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NSE share market NEWS tomorrow (07 October, 2022). NSE stocks in NEWS (tomorrow)

NSE share market NEWS tomorrow (07 October, 2022). NSE stocks in NEWS (tomorrow) These are NSE stocks which will be in NEWS tomorrow as on 07 October 2022

Mazagon Dock was amongst the top gainers, currently trading at 632.95 in NSE with 0.988 times change in volumes and 6.369% change in price. Other gainers included Titan Company with 5.309% price change and 3.748 times volumes, Cg Power with 4.855% price change and 0.587 times volumes, Jsw Energy with 4.34% price change and 0.51 times volumes, and Abb India with 3.363% price change and 1.186 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.

Jubilant Foodworks was amongst the top losers, currently trading at 618.95 in NSE with 0.843 times change in volumes and -3.168% change in price. Other losers included Odisha Cement with -2.948% price change and 2.386 times volumes, Biocon with -2.867% price change and 1.626 times volumes, Godrej Consumer with -2.788% price change and 0.507 times volumes, and Dixon Techno with -2.673% price change and 1.814 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.

CM Gehlot invites Vedanta to set-up semiconductor industry in Rajasthan. Rajasthan Chief Minister Ashok Gehlot has invited Vedanta Group to set up its semi-conductor chip manufacturing industry in Rajasthan amid a tussle for the project between Maharashtra and Gujarat. During the inaugural session of 'Invest Rajasthan' Summit h

PNB Housing Finance appoints Vinay Gupta as CFO, to succeed Kapish Jain. PNB Housing Finance on Friday announced the appointment of Vinay Gupta as the Chief Financial Officer. The appointment will be effective from October 26, it said in a regulatory filing. Gupta's appointment follows the resignation of Kapish Jain as the CFO

Shanghvi says will participate in Suzlon Energy's Rs 1,200-cr rights issue. The rights issue will open on October 11, closing on October 20

Dabur enters peanut butter market with 'Real Health Peanut Butter' range. This peanut butter has No added sugar, salt & oil," said Smerth Khanna

Tracxn Technologies garners Rs 139 crore from anchor investors. The company's Initial Public Offering (IPO) will be entirely an Offer For Sale (OFS) of 38,672,208 equity shares by promoters and investors

Yogi Adityanath invites Tata group to participate in investor summit. Uttar Pradesh Chief Minister Yogi Adityanath on Friday invited Tata group to participate in the Global Investors Summit slated for February next year while highlighting the environment created by the state for attracting investment. According to an officia

Anil Agarwal faces key vote for plan to tap Vedanta cash reserves. Shareholders of Indian unit Vedanta Ltd. will on a company plan to move money out of its reserves and into its balance sheet, increasing the probability that the funds will be used for dividends

Pay gap rising between freshers and top management in Indian IT companies. The packages of freshers have increased marginally, by 20 per cent, since 2010, while the packages of CXO-level employees have gone up by 70-90 per cent

Companies can omit important information under new CSR disclosure rules. New rules let companies omit details like title, location, and duration of the business's CSR project, budget allotted for it, the amount spent on it during the current fiscal year among others

FAME-II: Subsidies to Hero Electric, Okinawa halted for non-compliance. Centre has also asked Greaves Cotton's Ampere, Rattanindia's Revolt, Okaya and Jitendra EV to face an audit to be conducted by the Automotive Research Association of India (ARAI)

Mukesh Ambani joins the list of global rich with family office in Singapore. Asia's second-wealthiest man, Reliance Industries Ltd. Chairman Mukesh Ambani, is setting up a family office in Singapore, according to people familiar with the move.

Credit Suisse offers to buy back debt securities worth 3 bn Swiss francs. Credit Suisse Group AG is offering to buy back debt securities for cash worth approximately 3 billion Swiss francs, just as the embattled lender tries to put finishing touches on a planned overhaul

Kerala's agriculture startup launches end-to-end supply chain for bananas. A Kerala-based agribusiness startup has launched an end-to-end supply chain connecting banana cultivators, traders and exporters on a single platform. The start-up, Greenikk, has built enablement centres (EC) in the major banana producing agricultural-belt

Tesla to deliver first Semi Trucks to Pepsi by Dec 1, says Elon Musk. Tesla has started the production of its long-delayed Semi Truck that will have a 500 miles (800 km) range and will first reach Pepsi facilities, Elon Musk announced on Friday.

