NSE share market NEWS tomorrow (18 August, 2022). NSE stocks in NEWS (tomorrow)
NSE share market NEWS tomorrow (18 August, 2022). NSE stocks in NEWS (tomorrow) These are NSE stocks which will be in NEWS tomorrow as on 18 August 2022
Indian Rail was amongst the top gainers, currently trading at 714.15 in NSE with 6.731 times change in volumes and 6.328% change in price. Other gainers included Adani Enterprises with 4.819% price change and 2.319 times volumes, Bharat Heavy with 4.558% price change and 4.354 times volumes, Odisha Cement with 4.485% price change and 3.732 times volumes, and Kotak Mahindra with 3.522% price change and 1.082 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.
Sbi Cards was amongst the top losers, currently trading at 957.85 in NSE with 0.961 times change in volumes and -4.292% change in price. Other losers included Sona Blw with -3.895% price change and 12.052 times volumes, Indian Energy with -3.621% price change and 2.22 times volumes, Apl Apollo with -2.971% price change and 0.702 times volumes, and Oil Natural with -2.936% price change and 2.714 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.
Bed Bath & Beyond rally fizzles out as billionaire plans to dump stake. Billionaire investor Ryan Cohen's investment vehicle RC Ventures intends to sell 9.45 million shares, a filing late on Wednesday showed
No fuss, no follow up: Sunil Mittal praises govt on spectrum allocation. Says this is a first in his over 30 years of first-hand experience with Department of Telecommunications
Zomato-owned Blinkit to deliver printouts at your home in 10 minutes. Zomato-owned Blinkit on Thursday announced to deliver printouts at your doorsteps in 11 minutes, a move that will be useful for parents and working professionals alike.
Wipro holds back employees' variable pay due to pressure on margins. IT company Wipro has held back variable pay of employees mainly due to pressure on margins, inefficiency in its talent supply chain and investment in technology, according to sources
Indian employees likely to see bigger salary hike in 2023, says report. Some of the sectors which have been included in the survey are- financial services, banking, and technology, media and gaming
Switch Mobility sees e-bus market tripling to 6,000 units next year. Switch India has already secured an order of 200 electric double decker buses in Mumbai and is looking at a dominant space in the electric double decker segment, across key regions in the country
Blackstone sells 13.6% stake in auto component maker Sona BLW for Rs 4k cr. Private equity firm Blackstone on Thursday divested 13.6 per cent stake in auto component maker Sona BLW Precision Forgings Ltd for over Rs 4,000 crore through open market transactions. The shares were picked up by the Government of Singapore and SBI Mutua
Have settled dispute: SpiceJet, Credit Suisse tell Supreme Court. The Swiss firm had filed a plea in the high court against the airline for non-payment of over million towards maintenance, repairing, and overhauling of aircraft engines and components in 2013
Don't implement one-charger plan until EU does: Industry to Centre. The industry bodies also said that the evidence-based policy making should be based on a thorough market and consumer research with a proper impact assessment on consumer ease against cost preference
CCI clears proposed merger of JSW Ispat, Creixent with JSW Steel. Fair trade regulator Competition Commission of India (CCI) on Thursday approved the proposal to merge Creixent Special Steels and JSW Ispat into JSW Steel. In May, JSW Steel announced the merger deal. JSW Steel and JSW Ispat are into manufacturing and sale
JK Tyre bullish on demand, hikes price by 6-7% to offset higher input costs. Optimistic about demand growth in the current fiscal, JK Tyre & Industries Ltd on Thursday said it has increased price by 6-7 per cent and a further hike is under consideration to reduce the raw material cost pressure. The leading tyre maker said EBITA has
Tata Power subsidiary raises Rs 2,000 crore in green energy push. The transaction is part of the Rs 4,000-crore investment announced in April by Tata Power for its green energy business
Wipro bags deal from UK government treasury, to deliver service integration. IT company Wipro Limited has bagged a multi-year contract to deliver service integration and management services to the UK government treasury. The service will enable seamless integration of IT services across multi-functional suppliers and partners, enha
Zomato-owned quick commerce firm Blinkit pilots print out service. Blinkit is charging an amount of Rs 9 per page for black and white printing and Rs 19 for coloured, according to media reports
