NSE share market NEWS tomorrow (12 September, 2022). NSE stocks in NEWS (tomorrow)
NSE share market NEWS tomorrow (12 September, 2022). NSE stocks in NEWS (tomorrow) These are NSE stocks which will be in NEWS tomorrow as on 12 September 2022
Hindustan Aeronautics was amongst the top gainers, currently trading at 2614.00 in NSE with 3.131 times change in volumes and 7.402% change in price. Other gainers included Inox Wind with 7.048% price change and 1.797 times volumes, Computer Age with 4.689% price change and 1.032 times volumes, Ambuja Cements with 4.607% price change and 0.943 times volumes, and Jubilant Foodworks with 4.018% price change and 2.565 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.
Coal India was amongst the top losers, currently trading at 231.50 in NSE with 2.258 times change in volumes and -2.567% change in price. Other losers included Abb Power with -2.166% price change and 1.33 times volumes, Bandhan Bank with -1.67% price change and 0.645 times volumes, Pb Fintech with -1.617% price change and 0.482 times volumes, and Astral Poly with -1.617% price change and 0.35 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.
JSW Steel posts 22% jump in crude steel production in August this year. JSW Steel on Monday reported a 22 per cent jump in crude steel production in August this year to 16.76 lakh tonne. The private steel major had produced 13.77 lakh tonne in the year-ago month. The production of flat products at 12.01 lakh tonne in the last
IIT Madras Indian academic institute to join IBM's Quantum Network. Engineering college will get access to the company's advanced quantum computing systems and expertise
Sony, Zee offer concessions to ease CCI's concerns over merger: Report. Firms propose pricing concessions to CCI, Sony-Zee not proposing structural changes for now, say sources
Amazon Seller Services reports Rs 3.6K-crore loss; revenue up 32%. E-commerce firm's units for digital payments and selling cloud service report losses too for FY22
American Express India appoints Sanjay Khanna as chief executive officer. In his new role, Sanjay Khanna will be leading several business development initiatives for American Express, while steering collaboration across its diverse businesses in India
Shares of Mahindra Lifespace Developers settle with marginal gains. Shares of Mahindra Lifespace Developers pared most of its initial gains and settled with marginally higher on the bourses on Monday. The scrip opened at Rs 541.95 and later rose 2.37 per cent to touch Rs 550.40, its 52-week high level on BSE. However, it s
Hindustan Coca-Cola Beverages invests Rs 660 crore in new West Bengal plant. Firm says plant, the second in the state, is completely digitised and employs 100 people directly and another 150 people indirectly
Tata group in talks with Bisleri to acquire a stake in company: Report. Tata Group is understood to have initiated talks with Bisleri International to acquire a stake in the packaged water company, according to sources. It is in a very preliminary stage and would be premature to say a deal would fructify, a person in the know
Abrdn to offload 2% in HDFC Life in block trades, put 43 mn shares on block. Price range set at Rs 564.1-578.55 per share; sale could fetch UK-based financial major at least Rs 2,425.6 cr
Future Lifestyle seeks shareholders' nod for three special resolutions. Voting will begin on September 14 at 9:00 a.m. and end on October 13 at 5:00 p.m.
Magna invests mn in EV startup Yulu to enter micromobility market. Magna will own a stake and hold a seat on the board of the Bangalore based company, it said. The two companies have established a new battery swapping entity.
