NSE share market NEWS tomorrow (21 April, 2022). NSE stocks in NEWS (tomorrow)
NSE share market NEWS tomorrow (21 April, 2022). NSE stocks in NEWS (tomorrow) These are NSE stocks which will be in NEWS tomorrow as on 21 April 2022
Angel One was amongst the top gainers, currently trading at 1908.95 in NSE with 7.144 times change in volumes and 17.539% change in price. Other gainers included Jubilant Foodworks with 7.803% price change and 2.208 times volumes, Biocon with 6.07% price change and 2.422 times volumes, Iifl Holdings with 5.325% price change and 1.643 times volumes, and Manappuram Finance with 5.16% price change and 1.008 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.
Phoenix Mills was amongst the top losers, currently trading at 1013.75 in NSE with 0.631 times change in volumes and -2.939% change in price. Other losers included Jindal Steel with -2.909% price change and 3.085 times volumes, Bharat Dynamics with -1.717% price change and 0.671 times volumes, Astral Poly with -1.594% price change and 0.345 times volumes, and Cipla with -1.334% price change and 0.85 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.
Enforcement Directorate raids JSPL premises for 'forex rule violation'. More places to be covered, searches may continue for a day or two: Officials
Reliance Retail to start artisan-only store format 'Swadesh'. Reliance Retail on Thursday said it will launch a dedicated artisan-only store format 'Swadesh', which will showcase agriculture & food products, handlooms, clothing, textiles, handicraft and handmade natural products. This will boost its handmade in India
HCL Technologies net profit surges 4.38% to Rs 3,593 crore in Q4. HCL Tech expects revenue to grow between 12-14 per cent in constant currency for fiscal 2023
Tata Communications profit in fourth qtr grows 22% to Rs 365 crore. Digital connectivity solutions firm Tata Communications on Thursday posted a 22 per cent growth in consolidated profit at Rs 365 crore for the quarter ended March 2022.
Nestle net profit declines 1.3% YoY to Rs 594.7 crore; revenue up 10.2%. "We have delivered double-digit domestic sales, driven by volume and mix," Naryanan said in its earnings release
Adani Group, ITC and Microsoft among companies to invest in Bengal. Addressing the valedictory session of the Bengal Global Business Summit, Banerjee said 137 Memoranda of Understanding (MoUs) and letters of intent (LoI) were signed for the investments
Indian SaaS to reach 0 bn in revenues by 2026, surpass China: Report. Continued momentum in the creation of SaaS unicorns will propel India to surpass China and become the 2nd largest SaaS nation in the world, says report
Nestle Q1 growth beats expectations thanks to strong price increases. Nestle group sales reached 22.2 billion Swiss francs, versus a 21.7-billion-franc estimate in the poll.
Nestle India's Q1 profit falls 1% to Rs 595 crore; revenue rises 10%. Nestle Q1 result: The management remains cautious of continued inflation as it shadows short-to-medium term growth outlook.
Rario raises USD 120 mn from Dream Capital, Alpha Wave Global. With Dream Capital's investment, Rario will get access to 140 million users of Dream Sports
Nestle India Q1 net profit slips 1.25% to Rs 594.71 cr; net sales up 9.74%. FMCG major Nestle India Ltd on Thursday reported a 1.25 per cent decline in its net profit to Rs 594.71 crore for the first quarter ended March 2022. The company, which follows January-December financial year, had posted a profit of Rs 602.25 crore in the
Beauty, personal products maker Believe raises mn in Series C funding. The Series A and Series B fundraises for Beauty, personal products maker Believe were led by Accel and Jungle Ventures with participation from Wamda Capital, a Middle East-based fund.
Personal care brand Nat Habit raises mn in Series A funding round. Gaurav Agarwal, co-founder of Nat Habit, said that the firm has been able to build the brand primarily using its own website, with just 10 per cent of the revenue coming from the marketplaces
Walmart, Flipkart offer Indian manufacturers access to 120 mn US consumers. The roadmap is a part of Walmart's efforts to expand its sourcing from India to billion a year by 2027.