NHPC Ltd inks pact to develop Nepal hydropower plant left by China. Officials said India's NHPC Ltd signed a memorandum of understanding (MOU) on Thursday allowing it to study details like feasibility, environmental impact, inundation of land and construction costs
Net profit of banks rose 37.1% to Rs 44,048 cr in Q1FY23: BoB report. The net profit of the banks rose by 37.1 per cent year-on-year to Rs 44,048 crore in the first quarter of the current financial year, according to a Bank of Baroda research report
Razorpay acquires Ezetap for 0 mn; forays into offline payments. Ezetap serves 500,000 touchpoints, including the likes of Amazon and BigBasket, works closely with India's largest banks and it processes over billion in annual transactions on its platform
CPRI inks MoU with Chhattisgarh govt to set up regional testing laboratory. The Bengaluru-based Central Power Research Institute (CPRI) on Wednesday signed a memorandum of understanding (MoU) with the Chhattisgarh government for setting up a regional testing laboratory in Raipur district, an official said. As per the agreement, th
Damani's budget grocery chain DMart eyes fivefold growth in heated market. Avenue Supermarts could scale up the chain known for its knockdown prices on everything from lentils to laundry powder to 1,500 supermarkets from 284
No fuss, no follow up: Mittal praises govt on quick spectrum allocation. Bharti Airtel received spectrum allocation letter within few hours of making upfront payment to the Department of Telecom, Bharti Enterprises founder and chairman Sunil Bharti Mittal said on Thursday. This is the first time ever that the Department of Tele
HDFC Bank opens first all-women branch in north Kerala's Kozhikode. Private sector bank major HDFC has opened its first all-women branch in north Kerala region in Kozhikode. The branch, located in Cherootty Road, the hub of traders in the district, will have 4 women bankers. This adds to all-women branches opened by the Ba
'Study abroad' platform Edvoy continues to expand; new office in Hyderabad. / -- Edvoy, a tech platform supporting and enabling international study abroad education, expands its presence in Hyderabad with new offices to accommodate its continued growth. The new office inauguration was done by Shri. Naveen Mittal (IAS), Commissione
Amid global crypto meltdown, Crypto.com lays off even more employees. Crypto lending exchange Crypto.com has laid off more employees in the second round and this time, the firing of employees is worse than the previous job cut, as the global crypto meltdown gets deeper.
HAL to open office in Kuala Lumpur to support Malaysian Defence Forces. Hindustan Aeronautics Limited has signed an MoU for establishing an office in Kuala Lumpur (Malaysia). The office in Malaysia will help HAL in tapping the new business opportunities for Fighter Lead-in Trainer (FLIT) LCA and other requirements of Royal Mal
Flipkart 0 mn venture fund invests in 6 startups, will mentor them. Companies with a range of innovations will receive an equity investment of up to 0,000
Attrition to remain high as millennials demand better pay, promotion: PwC. Most employees in India may not return to offices yet and are more inclined towards the remote and hybrid work model, shows PwC survey
HAL signs agreement establishing footprint in Malaysia to export weaponry. Aerospace giant preparing for likely success in exporting Indian Tejas Mark 1A fighter
Apple to release new iPhones, Watch Series 8 in early September. Tech giant Apple is set to hold its iPhone 14 event in early September that will unveil next-generation iPhones, Watch Series 8 and other products and services
Dunzo Daily to increase delivery time and reduce distance: Report. Company backed by Reliance Retail won't expand to new cities after burning more than Rs 100 cr in the last quarter
Lenders agree to RNTL-Reliance Industries' takeover deal: Report. Two years after the deal was approved by the NCLT, banks led by the State Bank of India (SBI) have agreed to issue a no objection certificate (NOC) to Mukesh Ambani-owned Reliance Industries
SpiceJet, Credit Suisse AG resolve financial dispute, inform SC. Low cost airline SpiceJet and Swiss firm Credit Suisse AG on Thursday told the Supreme Court they have resolved their financial dispute. The apex court then permitted SpiceJet to withdraw its appeal against a Madras High Court verdict ordering that the air
Tata Motors bags 921 electric buses contract from Bengaluru transport corp. Tata Motors on Thursday announced that it has won an order of 921 electric buses from Bengaluru Metropolitan Transport Corporation (BMTC). Under the larger tender by Convergence Energy Services Limited (CESL), Tata Motors will supply, operate and maintain
