NSE share market NEWS tomorrow (09 January, 2023). NSE stocks in NEWS (tomorrow)
NSE share market NEWS tomorrow (09 January, 2023). NSE stocks in NEWS (tomorrow) These are NSE stocks which will be in NEWS tomorrow as on 09 January 2023
Cg Power was amongst the top gainers, currently trading at 289.45 in NSE with 8.955 times change in volumes and 7.204% change in price. Other gainers included Max Healthcare with 4.108% price change and 1.628 times volumes, Kalyan Jewellers with 3.987% price change and 2.103 times volumes, Persistent Systems with 3.711% price change and 0.981 times volumes, and Mahindra Mahindra with 3.593% price change and 1.641 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.
Idea Cellular was amongst the top losers, currently trading at 7.45 in NSE with 2.335 times change in volumes and -4.487% change in price. Other losers included Trent with -2.275% price change and 0.814 times volumes, Titan Company with -2.106% price change and 2.644 times volumes, Hindustan Petroleum with -1.901% price change and 0.813 times volumes, and Kfin Technologies with -1.564% price change and 0.871 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.
Life insurers' new biz premium growth eases to 10% as LIC loses pace. LIC witnessed a moderation in premia because of a decline in group single premia. LIC is the largest player in the group single premium market
TGBL joins hands with PMC to extract clean, green hydrogen from waste. In the meantime, the firm is also in talks with other state municipalities across India to implement and set up similar plants in the future
Gyscoal Alloys' profit jumps to Rs 2.20 cr in Q2; revenue from ops rises. The company posted a jump of 2,787 per cent in its net profit year-on-year (YoY) from Rs 7.64 lakh. On sequential basis, the company's profits jumped by 129.14 per cent from Rs 98.14 lakh
PVR aims to operate 1,000 screens by FY24-end, invest Rs 300 cr: JMD. Multiplex operator PVR aims to operate 1,000 screens by the end of FY24, by adding 100 more screens in the next 15 months, the company's Joint Managing Director Sanjeev Kumar Bijli said. The company, which on Monday achieved the milestone of 900 screens, w
Cleartrip says aiming for growth in flight tickets, hotels business in 2023. The improved performance will be led by revenue growth, expansion in business-to-business (B2B) category and lower marketing spends
Air India didn't report second peeing incident to DGCA; notice issued. This happened on Dec 6 when a male passenger urinated on a vacant seat and blanket of a female co-passenger
Zerodha profit surges 86% to Rs 2,094 crore in FY22; revenue up 82%. Data shows that if Zerodha was listed on the bourses, it would stand to be the 89th most profitable company in terms of profits for FY22
Reliance Jio announces launch of its 5G services in 10 more cities. Telecom operator Reliance Jio on Monday announced the launch of its 5G services in 10 more cities. These include Agra, Kanpur, Meerut, Prayagraj (Uttar Pradesh), Tirupati, Nellore (Andhra Pradesh), Kozhikode, Thrissur (Kerala), Nagpur, Ahmednagar (Maharash
Q3 earnings season kicks off: TCS revenue rises 19%, net profit up 11%. Revenue beat estimates in Q3, profit falls short; N America demand 'vibrant' but challenges remain in Europe
RS Sodhi steps down as Amul MD; Jayen Mehta given interim charge. Jayen Mehta appointed as interim MD with immediate effect of Amul
NCLT rejects Torrent's plea to halt RCap's CoC voting for second auction. The National Company Law Tribunal (NCLT) on Monday rejected a plea by Torrent Investments -- one of the bidders for the Anil Ambani-promoted Reliance Capital -- that sought to halt the Committee of Creditors' voting to hold a second round of auction. The N
TCS headcount down by over 2,000 in the third quarter of FY23. This is the first time since Q1FY21 that the headcount has come down
Lenders begin voting to hold second auction for Reliance Capital assets. The voting was held after the National Company Law Tribunal did not stay the second auction after a petition made by Torrent
Ajmera Realty records Rs 694 crore sales in first nine months of FY23. The sold area also included a recently launched project at Juhu which clocked sales of over 10 per cent of the sales potential on receipt RERA registration during the quarter
HDFC Capital achieves 6-mn initial close for scheme 2 of H-CARE 3. H-CARE 3 Scheme 1 & 2 and HDFC Capital Affordable Real Estate Funds - 1 & 2 have created a US.1 billion funding platform
Star India asks BCCI for Rs 130-crore discount in the existing deal. India's home season media rights holder Star India has asked the BCCI for a Rs 130 crore discount in the existing deal while jersey sponsor BYJU's, which is on its way out, wants the board to encash bank guarantee worth an estimated Rs 140 crore to honour
