NSE share market NEWS tomorrow (15 March, 2023). NSE stocks in NEWS (tomorrow)
NSE share market NEWS tomorrow (15 March, 2023). NSE stocks in NEWS (tomorrow) These are NSE stocks which will be in NEWS tomorrow as on 15 March 2023
Kpit Technologies was amongst the top gainers, currently trading at 847.30 in NSE with 5.323 times change in volumes and 8.838% change in price. Other gainers included Adani Enterprises with 5.799% price change and 0.97 times volumes, Adani Green with 4.858% price change and 0.392 times volumes, Kaynes Technology with 4.565% price change and 2.097 times volumes, and Indian Energy with 4.233% price change and 5.017 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.
Phoenix Mills was amongst the top losers, currently trading at 1232.70 in NSE with 1.728 times change in volumes and -4.527% change in price. Other losers included Astral Poly with -2.906% price change and 0.895 times volumes, Rbl Bank with -2.842% price change and 0.739 times volumes, Samvrdhna Mthrsn with -2.538% price change and 0.708 times volumes, and Inox Wind with -2.452% price change and 0.832 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.
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
Samsung to build 'mega' chip cluster near Seoul, sets aside 0 billion. Samsung Electronics said on Wednesday it expects to invest 300 trillion won (USD 230 billion) over the next 20 years as part of an ambitious South Korean national project to build the world's largest semiconductor manufacturing base near the capital, Seoul
Hero Electric to roll out 1 million vehicles per year for next 2-3 years. Hero Electric on Wednesday said it is set to roll out over 10 lakh vehicles annually in the next two to three years from its manufacturing units in India. The company, which launched new versions of its three electric scooter models priced between Rs 85,00
SVB fall: Nazara Tech says Rs 60 cr successfully shifted to other accounts. Nazara Technologies on Wednesday said that out of Rs 64 crore held by its two step down subsidiaries in Silicon Valley Bank, Rs 60 crore has been successfully transferred to bank accounts outside of SVB. The balance Rs 4 crore remains in SVB accounts for u
Urban Ladder to double its retail store presence in India by March 2024. Furniture and home decor brand Urban Ladder, which on Wednesday opened its 50th store, said it plans to double this store count by March 2024. The company, which opened its latest store in Kolkata, has rapidly scaled up its offline presence in the last nin
Vedanta repays 0 million to Standard Chartered Bank via encumbrance. Recently, Vedanta said that it has prepaid all its debt that was due for repayment till March 2023
Delivery execs highest paid as freshers in Blue/Grey collar sector: Study. The data shows delivery workers in Chennai and Bengaluru are paid more than those in Mumbai and Kolkata. Workers with over four years' experience also earn more than those in other cities
Garment producers demand Rs 200 cr dues from Kishore Biyani's Future Group. The All India Garment Manufacturers & Vendors Association (AIGMVA) has demanded that Future Group owner Kishore Biyani should pay up their dues of over Rs 200 crore pending since 2019, here on Wednesday.
