NSE share market NEWS tomorrow (29 August, 2022). NSE stocks in NEWS (tomorrow)
NSE share market NEWS tomorrow (29 August, 2022). NSE stocks in NEWS (tomorrow) These are NSE stocks which will be in NEWS tomorrow as on 29 August 2022
Mazagon Dock was amongst the top gainers, currently trading at 394.50 in NSE with 1.389 times change in volumes and 11.393% change in price. Other gainers included Himachal Futuristic with 3.908% price change and 3.672 times volumes, Colgate Palmolive with 3.739% price change and 9.71 times volumes, Bharat Heavy with 2.334% price change and 1.811 times volumes, and Jubilant Foodworks with 2.064% price change and 1.618 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.
Info Edge was amongst the top losers, currently trading at 4157.60 in NSE with 1.66 times change in volumes and -6.285% change in price. Other losers included Tata Elxsi with -5.114% price change and 0.985 times volumes, One 97 with -4.678% price change and 1.862 times volumes, Tech Mahindra with -4.606% price change and 2.331 times volumes, and Coforge with -4.103% price change and 1.91 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.
RIL plans Rs 2.75-trn investment; prepares for larger battle with Adani grp. Billionaire Mukesh Ambani on Monday announced a Rs 2.75 lakh crore investment plan to expand and diversify his USD 221 billion-empire by rolling out 5G services from October, adding capacity in the core oil and chemical business and taking on rival Gautam
L&T Tech Services wins 5-year deal from BMW Group in infotainment domain. Engineering services firm L&T Technology Services announced on Monday that it has won a five-year, multi-million-dollar deal from European luxury automaker BMW Group to provide high-end engineering services for its suite of infotainment consoles targeted f
SSBA Innovations scraps Rs 105-cr IPO plans; withdraws draft papers. SSBA Innovations, which runs tax portal TaxBuddy, has decided to withdraw its Rs 105 crore Initial Public Offer (IPO). This has become the fourth company to abandon its planned IPO so far this year. Earlier, Stitched Textiles, which owns leading men's wear
Bharat Petroleum targets net zero, 10 GW of renewable energy by 2040. Bharat Petroleum Corporation Ltd, India's second-largest oil refining and fuel retailing firm, plans to scale up its renewable energy portfolio to 10 GW by 2040 - the year it is targeting net-zero carbon emission, chairman Arun Kumar Singh said on Monday.
Reliance to develop new smartphone with Google in -bn 5G push. Phone being developed with Google would be "ultra-affordable", says Mukesh Ambani
RIL AGM: Mega expansion in new energy biz, Rs 75,000 cr for petchem. Chairman Mukesh Ambani also announces new gigafactory for power electronics, RIL set up India's first Carbon Fibre plant at Hazira with a capacity of 20,000 tonnes a year
Delhi HC junks arbitral award directing Antrix to pay 0 million to Devas. Justice Sanjeev Sachdeva on Monday said the arbitral award of September 14, 2015 was plagued with patent illegalities and fraud and was also in conflict with the public policy of India
Input cost hike compresses India Inc's margin by 213 bps in Q1: Report. India Inc saw a 39 per cent jump in top lines during April-June quarter but their operating margins declined 213 basis points to 17.7 per cent due to input cost inflation, a report said on Monday. While companies passed on higher input costs in the form of
Ahead of festive season, Amazon, Flipkart scale-up facilities across India. E-commerce firms such as Amazon, Flipkart, and others witnessed blockbuster festive season sales of about .2 billion last year
Reliance Retail will launch FMCG business this year: Isha Ambani at RIL AGM. Business Standard accessed a presentation, which includes the brands it has taken to general trade
Ambani announces 5G launch by Diwali, Rs 2 trn investment for digital play. Jio is working with Google to develop an affordable 5G-enabled phone and also tied up with Qualcomm to build solutions and infrastructure for 5G services in India and abroad
