NSE share market NEWS tomorrow (05 September, 2022). NSE stocks in NEWS (tomorrow)
NSE share market NEWS tomorrow (05 September, 2022). NSE stocks in NEWS (tomorrow) These are NSE stocks which will be in NEWS tomorrow as on 05 September 2022
Suzlon Energy was amongst the top gainers, currently trading at 10.55 in NSE with 2.791 times change in volumes and 19.886% change in price. Other gainers included Tube Invest with 8.531% price change and 3.187 times volumes, Exide Industries with 8.156% price change and 10.378 times volumes, Solar Industries with 4.812% price change and 3.196 times volumes, and Idfc First with 4.634% price change and 2.286 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.
Syngene Internatio was amongst the top losers, currently trading at 578.35 in NSE with 0.841 times change in volumes and -2.643% change in price. Other losers included Kalyan Jewellers with -2.594% price change and 0.613 times volumes, One 97 with -2.544% price change and 2.429 times volumes, Godrej Consumer with -2.419% price change and 0.829 times volumes, and Abb India with -2.366% price change and 1.048 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.
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
SpiceJet likely to get funds under govt's credit guarantee scheme next week. SpiceJet, which is facing financial headwinds, is likely to receive around Rs 225 crore under the government's credit guarantee scheme next week, according to a source. Hit by high fuel prices and rupee depreciation, the budget carrier on Wednesday posted
Simpolo raises million from Motilal Oswal and India SME-managed fund. Simpolo group said that it would aim to use the funds to increase the market share and grow penetration in the market, both domestic and international
Peel Works to procure 100 EVs, replace delivery vehicle fleet to electric. Business-to-business commerce player Peel Works is probably the first firm that is planning to replace its entire fleet of fossil fuel-based delivery vehicles with electric ones and procure 100 EVs in the first phase. Peel Works, a Mumbai-headquartered B2B
Steel prices in India to remain under pressure over near future: Icra. Icra on Friday said it expects steel prices to remain under pressure in the country over the near future as the prices in the domestic market cannot be cushioned from the global trends. The rating agency also expects the steel demand in the domestic market
NDTV open offer date 'indicative', subject to Sebi nod: Adani Enterprises. The clarification came days after the company said its open offer for a 26 per cent stake in NDTV would tentatively open on October 17
Quick commerce not just a fad, here to stay, says Jefferies report. The Jefferies report was based on a visit to one of Blinkit's dark stores in NCR
Top headlines: RBI's Shaktikanta Das on bank capital, ITC m-cap and more. RBI Governor on economic uncertainties to Sri Lanka privatising its national airline, here are the top headlines
Olectra gets order for 100 electric buses from Assam State Transport Corp. Olectra Greentech Limited on Friday said it has received a Letter of Award from Assam State Transport Corporations for 100 electric buses. A press release from the firm said it is the first order bagged from North-Eastern states and the order is to be del
Air India to redesign flight schedules to improve OTP: CEO Wilson. Air India's on-time performance at four metro airports -- Bengaluru, Delhi, Hyderabad and Mumbai -- was 83 per cent in July: DGCA
'Middlemen' Swiggy, Zomato win once again, restaurants bear the brunt: NRAI. Association details the impact the new discount programmes of these two entities could have on eateries
IPO-bound MobiKwik's total income rises 80% to Rs 540 crore in FY22. IPO-bound fintech firm MobiKwik on Friday said its total income jumped 80 per cent to Rs 540 crore in the financial year ended March 2022. The company had recorded a total income of Rs 302.3 crore in 2020-21. MobiKwik said its contribution margin rose to R
NTPC registers growth of 62% in coal output from captive mines in Apr-Aug. NTPC has registered a 62 per cent growth in coal production from its captive mines, the state-run power producer said on Friday. NTPC continues to demonstrate an increasing trend in coal production from its captive mines, a company statement said. The coa
Blue Energy Motors unveils India's first LNG-fuelled green truck near Pune. Firm claims the engines generate high torque and help trucks deliver best-in-class total cost of ownership and offer unmatched ride comfort and safety for long hauls
Unionisation, first challenge brewing for Narasimhan as Starbucks CEO. Narasimhan holds a degree in mechanical engineering from the College of Engineering, University of Pune, India
TCS changes its hike structure, does away with anniversary hikes. The changes come at a time when the industry is seeing demand constraints from its majority market and budgets are under pressure and deals are taking time to close
SpiceJet likely to get Rs 225 crore next week under ECLGS to clear dues. The airline has been making losses for the last 4 years. Moreover, it is currently operating less than 50% flights, following the July 27 order DGCA in the wake of a spate of incidents.
