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NSE share market NEWS tomorrow (16 December, 2022). NSE stocks in NEWS (tomorrow)

NSE share market NEWS tomorrow (16 December, 2022). NSE stocks in NEWS (tomorrow) These are NSE stocks which will be in NEWS tomorrow as on 16 December 2022

Kalyan Jewellers was amongst the top gainers, currently trading at 125.45 in NSE with 5.47 times change in volumes and 5.464% change in price. Other gainers included Tube Invest with 3.184% price change and 2.802 times volumes, Cyient with 3.076% price change and 4.833 times volumes, Pb Fintech with 2.317% price change and 3.134 times volumes, and Coforge with 1.996% price change and 2.263 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.

Polycab India was amongst the top losers, currently trading at 2753.90 in NSE with 3.167 times change in volumes and -7.632% change in price. Other losers included Union Bank with -5.941% price change and 0.902 times volumes, Pnb Housing with -5.86% price change and 0.263 times volumes, Yes Bank with -5.568% price change and 0.851 times volumes, and Prestige Estates with -5.163% price change and 0.593 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.

One day in office, remote work for rest of the week for Meesho employees. E-commerce firm's Flexi-Office model offers employees financial support for relocating

YouTube Music may soon allow users the ability to create custom radio. Google-owned music streaming platform YouTube Music might soon allow users the ability to create a custom radio

ReNew signs pact with Microsoft India to supply 150 MW green energy. ReNew said it will produce the clean energy at its recently commissioned solar site near Bikaner in Rajasthan to supply it to the technology company

Court lifts I-T department's block on Xiaomi's Rs 3.7K-crore funds. A court is yet to pronounce a decision on the case following Xiaomi's challenge

Twitter suspends accounts of several journalists covering Musk, his company. Twitter has abruptly suspended the accounts of several high-profile journalists who cover the social media platform and Elon Musk, who acquired the company in October. The accounts of Ryan Mac of The New York Times, Donie O'Sullivan of CNN, Drew Harwell of

Air India jumbo order includes 190 Boeing MAX, 30 787s, say sources. The deal is also expected to include an unspecified number of Boeing 777X long-range jets, according to sources

Tata Motors subsidiary signs deal with BMTC to supply 921 electric buses. Automobile major Tata Motors on Friday announced that Bengaluru Metropolitan Transport Corporation (BMTC) has signed an agreement with its subsidiary company for the operation of 921 low-floor electric buses in the city. As part of the agreement, subsidiar

ONDC requires massive efforts before it goes public, says DPIIT secy. Says network needs a certain number of people before it is taken to the public; fashion, home & kitchen, electronics, beauty & personal care categoroes likely to go live in next 4-8 weeks

-million penalty: KPMG India settles with US audit regulator PCAOB. The PCAOB found that Lakhani and certain other engagement team members signed off on blank placeholder work papers in KPMG India's electronic audit software

NCPCR summons BYJU's CEO Raveendran over allegation of malpractice. Apex child rights body NCPCR has summoned edtech BYJU's CEO over allegations that it is indulging in malpractices to lure parents and children to buy their courses. According to a media report, BYJU's is facing a range of complaints on social media platfor

Surprise corporate actions by Indian tech darlings spur scrutiny. While within the rules, experts not convinced by buyback move of fintech firms

Boeing closes in on large 737 Max order from Tata group's Air India. The final deal between Air India and Boeing is expected to include 40 to 50 Max aircraft that were built for Chinese carriers but never delivered due to an extended grounding of the US jet

Foxconn building hostel to house 60,000 employees in Tamil Nadu: Report. In response to the strong domestic demand for Apple products and Foxconn's aim to diversify away from China, 'brisk construction' is going on at a 20-acre plot in Tamil Nadu

Elastic to expand in India after global layoffs, says CEO Ashutosh Kulkarni. Founded in 2012, the billion company provides enterprise search, observability, and security through its flagship offering ELK Stack

Surprise corporate actions by Indian tech darlings spur investor scrutiny. Nykaa and Paytm are among a flurry of hot startups that came to the Indian market with much fanfare

Disney set to offload entire stake in Tata Play during IPO: Report. Disney's move comes at a time when it is focusing on its broadcast and streaming service businesses in India

