NSE share market NEWS tomorrow (21 December, 2022). NSE stocks in NEWS (tomorrow)
NSE share market NEWS tomorrow (21 December, 2022). NSE stocks in NEWS (tomorrow) These are NSE stocks which will be in NEWS tomorrow as on 21 December 2022
Glenmark Pharmaceuticals was amongst the top gainers, currently trading at 440.40 in NSE with 11.235 times change in volumes and 7.611% change in price. Other gainers included Divi S with 4.989% price change and 10.107 times volumes, Apollo Hospitals with 3.689% price change and 3.107 times volumes, Lupin with 3.499% price change and 4.262 times volumes, and Biocon with 3.492% price change and 2.959 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.
Suzlon Energy was amongst the top losers, currently trading at 10.20 in NSE with 0.929 times change in volumes and -11.304% change in price. Other losers included Bond 8 with -9.397% price change and 1.062 times volumes, Pnb Housing with -7.924% price change and 0.441 times volumes, 8 20 with -7.815% price change and 1.696 times volumes, and Yes Bank with -6.808% price change and 1.256 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.
Zero MDR a force-multiplier of economic growth: Paytm chief at BFSI summit. We will be known as (the) consumer technology builder of the world,' said Sharma at the Business Standard BFSI Insight Summit in Mumbai on Wednesday
Torrent wins race to acquire RCap with Rs 8,640 crore offer to lenders. The Hinduja group also participated in today's auction but lost the race with a Rs 500 crore lower offer
Legal tech start-ups have raised mn in funding since 2013: Report. Indian sector has more than 650 firms and is valued at .3 bn to be second biggest in the world
Uber to hire 800 women techies for two new programmes by next year. The ride-hailing firm said it has gained by hiring women techies in terms of improving quality and productivity
Byju's denies buying student databases after NCPCR Chief's allegation. Edtech major Byju's strongly denied reports by NCPCR that the company is allegedly buying phone numbers of children and their parents and threatening them to buy its courses
New IT rules: WhatsApp bans over 3.7 mn 'bad' accounts in India in Nov. The messaging platform has more than 400 million users in the country
Software exports from Technopark grow 15% to touch Rs 9,775 crore. IT exports from the Technopark campus in Thiruvananthapuram grew 15 per cent to touch Rs 9,775 crore for fiscal 2021-22 fiscal, according to the figures released on Wednesday
Reliance Retail Ventures sells 2% stake in Just Dial for Rs 101 crore. Just Dial's promoter Reliance Retail Ventures on Wednesday sold 2 per cent stake in the company for Rs 101 crore in order to comply with the minimum public shareholding norms. According to the bulk deal data available with stock exchanges, Reliance Retail
Will quit after finding 'foolish enough' person to become Twitter CEO: Musk. Twitter's new owner Elon Musk has said he will resign as the social media giant's CEO as soon as he finds someone foolish enough to take the job, two days after millions of users voted for his ouster in a poll he ran online. The 51-year-old billionaire pro
Adani Solar starts manufacturing large sized monocrystalline silicon ingots. Adani Solar on Wednesday said it has begun manufacturing of large sized monocrystalline silicon ingots in India. The monocrystalline ingots will drive indigenisation to produce renewable electricity from silicon-based PV (photovoltaic) modules with efficie
Maiden Pharma cough syrup row: Gambian Parliament seeks legal action. WHO, however, said samples tested in Ghana and Switzerland were found to be contaminated
As Apple makes India shift, suppliers move to invest Rs 2,800 crore in UP. Yamuna Expressway Industrial Development Authority (YEIDA) says Apple suppliers have applied for land with the authority
NCLT approves merger of Kalpataru Power Transmission, JMC Projects. Kalpataru Power Transmission Ltd (KPTL) on Wednesday said the National Company Law Tribunal has approved the merger of JMC Projects (India) Ltd with the firm, making it one of the country's largest listed engineering and construction companies. The combine
Honeywell bullish, sees growth across infra, energy transition, automation. Industrial technology firm Honeywell is bullish on the Indian market and sees growth opportunities across segments mainly infrastructure development, energy transition projects, automation etc in the country to drive growth, a top official of the company s
