NSE share market NEWS tomorrow (07 September, 2022). NSE stocks in NEWS (tomorrow)
NSE share market NEWS tomorrow (07 September, 2022). NSE stocks in NEWS (tomorrow) These are NSE stocks which will be in NEWS tomorrow as on 07 September 2022
Container Corporation was amongst the top gainers, currently trading at 726.55 in NSE with 31.167 times change in volumes and 8.546% change in price. Other gainers included Mazagon Dock with 7.526% price change and 2.614 times volumes, Angel One with 7.181% price change and 1.202 times volumes, Shree Cements with 7.05% price change and 7.324 times volumes, and Idea Cellular with 6.557% price change and 6.125 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.
Avenue Supermarts was amongst the top losers, currently trading at 4426.30 in NSE with 1.245 times change in volumes and -2.87% change in price. Other losers included Suzlon Energy with -2.336% price change and 0.215 times volumes, Kpit Technologies with -2.218% price change and 2.402 times volumes, Interglobe Aviatio with -2.162% price change and 3.88 times volumes, and Bajaj Auto with -2.131% price change and 1.425 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.
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
Twitter should put efforts in tackling bots, not in serving subpoenas: Musk. Tesla and SpaceX CEO Elon Musk on Wednesday said that Twitter should put more effort into tackling bots and spams on its platform and not in serving subpoenas to his friends
Nayara Energy plans to shut its Vadinar refinery for maintenance from Nov 1. Indian refiner Nayara Energy, partly owned by Russian energy giant Rosneft, plans to fully shut its 400,000 barrels per day Vadinar refinery for about a month from November for routine maintenance
WAARE partners with SBI to finance projects for consumers, channel partners. / -- WAAREE, India's largest Solar Panel manufacturer, has entered into an Agreement with SBI for availing unsecured financing for solar projects through Surya Shakti Solar Finance Scheme and providing working capital for Channel Partners under EDFS (Elect
Govt asks Sebi to ease public shareholding norms for IDBI Bank: Report. The Centre has reached out to Sebi seeking a relaxation period of two years in the minimum public shareholding norms for IDBI Bank after its privatisation
India, US must cooperate in climate change, semiconductors: Gautam Adani. The two countries must commit to 'free trade, openness, integration' of economies, says Adani Group chairman in award acceptance speech.
Adani to build 3 giga factories in India as part of bn green investment. Asia's richest man Gautam Adani on Wednesday said his ports-to-power conglomerate will build three giga factories for manufacturing solar modules, wind turbines, and hydrogen electrolyzers as part of a USD 70 billion investment in clean energy by 2030. Ada
Daalchini Technologies raises mn Series A led by Unicorn India Ventures. Other participants in the round include Artha Venture Fund, former Dominos India CEO Ajay Kaul, and VSS Investco (investment vertical of Paytm CEO Vijay Shekhar Sharma)
India edges out China in creating new unicorns in H1CY22: Hurun report. As many as 147 unicorns worldwide saw their valuations drop in the last six months
ITC to pursue 'asset-right' strategy for its hotel business: Chairman. ITC Ltd would pursue the "asset-right" strategy for its hotel business to ensure that the diversified conglomerate remains competitive and contemporary, and continues to deliver superior performance, its chairman Sanjiv Puri said. The Kolkata-based multi-c
Coal India aims to reach close to its production target of 306 MT in H1FY23. State-owned CIL on Wednesday said it will reach close to its production target of 306 million tonnes (MT) in the first half of FY23, provided its mining areas are not extremely affected by heavy rains this month. Coal India Ltd (CIL) accounts for over 80 p
Planet Scuba India ropes in CREST to manufacture dive equipment in India. The company will introduce CREST Diving to DRDO's DEBEL and will aim to make India an alternative to China as a manufacturer of dive equipment
Former SC judge PV Reddi to mediate SpiceJet-Kalanithi Maran spat. SpiceJet incurred net losses of Rs 316 crore, Rs 934 crore, Rs 998 crore and Rs 1,725 crore in FY19, FY20, FY21 and FY22, respectively
Reliance Jio 6th Anniversary: Check the plan, offers and benefits. Reliance Jio 6th Anniversary: India's biggest Internet service provider completes six years in the market. Read this detailed report on newly announced Jio offers, plans and benefits