Alliance Air pilots go on strike over salary, demad pre-covid level pay. A section of pilots of Alliance Air went on strike on Friday over salary issues, resulting in the cancellation of some flights, according to sources. Alliance Air, which is owned by the government, operates ATR planes. As per its website, Alliance Air conn
Fire-safety norms for Li-ion battery could push up e-scooter prices by 10%. The government on September 1, through a notification, mandated additional safety requirements for lithium-ion batteries, to come into effect on October 1
CPPIB, Petronas, Arcelormittal among 13 to bid for NTPC's green energy unit. The Canada Pension Plan Investment Board (CPPIB), Malaysian state-run Petronas and Arcelormittal SA are among the 13 bidders for a minority stake in the green energy unit of India's NTPC Ltd
Micron to invest bn by 2030 on semiconductor plant in Idaho's Boise. Micron will invest billion though the end of the decade on a new semiconductor plant in its hometown that the chipmaker said will create 17,000 American jobs. Sanjay Mehrotra, president and CEO of Boise, Idaho-based Micron, said his company's investmen
Starbucks Corp names former Reckitt head Laxman Narasimhan as new CEO. Narasimhan was CEO of Reckitt, which also makes Durex condoms, Enfamil baby formula and Mucinex cold syrup
Adani Group responds to NDTV's letter, terms it as "misconceived''. For the record, Adani Group announced the indirect acquisition of 29.2 per cent in NDTV on August 23, along with an offer to buy another 26 per cent from the open market
Google to extend third party billing to developers in India, other nations. Non-gaming developers in India now have the option of providing third-party billing systems to users. Developers in India have long been demanding Google Play allow third-party billing options
After decades of closure, ITC readies Nedou's hotel for launch in Srinagar. Nedou's have been the pioneers of the hospitality sector in Kashmir. They ran two properties in the Valley, one in Srinagar and the other in the Gulmarg ski resort
GMR Group to divest entire 40% stake in Philippines' Cebu airport. GMR Group on Friday said it will divest its entire 40 per cent stake in Cebu international airport in Philippines for an upfront payment of Rs 1,330 crore as well as earnouts to be received over a period of more than four years. The airport is being operat
Nissan eager to leverage US tax credit on electric vehicles: Report. Nissan will more aggressively push electric vehicles to take advantage of a new US law that gives up to USD 7,500 in tax credits, the Japanese automaker said on Friday. President Joe Biden signed the landmark climate change and health care bill into law la
Adani utility firm eclipses India giants in value with a rise of 125%. Market value of Adani Transmission now beats India's LIC, Bharti, ITC
Shell's CEO Ben van Beurden prepares to step down next year: Reports. During his tenure van Beurden oversaw Shell's biggest acquisition in decades and steered the company through two major downturns
Could an Indian airline be in race for SriLankan Airlines stake buy?. Even if things improve, it would be hard to keep funding the airline's operations, as the airline has been bleeding money for a while.
Sharp rise in e-scooter registrations, penetration close to inflexion point. Ather Energy leads with a 4x increase in registrations in August; Hero Electric crosses the 10,000 mark once again, after a gap of over four months
Indian Oil raises Rs 2,500 cr in debt at interest lower than sovereign. Indian Oil Corporation (IOC), the nation's top oil firm, raised Rs 2,500 crore in debt through non-convertible debentures (NCD) at an interest rate lower than government bonds, its director (finance) Sandeep Gupta said on Friday. "Today, Indian Oil fetched
GMR Infra to raise Rs 6,000 crore for cities around three airports. Group power company to raise Rs 3,000 cr separately
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