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NSE share market NEWS tomorrow (17 April, 2023). NSE stocks in NEWS (tomorrow)

NSE share market NEWS tomorrow (17 April, 2023). NSE stocks in NEWS (tomorrow) These are NSE stocks which will be in NEWS tomorrow as on 17 April 2023

Indian Bank was amongst the top gainers, currently trading at 309.50 in NSE with 7.02 times change in volumes and 7.821% change in price. Other gainers included Rbl Bank with 4.929% price change and 2.495 times volumes, Union Bank with 4.735% price change and 1.872 times volumes, Aditya Birla with 4.407% price change and 4.69 times volumes, and Tube Invest with 4.193% price change and 1.592 times volumes. These stocks are expected to continue this move in coming days also. You can take a position in these stocks tomorrow and hold the position for a few days with today's opening as stoploss.

Infosys was amongst the top losers, currently trading at 1258.30 in NSE with 4.719 times change in volumes and -9.423% change in price. Other losers included Ltimindtree with -6.754% price change and 1.933 times volumes, 360 One with -5.781% price change and 147.791 times volumes, Tech Mahindra with -5.235% price change and 1.596 times volumes, and Persistent Systems with -4.263% price change and 2.128 times volumes. These stocks are expected to continue this move in coming days also. You can take a position in these stocks tomorrow and hold the position for a few days with today's opening as stoploss.

Other stocks which made news headlines today and can be traded tomorrow are below.

PwC India to invest Rs 600 crore in next 3 years on employees' welfare. PwC India on Monday said it is investing more than Rs 600 crore over the next 3 years towards holistic learning and development of its employees and across different wellbeing initiatives. The past three years have had a dramatic effect on people, and as a

JSW Group eyes share of country's infra boom, plans to spend bn by 2030. Jindal said steel was "a cyclical business, and we cannot afford to have a high-leverage regime," according to the FT

Never violated AP Chit Fund Act rules, says Margadarsi Chit Funds Pvt Ltd. The Margadarsi Chit Funds Pvt Ltd (MCFPL) has never violated any provisions of the AP Chit Fund Act & Rules, the company said on Monday amid a CID probe into the alleged violations of the law by it. In a statement, the company alleged that the Andhra Prade

Hyundai Mobis develops world's first rollable display for vehicles. Hyundai Mobis aims to obtain orders for the rollable display, which was partly adopted in smartphones and TVs, from luxury carmakers in North America and Europe

Nike, Adidas shoes maker Pou Chen to invest nearly 1 mn in India. The investment, which would create about 20,000 jobs in Tamil Nadu over a span of 12 years

Gurugram-based realty developer M3M India eyes Rs 20,000 cr sales in FY24. The company claims it has sold 10 mn sq ft of space in FY23, about 81% beyond the FY22 figure of 5.5 mn sq ft. It aims to sell 14-15 mn sq ft in FY24

KFL posts Rs 621 cr sales turnover, passes Rs 42 cr as subsidy to farmers. The state-run Kerala Feeds Limited (KFL) on Monday said it has posted impressive results in 2022-23 with its total sales turnover going up to Rs 621 crore from Rs 577 crore the previous year. In a release, KFL, a State Public Sector Undertaking, said it h

Nusli Wadia-owned Go First to receive Rs 600 crore more by April end. This is in addition to Rs 3,000 crore already invested by promoters in the past 20 months

Air India revamps pay structure of pilots, crew; announces reward, bonus. The new structure also includes revised pay scales across all levels and will come into effect from April 1, 2023

Over 76 firms ink non-disclosure agreement with govt to use ULIP data. Over 76 firms have signed non-disclosure agreements with the government to access data from the Unified Logistics Interface Platform, an official said on Monday. The Unified Logistics Interface Platform (ULIP) was launched on September 17 last year as part

Former Softbank India head Manoj Kohli joins Masters' Union as Chairperson. Former Softbank India head Manoj Kohli has joined as Chairperson of Gurugram-based business school Masters' Union, the management institute said on Monday. Kohli left Softbank in January. When contacted, Kohli said: "I have completed 44 years of full-time

