NSE share market NEWS tomorrow (20 March, 2023). NSE stocks in NEWS (tomorrow)
NSE share market NEWS tomorrow (20 March, 2023). NSE stocks in NEWS (tomorrow) These are NSE stocks which will be in NEWS tomorrow as on 20 March 2023
Adani Green was amongst the top gainers, currently trading at 848.65 in NSE with 2.045 times change in volumes and 3.969% change in price. Other gainers included Phoenix Mills with 3.229% price change and 0.692 times volumes, Rail Vikas with 2.621% price change and 1.382 times volumes, Hindustan Unilever with 2.607% price change and 0.734 times volumes, and Bharat Petroleum with 2.348% price change and 0.791 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.
Hindustan Aeronautics was amongst the top losers, currently trading at 2644.85 in NSE with 0.994 times change in volumes and -5.506% change in price. Other losers included Pg Electroplast with -4.662% price change and 2.751 times volumes, Max Financial with -4.553% price change and 3.648 times volumes, Bajaj Finserv with -4.329% price change and 2.979 times volumes, and National Aluminium with -4.152% price change and 0.376 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.
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.
Carborundum Universal partners DRDO for 'ceramic radome' technology. CUMI is one of India's first companies to produce the wonder material graphene for aerospace and defence applications
CAPA summit: Airlines fly into crew, aircraft shortages as demand takes off. According to CAPA India estimates, more than 100 aircraft (15 per cent of total fleet) of Indian carriers are on the ground due to supply chain and non-supply chain issues
Amazon to cut 9,000 jobs in second round of layoffs, says report. Amazon said it is laying off 9,000 more employees in the next few weeks, mostly in AWS, advertising and Twitch, according to media reports
No plans to sell Bisleri: Ramesh Chauhan after Tata calls off negotiations. Veteran industrialist Ramesh Chauhan on Monday said he has no plans to sell his packaged water business Bisleri International and is not in talks with any parties for the same, three days after Tata Consumer Products Ltd called off their negotiations. Chau
NTPC signs agreement with IOCL to set up renewable energy projects. NTPC Green Energy Limited (NGEL) and Indian Oil Corporation Limited (IOCL) have inked pact for setting up of renewable energy projects to meet round-the-clock power requirement of IOCL refineries. The JV agreement was signed in the presence of Gurdeep Sing
SBI MF schemes buy 2.2% stake worth Rs 757 cr in HDFC AMC in open market. US-based investment firm GQG Partners offloads 1.16% holding; shares exchanged at average price of Rs 1,600 each
India can play leading role in sustainable aviation fuel: Akasa's Ghosh. There is a gap of around 0 million in terms of funding between traditional aviation fuel and 10% blended fuel, he said
JPMorgan CEO leading talks for new First Republic rescue plan: Report. A spokesperson for First Republic pointed to an earlier statement where the bank said it was "well-positioned to manage short-term deposit activity"
UBS takes over Credit Suisse: Everything you need to know about the crisis. Credit Suisse crisis: Swiss government said it would provide bn to help UBS meet the possible losses while taking over Credit Suisse, and Swiss National Bank will provide 0 bn of liquidity
Indian airlines to report .6-1.8 bn consolidated loss in FY24: CAPA. Indian airlines are projected to record a consolidated loss of USD 1.6 to 1.8 billion in the next financial year, aviation consultancy CAPA India said on Monday. The full service carriers are expected to incur a loss of USD 1.1 to 1.2 billion. According to
Glenmark gets USFDA nod to market generic medication to treat schizophrenia. Glenmark Pharmaceuticals on Monday said it has received approval from the US health regulator to market a generic product used to treat schizophrenia and in some cases to control severe nausea. The company has received nod from the US Food & Drug Administr
Air traffic to grow 20% in FY24 as Indian carriers add 132 aircraft: Report. Turbine fuel cost and declining yields to put pressure on airlines, says CAPA India
Jayanti Chauhan to head Bisleri International after Tatas walk out. Jayanti has been involved in the company's business for several years and of late, she has been working on expanding Bisleri's Vedika brand
Air India to temporarily reduce frequency of flights on some US routes: CEO. Air India will reduce the frequency of flights on certain US routes due to crew shortage issues for a temporary period, its chief Campbell Wilson said on Monday. He also said the airline will have 100 pilots for Boeing 777 planes in three months as they ar
