NSE share market NEWS tomorrow (29 November, 2022). NSE stocks in NEWS (tomorrow)
NSE share market NEWS tomorrow (29 November, 2022). NSE stocks in NEWS (tomorrow) These are NSE stocks which will be in NEWS tomorrow as on 29 November 2022
Dabur India was amongst the top gainers, currently trading at 593.10 in NSE with 7.995 times change in volumes and 6.176% change in price. Other gainers included Bond 8 with 5.216% price change and 1.081 times volumes, Aditya Birla with 5.144% price change and 3.714 times volumes, One 97 with 4.854% price change and 0.75 times volumes, and Delhivery with 4.828% price change and 3.711 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.
Laurus Labs was amongst the top losers, currently trading at 408.60 in NSE with 10.201 times change in volumes and -9.271% change in price. Other losers included Iifl Holdings with -4.312% price change and 2.287 times volumes, Varun Beverages with -3.14% price change and 0.848 times volumes, Indian Hotels with -2.961% price change and 0.726 times volumes, and Abb India with -2.84% price change and 1.196 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.
Tata AIA Life associates with Medix to offer 'Critical illness' services. Tata AIA Life associates with Medix to offer specialised 'Critical illness' related services to its consumers
Pact inked between Hyundai, SK On for EV battery partnership in US. Hyundai Motor Group said on Tuesday it has signed an initial pact with car battery maker SK On to secure batteries for its dedicated electric vehicle (EV) plant in the United States.
Tata group, Singapore Airlines finalise merger of Air India and Vistara. Combined entity will become India's largest international and second largest domestic carrier
Amazon.com Inc kicks off five-part bond sale in second deal of 2022. Proceeds may be used to repay debt as well as funding acquisitions and share buybacks, says source
Genesys appoints Paypal's Deepa Madhavan as Country Head for India. Cloud customer experience and contact centre solutions provider Genesys on Tuesday announced the appointment of Deepa Madhavan as the India-Country Head. Deepa Madhavan, in her new role would continue the development of Genesys cloud technologies and engag
Biocon Biologics completes acquisition of Viatris' global biosimilars biz. Biocon on Tuesday said its unit Biocon Biologics has completed the multi-billion dollar acquisition of the global biosimilars business of its partner Viatris Inc. In February this year, Biocon Biologics inked a pact to acquire Viatris Inc's biosimilars bus
Meta supports FICCI, NeGD to train 100 India developers in metaverse tech. Meta announced it is supporting industry body FICCI with million for the XROS fellowship programme that will help 100 Indian developers working on XR technologies for the future of metaverse
Uber adds rear seatbelt reminder, SOS integration with cops in India. Uber has launched SOS integration with local police to share critical information with them, including live location
GeM public procurement crosses Rs 1 trillion in just eight months. Cumulatively, GeM has surpassed GMV worth Rs 3 trillion since inception and the number of transactions on GeM exceeded 12 million
Meta pledges mn for extended reality fellowship programme in India. Initiative will help developers contribute to open-source projects on XR technology and lay the foundation for affordable, appropriate India-specific solutions localised to Indic languages
Gland Pharma to acquire French firm Cenexi Group for Rs 1,000 crore. Will fund transaction from internal accruals
Amul's utterly butterly supply melts; eateries switch to alternatives. Consumers across the country have reported a shortage of Amul butter in the market
Jack Ma enjoys hot spring, ski resort in Japan as protests erupt in China. As China faces violent protests over its harsh zero-Covid policy, Alibaba founder Jack Ma has been spotted in Tokyo, living a quiet and peaceful life amid tech crackdown in his home country
Have OTT players pay telecom firms usage charges, COAI writes to DoT. Telcos point out that based on global estimates 56% of telco bandwidth is used by OTT communication platforms and in India it is even higher due to the proliferation of users which are over 400 mn
Airtel Business wins TPWODL mandate to power 2 lakh smart meters with IoTs. Telecom operator Bharti Airtel has won a cellular IoT solution mandate with TP Western Odisha Distribution Limited to deploy IoT solutions for 2 lakh Smart Meters, the company said on Tuesday. The company said that 70,000 electric smart meters will be deli
Inox Wind, Inox Green Energy Services reduce debt by Rs 411 crore. Wind energy solutions provider Inox Wind on Tuesday said the company and its arm Inox Green Energy Services have paid debts of Rs 411 crore. Inox Wind Ltd and its subsidiary Inox Green Energy Services Ltd, as part of the strategic initiative to deleverage
Britannia Industries enters into a JV with French cheese maker Bel SA. It sells 49 per cent stake in Britannia Dairy for Rs 262 crore
