NSE share market NEWS tomorrow (17 November, 2022). NSE stocks in NEWS (tomorrow)
NSE share market NEWS tomorrow (17 November, 2022). NSE stocks in NEWS (tomorrow) These are NSE stocks which will be in NEWS tomorrow as on 17 November 2022
Union Bank was amongst the top gainers, currently trading at 70.25 in NSE with 1.47 times change in volumes and 6.359% change in price. Other gainers included National Buildings with 4.683% price change and 1.364 times volumes, Bond 8 with 3.525% price change and 1.127 times volumes, 8 20 with 3.492% price change and 0.584 times volumes, and Kei Industries with 3.315% price change and 1.436 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.
One 97 was amongst the top losers, currently trading at 539.80 in NSE with 16.104 times change in volumes and -10.25% change in price. Other losers included Info Edge with -5.792% price change and 2.697 times volumes, Piramal Pharma with -5.344% price change and 1.286 times volumes, Rail Vikas with -4.235% price change and 0.724 times volumes, and Supreme Industries with -3.953% price change and 1.384 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 Motors bags order for BS VI diesel 1,000 buses from Haryana govt. Tata Motors on Thursday said it has bagged an order for 1,000 buses from Haryana Roadways. The auto major said it will supply 52-seater fully built BS VI diesel buses in a phased manner, as per the contract. "The delivery of these buses will further fortif
Reliance Jio tops 4G network speed chart in October, shows Trai data. Telecom major Jio topped the 4G network speed chart in terms of both average download and upload, according to data published by sector regulator Trai. The Telecom Regulatory Authority of India (Trai) has dropped BSNL from the 4G speed chart in October as
Sebi asks IHH Healthcare to proceed with open offer for Fortis after HC nod. Malaysia's IHH Healthcare on Thursday said Sebi has advised it to proceed with its stalled open offer to acquire 26.1 per cent market share in Fortis Healthcare only after obtaining order from the Delhi High Court. IHH Healthcare had acquired 31.17 per cen
Walmart Foundation declares mn grant for strengthening 60 women-led FPOs. Walmart Foundation on Thursday announced a USD 2 million (around Rs 16.32 crore) grant for a project that aims to transform 60 women-led farmer producer organisations (FPOs) into independent institutions over 30 months. The grant, given to the project 'PRO
Creditors realise Rs 2.43 trn via insolvency resolution process till Sep. Banks, financial institutions and other creditors of stressed companies have realised Rs 2.43 lakh crore through NCLT-supervised insolvency resolution processes against total claims of Rs 7.91 lakh crore till September 30, 2022. So far 532 CIRPs (Corporate
JKRLM Umeed signs pact with Meesho to empower 1,800 self-help group members. Jammu and Kashmir rural livelihoods mission (Umeed) and e-commerce firm Meesho have signed an agreement to support the growth of 1,800 self-help group (SHG) members by providing them an online platform to launch and grow their business and empower rural wo
About 100 start-ups registered with Isro, says Chairman S Somanath. Chairperson of Indian Space Research Organisation (ISRO) S Somanath on Thursday said about 100 start-ups were registered with the space agency. Addressing a plenary session here at the Bengaluru Tech Summit 2022 on R&D of India Innovation for Global Impac
SHV Energy expands LPG terminal capacity by 30,000 metric tonne at TN plant. SHV Energy Pvt Ltd, a subsidiary of Dutch multinational SHV Energy N V, has expanded its LPG terminal capacity by 30,000 metric tonne in Tamil Nadu at an outlay of about Rs 500 crore. The facility in Tuticorin would be ramped up from 8,500 metric tonne to
Suven starts Phase 3 trial for first home-grown Alzheimer's drug. Clinical trial randomisation is the process of assigning patients by chance to groups that receive different treatments
Twitter working on feature to split long text into thread automatically. In response to these tweets, Musk said the team is working on making thread writing easier
Nvidia, Microsoft team up to build one of most powerful AI supercomputers. 'AI technology advances as well as industry adoption are accelerating', said Manuvir Das
PTC India Financial Services posts multi-fold rise in FY22 net to Rs 129 cr. PTC India Financial Services (PFS) on Thursday reported a multifold jump in its net profit to Rs 129.98 crore for the fiscal year ended in March 2022 compared to Rs 25.60 crore for 2020-21. In delayed earnings announcement, the non-banking finance company,
