NSE share market NEWS tomorrow (22 March, 2023). NSE stocks in NEWS (tomorrow)
NSE share market NEWS tomorrow (22 March, 2023). NSE stocks in NEWS (tomorrow) These are NSE stocks which will be in NEWS tomorrow as on 22 March 2023
One 97 was amongst the top gainers, currently trading at 624.05 in NSE with 2.951 times change in volumes and 6.876% change in price. Other gainers included 360 One with 6.788% price change and 1.441 times volumes, Adani Green with 5% price change and 0.478 times volumes, Bandhan Bank with 4.216% price change and 1.687 times volumes, and Angel One with 4.158% price change and 2.287 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.
Abb India was amongst the top losers, currently trading at 3309.90 in NSE with 1.036 times change in volumes and -3.002% change in price. Other losers included Pb Fintech with -2.343% price change and 2.554 times volumes, Steel Authority with -2.298% price change and 2.165 times volumes, Bharat Heavy with -2.175% price change and 1.347 times volumes, and Bharat Petroleum with -1.883% price change and 1.164 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.
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
Rs 8,000-crore Foxconn project receives Karnataka govt's approval. A total of 18 projects worth Rs 75,394 cr sanctioned
Earn Rs 100,000 per month: StockGro hiring for Chief Meme Officer. The work can be done from anywhere and would involve creating "snackable memes" that talk about GenZ and millennials
AIESL divestment to augur well for civil aviation industry: Govt official. The disinvestment of Air India Engineering Services Ltd (AIESL), which is hopefully expected to go through in the next couple of months, will augur well for the country's civil aviation industry, a top government official said on Tuesday. Civil Aviation Se
Honda Motorcycle announces fresh line up for 2023 international race. Rookie riders Kavin Samaar Quintal and Mohsin Paramban will compete in the AP250 class of the Asia Road Racing Championship (ARRC) as Honda Motorcycle and Scooter India on Tuesday announced its international racing team for the 2023 season. Four rookie rid
Domestic expected to see double digit growth in FY24: JK Tyre MD. Domestic tyre industry is expected to witness double-digit growth next fiscal with the automobile industry back on full swing, JK Tyre Chairman and Managing Director Raghupati Singhania said on Tuesday. JK Tyre, which on Tuesday introduced a tyre brand --
NTPC arm signs pact with Indian Army for setting up green hydrogen plants. NTPC Renewable Energy Ltd (NTPC REL), an arm of NTPC Ltd, has signed an agreement with the Indian Army for the implementation of green hydrogen projects in armed forces establishments. Under the MoU (memorandum of understanding) with the Army, a joint iden
Hackers targeted Microsoft, Google, Apple via zero-day exploitation in 2022. Researchers have tracked 55 zero-day vulnerabilities that were exploited in 2022 by the hackers, most targeting Microsoft, Google and Apple products, a new report has shown.
Tata Motors announces hikes in commercial vehicle prices by 5% from April 1. Tata Motors on Tuesday announced increasing the prices of commercial vehicles by up to 5 per cent from April 1. The price increase comes in the wake of the implementation of the more stringent BS-VI phase II emission norms from next month, it said. The pri
Turkish Airlines wants additional traffic rights to IndiGo: CEO Bilal Eksi. Such a unilateral increase in traffic rights will be unique to Turkiye and may also receive a nod from the Indian government
Coal, crude oil spike lead port cargo charge in FY23, shows govt data. Growth in bulk segments, but grey clouds hover over container cargo
Merlin Group plans to develop a World Trade Center in Kolkata. The oldest World Trade Center in India is in Mumbai. There are Centers in Bangalore, Chennai, New Delhi, Noida, Pune, among others
Mondelez ups India bet, to invest Rs 4,000 crore in next three years. The chocolate maker will expand capacity at its manufacturing facilities, build more warehousing capacity, and augment cold-chain facilities
Tata Motors to raise prices of commercial vehicles by 5% from April. This would be the fourth price hike by India's largest automobile maker this fiscal year
Honda to launch new car every year till 2028 in Indian market. Kunal Behl, VP, Honda Cars India said that there are also plans to re-launch an SUV in the first half of the next fiscal year to ride on the booming segment in the country
'Very vexing': Emirates president on bilateral rights being frozen. At the CAPA India Aviation Summit 2023, Clark stated that the Indian market will grow, and there will be pressure on airlines that operate international flights from India