LIC sells 2% stake in NMDC between Dec and Mar, gets over Rs 700 crore. Life Insurance Corporation (LIC) on Wednesday said it has sold 2 per cent of its equity stake in state-owned NMDC, taking its total shareholding in the public sector unit to 11.69 per cent as of March 14. In a regulatory filing, LIC said its holding in NMD
CCI approves acquisition of 100% equity share capital of L&T IDPL, KTL. The Competition Commission of India (CCI) approved the acquisition of 100 per cent of the equity share capital of L&T Infrastructure Development Projects Limited (L&T IDPL) and Kudgi Transmission Limited (KTL), by Epic Concesiones Private Limited (ECPL) an
Indian startups able to withdraw up to 0mn from SVB: Report. The collapse of SVB in the US had left the Indian startup ecosystem worried. More than 1,000 Indian startups were likely to have exposure to the SVB
Credit Suisse leads Europe bank stock rout after short-lived SVB respite. A fresh 18% drop in embattled Swiss lender Credit Suisse led the wider European banking index lower
European bank stocks under pressure; Credit Suisse tumbles to a new low. Investors rushed back into safe-havens, with two-year German bond yields down 21 basis points at 2.71%
HDFC Bank, Flipkart Wholesale launch co-branded card for latter's members. The product will offer users 5% cashback on Flipkart Wholesale online spending. Members can apply for the card directly at Flipkart Wholesale stores and on its Best Price Flipkart Wholesale app
Initial public offering of Udayshivakumar Infra to kick off on Mar 20. The initial share sale of Udayshivakumar Infra Ltd is set to open for public subscription on March 20. The three-day initial public offering (IPO) would conclude on March 23. The bidding for anchor investors would open on March 17, the red herring prospect
'Complete fiction': Zoho CEO Vembu denies wife's allegations in magazine. Article in Forbes magazine says he wife and their special needs son in the US
Air India ties up with Salesforce to improve customer experience. Airline to use Salesforce's products with AI as it implement five-year transformation plan
Samsung S23 Ultra AI doesn't use any image overlaying to Moon pics: Samsung. Amid the ongoing debate over Samsung S23 Ultra and photos of Moon clicked by the device, the South Korean giant on Tuesday told IANS that the artificial intelligence (AI)
Toys 'R' Us shuts Hyderabad store within 24 hrs of opening over legal issue. American toy and clothing retailer Toys 'R' Us is said to have shut within 24 hours a store it opened in Hyderabad to mark its second entry into India over some legal complexities with the mall owner, sources said. Toys 'R' Us opened a store in Sarath city
Deals plunge by 60% to .8 billion in February on deepening funding winter. The deepening funding winter that the startups face and the near dry-up of IPOs singed the deal street as the total value of deals plunged by 60 per cent to USD 1.8 billion in February, shows an analysis. According to Grant Thornton, the industry saw just
Bikano sets up new plant in Greater Noida, seeks Rs 1,800 cr turnover. Packaged foods company says it aims to have more customers with omni-channel approach
CCI clears Reliance's over 0 million buy of Metro's local business. Metro has been active in the Indian market since 2003 and reported sales of about Rs 7,700 crore for the financial year ended September 2022
Reliance Jio eyes postpaid segment with new family plans, free trial. Jio has been slow to grow in the postpaid segment and the move will pit it against Bharti Airtel
Reliance buyout of METRO Cash & Carry India gets CCI's clearance. METRO India began operations in India in 2003 and was the first company to introduce a cash-and-carry business format in the country
NDTV shares revised share-holding pattern with govt, says I&B minister. Ministry of Information and Broadcasting has shared the revised share-holding pattern and the names of proposed new directors of NDTV for security clearance with the Union home ministry, the Lok Sabha was informed on Tuesday. Adani Group gained control of
SVB resolution reassuring, will bring relief to startups: Ashwini Vaishnaw. Amid US administration's move to backstop collapsed Silicon Valley Bank's (SVB) despoits, IT minister Ashwini Vaishnaw has said the developments are "reassuring" and will bring relief to startups. The Biden administration in the US has announced that depos
Amid tech layoffs, Ronnie Screwvala's upGrad reports uptick in upskilling. upGrad works with over 400 global companies to upskill their talent
