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NSE share market NEWS tomorrow (28 December, 2022). NSE stocks in NEWS (tomorrow)

NSE share market NEWS tomorrow (28 December, 2022). NSE stocks in NEWS (tomorrow) These are NSE stocks which will be in NEWS tomorrow as on 28 December 2022

Kalyan Jewellers was amongst the top gainers, currently trading at 131.15 in NSE with 1.8 times change in volumes and 5.766% change in price. Other gainers included Macrotech Developers with 5.268% price change and 2.684 times volumes, Jsw Energy with 5.168% price change and 2.726 times volumes, Rail Vikas with 4.957% price change and 1.559 times volumes, and One 97 with 4.426% price change and 3.737 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.

Union Bank was amongst the top losers, currently trading at 79.40 in NSE with 0.649 times change in volumes and -4.048% change in price. Other losers included Indian Bank with -3.171% price change and 1.917 times volumes, Mazagon Dock with -2.689% price change and 0.513 times volumes, Kei Industries with -2.129% price change and 1.117 times volumes, and Bank India with -1.969% price change and 1.041 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.

Jio launches 5G services in 11 cities as a New Year's tribute to users. According to the announcement from the telecom major, the users will be able to enjoy unlimited 5G data with upto 1gbps+ speed, at zero additional cost

Serum Institute to provide 20 mn Covishield doses to govt free of cost. The Serum Institute of India (SII) has offered two crore doses of Covishield vaccine to the central government free of cost amid a rise in COVID-19 cases in some countries, official sources said on Wednesday. According to an official source, Prakash Kumar

After Gambia, now Uzbekistan alleges Indian cold drug killed its children. Noida-based Marion Biotech's Dok-1 Max anti-cold medicine under scanner after the Central Asian nation blames it for 18 deaths

BIAL incurs net loss of Rs 356 crore in FY22 due to Covid-19 impact. The financial performance of BIAL is registering strong growth as passenger volumes in recent months have gone back to pre-Covid levels

Airtel announces launch of 5G service in Jammu, Srinagar in a phased manner. Telecom operator Bharti Airtel on Wednesday announced the launch of its 5G services in Jammu and Srinagar. Airtel, in a statement, said that its '5G Plus' services will be available to customers in a phased manner as the company continues to construct its

Sheela Foam to buy rival mattress maker Kurl-on for Rs 2,000 crore. The combined entity will have a market share of more than 50 per cent in India's organised mattress space

Airtel plans to invest additional Rs 27-28,000 crore with focus on 5G. Telecom operator Bharti Airtel has plans to invest Rs 27,000-28,000 crore in telecom network with a focus on 5G rollout, a company official said on Wednesday. While the company is planning to increase capital expenditure by 10-15 per cent, it has no plans

JSW Energy completes acquisition of Ind-Barath Energy for Rs 1,047 cr. JSW Energy on Wednesday said it has completed the acquisition of 700 MW Ind-Barath Energy (Utkal) for Rs 1,047.60 crore through insolvency proceedings. "Pursuant to the NCLT (National Company Law Tribunal) approval order, the resolution plan has now been i

CBIC issues clarifications on tax recovery from firms under insolvency. Issues a separate circular on limitation period of show-cause notices

SBI to consider raising funds via infrastructure bonds worth up to .21 bn. SBI, the country's largest lender, said it will consider approval for raising funds through the issue of infrastructure bonds worth up to 100 billion rupees (.21 billion) during fiscal year 2023

IOCL to undertake intensified TB elimination project in UP, Chhattisgarh. IOCL has signed a MoU as part of its corporate social responsibility with CTD under Ministry of Health, and the states of Uttar Pradesh and Chhattisgarh to undertake intensified TB elimination project

I owe my success to institutional reforms over 30 years: Gautam Adani. As both he and PM Modi are from the same state, it makes him the easy target of baseless allegations, says Adani