Paytm's loan disbursals jump 330 per cent in December, GMV up 38 per cent. The number of loans disbursed jumped 117 per cent in December 2022 as compared to December 2021
Paytm reports Rs 3.46 trn in GMV for Q3 FY23, a robust 38% growth. In its stock exchange filing, Paytm said that the aSuper App' continues to see growing consumer engagement for its wide array of payment and financial services
Healthcare edtech start-up Virohan raised mn from Blume Ventures. Company's omnichannel platform trains students in allied healthcare programmes
Tell your client to maintain decorum: HC tells Ashneer Grover's counsel. Delhi High Court was hearing a suit filed by BharatPe seeking, among other reliefs, orders to restrain Grover from making defamatory statements against the company
Toyota Kirloskar Motors restarts booking for Hilux utility vehicle. Car maker Toyota Kirloskar Motor on Monday said it has restarted bookings for its utility vehicle Hilux.
CESL invites bids to lease out 3,500 e-vehicles for period of up to 5 years. State-owned CESL on Monday said it has invited bids to lease out 3,500 electric vehicles for a period of up to 5 years. The bids have been invited from original equipment manufacturers (OEMs)/leasing agencies/NBFCs for leasing the 4-watt battery-based cars
JSW Steel's combined output in Q3 grows 17% to 6.24 MT, says report. JSW Steel on Monday said its combined crude steel production rose 17 per cent to 6.24 million tonne (MT) during October-December period of 2022-23. The combined production during the year-ago quarter was at 5.35 MT, JSW Steel said in a statement. "JSW Stee
Food brand Whole Truth raises mn in series B led by Sequoia Capital. Company will use money for expanding manufacturing, hiring and retail distribution
Jindal Stainless reduced 1.4 lakh tonnes of CO2 emissions in FY22, says MD. The country's largest stainless steel maker Jindal Stainless took various initiatives to reduce 1.4 lakh tonnes (LT) of carbon emissions in the last financial year, its Managing Director Abhyuday Jindal said on Monday. The company aims to be carbon neutral
iPhone exports from India doubled to surpass .5 billion in April-December. While India makes up just a fraction of iPhone output, rising exports bode well for Prime Minister Narendra Modi's plan to make the country an alternative to China as factory to the world
Athulya Senior Care raises Rs 77 cr from fund managed by Morgan Stanley. Financing one of largest for senior care sector in country, will help firm to expand services
ONGC Videsh retakes 20% stake in Sakhalin-1 oil and gas fields of Russia. ONGC Videsh Ltd, the overseas arm of state-owned Oil and Natural Gas Corporation (ONGC), has re-taken a 20 per cent stake in the Sakhalin-1 oil and gas fields in the far east region of Russia, an official said on Monday. Russian President Vladimir Putin in
Adani firm hikes CNG price by Re 1 in Gujarat; to cost Rs 80.34 per kg. Private player Adani Total Gas Limited hiked the price of compressed natural gas (CNG) in Gujarat by Re 1 per kilogram effective from Monday. This has taken the price from Rs 79.34 to Rs 80.34 per kilogram, said Arvind Thakkar, president of Federation of G
Asia-Pacific airlines saw air cargo volumes dip 18.6% in Nov 2022: IATA. As per the International Air Transport Association (IATA), this was the worst performance of all regions and a decline in performance compared to October (minus 14.7 per cent)
Jaguar Land Rover reports 5.9% jump in retail sales in Q3, wholesale up 15%. The company owned by Tata Motors said that it reflects gradual improvement in chip supplies
RS Sodhi resigns as MD of Amul, COO Jayen Mehta to be interim MD. RS Sodhi was in-charge of the company since 2010
Meta appoints former Tata CliQ CEO as global business head in India. Vikas Purohit will lead the company's business vertical teams, agency teams, and business solutions teams
TCS reports 11% net profit jump in Q3, announces dividend of Rs 75 a share. It will have an interim dividend of Rs 8 per share and a special dividend of Rs 67 per equity share
HDFC Capital raises 6 million for affordable housing fund H-Care 3. HDFC Capital, the real estate private equity arm of HDFC Group, on Monday achieved the initial close for second scheme of its third fund, raising USD 376 million. The latest fund raising is the third by HDFC Capital's affordable real estate fund (H-Care 3)
IL&FS completes interim distribution payout of Rs 1,273-cr for RMGSL. IL&FS has completed Interim Distribution pay-out for Rapid MetroRail Gurgaon South Limited (RMGSL), an IL&FS Group company.
