NSE share market NEWS tomorrow (29 September, 2022). NSE stocks in NEWS (tomorrow)
NSE share market NEWS tomorrow (29 September, 2022). NSE stocks in NEWS (tomorrow) These are NSE stocks which will be in NEWS tomorrow as on 29 September 2022
Mazagon Dock was amongst the top gainers, currently trading at 461.85 in NSE with 4.748 times change in volumes and 7.72% change in price. Other gainers included Bharat Dynamics with 5.389% price change and 1.884 times volumes, Bank India with 4.555% price change and 1.511 times volumes, Suzlon Energy with 4.321% price change and 1.259 times volumes, and Prestige Estates with 4.287% price change and 1.645 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.
Idea Cellular was amongst the top losers, currently trading at 8.50 in NSE with 1.491 times change in volumes and -5.556% change in price. Other losers included Asian Paints with -5.205% price change and 1.424 times volumes, Coforge with -2.508% price change and 0.915 times volumes, Pidilite Industries with -2.367% price change and 0.836 times volumes, and Lupin with -2.298% price change and 3.78 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.
Apeejay Surrendra raises Rs 300 cr for logistics, industrial parks biz. The Apeejay Surrendra Group on Thursday said it has raised Rs 300 crore through issuance of debentures for expansion of its logistics and industrial parks business. In a statement, the company said the Rs 300 crore fund has been raised through the Non-Conv
Digital gold firm SafeGold plans metal leasing for India's jewellers. Small, often family-run businesses account for about 65% of the world's second biggest jewellery market, the WGC said in a report Wednesday
Reliance Retail's fashion-lifestyle store AZORTE to take on Zara, Mango. The company plans to ramp up the store presence across key markets over the coming months
CCI approves acquisitions of Diliigent Power and DB Power by Adani Power. Fair trade regulator Competition Commission of India (CCI) on Thursday approved the acquisition of 100 per cent equity of Diliigent Power and DB Power by Adani Power Ltd. The proposed combination relates to the acquisition of the 100 per cent of the share
Residential launches see 61% growth in Q3, says PropTiger report. Despite the slight increase in overall interest rates, the demand for housing has not dipped.
Lupin gets warning letter from USFDA for Tarapur API plant in Maharashtra. Drug firm Lupin on Thursday said it has received a warning letter from the US health regulator for its Tarapur-based manufacturing facility in Maharashtra. The US Food and Drug Administration (USFDA) inspected the site from March 22, 2022 to April 4, 2022.
Hero MotoCorp to invest mn in Zero Motorcycles to develop e-bikes. Hero MotoCorp on Thursday said it will invest USD 60 million (about Rs 490 crore) in US-based Zero Motorcycles to jointly develop electric motorcycles. The country's largest two-wheeler maker said it is finalising a collaboration agreement with the Califor
LIC stake in speciality chemical firm Deepak Nitrite rises over 5%. Life Insurance Corporation on Thursday announced buying additional stake in speciality chemicals maker Deepak Nitrite to take its overall shareholding in the company to over 5 per cent. The Corporation's shareholding in Deepak Nitrite has increased from 67
80% of IT employees need better reason to go to office, says report. Several companies, the report claims, have introduced higher variable pay and employee engagement budgets while cutting down the internet allowance to make employees return to the office
CCI clears acquisition of Essar Group assets by ArcelorMittal Nippon Steel. The Competition Commission of India on Thursday approved acquisition of assets of Essar Group by ArcelorMittal Nippon Steel India Ltd.
ASCI appoints N S Rajan as next chairman; Saugata Gupta new V-C. The outgoing chairman, Subhash Kamath, will be a part of the Consultative Committee of the board, which, among other activities, mentors the new initiatives of the organisation
SoftBank-backed Meesho records nearly 68% jump in festival sales. Customers placed a record of about 33.4 million orders during the mega sale with nearly 60 per cent of all orders coming from tier 4+ cities.
