NSE share market NEWS tomorrow (24 March, 2023). NSE stocks in NEWS (tomorrow)
NSE share market NEWS tomorrow (24 March, 2023). NSE stocks in NEWS (tomorrow) These are NSE stocks which will be in NEWS tomorrow as on 24 March 2023
Cyient was amongst the top gainers, currently trading at 1001.20 in NSE with 7.062 times change in volumes and 6.054% change in price. Other gainers included Adani Green with 4.784% price change and 11.039 times volumes, Aurobindo Pharma with 2.941% price change and 1.977 times volumes, Tube Invest with 2.879% price change and 1.417 times volumes, and Hindustan Aeronautics with 2.85% price change and 0.901 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.
Aditya Birla was amongst the top losers, currently trading at 144.05 in NSE with 2.875 times change in volumes and -6.552% change in price. Other losers included Jsw Energy with -4.537% price change and 1.399 times volumes, Bandhan Bank with -4.424% price change and 0.819 times volumes, Lic Housing with -4.355% price change and 2.928 times volumes, and Angel One with -4.226% price change and 1.393 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.
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
ITC working on short-term action to mitigate impact of a harsh summer. A team of experts is working using big data analytics. "We are piloting it on certain agri crop value chains," Puri said
Maruti to hike prices from April amid continued rise in input costs. This is Maruti's second price increase this year
DMRC review petition against Reliance Infra to be heard on March 29. The order said that if permission is given to DMRC it should deposit the entire amount payable along with interest within a month
L&T signs agreement with France's McPhy for electrolyser technology. Under this partnership, McPhy will grant an exclusive license of its pressurised alkaline electrolyser technology to L&T for manufacturing of electrolysers, including future product upgrades
Fitch Ratings affirms 'BBB-' rating on Adani Ports with stable outlook. Fitch Ratings on Thursday affirmed its 'BBB-' rating on Adani Ports and Special Economic Zone Limited with a stable outlook, saying the Hindenburg report has a limited near-term impact on APSEZ's cost of funding. Hindenburg Research in a January 24 report
Fight over control of Hikal: Hiremath, family move HC against Baba Kalyani. Hikal said it did not expect any financial implications arising due to compensation, penalty, etc, due to the suit
Jio's new 5G plans may impact Bharti Airtel's key metrics: JP Morgan. The launch of cheaper postpaid plans with unlimited 5G by Reliance's Jio has put rival Bharti Airtel on the back foot in the Indian market and may delay recovery in its key profit metric
Amazon's accelerator programme to support 50 Indian D2C startups. Amazon Global Selling Propel Startup Accelerator (Propel S3) is a key part of the e-commerce giant's commitment to enabling billion in e-commerce exports from India by 2025
Fintech firm Roofstock lays off 27% of staff in second round of job cuts. US-based financial technology company Roofstock has laid off about 27 per cent of its workforce in its second round of job cuts
Fitch Ratings affirms Adani Ports rating at 'BBB-'; outlook stable. Hindenburg report allegations have limited near term impact
Reliance Jio launches 3GB per day cricket plans ahead of IPL 2023. Priced at Rs. 219, Rs. 399, and Rs. 999, the three special cricket plans will have validities of 14 days, 28 days and 84 days respectively
Indian origin Anand Selva appointed chief operating officer of Citigroup. Heading consumer banking in India in 2011-2014
India's ONDC forays into the mobility segment; takes on Uber and Ola. Incorporated in December 2021, ONDC said its aims to create a facilitative model that revolutionises digital commerce, giving greater thrust to penetration of retail e-commerce in India
FRL insolvency: Creditors invite fresh bids, divide assets into 5 clusters. The creditors of Future Retail Ltd have now invited new expressions of interest where the prospective buyers can bid for the debt-ridden firm "as a going concern or individual cluster or a combination of clusters" of its assets as it failed to attract a re
Udaan plans to expand FMCG reach 6-fold to 10,000 small towns, villages. Riding on the opportunity in the cold beverages segment in rural areas, B2B e-commerce unicorn Udaan is planning to expand FMCG vertical reach six-fold to around 10,000 small towns and villages in a year, a senior company official said. The Lightspeed Vent
Mercedes-Benz plans to launch 4 electric vehicles in India in 8-12 months. Mercedes-Benz is the market leader in the luxury car market of India with about 44 per cent share
Mercedes-Benz plans to launch 4 EVs in next 8-12 months in India. German luxury carmaker Mercedes-Benz plans to launch four new electric vehicles in India in the next 8-12 months to accelerate its electric mobility drive, Mercedes-Benz AG Head of Region Overseas Matthias Luehrs said on Thursday. The company expects 25 pe
