NSE share market NEWS tomorrow (06 October, 2022). NSE stocks in NEWS (tomorrow)
NSE share market NEWS tomorrow (06 October, 2022). NSE stocks in NEWS (tomorrow) These are NSE stocks which will be in NEWS tomorrow as on 06 October 2022
Jsw Energy was amongst the top gainers, currently trading at 330.65 in NSE with 9.784 times change in volumes and 12.754% change in price. Other gainers included Bharat Forge with 8.048% price change and 7.045 times volumes, Persistent Systems with 7.695% price change and 3.029 times volumes, Mazagon Dock with 6.975% price change and 1.859 times volumes, and Samvrdhna Mthrsn with 5.325% price change and 2.482 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.
Godrej Consumer was amongst the top losers, currently trading at 853.65 in NSE with 10.298 times change in volumes and -4.79% change in price. Other losers included Suzlon Energy with -3.165% price change and 1.287 times volumes, Lupin with -2.567% price change and 0.488 times volumes, Bharti Airtel with -2.485% price change and 1.127 times volumes, and Biocon with -2.462% price change and 1.319 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.
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,
Reliance Jio to start beta trial of 5G services in 4 cities on Wednesday. Jio is also working with all handset brands to enable their 5G handsets to work seamlessly with Jio True 5G services so that customers have the most comprehensive range of 5G devices to choose from
Sebi slaps Rs 10 cr penalty on Gautam Thapar for alleged fund diversion. Passes final order in CG Power fund diversion case; also fines Avantha Holdings Rs 5 cr and deal lenders IndusInd Bank and Aditya Birla Finance Rs 1 cr each
Shopsy claims 6-fold growth in customers, orders during festive season sale. E-commerce firm Flipkart's social commerce unit Shopsy claims to have registered a six-fold growth in customers and orders in the recently concluded festive season sale, a top official of the entity said on Tuesday. Flipkart New Business Head and Senior Vi
HCL Tech to scale up Brazil operations, to hire 1,000 people in 2 years. IT company HCL Tech plans to hire 1,000 people in Brazil in the next two years and will also open a new technology centre in Campinas, the company said on Tuesday. HCL Tech is scaling up its operations to serve its growing local and global client base acro
Adani Group's stock surge at risk of reversal, technical indicator shows. The stock rallies of Gautam Adani's companies, which expanded his fortune at a pace that outran all other billionaires globally, is set for a reversal, according to a technical indicator
Google shuts down translation feature in mainland China citing 'low usage'. American tech giant Google on Monday (local time) announced that it was shutting down the Google Translate service in mainland China, citing low usage in the country, as per reports.
Reliance, Sanmina completes JV deal to build manufacturing hub in India. Integrated manufacturing solutions company Sanmina Corporation and Reliance Strategic Business Ventures Limited (RSBVL), announced the completion of their joint venture transaction
India's bad bank NARCL offers Rs 228 cr for Mittal Corp debt held by PSBs. The NARCL will have the right to match any counteroffers, as the lenders have put the debt on the block
Commercial EV maker Euler Motors raises mn in funding round led by GIC. Company will use the money to strengthen manufacturing, supply chain and hire talent
Edelweiss arm aims to raise billion in third distressed asset fund. Edelweiss Alternative on Tuesday said it is targeting to raise USD 1 billion (about Rs 8,000 crore) in its third distressed asset fund, eyeing strong opportunities in the space. The company has already raised USD 425 million or Rs 3,400 crore for the third
Greenwashing enters a trillion debt market, derailing climate goals. Fashion giant Chanel, known for its iconic perfume and tweed suits, keeps up to date with changing tastes.