Indian Oil Corporation sets up new unit for treasury operations. India's top refiner Indian Oil Corp has set up a subsidiary to pool the funds of its overseas units in order to meet capital and trade finance needs, it said in a statement on Thursday
Companies can now register themselves as insolvency professionals. Earlier, the regulations only allowed the IPEs to provide support services to insolvency professionals
Many IT professionals may not return to the sector in future: Report. Retaining a business-critical talent has undergone a great change in the last two years, especially in the IT sector, with a significant percentage of the professionals considering not returning to the sector in the future, according to a report. According
Adani Ports incorporates arm for trading in aviation-related fuels. Adani Ports and Special Economic Zone (APSEZ) on Thursday said it has incorporated a wholly-owned subsidiary Adani Aviation Fuels Limited (AAFL) to carry on the business of sourcing, transporting, supplying and trading of aviation related fuels. APSEZ in B
ArcelorMittal Nippon Steel India joins race to buy Srei group firms. Sources close to the development said whether new participants who were not part of the original list of EOI would be allowed will have to be evaluated
Top 20% of Urban Company partners earned Rs 42,000 per month in Q2. According to the H1 2022 Urban Company Earnings Index, UC Partners who completed over 30 orders in a month earned over Rs 32,000 per month in Q2 2022
Udaan to provide medicine delivery to pharmacies every 4-hour. As part of the new service offering, Udaan will provide medicine delivery to pharmacies every 4-hour with 4 delivery slot options in a day to order medicines across six cities
Air India halves discount on basic fares for senior citizens, students. Tata Group-owned full-service carrier Air India has reduced by half the discount offered on basic fares to senior citizens and students in the economy class on its flights, according to its website. The revised discount on basic fares is effective from Sep
IndiGo inducts first freighter aircraft, converted from a passenger plane. No-frills carrier IndiGo on Thursday announced the induction of its first freighter aircraft, converted from a passenger plane. The airline is already a market leader in the domestic passenger segment in the country with a fleet of over 275 aircraft, opera
BharatPe's PoS vertical turns profitable within 2 years of launch. BharatPe is the No. 2 private POS player in the country with an installed base of close to 2 lakh machines across more than 250 cities in the country, the firm said in a statement
Venture Catalysts-backed Elev8 announces 0 mn fund to invest in startups. Venture Catalysts-backed Elev8 Venture Partners on Thursday announced the launch of a USD 200 million fund to invest in tech companies. The fund intends to invest in growth-stage, technology-driven companies in Series B and C rounds, an official statement
New LML not primarily focused on price and range: MD Yogesh Bhatia. 'The company is targeting to earn Rs 300 crore revenue in the first year after launching the first vehicle'
Adani Enterprises' stock falls 2.6% ahead of Nifty50 debut. The company was also in focus after it said it was considering increasing its public float
TotalEnergies may trim stake in Adani Green to cash in on valuation jump. The French energy giant bought 20% of Adani Green in 2021 for billion, building on a series of previous deals with Indian billionaire Gautam Adani.
Total CEO pushes spending on renewable energy amid global energy crisis. The French oil major is increasing spending on renewable energy and on reducing its emissions next year to 33% of annual capital expenditure, compared with 25% going into clean power this year
Can Reliance repeat its brick-and-mortar success in e-commerce?. Reliance JioMart is trying to catch up with Amazon and Walmart. This festival season, it started a digital push for all shopping needs. Can Reliance repeat its brick-and-mortar success in e-commerce?
Is Oracle Corporation in trouble in India?. Oracle is accused of bribing govt officials in India, Turkey and UAE to grab business contracts. While multinationals are held accountable such violations in the US, does the same happen in India?
Rakuten Medical trying to commercialise novel cancer therapy in India. India accounts for around 26 percent of all head and neck cancer cases globally
IT giant HCL acquires majority stake in vernacular edtech platform GUVI. IT major HCL said it has acquired a majority stake in vernacular edtech platform GUVI -- one of the few companies in India to partner with Elon Musk's 'OpenAI' initiative -- for an undisclosed sum
SBI files 'insolvency petition' against Jaiprakash Associates in NCLT. JAL is involved in cement manufacturing, engineering and construction, expressways, real estate, hospitalities, wind/thermal power plants at various locations all over India.