Meta removes 40 accounts of India's CyberRoot Risk Advisory for phishing. Social media giant Meta has taken down over 40 accounts operated by an Indian firm CyberRoot Risk Advisory, allegedly involved in hacking-for-hire services, the online giant said in a report. Meta also took down a network of about 900 fake accounts on Inst

IndiGo seeks final approval from DGCA to wet lease B777 aircraft. IndiGo airline is planning to wet lease aircrafts to meet the growing demand for air travel

Twitter will suspend accounts engaged in doxxing for 7 days: Elon Musk. Elon Musk on Friday announced that Twitter accounts engaged in doxxing will receive a temporary seven-day suspension

Shriram Pistons to acquire majority stake in EMFi to foray into EV space. Auto component maker Shriram Pistons & Rings on Friday said its unit will acquire a majority stake in electric motor design and manufacturing firm EMF Innovations to foray into the electric vehicle mobility space. SPR Engenious Ltd (SEL), a wholly-owned su

As Infosys turns 40, what may be its future challenges?. IT major Infosys marked its four decades in business on Wednesday. While the founders spoke about the future course of the company, what are the challenges it needs to address in the next 10 years?

Reform will propel fundamentals of India's performance: N Chandrasekaran. Reform will be a key pillar that will propel fundamentals of India's performance in the coming decades, which have a major growth opportunity for the country, Tata Sons Chairman N Chandrasekaran said on Friday. While the country can look forward to becomin

ACME Group forays into wind power sector with 50 MW project in Gujarat. ACME Group on Friday announced its foray into the wind power sector with a 50 MW project in Gujarat. The group has forayed into the wind power business and signed a power purchase agreement (PPA) with Gujarat Urja Vikas Nigam Limited (GUVNL), a company sta

Global mobile ad spend to reach 2 billion in 2023, says new report. The report says mobile will take over share of advertising wallet as more time than ever before is spent in apps

GMM Pfaudler falls over 18% on report of promoter selling bulk stake. Shares of GMM Pfaudler fell as much as 18.1%, their worst intraday percentage fall in nearly five years, after a report said that one of its promoters will sell the bulk of its stake

Binny Bansal-backed fashion startup Virgio raises mn from Prosus, others. Set up in 2022 by former Myntra CEO Amar Nagaram, Virgio's model uses technology across processes to streamline the entire fashion lifecycle and enable a real-time fashion offering

Ashneer hits out at BharatPe Chairman, says hiring him 'biggest mistake'. After attacking BharatPe CEO Suhail Sameer, the company's former co-founder and MD Ashneer Grover hit out at Rajnish Kumar, Chairman of board of directors, saying hiring him was his 'biggest mistake'

Noventiq acquires India's leading cloud managed services provider G7 CR. Noventiq did not disclosed the sum for which it acquired G7 CR Technologies India Pvt Ltd

Innovation, tie-ups key for India to become core of supply chain: M&M CEO. Scaling up innovation, more collaboration across businesses, larger firms, MSMEs and innovators are critical for India to become the core in the global supply chain instead of just being in the periphery, Mahindra & Mahindra Managing Director and CEO Anish

IIFL Home Finance invests Rs 50 cr in Eon Group's Mumbai township project. Realty firm Eon Group on Friday said it has raised Rs 50 crore from IIFL Home Finance for its township project in Mumbai. IIFL Home Finance has recently invested Rs 50 crore senior-secured construction debt in its affordable housing township 'Riverwood Par

LIXIL launches its first Asia Pacific cistern assembly unit in Mumbai. Built on 23,500 sq ft, the unit will have a production capacity of 150,000 units in its first year; it is designed to raise that to 300,000 units in the second year

Amazon delays joining date of some graduates amid cost-cutting efforts. Some university graduates were set to join Amazon in May but their joining has been delayed likely as a result of cost-cutting efforts

CCPA issues notices to Flipkart, Meesho for sale of acid on their platforms. The Central Consumer Protection Authority (CCPA) has sent notices to e-commerce players Flipkart and meesho.com for gross violations of norms relating to sale of acid on their platforms. The notices follow reports that in recent acid attack on a girl in Dw

