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NSE share market NEWS tomorrow (28 March, 2023). NSE stocks in NEWS (tomorrow)

NSE share market NEWS tomorrow (28 March, 2023). NSE stocks in NEWS (tomorrow) These are NSE stocks which will be in NEWS tomorrow as on 28 March 2023

Torrent Power was amongst the top gainers, currently trading at 511.35 in NSE with 2.457 times change in volumes and 4.957% change in price. Other gainers included Manappuram Finance with 3.755% price change and 1.291 times volumes, Bank India with 3.621% price change and 1.077 times volumes, Pnb Housing with 3.555% price change and 0.926 times volumes, and Indian Bank with 3.451% price change and 1.795 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.

Kalyan Jewellers was amongst the top losers, currently trading at 107.15 in NSE with 10.318 times change in volumes and -9.692% change in price. Other losers included Adani Enterprises with -7.092% price change and 1.612 times volumes, Adani Ports with -5.675% price change and 3.533 times volumes, Bandhan Bank with -5.233% price change and 3.75 times volumes, and Adani Green with -5.001% price change and 0.138 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.

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

RCap lenders in a fix as Hindujas retract revised Rs 8,950-crore offer. The revised Hinduja stand has put Indian lenders, with an exposure of Rs 24,000 crore, in a spot as it was the Hindujas offer which led to a call for second auction and litigation by the other bidder

RevFin targets financing 2 million electric vehicles in next 5 years. Electric vehicles (EV) financing digital platform RevFin Services is targeting to finance 20 lakh vehicles in the next five years, with an aim to grow three to four times every year, according to its CEO & Founder Sameer Aggarwal. With the Indian electric

Rlys order for supply of seats for Vande Bharat, not for coaches: Tata. The order placed by the Railways is for the supply of seats and interior panels for Vande Bharat trains and "not to manufacture its coaches", a Tata Steel official has clarified. As part of the Rs 225 crore order, Tata Steel will supply light-weight seats

Zydus recalls over 55k bottles of generic drug used to treat gout in US. Drug firm Zydus Lifesciences is recalling over 55,000 bottles of generic medication in the US market due to failed impurities specifications. As per the latest enforcement report by the US Food and Drug Administration (USFDA), Zydus Pharmaceuticals (USA) I

From soft drinks to soaps, Ambani's Reliance unveils big price war plan. After stirring a price war in the soft drink segment with the relaunch of Campa, billionaire Mukesh Ambani-led Reliance has entered the personal and home care segment of FMCG, offering products at 30 to 35 per cent lesser price. Experts say "the jury is ou

Lexus India looks to expand customer base to de-risk biz; expand sales. Luxury carmaker Lexus is looking to expand its customer base in India, enhance sales infrastructure as part of its strategy to grow sales in the country which is expected to see the premium segment return to pre-Covid levels this year, according to a top c

Korean fund house Mirae Asset eyes Rs 1.5 trillion AUM by December. Mirae Asset Investment Managers India hopes to close the current year with an AUM of Rs 1.5 lakh crore, up from Rs 1.20 lakh crore in December 2022, on the back of aggressive growth in systematic investments plans and its forte of equity-linked funds. Mira

Akasa wants to be nimble, efficient rather than have a label: CEO Dube. Flying in the Indian skies for more than seven months now, Akasa Air wants to be nimble and efficient rather than have a label, which will sometimes pigeonhole the airline into doing and not doing certain things, according to its founder Vinay Dube. At the

Crompton Greaves Consumer Electricals announces merger with Butterfly. Crompton Greaves Consumer Electricals Ltd (CGCEL) and Butterfly Gandhimathi Appliances have announced a merger to accelerate and smoothen the realisation of synergies of the combined business. This will also simplify corporate and governance structure and

Technical issues at Lufthansa delay operations at Frankfurt airport. Lufthansa's operations were disrupted on Sunday at Frankfurt airport because of technical problems, German news agency dpa reported. Check-in systems on the airline's website and at the counter, as well as boarding, were affected at Germany's biggest airpo

OneWeb offering can match mobile services rates of west, not India: Mittal. Satellite communication service provider OneWeb is able to match mobile services rates of western countries but its prices can't be at par with the "extremely low" tariff in India, company's executive chairman Sunil Bharti Mittal said on Sunday. With the l