WPP acquires remaining 26% stake in MediaCom from Balsara family. Deal size not known immediately, marks the exit of the Balsaras from the agency

RattanIndia to buy 100% stake in electric motorcycle maker Revolt Motors. RattanIndia Enterprises said it was buying the stake it did not already own in electric motorcycle maker Revolt Motors, at a time when eco-conscious consumers are turning to alternative vehicles

Infosys again faces legal action for age and gender discrimination in US. Court rejects firm's plea to dismiss petition, as defendants to repond in 21 days

Gautam Adani announces investment worth Rs 65,000 cr in Rajasthan. Richest Asian Gautam Adani on Friday announced a Rs 65,000 crore investment in Rajasthan over the next 5 to 7 years in setting up a mega 10,000 MW solar power capacity, expanding cement plant and upgrading Jaipur airport. The investment by ports-to-energy

Equitas SFB gross advances up by 20% at Rs 22,802 cr at September end. Equitas Small Finance Bank on Friday said its gross advances grew by 20 per cent to Rs 22,802 crore at end of September 2022 quarter. The Bank's gross advances in the year-ago period of September 2021 stood at Rs 18,978 crore. During the second quarter end

Lupin ties up with global agencies to support tuberculosis treatment. Drug firm Lupin on Friday said it has tied up with Unitaid, The Aurum Institute, the Clinton Health Access Initiative (CHAI), and other global procurement agencies to support tuberculosis prevention treatment initiative to be rolled out to 138 countries. A

Audi India retail sales up 29% to 2,947 units during Jan-Sept period. German luxury carmaker Audi on Friday reported a 29 per cent growth in retail sales at 2,947 units in the January-September period of this year in India. Audi India had retailed 2,291 units in the same period last year. The growth was driven by the new A8

Asha Ramanathan, new COO; Gayathri Parthasarthy, new FSS lead at PwC India. Asha is a qualified chartered accountant (CA), and Parthasarthy is a Financial Services industry veteran

Indiabulls Housing Finance opens public issue of bonds to raise Rs 800 cr. Indiabulls Housing Finance on Friday opened the public issue of bonds to raise debt capital of up to Rs 800 crore. The public issue of secured, redeemable, non-convertible debentures of face value of Rs 1,000 each, is the tranche III for the non-banking fi

Hero MotoCorp forays into electric segment; drives in VIDA V1 e-scooter. The country's largest two-wheeler maker Hero MotoCorp on Friday forayed into the electric vehicle segment with the launch of its first electric scooter VIDA V1 priced at Rs 1.45 lakh. The company has introduced two trims of the scooter -- VIDA V1 plus and

Coffee Day Enterprises' total default at Rs 465.66 cr in second qtr of FY23. Coffee Day Enterprises Ltd has reported a total default of Rs 465.66 crore on payments of interest and repayment of principal amount on loans from banks, financial institutions and Unlisted Debt Securities as NCDs and NCRPS, for the quarter ended September

Xiaomi rejects speculation over India operations being moved to Pakistan. Rumours started with a portal's tweet that the Chinese cellphone manufacturer may shift its operations from India to Pakistan after its assets worth 6 million were seized

OYO elevates two senior execs in service experience and revenue functions. The firm recently had also revamped its flagship patron-facing app, CO-OYO, allowing users to now run their own promotional offers ahead of the peak festive travel season this year

Quess Corp to sell its stake in Simpliance Technologies for Rs 120 crore. Aparajitha, a Human Resource compliance service firm from Madurai, Tamil Nadu, along with its affiliates would take over a 53 per cent stake in Simpliance from Quess Corp.

