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NSE share market NEWS tomorrow (12 May, 2022). NSE stocks in NEWS (tomorrow)

NSE share market NEWS tomorrow (12 May, 2022). NSE stocks in NEWS (tomorrow) These are NSE stocks which will be in NEWS tomorrow as on 12 May 2022

Ambuja Cements was amongst the top gainers, currently trading at 373.55 in NSE with 1.308 times change in volumes and 4.038% change in price. Other gainers included Inox Wind with 2.651% price change and 1.325 times volumes, Blue Star with 2.601% price change and 0.417 times volumes, Nhpc with 2.288% price change and 1.153 times volumes, and Varun Beverages with 1.415% price change and 1.011 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.

Punjab National was amongst the top losers, currently trading at 28.60 in NSE with 5.595 times change in volumes and -13.595% change in price. Other losers included Adani Green with -7.978% price change and 0.691 times volumes, Pg Electroplast with -6.924% price change and 1.303 times volumes, Pb Fintech with -6.903% price change and 0.493 times volumes, and Suzlon Energy with -6.522% price change and 0.972 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.

Tata Group picks New Zealander Campbell Wilson as Air India's new CEO. New Zealand-born Campbell Wilson, 50, started his career with Singapore Airlines in 1996

RBL Bank's Q4 net profit doubles to Rs 164.7 crore, NII rises 25%. RBL Bank's consolidated post tax net profit more than doubled to Rs 164.77 crore in the March quarter, mainly due to a low base in the year-ago period. The city-based private sector lender reported a net profit of Rs 197.83 crore on a standalone basis in t

Aided by IPL, Disney+ Hotstar adds over 4 mn subscribers in March quarter. Rival Netflix loses 200,000 global subscribers in the period

NCLT allows Future Retail more time to file reply to insolvency plea. Amazon moves application, says Future Retail and banks are colluding to deny its rights.

Ujjivan Small Finance Bank's Q4 profit falls 7% to Rs 126.5 crore. Ujjivan Small Finance Bank (SFB) on Thursday reported a 7 per cent decline in its net profit to Rs 126.5 crore for the last quarter of the fiscal ended in March 2022

HCL Tech seeks double-digit growth, larger global footprint: Roshni Nadar. HCL Technologies reported dollar revenue growth of 11 per cent year-on-year at .99 billion for FY22

Battle-hardened Bharti Airtel's future looks good now, says Sunil Mittal. With only "two-and-a-half players" left in the highly competitive domestic telecom sector, the future of battle hardened Bharti Airtel looks good now, its Chairman Sunil Mittal said on Thursday

CreditAccess Grameen Q4 net profit jumps over two-fold at Rs 160 crore. Its profit after tax stood at Rs 56.3 crore in the same quarter of the preceding fiscal year

SoftBank logs bn FY net loss, will trim tech investment portfolio. 'We have to prepare for the worst; be in defence mode,' says Masayoshi Son, company CEO and founder

Tube Investments of India clocks standalone PAT of Rs 136.36 crore in Q4. Total income for the year ending March 31, 2022 rose to Rs 6,432.91 crore from Rs 4,302.28 crore registered a year ago

RBI imposes Rs 2.97 million penalty on Unimoni Financial Services. A show-cause notice was issued to Unimoni Financial Services. The penalty was imposed after considering the company's response

L&T Q4 net increases 10% to Rs 3,621 cr, firm declares dividend of Rs 22. L&T admitted that volatility in the price of crude oil and other commodities owing to geopolitical uncertainties was pushing up input prices

Tata Motors expects capex to increase to up to Rs 6,000 crore in FY23. The investments will be spread across the company's different verticals of commercial vehicles, passenger vehicles and electric vehicles, Group CFO P B Balaji said

Increasing production capacity in India to start exporting devices: Vivo. Danish said that the company's strategy is to cater to customer needs and be on top of their mind this year to grow the business

Poonawalla Fincorp's logs Q4 consolidated net profit of Rs 119 cr. The company's housing finance subsidiary proposes to raise growth capital

Aditya Birla Capital profit after tax rises 20% to Rs 450 cr in March qtr. The consolidated revenue of the company for Q4 FY22 grew 18 per cent from a year ago to Rs 6,962 crore, Aditya Birla Capital (ABCL) said in a release