Strong case to hike coal prices, could happen soon: CIL Chairman Agrawal. Coal India Chairman Pramod Agrawal on Monday said there is a "strong case" for increasing coal prices, and the hike could be effected "very soon" as discussions are underway with stakeholders. Agrawal also said he is confident the mining behemoth will achi
IndiGo embarking on next level of growth, cost leadership crucial: CEO. IndiGo is embarking on the next level of growth and cost leadership is crucial for the airline, its CEO Pieter Elbers said on Monday. Currently, IndiGo operates around 1,800 daily flights and has a fleet of more than 300 aircraft. "We are embarking on the
Crew crunch amid network expansion forces Air India to cut six US flights. A few flights to Bangkok and Dubai will be operated by Airbus A320 aircraft instead of the wide-body Boeing 787
M&M buys out VC firm Omnivore's stake to acquire agri-tech firm MITRA. Deal size not disclosed, will make MITRA a wholly-owned subsidiary of M&M; is in sync with Mahindra's plan to grow revenues from farm machinery 10 fold in next five years
Ganga Realty to invest Rs 750 cr to build affordable housing project. Real estate firm Ganga Realty will invest Rs 750 crore to build an affordable housing project in Gurugram. The company will develop 2,972 apartments in new project 'Tathastu', which is spread over 22 acres in Sector 5, Sohna-Gurugram. The price of the apar
EV charging infra platform CHARGE+ZONE raises mn in Series A1 funding. Electric vehicle charging infra platform CHARGE+ZONE on Monday announced raising USD 54 million (Rs 450 crore) in Series A1 funding round led by global impact investment management firm BlueOrchard Finance. Additionally, the company plans to raise USD 75-1
Renault Nissan inks agreement with Kamarajar Port for car shipments. So far, over more than 13 years, the Alliance has exported over 1.15 million cars from Kamarajar Port to around 108 global destinations
Optiemus, Primebook join hands to manufacture Made-in-India 4G laptops. As part of the partnership, Optiemus will be manufacturing around one lakh laptop units for Primebook by the end of March 2024
Samsung to invest in smart manufacturing capability, research in India. Korean electronics major Samsung will invest in setting up smart manufacturing capabilities at its largest mobile phone plant in Noida to make production more competitive, company's global head for mobile business said here on Monday. Samsung Electronics P
SpiceJet restructuring balance sheet; to push for fleet expansion: CEO. SpiceJet chief Ajay Singh on Monday said the airline is significantly restructuring its balance sheet and will aggressively push for fleet expansion. The airline will also be having a significant number of dedicated cargo aircraft, he said, adding that the
PepsiCo to invest 0,000 for expansion of safe water access in UP. The PepsiCo Foundation on Monday said it will invest USD 4,00,000 in partnership with Pandit Jagat Ram Memorial FORCE Trust to expand its safe water access and sustainable sanitation programme in Mathura, Uttar Pradesh. This initiative is aligned with the
WinZO to invest mn in gaming ecosystem as part of Game Developer Fund. Gaming startup WinZO plans to invest USD 50 million (about Rs 410 crore), in the global gaming ecosystem as part of its flagship Game Developer Fund, the company said on Monday. The company expects to invest at least USD 10 million of the fund in US-based
Karnataka minister rolls out 3 strategic initiatives to promote start-ups. Karnataka Higher Education and IT/BT Minister Dr CN Ashwath Narayan on Saturday rolled out three strategic initiatives aimed at promoting start-ups and innovation ecosystem in Beyond Bengaluru clusters.The three programmes launched were Mysuru Cluster Seed
Mercedes-Benz expects India to be its fastest growing market this year too. German luxury carmaker Mercedes-Benz expects India to be its fastest growing market globally, maintaining the feat that it had achieved last year as well, according to a senior company official. Mercedes-Benz India, which had planned to launch ten new prod
In line with new govt rules, Reliance re-auctions gas from its KG-D6 block. Reliance Industries Ltd and its partner bp plc have re-launched an auction for sale of natural gas from their eastern offshore KG-D6 block after incorporating the government's new marketing rules to give CNG-selling city gas companies first priority over s