Meesho order volume more than doubles to 91 cr, onboards 5 lakh suppliers. Softbank backed e-commerce firm Meesho recorded over 100 per cent jump in order volume to 91 crore in 2022, the company said on Wednesday. The company onboarded around 5 lakh suppliers in 2022 of which 61 per cent were new to e-commerce and selling online
Byju's may terminate jersey sponsorship deal with BCCI, MPL may exit too. Two of Indian cricket team's main sponsors, edtech major Byju's and MPL sports, want to exit from their sponsorship agreements with the BCCI. In June, Byju's had extended its jersey sponsorship agreement with the Board until November 2023 for an estimated
Glenmark Pharma launches combination drug for Type 2 diabetic patients. Glenmark Pharmaceuticals Ltd on Wednesday said it has launched triple fixed-dose combination Teneligliptin with Pioglitazone and Metformin in India for diabetic patients. This fixed-dose combination offers patients with Type 2 diabetes the convenience of o
IndiGrid, G R Infraprojects partner for transmission bids worth Rs 5,000 cr. Infrastructure investment trust India Grid Trust and G R Infraprojects have joined hands to bid for identified power transmission projects worth Rs 5,000 crore. "India Grid Trust (IndiGrid), India's first listed power sector infrastructure investment trust
Mark Zuckerberg takes witness stand in FTC case against startup acquisition. Mark Zuckerberg, the CEO of Facebook parent company Meta, took the witness stand Tuesday in the FTC's effort to stop the tech giant from buying a virtual reality startup. At issue is whether Meta's acquisition of the small company that makes a VR fitness a
Hyundai becomes 3rd largest carmaker, set to overtake Toyota, Volkswagen. While Toyota Motor Corp. and Volkswagen AG vie each year for pole position atop the global automobile industry, Hyundai has quietly slipped in behind them, surpassing General Motors Co., Nissan Motor
Ensure public sector oil marketing companies follow quota policy: Par Panel. A parliamentary panel has asked the Centre to propose amendments to existing rules of public sector oil marketing companies for appointment of Scheduled Caste and Scheduled Tribe members in their boards of directors, noting that they were "rarely" included
Tesla stock drops to its lowest, Elon Musk blames macroeconomic conditions. Electric car company Tesla's shares tumbled further to around 7 apiece, its lowest ever, as Elon Musk on Wednesday again blamed global macroeconomic conditions
Indian pharma sector set for 'volume to value leadership' journey in 2023. Reinvent and innovate will be the key mantra for the Indian pharma industry in the New Year as the 'pharmacy of the world' looks to move from volume to value leadership
Gambia panel seeks Indian manufacturer's prosecution for cough syrup deaths. A parliamentary committee in The Gambia has recommended prosecution of an Indian manufacturer of cough syrups suspected of causing the deaths of at least 70 children in the West African country
Infosys recognised with 'A' score for transparency on climate change. Infosys has been recognised for leadership in corporate transparency and performance on climate change by global environmental non-profit CDP, securing a place on its annual 'A List'
Low demand, rise in raw material prices key problems of MSMEs: Survey. The decline in demand and rise in raw material prices due to high transportation costs are the major problems faced by micro, small and medium enterprises in the last 27 months, according to a survey. The report by Bhartiya Yuva Shakti Trust (BYST) also sa
IIFL fintech fund picks up 16% in Insurance Samadhan for million. The IIFL Group's early-stage investment vehicle, IIFL Fintech Fund, has invested USD 2 million (around Rs 16.5 crore) in insurance technology startup Insurance Samadhan for a 16 per cent stake, valuing the platform at around USD 13 million (around Rs 107 c
Mumbai to Mirzapur: Meesho witnesses a record 910 million orders in 2022. At about 140 million, Meesho said its annual transacting users exceed the combined population of the top three nations in FIFA World Cup 2022: France, Argentina and Croatia
Viacom18 bags 2024 Paris Olympics broadcasting rights for Rs 250 cr. Deal also includes 2024 Youth Olympics; will cover India and neighbouring countries
Airtel launches 5G services in Ahmedabad, Gandhinagar, Imphal. Telecom operator Bharti Airtel on Wednesday announced the launch of high-speed 5G services in Ahmedabad and Gandhinagar. The company also announced the roll out of 5G services in Imphal. In a statement anouncing that 5G services have gone live in Ahmedabad
