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NSE share market NEWS tomorrow (16 May, 2022). NSE stocks in NEWS (tomorrow)

NSE share market NEWS tomorrow (16 May, 2022). NSE stocks in NEWS (tomorrow) These are NSE stocks which will be in NEWS tomorrow as on 16 May 2022

Idea Cellular was amongst the top gainers, currently trading at 9.40 in NSE with 2.709 times change in volumes and 12.575% change in price. Other gainers included Avenue Supermarts with 10.23% price change and 3.423 times volumes, One 97 with 8.902% price change and 1.297 times volumes, Fsn E with 8.634% price change and 0.897 times volumes, and Eicher Motors with 7.617% price change and 4.306 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.

Amber Enterprises was amongst the top losers, currently trading at 2703.60 in NSE with 12.651 times change in volumes and -19.999% change in price. Other losers included Aditya Birla with -4.998% price change and 3.493 times volumes, Inox Wind with -4.553% price change and 0.722 times volumes, Ultratech Cement with -2.965% price change and 2.148 times volumes, and Sona Blw with -2.6% price change and 0.615 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.

Blockchain gaming industry concerned over TerraUSD, Luna crash. Game companies with products featuring virtual coins and other blockchain functionalities remain on heightened alert over adverse effects from the recent collapse of the TerraUSD and Luna

Found no merit in whistleblower complaints, says Aditya Birla Capital. A news report on Monday said a 16-page whistleblower complaint alleging corruption, insider trading and front running at Aditya Birla MF was sent to the board of Aditya Birla Capital

Honasa buys majority stake in skincare co Dr Sheth's at Rs 28 cr valuation. The founder of Dr Sheth's will continue to lead the business and product innovation

Lenovo launches new ThinkCentre Neo desktops promising better performance. Lenovo on Monday announced its new 'ThinkCentre neo' portfolio of desktop computers in India, promising performance boost over the previous generation, better power management capabilities

Avenue Supermarts shares rally over 10% after net profit rises in Q4. Shares of Avenue Supermarts Ltd, which owns and operates retail chain D-Mart, on Monday rallied over 10 per cent after the company reported a 3.11 per cent increase in consolidated net profit in Q4

Adani offers to buy 26% of Ambuja Cements, ACC from open market. Billionaire Gautam Adani is buying Switzerland-based Holcim AG's cement businesses in India for .5 billion

Paytm Mall pivots to build on ONDC as primary focus, explore exports scope. Alibaba and Ant Group exit Paytm Mall

Raymond Q4 net profit soars over four-fold at Rs 265 cr; income up 43%. The company had posted a net profit of Rs 58.36 crore during the January-March quarter of the previous fiscal, Raymond said in a regulatory filing

Canara Bank eyes 8-10% loan growth; rise in corporate credit this fiscal. State-owned Canara Bank is expecting an 8-10 per cent growth in advances as well as a healthy double-digit rise in corporate loan portfolio in the current financial year,

Parallel Dots raises .5 mn in Series A round led by Btomorrow Ventures. Firm will use proceeds for product innovations leveraging evolving technology, and harness the power of AI to help CPG makers grow and navigate digital disruption better

Indian tablet market grows 68% in March 2022 quarter; Lenovo leads. The tablet market in India grew 68 per cent year-on-year in the first quarter ended March 2022, with Lenovo leading the chart, a Cybermedia Research report released on Monday said.

Adani to become India's No. 2 cement maker with .5 billion Holcim deal. (Reuters) -Indian conglomerate Adani Group plans to buy Holcim AG's cement businesses in India for .5 billion, its largest-ever acquisition, to become the country's No. 2 cement manufacturer.

Faulty handling of passenger by IndiGo ground staff, says DGCA probe. Tighter norms likely for carriage of persons with disability

Jet's flying permit likely to be revalidated this week: DGCA official. Jet Airways, which is set to conduct its final phase of proving flights on Tuesday, is expected to get its Air Operator Certificate (AOC) revalidated this week, according to a senior DGCA official.

Multiple initiatives boosted 4G experience for customers in Delhi-NCR: VIL. Vodafone Idea on Monday said it has boosted the 4G experience of its customers in the national capital region, with multiple network initiatives that spurred better indoor coverage and faster speeds.

After .5-bn deal, Adani makes open offer for Ambuja and ACC stake. On a combined basis, this would be among the largest open offers in the history of India's capital markets

Why may Tata Sons have chosen Campbell Wilson to lead Air India?. Air India's new owners are on-boarding aviation veteran Campbell Wilson as the new chief. Who's Campbell Wilson? How can his 26 years of aviation experience help the turbulent airline? Let's find out.

