NSE share market NEWS tomorrow (14 December, 2022). NSE stocks in NEWS (tomorrow)
NSE share market NEWS tomorrow (14 December, 2022). NSE stocks in NEWS (tomorrow) These are NSE stocks which will be in NEWS tomorrow as on 14 December 2022
Pg Electroplast was amongst the top gainers, currently trading at 1169.95 in NSE with 9.791 times change in volumes and 10.592% change in price. Other gainers included Idea Cellular with 9.494% price change and 7.656 times volumes, Pnb Housing with 8.577% price change and 10.246 times volumes, Suzlon Energy with 7.921% price change and 2.351 times volumes, and Sona Blw with 6.513% price change and 2.521 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.
Yes Bank was amongst the top losers, currently trading at 22.10 in NSE with 0.951 times change in volumes and -7.724% change in price. Other losers included Colgate Palmolive with -4.299% price change and 7.484 times volumes, Page Industries with -3.045% price change and 4.816 times volumes, Bank India with -2.21% price change and 0.742 times volumes, and Iifl Holdings with -2.059% price change and 1.238 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.
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
I'm last of the jokers left; no plan B after I leave Infosys: Nilekani. 'I was completely wrong,' Murthy rues not allowing founders' children to join the company
Centre to sell up to 5% stake in IRCTC via OFS to garner Rs 2,720 crore. Floor price fixed at Rs 680/share, an over 7% discount to Wednesday closing price
Mahindra CEO sees US entry for new electric vehicles at least 5 years away. A US market entry "could likely be longer than five years because we have to win in some of our key markets first," including Europe, he added
Vedanta emerges as successful bidder for Bicholim mining block in Goa. In a development paving the way for resumption of iron ore mining in Goa, the state government announced on Wednesday that Vedanta Limited has emerged as successful bidder for a mining block auctioned earlier this year. Chief Minister Pramod Sawant told re
Infosys aims to create India different from 20th century model: Murthy. IT giant Infosys founder N.R. Narayana Murthy said on Wednesday that the company aims to create an India which would be different from the 20th century model
Go First plane flying to Goa suffers technical snag, returns to Mumbai. A Go First aircraft flying to Goa returned to Mumbai airport due to a technical snag on Wednesday, according to a DGCA official. The official said the aircraft VT-WGP operating G8-371 BOM-GOI had an air turn back due to vent avionics fault. Details about t
Poonawalla Fincorp to sell housing finance unit to TPG for Rs 3,900 cr. PFL to explore inorganic investments for business growth
Carlyle, Advent buy 9.99% stake in Yes Bank, to pump in about Rs 8,896 cr. Yes Bank on Tuesday said private equity majors Carlyle Group and Advent have picked up 9.99 per cent stake in the bank. The two private equity (PE) funds together would pump in about Rs 8,896 crore in Yes Bank with full conversion of warrants into equity.