Silicon Valley Bank collapse: Founders of colour unite in a WhatsApp group. In the hours after some of Silicon Valley Bank's biggest customers started pulling out their money, a WhatsApp group of startup founders who are immigrants of colour ballooned to more than 1,000 members. Questions flowed as the bank's financial status wors
Hindenburg fallout: Adani suspends work on Rs 35K-cr petchem project. Hindenburg fallout: Adani Group suspends work on Rs 34,900 cr petchem project
First Citizens considering to make an offer to buy collapsed SVB: Report. As Wall Street giants move to end the spiralling banking crisis in the US, First Citizens BancShares Inc is reportedly considering making an offer to acquire the collapsed Silicon Valley Bank
DLF to invest Rs 3,500 cr in next 4 yrs on housing project in Gurugram. Realty major DLF will invest around Rs 3,500 crore over the next four years to construct a new luxury housing project in Gurugram as its seeks to tap strong demand for residential properties. DLF will develop a new group housing project 'The Arbour', which
FSIB to soon start selection process for new LIC chairman this month. The Financial Services Institutions Bureau (FSIB), the headhunter for directors of state-owned banks and financial institutions, may select a new chairman of insurance behemoth LIC this month. The chairman will be selected from the four managing directors
PM Mitra parks to boost India's 0 bn textile export goal, says industry. The parks, which are coming up in seven states, are expected to fuel investment once the global slowdown is over
Bank of Baroda raises interest rates on retail term deposits by 25 bps. Bank of Baroda has increased interest rates on domestic retail term deposits, including NRO and NRE term deposits, by 25 basis points on select tenors. These rates are applicable on deposits below Rs 2 crore, with effect from March 17, 2023, the pubic sect
NTPC plant in Barh synchronises 4th unit, Bihar to get additional 405 MW. A 660-MW unit of the National Thermal Power Corporation's plant at Barh in Patna district was synchronised with the grid on Sunday morning, which is likely to result in supply of an additional 405 MW electricity for Bihar, a company official said. Accordin
Vaidyaratnam Group plans to double revenue to Rs 500 cr, IPO by 2030. Thrissur-based ayurveda group Vaidyaratnam is looking at closing the current fiscal with a Rs 240 crore revenue and double the same by 2030 when it hopes to go public. The 99-year-old entity is the only ayurveda group that follows the holistic Ashtavaidya
JSPL gets nod to manufacture India's first fire-resistant steel structures. Jindal Steel and Power Ltd (JSPL) on Sunday said it will manufacture India's first fire-resistant steel structures at its unit in Raigarh, Chhatisgarh. With the production of a special steel item for the first time in India, the company will target segment
Top 10 most valued firms post Rs 2.09-trn loss in market capitalisation. Market capitalisation (m-cap) of the top-10 most valued companies eroded by over Rs 2.09 lakh crore last week, with Reliance Industries and TCS taking the biggest hit amid an overall weak trend in equities. On a weekly basis, domestic equity benchmarks wit
Wipro lays off 120 employees in US due to 'realignment of business needs'. IT major Wipro has laid off at least 120 employees in the state of Florida, the US, due to a realignment of business needs
State-owned SJVN Green Energy bags 200 MW solar project in Maharashtra. State-owned SJVN on Saturday said its green energy subsidiary has bagged a 200MW solar project entailing an investment of Rs 1,000 crore in Maharashtra. "Wholly-owned subsidiary of the company...SJVN Green Energy Ltd (SGEL) received a Letter of Award from
IFFCO, Coromandel International to manufacture Nano DAP for 3 years: Govt. Fertiliser cooperative major IFFCO and Coromandel International Ltd (CIL) will manufacture Nano DAP for a period of three years. A notification in this regard was issued on March 2, Minister of State for Chemicals and Fertilisers Bhagwanth Khuba said in hi
Google working on new 'Video Unblur' tool for upcoming smartphone Pixel 8. Tech giant Google is reportedly working on a new "Video Unblur" tool for its upcoming Pixel 8 smartphone
Food delivery apps taking action on rising stress among delivery staff. Owing to their tough workstyle, delivery boys often face a lot of stress, which can affect their mental health
iPhone 15 Pro Max smartphone may feature thinnest screen bezels to date. Tech giant Apple's upcoming iPhone 15 Pro Max smartphone will reportedly "break record" of the thinnest screen bezels to date.