IRM Energy files draft papers with Sebi, eyes up to Rs 700-crore via IPO. City gas distribution company IRM Energy Ltd has filed preliminary papers with capital markets regulator Sebi to raise up to Rs 700 crore through an initial public offering (IPO). The IPO is a fresh issue of up to 1.01 crore equity shares by existing share

PNB Housing Fin opens 'Roshni' branches for affordable housing loans. PNB Housing Finance on Friday said it has opened 'Roshni' branches in various locations, including tier II and III cities, for deepening its customer base in the affordable housing segment. Through its affordable home loan scheme Roshni, the city-based len

RBI asks Razorpay, Cashfree to temporarily stop onboarding of new customers. The Reserve Bank of India has asked Razorpay and Cashfree to temporarily stop the onboarding of new customers for their payment processing business, according to a source. On the banking regulator's order, Razorpay said it is a temporary move and has no im

Kalpataru Power Transmission bags Rs 1,397-cr new orders in India, abroad. Kalpataru Power Transmission Limited (KPTL) on Thursday said it has bagged new orders worth Rs 1,397 crore in the transmission and distribution (T&D) segment. The orders have been secured in India and overseas markets in the T&D business, KPTL said in a st

Maiden Pharma's cough syrups are safe, WHO jumped the gun: DCGI. 'Irreparable damage' to Indian pharma's global image, drug regulator writes to WHO

Won't cooperate if issues are not resolved, say Air India pilots. The unions represent pilots from both the narrow-body Airbus and wide-body Boeing fleets

Hyundai Motor India to increase vehicle prices from January 2023. Hyundai Motor India Ltd on Thursday said it will increase prices of its vehicles across models from next month citing rising input cost. The company joins the likes of market leader Maruti Suzuki India, Tata Motors, Mercedes-Benz, Audi, Renault, Kia India

Ramkrishna Forgings to acquire up to 51% stake in TSUYO Manufacturing. Ramkrishna Forgings on Thursday said its board has approved a proposal to acquire up to 51 per cent stake in TSUYO Manufacturing. The company did not disclose the deal size. A decision in this regard was taken by the company's board at a meeting on Wednesd

Biocon starts new clinical study to evaluate efficacy of Itolizumab. Biotechnology major Biocon on Wednesday said it has initiated a clinical study in collaboration with Equillium Inc to evaluate efficacy of Itolizumab in patients with Ulcerative Colitis. This is a phase two randomised, double-blind, parallel-group, placebo

IDBI Bank files insolvency plea against Zee Ent to recover Rs 149 cr. IDBI Bank has moved the National Company Law Tribunal (NCLT) against Zee Entertainment Enterprises Ltd (ZEEL) seeking an insolvency proceeding against the media firm to recover dues of Rs 149.60 crore. IDBI Bank has claimed an amount of Rs 149.60 crore, wh

Zoho Corporation records 57% rise in CAGR from Zoho Desk in 5 years. Global technology company Zoho Corporation on Thursday said its customer service platform Zoho Desk, witnessed a 57 per cent compounded annual growth rate in revenues over the last five years. Zoho Desk unifies Human-Driven and Bot-powered customer service

137 orders every minute: Swiggy reveals India's favourite dish in 2022. Swiggy's top customer was in Bengaluru, making a single order of Rs 75,378 placed during Diwali in October

Landmark Cars IPO subscribed by 3 times on last day of subscription. The Initial Public Offer (IPO) of automobile dealership chain Landmark Cars got subscribed 3.06 times on the last day of subscription on Thursday, helped by huge interest from institutional buyers. The IPO received bids for 2,46,45,186 shares against 80,41

Reliance Retail arm takes on Tatas, ITC: Launches FMCG brand 'Independence'. Made-for-India consumer packaged goods brand Independence will roll out nationally after Gujarat unveiling

Delhi HC calls for Centre's stand on NIA probe against DHFL's ex promoters. The Delhi High Court Thursday sought to know the Centre's stand on a plea seeking a probe by NIA against several persons, including former DHFL promoters Kapil and Dheeraj Wadhawan facing prosecution in a multi-crore bank loan scam case, for allegedly indu

