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NSE share market NEWS tomorrow (02 September, 2022). NSE stocks in NEWS (tomorrow)

NSE share market NEWS tomorrow (02 September, 2022). NSE stocks in NEWS (tomorrow) These are NSE stocks which will be in NEWS tomorrow as on 02 September 2022

Astral Poly was amongst the top gainers, currently trading at 2314.45 in NSE with 2.935 times change in volumes and 6.124% change in price. Other gainers included Pnb Housing with 5.47% price change and 3.947 times volumes, Adani Enterprises with 3.79% price change and 2.572 times volumes, Nhpc with 3.6% price change and 1.767 times volumes, and Himachal Futuristic with 3.174% price change and 5.389 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.

Tata Elxsi was amongst the top losers, currently trading at 8707.25 in NSE with 1.427 times change in volumes and -3.471% change in price. Other losers included Hindustan Petroleum with -3.07% price change and 0.921 times volumes, Cg Power with -2.976% price change and 3.224 times volumes, Bharat Petroleum with -2.837% price change and 1.436 times volumes, and Container Corporation with -2.656% price change and 1.702 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.

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

Adani Green could replace Dr Reddy's in Sensex during December review. If added, Adani Green will be the first stock from the group in Sensex. After the inclusion of Adani Enterprises by September-end, Nifty will have two Adani group constituents

Yamuna Kumar Chaubey gets charge of NHPC chairman and managing director. State-owned hydro power giant NHPC on Thursday said that its Director (Technical) Yamuna Kumar Chaubey has been given the charge of Chairman and Managing Director for three months beginning September 1. Abhay Kumar Singh ceased to be the Chairman and Manag

Investment in cell manufacturing to exceed billion by 2030: ICRA. 'The annual battery demand for stationary applications is also likely to grow at a rapid pace and be substantial'

Adani rejects NDTV contention that stake sale needs I-T Dept approval. Adani Enterprises said that the RRPR disclosure lacked bonafides and had no merit or basis either in law or in fact and was misconceived

Japan's Nippon Steel aims to almost double Indian unit's output capacity. The expansion plan comes despite a growing concerns about a slowdown in the global economy amid rising interest rates and weaker demand in top buyer China

GMDC to study economic viability of rare earth elements processing unit. State-run GMDC on Thursday said it is contemplating to conduct a study to determine the economic viability of setting up a rare earth elements processing unit in Gujarat. Rare-earth elements (REE) also known as rare-earth metals are crucial to developing g

ArcelorMittal, CPPIB among bidders for stake in NTPC Green Energy. ArcelorMittal, Brookfield and Canada Pension Plan Investment Board are among over a dozen entities that have evinced interest in buying stake in NTPC Green Energy Ltd, according to sources. NTPC Green Energy Ltd (NGEL) is a wholly-owned subsidiary of state

Adani rejects NDTV's claims that stake sale needs I-T Dept's nod. NDTV promoter group firm RRPR Holding has told VCPL, which along with two other Adani group firms has launched a hostile takeover bid for the media firm, that its stakeholding in NDTV has been provisionally attached by the I-T authorities and require their

Unacademy CMO Karan Shroff quits firm year after being made partner. CEO recently said edtech unicorn may see a funding dry spell for at least 12-18 months and it would cut costs

Olectra Greentech plans to raise Rs 800 crore via issuance of securities. Electric mobility firm Olectra Greentech on Thursday said its board has approved a plan to raise up to Rs 800 crore through issuance of securities. The company is looking to raise the amount through issuance of equity shares and /or through sale of securit

Windfall tax: Reliance Industries shares fall 3%; ONGC, Vedanta too decline. Shares of Reliance Industries fell nearly 3 per cent on Thursday after the government raised the tax on export of diesel and jet fuel (ATF) and hiked the windfall profit levy on domestically-produced crude oil. The market heavyweight stock declined 2.99 pe

Royal Enfield's total sales jump 53% to 70,112 units in August. Motorcycle maker Royal Enfield on Thursday reported a 53 per cent increase in total sales at 70,112 units in August, 2022. The company had sold 45,860 units in the same month last year, Royal Enfield said in a statement. Domestic sales were at 62,236 units

Dish TV stock jumps 20% as chairman Jawahar Goel announces exit. The stock touched an intra-day high of Rs 14.46 apiece on the BSE, closing trade at Rs 14.24 a share, up 19 per cent over the previous day's close