BoI takes Future Lifestyle to NCLT under bankruptcy code for due recovery. FLFL - in its filing with the BSE - said Saraf and Partners, advocates, on behalf of BoI, has served a petition under Section 7 of the IBC 2016
Harsh Shah steps down as CEO of NYSE-listed RE firm Azure Power. Rupesh Agarwal, formerly with CESL and BDO, to take reins of Azure
RIL's O2C business gets leg-up with Rs 75,000-cr investment over 5 years. World's largest carbon-fibre and PTA plants planned; 1 MMTPA PET unit at Dahej
Vi 5G launch to depend on use case, customers demand, competitive dynamics. Debt-ridden telecom operator Vodafone Idea's 5G services launch will depend on several factors such as use cases, customer demand, competitive dynamics etc., a senior official of the company said on Monday. While speaking at the 27th annual general meeting
Loss on petrol ends; continue to incur loss on diesel sales: BPCL chairman. A moderation in international oil prices has helped Indian fuel retailers to break even on petrol and domestic cooking gas LPG but they continue to lose money on diesel, the most used fuel in the country, an official said on Monday. State-owned fuel retail
Fundsmith Emerging Equities sells Thyrocare shares worth Rs 36 crore. An entity on Monday offloaded 5.88 lakh shares of diagnostic chain Thyrocare Technologies Ltd for Rs 36 crore through an open market transaction. Fundsmith Emerging Equities Trust Plc sold 3,20,000 shares on BSE and 2,68,707 shares on NSE, amounting to a 1
HP completes .3-bn acquisition of hybrid work solutions provider Poly. HP Inc announced the completion of its .3 billion acquisition of Poly, a leading global provider of workplace collaboration solutions
Reliance Jio eyes 100 mn homes through its 5G fixed wireless access. Will be one of the world's largest players in this space once live
RIL 45th Annual General Meeting 2022: What to expect; where to watch. In its 2021 AGM, RIL announced the launch of JioPhone Next and the entry of the company into the green energy sector with a budget of Rs 75,000 crore
Companies using stay interviews to contain high attrition rates: Report. In the stay interviews, companies have a conversation with their employees to show that they are important to the organisation
Are we allowed to transfer shares to Adani Group firm: NDTV's Roys ask Sebi. NDTV had earlier said Sebi had restrained the Roys from buying, selling or otherwise dealing in securities, directly or indirectly, for a period of two years, ending on November 26 2022
Akasa Air issues apology after data breach, says no intentional attempt. Akasa Air suffered a data breach, allowing unauthorised individuals to view data of some of its customers, India's new airline has admitted
Vodafone Idea denies report alleging data leak of 20 mn postpaid customers. After a cyber-security research firm claimed that call data records of around 20 million customers of Vodafone Idea was leaked and accessed by cyber-frauds, the telecom operator has denied the breach
RIL's initial bid for Metro Cash & Carry India at Rs 5,600 crore: Report. Thailand's CP Group has placed a bid of about Rs 8,000 crore, or billion, to acquire Metro Cash & Carry India
Govt may invite financial bids for BEML privatisation in December quarter. The government is likely to invite financial bids for the privatisation of BEML in the December quarter, an official said. Earlier this month, the corporate affairs ministry approved the demerger of land and non-core assets of BEML to BEML Land Assets Ltd.
After energy and transmission, investment major KKR launches highway InvIT. Its InvITs have a combined value of .8 billion and cover 33 assets in 22 states
Foray into paints, B2B e-commerce are set to transform Grasim, says Birla. Both ventures complement existing businesses of Grasim; they cater to a large market, offer access to new customer pools, firm says
Samsung expands R-D innovation programme to 70 Indian engineering colleges. Samsung on Monday announced to expand its industry-academia programme to 70 engineering colleges in India, to help create a pool of talent for new-age R&D challenges.