Paytm not to acquire Raheja QBE; to apply for new general insurance licence. The agreement was terminated by Paytm Insuretech as the share sale and purchase transaction was not consummated within the time period envisaged by the parties under the agreement

Tata Power bags NHPC's solar project worth Rs 1,731 cr in Rajasthan. Tata Power Solar Systems on Monday said it has bagged 300 MW solar project worth Rs 1,731 crore from state-owned NHPC. "Tata Power Solar Systems, one of India's largest integrated solar companies and a wholly-owned subsidiary of Tata Power, bagged an orde

Capgemini acquires Chappuis Halder to boost financial services biz. Technology services major Capgemini on Monday said it has acquired Chappuis Halder & Cie (Chappuis Halder), a global strategy and management consulting firm, for an undisclosed sum.

Bharat Forge consolidated net profit surges 9.3% to Rs 232 crore in Q4FY22. The company had posted a consolidated net profit of Rs 212.12 crore in the same period of the preceding fiscal, Bharat Forge

Share India Securities Q4 PAT jumps over two-fold to Rs 76 crore in Q4FY22. It registered 52 per cent rise in its revenue at Rs 294.82 crore for the January-March quarter of FY22 from Rs 194.35 crore in the same period of previous fiscal

Holcim to use proceeds from India sale for lower carbon acquisitions. Over the last 15 months Holcim has spent 5 billion Swiss francs (.99 billion) on a string of companies outside the cement market as it pivots towards building products like roofing and mortars.

DGCA says IndiGo staff handled child boarding incident inappropriately. DGCA says IndiGo prima facie found in violation of regulations; show cause notice issued

84 workers at 42 airports found drunk on duty between Jan '21-Mar '22: DGCA. While many of the workers who failed the alcohol tests were employed by airport operators, a significant section of them were employed by other companies which work at the airport

Escorts lines up Rs 400 cr capex for FY23; eyes higher exports in 5-6 yrs. The company, which has started exporting electric tractors to markets like the US and Europe, expects it to contribute up to 15 per cent of its overall overseas shipments in the next five to six years

HCL Tech to double headcount in nearshore locations in 3-5 yrs: CEO. HCL Technologies had recently reported over three fold jump in its consolidated net profit for fourth quarter ended March 2022 at Rs 3,593 crore

India adds 8.8 mn new jobs in April; yet inadequate to meet demand: CMIE. It may be useful to note that the 8.8 million increase in April comes after a 12 million fall during the preceding three months: CMIE

Created over 1 mn jobs in India, enabled nearly bn in exports: Amazon. These jobs are across industries like IT, e-commerce, logistics, manufacturing, content creation, skill development and more

Godrej Properties adds 7 projects with expected sale value of Rs 9,500 cr. Mumbai-based Godrej Properties purchases land outright as well as forms partnerships with land owners for future development

Reliance to acquire several brands in over Rs 50,000 cr consumer goods play. Reliance, run by Indian billionaire Mukesh Ambani, plans to build a portfolio of 50 to 60 grocery, household and personal care brands within six months

Airtel to set up digital tech hub in Pune, hire 500 people by FY23 end. Airtel is looking to hire across multiple experience and domains Big Data, Machine Learning, Dev Ops, Tech ops, etc

Amazon created more than 1.16 mn jobs, digitised 4 mn MSMEs in India. The firm said it focused on creating a robust infrastructure to help Indian businesses address customers in over 200 countries and territories

84% employees feel organisation culture improved since Covid begun: survey. Around 84 per cent of employees globally say the organisation's culture has improved since the start of the pandemic, an EY Survey said

Google to remove nearly 900,000 abandoned apps from Play Store. Tech giant Google is preparing to purge nearly 900,000 apps, which have been abandoned or not been updated, from the Play Store.

Neuberg Diagnostics to double its labs in next two years: Chairman. Diagnostics chain Neuberg Diagnostics has plans to double its laboratories and touchpoints from present 150 labs and 1,000 touchpoints present across globe in next two years, company official said

Paytm says lending business now at annualised run-rate of Rs 20,000 cr. Digital payments Paytm said its lending business saw a 449 per cent increase in number of loans disbursed in April and business now has an annualised run-rate of Rs 20,000 crore

Adani group to buy 49% stake in Quintillion Media for undisclosed amount. Adani Enterprises will pick a 49 per cent stake in Raghav Bahl-curated digital business news platform Quintillion Business Media Pvt Ltd for an undisclosed sum, according to a regulatory filing.

