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NSE share market NEWS tomorrow (29 March, 2023). NSE stocks in NEWS (tomorrow)

NSE share market NEWS tomorrow (29 March, 2023). NSE stocks in NEWS (tomorrow) These are NSE stocks which will be in NEWS tomorrow as on 29 March 2023

National Buildings was amongst the top gainers, currently trading at 35.25 in NSE with 4.341 times change in volumes and 13.344% change in price. Other gainers included Suzlon Energy with 12.766% price change and 2.394 times volumes, Macrotech Developers with 9.976% price change and 1.629 times volumes, Adani Enterprises with 8.717% price change and 1.146 times volumes, and Union Bank with 7.792% price change and 1.549 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.

Hindustan Zinc was amongst the top losers, currently trading at 299.00 in NSE with 1.404 times change in volumes and -9.063% change in price. Other losers included Adani Green with -4.414% price change and 8.417 times volumes, Marico with -1.471% price change and 1.044 times volumes, Indus Towers with -1.181% price change and 1.267 times volumes, and Dixon Techno with -1.034% price change and 1.401 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.

Funding for Healthtech companies falls 55% to .4 bn in 2022: Tracxn. Drop is mostly due to a 75% dip in late-stage investments, from .4 billion in 2021 to 6 million in 2022

Regressive changes in service condition by Air India, says pilots' bodies. Pilots' bodies at Tata Group-owned Air India have accused the airline management of making unilaterally "rapid" and "regressive" changes in the service conditions of pilots. In a letter to Air India Chief Human Resources Officer Suresh Dutt Tripathi on Tue

Tata wins Airbus order to manufacture cargo doors for A320neo family planes. Tata Advanced Systems will produce these doors at a new unit in Hyderabad using cutting-edge robotics, automation technology. Each shipset will include two cargo doors and one bulk cargo door

Airbus mandates Tata Advanced Systems to make cargo doors of A320neo. European aviation major Airbus said on Wednesday it has mandated Tata Advanced Systems to manufacture cargo and bulk cargo doors of the A320neo aircraft family. TASL will produce these doors at a new facility in Hyderabad, using cutting-edge robotics and a

Google gets relief on four key CCI directives, but Rs 1,338-cr fine stays. NCLAT upholds competition watchdog's observation that Google misused dominant position in Android ecosystem

JSW Energy acquires 1,753 MW green assets of MEIPL for over Rs 10,000 crore. JSW Energy on Wednesday said it has completed the acquisition of 1,753 MW of renewable energy assets from Mytrah Energy (India) Private Limited (MEIPL) for over Rs 10,000 crore. "The transaction values the Mytrah Energy portfolio at an enterprise valuation

10 cr investors of 4 Sahara group's cooperative societies to get back money. The government on Wednesday said money will be returned to 10 crore investors of 4 cooperative societies of Sahara group within 9 months following a Supreme Court order directing transfer of Rs 5,000 crore from Sahara-SEBI refund account to the Central Reg

The Souled Store raises Rs 135 cr from Xponentia, mulls IPO in next 3-4 yrs. The firm will use the fresh capital to expand into new product categories and launch over 100 stores pan India within the next 2 years

Eye on growth post-pandemic, ITC to invest Rs 3,000 crore annually in India. The fast-moving consumer goods (FMCG) company will use the money to build more manufacturing capabilities

CRISIL revises outlook on Vedanta's loans from 'stable' to 'negative'. The change reflects the possibility of higher-than-expected financial leverage and lower financial flexibility with reducing ratio of cash surplus to one-year maturities for FY23 and FY24

EV startup Lucid to lay off around 1,300 employees in upcoming months. Electric vehicle (EV) startup Lucid announced that it is laying off around 1,300 of its employees or 18 per cent of its workforce, within the upcoming months

We have no exposure to troubled banks in the US: Blackstone-backed Mphasis. Says it has no business with or exposure to SVB, Signature Bank or Silvergate Capital as client or banker

