NSE share market NEWS tomorrow (28 November, 2022). NSE stocks in NEWS (tomorrow)
NSE share market NEWS tomorrow (28 November, 2022). NSE stocks in NEWS (tomorrow) These are NSE stocks which will be in NEWS tomorrow as on 28 November 2022
Rail Vikas was amongst the top gainers, currently trading at 80.10 in NSE with 1.71 times change in volumes and 9.277% change in price. Other gainers included Tube Invest with 6.13% price change and 2.083 times volumes, Hindustan Petroleum with 5.508% price change and 2.779 times volumes, Bond 8 with 5.503% price change and 2.12 times volumes, and Bharat Petroleum with 5.024% price change and 3.074 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.
Delhivery was amongst the top losers, currently trading at 321.05 in NSE with 0.666 times change in volumes and -3.211% change in price. Other losers included Macrotech Developers with -2.956% price change and 0.955 times volumes, Jindal Steel with -2.611% price change and 1.484 times volumes, Hindalco Industries with -2.156% price change and 1.169 times volumes, and Havells India with -2.002% price change and 2.079 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.
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
Amazon is making series on FTX with Marvel movies famed Russo brothers. Amazon has ordered a limited series from the Russo Brothers' ABGO company focusing on the ongoing FTX crypto scandal
Twitter will launch gold, grey checks besides blue tick: Elon Musk. Twitter's account verification program is finally set to launch next week
Paytm Payments to reapply for authorisation of payment aggregator service. Ahead of that, the company will seek necessary approval for past downward investment from One97 Communications Ltd (OCL) into PPSL, to comply with FDI guidelines
Top headlines: Rs 20K-cr Adani FPO, sunflower oil shipments to India & more. Business Standard brings you the top headlines at this hour
RBI pauses onboarding of online merchants by Paytm Payments Services. Banking regulator RBI has put a pause on onboarding of online merchants by Paytm Payments Services, even as the company said it will have no material impact on its business, according to a regulatory filing. One97 Communications (OCL), which owns the Paytm
From Meta to Zomato, how new online review rules will impact industry. As far as platforms like Google and Meta go, the new rules will require them to validate the real person behind the review through specified six-right mechanisms
Tension deepens at Adani's Vizhinjam port after protesters stop trucks. The Adani Group attempted to move heavy vehicles into the port on Saturday following a court directive this week that construction work must resume, but protesters blocked them from entering
Adani arm seeks licence to expand power distribution in parts of Mumbai. An Adani Group company has sought licence for expanding its power distribution business into more areas of Mumbai, including the country's largest container port JNPT. In an advertisement published in several newspapers in the city on Saturday, Adani Elect
Oyo Hotels reports net loss of Rs 333 cr in Q2; revenue increases 24%. The company reported a 24% increase in revenue during the first half of the year, to 29.05 billion rupees. It did not disclose a quarterly revenue figure
Mamaearth apologises for supporting Richa Chadha over 'Galwan' tweet. Beauty and baby care product firm Mamaearth has apologised for supporting actor Richa Chadha in the controversy over her 'Galwan' tweet following social media backlash. Chadha has already apologised for her controversial tweet, which caused a severe backla
Work to combat climate change, boost millet production: FM urges startups. Union Finance Minister Nirmala Sitharaman on Saturday appealed to startups to touch upon less glamorous areas including climate change, millet production and improving the condition of farmers. Addressing a national level summit to promote startups, Sithar
Trade unions threaten to boycott pre-budget meeting with Sitharaman. 10 trade unions of the country in a letter to Nirmala Sitharaman have threatened to boycott their pre-budget meeting scheduled for Nov 28, protesting lack of proper time to put forward their demands
HSBC Asset Management Company completes acquisition of L&T Mutual Fund. L&T Finance Holdings said it has received Rs 3,485 crore from HSBC AMC as sale proceeds
L&T Finance Holdings completes sale of L&T AMC for Rs 3,484 crore. L&T Finance Holdings on Friday completed the sale of L&T AMC to HSBC Asset Management, according to a regulatory filing. "...With respect to the proposed sale of 100 per cent of the paid-up share capital of L&T Investment Management Ltd, asset manager of L