JK Lakshmi ties-up with GreenLine Logistics to roll out first LNG fleet. JK Lakshmi Cement has tied up with GreenLine, a pioneer in green and smart logistics in India, for the introduction of LNG-fuelled heavy trucks for transporting cement. "With this association, GreenLine will enable JK Lakshmi Cement to decarbonise its road

McLeod negotiates with investors to monetise assets, infuse fresh capital. As part of the restructuring with secured lenders, debt-laden McLeod Russel India Ltd is in the process of negotiating with "multiple investors" to monetise assets and infuse fresh capital, but these talks are still in the fluid stages and nothing has been

Timely resolution of FDA action key for Indian pharma's US pipeline. Analysts say overall risks remain high for US generics business

Air India Express lists Covid-19 guidelines for flyers from UAE to India. Air India Express on Tuesday issued guidelines for the maintenance of Covid-appropriate behaviour by travellers travelling from the United Arab Emirates (UAE) to India

Top Headlines: Banks' balance sheet grows, daily vax rates in India double. Business Standard brings you the top headlines at this hour

India's fintech industry to face a tough 2023 as investments cool: Bain. This year, the Indian regulator, spurred by fraud and malpractice instances in the fintech lending space, stepped up its oversight to regulate it through a series of guidelines

Udaan, Ola and Oyo see highest senior executive exits in 2022: Data. Ola and Oyo Hotels & Homes followed Udaan in recording the most senior executive exits in 2022, according to Longhouse Consulting data

Tata Digital to be the conglomerate's sole e-commerce venture: Report. Last week, the conglomerate increased Tata Digital's authorised capital to Rs 21,000 crore from Rs 20,000 crore and infused Rs 750 crore

Apple's Japan unit gets 5 mn tax bill for sale of iPhones to tourists. Tokyo unit of US technology giant Apple has been slapped with 5 mn (14 bn yen) in additional taxes over bulk duty-free sales of iPhone smartphones and other Apple devices to foreign visitors

Appliances, consumer electronics sector aim for double-digit growth in 2023. Bolstered by premiumisation trends, pent-up demand and policy initiatives, the country's appliances and consumer electronics sector expects to continue on the double-digit growth trajectory in 2023, as companies seek to expand capacity and roll out new-age

Tesla touches a 2-year low: Twitter may not be Elon Musk's biggest trouble. Tesla share price: The prices fell rapidly on Tuesday after a Reuters report said that the company is planning to reduce its production at the Shanghai plant in January

Amid global recession fears, IT firms may go slow on hiring in 2023: Report. The hiring rate for the IT sector is likely to grow by only 10 per cent in 2023, almost half of the 15-20 per cent rise seen this year

CBI custody of Chanda Kochhar, her husband and Dhoot extended till Dec 29. A special Central Bureau of Investigation court here on Wednesday extended till December 29 the CBI custody of former ICICI Bank CEO and MD Chanda Kochhar, her husband Deepak Kochhar and Videocon group founder Venugopal Dhoot in connection with a loan frau

Mukesh Ambani completes 20 years at helm of Reliance Industries. Mukesh Ambani, who took over the reins of Reliance Industries Ltd (RIL) after the sudden demise of his legendary industrialist father Dhirubhai Ambani, completes 20 years at the helm during which the company saw a 17-fold jump in revenues, 20-times surge i

Competition Commission starts recovery proceedings against Google: Report. CCI had imposed a penalty of Rs 1,336.7 crore on Google on October 20 for indulging in anti-competitive conduct

Blinkit to deliver boAt headphones and accessories within minutes. Select boAt products such as TWS, Neckbands, Portable Bluetooth Speakers, and Wired Earphones are now available on Blinkit

Sheela Foam to buy rival mattress maker Kurlon for 1 million: Report. Indian mattress maker Sheela Foam Ltd will soon acquire competitor Kurlon for 20 billion rupees (1.29 million), ET Now reported on Wednesday, citing sources

