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NSE share market NEWS tomorrow (08 December, 2022). NSE stocks in NEWS (tomorrow)

NSE share market NEWS tomorrow (08 December, 2022). NSE stocks in NEWS (tomorrow) These are NSE stocks which will be in NEWS tomorrow as on 08 December 2022

Bank India was amongst the top gainers, currently trading at 100.20 in NSE with 1.623 times change in volumes and 7.916% change in price. Other gainers included Bank Baroda with 6.657% price change and 3.672 times volumes, Pb Fintech with 5.092% price change and 1.982 times volumes, Varun Beverages with 4.42% price change and 0.802 times volumes, and Mazagon Dock with 4.214% price change and 2.371 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.

Sun Pharmaceuticals was amongst the top losers, currently trading at 980.80 in NSE with 3.392 times change in volumes and -3.631% change in price. Other losers included Ltimindtree with -2.748% price change and 1.133 times volumes, Bond 8 with -2.572% price change and 0.781 times volumes, Sona Blw with -2.434% price change and 2.41 times volumes, and Dixon Techno with -2.332% price change and 2.96 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.

Walmart's payments startup PhonePe seeks to raise billion: Report. The company is in talks with SoftBank Group Corp.'s Vision Fund, an investor in PhonePe's parent entity Flipkart, although Walmart will remain top investor, the people said

Ashok Leyland appoints Shenu Agarwal as new managing director, CEO. Shenu joins Ashok Leyland from Escorts Kubota Ltd, where he was president

ASK Capital gets Central Bank of Ireland nod to launch India-based fund. UCITS is a regulatory framework of the European Commission for management and sale of mutual funds

HUL to acquire majority stake in OZiva and 19.8% in Wellbeing Nutrition. Leading FMCG maker HUL on Thursday announced the acquisition of a majority stake in OZiva and a 19.8 per cent equity in Wellbeing Nutrition with a total investment of Rs 335 crore to foray into the health and wellbeing segment. Hindustan Unilever Limited (

Year In Review: From Twitter to HDFC Ltd, successful M&As of 2022. The level of M&A activity in 2022 was in line with recent pre-pandemic levels

Uniqus Consultech raises .5 mn, eyes 0 mn revenues in next 5 years. The company plans to invest the funds raised in technology and scaling up business across India, US and Middle East

Adani firms, RIL share honours in Motilal Oswal wealth-creation study. The biggest wealth creator in absolute terms is Mukesh Ambani-led Reliance Industries, with an increase in market capitalisation of Rs 13 trillion between 2017 and 2022

Delhi HC summons Ashneer Grover, wife and kin over BharatPe's complaint. Fintech unicorn accuses them of fraud, claims Rs 88.67 crore

'Underweight' on India, China to lead Asian outperformance in 2023: Nomura. The key risks identified by the brokerage are stretched government finances and oil prices going past 0 a barrel

We Founder Circle announces 2 angel funds for early-stage start-ups. Mumbai-based We Founder Circle has in 23 months invested in more than 70 start-ups

Inflationary pressure on FMCG products cooling off: ITC chief Sanjiv Puri. Inflationary pressure on FMCG products is showing signs of cooling off, which may provide relief to consumers, ITC Chairman and Managing Director Sanjiv Puri said on Thursday

Kalyan Jewellers plans to add 52 showrooms in 2023, to expand footprint. Kalyan Jewellers India on Thursday said it is planning to expand its retail footprint by over 30 per cent in the next calendar year by adding 52 showrooms. The expansion will mainly focus on the non-South region, which currently contributes 35 per cent to

12 big telcos enquired about telecom stack, says Ashwini Vaishnaw. He said the government's Telecom Technology Development Fund (TTDF) would be slowly enlarged to Rs 3,000-4,000 crore over a number of years, from the current Rs 500 crore per year

Microsoft Teams adds free communities feature, plans to take on rivals. The new feature will allow users to easily post messages to everyone in the group, organize events and add them to the community calendar

HDFC Bank files petition for NCLT approval to the proposed merger. The bank has already received the approval of the equity shareholders, which includes public shareholders, to the proposed merger scheme

Pharma logs 17% growth in Nov; anti-infective therapy drives market demand. Key antibiotic brands like Augmentin (GSK) and Clavam (Alkem) clocked 25 per cent and 29 percent growth, respectively, in November, the data showed

