NSE share market NEWS tomorrow (17 August, 2022). NSE stocks in NEWS (tomorrow)
NSE share market NEWS tomorrow (17 August, 2022). NSE stocks in NEWS (tomorrow) These are NSE stocks which will be in NEWS tomorrow as on 17 August 2022
Bajaj Finserv was amongst the top gainers, currently trading at 16840.30 in NSE with 6.199 times change in volumes and 5.809% change in price. Other gainers included Trent with 4.592% price change and 1.08 times volumes, Icici Lombard with 4.591% price change and 2.36 times volumes, Bank Baroda with 4.155% price change and 1.508 times volumes, and Sbi Cards with 4.098% price change and 7.237 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.
Rural Electrification was amongst the top losers, currently trading at 105.50 in NSE with 2.281 times change in volumes and -23.217% change in price. Other losers included Sona Blw with -5.479% price change and 5.15 times volumes, Uno Minda with -3.121% price change and 2.352 times volumes, Apl Apollo with -2.855% price change and 0.998 times volumes, and Hindustan Zinc with -2.592% price change and 0.581 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.
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
Ratan Tata invests in senior citizen companionship-as-service startup. Ratan Tata announced an undisclosed investment into startup Goodfellows that offers companionship to senior citizens as a service
SC to consider mediation plea to settle SpiceJet & Kalanithi Maran dispute. The Supreme Court said it would consider a joint request for mediation of low-cost airline SpiceJet and media baron Kalanithi Maran and his Kal Airways for amicably settling all pending disputes.
IndoStar Capital considers selling stake in housing finance unit. Private equity-backed company losses have raised concerns about its stability
Govt plans 'leniency plus' regime for strict probe into cartels: Report. The central government is planning to introduce a "leniency plus" programme in a bid to encourage companies, under investigation for one cartel, to report other cartels that are not known to the CCI
Fairfax-backed general insurance firm Go Digit files DRHP for IPO. Unicorn will be first general insurer to be listed on the bourses in five years
TATA Steel PGTI Players Championship returns to Coimbatore after 8 years. The TATA Steel PGTI Players Championship 2022 return to the city after 8 years with the likes of Khalin Joshi, Manu Gandas, Shamim Khan and defending champion K Prabagaran leading the list of entries.
Unicorn status to WeWork co-founder's real estate startup 'Flow' pre-launch. WeWork co-founder and former CEO Adam Neumann receives 0 million funding from top investment fund Andreessen Horowitz (a16z) for his upcoming business named Flow
Indian Oil aims to restart Paradip refinery from mid-Sept: Report. Indian Oil Corp will restart crude processing at its 300,000 barrel per day Paradip refinery in eastern Odisha state from mid-September after a 45-day maintenance turnaround
ICICI Sec, Axis Cap among 5 bankers to manage govt's HZL stake sale. Also, HDFC Bank and IIFL Securities will act as investment bankers and work with the government and handle the share sale offers, the official said.
Air India picks Meta software 'Workplace' for intra-company communications. Air India said it has chosen business communication platform Workplace from technology giant Meta so that there is a simple and effective way for all levels of the company to interact with each other
Amul, Mother Diary hike milk prices by Rs 2 due to rise in procurement cost. The hike -- which comes days before Janmashtami celebrations and months ahead of the flush season when milk supplies usually rise -- may impact household budgets
Paytm and Samsung collaborate to deploy smart PoS devices across India. Digital financial services firm Paytm on Tuesday said it partnered with Samsung stores to facilitate smart payments as well as its loan service through deployment of point of sale devices
Top headlines: WPI inflation eases to 5-month low; Go Digit files for IPO. Gujarat Cooperative Milk Marketing Federation (GCMMF), which markets its dairy products under the Amul brand, on Tuesday increased prices of its Gold, Taaza and Shakti milk brands by Rs 2 per litre.
Macroeconomic factors unlikely to stall tech modernisation: Mindtree CEO. Macroeconomic and geopolitical developments are unlikely to turn back or stall business-critical technology modernisation, IT services firm Mindtree's CEO Debashis Chatterjee has said
GIC, Capital Group buy KKR's entire stake in Max Health; stock surges 12%. KKR sold the entire 26.8% stake worth Rs 9,400 cr as part of its exit strategy
Hines plans to develop 90 mn sq ft office building in Mumbai foray. In a statement on Monday, Hines said it has entered into the Mumbai office market with a new development that will feature a 30-storey grade A office building
Indiabulls Real Estate cuts its net debt by 54% to Rs 464 crore. In the investor presentation IBREL said its net debt stood at Rs 464 crore at the end of June quarter, as against Rs 1,005 crore as on March 31, 2022
ABFRL looking at FY23 with cautious optimism, says Kumar Mangalam Birla. 'The Indian economy is headed towards a steady recovery and as the vaccination drives progress, consumers are expected to get back to shopping with renewed confidence'
Kotak's maiden FoF eyes first close with Rs 500-crore commitment. It also intends to invest some money into co-investment opportunities available from such investee funds
RIL, Nayara face windfall profit tax on local supplies alongside exports. The government on July 1 levied Rs 13 per litre additional excise duty on diesel exported out of India
Not getting probed for any financial irregularity: Trell co-founder. Influencer-led video commerce platform Trell is not being investigated for any financial irregularity, said its co-founder Pulkit Agrawal as he looks to steer the startup to reach break-even by the end of current fiscal. Opening up on reports of a cohort o
Lupin revising product portfolio in US to overcome price erosion impact. Homegrown pharmaceutical firm Lupin Ltd is rationalising its product portfolio in the US, transitioning from simple oral solid medicines to more complex generics to overcome the impact of price erosion witnessed in the market, according to the company's CE
Independence Day Offer: Airtel, Jio prepaid plans, validity, and benefits. Airtel and Jio users will get great benefits, validity, and plans on the 75th Independence day of India. Read this article to know everything about plans, validity, and benefits.