Finolex Cables expects to more than double turnover to Rs 11,000 cr. Finolex Cables, which leads the electrical and communication cables segments, hopes to net Rs 500 crore in revenue from each of the five fast-moving consumer electrical segments it recently entered, by fiscal 2028, which will also help it more than double
Air India's expansion plans stir tension over airline flying rights. Tensions over plans to transform AI into a global airline with hundreds of new jets rippled across aviation sector as foreign carriers clamoured for more access to the world's fastest-growing economy
20 women-led startups in pipeline to become unicorn, finds a study. Around 18 per cent of India's unicorn startups are founded or co-founded by women and 20 other firms are in pipeline to become unicorn, a joint study said on Tuesday. The study conducted by TiE Delhi NCR, research firm Zinnov, Google, NetApp and venture ca
Power Finance Corp board approves plans to raise Rs 80,000 cr in FY24. State-owned Power Finance Corporation (PFC) on Tuesday said its board has approved raising up to Rs 80,000 crore through various financial instruments. An amount of Rs 40,000 crore will be raised through long-term domestic borrowings, and another Rs 20,00
Tata Power Renewable Energy to set up 200 MW solar project in Maharashtra. Tata Power Renewable Energy Ltd (TPREL) on Tuesday said it has received a letter of award from MSEDCL to set up a 200 MW solar project in Solapur, Maharashtra. The letter of award has been received from the Maharashtra State Electricity Distribution Compan
Srei promoters dispute insolvency proceedings; next hearing on March 31. Government had suspended fresh insolvency proceedings through an ordinance in June 2020
Ola Electric to raise 0 mn for expansion plans to meet corporate needs. E-vehicle manufacturer Ola Electric is close to raising funds of around USD 300 million for its expansion plans and to meet other corporate needs, sources close to the company said. The fresh round of fundraising comes amid expectations that Ola Electric w
Flipkart undertakes management rejig amid resignations, high costs: Report. Ravish Sinha, senior VP at Flipkart, has resigned. He was the VP of engineering before taking up the role of SVP of supply chain
Reliance planning hotels, resorts, lodging facility near Statue of Unity. The Tata Group's Indian Hotels Company already is already in a partnership with Sardar Sarovar Narmada Nigam (SSNNL) and plans to launch two properties, namely Vivanta and Ginger
Samsung eyes expansion, planning to make India smartphone manufacturing hub. The South Korean electronics major plans to invest in setting up smart manufacturing capabilities at its second-largest mobile phone plant in Noida
Foreign bank crisis may impact Indian IT services FY24 growth: Analysts. Deal flow could slow down some quarters and pricing will be under pressure, says one analyst
Amul aiming to become a total foods and beverages company: MD Jayen Mehta. Commenting on high inflation in the dairy sector and three price hikes in the last one year, Mehta said that it was 'imperative' as 'cost of feed and fodder is a direct cost to the farmer'
Accenture to acquire AI company Flutura; deal terms not disclosed. This is Accenture's third acquisition of such a company in India in recent years
NMDC hikes iron ore lump rate by Rs 100/tonne; fines Rs 200 per tonne. State-owned NMDC on Tuesday said it has hiked price of iron ore lumps by Rs 100 to Rs 4,500 per tonne with immediate effect. The country's largest iron ore miner has also increased rate of iron ore fines by Rs 200 to Rs 4,110/tonne, NMDC said in a regulat
India to see avg salary hikes of 10.2% in 2023, biggest in e-commerce: EY. Average salary hikes in India will be lower in 2023 compared to 2022, says EY's 'Future of Pay 2023' report. E-commerce, professional services and IT to the biggest hikes
Discussions on at Tata Group to engage Gopinathan beyond Sept 15: Report. Tata Sons chairman N Chandrasekaran is learnt to have discussed the engagement of outgoing TCS MD and CEO Rajesh Gopinathan with the group beyond September 15 in an advisory role, according to sources from Tata Group. Tata Sons and IT behemoth Tata Consult
Snapdeal starts taking orders on ONDC, sees demand for smaller cities. Company says it's only e-commerce platform to fintegrate its buyer and seller platforms on platform
Turkish Airlines looking for cooperation with Air India: Official. Turkish Airlines is looking for cooperation with Air India as the carrier looks to expand in the Indian market, a top executive said on Tuesday. At present, Turkish Airlines is closely cooperating with IndiGo, including a codeshare partnership. Turkish Air
