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NSE share market NEWS tomorrow (12 April, 2023). NSE stocks in NEWS (tomorrow)

NSE share market NEWS tomorrow (12 April, 2023). NSE stocks in NEWS (tomorrow) These are NSE stocks which will be in NEWS tomorrow as on 12 April 2023

Divi S was amongst the top gainers, currently trading at 3212.10 in NSE with 31.477 times change in volumes and 9.727% change in price. Other gainers included Laurus Labs with 6.969% price change and 10.947 times volumes, Max Healthcare with 6.232% price change and 6.24 times volumes, Piramal Pharma with 4.986% price change and 2.654 times volumes, and Kfin Technologies with 3.884% price change and 3.206 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.

Prestige Estates was amongst the top losers, currently trading at 447.90 in NSE with 0.247 times change in volumes and -2.831% change in price. Other losers included Cholamandalam Investment with -2.45% price change and 0.594 times volumes, Inox Wind with -2.289% price change and 2.023 times volumes, Abb India with -2.255% price change and 1.011 times volumes, and Power Finance with -1.95% price change and 0.826 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.

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

Astec LifeSciences launches its R&D centre in Maharashtra's Rabale. Astec LifeSciences, a subsidiary of Godrej Agrovet (GAVL), on Tuesday launched its Research and Development (R&D) centre in Rabale, Maharashtra. The facility 'Adi Godrej Centre for Chemical Research and Development' will focus on innovation and developing

Mother Dairy Fruit and Vegetable launches over 15 products for summer 2023. Mother Dairy Fruit and Vegetable Pvt Ltd on Tuesday said it has launched more than 15 new products for the summer season this year. The new product line-up for this year includes a ready-to-consume custard, two cold coffees and more than 10 ice cream varia

Row over Bengaluru entry: It's always been Amul & Nandini, says Jayen Mehta. Amul products will only be sold on e-commerce and not through the general trade

Indian companies to see higher interest burden in FY24 against FY22: Report. India Ratings & Research also expects the cost of debt to increase across different categories irrespective of the size of the firms

Techno Paints to set up two new plants in Andhra, one in Madhya Pradesh. : City-based paint maker Techno Paints on Tuesday said it was setting up three more plants -- at Visakhapatnam and Chittoor in Andhra Pradesh and Katni in Madhya Pradesh -- to manufacture cement putty, textures, primers and emulsions. In the first phase, e

Pilots' strike hits Alliance Air flight ops; airline issues notices. Around 70 flights of Alliance Air were affected on Tuesday as a section of pilots continued with their strike for the second consecutive day and the airline has issued show cause notices to the pilots, according to two sources. Around 70-80 pilots refraine

L&T Technology Services to pay .9 million for US visa fraud allegations. IT services company acquired less expensive B1 work visas than costlier and limited H-1B visas between 2014 and 2019

Sula Vineyards' own brand sales volumes cross 1 mn cases mark in FY23. Leading wine producer Sula Vineyards Ltd on Tuesday said sales volume from its own brands crossed 1 million cases in FY23. Besides, sales volumes in elite & premium wines went past the 5 lakh cases mark for the first time, it said in a sales update for Q4

Euler Motors lays off around 200 employees amid restructuring. As per the company's LinkedIn page, Euler Motors has over 500 employees in the startup. However, according to sources the number of impacted employees stands at around 200

Adani Enterprises Ltd incorporates subsidiary Pelma Collieries for coal. Adani Enterprises Ltd (AEL) on Tuesday said it has incorporated a wholly-owned subsidiary for carrying out coal washery related business. "The company has incorporated a WOS (Wholly-Owned Subsidiary) Pelma Collieries Ltd (PCL) on April 7, with an initial a

Tiger Global Management offloads Delhivery's shares for Rs 388 crore. Tiger Global Management on Tuesday offloaded shares worth Rs 388 crore of supply chain player Delhivery through an open market transaction. Internet Fund III Pte, a fund managed by US-based private equity firm Tiger Global Management, sold the shares of De