Maruti to enter mid-SUV segment to lift market share: Senior exec director. Leading automobile manufacturer Maruti Suzuki will consider the SUV segment as a key area to lift its overall market share in the country, a senior company official said on Wednesday. Presently, the company's overall market share is under 45 per cent and t
'Consumer durables sector revenue to rise 15-18% to cross Rs 1 trn in FY23'. Despite increasing margin pressure, the consumer durables sector is likely to witness a double-digit volume growth, pushing its revenue up by 15-18 per cent to Rs 1 lakh crore this fiscal, according to a report. According to the report, a 10-13 per cent sp
Sony merger: NCLT directs Zee to call shareholder meet on October 14. The order comes close on the heels of CCI's observation that the -bn merger could hurt competition, and that greater scrutiny of the deal was needed
Online pharmacy platform Tata 1mg turns unicorn after raising mn. Funding round was led by Tata Digital; Tata 1mg has become 105th unicorn in India
PlayStation hardware head Masayasu Ito leaves Sony after 36 years. Sony Interactive Entertainment announced that its veteran PlayStation hardware chief Masayasu Ito, who joined the company in 1986, will leave on October 1 to spend a retired life
Flipkart launches hotel-booking service, sees travel industry gaining. Flipkart Hotels will provide room bookings at 3 lakh domestic and international hotels. It will offer customers services like flexible travel and booking-related policies, and easy EMI options
Over 28,000 KSRTC employees to finally get salary, but with a condition. The decision to pay the salaries came with the condition that the employees' duty structure would change from a 16-hour double shift to a 12-hour single shift
Byju's to make financial results for 2020-21 public next week: Report. Edtech major Byju's is expected to make financial results for 2020-21 public next week after meeting with shareholders, according to sources privy to the development. The company had informed the Ministry of Corporate Affairs in July that it will announce
Biocon sells 5.4% stake in arm Syngene International for Rs 1,220 cr. Drugmaker Biocon on Tuesday divested a 5.4 per cent stake in its research arm Syngene International for a little over Rs 1,220 crore through an open market transaction. According to bulk deal data available with the BSE, Biocon, the promoter of Syngene Int
'Rings of Power': India lords over with 12% of global viewership. Worldwide, the Amazon Prime show racked in over 25 million viewers on its first day
Inox Wind to become debt-free after Rs 740-crore IPO offering: Report. Wind energy solutions provider Inox Wind will become a debt-free company after its Rs 740-crore initial share, which is awaiting Sebi nod, is over and fund infusion by promoters, according to its regulatory filing. According to the Draft Red Herring Prospe
BEL, UK-based Smith Detection to build high-tech scanners within 3 years. Under the deal, BEL will handle front-end requirements in the market and support localisation of projects, while Smiths Detection will provide screening tech
SoftBank, others in talks to lead -million funding in GoMechanic. "The conversations between the investors and GoMechanic are still going on and one of the investors has also shared the term sheet with the firm," said a person familiar with the development
Receivables of leading RE companies to shrink 20% this fiscal: Crisil. Receivables of leading renewable companies will shrink 20 per cent during this financial year, Crisil Ratings said. Leading renewable energy (RE) companies are set to see their receivables reduce a fifth from 180 days a year ago to 140 days as of March 202
Vivo plans to increase exclusive stores to over 650 in India this year. Smartphone maker Vivo India on Tuesday said that it plans to increase exclusive store in India to over 650 by end of this year. The company at present has over 600 exclusive stores and more than 20 experience centres in the country. "The mainline retail ch
Gautam Adani's rise to 3rd richest came as stock jump topped 1,000%. During a year in which many fortunes around the world have crumbled, his net worth has nearly doubled, increasing .8 billion to 1.4 billion and making him the third-richest person on the planet
Will Reliance's FMCG entry be another Nirma moment?. Reliance Industries' entry in the FMCG sector will heat up competition in the space dominated by the likes of HUL, ITC, Nestle India and Patanjali. Will Reliance be a disruptor in this segment too?