Hinduja Group wins Reliance Capital auction with bid value of Rs 8,600 cr. According to banking sources, the auction that started Wednesday morning concluded with Hinduja emerging as the highest bidder
M3M buys 350-acre land to enter Panipat mkt and build Rs 2,700 cr township. The company expects a topline of Rs 5,000 crore from the project
Bigbasket may launch IPO by 2025 after 0 million funding: CFO Parekh. Controlling about a third of India's online grocery market, Bigbasket was acquired by Tata last year
77% service sector firms keen on hiring new employees in Q4: Report. 79% employers willing to hire graduates and entry-level employees in country
Airtel acquires stake in Lemnisk to build largest customer data platform. With an aim to build the world's largest CDP, Bharti Airtel said it has acquired a strategic stake in Lemnisk (Immensitas Private Limited) under its 'Start Up Accelerator Programme
Cosmea-Piramal consortium pulls out of Reliance Capital's bidding. With the exit of Cosmea-Piramal, there are now only three players left in the race -- Hinduja, Torrent, and Oaktree
Puma names Anushka Sharma brand ambassador, aims to boost women's business. She joins 30-35 other brand ambassadors such as husband Virat Kohli, Kareena Kapoor Khan, Yuvraj Singh; will endorse brand's footwear, apparel and accessories, including select collections
India will take 40 yrs to draw level with China's car penetration: Bhargava. Bhargava adds that the cost of regulatory compliance (like implementing BS 6 n norms )-especially on smaller and cheaper cars has been going up
High regulatory burden, taxes keep cars out of reach of Indians: Automaker. The levies by the Indian govt have made purchasing vehicles expensive for the population, said RC Bhargava, Maruti Suzuki's chairman
Building material maker Visaka's Rs 130 cr new plant in Bengal by Aug 2023. Building material manufacturer Visaka Industries Ltd on Tuesday said its Rs 130-crore plant that is being built in West Bengal will be operational by August 2023. The project will raise the total capacity of environment-friendly boards and panels to 3.5 la
Shyam Metalics acquires Mittal Corp, forays into stainless steel business. Shyam Metalics and Energy Ltd on Tuesday said it has forayed into the stainless steel business by acquiring Mittal Corp Ltd in an NCLT-led resolution process. The company will invest about Rs 7,500 crore over the next 4-5 years to scale up its metal busine
IVCA's Budget wish: Equal tax treatment for listed and unlisted investments. Argues that taxes on unlisted securities are nearly 2.4x those of listed ones, even as investments into unlisted firms and startups were leading asset and job creation
Aquaculture startup Aquaconnect raises million to expand business. Aquaconnect, an aquaculture platform, has raised USD 15 million (about Rs 120 crore) from investors to expand its business. The company raised this amount in a Series A funding round led by Lok Capital, with participation from Louis Dreyfus Company Venture
Domino's launches 20-minute deliveries across as many zones in India. Firm says overall aim is to ensure delivery of hotter, fresher and tastier pizza without compromising food quality and safety and well-being of delivery riders
IDBI Trusteeship Services Ltd commences operation from GIFT City in Gujarat. IDBI Trusteeship Services Ltd (ITSL) on Tuesday said it has commenced operations at the Gujarat International Finance Tec-City (GIFT City). In a statement, Padma Betai, MD and CEO of IDBI Trusteeship Services Ltd, said operating business from GIFT City ten
CEO Elon Musk actively searching for new chief for Twitter: Report. Billionaire Elon Musk is actively searching for a new chief executive officer for Twitter Inc, CNBC reported on Tuesday, citing sources
Dabur India promoters sell 1% stake through block deal to finance ventures. " The purpose of doing this transaction is to raise funds for financing some ventures in the private hands of the Burman family," the exchange filing said
Mindspace Business Parks raises Rs 100 cr debt for working capital needs. Mindspace Business Parks REIT has raised Rs 100 crore debt for working capital requirements. In a regulatory filing, Mindspace Business Parks REIT informed that it has completed an issuance of commercial papers of Rs 100 crore for a maturity of three month