Adani nears - bn deal for controlling stake in Holcim India business. The Adani Group is hammering out the final details of a billion deal for 63.1% of Ambuja Cements Ltd. along with related assets

Adani group wins race to buy Ambuja Cements, ACC for .5 bn from Holcim. Group outbids Ultratech and JSW group to enter the industry and also emerge as the country's second-largest cement manufacturer

Paytm lending business records annualised run-rate of Rs 20,000 cr in April. Offline payments business accelerated as total number of devices deployed jumped to 3.2 million, with 0.3 million devices deployed in April

Jet Airways conducts first set of three proving flights. Jet Airways on Sunday conducted the first set of three proving flights with 18 people, including officials of the aviation regulator DGCA, on board the aircraft, sources said.

M-cap of eight biggest firms falls over Rs 2.48 trn; Reliance biggest drag. The market valuation of Reliance Industries tumbled Rs 1,30,627.7 crore to reach Rs 16,42,568.98 crore.

Top headlines: Railways-coal sector rift continues, 5G phones for Rs 10,000. Business Standard brings you the top headlines at this hour.

Debt-ridden Future Retail's Chief Financial Officer C P Toshniwal resigns. Last week, Future Retail's Managing Director Rakesh Biyani stepped down, while officials including the company secretary of the debt-ridden firm tendered resignation

Delhi court grants bail to Wadhwan brothers, ex-promotors of DHFL, in scam. A Delhi court has granted bail to Dheeraj Rajesh Wadhawan and Kapil Rajesh Wadhawan, ex-promoters of Dewan Housing Finance Corporation Ltd (DHFL) in the alleged multi crore scam case.The Additional Sessions Judge Reetesh Singh while granting bail on Friday

NTPC's 20 MW solar capacity begins commercial operation at Kawas in Gujarat. With this, the standalone installed and commercial capacity of NTPC has reached 54,616.68 MW

DMart Q4 results: Standalone net profit rises 7% to Rs 466 crore. Standalone revenue rose 18% to Rs 8,606 cr

Vistara launches fast-track security clearance for biz travellers at London. Vistara has at London's Heathrow airport launched a fast-track security clearance mechanism for business class passengers who have to depart on its flight to Delhi.

UAE telecoms group e& buys 9.8% stake in Vodafone for .4 billion. The move comes days after e& said it was looking to expand into new markets in Africa, Europe and Asia and in areas outside telecoms such as financial technology as its seeks to drive growth

Shipping Corporation of India Q4 net profit jumps 77% to Rs 152 cr. Shipping Corporation of India (SCI) on Saturday reported a 77.42 per cent jump in its consolidated net profit to Rs 152.16 crore for the fourth quarter ended March 2022.

SII, Symbiosis to set up research centre for vaccine development. Serum Institute of India on Friday said it has signed an agreement with the Symbiosis International University earlier this month to set up a research centre for vaccines and biologicals. The R&D (Research & Development) centre will lead the development of

SBI posts record quarterly profit of Rs 9,114 cr, misses Street estimates. The bank's profit growth was mainly due to improvement in its net interest margins and a sharp decline in loan loss provisions

Bank of Baroda registers net profit of Rs 1,779 crore in March quarter. IPO of the bank's life insurance arm, IndiaFirst Life, likely this financial yr

Bandhan Bank Q4 net soars to Rs 1,902 crore; NII up 45% to Rs 2,539.8 cr. In the previous quarter, it had earned net profit worth Rs 859 crore

Maruti to invest Rs 11,000 cr to set up largest facility at 800-acre site. New plant, with capacity to make 1 million cars in a year, to come up in Haryana

Union Bank Q4 net up 8.26% on improvement of net interest margins. It had posted a net profit of Rs 1,330 crore in Q4FY21

Myntra's vice president and head of marketing Achint Setia to move on. He had brought 17 years of expertise in scaling businesses in consumer tech and media to the organisation

UCO Bank Q4 net profit jumps over 3-fold to Rs 312 cr as bad loans fall. State-owned UCO Bank on Friday posted an over three-fold jump in net profit at Rs 312.18 crore for the quarter ended March 2022 as a fall in bad loans lowered the provisioning requirement. The lender had posted a net profit of Rs 80 crore in the correspond

A first in India: Zydus brings new drug for uncontrolled 'bad' cholesterol. Uncontrolled LDL-c, which poses a major risk of cardiovascular diseases, lacked proper treatment despite patients' lifestyle changes and use of statins