Jio gets LoI for satellite communication services from DoT: Report. Reliance Jio Infocomm's satellite unit has received a letter of intent (LoI) from the Telecom Department for satellite communication services, according to industry sources. The LoI was issued to Jio Satellite Communications Ltd (JSCL) on Monday, sources i
NDTV pays Rs 10 lakh penalty as directed by SAT in non-disclosure case. In an order dated July 20, SAT had reduced the penalty imposed by Sebi from Rs 5 crore to Rs 10 lakh
China's zero-Covid move could hit India's white goods post festive season. This will impact the flow of finished products into the Indian market, unlike last year, this impact will be felt post Diwali
LML looking at comeback with e-scooters, may use Harley unit in Manesar. Company reportedly looking to launch three two-wheeler concepts later this month
Air India to get 30 planes including 5 Boeings, over next 15 months. Air India on Monday said it will progressively induct 30 new aircraft, including 5 wide-body Boeing planes, from December this year, as the Tatas-owned airline looks to boost its domestic and international services. The airline has signed leases and letter
Air India leases 30 planes to boost ops, introduces premium economy class. Tata group airline will buy aircraft too for expansion, is in talks with Airbus and Boeing
Amazon India to halve the fee for new sellers in festival season. Amazon Indian said it will halve the fee for new sellers on its platform as the e-commerce giant gears up for the festive season in one of its key markets.
Investors left empty-handed in IndiGo block trade due to slippage. None of the investors lined up by the banks working on billionaire Rakesh Gangwal's sale of part of his family's stake in IndiGo got any shares in the block trade as a result of slippage
NTPC pays final dividend of Rs 2,909 crore to shareholders for FY22. NTPC has paid a final dividend of Rs 2,908.99 crore for 2021-22 to its shareholders. The final dividend is 30 per cent of the paid-up equity share capital of the company, an NTPC statement said. With this, the total dividend paid for 2021-22 is Rs 6,787.67
Vedanta picks Gujarat for -bn semiconductor foray with Foxconn: Report. Vedanta obtained financial and non-financial subsidies including on capital expenditure and cheap electricity from Gujarat to build the semiconductor plants, says a source
Tata Consumer enters health supplements biz with 'GoFit' range for women. Tata GoFit is available in two pack sizes of 500 grams and one kg, with 18 grams of protein per serving of 25 grams in two flavours--rich chocolate and cafe mocha
Co-working space demand rises in H1 even as IT sector share dips. Average monthly office rentals rise across cities, highest in NCR and Hyderabad at 5%
Decision on high-frequency bands for broadband likely in 4-5 mths: DoT Secy. Telecom and satellite operators should look at using the same spectrum bands in coordination with each other and the decision on use of high-frequency range for broadband is likely to be taken in 4-5 months, a senior government official said. Telecom secre
Reliance Infra had filed arbitration claim of Rs 500 crore: Adani. Reacts to RInfra statement of last week, which said it has filed a claim of Rs 13,400 crore; Adani says it has filed counterclaims
Top headlines: Retail inflation rises to 7% in August; AI leases 30 planes. India plans to pay about Rs 20,000 crore (.5 billion) to the state-run fuel retailers, such as Indian Oil Corp., to partly compensate them for losses and keep a check on cooking gas prices
Vedanta's Sterlite starts RE firm for projects serving commercial clients. Serentica Energy will supply 600 MW to Vedanta Group, set up energy storage capacity in three states
How will EY's split shake up the sector?. EY is planning to split its audit and advisory businesses. It said that it was doing so to address regulatory concerns over potential conflicts of interest. Will this prompt others to follow suit?