Maruti Suzuki aims to win over SUV buyers with enhanced version of Alto. India's biggest carmaker hopes to arrest this trend by targeting young buyers in large cities with its new Alto which is bigger than its predecessor
Lupin receives USFDA nod for rufinamide tablets to treat seizures. Pharmaceuticals firm Lupin Ltd on Thursday said it has received approval from the US health regulator to market its generic rufinamide tablets used in the treatment seizures. The approval granted by the US Food and Drug Administration (USFDA) is for the ab
Tata's RE arm raises Rs 2k cr by issuing shares to BlackRock-backed firm. Tata Power arm Tata Power Renewable Energy on Thursday said it raised around Rs 2,000 crore by issuing 8.36 crore equity shares to BlackRock-backed GreenForest New Energies Bidco, according to a regulatory filing. Earlier in April this year, BlackRock Real
Amid demand for SUVs, Maruti launches new generation of small car Alto K10. New K10 will be sold alongside the Alto 800; it comes with both five-speed manual and automatic gear shift
Office space leasing more than doubles in July across 7 cities: JLL India. Total office space leasing in July jumped over twofold annually across seven cities to 8.8 million square feet, according to JLL India. Real estate consultant JLL India in its 'Aggregate Monthly Office Lease Tracker' said the total leasing stood at 3.9 mil
Slowing economy affected profits, wages but investments upbeat in FY20. Annual Survey of Industries shows that firms' GVA shrank 3.4%, while GFCF touched 8-year high
Tata Motors to supply 921 electric buses to BMTC, inks 12-yr contract. Tata Motors on Thursday bagged an order to supply 921 electric buses to the Bengaluru Metropolitan Transport Corporation (BMTC).
Amazon likely testing TikTok-like feed on its app, says report. With an aim to generate more engagement on its platform, tech giant Amazon is likely testing a TikTok-like vertical photo and video feed in its app internally.
India adds record 7.2 GW solar capacity in Jan-Jun 2022: Mercom India. Solar capacity installations in the country rose by 59 per cent to record 7.2 gigawatt (GW) during first half of 2022, according to Mercom India Research. In January-June or H1 of 2021, the country had added 4.5 GW solar capacity, the research firm's 'Q2 2
DOLO-650 makers distributed freebies worth Rs 1,000 cr to doctors: FMRAI. The petitioner, while seeking statutory backing to the Uniform Code of Pharmaceutical Marketing Practices (UCPMP), said that corruption in pharma marketing practices is yet unregulated in India
Jio gained 4.2 million new users in June, Airtel added 0.79 million: Trai. In contrast, Airtel only added 0.79 million customers while Vodafone Idea continued its losing streak as it shed 1.8 million users
Swiggy appoints Rohit Kapoor as CEO for its Food Marketplace business. With over 20 years of industry experience, Kapoor has held various leadership positions in sales and finance roles in leading companies such as Max India Limited and Mckinsey & Company
Akasa Air has strong financials to place order for more planes: CEO. The Jhunjhunwala family holds stakes in the airline through three discretionary trusts
'High ATF prices, rupee depreciation may pose threat to carriers' recovery'. Elevated Aviation Turbine Fuel (ATF) prices and Rupee depreciation are likely to pose a serious threat to the recovery process for domestic carriers, credit ratings agency ICRA said on Wednesday. In India, ATF accounts for around 45 per cent of the operati
Blackstone to sell Sona BLW's shares worth nearly Rs 4,000 cr on Thursday. About 13.6% stake in Sona BLW Precision Forgings is likely to be sold via block deals on Thursday
Retail businesses grew 18% in July as compared to pre-Covid level: Survey. In July 2022, growth in sales compared to the pre-pandemic period (July 2019) was noticeable across regions, with sales in eastern India growing to 25 per cent
Telcos pay Rs 17,873 crore as first instalment of 5G spectrum dues. Airtel makes advance payments for 4 years to free up capital
IBBI likely to issue more regulations by August-end to streamline CIRP. The Insolvency & Bankruptcy Board of India (IBBI) on Wednesday said it will issue some more regulations after getting elaborate feedback from the public in the form of discussion papers floated recently. The new set of regulations will aim at further strea
After Amazon, Flipkart fined for allowing sale of poor quality cookers. CCPA has directed Flipkart to recall all such 598 pressure cookers sold on its platform, reimburse their buyers, and submit a compliance report within 45 days
Unacademy founder Gaurav Munjal and Relevel deny report of layoffs. "No layoffs. We have moved some team members to other Businesses of the Group though. Team worked really really hard to ensure that we find a role for everyone," Munjal tweeted.