Reliance Industries to acquire 79.4% stake in US-based SenseHawk for mn. California-based SenseHawk, which was founded in 2018, is an early-stage developer of software-based management tools for the solar energy generation industry
Kalpataru Power bags Rs 1,345 cr orders for pipeline, metro electrification. Kalpataru Power Transmission Ltd (KPTL) on Tuesday said the company and its international subsidiaries have secured new orders worth Rs 1,345 crore. In a regulatory filing KPTL said, the company and its international subsidiaries have secured new orders/no
B2B food processing start-up Suite42 raises .3 mn in seed funding. Suite42 says its technology helps clients to make fair price discovery, reduce processing cost
Fintech start-up FinAGG raises mn in funding to expand business. Company seeks to gain from increasing global supply chain financing volumes
Made in India iPhones to be 5-7% of Apple's global supply this year. As Apple gears up for the launch of iPhone 14 on September 7, its plants in India are also gearing up to manufacture more of these phones to contribute more to Apple's global supply
Micro-blogging site Koo clarifies it laid off 15 employees, not 40. Homegrown micro-blogging platform Koo on Tuesday said that it has laid off 15 employees, or 5 per cent of its workforce, and not 40 as earlier reported in the media
Fintech platform GroMo raises mn in series A led by SIG Venture Capital. Other investors include Y-Combinator, Das Capital, Goodwater Capital, Beyond Next Ventures, Soma Capital, Ace & Company, Hauz Khas Ventures and a host of angels
Will post highest ever domestic sales in 2022: Hyundai's Tarun Garg. Says product portfolio in line with customer's choice for SUVs, non-committal about sales volume; Hyundai's best show so far was in 2018 at 550,002 units
SoftBank plans million bet on India's GoMechanic, says report. SoftBank has for years been a prominent backer of Indian startups, investing close to billion last year alone, according to data from Venture Intelligence
IndiGo's new CEO Elbers will focus on people and profitability: Experts. Known for his decisiveness, new chief will have his task cut out as domestic competition heats up
Suzlon bags 180.6 MW energy project from Sembcorp's Green Infra Wind Energy. Renewable energy solution provider Suzlon Energy on Tuesday said that it has won an order to set up 180.6 MW wind energy project from Sembcorp's arm Green Infra Wind Energy Ltd. "Suzlon Group, India's largest renewable energy solutions provider, today anno
Prodn halts at Parsa East, Kanta Basan coal block operated by Adani Group. Coal production has stopped at Parsa East & Kanta Basan block in Chhattisgarh since last month, and it may "adversely impact" the coal output target from captive mines for this year, an official statement said on Tuesday. Parsa East and Kanta Basan, a 15 m
Murugappa enters EV mkt with TI Clean Mobility's Montra e-three-wheeler. Launch is part of the group's strategy to focus aggressively on EVs, with e-3W under the brand Montra Electric, electric tractors under Cellestial Egat, electric HCVs under Rhino 5536 brand
Flipkart forays into hospitality sector, launches hotel booking feature. Backed by Cleartrip's API, Flipkart Hotels will benefit from Cleartrip's deep understanding of travel customers and sectors
Adani Group says not overleaveraged, loans from public sector banks halved. Richest Indian Gautam Adani's conglomerate has cited an improved net debt to operating profit ratio and more than halving of loans from public sector banks to allay concerns about it being overleveraged. In a 15-page note in response to CreditSights report
ByteDance lays off hundreds of employees from video gaming vertical: Report. ByteDance is also reportedly slashing jobs at Jiangnan Studio, its game development studio in Hangzhou district
Matrimony.com launches app catering to India's LGBTQIA+ community. Matchmaking site Matrimony.com Ltd has launched a new app catering to the members of the LGBTQIA+ community, the company said
