NSE share market NEWS tomorrow (17 March, 2023). NSE stocks in NEWS (tomorrow)
NSE share market NEWS tomorrow (17 March, 2023). NSE stocks in NEWS (tomorrow) These are NSE stocks which will be in NEWS tomorrow as on 17 March 2023
Kalyan Jewellers was amongst the top gainers, currently trading at 119.50 in NSE with 13.516 times change in volumes and 9.683% change in price. Other gainers included Kpit Technologies with 6.559% price change and 2.775 times volumes, Apl Apollo with 5.201% price change and 11.208 times volumes, Adani Green with 4.997% price change and 1.112 times volumes, and Angel One with 4.965% price change and 1.183 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.
Biocon was amongst the top losers, currently trading at 202.30 in NSE with 16.434 times change in volumes and -8.812% change in price. Other losers included Tube Invest with -4.397% price change and 1.989 times volumes, Delhivery with -2.792% price change and 15.554 times volumes, Piramal Pharma with -2.685% price change and 1.226 times volumes, and Petronet Lng with -2.228% price change and 1.629 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.
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
Glenmark Pharma get USFDA nod for human trial of cancer-treating drug. Glenmark Pharmaceuticals on Thursday said its arm has received acceptance from the US health regulator to proceed with a phase 1/2, first-in-human trial for its investigational new drug aimed for treatment of patients with advanced cancers. In a regulatory
Google's 'castle and moat' strategy is data hegemony: CCI tells NCLAT. Fair trade regulator CCI on Thursday alleged that Google has created a digital data hegemony and called for a market space with "free, fair and open competition". Concluding the arguments of the Competition Commission of India (CCI) before the appellate tr
JP Morgan revises Reliance Industries stock target price, sees 33% uptick. The brokerage said it sees continued strength in the refining business, a likely rebound in petrochemical spreads from decadal low levels from China re-opening
Restaurant app peAR raises Rs 4.2 cr in funding for business expansion. Company uses augmented reality to enable users to visualise dishes before ordering
Rajesh Gopinathan quits as TCS CEO; K Krithivasan appointed CEO-designate. Krithivasan shall take over as the CEO and MD of TCS in the next financial year
Ecofy, Mahindra Solarize team up for rooftop solar financing, installation. Promoted by Eversource Capital, Ecofy aims to be a catalyst in accelerating the transition towards a net zero carbon world
Lamborghini to deploy hybrid tech across model range in India by 2024-end. Italian automaker Automobili Lamborghini plans to deploy hybrid technology in its models in India by the end of 2024 as the Italian super sports car maker aims to halve the emissions from its cars in the coming years, according to a top company executive.
Scam-call blocker Truecaller opens first India office in Bengaluru. The company opened a facility in Bengaluru, which is its largest office in the world outside of its headquarters in Sweden
K Krithivasan: A lot riding on TCS CEO-designate's track record. Chennai, his base, is one of the biggest centres for TCS in terms of talent
CARE upgrades outlook on Vodafone Idea to positive; reaffirms ratings. The ratings, however, remains underpinned by VIL's deteriorated financial risk profile, wherein, the tangible net-worth has eroded
Eris Lifesciences buys dermatology brands from Dr Reddy's for Rs 275 crore. In January Eris had bought some derma brands from Glenmark Pharma as well
DLF's luxury high-rise witnesses pre-launch sales of more than Rs 8,000 cr. Real estate major DLF has witnessed a record breaking pre-formal launch sales of more than Rs 8,000 crores for its luxury high-rise ;The Arbour' project in just 3 days
Boat elevates Vivek Gambhir as Chairman; co-founder Sameer Mehta new CEO. Earwear brand Boat on Thursday said it has elevated CEO Vivek Gambhir to Chairman of the company. Boat co-founder Sameer Mehta will take on the role of CEO and Managing Director. Gambhir, in his new role as Chairman, will continue to guide the leadership t
Xiaomi's shift in India to premium smartphones helps Samsung steal crown. While Xiaomi remained focused on selling mobile phones under 10,000 rupees (0), Indian consumers were willing to pay up for better looking models with richer features
DLF sells 1,137 flats in Gurugram for over Rs 8,000 crore within 3 days. Realty major DLF Ltd on Thursday said it has sold 1,137 luxury apartments, priced Rs 7 crore and above, in its housing project in Gurugram for over Rs 8,000 crore within 3 days, reflecting a strong demand for premium flats across major cities. In a regulat
ADIA to invest 0 mn in Lenskart, hold 10% stake in eyewear retailer. The fundraise was done at a .2 billion valuation, according to the sources. It will result in ADIA becoming one of the largest shareholders in Lenskart with a 10 per cent stake, say sources