GoMechanic Business acquired by a consortium led by Lifelong Group. This will provide some respite to debt venture firms Stride Ventures, which had over Rs 100 crore invested in the startup

Hindustan Zinc dividend record date today; company's shares in the red. Hindustan Zinc dividend: In FY23 so far, the company has announced a dividend worth Rs 75.5 per share, and out of this, Rs 49.5 per share have already been received by the shareholders

ZEEL, IndusInd Bank settle dispute paving way for Sony-Zee merger. On February 22, the Mumbai bench of the NCLT had admitted the bank's insolvency plea against ZEEL

Dedicated mfg unit, two launches in FY24 form part of HMSI's grand EV plan. Capacity of plant in Karnataka would be ramped up in phases to produce one million units by 2030

upGrad closes Rs 300 cr internal funding round from existing investors. Major investors in the rights include co-founder Ronnie Screwvala (Rs 212 cr) and Singapore-based Temasek (Rs 81 cr)

Goyal Aluminiums plans Rs 200 cr investment to set up EV plant in UP. Goyal Aluminiums has plans to invest Rs 200 crore to set up an electric vehicle (EV) manufacturing plant in Uttar Pradesh. The company has been allotted 4,000 square metre land from the Greater Noida Industrial Development Authority (GNIDA) for the project

NCLAT upholds Competition Commission's Rs 1,337 crore penalty on Google. The NCLAT bench comprising chairperson Justice Ashok Bhushan and member Alok Srivastava said that the CCI investigation was not in violation of the principles of natural justice

MakeMyTrip to grow franchise base by over 50% this year to expand reach. Online travel services provider, MakeMyTrip on Wednesday said it plans to grow its franchise base by over 50 per cent this year to expand its reach in smaller cities and towns across India. The company is seeking to tap into the opportunities provided by t

South Indian Bank to name new CEO by May as Ramakrishnan announces exit. Search committee considering internal and external options for selecting new chief of Thrissur-based lender

McKinsey to kickstart layoffs this week, 1,400 jobs cuts likely: Bloomberg. Overall layoffs will amount to 3% of the workforce. According to Bloomberg, the company's workforce has risen to nearly 47,000 from 28,000 in the past five years. It was around 17,000 in 2012

Nestle India dividend 2023: FMCG giant to consider dividend pay on April 12. Nestle India said that the company's unaudited financial results for the first quarter ending March 31 would also be considered at the Board of Directors meeting

magicpin becomes largest restaurant aggregator on ONDC with 22,000 outlets. Plans to add 5,000 more restaurants to its network in three months; Besides tech integration on ONDC, the firm will also be fulfilling all backend logistics related to ordering and delivery

TVS Emerald, HDFC Capital to create Rs 1000 cr platform for real estate. Agreement to assist setting up plotted development projects in Chennai and Bengaluru

Google relieved after partial victory in Android antitrust case in India. The Competition Commission of India (CCI) said in October that Google had exploited its dominant position in Android and told it to remove restrictions imposed on device makers

Programming platform CodeChef hives off from Unacademy amid funding crunch. Firm will now function as an independent unit run by its current team; Unacademy will, however, hold 30% in it as an investor, has also infused some capital to help it run for next 12-18 months

Insurance Samadhan, Ola unit announce collaboration for customer solutions. Partnership will involve grievance services like mis-selling, claim rejection, delay, and short settlement

Fitch says, two Adani entities facing 'heightened contagion risks'. (Reuters) -Ratings agency Fitch said two Adani Group subsidiaries were exposed to "heightened contagion risks", possibly affecting their financial flexibility

Vedanta board approves Rs 7,621 crore of interim dividend for FY23. Vedanta Ltd on Tuesday said its board has approved an interim dividend of Rs 7,621 crore for the current financial year. The company has fixed April 7 as record date for the purpose of dividend payment. "The Board of Directors at a meeting held on Tuesday,