AM/NS India receives environmental clearance for Hazira plant expansion. This increased steel manufacturing capacity represents a significant boost for the government's National Steel Policy, which envisages doubling domestic capacity to 300 MTPA by 2030

France's Teleperformance bets on India for mid to senior leadership talent. Indian is also significant in the company's stated target of becoming a Euro 10 billion company by 2025

Mahindra arm forms JV with Actis; to invest Rs 2,200 cr in industrial units. Realty firm Mahindra Lifespace Developers Ltd on Thursday announced a joint venture with Actis to develop industrial and logistics facilities with an initial investment of Rs 2,200 crore. Actis is a global investment firm. In a regulatory filing, Mahindra

SpiceJet shares settle 9% higher on report of likely Rs 1,000-cr govt loan. Shares of SpiceJet on Thursday ended nearly 9 per cent higher amid reports that the company is expected to receive an additional Rs 1,000 crore as part of the modified ECLGS (Emergency Credit Line Guarantee Scheme). After beginning the trade on a positive

Nykaa, Dubai's Apparel Group forge GCC alliance to build multi-beauty brand. Indian cosmetics and fashion retailer Nykaa on Thursday entered a strategic alliance with Dubai-based fashion and lifestyle retail conglomerate Apparel Group to expand in Gulf countries

RBI directs credit information companies to appoint internal ombudsman. The Reserve Bank of India (RBI) on Thursday has directed all the credit information companies to appoint an internal ombudsman by April 1, 2023

Asteria Aerospace gets DGCA's micro category drone certification. Asteria Aerospace Limited on Thursday announced that it has received India's first micro category drone type certification for its indigenously designed A200 drone from the Directorate General of Civil Aviation (DGCA). The A200 drone was found to be fully

Karnataka HC declines relief to Xiaomi over Rs 5,551-cr asset freeze. The Enforcement Directorate froze Rs 5,551 crore of Xiaomi assets in April, alleging the company made illegal remittances to foreign entities by passing them off as royalty payments

Dabur says consolidated revenue in Q2 likely to grow in mid-single digit. Home-grown FMCG major Dabur India on Thursday said its domestic business had a "steady performance" and is expected to report "revenue growth in mid-single digit" for the second quarter ended September. Despite the macro-economic challenges, Dabur said it

E-commerce sector expected to create 500,000 jobs by Diwali: Report. The demand for gig workers is, however, not restricted to tier-1 locations. Tier 2 and tier 3 cities have seen an increase of 40 per cent, with a higher demand for delivery workers

Majority of Mercedes-Benz models in India to be EVs by 2030: CEO Schwenk. Mercedes-Benz's first electric car in India was the EQC, launched in 2020

HFCL, Qualcomm partner for 5G outdoor small cell product development. Domestic telecom gear maker HFCL has partnered with Qualcomm Technologies for design and development of 5G outdoor small cell products, the home-grown firm said on Thursday. In continuation with its 5G strategy, HFCL's investment in 5G Outdoor Small Cell p

Maiden Pharma's cough syrups, under WHO scanner, not sold in India: Sources. Meanwhile, the Indian regulator is awaiting evidence of links between the cough syrups and the deaths in Gambia

Titan sees 18% sales growth in September quarter; adds 105 new stores. Tata group firm Titan on Thursday said its overall sales grew 18 per cent year-on-year in the September quarter. The company, which operates in the segments as Jewellery, Watches & Wearables, and EyeCare has witnessed "healthy double-digit growth across mo

Chennai and Jaipur to be seed sites of Mahindra Lifespaces-Actis JV. Major stake of the joint venture's total investment is to be acquired by Actis. Over the initial years, total investment is to be estimated at Rs 2,200 crore including debt

Karnataka HC declines relief to Xiaomi India over Rs 5,551-cr asset freeze. The competent authority, formed under the Foreign Exchange Management Act, 1999 (FEMA), confirmed the order of the ED to seize the assets of the smartphone company on September 19.