Vedanta announces incentives for purchase of electric vehicles by employees. Globally diversified natural resources firm Vedanta Ltd on Tuesday said it has rolled out an EV policy for its employees, under which incentives ranging from 30 to 50 per cent will be provided on purchase of electric vehicles. As part of its commitment tow
Byju's allegedly buying contacts of children, threatening parents: NCPCR. The child panel took action based on a news report that the company's sales team was engaging in dishonest behaviour to persuade parents to purchase their courses for their kids
Domino's Pizza Inc to take learnings from India to global markets: CEO. Domino's Pizza Inc is looking up to India's digital leadership and take learnings from the country to its other global markets for quicker delivery of its products, the company's global CEO Russell Weiner said on Tuesday. The company, which operates in Ind
Govt clears Rs 357 cr for Foxconn under PLI scheme for phone manufacturing. The PLI for large-scale electronics manufacturing sector launched with an aim to make India a competitive destination for electronics manufacturing
Twitter launches grey verification tick mark for govt, golden for companies. Social media platform Twitter has started rolling out a grey tick verification mark for government-related accounts and a golden tick mark for companies while the rest of the verified accounts will get a blue tick mark. With the rollout, Twitter has replac
Indira IVF to invest Rs 60 cr for diagnostics foray over next 5 years. Fertility treatments chain Indira IVF on Tuesday announced a foray into the diagnostics sector with a Rs 60 crore investment over the next five years. The city-based company, which claims to India's largest fertility treatments chain, plans to offer pathol
Wells Fargo to pay .7 bn to settle charges of consumer law violations. Consumer banking giant Wells Fargo agreed to pay .7 billion to settle a laundry list of charges that it harmed consumers by charging illegal fees and interest on auto loans and mortgages, as well as incorrectly applied overdraft fees against savings and
Twitter revamp: A shaky, whiplash-inducing timeline since Musk's takeover. Since Elon Musk took control of Twitter in late October, confusion over what is, and what is not allowed on the platform, even what a verified account is, has run rampant. Rules and policies can change daily, or even hourly. Little of what's transpired at
Taxes on all motor vehicles in India need to be rationalised: RC Bhargava. The taxes, however, should not be the same for different types of cars as the "regulatory burn" on small cars is higher than on bigger cars in India
Maruti Suzuki blames high taxes for low car ownership in the country. Car-industry growth in India has slowed to 3% from 12% in the past twelve years, partly due to poor government policies, Bhargava said
Hello Logistics sues Instacart founder Mehta for creating 'copycat' startup. Hello Logistics Inc., which operates under the name NextMed, sued Mehta, his business partner Tejasvi Singh, and their company Cloud Health Systems over allegations of misappropriation of trade secret
Hinduja Global Solutions approves buyback of 6 mn shares at Rs 1,700 each. The buyback size represents 24.15 per cent and 13.19 per cent of the aggregate of the company's fully paid-up equity share capital and free reserves
PDG plans to expand to other cities; invest about 0 mn on each location. Singapore-based Princeton Digital Group (PDG), which recently opened a data centre in Navi Mumbai with an investment of USD 300 million, is exploring opportunities to expand its footprints to other Indian cities. Last week, PDG unveiled a data centre in Na
Koo, 2nd largest micro blogging platform, invites world to #JoinKoo. / -- Koo App, a two-year-old independent startup, backed by the world's notable investors Tiger Global and Accel Partners, invites local language speakers across the world to #JoinKoo to experience its inclusive, secure, easy-to-use and free-to-access plat
Delhivery to acquire supply chain solutions firm Algorhythm Tech. Algorhythm offers end-to-end supply chain planning and execution products to clients
No base station of 5G set up by Vodafone Idea in India yet: Report. Minister of state for communications Devusinh Chauhan said in the Rajya Sabha that Jio and Airtel accounted for a total of 20,980 5G base stations in India