Boeing sees airplane deliveries jump on return of the 787 Dreamliner. Boeing reported Tuesday that deliveries of new jetliners jumped in March, helped by the return of the long-range 787 Dreamliner, as the U.S. aircraft maker edged out European rival Airbus in both deliveries and new orders. Boeing said it delivered 64 comme

BHEL-led consortium bags order of 80 sleeper class Vande Bharat trains. A consortium led by state-owned Bharat Heavy Electricals Ltd (BHEL) has bagged an order worth more than Rs 9,600 crore to supply 80 sleeper class Vande Bharat trains to Indian Railways over a period of six years. There is a demand for running sleeper class

Google gearing up for another round of layoffs? Here's what CEO Pichai says. A few months ago, Sundar Pichai said that the tech giant is looking to become more efficient and is looking at every aspect

NCLAT dismisses NCLT order, directs Ansal Housing to pay money to creditor. Appellate tribunal NCLAT has set aside an NCLT order that rejected an operational creditor's plea seeking insolvency proceedings against Ansal Housing, terming it as a "fit case for the admission of CIRP". A two-member National Company Law Appellate Tribun

Strengthening omni-channel ecosystem to meet needs of consumers: Dell. Dell Technologies India will continue to strengthen its omni-channel ecosystem to meet the requirement of customers in the current dynamic market scenario, a senior company official said on Tuesday. "To begin with, India is a very important market for Dell

India's e-commerce logistics space to exceed 10 bn parcels by FY28: Redseer. The total shipments for e-commerce logistics grew to 4 billion in FY23

Tata Group to set up Air India's new ground handling business: Report. The new company may also include an aviation training academy

Govt to invite bids for privatisation of Shipping Corp in May: Report. According to the report, the government now aims to invite financial bids for SCI, which owns and operates around one-third of India's total tonnage, by mid-May

S Korea fines Google mn for squeezing local rival in mobile app market. Google tried to block Korean platform rival One Store Co.'s growth, Korea's Fair Trade Commission said in an e-mailed statement Tuesday

Assotech Realty expects Rs 120 cr rental income from Noida project. Assotech Realty is expecting to generate around Rs 120 crore rental income from its 20 lakh square feet commercial project in Noida, amid rise in demand for premium office space. The 14-acre commercial project was started in 2013 and was completed in 2022-

Mobility has kickstarted ONDC; can Pincode now drive it to new addresses?. Grocery, food currently dominate e-comm transactions; beauty, fashion could add traction

IRB Infra March toll collection revenue grows by 20% to Rs 370 cr. IRB Infrastructure Developers has reported a 20.64 per cent rise in revenues from its toll collection business at Rs 369.9 crore in March 2023. During the same month last year, "the toll revenue from the subsidiaries and joint venture entities of the compa

Why free IPL on Jio vs paid on Disney? Airtel seeks Trai intervention. The free telecast of IPL matches by Reliance on JioCinema is the reason behind this move by Airtel

Cost inflation index for LTCG tax stands 5.13% higher in FY24 YoY. Long-term capital gains tax kicks in for listed equities if the holding period is one year, while it is two years for non-financial assets such as real estate

Mercedes-Benz's India sales jump 36% in FY23; female customer base doubles. The company is assigning dedicated key account managers for 8,000 TEV customers. He said more TEV customers will be assigned such managers

Beauty major VLCC appoints Vikas Gupta as CEO with immediate effect. Prior to joining VLCC, Gupta was the CEO of SuperStore by Nykaa. Before that he was the chief customer and marketing officer for Flipkart between 2019-21

IndiGo flies higher even as SpiceJet sputters into a loss in Q4: Brokerages. Domestic traffic in Jan-March in the aviation sector is likely to have grown 5-6% sequentially, 50% YoY. Traffic has crossed pre-Covid level and has sustained in Q4

Delphi-TVS Technologies JV to take up capex worth 450 cr at Chennai plant. Delphi-TVS Technologies, a joint venture between diversified conglomerate TVS Group and auto-component major BorgWarner, has lined up investments worth about Rs 450 crore over the next three years to take up capital expansion plan at its manufacturing faci