Google withdraws appeal in SC against NCLAT in anti-competition case. NCLAT is likely to hear the matter this week and has transferred the case to chairperson's court

Hello Mumbai! From CEOs to vada pav, Apple CEO Cook gets a taste of India. Perhaps this is the beginning of not just Tim Cook's India adventure but Apple's as well

72% of workers in Apple's India factories are women; Foxconn best performer. The gender data is based on details provided to the states and the central government

TV18 Broadcast Q4 profit falls 91% to Rs 19.7 crore; revenue dips 6%. Media firm TV18 Broadcast Ltd on Monday reported a 91.09 per cent decline in its consolidated net profit at Rs 19.66 crore in the fourth quarter ended on March 31, 2023, on account of a fall in advertising revenue. The company had posted a net profit of Rs

Former Jio-bp executive Kedar Apte to head M&M's global farm business. Apte comes from Jio-bp (a joint venture between Reliance & bp for mobility in India). He was working as the chief marketing officer at Jio-bp

Bournvita rejects social media influencer's claims of high sugar content. Mondelez India-owned health drink brand Bournvita on Monday rejected the claims of a social media influencer of having high sugar content, terming a video posted by him as "unscientific", which "distorted facts and made false and negative inferences". The

At TCS, CEO is the first among equals, says Krithi Krithivasan. Presence is across geographies, any downside hits us, says Krithi Krithivasan CEO-designate, TCS

Once we make a job offer, we honour it: TCS outgoing CEO & MD Gopinathan. The US has turned out to be surprising and hence difficult to call out for the short term, says Rajesh Gopinathan

Google may lose search on Samsung devices to Microsoft Bing: Report. Google is working on several projects to update and renew its search services to avoid losing ground

Coca-Cola to buy minority stake in food delivery platform Thrive: Report. The partnership with Thrive is expected to drive consumer demand for Coca-Cola's beverages

Android malware infects 60 Google Play apps with 100 million downloads. Google Play has been infiltrated by a new Android malware called 'Goldoson', which has been discovered in 60 legitimate apps with a combined total of 100 million downloads.

Appeal by firm can be heard even without certified copy of order: HC. Earlier, an appellate authority under the GST regime had rejected the appeal on the ground that it was not accompanied by a certified copy of the order against which the appeal was filed

Wadia group likely to exit loss-making budget carrier Go First: Report. In the past few months, Go First's over half aircraft have been grounded due to supply chain disruptions due to Pratt & Whitney (P&W) engines

Non-leather footwear maker Pou Chen to invest Rs 2,302 cr in Tamil Nadu. The MoU is expected to generate jobs for over 20,000 people in the non-leather footwear sector in the state over a span of 12 years, especially for youth and women, in and around Kallakurichi District

Here's a first look of the Apple store that opens in Mumbai tomorrow. The store features latest Apple products and accessories like AirTag. It also offers Apple Pickup, which allows customers to place an order online and pick up products at their convenience

TCS may consider giving 12-15% hikes to top employees to curb attrition. TCS is also planning to raise base salaries in its campus recruitment drives. If implemented, this is likely to make Infosys, HCL Technologies, and Wipro follow suit

Volvo Car India reports 38% growth in sales in January-March quarter. Volvo Car India on Monday said it has sold 544 units in the first quarter of this year, a 38 per cent growth, over the same period last year. The automaker had sold 393 units in the January-March period of last year. The sales growth during the period was

Adani-Total's Dhamra LNG terminal to start commercial operations at May-end. Adani Group and French company TotalEnergies' newly built Rs 6,000 crore facility to import LNG at Dhamra on the Odisha coast will start commercial operations at the end of May, the French firm said on Monday. The 5 million tonne a year capacity terminal r

As Apple India sales near bn, CEO Cook arrives to launch first stores. Apple's India sales surged during the pandemic as customers bought iPhones, iPads and MacBooks to work and study from home. And that momentum has continued, helped by financing and trade-in options

Origins by Mahindra signs Mitsubishi Electric for 2 mn Chennai project. The new unit will be Mitsubishi Electric's first air-conditioner and compressor manufacturing plant in India; is expected to begin operations by October 2025

