NSE share market NEWS tomorrow (07 December, 2022). NSE stocks in NEWS (tomorrow)
NSE share market NEWS tomorrow (07 December, 2022). NSE stocks in NEWS (tomorrow) These are NSE stocks which will be in NEWS tomorrow as on 07 December 2022
Siemens was amongst the top gainers, currently trading at 2905.35 in NSE with 17.451 times change in volumes and 5.123% change in price. Other gainers included Hindustan Petroleum with 3.794% price change and 1.717 times volumes, Hdfc Amc with 3.732% price change and 21.944 times volumes, Au Small with 3.474% price change and 2.341 times volumes, and Power Finance with 2.936% price change and 4.227 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 9.85 in NSE with 0.801 times change in volumes and -3.431% change in price. Other losers included Oberoi Realty with -3.421% price change and 1.7 times volumes, Kalyan Jewellers with -3.258% price change and 0.936 times volumes, Delhivery with -3.24% price change and 0.848 times volumes, and Jubilant Foodworks with -2.989% price change and 2.212 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.
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
Razorpay to allow merchants to accept credit card payments via UPI. Fintech platform Razorpay announced an industry-first move to enable merchants to accept credit card transactions on unified payments interface, as the digital payments landscape witnesses growth
Discoms' aggregate technical & commercial losses down to 17% in FY22. Aggregate technical and commercial (AT&C) losses of power distribution utilities declined to 17 per cent in 2021-22 from 22 per cent in the previous year. Reduction in AT&C losses improves finances of utilities (discoms), enabling them to better maintain t
Coal pensioners protest in capital, demand review of pension scheme. Agitators seek dearness relief as scheme component to ensure equitable pension; want adherence to provisions of CMPS 1998 on review and revision of pension every three years
Shriram Finance merges with Shriram City to focus on MSMEs and others. Commercial vehicle financing major Shriram Transport Finance Company and two-wheeler and MSME financier Shriram City Union Finance have been merged to form Shriram Finance Limited (Shriram Finance)
JSW ReNew Energy commissions 27 MW wind energy capacity in Tuticorin. JSW Energy on Monday said that its arm JSW ReNew Energy has commissioned 27 MW wind energy generation capacity at Tuticorin in Tamil Nadu as part of the first phase of its 450 MW wind project. "JSW Renew Energy Two Ltd, a step-down subsidiary of JSW Energy
IndiGo Chief Strategy and Revenue Officer Sanjay Kumar puts in papers. Leaves after three years of service in second stint; Vinay Malhotra, head of IndiGo's Global Sales, will take over from him
Foodtech platform HealthKart raises 5 mn from Temasek, A91 Partners. Foodtech platform HealthKart on Monday said it has raised 5 million in a funding round led by Temasek, with participation from A91 Partners and Kae Capital
HealthKart raises 5 million in funding from Temasek, A91 Partners. Company will use money to promote brands, increase offline distribution, and expand internationally
NDDB, Amul to provide tech support to boost milk production in Sri Lanka. India will provide technical support to Sri Lanka to enhance its dairy industry and milk output, a move aimed at reducing the cash-strapped country's dependence on imported milk products, the Sri Lankan President's Office said on Monday. Officials of the N
Two entities settle front running case with Sebi; pays Rs 67.62 lakh. Labdhi Enterprises and Falguni Ketan Parekh have settled with Sebi a case pertaining to alleged front running of trades of Tata Absolute Return Fund after a payment of Rs 67.62 lakh as settlement amount. Tata Absolute Return Fund is a scheme of Tata AIF (A
Adani group becomes single-largest shareholder in NDTV with 37.4% stake. Conglomerate can now propose reconstitution of board, say proxy advisory firms
Air India announces to lease six Boeing 777 aircraft to expand its fleet. Air India on Monday said it is leasing six wide-body Boeing B777 aircraft to expand its existing fleet, which will be in addition to the leasing of 30 planes announced earlier this year. Earlier in the day, the Tata Group-owned full service carrier had ann
Travel fintech platform SanKash to hire over 500 in India in next 6 months. Travel fintech platform SanKash on Monday said it plans to hire 500 professionals in India over the next six months
LIC raises stake in HDFC to over 5% post acquiring shares from open market. Life Insurance Corporation of India (LIC), the country's largest insurer, has increased its stake in HDFC Ltd to over 5 per cent following the acquisition of shares from the open market. LIC purchased 1.2 lakh shares from the open market hiking its stake i
