NSE share market NEWS tomorrow (11 April, 2023). NSE stocks in NEWS (tomorrow)
NSE share market NEWS tomorrow (11 April, 2023). NSE stocks in NEWS (tomorrow) These are NSE stocks which will be in NEWS tomorrow as on 11 April 2023
Adani Green was amongst the top gainers, currently trading at 944.10 in NSE with 0.615 times change in volumes and 4.999% change in price. Other gainers included Kotak Mahindra with 4.957% price change and 7.416 times volumes, Torrent Power with 4.837% price change and 0.13 times volumes, Kpit Technologies with 4.645% price change and 0.709 times volumes, and Jsw Steel with 3.646% price change and 6.794 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.
Abb India was amongst the top losers, currently trading at 3277.45 in NSE with 2.551 times change in volumes and -3.538% change in price. Other losers included Multi Commodity with -3.362% price change and 1.83 times volumes, Macrotech Developers with -3.14% price change and 1.184 times volumes, Jsw Energy with -2.674% price change and 1.481 times volumes, and Iifl Holdings with -2.413% price change and 1.144 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.
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
Indian Hotels well poised to achieve vision of 300 hotels by 2025. India's largest hospitality company Indian Hotels Company Ltd on Monday said it is well poised to achieve its vision of 300 hotels by 2025, from the current portfolio of 260 hotels. Indian Hotels Company Ltd (IHCL) said it accelerated portfolio expansion i
Govt kickstarts IREDA 's IPO process, scouts for merchant bankers. The government is planning to come out with an initial share sale offer for up to 25 per cent stake in Indian Renewable Energy Development Agency (IREDA) and is looking for merchant bankers to manage the process. The Department of Investment and Public Ass
JSW Steel Q4 consolidated crude steel output rises 13% to 6.58 MT. JSW Steel on Monday posted a 13 per cent growth in its consolidated crude steel production at 6.58 million tonne (MT) during the fourth quarter of FY23. The company had produced 5.81 MT crude steel from operations in India and the US in the year-ago period
Adani Electricity Mumbai tops on governance among power firms in India. UP, Bihar, Telangana continue to be laggards
Temasek to buy additional 41% stake in Manipal Health for Rs 16,300 cr. Singapore's sovereign wealth fund Temasek will buy an additional 41 per cent stake in Manipal Health Enterprises for more than Rs 16,300 crore (USD 2 billion), taking its total shareholding to 59 per cent in one of the country's largest hospital chains. T
Alliance Air pilots on strike over pay, nearly half its flights cancelled. Airline says no notice served, so management has taken a serious view; pilots want salaries pruned during Covid to be restored to pre-pandemic levels
Bike maker Triumph transfers its India sales, marketing ops to Bajaj Auto. Bajaj Auto Ltd and British bike maker Triumph Motorcycles on Monday said they have completed transfer of the latter's India sales and marketing operations to the Indian firm. The two companies would also be launching a jointly developed mid-sized range of
Sterlite Copper gets SC go-ahead for Thoothukudi plant maintenance. The permission was to the Anil Agarwal-led Vedanta firm on the basis of the High-Powered Expert Committee report and the recommendation of the TN govt
Funding in Indian startups dips 75% in Q1 2023, no new unicorn in 3 months. Indian startups raised a total of .8 billion in funds in the first quarter of 2023, a massive 75 per cent lower compared to the same period in the previous year (.9 billion)
5G speed to reduce to half if less spectrum allotted in 6GHz band: COAI. India must allocate more spectrum in mid-band like 6GHz for a seamless 5G mobile service in the country, else 5G download speed would be reduced to 50 per cent
Cipla inks licensing pact with Novartis to manufacture, mkt diabetes drug. Drug major Cipla on Monday said it has inked a licensing pact with Novartis Pharma AG to manufacture and market Galvus range, used in the treatment of type 2 diabetes, from January 1, 2026. The Mumbai-based company has signed a perpetual license agreement
At 19%, BoB's loans grew faster than overall banking system in FY23. The lender's deposit growth at 15.1% YoY was also higher than the banking average
Reliance Cap second auction postponed again; new date to be decided soon. Lenders of debt-ridden Reliance Capital (RCap) have postponed again the second auction proposed to be held on Tuesday, sources said. However, no new date has been decided yet, sources said, adding, it may be finalised in a week or two. Last week, lenders p
Torrent Power makes lowest bid for Indian power supply contract: Reports. Torrent Power quoted 13.70 rupees per unit price to supply 770 megawatts each for 45 days in April and May from two of its gas-based projects in the western state of Gujarat
Results preview: India Inc likely to report highly profitable Q4. Nifty50 firms may show 15.6% earnings growth, say brokerages; revenue growth to disappoint
Retail loan securitisation sees a jump of 56% to Rs 1.76 trillion in FY23. Retail loan securitisations jumped a robust 56 per cent to Rs 1.76 lakh crore in the just concluded fiscal 2023, while that of wholesale rose to around Rs 6,600 crore, coming out of the pandemic blues finally, says a report. The secondary market for standa
Telcos seek allocation of entire 6 Ghz band spectrum for 5G, 6G services. The government should earmark the entire spectrum available in the medium frequency range of 6 gigahertz band for mobile telephony so as to enable them to deliver high-speed data services in the range of 50-100 mbps, telecom industry body COAI said in a le
Tata Group set to takeover of Wistron's iPhone plant in Bengaluru. India set to get its first homegrown production line for Apple products as Tata Group completes takeover in April