NHAI's InvIT plans to raise Rs 2,000 cr to acquire road assets: Report. The Infrastructure Investment Trust (InvIT) is planning to raise Rs 2,000 crore from investors to acquire two to three road assests from its parent firm
9 in 10 Indian leaders question employees' productivity in hybrid work. At least 91 per cent of leaders feel the shift to hybrid work has made it challenging to have confidence in employees being productive, a Microsoft study
Reliance's retail unit launches its first in-house fashion store Azorte. Reliance Industries Ltd's retail unit launched its first in-house premium fashion and lifestyle store, as the billionaire Mukesh Ambani-led company continues to enter India's luxury market
Need a better reason to come to office, 80% of Indian employees say: Report. According to the 2022 Work Trend Index Pulse Report conducted by Microsoft, 91 per cent of the employees want to go to the office on the prospect of socialising with their co-workers
TVS Motor signs MoU with FCDO to offer Chevening Scholarships for students. Two and three-wheeler major TVS Motor Company has signed a memorandum of understanding with The Foreign, Commonwealth and Development Office to offer Chevening TVS Motor Company Scholarships to candidates who show great potential to become decision-makers,
Adani Enterprises secures funds to build Ganga Expressway at Rs 23,000 cr. The company has secured debt worth Rs 10,238 crore and will make a capital infusion of Rs 6,826 crore
Udaan starts multiple deliveries per day for pharmacies in six cities. Softbank-backed B2B e-commerce firm Udaan has started delivering stocks to pharmacies four times a day across six cities and plans to scale up the service to other places after six to eight months, the company said on Thursday. The 4X4 delivery service' ha
Amazon partners with govt to provide jobs to people with disabilities. The tripartite agreement between DePwD, SCPwD and Amazon focuses on skilling, certification, and entrepreneurship designed to uniquely enable and position PwD participation in mainstream society
JioPhone 5G price leak stirs controversy, research firm clarifies. Leading market research firm Counterpoint Research has refuted certain reports that used its findings to convey that Reliance Jio is set to launch the 5G version of its Next affordable smartphone
Marriott expects to have around 200 properties in India by 2025: Official. Global hospitality chain Marriott expects to have around 200 properties in India by 2025 tapping on the growth in smaller cities in the country, Marriott Hotels India - Area Vice-President South Asia, Ranju Alex said on Thursday. There is a huge amount of
Adani Green commissions largest 600 MW wind-solar plant in Rajasthan. Adani Green Energy Ltd (AGEL) on Thursday said it has commissioned the world's largest wind-solar power plant of 600 MW capacity in Jaisalmer, Rajasthan. The plant has a power purchase agreement with Solar Energy Corporation of India (SECI) at Rs 2.69/kwh
Productivity 'hyper focus' hurting employees, causing attrition: Report. Only 9% of managers say hybrid work model gives them confidence that employees are productive
Krsnaa Diagnostics enters B2C segment with chain of 600 diagnostic centres. Mainly a PPP and B2B player, the Pune-based chain offers disruptive pricing
Suzlon Energy rights issue of Rs 1,200 crore to open on October 11. Suzlon Energy on Wednesday announced opening of its Rs 1,200 crore rights issue on October 11, 2022. "Suzlon Energy Ltd announces the opening of its Rs 1,200 crore rights issue on October 11, 2022," a company statement said. According to the statement, the
Silicon Laboratories opens new unit in Hyderabad, plans to triple workforce. The new facility would be the largest global centre for Silicon Lab's engineering and wireless connectivity innovation
Jio Telecom head Akash Ambani on Time's 100 emerging leaders' list. Akash Ambani, son of billionaire Mukesh Ambani and head of India's largest telecom firm Jio, has been named in the Time100 Next -- the magazine's list of world's rising stars. He is the only Indian on the list. There is, however, another Indian-born Americ
Airtel Payments Bank to install 150,000 micro ATMs this fiscal year. Airtel Payments Bank has started rolling out 1.5 lakh micro ATMS in a phased manner across tier 2 cities and semi-urban regions to facilitate cash withdrawal for its customers, the company said on Wednesday. The Bank will gradually expand its service to co
Govt stops sale of Central Electronics to Nandal Finance over legal issue. The case pending against Nandal Finance is a winding up petition filed by RoC over allegations of money laundering
Patanjali Foods plans to build export portfolio of FMCG, health products. Firm to focus on new launches with high margins and high growth
CRED, upGrad, Groww on LinkedIn's 'Top Startups in India' list. Unified payment interface CRED, online higher education firm upGrad and investment platform Groww have topped the LinkedIn 'Top Startups List' for this year. CRED valued at USD 6.4 billion, topped the list of startups, followed by upGrad and Groww in the s
Covid-19 behind, M&E sector navigates the future at Ficci Frames 2022. Back after a two-year hiatus, the summit deliberated on key issues plaguing the sector
Zee Media moves Delhi High Court against I&B Ministry on Ku-Band issue. I&B Ministry had asked Zee Media to remove its ten regional news channels from the Ku-Band (a form of satellite frequency) on the GSAT-15 Satellite, that was making these accessible on DD Freedish
SAIL records turnover of over Rs 1 trn in FY22, posts 50% rise. The increase in turnover coupled with improved operational performance, helped the company achieve its highest-ever numbers in terms of profitability: Chairperson
Aircraft leasing at GIFT city won't flourish unless banks step up: Vistara. Indian banks underwent immense pain in the past decade because of the Indian aviation sector
India's Li-ion battery demand to grow to 70 GWh by 2030, says report. The Indian EV industry suffers from overdependence on imports, limited local manufacturing, finite access to raw materials, and refining capacities
Nikhil Kamath tops Hurun's under 40 rich list, Ola CEO in 2nd spot. Kamath is followed by Bhavish Aggarwal of Ola Electric with a wealth of Rs 11,700 crore
Cloudtail reports net loss of Rs 522 cr in FY22, revenue rises 15%. The e-commerce firm's revenue grew 15% to Rs 19,090 cr in FY22
Hindustan Copper shareholders approve 23.2% dividend for FY22. Shareholders of state-owned Hindustan Copper Ltd (HCL) on Wednesday approved a 23.2 per cent dividend for the financial year ended in March 2022. The company would make a total dividend payout of Rs 112.17 crore as approved in the 55th Annual General Meeti
Zomato confident inter-city food delivery will be profitable with scale. According to the firm, scaling up Intercity Legends to more cities will be incremental as demand increases.