Scamsters posing as Adar Poonawala dupe Serum Institute of over Rs 1 crore. An FIR was launched against some unidentified persons for cheating the Serum Institute of India for more than Rs 1 crore, said the officials
19 loss-making CPSEs returned to profit in FY21, shows govt data. The total gross revenue of 255 operating CPSEs during FY21 was Rs 24.26 trillion as against Rs 24.58 trillion in the previous year, showing a decrease of 1.30%
Expect CV industry to grow in double digits this fiscal: Tata Motors ED. Tata Motors expects the commercial vehicle industry sales growth to be in double digits this year despite hike in interest rates on auto loans, according to a senior company official. Favourable factors such as government's investment in infrastructure, gr
Jindal Stainless Ltd taking measures to reduce carbon emissions: MD. Jindal Stainless Limited (JSL) is taking a host of measures to reduce carbon emissions of its present and planned capacities, which includes setting up renewable energy capacities, Managing Director Abhyuday Jindal said. During FY22, JSL reduced its carbon
Rising credit card, UPI payments indicate increase in consumption: Experts. Rising credit card and UPI payments indicate towards increase in consumption amid recovery in economic activities with ebbing impact of Covid pandemic, said experts and market players. As per the RBI's monthly data, Unified Payments Interface (UPI) transac
Reliance can explore reorganising company to list subsidiaries: Report. Management and shareholders may consider a reorganisation of company to achieve three mutually linked objectives of structure, succession and segregation, says a report by Kotak Institutional Equities
Reliance Infra files Rs 13,400-cr claim in power deal with Adani. Reliance cited a breach in the terms of a December 2017 agreement, and filed its statement of claim before the Mumbai Centre for International Arbitration
Appliances industry expects up to 35% growth in sales during festive season. Appliances and consumer durable makers are looking for up to 35 per cent growth in sales during this festive season on increasing demand for premium products and price hikes. Some of the companies, however, are "cautiously optimistic" about the sales of th
Reliance Infrastructure files Rs 13K-crore claim in Adani power deal. Reliance cited a breach of a December 2017 share purchase agreement relating to the transfer of its Mumbai power distribution business to Adani Transmission
Redington India to retail iPhone 14, Apple Watch series 8 across locations. Supply chain solutions provider Redington India is to offer the latest Apple Inc. products - the iPhone 14 and 14 Plus - in over 4,000 retail locations across the country, the company said on Sunday. Redington has partnered with private sector HDFC Bank t
Italian govt, UAE-based PE firm pick up 44% stake in Titagarh Wagons arm. The Italian government and a UAE-based private equity firm have together picked up almost 44 per cent stake in Titagarh Wagons' fully-owned subsidiary Firema SpA, a top company official said on Sunday. The company saw a "recapitalisation of Euro 20 million
Mahindra Lifespaces to buy land parcels with Rs 3k-crore sales value. Realty firm Mahindra Lifespace Developers is looking to acquire a few land parcels this fiscal to build housing projects with sales potential of Rs 3,000-4,000 crore, a top company official said. The company will acquire these land parcels either through o
Air India goes on a digitisation drive to enhance its efficiency. On Friday, the airline announced it was vacating government-owned premises as part of consolidation of workplaces
Reliance Industries acquires Shubhalakshmi Polyesters for Rs 1,592 cr. Billionaire Mukesh Ambani's Reliance Industries Ltd has acquired polyester chips and yarn manufacturer Shubhalakshmi Polyesters Ltd for Rs 1,592 crore, the company said in a stock exchange filing. "Reliance Petroleum Retail Ltd (under name change to 'Relia
Ambuja Cements, ACC receive lukewarm response from public shareholders. The response was poor as the current market price is far above the open offer price, bankers said
Next multibagger to come from digital businesses: Elixir Equities' Director. Indian digital businesses are witnessing rapid growth, aided by stronger adoption of online services in diverse segments, especially in the fintech landscape
Akasa Air operates its maiden flight from Chennai, 5th city in its network. Akasa Air inaugurated its first flight from Chennai, the fifth city in its network, enabling the airline to offer twice-daily flights in each direction on the Chennai-Bengaluru route
Pharma body clears Micro Labs of charges of spending Rs 1000 cr on freebies. Indian Pharmaceutical Alliance ethics committee submits report to NPPA
Indian refiner Nayara Energy appoints Prasad K Panicker as chairman. Despite a challenging external environment, Nayara Energy said it has developed an articulated strategy for a phased expansion into petrochemicals
Emami aims to stay 'deeply invested' in Ayurveda, achieve competitiveness. FMCG firm Emami aims to achieve higher levels of competitiveness in the present volatile economic environment and intends to "stay deeply invested" in its core area of Ayurveda, its Chairman R S Goenka said on Friday. The Kolkata-headquartered company will
Automobile dealer expect transparency, fair policy from manufacturers: FADA. Automobile dealers continue to expect higher transparency regarding their viability and a fair business policy from vehicle manufacturers, Federation of Automobile Dealers Associations said on Friday. Among the major expectations of dealers from vehicle ma
MBSI to invest Rs 5,000 crore by 2025-end, says MD Shoji Shiraishi. MBSI has 3,300 units in its fleet and it expects to grow up to 9,500 units by the end of this year, Shiraishi told Business Standard in an interview.
