NSE share market NEWS tomorrow (22 September, 2022). NSE stocks in NEWS (tomorrow)
NSE share market NEWS tomorrow (22 September, 2022). NSE stocks in NEWS (tomorrow) These are NSE stocks which will be in NEWS tomorrow as on 22 September 2022
Suzlon Energy was amongst the top gainers, currently trading at 9.60 in NSE with 5.941 times change in volumes and 12.281% change in price. Other gainers included Kpit Technologies with 10.917% price change and 6.978 times volumes, Abb Power with 5.855% price change and 2.729 times volumes, Computer Age with 5.205% price change and 7.278 times volumes, and Varun Beverages with 4.1% price change and 2.14 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.
Fortis Healthcare was amongst the top losers, currently trading at 265.55 in NSE with 19.642 times change in volumes and -14.71% change in price. Other losers included Sona Blw with -3.766% price change and 2.361 times volumes, Power Grid with -3.061% price change and 1.815 times volumes, Cg Power with -2.56% price change and 0.557 times volumes, and Max Healthcare with -2.457% price change and 0.887 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.
Air India signs deal with Willis Lease Finance to replace 34 old engines. Air India has 113 planes in its fleet currently. Its narrow-body fleet comprises 70 aircraft, of which 54 are in service
Fortis seeks legal advice after SC orders audit of its share sale to IHH. Fortis Healthcare on Thursday said it is seeking legal advice to decide its future course of action after the Supreme Court ordered a forensic audit of its share sale to Malaysia's IHH Healthcare. Similarly, IHH Healthcare also said it is awaiting the wri
Akasa Air grounds B737 Max aircraft after noticing engine fuel leak. Carrier operating with three planes, will source spare parts to repair the engine fuel pump
Swiggy, Zomato make it to top 10 global online food delivery firms: Report. Homegrown online food delivery platforms Zomato and Swiggy have made it to the list of the world's 'Top 10' e-commerce-based food delivery companies, says a new report
CESL floats tender for 5,690 electric buses as first tranche of NEBP. Convergence Energy Services Limited (CESL) on Thursday announced floating a tender for deployment of 5,690 electric buses. This is the first tender under the National Electric Bus Programme which aims to effect the deployment of 50,000 e-buses across the c
Exide's Li-ion cell plant in Karnataka to be ready in 27-30 months. Lead-acid battery major Exide Industries on Thursday said the first phase of its 6Gwh lithium-ion battery plant in Karnataka will be ready in 27-30 months, and it has lined up Rs 3,800-4,000 crore investment to execute the project. The project, spread over
Torrent group to make Rs 2,900-cr bid for Reliance Nippon Life Insurance. Reliance Capital is undergoing a bankruptcy process and the administrator had sought offers for the entire company and for its various business clusters
'Can't outsource recovery agents': RBI cracks the whip on M&M Financial. This is probably the first time the regulator has cracked down on lenders on recovery by coercive methods, which is typically a hallmark of outsourced recovery agents
Accenture sees Q1 revenue below estimates due to currency volatility. For the full year, the company reported revenue of .6 billion an increase of 22 per cent in the US dollar terms
Visteon to come up new mfg unit in India; sets sight on West and North. This is in addition to the expansion plans at its existing manufacturing unit in Chennai
Hero MotoCorp hikes 2-wheeler prices by up to Rs 1k to offset rising costs. Hero MotoCorp on Thursday said it has increased prices of its two-wheelers by up to Rs 1,000 to partially offset the impact of cost inflation. In a regulatory filing, the company said, it has made an upward revision in the ex-showroom prices of its motorcy
Singtel arm sells 1.59% stake in Bharti Airtel for Rs 7,261 crore. Pastel Ltd, an entity of Singtel, on Thursday divested 1.59 per cent stake in Bharti Airtel for Rs 7,261 crore through an open market transaction. The stake has been picked by Bharti Airtel's promoter Bharti Telecom Ltd, as per block deal data with the Nat
TCS asks employees to work in office for at least three days a week. We are moving in a phased manner to get our associates back to office. This is in line with our vision to transition to 25*25 model: TCS spokesperson
ED freezes Rs 2,747 cr worth of assets of ABG Shipyard in bank fraud case. The ED case has been filed under various Sections of the Prevention of Money Laundering Act (PMLA) after the investigators studied the CBI complaint and the forensic audit report
Two firms can face IBC proceedings if both are corporate debtors: SC. The Supreme Court on Thursday said if two corporate bodies fall within the ambit of corporate debtors, there is no reason why insolvency proceedings cannot be initiated against both under the IBC. Section 7 of the Insolvency and Bankruptcy Code (IBC) deals