Newton School secures mn in funding led by Steadview Capital. The capital raised will be used to accelerate the company's growth and expand its team, technology and brand building initiatives, the company said
ED raids JSPL offices over suspected violation of forex regulations: Report. NEW DELHI (Reuters) - India's federal financial crime fighting agency raided offices of Jindal Steel & Power Ltd (JSPL) in New Delhi on Thursday over suspected violation of foreign exchange regulations, a source familiar with the matter said.
Maruti Suzuki India launches new XL6 priced at Rs 11.29 lakh onwards. The new XL6 is powered by a 1.5-litre petrol engine with a peak power of 75.8 kW. It is available in manual and automatic transmission options, priced between Rs 11.29 lakh and Rs 14.55 lakh
Govt may revisit BPCL privatisation, including revising the terms of sale. The transition towards green and renewable fuel has made privatisation difficult in existing terms: Official
Edtech startup Newton School raises mn from Steadview Capital, others. Founded in 2019 by IIT batchmates Nishant Chandra and Siddharth Maheshwari, Newton School was built to democratise higher education.
ITC to acquire 10% stake in Blupin Technologies for up to Rs 39.34 crore. Diversified entity ITC on Thursday said it will acquire 10.07 per cent stake in Blupin Technologies Pvt Ltd, the company behind direct-to-consumer(D2C) brand, Mylo for up to Rs 39.34 crore.
Flipkart says new fulfilment centre in Bengal will create 11,000 jobs. Facility would help Walmart-owned firm compete with Amazon, Reliance's JioMart, and Tata-owned BigBasket.
Mylo raises mn in series led by ITC, W Health Venture, Endiya Partners. ITC picks 10 per cent stake in company to expand its presence in the mother-and baby care segment
Bharti-backed OneWeb, Isro unit sign agreement for satellite launches. OneWeb's satellites aim to build a global network that will deliver high-speed internet connectivity
ICICI Lombard net profit falls 9.5% in Q4, blames Covid and accounting rule. The company has proposed a dividend of Rs 5 per equity share for the financial year ended March 31, 2022
GAIL, Hindustan Petroleum to pump in Rs 17,000 cr to boost Bengal CNG infra. GAIL, its JV company Bengal Gas Co and Hindustan Petroleum Corporation Ltd's combined investment in various CNG projects in West Bengal will be Rs 17,000 crore over the next five years
Future group firms complete shareholders, creditors meet over Reliance deal. Several listed Future group firms have completed meetings of their respective shareholders and creditors to approve the Rs 24,713 crore deal to sell their assets to Reliance Retail Ventures Ltd
ITC plans to broaden dairy portfolio, tap Bengal's 'low' milk availability. Per capita availability of milk in West Bengal is 'low', one-third of the national average of 427 grams per day, a company official said
L&T Technology Services net profit grows 35% to Rs 262 crore in Q4. L&T Technology Services on Thursday reported an increase of 34.7 per cent in consolidated net profit to Rs 262 crore for the quarter ended March 2022. The company had posted a net profit of Rs 194.5 crore in the same period a year ago. "We achieved several
ITC Ltd resorts to partial price hikes on its dairy products. "Every category has had inflationary headwinds," said Sanjay Singal, chief operating officer for ITC's diary and beverage segments
Tripura govt launches new industrial investment promotion scheme. "Under this scheme, various subsidies would be provided to companies and Self Help Groups for setting up industries in the state," Tripura Chief Minister Biplab Kumar Deb said
Record number of companies registered in FY22 despite Covid. Showing resilience India has registered 1.67 lakh companies in the financial year 2021-22 (April-March), according to a report by Ministry of Corporate Affairs (MCA)
India's March domestic air passenger traffic increases over 36% YoY. Pent-up demand and accelerated economic recovery also pushed the air passenger numbers higher during the month under review
IndiGo ramps up hiring across roles in growth push, starts culture training. Inducts trainee pilots after gap of two years
SaaS firm Everstage raises mn to expand and serve customers worldwide. Series A round was led by Elevation Capital, also saw participation from existing investor 3one4 Capital
Japanese automaker Nissan discontinues Datsun brand in India. The discontinuation of the Datsun brand is a part of Nissan's global transformation strategy which was announced in 2020
Reliance Industrial Infrastructure profit drops 65% in March quarter. The company had posted a consolidated profit of Rs 3 crore in the year-ago period, Reliance Industrial Infrastructure Ltd (RIIL) said in a filing to BSE
Tata Steel to stop doing business with Russia after 'conscious decision'. It is the latest global company to cut ties with the country for invading Ukraine.