BlackRock denied working on possible rival bid for Credit Suisse. BlackRock has denied that it's working on a possible rival bid for Credit Suisse Group AG
Shankar Vanavarayar becomes chairman of CII Tamil Nadu State Council. He was also the National Chairman of CII's Young Indians in 2011-2012
TVS Industrial and Logistics on aggressive expansion plan in 30 more cities. The TVS Industrial and Logistics Park (ILP) has drawn up plans to strengthen footprint in 30 more cities by 2027, a top official said on Saturday. The company currently has presence in 11 locations across the country. The TVS ILP would be investing about R
MG Motor India to supply 100 vehicles of various models to WTiCabs India. MG Motor India on Saturday said it has bagged an order to supply 100 units of its various models to WTiCabs India. The fleet of 100 vehicles, including Hector and ZS EV, will be used for the rent-a-car division of WTiCabs India. "Our partnership will furth
Airlines misguiding people, forcing passengers to pay more, says Parl Panel. A Parliamentary Committee has taken note of the high air fares charged by some airline operators in the domestic sector, and held that they are misguiding the public and forcing passengers to pay more
Cement firms may invest Rs 1.2 trn to add 145-155 MT capacity by FY27. The continuing demand for housing, accounting for 60-65 per cent of cement demand, and aggressive government investments in infrastructure will drive demand, nudging cement-makers to add 145-155 MT in fresh capacity at an investment of Rs 1.2 lakh crore by
RBI imposes fine of Rs 5,00,000 on HDFC over transfer of deposits. Reacting to the penalty imposed by the central bank, HDFC Ltd said, it will take necessary steps to comply with the directions
Patanjali Foods says not considering FPO to increase public shareholding. But other modes like OFS, QIP to raise public shareholding
Deepak Bagla resigns as managing director and CEO of Invest India. Bagla was at the helm of Invest India since 2015. Earlier, he had stints at World Bank, Citibank, and private equity firm 3i Group
Adani Transmission integrates Adani Electricity Nashik for distribution biz. Adani Transmission has incorporated an arm, Adani Electricity Nashik Ltd, for distribution business in the Nashik area. It is aimed at applying parallel distribution license in the city. "The company has incorporated a wholly-owned subsidiary company in th
G Krishnakumar takes over as Bharat Petroleum Corporation's chairman. G Krishnakumar has taken over as the new chairman and managing director of Bharat Petroleum Corporation Ltd (BPCL), the company said on Friday. Krishnakumar, an electrical and electronics engineer from National Institute of Technology, Tiruchirappalli and
ESOPs: Market regulator Sebi could tweak regulations for start-ups. Sebi does not want founders to own stock options if they have rights akin to those enjoyed by promoters, the sources with direct knowledge of the matter said
As Rajesh Gopinathan signs out of TCS, here's what you need to know. The company has nominated Tata Group veteran K Krithivasan as CEO-designate, effective immediately
GAIL signs agreement with Shell Energy India on ethane sourcing. It is primarily used as petrochemical feedstock and is separated from the other components of natural gas in most well-developed gas fields
HCLTech joins Intel foundry services accelerator design services alliance. The development has opened an opportunity for HCLTech and IFS to collaborate and accelerate the adoption of IFS' cutting-edge technologies
How does outgoing TCS CEO Gopinathan's salary compare to other IT execs?. TCS CEO Gopinathan resigned on March 16 and will be replaced by company veteran K Krithivasan
A quarter or two might be tough, but growth will be back: TCS CEO designate. Rajesh Gopinathan, the outgoing TCS CEO, said that Krithivasan was chosen by the board and Tata Group chairman N Chandrasekaran
Apple to open US-style flagship retail outlet in Mumbai next month. This store would be a part of Reliance Industries' premium Jio World Drive mall, while the store in Delhi will be a part of the Select Citywalk mall in Saket
Fintech platform PhonePe raises 0 mn in additional funding from Walmart. The new funding comes as a part of PhonePe's ongoing fundraise of up to billion in capital, following its domicile shift to India last year
Indian startups have deposits of about bn in SVB: Deputy IT minister. Indian startups had deposits worth about billion with embattled Silicon Valley Bank and the country's deputy IT minister said he had suggested that local banks lend more to them going ahead
Vinod Adani part of promoter group of various listed firms: Adani Group. This comes after questions were raised about his status following short-seller Hindenburg Research naming him prominently in its January report
Air India makes another voluntary retirement offer for non-flying staff. Air India on Friday made a voluntary retirement offer for its non-flying staff, the second such offer by the Tata Group after taking control of the loss-making airline in January last year. The latest offer will be available for permanent general cadre off
TCS 'won't make any change', focus on principles: CEO designate Krithivasan. Macro uncertainty does not mean customers done with digital transformation, he says
Cola war looms as Campa returns; distributors fear for their margins. In an announcement last week, Reliance Consumer Products launched Campa with three flavors: cola, lemon, and orange. The drinks have been launched in Andhra Pradesh and Telangana
'The day my heart is not 100% committed': TCS's Gopinathan explains exit. Outgoing CEO of IT services firm says he will ensure smooth transition of leadership
India's smart home security camera market shipment grow 44%, Xiaomi leads. India's smart home security camera market shipments experienced 44 per cent (on-year) growth in 2022, a report has said
Beijing monitors share prices of Indian companies linked to Chinese biz. China's financial market regulators are monitoring the over valuation of India-listed companies which have business dealings with Chinese-origin companies in Asia, following a recent dispute settlement of two firms from both countries, informed sources sai
Delhi HC grants bail to Shakti Bhog Foods' CMD in money laundering case. The Delhi High Court on Friday granted bail to Kewal Krishan Kumar, Chairman & Managing Director (CMD) of the Delhi-based Shakti Bhog Foods Limited, in a money laundering case linked to an alleged Rs 3,200 crore bank loan fraud.