Godrej Capital forays into Rajasthan, targets 10% market share: Official. Godrej Capital, the financial services arm of Godrej Group, has forayed into Rajasthan. The company will target a 10 per cent market share with a focus on loan-against-property (LAP), a company official said. In addition, it will launch unsecured business
Will look into financial disclosures of Byju's, says ICAI president. Move comes in backdrop of Congress MP Karti Chidambaram's letter airing concerns over results
Google collaborates with K'taka govt to support emerging local start-ups. Tech giant and search engine Google on Thursday signed a memorandum of understanding (MoU) with the Karnataka government to support its vision to promote innovation and spur the growth of startups across the State. In collaboration with the Karnataka Innov
Future Group trying to stall proceedings amid legal row with Amazon: SC. The Supreme Court said it 'was concerned' that the Future Group was trying to stall the proceedings before the Singapore Arbitral Tribunal
Layoffs are part of annual operating planning review process: Amazon. Sources say attempts being made to absorb staff in other units
Won't allow stalling of proceedings before SIAC in Amazon-Future case: SC. The Supreme Court made it clear on Thursday it will not allow stalling of the arbitral proceedings pending before the Singapore International Arbitration Centre (SIAC) pertaining to the ongoing legal tussle between US e-commerce major Amazon and the Future
TPG Capital to sell Nykaa shares worth Rs 1,000 cr via block deal on Friday. American private equity firm TPG Capital is likely to sell shares of Nykaa worth Rs 1,000 crore through a block deal
After Ratan Tata, now Niranjan Hiranandani invests in Goodfellows. Founder and CEO of the Hiranandani Group Niranjan Hiranandani has made an investment in Goodfellows, a start-up offering senior citizens companionship
PE/VC investments drop 75% in October over last year: IVCA-EY report. Inflation woes, recession fears, the rising cost of capital, and elevated levels of uncertainty driven by geopolitical tensions have weighed down the PE/VC activity in 2022
EV start-up Chargeup raises million in pre-series A1 funding round. The EV market in India is expected to grow aggressively from 2 million to 80 million vehicles by 2030 as per government estimates
Alternative fuel start-up Buyofuel raises Rs 11.5 cr in series A funding. The funds raised will be put towards expanding the company's services across geographies, development of product offerings as well as technology
Dettol enters a new category with Dettol multi-use antiseptic cream. With the launch of this antiseptic cream, the company aims to create a niche for itself in the cuts and wounds segment, as it looks to on building on its existing antiseptic liquid
Future Enterprises defaults on Rs 1.07 crore interest payment for NCDs. Debt-ridden Future Enterprises Ltd (FEL) on Thursday said it has defaulted on payment of interest on non-convertible debentures of Rs 1.07 crore. "The company is unable to service its obligations in respect of the interest on Non-Convertible Debentures was
CPPIB buys shares of FSN E-Commerce Ventures worth Rs 299 crore. Canada Pension Plan Investment Board (CPPIB) on Thursday bought over 1.70 crore shares of Nykaa's parent company FSN E-Commerce Ventures for Rs 299 crore through an open market transaction. CPPIB purchased a total of 1,70,81,850 shares of the company, as p
NCLT initiates insolvency proceedings against Ansal Properties & Infra. The National Company Law Tribunal has directed to initiate insolvency proceedings against realty firm Ansal Properties & Infrastructures on a petition filed by 126 flat buyers of one of the company's housing projects. A two-member bench of the insolvency t
Godrej Yummiez expands vegetarian portfolio; aims for 30% growth in FY23. Godrej Yummiez, a brand of ready-to-cook products from Godrej Tyson Foods (GTFL), expanded its vegetarian portfolio with the launch of Godrej Yummiez Crispy Potato Starz
Tata Group plans to merge carriers under Air India, scrap Vistara brand. Tata is considering scrapping Vistara brand, Singapore Airlines Ltd's local affiliate in South Asian nation; Singapore Airlines is evaluating the size of stake it should take in the combined entity
Journey towards strong governance a work in progress: Deepak Parekh. The ultimate objective is that corporate governance systems must become simpler; not more complicated, Parekh said
NCLT orders corporate insolvency resolution of real estate firm BPTP. RBCL Projects had filed the petition in the NCLT to initiate CIRP against the BPTP, which was incorporated in 2003