BYJU's receives clean FY21 audit from Deloitte, to make it public next week. India's edtech startup BYJU's has finally received a clean report from auditor Deloitte on its financial results for FY21 that will be shared with the equity and debt investors next week
Centre may drop CEL sale amid ongoing money laundering case against bidder. A case is pending against Nandal Finance at NCLAT; RoC has also filed a winding-up petition against the firm
Ashok Leyland adds to Bada Dost range, will launch e-LCVs in six months. With superior power, mileage, payload, load body length and loading space, the Bada Dost i1 and Bada Dost i2 help customers earn more profit per trip
Apple likely to go for 'Reality' trademarks prior to AR headset launch. Tech giant Apple may use 'Reality' in the name and branding of its long-rumoured mixed reality headset, according to trademark applications
RIL AGM: Jio to invest Rs 2 trn in 5G; pan-India rollout by Dec 2023. Reliance Industries Ltd Chairman Mukesh Ambani on Monday announced a Rs 2 lakh crore investment in deploying fifth-generation or 5G telephony with rollout in metro cities by Diwali. Jio, the nation's largest telecom operator, has deployed standalone 5G sta
RIL AGM 2022: 5G in two months, FMCG business, other key announcements here. RIL's chairman Mukesh Ambani announced a slew of measures including the launch of 5G services in India in the next two months and the launch of a new Giga factory for power electronics
Retail to Isha, new energy to Anant: RIL chairman details succession plan. Billionaire Mukesh Ambani on Monday introduced daughter Isha as leader of his conglomerate's retail business as he details succession planning at India's most valuable firm. Ambani had previously named son Akash as chairman of the group's telecom arm, Reli
Santosh Iyer to lead Mercedes in India as Martin Shwenk moves to Thailand. Youngest and first Indian to be appointed for the top job
RIL to invest Rs 75k cr in petrochemicals, textile business: Mukesh Ambani. Reliance Industries Ltd will invest Rs 75,000 crore in the next five years to expand petrochemical capacity, its chairman Mukesh Ambani said on Monday. Speaking at the company's annual general meeting, he said the investments will be in setting up a PTA pl
Reliance to partner Qualcomm to develop 5G solutions: Ambani at 45th AGM. Reliance Jio, the nation's largest telecom operator, has partnered with Qualcomm to develop 5G solutions for India, Mukesh Ambani said on Monday. Speaking at Reliance Industries' 45th AGM, he said the firm is partnering with Google to develop ultra-afforda
45th Reliance AGM Meet 2022: New announcement, key points, and highlights. 45th Reliance AGM Meet 2022: RIL will partner with Meta, Microsoft, Google and Intel for the next-generation technology. 5G will roll out in India by October 2022. Read this article to know everything
WhatsApp rolls out in-app shopping product with JioMart. Check details. The new feature lets users in India shop for products from JioMart, and pay for them directly within the app
RIL AGM: Reliance Retail will launch FMCG biz this year, says Isha Ambani. Reliance Retail will launch its FMCG business this year, Reliance Retail Ventures Ltd Director Isha Ambani said on Monday. The objective of this business will be to develop and deliver products and solve every Indian's daily needs, with high quality produc
Grasim earmarks Rs 3,117 cr capex for existing business for FY23: Birla. Grasim Industries, the flagship company of Aditya Birla Group, would invest Rs 3,117 crore on its existing businesses in FY23, its Chairman Kumar Mangalam Birla said on Monday. This investment would be towards capacity creation and modernisation of plants.