Go First penalised for violation, receives two-hour operation ban. Order will be in effect between 12-2 p.m on April 1
Adani Power sells Support Properties stake to AdaniConnex for Rs 1,556 cr. Adani Power on Thursday said it has sold a 100 per cent stake in Support Properties Private Ltd (SPPL) to AdaniConnex Private Ltd (ACX) at an enterprise value of Rs 1,556.5 crore. "Parties to the proposed transaction (for which a binding memorandum of unde
CCI approves ADIA's stake buy in Lenskart under green channel route. Fair-trade regulator Competition Commission of India (CCI) on Thursday said it has given approval under the green channel route to Abu Dhabi Investment Authority for acquiring a stake in Lenskart Solutions Pvt Ltd (LSPL). Under the green channel route, whe
FSIB recommends Siddhartha Mohanty for LIC chairperson's position. Mohanty is already serving as the interim chairperson of LIC
Vedanta board to meet next week to consider fifth interim dividend for FY23. Anil Agarwal-led Vedanta Ltd on Thursday said its board will next week consider and approve the fifth interim dividend for FY'23. The announcement comes days after Vedanta Resources which is a majority shareholder of Vedanta Ltd stating that it has enough
RailTel bags order worth Rs 34.91 cr for expansion of data centre in MP. Railtel Corporation of India Limited, a central public sector undertaking under the Ministry of Railways has bagged an order from the Madhya Pradesh State Electronics Development Corporation Ltd
NSE, BSE to put Adani Power under short term ASM again starting today. Leading bourses NSE and BSE on Wednesday said they will include Adani Power under the short-term additional surveillance measure (ASM) framework from Thursday. Adani Power is shortlisted in short-term ASM framework Stage-I effective March 23, according to
Anil Agarwal weighing Vedanta stake sale as last resort, says report. Agarwal is evaluating the possibility of divesting a less than 5% stake in the Mumbai-listed company, said the people, who asked not to be identified as the information is private
Bisleri deal dissolved; Tatas to make investments in their own brands. The Tata Group company announced on March 17 that negotiations regarding the potential acquisition of Ramesh Chauhan's Bisleri International had ceased
Glenmark gets USFDA nod for generic drug with 180-day exclusivity. Glenmark Pharmaceuticals on Thursday said it has received an approval from the US health regulator to market a generic medication to treat plaque psoriasis. The company has received final approval from the US Food & Drug Administration (USFDA) for Calcipot
Kapil Rathee elevated to the position of co-founder of Junglee Games. In 2017, Rathee was promoted to the position of Junglee's chief product officer (CPO) and then to the president in 2018
Logitech lays off 300 employees as computer accessories sales drop. Swiss technology firm Logitech has laid off 300 employees amid the challenging global macro-economic environment, the media reported on Thursday.
HAL disinvestment: offer for sale subscribed two-fold after slow start. Share sale firms up state-owned defence firm's chances of MSCI India inclusion
Most Indian professionals like to be in office, back hybrid work: LinkedIn. 'Desk bombing', 'loud leaving' and Thursday being the new Friday are new workplace trends, say report
ICRA upgrades outlook on infra finance firms to 'positive' from 'stable'. Rating agency cites sector's improved solvency profile, loan book growth and earnings
Maruti Suzuki to hike prices from April to offset inflation impact. Maruti Suzuki India on Thursday said it will increase prices of its model range in April to partially offset the impact of "overall inflation and regulatory requirements". The auto major, however, did not share the quantum of the price hike it intends to i
Vedanta denies talks of stake sale, calls them 'untrue', 'baseless'. Vedanta Ltd on Thursday termed any talks of sale in oil-to-metals conglomerate as "untrue and baseless." This comes in the wake of news report which said that mining mogul Anil Agarwal is contemplating a stake sale in Vedanta as a last-resort option and is
Sanjay Nayar has quit board of InCred Financial Services, company says. Executive played a role in expanding firm's credit and capital markets products in Asia-Pacific
Reveal HealthTech raises mn in seed funding from W Health Ventures. Reveal HealthTech provides technology services to healthcare companies through engineering, clinical, and strategic support
Infosys announces Kiran Mazumdar-Shaw's retirement from company's board. D Sundaram appointed lead independent director of IT services company
Reliance cable firms remove Star channels before IPL, to affect 20 million. According to broadcasting regulations, consumers have the right to request that their cable or DTH operators provide the channels they wish to watch
Tata Group planning to inject billion into its super-app Tata Neu. Tata Neu allows users to buy groceries and gadgets as well as reserve airplane tickets and restaurants from brands under Tata