Suzuki Motor sees Indian PV market at 7-8 mn by 2030, Maruti aims 50% share. Pre-Covid it had predicted that the market would reach 10 million
BNP Paribas Arbitrage sells 1.8 mn shares of Wipro worth Rs 73 crore. BNP Paribas Arbitrage on Tuesday offloaded over 18 lakh shares of IT major Wipro for Rs 73 crore through an open market transaction. BNP Paribas Arbitrage sold 18,00,164 shares of the company at an average price of Rs 405 apiece, according to the block dea
Muted response to RCAP bid process as only 5 companies submit bid. The final round of Reliance Capital's bidding process has received a poor response from the bidders as the big players like Adani and Tata have not bid for the company or its multiple subsidiaries
Radhika, Prannoy Roy resign from NDTV promoter firm RRPR Holding's board. NDTV had previously said the takeover move "was executed without any input from, conversation with, or consent of the NDTV founders"
Aditya Birla Sun Life AMC can now act as registered fund management entity. Aditya Birla Sun Life AMC on Tuesday said it has received an approval from IFSCA to act as a registered fund management entity and carry out Alternative Investment Fund (AIF) and Portfolio Management Services (PMS). The approval has been granted by the Int
Air India gets first Boeing 777-200LR to fly on international route. The Boeing aircraft leased from Delta airlines has premium economy class along with standard classes
Gautam Adani's plans for an India super-app could run into a tech downturn. Adani Enterprises Ltd., the group's flagship, is seeking to raise 200 billion rupees (.5 billion) by selling new shares. The additional firepower may come in handy to beef up the fledgling super-app
Indian firms say sustainability is a critical differentiator: Survey. Despite FFTF firms being in the global minority, companies in the APAC countries generally led their European counterparts in the survey
Flipkart to go for 0 million ESOP buyback during PhonePe funding: Report. The round will readjust Flipkart's valuation from .6 billion to billion and PhonePe will have a separate shareholding structure
Centre to soon merge social security contributions by small firms: Report. Currently, the companies have to make separate payments towards the Employees' Provident Fund Organisation (EPFO) and Employees' State Insurance Corporation (ESIC)
Adani Group's takeover of NDTV: Understanding the mechanics and the math. Business Standard gives you the lowdown on how the strategy to acquire one of India's better-known broadcasting houses played out
AWS upbeat on India, sees massive headroom for growth in cloud adoption. Within days of announcing mega investments for building in Hyderabad its second data centre cluster in India, Amazon Web Services (AWS) on Monday said it is excited about the India market, where cloud adoption offers massive headroom for growth. Pledging i
Centre to come up with light-touch regulations for big tech firms: Report. This comes in the backdrop of signs that tech firms may slow down investment in India after the Competition Commission of India's (CCI's) penalty on Google
Uber introduces rear seatbelt reminder, SOS integration with cops in India. Uber announced a slew of new technology-led safety features like audio rear seatbelt reminder, proactively detecting trip anomalies, customer SOS integration with local police and more
Adani Enterprises' fundraise targets retail buyers, allows discount pricing. Adani Enterprises Ltd chose a fundraising route for its .5 billion share sale that allows the group to woo retail investors through potentially discounted prices
AstraZeneca India gets regulator's approval to market anti-diabetes drug. Drug firm AstraZeneca India on Tuesday said it has received approval from the country's drug regulator to market anti-diabetes medication Dapagliflozin. The company said it has received approval from the Central Drugs Standard Control Organization (CDCSCO)
GroupM Media's CEO Prashanth Kumar elected president of AAAI. Prasanth Kumar, the chief executive officer (CEO) for South Asia of GroupM Media has worked at Pepsi, The Hindu, and The Media Edge & McCann Erickson in a career spanning more than 25 years
Grounded Jet Airways' cabin crew association moves NCLT for liquidation. Banks oppose consortium plea for handover of the company
Fusion Micro Finance reported multifold jump in Q2 profit at Rs 95 crore. Fusion Micro Finance has reported a multi-fold jump in net profit to Rs 95 crore for the second quarter ended September 30, mainly driven by higher interest income. The recently listed microfinance entity had posted a net profit of Rs 3.2 crore in the same
Credit card bill payment platform Cred buys CreditVidya for undisclosed sum. Credit Card bill payment platform Cred on Tuesday said it has acquired SaaS lending-as-a-service platform CreditVidya in a mix of cash and stock transcation for an undisclosed sum.