NTPC Ltd receives 13 bids for minority stake sale in Green Energy arm. NTPC has doubled its plan for non-fossil fuel sources based power to 132 Gw by 2032 at an estimated investment of billion

Profits elude Amazon India despite .5 billion investment: Bernstein. Faces 'immense competitive pressure' and 'unfavourable regulatory environment', says US research group

Adani Enterprises to enter Nifty 50 index in a new boost for Gautam Adani. Adani Enterprises will replace Shree Cement in the most tracked stocks gauge in India on September 30

SBI slashes India's FY23 growth forecast to 6.8% on way-below Q1 numbers. Chief economist at State Bank of India has revised downward the full-year growth forecast to a low 6.8 per cent from 7.5 per cent earlier for FY2023, citing "the way below GDP numbers for the first quarter". The National Statistical Office on Wednesday rel

Zee is in talks with CCI to get approval for merger with Sony Entertainment. As per the BARC data for the ongoing financial year (2023), the merged entity has 36 per cent TV viewership market share in the Hindi GEC segment, and 33 per cent in the Hindi movies channels.

Mike Frank elevated as CEO of UPL Ltd, to be a member of board of directors. Agriculture solutions provider UPL Corporation on Thursday said Mike Frank has been elevated as the chief executive officer (CEO) of UPL Ltd. Frank will also be a member of the UPL Crop Protection Board of Directors, the company said in a statement. UPL's

LIC intends to raise market share in non-participating biz: Chairman. Country's largest insurer LIC intends to raise its market share in non-participating insurance products as well as diversify the channel mix, a top company official said. Having a market share of 65 per cent, the state-owned life insurer offers 17 individu

Hero MotoCorp total sales jumps 1.92% to 462,608 units in August. Hero MotoCorp on Thursday reported a 1.92 per cent increase in total sales at 4,62,608 units in August 2022. The company had sold 4,53,879 units in the year-ago period, Hero MotoCorp said in a regulatory filing. Domestic sales were at 4,50,740 units as com

IndiGo plane enroute to Udaipur suffers engine vibrations; returns to Delhi. An IndiGo aircraft enroute to Udaipur returned to the national capital on Thursday due to "engine vibrations" and the plane has been grounded, according to a senior DGCA official. The Directorate General of Civil Aviation (DGCA) will probe the incident. Th

Aurobindo Pharma's arm to invest around Rs 300 cr for capacity expansion. Aurobindo Pharma on Thursday said its wholly-owned arm, CuraTeQ Biologics, plans to invest around Rs 300 crore on capacity expansion of biologics manufacturing facilities. The board of directors of CuraTeQ Biologics Pvt Ltd, at its meeting held on Thursday

Reckitt CEO resign on personal grounds; Durante to hold fort in interim. "The chairman and the nomination committee have begun the process to identify the best long-term candidate to take Reckitt on the next phase of its growth and transformation journey," the company said

TPG weighing majority stake sale in Fourth Partner Energy: Report. The private equity firm is working with an adviser on the deal, said the people.. A stake sale could value Fourth Partner at around 0 million, the people said.

RCap insolvency: Will creditors lose out in the resolution?. Monday was the last day for submission of bids for Reliance Capital assets sale after five deadline extensions. So, what is in the store for the lenders and other stakeholders, let us find out

NDTV says stake sale to Adani needs approval from tax authorities. NDTV said it had invited the Adani group's company to join its application to the tax authorities for clarification

Apple may launch new 'iPhone 14 Max' this year along with other models. However, the device could actually end up having a different name -- like iPhone 14 Plus

UK-based chip designer Arm sues Qualcomm, Nuvia over license violations. Arm said that both Qualcomm and Nuvia violated the licenses by using Arm's processor designs and architecture

As ad biz takes hit, Meta builds more paid features across its apps. According to The Verge, the new division is Meta's "first serious foray into building paid features across its main social apps"

8 in 10 Twitter accounts fake, claims top security expert as Musk laughs. Tesla and SpaceX CEO Elon Musk went after Parag Agrawal-led platform once again, after a top cybersecurity expert claimed that as high as eight in 10 Twitter accounts are fake

Sony-Zee merger can hurt competition, more scrutiny needed, CCI says. The Competition Commission of India's (CCI) Aug. 3 notice to the two companies stated the watchdog is of the view that a further investigation is merited

