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NSE share market NEWS tomorrow (13 April, 2023). NSE stocks in NEWS (tomorrow)

NSE share market NEWS tomorrow (13 April, 2023). NSE stocks in NEWS (tomorrow) These are NSE stocks which will be in NEWS tomorrow as on 13 April 2023

Au Small was amongst the top gainers, currently trading at 679.20 in NSE with 17.284 times change in volumes and 17.073% change in price. Other gainers included Nhpc with 3.753% price change and 2.316 times volumes, Indusind Bank with 3.215% price change and 2.023 times volumes, Union Bank with 3.107% price change and 1.765 times volumes, and Hdfc Stand with 2.862% price change and 2.129 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.

Ltimindtree was amongst the top losers, currently trading at 4646.40 in NSE with 2.787 times change in volumes and -3.755% change in price. Other losers included Pnb Housing with -3.509% price change and 6.623 times volumes, Persistent Systems with -3.342% price change and 3.356 times volumes, Laurus Labs with -2.847% price change and 0.422 times volumes, and Infosys with -2.738% price change and 1.932 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.

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

Nelco withdraws satcom permit application; may apply under New Space Policy. Tata group satellite services firm Nelco has withdrawn application for offering personal satellite communication services to consumers in the country and plans to apply for a new licence under New Space Policy, a top company official has said. Nelco has wi

NTPC mulls fresh offers for stake in green unit after top bidder pulls out. The fiscal year ended in March was expected to be a significant milestone for NTPC Green, the face of transition for the country's biggest coal consumer

IndianOil, Adani-Total, Shell lap up Reliance's KG-D6 gas; IOC top bidder. State-owned Indian Oil Corporation (IOC), Adani-Total Gas Ltd and Shell were among the 29 companies that bid and bought natural gas to be produced from the deepest field in the KG-D6 block of Reliance Industries Ltd and bp, sources said. IOC walked away wi

India Inc's topline growth in Q4FY23 to halve to 10-12%, says report. India Inc is likely to report a halving of revenue growth in the fourth quarter of FY23, a credit rating agency said on Thursday, as companies start reporting their financials. The revenue growth will come down to 10-12 per cent as against 22.8 per cent fo

Vivo to invest Rs 1,100 cr to ramp up mfg capacity in Greater Noida. Smartphone maker vivo on Thursday said it will invest Rs 1,100 crore more by the end of 2023 to scale up its manufacturing capacity in the country, and that production in its upcoming unit at Greater Noida is expected to commence by early 2024. vivo India

Indian fintech start-up funding falls 55% YoY in Q1 2023, says report. Sector expected to remain attractive due to rising digital payments, internet penetration, state push for a cashless economy

GAIL seeks LNG cargo for delivery to Dhamra terminal in May: Reports. GAIL (India) has issued a swap tender offering one liquefied natural gas (LNG) cargo for loading in the United States in exchange for another cargo for delivery to India, two industry sources said

AI to deploy TaxiBots for A320 aircraft fleet at Delhi, Bengaluru airports. Air India will start TaxiBot operations for its A320 aircraft fleet at Delhi and Bengaluru airports, a move that has the potential to save up to 15,000 tonnes of jet fuel over three years. The airline has entered into an agreement with KSU Aviation to laun

Infosys Q4 results: Net profit rises 7.8% to Rs 6,128 cr; revenue up 16%. The company recommended a final dividend of Rs 17.50 per equity share for the financial year ended March 31, 2023

Encouraged by viewership, JioCinema to recoup IPL investments ahead of time. Reliance-owned JioCinema, which has live streaming right for the Tata IPL, expects to recoup the investments made to acquire it before next three years, encouraged by 'record number' of viewership and backing of advertisers, a top company official said on

Oxford University, SII tie-up delivers 'high efficacy' malaria vaccine. A University of Oxford developed and Serum Institute of India (SII) manufactured and scaled up "high efficacy" malaria vaccine has been licensed for use in Ghana by Africa's Food and Drugs Authority, the university announced here on Thursday. The R21/Matri

HSBC planning to add 30 private bankers in fresh India wealth push. HSBC's plans reflect an increasing competition to manage the growing wealth in India among both global and local firms, which has enticed the London-based bank

Payments firm Worldline and SignCatch to partner for merchant digitisation. Programme will help small business owners to digitise operations and set up online presence

Vedanta board approves plan to raise up to Rs 2,100 crore via NCDs. The committee of directors of mining giant Vedanta Ltd has approved a proposal to raise up to Rs 2,100 crore by issuing non-convertible debentures (NCDs). The proposal was approved on Thursday during a meeting of its Committee of Directors, Vedanta Ltd sai

