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NSE share market NEWS tomorrow (27 March, 2023). NSE stocks in NEWS (tomorrow)

NSE share market NEWS tomorrow (27 March, 2023). NSE stocks in NEWS (tomorrow) These are NSE stocks which will be in NEWS tomorrow as on 27 March 2023

Biocon was amongst the top gainers, currently trading at 206.65 in NSE with 1.676 times change in volumes and 4.001% change in price. Other gainers included Uno Minda with 3.644% price change and 0.89 times volumes, Glenmark Pharmaceuticals with 3.206% price change and 1.509 times volumes, Lupin with 2.93% price change and 5.493 times volumes, and Phoenix Mills with 2.75% price change and 3.205 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.

Indian Energy was amongst the top losers, currently trading at 134.15 in NSE with 2.066 times change in volumes and -6.156% change in price. Other losers included Pnb Housing with -5.698% price change and 1.988 times volumes, Abb Power with -5.608% price change and 4.099 times volumes, Himachal Futuristic with -5.592% price change and 2.118 times volumes, and Kfin Technologies with -4.811% price change and 1.528 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.

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

RIL names V Srikanth as new CFO; Alok Agarwal as Senior Advisor to Chairman. V Srikanth (joint CFO since 2011) has been sharing a part of the responsibilities of the CFO position with Alok Agarwal for the last few years

India aspires to take technical textiles market to bn in 4-5 yrs: Goyal. Union Minister Piyush Goyal on Friday said India aspires to take its technical textiles market to USD 40 billion in the next 4-5 years from USD 22 billion at present. In a virtual address at a conference on geo textiles, the Textiles Minister also expresse

Private equity firm TPG sells 7.6% stake in Campus Activewear for Rs 806 cr. Private equity firm TPG on Friday divested a 7.6 per cent stake in sports and athleisure footwear company Campus Activewear for Rs 806 crore through an open market transaction. TPG through its affiliate TPG Growth III SF Pte offloaded the shares in Campus

DMRC seeks review of HC order on plea by DAMEPL in arbitral award case. The Delhi Metro Rail Corporation on Thursday told the Delhi High Court that attachment of its statutory expenses will result in immediate stoppage of the entire Metro network in the national capital

New Starbucks CEO Laxman Narasimhan plans to work in stores once a month. Starbucks' new CEO Laxman Narasimhan says he plans to work a half-day shift once a month in one of the company's stores in an effort to stay close to its culture and customers. Narasimhan, who took the reins as CEO earlier this week, said in a letter to St

Nearly half of startups in Uttar Pradesh are headed by women: Govt. Akshay Tripathi, special secretary, IT and Electronics, said that out of 8,714 registered startups in the state, 4305 are run by women entrepreneurs

Ambani adopts familiar playbook in India cola battle vs Coke, Pepsi. A person with direct knowledge of Reliance's plan said it aims to open some factories of its own or as joint ventures to make Campa, and take the soda to hotels, restaurants and in-flight sales

Tata Motors goes even greener: To launch exclusive showrooms for EVs. At the outset, the company intends to open ten stores in the top ten Tier-2 cities

Edtech major BYJU's, Aakash deny merger talks with rival Unacademy. Edtech major BYJU's on Friday denied reports that it is considering a merger of rival Gaurav Munjal-run Unacademy into Aakash Educational Services

LIC plans investment exposure caps post Adani share rout: Reports. After the Adani group lost over 0 billion in valuation post scathing allegations by U.S.-based Hindenburg Research, state-run LIC was criticized for having over billion exposure

'Panic, anxiety' among India's IT professionals after Accenture layoff news. India's IT professionals are writing about their worries on a community app after international firm Accenture said on Thursday it will lay off 19,000 employees globally

Bajaj Finance, Cathay Financial weighing CBA Indonesia bids: Reports. The Indian and Taiwanese companies have had talks with advisers about potential offers for PT Bank Commonwealth, the people said

Xiaomi India joins United Way India to upskill transgender community. Leading smartphone and smart TV brand Xiaomi India on Friday announced a collaboration with the United Way India to upskill the transgender community in the country.

