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NSE share market NEWS tomorrow (24 August, 2022). NSE stocks in NEWS (tomorrow)

NSE share market NEWS tomorrow (24 August, 2022). NSE stocks in NEWS (tomorrow) These are NSE stocks which will be in NEWS tomorrow as on 24 August 2022

Rbl Bank was amongst the top gainers, currently trading at 121.75 in NSE with 3.057 times change in volumes and 16.955% change in price. Other gainers included Varun Beverages with 6.99% price change and 1.793 times volumes, Abb India with 6.707% price change and 1.469 times volumes, Bandhan Bank with 5.587% price change and 4.808 times volumes, and Idfc First with 5.537% price change and 1.277 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.

Lupin was amongst the top losers, currently trading at 677.60 in NSE with 1.073 times change in volumes and -2.567% change in price. Other losers included Adani Green with -2.24% price change and 0.671 times volumes, Suzlon Energy with -2.235% price change and 0.581 times volumes, Hdfc Amc with -2.048% price change and 0.461 times volumes, and Mphasis with -1.967% price change and 0.649 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.

Vedanta not to prune -bn capex target for FY23: CEO Sunil Duggal. Oil-to-metals conglomerate Vedanta Ltd on Wednesday said that it will not prune its USD 2 billion capex target for the current financial year despite falling metal prices. Vedanta has planned a total investment of around USD 2 billion in its zinc, oil and

How an unpaid loan aided Adani firms to make hostile takeover bid for NDTV. Adani group's acquisition of 34-year-old broadcaster NDTV will help its owner Gautam Adani, the world's fourth-richest man, to join a club of global tycoons in the media business. But behind that acquisition is an unpaid loan that New Delhi Television's (N

Boeing says its Super Hornet fighter makes economic and operational sense. Reveals plans to indigenise components and sub-systems, bolstering its Make-in-India claims and building on a successful track record of contributing to India's indigenous aerospace and defence

Lupin gets USFDA approval for Formoterol Fumarate Inhalation Solution. Lupin on Wednesday said it has received approval from the USFDA for Formoterol Fumarate Inhalation Solution, used in treating symptoms of chronic obstructive pulmonary disease. The company has received approval from the US Food and Drug Administration (USF

Shapoorji Pallonji & Co to reduce debt by Rs 4,000 crore in FY23. Its consolidated external debt reduced by about Rs 13,500 crore during FY22 to Rs 23,475 crore as on March 31

Creditors file claims worth Rs 21,324 cr against Future Retail before IRP. Creditors of Future Retail Ltd have submitted claims worth Rs 21,324.18 crore against the debt-ridden company presently facing an insolvency resolution process. The financial creditors of the companies, which mainly include banks and financial institutions

Twitter reshuffles 'health' team amid spam bot, toxic content debate. The reorganization of the toxic content and spam teams "reflects our continued commitment to prioritize, and focus our teams in pursuit of our goals," a Twitter spokesperson said

Tata Sons may have to write off Rs 2,600 cr AirAsia India's losses: Report. Tata Sons will likely have to write off Rs 2,600 crore in form of accumulated losses for AirAsia India, which Tata Group-owned Air India has proposed to fully acquire

Maruti recalls 166 Dzire Tour S sedans over possible defects in ACUs. "The recall is being undertaken to replace ACUs, free of cost, in these vehicles," the company noted in a statement to BSE

CEO Parag Agrawal lashes out at ex-employee Zatko's claims about Twitter. Twitter's CEO Parag Agrawal has lashed out at the company's former head of security, Peiter 'Mudge' Zatko, saying his false claims are "riddled with inconsistencies and inaccuracies"

Control of NDTV not transferred to VCPL via loan agreement, says SAT. Against the backdrop of an attempted takeover of NDTV by Adani Media Works, a Securities and Appelate Tribunal (SAT) order of July 20, 2022 assumes significance

Asia's richest man Adani's conglomerate on deals spree in India, abroad. Indian billionaire Gautam Adani, Asia's richest man, is making his biggest media bet with a bid to buy a majority stake in New Delhi Television (NDTV)

SBICAP Securities name Deepak Kumar Lalla as its CEO, replaces Yadav. SBICAP Securities named Deepak Kumar Lalla as its managing director and chief executive, replacing Naresh Yadav

After Adani Group's acquisition, here's a look at the brief history of NDTV. NDTV was India's first private producer of news and current affairs shows. Founded by Radhika Roy and Prannoy Roy, it was incorporated on September 8, 1988, as New Delhi Television Private Limited