WhatsApp Pay India head Manesh Mahatme quits, likely to return to Amazon. Mahatme played a role in helping WhatsApp to win regulatory approval to more than double the number of users of its payments service in India to 100 million
Can Roche stay ahead of the competition in the next 125 years?. Pharma giant Roche believes, its ability to reinvent itself through innovation was behind its success. Business Standard's Sohini Das and Nivedita Mookerji spoke to the members of its founding family
World's second-biggest fortune fails to halt rout in bonds of Adani firms. Stocks of firms in Gautam Adani's business empire -- spanning ports to gas distribution and coal mining -- have jumped in part on soaring energy prices
From Windsors to Kochs and Tatas, 5 rules for family businesses to thrive. Family companies are repositories of family traditions and family loyalties
Singh brothers awarded 6 months jail term in Fortis-Daiichi Sankyo case. Former Ranbaxy promoters Malvinder Singh and Shivinder Singh are accused of concealing information about wrongdoing at Ranbaxy during its sale of a majority stake to Daiichi Sanyo, in 2008
TerraPay, NPCI collaborate for merchant payments via UPI-enabled QR codes. / -- In a strategic move to further strengthen its cross-border payment solutions, TerraPay, a leading global payments infrastructure group today announced its partnership with NPCI International Payments Limited (NIPL), the International arm of National P
SpiceJet says will hike salaries of senior pilots by 20% from October. The carrier earlier this week sent 80 pilots on leave without pay for three months to save costs
Crypto tax reporting app Binocs raises mn in seed funding for expansion. Company enables crypto investors to manage accounting and compliance to local laws
IGGL gains 42.94% physical progress, Rs 1556.46 crore capital expenditure. The Indradhanush Gas Grid Limited (IGGL), joint venture of five oil and gas public sector undertakings, has achieved a physical progress of 42.94 per cent and a capital expenditure of Rs 1556.46 crore for the 2021-22 financial year, according to a company
Air India extends validity of frequent flyer points till March 31, 2023. Air India has extended the validity benefits under Flying Returns, the airline's 'Frequent Flyer' programme, till March 31, 2023
Sula Vineyards eyes double-digit revenue growth in next five years. The company has filed its draft prospectus with Sebi and is awaiting approval for its IPO
Whirlpool India expects washing machine market to see double-digit growth. Consumer durables maker Whirlpool of India on Thursday said it expects domestic washing machines market to grow in double digits in the next 2-3 years with a rise in demand for mid and premium products. However, the company's entry level segment is struggl
ABG Shipyard: ED attaches assets worth Rs 2,747 cr in money laundering case. The ED on Thursday said it has attached dockyards, agricultural lands, commercial properties and bank deposits worth more than Rs 2,747 crore as part of an alleged bank loan fraud linked money laundering investigation against ABG Shipyard Ltd, its group co
Ola Electric to foray into international markets starting with Nepal. Ola Electric on Thursday said it plans to foray into the international markets starting with Nepal. The company said it has signed a memorandum of understanding with CG Motors in Nepal partnering them as local distributors for its Ola S1 scooters (S1 & S1
WhatsApp Pay India head Manesh Mahatme quits, joins Amazon: Report. Mahatme's exit comes at a critical time for Whatsapp, which is seeking to ramp up its payments service in a highly competitive market
IndiGo starts direct flights between Mumbai and Ras Al-Khaimah in UAE. IndiGo, India's leading carrier, has started new daily direct flights between Mumbai and Ras Al-Khaimah (United Arab Emirates) from Thursday
Top headlines: Fortis shares tank on SC verdict; Rupee hits new low. The rupee closed at a record low of 80.86 to the dollar, down from 79.9750 in the previous session
Ford India reaches severance package settlement with employee union. Ford India, the subsidiary of United States-based automaker Ford on Thursday said it has arrived at a settlement with the employees union on the severance package following the company's decision to shut its Tamil Nadu plant as part of a restructuring exer
Future Enterprises receives three months extension for holding AGM. Future Enterprises has received a three-month extension from the Registrar of Companies for holding its annual general meeting, a regulatory filing by the debt-ridden firm said. The Registrar of Companies, Mumbai, through a letter dated September 21, 2022,
Salesforce plans to focus on India from revenue, talent perspective. US cloud-based service provider Salesforce has a big focus on India from a revenue and talent perspective, its executive vice president of real estate and workplace services Relina Bulchandani said on Thursday. According to Bulchandani, the future is incre