Tech giant Apple begins hiring retail store employees in India: Report. Apple's website currently shows over a hundred results for job positions in India.
Airlines in India to add 100 aircraft per year to fly 412 mn passengers. As Indigo Airline has expanded its fleet to 300 aircraft, the countrys airlines' fleet is likely to add over 100 aircraft every year till the next few years
JSPL to invest Rs 1,500 crore to make Monnet Power project operational: MD. Jindal Steel and Power Limited (JSPL) will invest up to Rs 1,500 crore to make recently-acquired Monnet Power operational, its Managing Director Bimlendra Jha said. The investment will be made over the period of the next 12 to 18 months, he said. In Decemb
Discoms' outstanding dues to gencos nearly halved to Rs 62,681 cr in Jan. Total outstanding dues owed by electricity distribution companies (discoms) to power producers almost halved to Rs 62,681.68 crore in January, compared to Rs 1,21,030 crore in same month in 2022. Experts said this substantial reduction in the discoms' tota
Indian Oil chairman will soon also be its managing director, say sources. Most big listed companies globally are run by a managing director or CEO and a chairman presiding over the board of directors with the primary responsibility of protecting the interests of investors. But, India's largest oil company Indian Oil Corporation
Mercedes expects double-digit growth in India this year despite weak rupee. Mercedes plans to launch 10 new cars in India in 2023, most costing more than 10 million rupees (0,000)
Air India fell short, should have been swifter: Tata boss on pee-gate. Tata Group Chairman N Chandrasekaran admitted on Sunday that Air India's response to the incident of a drunk passenger allegedly urinating on a woman on one of its international flights last year should have been "much swifter". In a statement, which came
2 Russian passengers offloaded in Goa for 'misbehaving' with Go First crew. According to the spokesperson, the two foreign nationals abused the crew, and were "teasing the crew, passing remarks on her"
Elon Musk announces tweaks in Twitter interface, long-form tweets from Feb. Twitter is also bringing a much sought-after feature that will help users find specific tweets and profiles by filtering based on date, user, retweet count, hashtags and more
We fell short, Air India should have acted swiftly: Chandra on 'pee-gate'. Union Civil Aviation Minister Jyotiraditya Scindia has promised speedy action in the case
Google rolls out group chat end-to-end encryption for Messages app. Tech giant Google has rolled out end-to-end encryption in group chats for Messages app users enrolled in the beta programme
Samsung's CEO Han Jong-hee expects economic woes to continue this year. Samsung's chief executive has said macroeconomic challenges will persist throughout this year, amid sluggish demand, rising materials and logistics costs
Offices absorb Covid-19 pandemic shock in 2022, post 3-year growth record. According to industry reports, southern cities, especially Bengaluru, Chennai and Hyderabad, are emerging as leading hubs in office space leasing owing to robust demand from tech and flex players
Microsoft may add OpenAI writing technology to Office, other apps. Tech giant Microsoft will reportedly add OpenAI writing tech to Office, providing users with a way to compose the text for projects by incorporating AI technology into its apps
Paytm Payments Bank gets RBI nod for Surinder Chawla as new MD and CEO. Chawla is a veteran banker with over 28 years of experience across institutions such as HDFC Bank, RBL Bank, ABN Amro Bank, and Standard Chartered Bank
Paytm Payments Bank appoints Surinder Chawla as MD, CEO post RBI nod. Paytm Payments Bank has received banking regulator RBI's nod to appoint Surinder Chawla as its Managing Director and CEO, the company said in a statement on Sunday. The RBI, however, continues to bar Paytm Payments Bank from on-boarding new customers. "Pay
Top-performing global airports in 2022: Bengaluru, Delhi on the list. Cirium's OTP rankings considered the largest airlines in each region and category
