NSE share market NEWS tomorrow (21 September, 2022). NSE stocks in NEWS (tomorrow)
NSE share market NEWS tomorrow (21 September, 2022). NSE stocks in NEWS (tomorrow) These are NSE stocks which will be in NEWS tomorrow as on 21 September 2022
Kpit Technologies was amongst the top gainers, currently trading at 599.50 in NSE with 2.721 times change in volumes and 4.37% change in price. Other gainers included Britannia Industries with 3.152% price change and 2.233 times volumes, Cg Power with 3.052% price change and 0.733 times volumes, Yes Bank with 3.049% price change and 1.958 times volumes, and Iifl Holdings with 3.035% price change and 1.689 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.
Ambuja Cements was amongst the top losers, currently trading at 541.35 in NSE with 1.118 times change in volumes and -5.746% change in price. Other losers included Shree Cements with -5.244% price change and 2.297 times volumes, Adani Enterprises with -5.071% price change and 1.824 times volumes, Adani Ports with -3.85% price change and 1.748 times volumes, and Kei Industries with -3.501% price change and 1.011 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.
'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
Japan's Kirin in talks to triple investment in beer maker Bira: Report. Kirin, which first invested mn in Bira for an under 10% stake last year, is set to pump in the additional funds at an equity valuation of 0 mn, say sources
SpiceJet sends 80 pilots on leave without pay for three mths to prune costs. Loss making airline is currently operating less than half its flights, following a July 27 DGCA order brought on by a spate of incidents
Essar to invest bn in steel plant in Saudi Arabia in 3 years: Official. The Essar Group is looking to invest USD 4 billion in setting up an integrated flat steelworks plant in Saudi Arabia in the next three years, a senior company official said. The plant, which will cost Saudi Riyal 15 billion (USD 4 billion), is scheduled to
Working for 2 firms at same time goes against trust: Kris Gopalakrishnan. One has to be 'fully committed' to one organisation, says co-founder of Infosys
Adani Group pledges stake worth bn in ACC, Ambuja Cements. The pledge comes as the tycoon's ambitious dealmaking in an array of new sectors from green energy to media raises concerns over the high level of debt across the Adani group.
Top headlines: KKR to invest in Hero's RE arm; CEA pegs FY23 growth at 7%. SpiceJet has sent approximately 80 pilots on leave without pay for three months in order to rationalise its costs.
Hero Moto ties up with HPCL to set up electric two-wheeler charging infra. Hero MotoCorp on Tuesday said it has joined hands with Hindustan Petroleum Corporation Ltd to set up charging infrastructure for electric two-wheelers in the country. As a part of the initiative, the two companies will first establish charging infrastructu
KKR, Hero Group put 0 mn equity investment in Hero Future Energies. Hero Future Energies aims expansion in green hydrogen and battery storage
Insurtech start-up Zopper raises million in series C funding. Currently, there are 57 insurance companies in India- 24 in the life insurance sector and the others in non-life insurance businesses
Numaligarh Refinery to invest Rs 35,000 cr in major ongoing projects. The Numaligarh Refinery Ltd (NRL) has planned to invest Rs 35,000 crore for completion of its five major ongoing projects, including the India-Bangladesh Friendship Pipeline (IBFPL), in the next five years, a top company official said on Monday. The compan
Large-panel TVs' share has tripled in 5 years to over 40%: CRISIL report. Sharp 35-40% decline in prices over the past five years has been the key growth driver; other tailwinds include greater rising incomes, higher OTT consumption and deeper web penetration
Future Supply Chains calls off sale of warehouse assets over approval delay. Company will consider other opportunities for rehabilitation of business ops
CCI approves amalgamation of Jio Cinema OTT platform with Viacom18 Media. Fair-trade regulator Competition Commission of India (CCI) on Monday approved the proposed merger of Jio Cinema OTT with Viacom18 Media. In a tweet on Monday the CCI said it has approved amalgamation of the Jio Cinema OTT platform with Viacom18 Media, foll
Open source helped transform our tech landscape: NPCI App development head. Says it brought flexibility while reducing downtime, costs and dependence on third-party vendors
Can Fin Homes MD & CEO Girish Kousgi resigns citing personal reasons. Will continue to hold the position till the date of his relieving
Ola not obligated to deduct tax at source on payment to driver: ITAT. Tribunal says Ola is a mere intermediary; its role is limited to managing OLA app, facilitating transport services by the driver to the rider and payment collection via e-wallet on driver's behalf