Tier-II Indian cities emerge as major realty growth engines: PropEquity. Report by the firm cites surge in absorption and supply of quality residential properties across price brackets in Ahmedabad, Vadodara, Nashik, Gandhi Nagar and Jaipur
Tech start-ups raise 5 mn in funding in Aug, down 20% from July: Report. Edtech unicorn UpGrad and fintech start-up EarlySalary among companies to earn big-ticket investments: Tracxn
CCI clears Prosus-backed PayU's .7-bn acquisition of BillDesk. The deal is slated to become the second largest acquisition in the Indian digital space, after Walmart's -bn buyout of e-commerce behemoth Flipkart in 2018
Would surpass Rs 21,000-crore revenue target by 2026: ABFRL chairman. Aditya Birla Fashion and Retail Ltd (ABFRL) is confident of fortifying its market position further and surpassing the projected revenue of Rs 21,000 crore by 2026, said its chairman Kumar Mangalam Birla on Monday. ABFRL is leveraging technology and its exe
RPower, subsidiary to raise debt of up to Rs 1,200 cr from Varde Partners. Reliance Power and its subsidiary have inked a pact with Varde Partners for availing debt of up to Rs 1,200 crore. In a regulatory filing, Reliance Power said the company and its subsidiary have entered into a indicative Memorandum of Understanding (MoU) w
SpiceJet in dire need of recapitalisation to revive operation: Report. The carrier has been strong in its pursuit of weathering the storm but it has faced a series of headwinds for more than three years. The company reported huge loss in April-June quarter
HAL-L&T consortium bags Rs 860-crore Isro contract for five PSLVs. Isro has been providing satellite launch services since 1990 through the PSLV, launching 319 customer satellites from 33 countries
OYO to bring onboard 600 new hotels, homes in South India by year-end. Buoyed by the strong booking trends in the business as well as liesure travel segments, OYO is looking to significantly increase hotels and homes (storefronts) in South India on its platform
NTPC to buy Avantha's Jhabua Power, its first acquisition under the IBC. The estimated deal size is Rs 1,830 crore
Tata Motors rolls out India's first CNG-powered truck in M&HCV segment. The CNG models are powered by the 5.7-litre SGI engine generating peak power of 180hp and torque of 650Nm, come with a modular architecture and offer a range of up to 1,000 km
Amazon-Future Group row: Supreme Court to hear matter on September 19. "Amazon had misrepresented the scope and purpose of the proposed combination," CCI had said before the NCLAT
Sembcorp Industries sells India unit to Tanweer Infra .47 billion. By 2025, Sembcorp aims to quadruple its gross installed renewable energy capacity to 10 Gw
Unacademy launches 50 new channels to democratise online education. Unacademy recently said that it has been focusing on frugality as its core value
Intense competition may shrink margins of gold loan firms, says S&P. Manappuram, Muthoot not facing refinancing challenge yet
Gautam Adani is searching for new group M&A chief, says report. Vinod Bahety, who's been helming Adani Enterprises Ltd.'s M&A activity, will move to a new business vertical and a formal announcement could come as soon as this month
CCI clears PayU's .7 billion BillDesk acquisition after a year. BillDesk, founded in 2000, is an Indian success story and one of the leading payment businesses in the country
Narayana Hrudayalaya to acquire Bengaluru-based orthopedic, trauma hospital. Healthcare provider Narayana Hrudayalaya on Monday said it will acquire a Bengaluru-based orthopedic and trauma hospital for Rs 200 crore. The company has inked a business transfer agreement with Shiva and Shiva Orthopaedic Hospital to acquire its orthoped
Binesh Kumar Tyagi takes over as CMD Shipping Corporation of India. Shipping Corporation of India on Monday said Binesh Kumar Tyagi has taken over as its Chairman and Managing Director (CMD). Tyagi was heading the Liner and Passenger Services Division as Director (L&PS) since January 7, 2021 in the company, the PSU said in