Target, acquirer, board of directors: Understanding a hostile takeover. While some people refer to Adani's acquisition of a stake in NDTV as a hostile takeover, others disagree. Read more to find out what a hostile takeover is

SaaS solutions provider RevSure.AI raises .5 mn in seed funding. The investment was led by Innovation Endeavors, with participation from angel investors

WealthTech firm Liquide raises .2 mn pre-seed led by M Venture Partners. Funds will be used to build a plug and play stock advisory layer to power existing brokerage accounts such as Zerodha, Upstox and Groww

Vistara to launch non-stop flights between Mumbai, Abu Dhabi from Oct 1. Full service carrier Vistara will start daily non-stop flights between Mumbai and Abu Dhabi from October 1. The airline, a joint venture between Tata group and Singapore Airlines, will use the A320 neo aircraft for the services. "We are delighted to expand

Major traders, banks cut business ties with Russia-backed Nayara: Report. Nayara per se has not been sanctioned as part of the international response to what Russia calls its 'special military action' against Ukraine but sanctions are in place against Rosneft.

How Adani Group moved stealthily to acquire NDTV stake: An explainer. At the heart of Adani Group's two-stage plan to snap up a majority stake in NDTV is a little-known Indian company called Vishvapradhan Commercial Private Limited, founded in 2008

Servify raises Rs 520 crore in new round; aims for IPO in two years. Servify, a company that manages lifecycle of devices for several smartphone vendors in many markets, on Wednesday said it has raised USD 65 million (around Rs 520 crore) in a round led by Singularity Growth Opportunity Fund. The startup, which serves globa

Mercedes expects 25% of its total India sales to be electric by 2025. Priced upwards of Rs 2.45 crore ex-showroom, the deliveries of the completely built unit model will commence next month

TVS to acquire 48% stake in two-wheeler startup DriveX for Rs 85 cr. TVS Motor Company on Wednesday said it will acquire 48 per cent stake in Narain Karthikeyan's pre-owned two-wheeler startup 'DriveX' for a consideration of Rs 85 crore. The company said it will acquire 48.27 per cent stake in NKars Mobility Millennial Solu

Adani Green's 2,021% debt-equity ratio is second-worst in Asia: Report. The Gujarat-based company's debt-to-equity ratio is only behind China's Datang Huayin Electric Power Co., which has a ratio of 2,452%, among 892 listed companies in Asia, according to Bloomberg data

Tinder owner Match ups CCI pressure on Apple in India with new case: Report. Match accuses Apple of 'monopolistic conduct' that forces developers to pay high commissions for in-app purchases; Match case has been clubbed with ongoing Apple probes, say sources

Uber India created Rs 44,600 cr in value for economy in 2021: Report. Study commissioned by ride-hailing firm says its services help riders, drivers and communities save money and time

Top headlines:Nitish wins trust vote; DreamFolks IPO sails through on Day 1. Adani Green Energy Ltd., one of the seven listed units of Gautam Adani's ports-to-renewables empire, has seen its debt-to-equity ratio balloon to the second-highest in Asia

Tata Neu, HDFC Bank partner to launch two co-branded credit card variants. Tata Neu customers can apply for the cards on the Tata Neu app and access its key details; Each of the two variants of the card will be available on both RuPay and Visa networks

AirAsia India to use CAE's AI training system to train pilot. CAE Rise enables translation of simulator training data into valuable insights for instructors.

Canara Bank to raise up to Rs 3,500 crore through Tier II bonds. Its last capital raise via Tier II bonds for Rs 2,500 crore was in December 2021 at coupon of 7.09 per cent

Mamaearth tops revenue growth among Hurun list of PE investee companies. Posts nearly 500% YoY increase, followed by integrated pharma firm Encude Ethicals, at 343%; Sequoia Capital is the top investor, Norwest Venture Partners and Tiger Global in second spot.

Adani to acquire 29.18% in NDTV; makes Rs 493-cr open offer for another 26%. This came as AMNL's wholly-owned subsidiary VCPL had warrants of RRPR Holding Pvt Ltd, the holding company of NDTV

Reliance Retail enters general trade with its own FMCG grocery brands. In the non-foods space, it has entered the personal care and home care business

Big tech under Parliamentary panel lens for alleged anti-competition play. Top execs of Indian arms of Apple, Google, Amazon, Netflix and Microsoft quizzed about impact of their business models on small players.

Get a masterclass on the art of scale-up from start-up wizards. Tech world's prime-movers set up Artha School of Entrepreneurship.