Airtel customers to get 5G at existing rates in 8 cities initially. Airtel launches 5G Plus service, with superfast high-def video streaming, gaming & multiple chatting

HCL Tech to train up to 18k tech, consulting professionals on Google Cloud. IT company HCL Tech plans to train up to 18,000 technology and consulting professional on Google Cloud to scale up its ability to accelerate digital transformations globally with Google Cloud infrastructure, products and solutions, the company said on Thur

Amazon India terms Redseer's report on festive season speculative. E-commerce player Amazon India on Thursday called the report of Redseer Strategic Consulting on festive season sale numbers as "speculative which lacks transparency", while the consulting firm defended it as an independent research. The Redseer report show

Meesho surpasses Amazon in festive order volumes, Flipkart leads the market. E-commerce firms such as Amazon, Flipkart, Meesho, Reliance's JioMart and Tata Group have been running various parallel sale events

Flipkart spent .1 billion from February to July, shows Walmart filings. The firm has also has been an active investor in the ecosystem and has a portfolio of investments in many companies

NTPC ropes in GE Gas Power to reduce CO2 emissions at plants in Gujarat. State-owned NTPC has roped in GE Gas Power to help it reduce carbon emissions at its 645 MW Kawas gas power plant in Gujarat. Both companies have entered into a Memorandum of Understanding (MoU) in this regard. "MoU is to demonstrate the feasibility for hy

Akasa Air performance 'satisfying' in first 60 days; well capitalised: CEO. The country's new scheduled airline Akasa Air is "well capitalised" and will allow carrying of domesticated dogs and cats onboard along with passengers from November, according to its senior executives. The airline, which began operations on August 7, also

Vedanta's medical arm ties up with Anuva for cancer research in India. Vedanta's BALCO Medical Centre (BMC), one of India's leading cancer hospitals, and Anuva, a genomics biotech company with a centre in India and backed by a UK-based hub, on Thursday jointly announced a strategic collaboration to build a Cancer Genomics Bio

How will high global natural gas prices affect India?. Ahead of the winter, Europe is making desperate attempts to purchase natural gas from sources other than Russia, putting Asia in a tight spot. What does it mean for India? Let us find out

Poonawalla Fincorp AUM grows 21% YOY to Rs 3,270 crore in Sept quarter. Sequentially, its consolidated asset portfolio expanded by 5% over Rs 17,660 crore at end of June 2022

Airlines face difficulty in operating at full capacity amid low demand. The travel sentiment was impacted by several waves of the Covid-19 pandemic, people postponed travel plans to protect their savings. In this, high travel fares impacted the demand negatively

Copycat threat to goodwill, trademark of legacy brands increasing. Small businesses violate trademark laws with deceptively similar brand names which not only confuses consumers, but also leads to production of fake goods resulting in huge losses to corporates

RIL-backed Viacom18 Media to stream FIFA World Cup on Jio Cinema for free. The commentary for FIFA matches will be available to users in English, Hindi, Malayalam, Bengali, and Tamil

Macrotech Developers' sales bookings up 57% to Rs 3,148 crore in Q2. Realty firm Macrotech on Thursday reported a 57 per cent increase in its sales bookings during the July-September quarter to Rs 3,148 crore on strong housing demand. Macrotech Developers, which sells its properties under the Lodha brand, is one of the lead

Star Air inaugurates direct flight services between Mumbai and Kolhapur. / -- Star Air, the aviation arm of Sanjay Ghodawat Group, inaugurated its direct flight services between Mumbai and Kolhapur under the Regional Connectivity Scheme. The launch of Kolhapur not only celebrates the expansion of Star Air's travel route but als

Glenmark launches drug to treat patients with insulin-resistant diabetes. Glenmark Pharmaceuticals on Thursday said it has launched Thiazolidinedione Lobeglitazone in the country for the treatment of type 2 diabetes in adults. The Mumbai-based drug firm has launched the medication under the brand name LOBG and is priced at aroun

ONGC Videsh to invest billion in offshore block held by Petrobras. Brazil's Petroleo Brasileiro SA (Petrobras) owns a 75 per cent stake in the block and the rest 25 per cent is held by OVL, it will raise its stake in the block

Agritech start-up Falca raises mn in funding for expanding business. Company enables farmers to sell their products directly to consumers without extra costs like logistics, packaging

Mumbai Angels raises $ 2mn funding for recruitment automation start-up. TurboHire ensures accuracy in candidate selection and reduces the cost and time spent on hiring

WeWork India takes on lease 362,000 sq ft office space in Bengaluru. Co-working major WeWork India on Thursday said it has taken on lease 3.62 lakh square feet office space in Bengaluru as part of its expansion plan amid rising demand for flexible workspace. In 2017, WeWork Global had partnered with Bengaluru-based Embassy