Zee Ent's Punit Goenka pays Rs 50.7 lakh to settle matter with Sebi. The matter dates back to September 2020 when ZEEL announced the launch of pay-per-view service Zeeplex

Coal India boosts coking coal output, production up 17% to 54.6 MT. Coal India Ltd, the world's largest coal miner, on Thursday reported a 17.2 per cent rise in production of coking coal, helping cut on imports of the fuel that is an essential input for production of iron and steel. In a statement, Coal India said coking c

HSBC's London office shortlist includes former Goldman Sachs headquarters. The shortlist has not yet been finalized and HSBC may also choose to stay at its existing HQ and carry out a refurbishment while remaining in occupation, sources said

Infosys Q4 disappoints on guidance & growth, profit up 7.8% at Rs 6,128 cr. India's second-largest IT services company misses estimates on revenue growth and net profit

Anand Rathi Wealth's profit surges 33% in FY23, revenue rises 31%. According to the company, the assets under management increased 18 per cent during the year to Rs 39,000 crore

TCS Q4 net up 15% to Rs 11,392 cr; meets estimates but revenue disappoints. Revenue for Q4FY23 grew 16.9% YoY to Rs 59,162 cr, but missed Bloomberg estimate

Adani's utility to supply 60% green power to Mumbai by 2027. Renewables accounted for 30% of power procurement for Adani Electricity as of March 31 - a ten-fold jump over the last two years, the company said in a presentation to stock exchanges Wednesday

BHEL, Nuclear Power Corp ink pact for nuclear power project opportunities. State-owned engineering firm Bharat Heavy Electricals and Nuclear Power Corporation have inked an initial pact to jointly pursue business opportunities in nuclear power based on pressurised heavy water reactor technology. Under the pact, BHEL and NPCIL wil

Zerodha forms joint venture with Amazon-backed Smallcase for AMC operations. Brokerage house Zerodha on Wednesday said it has formed a joint venture with Amazon-backed wealth management firm smallcase to build an asset management company. The capital markets regulator Sebi's approval has already been received for setting up the joi

PhonePe raises 0 million additional funding from General Atlantic. This new funding is part of PhonePe's ongoing fundraise of up to billion in capital, following its domicile shift to India last year

Anand Rathi Wealth Q4 profit rises 23% to Rs 43 cr; dividend Rs 7 per share. Anand Rathi Wealth, part of Mumbai-based financial services group Anand Rathi, on Wednesday reported a 23 per cent jump in its profit after tax at Rs 42.7 crore during the three months ended March 2023. In comparison, the company had posted a PAT (profit a

Knight Frank appoints India head Shishir Baijal on group executive board. Real estate consultant Knight Frank has appointed its India head Shishir Baijal on its group executive board. In a statement on Wednesday, the consultant said it has appointed "Shishir Baijal to its Group Executive Board responsible for the UK and global

Indian Oil may offer domestic airlines a stake in its green fuel plant. IOC has tied up with tech provider LanzaJet to produce SAF at its Panipat refinery and is seeking investments from airlines with a view to securing offtake commitments

Krithivasan to take charge as TCS's new CEO and MD from June 1. He will take over the charge from Rajesh Gopinathan, who last month decided to step down as MD and CEO of IT giant to pursue other interests

Lupin Diagnostics launches regional reference laboratory in Bengaluru. After establishing a presence in Hyderabad, this launch expands footprint in South India

TCS attrition rate drops to 20.1%, remains far from pre-pandemic levels. The total headcount of TCS stands at 614,795 as on March 31, 2023

Indian startup PredOmix develops AI-based blood test to detect 32 cancers. The company's OncoVeryx-F is a patented technology that combines metabolomics (study of small molecules) and AI to identify metabolite signatures of multiple cancers in a single test

Future Retail's creditors seek 90 days extension to concluding insolvency. Lenders of debt-ridden Future Retail Ltd (FRL) has sought an extension of 90 days for concluding the Corporate Insolvency Resolution Process (CIRP) of the company. The resolution professional of FRL has filed an application before the Mumbai bench of the N

Kumar Mangalam Birla received AIMA's 'Business Leader of the Decade' award. Birla said, last ten years had been a period of epochal change for India and the leaders of industry have had a chance to participate in that change and shape the future of the country

TCS blames US financial crisis for weak fourth quarter results. "The quarter has come out weaker than what we originally anticipated and primarily coming out of North America," TCS CEO Rajesh Gopinathan said in a media conference