MG Motor India sales drop by 11.4% in Aug, blames supply chain volatility. MG Motor India on Thursday reported an 11 per cent decline in retail sales in August, hit by supply chain constraints. The company retailed 3,823 units last month as compared to 4,315 units in August 2021. "The volatility in supply chains continues to caus

SpiceJet shares fall 15% to hit one-month low on bigger quarterly loss. SpiceJet on Wednesday reported a net loss of 7.84 billion rupees (.50 million) for the quarter ended June 30, compared with a loss of 7.31 billion rupees a year earlier

Homegrown Twitter rival Koo lays off 40 employees in 'realignment' move. A Koo spokesperson told IANS thatAthe platform is at a phase of rapid growth as it steers digital inclusion for native language speakers

Promoter entity needs Income Tax dept nod for warrant conversion: NDTV. News network's founders Radhika and Prannoy Roy may individually require independent approval, it says

Bajaj Auto's total vehicle sales rise 8% to 401,595 units in August. Bajaj Auto total vehicle sales grew 8 per cent on an annual basis to 4,01,595 units in August, the company said on Thursday. The Pune-based automaker had sold a total of 3,73,270 vehicles in August 2021. Total domestic sales rose 49 per cent to 2,56,755 un

Crypto.com accidentally refunds over mn instead of to customer. Due to an unfortunate typo, cryptocurrency exchange Crypto.com mistakenly issued a customer A.5 million (.2 million) rather than the expected A0 (), media reports say

Escorts Kubota reports 7% rise in tractor sales for August; exports up 4%. Farm equipment manufacturer Escorts Kubota on Thursday reported 7 per cent rise in tractor sales at 6,111 units for August 2022. The company sold 5,693 tractors in the year-ago same period. Domestic tractor sales stood at 5,308 units as against 4,920 units

Delhi HC restrains Dominick Pizza from copying Domino's brand name. Domino's had sought the protection of its mark 'Domino's Pizza', its device mark, and logo

UPI processes over 6.5 billion transactions in August worth Rs 10.72 trn. Digital payment transactions value through UPI rose to Rs 10.73 lakh crore in August this year, up marginally from the previous month, data showed on Thursday. In July 2022, the UPI-based digital transaction value stood at Rs 10.63 lakh crore. The value of

Toyota Kirloskar says sales up 17.12% in Aug, cites 'unprecedented orders'. Automobile firm says it is holding orders for Innova Crysta's diesel variant after huge demand for MPV

Reckitt Benckiser says CEO Laxman Narasimhan to step down at end of Sept. Reckitt Benckiser said its Chief Executive Officer Laxman Narasimhan will step down at the end of September after three years in the role.

I-T dept detects Rs 250 cr 'black' income after Kolkata business group raid. The Income-tax department has detected "unaccounted" income of more than Rs 250 crore after it recently raided a Kolkata-based group engaged in manufacturing of power transmission and distribution equipments apart from few other businesses, the CBDT said T

IT firms increase scrutiny of employees amid moonlighting trend: Report. IT firms now have started to clamp down on such activities, as the companies think moonlighting affects employees' productivity and creates conflicts of interest

Profits elusive for Amazon India despite .5 bn investment: Bernstein. Company faces 'immense competitive pressure' and unfavourable regulatory environment, says US research group

Telcos, phone makers in discussion for affordable rollout of 5G: Report. Mukesh Ambani on Monday announced that RIL will invest Rs 2 trillion to launch 5G mobile internet services in India's key metro cities by Diwali

Skoda Auto India says wholesales rose 10% to 4,222 units in August. Skoda Auto India on Thursday said its wholesales increased 10 per cent to 4,222 units in August as compared with the same period last year. The company had dispatched 3,829 units in August 2021. The Czech carmaker said it has crossed 37,568 total sales mar

Maruti Suzuki's total sales increase 26% to 165,173 units in August. Automaker Maruti Suzuki India Ltd on Thursday reported a 26.37 per cent increase in total sales at 1,65,173 units in August 2022. The company had sold a total of 1,30,699 units in the same month last year, Maruti Suzuki India Ltd (MSIL) said in a statement

Bike Bazaar raises Rs 170 cr in equity funding for deeper rural penetration. Two-wheeler financing firm Bike Bazaar on Thursday said it has raised Rs 170 crore in equity funding for a deeper penetration into rural markets and to scale the marketplace business for sale and purchase of used two-wheelers. The fresh capital, as part of