Amazon faces 0 mn lawsuit from Vietnamese supplier for post-Covid cuts. Gilimex Inc. said it was a key partner of Amazon from 2014 to 2022, investing tens of millions of dollars in manufacturing facilities to build the steel-and-cloth storage pods
Colgate Palmolive to focus on volume growth in India, says MD Narasimhan. According to the new MD, the naturals market, which witnessed strong growth from 2016 to 2019, has started to plateau
Retail firm Lulu Group signs deal to open 6 shopping malls, 1 hotel in UP. The Uttar Pradesh government has signed a memorandum of understanding (MoU) with hypermarket and retail giant Lulu Group to set up six shopping malls and one hotel in the state
GMR Hyderabad International Airport raises Rs 1,150 cr through NCDs. GMR Hyderabad International Airport Limited (GHIAL) which manages Rajiv Gandhi International Airport here on Wednesday said it has raised funds through the issuance of 10 year Listed, Rated, Redeemable, Secured Non-Convertible Debentures (NCDs) amounting t
Travel-tech firm OYO launches 'Super OYO' in more than 70 cities in India. Global travel technology company OYO has launched a programme to recognise hotels that provide the most consistent and high-quality customer experience
UN aviation body rejects SpiceJet claim, says it didn't inspect airline. Budget carrier said on Dec 5 its safety processes were found in order 'following an exhaustive audit conducted by the ICAO'
Govt extends bid submission deadline till Jan 7 for IDBI Bank sale. The government on Wednesday extended the deadline to submit preliminary bids for the IDBI Bank privatisation till January 7. The government and LIC together are looking to sell 60.72 per cent of IDBI Bank and had invited bids from potential buyers in Octob
JSPL sees 'very good reason' to consider RINL, NMDC: MD Bimlendra Jha. State-owned companies marked out for divestment are attractive assets, he says in interview
M&M to invest Rs 10,000 cr to set up plant in Pune for upcoming EV range. Mahindra & Mahindra Ltd on Wednesday said it will invest Rs 10,000 crore in the next 7-8 years in the manufacturing and development of electric vehicles at Pune, Maharashtra. The investment of Rs 10,000 crore for electric vehicles has been approved under t
Bharti Airtel launches 5G Plus services at no extra cost in Lucknow. Telecom operator Bharti Airtel on Wednesday announced the launch of its cutting-edge 5G services here. Airtel 5G Plus services will be available to customers in a phased manner as the company continues to construct its network and complete the rollout. Cus
Certain people used BSNL as 'cash cow' during UPA rule: Ashwini Vaishnaw. The BSNL suffered badly due to certain political parties and it was used as a "cash cow" by some people who are still members of Parliament, Communications Minister Ashwini Vaishnaw said on Wednesday. Prime Minister Narendra Modi has approved a huge projec
United Airlines places largest 787 Dreamliner order in Boeing's history. Boeing announced that United Airlines has ordered 100 787 airplanes, with the option to purchase 100 more
Coal India's 7 projects to be developed by MDOs for import reduction. State-owned CIL on Wednesday said it has issued orders for seven coal projects to be developed by mine developer and operators (MDOs). The objective of engaging MDOs through open global tenders is to augment domestic coal production and reduce reliance on
Billionaire Anil Agarwal struggles to get backers for billion chip unit. Investors to whom Agarwal pitched the plan raised concerns about the group's limited experience in the sector, say people aware of the development
State-run NTPC to raise Rs 500 crore via non-convertible debentures. State-run power giant NTPC will raise Rs 500 crore through the issuance of non-convertible debentures on a private placement on Friday. "NTPC has decided to issue unsecured non-convertible debentures of Rs 500 crore on December 16, 2022, through private pl
MeitY, Google to help 100 Indian startups scale their app business. The Ministry of Electronics and Information Technology (MeitY) Startup Hub and Google announce they will help 100 more Indian startups with the second edition of Appscale Academy
Reliance Industries Ltd is India's most-visible company, says report. Reliance Industries Ltd, India's largest corporate by revenues, profits, and market value, topped the 2022 Wizikey Newsmakers report as India's most-visible corporate in the media. State Bank of India, ICICI Bank Limited, Bharti Airtel Limited, and One 97
CoC raises base price of Reliance Capital auction to Rs 6,500 crore. Auction to be held on two days, starting December 22
HC asks Irdai to consult insurance firms about health cover for disabled. Court asked regulator and insurance companies to submit a status report before March 17, 2023
Shapoor Mistry lone representative on boards of family investments firms. Both firms own 18.4% stake in Tata Sons
Foodtech firm SaveEat raises 0,000 in funding to expand business. Start-up's app helps eateries sell their surplus food and gives customers discounts
Tata Power gets shareholder nod to appoint Mehrishi as independent director. Tata Power has received shareholders approval to appoint former Union home secretary Rajiv Mehrishi as an independent director on its board. The special resolution for the appointment of Mehrishi as an independent director was passed with requisite majorit
PTC India appoints Mohammad Afzal as power ministry nominee director. Power trading solutions provider PTC India on Tuesday said Mohammad Afzal has been appointed as power ministry nominee director on its board. Afzal's appointment has been approved by the board in a circular resolution on December 12, 2022. He is a Joint Se
Unmanned check-in counters causing congestion at airports, says govt. Airlines ask passengers to arrive early to ensure 'smooth' security check
Paytm board approves Rs 850-crore share buyback via open market. Company's directors and key management personnel will not sell any shares during the buyback period
Landmark Cars IPO receives 17% subscription on first day of offer. The initial public offer of automobile dealership chain Landmark Cars received 17 per cent subscription on the first day of offer on Tuesday. The IPO received bids for 14,04,383 shares against 80,41,805 shares on offer, as per data available with the NSE.