Airtel rolls out 5G Plus in eight cities, no SIM change required. Customers in Delhi, Mumbai, Chennai, Bengaluru, Hyderabad, Siliguri, Nagpur and Varanasi will start enjoying the Airtel 5G Plus services in a phased manner, said the company

Akasa Air to allow pets in cabin, cargo from Nov; to expand routes. Akasa Air, which took to the skies two months ago, will allow domesticated dogs and cats in cabin as well as cargo from November and will also be starting new routes in the coming weeks. The airline, which is "well capitalised", plans to start internationa

India sees .7-bn online festive sales, 56k mobiles sold per hour: Report. The online retail platforms in India clocked .7 billion (about Rs 40,000 crore) worth festive sales between September 22 to 30, a robust 27 per cent (year-on-year) growth, a report showed

Dabur India flags up to 200 bps margin hit in Q2 as inflation bites. However, the maker of toothpaste and packaged juices expects easing commodity prices to help improve margins in the second half of the year

Top headlines: Sep services growth at 6-month low; Dabur flags margin hit. "During the quarter, inflation was at peak levels which impacted gross margins," Dabur said in a regulatory filing

Future Retail insolvency: EoI invited from prospective buyers by Oct 20. The resolution professional of Future Retail Ltd (FRL) has invited 'expression of interest' from prospective buyers under the ongoing Corporate Insolvency Resolution Process (CIRP). All interested and eligible prospective resolution applicants (PRA) for FR

Adani Enterprises announces establishment of two new subsidiaries. While Adani Disruptive Ventures aims to partner with businesses looking to create solutions through disruptive technology, Alwar Alluvial Resources will be engaged in minerals processing

Scarred by boycotts, ad industry treads cautiously this festival season. Experts say brands must evaluate if their social messaging is only oriented towards catching eyeballs

S&P upgrades Greenko Energy to 'BB-' on improving business position. Greenko Energy Holdings' stabilising operating performance with greater resource diversity and manageable execution risk for pumped storage projects will strengthen its business position, S&P said

IT companies to hire 20% less people in next financial year: Report. Despite strong indicators in the software market, Indian tech companies have been facing high attrition and narrowing margins, its impact is most likely to be faced during the hiring of freshers

Battling attrition in India, HCL to hire 1000 employees in Brazil. IT services giant's attrition grew to 23.8 per cent in the first quarter of FY23

No charge on UPI payments via RuPay credit card for up to Rs 2,000: NPCI. There will be no charge for RuPay credit card use on Unified Payments Interface (UPI) for transactions up to Rs 2,000 in line with the RBI direction, a recent NPCI circular said. RuPay credit card has been operational for the last four years, and all major

Thai Translucia joins Sunovatech India for metaverse ecosystem worth bn. Translucia, a subsidiary of T&B Media Global (Thailand) on Wednesday partnered with immersive and Extended reality company Sunovatech India, along with other global partners, to build a metaverse ecosystem worth billion.

Robotics start-up Miko picks 70% stake in AI board-game maker Square Off. The 2 companies aim to together generate more than 0 million in revenue in 2023

Robotics start-up Miko picks 70% stake in AI board-game maker Square Off. The 2 companies aim to together generate more than 0 million in revenue in 2023

Mid-course changes in gas pricing to delay investments, says Reliance. Billionaire Mukesh Ambani's Reliance Industries has told a government-appointed panel reviewing gas pricing that any 'retrograde' move to artificially cap rates will add to fiscal policy instability, delays investment and dent India's attempt to become Atm

785,000 unsold housing stock in top eight cities in Sep-end: Report. Real estate developers are sitting on around 7.85 lakh unsold housing units across eight major cities and it will take them 32 months to clear these stocks at current sales velocity, according to PropTiger. However, in Delhi-NCR residential market -- which

Retail chain D-Mart's Q2 revenue jumps 35.7% to Rs 10,384.66 crore. Avenue Supermarts Ltd, which owns and operates retail chain D-Mart, has reported a 35.75 per cent rise in standalone revenue from operations to Rs 10,384.66 crore for the second quarter of the current fiscal. The company had revenue from operations of Rs 7

