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NSE share market NEWS tomorrow (06 September, 2022). NSE stocks in NEWS (tomorrow)

NSE share market NEWS tomorrow (06 September, 2022). NSE stocks in NEWS (tomorrow) These are NSE stocks which will be in NEWS tomorrow as on 06 September 2022

Varun Beverages was amongst the top gainers, currently trading at 1093.75 in NSE with 1.9 times change in volumes and 5.84% change in price. Other gainers included Crompton Gr with 4.66% price change and 1.94 times volumes, Tata Power with 4.61% price change and 5.854 times volumes, Ambuja Cements with 4.438% price change and 3.817 times volumes, and Punjab National with 4.202% price change and 2.791 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.

Gail India was amongst the top losers, currently trading at 93.05 in NSE with 2.208 times change in volumes and -31.956% change in price. Other losers included Icici Lombard with -3.4% price change and 7.549 times volumes, Mazagon Dock with -3.086% price change and 1.448 times volumes, Nhpc with -2.828% price change and 0.626 times volumes, and Abb Power with -2.682% price change and 0.956 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.

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

CV industry to perform well this year, says Tata Motors' Girish Wagh. Tata Motors on Monday said it is expecting the Commercial vehicles industry to perform well this fiscal after two years of downturn, with an upturn in demand across all segments. Moreover, consumption is also witnessing continuous growth leading to good de

IEX total trade volume dips annually by 18% to 7,805 mn units in August. The total trade volume of Indian Energy Exchange (IEX) registered an 18 per cent annual decline in August to 7,805 MU (million units). The total trade volume in August 2021 was at 9,538 MU, an IEX statement said. However, on a month-on-month basis, IEX reg

EV maker Ather Energy raising up to 0 mn to march past rivals: Report. Electric scooter manufacturer Ather Energy is reportedly raising up to 0 million in a new funding round, as the debate on EV fires appears to be finally settling

SC provides relief to Adani Ports in connection with bidding process. Company had challenged disqualification from bids to upgrade Jawaharlal Nehru Port Authority container terminal in Navi Mumbai

Fiscal 2022 was not the smoothest year for Dish TV: Annual Report. The DTH market has been facing major challenges as the market evolves steadily. Linear television is making way for digital services, forcing players to reinvent quickly.

68% companies believe AI in HR raises overall job accuracy: Report. Around 68 per cent of companies surveyed believe that the implementation of Artificial Intelligence in the Human Resource process increases overall job accuracy, according to a report. The report revealed that 72 per cent of respondents agreed that using A

Star-studded startups: Five celebrities who are betting on Indian companies. From Deepika Padukone to Virat Kohli, many B-town celebrities and cricketers have already invested in startups ranging from food to edtech

Indian hospitality, Swiss efficiency: Noida airport CEO defines design. The excavation work of the Terminal building of the Noida International airport has taken off as the airport is gearing up to start operations by the end of 2024

Petronet LNG Ltd to invest Rs 40,000 cr in 5 yrs to expand import infra. Petronet LNG Ltd, India's biggest gas importer, will invest Rs 40,000 crore in the next five years for expanding import infrastructure as well as foraying into new business to boost profitability to Rs 10,000 crore. Petronet, which operates two liquefied n

Public sector firms can't have industrial growth from taxation: RC Bhargava. The government should not be running businesses as public sector companies are inefficient and do not generate enough resources to fund their own growth, according to Maruti Suzuki India Chairman R C Bhargava. Public sector companies need support all the t

NDTV posted highest-ever profit in a decade, say Roys in FY22 annual report. Digital arm NDTV Convergence one of few profitable online companies, they say

I-T department nod not needed for Adani to acquire NDTV shares: Report. The Adani group believes that there is no restriction by tax authorities on it acquiring a stake in NDTV, a statement that has also been backed by tax experts. The Adani group has acquired a little-known firm, VCPL, that lent over Rs 403 crore to NDTV's fo

MSTC eyes e-commerce biz; ties with Reliance, Vedanta, Tata Power, others. Government-owned e-commerce service provider MSTC aims to expand its offering for private players and has tied up with firms like Reliance Industries, Tata Power, Vedanta, and Larsen & Toubro (L&T). The company believes that the current financial year will

Return to workplace may ease moonlighting concerns in IT industry: Experts. The issue of moonlighting by tech professionals has ignited a fresh debate, polarising opinions and raising thorny legal questions, though many believe that staff's gradual return to office floors will likely ease the concerns. Moonlighting refers to emplo

Meesho ropes in celebs to push five-day mega sale beginning Sept 23. Softbank-backed Meesho has roped in seven celebrities, including filmstar Ranveer Singh, Deepika Padukone, and cricketers Rohit Sharma and Sourav Ganguly, to push its five-day annual festive sale -- Mega Blockbuster Sale -- starting September 23, the comp

