NSE share market NEWS tomorrow (16 January, 2023). NSE stocks in NEWS (tomorrow)
NSE share market NEWS tomorrow (16 January, 2023). NSE stocks in NEWS (tomorrow) These are NSE stocks which will be in NEWS tomorrow as on 16 January 2023
Adani Green was amongst the top gainers, currently trading at 2089.80 in NSE with 10.375 times change in volumes and 9.091% change in price. Other gainers included Varun Beverages with 6.304% price change and 0.828 times volumes, Union Bank with 5.333% price change and 2.873 times volumes, Punjab National with 3.697% price change and 1.685 times volumes, and Delhivery with 3.404% price change and 0.268 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.
Fsn E was amongst the top losers, currently trading at 140.25 in NSE with 1.966 times change in volumes and -4.98% change in price. Other losers included Avenue Supermarts with -4.797% price change and 6.387 times volumes, Astral Poly with -3.504% price change and 1.513 times volumes, Rail Vikas with -3.457% price change and 0.929 times volumes, and Jindal Steel with -3.361% price change and 1.426 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.
BoM Q3 profit more than doubles to Rs 775 cr, lender mulls 5% stake sale. State-owned bank may come out with qualified institutional placement of equity shares in the last quarter of FY23
After criticism, Byju's introduces new process to verify customer consent. Technology-drive policy to check all sales thrice, says edtech giant
Air India is set to order around 500 planes: AirLease Corp's exec chairman. Industry sources say finalising the proposed deal depends on ongoing negotiations with engine makers
Statutory auditors to submit annual transparency report, says NFRA. Salaries of partners; audit, non-audit fees; details of network firms among information to be shared
Spencer's Retail casts net wide to reel in value-conscious consumer. Hypermarket chain to focus on tier III, IV cities, launch to be held in phases
Why have different standards for India and Europe: SC to Google. Court asks US technology giant to explain if it will put up the same regime for Android devices in India as it had abroad
Siemens signs Rs 26,000-crore locomotive order with Indian Railways. The contract is the single biggest order for Siemens, the company said in a disclosure to the stock exchanges, and will be used for freight transport
JSW Ispat Special Products Q3 consolidated net loss widens to Rs 97.98 cr. The company had posted a Rs 27.12 crore net loss in the year-ago period, according to a statement
Google-backed ShareChat, Dunzo hand out pink slips to employees. This comes amid the current funding crunch in the Indian start-up ecosystem
Saab scraps agreement with Adani to build fighter aircraft in India. Saab and the Adani Group had announced their partnership on August 31, 2017
Indian start-ups witness decline in hiring; struggle with attrition: Study. According to the study, over 64 per cent of the respondents wanted to shift jobs for a 'stable job'
WEF 2023: ReNew Power explores green hydro project in India, Egypt. The firm, which now generates nearly 1.8% of India's total electricity annually, has a total capacity of 13 Gigawatts (GW) of wind and solar, including projects in the works
WEF Davos 2023: Adani Group pledges to grow 100 million trees by 2030. "Restoring ecosystems, reversing loss of biodiversity, and reducing soil erosion are all essential for building a greener world," Gautam Adani said
National Cooperative Society to have Rs 500 crore share capital. National Dairy Development Board (NDDB), Amul and NAFED will be among the five promoters of the newly announced national-level cooperative society for organic food products, which will focus on enhancing farmers' income by improving production, certificati
Drug pricing regulator NPPA revises ceiling prices of 128 medicines. As per the notification, the ceiling price of one Amoxicillin capsule has been fixed at Rs 2.18; one tablet of Cetirizine at Rs 1.68
Fortis in Bengaluru completes 500 robotic aided urology procedures. The 500 robot-aided surgeries include complex robotic procedures encompassing the entire gamut of Uro-Oncology, Uro-Gynaecology, Reconstructive Urology and Kidney Transplant
Fractal Growth Partners eyes 0 mn fund to invest in Indian tech startups. "It's targeting investments of million to million per target company and plans to close the investments in about five years"
D-Mart hits six-month low as Q3 margins drop to 8.34% due to weak demand. It said the decline mainly reflected a change in product mix and weaker-than-expected discretionary non-FMCG sales