2022 e-commerce festival sales almost 2x of 2019: Redseer report. This is about 25 per cent year-over-year growth as compared to festive sale month of CY2021
Bharti Telecom plans to tap bond market to raise Rs 7,000 crore. The telecom operator, which holds a stake in Bharti Airtel, plans to raise funds in three tranches and has invited bids from investors on Friday
Indian refiners wary of buying Russian oil after Dec 5 as EU sanctions loom. The Asian giants, who are two of the world's top three importers, had become Russia's biggest customers after the West shunned Russian oil after the outbreak of war in Ukraine
HDFC Capital concludes 2nd H@ART summit; commits investments to 15 startups. The HDFC Capital through its H@ART platform has committed to more than 15 investments in Indian prop-tech startups and has already invested in companies like Loyalie and HomeExchange
Blackstone to acquire majority stake in R Systems for Rs 2,904 crore. Blackstone is buying the promoters' stake for Rs 245 per share, a premium of 3.9 per cent on the current price of Rs 235.8 per share. The promoters will get around Rs 1,496.95 crore
BPCL's former Chairman Arun Kumar Singh to be the next head of ONGC. Oil refining and marketing company BPCL's former chairman Arun Kumar Singh is likely to be the new chairman of India's top oil and gas producer ONGC -- the first instance of a top PSU board-level position going to a person aged over 60. A search-cum-select
Kirloskar Brothers calls EGM on Dec 8; to vote on forensic audit. Shareholders to discuss legal fees paid by company as dispute in promoter family continues
SoftBank sells 4.5% stake in Paytm for 0 million, says report. SoftBank's sale of 29.35 million shares at that price amounts to a total consideration of 0 million, according to Reuters calculations
Maruti Suzuki joins hands with IIT Bombay to drive innovation programmes. Maruti Suzuki India on Thursday said it has partnered with Indian Institute of Technology, Bombay to drive innovation programmes for startups. The auto major said it has inked a memorandum of understanding (MoU) with Society for Innovation & Entrepreneursh
Aditya Birla to bring luxury department stores Galeries Lafayette to India. Flagship stores in Mumbai and Delhi will have more than 200 luxury and designer brands
Indian PC mkt dips 11.7% in Q3CY22; demand to be slow for next 2 qtrs: IDC. All segments declined except the government, which grew by 91.5 per cent YoY on the back of government orders, leading to strong growth in the third consecutive quarter
Looking into financial disclosures of Byju's: ICAI head Debashis Mitra. Chartered accountants' apex body ICAI is looking into the financial disclosures made by edtech major Byju's amid concerns that there are issues related to them, according to a top official. The development also comes against the backdrop of Lok Sabha membe
Former Twitter CEO Dorsey tweets 'nobody knows anything', Musk reacts. The first two weeks of Musk's ownership of Twitter have been marked by rapid change and chaos
Alstom to design, manufacture 312 metro cars for Delhi Metro Phase IV. French mobility company Alstom on Thursday said the company has won an order to design and manufacture 312 metro cars for Delhi Metro Phase IV. The order worth 312 million euro includes design and manufacturing of 234 standard gauge metro cars for Line 7 e
BharatX to invest Rs 122 cr in indigenous start-ups over next 18 months. Startup accelerator BharatX will invest USD 15 million (about Rs 122 crore) over the next 18 months in the Indian startup ecosystem, the firm said on Thursday. A joint venture between India Accelerator and think-tank Council for International Economic Unde
Coal India banks on South Eastern Coalfields for output in Chhattisgarh. CIL has set a target of 700 million tonnes (MT) for FY23
DSP Investment Managers to acquire 10% stake in Equitas Small Finance Bank. DSP Investment Managers Private Ltd (DSPIM) will buy a nearly 10 per cent stake in Equitas Small Finance Bank for an undisclosed amount, following approval from the Reserve Bank of India. The bank has received an intimation from the RBI on November 16, 202
Gautam Adani may set up family office overseas to manage ballooning wealth. The Adani family is currently talking to consultants and tax experts about the plans, the people said
India's TWS shipments double year-over-year in Q3, boAt leads: Report. Indian brands grew 143 (year-over-year) in Q3 driven by boAt, Noise, Mivi, Boult Audio and Ptron, while Chinese brands saw an increased share of 13 per cent in Q3
Jeep India working on next set of portfolio for domestic market. The US marquee on Thursday launched the 2022 edition of Grand Cherokee, priced at Rs 77.50 lakh in the Indian market