Three years, 4,700 complaints against domestic airlines: Govt data. The grievances are taken up with the airlines concerned. If the complainant is not satisfied he/she can file an appeal
HCC, MEI bag Rs 3,681-crore bullet train station project from NHSRC. Hindustan Construction Company Ltd (HCC) in a joint venture with Megha Engineering & Infrastructures Ltd (MEIL) has bagged a Rs 3,681 crore project for construction of a bullet train station, a statement said on Tuesday. The contract was awarded by the Nat
Mahindra unit in Bangladesh winds up operations, ceases to exist. Mahindra & Mahindra on Tuesday said its wholly-owned unit Mahindra Bangladesh Pvt Ltd has ceased to exist. Mahindra Bangladesh Pvt Ltd (MBPL) convened the final extraordinary general meeting of its shareholders on March 14, 2023 and approved the final volu
Vedanta Aluminium signs pact with Dalmia cement to supply industrial wastes. Vedanta Aluminium on Tuesday said it has entered into a long-term pact with Dalmia Cement for supply of industrial wastes such as fly ash and spent pot lining for manufacturing low carbon cement. Under the pact, Vedanta's mega aluminium smelter at Jharsugu
Microsoft inks Xbox game deal with Boosteroid cloud gaming platform. Microsoft said Tuesday that it has struck a deal to make Xbox PC video games available on the Boosteroid cloud gaming platform, its latest move to appease antitrust regulators scrutinising its purchase of game maker Activision Blizzard. The US tech giant s
Ola Electric offers buyers to upgrade S1 scooters with new front fork. Ola Electric on Tuesday said it is giving an option to buyers to upgrade their scooters with new front fork amidst concern among them regarding safety of the part. In a tweet, the company noted that there have been some concerns amongst the community aroun
Air India collaborates with Salesforce to improve customer services. Tata Group-owned Air India on Tuesday said it has collaborated with Salesforce to provide improved customer services. "By working with Salesforce, Air India's customer-facing staff across all touchpoints will be empowered with a unified data platform for i
Cipla inks pact with Africa Capitalworks to sell 51% stake in Uganda unit. Drug major Cipla on Tuesday said it has inked a pact with Africa Capitalworks to sell a 51.18 per cent stake in Uganda-based Cipla Quality Chemical Industries Ltd. The company and its wholly-owned subsidiaries, Cipla (EU) Ltd and Mauritius-based Meditab Ho
NCLT approves GAIL's Rs 2,079 cr resolution plan for JBF Petrochemicals. The National Company Law Tribunal (NCLT) has approved the state-owned GAIL's Rs 2,079 crore resolution plan for JBF Petrochemicals, which owed Rs 7,918 crore to a consortium led by IDBI Bank. "We being satisfied approve the resolution plan submitted by GAI
Where will startups turn to now that the Silicon Valley Bank is gone?. Silicon Valley Bank became the financier to tech stars by offering an array of products tailored to their needs, that few other institutions dared
Top-level exits at Infosys do not impact long-term growth: Experts. Mohit Joshi has joined Tech Mahindra as its CEO and MD. Experts have said that the development is consequential given the macroeconomic circumstances
Jaguar Land Rover join hands with Tata Tech for digital transformation. Tata Motors-owned Jaguar Land Rover on Tuesday said it is partnering with Tata Technologies to accelerate its digital transformation. As part of the collaboration, Tata Technologies will deliver end-to-end integrated Enterprise Resource Planning (ERP) to t
Glenmark Pharma receives USFDA approval for generic antibiotic drug. Glenmark Pharmaceuticals on Tuesday said it has received approval from the US health regulator to market a generic antibiotic drug. The company has received final approval from the US Food & Drug Administration (USFDA) for Clindamycin Hydrochloride Capsule
LIC appoints Tablesh Pandey as managing director, effective April 1. Life Insurance Corporation (LIC) on Tuesday said it has elevated Tablesh Pandey, executive director of the company, as its managing director. His appointment is effective from April 1, 2023, according to a regulatory filing. Pandey will replace present man
HPCL in pact to manufacture, distribute, and market Chevron's lubricants. Hindustan Petroleum Corporation Ltd (HPCL) has entered into an agreement to manufacture, distribute and market lubricants of global supermajor Chevron in India, the two companies said on Tuesday. "Chevron Brands International LLC (Chevron), a subsidiary of