ShareChat, Dunzo to join list of startups planning mass layoffs in India. Rebel Foods, which has brands like Behrouz Biryani and Oven Story, has also reportedly cut its headcount
Logistics management firm Locad raises million in Series-A funding. Locad's logistics engine works with brands such as Levi's, Reckitt Benckiser, and Emma Sleep
Around 58% builders expect housing prices to rise further in 2023: Survey. As many as 341 real estate developers from various parts of the country participated in the joint survey conducted during the last two months
Indian startups need to reserve cash, listen to customers to stay afloat. Indian startups fired more than 18,000 employees in 2022 amid a funding winter and macroeconomic uncertainty
Broadcaster Viacom18 bags Women's IPL five-year media rights for Rs 951 cr. Attention shifts to auction for five teams in the Women's IPL on January 25; bids accepted till Jan 23
Google-backed ShareChat lays off 20% workforce; 500 people to be impacted. Indian startups raised billion last year, a third lesser than in 2021, according to Venture Intelligence
91 tech companies lay off over 24,000 employees in first 15 days of January. The number of layoffs reached its nadir in November, which saw 51,489 tech workers lose their jobs
Wheels India starts exports of wheels with advanced flow form technology. The company said the flow form technology involves the application of pressure to the inner barrel of the wheel while spinning and after it has been casted
Fitch downgrades Azure Power Energy's rating on governance concerns. There is lack of clarity in impact of holding company's internal controls and compliance framework: Rating agency
Paytm bank gets RBI nod to operate as Bharat Bill Payment Operating Unit. So far, Paytm Payments Bank Ltd (PPBL) has been undertaking this activity under in-principle authorisation from RBI
Swiggy announces free ambulance service for all delivery executives. Food delivery firm partners with Dial4242 Ambulance Services for 'industry-first initiative'
Federal Bank Q3 net profit up 54% at Rs 803.61 cr, asset quality improves. Net interest income increases 27.14% year-on-year to Rs 1,956.53 crore in, says private sector lender
Zydus gets USFDA nod to market generic medicine for treating depression. Levomilnacipran is a serotonin and norepinephrine reuptake inhibitor indicated for the treatment of major depressive disorder (MDD) in adults
India Inc likely to see 9.8% hike in salary in 2023, finds survey. The survey that covered 818 organisations with more than 800,000 incumbents noted that salaries are set to increase by 9.8 per cent in India in 2023
Supreme Court to hear plea of Google against NCLAT order on January 18. The Supreme Court said it will hear on January 18 a plea of US tech giant Google against an order of the NCLAT refusing an interim stay on the competition regulator imposing a Rs 1,337 crore penalty
Reliance Industries suspends natural gas auction from KG-D6 block. Reliance Industries Ltd and its partner bp plc on Monday suspended a planned auction for sale of natural gas from their KG-D6 block following changes in gas marketing rules, the firms said in a notice
'Will practice same regime as in Europe?', SC on Google plea on CCI penalty. The Chief Justice added, "Please reflect on this and come back"
Bharti Airtel launches '5G Plus' services in five cities of Uttar Pradesh. The services are already live in Lucknow and Varanasi
Triton EV to acquire AMW Motors' Bhuj manufacturing plant for Rs 210 crore. Triton EV will use the facility for producing EV busses, EV trucks, EV cars and Hydrogen busses as well
CtrlS aims to triple its data centres from existing 8 to 25 by FY25. CtrlS Datacenters Ltd, Asia's Largest Rated-4 data centre provider, is aiming to triple its number of data centres from the existing eight to about 25 by 2024-25. A press release from the firm on Monday said CtrlS is in the process of expanding its footpri
Domestic auto industry scaling up efforts to make electric parts locally. The domestic automobile industry is scaling up efforts to enhance localisation of electronic components in order to curtail dependence on other countries, especially China, as per auto component industry body President Sunjay Kapur. In an interaction with
Coal India should aim to provide electricity at just price: Chairman. State-owned CIL chief Pramod Agrawal has said that the coal behemoth should aim at providing electricity to the county at "just price" as 80 per cent of the company's supplies is directed towards coal-based power plants. Coal India (CIL) accounts for over