Paytm announces board to consider share buyback proposal on December 13. Digital financial services firm Paytm on Thursday said its board will meet on December 13 to consider a proposal for share buyback keeping in mind the company's liquidity position which may be beneficial for its shareholders. Paytm has a liquidity of Rs 9,

Swiggy to give pink slips to over 250 employees in December: Report. Widening losses: In November, Swiggy decided to shut down its cloud kitchen brand, The Bowl Company, in Delhi and the national capital region (NCR)

LIC may turn into composite insurer; likely to merge 4 PSU general firms. With the Central government proposing to allow composite insurers, the four public sector general insurance companies can be merged with the Life Insurance Corporation of India

Sun Pharma plant in Gujarat listed under US FDA import alert, says company. Stock down 2.7% in morning trade; analysts expect 2-3% hit on top-line and 5-6% on Ebitda

Power giant NTPC plans nuclear expansion as India chases climate goals. The state-run company aims to install 20 to 30 gigawatts of nuclear capacity by 2040

Macrotech Developers' promoters plan to raise Rs 3,500 crore via share sale. Realty firm Macrotech Developers' promoters plan to raise about Rs 3,500 crore by selling shares to institutional investors, according to sources. Mumbai-based Macrotech Developers sells its properties under the Lodha brand. In a regulatory filing late on

Centre seeks private sector professional to be first chief executive of LIC. LIC is now headed by a chairman but that post will be scrapped when the term of the present incumbent ends in March

BharatPe sues Ashneer Grover and wife, seeks Rs 88 cr for swindling firm. Fintech platform BharatPe said it has initiated criminal and civil proceedings against its former Co-Founder, Ashneer Grover and his wife Madhuri Jain Grover over misappropriation of company funds

Ashneer Grover saga: A timeline of how things went wrong at BharatPe. BharatPe has filed a case against Ashneer Grover's wife, Madhuri Jain, under Section 420 for a fraud of Rs 88 crore

Air India to invest 0 mn to refurbish wide-body aircraft cabin interiors. Tata Group-owned carrier Air India said on Thursday it would invest 0 million to refurbish cabin interiors

Fintech giant Plaid lays off 260 employees; offers 16 weeks of base pay. Fintech company Plaid is laying off 260 employees, or about 20 per cent of its workforce globally, amid the global macroeconomic conditions

Inox GFL Group raises around Rs 1,500 cr across entities to pare down debt. Inox GFL Group on Thursday said that it has raised around Rs 1,500 crore across its entities in the last fortnight. The Inox GFL Group, recently embarked on a journey towards deleveraging across all its operating entities. Towards this goal the Group has b

Air India to spend 0 mn to refurbish Boeing 777s and 787 fleet. Carrier will add new seats and best in-flight entertainment across all classes

JSPL acquires Monnet Power for Rs 410 crore through insolvency process. Monnet Power was admitted for the corporate insolvency resolution process (CIRP) in 2018 after proceedings were instituted by the IDFC Bank

Indian startups see huge 35% drop in funding, edtech among worst performers. As the funding winter deepens amid growing layoffs, India saw a massive 35 per cent drop in funding this year, from .2 billion in 2021 to .7 billion (till November in 2022)

Fullerton acquisition deal: Sumitomo Mitsui Group faces 0-mn tax bill. The South Asian govt's tax department has asked the bank to pay the amount on behalf of seller Fullerton Financial Holdings Pte, arguing that it should have withheld the sum during the acquisition

Sebi issues Rs 6.42 cr demand notice to Sahara group in OFCD issuance case. Sebi on Wednesday sent a notice to Sahara Group firm, its chief Subrata Roy and others asking them to pay Rs 6.42 crore within 15 days in a case pertaining to flouting regulatory norms. Sebi also warned of attachment of assets and bank accounts, if they fa

Startup funding dips by 35% to .7 bn in 2022 YTD: Tracxn report. Late-stage funding fell by 45 per cent from .3 billion between January to November 2021 to .1 billion for the same period in 2022

Xiaomi India's Chief Business Officer Raghu Reddy resigns: Report. Reddy, who spent more than six years at Xiaomi India, was elevated as Chief Business Officer for its India operations in February 2020

Microsoft enters 10-yr deal with Nintendo for 'Call Of Duty' games. Microsoft Gaming CEO Phil Spencer made the announcement on Twitter on Wednesday

HCLTech joins hands with Intel and Mavenir for enterprise 5G solutions. The three will develop cloud-native E2E architecture of an Intel Xeon processor-based 5G solution, leveraging Mavenir RAN, Intel SmartEdge, and HCLTech's management and automation services