M3M expects Rs 5,000 cr in sales through 13-acre land acquired in Noida. Real estate firm will invest Rs 2,400 cr in mix-use project of housing, retail and service apartments
BEML's demerged non-core businesses entity's listing in one month. The BEML's demerged non-core businesses entity, BEM Land Assets Ltd, is expected to be listed in the next one month, a step toward divestment of the engineering major. The government seeks strategic divestment of 26 per cent post BEML demerger process of n
Bajaj Auto eyes south east Asia to take e-scooter space by storm. Bajaj's presence in this market in ICE vehicles has been limited till now because the region is essentially a step-through two-wheeler and scooter market
LIC's move to sell Reliance Capital's debt to ARC upsets lenders, bidders. Days ahead of the deadline to submit binding bids, LIC's move to sell its Rs 3,400 crore secured principal debt of cash-strapped Reliance Capital Ltd (RCL) to an asset reconstruction company (ARC) has irked its lenders and bidders. The last date for submit
Keystone Realtors' IPO gets tepid response, oversubscribed 2x. Retail portion just half covered; institutional investor and HNI portions subscribed 3.8x and 3x, respectively
Thierry Bollore quits JLR, Adrian Mardell to take over as interim CEO. Bollore's sudden resignation after a two-year stint comes at a time when the UK arm is battling various headwinds including chip semiconductor even as the order book remains strong
South Korea's KB Group invests 0 mn in Elev8 Venture Partners Fund. Financing will help Elev8 identify investment opportunities in Indian technology companies
Jio announces new international roaming plans ahead of FIFA world cup 2022. The plans launched by JIO for FIFA world cup 2022 will be functional in Qatar, UAE, and Saudi Arabia
Swiggy announces sexual harassment policy for women delivery executives. If the reported offence is punishable by law then it will lead to the removal of customers from the Swiggy's platform
Softbank to divest 29 mn shares in Paytm via block deals on Thursday. Floor price set at Rs 555, 8% discount to last close
Aurobindo Pharma receives EIR from USFDA for its Andhra Pradesh facility. Aurobindo Pharma Ltd on Wednesday said it has received an Establishment Inspection Report (EIR) from the US health regulator for its manufacturing facility at Pydibhimavaram in Andhra Pradesh. The company's Unit XI at Pydibhimavaram is an API non-antibioti
Page Industries to invest Rs 290 cr to set up two facilities in Telangana. Apparel manufacturer Page Industries on Wednesday said it will invest Rs 290 crore to set up two facilities in Telangana. The new units will provide a total employment to 7,000 local youngsters. It will manufacture garments which include sportswear and at
Wipro plans to establish European Works Council for its employees. IT company Wipro has reached an agreement with employee representatives on setting up a European Works Council, the company said on Wednesday. The creation of an EWC follows a request by employees under an EU directive establishing the opportunity in compa
Indian startups need to deliver good profits in 3-5 yrs: Accel's Prakash. The top venture capitalist also predicted that at least 25 Indian unicorns will go for IPO in the next 3-5 years
Lighthouse India Fund offloads Rs 525-cr shares of FSN E-Commerce Ventures. Lighthouse India Fund III on Wednesday offloaded shares of Nykaa's parent company FSN E-Commerce Ventures worth Rs 525 crore through open market transactions. According to the bulk deal data available with the BSE, Lighthouse India Fund III, an affiliate o
Debutants put up a good show; Medanta soars 24%, Bikaji Foods up 6%. Medanta's stock hit a high of Rs 424.65 and a low of Rs 390.55 on the NSE, where Rs 2,000 crore worth of shares changed hands
India will create softwares of the world in next 10 yrs: InMobi founder-CEO. InMobi Group founder-CEO Naveen Tewari said India builds world-class products that people across the globe use everyday and raised optimism that the country would create all the softwares in the world over the next 10 years. Advertising technology company
Videocon Insolvency: Wisdom of creditors can't fluctuate, Twinstar tells SC. Appearing for Twinstar, Senior Advocate Abhishek Manu Singhvi said their bid for Videocon Industries Limited was approved by the CoC during the insolvency process of the group
Tata Group to open 20 'beauty tech' outlets, in talks with foreign brands. The move pits Tata against LVMH's Sephora and domestic rival Nykaa for a share of the fast-growing billion beauty and personal care market in the world's second-most populous country.