HCC consolidated net profit declines 80% to Rs 30.88 crore in Q4. Total expenses increased to Rs 2,884.36 crore from Rs 2,618.48 crore earlier

Taking steps to address compliance issues: PTC CMD Rajib K Mishra. PTC in a statement on Thursday said a board meeting to declare the financial results would be called shortly

Apollo Tyres Q4 profit drops 61% to Rs 113 cr; revenue rises 11%. Apollo Tyres on Thursday said its consolidated net profit has declined by 61 per cent to Rs 113 crore for the fourth quarter ended March. The company had reported a consolidated net profit of Rs 287 crore in the January-March quarter of 2020-21 fiscal. Rev

Fintech firm BharatX raises .5mn in seed round to expand business. The company works with brands and websites to provide a credit feature in their apps to serve customers.

Airtel 'very strong' and 'battle hardened' after crises: Sunil Mittal. Company's digital revenue should be more than a billion dollars in the next few years, says group chairman

Skanda Aerospace Technology first private firm to build helicopter gears. SATPL is a joint venture (JV) between the Hyderabad-based Raghu Vamsi Machine Tools (RMVT) and Texas-based Rave Gears LLC

Patna HC asks Sahara chief Subroto Roy to appear before court on Friday. The Patna High Court on Thursday took a tough stand against Sahara India chief Subroto Roy after he did not appear before the court.

Govt's dues conversion into 33% stake to be completed in coming weeks: VIL. Debt-ridden telecom operator Vodafone Idea expects the government to complete conversion of around Rs 16,100 crore dues into 33 per cent stake in the company in the coming weeks, a top official said

Consumer durables to see 3%-5% price hikes amid costlier imports: Industry. The depreciating Indian rupee against the US dollar has put woes on manufacturers as imported components have become costlier, with the industry largely being dependent on imports for key components

Why are top Indian companies vying for Holcim's India assets Ambuja and ACC. The race is on to acquire Ambuja Cements and ACC. Why do India's leading firms want to buy Holcim's stake? And why did the Swiss company decide to quit India which contributes 27% of its global sales?

Toyota plans to make EV parts in India for domestic, export markets. The move follows the company's recent announcement that it will invest 48 bn rupees (1 mn) in India to localise the supply chain for EVs, and is also part of its broader 2050 carbon-neutrality goal

Birla's Hindalco Industries plans .5 billion US aluminium recycling mill. The new facility will increase Novelis's, unit of Hindalco, recycling capacity to 90 billion cans globally, from 74 billion currently

Indian companies should hit sustainability targets abroad, not just at home. Activist investors on the lookout for "greenwashing" have to be careful of the unintended consequences of their choices

Tata Group making plans for battery firm in India, abroad: N Chandrasekaran. The group is making a transition towards sustainability across businesses which includes a clean mobility push at Tata Motors and its British luxury unit Jaguar Land Rover, N Chandrasekaran said

Ola Electric sees high-profile exits amid govt scrutiny, user complaints. The exits come at a time when Ola is reportedly planning its IPO this year at a lower valuation than planned earlier as several startups' IPOs have proved to be a nightmare for the investors

ApnaKlub raises mn in series A funding round from Tiger Global. ApnaKlub allows anyone with a smartphone and an entrepreneurial drive to earn supplemental income by aggregating demand and supplying FMCG goods to retail (kirana) stores in their local community

ED asks court to restore block on 5 million Xiaomi bank assets. ED had seized the money saying Xiaomi had illegally transferred funds abroad to three entities, including one in the Xiaomi group, describing them as payments "in the guise of royalty".

Companies looking to accelerate digital transformation: HCL's Roshni Nadar. The global clients have a razor-sharp focus on accelerating digital transformation with efficiency, HCL Technologies Chairperson Roshni Nadar Malhotra said

Byju's in talks with lenders for billion to fund acquisition plans. The Bangalore-based market leader is in talks with banks, including Morgan Stanley and JPMorgan Chase & Co., for the funding to acquire another edtech company, people familiar with the matter said

IT firm Coforge's Q4 net profit increases by 56.16% to Rs 207.7 crore. Revenue from operations during the quarter increased to Rs 1,742.9 crore from Rs 1,281.5 crore in the corresponding quarter of 2020-21

JSW Infrastructure commissions Rs 1,300-cr Paradip East Quay coal terminal. JSW Infra already has an iron ore terminal at the Paradip Port with a capacity to handle 10 mtpa of iron ore/ pellets. This terminal is designed to load the cape vessels within 48 hrs

Disney+Hotstar to get 100 original shows as it gains 7.9 mn new subscribers. The Walt Disney Company has revealed that it is working on 100 original shows in local content for the country where its Disney+Hotstar OTT platform is currently the leader.