Here's what a top lawyer thinks of entry of foreign law firms into India. Reversing a decades-long stance, the Bar Council of India this week permitted firms from certain countries to register in India, open offices and advise local clients on international law
No 'negative impact' after promoter shareholding freeze: Patanjali Foods. Company backed by yoga guru Baba Ramdev failed to meet Sebi's public shareholding rule within deadline
Bharti-backed OneWeb to launch 36 satellites with Isro by March end. Company's eighteenth launch will complete global constellation of satellites connecting connect enterprises and governments
Zee Entertainment set to repay IndusInd million to wrap Sony deal. The settling of dues of about Rs 837 million ( million) to the lender could happen as early as Friday and the Mumbai-based bank has agreed to withdraw its insolvency proceedings
Indian industries stock up on coal to avoid shortages during summer. The fear of disruptions to mine output when monsoon rains begin a couple of months later is also a factor
LinkedIn adds AI-powered writing suggestions, job descriptions to service. Professional networking platform LinkedIn has added AI-powered writing suggestions and job descriptions to its services, becoming the latest platform to join the generative AI bandwagon
ED searches Franklin Templeton officials' homes for alleged irregularities. Sebi in 2021 barred firm from launching new debt schemes for violating norms in winding up of 6 debt schemes
Here is the reason why Disney+ Hotstar is ending its partnership with HBO. The disagreement on HBO's asking price of million yearly for a five-year deal was a contentious issue between the two entertainment giants
myTVS selects Oracle cloud applications to improve business processes. Applications will improve the speed and quality of decisions, says TVS Mobility group company
Eris Lifesciences Ltd buys 9 dermatology brands from Dr Reddy's for mn. Eris and Dr. Reddy's did not immediately respond to Reuters' requests seeking the names of the dermatology brands
Luxor aims to be Rs 1,000-cr company in 3-5 years, partners with Schneider. Luxor Writing Instruments and Germany's Schneider Pen on Thursday announced a collaboration to launch co-branded products in the Indian market. Under the partnership, Schneider will provide technology and transfer it to Luxor in India for manufacturing. It
Snapchat puts parents in control, introduces 'Content Controls' for kids. Snap, the parent company of Snapchat, has rolled out a new feature for Family Center, called "Content Controls", which will allow parents to limit the type of content their teens watch on the app
Amid global tech churning, Salesforce announces expansion plans in India. As tech companies go through churning at a global level, enterprise software major Salesforce on Thursday announced to spread its India footprint by expanding the Centre of Excellence (CoE)
Vedanta Resources repays 0 mn in loans to Standard Chartered Bank. Mining mogul Anil Agarwal-led Vedanta Resources Ltd (VRL) has repaid USD 250 million in loans that the company took from Barclays Bank and Standard Chartered Bank, according to regulatory filings. The company had earlier said it has enough means to meet d
OYO launches accelerator programme for first-generation hoteliers. It will provide technology, relationship managers, financial support, and access to OYO's network
OYO rolls out accelerator programme for small first-generation hoteliers. Hospitality tech platform OYO on Thursday said it has rolled out an accelerator programme, which will provide financial assistance, mentorship and guidance to selected small first-generation hoteliers. Hotel owners with more than five running hotels are el
Malaysia's Petronas offers 0 mn for stake in NTPC's green arm: Report. The deal was the first time an Indian state-run company has offered a stake in a renewable energy arm and comes as the country's renewables sector is attracting increasing foreign investment
Biyani withdraws resignation from post of exec chairman, director of FRL. The letter was received by the by resolution professional through e-mail on Tuesday
India adds 23 unicorns in 2022, overtakes China for 2nd consecutive year. India overtook China by adding 23 unicorns in 2022 while the neighbouring country created 11 such startups with valuation of USD 1 billion or more, according to a report released on Wednesday. For the second time in a row, India topped China creating 23 un
India set for most modern digital infra with its 5G pace: Ericsson CEO. We are already exporting 5G base stations made in India, Nokia CEO Pekka Lundmark says
Adani Transmission Ltd certified as single-use plastic-free company. Adani Transmission Ltd has been recognised as a 'single-use plastic-free' company by the Confederation of Indian Industry-ITC Centre of Excellence for Sustainable Development. The company has been certified for its successful voluntary implementation of si
