NSE share market NEWS tomorrow (16 November, 2022). NSE stocks in NEWS (tomorrow)
NSE share market NEWS tomorrow (16 November, 2022). NSE stocks in NEWS (tomorrow) These are NSE stocks which will be in NEWS tomorrow as on 16 November 2022
8 20 was amongst the top gainers, currently trading at 47.25 in NSE with 25.031 times change in volumes and 13.582% change in price. Other gainers included Bond 8 with 6.944% price change and 5.466 times volumes, Hindustan Aeronautics with 6.277% price change and 5.806 times volumes, Rail Vikas with 5.111% price change and 0.711 times volumes, and Cyient with 5.053% price change and 3.054 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.
Steel Authority was amongst the top losers, currently trading at 82.60 in NSE with 1.891 times change in volumes and -4.176% change in price. Other losers included One 97 with -3.998% price change and 2.224 times volumes, Fsn E with -3.957% price change and 1.2 times volumes, Adani Green with -3.951% price change and 1.63 times volumes, and Piramal Pharma with -3.914% price change and 1.866 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.
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
BEL, YIL join hands for ammunition hardware, military grade components. Navratna defence PSU Bharat Electronics Ltd (BEL) has signed an MoU with Yantra India Limited (YIL) for co-operation in the areas of ammunition hardware and military grade components to jointly address the requirements of Indian defence and export markets.
Vedanta says priority is to complete doubling Electrosteel capacity to 3 MT. Vedanta Group on Tuesday said it was focused on completing the expansion of Electrosteel Steels Ltd to three million tonnes from 1.5 million tonnes amid rumours about the company's exit from the steel business. Anil Agarwal-led Vedanta Group scooped Electr
Abu Dhabi fund invests 0 mn in Kotak Investment's 13th real estate fund. With this new fund, KIAL has raised, managed or advised more than .3 billion under its real estate fund series
Flipkart key driver of 13% spike in Walmart's international revenue. Walmart management says early timing of Big Billion Sale, from Q4 last year to Q3 this year, benefited the company
WhatsApp India boss Abhijit Bose, Meta India public policy head quit. This development comes close on the heels of Meta laying off 11,000 employees worldwide, or about 13 per cent of its workforce, as it battles faltering revenue and broader tech industry woes
ONGC Q2 profit tumbles 30% to Rs 12,826 crore on windfall tax woes. Profit fell 15.6 per cent over the preceding June quarter when it had reported a net of Rs 15,205.85 crore
ReNew Power to set green hydrogen plant in Egypt with bn investment. ReNew Power on Tuesday announced that it has signed a framework agreement with Egypt to set up a green hydrogen plant in the Suez Canal Economic Zone with an investment of USD 8 billion. "ReNew Power Private Ltd, a subsidiary of ReNew Energy Global Plc (Re
Tata Consumer and Tata Coffee shareholders approve merger at Nov 12 vote. Tata Consumer Products will issue one equity share for every 22 share held in Tata Coffee to existing shareholders
Content management platform Contentstack raises mn in Series C funding. Georgian's Lead Investor Emily Walsh will join the Contentstack board along with Contentstack CFO David Overmyer
Singapore-based Payash Capital objects to Arcelor inclusion in Srei bidding. Singapore-based Payash Capital, a 49 per cent stakeholder in Trinity Alternative Investment Managers Limited (TAIML), has opposed the decision of the administrator to include ArcelorMittal as a bidder for SREI assets under insolvency proceedings. In a lett
Jaguar Land Rover inks partnerships to improve semiconductor supplies. Tata Motors-owned Jaguar Land Rover is stitching up partnerships to improve semiconductor supplies, as it looks to improve sales volume in the second half of the current financial year. In the September quarter, the marquee brand reported revenue of 5.3 bi
IndiGo Cargo starts with 1st freighter flight between Delhi, Mumbai. IndiGo commenced operations of its first A321 Freighter aircraft between Delhi and Mumbai from Tuesday
Google adds Sleep Profile to its Pixel Watch to help users improve sleep. Google has added Sleep Profile to the Pixel Watch, giving more ways to understand user sleep information, more insight into their sleep style over time
Sebi penalises Global SNC, proprietor for unregistered advisory services. Sebi on Tuesday levied fines totalling Rs 6 lakh on Global Invest Consultant and Advisor/The Global SNC/The Global and its proprietor Rakesh Aashware for providing unauthorised investment advisory services. In addition, the regulator debarred them from the