Fragrance, flavour industry to touch over bn in 3-4 years: Industry body. The fragrance and flavour industry of the country is likely to grow around 12 per cent each year and touch over USD 5.2 billion in three to four years , an apex body of the industry said. This growth will be driven by factors like rising disposable incomes
Siddhartha Mohanty appointed interim LIC chairperson for three months. M Jagannath and Tablesh Pandey named as managing directors of state-owned firm
SVB crisis: Why biz world should worry about the decline of liberal arts. Most companies will have to grapple with the question of establishing the right division of labor between knowledge workers and intelligent machines
IBC provisions cannot be turned into debt recovery proceeding: NCLAT. The National Company Law Appellate Tribunal on Monday said the provisions of the Insolvency & Bankruptcy Code (IBC) cannot be turned into a debt recovery proceeding as the idea of this special code is to bring a debtor company back on its feet. Setting asi
Welspun One Logistics Parks launches second fund of Rs 2,000 crore. Welspun One Logistics Parks, an integrated fund and development management platform focused on warehousing and industrial realty, on Monday launched its second fund of Rs 2,000 crore, including a green shoe option of Rs 1,000 crore. Welspun launched the fi
Ayurveda firm TAC raises Rs 100 cr in funding for business expansion. Company will use money for manufacturing, research, expanding offline presence
Embassy Office Parks REIT to invest Rs 300 crore on green initiatives. Embassy Office Parks REIT on Monday said it has committed over Rs 300 crore for ongoing green initiatives across its commercial projects. In a regulatory filing, Embassy REIT informed that the company has "committed over Rs 300 crore to its ESG (environmen
Govt has not set up any committee to probe Adani Group, says minister. The government has not set up any committee to probe allegations a US short seller labelled against the Adani Group, but stock market regulator SEBI is investigating market allegations against the group, the Lok Sabha was informed on Monday. A separate inv
With US govt action, looming risks to Indian startups have passed: MoS IT. Minister of State for IT Rajeev Chandrasekhar on Monday said that with US Government's latest action on Silicon Valley Bank, the looming risks to Indian startups have passed, as he added that the learning for Indian startups from this crisis is to trust In
SVB fallout: US admin's statement positive outcome, says Nazara Tech CEO. Nazara Tech, whose two step-down subsidiaries have Rs 64 crore deposits in Silicon Valley Bank, on Monday said the US administration's statements on protecting depositors for the entire amount is a "positive outcome" and gives confidence about the recovery
NCLAT set aside Nike India's plea to initiate insolvency against its dealer. The National Company Law Appellate Tribunal (NCLAT) on Monday dismissed a petition filed by Nike India to initiate insolvency proceedings against one of its dealers. A two-member NCLAT bench upheld the orders of the National Company Law Tribunal (NCLT), wh
GAIL declares interim dividend of 40% for financial year ending 2022-23. India's largest gas firm GAIL on Monday declared an interim dividend of 40 per cent or Rs 4 per equity share for the financial year ending March 31 (2022-23). The total dividend payout would be Rs 2,630 crore, the company said in a statement after its boar
JAL approaches NCLAT against NCLT order on Jaypee Infratech matter. Jaiprakash Associates has approached the insolvency appellate tribunal NCLAT against the NCLT order relating to the distribution of Rs 750 crore in the Jaypee Infrastructure matter. The amount was deposited with the Supreme Court registry by Jaiprakash Ass
BharatPe strongly denies out-of-court settlement talks with Ashneer Grover. Fintech platform BharatPe on Monday said that there are no settlement talks going on between the company and its former founder and Managing Director Ashneer Grover
Koo launches new feature to enable creators to compose posts using ChatGPT. India's microblogging platform Koo on Monday announced that it has launched a new feature to enable creators to compose and draft posts using ChatGPT. The feature is available to eminent or verified profiles on Koo and will be rolled out to all users soon,
Blackstone sells 20.50% stake in Sona BLW Precision for Rs 4,917 crore. Private equity firm Blackstone on Monday sold its 20.50 per cent stake in auto component maker Sona BLW Precision Forgings for Rs 4,917 crore through an open market transaction. Blackstone, through its affiliate Singapore VII Topco III Pte Ltd offloaded th