Abans Holdings IPO registers 28% subscription on second day of offer. The Initial Public Offer (IPO) of Abans Holdings, financial services arm of the Abans Group, was subscribed 28 per cent on the day two of offer on Tuesday. The IPO received bids for 35,27,260 shares against 1,28,00,000 shares on offer, as per NSE data. The
Paytm board okays share buyback worth Rs 850 crore at Rs 810 per share. Assuming a full buyback of Rs 850 crore and applicable buyback taxes, the total outlay would be in excess of approximately Rs 1,048 crore
557,000 firms struck off due to non-compliance with law provisions. More than 5.57 lakh companies were struck off the records in the last five years due to non-compliance with various provisions of the companies law, according to the government. Minister of State for Corporate Affairs Rao Inderjit Singh on Tuesday said tha
Indian state-run power companies close to buying Lanco asset for 5 mn. The state companies - Power Finance Corp Ltd (PFC), REC Ltd SJVN Ltd and Damodar Valley Corp (DVC) - aim to acquire the coal-fired power plant of Lanco Amarkantak in Chhattisgarh in central India
CBI files charge sheet against ex-BARC CEO in ratings manipulation case. The CBI has filed a charge sheet against former BARC CEO Sunil Lulla for allegedly manipulating viewership ratings of channels from "his ends" during his tenure in the ratings agency, officials said Tuesday. During the probe that was started on a complaint
Aviation startup Boom Technology picks engine designer for supersonic plane. Aviation startup Boom Technology says it will power supersonic passenger jets with engines designed by a company better known for making small engines used on drones and cruise missiles. Boom said Tuesday that Florida Turbine Technologies, or FTT, will des
GST Council likely to decide on decriminalisation, appellate tribunals. The GST Council, chaired by Finance Minister Nirmala Sitharaman, is likely to decide on a number of issues such as decriminalisation of GST offences, setting up of Goods and Services Tax Appellate Tribunals and tax evasion by pan masala and gutkha companie
Lenders ask Byju's to liquidate US assets to part-repay .2-bn loan. The company is seeking a restructuring of the loan, but it faced steep losses. Around this time, some activist investors bought some of the bonds
Lulu Group to open 6 shopping malls, 1 five-star hotel in Uttar Pradesh. The Uttar Pradesh government on Tuesday signed a memorandum of understanding (MoU) with hypermarket and retail giant Lulu Group to set up six shopping malls and one hotel in the state
Adani Transmission incorporates wholly-owned subsidiary Adani Cooling Sol. Adani Transmission on Tuesday said it has incorporated a wholly-owned subsidiary Adani Cooling Solutions Ltd. According to a regulatory filing, the subsidiary was incorporated on Monday with an initial authorised and paid up share capital of Rs 1,00,000 ea
Elon Musk's Twitter disbands its 100-member Trust and Safety advisory group. Elon Musk's Twitter has dissolved its Trust and Safety Council, the advisory group of around 100 independent civil, human rights and other organisations that the company formed in 2016 to address hate speech, child exploitation, suicide, self-harm and othe
Aditya Birla Capital considering selling insurance brokerage unit. The publicly-traded company has held talks with potential buyers about a sale of Aditya Birla Insurance Brokers Ltd. as it failed to scale up the 19-year-old business
Byju's lenders seek immediate part-repayment of .2 billion loan. The lenders have hired Houlihan Lokey Inc. to advise them on amending covenants after the edtech titan breached terms, including a September deadline for filing its results
Paytm's share buyback plan draws skepticism over growth prospects. While a buyback could help stem the rout in Paytm shares at least temporarily, investors are questioning the attempt to manage the stock price rather than putting the cash to use for business