Top headlines: Jio to invest Rs 2 trn in 5G; Reliance to launch FMCG biz. The objective of this business will be to develop and deliver products and solve every Indian's daily needs, with high quality products at affordable pricing
Meta partners with Reliance Jiomart to offer grocery shopping on WhatsApp. 'First-ever end-to-end shopping experience' on messaging platform, says Mark Zuckerberg
RIL AGM: Mukesh Ambani announces Rs 3.5-trn investments. RIL chairman said investment plans include Rs 2 trn on rapid rollout of 5G, Rs 75,000 cr in expanding O2C capacities across value chains and Rs 75,000 cr in new energy business
Prasol Chemicals gets Sebi's approval to raise Rs 800 crore via IPO. Specialty chemical company Prasol Chemicals has received capital markets regulator Sebi's go-ahead to raise as much as Rs 800 crore through an Initial Public Offering (IPO). The IPO comprises fresh issue of equity shares aggregating up to Rs 250 crore and
Swiggy Instamart delivered 50 mn egg, 30 mn milk orders in past two years. Some 62,000 tonnes of fruits and vegetables were ordered on Instamart during the past year. This is the weight of about 15,500 Asian elephants, Swiggy said
Mukesh Ambani makes succession clear to shareholders at Reliance AGM. Tycoon's three children, Akash, Isha and Anant, to lead separate business
Uber in India has more two- and three-wheeler ride demand than cabs. Introduced in 2019, Uber Auto and Uber Moto have seen a three-fold increase in demand after the coronavirus pandemic
RIL AGM 2022: Ambani to unveil 5G phone, spell out new, bigger energy plans. On 5G, RIL may provide a timeline on rollout of its 5G services in 13 cities; Analysts believe the firm may revive plans for an O2C demerger which was shelved last year
NDTV defers AGM by a week to on Sep 27 amid Adani group's open offer. NDTV has deferred its Annual General Meeting (AGM) by a week to September 27 in view of the open offer from the Adani group to acquire a 26 per cent stake in the media company, according to a regulatory filing. The New Delhi Television Limited (NDTV)'s AGM
Adani Group's firm plans to build 1,000-MW data centres in 10 years. Adani Group firm AdaniConneX is planning to build 1,000 megawatt data centres -- almost double the present size of the total industry -- over a period of 10 years, a senior company official said. AdaniConneX Senior Vice President and Head of Data Centre Bu
DGCA receives deregistration requests of two B737 SpiceJet aircrafts. Aviation regulator DGCA has received requests to deregister two more B737 aircraft leased to the carrier SpiceJet
Twin towers constructed as per plan approved by Noida Authority: Supertech. Realty firm Supertech on Sunday said the twin towers set to be demolished this afternoon were constructed as per the building plan approved by Noida development authorities and no deviations were made. Supertech added that the demolition of these two tower
Woodland aims Rs 1,200 crore sales in FY23, starts opening new stores. Footwear and performance apparel brand Woodland expects around Rs 1,200 crore in sales this fiscal, reaching its pre-Covid numbers as customers return to stores, said Aero Club Managing Director Harkirat Singh. Aero Club, which owns brands Woods and Woodla
SBI planning to invoke personal guarantees of Bajaj Hindusthan promoters. The company owes Rs 4,771 crore to banks and has already availed two debt restructuring schemes, leading to massive haircuts taken by lenders
Financial bids for Reliance Capital to be submitted on Mon as deadline ends. The bidders for Reliance Capital assets have to submit their financial bids by August 29 (Monday), as the final deadline for the submission of bids ends tomorrow
RIL to stream AGM on virtual reality platform, 5 social media platforms. Reliance Industries will on Monday broadcast its annual shareholder meeting simultaneously on a virtual reality platform as well as on five social media platforms as it takes another leap in digitally connecting people for its AGM. Reliance Chairman and Ma
CyberX9 says data of 20 mn postpaid customers of Vi exposed; telco denies. Multiple vulnerabilities in the system of telecom operator Vodafone Idea has exposed the call data records of around 20 million postpaid customers, cyber security research firm CyberX9 said in a report. Vodafone Idea (Vi), however, said there was no data b
Will continue to invest in India aggressively: Suzuki Motor President. India has become one of the most important countries for Suzuki Group, says Toshihiro Suzuki
Flipkart's social commerce arm Shopsy hits 100 mn users ahead of timeline. Top exec says about half of Shopsy's customers are new to e-commerce, market is large enough to onboard another 100 million users by next year on Shopsy