Maruti launches upgraded Super Carry to boost presence in LCV segment. M&M, Tata Motors dominate LCV segment with about 80% market share between them

Mitsubishi Electric to set up AC manufacturing plant in Chennai. Mitsubishi Electric will set up a plant to manufacture air conditioners and compressors at Mahindra World City Developers' industrial park in Chennai with an investment of USD 222 million. The new factory will be Mitsubishi Electric's first air conditioner

NCLT okays AM Mining India's resolution plan for Indian Steel Corporation. ArcelorMittal India on Monday said a resolution plan submitted for Indian Steel Corporation by its arm AM Mining India has been approved by the NCLT, Mumbai. In a statement, ArcelorMittal India Pvt Ltd said it "welcomes National Company Law Tribunal (NCLT)

Zomato set to turn profitable in FY25 at 29% revenue CAGR: Motilal Oswal. Brokerage expects Zomato to gain from the nascent stage of the food delivery ecosystem in India, sees its food delivery GOV surging to Rs 38,400 cr in FY25 from Rs 21,300 cr in FY22

M3M India FY23 sales bookings jump over two-fold to Rs 13,000 cr. Realty firm M3M India on Monday said its sales bookings jumped more than two-fold to record Rs 13,000 crore during the last fiscal on better demand for housing and commercial properties. The Gurugram-based company, in a statement, said it has "recorded the

Tata Coffee Q4 result: A look at how it performed in previous quarters. Tata Group in March 2022 announced a merger between Tata Coffee and Tata Consumer Products, NCLT's nod is expected soon

Apple chief executive Tim Cook to meet PM Narendra Modi amid expansion. The visit by Cook to open the first official company-owned outlets in Mumbai and New Delhi this week underscores Apple's growing ambitions for India

Apple chief executive Tim Cook to meet PM Narendra Modi amid expansion. The visit by Cook to open the first official company-owned outlets in Mumbai and New Delhi this week underscores Apple's growing ambitions for India

Top headlines: HDFC Bank recommends 1900% dividend, Sec 144 imposed in UP. Business Standard brings you top headlines at this hour

Vodafone Idea awards Rs 200 crore network order to Chinese firm ZTE. Telecom operator Vodafone Idea has recently awarded a network gear order of around Rs 200 crore to Chinese company ZTE, three sources aware of the development said. The company has given orders for broadband network equipment in telecom circles of Gujarat,

Talks with UK government on financial package continue: Tata Steel CEO. Tata Steel is still pursuing its request for the financial package with the UK government, the company's CEO T V Narendran said. Narendran who is also the Managing Director of Tata Steel made the remarks in reply to a question on stance on exiting the UK b

Uber signs pact to build cab service zones across all AAI airports. Ride-hailing app Uber has signed a pact with AAI to build its cab service zone across their airports as it sees the aviation sector as one of the key growth drivers of its business, a senior company official said. Uber India and South Asia President Prabhj

See very good opportunities in merger and acquisitions: Infosys CEO. The current environment is throwing up "good opportunities in the merger and acquisition space", Infosys CEO Salil Parekh has said, adding the Bengaluru-headquartered IT firm will look at companies that offer strong strategic and cultural fit. While Infosy

TCS, Infosys results signal subdued Q4 for IT pack, say experts. The results of top-tier companies TCS and Infosys have tripped on global uncertainties and missed street estimates, setting a subdued tone for Q4 show by the IT pack, and experts see choppy 1-2 quarters for the industry but are hopeful of subsequent recove

McLeod-IL&FS out-of-court settlement likely to be completed in two weeks. Bulk tea major McLeod Russel India Ltd and IL&FS are currently engaged in negotiations towards an out-of-court settlement, which is expected to be reached within the next two weeks. The Brij Mohan Khaitan group company is attempting to avoid insolvency thr

Booster dose: Zydus likely to arm India with single-dose malaria drug. In Phase-2 trials now, pill also works against drug-resistant malaria strains

Reliance Industries Limited to announce Q4 results on April 21. Reliance Industries Limited has informed BSE that the meeting of the Board of Directors of the Company is scheduled on April 21