Lal PathLabs targets leadership position in west India in 5 years. Om Manchanda, MD, Dr Lal Pathlabs said that the contribution of the west zone has gone up from 6 percent in FY15 to 8 percent in FY20 and 15 percent in the first half of FY23
Poonawalla gets Patangrao Kadam award, Maha Dy CM hails SII for vaccine. Maharashtra Deputy Chief Minister Devendra Fadnavis on Sunday lauded vaccine manufacturer Serum Institute of India and its CEO Adar Poonwalla for their contribution in the fight against COVID-19. He was speaking at the inauguration of Bharti Super Specialt
McDonald's CEO Chris Kempczinski says layoffs coming by April to cut costs. McDonald's CEO Chris Kempczinski has announced that layoffs are coming by April, as the global fast food chain aims to reduce costs and "free up resources to invest in growth"
AR smart lens developer Mojo Vision lays off 75% of its workforce. AR smart lens developer Mojo Vision has slashed 75 per cent of its workforce across a variety of departments and functions amid the deepening funding crunch
Nasdaq-listed ODP Corporation selects HCLTech as primary IT partner. HCLTech will be ODP's IT partner for end-to-end IT operations and enterprise-wide digital transformation
Cisco announces lays offs of nearly 700 employees in SF Bay Area in US. Networking giant Cisco has laid off nearly 700 positions in the Bay Area -- including 80 at its San Francisco offices.
Air India peeing case: Airline de-rosters 4 cabin crew members, 1 pilot. CEO says airline could have handled peeing incidents better; airline reviewing in-flight policy on serving alcohol to fliers
As crypto winter deepens, NFT marketplace SuperRare cuts 30% of workforce. SuperRare raised million in its Series A funding in March 2021, led by Velvet Sea Ventures and 1confirmation
German tech firm SUSE expands footprint in India to support key markets. SUSE, a leading open source German software company, has said it is expanding its operations in India to support the company's growth in key markets. The company has already set up a centre of excellence in Bengaluru at a time India and Germany are looking
LG Electronics December-quarter operating profit down 91.2% y-o-y. Revenue increased 5.2 percent on-year to 21.85 trillion won, marking a quarterly high, according to the earnings guidance released by the company
Helped by festive sales, Titan reports 12% standalone biz growth in Q3. Leading jewellery and watchmaker Titan has recorded 12 per cent growth in its standalone business in the December quarter, led by "healthy consumer demand" spurred by a vibrant festive season. "The positive consumer sentiment helped all categories clock he
Reliance Jio rolls out 5G internet services in Jaipur, Jodhpur, Udaipur. Private telecom company Reliance Jio launched 5G internet service in Jaipur, Jodhpur and Udaipur on Saturday. Rajasthan Chief Minister Ashok Gehlot formally launched Jio's 5G internet services in these cities. During the inaugural event, the chief minister
Jaiprakash Associates defaults on Rs 4,059 crore loans with various banks. Jaypee Group's flagship firm Jaiprakash Associates has defaulted on loans of Rs 4,059 crore, comprising both the principal and interest amount. In a regulatory filing, Jaiprakash Associates Ltd (JAL) said the company on December 31 defaulted on repayments
Srei auditor flags fresh fraud of Rs 296 cr under former promoters. The transaction auditor of debt-ridden Srei has indicated a fresh fraud amounting to Rs 296 crore under the erstwhile promoters. As per the report prepared by the transaction auditor, the concerned transactions occurred during financial years 2014-2015 to
Aditya Birla Fashion and Retail proposes to raise Rs 500 crore through NCDs. Aditya Birla Fashion and Retail Ltd (ABFRL) plans to raise Rs 500 crore through issuance of bonds on private placement basis. "The company proposed to raise funds by issuing 5,000 listed, unsecured, rated, redeemable non-convertible debentures (NCDs) of a
Asset under management likely to be around Rs 9 trillion in FY23: PFRDA. Pension regulator Pension Fund Regulatory and Development Authority (PFRDA) on Friday said the asset under management is likely to be around Rs 9 lakh crore this financial year due to market volatility. "Earlier, we were looking at an AUM of over Rs 10 lak