Campus Activewear acquires land, building from Marico Industries in HP. Sports and athleisure footwear company Campus Activewear on Wednesday said it has acquired land parcel and a building from FMCG major Marico Industries Ltd in Paonta Sahib, Himachal Pradesh. The all-cash deal was worth Rs 16.70 crore. The deal will help Ca

Macquarie mulls sale of 9 road projects in India for .5 billion. The firm is in preliminary discussions with advisers about the potential deal, the people said, asked not to be identified discussing a private matter

Power giant NTPC to raise Rs 3,000 cr via non-convertible debentures. State-owned power giant NTPC on Wednesday said it has decided to raise Rs 3,000 crore by issuing non-convertible debentures on a private placement basis. "NTPC has decided to issue unsecured non-convertible debentures of Rs 3,000 crore on April 17, 2023, t

RIL to set up .4-3 bn InvIT to monetise retail warehousing assets. Reliance Industries Ltd (RIL) has started the process to set up an infrastructure investment trust (InvIT), under which the group can monetise the backend warehousing and logistics assets of its retail business, said industry sources. Reliance Retail, the

Apple boost helps India double smartphone exports; shipments hit .1 bn. Apple exported over billion worth of iPhones from the country in FY23 and already accounts for 45 per cent of the overall smartphone exports, followed by Samsung

Torrent to give 920 MW power from its gas-based plants under govt tender. Torrent Power on Wednesday said it has bagged a contract to supply 920 MW gas based electricity from its DGEN and SUGEN plants under a tender of NTPC Vidyut Vyapar Nigal Ltd (NVVN). The ministry of power had designated NVVN as the nodal agency for procurem

Radisson Hotel Group announces entry of luxury lifestyle brand in India. Radisson Hotel Group on Wednesday announced the entry of its luxury lifestyle brand "Radisson Collection" in India with the signing of the first hotel in Hyderabad. The 300-room hotel is close to the city's financial district, which houses business centres

K Krithivasan to take over as CEO of Tata Consultancy Services from June 1. Krithivasan during the media briefing said that his immediate focus will be to meet customers

Indian Rare-Earths eyes 400% expansion for clean energy transition. State-owned IREL (India) Ltd. aims to mine 50 million tonnes a year of rare-earths bearing ore by end-2032, up from 10 million tonnes now

Twitter's to remove legacy Blue checks by April 20, says Elon Musk. Elon Musk on Tuesday set a deadline for purging legacy blue check-marks from Twitter accounts verified under the company's previous regime

Exports of Made in India iPhones rise 4 times in FY23, tops bn: Report. Owing to this, India's overall smartphone exports crossed billion for the first time in FY23

Apple supplier Foxconn to start construction of its Karnataka plant in May. Spread over 300 acres, it is touted to be Foxconn's largest manufacturing unit in India

Nestle India declares interim dividend of Rs 27/share, fixes record date. The FMCG giant has fixed 21 April as the record date for determining the eligibility of shareholders for interim dividend payment

Oldest Indian billionaire, champion of education: Who was Keshub Mahindra?. Keshub Mahindra passed away on April 12 at the age of 99

RIL readies .4-3 bn Infra Investment Trust for retail warehousing assets. Reliance Industries Ltd has already begun setting the framework for the potential infrastructure investment trust (InvIT) of its warehouse assets

MRF second strongest tyre brand in the world: Brand Finance report. MRF scored well in almost all parameters and has also been named the world's second fastest-growing tyre brand. It has scored 83.2 out of 100 in brand strength and was awarded a AAA- brand rating

Raj Neervannan-cofounded AlphaSense raises 0 million, bullish on India. The investment will enable us to continue our mission of pushing the boundaries of technology & accelerating our research and development efforts in India, said Raj Neervannan

Operations normal now: Alliance Air as pilots call off strike after 2 days. Alliance Air on Wednesday said flight operations have normalised now after a section of pilots, who were on strike for the last two days, resumed work. On Monday and Tuesday, around 70-80 pilots went on strike to protest against non-restoration of salaries

Bank of India plans to raise Rs 6,500 crore through various means in FY24. State-owned Bank of India plans to raise Rs 6,500 crore from various means including share sale to fund business growth in 2023-24. The proposal in this regard would come before the board in its meeting scheduled on April 18, Bank of India said in a regula

PhonePe raises another 0 mn to expand into lucrative lending space. With the latest round, PhonePe, India's most valuable payments firm with an estimated value of billion, has raised 0 million across four tranches from its backers, including Tiger Global