Zee Entertainment calls report of million repayment 'speculative'. In a report on Thursday, Bloomberg said that the media company has agreed to repay its dues to the IndusInd Bank to resolve insolvency proceedings against it
Sterlite Power bags green energy transmission project in Rajasthan. Sterlite Power on Friday said it has bagged a green energy transmission project in Rajasthan. The project was bid out through tariff-based competitive bidding (TBCB) process, a company statement said. Sterlite Power received the Letter of Intent (LoI) from
With a 38% jump, India's M&A activity touched all-time high in 2022. Outbound M&A activity increased 31.6% year-on-year to hit .8 billion
TCS, Infosys have highest exposure to US regional banks: JPMorgan. Top Indian information technology firms Tata Consultancy Services and Infosys have the highest exposure to regional banks in the United States that are gripped by a financial turmoil
HDFC board to consider raising funds by NCDs on Mar 27 worth Rs 57,000 cr. Mortgage lender HDFC Ltd on Friday said its board would consider raising funds through non-convertible debentures (NCDs) in tranches aggregating to Rs 57,000 crore. "A meeting of the Board of Directors of the Corporation is scheduled to be held on Monday,
IFFCO, Coal India to manufacture Nano DAP for three years, says govt. The government on Friday said fertiliser cooperative major IFFCO and state-owned Coal India Ltd (CIL) will manufacture Nano DAP for a period of three years. A notification in this regard was issued on March 2, Minister of State for Chemicals and Fertiliser
Govt plans to shut down 2 plants of Hindustan Insecticides; cites losses. The government on Friday said it is planning to shut down the operation of state-owned Hindustan Insecticides Ltd's (HIL) two plants located in Kerala and Punjab due to losses incurred for the last several years. Minister of State for Chemicals and Fertili
Airtel launches unlimited data for 5G users for both postpaid and prepaid. All postpaid customers, and prepaid ones with a data plan of Rs 239 and above will be able to avail the offer; The move follows Jio's new set of postpaid family plans, Jio Plus, at Rs 399 a month
Swiggy starts 'Launchpad' for restaurants at 0% first month commission. Move seeks to encourage restaurants new to the platform to see online food delivery as an incremental growth channel. Restaurant partners can save up to Rs 20,000 on commissions, other benefits
NCLT okays HDFC, HDFC Bank merger, paving way for creation of finance giant. HDFC Bank awaiting clarity from the RBI on forbearances as merger gets last regulatory approval
Tata Consumer Products calls off Rs 7,000 crore Bisleri acquisition. Last November, brand owner Ramesh Chauhan had told Business Standard that he expected the deal to be completed in 7-8 months
WhatsApp developing a redesigned chat attachment menu for Android beta. Meta-owned messaging platform WhatsApp is reportedly working on a redesigned chat attachment menu for Android beta
PhonePe raises Rs 1,649 crore in additional funding from Walmart. PhonePe, one of India's largest fintech platforms, on Friday said it has raised an additional USD 200 million (around Rs 1,649 crore) in primary capital from Walmart, at a pre-money valuation of USD 12 billion. This new funding comes as a part of PhonePe's
Mahindra Group drums up culture outreach with debut percussion festival. Day-long event in Bengaluru on Saturday is the newest in the conglomerate's Nov-March calendar patronising the arts
Domestic flights seen at 22,907 a week this summer, up 4.4% from a year ago. Carriers will fly from 110 airports including new ones such as Jeypore, CoochBehar, Hollongi, Jamshedpur, Pakyong and Mopa (Goa)
Electric two-wheeler maker Kabira Mobility secures million funding. Electric two-wheeler maker Kabira Mobility on Friday said it has secured USD 50 million (around Rs 412 crore) funding from Qatar-based Al-Abdulla Group. The Panjim-based company plans to utilise the capital to fund its future growth in the country. The com
CARS24 launches engineering research & development centre in Bengaluru. CARS24, an e-commerce platform for pre-owned vehicles, on Friday launched its first engineering research and development centre here. The centre will focus on developing cutting-edge solutions for used vehicle inspection, refurbishment, and reconditioning,
GAIL signs agreement with Shell Energy India for ethane production. GAIL India has signed an agreement with Shell Energy India Private Limited to explore opportunities for infrastructure development for ethane sourcing
myTVS to set up centres in 3 Asia Pacific nations for overseas foray. Vehicle service provider is present across India through around 25,000 garages and 1,100 outlets
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