Hyundai Motors ranks third in global vehicle sales in 2022 first half. South Korea's Hyundai Motor Group said on Monday it ranked third in first-half global vehicle sales on increased high-end model sales despite the lack of automotive chips
Independence Day: AAI commits to growth of airports infrastructure in India. The Airports Authority of India celebrated 76th Independence Day with patriotic fervour and zeal and expressed its commitment to the growth of airport infrastructure in the country
Income tax e-filing, GSTN portals working 'pretty well': Infosys CEO. The income tax e-filing and GST Network portals are working "pretty well" and the systems are running effectively, Infosys CEO Salil Parekh said
Ola Electric to enter electric car segment; to launch first model by 2024. Ola's first electric car will have the capability to accelerate from 0-100 kmph in four seconds and will have a range of more than 500 kilometers per charge, says CEO Bhavish Aggarwal
BPCL to spend Rs 1.4 trn on petrochemicals, gas business in next five years. BPCL, which owns 20,217 out of 83,685 petrol pumps in the country, is looking at not just selling petrol and diesel at bunks but also providing EV charging as well as fuels of the future like hydrogen
Bullish on retail, Lulu Group plans to develop more shopping malls in India. Shibu Philips, Director-Shopping Malls of Lulu Group India, said the Indian retail market is still "under-utilised" with the share of organised retail being still low.
M&M inaugurates its state-of-the-art EV design studio in the UK. Anand Mahindra, Chairman, Mahindra Group inaugurates Mahindra Advanced Design Europe (M.A.D.E) at Banbury, Oxfordshire
Deloitte audit report very soon as BYJU's files FY21 tax returns: Report. BYJU's, which faced intense scrutiny recently over several issues, made multiple acquisitions in FY21 and each of these acquisitions had a different accounting style and year
KKR to sell entire 26% Max Healthcare stake for Rs 9,416 crore today. American PE major exits from hospital chain after acquiring the stake in 2018
Top headlines: Ola Electric to produce EVs in 2024; SBI hikes MCLR. SBI's overnight, one-month, and three-month MCLR stands at 7.35 per cent; six-month is at 7.65 per cent; one-year at 7.70 per cent; two-year at 7.90 per cent; and three-year MCLR stands at 8 per cent
Suzlon looks to raise Rs 1,200 cr in FY23 from rights issue, says CFO. It is looking to raise up to Rs 1,200 crore through a rights issue of shares by the fiscal-end to pare the refinanced debt of Rs 3,000 crore, its Chief Financial Officer Himanshu Mody told PTI.
Bharat Biotech says Phase 3 trial over, intranasal vaccine 'safe'. The Hyderabad-based company claimed that BBV154 is proven to be safe, well-tolerated and immunogenic in the subjects under controlled clinical trials
PM's vision of techade, push for 5G, chips to boost tech sector: Industry. Homegrown mobile maker Lava's Hari Om Rai said the electronics and tech industry envisions creating 6 crore direct and indirect jobs with more than trn contribution to the country's GDP by 2033.
Mike Novogratz's Galaxy Digital terminates .2-bn acquisition of BitGo. "We are committed to continuing our process to list in the US and providing our clients with a prime solution that truly makes Galaxy a one-stop shop for institutions," he added.
On 75th I-Day, M&M unveils e-mobility plan with five new electric SUVs. The brands will be manifested through five e-SUVs under XUV.e8, XUV.e9, BE.05, BE.07 and BE.09
'Would never acquire a loss-making business': Ola CEO on merger with Uber. The Covid-19 pandemic has hurt the transportation industry. But Ola said it is one of the most profitable ride-hailing companies in the world with a strong balance sheet
IndoStar Capital Finance back in black in Q1 with net profit at Rs 61 cr. Company's net revenues during April-June quarter of FY23 were up by 32 per cent at Rs 167 crore as against Rs 126.6 crore in same period of FY22, IndoStar Capital said in a release.
Promoter of DFM Foods expresses interest to delist shares of the company. As on date, the promoter-AI Global Investments, hold 73.7 per cent stake in the company
Ola Electric unveils one of India's 'fastest' cars; 0-100 Km/h in 4 seconds. Ola Electric has laid out its vision to become a vertically integrated electric mobility player across two-wheeler and passenger vehicle segments
Six of top 10 companies add Rs 1.56 trn to m-cap; RIL biggest gainer. The combined market valuation of six of the 10 most valued companies surged by Rs 1,56,247.35 crore last week, with Reliance Industries Ltd (RIL) emerging as the biggest gainer
Founders built incredible organisation; Infosys in stable position: Parekh. Salil Parekh, has praised the company's founders for building an "incredible organisation", and exuded confidence that the firm which "has always been solid" will "continue with that stability.
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