Axis Bank's stake likely to rise to 20% in 6-9 months: Max Life CEO. Axis Bank is likely to raise its stake in Max Life Insurance to about 20 per cent over the next 6-9 months, the insurance company's CEO Prashant Tripathy said. Currently, Axis Bank and its two subsidiaries Axis Capital Ltd and Axis Securities Ltd collect
Flipkart prepares for its biggest ever BBD, ramps up infra, hiring. May get 40-50 mn new users mostly from tier-3 and 4 towns; Flipkart also has operating warehousing space of 21 mn sq ft to enable faster deliveries
Major fire at Britannia's Pantnagar plant; no casualties reported. The factory was set up in 2010 at the Pantnagar industrial estate to avail the tax incentives offered by the central government under a special package for Uttarakhand and Himachal Pradesh
Suzuki Motor to invest Rs 18K cr for setting up EV battery unit, car plant. During an event at Mahatma Mandir in Gandhinagar on Sunday, Modi laid foundation stones for the EV battery unit at Hansalpur and Maruti Suzuki's upcoming manufacturing plant in Kharkhoda, Haryana
OVL gets another 2-yr extension for Vietnamese oil block in South China Sea. India's flagship overseas firm ONGC Videsh Ltd has got the seventh extension to explore for oil and gas in a Vietnamese block in the contested waters of the South China Sea, officials said. OVL, the overseas arm of state-owned Oil and Natural Gas Corporati
NDTV defers its annual meeting by a week amid Adani group's takeover bid. The media company said that the deferment was due to the processes required after the notice and public announcement of the open offer made by Vishvapradhan Commercial (VCPL)
Reliance's investor meet to focus on Mukesh Ambani's succession, spinoffs. Anticipation is high as the 65-year-old billionaire, who built Reliance into India's largest company by market value and a powerhouse conglomerate, has used the speech for series of big announcements
Top headlines: RIL investor meet, surplus parked with RBI falls, and more. Business Standard brings you the top headlines at this hour
Indo-Japan partnership in manufacturing can be best in world: R C Bhargava. With Maruti Suzuki proving to be a successful Indo-Japan collaboration, company Chairman RC Bhargava feels if the two countries work with full partnership and trust in the manufacturing sector, they would be the best in the world. Also, the growing partner
ED inquiry on CoinSwitch not linked to money laundering under PMLA: CEO. "Enforcement Directorate-Bengaluru has been engaged with us with respect to functioning of our crypto platforms/exchanges. We are fully cooperating with them," he said in a tweet thread.
Future Lifestyle Fashions Q1 loss narrows to Rs 136 cr, revenue down 8.4%. Future Lifestyle Fashions Ltd (FLFL) on Saturday said its consolidated net loss narrowed to Rs 135.96 crore in the April-June quarter of FY23. The company had posted a net loss of Rs 348.08 crore in the corresponding quarter a year ago, said FLFL, the fash
Sify aims Rs 3,500 cr revenue this fiscal, bullish on cloud services. IT services company Sify Technologies is bullish on the cloud services business and aims to clock revenue of Rs 3,500 crore in the current fiscal, a senior official of the company said on Saturday. Sify Technologies CEO Kamal Nath said that the company is
PM Modi to lay foundation of Maruti Suzuki's plant in Haryana on Sunday. Prime Minister Narendra Modi will virtually lay the foundation stone of Maruti Suzuki's new vehicle manufacturing plant at Kharkhoda in Sonipat district of Haryana on August 28. Haryana Chief Minister Manohar Lal Khattar said that after Gurugram and Manesa
Aksum Trademart plans to raise mn from investors to fund expansion plan. Aksum Trademart, a business-to-business (B2B) startup into raw material supply to MSMEs, plans to raise USD 25 million (about Rs 199 crore) from investors to fund its expansion plans. The company has hired a boutique investment banking firm to help raise c
Housing.com to invest Rs 40 crore on TV, digital advertising campaign. Realty portal Housing.com will invest Rs 40 crore in one year on a TV and digital advertising campaign, as it seeks to increase user base at its platform and simplify buy-sale and renting journey of consumers. "We have launched our new ad campaign that cap
Disney Star wins ICC media rights for next 4-year cycle in a close-loop bid. Disney Star won the deal following a single round sealed bid process and will be the home of all ICC cricket in India for the next four years
ICC auction: Disney Star retains media rights for bn till 2027. Disney Star won the closed-loop bid process after beating rivals such as Sony, Zee and Viacom18
Zomato integrates grocery delivery via Blinkit on main app in pilot test. The pilot test is currently being organised at select circles in Delhi-NCR, and after analysing the response, it will be expanded to other cities as well, according to company sources.