HSBC commits Rs 125 cr to green causes in India over next 5 years. Foreign lender HSBC on Friday committed Rs 125 crore over the next five years to support green causes like wetland conservation and energy transition projects in India. The lender said in a statement that the measures are is being taken as part of its effo
HCL Tech, Intel launch Centre of Excellence for Digital Workplace offering. Unit will serve as a hub to test and validate new digital tech platform solutions and architectures to meet the workload-intensive demands of enterprises in a hybrid workplace environment
Fighting to survive, Tencent-backed music app Gaana turns to subscriptions. Tencent-backed Indian music streaming app Gaana has switched to a paid subscription model to try to avoid closing down after failing to secure fresh funds
Nikon India hopes Rs 1,000 cr revenue by FY24 amid robust sales recovery. Imaging products major Nikon India is expecting to clock a revenue of Rs 900 crore this fiscal, riding on a robust sales recovery with the waning COVID-19 pandemic, a company official said. It is hoping to cross the Rs 1,000-crore sales mark by the 2023-24
Live commerce to virtual try on: Flipkart revamps app to woo customers. Introduces Image Search, Live Commerce, and Virtual try-ons for a better discovery experience for customers
Tata Group in talks with Wistron for manufacturing iPhones in India. For Wistron, India is yet another battle ground where it faces rivals such as Foxconn and Pegatron
SEBI bans Wishworth Financial Services from securities market for 4 years. Sebi on Friday barred Wishworth Financial Services and their proprietors Pankaj Khanchandani and Dheeraj Kapoor from the securities markets for four years and directed them to refund the money collected through unauthorised investment advisory services. A
Ambuja Cements and ACC stocks close much above the offer prices. The shares of Ambuja Cement closed at Rs 453 a share -- far above the open offer price of Rs 385 a share -- making the offer unattractive for its shareholders.
M&M looks to create a new segment in e-SUV market with XUV400. Mahindra will declare the pricing of the model closer to its launch in January
Amazon Web Services joins Telangana govt with cloud adoption framework. The company said, by using AWS solutions for computing, storage, management, and governance capabilities
'Not substantiated': CCI drops JSW Paints' plea against Asian Paints. JSW Paints also told CCI that Asian Paints allegedly also pressurised enterprises that provided infrastructure facilities like warehouses to JSW Paints to not stock products of JSW Paints
Hyundai, Royal Enfield improved the most in dealer satisfaction study: FADA. The overall dealer satisfaction index improved from 657 points last year to 719 points this year, the study noted
Reliance Infrastructure moves Mumbai arbitration centre against Adani. Reliance Infrastructure has filed its statement of arbitration claims for a sum of approx Rs 13,400 crore before the Mumbai Centre for International Arbitration, the company said
No restrictions on RRPR Holding for warrant conversion, says I-T dept. In a disclosure to the stock exchanges, VCPL said it had approached the IT department for clarity on the matter and received a reply from the Additional Commissioner of Income Tax
Google pays billions annually to remain top search engine: US Justice Dept. DOJ attorney Kenneth Dintzer didn't disclose how much Google spends to be the default search engine on most browsers and all US mobile phones, but described the payments as "enormous numbers"
YouTube working on products, partnerships to improve educational content. The platform is announcing updates to make educational content more accessible and interactive for learners while helping learning creators thrive on YouTube
Tata Group in talks with Apple's Taiwanese supplier for assembling iPhones. An Indian company making iPhones would be a massive boost for the country's effort to challenge China. It could also persuade other global electronics brands to consider assembly in India
Devika Bulchandani to be first Indian-origin woman to head global ad agency. Will replace Andy Main as CEO of Ogilvy, who will serve as a senior adviser until the year-end