Elista to invest Rs 250 crore to set up new facility in Andhra Pradesh. Electronics maker Elista India will invest Rs 250 crore to set up a manufacturing plant in Kadapa, Andhra Pradesh, in five years, which will help the company meet the domestic and exports markets demand, Chairman and Managing Director Saket Gaurav said. Th
In a bid to counter rival Jio, Airtel introduces new 'postpaid family plan'. Airtel is offering its "exclusive" Airtel Black postpaid service, which brings DTH, broadband, landline, and cellular services under one umbrella
Reliance Jio's 5G expanding fast, services now available in 406 cities. Reliance Jio on Tuesday said that its True 5G services have gone live in 406 cities, thus becoming the first and only telecom operator to reach such a wide network in a short span of time
Amid staff shortage, peak demand, Air India to cancel long-haul flights. As of now, six weekly flights to the US, three to Newark and three to San Francisco, will be trimmed due to a crew shortage for the coming 2-3 months, said CEO & MD of Air India, Campbell Wilson
Amplus Solar to invest Rs 1,500-cr in Andhra to set green hydrogen plants. Amplus Solar on Tuesday said it aims to set up 7.5 KPTA-distributed green hydrogen plants in Andhra Pradesh with an estimated investment of Rs 1,500 crore. To materialise its plans, the company has also entered into an agreement with the Andhra Pradesh gov
Nokia launches affordable C12 Pro phone with 6.3-inch HD+ display in India. HMD Global, the home of Nokia phones, on Tuesday launched the new affordable 'Nokia C12 Pro' smartphone which features a 6.3-inch HD+ display, in the country.
HMSI announces fresh line up for 2023 International Racing Championships. Honda Motorcycle and Scooter India (HMSI) on Tuesday announced the international racing team for the 2023 FIM Asia Road Racing Championship (ARRC) and Thailand Talent Cup (TTC)
BoB-backed IndiaFirst Life Insurance gets regulator approval for IPO. Company seeks to raise about Rs 500 cr from fresh issue of shares, draft papers say
Lupin gets approval for generic medicine for schizophrenia, depression. Pharmaceuticals firm Lupin Ltd on Tuesday said it has received approval from the US health regulator for its generic Brexpiprazole tablets used to treat the symptoms of schizophrenia and depression. The approval granted by the US Food and Drug Administrati
Thomas Cook India, SOTC Travel, LTIMindtree together launch 'Green Carpet'. Omnichannel travel services firm Thomas Cook India and its group company SOTC Travel on Tuesday partnered with LTIMindtree to launch 'Green Carpet', a global platform that will help companies to monitor and manage their business travel emissions. Markets r
Western Australia in talks with Indian airlines for direct flights to Perth. The Western Australia government is in discussions with Indian carriers for direct flights between Indian cities and Perth. India is one of the largest tourism markets for Western Australia, which also has a substantial Indian diaspora. Deputy Premier of W
SC refuses to stay NCLAT's order on second round of RCap auction. COC to meet today, second auction likely to be held on March 29, say lawyers privy to the matter
Coal India has strong case to increase prices, talks on: CMD Agrawal. Miner needs to be 'adequately compensated'; stakeholders being consulted before a decision
Lamborghini sees opportunity to enhance growth in Indian market: Chairman. Italian automaker Automobili Lamborghini sees an opportunity to enhance growth in the Indian market through its hybridisation programme and move towards full electric mobility, according to company Chairman and CEO Stephan Winkelmann. With the changing geo
737 Max's grounding was bigger disaster for us than Covid: SpiceJet CMD. Ajay Singh said that after the Covid outbreak, SpiceJet was relatively weaker than other Indian carriers
Ceat's Anant Goenka resigns to focus on group; Arnab Banerjee to take over. Tyre maker CEAT Ltd on Monday said its Managing Director and CEO Anant Goenka has resigned to focus on group activities and has been named as its Vice Chairman. The company's board has also approved the appointment of Arnab Banerjee, currently Chief Operat
AI Express-AirAsia India merger will present big opportunities: CEO Singh. The integration of Air India Express and AirAsia India is expected to be complete by the end of next financial year and the merged entity will have "enormous growth opportunities" in the coming years, according to a top executive. Air India, Air India Expr
17 scheduled airlines in country, DGCA issues 718 Air Operator Certificate. There are 17 scheduled airlines operating in India while the number of aircrafts endorsed by the aviation regulator DGCA on the Air Operator Certificate (AOC) is 718.
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