Dish TV shares surge 20% as chairman set to exit after Yes Bank tussle. The company on Tuesday said Goel would not opt for a re-appointment on its board and independent director Bhagwan Das Narang would vacate office after his term expired

Tata Motors' total sales rise 36% in August; domestic sales up 41%. Tata Motors on Thursday said its total sales increased by 36 per cent to 78,843 units in August. The auto major had sold 57,995 units in the same month of the previous year. Its total domestic sales increased by 41 cent to 76,479 units in August. The compa

Ashok Leyland total vehicle sales jumps 51% to 14,121 units in Aug. Commercial vehicle maker Ashok Leyland's total vehicle sales, including exports, grew 51 per cent on an annual basis to 14,121 units in August, the company said on Thursday. The Hinduja Group flagship had sold a total of 9,360 vehicles in August 2021. The

Ashok Leyland bags order for supplying 1,400 school buses in UAE. Indian company says deal win by distribution partners 'reaffirms faith' in its buses

TVS Motor's sales rise 15% to 333,787 units in August, exports slip. TVS Motor Company on Thursday reported a 15 per cent growth in total sales at 3,33,787 units for August 2022. The company had sold 2,90,694 units in the same month last year, TVS Motor Co said in a statement. The total two-wheelers sales grew by 15 per cen

SpiceJet's plane returns midway due to 'autopilot' snag; DGCA to probe. A SpiceJet plane, carrying 89 passengers, that took off for Nashik from the national capital on Thursday returned midway due to an "autopilot" snag and aviation regulator DGCA will probe the incident, according to an official. The Boeing 737 plane landed s

SpiceJet stock recovers most of early lost ground; settles over 3% lower. Shares of SpiceJet recovered most of their early lost ground and settled over 3 per cent lower on Thursday. Earlier in the day, it tumbled nearly 15 per cent after the company reported widening of net loss at Rs 789 crore during the April-June quarter of F

Tata alters policies to consolidate group operations under one umbrella. In 2000, Tata first amended the Tata group retirement policy of 70 years to bring in younger leaders and remove older directors

IndiGo announces codeshare with Virgin Atlantic; to cover 7 cities in India. The codeshare will allow Virgin Atlantic passengers to book a single ticket to travel from London to Delhi or Mumbai, and then take IndiGo flight to these Indian cities

Molbio Diagnostics looking to expand test menu on its Truenat platform. The company is also open to raising funds and has been in talks with PE and VC funds for the same

Remember Campa Cola? It is set to return as Reliance Retail acquires brand. Reliance acquired Campa from Delhi-based Pure Drinks Group for around Rs 22 crore. It is expected to relaunch the drink in its iconic cola, lemon, and orange flavour in October

Casagrand forays into home building segment, plans 500 homes in 3 years. Realty firm Casagrand has unveiled an independent residential construction venture -- 'CASAGRAND PERCH', and announced plans to build 500 homes over the next three years under the new initiative. CASAGRAND Perch would be involved in designing of the reside

Twitter planned to raise profits by monetising adult content: Report. Twitter reportedly planned to monetise adult content on its platform this year, by allowing adult creators to sell subscriptions on the micro-blogging platform, and become profitable in a jiffy

Live security agents to help people during trouoblesome Uber rides. When a call or text exchange is requested, the agent can monitor an ongoing trip, stay in contact through the duration of the trip, and even reach out to 911 on the user's behalf

Udaan, Jiomart led India's B2B e-commerce market to reach 0 bn by 2030. India's B2B e-commerce market, led by players like Udaan and Jiomart, will reach -100 billion in gross merchandise value (GMV) by 2030, a report showed

NTPC gets shareholders' nod to raise up to Rs 12,000 cr via bonds. NTPC has got shareholders' approval to raise up to Rs 12,000 crore through issuance of non-convertible debentures on private placement basis. The resolution was passed with requisite majority in the annual general meeting held on Tuesday. The funds to be r

Local court in India sets aside lookout notice against Huawei India CEO. A condition has been imposed, that in case of resignation, retirement or cessation of employment, Huawei cannot release the severance package and other benefits without the court's prior approval

Virgin Atlantic expands India presence with codeshare agreement with IndiGo. The country's largest airline IndiGo and British carrier Virgin Atlantic on Wednesday announced a codeshare agreement. The agreement will allow Virgin Atlantic to sell seats to passengers connecting onto IndiGo flights. The initial codeshare destinations i

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