Ather Energy raises 8 mn led by NIIF's SOF, Hero MotoCorp & others. While the move does not put Ather Energy in the unicorn club, it definitely brings it within striking distance

Ford drops plan to manufacture EVs in India; opts out of PLI scheme. Company communicates to the government that it no longer intends to invest in the country under the PLI scheme

NTPC invites bid to raise Rs 5,000 cr via term-loan to fund capex. State-owned power giant NTPC has invited bids for raising term-loan of up to Rs 5,000 crore, which would be utilised for capital expenditure for ongoing or new electricity generation capacity addition projects. "Proceeds of the loan shall be utilised towar

Tata Sons appoints Campbell Wilson as CEO & MD of Air India. Wilson was until recently the CEO of Scoot, a low-cost subsidiary of Singapore Airlines

Salary hikes at companies inching closer to pre-Covid levels: Report. E-commerce and tech start-ups, healthcare, and allied industries plan salary hikes of more than 10 per cent.

AWS, Apeejay Education start programme for National Education Policy. The initiative will enable academic institutions in India to align with the technical requirements of the government's National Education Policy 2020.

Tata Motors Q4 net loss narrows to Rs 1,033 cr; revenue falls 11%. The improvement in consumer sentiment, buoyancy in e-business, firming freight rates, reopening of schools and offices helped regenerate demand, says company's executive director

Karnataka HC allows Xiaomi to access overdraft facilities from banks. The company had sought to use Rs 1,000 crore for its day-to-day expenditure

L&T Q4 net profit rises 10% to Rs 3,621 cr, firm declares dividend of Rs 22. Company reports 10% jump in consolidated revenue at Rs 52,851 cr

India tax authorities froze 8 million of Xiaomi funds in Feb: Report. The fund freeze by tax authorities comes on top of another legal tussle Chinese smartphone giant Xiaomi faces.

Top headlines: Retail inflation soars to 7.79% in Apr; L&T Q4 net rises 10%. Business Standard brings you the top headlines on Thursday

End of an era: Apple drops last iPod model after two decades. Late Apple co-founder Steve Jobs introduced the iPod nearly 21 years ago with his legendary showmanship flare

Over 800 WhiteHat Jr workers resign when asked to work from office: Report. The employees who resigned didn't want to relocate to their respective office locations

Relaxo Footwears Q4 net profit falls 38% to Rs 63 cr; revenue declines 6.6%. Relaxo Footwears Ltd on Wednesday reported a decline of 38.40 per cent in its net profit at Rs 62.93 crore for the fourth quarter ended March 2022. It had posted a net profit of Rs 102.17 crore in the January-March quarter of the preceding fiscal, Relaxo F

No business can do without data tech, AI adoption: Tata's N Chandrasekaran. All businesses have to become AI and data solution-compliant and no one can escape this trend, Tata Group Chairman N. Chandrasekaran said on Wednesday.

Vodafone Idea shares give up early profits; end 1% lower at close. Shares of telecom operator Vodafone Idea gave up early gains and settled 1 per cent lower amid profit-taking on Wednesday. In early trade, it had gained 4 per cent, a day after the company reported narrowing of its consolidated losses to Rs 6,563.1 crore f

Uber ramps up India hiring, to hire 500 engineers for its tech centres. The company said the hiring plan is a testament to Uber's commitment to India, and its recognition of the engineering talent in the country.

Coinbase admits RBI's use of informal pressure prompted halting of trade. The comments by Coinbase's Armstrong bring forth the challenges that the crypto industry is facing

Google joins Amazon in mulling a bid for broadcast rights of IPL: Report. Google's interest in the global media rights of India's top cricket league intensifies the fight for a sports event that has emerged as the world's third-largest

Venus Pipes IPO subscribed 2.3 times on first day of offer, raises Rs 49 cr. The initial public offer of Venus Pipes and Tubes got fully subscribed within the first few hours of opening on Wednesday. It closed with 2.37 times subscription on the first day

Tata group embedding digital, AI and sustainability into biz, says Chandra. Focus on health and wellness, talent and supply chain rebalancing among key trends for the future....