Gorakhpur receives Pepsico greenfield project worth Rs 1,000-crore. GIDA will allot 45 acres to the company for the plant, which will generate about 1,500 jobs
SoftBank cuts valuation of IPO-bound Oyo by 20% to .7 bn: Report. 'We are confident that the speculations about valuation markdown are patently incorrect,' an OYO spokesperson said in a statement
Whirlpool India expects to grow ahead of industry in festival season: Exec. Consumer durables industry coming back in terms after the setback of pandemic, says Vishal Bhola
'Tatas evaluating options to consolidate AirAsia India, Vistara under AI'. The Tata Group has started an exercise to evaluate options to consolidate AirAsia India and Vistara under Air India to bring operational synergies among the three airlines under its umbrella, sources said. Air India, which the group had taken control of in
Volvo India sees electric cars contributing to 80% of total sales by 2025. Volvo's EV plans are in line with its global strategy of transitioning into a pure electric car company by 2030
'Abundant caution': Regulator extends cap on SpiceJet flights till Oct 29. Airline will have to demonstrate that it has the resources to fly more planes and it will continue under DGCA's 'enhanced surveillance'
Sula Vineyards eyes double-digit revenue growth in next five years. The company has filed its draft prospectus with Sebi and is awaiting approval for its IPO
Biological E's Mahima Datla richest woman in AP, Telangana: Report. With a wealth of Rs 8,700 crore, Mahima Datla and family, promoter of Biological E Ltd is the richest woman in Andhra Pradesh and Telangana to feature in the IIFL Wealth Hurun India Rich List 2022. She is in the 10th position when it comes to overall list
India's rich club grows to 1,103; Zepto's Kaivalya youngest in Hurun list. More than 82% of the billionaires on the list are above the age of 50, and only 0.6 per cent of the rich in the list are below the age of 30, said the Hurun India study
Even foreign nationals have right to personal liberty: Huawei chief to HC. Court permits Xiongwei Li to travel abroad after providing a FDR of Rs 5 crore
Ford India, Unions reach final severance deal for Chennai unit employees. Company will revise final severance pay to 140 days of gross wages per completed year of service, compared with 130 days earlier. A one-time lump sum of Rs 1,50,000 will be paid as well
Amazon draws roadmap for 100% dependence on renewable energy by 2025. Amazon also announced it was expanding its renewable energy portfolio globally, with an additional 2.7 gigawatt (Gw) of clean energy capacity across 71 new renewable energy projects
Food, song, wellness sessions: Mega sale war games at Amazon, Flipkart HQs. E-commerce retailers are expected to garner sales of .8 bn this festive season, more than twice the pre-pandemic figure of bn in 2019
Reliance Brands in advanced talks to acquire Sephora's India rights. Reliance Brands also recently forayed into food and beverages retail space by entering into a long-term franchise partnership with Pret A Manger - a global fresh food and organic coffee chain
Future Enterprises defaults on Rs 15.73 crore interest payment for NCDs. Debt-ridden Future Enterprises Ltd (FEL) on Wednesday said it has defaulted on payment of interest on non-convertible debentures totalling Rs 15.73 crore. The due date for payment was September 20, 2022, said a regulatory filing from FEL. "The Company is u
Moonlighting gets 300 employees at Wipro the pink slip: Rishad Premji. Rishad Premji says moonlighting is a 'complete violation of integrity in its deepest form'
Meesho announces 11-day reset-and-recharge break for staff mental wellness. At a time when burnout and anxiety have become key concerns for today's workforce, Meesho said the move will show the way for other firms to adopt such employee-first practices
Can Fin Homes to let Kousgi go Oct 20, may ask headhunter to find successor. Stock under pressure for third day on the trot, sheds 2.34% to close at Rs 552.15 a share on BSE on Wednesday
NCLT directs to initiate insolvency proceedings against realty firm Ajnara. The National Company Law Tribunal (NCLT) has directed to initiate insolvency proceedings against Ajnara Ltd and appointed an interim resolution professional for the NCR-based real estate developer. A two-member New Delhi-based bench held the insolvency pet
India sets up export promotion council for medical devices under DoP. India currently exports Rs. 23,766 crore (2021-22) of medical devices up from previous year Rs 19,736 crore
Kuku FM raises .8 mn series B1 funding from Fundamentum Partnership. Funds will be used to expand Kuku FM's catalogue, strengthen its content creation ecosystem and offer more language choices to listeners, focusing on the 'Bharat' audience
What is the significance of Apple's 'Make in India' push?. Erratic lockdowns in China have forced manufacturers to explore alternatives. One beneficiary has been India, where Apple is expanding iPhone making capacity. What does it mean for the US tech giant?
