NSE share market NEWS tomorrow (23 March, 2023). NSE stocks in NEWS (tomorrow)
NSE share market NEWS tomorrow (23 March, 2023). NSE stocks in NEWS (tomorrow) These are NSE stocks which will be in NEWS tomorrow as on 23 March 2023
Adani Green was amongst the top gainers, currently trading at 982.35 in NSE with 0.641 times change in volumes and 4.997% change in price. Other gainers included Apl Apollo with 4.569% price change and 2.588 times volumes, Angel One with 3.931% price change and 2.293 times volumes, Kfin Technologies with 3.467% price change and 4.336 times volumes, and Abb Power with 3.386% price change and 4.342 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.
Vedanta was amongst the top losers, currently trading at 271.25 in NSE with 3.399 times change in volumes and -4.941% change in price. Other losers included Hindustan Aeronautics with -4.894% price change and 8.023 times volumes, Phoenix Mills with -3.28% price change and 0.785 times volumes, Bank Baroda with -2.808% price change and 0.733 times volumes, and Page Industries with -2.801% price change and 1.285 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.
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
Spotify has spent less than 10% of its 0 million diversity fund. The initiative got off to a slow start hiring staff and has suffered from shifting priorities, according to people familiar with the effort
Coming to a kirana near you: Reliance Consumer expands FMCG play. Launches home and personal care range for 'Real India'
Air India revises privilege leaves policy from April 1: Official. Air India will revise its policy with respect to privilege leaves for both permanent and full-term contract staff from the next financial year to align the policy with "prevailing market conditions", according to an internal communication. From April 1 onw
Law firms plan fee hikes to retain talent amid 'foreign entry'. Worried about star performers being poached
How Vartika Shukla, the first female leader at EIL, is plotting change. Shukla, who's worked for the company for more than three decades, is attempting to change its profile, branching out from construction of fossil-fuel plants into new areas
CCI to set up in-house digital mkt data unit for regulating tech platforms. Jyoti Jindgar Bhanot, secretary of the CCI, emphasised on early intervention as a key to ensure that competitive landscape in digital markets is not distorted beyond repair
Mahindra to raise up to .3 billion for its electric vehicle unit: Report. Indian automaker Mahindra and Mahindra Ltd is in advanced talks with global investors to raise between billion and 1.3 billion to accelerate the expansion of electric vehicle unit, Mint reported
Ola to raise 0 mn to fund expansion of scooter, and battery cell plants. This fundraising will reduce the promoters' shareholding marginally from 40 per cent currently to 37-38 per cent
BS VI phase 2: Hyundai joins peers, bids farewell to diesel engine sedans. Diesel engine vehicles have seen a steep hike in prices after the second phase of BS-VI norms was implemented by the government
Indian airports' revenues to rise 26% to .9 bn next fiscal year: CAPA. Indian airport operators are projected to report 26 per cent rise in revenues at USD 3.9 billion in the next financial year, aviation consultancy CAPA India said on Wednesday. For 2023-24, air passenger traffic, including domestic and international, is exp
IFC to invest Rs 600 cr in Mahindra & Mahindra's new last-mile EV firm. Global development institution IFC will invest Rs 600 crore in a new last-mile mobility (LMM) company, a wholly-owned subsidiary of Mahindra & Mahindra that will be newly incorporated (NewCo), it announced on Wednesday.
HCLTech launches service to help companies use metaverse for customers. Platform will serve financial services, telecom, manufacturing healthcare and other sectors
Adani Airports to bid for more airports to become leading operator: CEO. In the last round of airport privatisation by the government, Adani Airports won bids to operate six airports
Hindustan Zinc's .3 bn dividend plan raises concerns over cash use. The Rajasthan-based miner will pay an interim dividend of 26 rupees per share totaling 109.9 billion rupees, according to an exchange filing Tuesday
S&P Global Ratings to answer questions on Adani Group in coming months. S&P Global Ratings will be answering many questions about India-based Adani Group in the coming months, the credit rating agency said on Wednesday.
