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NSE share market NEWS tomorrow (06 December, 2022). NSE stocks in NEWS (tomorrow)

NSE share market NEWS tomorrow (06 December, 2022). NSE stocks in NEWS (tomorrow) These are NSE stocks which will be in NEWS tomorrow as on 06 December 2022

Union Bank was amongst the top gainers, currently trading at 88.15 in NSE with 4.199 times change in volumes and 6.333% change in price. Other gainers included Bank India with 4.635% price change and 3.91 times volumes, Indian Bank with 2.935% price change and 2.103 times volumes, Nhpc with 2.861% price change and 1.217 times volumes, and Adani Enterprises with 2.58% 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.

Pb Fintech was amongst the top losers, currently trading at 457.70 in NSE with 0.71 times change in volumes and -4.127% change in price. Other losers included Piramal Pharma with -3.449% price change and 1.338 times volumes, Ltimindtree with -3.213% price change and 1.848 times volumes, Varun Beverages with -3.193% price change and 1.621 times volumes, and Persistent Systems with -3.015% price change and 0.776 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.

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?

NTPC Green Energy likely to get strategic investor by March next year. State-owned power giant NTPC is likely to get a strategic investor for its arm NTPC Green Energy Ltd by March 2023, which will help raise up to Rs 3,000 crore for implementing renewables projects in the country. "NTPC is in the process of roping in a strat

Dr Reddy's, Sun Pharma recall products in US for manufacturing issues. Drug majors Dr Reddy's Laboratories and Sun Pharma are recalling different products in the US market for manufacturing issues, according to the US Food and Drug Administration. As per the enforcement report by the US health regulator, the US-based arm of D

GMR Hyderabad International Airport plans to raise Rs 1,250 crore via NCDs. GMR Hyderabad International Airport Ltd (GHIAL), which runs the aerodrome here, plans to raise Rs 1,250 crore through non-convertible debentures to be used for prepaying the USD bonds maturing in April 2024 or February 2026, rating agency India Ratings & R

Godrej Properties adds 8 new projects worth Rs 16,500 cr so far in FY23. Enthused by strong housing demand, Godrej Properties is aggressively acquiring land for future development and has added eight new projects so far this fiscal with an estimated revenue potential of Rs 16,500 crore. With four months still left in 2022-23 fi

SIPCOT to set up 11 new industrial parks in TN, to create over 2 lakh jobs. The State Industries Promotion Corporation of Tamil Nadu (SIPCOT) is in the process of establishing 11 new industrial parks in the state across sectors that would generate more than two lakh jobs in the region, a Confederation of Indian Industry and KPMG r

Adani poised to be largest shareholder in NDTV as open offer subscribed 32%. Billionaire Gautam Adani's group has found investors willing to sell over 53 lakh shares of NDTV despite the deep discount to the stock's current trading price, giving it the rights - which it may or may not exercise - to nominate a chairman of the broadca

Samsung, Zigbang partner to unveil unique UWB-based smart door lock. Tech giant Samsung has partnered with proptech startup Zigbang to unveil a smart door lock with an Ultra-Wide Band (UWB) chip.

Adani Airport Holdings increases borrowing limit by Rs 2,500 crore. AAHL currently manages seven functional airports in Mumbai, Ahmedabad, Lucknow, Mangaluru, Jaipur, Guwahati, and Thiruvananthapuram

CIEL Group makes 'strategic investment' in Next Leap Career Solutions. City-based CIEL Group has made a strategic investment in Next Leap Career Solutions Pvt Ltd by signing a definitive agreement to acquire 100 per cent equity stake in tranches, the company said on Sunday. The acquisition is part of the strategic vision of t

SpiceJet expects improvement in operations in December quarter: Ajay Singh. SpiceJet, which is looking to raise USD 200 million, expects to see improvement in operations and restructuring benefits in the current quarter of this financial year. The budget carrier's chief Ajay Singh has told shareholders that it has also completed a

Govt in advanced stage to launch Rs 3,500-crore PLI scheme for toy sector. Dept in advanced inter-ministerial talks; schemes for bicycles, footwear to follow

Indus Towers plans to raise up to Rs 2,000 crore through debentures. The company is likely to visit markets ahead of the repo rate decision by the Reserve Bank of India's monetary policy Committee (MPC) on December 7

Hyderabad airport operator to raise Rs 1,250 crore to retire forex debt. To float AA-rated 10-year NCDs at a lower rate of interest than the 5.37% coupon on dollar-denominated senior secured notes due for repayment in April 2024

Elon Musk says Apple has 'fully' resumed advertising on Twitter again. Musk made the comments during a Twitter Spaces conversation on Saturday, adding that Apple is the largest advertiser on the social media network

Jugal Kishore Mohapatra new chairman at Shriram Finance in top-level rejig. A post graduate from Delhi School of Economics with a Masters in Economics from Boston University, he served in various key government positions in Odisha and at the Centre

Ola Electric to manufacture Li-ion cells for steady raw material supply. The company is the only two-wheeler electric vehicle (EV) player, which has decided to manufacture the cell and control its technology - that are crucial components for making the battery

