NSE share market NEWS tomorrow (09 September, 2022). NSE stocks in NEWS (tomorrow)
NSE share market NEWS tomorrow (09 September, 2022). NSE stocks in NEWS (tomorrow) These are NSE stocks which will be in NEWS tomorrow as on 09 September 2022
Max Healthcare was amongst the top gainers, currently trading at 413.30 in NSE with 9.72 times change in volumes and 9.137% change in price. Other gainers included Astral Poly with 4.967% price change and 1.299 times volumes, Tube Invest with 4.635% price change and 1.197 times volumes, Computer Age with 3.765% price change and 1.817 times volumes, and Persistent Systems with 3.481% price change and 1.053 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.
Suzlon Energy was amongst the top losers, currently trading at 9.60 in NSE with 0.96 times change in volumes and -5.419% change in price. Other losers included Mazagon Dock with -2.566% price change and 0.377 times volumes, Nhpc with -2.523% price change and 1.468 times volumes, Central Depo with -2.316% price change and 0.478 times volumes, and Sbi Cards with -2.071% price change and 0.771 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.
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
Varde Partners to pick up 15% in Reliance Power for Rs 933 crore. Reliance Power's stock price closed trade at Rs 21.30 a share on Thursday, down 1.62 per cent over the previous day's close
Coal price hike remains difficult for CIL: Chairman tells analysts. Coal India on Thursday informed investors that increasing coal prices remains difficult in the current context when the economy is grappling with high inflation. The miner was seeking to raise prices to mitigate high input costs on account of high diesel a
Lenders review resolution process of debt-ridden Reliance Capital. The Committee of Creditors (CoC) on Wednesday reviewed the resolution process of the debt-ridden Reliance Capital, for which the bidding process closed on August 29. IndusInd Bank, US-based asset management firm Oaktree Capital, and Torrent Group are among
CreditSights finds 'errors' in its report on Adani companies' debt. In a report dated September 7, CreditSights said it had spoken with Adani Group's finance and other executives and reconciled some figures for Adani Transmission and Adani Power
FinMin okays converting Vodafone Idea's Rs 16,100 cr dues to govt equity. The government of India will own nearly 33% of Vodafone Idea's equity, and become the single-largest shareholder if the deal goes through
CreditSights finds calculation errors in debt report on Adani Group firms. CreditSights said it had discovered calculation errors in its recent debt report on two power and transmission companies controlled by Gautam Adani, following a conversation with the management
5G handsets, tech limitations keep tariff hikes at bay for Jio, Airtel. Telecom operators Reliance Jio and Bharti Airtel are not looking at higher tariffs for 5G services during the initial level of launch in metro cities
Adani open offer for additional stake in NDTV starts Oct 17: JM Financial. Open offer for acquiring up to 1.67 crore equity shares will amount to Rs 492.81 crore, if fully subscribed
Google pilot allows local fantasy sports, rummy games on India Play Store. Google is set to run a pilot test for the local developers to distribute their daily fantasy sports (DFS) and rummy games apps on Play Store in India, as e-sports become big in the country.