Kedaara buys majority stake in Oliva Skin & Hair Clinic for million. Oliva Skin & Hair Clinic, which is a medico-aesthetic dermatology services player, has said it has sold majority stake to Kedaara Capital for a consideration of USD 65 million (around Rs 530 crore). With its third investment in the single speciality health
SVB resolution reassuring, will bring relief to startups: Ashwini Vaishnaw. Amid US administration's move to protect depositors of Silicon Valley Bank, IT Minister Ashwini Vaishnaw on Monday said that the SVB resolution is "reassuring" and will bring relief to startups. The Biden administration has announced that depositors of the
Firms that didn't sign Google contracts became extinct, says CCI. Google's alleged anti-competitive agreements prohibited original equipment manufacturers from producing a version of the OS that had not been approved as Android-compatible by Google
Paytm monthly transacting users surge to 89 mn, leads offline payments. Leading digital payments and financial services company Paytm on Monday announced its business operating performance for the two months ended February 2023
Hyundai Motor considers buying General Motors India's Talegaon plant assets. A Term Sheet has been signed for the potential acquisition of identified assets of the plant like land and building, certain machinery and equipment situated at the General Motors India's plant
SaaS firm Freshworks says exposure to Silicon Valley Bank minimal. Chennai-based company says 'vast majority' of its finances not held at failed US lender
Nokia join hands with Netplus to deliver broadband services in India. Nokia on Monday announced that it has entered into a partnership with Netplus Broadband, an Internet Service Provider (ISP), to deliver future-proof and world-class broadband services in India
Fitch Affirms 'BBB-' ratings for Adani Electricity Mumbai's dollar bond. Hindenburg report has limited near-term impact on cost of funding
SVB collapse brings Softbank's startup financing under investors' lens. Now investors are cautiously pulling back despite the overnight pledge from US authorities to rescue the US lender that sits at the heart of Silicon Valley's venture capital ecosystem
BrightNight, ACEN ink 0 mn pact for India renewables buildout. Renewable power producer BrightNight on Monday announced its partnership with ACEN Corporation and plan to deploy USD 250 million equity for the development and operation of BrightNight's 1.2 GW renewable energy portfolio. BrightNight and ACEN will partner
SC to hear Torrent plea against NCLAT allowing 2nd RCap auction on March 20. The second-round auction, scheduled for March 20, will not take place now, further delaying the resolution process of RCAP
Warehousing developer Pragati Group raises 0mn from Singapore based fund. / -- NCR-based Industrial and Logistics real estate developer Pragati Group, has raised 0 Million of equity capital from a Private Equity fund based in Singapore. Pragati has been offering customized warehouse development solutions since its inception i
Shriram Finance aims to raise .44 bn in FY24 to fund growth: Official. The retail non-banking finance company (NBFC) aims to grow its assets under management (AUM) by 15% in fiscal 2024 to around 1.9 trillion rupees to 2 trillion rupees
Hyundai signs agreement to acquire General Motors 's Talegaon plant. Maharashtra facility can produce 1.3 million cars and 1.6 million engines annually
LIC's debt exposure in Adani group companies dips marginally to Rs 6,183 cr. LIC's debt exposure in Adani group companies fell marginally to Rs 6,183 crore as of March 5 from Rs 6,347 crore as of December 31, 2022, Parliament was informed on Monday. In a written reply to the Lok Sabha, Finance Minister Nirmala Sitharaman said, "The
Mahindra & Mahindra sells over 6% stake in Mahindra CIE Automotive. Mahindra & Mahindra on Monday said it has sold over 6 per cent stake in Mahindra CIE Automotive. The company has sold 2,29,80,000 equity shares representing 6.05 per cent of the paid-up share capital of Mahindra CIE Automotive Ltd, a listed unit of the com
Pfizer to acquire Seagen for bn to deepen reach into treating cancer. Pfizer will spend USD 43 billion to buy Seagen and deepen its reach into treating cancer. The pharmaceutical giant said Monday that it will pay USD 229 per Seagen share. Together, Pfizer and Seagen seek to accelerate the next generation of cancer breakthro
RCap insolvency: SC agrees to hear Torrent plea against NCLAT order. Hearing on March 20; second round of auction of RCap auctions allowed by NCLAT stand deferred, say lawyers
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