After SC rap, DMRC launches Rs 7,100 crore rights issue for RInfra dues. Transporter asks Centre, Delhi govt to infuse equity of Rs 3,500 crore each

HPCL to raise Rs 10,000 cr in debt to fund oil refining, fuel marketing ops. Hindustan Petroleum Corporation Ltd (HPCL) will raise Rs 10,000 crore in debt from domestic or overseas market to fund its oil refining and fuel marketing operations, the company said on Thursday. The board of the company at its meeting on Thursday "approv

Consumer protection authority seeks explanation from Flipkart on acid sale. The Central Consumer Protection Authority (CCPA) has sought explanation from e-commerce player Flipkart regarding sale of acid on its online platform, sources said. Flipkart has been asked to give explanation within the next seven days. The explanation fol

Hinduja group to invest Rs 35,000 crore in Maharashtra across 11 sectors. The Maharashtra Government on Thursday said the Hinduja group will be investing Rs 35,000 crore in the state. The Chief Minister's Office tweeted that an MoU was signed between the state government and Hinduja group in the presence of Chief Minister Eknat

Centre mulls building several refineries, not one UAE-Saudi plant. "The role of Maharashtra government is crucial in acquiring the land," the source said

Two internal candidates in race for Hindustan Unilever CEO position. "This step is in the right direction in embracing progressive corporate governance practices," HUL said in its statement

4 workers injured in fire incident at Vedanta ESL Steel plant in Jharkhand. Four workers associated with ESL Steel Ltd, a Vedanta Group firm, were injured due to a fire incident at its plant in Jharkhand's Bokaro district, an official said on Thursday. All the injured persons, who are residents of neighbouring West Bengal, were ad

Wipro signs multi-year deal with Finastra for corp banks in Middle East. IT company Wipro on Thursday said it has signed a multi-year digital transformation partnership with fintech firm Finastra for corporate banks in the Middle East. The multi-year engagement will make Wipro the exclusive implementation and go-to-market partn

SaaS major Freshworks lays off 90 employees globally; 60 in India. The company's founder chief executive, Girish Mathrubootham too termed it as a structural change, rather than a company-wide layoff

Sebi penalises 10 entities for manipulating Millitoons Ent's stock prices. Capital markets regulator Sebi on Thursday levied fines totalling Rs 85 lakh on 10 entities for manipulating the share price of Millitoons Entertainment Ltd (MEL). The regulator imposed fines in the range of Rs 5-10 lakh on Preyashbhai Sathvara, Sejalben P

Etihad Airways expands in India; Kolkata-Abu Dhabi service to begin in 2023. Etihad Airways plans to expand its flight network in India with additional services to Ahmedabad, Chennai, Cochin and Delhi starting from early next year. The Gulf carrier on Thursday also announced plans to launch a daily flight service to Kolkata from A

Twitter must tell fired workers about severance lawsuit, says US judge. Filed by a handful of workers, the suit alleges Twitter failed to give the required 60 to 90 days notice about the mass layoffs and is shortchanging the former employees on severance pay

Infosys@40: From an idea in a one-bedroom apartment to a .41 bn company. The IT services company which was established four decades ago is focusing on cutting-edge innovations in areas such as cybersecurity, cloud computing and data analytics

Will the share buyback revive Paytm's fortunes?. The board of One 97 Communications Ltd has approved a share buyback proposal. It came less than 13 months after Paytm's disastrous listing. How will the buyback affect Paytm's fortunes and investors?

Shriram Group to have metaverse presence in first quarter of 2023. It would be the first NBFC in India to give customers such a service

Satellite imaging start-up GalaxEye Space gets .5 mn seed funding. Company says its technology helps in all-weather imaging without atmospheric interference

Bucking the trend, IT companies in India to increase hiring in 2023: Survey. India is going to be an overall employment gainer in 2023 due to a stable geographical, economic and political foundation: Randstad

Microsoft, Viasat partner to deliver satellite internet globally by 2025. Microsoft announced that it has partnered with global communications company Viasat to deliver satellite internet access to 10 million people across the world by 2025