Top Headlines: Byju's focus on profit; YES Bank sells stressed loans. After reporting a loss of Rs 4,588 crore in 2021 fiscal, Byju Raveendran, the founder and CEO of the world's most valuable edtech firm Byju's, has told employees
Renewable Energy Development Agency to issue tenor bonds to raise Rs 400 cr. The state-run company has invited coupon and commitment bids from bankers and investors on Friday
Adani Group to foray into steel sector, eyes RINL bidding in January 2023. After an entry into the cement sector by acquiring Ambuja Cement and ACC, Adani Group is now eyeing the steel sector with a focus on green energy
NCLT adjourns Bajaj Hindusthan bankruptcy petition to December 7. In an order dated September 14, the NCLT asked Bajaj Hindusthan to file a reply to the SBI petition in three weeks
United Airlines cancels 18 flights, grounds 25 planes on missed inspection. United Airlines cancelled about 18 flights this week when it realised that some of its Boeing 777-200 planes had not undergone required inspections of the front edges of the wings. The airline cancelled flights on Monday night and Tuesday morning, and said
IVCA forms new VC Council, Sequoia India MD Rajan Anandan named chairman. The council was formed to strengthen governance practices for VCs and start-ups and continue working with govt and its agencies to improve the environment for venture capital in India
Wipro fired 300 staff found working with rivals at same time: Rishad Premji. Wipro Chairman Rishad Premji on Wednesday said the company had found its 300 employees worked with one of its competitors at the same time, and added that action was taken in such cases by terminating their services. Premji asserted that he stands by his r
DGCA orders SpiceJet to continue operating at 50% capacity till Oct 29. The Gurugram-headquartered budget carrier has been facing acute liquidity crunch for quite some time
Zepto's Kaivalya Vohra: Youngest Indian with net worth above Rs 1,000 crore. Vohra stood at the 1,036th spot in the IIFL Wealth Hurun India Rich List 2022, with a net worth of Rs 1,000 crore
Fintech firm udaanCapital says it enabled Rs 2,200 cr credit to retailers. Company says 'working capital availability in the country is huge as small businesses adopt digital payments
Adani Ports secures Rs 25,000-cr port project in West Bengal. The state government expects to create 25,000 direct jobs and over 100,000 indirect jobs through this port
Govt forms 5-member committee to review pharma marketing practices. It will recommend 'legally enforceable mechanisms', is expected to give a report in 90 days
Reliance Retail in talks to get rights for beauty retailer Sephora: Report. The move could result in Sephora's operations transfer from Arvind Fashions Ltd, according to the report
Amazon drives renewable energy push with 71 new projects. The new projects include three large-scale plants in Rajasthan with a capacity of 420 megawatts, rooftop solar projects in France and Austria, and its first solar farm in Poland
Top headlines: DGCA extends curbs on SpiceJet; Wipro fires 300 employees. The Cabinet on Wednesday approved the national logistics policy, which aims at reducing transportation cost and improve global performance of the sector.
Ola Electric plans to hire 3K to focus on non-software engineering domains. Ola Electric is cutting 200 jobs, mostly in software development roles, as part of a restructuring exercise while it plans to hire around 3,000 to focus on non-software engineering domains. The company, which sells electric scooters, said it has been incre
35 firms submit applications under PLI scheme for specialty Steel: Scindia. As many as 35 companies have submitted 79 applications under the PLI scheme for specialty steel, Union Minister of Steel Jyotiraditya Scindia said on Tuesday. The minister shared the information while speaking at the 'National Management Convention' organi
OYO working on 'green tag' for sustainable hotels on its platform: CEO. Hospitality and travel-tech firm OYO is currently working towards bringing a 'green tag' for sustainable hotels listed on its platform, CEO Ankit Gupta said on Tuesday. The 'green tag' will be assigned to hotels that are eco-friendly in terms of features l
ONDC and UPI together will reorder India's supply chain: Nandan Nilekani. Speaking at the Global Fintech Fest 2022, he said the supply chain will become far more efficient and will help reach products and services to everyone much more easily
Can Fin Homes stock under pressure second day in row, sheds 4% on BSE. No word yet on successor to MD & CEO Girish Kousgi, who resigned on Monday
Byju's focusing on profitable growth, bn revenue in sight: CEO to staff. Asserts that FY22, the year in which the edtech firm incurred a Rs 4,588 cr loss, was the company's best so far and that 2022-23 is set to be even stronger
NDTV promoters move Supreme Court against SAT order. This, despite the tribunal reducing the penalty imposed by Sebi from Rs 25 crore to Rs 5 crore.