REC seeks shareholders' nod to raise up to Rs 75,000 cr via bonds. REC Ltd will seek shareholders' approval to raise up to Rs 75,000 crore through issuance of bonds next week. The funds are proposed to be raised through issuance of debentures on private placement basis during a period of one year from the date of passing
Sameer Khetarpal joins Jubilant FoodWorks as CEO, managing director. During his 25 year-long career, he has worked in e-commerce and management consulting
Will NDTV turn out to be Adani's most challenging acquisition?. Gautam Adani is on an acquisition spree of late. But one of his recent takeover attempts seems to have run into rough weather. Acquisition of NDTV may not be as easy like others. Find out why
Telecom firms divided over spectrum allocation, seek clarity from DoT. All telcos have commented on devising a new legal framework to govern India's telecommunications sector
Apple set to unveil 2nd Gen AirPods Pro with H1 processor upgrade this week. Cupertino-based tech giant Apple is set to showcase the second generation of its AirPods Pro this week that will offer several upgrades, including the next generation H1 processor
Reliance Power, subsidiary to raise up to Rs 1,200 cr from Varde Partners. Debt will be used for settlement and discharge, acquisition and restructuring of financial instruments, says company
PepsiCo's bottling plant to come up in Prayagraj, says UP Minister. This, he said, was a part of the state government's efforts to revive and develop the Naini Industrial Area of Prayagraj
YES Bank likely to acquire Bengaluru's Ritz Carlton from NEL Holdings. Ritz Carlton in Bengaluru was the first property of Marriott International under the Ritz Carlton brand
Cyrus Mistry's death brings attention back to the Shapoorji Pallonji Group. In 2012, Mistry was appointed as the chairman of the Tata Group. His brother, Shapoor Mistry, was entrusted with the responsibilities of the SP Group
PTC India to set up plant in Nepal; to supply power to India, Bangladesh. State-owned PTC India will set up a power trading company in Nepal which will supply electricity to India and Bangladesh, the firm's CMD Rajib K Mishra said
RIL's current investment cycle less aggressive, says Morgan Stanley. Brokerage says this will reduce the cost of the company's equity, raises price target on stock to Rs 3,085
HOP Electric Mobility to invest up to Rs 200 cr for capacity expansion. HOP Electric Mobility plans to invest up to Rs 200 crore in next one year on new products, setting up charging infrastructure and in creating additional production capacity, according to company Founder & CEO Ketan Mehta. The startup, which on Monday launc
Blue Jet Healthcare files draft papers with Sebi for Rs 2,100-cr IPO. Mumbai-based Blue Jet Healthcare, is a specialty pharmaceutical and healthcare ingredient and intermediate company
Adani Group cites reduced debt load to rebut overleveraged view. Using figures that differed from those cited by CreditSights in the report last month, the conglomerate said the leverage ratios of its companies 'continue to be healthy'
Singapore's Sembcorp Industries to sell India energy unit for .5 bn. Sembcorp Energy, one of the largest power producers in India, operates two supercritical coal-fired power plants totalling 2,640 megawatt, servicing nearly 2.5 mn households
Dixon Tech to manufacture TV sets on Android and Google TV platforms. Electronic goods manufacturer Dixon Technologies on Monday said it has entered into an agreement with global tech giant Google and got sub-licensing rights for making LED TV sets on Android and Google TV platforms. Android and Google TV are two operating s
Ford India offers final severance package for Chennai unit employees. It is on average equivalent to 130 days of gross wages per completed year of service, firm says
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