Indian venture debt platform 8vdX expands to UK, Singapore and Australia. An Indian technology-enabled venture debt platform for early stage start-ups on Wednesday announced its expansion to the UK market. 8vdX said its aim is to offer cross-border venture debt, or a type of finance, to start-ups through local entities in the ne
Zomato-backed Shiprocket raises .5 mn, becomes India's 106th unicorn. The logistics technology platform was valued at around .2 billion with the fresh round of funding
Telecom user base grows to 1.17 bn with Jio taking lead in new addition. Telecom subscriber base in the country grew marginally to 117.29 crore in June with Reliance Jio adding maximum number of new customers, according to data released by sector regulator Trai on Wednesday. There were 117.07 crore subscribers in May 2022. "The
Cactus Venture aims to raise Rs 750 cr by Dec to invest in clean-tech firms. Early stage venture capital fund Cactus Venture Partners expects to raise Rs 750 crore by December and plans to invest the amount in clean-tech, and health-tech companies, among others. Out of the total amount, the VC fund has raised Rs 350 crore. "The fun
RBL Bank offloads over 12% stake in Kilburn Engg since May for Rs 17 cr. RBL Bank on Wednesday said it has offloaded over 12 per cent stake in Kilburn Engineering since May for a total consideration of over Rs 17 crore. The private sector lender had acquired 67,50,000 equity shares of Kilburn Engineering (Kilburn) under a debt
Adani group gets provisional approvals for renewable energy projects in SL. Adani Green Energy was issued provisional approvals for two wind power projects in northern province for an investment of over $ 500 million, Sri Lanka's Energy Minister Kanchana Wijesekara announced
We will rapidly expand our operations in India: Foxconn Chairman Young Liu. Foxconn's commitment to India can be seen as a strong push by Taiwan to improve ties with other nations as China steps up its military belligerence near the island nation
Ex-Amazon Techie Joins ACKO as VP Engineering, Purple Quarter aided search. India's fastest-growing InsurTech company, ACKO has onboarded Gaurav Gupta as the Vice President of Engineering. Bespoke CTO Search firm, Purple Quarter continued to be ACKO's preferred partner.
S Chand and Company Limited continues robust growth, EBITDA up by 158%. / -- S Chand and Company Limited, one of India's leading education content companies and market leaders in the K-12 segment has announced robust financial numbers in Q1FY23. HIGHLIGHTS OF CONSOLIDATED BUSINESS Consolidated business represents the performan
E-commerce solution provider Graas raises mn in funding round. Graas, a solution provider the for e-commerce industry, said on Wednesday that it has raised more than million in the first close of a funding round.
Airtel pays Rs 8,312 crore ahead of schedule for 5G spectrum dues. Telco had acquired 19,867 MHz of spectrum in various bands worth Rs 43,084 crore in recent 5G auction
EV charging start-up Exponent Energy raises mn in series A funding. Exponent Energy, an electric vehicle charging start-up, said has raised million in a Series A funding round led by Lightspeed and attended by institutional investors.
EV charging start-up Exponent Energy raises mn in series A funding. Exponent Energy, an electric vehicle charging start-up, said has raised million in a Series A funding round led by Lightspeed and attended by institutional investors.