Pine Labs appoints ex-Amazon India HR Head as its chief people officer. Prior to Amazon, Vijayalakshmi Swaminathan was a founding partner at CoCoon Consulting, a cross-sectoral boutique HR consulting firm

Jet Airways to have best possible app, website among Indian carriers: CEO. Jet Airways will have the best possible app, website and IT systems and services among all Indian carriers without losing the human touch, its CEO Sanjiv Kapoor said on Friday. "Human interaction cannot be fully replaced by technology -- it must always be

Tech Mahindra Q4 net up 39.2% YoY to Rs 1,506 cr, rises 10% sequentially. Revenue up 24.5% YoY at Rs 12,116 crore; In dollar terms revenue for the quarter was up 5.4% at constant currency at .6 billion

Eicher Motors Q4 net profit up 16%, Royal Enfield bikes sales dip. Company had 'stellar performance' in international markets with more than 100% growth, says managing director

UCO Bank Q4 net profit up 290%, says will open new branches across India. The company says it seeks a loan growth of 15 per cent this fiscal and it has managed to reduce its NPA.

CESC consolidated net profit rises 3.7% to Rs 445 crore in March quarter. The consolidated net profit of the company was at Rs 429 crore in the quarter ended March 2021, a BSE filing said

RPower posts Rs 555 cr loss in March quarter, total expense up 53%. Reliance Power on Friday reported a consolidated loss of Rs 555.18 crore for the March quarter, mainly due to higher expenses. The company had clocked a consolidated net profit of Rs 72.56 crore in the quarter ended March 31, 2021, as per a BSE filing. Tot

REC net profit rises 14% to Rs 2,301 cr in March quarter on higher revenues. The consolidated net profit of the company was Rs 2,017.84 crore in the quarter ended March 2021, a BSE filing said

Non-life insurers' gross premium income rises 24% to Rs 21,327 cr in April. The non-life insurance companies had a gross premium business worth Rs 17,251.10 crore in April 2021

PMI Electro to set up commercial EV manufacturing plant in Maharashtra. The facility, for which the foundation stone was laid on Friday, would be in conformity with all green building norms and be commissioned by August 2023

JK Paper Q4 profit rises 25% to Rs 170 cr; logging numbers like in Q3. JK Paper Ltd on Friday reported a 25 per cent increase in consolidated net profit at Rs 170.17 crore for the fourth quarter ended March riding on higher sales volumes. The company had posted a consolidated net profit of Rs 136.07 crore in the corresponding

RInfra posts 72% loss at Rs 449 crore in Q4, total income down by 8%. Reliance Infrastructure on Friday reported a loss of Rs 449.13 crore in the March 2022 quarter. The company had reported a consolidated net profit of Rs 1,611.02 crore in the corresponding quarter of FY21, a BSE filing said. The total income in the quarter

Bank of Baroda Q4 Net profit jumps to Rs 1,779 cr, NII grows 21%. State-owned Bank of Baroda Friday reported a standalone profit after tax of Rs 1,779 crore in the quarter ended March 2022, helped by higher interest income and fall in bad loans.

Emami posts consolidated net profit of Rs 354 crore on hefty MAT credit. Revenue for the quarter under review was Rs 770 crore, a 5 per cent rise over the topline of Rs 730 crore in January-March 2021

AU Small Finance Bank, Tata Elxsi and Adani Power soar on MSCI foray. From the Asia Pacific region, MSCI has added 48 stocks and deleted 76, with the most changes in China

Triveni Turbine net profit rises 42% to Rs 33 crore in March quarter. Triveni Turbine on Friday posted about 42 per cent rise in its consolidated net profit at Rs 33.02 crore in the March 2022 quarter.

Nazara Tech's net profit up 17% to Rs 4.9 cr in Q4, revenue increases 42%. Digital gaming and sports platform Nazara Technologies on Friday posted an about 17 per cent increase in consolidated profit to Rs 4.9 crore for the quarter ended March 2022.

IPO-bound Paradeep Phosphates raises Rs 450 crore from anchor investors. Fertilizer company Paradeep Phosphates on Friday said it has raised a little over Rs 450 crore from anchor investors days before the roll-out of its initial public offering.