IIM-A incubation platform to invest in 50 new start-ups over a year. CIIE.CO says it has a record of helping 1,200 start-ups and investing in 350 of them
Agritech startup Sorted raises over mn as seed funding to grow business. Agri startup Sorted, a tech platform founded by ex-CEO of Milkbasket Anant Goel for quality fruits and vegetables, has raised more than USD 5 million as seed funding to grow business. According to a statement, the serial entrepreneur has started Sorted, po
In a bid to bolster its leadership, Shemaroo makes two key appointments. Arpit Mankar has been appointed head of the non-Bollywood category, and Abhishek Joshi will lead the OTT platform of Shemaroo, ShemarooMe
Need to reduce airports' operating costs by 30-50%: Adani Airports CEO. Adani Airports chief Arun Bansal on Wednesday said the cost of operating airports has to come down by 30-50 per cent in the coming years as he highlighted the growth potential of the Indian aviation market. Currently, the company is operating seven airport
International Finance Corp to buy 5.6% stake in JK Tyre for million. JK Tyre & Industries Ltd on Wednesday said World Bank Group member IFC will invest USD 30 million (about Rs 240 crore) to pick a 5.6 per cent stake in the company to part-fund expansion of energy-efficient tyre manufacturing. The investment by IFC in JK Ty
Flipkart launches exchange programme for used ACs with doorstep pickup. Customers can make the exchange irrespective of where the AC was purchased, says company
Guruprasad Mudlapur appointed as Managing Director of Bosch Group in India. Auto components major Bosch Ltd on Wednesday announced leadership changes with Guruprasad Mudlapur appointed as its Managing Director, and President of the Bosch Group in India with effect from July 1, 2023. He will succeed Soumitra Bhattacharya who will b
Ambani among top 10 billionaires, Adani at 23rd: M3M Hurun Global Rich List. Despite an erosion of 20 per cent or billion in wealth, Reliance Industries' Chairman and Managing Director Mukesh Ambani continues to be at the top 10 wealthiest individuals
Amid rise in production cost, Hero MotoCorp to hike prices by up to 2%. Hero MotoCorp on Wednesday said it will increase prices of its model range by around 2 per cent from next month in order to offset the impact of rise in production cost in order to conform to stricter emission norms. The company will make an upward revisio
Trai to again meet telecom firms next week to end spam call menace. Discussion will seek to end unsolicited communication using technology, regulations
Govt proposes to sell up to 3.5% stake in Hindustan Aeronautics. The stake sale would be valued at Rs 2,867 crore (7.05 million), based on a floor price of 2,450 rupees apiece
Manmeet K Nanda appointed new managing director & CEO of Invest India. The board of Invest India has appointed Manmeet K Nanda as the Managing Director and Chief Executive Officer of the investment promotion and facilitation body under the commerce ministry. Nanda succeeds Deepak Bagla, who resigned from the post last week. I
Google suspends Chinese shopping app Pinduoduo amid security concerns. Google has suspended the Chinese shopping app Pinduoduo on its app store after malware was discovered in versions of the app from other sources. Google said in a statement Tuesday that it suspended the Pinduoduo app on the Google Play app store out of secu
Bilateral rights row: Don't club us with GCC nations, says Jazeera Air CEO. India and Kuwait revised the air service agreement in 2007 and carriers of both sides are entitled to deploy 12,000 seats per week each, but that limit has now got exhausted
India likely to require 31,000 pilots in next 20 years, says Boeing. US aircraft maker Boeing has said India may require 31,000 pilots and some 26,000 mechanics over the next 20 years amid the growing order book of the aircraft original equipment manufacturers. Speaking on the sidelines of a CII event here, Boeing India Pre
HZL to pay Rs 10,990-crore interim dividend at 1,300% of face value. The Rajasthan-based miner will pay an interim dividend of 26 rupees per share, according to an exchange filing Tuesday
Benchmark indices rebound on global trends, buying in Reliance Industries. The benchmark S&P BSE Sensex rose 445 points to end the session at 58,074 - a gain of 0.7 per cent
AIESL disinvestment in a couple of months: Civil Aviation secretary. One of India's biggest failures is its inability to build commercial aircraft: Bansal
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