Investment firm Stride Ventures closes second India fund at 0 mn. Stride Ventures, announced the close of its second India fund at 0 million for investments in consumer, financial technology, agriculture technology, B2B commerce and other sectors.
Apple lays off 100 contract recruiters to help slow spendings: Report. Tech giant Apple has laid off about 100 contract-based recruiters in the past week in an effort to slow hiring and spending, media reports say
Chai Point aims to become profitable in 2 qtrs, will expand business: CEO. Bengaluru-based startup plans bigger business for its brewing system and packaged product divisions.
Akasa Air is well-capitalised, to add one aircraft every two weeks: CEO. Vinay Dube said the airline was well-capitalised to induct 72 aircraft over next 5 years, while mourning the death of Akasa's top backer and ace investor Rakesh Jhunjhunwala who passed away on Sunday
Samsung logs over 50,000 pre-bookings for Galaxy Fold4, Flip4 in India. Samsung has witnessed a robust demand for its fourth-generation of foldables in India, registering more than 50,000 (5 million) pre-bookings for Galaxy Fold4 and Galaxy Flip4.
AI selects RateGain to adjust ticket prices with real-time airfare data. Air India has selected technology company RateGain to provide its product called 'AirGain' that will assist in dynamically adjusting ticket prices with real-time, accurate and high-quality airfare data, a statement said on Wednesday. Tata Group-owned Air I
Top headlines:Airtel makes Rs 8k-cr spectrum payment; ECLGS corpus enhanced. New entrant Akasa Air is financially strong enough to place an aircraft order in the 18 next months that will be significantly larger than its first, its founder and CEO Vinay Dube said on Wednesday
Reliance Jio, Voda step up hiring as 5G related job postings rise 65%. As India and other countries take firm steps to adopt 5G, the number of job postings by telcos related to 5G increased by 65 per cent last month, from 5,265 job postings in January to 8,667 in July
Interline agreement: Jetstar passengers can now book seat on IndiGo flights. Passengers of Australian low-cost airline Jetstar can now book seats on IndiGo flights as an interline agreement between the carriers went live on Wednesday, according to a statement. "As demand for air travel continues to recover, Jetstar customers lookin
ONGC inks agreement with ExxonMobil for deepwater exploration in India. The collaboration areas focus on the Krishna Godavari and Cauvery Basins in the eastern offshore and the Kutch-Mumbai region in the western offshore
ReNew Power raises billion through ECB for battery-enabled project. Gurgaon-based ReNew Power has raised a -billion project loan through external commercial borrowings, tying up with 12 international banks for the finance.
CCPA fines Flipkart for allowing sale of substandard pressure cookers. The Central Consumer Protection Authority (CCPA) on Wednesday said it has imposed a penalty of Rs 1,00,000 on e-commerce player Flipkart for allowing the sale of substandard domestic pressure cookers on its platform. Speaking to PTI, CCPA Chief Commissione
Adani Logistics acquires inland container depot for Rs 835 crore. The deal is subject to customary regulatory and lenders' approvals and is expected to close in the second quarter of 2022-23
NTPC floats tender to raise Rs 5,000-cr term loan, bids invited till Aug 31. "We hereby seek participation of Banks/FIs (Financial Institutions) for the subject RFP (Request For Proposal for raising Rs 5,000 crore term loan)," a document said.
UTI AMC's shares soar 15% on reports of Tata AMC eyeing 45% stake. According to reports, Tata AMC plans to acquire the shares held by four public sector undertakings (PSUs) in the fund house that manages assets worth Rs 2.24 trillion
Logistics unicorn Ecom Express sets up warehouse to serve Bengaluru. Fulfilment centre will create close to 1000 direct and indirect jobs, says company
Kalanithi Maran, SpiceJet ready for mediation to settle dispute: SC told. Businessman claims airline promoter committed breach of trust by not transferring shares
Rare Enterprises-backed Concord Biotech files IPO papers with Sebi. Concord is among the leading manufacturers of fermentation-based biopharmaceutical APIs
Future Lifestyle Fashions Q4 loss widens to Rs 1,879 cr; revenue falls 27%. The company said it incurred losses primarily due to "provision for diminution of investments, doubtful provision for receivables, the lower sales volumes, finance costs and depreciation".