NIIF to make investment of Rs 631 crore in GMR Group's Mopa airport in Goa. The investment will be made via compulsory convertible debentures in GMR Goa International Airport, the special purpose vehicle (SPV), which will operate the new airport in Goa

Govt open to a comprehensive package for Vodafone Idea, with conditions. It wants promoters to pitch in first or bring new investors

Three of 10 Indians watch online videos at least once a month: Ormax Report. OTT market now embraces 30% of Indian population, YoY growth is 20%

Edtech firm Vedantu lays off 385 employees in 4th job cut round this year. Layoffs have happened across sales, HR, and content teams which, according to the company sources, is part of an aggressive measure to reduce excess burn, thus prioritising profitability over growth

Retired BPCL Chairman Arun Kumar Singh appointed ONGC CMD for three years. New board level positions also created at ONGC with an eye on emerging global trends in oil and gas

Myntra's End of Reason Sale set to cater to five million shoppers. This edition of EORS is bigger, with a 70% higher style count than the previous; will have 1.7 million styles across 6,000 popular domestic and international brands on offer

Work on Adani's Vizhinjam port to resume after fishermen suspend protests. Fisherfolk camped in a makeshift shelter at Vizhinjam, in the state of Kerala since September, have blocked vehicles and halted work on a project they blame for coastal erosion

Renault India to hike prices across models from Jan to offset input costs. Carmaker Renault India on Wednesday said it will increase the prices of its vehicles across models from the next month to partially offset rising input costs. The company -- which sells small car Kwid, multi-utility vehicle Triber and compact SUV Kiger wit

Gig workforce to add 9-11 million jobs by 2025 in India, says report. With more and more companies preferring to hire employees on project basis, a report has revealed that there is likely to be 90-110 lakh additions to the gig workforce by 2025, a report said on Wednesday. The gig economy has been one of the most pivotal ec

Strong interest: DIPAM receives as many as 167 queries about IDBI sale. 9-10 serious bidders seek clarity on the expression of interest

Vodafone's largest shareholder rules out bid after raising its stake. Abu Dhabi's Emirates Telecommunications Group Co., also known as Etisalat, said it now owns 11% of Vodafone, up from 10% earlier

Cummins, Tecnimont to provide tech support to GAIL for MP gas company. Global power solutions provider Cummins in collaboration with Tecnimont will help GAIL in setting up a proton exchange membrane electrolyzer for the public sector natural gas company at Vijaipur in Madhya Pradesh, a release said on Wednesday. The facility,

Aparajitha eyes new deals after 76% stake buy in Quess Corp arm Simpliance. The firm aims to become the top player in India' compliance segment; currently has 1,700 employees and over 1,750 clients across 25 states

Vedantu gives pink slips to 385 employees in 3rd round of layoffs this year. It has sacked over 1,100 employees, so far, amid funding winter

Dabur India enters women's personal hygiene with sanitary napkin launch. Product will only be sold online, comes in two variants

Google says not allowing ads promoting online gambling in India. After the Centre directed Google to stop showing betting companies ads for Indian users, the tech giant on Wednesday said it does not allow any advertisements that promote online gambling

Long-overdue brand reboot aims to rescue Air India's battered image. While Air India remains a high-profile operator in one of the world's biggest aviation markets, customer complaints about a decline in standards have hurt its reputation

NARC's offer for Srei companies not to be backed by govt guarantees. The NARC has offered an upfront cash payment of Rs 2,100 crore and Rs 3,500 crore payable in deferred instruments

Meta bars employees from discussing abortion, vaccine efficacy at work. Meta (formerly Facebook) has reportedly told its employees not to discuss sensitive issues like abortion, gun control, pending legislation and vaccine efficacy at workplace

Myntra's EORS 17 to cater 5 mn shoppers with 1.7 mn styles from Dec 10-16. The 17th edition of Myntras biannual End of Reason Sale is set to cater to 5 million shoppers with a whopping 17 lakh styles across leading fashion, beauty and lifestyle brands, the company said

Byju's seeks easier terms on .2 bn loan as it struggles with losses. Byju's, valued at billion, has appointed an adviser to discuss tweaks in covenants of the term loan B with creditors

NHPC appoints Mohammand Afzal as govt nominee director on its board. State-owned hydro power giant NHPC on Wednesday said its board has appointed Mohammad Afzal as government nominee director from December 6, 2022. "Board of Directors through resolution by circulation passed on December 6, 2022, has appointed Mohammad Afzal