23% of SMBs remain closed in India as pandemic wanes, says Meta Inc. A Meta (formerly Facebook) survey of small- and medium-sized business (SMB) leaders in India has revealed that 23% of SMBs remain closed as the Covid-19 pandemic wanes

BYD India targets 15,000 EV sales in 2023, to expand portfolio and network. Pure play electric car maker BYD targeting a sales of 15,000 units next year is launching a new model, increasing its distribution network and expanding production capacity if needed

DLF sells all 292 luxury homes in new project at Gurugram for Rs 1,800 cr. Realty major DLF has sold all 292 luxury homes in Gurugram for over Rs 1,800 crore within few days of the launch of the project, signalling strong demand despite rise in interest rate on home loans and property prices. On September 26, DLF had launched its

India Inc's foreign commercial borrowings rise by 4.6% in Aug: RBI data. India Inc's foreign commercial borrowings in August this year rose by nearly 4.6 per cent to USD 2.98 billion, according to the RBI data. In August 2021, the Indian businesses borrowed USD 2.85 billion in the form of external commercial borrowings. Of the

TVS Emerald to come up with five new projects in Chennai, Bengaluru. Combined revenue potential of the projects is Rs 1,000 cr; firm eyes 3.5x surge in area uder development to 25 mn sq ft in next 4-5 years

Amazon discontinues video calling and gaming device Glow for Kids. E-commerce giant Amazon has discontinued its video calling and gaming device called Glow for kids. The device for kids in age group 3-9 is not available on Amazon's website anymore

FinMin allows airlines to avail up to Rs 1,500 crore loan under ECLGS. The Finance Ministry's decision is likely to benefit financially-beleaguered airlines, such as SpiceJet, which have been looking for the Centre's assistance to run their operations

Apollo Hospitals acquires 60% stake in Ayurveda hospital chain AyurVAID. Apollo Hospitals Enterprise Ltd on Wednesday said it has acquired a 60 per cent stake in leading classical Ayurveda hospital chain AyurVAID for a consideration of Rs 26.4 crore. The investment will be used to upgrade existing centres, set up new centres, s

30% rise in tech firm's e-commerce platforms sales in early festive season. E-commerce platforms during the first week of festive season are estimated to have registered 30 per cent growth year-on-year, inventory and warehouse management tech firm EasyEcom said on Wednesday. EasyEcom said that e-commerce volume will grow more in T

Property consultant Anarock aims 37% revenue growth in FY23 to Rs 550 cr. Property consultant Anarock is targeting 37 per cent growth in revenue this fiscal to Rs 550 crore driven by rise in housing sales and income from other advisory services, its Chairman Anuj Puri said. Mumbai-based Anarock, one of the leading housing broker

Happiest Minds board approves raising of Rs 1,400 cr through equity debt. IT company Happiest Minds Technologies board on Wednesday approved raising of up to Rs 1,400 crore through equity or debt bonds, the company said in a regulatory filing. "We wish to inform you that the board at its meeting held today i.e. October 5, 2022 h

86% of global CEOs see recession within 12 months, finds KPMG survey. 46% of corporate leaders considering job cuts over the next six months

Start-up LeverageEdu gets RBI approval for financial services unit. Company raised million in funding in March earlier this year at a valuation of 0 million

Centre asks Coal India to enhance supply to thermal power plants. With the festival season round the corner, Coal India Ltd has been directed by the government to scale up dispatch to thermal power plants

Weak rural demand drags down FMCG sales in September, shows data. Bizom pointed out that rural sales were impacted in September due to excessive rainfall in some areas and weak rainfall in some other regions, thereby affecting agri yields and household incomes

Wipro asks employees to report to office at least three days a week. The firm's office will remain open for four days each week

CCI gives conditional nod to Zee-Sony merger, formal order awaited. Sony and Zee confirm development, say awaiting remaining regulatory approvals

Tata Steel announces offloading 19% equity holding in AI Rimal to Tanmia. Tata Steel on Tuesday said it has offloaded 19 per cent stake in Al Rimal Mining LLC, Oman (Al Rimal). With this transaction, the company's shareholding in Al Rimal has come down to 51 per cent from 70 per cent, Tata Steel said in a statement. "Tata Steel,

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