Don't see inflation as challenge for tariff hike: Vi CEO Ravinder Takkar. Says subscriber churn post tariff hike last November not significant; effect of 20% hike has been absorbed in third and fourth quarter, helped Vi to register growth in revenue and ARPU

PNB Q4 results: Standalone net profit declines 66% to Rs 201 crore. Lender sets aside Rs 325 crore to provide for fraud

Indian Bank net profit falls 43% in Q4, says asset quality improving. The state-owned bank's total income this time was up 9 per cent to Rs 11,405 crore.

Birla Corp net profit down 55.45% in Q4, blames high fuel prices. Company says it has 'healthy growth in sales by volume in almost every segment and market'.

PAG invests Rs 2,000 crore in Optimus Drugs for controlling stake. Exact stake size not revealed, sources put the number at 70%

Vistara restores salaries, flying allowance of pilots to pre-pandemic level. Maxwell said an amount equivalent to the reduction in BFA will be added to the monthly bonus and paid to eligible pilots from April 1

Tata Group readying plan for battery company in India, abroad: Chandra. The group is making a transition towards sustainability across businesses which includes a clean mobility push at Tata Motors and its British luxury unit JLR, says its chief

Apple iPhones to shun Lightning port and get USB-C in 2023: Analyst. Apple is set to abandon iPhone Lightning port in favour of the universally accepted USB-C smartphone port in 2023, a top Apple analyst claimed on Wednesday.

Ultratech joins race for Ambuja Cements and ACC, submits non-binding bid. UltraTech outlines divestiture details that would meet the norms set by Competition Commission of India

IIT-M team working on hyperloop project to get funds from L&T arm. A team of IIT-Madras students working on the development of a hyperloop system on Wednesday said that an arm of engineering, procurement and construction major Larsen & Toubro will give funds and technical support to the project. L&T Technology Services, w

InGovern, others approach Sebi; seek forensic audit of Future Group firms. In its letter, InGovern said many directors and key management personnel have resigned in the past year

Sebi levies Rs 66 lakh fine on 11 entities for flouting market norms. Capital markets regulator Sebi on Wednesday imposed a total penalty of Rs 66 lakh on 10 entities, including Jalan Cement Works Ltd, in a case related to misrepresentation in the company's details.

Hotel and restaurant body asks Sebi to axe Oyo's IPO citing massive losses. The FHRAI on Wednesday urged SEBI to call off online hospitality major Oyo's initial public offering (IPO), citing the massive losses suffered by the hotel rooms aggregator in recent years

FIFA video game to disappear as EA Sports decades-long partnership ends. Months of tense negotiations between EA and FIFA ended without an agreement to extend a partnership

Cipla will use Covid-19 bulk drugs inventory when demand rises. The Covid-19 portfolio contributed 5-6 per cent of Cipla's turnover during peak Covid waves, the firm said

Delhivery raises Rs 2,346 cr from anchor investors as IPO opens today. Delhivery's IPO size is Rs 5,235 crore, the second-biggest after LIC this year

Marks & Spencer Reliance India appoints Ritesh Mishra as Managing Director. Retailer Marks & Spencer India on Wednesday said Ritesh Mishra has been appointed as Managing Director for Marks & Spencer Reliance India Pvt Ltd. Mishra, previously Head of Operations and Property, takes over from James Munson who will now assume the role

E-commerce enablement platform GoKwik raises mn for expansion. E-commerce enablement platform GoKwik said it has raised million led by Think Investments and RTP Global, and will use the funds to work on tech solutions for large marketplaces

HR tech startup Hono raises over Rs 38 cr in funding led by Aakash Chaudhry. Hono is looking to leverage the fresh corpus of funds to expand operations across India, the Middle East, and Southeast Asia, increase market footprint and strengthen its product offering

Chemplast Sanmar Q4 consolidated net profit dips 36% to Rs 232 crore. The company's total income saw a 35 per cent increase to Rs 1,816 crore during the quarter under review, as against Rs 1,350 crore in the fourth quarter of 2020-21

Alembic gets final USFDA nod for medication to treat bronchoconstriction. Alembic Pharmaceuticals Ltd on Wednesday said it has received final approval from the US health regulator for its generic version of Arformoterol Tartrate inhalation solution indicated for long-term treatment of bronchoconstriction in patients with chronic