M&M to acquire Swaraj Engines' 17.41% stake from Kirloskar Industries. Mahindra & Mahindra(M&M) Ltd on Tuesday said it will acquire an additional 17.41 per cent stake in Swaraj Engines Ltd from Kirloskar Industries Ltd (KIL) for Rs 296 crore. The acquisition will result in increasing the company's stake in Swaraj Engines Ltd
Air India Express incurs net loss for the first time in seven years. Before FY22, Air India Express was in the red in FY15, when it posted a net loss of Rs 61 crore
Meta partners with Salesforce, to offer WhatsApp biz messaging services. The announcement comes days after Reliance JioMart partnered with Meta to sell groceries on WhatsApp chat
CBI books Rotomac Global in fresh case of Rs 93 crore bank fraud. The CBI on Tuesday registered a fresh FIR against Kanpur-based Rotomac Global for allegedly cheating Punjab National Bank to the tune of over Rs 93 crore through loan default, officials said. The central agency has also named the company's directors Rahul
Does new logistics policy make related-stocks a favourable bet?. Logistics stocks traded mixed on Monday after the govt announced National Logistics Policy. It aims to integrate and develop a technologically-enabled logistics ecosystem in India. Here's a report
Is the govt going slow on privatisation?. Barring Air India, the govt has made little progress on the disinvestment front. But, why? This report offers a peek into the government's disinvestment drive and tells why it is in the slow lane?
After Amazon, Apollo Global wades into India's corporate governance jungle. After Amazon.com Inc., it's the turn of Apollo Global Management Inc. to wade into the jungle that's corporate governance in India
Fiat Chrysler likely to block US sales of Mahindra 4x4s in trademark case. (Reuters) - Fiat Chrysler on Monday received a second chance to permanently block U.S. sales of redesigned Roxor off-road vehicles made by Indian carmaker Mahindra & Mahindra Ltd, which is fighting claims that it copied Fiat Chrysler's Jeep design.
Telcos want seven sections of the Telegraph Act 1885 repealed or modified. Technology has made some sections irrelevant while others need strengthening for the modern age, telcos have argued through their apex body, COAI
Insurtech platform Zopper raises million; plans global expansion. Insurtech platform Zopper said it has raised million in its Series C funding, led by Creaegis with participation from ICICI Venture and Bessemer Venture Partners
Machine learning developer TrueFoundry raises .3 mn in seed funding. Company will use financing to expand technology team and for product development
Vikram Solar bags order from US-based firm for 350 MW project in Arizona. Solar energy solutions provider Vikram Solar on Tuesday said it has bagged an order from a US- company for a 350 MW power project. The order is for supplying solar modules for the project that will be located at Arizona in the US, a company statement said.
Mother Dairy expecting 20% revenue growth in FY23 to Rs 15,000 cr. Delhi-NCR's leading milk supplier Mother Dairy is expecting 20 per cent growth in turnover this fiscal year to about Rs 15,000 crore on better demand for products, its MD Manish Bandlish said. The turnover of Mother Dairy, which also sells edible oils and
KKR, Hero Group to invest 0 mn in Hero Future Energies. Founded in 2012, Hero Future Energies is a leading independent power producer in India with a diversified portfolio of 1.6 GW of operating solar and wind projects
Govt orders and private capex fuel KEC International's order book. The company reported Rs 23,716 crore of order book value in the fiscal year ended March 22, up 18 per cent over the previous year, and plans to bid for orders worth Rs 1.1 trillion are in the pipeline
Winzo sues Google to stop new gaming policy, calls it discriminatory. Online gaming platform Winzo has sued Google to stop the tech giant from allowing real-money games for fantasy sports and rummy on its platform
Shree Renuka Sugars to nearly double ethanol capacity; to invest Rs 700 cr. The 20% ethanol blending target has seen sugar sector majors betting on expanding the ethanol capacity; the sector could see an investment of about Rs 10,000 crore in the years ahead
Supreme Court to hear Amazon's appeal against NCLAT order on October 11. CCI had suspended the 2019 investment deal between Amazon and Future group firm (Future Coupons) and NCLAT had upheld CCI's decision
Indian cos leading global fight against climate change: Mahindra Group MD. India can take the lead in the global fight against climate change as a number of homegrown companies are already leading the march, Mahindra Group MD & CEO, Anish Shah said on Tuesday. Global warming has resulted in a number of natural disasters and if it
Mohandas Pai slams OYO over 'fake accounting', hospitality major replies. The allegations came after Oyo filed an addendum to its earlier submitted draft red herring prospectus (DRHP), filed in October 2021 for its IPO, to the Securities and Exchange Board of India (SEBI)
BYJU's is a blockbuster like 'Brahmastra': Co-founder Divya Gokulnath. Gokulnath says media reports on FY21 financials were misleading
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