Airtel India adds 235 cities to 5G network, service available in 500. Network will spread to all of urban India by Sept 2023, says company

Power Grid Corporation board okays raising Rs 600 crore via bonds. State-owned Power Grid Corporation's board has approved rasing up to Rs 600 crore through bonds to be issued on private placement basis. "Committee of directors for bonds, in their meeting held today i.e. on 24th March, 2023, have approved the raising of u

Indian handset makers struggle to meet PLI targets; Apple leads the game. Lava International, Bhagwati (Micromax), and local contract manufacturer Optiemus have so far been unable to meet the targets

Apple Inc supplier Pegatron in talks to open second India factory: Reports. Pegatron plans to add a second facility near the southern city of Chennai in Tamil Nadu state, just six months after opening the first with an investment of 0 million

Zydus Lifesciences gets US health regulator's nod for its generic medicine. Zydus Lifesciences Ltd on Friday said it has received final approval from the US health regulator for its generic doxepin hydrochloride capsules used in the treatment of depression and anxiety. The approval granted by the US Food and Drug Administration (U

Walmart laying off hundreds of employees to better prepare for future. Retail giant Walmart is laying off hundreds of employees at its e-commerce facilities across the US as part of an adjustment in staffing "to better prepare for the future needs of customers"

Windfall Tax: Vedanta cuts mn from govt's gains to make up for tax paid. In signs of protests against the 9-month-old windfall tax, mining mogul Anil Agarwal's Vedanta Ltd has withheld about USD 91 million from the share of profit due to government from its oil and gas fields, to make up for the additional tax outgo, according

Five senior executives leave Nykaa; company calls it business as usual. Nykaa rivals conglomerates such as Tata and Reliance both of which have interests in the beauty products industry

Motovolt acquires stakes worth 1 mn euros in German company eROCKIT AG. Electric mobility startup Motovolt on Friday said it has acquired an undisclosed stake in German electric two-wheeler maker eROCKIT AG for 1 million euros (nearly Rs 9 crore). The company plans to further invest around 10 million euros (nearly Rs 90 crore)

SWELECT Energy launches solar module manufacturing unit in Tamil Nadu. SWELECT Energy Systems Ltd, formerly Numeric Power Systems, engaged in production of solar photo-voltaic module has launched its solar module manufacturing unit in Tamil Nadu, the company said on Friday. With the launch of the new facility at Sarkarsamakul

Leading media house, Viacom 18 secures exclusive MotoGP rights for India. India's historic debut on the MotoGP calendar in September this year will be exclusively live-streamed on JioCinema and Sports18 after Viacom 18 secured the telecast rights for the country. Viacom18's coverage will tip off with the Grand Premio de Portugal

LG Energy to invest .5 bn to build standalone battery plants in US. LGES, the world's second-largest battery maker after China's CATL, had withdrawn the plan a few months later, citing a spike in costs amid runaway global inflation

Aether Industries to set up new unit in Gujarat with Rs 1,000 cr investment. Specialty chemicals company Aether Industries on Thursday said it has signed an initial pact with the Gujarat government to set up new manufacturing plants at its Panoli Site with an investment of around Rs 1,000 crore. The company has signed a Memorandum

Realme to appoint new India biz head from China, Madhav Sheth may quit. According to sources, realme is set to make the India announcement as soon as possible, as the domestic smartphone market goes through a churning

Accenture to cut 19,000 jobs as IT spending slows; India impact unclear. IT services firm announces 'departure of 19,000 people' to save costs and streamline functions

Ford's electric vehicle unit loses bn, should be seen as startup. Ford Motor Co.'s electric vehicle business has lost USD 3 billion before taxes during the past two years and will lose a similar amount this year as the company invests heavily in the new technology. The figures were released on Thursday as Ford rolled out

Reliance Jio launches cricket plans for Indian Premier League 2023. The cricket plan offer will be available for consumers from 24 March 2023

Investments in Adani entities comply with Indian laws: TotalEnergies. That represented a significant capital gain from the end of 2022, when such investments stood at .1 billion, TotalEnergies said in a statement

BYJU's set to close 0 mn funding round soon at flat valuation. At a group level, BYJU's had said its top priority is to achieve "overall profitability by March 2023"

Shriram Life aims to double rural presence by 2025 using digital campaign. Company uses various digital channels for agents and customers to access life insurance products and services

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NSE share market NEWS tomorrow (27 March, 2023). NSE stocks in NEWS (tomorrow)

 

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