Paytm gets extension from RBI for resubmission of PA license application. RBI says firm can continue with its online payment aggregation business while it awaits Centre's nod for investments from its parent firm One97 Communication into Paytm Payments Services Ltd

Bharti-backed OneWeb's 36 satellites successfully launched from Sriharikota. This is OneWeb's 18th launch and third this year. With this its overall constellation count has gone up to 618 satellites

Billionaire mining tycoon Anil Agarwal fights to clear Vedanta's debt. Vedanta's quest to raise cash comes during a rocky time for India's business elite. Highly leveraged conglomerates are under increased scrutiny after a short seller accused Gautam Adani

Akasa Air launches two new flights from Lucknow to Goa, Ahmedabad. To offer seamless connectivity to the passengers flying out of Chaudhary Charan Singh International Airport (CCSIA) here, Akasa Air on Sunday launched two flights to Goa and Ahmedabad. With Akasa Air, the airport now has three airlines connecting Lucknow w

CoC stares at liquidation as IIHL, Torrent pause bidding for next round. Reliance Capital's lenders move to conduct a second round of auction is facing difficulties as the bidders are not said to be keen on another round under the insolvency resolution

Only 15% insolvency cases reach resolution during October-December 2022. In 56 cases, the resolution plan was rejected for non-compliance and in the remaining 16 cases, the debtor contravened provisions of the resolution plan

DGCA seeks details from Nepal authorities on AI, Nepal Airlines incident. Aviation regulator DGCA has sought details from the Nepal authorities regarding the incident of an Air India and a Nepal Airlines aircraft coming close to a mid-air collision, according to a senior official. On Friday morning, a Nepal Airlines plane coming

Our focus on satcom; leave Moon, Mars to others: Sunil Bharti Mittal. OneWeb launches its final 36 satellites, set to begin India ops in July-August

Etihad Airways resumes direct flights between Kolkata and Abu Dhabi. Etihad Airways resumed flight services between Kolkata and Abu Dhabi on Sunday after three years, a statement said. The airlines will operate two flights a day, four days a week -- Tuesday, Thursday, Friday and Sunday -- from Kolkata to Abu Dhabi, the Neta

TII, Premji Invest sign share purchase agreement to acquire Lotus Surgicals. TII will acquire 67 per cent, while Premji Invest will acquire the remaining 33 per cent

Torrent Investments unlikely to participate in 2nd auction for Reliance Cap. The only resolution done for a financial services company under special powers of RBI Section 227 was DHFL which was won by Piramal Group

Accenture: History of a Fortune500 firm that's laying off 2.5% of its staff. The world's largest consulting firm by head count in 2022 acquired its present name when it extricated itself from parent Arthur Andersen

Despite layoffs, Accenture Q2 outlook a relief for IT companies. Accenture's performance was evident among Indian IT stocks, which were up in the early hours of trading

Ford's upcoming electric pickup truck will drive itself, says CEO. Ford Motor Co. plans to make driver-assistance features central to the next electric F-Series pickup - so much so that you might be able to take a snooze at 60 miles per hour

CPPIB exploring buying out ReNew Energy shareholders, making firm pvt. Canada Pension Plan Investment Board is exploring buying the shares of ReNew Energy Global Plc that it doesn't already own and taking the Nasdaq-listed firm private

Maruti targets sales through Nexa outlets to overtake peer volumes. Maruti Suzuki India is targeting for its premium vehicles sold through the Nexa retail outlets to be more than the respective overall sales of Hyundai and Tata Motors by next year, according to Senior Executive Officer, Marketing and Sales, Shashank Srivas

CCI clears GMR Airports Infrastructure-Aeroports de Paris SA deal. Fair-trade regulator CCI on Friday said it has approved the proposed deal of GMR Airports Infrastructure and Aeroports de Paris SA (ADP) under the green channel route. The proposed combination involves ADP's proposed acquisition of and subscription to fore

Rittick Roy Burman to manage the overall Khadim India operations. Khadim India Ltd, the country's second-largest retail footwear brand, on Friday said its Whole-time Director Rittick Roy Burman will manage the overall operations of the company. The board of Khadim India has approved the revised leadership structure, said

Gevra coal mine in Chhattisgarh's Korba district makes history. While Gevra has been given a target of 52 mt, Kusmunda and Dipka plan to produce 45 mt and 38 mt, respectively, in FY23

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