Meta India policy chief Rajiv Aggarwal joins Samsung in a tech policy role. Rajiv Aggarwal will take up the position, which entails liaising with and lobbying government officials on domestic policy matters, from December
Paytm pre-IPO investors seem not in a hurry to sell, say analysts. Paytm's pre-IPO investors, which include likes of Warren Buffet's Berkshire Hathway, SoftBank, Elevation Capital and Alibaba, do not seem to be in a hurry to exit the company as they continue to believe in its long-term prospect, analysts said. On Tuesday,
Amazon layoffs in India may be higher than other tech majors: Report. Including direct and indirect jobs, Amazon employs over 1.1 million people in India
Simplilearn raises mn in new funding round led by GSV Ventures. Start-up added more than more than 120,000 paid learners in the past year
Piramal Capital withdraws insolvency proceedings against Reliance Power. Piramal Capital and Housing Finance Ltd has withdrawn the insolvency proceedings against Reliance Power Ltd. Piramal Capital and Housing Finance Ltd has withdrawn the application made against Reliance Power Ltd under section 7 of the Insolvency and Bankrup
Where did big tech and startups go wrong on hiring?. After Twitter and Meta, Amazon is planning to lay-off a big chunk of its workforce. Reports say that it would fire close to 10,000 employees. What led to this situation? And what's the road ahead?
US fines Air India .4 mn for 'extreme delays' in passengers refunds. 'A flight cancellation is frustrating enough, and you shouldn't also have to haggle or wait months to get your refund'
BeatO raises mn from Lightrock India, HealthQuad, Flipkart and others. Digital solution provider for diabetic patients BeatO on Wednesday said it raised USD 33 million (around Rs 269 crore) in Series B funding led by Lightrock India with participation from HealthQuad, Flipkart and existing investors. Founded by Gautam Chopra,
Consultation paper on OTT framework to come next month, says Trai. Telecom regulator Trai will issue a public consultation paper to discuss regulations for internet-based calling, messaging and entertainment apps in December, a senior official said on Wednesday. The Department of Telecommunications has sought recommendati
Swiggy partners go on strike over wages in Kochi as talks with company fail. Protests gather steam as earnings dwindle and fuel prices surge; some say the earnings have declined by as much as 50%
Passenger vehicle sales could hit over 3.8 mn units in FY23: Tata Motors MD. Passenger vehicle sales in India could hit a record of over 38 lakh units in FY23 but the strong growth momentum is not expected to carry over to 2023-24 with pent-up demand already been released, according to Tata Motors Passenger Vehicles Managing Direct
LIC's sale of RCAP debt of Rs 3,400 cr to ACRE upsets lenders, bidders. LIC is conducting a Swiss Challenge process to invite bids (EOIs) from Asset Reconstruction Companies (ARCs) to sell its exposure in the Reliance Capital
upGrad to hire over 1,400 people between Nov 2022 and March 2023. According to an official report, the company has made offers to hire people across India and global offices between November 2022 and March 2023
ReNew Energy Global's Q2 loss narrows to Rs 98 cr on higher revenues. ReNew Energy Global Plc's loss narrowed to Rs 98.6 crore in September quarter compared to a year-ago, mainly supported by higher revenues. In the corresponding period a year-ago, the company had posted a net loss of Rs 661.4 crore, a company statement said
Social media platform Koo becomes second-largest microblog in the world. Koo is the only Indian microblog competing with other global microblogging platforms such as Twitter, Gettr, Truth Social, Mastodon, Parler and stands second (after Twitter) in terms of user downloads