First Solar, Reliance, Avaada Group among winners of .4 bn green aid. The 39.6 gigawatts of manufacturing capacity is expected to require investment of 930.4 billion rupees, according to a government statement

Reliance, Tatas, nine others get Rs 14,000-crore solar PLI approval. In India, no company manufactures polysilicon, which is raw material in solar equipment manufacturing

Automaker SML Isuzu to raise prices to offset higher input costs. Chandigarh-based SML Isuzu also said its costs were rising due to fitting its buses with electronic stability control technology, which helps prevent losing control of a vehicle

Jindal Stainless to invest Rs 1,200 cr in nickel pig iron JV in Indonesia. JSL says it is the first strategic partnership by an Indian company for securing a stake in a nickel reserve abroad

US-based cloud computing firm Rackspace to lay off 4% of workforce. The company said that it will provide severance and other resources to those employees who are laid off, the report mentioned

Cracking the whip: 18 drug companies lose licence over spurious medicines. Move comes after Drugs Controller General of India conducts inspection on 76 drug firms in 20 states

Warburg sells 2.3% stake in Kalyan Jewellers, mops up Rs 257 crore. PE major's holding in the Thrissur-based gold retailer falls to 24.06% from 26.36%; Shares of Kalyan Jewellers dip 9.1% to end at Rs 107.9 on the NSE

Govt moves to end possibility of attachment of DMRC's assets in RInfra case. On March 17, the Delhi High Court handed down an order to ensure the payment of an arbitral award due for over five years

Vedanta announces 5th interim dividend; FY23 outflow Rs 37.7K crore. Dividend pay-out for the year at Rs 37,730 cr, the highest ever by the company

Tata Capital Financial Services, Tata Cleantech to merge with Tata Capital. The boards of TCFSL and TCCL have also accorded their approval

Hike in withholding tax rate: Indian arms of MNCs may not feel sharp pain. India's tax treaties with most major economies cap withholding tax on royalties and technical fee at 10%

Highdell Investment sells 2.26% stake in Kalyan Jewellers for Rs 256 cr. Highdell Investment, which is owned by private equity major Warburg Pincus, on Tuesday divested 2.26 per cent stake in Kalyan Jewellers India Ltd for little over Rs 256 crore through an open market transaction. Following the deal, shares of Kalyan Jeweller

Saj Food Products likely to touch a revenue of Rs 2,500 cr in FY24. Biscuit maker Saj Food Products, which is expecting to touch a revenue of Rs 2,500 crore in the 2023-24 fiscal, is eyeing at Rs 5,000 crore turnover in five years, a company official said on Tuesday. The Kolkata-headquartered company, which owns Bisk Farm'

Assets should ideally be churned within five yrs: Arcil's Pallav Mohapatra. In a Q&A, the MD & CEO of the firm dwells on its business model and the focus on retail assets to drive volume, going forward

Special Situations Fund: Kotak Mahindra Bank arm raises .25 billion. The overall targeted amount for the second fund, which will be domiciled in the GIFT City, is .6 billion

Signal strength: Reliance Jio wages price war in fixed-line broadband. The growth of the home broadband market in India has been constrained by the fact that only 10 per cent of the households are connected by fibre

Github lays 142 staff in India, including entire engineering team. Microsoft-owned GitHub has laid off 142 people in India, including the entire staff in its engineering division, people aware of the development said on Tuesday. Those affected by the decision were deployed across the company's offices in Bengaluru, Hydera

Telecom industry's financial health needs to improve: Bharti Ent V-C. He also asserted that while consumers are ready, "but somehow, as an industry, we have not been able to come to an understanding of increasing ARPUs so that this industry can be healthy"

Amid rising competition, Air India may reward talent with 8-10% salary hike. This is the first performance review of employees since the Tata Group took control of Air India

Vedanta dividend: Decision on fifth payout today; check all details here. Vedanta dividend 2023: The company has already given four interim dividends totalling Rs 81 so far in the current financial year