JSW Group to develop 900 MW hydel, rolling mill projects in Bengal. The West Bengal government has decided to develop the third pumped storage power plant at Bandhunala project in Purulia in PPP model.
BigBasket eyes 30% rise in GMV to Rs 13,000 crore this fiscal. BigBasket co-founder and CEO Hari Menon said that the company will significantly scale up offline stores from 90 to 695 in a year to reach out to 100 per cent of its customer base.
Future Retail holds shareholders' meeting to approve sale to Reliance. The meetings have been vehemently opposed by US-based e-commerce giant Amazon, which is contesting FRL's deal with RRVL
Tata Consultancy Services head doubles down on -bn revenue target. Since April 1, TCS has changed its organisational structure to align with its strategy of focusing on the growth and transformation agenda.
Rajesh K Mediratta on transparency of Indian Gas Exchange and more. Indian Gas Exchange (IGX) was set up two years ago to free up pricing of domestic natural gas. In an interview with Business Standard's S Dinkar, MD & CEO Rajesh K Mediratta shares its journey so far
Will BBNL's merger with BSNL expedite Bharat Net project?. Bharat Broadband Nigam Ltd is being merged with BSNL. Will this merger address the problems plaguing the project and expedite it. Our next report offers some insight
HDFC to sell 10% stake in HDFC Capital Advisors to ADIA for Rs 184 cr. HDFC Capital is a wholly owned subsidiary of HDFC and is in the business of managing private equity funds focused on the real estate sector in India.
Pine Labs announces key appointments to strengthen senior leadership. Pine Labs has appointed Varun Varma as the head of Strategy and Corporate Development and Jagriti Bhattacharya, who joins as general counsel.
Netflix sees an uptick in user engagement in India after reducing prices. Content streaming platform Netflix, which reduced its subscription prices in India late last year, is witnessing an uptick in user engagement in the country
Gupshup acquires Bengaluru-based conversational AI provider AskSid. The acquisition strengthens Gupshup's AI-powered conversational solutions for e-commerce, retail and consumer goods industries
Video editing tech firm VideoVerse raises .8 mn to expand globally. In October 2021, VideoVerse had raised Series A funding from Moneta Ventures, Baring Private Equity India, Binny Bansal and Ventureast
Alembic gets USFDA nod to market lvabradine used in treating heart failure. Alembic Pharmaceuticals on Wednesday said it has received approval from the US health regulator to market lvabradine tablets, used to treat heart failure, in the American market. The company has received tentative approval from the US Food & Drug Administr
IFC, PayU invest Rs 114 cr in Vayana Network to boost trade credit to MSMEs. Vayana Network as part of its Series C round had already raised Rs 283 crore from new and existing investors
NITES files complaint against Infosys over employment clause for staffers. NITES has raised a complaint against IT giant Infosys with the Centre over the contract guidelines for restricting former employees from working with competitor
JSW Group to develop 900 MW pumped storage hydel project in Bengal. Addressing the inaugural session of the Bengal Global Business Summit, Jindal said it will be developed on a nomination basis
Supertech Insolvency: Lender asks for definite upfront payment of dues. The bank on whose application the NCLT decided to initiate insolvency resolution proceedings against Supertech Ltd has made the submissions before appellate tribunal NCLAT
Edtech entrepreneur Ashwin Damera invests Rs 240 cr in InnoVen Capital Fund. Damera is co-founder of Eruditus and Emeritus, a leading global ed-tech platform currently valued at .2 billion
Adani Group commits to invest Rs 10,000 cr in Bengal over next decade. Group company Adani Wilmar currently has an edible oil plant in Haldia
Saudi food startup raises $ 170 mn from Sequoia Capital India, others. The company is also looking at potentially acquiring rivals to help it grow and will expand into fintech after receiving a license from the Saudi central bank
Pantomath Group launches Rs 500 cr pre-IPO fund in maiden closed-end series. The fund has garnered 25% of target corpus. Simultaneous to the first closing, the fund has confirmed to have made its first investment as well
Bureaucracy is bogging down bankruptcy deal, says CJI N V Ramana. The top court gave another week to the government's lawyer to sort out the differences between the Enforcement Directorate and corporate affairs ministry.