Adani Transmission incorporates arm to undertake smart meter business. Adani Transmission has formed a subsidiary, BEST Smart Metering Ltd (BSML), to undertake the smart meter business. BSML is incorporated in India and registered with the Registrar of Companies, Gujarat at Ahmedabad on 27th December 2022 and is yet to commen

Small towns witness highest increase in room bookings in 2022: OYO. India's small towns like Hathras, Sasaram, Karaikudi, and Tenali witnessed the highest increase in room bookings in 2022, according to hospitality and travel-tech firm OYO's annual data. With travel bouncing back strongly after the pandemic, OYO Traveloped

Mumbai court acquits TVF founder Arunabh Kumar in sexual harassment case. A magistrate court here has acquitted The Viral Fever (TVF) founder Arunabh Kumar in a sexual harassment case of 2017, ruling that there was an unexplained and unreasonable delay in filing the First Information Report. It can be said the complaint was file

Radiant Cash Management Services IPO subscribed just 53% on last day. The initial public offer of Radiant Cash Management Services was subscribed just 53 per cent on the last day of subscription on Tuesday. The Rs 388-crore initial share-sale received bids for 1,45,98,150 shares against 2,74,29,925 shares on offer, according

IEX forms subsidiary to explore business opportunities in carbon market. Indian Energy Exchange (IEX) on Tuesday announced setting up a wholly-owned subsidiary, International Carbon Exchange Private Ltd (ICX), to explore business opportunity in the voluntary carbon market. The ICX will enable participants to buy and sell volunt

13 Xiaomi, Redmi models to support Reliance Jio's standalone 5G tech. Users of the two brands can use Reliance Jio's True 5G service for connectivity and stream uninterrupted videos, enjoy high-resolution video calls, and play low-latency gaming

Realisation through IBC 201% of liquidation value as of Sept: RBI. SARFAESI and Debt Recovery Tribunals have yielded recovery rates comparable to the IBC mechanism, says Trend and Progress Report

Mind the gap: Avg top executive earns over 240 times median staff pay. Median employees in most sectors earn less than Rs 10 lakh per annum

Coal India to meet 700 MT production target of FY23, says chairman. Coal India Chairman Pramod Agrawal on Tuesday exuded confidence that the PSU will achieve the production target of 700 million tonnes for the current financial year. Coal India (CIL) accounts for over 80 per cent of the domestic coal output. I am confident

Domestic, semi-regulated markets to drive pharmaceutical industry's growth. High raw material prices to put pressure on margins

Majority of employers in manufacturing sector keen to hire in Q4: Report. Majority of manufacturing companies plan to hire more people in the next three months amid increasing domestic demand, according to a survey. A TeamLease 'Employment Outlook Report' for the fourth quarter on Tuesday said the positive higher hiring sentimen

Noida Authority issues Rs 235 cr notice to DLF over Mall of India issue. The Noida Authority has issued a notice to real estate developer DLF to pay Rs 235 crore as compensation to the previous owner of the land on which the Mall of India has been built, a senior official said Monday. The DLF, however, said it was yet to receiv

Top headlines: Venugopal Dhoot arrested, Advent buys stake in Suven, & more. Business Standard brings you the top headlines at this hour

BIS norms to curb fake reviews to increase costs for online sellers: Report. According to the guidelines, published on November 23, the companies will have to ensure that the ratings and reviews of their products are genuine

Here's Why Karnataka HC barred Irani, Classic Legends from using 'Yezdi'. Indian bikers' long wait for Jawa's Yezdi continues with latest verdict from Karnataka high court

IT majors lowering revenue projections for FY23 amid macroeconomic troubles. HCL's CEO C Vijaykumar recently said that the spending on hi-tech and telecom verticals was lower than expected and with price changes, it is going to be a big macroeconomic challenge

FMCG industry hopes to recover lost volume, to shrug off shrinkflation. Shrinkflation or reducing the size or quantity of a product while keeping the price unchanged was a little-known term in India but a surge in raw material costs following the war in Ukraine pushed several FMCG companies to resort to such a practice to ensu