Logistics market glows like a 'supernova' with entry of global behemoths. Most of the players are looking to invest anywhere between $ 500 million to a $ 1 billion in the new ventures in the next couple of years
Esports players seek clear definition of online games during consultations. The ministry earlier this month released draft rules for online gaming for public consultation
Greaves Cotton to expand electric 2-wheeler portfolio to build market share. Greaves Cotton Ltd plans to bring electric two-wheelers both in the mass and premium segments going forward as it looks to enhance market share in the domestic market, according to the company's Executive Vice Chairman Nagesh Basavanhalli. The company, whi
BMW increasing focus on India, sees growth potential amid low penetration. German luxury carmaker BMW is increasing its focus on India, buoyed by the best-ever annual sales in 2022 as it sees huge growth potential for market leadership here given the low penetration. Driven by the highest ever number of launches (26 ), and pent-u
Ratan Tata-backed Repos expects to grow three-fold this fiscal to Rs 185 cr. Ratan Tata-backed energy distribution startup Repos is expected to grow by close to three-fold to Rs 185 crore in the current fiscal on account of increased traction for its service among business-to-business clients, a top official of the firm said. Repos
Lalit Modi names his son as successor beneficiary in KK Modi Family Trust. Former IPL Chairman Lalit Modi on Sunday announced his son Ruchir Modi as his successor beneficiary from his family's side in the KK Modi Family Trust with immediate effect. In a social media post, Modi who has been involved in a legal tussle against his m
IIFCL extends Rs 6,630-cr loan for development of airports: MD Jaishankar. To support the massive growth in the aviation sector, the India Infrastructure Finance Company Limited (IIFCL) has extended a credit of Rs 6,630 crore for the development of six major airports in the country and looks forward to increasing its exposure in
Regional carrier Flybig starts flight service from Itanagar to Guwahati. Regional carrier Flybig on Sunday started service from Itanagar to Guwahati. The carrier has commenced flight from Hollongi in Arunachal Pradesh to Guwahati in Assam. "Itanagar is the 10th destination on Flybig network; while the third destination in Aruna
Software company CircleCi confirms hackers stole data of some customers. Several customers have already informed the company of unauthorised access to their systems
NTPC's hydel project not linked to 'sinking' Joshimath, says PowerMin. The union power ministry has now come in support of its wholly owned power generator NTPC Ltd backing its claim that the hydropower project had no role in play in the cracks being witnessed
IT firms see 14-20% topline growth in Q3, raise guard on uncertainties. India's IT services heavyweights delivered between 14-20 per cent on-year growth in topline for December quarter, as they raised guard on global uncertainties and choppy verticals, but remained hopeful that costs as well as business considerations will dri
Amazon, Goldman Sachs employees flood social media with layoff news. Professional networking platforms, such as LinkedIn and Grapevine, were full of stories of layoffs
ReNew setting up solar cell units at Rs 2,000 cr investment in Raj, Guj. ReNew Power is investing Rs 2,000 crore to set up solar cell and module manufacturing units in Gujarat and Rajasthan, its Chairman Sumant Sinha said. The company is also exploring investment opportunities in Uttar Pradesh to expand presence in the country,
India Inc business confidence hits a 2-year high in third quarter. Industry seeks hold on interest rates from RBI
Ready homes likely to hit 6-year high in 2023, says Anarock report. 2023 likely to witness most ready-to-move homes in 6 yrs
Pending deal approvals: Industry participants flag lack of quorum at CCI. With various mergers and acquisitions awaiting CCI approval, industry participants have sought measures to address the issue of lack of quorum at the competition watchdog which does not have a chairperson for more than two months now. Mergers and acquisiti
Breather for Natco in Novartis cardiac drug case from Delhi High Court. May open floodgates for Indian drugmakers to launch the generic version of the drug as early as next week
Tesla cuts vehicle prices in bid to boost flagging demand. With its sales slowing and its stock price tumbling, Tesla Inc. slashed prices dramatically Friday on several versions of its electric vehicles, making some of its models eligible for a new federal tax credit that could help spur buyer interest. The compan