Reliance Jio, Bharti Airtel not to hike tariffs for 5G services: Report. The low penetration of 5G handsets and the inability of several handsets to support certain spectrum bands were cited as reasons
Vehicle sales up 8% in Aug, two-wheelers cause for concern: FADA. Tractor sales decline 32% despite good monsoons; three-wheelers do modestly compared to 2019
Singtel entities jointly offload 1.76% stake in Airtel for Rs 7,128 cr. Singtel entities have jointly offloaded a 1.76 per cent stake in Bharti Airtel for about Rs 7,128 crore, according to sources. Bharti Airtel promoter Bharti Telecom Ltd has bought a 1.63 per cent stake from Singtel entity Pastel Ltd for Rs 6,602 crore thro
Microsoft offer to buy Call of Duty publisher 'inadequate': PlayStation CEO. The disagreement between both firms follows Microsoft's offer to buy CoD publisher Activision Blizzard in a deal worth nearly billion
QSR chain Wow! Momo raises Rs 125 cr from OAKS Asset for business expansion. "We expect Wow! Momo to not only gain domestic market share in India but also to be the first global sized QSR company from India," said Vishal Ootam, founder and CEO of OAKS Asset Management
Apple's China partner bars workers from leaving premises to shut out Covid. The firm, which also manages data for other clients, didn't say whether the iPhone maker's servers had been affected or when the lockdown will lift
SBI dishonours cheque after misreading Kannada numeral; fined Rs 85,000. A State Bank of India branch has been fined Rs 85,177 by the Dharwad District Consumer Grievances Redressal Forum for dishonouring a cheque after failing to properly recognise a Kannada numeral on it. Vadirajacharya Inamdar issued an SBI cheque for Rs 6,00
PhonePe tokenises 14 mn cards ahead of RBI's deadline of Sept 30. PhonePe said it is working with three major card networks, Visa, Mastercard, and RuPay, to meet the regulator's tokenisation deadline of September 30.
Fitch affirms rating for 4 NBFCs, maintains stable outlook for all. The financial condition of Shriram Transport Finance, Muthoot Finance, Manappuram Finance and IIFL Finance is satisfactory, says agency
75% Indian employees keen to upskill themselves: Dell Technologies report. More than 75% Indian employees keen to upskill themselves says Dell Technologies report
Japan's JFE to decide on joint venture with JSW in India by 2022-end. Japan's second-biggest steelmaker, which is under JFE Holdings, aims to tap growth in the Indian market by offering advanced steel products to boost efficiency in power generation
Construction management start-up Powerplay raises .14 mn in funding. The company will use the funds to expand its business in India and abroad. Powerplay said the value of construction managed on its platform from January to June 2022 is worth Rs 7,500 crore
USFDA asks Panacea Biotec to take corrective measures at Himachal unit. Panacea Biotec Ltd on Thursday said the US health regulator has asked for further corrective actions at the manufacturing unit of its wholly-owned arm at Baddi in Himachal Pradesh otherwise approval of any pending product applications from the facility may
'Govt to acquire VIL stake after share price stabilises at Rs 10 or above'. The government will acquire a stake in debt-ridden Vodafone Idea after the stock price of the company stabilises at Rs 10 or above, according to an official source. Vodafone Idea (VIL) board has offered a stake to the government at a par value of Rs 10 per
BPCL plans to load 700k barrels of Russia's Sokol cargo in Sept: Report. The Sokol cargo had been one of two sold by ONGC Videsh, the overseas investment arm of Oil and Natural Gas Corp to refiners Hindustan Petroleum Corp and BPCL in March
PE inflows in proptech firms up 5% at 0 mn in Jan-Jun: Housing.com. Private equity (PE) investment in proptech firms rose 5 per cent to USD 270 million during the January-June period as the adoption of technology gains momentum in the real estate sector, according to Housing.com. Between 2009 and June 2022, the proptech co
Top headlines: Vehicle sales up 8% in Aug; Fitch affirms rating for 4 NBFCs. Two-wheeler sales were up 8.5 per cent and three-wheeler by 8.3 per cent in August. Passenger and commercial vehicle sales increased 6.5 per cent and 24 per cent
Margins of aluminium companies likely to contract 400-500 bps in Q2: ICRA. Operating margins of the domestic primary aluminium companies are likely to shrink by 400-500 bps sequentially in the second quarter of 2022-23 due to factors like high input costs, rating agency Icra said on Thursday. "Owing to a twin onslaught of correct
After lay-offs, edtech startup Lido Learning files for insolvency. Lido Learning's board of directors has passed a special resolution to file an application under section 10 of IBC, 2016