Apparel supply chain start-up Fashinza raises mn in business funding. B2B platform connects small and medium enterprises directly to fashion brands across the world

First Solar, Avaada among winners of India's .4 billion green stimulus. Avaada Group, backed by Thailand's oil and gas major PTT Pcl, was also awarded a grant, according to its chairman, Vineet Mittal

Fintech start-up Nimbbl raises .5 mn to improve market presence. Company says more than 4,000 merchants use its one-click payment checkout solution

Honda introduces new Activa125, compliant with latest BS-VI norms. Honda Motorcycle & Scooter India on Tuesday said it has launched latest version of its scooter Activa125 with upgraded engine priced at Rs 78,920 (ex-showroom, Delhi). The 2023 Activa125 now conforms to the stricter emission norms which will be effective f

Google 'repeatedly disobeying' CCI's orders on billing: Startup think tank. Accuses tech giant of charging an "exorbitant" commission without providing additional service, while India's entire payment industry is working on 1-5% service fees

Four in every five early-stage start-ups in India want to hire more in 2023. 15.79 per cent of these start-ups want to keep their headcount unchanged: FICCI - Randstad Start-up Hiring Trends Survey

80% of early-stage start-ups looking to expand workforce in 2023: Report. These enterprises, the study by Ficci and Randstad says, are well capitalised and have raised series A and B funding rounds

Alibaba splits into six units, plans new IPOs in historic overhaul. The move frees up the Chinese company's main divisions from e-commerce and media to the cloud to operate with far more autonomy, laying the foundation for future spinoffs and market debuts

Telecom industry's financial health needs to improve: Bharti Enterprises. The telecom industry's financial health needs to improve if India's dream of digital connectivity across the country has to be fulfilled, Bharti Enterprises Vice-Chairman Akhil Gupta said on Tuesday. Very poor return on capital is a big hindrance in teleco

AI Express, AirAsia India launch unified reservation system for passengers. Air India Express and AirAsia India have moved to a unified reservation system, whereby passengers can make bookings for both airlines through an integrated website. The move is part of the ongoing process of merging AirAsia India with Air India Express. T

Air India's low-cost subsidiaries move to single unified reservation system. The two carriers, Air India Express and AirAsia India, have also adopted a common social media and customer support channel; air operating permits and regulatory posts to be merged later

Ex-Flipkart exec-led Flash.co launches new shopping email ID to reduce spam. The firm has tied up with over 40 known brands to offer a variety of rewards, cashback, and flat discounts across multiple categories including fashion, lifestyle, consumer-tech and D2C

Mahindra firm, partner to set up mn sq ft warehouse park in Maharashtra. The facility will be part of an industrial corridor near that has become a major manufacturing cluster

Less need for capital or headwinds? OYO plans to cut IPO size by two-thirds. Agarwal projects 19% jump in FY23 revenue to Rs 5,700 crore

Mamaearth IPO in the works, engaged with regulators: CEO Varun Alagh. The firm's annual profit was Rs 14 crore the last year

All 10 Adani group firms end lower; Adani Power, Adani Transmission down 5%. All the ten listed firms of the Adani group ended the day in the negative territory on Monday, with Adani Power, Adani Transmission, Adani Wilmar and Adani Total Gas falling nearly 5 per cent each. Shares of Adani Power tanked 4.98 per cent, Adani Transmis

No mass layoffs are happening at company: Chief People Officer, Flipkart. Flipkart's decision to not offer hikes to senior management officials would not lead to any job cuts, said Krishna Raghavan, Chief People Officer, Flipkart

Gentari signs pact with Tata Motors for 5,000 e-commercial vehicles. Clean energy solutions provider Gentari on Monday said it has signed an agreement with Tata Motors for the delivery of 5,000 units of e-commercial vehicles. The memorandum of understanding (MoU) through its affiliate entity is for three years, Gentari said