What is driving consolidation at the Tata group?. The Tata group has 29 listed companies, over 60 unlisted and hundreds of subsidiaries across 10 verticals. Now, its chairman N Chandrasekaran wants consolidation to make the group efficient.
Hostile media bid shows how Asia's richest can align and dominate a sector. The NDTV acquisition, if successful, would make Adani and Ambani straight-up rivals in a sector for the first time, given Ambani's control of large media assets including news channels
India Inc seeks help from law firms to address moonlighting: Report. The companies want law firms to redraft employment agreements, find loopholes and enforce restrictions to address the issue of moonlighting
SEC fines Oracle mn for bribing officials in India, Turkey, and UAE. Oracle India's employees used "an excessive discount scheme" in connection with a transaction with a transportation company, says the SEC order
JSW Energy plans to raise .60 million through 3-year bonds: Report. India's JSW Energy plans to raise 2.50 billion rupees (.60 million) through sale of bonds maturing in three years, three merchant bankers said on Wednesday
Vi to lose access to towers if it fails to clear dues, says Indus Towers. Vodafone Idea's (Vi) total tower dues exceed Rs 10,000 crore. Out of this, Rs 7,000 crore is owed to Indus Towers alone
'Contrary to core values': Oracle reacts after SEC fine over slush funds. Indian employees of US tech giant used discount scheme in dealing with transportation firm owned by railways ministry: Regulator
CRED, upGrad, Groww claim top spots in LinkedIn's Indian startups ranking. Online professional network LinkedIn on Wednesday released a list of the top 25 start-ups in India that have shown resilience in an uncertain market environment, and are continuing to innovate in 2022. Topping this year's list is unified payments interface
World's biggest air-conditioner maker Daikin doubles down on India. Daikin Industries Ltd is betting that sales and production in India will eventually make up a bigger part of the company as the nation outpaces global growth
Fly Blade to get Airbus helicopter; plans expanding services to 10 states. Urban air mobility company Fly Blade India P. Ltd. is likely to get one H125 helicopter from Airbus this October/November, said a top company official
HPCL-Mittal Energy to start 100,000-tpy bio-ethanol plant in 2023. HPCL-Mittal Energy Ltd will start up a bio-ethanol plant at its Bathinda refinery in northern India in 2023 as part of measures to reduce its carbon emission
Electronics Mart India IPO to open on Oct 4; price band at Rs 56-59/share. Consumer durables retail chain Electronics Mart India Ltd on Wednesday said it has fixed a price band of Rs 56-59 a share for its Rs 500 crore initial public offering (IPO). The initial share-sale will open for public subscription on October 4 and close on
Pharma industry says taking steps to check misuse of codeine drugs. Sales declining anyway and there is no need to ban because of alleged misuse, say experts
Dabur makes an entry into Rs 5,600-crore premium tea market with Vedic tea. Looks to get aggressive in segment dominated by Hindustan Unilever and Tata Tea
Pharma supply start-up Saveo Healthcare raises .5mn in venture round. Company founded by 4 IIT graduates will use money to expand its presence and for improving technology
Godi India manufactures super capacitors to improve battery life in EVs. Market for device that can store a large amount of energy is expected to be worth billion by 2030 globally
Zomato says confident of making profit from inter-city food delivery. Zomato said that its inter-city food delivery will start making profit even at "a slight scale" amid concerns of the service being a logistical nightmare and a high cash-burn model
Ambuja Cements pledges 50% share in ACC as collateral for loans. Ambuja Cements, now controlled by billionaire Gautam Adani-led Adani Group, on Wednesday said it has pledged 50.5 per cent shareholding in its subsidiary ACC Ltd as "collateral for loans taken by the company". The company pledged its total 9.39 crore share
YouTube Shorts opening door for mobile-first creators in India: Vidyasagar. YouTube Shorts has grown a community of more than 1.5 billion monthly logged-in users globally, generating 30 billion views per day, four times more than 1 year ago
Bayer launches novel heart failure drug Verquvo for Rs 127 a pill. In India there are between 8-10 million people with heart failure, making it one of the world's largest populations with the malady
Reliance Retail launches lifestyle departmental store format Centro. Will have over 300 Indian and International brands in categories such as apparels, footwear, cosmetics, lingerie, sportswear, luggage and accessories