Israel: Adani-led group gets extension to complete Haifa Port purchase. Israel announced in July it would sell Haifa port, a major trade hub on its Mediterranean coast, to winning bidders Adani Ports and local chemicals and logistics group Gadot for .2 bn
Indian-origin Pixstory ties up with Arsenal to promote social media ethics. European football major is third club to join platform, says partnership will focus on reducing abuse, hate speech in online fan conversations
Maruti Suzuki to spread awareness about safety features: Senior official. Country's largest car maker Maruti Suzuki will spread awareness about the safety features and address the issues also through its driving schools, a senior company official said on Wednesday. After the tragic death of former Tata Sons chairman Cyrus Mistry
Bharat Biotech awaits booster dose nod for intranasal vaccine iNCOVACC. Bharat Biotech did not comment on its plans to make this vaccine available for young children
Hybrid working here to stay; 63% corporates embracing it, says survey. Hybrid working is here to stay as about 63 per cent of corporates are currently embracing the flexible model, according to a survey by Colliers India. Real estate consultant Colliers surveyed occupiers of office space to understand their current and future
Airtel to launch 5G in a month, to cover key metros by Dec: CEO Vittal. Mittal family buys 96 million shares in Airtel from Singtel
JSW sets ambitious goals for e-commerce business, eyes -bn GMV by FY32. Of the targeted billion GMV by FY32, JSW products is expected to account for 65 per cent, the balance would be non-JSW
Kinetic to launch Luna in electric avatar, expands capacity with new plant. Charts aggressive plans in its comeback trail
TCS to redesign Nokia's human capital management system in 130 countries. Telecom gear maker Nokia has selected Tata Consultancy Services for redesigning its employee management system across 130 countries where it operates, the IT company said on Tuesday. Under the agreement, TCS will redesign Nokia's human capital management p
Over 98% of corporate bond issuances are private placements: Report. Even as regulators push to deepen corporate bond market by increasing liquidity in secondary market, efforts are getting nullified by the near-total dominance (98.5 per cent) of private placements, which can't be traded in secondary market, shows a report.
Tighter seat belt rules work better for rider safety than alarm: Carmakers. Intention is noble but won't help if passengers decide to ignore it, they say
ABFRL gets Sebi exemption in Rs 2,195-crore investment by Caladium. Aditya Birla Fashion and Retail Limited (ABFRL) on Wednesday said market regulator SEBI has granted it exemption over lisiting of shares worth Rs 2,195 crore alloted to Caladium Investment Pte Ltd, a foreign portfolio investor. Based on the in-principle ap
Mindtree planning to set up development centre in Kolkata, says CEO. Mindtree, a Larsen & Toubro Group company, is planning to set up a development centre in Kolkata, which could create employment opportunities for 15,000-20,000 people in the next four-five years, a company official said here on Wednesday. The IT services f
Ease of doing business and digitisation in India appeals to Adobe: CEO. Adobe Systems CEO Shantanu Narayen on Tuesday said that ease of doing business in India and digitisation appeal to the company
FMCG companies ramp up supply chains, marketing ahead of festive season. FMCG sales in August grew by 6.3 per cent sequentially, according to the latest data from Bizom. Sales had been declining for the previous three months
Lindstrom increases capacity of Tamil Nadu unit, set to employ 100 people. Textile service company Lindstrom India, subsidiary of Lindstrom Oy, Finland, has ramped up its operations in the workwear service unit here as it aims to serve the growing demand in the southern parts of the country, a company official said on Wednesday.
Apple breaks Meta-Google's ad monopoly with new iOS privacy changes. Apple Search Ads (ASA) joined the duopoly of Meta and Google at the top table of advertiser adoption as it grew adoption nearly four percentage points (year-on-year) to 94.8 per cent
Google 'pro-competitive', says Sundar Pichai, sees vibrant tech market. Pichai made the remarks late Tuesday at the Code Conference in Los Angeles. He said the company is "pro-competitive" and named companies including Apple Inc. and Microsoft Corp. as competitors.
Tech firms, telcos in India urge central govt to control internet shutdowns. The government in 2019 had said emergency internet shutdowns were a matter for states in the interest of law and order
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