Billionaire Shapoor Mistry's SP group weighs billion asset sales: Report. The company is working with an adviser to seek buyer for its holdings in Afcons Infrastructure Ltd., a Mumbai-based infrastructure construction company, the people said

Small biz focused Ugro Capital to raise Rs 340 cr in equity capital. Small businesses focused fintech Ugro Capital on Tuesday said it will raise Rs 340 crore in equity capital through a preferential allotment and qualified institutional placement. The company said its board approved Rs 240 crore worth of shares to IFU (Inve

Three quit Samsung India's public policy team in a week, says Report. Binu George, who looked at corporate affairs and strategy, Surabhi Pant who worked on policy and public affairs, and Nikhil Kaura from the same team quit last week, two sources said

Google slapped with mn fine for unfair practices in Korean app market. The punishment came as Google made shady agreements with South Korean mobile game companies between June 2016 and April 2018, banning them from releasing their content on One Store

Indian startups move court to stop Google's new in-app billing system. The Alliance of Digital India Foundation (ADIF) last month asked India's antitrust regulator to investigate Google for devising a new system startups say still charges them a high service fee

All you need to know about Amul vs Nandini battle in poll-bound Karnataka. As the Amul vs Nandini battle heats up in poll-bound Karnataka, at the heart of a seemingly corporate war is the Kannadiga pride and the rural economy dependent on the home-grown brand and the ruling BJP may have to do a tightrope walking to steer clear of

Flipkart's 200 delivery hubs, investments in TN boost job opportunities. E-commerce company Flipkart has set up eight supply chain facilities and 200 delivery hubs in Tamil Nadu under its initiative towards creating inclusive job opportunities besides boosting economic growth, the company said on Tuesday. The company has onboar

Hyundai planning to invest .2 billion in EV production by 2030. Hyundai Motor Group said on Tuesday it will invest 24 trillion won (.2 billion) in its domestic electric vehicle (EV) production facilities and other EV projects by 2030

Mercedes-Benz India posts record sales at 4,697 units in March quarter. German luxury car maker Mercedes-Benz on Tuesday reported record sales in India at 4,697 units during the first quarter of 2023, a 17 per cent growth over the year-ago period, with its top end vehicles priced above Rs 1 crore seeing accelerated growth. Mer

Google rolls out app auto-archive tool to free 60% space on Android devices. Google has rolled out its much-awaited auto-archive feature on Android devices which will reduce storage taken by apps which are not frequently in use by nearly 60 per cent

Moderna to keep testing flu shot after initial failures, shares down 8%. The company said, ahead of its annual vaccines conference, that it will continue testing the flu shot for efficacy

Prime Video to expand Indian catalogue, signs deal with Paramount Global. The new content will be available to Indian viewers as part of their general subscription, without any extra cost

Milky way: Beyond Amul vs Nandini, dairy brands that dominate their states. The Amul-Nandini controversy has been making headlines for the past few days but there are several regional dairy players in the country that have firm control on the market in their respective states

Kalpataru Power, its arms bag orders worth Rs 3,079 cr in March- April 2023. Kalpataru Power Transmission Ltd (KPTL) and its arms have bagged orders worth Rs 3,079 crore in March and April so far this year. The orders include civil works for a data centre and buildings of Rs 1,234 crore, an EPC (engineering procurement construction

Facilitated around 2300 EV charging points in Delhi, 900 more coming: BSES. BSES discoms BRPL and BYPL have facilitated the installation of around 2300 charging points in Delhi for electric vehicles (EVs) and are in the process to set up 900 more in the coming months, company's officials said on Tuesday. The 2300 charging points i

Lightspeed backs workspace startup 'OfficeBanao' with mn in funding. The firm transforms the entire office development experience using technology with an end-to-end solution across stages of design, procurement, and execution

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NSE share market NEWS tomorrow (12 April, 2023). NSE stocks in NEWS (tomorrow)

 

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