HDFC Bank ties up with Export Import Bank of Korea for 0 mn credit line. HDFC Bank on Wednesday announced that it has signed a "Master Inter Bank Credit Agreement" with Export Import Bank of Korea for a USD 300 million line of credit. The pact was signed by the two entities at GIFT City in Gujarat's capital Gandhinagar on Wedne

Top global firms approaching Indian toy makers for sourcing goods: Official. Top global retailers from the US and Europe have shown keen interest in sourcing goods from Indian toy manufacturers and hand-hold them to meet their compliance requirements, a government official said. The official said these retail giants are looking to

Hiranandani to invest Rs 1,000 cr in premium housing project in Panvel. The project, located in the group's mixed-use integrated township, Hiranandani Fortune City, is to be launched this week and is expected to be completed within three years

NBCC inks MoU with SIDBI for development work of their properties. State-owned NBCC (India) Ltd on Wednesday said it has signed a memorandum of understanding with SIDBI for development work of their properties across India. The MoU (memorandum of understanding) was inked by Pradeep Sharma, CGM (Engg) at NBCC, and Manas Ra

TCS Q4 Results: Net profit up 14.8% at Rs 11,436 cr; dividend Rs 24 a share. The net profit for Q4FY23 has increased by 14.8 per cent on a year-on-year (YoY) basis from Rs 9,959 crore in Q4FY22

Nuvama Wealth aims to list by August, sets ambitious biz growth targets. Wealth management company Nuvama is aiming for a listing by August this year once its demerger from Edelweiss Financial Services gets through, a top official said on Wednesday. Edelweiss Financial Services' shareholders have already given their nod for the

Airtel flags concerns over broadcast content on unregistered digital sites. Bharti Airtel has told regulator Trai that broadcasters are violating the downlinking policy by providing broadcast content to unregistered digital distribution platforms. The telecom player's submission to the watchdog is seen as an apparent reference to

Blackstone Inc raises .4 billion for its latest real estate fund. The fund, called Blackstone Real Estate Partners X, is 48% bigger than the asset management giant's previous real estate fund which closed in 2019

Airbus first-quarter deliveries drop as supply woes extend into new year. Deliveries totaled 61 aircraft in March, the world's biggest planemaker said Tuesday

Airbus first-quarter deliveries drop as supply woes extend into new year. Deliveries totaled 61 aircraft in March, the world's biggest planemaker said Tuesday

Airbus first-quarter deliveries drop as supply woes extend into new year. Deliveries totaled 61 aircraft in March, the world's biggest planemaker said Tuesday

ArcelorMittal Nippon Steel selects IBM for cloud-powered transformation. ArcelorMittal Nippon Steel India, a joint venture between ArcelorMittal and Nippon Steel, has selected IT major IBM to drive cloud-powered transformation, a statement said on Tuesday. ArcelorMittal Nippon Steel India (AM/NS India), the joint venture of the

IBA reaching out to start-ups for funding needs, says DPIIT official. Only DPIIT-registered start-ups are eligible for funding under various support schemes of the industry department

MG Motor to launch Comet EV in India on April 19; check details here. Comet EV will be one of the most affordable electric cars on the market and is expected to be in direct competition with Tata Tiago EV

Titagarh Wagons-Bhel consortium to build 80 sleeper Vande Bharat trains. The listed PSU informed exchanges that it is the lead partner in the joint venture (JV) and will be supplying the trains over a period of six years

Edtech unicorn PhysicsWallah appoints Sumit Rewri as PW OnlyIAS CEO. Under Rewri, an engineer who worked at TCS till 2014, OnlyIAS with a team of more than 200 people, has become a leading choice for UPSC aspirants

Fintech firm BankBazaar.com plans to go public in next 12-18 months. Fintech firm BankBazaar.com on Tuesday said it plans to go public in the next 12-18 months. The company had a net revenue of Rs 160 crore in FY23. The Initial Public Offering (IPO) plans are in progress with an aim to list in 12-18 months, co-branded credi

Lenders of Reliance Capital fix Apr 26 as new date for second auction. As per the earlier schedule, it was to be held on April 11

Goldman Sachs names new global head of private banking, lending, deposits. Nishi Somaiya joined the Wall Street giant in 2001, was named managing director in 2011, and partner in 2016

PE investments in India decline over 75% in Q1 of CY23, lowest since 2018. It is the sixth straight quarter of decline as global macroeconomic and geopolitical headwinds drive caution in investment activity, says analyst

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