Drug firm Gland Pharma to fully acquire Europe-based Cenexi Group. Drug firm Gland Pharma on Friday said it has inked a pact with FPCI Sino French Midcap Fund to acquire 100 per cent stake in Europe-based Cenexi Group. Gland Pharma International PTE, a Singapore-based wholly owned subsidiary of the company, has entered in
NCLT admits insolvency plea filed against Future Supply Chain Solutions. The National Company Law Tribunal (NCLT) has on Friday admitted the insolvency plea filed against Future Supply Chain Solutions Ltd (FSCSL). Future group firm FSCSL in a regulatory filing said the Mumbai bench of NCLT has allowed the plea filed by DHL E-co
Vodafone Idea approaches banks for loans worth Rs 7,000 crore: Report. The lenders have, however, sought clarity from the telco on the Government's potential shareholding and its plans to infuse capital in Vi
India's fallen tech darlings value buys for Franklin after bn wipeout. Funds managed by Franklin Templeton bought at least 3.3 million shares of e-commerce logistics provider Delhivery Ltd. and more than 2 million shares of PB Fintech Ltd
Macrotech Q3 sales bookings up 16% at Rs 3,035 cr; pre-sales rise 62%. Realty firm Macrotech Developers Ltd on Friday reported a 16 per cent growth in its sales bookings at Rs 3,035 crore in the third quarter of this fiscal on better housing demand. Macrotech Developers, which sells properties under the 'Lodha' brand, is one
S Korean firm Mirae acquires industrial, warehousing asset in Maharashtra. South Korea's Mirae Asset Global Investments Co Ltd has acquired an industrial and warehousing asset at Bhiwandi in Maharashtra for Rs 130 crore. Anarock, one of the leading real estate consultants in the country, facilitated this deal. Mirae Asset Global
Reliance group firms make open offer to buy 26% stake in Lotus Chocolate. Two Reliance group firms - Reliance Consumer Products Ltd (RCPL) and Reliance Retail Ventures Ltd (RRVL) - have announced an open offer to acquire a 26 per cent additional stake in Lotus Chocolate. The firms will together acquire 33.38 lakh shares of Lotus
Madras HC upholds Singapore arbitration award against Shriram Group firm. Court permits enforcement of award of about Rs 195 crore plus interest
NCLAT dismisses Wave Group's appeal for insolvency proceedings. The NCLAT upheld the old order, along with the fine of Rs 1 crore
Dabur India expects low to mid single-digit revenue growth in Q3. Dabur India expects a "low to mid single- digit revenue growth" for the quarter ended December 2022 on account of the challenging macroeconomic environment and muted category growth during the period. However, the homegrown FMCG major said inflation starte
Signature Global sells housing properties worth Rs 1,330 cr in Apr-Sep FY23. Realty firm Signature Global, which plans to launch a public issue soon, has sold properties worth Rs 1,330 crore in the first half of this fiscal. The company had achieved sales bookings of Rs 2,590 crore in the entire previous financial year. Credit rati
Sobha Q3 sales bookings up 36% to Rs 1,425 cr on strong revival in demand. Bengaluru-based realty firm Sobha Ltd on Friday reported a 36 per cent growth in its sales bookings to Rs 1,424.7 crore for the quarter ended December 2022 on strong revival in demand. In a regulatory filing, Sobha Ltd informed that its sales bookings stoo
Oil firms making Rs 10 a litre profit on petrol, Rs 6.5 loss on diesel. Oil companies are selling petrol at a profit of Rs 10 per litre but retail prices haven't been reduced as they recoup past losses and make up for a Rs 6.5 a litre loss on diesel, a report said. State-owned Indian Oil Corporation (IOC), Bharat Petroleum Cor
Zydus Lifesciences launches generic anti-epilepsy drug in US market. Zydus Lifesciences on Friday said it has launched generic epilepsy treatment medication in the US market. Zydus Pharmaceuticals (USA) Inc, a unit of the company, has launched Topiramate extended-release capsules in the American market. The company had earl
Amazon plans to lay off around 1,000 employees in India: Report. E-commerce company Amazon plans to lay off around 1,000 employees in India as part of its biggest retrenchment exercise across the globe, according to sources. The company has announced the elimination of over 18,000 roles across the globe due to uncertain