M&M Financial Services' board approves Diwakar Gupta's appointment. Mahindra & Mahindra Financial Services on Friday said its board has approved the appointment of Diwakar Gupta as an Independent Director with effect from January 1, 2023. Gupta (69), a seasoned banker, have over 48 years of experience in banking and financ
Delhi HC grants bail to former YES Bank MD Kapoor in money laundering case. The Delhi High Court on Friday granted bail to former MD and CEO of YES Bank, Rana Kapoor, in a money laundering case being probed by the Enforcement Directorate. The order was pronounced by Justice Sudhir Kumar Jain on the bail application by Kapoor. The
Amazon to pull down shutters in food-delivery business in India on Dec 29. Amazon Food had onboarded 3,000 partners including QSR brands such as McDonald's and Domino's Pizza; some 25 people working on the project have all have been absorbed by the company
Wabag inks agreement with Asian Development Bank to raise Rs 200 cr. Water technology player VA Tech Wabag on Friday said it has signed an agreement with Asian Development Bank (ADB) to raise Rs 200 crore through unlisted non-convertible debentures (NCDs) carrying a 5-year and 3-month tenor. This NCD will be subscribed by A
NextG Apex plans to increase its employee count to 5,360 by FY25. Business consulting firm NextG Apex on Friday said it is planning to increase its manpower to 5,361 by FY25 to support its expansion into several verticals, including FMCG and health. At present, NextG Apex has a headcount of 543 employees that they want t
Insolvency proceedings begin in Ansal Properties and Infrastructure. The creditors of Ansal Properties have been asked to submit their claims with proof by December 1 to the interim resolution professional
Former Nykaa CFO Arvind Agarwal joins PayU India as chief financial officer. "We are excited to welcome Arvind to our leadership team," said Prosus-owned PayU India in a statement
Amazon's Black Friday: Several Indian trade unions to join protests. The campaign is being coordinated by an international coalition of trade unions, with the support of environmental and civil society groups
Gautam Adani's bn bet aimed at silencing debt-obsessed critics. Gautam Adani is seeking legitimacy in the face of questions about his group's breakneck expansion from a traditional port operator to a sprawling empire
Greater Noida authority cancels land allotment of Parsvnath developer. The authority has taken this action for non-deposit of the outstanding amount of nearly Rs 281 crore on both the land plots and non-completion of both the projects
No employee was sacked, all resignations were voluntary: Amazon India. Amazon India said that it reviews its employees every year across verticals and checks if the organisation requires realignment
PVR Cinemas opens first ever IMAX superplex at Lulu Mall in Kerala. Film exhibition company PVR Cinemas has opened Kerala's first ever IMAX along with a 12-screen superplex at Lulu Mall in the state capital here. The cinemas, which will be opened to the public from December 5, was formally inaugurated jointly by the Chairm
IT sector hiring down 43% in Oct; recovery likely in Jan-March: Study. Ukraine war, funding cuts for start-ups, companies tightening spending among reasons for hiring decline
India considers selling small stakes in its mammoth coal, zinc miners. The government is looking to sell 5%-10% in Coal India Ltd, Hindustan Zinc Ltd, Rashtriya Chemicals and Fertilizers Ltd via the so-called offer-for-sale mechanism
Want to build a global news brand; NDTV takeover a 'responsibility': Adani. According to Gautam Adani, the scale and size of the Adani conglomerate would mean a 'negligible' cost for creating an international media group like Financial Times and Al Jazeera
OTT discussions on draft telecom bill to hamper Indian startups: IAMAI. The IAMAI, in its letter to the Department of Communication (DoT), has expressed grave concern about the impact of these changes on India's startup ecosystem and the digital economy
Trident Realty to invest Rs 3,000 cr over 7-8 years in Panchkula project. The company will use the investment in its recently launched luxury residential project, Trident Hills, an integrated luxury township in Panchkula, to develop the new project
Adani Enterprises to raise Rs 20,000 crore through follow-on public offer. The face value of each Adani Enterprises share would be Rs 1 each and the approval of the shareholders would be taken via postal ballot