NTPC to raise Rs 2,000 crore through issuance of non-convertible debentures. State-owned power giant NTPC will raise Rs 2,000 crore through issuance of non-convertible debentures on a private placement basis on Thursday. The proceeds will be utilised for, inter alia, funding of capital expenditure, refinancing of existing loans and

Tata Motors signs PPA with Tata Power to develop onsite solar project. Tata Motors has signed a Power Purchase Agreement (PPA) with Tata Power to develop a 7.25 Mwp onsite solar project at its commercial vehicle manufacturing facility here. The project will be a significant move to increase the renewable energy portfolio at i

NDTV says exercise of rights by VCPL done without founders' consent. In a curious turn of events, NDTV has said that without any discussion with the New Delhi Television Limited (NDTV) or its founder-promoters, a notice has been served upon them by VCPL

Dunearn Investments pares 2% stake in Devyani International for Rs 482 cr. Dunearn Investments (Mauritius) Pte Ltd, a subsidiary of Temasek Holdings, on Tuesday divested over a 2 per cent stake in restaurant operator Devyani International for Rs 482 crore through an open market transaction. Devyani International is an omnichannel

Hindalco Industries earmarks about -bn capex over next 5 yrs: K M Birla. Hindalco Industries Chairman Kumar Mangalam Birla on Tuesday said the company has earmarked a total capital expenditure of about USD 8 billion over the next five years in its arm Novelis and India. Novelis has found potential investment opportunities of US

Alteria Capital in talks to raise up to Rs 3,500 cr for third fund. Alteria, counted among the top three venture debt firms in India, boasts of Rs 2,800 cr in AUM and a portfolio that includes at least eight startups valued at bn or above

McLaren to enter Indian market later this year, partners Infinity Cars. India is largely a low-cost and price-sensitive car market in which luxury models account for just over 1% of total annual sales of about 3 million

Air India, Air India Express to get new jets ahead of holiday season. Tata Group is planning to get six Boeing 777-2000 aircraft and 25 Airbus A320 Neo aircraft on lease by the first quarter of 2023 to expand the capacity of Air India and Air India Express

India's e-commerce firms hire more delivery workers for shopping season. Gig work employment, of which delivery workers and salespersons form a large chunk, is expected to reach 9.9 million in India in 2022-23, up about 45% from 2019-20

Apple employees launch petition over company's return-to-office stance. "We believe that Apple should encourage, not prohibit, flexible work to build a more diverse and successful company where we can feel comfortable to 'think different' together" the Apple petition said

Adani's ports-to-power conglomerate 'deeply overleveraged': CreditSights. The aggressive expansion pursued by the Adani Group, led by Asia's richest person, has put pressure on its credit metrics and cash flow, CreditSights said

Apple expands self repair programme to Mac notebooks with M1 chip. Self Service Repair for MacBook Air and MacBook Pro offers more than a dozen different repair types for each model, including the display, top case with battery, and trackpad, with more to come

Audi to hike prices by up to 2.4% next month as supply chain costs rise. German luxury carmaker Audi on Tuesday said it will increase prices of its entire model range by up to 2.4 per cent next month. The price hike is a result of rising input and supply chain costs and will come into effect from September 20, 2022, the automak

CCI keeping a close watch on PEs taking board seats in rival firms: Report. While the CCI has no issues with PEs owing minority stakes in rival companies, the watchdog wants these funds to choose only one firm in terms of board representation

SpiceJet exploring stake sale to raise Rs 2,000 cr, says CMD Ajay Singh. SpiceJet is looking to raise investments from external parties, including airlines, said Ajay Singh on the sidelines of an ASSOCHAM event

Canara Bank to raise up to Rs 2,000 cr via Basel-III Tier-II bonds. Canara Bank plans to raise Rs 2,000 crore, which includes Rs 1,000 crore through Basel-III Tier-II bonds maturing in 10-years, market participants said

NHPC, BEL ink pact to set up solar equipment manufacturing facility. NHPC on Tuesday signed an initial pact with Bharat Electronics Ltd (BEL) to set up a large capacity solar equipment manufacturing facility. "A Memorandum of Understanding (MoU) has been signed between NHPC and BEL...for setting up of gigawatt scale vertica

Chennai Petroleum Corp forms joint venture for Rs 31,580-cr refinery. Joint venture formed to implement 9 MMTPA refinery project at Cauvery Basin Refinery

Adani firms make open offer for acquiring 26% stake in NDTV for Rs 493 cr. AMG Media Networks Limited, the media arm of the Adani Group, will indirectly acquire 29.18% stake in NDTV

In-app purchase controversy: CCI to hear charges against Google this week. The three-member CCI panel, headed by Chairman Ashok Kumar Gupta, is likely to hear the matter daily later this week and is expected to pass the final order by September