Banks reluctant to fund loss-making Vodafone Idea before capital hike. "Without that (capital injection) it looks difficult for the company to ...survive," said one top official at a state-owned bank
Startup movement picked up momentum in India: Union Minister Jitendra Singh. Union Minister Jitendra Singh on Thursday said the startup movement has picked up momentum in the country and led to the creation of over 80,000 startups, whose number was about 350 before 2014. Singh said that due to a push from Prime Minister Narendra Mo
Manchester City announces new regional partnership with Jio Platforms. The partnership was enabled and supported by RISE Worldwide, a Reliance initiative, India's largest sports and entertainment company
Mirae Investments acquires industrial asset in Mumbai for Rs 130 cr. Group's first acquisition under India-focused funds allocation for high-grade real estate
Google set to challenge Android antitrust ruling at Supreme Court. The Competition Commission of India (CCI) in October fined the Alphabet Inc unit 1 million for exploiting its dominant position in the market for Android which powers 97% of smartphones in India
FMCG Q3 sales: Rural market continues to drag; urban maintains steady pace. The Indian FMCG sector witnessed improvement in margins and slow growth in the December 2022 quarter but the rural markets continued to drag as retail inflation stayed at elevated levels, according to industry players. Godrej Consumer Products Ltd (GCPL) a
Jio Platforms inks pact with SOA University to set up 5G lab in Bhubaneswar. Digital services company Jio Platforms on Thursday said it has signed an agreement with SOA University to set up a 5G lab in Bhubaneswar. The proposed lab will help in meeting the growing requirements of research and training in the latest 5G standards, in
Hyundai Motor India launches Hyundai Pavilion on Metaverse space. Hyundai Pavilion on Metaverse will introduce the much awaited all-electric SUV Hyundai Ioniq 5 for users to experience its various features
Indian start-ups take 5 yrs to cross 0 mn revenue mark: Redseer. There are about 100 unicorns and 170 soonicorns in India. Of these 270 firms, over 40 start-ups in the fintech, e-commerce, and logistics sectors have crossed 0 million in revenue as of FY22
Auto retail sales dip 5% in December after two-month cruising: FADA. The Indian auto industry's domestic PV sales in December 2022 were 276,000 units, 8.3 per cent higher than in December 2021, according to company numbers
Sebi extends relaxation on dispatching hard copies of financial statements. Sebi's extension comes after Ministry of Corporate Affairs has also provided similar relaxations to companies dispatching physical copies of financial statements
L&T Realty Developers to sell its entire stake in Think Tower Developers. L&T Realty Developers Ltd, a subsidiary of L&T, has agreed to sell its complete stake in Think Tower Developers Pvt Ltd, the engineering and construction conglomerate said on Thursday. The agreement is expected to complete on January 30, which is subject t
Pfizer announces 12-week paternity leave policy for its employees. The policy that came into effect on January 1, 2023, gives biological and adoptive fathers the option to take leaves in up to four tranches
Google likely to approach Supreme Court on Friday against CCI order. The appellate tribunal directed Google to pay 10 per cent of the penalty fees levied by the competition commission of India (CCI) as a condition for admitting its appeal for stay
InCred Financial Services aims to float about Rs 10,000-crore AIF. Subsequently, it will look to raise money from institutional investors, including Sovereign Wealth Funds
Varde-Arena consortium revises bid; emerges as highest bidder for Srei. The Varde Partners-Arena consortium has emerged as the highest bidder after it submitted a revised bid on Thursday with an additional cash component of Rs 3,600 crore for the two Srei group of companies under the insolvency and bankruptcy process, sources
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