Indian space startup Pixxel bags US contract for hyperspectral imagery. Bengaluru-based space startup Pixxel has bagged a five-year contract for supplying technical hyperspectral imagery to United States' National Reconnaissance Organization (NRO). The Virginia-based NRO also awarded six study contracts for commercial hyperspe
Stepping up its ambitions, Apple eyes English football streaming rights. Such a move would build on Apple's recent expansion into live sports in the US, where it forged a .5 billion 10-year deal with Major League Soccer to show games on its TV+ platform
Accenture to cut 19,000 jobs amid worsening global outlook, trims forecast. The company also trimmed its annual revenue growth and profit forecasts on Thursday, amid worries that recession-wary enterprises will cut technology budgets
India's e-comm mkt to grow from bn in 2022 to 5 bn in 2026: Report. UPI driving consumers away from cash and helping financial inclusion, it says
Coromandel preps for new businesses, plans to invest Rs 1,000 cr in 2 years. Agriculture solutions company will get into speciality and industrial chemicals
Now, a B2B platform trading in unlisted shares, ESOPs, AIF units for PE/VCs. System aims to bring all stakeholders under one roof to create a large pool of investors and deal makers; Intermediaries can do such deals faster and cheaper, using various tools almost free of cost
Spencer's Retail appoints Anuj Singh as CEO, MD for three-year term. Industry veteran has more than two decades of leadership experience in organisations in India, West Asia, Europe
Premium hotels revenue likely to surge 80% in fiscal year 2023-24: Report. Premium hotels are expected to log in strong growth across operating parameters, especially on the revenue side, which is expected to surge 80 per cent this fiscal and a further 15-20 per cent next, buoyed by the continued recovery across categories, as pe
Walmart Foundation to support 1 mn small farmers in India over next 5 yrs. Walmart Foundation on Wednesday announced its plan to support an additional 1 million smallholder farmers in India, with at least 50 per cent women, in the next five years. The foundation also announced two new grants, which include USD 3 million to Techno
World Bank arm IFC to invest Rs 600 cr in M&M's new last-mile mobility firm. Deal values newly incorporated company at Rs 6,020 cr; the investment, which will be in the form of compulsory convertible instruments, will give IFC an ownership of 9.97-13.64% in the enterprise
Intel GPU chief Raja Koduri quits to form own generative AI startup. Indian-American Raja Koduri, head of Intel's Accelerated Computing Systems and Graphics Group, has quit the chip-making major to form his own generative artificial intelligence (AI) startup.
PFC signs agreement with Japan's JBIC for project loan of Rs 165 cr. Power Finance Corporation has inked a pact with Japan Bank for International Cooperation (JBIC) for a project loan of JPY 2.65 billion or about Rs 165 crore. Under this facility, JBIC has proposed to finance some of PFC's projects which ensure effective re
Tirumala Tirupati Devasthanam budget up by 43%, pegged at Rs 4,411 cr. The TTD decided to continue the sale of online seva, which started during Covid-19 pandemic and fetched Rs 100 crore
Nazara arm Sportskeeda pays .8 mn for 73.27% stake in NFL-focused US firm. It's an all-cash deal; company is eyeing multiple acquisitions in the near future to further boost its position in the sports media landscape
REC transfers 6 SPVs to Power Grid Corporation for transmission projects. REC Ltd on Wednesday said its wholly-owned subsidiary REC Power Development and Consultancy Ltd (RECPDCL) has handed over six special purpose vehicles to Power Grid Corporation of India Ltd. The Special Purpose Vehicles (SPVs) are mostly for construction o
Coromandel International to enter into fertilisers, industrial chemicals. Coromandel International Ltd, which is into fertilisers and crop protection chemicals businesses, on Wednesday said it will diversify into speciality and industrial chemicals. Coromandel International is in the business of fertilisers, crop protection chem
Govt plans to sell 3.5% stake in Hindustan Aeronautics through OFS. The government owns 75 per cent in the public sector aerospace and defence business
CAPA summit 2023: Air India pushes for data exchange in aviation sector. In the last 14 months, the airline has taken various measures to bring grounded aircraft back to service, refurbish aircraft interiors, and improve on-time performance
Reliance Consumer expands portfolio in home, personal care segments. Reliance Consumer Products Limited (RCPL), a wholly-owned subsidiary of Reliance Retail Ventures Limited, on Wednesday said it has expanded its play in the FMCG segment by launching its range of home and personal care products. RCPL, which has ambitions to
Long-term aim to reduce cost of operations by 30-50%: Adani Airports CEO. India overall lacks aviation capability, he said
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