FRL's digital database before insolvency not available: Compliance officer. Future Retail's structured digital database prior to the corporate insolvency resolution process has not been available for verification for the quarter that ended September due to various reasons, including non-cooperation from erstwhile management and la
L&T bags new large order in proposed Mumbai-Ahmedabad bullet train project. Larsen and Toubro (L&T) says it has bagged another 'large' order in the proposed Mumbai-Ahmedabad bullet train project from National High-Speed Rail Corporation
CCI approves Bharat Biotech International-Eastman exports deal. The Competition Commission of India on Monday said it has approved the proposed deal of Bharat Biotech International Ltd for acquiring shares of Eastman Exports Global Clothing Pvt Ltd through a share purchase agreement. The deal has been approved under t
Jindal Stainless ropes in ReNew Power for 300 MW hybrid power project. Leading stainless player Jindal Stainless Limited (JSL) has partnered with ReNew Power to develop its proposed 300 MW hybrid energy project, the company said on Monday. The project will generate 700 million units of green energy annually through a mix of s
Biocon Biologics elevates Shreehas Tambe as managing director, CEO. Biocon Biologics on Monday said it has elevated Shreehas Tambe as Managing Director and CEO of the company with immediate effect. Tambe was Deputy CEO of Biocon Biologics, a subsidiary of Bengaluru-based Biocon. He takes over from Arun Chandavarkar, who wi
Good Glamm Group acquires majority stake in Twinkle Khanna's Tweak India. The Good Glamm Group has announced the acquisition of 51 per cent in Tweak India, a digital media company founded by Twinkle Khanna, in a cash and stock deal. This will help Good Glamm Group to further enhance its content-creator-commerce strategy via Twea
TVS Motor Company promoter entity sells 2.56 million for Rs 262 cr. A promoter entity of TVS Motor Company on Monday offloaded 25.69 lakh shares of the company for Rs 262 crore through an open market transaction. According to the bulk deal data available with the BSE, Srinivasan Trust sold 25,69,726 shares, amounting to 0.
Indian ad industry's revenue growth will rise to 16.8% in 2023: Report. Indian advertising industry's revenue growth will accelerate to 16.8 per cent in 2023, a report said on Monday. The advertising industry in the country, which has a relatively stronger economic outlook as compared to the world markets, will grow 15.8 per c
Amazon may lay off up to 20,000 employees to streamline costs: Report. In the last few days, Amazon has reportedly asked the managers to identify performance problems among the employees
Apple to soon overtake Samsung as India's top smartphone exporter: Report. From a minuscule share in India's phone exports a year ago, Apple's share has risen to .2 billion during April and October
Air India leases 12 more aircraft to enhance international operations. These aircraft are expected to be inducted in the first half of 2023 and will be deployed on the flag carrier's short, medium and long-haul international routes
Shreehas Tambe elevated as MD & CEO of Biocon Biologics effective Monday. He was earlier the firm's deputy CEO; Outgoing MD Arun Chandavarkar to remain on co Board
Air India leases 12 more planes to expand international flight operations. Tata Group-owned airline is in discussions with Boeing and Airbus to place sizeable aircraft order
Tata Motors mulling price hike for passenger vehicles from next month. Tata Motors is looking to increase passenger vehicle prices from next month in order to make its model range compliant with stricter emission norms which kick in from April 1 next year, according to a top company official. In an interaction with PTI, Tata
Amazon sees 'huge opportunity' for India grocery service: Executive. Grocery business will spread 'deep into Bharat', says e-commerce firm as it shuts down some other smaller units
Adani Green announces commissioning third hybrid plant in Rajasthan. Adani Green Energy Ltd (AGEL) on Monday announced commissioning of its third hybrid power plant in Rajasthan having generating capacity of 450 megawatts (MW). With this, AGEL said it has become the "world's largest wind-solar hybrid power developer" with a
Cryptocurrency exchange Bybit plans to cut 30% of workforce: CEO Ben Zhou. The layoffs are part of an ongoing reorganisation aimed at refocusing efforts, and reductions will be across the board
What do industry trends say about consumption and the economy?. While TVs and luxury apparel flew off the shelves in cities, rural demand for FMCG products saw a negligible jump in October. What do these industries say about consumption in India and its economy?
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