Startups to attract large foreign direct investments in 2023: DPIIT Secy. The country's startups will attract significant foreign direct investments (FDI) in 2023 on account of steps being taken by the government to strengthen the ecosystem for budding entrepreneurs, a top government official has said. Secretary in Department fo

Govt calls telecom operators on Wednesday to discuss rising call drops. Telcos have assured that once the mobile handsets are synchronised with the 5G technology, the quality will improve

Cipla's higher automation spends to continue for 3 more yrs: CTO Malhotra. Cipla expects elevated capital expenditure on automation to continue for three more years, a senior official has said. The city-headquartered company started its investment journey on the automation front two years ago and has already been recognised for i

Ola, Uber worst platforms in providing fair work for gig workers: Report. Other platforms who scored zero in the report were Amazon Flex and PharmEasy, while Porter scores just 1 point out of 10

What does the 2022 funding winter indicate for start-ups in 2023?. 2022 was a year of reckoning for Indian startups. New unicorns halved compared to last year, and mass layoffs followed. So, how did this year change Indian start-ups? How are they prepared for 2023?

ICICI Videocon case: HC denies interim relief to Chanda Kochhar, husband. The petition by the Kochhars came up before a vacation bench of Justice Madhav Jamdar and Justice S. G. Chapalgaonkar but they declined to grant an urgent hearing in the matter

Samsung raises over million to contribute to UNDP for Global Goals. Samsung Electronics announced that it has reached a significant milestone to advance the Sustainable Development Goals, or the Global Goals, with a contribution of more than million to the UNDP

Flipkart's 0 million payout to benefit 25,000 employees: Report. Investors of Flipkart including Walmart will pay for the cash payout and it will benefit past and present employees of Flipkart, Myntra and PhonePe

829 mn cyber attacks blocked; 59% of targeted websites in India: Indusface. Mid-market firms with revenues of million to billion faced 45% of attacks; only 21% were large ones with over billion in revenue; smaller firms suffered 34% of attacks

Indowind Energy to allot 35.8 mn shares worth Rs 43 cr under rights issue. Indowind Energy board on Tuesday approved a rights issue of 3.58 crore equity shares for Rs 43.07 crore. The right issue will be opened on January 27, 2023, and will be closed on February 10, 2023, a BSE filing showed. The board meeting held today, i.e. De

Godrej properties buys 62-acre land in Kurukshetra; eyes Rs 550 cr revenue. Realty firm Godrej Properties has purchased about 62 acres of land in Kurukshetra, Haryana for over Rs 100 crore to develop a plotted residential project and is targeting around Rs 550 crore revenue from this property. In a regulatory filing, the company i

Elista India expects Rs 1,500 cr revenue by 2025, to invest up to Rs 400 cr. Electronics manufacturing company Elista India expects a revenue of Rs 1,500 crore by 2025 on the back of increased exports to the CIS countries, Middle East and Africa, a top official of the company said on Monday. The company plans an investment of Rs 35

Tata chief sees AI/ML, supply-chain diversification as growth drivers. 'Need to keep careful watch on commodity price rises,' Chandra tells employees in New Year message

Blue-collar industry sees sharp rise in job opportunities: Report. The blue-collar industry has witnessed a sharp rise in job opportunities in the country and tier 2 cities have become the epicenters for such opportunities, said a report. According to professional networking and jobs platform apna.co, blue-collared job op

LICHF hikes lending rate by 0.35 pc, home loans to cost 8.65 pc now. Mortgage lender LIC Housing Finance joined peers and hiked its lending rate by 0.35 per cent. The move, which comes a week after an increase by bigger rival HDFC by a similar quantum, entails that the minimum rate of interest will get revised to 8.65 per c

Co-working major WeWork India raises Rs 550 crore from BPEA Credit. Co-working major WeWork India on Monday said it has raised Rs 550 crore from funds managed by BPEA Credit for future growth and acquisition opportunities as it seeks to tap rising demand for flexible spaces. In 2017, WeWork Global had partnered with Bengal