Dharmaj Crop Guard IPO subscribed over 5x on strong retail, HNI interest. The two categories were subscribed around 7 times each; QIB was nearly half covered
Ashok Leyland appoints Sanjay V Jorapur as President, Human Resource head. Hinduja group flagship Ashok Leyland has appointed Sanjay V Jorapur as its president and head-human resources, the city-headquartered company said on Tuesday. Jorapur succeeds Amanpreet Singh, who would now move on to a senior role at Hinduja Group in Mumb
Tata CLiQ Luxury online brings French fashion house Le Mill to India. Partnership will offer international brands in apparel, accessories, and footwear
Tata Group announces Air India merger with Vistara; SIA to get 25% stake. Singapore Airlines on Tuesday said Vistara will be merged with Tata group-owned Air India. Tata group owns a 51 per cent stake in Vistara, and the remaining 49 per cent shareholding is with Singapore Airlines (SIA). As part of the transaction, SIA will als
Kia India forays into certified pre-owned car biz; plans 30 sales outlets. Automaker Kia India on Tuesday said it has commenced certified pre-owned business in the country with a plan to have 30 sales outlets by the end of the year. The company said its certified pre-owned car business 'Kia CPO' intends to provide a new age exper
Sundaram Home Finance to revise interest rates on fixed deposits from Dec 1. Sundaram Home Finance would revise its interest rates on fixed deposits for trusts, individuals and senior citizens with effect from December 1, the company said on Tuesday. Accordingly, the city-headquartered firm, a wholly owned subsidiary of Sundaram Fi
Adani Properties bags Rs 5,069 crore Dharavi redevelopment project. DLF and Shree Naman Developers were the other two bidders
Vistara: A long-cherished Tata-SIA dream that turned into reality in 2015. Back in 1994, Tata group and Singapore Airlines (SIA) made efforts to set up a joint venture airline in India. Six years later, they again tried to enter the country's aviation market, this time by teaming up to acquire stakes in Air India. However, the tw
ONGC gas price to be at .5 for 5 yrs, no change in Reliance-bp price. A government-appointed gas price review panel, led by Kirit Parikh, is recommending a floor and ceiling price for natural gas produced from legacy fields of state-owned firms for five years to help moderate CNG and piped cooking gas rates. State producers
Go First gets ECLGS boost; expects 16 new P&W engines in coming weeks. Go First, which is facing multiple headwinds, has received an additional Rs 400 crore under a government scheme and expects to operate more planes once it gets 16 new P&W engines in the coming weeks, according to officials. The no-frills carrier has at lea
YouTube removed 1.7 mn videos in India in July-Sept, most in world. Around 5.6 million videos were removed globally for violating platform's community guidelines
India's EaseMyTrip to step up acquisitions, sees strong Q3, says Co-founder. "We are looking to acquire profitable, asset-light and tech-driven businesses in travel," Prashant Pitti, co-founder of EaseMyTrip, said in an interview on Reuters' Trading India chatroom
Alibaba to sell Zomato shares worth 0 million via block deal: Report. Alibaba Group Holding Ltd plans to sell a stake of about 3% in Indian food delivery firm Zomato Ltd worth 0 million through a block deal
Amazon now shuts wholesale distribution biz in India as a part of cost-cuts. Amid an exercise to wind up certain verticals as part of global exercise to cut costs, Amazon on Monday announced to shut down its wholesale distribution business in India.