Adani-owned Mangaluru Airport seeks hike in user development fee. The Adani Airports-owned Mangaluru International Airport (MIA) has sought an immediate increase of Rs 100 in user development fee (UDF) on domestic passengers to facilitate development activities. It has also requested permission to levy the fee on both ar

Zomato discontinues premium membership, aims to craft a new programme. The development comes at a time when Zomato acquired quick commerce company Blinkit on June 29 for Rs 4,447 crore in an all-stock deal

Private sector capex likely to lift off this fiscal, says RBI study. Loan sanctions at Rs 1.4 trn vs all-time high of Rs 4 trn in FY11

US biz growth in FY23 expected to be flat or low single-digit: Glenmark. Glenmark Pharmaceuticals expects growth of its US business to be flat or at low single digit in 2022-23 amid challenges of price erosion and unpredictable product approval by the USFDA, according to a senior company official. The company's North America bu

Tata Trusts to earn Rs 267 cr as dividend income from Tata Sons in FY22. Tata Sons, the unlisted holding company of Tata Group of companies, has announced a dividend of Rs 10,000 per share at the rate of 1,000 per cent

upGrad launches new upskilling programme; aims to enable 75,000 jobs. Bucking the slowdown trend within the edtech sector, upGrad said it has remained bullish with its program completion rate of 80 per cent

Auto component sector sees record turnover of Rs 4.2 trn in FY22: ACMA. The auto component industry in India exported components worth Rs 1.41 trillion in 2021-22, it said, adding that auto parts worth Rs 1.36 trillion were imported in 2021-22

Infosys reduces avg variable pay to 70% for Q1 amid margin squeeze: Report. India's second largest IT services company Infosys has scaled back the average variable payout of employees to about 70 per cent for the June quarter amid margin squeeze and high employee costs, according to sources. Recently, Wipro held back the variable

Exports of India's lab-made diamonds may hit bn amid rising US demand. Exports of polished lab-grown diamonds may double in the current financial year started April 1 from .3 bn in the prior year, says GJEPC vice chairman

Infosys cuts average variable payout to 70% for Q1 on margin pressure. Infosys reported its operating margin in Q1FY23 at 20.1% down from 21-23%. The overall expenses had surged more than 29 per cent due to higher retention costs and cross-currency headwinds.

At bn, Indian fintech sector now has 14% global funding share: Report. India's CAGR in the fintech sector grew by 20 per cent, which was higher than that of the US, the UK, and China which witnessed a growth of 16 per cent, 15 per cent, and 10 per cent, respectively

Adani maintains lead over Mukesh Ambani in market cap at Rs 19.44 trn. On Monday, Adani Group firms had a combined m-cap of Rs 19.44 trillion against Ambani's combined figure of Rs 17.89 trillion. The Tata Group tops the charts with an m-cap of Rs 21.73 trillion as on Mo

Toyota doubles down on hybrid bet in India, low-cost models to surface soon. Toyota plans to reboot its strategy for India, doubling down on a bet that emerging markets will welcome its hybrids, as long as the price is right

Credit Suisse names Dixit Joshi chief financial officer, replaces Mathers. Joshi will take over on October 1

Zomato stops renewals and new sign-ups on Zomato Pro: What has changed?. The spokesperson of Zomato said that they are working on a new program and are working closely with the customers as well as the partners for the same

Loan refinancing improves Adani-run Mumbai airport's liquidity: CRISIL. However, rating agency says strengths partially offset by risks associated with delay in tariff orders and air traffic

Credit Suisse dispute: How SpiceJet came close to getting wound up. SpiceJet has reached an out of court settlement with Swiss bank Credit Suisse over payment of dues

India's Brahmaputra Infrastructure soars 11% after .2 million order win. BENGALURU (Reuters) - Shares of Indian construction and engineering company Brahmaputra Infrastructure Ltd, jumped 11.31%, after the company said it received an order worth 1.77 billion rupees

Financial creditors to Future Retail place claims worth Rs 21,000 cr. 60% of such claims are from state-owned banks and other creditors, shows data on company's website

Top headlines: Dreamfolks IPO on Aug 24; China to offer loans to developers. Business Standard brings you top news of the day

Ikea to open small city outlets along with mega formats in India. Swedish furniture retailer IKEA plans to open small city outlets along with its mega format stores in India supported by online channel, tweaking its strategy in the wake of changing consumer behaviour, according to a senior company official. The company,w

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NSE share market NEWS tomorrow (24 August, 2022). NSE stocks in NEWS (tomorrow)

 

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