63 moons to provide next-gen tech to Italian firm; eyes pan-European mkts. 63 moons technologies, formerly known as Financial Technologies, on Tuesday said it will provide next-generation technology solutions to Italy-based Spuma SRL as it targets pan-European markets. In addition, 63 moons said it will evaluate global giants in
LIC buys over 2% stake in Bharat Petroleum for nearly Rs 1,598 crore. LIC has acquired over a 2 per cent stake in state-owned refiner Bharat Petroleum Corporation Ltd (BPCL) for nearly Rs 1,598 crore since December last year. The state-owned life insurance behemoth in a regulatory filing on Tuesday said its shareholding in B
IHH in talks with Indian authorities over stalled open offer in Fortis. Malaysia's IHH Healthcare is in discussions with relevant authorities in India to determine the next step for its stalled open offer for an additional 26.1 per cent stake in Fortis Healthcare, according to a company statement. The Supreme Court had last we
Motovolt Mobility plans to invest Rs 200 crore next year for expansion. Electric two-wheeler maker Motovolt Mobility on Tuesday said it plans to invest Rs 200 crore next year on new products and to expand its manufacturing footprint and sales network. The company, which on Tuesday launched its electric bike URBN in two variant
True North acquires minority stake via own fund in Accion Group for mn. Accion Labs is focused on digital transformation in global enterprises and tech firms. It has more than 4,800 employees globally, spread over 20 locations
Birla Corp to invest bn over eight yrs, raise capacity to 30 mn tonnes. Current consolidated capacity is about 20 mn tonnes; mix of greenfield and brownfield projects, de-bottlenecking existing operations to help add another 10 mn tonnes
Battery manufacturers get more time to comply with additional safety norms. The government has deferred the implementation of additional provisions in the battery safety standards, which were to begin from October 1, to give manufacturers more time to comply with new norms, according to an official statement. The statement said n
Walmart on a drive to attract Indian sellers to its Canadian marketplace. The US retail giant operates more than 400 stores and is one of the largest online retailers and fastest growing marketplace platforms in Canada
EV battery makers get more time to comply with new safety norms. New standards now applicable in two phases --- December 2022 and March 2023
Swedish weapons giant Saab to build Carl-Gustaf M4 rocket launcher in India. Swedish weapons giant says legacy supply chain can switch to new product
Ontario Teachers' opens India office, hires Keki Mistry as advisor. The Mumbai office will target investments in India across all asset classes, including public and private equities, infrastructure, real estate, credit and venture and growth equity
E-com giants clock .5 billion in first four days of festival sales. For the first 4 days, an estimated Rs 11,000 crore worth of mobiles were sold from the large e-commerce players - In terms of units, 60-70 lakh mobiles were sold in the first 4 days
Piramal Finance MD sees no slowdown in credit growth despite rising rates. The company typically draws its customers from the self-employed category with a monthly take-home income of anywhere between 15,000 rupees (3.99) to 60,000 rupees
Stay committed to patients in India and Fortis Healthcare, says IHH. Taking legal advice on next steps to pursue open offer for 26% stake in Fortis
This is why Byju Raveendran's last 6 months were 'toughest', reveals wife. BYJU's Co-founder Divya Gokulnath revealed that last 6 months were super tough for her husband not only on professional front, but also in personal life as his father was fighting late-stage cancer
AMNS India to invest billion in downstream sector: Aditya Mittal. ArcelorMittal's arm AMNS India will invest USD 1 billion in the downstream sector, including in the expansion of its specialty steel portfolio, Aditya Mittal, Chairman of the Gujarat-based steel player, said on Tuesday. Mittal is also the CEO of parent com
Jet Airways take-off in coming weeks; in advanced talks for leasing planes. Jet Airways is in an advanced stage of talks with aircraft makers and lessors to lease planes and expects to restart operations in the coming weeks, according to executives at the airline. The once-storied carrier is now under the ownership of the Jalan-Ka
BigBasket to raise 0 million at a valuation of .5 billion: Report. The infusion of fresh capital comes at a time when the company is aiming to expand its core offerings to compete with competitors like Dunzo, Zepto, Swiggy Instamart and others
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