Google says India antitrust ruling to drive up costs for app developers. Alphabet Inc's Google said that India's new antitrust order to change how the company markets its Android platform will drive up costs for app developers, equipment makers, and consequently, consumers
RailTel bags Rs 170.11 cr contract from Puducherry govt for Smart City. RailTel Corporation of India Ltd, a Mini Ratna Public Sector Unit (PSU) under the Ministry of Railways has received a work order from the Department of Revenue and Disaster Management, Government of Puducherry for design, develop, supply, install, test, co
USFDA pulls up Sun Pharma for manufacturing lapses in Halol plant. The US health regulator has pulled up drug major Sun Pharma for manufacturing lapses, including failure to follow appropriate written procedures designed to prevent microbiological contamination of drug products, at its Gujarat-based plant. In a warning le
Voice automation startup Skit.ai lays off over 115 employees: Report. Software-as-a-service (SaaS) voice automation startup Skit.ai has sacked more than 115 employees, mostly from its India team, as part of the "restructuring process" amid the deepening funding winter
LG recalling 56,700 Smart TVs posing serious tip over, entrapment risks. LG Electronics is recalling 56,700 of its huge 86-inch Smart TVs which become unstable while on the assembled stand, posing serious tip-over and entrapment hazards
HDFC Bank's Q3 net profit jumps 18.5% YoY on healthy interest income growth. Strong growth in net interest income boosts bottomline, provisions fall
D-Mart's Dec quarter profit up 6.7% to Rs 589.64 crore, sales rise 25.5%. Avenue Supermarts Ltd, which owns and operates the retail chain D-Mart, on Saturday reported a 6.71 per cent increase in its consolidated net profit to Rs 589.64 crore for the third quarter ended on December 31, 2022. The company had posted a net profit of
RattanIndia Enterprises acquires 100% shareholding in EV maker Revolt Motor. RattanIndia Enterprises Ltd on Saturday said it has completed the acquisition of Revolt Motors which is into manufacturing of electric vehicles. Now Revolt Motors has become a 100 per cent subsidiary of RattanIndia Enterprises Ltd, the company said in a st
RailTel bags Rs 170.11cr contract from Puducherry govt for Smart City. RailTel Corporation of India Ltd, a Mini Ratna Public Sector Unit (PSU) under the Ministry of Railways has received a work order from the Department of Revenue and Disaster Management, Government of Puducherry for design, develop, supply, install, test, co
Startup VilCart raises mn from investors to expand operations. VilCart, the rural economy-focused technology startup, has raised USD 18 million (Rs 144 crore) from investors to expand operations. The company raised this amount in a Series A funding round led by Asia Impact SA. Nabventures Fund and Texterity Pvt Ltd al
After Singapore, Twitter likely to vacate India offices in Mumbai, Delhi. The process for vacating offices was initiated in December last year, according to reports citing sources
Tata Capital Healthcare Fund infuses $ 10 mn in Mumbai Oncocare Centre. MOC, a unit of Cellcure Cancer Center Pvt Ltd, plans to utilise the newly infused capital to expand across India in next 18 months, the company said in a statement
Jio rolls out 5G service in Chhattisgarh; available in 3 cities initially. Chhattisgarh Chief Minister Bhupesh Baghel on Saturday launched Jio 5G service in the state. The service will be initially available in three cities- state capital Raipur, Durg and Bhilai. Jio is the first and only operator to start True 5G services in Chh
CoC approves 90-day extension for Reliance Capital resolution process. Reliance Capital was sent for debt resolution in November 2021 after it defaulted to loans worth Rs 24,000 crore
Private equity major Apax Partners offloads 2.14% in Shriram Finance. Dynasty Acquisition, an affiliate firm of the PE player, sold close to 8 million shares at Rs 1,300 apiece
Tata eyes India, Europe for EV cell manufacturing; plans 10 new models. Tata group is considering setting up plants in India and Europe to produce battery cells for electric vehicles (EV), the chief financial officer of its auto unit said
After Fifa, Reliance to offer free digital streaming of IPL 2023: Report. After its free live streaming of FIFA World Cup on the JioCinema app, Reliance is reportedly looking to disrupt the live sports streaming market as it plans to do digital broadcast of IPL for free
Coca-Cola's bottling arm to revive plans to sell its business: Report. HCCB will sell Coca Cola's 16 factory units and it might take 12 months to conclude the deal