NHPC inks pact with Himachal Pradesh govt for 500 MW Dugar hydro project. State-owned hydro power giant NHPC has inked a pact with the Himachal Pradesh government for the implementation of 500 MW Dugar Hydroelectric Project in Chamba district. "Implementation agreement for 500 MW Dugar Hydro Electric Project located in Chamba di
DGCA to deregister two more SpiceJet aircraft on lessor's request. Earlier in August, DGCA had deregistered four SpiceJet planes after two lessors' requests
InterGlobe Aviation shareholders approve appointment of three directors. Shareholders of InterGlobe Aviation have approved the appointment of three directors and re-appointment of Anil Parashar as a director. At the annual general meeting of the company, the parent of the country's largest airline IndiGo, gave their nod for the
Air India to restore employees' pre-Covid salaries from Sept 1: CMD. Carrier to also revise layover allowances and meal arrangements for flight crew
WhatsApp privacy policy: SC ruling won't affect CCI probe, says Delhi HC. If SC upholds the Policy, CCI can ascertain whether or not the provisions of the Competition Act have been violated
AM/NS India to acquire infra assets from Essar Group for .4 billion. The ownership of port assets had been in courts since 2020 after AM/NS India moved the Gujarat High Court
No Sebi nod needed: Adani Group counters NDTV promoters' defence. VCPL said the contentions raised by RRPR Holdings in a letter are baseless, legally untenable and devoid of merit.
Despite headwinds from Ukraine war, India exhibits many bright spots: Birla. Despite global headwinds due to the ongoing Russia-Ukraine war and lingering post-pandemic challenges, the Indian economy has some "bright spots" to help sail through the choppy waters, industrialist Kumar Mangalam Birla said on Friday. Addressing sharehol
32 cos submit applications for design-led incentive scheme of telecom. As many as 32 companies have submitted applications for Design-led Incentive Scheme (DLI) and Production Linked Incentive (PLI) scheme of telecom, according to an official release. The Design-led Incentive scheme has received an "enthusiastic response" fro
Reliance Industries buys -million beach-side villa in Dubai. The family has been increasing its real estate footprint overseas, with all three siblings looking Westward for second homes, one of the people said
Parliament panel grills Twitter officials over data security, privacy. A parliamentary panel Friday questioned top Twitter officials over a whistle-blower's revelations on its India operations, and gave them a dressing-down as their replies on issue of data security and privacy were "not satisfactory", sources said. Top Twitt
Top headlines: S&P ups India inflation forecast, green hydrogen, and more. S&P Global Ratings raises India's inflation forecast to 6.8% for FY23. India Inc's next big thing could be green hydrogen
Debt ratio at Adani's green firm needs 'watching' as it soars to 95.3%. Gautam Adani owned company's debt-to-capital ratio has soared to 95.3%, a level that is on the "higher side" for a private company
IDBI Bank's CEO says the lender can recover .4 billion in bad loans. India is considering selling at least 51% of the billion bank, people familiar with the matter have said
IT firms cut staff bonuses as US, European clients tighten budgets. IT services firms are freezing or cutting staff bonuses, worried that tightening budgets at U.S. and European clients who are bracing for a recession will sharply hit their own profits
Instagram will automatically limit sensitive content for new teen users. In addition, Instagram said it is testing a new way to encourage teens to update their safety and privacy settings
Adani says regulatory curbs do not restrict bid to take over NDTV. NDTV sought to block tycoon Gautam Adani's move, saying its founders Prannoy and Radhika Roy have since 2020 been barred by the SEBI from buying or selling shares in India's securities market
Tesla wants videos of its vehicles crashing kid-sized dummies to be removed. The controversy surrounding the safety of Tesla's Full Self-Driving software has intensified as the car maker has demanded the removal of its electric vehicles crashing into kid-sized dummies videos
Sebi approval not needed for buying NDTV shares: Adani Enterprises. Says any subsequent attempt to return money received or original warrant certificate will have no legal effect on exercise of warrants by VCPL
NDTV shares continue to gain; hit upper circuit limit amid takeover bid. Shares of New Delhi Television Ltd (NDTV) hit the upper circuit limit for the third straight day in the opening trade on Friday. The company's shares have been rising after Adani group's hostile takeover bid with the announcement of an open offer on Tuesda
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