Apple signs lease for 116,000 sq ft space in Bengaluru for Rs 2.44 cr/month. Apple has also made it a part of the contract that no other competitor including Alphabet, Microsoft, Samsung, Xiaomi, Amazon, Huawei, Netflix, and Facebook, be provided space in the building
Singapore's Temasek buys 41% stake in Manipal Health for billion: Report. Manipal currently serves over 5 million patients a year through its 29 hospitals in 16 cities with 4,000 doctors, according to a statement issued jointly by the investors
Godrej Properties logs record sales booking of Rs 12,232 cr in FY23, up 56%. Godrej Properties on Monday said its sales booking rose 56 per cent last fiscal year to an all-time high of Rs 12,232 crore on strong demand for residential properties. In a regulatory filing, Godrej Properties informed that the company achieved its highes
Jio Platforms gets Rs 350 crore deal to run NIC's cloud services for 5 yrs. Jio has been selected to enhance NIC's national cloud services and will be deployed at the National Data Centre in Delhi, Pune and Bhubaneswar
Apple's PC shipments fall 40%, steepest among major computers makers. The slowdown in consumer spending over the past year has led to double-digit declines in smartphone shipments and an accumulating glut among the world's foremost memory chip suppliers
JSW One Platforms raises Rs 205 cr from Mitsui at Rs 2,750 cr valuation. Sajjan Jindal-led JSW Group's business-to-business e-Commerce arm on Monday announced a Rs 205 crore fund raise from Japan's Mitsui & Co. The Series A funding, which is also the maiden capital raise from an institutional investor by JSW One Platforms, has
As Future Retail bankruptcy crawls, Adani and Reliance among bidders. Other names in list of prospective resolution applicants include Jindal Power, WH Smith Travel Ltd
L&T, Afcons, JSW eye Great Nicobar project despite environmental hurdles. The National Green Tribunal (NGT) stayed the Rs 72,000 crore Great Nicobar Development Plan, which includes the project for building a trans-shipment hub
JSW One Platforms raises Rs 205 cr in funding from Japan's Mitsui. E-commerce venture of US Group will use the financing to expand business and improve technology
Registrar of Companies to crack down on law violators with new reforms. Registrar of Companies expect to conduct a more detailed analysis of transactions involving companies that draw attention due to certain regulatory concerns
Google to HP: Apple's Mumbai store zone to be a no-go area for 22 brands. Apple has placed a similar clause in its lease for 116,000 sq ft space in Bengaluru
US tech firm Eventbrite to hire 120 for its development centre in India. Eventbrite will host a virtual career fair on April 14, hiring for roles across engineering, data, product management, product design and program management
US-based firm Pear Therapeutics files for bankruptcy, lays off workers. US-based firm Pear Therapeutics has filed for Chapter 11 bankruptcy as it struggled to get insurers to pay for its technology and laid off 92 per cent of its workforce
Torrent Power makes lowest bid for power supply contract, says report. "The government is likely to award contracts for 1,100-megawatts to Torrent Power," the report said
MG Motor ties up with gamer to design Comet EV for tech-savvy GenZ group. The EV is set to be unveiled in India on April 19; likely priceL Rs 10-15 lakh, ex-showroom
RINL aims to make 55,000 wheels in FY24 to meet Railways' demand: CMD Bhatt. State-owned steel maker RINL is aiming to produce 55,000 wheels in the current financial year to meet the demand from Indian Railways, its CMD Atul Bhatt said. Visakhapatnam-based Rashtriya Ispat Nigam Ltd (RINL) has set up a forged wheel plant at Lalganj,
Reliance, Jindal Power among 49 companies to submit EoIs for Future Retail. As many as 49 players including Reliance Retail, Jindal Power Ltd and Adani group have submitted Expression of Interest (EoI) for acquiring the assets of debt-ridden Future Retail, which is currently going through insolvency resolution process. Reliance Re
VCs focusing more on due diligence amid startup funding slowdown: Report. According to data by Venture Intelligence, the aggregate venture funding fell from .34 billion between January and March 2022 to .19 billion in the same period this year
.6 bn stake sale money came in group firms: Adani counters Rahul Gandhi. Billionaire Gautam Adani's group on Monday listed out details of the USD 2.87 billion stake sales in group firms since 2019 and how USD 2.55 billion of this was ploughed back into business, as it looked to counter Congress leader Rahul Gandhi's claim of Rs
JSW One raises Rs 205 cr from Japan's Mistui at Rs 2,750 cr valuation. B2B e-commerce firm of JSW Group will use the financing to expansion business
Cold chain startup Celcius raises Rs 100 crore from IvyCap, others. The company aims to use the funds for tech innovations to solve the fragmented nature of the cold supply chain and reduce wastage of perishables
Tata insurance arm, others to provide -billion cover to Air India. The airline will be paying a premium of million (Rs 246 crore) for the financial year beginning April 1 - same as the previous financial year
Maruti eyes doubling SUV sales in FY24; aims top position with 25% share. The country's largest car maker Maruti Suzuki India aims to more than double its SUV sales this year and take the leadership position in the fast-growing segment with a market share of over 25 per cent, according to a senior company official. The auto majo
Unfazed by competition from RIL, expect broad-based growth in FY24: GCPL. Godrej Consumer Products Ltd is unfazed by the prospect of competition from Reliance's entry into the FMCG sector, having seen multiple disruptions, including the high-profile entry of Baba Ramdev's Patanjali, according to a top company official. The compa
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