upGrad-backed Harappa launches in US, to upskill 55,000 managers in 3 yrs. Harappa founders cite huge scope as 82% Americans are likely to quit their jobs because of a bad manager, while 44% managers feel they are unprepared for their jobs
Jet Airways resolution plan totters on disagreement with creditors. Creditors may approach India's aviation ministry to seek approval to liquidate Jet's assets if a resolution does not emerge during a critical court hearing on Tuesday, said a senior banker
ED attaches 40% shares of hotel projects in Gardens Galleria in PMLA case. The Enforcement Directorate (ED) has attached 40 per cent share of the Hotel Project (1,40,000 Sq. Ft. FSI Space) within the Commercial Centre, Gardens Galleria, Noida.
Dharmaj Crop IPO subscribed 1.8x on Day-1, QIB portion not fully covered. Retail, HNI fully covered, institutional investor portion subscribed 35%
Vizhinjam protests: FIR filed against 3,000 people; 36 cops injured. The protests are expected to cast shadow on the completion of the first phase of the project in December 2023
In a first, Rolls-Royce successfully tests hydrogen-powered jet engine. The ground test, using a converted Rolls-Royce AE 2100-A regional aircraft engine, used green hydrogen created by wind and tidal power, the British company said on Monday
Price hikes may not stall cement companies' profit dip: CareEdge. Operating profit margins likely to contract by 320-380 basis points to 16.3-16.8 per cent in FY23, says CareEdge Ratings, as input cost pressures remain
BharatPe sees fresh resignations at top level as CTO, CPO move on. Fintech platform BharatPe has hit with a fresh wave of resignations at the top level, as its chief technology officer Vijay Aggarwal and Rajat Jain, chief product officer (CPO), have quit among others
HCLTech signs multi-year contract with Swiss MRO firm SR Technics. HCLTech's role is to digitally transform the Swiss company's business, will implement a new greenfield SAP S/4HANA environment hosted on Microsoft Azure using RISE with SAP
Govt offers Coal India flexibility to levy mine closure costs to consumers. Coal India Ltd (CIL) has been given freedom to pass mine closure costs on to consumers, but has not taken any such step yet, a company official said on Monday. The Maharatna PSU may consider "levying an additional fee on per tonne basis to be paid by the c
Bharat Biotech gets nasal vaccine nod for use as mix-match booster. iNCOVACC first intranasal Covid shot to receive approval for primary 2-dose schedule, heterologous booster us
Passenger vehicle makers to spend Rs 65,000 cr on capacity expansion: Icra. Higher production is to cumulatively jack up overall capacity utilisation rate in PV industry to 74% by FY23-end from 59% in FY22
NDTV promoter firm RRPR Holding transfers 99.5% shares to Adani's VCPL. Ongoing open offer draws bids for 5.3 mn shares as of Monday's close
Four senior execs quit BharatPe, to pursue 'entrepreneurial passions'. Among the top brass leaving today were Vijay Aggarwal, Rajat Jain, Geetanshu Singla, and Nehul Malhotra
Dailyhunt and Josh parent firm VerSe Innovation lays off 150 employees. VerSe Innovation, the parent company of Dailyhunt and short-form video platform Josh, has laid off nearly 150 employees in a bid to 'streamline' its costs and teams
Surge in bookings, cost cutting fuel 8-fold surge in IPO-bound OYO's Ebitda. Spike in adjusted Ebitda primarily driven by a 23% QoQ rise in Gross Booking Value per hotel in Q2 to Rs 4,00,000; firm still ends with Rs 333 cr loss
IPO-bound OYO reports Rs 63 crore profit in April-September with Sebi. Travel tech firm OYO shared its financials for the first half of FY23 with market regulator Sebi on Monday, reporting a profit of Rs 63 crore as against a loss of Rs 280 crore a year ago. In an addendum to update its IPO application filed with the Securiti