Reliance Brands acquires majority stake in designers Abu-Sandeep. The brand will be able to fulfil its ambition of global expansion, said the designers
Reliance Brands acquires 51% stake in couturiers Abu Jani Sandeep Khosla. Abu Jani and Sandeep Khosla will continue to lead the design and creative direction of the brand.
Sequoia Capital India's Shailendra Singh steps down from Zilingo. Last week, Zilingo suspended its CEO Bose pending an investigation
Kolte-Patil Developers FY22 sales bookings up 45% to record Rs 1,739 crore. Realty firm Kolte-Patil Developers Ltd said its sales bookings rose 45 per cent to a record Rs 1,739 crore during the last fiscal year on higher volumes as well as average price realisation
Samsung eyes 65% share in QLED TV segment in India with new range. The South Korean giant currently has about 50% market share in the premium TV segment in India
Jio tops 4G download speed chart, Vi leads in upload speed in March: TRAI. Reliance Jio retained its top position with the highest average data download speed among 4G service providers in March at 21.1 megabit per second, according to latest data published by TRAI
L&T Infotech's March quarter profit jumps 17% to Rs 637.5 crore. IT company Larsen & Toubro Infotech on Tuesday reported a 16.8 per cent increase in consolidated profit at Rs 637.5 crore in the quarter ended March. The company had recorded a consolidated profit of Rs 545.2 crore in the same period a year ago. The revenu
Max Ventures and Industries to amalgamate with subsidiary Max Estates. With the divestment, the company had said it would be able to create a war chest of more than Rs 1,000 crore for expansion in the residential and commercial real estate portfolio in Delhi-NCR
Jio and Vodafone Idea lose customers, Airtel gains in Feb, shows TRAI data. Jio customer base erodes for third month on the trot though the firm makes gains in number of active users
L&T Infotech Q4FY22 net rises 17% YoY to Rs 638 cr, up 4% sequentially. Buoyed by broadbased growth across verticals and geographies, firm posts strongest revenue addition for the fiscal, up nearly 32% YoY; attrition at 24% rises marginally QoQ
Healthcare insurer Loop raises mn from Vinod Khosla, others in Series B. The round comes just six months after Loop raised a million Series A, bringing total mop up till date to mn
Punjab & Sind Bank declares SREI firms' outstanding dues as fraud. Lender becomes first to classify SREI Infra Finance and SREI Equipment Finance as fraud accounts, say sources; bank says the accounts fully provided for as per prudential norms
IHCL announces launch of new Taj Hotel with branded residences in Chennai. Spread over 3.5 acres, complex is strategically located close to key business districts; it will have a luxury hotel with 235 keys and 123 Taj branded residences
Future Retail EGM for shareholders, creditors to be held on Apr 20, 21. The electronic voting process for shareholders of Future Retail ended on Tuesday ahead of the meetings of the shareholders and creditors to approve the sale of company's assets to Reliance Retail
HDFC Ltd divests 1% stake in Ansal Housing for nearly Rs 49 lakh. Housing finance major HDFC Ltd on Tuesday divested 1 per cent stake in real estate company Ansal Housing & Construction Ltd through an open market transaction. According to bulk deal data available with the NSE, Housing Development Finance Corporation Ltd
Amazon, Reliance, Sony vying for IPL broadcast rights: Report. The auction will allow the winner or winners to globally telecast matches of India's top cricket league between 2023 and 2027 via live streaming and TV broadcast
Ukraine crisis hasn't impacted demand among European clients: Infy CEO. Infosys has said that the situation in Ukraine has not impacted the demand environment when it comes to European clients, and the company will see over the next few quarters on how things pan out.