Edelweiss raises 5 mn for 3rd special situation fund, seeks bn corpus. Company says it has investment commitment from insurance companies, pension funds, high net worth individuals
Bessemer Venture leads .5 mn seed round for SaaS billing start-up Zenskar. Zenskar's flexible billing platform enables SaaS firms to handle usage-based pricing, subscriptions, nuanced discounts, credits, custom currencies, prepaid, post-paid, and ramp deals
Lupin gets USFDA nod to market generic HIV drug Darunavir tablets. Drug firm Lupin on Tuesday said it has received an approval from the US health regulator to market Darunavir Tablets, used to treat Human Immunodeficiency Virus (HIV) infection, in the American market. The Mumbai-based company said it is the exclusive firs
Nestle to invest billion towards sustainable coffee farming plan. The new plan builds on a previous coffee-sustainability effort that started 12 years ago involving around 100,000 farmers; the goal is to double that in the coming years
Nokia to scale up mfg in India by 1.5x to support its 5G service rollout. The firm is supplying radio access networks to Ericsson and Reliance Jio for their 5G networks from its Chennai plant. Vodafone Idea is yet to finalise its contract as it awaits fresh funding
CEOs rethinking strategies to hire, retain talent: KPMG 2022 CEO Outlook. KPMG's latest poll asked more than 1,300 CEOs of the world's leading companies about their hiring plans and expectations
Indian refiners scout for oil deals ahead of EU ban on Russian crude:Report. Indian Oil Corp and Bharat Petroleum Corp are seeking term deals with countries, including the United States, industry sources said
Four Indian-Americans, including IndiGo's Gangwal, in Forbes 400 rich list. Indian-Americans Vinod Khosla, Romesh Wadhwani and Rakesh Gangwal made it to the Forbes 2022 list of 400 wealthiest Americans with Zscaler CEO Jay Chaudhry leading the pack
Ola Electric sets up experience centre in Chennai, eyes 200 by March 2023. Electric two-wheeler maker Ola Electric has set up its first experience centre in Chennai as part of a plan to set up 200 such facilities across the country by March 2023, the company said on Tuesday. People interested in electric vehicles would be encoura
Hindustan Zinc mined metal production marginally up at 255,000 tonnes in Q2. Vedanta group firm Hindustan Zinc's mined metal output rose by 3 per cent to 2,55,000 tonnes in the July-September quarter on the back of better grades and improved mill recoveries. The company's mined metal production was at 2,48,000 tonnes in the corresp
Jio to start beta trial of 5G services in four cities from Oct 5. Jio True 5G to be the world's advanced 5G service, says the telco while adding users will get unlimited 5G data with up to 1 Gbps-plus speeds
CCI gives conditional approval to Sony-Zee merger deal: Report. Competition Commission on Tuesday gave its conditional approval for the proposed merger between media groups Sony and Zee, according to sources. The approval has been given after the Competition Commission of India (CCI) accepted the voluntary remedies pro
India's offline market for smartphones grew 44% in H1 2022: Report. Sale of smartphones priced above Rs 20,000 has increased more than two-fold in five years
Gas price hike: Analysts say CNG prices may rise by at least Rs 8-12 per kg. The government last week raised the prices of gas produced from old fields, called APM gas, to .57 per million British thermal unit from .1
EESL successfully installs 3 mn smart meters in five states, one UT. State-owned Energy Efficiency Services Limited (EESL) on Monday announced it has installed over 30 lakh smart prepaid meters across five states and union territory Andaman and Nicobar under its Smart Meter National Programme. EESL has completed the install
Credit quality of companies strengthens in first half of FY23: Report. Carrying on with the momentum since early FY22, credit quality of corporates has strengthened further in the first half of the current fiscal with rating upgrades being more than three times that of downgrades, says Icra Ratings. Upgrades saw an 18 per cen
Airtel to finalise tariff for 5G services in a few days, executive says. Broader point is that tariff must rise and telco will be happy to take the lead, he adds
Motilal Oswal private equity arm raises Rs 4,500 cr for new platform. A private equity fund promoted by domestic brokerage Motilal Oswal on Monday announced that it has garnered commitments of Rs 4,500 crore for a new platform. The fund was raised primarily from high net-worth individuals and family offices by Motilal Oswal
Wipro, Infosys, TechM revoke offer letters given to freshers: Reports. Top IT and tech firms like Wipro, Infosys and Tech Mahindra have reportedly revoked offer letters given to students after delaying their joinings by nearly three-four months
Raghupati Singhania receives PHDCCI lifetime achievement award for 2022. The event felicitated industry stalwarts for transforming society, helping improve the community, setting entrepreneurship benchmarks, and demonstrating exemplary leadership qualities
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