Shah Rukh Khan's Knight Riders Group acquires franchise in UAE T20 League. So far, the Adani group, Reliance Industries, GMR and Capri Global have invested in the Indian Premier League-(IPL)-style tournament

Jet Airways' proving flights scheduled to take place on May 15 and May 17. Proving flights are similar to commercial flights but with officials of the Directorate General of Civil Aviation (DGCA), executives and flight crew of the carrier concerned on board

RIL-backed omnichannel platform Fynd to hire over 1,200 engineers this year. From Gujarat, the company will look for skilled developers from python, full stack, NodeJS, angular, java, and DevOps engineers across all levels, it said

Why is India facing a shortage of gig workers?. The fledgling online delivery platforms are suddenly facing a shortage of delivery partners. Why are gig workers in such a short supply? How is this affecting food delivery and quick commerce firms?

Inflation: Your soap or cookies may not be getting pricier but lighter. Companies have moved toward lighter loads in their cheapest packages amid rising costs of edible oils, grains and fuel

Fearing closure of petrol pumps, RIL-BP drafting a rescue plan: Report. Earlier in 2008, RIL had compensated dealers when it shut retail outlets due to high crude oil prices and lack of support from the government

AU SFB shares jump 6% after MSCI includes stock in global indices. Four domestic stocks added, one excluded from MSCI Standard index

Zipaworld plans to raise over Rs 3.8 crore in early-stage funding round. The startup plans to harness the funds to mobilise and accelerate AI and ML-based logistics and supply chain services

Tata Motors shares jump over 8% after narrowing of net loss in Q4FY22. The stock jumped 8.30 per cent to Rs 403 on the BSE; at NSE, it zoomed 8.31 per cent to Rs 403.25 apiece

Companies committed to cutting emissions represent trn in economy: Rpt. In 2021, the number of SBTi companies doubled to 2,253, including 1,082 companies with approved targets and 1,171 that committed to set science-based targets

SBI Q4 result: Profit rises 41% to Rs 9,113 cr; Rs 7.10-dividend announced. SBI Q4 result: The numbers missed Street estimates, which was expecting the net profit to rise in the range of 63-72 per cent YoY to come in between Rs 10,493 crore and Rs 11,056.7 crore

LIC Housing Finance increases home loan rate to 6.9% for select borrowers. For borrowers with CIBIL score of 700 and above, the rate hike has been limited to only 20 bps, LIC Housing Finance said in a statement, adding that the revised rates are applicable from Friday

Bandhan Bank Q4FY22 income up 43% to Rs 3,504.2 cr; profit at Rs 1,902.3 cr. Net NPAs or bad loans reduced significantly to 1.66 per cent, from 3.51 per cent

Union Bank of India reports 8% rise in fourth-quarter profit at Rs 1,440 cr. The lender had logged a net profit of Rs 1,330 crore in the same quarter of previous fiscal year

Matrimony.com showed good growth, poised to enhance momentum: CMD. The city-based company had registered a 15.6 per cent jump on its consolidated profit after tax for the quarter and 31.44 per cent on PAT for the year ending March 31, 2022.

Swiggy enters high-end dining market with acquisition of Dineout. Online food delivery platform Swiggy on Friday announced it has acquired Dineout, a dining out and restaurant tech platform, for an undisclosed sum.

Escorts Q4 net profit drops 28% to Rs 190 cr, impacted by lower sales. Farm machinery and construction equipment major Escorts Ltd on Friday reported a 28.42% decline in consolidated net profit at Rs 189.98 crore in the fourth quarter ended March, impacted by lower sales

Swiggy signs deal with Times Internet to acquire Dineout for unknown sum. Dineout will continue to run as an independent app post acquisition; Swiggy to get access to several new restaurant partners, existing Dineout team

Patna High Court issues arrest warrant against Sahara chief Subrata Roy. The Patna High Court on Friday issued an arrest warrant against Sahara India chairman Subrata Roy after he failed to appear before it despite repeated summons

Vodafone Idea records top download speed of 5.92 Gbps in Pune 5G trials. Vodafone Idea Ltd (VIL) and Ericsson on Friday announced achievement of a technology milestone during the ongoing 5G trials, by demonstrating a peak download speed of 5.92 gigabits per second.

Maruti Suzuki to invest Rs 11,000 cr for new manufacturing plant in Haryana. The country's largest carmaker Maruti Suzuki India (MSI) on Friday said it will invest Rs 11,000 crore in the first phase of its new manufacturing facility in Haryana. The company on Friday completed the process of allotment of an 800-acre site at IMT Khar

RIL top-ranked Indian firm on Forbes Global 2000 list, leaves Adani behind. "Energy and banking sector corporations were among the highest-ranking Indian companies in Forbes' Global 2000 list of public companies this year," the publication said.

Latest stock market News for tomorrow Access previous news reports: 895896897898899900901902903904905906907908909910911912913

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