Daiki Axis Japan to infuse investments to expand presence in south India. Daiki Axis Japan will infuse fresh investments to expand its presence in south India, a company official said. In November, Haryana Chief Minister Manohar Lal Khattar inaugurated the company's second unit in India in Palwal, which was set up with an invest
IRM India Affiliate, Ultratech to bolster risk-readiness in cement sector. The two will be organising webinars, roundtables, industry meetings, and thought leadership articles towards knowledge building for the sector
Urban Company ties up with NSDC to train and certify new employees. The company will train and upskill "thousands" of unskilled workers and provide digital certificates
Waaree says will expand module manufacturing capacity to 12 GW by Mar 2023. Solar equipment maker Waaree on Tuesday said it will ramp up its module manufacturing capacity to 12 GW by March 2023 from the existing nine GW. Waaree, a leading solar panel manufacturer, currently, has a 9 GW module manufacturing facility operational. Fu
Jungle Ventures-backed BetterPlace raises mn in series C funding. The firm is a SaaS platform for frontline workforce management, with a user base of 1,100 large enterprises
NTPC Group crosses 3GW of operational renewable energy capacity. State-owned power giant NTPC on Tuesday said that the NTPC Group including joint ventures and arms crossed 3GW of operational renewable energy (RE) capacity. The NTPC Group achieved this milestone with commissioning of first part capacity of 100 MW out of
1,260 mandis onboarded on eNAM in 25 states and UTs so far, says Tomar. The Centre on Tuesday informed Parliament that it has achieved integration of 1,260 wholesale mandis, located in 22 states and three union territories, with the electronic-National Agriculture Market (e-NAM). Right now, farmers auction their agricultural p
Entire op capacity now zero-waste-to-landfill certified: Adani Green Energy. Renewable energy firm Adani Green Energy on Tuesday said that its entire operating capacity is now zero-waste-to-landfill certified. "Adani Green Energy Ltd (AGEL), the renewable energy arm of the diversified Adani portfolio companies has received the Zero
Sundar Pichai calls on Jaishankar to discuss India's digital transformation. India's digital transformation and global strategic developments figured prominently in a meeting on Tuesday between External Affairs Minister S Jaishankar and Google and Alphabet CEO Sundar Pichai. On Monday, Pichai said Google is building voice and text
Larsen & Toubro commits Rs 11 cr to support over 100 schools in Tamil Nadu. Engineering and construction conglomerate, Larsen and Toubro has committed Rs 11 crore to support over 100 schools in Tamil Nadu under the government's 'Namma School' initiative, the company said on Tuesday. The funds are aimed at benefitting government sc
Telecos divided over benefits of artificial intelligence, big data tech. Operators have taken up conflicting positions on the need to create common AI terminology standards before leveraging the new-age technology in the telecom industry
Capacit'e Infraprojects bags Rs 117 cr order from DLF to build Mall in Goa. Construction firm Capacit'e Infraprojects Ltd on Tuesday said it has bagged an order worth Rs 117.20 crore from DLF Ltd for the construction of a mall in Goa. The contract amount of Rs 117.20 crore excludes GST and labour cess. "Capacit'e Infraprojects Ltd
IndiGo airline ranked number one in on-time performance in November. IndiGo carried more passengers on a sequential basis, while its market share fell to 55.7 per cent (from 56.7 per cent in October)
Sterling and Wilson RE promoters to sell up to 10 mn share for Rs 270 cr. Sterling and Wilson Renewable Energy promoters Shapoorji Pallonji and Company and Khurshed Yazdi Daruvala will sell up to one crore equity shares through the offer for sale route at a floor price of Rs 270 per piece on Wednesday and Thursday. Khurshed Yaz
HZL to spend over bn in shift to turn into a green energy user. The Vedanta group firm Hindustan Zinc (HZL), which is the world's second-largest manufacturer of the metal, is planning to invest over USD 1 billion (around Rs 8,270 crore) to convert its diesel-fired mining vehicles into battery-operated ones and also to
Indians flocking both foreign and local getaways as travel recovers: Airbnb. The traveller is also expanding his travel horizons, looking to explore new getaways abroad
Flexi staffing industry grows by 6%, adds 78,000 jobs in July-Sept. The Indian flexi staffing industry added 78,000 jobs in July-September 2022, up 6 per cent as compared to the previous quarter, on account of rise in demand across all sectors, a report said. "Buoyed by a strong festive season and rising demand across sect