Paytm board to consider share buyback today; check all details here. According to the company's liquidity report, Paytm has liquidity of Rs 9,182 crore, and in November, the company stated that it would become cash flow positive in the next 12-18 months
Meta shuts down Connectivity division; plans to split segment across teams. Meta has reportedly shut down its Connectivity division almost 10 years after launching the initiative
Online education company for IT services Pluralsight lays off 400 employees. Online education company for IT professionals, Pluralsight, which was recently valued at more than billion has announced to lay off 20 per cent of its global workforce, about 400 employees
Cell manufacturer Godi India announces new technology to improve EV range. Silicon-based cells can store nearly ten times energy, give an electric vehicle greater range
Vedanta inks pacts with 30 Japanese firms for semiconductor manufacturing. Vedanta Group on Tuesday said that it has signed pacts with 30 Japanese technology companies to develop an Indian semiconductor and glass display manufacturing ecosystem. The pacts were signed at the Vedanta-Avanstrate Business Partners Summit 2022 held la
Fosun's sale of Gland Pharma to become India's biggest pharma deal: Report. With the acquisition, Gland pharma may also get access to global companies like AstraZeneca, Sanofi, Mylan, and Organon
IL&FS resolves Rs 56,943 cr debt as of Sept, addresses 93% of target. Infra lending firm's affidavit says it has reduced the number of entities under it from 302 to 101
upGrad strengthens domestic leadership with 2 strategic appointments. upGrad Strengthens Its Domestic Leadership with Two Strategic Appointments
Higher output could boost Coal India's spot sales, says Pramod Agrawal. "I think in the first half, we have done a little over 30 million tonnes. In the next half, our e-auction sales may go up to 40 million tonnes," Chairman Pramod Agrawal said
Uniparts India makes tepid market debut; shares settle nearly 7% lower. Shares of engineering systems and solutions provider Uniparts India made a tepid market debut on Monday and settled nearly 7 per cent lower against the issue price of Rs 577. The company's shares debuted at Rs 575 -- 0.34 per cent lower than the issue pric
Severity of injuries worst among auto workers in Pune, shows SII report. Nearly 83 per cent incidents in Pune reported a loss of body part of the worker, as compared to 67 per cent in Haryana (Gurugram and Faridabad)
McDonald's to hire 5,000 people, double stores in Northern, Eastern India. Quick service restaurant McDonald's India (North and East) on Monday said it will hire around 5,000 people as it looks to double its outlets to cross 300 restaurants in the region over the next three year, its top official said on Monday. It rolled out its
Paytm in focus as board considers buyback; IIAS raises key concerns. The buyback proposal comes less than 13 months of Paytm's disastrous listing, which saw its shares tank as much as 80 per cent
At .2 billion, M&A deal value falls by 37%, volume by 40% in November. November turned out to be the worst month for the deal street with 119 merger and acquisition transactions worth USD 2.2 billion, a fall of 40 per cent in volume and 37 per cent in value annually, a report said on Monday. This is in spite of the month seei
FMCG firms staring at muted revenue growth amid inflation, low rural demand. Sluggish rural demand along with higher inflation is set to mute revenue growth of the fast-moving consumer goods (FMCG) sector at 7-9 per cent this fiscal and the next compared to 8.5 per cent in the previous fiscal, a report said. Almost 40 per cent of t
In a first: Bajaj Allianz set to launch surety bonds on December 19. SBI General Insurance and Tata AIG General Insurance are also said to be looking at launching a surety insurance product soon, said sources
Tata Motors to partially sell stake in subsidiary Tata Tech via IPO. The offering could be Tata group's first since listing of TCS in 2004