Byju's likely to raise over 0 mn at -bn valuation: Report. Edtech major Byju's is likely to raise over USD 500 million (about Rs 3,900 crore) at a valuation of around USD 23 billion in about a week, sources privy to the development said. The company is planing to use the funding for acquisition in the US, they add

Paytm says no link with Chinese loan merchants under ED scanner. Digital financial services firm One97 Communications, which operates under the Paytm brand, on Sunday denied any link with the merchants that are under the Enforcement Directorate scanner in the Chinese loan app case. Paytm said that none of the funds froz

Settlement framework will help ensure faster market corrections: CCI chief. As it steps up scrutiny of anti-competitive practices, CCI chief Ashok Kumar Gupta has said the proposed introduction of the settlement and commitment framework under the competition law will help reduce litigations and ensure faster market corrections. Th

Cyrus Mistry: A reclusive scion who fought for honour after being fired. Till his appointment as the chairman to lead Tata Sons, not many knew of Cyrus Mistry, who was then associated only with his family business. A south Mumbai low-profile boy, 44-year-old Mistry family scion was already heading companies in the Shapoorji Pal

Mahindra Lifespace aims 2.5-fold jump in housing sales bookings in 3 yrs. Realty firm Mahindra Lifespace Developers Ltd is targeting a 2.5-fold jump in its annual sales bookings to Rs 2,500 crore in the next three years on better housing demand, its MD and CEO Arvind Subramanian has said. Mumbai-based Mahindra Lifespace had achi

BigBasket co-founder Abhinay Choudhari launches tech-led laundry service. BigBasket co-founder Abhinay Choudhari has launched LaundryMate as his next venture aimed at solving the household laundry chore and tapping a billion opportunity by 2025

Cyrus Mistry's death puts spotlight on SP Group's holding in Tata Sons. There were media reports in March this year that SP Group was taking a Rs 15,000 crore loan against its holding in Tata Sons

'He was destined for greatness': India Inc grieves Cyrus Mistry's death. Leads to an outpouring of grief and shock among his industry colleagues

Reliance-BP to get 'Ruby' from South Korea to boost KG-D6 gas output. Ruby, a floating production storage and offloading vessel destined for Reliance Industries Ltd's MJ deep-water oil and gas development project in KG-D6 block, has set sail from South Korea, partner BP plc's CEO Bernard Looney said. MJ is the third and last

Reliance Retail contributed over 63% of sales of Future Consumer in FY22. Reliance Retail was the largest customer of Future Consumer Ltd (FCL) in FY22, contributing 63.06 per cent of its sales, according to the annual report of the Kishore Biyani-led Future group's FMCG arm. FCL is engaged in the business of sourcing, manufactu

'We need to stop dividing country; govt, industry need to do more'. Billionaire Nadir Godrej has said we need to "stop dividing the country" and urged the government as well as the industry to "do more" on this aspect. Godrej, the chairman and managing director of the diversified Godrej Industries, said we are doing very w

Six years of Jio: Tracing the telco's dominance in the Indian market. Jio, with 36 per cent market share, is the number one player in the segment

Twitter asks for Musk to turn over texts from first six months of 2022. The social-media company submitted the public proposed order in a Friday court filing in Delaware attached to a sealed request for sanctions against Musk and his lawyers

Actor Ranveer Singh joins Indian startup story, invests in SUGAR Cosmetics. Some of the investors backing SUGAR include L Catterton, A91 Partners, Elevation Capital and India Quotient

Alliance Air to hold Board meeting on Sept 16 to restore pilots' salaries. During the peak of the Covid pandemic, Indian carriers had cut the salaries of their employees to reduce losses. This year, while most of them have restored the salaries, a few are yet to do so

Chinese loan apps case: ED raids Razorpay, Paytm, Cashfree in Bengaluru. The Enforcement Directorate Saturday said it is conducting raids at Bengaluru premises of online payment gateways like Razorpay, Paytm and Cashfree as part of an ongoing probe against "illegal" instant smartphone-based loans "controlled" by Chinese persons

Top headlines: Indian economic growth by 2029, ED raids Paytm, and more. From India becoming third largest economy by 2029 to CBDT issuing refunds of over Rs 1.14 trn, here are the top headlines this evening

CII to hold infra-focused summit for East and NE states from Sept 12-13. A connectivity infrastructure-focused East India Summit will take place in Kolkata involving states of eastern and northeastern states to deliberate on critical aspects of regional prospects for investment. CII, the organiser of the summit, said it will be

Birla Corporation to expand cement production capacity to 30 MTPA by 2030. MP Birla Group firm Birla Corporation plans to increase its cement production capacity by 50 per cent to 30 million tonnes per annum by 2030, the company said in its latest annual report. The company, which has commissioned a greenfield unit at Mukutban, M

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