Godrej Properties announces acquisition of 60-acre land parcel in Chennai. The real estate development arm of Godrej Group said it would develop a residential project on the land
Godrej Properties buys 60-acre land in Chennai to develop housing project. In a regulatory filing, the company informed that it has purchased the land on an outright basis in the micro market of Oragadam Junction, Chennai
After China, Tesla now announces price cuts on its electric vehicles in US. Tesla has also announced price cuts in South Korea, Japan, Australia and Singapore
Ratan Tata sets up new endowment trust, likely to fund charities in future. Trusts and foundations are typically set up for estate planning, not investments
L&T partners with H2Carrier to develop floating green hydrogen projects. L&T strongly believes its expertise in ammonia and hydrogen production makes it an 'ideal partner' for H2C in this venture
Vodafone to hand over pink slips to 'several hundred' employees: Report. This comes after Vodafone's November announcement of cost-saving measures worth .08 billion by 2026, in the wake of a deteriorating market outlook
Ola Cabs starts laying-off employees; issues pink slips to 200 people. The company has handed pink slips to 200 people across tech, engineering and product teams as a part of its "restructuring exercise"
HCLTech bags deal to modernise IT operations for US insurer State Farm. Some employees of the American company will transfer to HCLTech and continue providing services
Co-heads of business at .3 bn Centrum Wealth asked to leave the firm. The board of the Mumbai-based firm asked managing directors Ganashyam S. and Arpita Vinay to leave due to a "loss of confidence,"
NCLT clears transfer of Jet Airways' ownership to Jalan-Kalrock Consortium. JKC now has six months to settle its dues and take control of the airline
Google's argument in SC against CCI order contradictory: Indus OS CEO. US tech giant argues regulator's order will stall growth of the Android ecosystem in India
NCLT allows Jalan-Kalrock consortium to take control of Jet Airways. Tribunal gives consortium 180 days beyond November 16 to make payments to creditors, employees
BCL Industries board approves raising Rs 201 crore via issuance of warrants. BCL Industries is the only company in India and the South Asian region to have a forward and backward integrated distillery ethanol plant
Chevron, Exxon, TotalEnergies keen to invest in India: Hardeep Singh Puri. Global energy majors Chevron Corp, Exxon Mobil Corp and TotalEnergies are interested in investing in India's oil, gas exploration and production sector, said India's oil minister, Hardeep Singh Puri
Torrent stalls Reliance Capital resolution, CoC approves 90 days' extension. NCLT Mumbai will resume hearing in the Reliance Capital resolution matter on Monday
Rapido shuts down app in Maharashtra; HC told firm doesn't have licence. Committee set up by Maharashtra government studying guidelines for bike-taxis, court told
Godrej Properties buys land in Chennai worth Rs 100 cr for housing project. Godrej Properties, a part of business conglomerate Godrej Group, is one of the leading real estate developers in the country
Wipro Q3 result: Gross revenue up 14.4% YoY; attrition rate moderates. The revenue expectations from IT Services business for the full year is set to be in the range of 11.5 per cent to 12.0 per cent, in constant currency terms
Zomato CEO bought swanky sports cars after raising funds: Ashneer Grover. Zomato acquired the 10-minute delivery platform Blinkit for Rs 4,447 crore (about 8 million)
Mahindra Lifespace buys 4.25 acre land in B'luru to build housing project. Realty firm Mahindra Lifespace Developers Ltd on Friday said it has acquired 4.25 acre land in Bengaluru to develop a housing project and is expecting revenue of around Rs 400 crore from this property. The company expects to launch the first phase of the p
After founders Roys, some more senior executives of NDTV step down. NDTV made several failed times to block the takeover, citing regulatory restrictions on moving shares
Tech Mahindra opens Google Cloud Delivery Center in Mexico's Guadalajara. Facility will enable customers to modernise infrastructure and manage workloads
Apax Partner plans to sell Shriram Capital stake to raise Rs 2,250 crore. The transaction would be worth Rs 2,250 crore taking into account the stock movement today
NCLT gives approval for merger of multiplex operators PVR and Inox. Detailed order expected in next few days; paves way for India's largest cinema chain
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