Princeton Digital Group launches 0 million data centre in Mumbai. Princeton Digital Group (PDG) on Wednesday launched its flagship data centre called MU1 in India with an investment of 0 million

ONGC appoints retired BPCL head Arun Kumar Singh as chairman & MD. Arun Kumar Singh, former chairman of oil refining and marketing company BPCL, was on Wednesday appointed chairman and managing director of ONGC -- the first instance of a retired person being appointed the head of a Maharatna PSU. "The Appointments Committ

Indian entities can hedge gold price risk at IFSC, says RBI Guv Das. Indian entities can hedge their exposure to gold price risk in overseas markets on recognised exchanges in the International Financial Services Centre, Gujarat, said RBI Governor Shaktikanta Das

Blume Ventures announces closing its fund for start-ups at 0 mn. VC firm's Fund IV will invest in some 35 companies in edtech, fintech, health and other sectors

Companies see gain in CSR, want GST on initiatives removed: Report. Legally mandated measure seen helping business in improving labour productivity

Fintech firm Enkash claims three-fold growth in valuation since March. Start-up that helps businesses manage their payments says it will not seek more funding this financial year

Home loan rate to be costlier; realtors see decent impact on housing demand. The RBI's decision to hike the repo rate will have a moderate short-term impact on housing demand on likely rise in home loan interest rates, according to the real estate industry. With borrowing costs for developers set to rise, many builders said that ho

Govt recognises 84,102 entities as startups as on Nov 30: MoS Commerce. The government has recognised as many as 84,102 entities as startups as on November 30 this year, Parliament was informed on Wednesday. These startups are eligible for availing host of incentives, including income tax benefits under the Startup India schem

Dish TV appoints three independent directors; to convene AGM on December 29. Direct-to-Home operator Dish TV on Tuesday announced the appointment of three new independent directors to the board of the company, which is the first major appointment after the departure of its former promoter-backed chairman Jawahar Lal Goel. Besides,

Walmart, Flipkart join hands with NSIC to help MSMEs grow, unlock potential. Walmart and Flipkart on Tuesday joined hands with the National Small Industries Corporation (NSIC) to accelerate capacity building for micro, small and medium enterprises (MSMEs) across India, help them unlock export potential and become part of retail sup

NCLT reserves order on Suraksha's bid to acquire Jaypee Infratech. The insolvency tribunal NCLT has reserved its order on Mumbai-based Suraksha group's bid to acquire Jaypee Infratech Ltd and complete around 20,000 flats for aggrieved homebuyers. While a two-member special bench headed by NCLT President Justice Ramalingam

Vodafone Idea's validity period for OCD issuance to ATC Telecom lapses. Debt-ridden Vodafone Idea's proposal to issue Rs 1,600-crore debentures to mobile tower vendor ATC Telecom Infrastructure has lapsed in absence of any response from the government on the conversion of interest dues into equity, the telecom operator said on

DoT proposes to drop Bharatnet infra from its asset monetisation plan. The Department of Telecommunications (DoT) has proposed not to monetise rural broadband network infrastructure built under Bharatnet project and plans to replace it with alternate assets to achieve its target fixed under the National Monetisation Pipeline

No of unicorns drop to 85 in India as valuation erode amid global turmoil. The number of unicorns (with the billion valuation and above) in India has dropped to 85 from more than 100 just a couple of months ago, as most startups have shed a significant share of valuations

Healthium Medtech inks pact to sell UK-based unit to KKR for unrevealed sum. Healthium Medtech on Tuesday said it has inked a pact to sell its UK-based subsidiary to global investment firm KKR for an undisclosed amount. The company has entered into a definitive agreement to sell Watford-based Clinisupplies to KKR, which is investin

Eye on maximum value, lenders say no to Reliance Capital liquidation. "Lenders will decide on the further course of action, including the stance for negotiations on Friday," the source said

Ad industry pegs 2023 adex growth at 14-16% despite slower startup spends. Agencies such as GroupM, Dentsu and Interpublic Groupe's Magna remain bullish about domestic ad spends; 2022 to close at 15% in terms of adex growth, they say

DHFL case: Delhi HC to hear CBI plea challenging bail to Wadhawan brothers. The Delhi High Court on Tuesday agreed to hear in detail the Central Bureau of Investigation (CBI) plea challenging the trial court order granting statutory bail to Dheeraj and Kapil Wadhawan

Port cargo traffic growth in November slows to 3% amid trade slowdown. Flat cargo numbers since Q2 drag total FY23 growth down to 8.8%