Kotak Mahindra Bank arm to raise up to billion for data centres. The firm did not reveal the fundraising plan, but sources said the lender planned to raise 0 mn- billion
Sebi gives nod to appointment of Ramamurthy as MD & CEO of BSE. Ramamurthy is currently the Chief Operating Officer-India at Bank of America
Mankind Pharma acquires stake in Upakarma Ayurveda for undisclosed sum. Mankind Pharma on Monday said it has acquired a majority stake in Upakarma Ayurveda, engaged in developing, manufacturing and selling ayurvedic and herbal products for an undisclosed amount. The company's decision to invest will empower Upakarma Ayurveda t
NBCC gets Rs 271 cr order in stalled projects of erstwhile Amrapali Group. State-owned construction firm NBCC (India) Ltd on Monday said it has got work orders worth Rs 271.62 crore in projects of erstwhile realty firm Amrapali Group. In a regulatory filing, the company informed that it has got an order of Rs 42.44 crore for cons
Bird Group's Roseate Hotels to develop first hotel near Noida airport. The Roseate Hotels and Resorts, owned by the Bird Group, has been selected to develop the first 220-room luxury hotel near the upcoming Noida International Airport in Jewar, officials said on Monday. The Bird Group, which operates six properties in India a
Reise Moto introduces two-wheeler tyre for domestic market in joint-venture. Reise Moto, a joint venture between Mahansaria Group and European brand Mitas, on Monday launched a two-wheeler tyre range for the domestic market. The tyre under the 'Reise' brand will cater to both motorcycle and scooter segments and will also be shipped
Dhruva Space looking to raise -25 mn in 2 years for satellite infra. Dhruva Space, which has sent two tiny satellites recently, is looking to raise USD 20-25 million in the next one to two years to create infrastructure facilities here to be able to launch satellites weighing up to 100Kg, Abhay Egoor, co-founder and CTO of
Car sharing platform Zoomcar appoints Naveen Gupta as India's head. Domestic car sharing marketplace Zoomcar announced the appointment of Naveen Gupta as Vice President and Country Head for India
DHFL 34,615 cr loan fraud case: Money laundered via 87 shell firms. The CBI in its charge sheet lodged in the Rs 34,615 crore DHFL loan fraud case has said that the accused created 87 shell companies and 2,60,000 fake borrowers to launder money
Max Financial Services gets Irdai nod to acquire residual stake in Max Life. This transaction is expected to be completed in the next fortnight, the company said in a statement on Monday
C4D Partners gets Sebi's nod to launch fund to invest in Indian startups. Netherland-based C4D Partners on Monday said it has received market regulator Sebi's approval to launch its USD 50 million (about Rs 408 crore) fund for investments in Indian startups. C4D Partners had its first close of USD 30.3 million in 2018 for its As
SaaS platform Biz2X says it plans to hire 250 people by 2023 in India. Focus is to retain the right talent keeping in perspective the layoffs happening in the start-up ecosystem, says senior VP Anupama Garg
Agnikul first pvt firm to build launchpad & mission control centre in India. Development follows Skyroot Aerospace's launch of Vikram-S rocket on a sub-orbital flight from Sriharikota on Nov 18
Motilal Oswal invests Rs 450 cr in Shapoorji Pallonji Real Estate. Takes exposure to two projects--one commercial, the other a residential township
Centre gets huge dividend tranche of Rs 5,001 crore as dividend from ONGC. The Central government on Monday received a huge dividend tranche of Rs 5,001 crore from the Maharatna company ONGC.