Competition Commission clears proposed JM Baxi Ports deal with HAL. Competition Commission has cleared the proposed acquisition of certain shareholding of JM Baxi Ports and Logistics Ltd by Germany's HLAG. The acquisition would be done by HL Terminal Holding B.V., a wholly-owned subsidiary of Hapag Lloyd Aktiengesellschaft

Inox Air Products to set air separation unit at Hazira AMNS steel plant. INOX Air Products (INOXAP) on Monday said it will set an air separation unit -- a plant that separates oxygen and nitrogen from atmospheric gases -- at steel maker AMNS's plant located at Hazira in Gujarat. Producing oxygen is part of the overall steel mak

Adani's AMG Media acquires 49% in Quintillion Business Media for Rs 48 cr. Billionaire Gautam Adani's AMG Media Networks has acquired about a 49 per cent stake in Raghav Bahl-curated digital business news platform Quintillion Business Media Pvt Ltd for about Rs 48 crore. In a stock exchange filing, Adani Enterprises Ltd said its

IFC picks up green bonds worth million from Tata Cleantech Capital. Tata Cleantech Capital, the green funding arm of Tata Capital, on Monday said its equity partner International Finance Corporation has picked up its sustainability-linked bonds worth USD 50 million or about Rs 375 crore. The bonds are the first in the coun

Jio launches plan at Rs 198 per month for fixed broadband services. Stepping up the fight in fixed broadband segment, Jio on Monday introduced its entry level broadband plan at a price as low as Rs 198 per month. The plan, named Broadband Back-up plan, will come with top internet speed of 10 megabit per second. Earlier, th

Shree Cement to procure cow dung for green energy in Chhattisgarh. Shree Cement is the first company to purchase cow dung that the state government has been procuring under its scheme of the Godhan Nyay Yojana

NDTV appoints ex-Sebi chief UK Sinha, Welspun CEO as independent directors. Adani group-owned NDTV Ltd on Monday said it has appointed former Sebi Chairman Upendra Kumar Sinha and Welspun India Ltd CEO and MD Dipali Goenka as Independent Directors. The Board has approved the appointment of Sinha and Goenka with immediate effect, s

Paytm Wallet now universally acceptable on all UPI QRs, online merchants. Homegrown Paytm Payments Bank, the largest issuer of KYC wallets (prepaid instruments) with over 100 million users, on Monday announced that its full KYC wallet customers will be able to make payments

Aditya Birla Capital to sell insurance broking business to Edme Services. Financial Services firm Aditya Birla Capital on Monday said it has decided to sell its entire stake in Aditya Birla Insurance Brokers Limited (ABIBL) to Edme Services for an undisclosed amount. The proposed deal includes the sale of the entire 25,65,103 eq

CoC of Reliance Capital decides to hold a second auction on April 4. The decision to hold a second auction was decided on Monday in a formal meeting of the CoC

Reliance Capital lenders to go for 2nd auction on Apr 4 to maximise return. Lenders of debt-ridden Reliance Capital (RCAP) on Monday decided to go for a second auction on April 4 in their bid to maximise recovery as part of the resolution process, sources said. According to sources, IndusInd International Holdings Ltd (IIHL) of Hi

Larsen & Toubro arm bags new large orders in domestic, overseas markets. As per company's classification, orders ranging between Rs 2,500 crore and Rs 5,000 crore fall in the category of large orders

83% Asian SMEs say ESG is high priority but only 37% have roadmap. Singapore, March 27 (ANI): Last week, a report published by Bloomberg Media Studios in partnership with DBS, the largest bank in Southeast Asia, revealed that while 85 per cent of medium-sized and 75 per cent of small companies state that ESG (environmenta

Will make India our manufacturing hub, triple our exports by 2025: Daikin. In India, Daikin will begin a new plant in August, and it will manufacture air conditioners and compressors

Sun Pharmaceuticals to see drop in revenue owing to IT security incident. Indian drugmaker Sun Pharmaceutical Industries Ltd would see a revenue drop in a few of its businesses and incur some expenses due to an IT security incident that happened earlier this month