West Bengal govt nod to Adani's Tajpur greenfield port development. APSEZ had emerged as the H1 bidder earlier this year, but the state government had not declared it
Reduced logistics expense under NLP to benefit customers: Flipkart. Increase in efficiency and reduction in logistics expenses with the newly-launched National Logistics Policy will benefit customers by making products available at lower cost, e-commerce company Flipkart said on Monday. Prime Minister Narendra Modi on Satu
Can Air India become the Maharaja of Indian skies again?. Air India has unveiled a five-year transformation plan that is expected to triple its domestic market share. So, can Air India become the 'Maharaja' of Indian skies again? Let us find out
Ambuja to become India's most profitable cement company: Gautam Adani. Adani said it's due to their unshakeable belief in the India story and conviction that India will be a -30 trillion economy by 2050
IRCTC set to enter payments sector, eyes aggregator license from RBI. At present, IRCTC already has I-PAY, its in-house payment gateway
Oyo reports its first EBITDA positive quarter, reduces FY22 losses. Hotel aggregator reports revenue of Rs 1,459.3 crore in FY22, growing 18% from last year
Airtel, Jio to spend about Rs 400 crore on ads during festive season. Bharti Airtel and Reliance Jio together are likely to spend the bulk of around Rs 350-400 crore in festive season advertising
Laying off 200 engineers to 'centralise' operations, clarifies Ola. Ride-hailing major Ola clarified that nearly 200 engineers, including some in the software vertical, have been asked to go from its 2,000-strong engineer workforce as part of a larger restructuring
Vedanta Resources' semiconductor plans won't chip away at liquidity: S&P. Mining mogul Anil Agarwal-led Vedanta Resources' credit profile will unlikely be weighed down by the group's planned Rs 1.54 lakh crore foray into semiconductor manufacturing, S&P Global Ratings said on Monday. "This is because the company has reiterated t
DotPe raises mn in series B funding; to foray into financial services. Gurugram-based offline-to-online commerce platform DotPe on Monday said it has raised million in its series B funding round led by Temasek
Many won't use print-out at home service like offered by Blinkit: Report. Only 14 per cent of consumers in India would use 10-minute delivery platforms to get print-outs delivered at home, a report said
DotPe raises mn in series B, plans entry into financial services. The firm currently serves over 7.5 million brands including McDonald's, 24 Seven and Taco Bell
Jawahar Goel quits as Dish TV director, will step down at Sept 26 AGM. Yes Bank, which holds 25% in Dish TV, has been pushing for a board revamp, including removal of Goel, Narang and others
Adani Green commissions 325-MW wind power project in Dhar district of MP. Adani Green Energy Limited has commissioned a 325-megawatt wind energy plant in Dhar district of Madhya Pradesh. With the commissioning of this plant, its operational generation capacity has increased to 6.1 gigawatt (GW), Adani Green Energy Limited (AGEL)
Paytm tokenises over 52 mn cards, says on track to meet RBI's deadline. The company has tokenized 52.3 million cards across VISA, Mastercard and RuPay in its effort to make card transactions safer and drive convenience for consumers.
Payment aggregator licence may open avenues beyond rail-ticketing for IRCTC. Recently secured shareholder approval to approval RBI; has database of 100 mn users
Adani Group to become most profitable cement manufacturer: Gautam Adani. Days after completing a USD 6.5 billion acquisition of Ambuja Cements and ACC, billionaire Gautam Adani said his group has planned to double cement manufacturing capacity and become the most profitable manufacturer in the country. He saw a multifold rise i
Top headlines: Oyo posts positive core earnings; Ola lays off 200 engineers. Jawahar Lal Goel has tendered his resignation from Dish TV India's board and has ceased to be the Chairman of the company, the company announced in a notice to the stock exchange.
IBBI amends regulation to boost value of stressed cos undergoing insolvency. In a move that will provide better market-linked solutions for stressed companies, watchdog IBBI has amended its regulations to allow sale of one or more assets of an entity undergoing insolvency resolution process, besides other changes. Also, the Committ
Great Indian Festival: Apple iPhone 13 gets a further price cut on Amazon. The smartphone was launched in 2021 with a starting price of Rs 79,900.
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