Castrol India to acquire 7.09% stake in TVS Automobile Solutions' arm. Lubes maker Castrol India Limited (CIL) on Friday said it will acquire a 7.09 per cent stake in TVS Automobile Solutions' digital subsidiary Ki Mobility Solutions with a planned investment of Rs 487.5 crore in an all-cash deal. With this strategic investme
Nykaa records 12 times jump in revenue on Day 1 of Pink Friday sale. Beauty and fashion e-commerce firm Nykaa has recorded a 75 per cent growth in gross merchandise value and a 12-fold jump in revenue on Day 1 of its Pink Friday sale, the company said on Friday. The company said that it recorded over 400 orders per minute o
Walton Street invests Rs 165 cr in Sowparnika Homes' Bengaluru projects. Sowparnika caters to the middle-income/affordable segment with an average ticket size of Rs 50 lakh in a project close to key employment centres and IT Hubs
Castrol to pick up 7.09% stake in TVS family's Ki Mobility for Rs 488 cr. With this deal, which is Castrol's largest all-cash transaction, the firm aims to expand its presence in service and maintenance of ICE vehicles and EVs
Agrochemical firm Dharmaj Crop Guard's IPO likely to enter market soon. Dharmaj Crop Guard's IPO is coming soon into market
Supercross announces handing over MOU to launch Indian racing league. Supercross India Pvt Ltd on Thursday announced the handing over of the Memorandum of Understanding (MOU) for the commercial rights to launch the world's first of its kind Supercross racing league
PTC India net profit more than trebles to Rs 157 cr in Jan-Mar quarter. Power trading solution provider PTC India's consolidated net profit more than trebled to Rs 157.11 crore in the March 2022 quarter, mainly due to lower expenses. The consolidated net profit of the company was Rs 49.77 crore in the quarter ended March 31, 2
LIC hopes to mirror last year's .9 bn profit from equity sales: Chairman. LIC is aiming to increase its share of premium or participating policies to 15% in two years from about 9% presently, Kumar said
Apple makes about Rs 1.5 lakhs every second, Microsoft pockets Rs 1.1 lakhs. Do you know how much profit Apple makes every second? It is a staggering over Rs 1.48 lakh, making the iPhone maker the world's most profitable company
Chennai Petroleum, IOC signs JV agreement for Rs 31,580 crore TN refinery. The Rs 31,580 Crore refinery complex will cater to the petroleum products demand of the Southern region of India and provide impetus for economic development of the region
Tata's Bisleri International buyout may be biggest in India FMCG space. A majority stake for Rs 6K-7K cr to allow TCPL's expansion in beverage space
HDFC Bank elevates Bharucha as Deputy MD, appoints Zaveri as ED. Decision comes ahead of merger; RBI had halted move ahead of Aditya Puri's retirement
Trident Realty to invest Rs 3,000 crore over 7-8 years in Haryana. Trident Realty will invest about Rs 3,000 crore to build a 200-acre luxury housing township at Panchkula in Haryana as part of expansion plan, its Chairman S K Narvar said. It has acquired this land parcel through insolvency process and invested around Rs
Adani group's open offer: 16.54% of NDTV shares tendered by Day 3. Nearly 28 lakh shares were tendered by shareholders of NDTV under the Adani group's open offer at the end of the third day on Thursday. Adani group's open offer to acquire an additional 26 per cent stake in the media firm New Delhi Television (NDTV) starte
HireQuotient bags investment from Flipkart co-founder Binny Bansal. This comes after the company raised .8 million in pre-series A funding last year from Sumant Sinha of ReNew Power, Mohan Lakhamraju of Great Learning, Sujeet Kumar of Udaan; and Kunal Shah of CRED
EV company Motovolt Mobility raises Rs 16 cr in per-series A funding. The funds raised will primarily be used for new product introduction, marketing initiatives, and growing Motovolt's presence through more retail points pan India
Tube Investments of India acquires 50% stake in X2Fuels and Energy. The acquisition would be by subscribing to 10,753 equity shares for a total consideration of Rs 6.15 crore
Twitter, others slip on removing hate speech, says European Union review. Twitter took longer to review hateful content and removed less of it in 2022 compared with the previous year, according to European Union data released Thursday. The EU figures were published as part of an annual evaluation of online platforms' compliance
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