SUN Mobility to power 50k e two-wheelers of Zomato's fleet over next 2 yrs. Electric vehicles energy infrastructure and services provider SUN Mobility on Monday said it has entered into a partnership with online food delivery platform Zomato to power 50,000 electric two-wheelers of the latter's fleet over the next two years. Under

Mamaearth's parent puts IPO on hold amid weak market sentiment: Report. Backed by investors such as Sequoia Capital and Belgium's Sofina, Mamaearth is now in a "wait and watch mode"

Godrej Security sees Rs 1,200 cr revenue by 2025, bets on landmarks, BFSI. Company's systems used at Taj Mahal, Qutub Minar and by State Bank of India, Punjab National Bank

Chennai's Renaatus gets $ 29 mn contract expand Maldives airport. Project funded by Exim Bank of India, involves constructing an air traffic control tower, fire station and upgrading terminal

Mamaearth denies claims of IPO withdrawal, expects SEBI nod by next month. Earlier in the day, a report by Reuters said that the company has delayed its IPO due to unfavourable market conditions

OYO expects more than Rs 5,700 revenue in FY23, up by 19% from FY22. Hospitality and travel-tech firm OYO estimates its revenue in FY23 to be more than Rs 5,700 crore, up 19 per cent from Rs 4,780 crore it had recorded in FY22, according to its Founder & Group CEO Ritesh Agarwal. At a town hall on Monday, Agarwal told emplo

Apple's vendor planning to set up second factory, Pegatron explained. Pegatron is planning to set up its second factory near Chennai in Tamil Nadu. Pegatron opened its first plant only six months ago

IDFC First Bank partners Crunchfish to demonstrate offline retail payments. IDFC First Bank on Monday said it has partnered with Swedish company Crunchfish to pilot a project to demonstrate offline retail payments. IDFC First Bank, is set to be a part of RBI's pilot project to enable offline payments, the private sector lender sai

Wipro Consumer Care invests unknown sum in women's health startup Gynoveda. Founded in 2019 by a husband-wife duo and a gynaecologist, Gynoveda attempts to help women aged 14-45-years cure disorders such as infertility, PCOS, and irregular menstrual cycles

HR tech start-up InCruiter partners with Taggd to speed up hiring. Company's product helps in conducting interviews and selecting talent for IT and non-IT roles

SoftBank-backed Oyo Hotels to reduce planned IPO amid tech headwinds. It's the second attempt at an IPO by the SoftBank Group Corp.-backed startup, after India's stock market regulator raised multiple red flags on its earlier try in late 2021

HDFC board clears raising Rs 57,000 cr through non-convertible debentures. Mortgage lender HDFC Ltd on Monday said its board has approved raising funds through non-convertible debentures (NCDs) in tranches aggregating to Rs 57,000 crore. The board has cleared issuance of unsecured, redeemable, non-convertible debentures under a S

IT security incident to impact some of its businesses' revenues: Sun Pharma. Drug major Sun Pharma has said the IT security incident that happened earlier this month will impact revenues of some of its businesses. As part of the containment measures, the company proactively isolated its network and initiated the recovery process. "

Bullish on Indian market, continuing to invest via partners: Coca-Cola. Global beverages major The Coca-Cola Company is bullish on the Indian market and is continuing to invest in the country through its partners, the company's President and Chief Financial Officer John Murphy said on Monday. India's rapid progress in infrastr

Specialty scale-up, product mix: Sun's medicine cabinet piques brokerages. In the near term, higher R&D costs and a recent acquisition to weigh on earnings growth

Our financial dependence on broking is now far lower: ICICI Securities CEO. Retail investor behaviour so far has been mixed in terms of market activity. Indirect investment through mutual funds has improved significantly, said Vijay Chandok, MD & CEO, ICICI Securities

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NSE share market NEWS tomorrow (29 March, 2023). NSE stocks in NEWS (tomorrow)

 

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