Promoter abrdn Investment to sell entire 10.2% stake in HDFC AMC. After the stake sale, abrdn will cease to be a co-sponsor of HDFC Mutual Fund; it had divested 5.58% in HDFC AMC for over Rs 2,300 cr in August

Siemens lowest bidder for mfg 1,200 electric locomotives worth Rs 20,000 cr. Engineering firm Siemens has emerged as the lowest bidder for a project for manufacturing 1,200 electric locomotive of 9000 HP (horse power) worth over Rs 20,000 crore at Dahod in Gujarat. Indian Railways had floated the tender for manufacturing and mainte

Vizhinjam protest against Adani port called off after 138 days. Govt has already told agitators that construction work won't be stopped, but is said to have accepted all their demands

Vodafone Idea's fundraising put on hold as govt delays equity call. The development spells further trouble for the company, which has an overall debt pile of Rs 2.2 trillion including hefty dues to the government

Microsoft to train, certify over 100k Indian software developers in a month. IT company Microsoft will train and certify over 1 lakh software developers in India in a month under its pan-India "Future Ready Champions of Code" program, the company said on Tuesday. The month-long programme will be supported by Microsoft's customers a

SoftBank-backed Cars24 eyes small towns to sell used cars in India. The company more than doubled its India revenue in 2022 to Rs 6,008 crore from Rs 2,776 crore in 2021

ICICI Bank, Axis Bank likely to raise Rs 5,000 cr each via bond sales. ICICI likely to issue long-term bonds, Axis mulls infra bond sale

Hitachi Rail wins bid to run automatic Metro train operations: CMRL. A consortium led by Hitachi Rail has emerged winner for the largest signalling tender worth Rs 1,620 crore that would enable automatic train operations, the Chennai Metro Rail Ltd said on Tuesday. The ultra-modern communication-based train control system w

Can India become a global EV battery player?. Given the capital-intensive nature of the EV sector, Indian firms will have to grab a share of the global battery demand pie to turn a profit. Can Indian industry succeed in this ambitious venture?

Twitter faces new legal fallout over employee layoffs under Elon Musk. The latest legal actions follow a class-action lawsuit filed when the layoffs first began in early November which accused the company of failing to give enough notice to hundreds of employees

Apple explores shifting some iPad production from China to India: Report. India is exploring options to bring some of Apple Inc's iPad production to the country from China, CNBC reported on Monday, citing two sources close to the Indian government

Oyo founder Ritesh Agarwal urges companies to hire laid-off employees. Recently, Oyo said that it was cutting 600 jobs in its corporate and technology departments

PepsiCo to lay off 'hundreds of workers' at New York headquarters: Report. It is being done 'to simplify the organization so we can operate more efficiently', PepsiCo said in a memo to its employees

UPI transactions see 650% rise at semi-urban, rural stores: Report. The unified payments interface (UPI) transactions witnessed a meteoric 650 per cent rise at the semi-urban and rural stores in India this year, a report showed on Tuesday

Cement companies plan to raise prices by Rs 10-15 per bag in Dec: Report. The price of cement is hardening across the country and since August this year, the rates have gone up by Rs 16/per bag, said Emkay Global Financial Services Ltd

Airtel World Pass international plans for prepaid, postpaid users announced. The Airtel World Pass international roaming plans offer significantly higher value in terms of data and voice benefits, Airtel said in a statement

Global airline industry set to post .9 billion loss in 2022: IATA. The global airline industry is projected to report a lower loss at USD 6.9 billion in 2022, mainly due to stronger passenger yields and cost control by carriers amid rising fuel prices, according to industry body IATA. In June, the International Air Transp

Flipkart, Walmart ink MoU with NSIC to speed up capacity creation for MSMEs. The three plan to support MSMEs in their quest to integrate with local and global retail supply chains

Google subsidiary launches new anti-misinformation campaign in India. Indian government officials have called on tech companies such as Google, Meta, and Twitter to take stronger action against the spread of fake news

Jet airways revival hits new snag as banks push back on funding. The new owners meanwhile have indicated that extra money wasn't part of the already agreed upon resolution plan and instead must be taken out of the banks' dues

Dhunseri Tea to acquire two estates from Apeejay Tea in Assam's Tinsukia. The acquisition would give Dhunseri a bigger pie in Assam's tea market

Latest stock market News for tomorrow Access previous news reports: 753754755756757758759760761762763764765766767768769770771

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