Netflix to stream ads in TV shows, movies this year amid slow user growth. The streaming giant Netflix saw its stock tumbling by 20 per cent after it reported a loss of 2 lakh paid subscribers in the first quarter of 2022 -- its first subscriber loss in over a decade

Tata Motors expands EV range, launches Nexon EV MAX at Rs 17.74 lakh. The model produces 105 kW (143 PS) of power and delivers a torque of 250 Nm, resulting in 0 to 100 sprint times in under 9 seconds

Tyre makers' capital expenditure to rise to Rs 5,000 cr in FY23: CRISIL. The report is based on the analysis of the top six domestic tyre makers, who account for 80 per cent of the Rs 75,000 crore of the sector, CRISIL said

Uber to hire 500 techies in India for Bengaluru, Hyderabad centres. Uber Technologies on Wednesday announced it will hire 500 employees for its India tech centres by the end of this year.

Hiring boom begins in India as Covid infections decrease; economy reopens. India Inc will hire 5% more people in the April-June period compared to the Q1 this year, a new report showed, as Covid infections decrease amid reopening of industries across the spectrum

"Conscious industry must think beyond its priorities": T V Narendran. India Inc must think outside the regime of incentives and subsidies and improve its competitiveness and productivity while ramping up R&D expenditure for being future ready, CII President T V Narendran said on Wednesday. Speaking at 'Being Future Ready Bus

WeWork takes 660,000 sq ft office space on lease in Noida to expand biz. We have given an entire office tower comprising 660,000 square feet, on 15 years lease to WeWork India, says Bhutani group CEO Ashish Bhutani

Novelis to invest .5 bn in US in Birla Group's biggest greenfield project. The plan is to build a new highly advanced low-carbon recycling and rolling plant in Bay Minette, Alabama, with initial 600 kilotonnes of finished aluminum goods capacity a year

PV dispatches dip 4% in April as supply challenges remain, says SIAM. Total passenger vehicle domestic wholesales stood at 251,581 units last month as compared to 261,633 units in April 2021

Shopflo raises seed funding of .6 mn from Tiger Global and TQ Ventures. First time that Tiger Global has invested in a startup at pre-product stage

Aakash+BYJU'S' Chaudhry invests million in HR automation firm HONO. HONO raises mn in Series A round to double size of operations

Top headlines: MS cuts India GDP forecasts; Novelis to invest .5 bn in US. Business Standard brings you the top news of the evening

Deadline for Reliance Cap resolution plans extended till June 30: Report. So far only eight out of 54 Prospective Resolution Applicants (PRAs) have engaged with lenders of the bankrupt firm.

Asian Paints Q4 results: Net profit flat at Rs 850.4 cr, revenue up 18.7%. The paints major saw its revenue increase 18.7 per cent to Rs 7,892.7 crore in the quarter

Chalet Hotels consolidated net loss narrows to Rs 11.45 crore in Q4. The company had posted a consolidated net loss of Rs 5.98 crore in the same quarter of the preceding fiscal

Polycab India Q4 net profit rises 20% to Rs 325 cr; revenue up 35%. Wires and cables manufacturer Polycab India on Tuesday reported a 20 per cent year-on-year rise in net profit to Rs 325.33 crore for the fourth quarter ending March 31. The company's net profit was Rs 271.06 crore in the year-ago quarter, Polycab India sai

Rainbow Medicare slumps 17% on debut in worst IPO listing in CY22 so far. Stock end at Rs 450, Rs 92 below issue price of Rs 542 a share

Push for Sony's games biz, over 19 mn PlayStation 5 units sold in Q4CY21. Japanese tech giant Sony said that it has sold just 2 million PlayStation 5 (PS5) units in the fourth quarter of 2021, bringing its overall total to 19.3 million.

Vodafone Idea's Q4 net loss narrows to Rs 6,563 cr; ARPU rises to Rs 124. The telco's revenue from operations rose 6.6% to Rs 10,240 crore in Q4FY22 from Rs 9,648 crore in the year-ago period

Gujarat Gas Q4 consolidated net up 28% to Rs 444 crore, income up 36%. For whole of FY22, the firm's consolidated net profit rise by only 1% to Rs 1287.37 crore

Latest stock market News for tomorrow Access previous news reports: 897898899900901902903904905906907908909910911912913914915

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