Ericsson scaling up production in phases at Pune to meet India' 5G demand. Ericsson is supplying its equipment to both Bharti Airtel and Reliance Jio while Vodafone Idea is yet to finalise its 5G plans
UTI AMC's shares soar 10% on reports of Tata group eyeing majority stake. There were similar reports in August 2022 and UTI AMC had then denied having any knowledge about it
YouTube creators contributed Rs 10,000 cr to India's GDP in 2021: Study. Video sharing platform supported more than 750,000 full-time equivalent jobs in the country
Jio installed 5x more 5G radios than Airtel as of Nov: Telecom dept in RS. Airtel cites difference in tech after govt presents data in Rajya Sabha
Buyback offer for shares worth Rs 85 cr to open on Dec 26: Dhanuka Agritech. Dhanuka Agritech Ltd on Monday said its buyback offer for shares worth Rs 85 crore will open on December 26. The buyback will close on January 6, 2023, the company said in a regulatory filing. The company has proposed to buy back 10 lakh shares of face val
Wipro Consumer enters food category; acquires Nirapara for undisclosed sum. The acquisition will give Wipro Consumer Care and Lighting an entry into the Rs 70,000-crore spices market, which recently witnessed the entry of companies such as Dabur India
RE firms may use rupee loans to refinance bn overseas green bonds. Costly overseas funds forcing them to tap domestic sources
Sebi issues Rs 4.29 cr demand notice to Deccan Chronicle Holdings promoters. Capital markets regulator Sebi has sent a notice to Deccan Chronicle Holding's promoters and asked them to pay Rs 4.29 crore in a matter related to misrepresentation of financial statements of the company from FY 2008-09 to 2011-12. The regulator directed
To ease debt, L&T looks to offload Nabha Power, pare Hyd Metro stake. The objective is to reduce the Rs 18,000-crore debt on the books of these firms, said D K Sen, whole-time director and senior executive vice-president (development projects), L&T
Google has trained 40,000 people in cybersecurity so far: Vice President. The firm has committed to upskill 100,000 people, says Royal Hansen, adding that India was very similar to the US and Europe in terms of challenges and work in the domain of cybersecurity
BharatPe CEO called co-founders over drinks to poison against me: Ashneer. Grover wrote that taking advantage of the fact that "I do not indulge in alcohol, he would call Bhavik and Shashvat for drinking sessions and poison them against me
VC funds reduce number of deals with start-ups by a fifth in 2022: Study. Total investment in such firms in India stood at bn in 2022, compared to bn in 2021
Net leasing of office space likely to rise 41-49% across 7 cities in 2022. Net leasing of office space is likely to rise by 41-49 per cent across seven major cities this year on a lower base and improved demand post-pandemic, according to JLL India. Net absorption or leasing of office space stood at 26.2 million square feet in 20
Call centres' response time to customers dipped in 2022, says report. Period taken to connect to business representative increased to 56 seconds, from 45 seconds in 2021
Wipro acquires packaged traditional food and spices brand Nirapara. Wipro Consumer Care on Monday announced its entry into the packaged food and spice segment by acquiring Nirapara, one of the largest-selling traditional food brands in Kerala. The deal size was not disclosed by the company. The Wipro group arm has signed a
Tata in talks to buy majority stake in UTI AMC from 4 PSU finance entities. If the deal goes through, Tata AMC and UTI AMC's combined entity could become the fourth-largest asset manager in India
Flexi staffing grew 6% in July-Sept, added 78,000 new jobs: Report. 78,000 new workers added in this period, marking third straight quarter of growth
Mobile user base dips for second straight month, shrinks by 1.82 million. The number of mobile users has fallen twice in the past eight months now, latest fall concentrated in urban India
Migrate your tweets and come to Koo, CEO Radhakrishna offers in new move. Koo -- the Made-in-India rival of Twitter -- has offered to migrate all historic tweets of any Twitter user willing to shift to its platform that will continue to not charge users for verification badge, its co-founder and CEO Aprameya Radhakrishna said. S
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