Google adds UPI's auto payment feature on Play Store for app subscriptions. Google has added UPI's auto payment system to the Play Store in India to enable users make recurring payment for apps subscription with one-time permission, the company said in a blog on Tuesday. "Today we're pleased to extend this convenience to subscript
Twitter is very slow in India, Indonesia & many other countries: Musk. Billionaire entrepreneur Elon Musk has said Twitter is very slow in India and many other countries. Twitter is very slow in India, Indonesia & many other countries. This is a fact, not a claim. 10 to 15 secs to refresh homeline tweets is common. Sometimes,
SBI nominates Ministry of Finance secretary Vivek Joshi on its board. State Bank of India (SBI) on Tuesday said the government has nominated Vivek Joshi to its board following the cessation of the previous director. The Department of Financial Services, Ministry of Finance, in a letter dated November 15, 2022, has nominated
Bharti Airtel starts offering 5G service around 13 locations in Gurugram. Telecom operator Bharti Airtel on Tuesday announced the launch of 5G services at around 13 locations in Gurugram. The service will be available to customers in a phased manner as the company continues to construct its network and complete the roll-out, the
Top headlines: Disinvestment target, RBI imposes penalty on 9 UCBs & more. Business Standard brings you the top headlines this hour
EPFO set to hire 35 legal experts to deal with litigation: Report. It would be the first such hiring by the statutory body, which functions under the Ministry of Labour & Employment
Over 50% Indian firms experienced economic crime in 2 years: Survey. 95% of them suffered new types of fraud as a result of the disruption caused by Covid-19
Google Play allows UPI Autopay payment for subscription-based purchases. Autopay helps customers make recurring payments using any UPI application
Tech Mahindra to come out with moonlighting policy this month: Report. Many employees working from home during the pandemic took up side jobs without the approval of their parent firm
Blackstone launches platform to expand foray in Indian data centre segment. US private equity player Lumina CloudInfra's to add 600 megawatts of critical IT load
Muscle & Strength to add 20 more stores in north India by next year. Muscle & Strength's revenue grew by more than 25 per cent during the past one year
ONGC Q2 profit tumbles 30% to Rs 12,826 crore on windfall tax woes. India's top oil and gas producer ONGC reported a 30 per cent fall in September quarter net profit after the government brought a new tax on windfall profits arising from a spurt in international energy prices. Net profit of Rs 12,825.99 crore, or Rs 10.20
Skyroot to signal India's SpaceX moment on Fri with Vikram-S rocket launch. The mission, named 'Prarambh', will be the first launch of a privately developed and operated launch vehicle from the country
Instant food brand Yu raises Rs 20 cr funding for business expansion. Company says it will 'aggressively expand' presence in US, Africa and West Asia
Paytm faces another reckoning with lock-in period expiring this week. The biggest shareholders in One97 Communications Ltd., Paytm's parent company, are Alibaba Group Holding Ltd. and its fintech affiliate Ant Group Co., as well as Japan's SoftBank Group Corp
Sanjeev Gupta's Liberty Steel nears deal with Credit Suisse, Greensill. Gupta's sprawling group of metals firms, gathered under a loose umbrella called GFG Alliance, were pushed to the brink when Greensill collapsed in March 2021
Balaji Srinivasan invests unknown sum in blockchain start-up Permissionless. Company to use the funds to scale the number of contributors on the platform, create more integrated productivity tools for borderless and asynchronous work
IAMAI asks govt to content and broadcasting services out of telecom bill. IAMAI said in its submission that 'telecommunication' can cover video calls, emails, messages as well as other cloud service providers
Amazon woos Indian exporters to sell products on Black Friday sale event. US e-commerce giant cuts subscription fee for new exporters joining Global Selling programme
Piramal-Bain's IndiaRF invests Rs 550 cr for majority stake in Impresario. Funds will be used by the company to fuel the further expansion of Impresario's business
Mindspace REIT net operating income rises 16% in Q2 on strong leasing. Company's debt-to-market value stood at 16.8 per cent while the gross asset value of the portfolio increased by 3.3 per cent over March 2022 to Rs 27,300 crore
Hero MotoCorp opens first VIDA experience centre; commences test rides. Hero MotoCorp on Monday said it has opened its first experience centre in Bengaluru for its electric two-wheeler brand VIDA. The country's largest two-wheeler maker said it has also commenced customer test-rides of the VIDA V1 electric scooter from Monday.