TCS to continue investments in R&D and technology: CFO Samir Seksaria. Country's largest IT services company TCS will continue investing in research and innovation, office spaces and technology infrastructure at the same pace even as it wades through near-term volatilities, a senior official has said. The company's promise to

Considering production of passenger vehicle tyres in India: Michelin CEO. French tyre major Michelin is actively considering production of passenger vehicle tyres locally in India, according to the group Chief Executive Officer Florent Menegaux. The local manufacturing would help the Clermont-Ferrand based tyre major to scale up

Baskin Robbins to add 100 ice cream parlours to expand its network in FY24. Baskin Robbins, an ice cream brand operating in the premium space, has plans to add around 100 parlours in the current fiscal expanding its network further, said a top company official. The company is looking for a double-digit growth in sales, helped by m

Mukesh Ambani builds on record cricket views with film, TV offerings. The potential viewership in India, home to 1.4 billion people and with a growing middle class and expanding internet access, is immense. JioCinema drew more than 1.47 billion video views

Ashok Leyland takes digital route with 'Re-AL' to tap used vehicle biz. Hinduja Group flagship company Ashok Leyland has rolled out an e-marketplace 'Re-AL' for used commercial vehicles segment, the automajor said on Saturday. The e-marketplace facility would help customers to exchange their existing vehicles and upgrade to a

Renew Power planning to raise 0 mn in green bonds to refinance old loans. Early this month, Reliance Industries raised billion for its telecom and new energy projects

HDFC Bank Q4 net rises 20% to Rs 12,594 cr, GNPA ratio improves to 1.12%. HDFC Bank on Saturday reported a 20.60 per cent growth in its consolidated net profit to Rs 12,594.47 crore for the March 2023 quarter. The country's largest private sector lender had reported a net profit of Rs 10,443.01 crore for the January-March period

HDFC Bank Q4 net profit up 19.8% to Rs 12,047 cr on healthy loan growth. The bank's total balance sheet expanded by 19.2% to Rs 24.6 trillion

Amazon, Google CEOs hint at more layoffs amid meltdown to evaluate business. As tech layoffs continue unabated in 2023, Amazon and Google CEOs have hinted at more layoffs as the companies continue to evaluate business

Zepto CFO Jitendra Nagpal quits, plans to launch a venture capital firm. Meanwhile, Zepto has announced the appointment of crypto firm CoinSwitch's chief financial officer Ramesh Bafna as its new CFO. Bafna is an ex-CFO of Myntra and an early member of the Flipkart team

NFRA imposes fine, bans auditors for misconduct in audit of DHFL branches. The National Financial Reporting Authority (NFRA) has imposed a fine and a one-year ban on four auditors for alleged professional misconduct in connection with the audit of branches of Dewan Housing Finance Corp Ltd (DHFL) in 2017-18. DHFL (now known as Pi

HDFC Bank recommends 1900% dividend from net profits of FY23. The dividend benefit was taken during the meeting held on Saturday during which HDFC Bank also fixed a record date for the said dividend

Record-breaking reach in Hindi speaking markets for IPL 2023: Disney Star. Overall, the broadcaster clocked a cumulative reach of 30.7 crore viewers for the first ten matches of the T20 tournament

JPMorgan profit surges 52% in Q1 on back of robust consumer business. The bank's profit increased 52% to .62 billion, or .10 per share, in the three months ended Mar. 31

FirstCry in talks with sovereign funds to sell stake at bn valuation. SoftBank, led by Masayoshi Son, is likely to sell a portion of its 29 per cent stake in the company if the deal goes through, sources said

Tata Motors joins rivals, will hike PV prices from May 1 by 0.6%. Company earlier raised prices of its commercial vehicles by 5% as auto industry transitions to new emission norms

InCred Alternative launches its first long-short fund of Rs 1,000cr. InCred Alternative Investments on Friday launched its first equity long-short open-ended fund with a targeted asset under management of Rs 1,000 crore. The liquid alternative investment fund aims to follow a multi-strategy quant approach to help generate s