Indian firms must adopt new payment security standard as 5G era begins. The PCI SSC, a global payment security forum, has published version 4.0 of the payment security standard
Tata Motors expands EV range, to drive in Tiago's electric model this month. Tata Motors on Friday said it will roll out the electric version of its entry-level model Tiago later this month, in a step towards making environmentally friendly vehicles more accessible to customers. The Tiago EV would be the company's third product in
Harsha Engineers IPO to open on Sep 14; price band set at Rs 314-330/share. Harsha Engineers International, manufacturer of precision bearing cages, on Friday said it has fixed a price band of Rs 314-330 per share for its Rs 755-crore initial public offering (IPO). The initial share-sale will open for public subscription on Septem
Zydus acquires rights to market MonoFerric injection in India, Nepal. Zydus Lifesciences Ltd on Friday said it has acquired rights to market MonoFerric (iron isomaltoside) injection, used to treat iron deficiency in adult patients, in India and Nepal from Denmark-based Pharmacosmos A/S. MonoFerric is indicated for the treatm
PVR shareholders, creditors to meet on October 11 to consider INOX merger. Multiplex operator PVR has called a meeting of its shareholders and creditors on October 11 to seek their approval for the scheme of merger with rival Inox Leisure. This comes after the Mumbai bench of the National Company Law Tribunal (NCLT) on August 22
Zenara Pharma launches tablets to treat mild to moderate symptoms of Covid. Zenara Pharma had received approval from the Central Drugs Standard Control Organization (CDSCO) to manufacture and market this product last month
Car brakes applied 5 seconds before Cyrus Mistry car crash: Mercedes report. Luxury carmaker Mercedes-Benz has submitted its interim report on the fatal accident of industrialist Cyrus Mistry to the Palghar police, which mentions that the brakes of the vehicle were pressed five seconds before it crashed into the road divider, a sen
PVR shareholders to mull Inox merger on Oct 11, creditors' meet same day. Investors' meet over videoconference comes after Mumbai NCLT's directive to PVR; both Inox Leisure and PVR had said this June that they had received clearances for their merger NSE and BSE
Amp Energy India enters solar cell manufacturing; partners with Websol. Amp Energy on Friday announced its foray into solar cells and modules manufacturing, unveiling its plan to set up a joint venture with Websol Energy Systems. "Amp Energy India... has announced a joint venture (JV) with Websol Energy Systems Ltd for manufac
Myntra creates 16,000 jobs to cater to surge in festive season demand. The ramp-up includes the addition of over 6,300 personnel to fulfil demand across first- and mid-mile delivery and 3,000 personnel to cater to last-mile delivery
Air India Group starts vacating its offices from govt-owned properties. The Air India Group has started vacating its offices, which are currently being operated from government-owned properties, from this month, as part of its strategy to consolidate workspaces across the country. The loss-making Air India and its internationa
NTPC to supply power generated from renewable sources to armed forces. State-run power giant NTPC has inked a pact to supply electricity generated from renewable sources to Military Engineering Services. This is the first ever agreement by the Indian armed forces for getting power supply from renewable energy sources, NTPC sa
SpiceJet appoints Ashish Kumar as CFO, effective from September 9. Budget carrier SpiceJet on Friday said it has appointed Ashish Kumar as its Chief Financial Officer. Kumar's appointment for the post is effective from September 9, SpiceJet said in a statement. Kumar succeeds Sanjeev Taneja, who quit the struggling carrie
Invested .71 billion in Cloud infra, jobs in India since 2016: AWS. Amazon Web Services has invested .71 billion in building local Cloud infrastructure and creating jobs in India in the last six years, said a top company executive
Siemens Healthineers partners with HealthCare Global, Narayana Health, IISc. Germany's Siemens Healthineers on Friday announced strategic partnerships with HealthCare Global Enterprises, Narayana Health and the Indian Institute of Science as part of its strategy to make India an innovation centre for its global operations. The medi