From an industry leader to a defaulter: Rise and fall of Venugopal Dhoot. Starting with a family, which had a dealership of Bajaj Auto's scooters, to becoming the owner of a household name in consumer appliances who could afford to have Bollywood superstar Shah Rukh Khan as the brand ambassador, Venugopal Dhoot's is a story of a

Three Wheels United inks pact with Piaggio to buy 3,300 electric vehicles. Tech-enabled EV financing firm Three Wheels United (TWU) has inked an initial pact with small commercial vehicle maker Piaggio Vehicles to procure 3,300 electric three-wheelers, a release said on Monday. Under the partnership, the company will facilitate e

AI Express, AirAsia India exploring synergies in terms of customer base. Air India Express and AirAsia India, which has changed its name to AIX Connect, are exploring synergies in terms of having unified customer touch points ahead of their proposed merger, according to an official. Both the low-cost airlines and full-service c

CBI arrests Videocon Group founder Venugopal Dhoot in ICICI loan fraud case. Videocon founder sent to custody till December 28, along with ex-ICICI Bank CEO Chanda Kochhar and her husband

Kerala sees 5% rise in alcohol sales during Christmas, says BevCo. Kerala saw an overall five per cent increase over last year's sales of alcohol during the Christmas season this year, according to a source in Kerala State Beverages Corporation Ltd (BEVCO). The source said sales between December 22 and December 25 generat

Kirloskar Systems announces appointment of Manasi Tata on board of JV firms. Kirloskar Systems on Monday said it has appointed Manasi Tata, daughter of late Vikram Kirloskar, as Director on the board of the company's joint-venture firms with immediate effect. These joint ventures include Toyota Industries Engine India Pvt Ltd, Kirl

Agrochemical's revenue to grow 15-17% this fiscal, driven by demand: Report. Agrochemical players are likely to witness 15-17 per cent revenue growth this fiscal, mainly driven by strong global and domestic demand, according to a report. Revenue is expected to grow by 10-12 per cent in the next 2023-24 financial year as India conti

KABIL expresses interest to partner with Argentina-based CAMYEN: Govt. Khanij Bidesh India Ltd (KABIL) has evinced interest to collaborate with Argentina-based CAMYEN for prospecting two areas for the extraction of lithium in the South American country, an official release said on Monday. KABIL, a joint venture company betwee

GAIL India set to carry out oil exploration work soon in Rajasthan. Rajasthan is among the top oil producers in the inland area of the country

Jio True 5G services now available in four districts of Andhra Pradesh. Reliance Jio on Monday announced it has launched True 5G services in Andhra Pradesh

Senior execs, some pilots, cabin crew leave Jet Airways, says report. With continuing uncertainty over Jet Airways' future, at least two senior executives as well as some pilots and cabin crew have quit the airline, according to sources. Jalan Kalrock consortium emerged as the winning bidder for Jet Airways under the insolve

No proposal before govt to lower threshold for generating e-invoice: CBIC. The CBIC on Monday said there is no proposal before the government to lower the threshold from January 1 for mandatory generation of e-invoices. Currently, businesses with a turnover of Rs 10 crore and above are required to generate an electronic invoice f

SpiceJet shareholders' approve re-appointment of Ajay Singh as director. Shareholders of SpiceJet on Monday approved the re-appointment of Ajay Singh as a director of the no-frills airline. At the annual general meeting, the shareholders also gave their nod for the adoption of audited financial statements for financial year end

Advent International to acquire 50.1% stake in Suven Pharma, explore merger. As of last close, Suven had a market capitalization of 126 billion Indian rupees

Top headlines: Telcos get green signal, states start mock drills, and more. Business Standard brings you the top headlines at this hour

PayU gives pink slip to 150 employees, no plans of 'major downsizing'. The layoffs were undertaken to realign the teams locally