Ramky Infrastructure Q2 net up 7% to Rs 51.97 cr, income drops to Rs 387 cr. Ramky Infrastructure Ltd on Monday posted a 7 per cent increase in consolidated net profit to Rs 51.97 crore for the quarter ended on September 30, 2022. The company had posted a consolidated net profit of Rs 48.42 crore in the year-ago period, Ramky Infra
Indiabulls Finance Q2 consolidated net up marginally to Rs 289.4 cr. Impairments on financial instruments double YoY; income from operations almost flat at Rs 2,229.7 cr
Power System Operation Corporation renamed to Grid Controller of India. India's national grid operator 'Power System Operation Corporation Ltd (POSOCO)' on Monday announced that it has changed its name to 'Grid Controller of India Ltd'. The name has been changed to reflect the critical role of grid operators in ensuring integr
Smartworld Developers expect sales worth Rs 250 cr from retail project. The 100,000 sw ft project in Gurugram is spread over three floors, with units ranging from 500 sq ft to 12,000 sq ft
Reliance Jio aims to bring Kolkata under 5G service coverage by June 23. Reliance Jio Monday said that major parts of the city will be brought under the telecom major's 5G service by December of this year and the work will be completed by June 2023. The high speed data services will be launched in Siliguri soon and the north Be
SpiceJet quarterly loss widens to Rs 838 crore on higher fuel prices. Losses widened to Rs 838 crore (3.25 million) for the three months ended Sept 30
LIC has edge over private insurers: Gains market share in FY23. Top private insurance firms shed 447 bps as national insurer gets aggressive in group biz
Cummins Inc, Tata Motors team up to develop hydrogen-powered engines. India will be one of the first markets to receive Cummins' hydrogen engines, the company said
IRCTC Q2 PAT up 43% YoY to Rs 226 crore, revenue from operation rises 99%. Total income of IRCTC grew 97.55% to Rs 831.79 crore from Rs 421.05 crore YoY
Adani group gets approval for NDTV open offer boosting takeover bid. Adani is now one step closer to gaining a larger footprint in India's media sector
SpiceJet posts highest ever quarterly loss amid high fuel prices. The airline has raised Rs 210 crore from the government's Emergency Credit Line Guarantee Scheme (ECLGS) this year
Hemmed in by interest rate hikes, HFCs see 19% dip in Q2 net profit. The uptick in operating income reflects robustness in the home loan portfolio and hike in lending rates
McLeod Russel Sept qtr net up 6% to Rs 131 cr despite dip in revenues. Revenues from operations at Rs 425.06 crore were lower by 13.93% from the same period last year
MTNL Q2 loss widens to Rs 737 cr, revenue declines 23.5% to Rs 220 cr. State-owned telecom firm MTNL on Monday reported widening of loss to Rs 737 crore on a standalone basis in the second quarter ended September. The company had registered a loss of Rs 653.21 in the same period a year ago, according to a regulatory filing. T
GMR Airports Infra posts Rs 546 cr Q2 standalone loss on higher expenses. GMR Airports Infrastructure on Monday posted a standalone comprehensive loss of Rs 546.14 crore in the September quarter, mainly due to higher expenses. The company had a total comprehensive income of Rs 405.16 crore in the same period a year ago, accordin
NMDC Q2 net profit declines 62% to Rs 885 crore due to lower income. State-owned NMDC on Monday posted a 62 per cent fall in its consolidated net profit to Rs 885.65 crore during the quarter ended September, mainly on account of lower income. It had clocked a Rs 2,339.58 crore net profit during the July-September period of
LIC's shares jump nearly 6% after July-September quarter earnings. With a 10 per cent fall in equity markets, the embedded value of LIC declines by 7 per cent
Gammon India Q2 net loss widens to Rs 339 cr, revenue rises marginally. Gammon India on Monday reported widening of consolidated net loss at Rs 339.31 crore for the quarter ended September. The company had posted a consolidated loss of Rs 274.30 crore in the year-ago period. However, the company had posted consolidated revenue
DoT mandates telecom infra firms to share assets with notified entities. The Department of Telecommunications (DoT) has amended registration rules of telecom infrastructure companies to provide access of their assets to entities that will be notified by the central government in public interest and for national security, an off
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