Kotak Securities buys investment platform for advisors, MF distributors. Over 2,300 distributors use the FundExpert Fintech platform to manage mutual fund portfolios worth over Rs 15,000 crore
YES Bank to approve JC Flowers as buyer for -bn stressed loan portfolio. Yes Bank is likely to approve the transfer of stressed assets worth billion to private equity firm JC Flowers at its next board meeting
Sonjoy Mohonty replaces Abinash Verma as new ISMA Director General. 35 years' experience in oil & gas, micro banking and other sectors; IIM alumnus to assume office on Sept 15
GMR Warora Energy signs pact with lenders to recast Rs 3,000 cr loans. Loans would be repaid progressively over 15 years, giving the company additional time of about seven years to extinguish the liability
Fortune India Rich List 2022: 142 billionaires worth 2 billion. Fortune and Waterfield collected details of listed and unlisted wealth, additional information regarding investments outside of the listed business
NCLAT sets aside insolvency proceedings against Mack Star Marketing. Appellate tribunal NCLAT has set aside insolvency proceedings against Mack Star Marketing initiated by the NCLT Mumbai after observing that the term-loan provided by Yes Bank to it was an "eye-wash" and "collusive in nature". A two-member bench held such c
Dwindling wage growth emerging as bigger worry, says Ind-Ra report. Even as the economic recovery gains momentum, dwindling wage growth is emerging as a bigger worry as this leads to tepid demand and resultant under-utilisation of capacity, further elongating the already-large output gap, according to a report. The househo
Organic dairy firm Akshayakalpa raises million to expand across India. Akshayakalpa plans to invest in Bengaluru, Chennai, and Hyderabad markets, and expand into new geographies of Pune, Mumbai and Kochi
Samvardhana Motherson to acquire DICV's frame manufacturing, assembly ops. Auto components maker Samvardhana Motherson International Ltd on Thursday said it will acquire Daimler India Commercial Vehicles' (DICV) frame manufacturing and assembly operations facilities in Chennai. The company, formerly known as Motherson Sumi System
Now, book a bus ride in Gurugram on Uber; service in other cities soon. This pilot will start with Gurugram CNG AC buses on the top-two routes during peak commute hours
Thyssenkrupp arm bags mn EPC order from IOC's Baroda refinery. Thyssenkrupp Industrial Solutions India on Thursday said it has bagged a USD 75-million EPC contract from oil major Indian Oil Corporation to construct a catalytic dewaxing unit (CDWU) at its Baroda refinery in Gujarat. The proposed CDW unit will have an a
Air India announces direct flights to Doha from Mumbai, Hyderabad, Chennai. Ahead of the football world cup in Doha, Tata group-owned Air India on Thursday announced introduction of 20 new flights per week to Qatar from key Indian cities. "The added capacity will cater to the surge in demand expected around the football extravagan
Largest Ibuprofen API maker eyes double revenue in next four years. As part of de-risking their business, they have started reducing the share of ibuprofen in their overall turnover, and add more popular products to the portfolio
Steel-makers margins to nearly double in H2 to 25% from H1 levels: Report. Steel-makers are in for better times from the second half of the current fiscal as lower input cost and robust domestic demand will ease their margin pressure and lift operating margins to over 25 per cent, as per a report. The industry was hit by high inp
Future Lifestyle Fashions gets three-month extension for holding AGM. Future Lifestyle Fashions Ltd (FLFL) on Thursday said it has received a three-month extension from the Registrar of Companies for holding its Annual General Meeting. The Future group firm has received a letter from the Registrar of Companies Mumbai, Maha
Jet Airways faces turbulence ahead of launch as 3 senior executives quit. The Jalan-Kalrock consortium (JKC), which is preparing to launch the airline, however, downplayed the exits
M&M unveils its first electric sports utility vehicle 'XUV400' in India. The deliveries of XUV400 are scheduled to begin from the end of January next year
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