Piramal Finance launches innovation lab in Bengaluru, to have 300 members. Piramal Capital & Housing Finance Ltd., (Piramal Finance), the wholly-owned subsidiary of Piramal Enterprises Ltd ('PEL'), on Thursday announced the opening of its 'Innovation Lab' at Bengaluru, where it aims to have a team of over 300 professionals for va

Scindia inaugurates Air India's direct flight between Mumbai-San Francisco. Civil Aviation Minister Jyotiraditya Scindia on Thursday inaugurated Air India's direct flight between Mumbai and San Francisco. The flight will be operated thrice a week. After the Tata group took over the loss-making Air India in January this year, the a

Tata Steel officially partners FIH Men's World Cup 2023 in Odisha. The FIH Odisha Hockey Men's World Cup will be the fourth time that India will be hosting the prestigious tournament

Reliance group launches its indigenous FMCG brand 'Independence' in Gujarat. Reliance Group is planning to extend the Independence brand and include retailers from outside Gujarat in the coming months

Macrotech Developers to invest Rs 330 cr to build warehouse in Mumbai. Realty firm Macrotech Developers will invest Rs 330 crore to develop a premium warehousing project in Mumbai as part of its expansion plan and to tap rising demand from e-commerce and third-party logistic companies. Macrotech Developers, which markets its

NeoGrowth raises Rs 300 cr from Dutch lender FMO, existing investors. Small businesses-focused fintech player NeoGrowth has raised Rs 300 crore from Dutch entrepreneurial development bank FMO along with existing investors. Of the fresh equity capital, Rs 160 crore has been pumped in by the Dutch lender, NeoGrowth said in a s

Visa consultancy firm BLS International crosses bn in market cap. Delhi-based company says its business gained after countries eased travel restrictions for Covid-19

Auto aftermarket firm myTVS raises Rs 203 cr in funding from Lingotto. Company earlier got Rs 487 cr from Castrol India for business and technology collaborations

Five parts being made at Nagpur plant to be integrated with all Rafale jets. Five Rafale parts being manufactured in the Dassault Reliance Aerospace plant in Nagpur are sent to France to get fitted in all the Rafale jets, not just the Indian ones. Consul General of France in Mumbai Jean-Marc Sere-Charlet and a delegation of the reg

Logistics services platform Delhivery now live on government's ONDC. Logistics services provider Delhivery on Thursday said its network is now live on the government's Open Network for Digital Commerce (ONDC) platform

CoinSwitch to foray into wealth tech, launches new logo, mobile app. CoinSwitch is expected to launch its new products by 2023 to become the first Indian crypto company to diversify into other asset classes

iPhone 14 Emergency SOS via satellite helped rescue 2 people in car crash. The Emergency SOS via satellite and the Crash Detection feature of the iPhone 14 has helped rescue two people in a serious car crash in the US.

Cyber attacks will grow as hackers get sophisticated: Top Cisco executive. Jeetu Patel says building cyber security for mass markets is the need of the hour

French spirits major Pernod Ricard appoints Paul-Robert Bouhier as India MD. French spirits major Pernod Ricard on Wednesday announced the appointment of Paul-Robert Bouhier as its new Managing Director for India. Robert takes the reins from Thibault Cuny, who stepped down in October 2022 due to health issues. His appointment as Pe

40% of all vehicles sold will be electric by 2030, says Bain & Co report. Report estimates that 4-5 million EVs will be sold across segments in 2026

TSF Group unveils manufacturing unit of Leggaro Composites for expansion. The TSF Group, a part of the erstwhile TVS Group, inaugurated the manufacturing facility of Leggaro Composites aimed at stepping up presence in the country, a top official said on Wednesday. The manufacturing unit was part of the strategic partnership betw

Torrent Pharma, Boehringer Ingelheim India to co-market diabetes drug. Torrent Pharmaceuticals on Wednesday said it has inked a pact with Boehringer Ingelheim India to co-market diabetes drug and its combinations in the country. The company has inked an agreement to jointly sell Cospiaq (Empagliflozin), Cospiaq Met (Empaglifl

Microsoft to integrate Teams into Outlook, all users can try from March'23. Microsoft has started testing a new feature, Teams chat, that it plans to integrate into Outlook soon