ESIC approves proposal to invest surplus funds in stock market through ETFs. Government's social security body Employees' State Insurance Corporation (ESIC) on Sunday approved a proposal to invest its surplus funds in the stock market through exchange traded funds (ETFs). The decision was taken in the 189th meeting of ESIC held on

Li-ion battery pack maker Lohum targets 3-fold jump in topline to Rs 300 cr. Lithium-ion battery pack maker and recycling firm Lohum has said it is eyeing a three-fold jump in its topline at over Rs 300 crore this fiscal driven by surging demand. The company has drawn up an aggressive expansion plan for the next five years amid the

Power Grid to separate telecos, gets nod to foray into data centre biz. Power Grid Corporation of India Ltd is in the process of carving out its telecom vertical to a new fully-owned subsidiary, Powergrid Teleservices Ltd, in a bid to have a "focused approach" and to move up the value chain, senior company officials said. The

Give management of Amrapali to Uttar Pradesh: AG tells Supreme Court. Attorney General R Venkataramani, the court receiver for the Amrapali group projects, told the Supreme Court on Friday he is facing resistance from Noida and Greater Noida authorities in generating funds for the stalled projects and, if the situation remai

Kerala cooperative secures second position in global sectoral ranking. : World Co-operative Monitor, published by the International Cooperative Alliance, has honoured a primary level labour cooperative in Kerala. Vadakara-based Uralungal Labour Contract Cooperative Society (ULCCS) has been ranked second in the list of Indus

OYO to downsize 3,700-employee base including fresh hires, cut 600 jobs. IPO-bound travel tech firm OYO on Saturday announced it will downsize about 10 per cent of its 3,700-employee base by cutting 600 jobs in the technology and corporate verticals and hiring 250 members, primarily in the relationship management teams. OYO sai

E-commerce platform Carousell lays off 110 employees to reduce costs. Consumer-to-consumer (C2C) e-commerce platform Carousell has laid off about 110 employees, or 10 per cent of its total workforce, in an effort to reduce costs.

Godrej Properties buys 18.6 acre land in Mumbai to build luxury homes. Godrej Properties has bought an 18.6 acre land parcel at Kandivali, in Mumbai for around Rs 750 crore to develop a luxury housing project. On Friday, Godrej Properties informed about the land transaction but did not disclose the total deal value. Market so

India's Greenhouse-in-a-Box startup Kheyti wins 2022 Earthshot Prize. A Greenhouse-in-a-Box sustainable solution for small farmers devised by Telangana startup Kheyti has won the 1 million pounds Earthshot Prize, founded by Britain's Prince William and dubbed the Eco Oscars'. Kheyti, one of the five winners at a gala green c

Elon Musk's 'Twitter Files' implicates Indian-origin lawyer Vijaya Gadde. The 'Twitter Files revealed by Elon Musk has implicated Vijaya Gadde, the Indian-origin former head of legal, policy and trust at the company

SJVN bags Maharashtra discom's 200-MW solar project worth Rs 1,200 crore. State-owned SJVN Ltd on Saturday said that its arm SJVN Green Energy has bagged a 200 MW solar project worth Rs 1,200 crore from Maharashtra State Electricity Distribution Company Ltd. "Company through its wholly-owned subsidiary SJVN Green Energy Limited

IBBI chief bats for putting valuation of IBC entities in public domain. The board has amended its regulation to allow IPEs to register as insolvency professionals and perform all their functions, including managing a company's operations

Delhi HC grants over Rs 2 crore to Adobe in trademark infringement case. The Delhi High Court, while hearing a lawsuit alleging trademark infringement by Namase Patel over Adobe's name, has granted over Rs 2 crore as damages to the US-based computer software company

IPO-bound OYO to lay off 600 in its tech team, hire 250 in sales roles. These layoffs come at a time when many other large start-ups are also letting go of employees

Kerala govt nods to Adani group's plea seeking protection at Vizhinjam port. The Adani Group on Friday moved the Kerala High Court seeking the assistance of central forces to continue with construction at the Vizhinjam seaport in Thiruvananthapuram which was marred by violent protests recently halting the work. Justice Anu Sivarama

Canara Bank wins 'Banker's Bank of the Year Award 2022' for India. The winners are judged on their ability to deliver returns, strategy, innovation, technology and product & services in their respective geographies in the last 12 months

DPIIT ropes in 5 social sector ministries for infra development. The five ministries/departments are health, ministry of women and child development, department of rural development and panchayat raj, education, and ministry of housing and urban affairs

Air India ropes in Futurebrands to redraw its branding strategy: Report. Futurebrands has earlier worked on rebranding the American Airlines and luxury auto brand Bentley

Godrej Properties buys 18.6 acres land in M'bai; eyes Rs 7Kcr sales revenue. Godrej Properties Ltd on Friday said it has bought 18.6 acre land at Kandivali in Mumbai to develop a premium housing project and expects sales revenue of about Rs 7,000 crore. In a regulatory filing, the company informed that the project would have a deve

Reliance makes rare buy of Russian naphtha, ups fuel oil imports: Data. India imported about 410,000 tonnes of naphtha, used for making petrochemicals, in Sept-Oct, the Refinitiv data showed

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