SBI starts insolvency process against sugar firm Bajaj Hindusthan at NCLT. State-owned SBI has filed an insolvency petition against the country's largest sugar firm Bajaj Hindusthan Sugar Ltd. SBI as a financial creditor has filed the plea before the Allahabad bench of the National Company Law Tribunal (NCLT). In a regulatory fil
SpiceJet settles dispute with lessor, seeks Rs 200-cr loan to clear dues. The airline on Tuesday announced that it had entered into a settlement with the lessor and its affiliates over a payment dispute related to three Boeing 737 aircraft
Mahanagar Gas cuts PNG and CNG prices on higher supply from govt. The price of PNG has been reduced by Rs 4 per standard cubic metre to Rs 48.50 per SCM, while that of CNG by Rs 6 a kilogram to Rs 80 per kg, as per an official statement
Teenagers' share in India's gig sector grows 8 times in last 4 yrs: Report. Around 40% of the gig workers now come from the age group of 16 to 23, says a study by Taskmo, an on-demand staffing platform
IKEA's retail operator to invest 500 mn euros to open city centre in Noida. In India, IKEA has opened smaller stores within city limits as it aims to be closer to the customer
Future Consumer Ltd defaults on Rs 52-crore debenture repayments. Future Consumer Ltd (FCL) has defaulted on the payment of Rs 51.85 crore towards principal and interest due on non-convertible debentures, a regulatory filing said on Tuesday. The default which happened on August 15, 2022, includes an interest amount of Rs
Bajaj Electricals elevates Anuj Poddar as Managing Director, CEO. Consumer durable products maker Bajaj Electricals on Tuesday elevated its Executive Director Anuj Poddar to Managing Director and Chief Executive Officer (CEO). The company has separated the post of Chairman & Managing Director and its patron Shekhar Bajaj
State Bank of India launches first branch dedicated to start-ups. The branch will provide services ranging from the stage of formation of start-ups to Initial Public Offerings and Follow-on Public Offerings, SBI said
Snapchat+ reach 1 mn subscribers, users can now get noticed by celebrities. Snap has announced that its premium service Snapchat+ has reached 1 million subscribers and the platform has begun rolling out new features to allow users to customise their experience.
SpiceJet enters into settlement with aircraft lessor Goshawk Aviation. Goshawk Aviation Limited is one of the main lessors of Max aircraft of SpiceJet, the airline's statement noted
Warner Bros Discovery lays off nearly 14% of its workforce at HBO, HBO Max. Warner Bros Discovery (WBD) has laid off nearly 70 workers, or 14 per cent of its workforce, at HBO and HBO Max streaming service.
Fairfax group-backed Digit Insurance files draft papers for India IPO. India's Digit Insurance, backed by Canadian billionaire Prem Watsa's Fairfax Group, has filed for an initial public offering, papers submitted to the market regulator showed on Tuesday.
Adani Logistics acquires ICD 'Tumb' in Vapi from Navkar Corporation. Adani Logistics has signed a definitive agreement to acquire the ICD "Tumb" (Vapi) from Navkar Corporation Ltd for an enterprise value of Rs 835 crore
Balaji Solutions files draft papers with Sebi to raise funds via IPO. IT hardware and mobile accessories firm Balaji Solutions has filed preliminary papers with capital markets regulator Sebi to raise funds through an initial public offering (IPO). The public issue consists of a fresh issue of equity shares worth up to Rs 12
Firms in India expected to give 10% hike in 2023; highest in APAC: Report. Companies in India are expected to give a salary hike of 10 per cent in 2023 as they struggle with rising attrition in the tight labour market, according to a report
Wockhardt initiates phase-III clinical study of new antibiotic candidate. Pharmaceutical firm Wockhardt Ltd on Tuesday said it has initiated a global Phase III clinical study of its new antibiotic candidate WCK 5222, which will be completed in 18 months
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