20 yrs of Delhi Metro: How it transformed the city's landscape. Delhi Metro has contributed a lot to the national capital's economy, and by extension to that of the whole country. Last week, it celebrated 20th anniversary. Let's trace its transformative journey

Fund mobilisation through equity, debt routes down 20% to Rs 11 trn in 2022. Fund mobilisation by companies through equity and debt routes has dropped 20 per cent in 2022 to nearly Rs 11 lakh crore, as exuberance dwindled this year due to expensive credit avenues and volatile markets. The first half of 2023 could continue to remain

Godrej Properties buys 62-acre land in Kurukshetra for residential plots. Realty firm Godrej Properties on Monday said it has purchased about 62 acres of land in Kurukshetra, Haryana to develop a plotted residential project. In a regulatory filing, the company informed that this project will offer about 1.4 million square feet o

Advent buys significant stake in Suven Pharma, plans merger with Cohance. Suven does around 90 percent of its business with innovators and follows the customer from Phase 1 to commercialization

Money View raises mn in Series E by Apis Partners, valued at 0 mn. Founded in 2014, Money View provides personalised credit products and personal financial management solutions

Flexible workspace provider WeWork India raises Rs 550 cr from BPEA Credit. The company said it will use fresh funds for future growth and potential consolidation opportunities

This city booked most number of Uber services in 2022; Bengaluru is second. Chandigarh among top five cities in terms of fastest average speeds, according to 'How India Ubered in 2022'

Mukesh Choudhary takes over from Reddy as Coal India's Director, Marketing. State-owned CIL on Monday said Mukesh Choudhary has taken over as its Director, Marketing. He assumed charge on December 23, Coal India Ltd (CIL) said in a statement. Prior to this, he was Deputy Director General, Department of Defence Production, Ministry

Fintech firm PayU lays off 150 employees, says it's realigning teams. 6% of total workforce of Prosus-backed firm reportedly asked to go

Google-backed Adda247 grants ESOPs worth Rs 150 cr to its employees. Adda247 first launched its ESOP policy in 2016 and has rewarded around 10% of its workforce across levels to date

Jakson Group bags 121 MW solar project from Amplus Solar in Rajasthan. Jakson Group on Monday said it has bagged a 121 MW solar project from Amplus Solar in Bikaner, Rajasthan. Without disclosing financial details of the project, the company said the green capacity will be constructed on an engineering, procurement and constr

CBI charges BARC ex-chief Lulla with manipulating India Today's TRP rating. Probe agency has also accused him of providing IPL data to STAR for free, causing loss to BARC

Kinetic to start producing electric version of Luna at Ahmednagar plant. Company set ups dedicated production line with an initial capacity of 5,000 sets per month

LIC Housing Finance raises lending rates by 35 bps, cites market conditions. 'Good sustenance in home buying', says mortgage lender in statement

Corporate India focusing on gender diversity, to hire more women in 2023. Companies are also focusing on hiring second-career women - those who are returning to work after a career break

Telcos seek tax credit refund, reduction in levies ahead of Budget 2023. The telecom sector says that over a third of their earnings is currently paid to the government as levies

Alembic Pharma gets USFDA nod for generic drug to treat breast cancer. Alembic Pharmaceuticals on Monday said it has received final approval from the US health regulator for its generic Fulvestrant injection used in treatment of breast cancer. The approval granted by the US Food & Drug Administration (USFDA) is for the abbrev

Power Mech gets orders over Rs 1,034 crore from Adani Group, others. Power Mech Projects (Power Mech) on Monday said it has bagged three projects, including one from the Adani Group, totalling Rs 1,034.13 crore. In a regulatory filing, the company said it has received service order/letters of award (LOA) worth Rs 1,034.13 c

Inox Green to acquire majority stake in independent wind service provider. Inox Green Energy Services on Monday said it will acquire a majority stake in an independent wind service provider that operates majorly in South India with a 230+MW fleet. However, the company did not disclose the value of the transaction and the name of

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