Tech layoffs surpass Great Recession levels, set to get worse in early 2023. The massive layoffs by the tech companies this year alone have surpassed the levels from the Great Recession the world went through 2008-2009 that began with Lehman Brothers collapse

Power producer NTPC to sell stake in green energy business: Sources. The deal marks the first green transaction by an Indian state company, which has drawn interest from investors, such as Canada Pension Plan Investment Board (CPPIB), Malaysia's Petronas and Brookfield

Bosch Global Software Technologies inaugurates smart campus in Hyderabad. Bosch Global Software Technologies(BGSW) on Wednesday inaugurated its new smart campus here to strengthen its software-centric product innovations. The Centre of Excellence is a technology and innovation R&D hub focused on automotive engineering and digita

Arjas Steel to invest Rs 610 cr to augment capacity to 0.55 million tonne. Arjas Steel, formerly Gerdau Steel, on Wednesday announced a Rs 610 crore capex to increase its annual production capacity to 5.5 lakh tonne, adding over 37.5 per cent to its existing capacity across its Andhra and Punjab plants. The company operates two p

WhatsApp Pay's India head steps down amid series of top-level departures. Vinay Choletti leaving as Meta-owned messaging platform ramps up investments in its payment service in India

Anarock facilitates sale of 1,455 unsold units so far in stalled projects. Property consultant Anarock, which has got the mandate to sell over 5,000 unsold flats of erstwhile Amrapali group, on Wednesday said it has facilitated the sale of 1,455 housing units so far. State-owned NBCC has undertaken the completion of many resident

Competition Bill: Panel asks for explicit definition of material influence. FICCI in its response to the standing committee had said that the introduction of material influence as proposed would still keep its definition vague and open to interpretation

Indian winemaker Sula's IPO oversubscribed with bids worth 0 million. Investors had bid for 43.8 million shares by the final day of bidding, 2.33 times the 18.8 million shares on offer, with institutional investors showing the most interest, exchange data showed

Abans Holdings IPO receives 46% subscription on third day of offer. The initial public offering of Abans Holdings, financial services arm of the Abans Group, got subscribed 46 per cent on the third day of offer on Wednesday. Abans Holdings' Initial Public Offer (IPO) received bids for 58,75,155 shares against 1,28,00,000 s

Infosys founders take trip down memory lane on company completing 4 decades. As IT major Infosys commemorated its four decades of existence, its founders reminisced about the company's journey on Wednesday. N R Narayana Murthy, Nandan M Nilekani, S Gopalakrishnan, S D Shibulal and K Dinesh took a trip down memory lane at its campus

India will aim to achieve 0 bn export target for textiles by 2030: Goyal. Citing the case of the FTA negotiations with the United Kingdom, Goyal said the country had a 9 per cent duty on different items and if that goes away, it will benefit the sector, he said

Meta restores video of sexual assault on woman citing newsworthiness. Social media major Meta's oversight board has upheld company's decision to restore a video of sexual assault allegedly on a tribal women by a group of men on Instagram citing newsworthiness in the content, the board said on Wednesday. In March 2022, an Ins

Supreme Court to examine if tariff determined under PPA can be revised. The Supreme Court on Wednesday sought the response of Tata Power to an appeal filed against the Andhra Pradesh High Court order which held that tariff determined under long-term Power Purchase Agreement (PPA) cannot be revised by a State Electricity Regula

Braithwaite aims Rs 1,000 cr topline in FY23, wagon dependence down to 50%. State-run Braithwaite & Co Ltd on Wednesday said it has reduced its dependence for revenue on wagons to 50 per cent in the last two to three years as it diversified into new areas to turn around and propel growth. The company was projecting revenue growth

Construction work on Adani port in south India to speed up to meet deadline. Clashes between police and protesters in November injured more than 100 people, including 64 police officers

AstraZeneca Pharma India's MD resigns; appoints Sanjeev Panchal for 3 years. AstraZeneca Pharma India on Wednesday said Gagandeep Singh Bedi has resigned from the post of managing director. The drug firm said it has approved the appointment of Sanjeev Panchal as its managing director for a period of three years with effect from Jan

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