Citigroup's Q1 profit beats estimate on higher interest income from loans. The banking sector was jolted by the collapse of Silicon Valley Bank and Signature Bank last month, which wiped out billions of dollars in market value

Wells Fargo reports beat on earnings, profit rise on higher rates. The firm had .3 billion in NII in the first three months of year, up 45% from a year earlier and more than the 42% jump analysts expected, Wells Fargo said

AI to have huge impact on future of businesses, but challenges exist. While generative AI has created a huge buzz at the consumer end, enterprises are still cautious about its use

Blackstone-backed Nexus Select likely to launch retail REIT IPO in May. Global investment firm Blackstone-sponsored Nexus Select Trust is likely to launch India's first retail REIT public offer in early May to raise up to Rs 4,000 crore. In November last year, Nexus Select Trust filed the draft red herring prospectus (DRHP) wi

Den Network's Q4 net profit rises over two-fold to Rs 126.20 crore. Den Networks Ltd on Friday reported an over two-fold jump in its consolidated net profit to Rs 126.20 crore for the fourth quarter ended March 31, 2023. The company had posted a net profit of Rs 48.61 crore during the January-March quarter of FY22, Den Net

Wage protests halt high-speed grocery deliveries at Zomato's Blinkit. Zomato in an email said it had introduced a new structure for riders that compensates them based on their effort and was engaging with them to reopen the shut stores

Lynk Global eyes telecom companies for satellite direct to mobiles. Lynk is putting up small satellites which it calls 'cell towers in the sky' to provide coverage

ITC to add 3 properties under Welcomhotel in MP, Himachal, Uttarakhand. ITC Hotel Group's upper upscale brand Welcomhotel is planning to add three more properties in Madhya Pradesh, Himachal Pradesh and Uttarakhand. Recently, ITC inked a deal to open 136-room Welcomhotel Gwalior, which is spread over 7 acres and slated to open

Toyota Kirloskar Motor launches online retail sales platform for Bengaluru. Toyota Kirloskar Motor (TKM) on Friday announced the launch of an online retail sales platform 'Wheels on Web' for the Bengaluru region. The platform enables customers to book, purchase and get delivery of Toyota vehicle models from their homes, TKM said i

Bengaluru's Whitefield to see 8-10% growth in office rental: Report. Business hub that hosts famed companies will gain from metro connectivity, it says

Uber sets up second batch of driver members to join advisory council. System gives the 'much-deserved seat at the table', says ride hailing company

LinkedIn introduces new ways to verify identity, work; to be free for all. Professional networking platform LinkedIn has introduced new ways to verify your identity and where you work as part of verification, which will be free for all members

Lalit Malik resigns as Torrent Power CFO; co appoints Saurabh Mashruwala. Torrent Power Ltd on Thursday announced its Chief Financial Officer (CFO) Lalit Malik has resigned with immediate effect. The Board of Directors at its meeting on Thursday accepted the resignation tendered by Malik due to health reasons, Torrent Power said

ED initiates FEMA investigation against BBC India; calls staffers for probe. The Enforcement Directorate (ED) has registered a case under FEMA against BBC India for alleged foreign exchange violations and called its staffers for questioning following which a deputy managing editor of the broadcasting company deposed on Thursday, of

Stay away from expensive M&As: Lenders to Anil Agarwal's Vedanta. Group cannot take recourse to VRL, Vedanta's books to bid for BPCL

Lamborghini India looking to reduce CO2 emissions by 50% by 2025. Despite Italy generally opposing the EU's plan for carbon neutrality by 2035, one of its most famous carmakers is stepping up its electrification plans

All India chit fund body backs Margadarsi, says no complaint against firm. Taking exception to the press note issued by the Andhra Pradesh Crime Investigation Department (CID) on alleged irregularities by Margadarsi Chit Fund Private Ltd, the All India Association of Chit Funds on Thursday claimed that there were no complaints ag

Adani's Rs 20,000-cr FPO subscriber info not available: Sebi to RTI query. "The respondent, in response to the aforesaid queries, informed that the information sought is not available with Sebi," noted the Appellate Authority under the RTI Act