Samsung to invest 0 bn on 5 advanced chip plants to get competitive edge. Samsung forecast the global chip market to shrink 6 percent on-year to reach 3 billion this year, due to a sharp drop in demand
Deepak Mohanty new PFRDA chairperson, Mamta Shankar named whole-time member. Mohanty was whole-time member (economics) of PFRDA and retired in May 2022
RailYatri penalised for data leak, app restored after security measures. The government penalised the RailYatri app custodian company for a data leak and the app was restored after taking necessary security measures, Parliament was informed on Wednesday. Minister of State for Electronics and IT Rajeev Chandrasekhar in a written
Defence start-up Hyper Stealth Technologies bags first order under iDEX. Hyderabad-based HSTPL has got an order from Indian Army for Integrated Mobile Camouflage System
Mindspace raises Rs 550 cr through green bond to finance projects. Issue had participation from leading insurers, mutual funds, other investors: Real estate firm
Google is not just dominant but 'super dominant', CCI tells NCLAT. Argues that competition law puts onus on Google not to abuse its dominant position and not allow its conduct to impair genuine undistorted competition
JSW Energy board approves allotment of 25,000 NCDs to raise Rs 250 cr. JSW Energy board on Wednesday approved allotment of 25,000 non-convertible debentures (NCD) on a private placement basis to raise Rs 2,500 crore. "Finance Committee, at its meeting held on 15th March 2023, approved the allotment of 25,000 Unsecured, Redeem
Kishore Biyani withdraws resignation from FRL's suspended board as Chairman. Almost one and a half months after resigning from the suspended board of debt-ridden Future Retail Ltd, Kishore Biyani has withdrawn his resignation. The Resolution Professional of Future Retail Ltd (FRL), which is currently going through an insolvency res
Air India's 3 international flights affected due to tech issues in 2 days. At least three international flights of Air India have been affected in two days due to technical issues, according to sources. The flights from Chicago and Vancouver were cancelled on Tuesday as the aircraft was grounded on account of technical issues. Bo
Around 62% employers intend to hire women in stem roles, says study. The study is based on a survey of 250 employers and 500 employees of organisations from 12 sectors conducted by digital talent company NLB Services and NTT DATA
Jubilant plans to grow Popeyes India network to 250 restaurants in 5 years. US fried-chicken chain Popeyes made its debut in India with the opening of its first restaurant in Bengaluru in January 2022, followed by rapid expansion to 12 restaurants in Bengaluru
Adani's investor Elara also a co-owner with conglomerate in ADTPL: Report. Elara holds a 1.6 per cent stake in Adani Enterprises, 3.62 per cent in Adani Transmission and 1.62 per cent in Adani Total
Top headlines: FPIs seek six more mths from FinMin, 1st India chip fab soon. Business Standard brings you the top headlines at this hour
Neelkanth Mishra resigns from Credit Suisse, to head research at Axis Bank. He is part of Indian Prime Minister Narendra Modi's Economic Advisory Council and head of research at Credit Suisse's local unit, according to the bank's website
Japanese startup tells new hires they need to know ChatGPT for job. The startup, which focuses on promoting digitizing business transactions, is confident it's on the right side of a growing divide over the use of the technology
One Impression raises mn in series-A funding from Krafton, others. Influencer marketing platform One Impression on Wednesday said it raised USD 10 million in series-A funding round led by South Korean gaming major Krafton Inc and others. The Gurgaon-based startup claims to have helped over 500 brands, including the likes
Amazon Web Services served Rs 549 crore income tax demand notice: Report. AWS: The income tax department has reportedly raised the demand for Rs 190.85 crore tax for 2014-15 and Rs 358.27 crore for 2016-17 by invoking Section 147 of the Income-tax Act
Indian companies need to reduce corporate flying emissions: Report. Globally, only 50 companies out of 322 have set targets to reduce business travel, with technology company Wipro paving the way in India
Suzuki Motorcycle ties up with Standard Chartered to give funds to dealers. Suzuki Motorcycle India on Wednesday said it has joined hands with Standard Chartered Bank to provide wholesale funding to its dealer partners for vehicles and spare parts. The initiative will support the company's dealer partners across the country and en
Shriram Finance looking to sell 15% stake in housing finance arm: Report. Shriram Housing Finance Ltd., which offers home loans, largely in the affordable housing segment, has received interest from several private equity players, including BPEA EQT, formerly Baring PE Asia
Three in every five companies in India want to hire STEM-qualified women. The rise in demand for STEM-qualified women is expected to rise the highest in the retail and e-commerce industry
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