Top five steel companies, few others selected under the PLI scheme. The top five steel companies -- Tata Steel, JSW Steel, JSPL, AMNS India and SAIL -- dominate the list of qualifiers under the PLI scheme for specialty steel. Besides, there are a few others like Gallant Metalliks, Shyam Metalics Flat Products, and Sunflag
Kirloskar Brothers EGM: Shareholders reject call for forensic audit. Shareholders of Kirloskar Brothers Ltd have rejected a resolution for forensic audit of the affairs of the company by an external agency, according to a regulatory filing on Monday. On December 8, an extraordinary general meeting of the company's sharehold
Govts to spend .6 billion on tech in 2023, says Gartner report. The projected spending is .6 billion in 2023, the report said
Maruti Suzuki seeks correct accounting of GHG emission benefits of ethanol. Car market leader Maruti Suzuki India (MSI) on Monday sought correct accounting of greenhouse gas emission benefits of ethanol blended fuel under the Corporate Average Fuel Economy (CAFE) norms. The second phase of CAFE norms came into effect from April th
PepsiCo India Holding FY22 profit declines 76.2%, revenue up by 21.6%. Food and beverage major Pepsico India Holdings Pvt Ltd's consolidated profit for FY22 declined 76.25 per cent to Rs 41.63 crore, while its revenue from operations went up 21.61 per cent to Rs 6,385.80 crore. According to the financial data accessed by the
Vistara inaugurates daily, non-stop flights from Mumbai to Muscat. Full service carrier Vistara on Monday launched daily, non-stop flights from Mumbai to Muscat, a move that will see the airline expand its footprint in the lucrative Middle East region. The inaugural flight departed from Mumbai at 2000 hours (IST) and arri
Air India close to finalise deal of 50 Boeing 737 MAX planes for AI Express. AI close to finalise deal of 50 Boeing 737 MAX planes for AI Express
Tata group to open 100 small, exclusive Apple stores in India: Report. Apple is in talks with Tata-owned Infiniti Retail, which runs Croma stores, to open the Apple stores spreading across 500 to 600 sq ft
Deloittee CEO to focus on India, climate crisis solutions after retirement. Top Indian-American business executive Punit Renjen, who recently announced his retirement as Deloitte Global CEO, has said that his future endeavours would include India in particular on nature-based solutions to the climate crisis. My future endeavours a
Abu Dhabi Investment Authority to invest nearly 0 million in Lenskart. ADIA in advanced talks with Lenskart for an investment of up to 0 million to 0 million
Reliance Jio joins OnePlus to bring 'True 5G' tech ecosystem to India. The Jio and OnePlus teams have been actively working together at the backend to make 5G technology more accessible to the consumers
Paytm lending biz at annualised run rate of .8 bn, disburses 6.8 mn loans. The usage of Paytm Super App has also hit another high as the company said its average monthly transacting users is at 84 million for the two months ended Nov 2022
ONGC to invest Rs 2,150 cr on drilling 53 exploratory wells in Andhra. Oil and Natural Gas Corporation Ltd proposes to drill 53 exploratory wells in Andhra Pradesh- 50 in Godavari on-Land PML (Petroleum Mining Lease) Block of KG Basin and three in CD-ONHP-2020/1 (OALP-Vi) Block Of Cuddapah basin with an investment outlay of R
BharatPe CEO enjoying life with money I raised, fails to grow: Ashneer. Despite Delhi High Court's, Ashneer Grover took a serious dig at Suhail Sameer, saying the BharatPe CEO is unable to help the fintech firm grow
Highest number of IPO listings in 2022 recorded in November: Report. The year has had 32 offerings with an issue size of .6 billion, according to Grant Thornton Bharat's Dealtracker
Java Capital launches Rs 75 cr seed fund, announces first close at Rs 30 cr. Firm will invest in at least 15 technology and fintech start-ups, expects final close in 6 months
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