Shapoorji Pallonji Real Estate raises Rs 450 crore from Motilal Oswal. Shapoorji Pallonji Real Estate (SPRE) has raised Rs 450 crore from Motilal Oswal Group to fund its two projects. Motilal Oswal Alternates, the investments arm of Motilal Oswal Group, has committed Rs 450 crore to Shapoorji Pallonji Real Estate. The investm
Ola Electric on track to open 200 experience centres by end of 2022. The experience centres will enable customers to touch and feel Ola scooters, clarify their queries, and avail support both before and after purchase
Welspun One Logistics Parks Fund 1 commits Rs 500 crore warehousing AIF. Creates a portfolio of Rs 2,300 crore across five cities, aggregating to about 6.6 million square feet of gross leasable area
Why is the Tata group thirsting for Bisleri?. Bisleri is up for sale. Several big players are said to be in talks with the company. Tata group is one among them. But what will the Tatas gain by adding Bisleri to its water crate? Let's find out
Amazon to shut down distribution unit in India, focus on core businesses. The move is a part of the e-commerce firm's strategy to focus on its core business and close-fledging units it has launched such as edtech and food delivery, sources say
Muthoot Finance to raise Rs 300 crore through secured redeemable NCDs. The issue offers an attractive rate of return of 7.75% to 8.25% to retail and HNI investors
Indian pharma exports rise by 4.22% to .57 bn during April-Oct. Pharmaceutical exports from India registered a growth of 4.22 per cent to reach USD 14.57 billion during the April-October period despite a negative trend last month, according to a senior official of an export promotion body under Government of India. Uda
IndiGo can wet lease Turkish Boeing 777 planes for a yr as govt eases rule. Airline says aviation ministry has granted permission to all Indian carriers to wet lease aircraft for a period of six months, extendable by another six months
Irdai asks reinsurers to keep 50% of Indian underwritten biz within country. Any retrocession up to 20%, to the branch of a foreign insurer shall be adjusted against the required minimum retention of 50%
Elon Musk and the confessions of a reader of Ayn Rand novels. For the sake of nostalgia, I'll keep Rand in my bookshelf and Musk in my peripheral vision
Godrej Properties to launch Rs 8,000 cr housing project in Delhi by March. Godrej Properties expects to launch a luxury housing project at Ashok Vihar in the national capital in March quarter and is eyeing Rs 8,000 crore of sales revenue from this property. It had in February 2020 acquired a nearly 27-acre land in the national ca
Ola, Uber drivers fret over 5% convenience fee on each autorickshaw ride. The Ola Uber Drivers and Owners' Association (OUDOA) and the autorickshaw drivers linked with the ride-hailing companies are apprehensive about the five per cent convenience fee and Goods and Services Tax levied on every autorickshaw ride taken up by passe
Battle for Reliance Nippon Life Insurance: Nippon top brass to visit India. The race for acquisition of Reliance Capital's 51 per cent stake in Reliance Nippon Life Insurance Co (RNLIC) is intensifying, with the top brass of the Japanese partner in the joint venture likely to visit India this week to flag its concerns with the ong
Akums chalks out expansion plan as it eyes Rs 10,000 cr turnover by 2028. Leading contract manufacturing drug firm Akums Drugs & Pharmaceuticals plans to expand its presence globally and enhance product range as it looks to more than double its turnover to Rs 10,000 crore by 2028, as per the company's Joint Managing Director San
Google, Microsoft announce new pacts to use renewable energy in data centre. Google and Microsoft have both announced new agreements to lower their IT operations' carbon footprint by using renewable energy sources in their data centres.
Moderate the pace of its monetary tightening: India Inc to RBI. With rising global risk aversion adversely impacting foreign capital inflows, the industry body stated that it poses challenges for financing India's current account deficit
We're hiring, says Elon Musk; Twitter 2.0 to have payments feature. His "Twitter 2.0 The Everything App" will have features like encrypted direct messages (DMs), longform tweets and payments, according to the tweet
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