NFRA to carry out conduct audit quality inspections of Big 4 network firms. The National Financial Reporting Authority (NFRA) will carry out audit quality inspections of five audit firms, including the network entities of the Big 4, and the onsite inspections are expected to be done next month, according to a top official. "Audit
Orchid Pharma Q2 EBIDTA rises 104%, revenue up 36% on increasing sales. / -- Orchid Pharma today announced their Q2'22 results. Fuelled by increasing sales and a laser sharp focus on costs, Orchid Pharma reported a 36% surge in total revenue from operations while the EBIDTA has jumped by 104% over the quarter ending September
Healthtech start-up BeatO raises mn in Series B from Lightrock. Firm provides affordable diabetes care with a focus on people who don't have access to specialists
M3M enters Noida property mkt, to invest Rs 2,400 cr in mixed-use project. Realty firm M3M India has bagged a 13-acre land parcel in Noida through e-auctions and plans to invest around Rs 2,400 crore to develop a mixed-use project, its director Pankaj Bansal said on Wednesday. M3M India, which has a major presence in Gurugram, wi
TVS Supply Chain Solutions secures new five-year contract from Dennis Eagle. TVS Supply Chain Solutions on Wednesday said it has secured a fresh five-year contract from UK-based Dennis Eagle for aftermarket services. Dennis Eagle manufactures vehicles for the collection of waste and its transportation to a waste disposal site. Thro
Indiabulls Housing embarks on growth path after three quarters of stability. IHFL's balance sheet and AUM have stabilised and the base has been formed for 10% YoY growth in loans this financial year
Coal India targets 50 MT sales through e-auction in second half of FY23. Coal India is targeting 50 million tonne sales through the e-auction route in the second half of the current fiscal, a top company official said on Wednesday. The coal behemoth had sold around 30 million tonne via e-auction in the first six months of the 2
TVS SCS extends contract with Dennis Eagle for UK aftermarket services. UK-based refuse truck manufacturer needed services for supplier management, stocking and sourcing
WhatsApp India head, Meta Public Policy director step down. Director Public Policy Meta India Rajiv Aggarwal too resigned from his position
US transport dept fines Air India .4 mn for delaying refunds of 1 mn. Refunds were on account of flights cancelled during Covid-19 pandemic; AI among six airlines that collectively forked out 0 mn in refunds and .25 mn in penalties
ESL Steel capacity expansion by next year: Vedanta's Sunil Duggal. Mining giant says priority is to finish doubling capacity of company it acquired in June 2018
Comviva partners with KIIT, ITER to develop market-appropriate talent. Comviva will provide content, technologies, faculty training, and access to industry experts in its core areas of focus like digital payments, real-time marketing & analytics, etc
IRCTC allowed to customise menu for diabetics, infants, health aficionados. The Railway Board has given its catering and tourism arm IRCTC the flexibility to customise its menu to include local and regional cuisines as well as food suitable for diabetics, infants and health aficionados. According to a note sent by the Railway Boar
Infosys Science Foundation names winners of 14th Prize in six categories. The Infosys Prize focuses on the achievements of the recipients and awards them for their contributions to science and research impacting India
ONGC Videsh set to retake its 20% stake in Russia's Sakhalin-1 oil fields. ONGC Videsh Ltd, the overseas arm of state-owned Oil and Natural Gas Corporation (ONGC), has submitted an application to Russian authorities to retake a 20 per cent stake in the Sakhalin-1 oil and gas fields in the far east region of the country, the compa
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