Amazon CEO Jassy pledges to keep investing in big bets amid cost cuts. The missive coincides with a period of rolling layoffs at the Seattle-based company, as executives seek to cut costs and wind down marginal or unprofitable projects

WeWork India offers employees to surrender up to 25% of vested stock option. Co-working major WeWork India on Thursday announced that its employees are eligible to surrender up to 25 per cent of vested stock options. "WeWork India is conducting its first-ever ESOP surrender exercise, offering employees the opportunity to make the m

Lamborghini India expects luxury supercar sector to see double-digit growth. Automobile Lamborghini is expecting luxury supercar segment to see double-digit growth in India this year, driven by improving infrastructure, rising population of ultra high net worth individuals and other factors, its country head Sharad Agarwal said on

What led to mass layoffs in tech sector globally and who was affected?. According to a report over 150,000 people have been affected by tech layoffs in 2022 alone, whereas, 68,500 new cuts were seen in January 2023 alone

Despite slower attrition rate, headcount down for Infosys in Q4. Infosys reported a net reduction even as rival TCS added 821 employees in Q4

Purabi Dairy targets 50% revenue increase to Rs 300cr this fiscal year. The West Assam Milk Producers' Co-operative Union Ltd (WAMUL) on Thursday said it is aiming to clock a 50 per cent jump over its 2022-23 revenue to around Rs 300 crore in this fiscal. The business of the Guwahati-based cooperative, which markets milk and m

HCL Technologies digital business services head Anand Birje quits. IT company HCL Technologies' digital business service head Anand Birje has resigned, the firm said on Thursday. Birje was based out of San Francisco. He has been with HCL Technologies for the last 20 years. "Anand Birje, head of Digital Business Services h

JPMorgan has made deep cuts to metals' business after nickel crisis. While the review is ongoing, JPMorgan has already scaled back its base metals business substantially, according to people familiar with the matter

Viacom18 completes merger with RIL; allots shares to Bodhi Tree, Paramount. With the completion of this merger, JioCinema's integration into Viacom18 has been completed successfully

DVC raises capex by 36% to Rs 2,800 cr in FY24, plans to import coal. Damodar Valley Corporation has raised its capital expenditure target for the 2023-24 fiscal to Rs 2,800 crore, a 36 per cent increase over the previous year, to support expansion plans, a top official said on Thursday. The entity owned jointly by the Centr

Consumer durable firm Haier aims Rs 10,000 cr turnover in next two years. Consumer durable firm Haier India on Wednesday said it is targeting a turnover of Rs 10,000 crore in the next two years. Haier, which had closed last year at Rs 6,000 crore, expects a "growth of 40 per cent and 30 per cent in revenue in the years 2023 and

DMRC is lowest bidder for operation, maintenance of Mumbai Metro Line-3. DMRC outbid French transport operator Keolis, likely to get 10-year contract

Number of startups rose to 90,000 in nine years, says Ashwini Vaishnaw. Union minister Ashwini Vaishnaw on Thursday said that in the last nine years, the number of startups in the country increased to 90,000 due to promotion of the startup culture by the Modi government. He said the central government is trying to make Rajasth

Coffee Day Global, MACEL audit lapses: NFRA slaps Rs 1.25 cr fine. The National Financial Reporting Authority (NFRA) has imposed a ban as well as penalties totalling Rs 1.25 crore on five entities, including four auditors, for lapses in auditing of Coffee Day Global Ltd and MACEL during 2018-19 fiscal. Coffee Day Global L

Amazon.com Inc joins generative AI race, targets cloud customers. Amazon announced no plans to release a chatbot like the ones Microsoft and Google have debuted to mixed reviews

Client conversations dominated by ChatGPT, says TCS COO Subramaniam. He also said that clients are interested in knowing how ChatGPT and generative AI can be integrated into their offerings

Apple triples India iPhone output to bn in FY23 in China shift. Apple will likely try to manufacture the next iPhones in India at the same time as in China, sometime in the fall of 2023

Latest stock market News for tomorrow Access previous news reports: 667668669670671672673674675676677678679680681682683684685

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