JioFiber waives entry fee, installation charges for new postpaid customers. The company has also introduced monthly plans for JioFiber postpaid customers and given an option to subscribers of low-value plans to pay Rs 100 for availing access to six entertainment apps
Future Enterprises defaults on Rs 29.33 cr interest payment for NCDs. Debt-ridden Future Enterprises Ltd (FEL) on Tuesday said it has defaulted on payment of Rs 29.33 crore as interest on non-convertible debentures (NCDs). The due date for payment was April 18, 2022, it said in a regulatory filing. This is the third default
Fortis case: Sebi slaps Rs 24 cr penalties on Singh brothers, 7 entities. Passing a 109-page final order, the watchdog has slapped a fine of Rs 5 crore each on the two Singh brothers besides Rs 2.5 crore on RHC Holding Pvt Ltd
Aviation industry back to pre-Covid levels, govt continues 15-day fare cap. The aviation industry of India touched over four lakh domestic passengers in a day on Monday
Crypto exchange CoinDCX raises 5 mn in funding as valuation tops bn. CoinDCX aims to triple its staff to over 1,000 employees by the end of 2022
Zilingo board discusses replacing CEO Ankiti Bose after suspension. The board has not yet decided who will replace Bose, though one option discussed is to appoint interim leadership, possibly including senior executives and investors, people familiar with matter said
HCIL starts production of Honda City e:HEV, launch early next month. Honda Cars India Ltd (HCIL) on Tuesday said it has started production of the upcoming electric hybrid version of its popular sedan, City. The new 'Honda City e:HEV' will be launched early next month. It is being manufactured at the company's manufacturing
Dabur India to induct 100 EVs for last-mile product distribution. All the 100 vehicles would be inducted within the next 12 months across the nation, Dabur India Ltd CEO Mohit Malhotra said in a statement
Refinery margins, inventory gains to offset losses on petrol, diesel: Fitch. The three fuel retailers kept petrol and diesel prices unchanged for a record 137-days between November 2021 and March 2022 despite a nearly USD 27 per barrel rise in crude oil prices
Procter & Gamble names L V Vaidyanathan as CEO for India operations. Global FMCG firm Procter & Gamble on Tuesday announced the appointment of L V Vaidyanathan as the Chief Executive Officer for its operations in India from July 1, 2022. Vaidyanathan will take over from Madhusudan Gopalan, who will be taking up a leadership
Qatar Airways, IndiGo reactivate codeshare partnership signed in 2019. In a codeshare partnership, each carrier on its distribution system can sell seats of other's flights
Indian SaaS sector to clock 0 bn revenue by 2026: Chiratae-Zinnov study. The country is gearing to supersede China as the second largest SaaS nation in the next few years, the report says
Flipkart acquires ANS Commerce to strengthen its e-commerce ecosystem. Post the acquisition ANS Commerce will continue to operate as an independent e-commerce solutions platform under its existing leadership team, Flipkart said in a statement
Strong rebound in India's job market post pandemic, says Apna report. Beauty and wellness sector posts 80% QoQ rise in openings, according to post-pandemic quarter analysis by the job platform; highest hiring momentum in logistics and IT
Flipkart buys full-stack e-commerce enabler ANS for undisclosed sum. Flipkart's M&A strategy is helping it tap new business areas, get access to innovation and vie with players like Amazon, Reliance's JioMart and Tata-backed BigBasket, say to analysts
Myntra moves to new fashion, tech and sustainability oriented office. 300,000 st ft premises is situated in Outer Ring Road at Kadubeesanahalli, Bengaluru
Honda Motor launches new version of Gold Wing Tour for Rs 39.2 lakh. Honda Motorcycle & Scooter India (HMSI) on Tuesday said it has launched the new version of superbike Gold Wing Tour in the country, priced at Rs 39.2 lakh (ex-showroom). The 2022 Gold Wing Tour comes as a completely built-up from Japan, and features dual c
ACC Q1 net profit dips 29.5% to Rs 396 cr, revenue rises 3% to Rs 4,426 cr. The company, which follows the January-December financial year cycle, had posted a profit of Rs 562.59 crore in the same period a year ago, said ACC
Top headlines: CoinDCX raises 5 mn; Lavrov says Ukraine op in new stage. Business Standard brings you the top headlines on Tuesday
Ineos Styrolution stock hits 20% lower circuit following OFS launch. The OFS announcement caught the market by surprise as the promoter holding in the company is at 75 per cent and no further divestment is required
JioFiber launches new entertainment plans: All you need to know. New JioFiber unveiled with zero entry cost, free STB, and free internet box
Fintech unicorn BharatPe names former Reckitt exec Smriti Handa HR boss. Apart from Reckitt, Smriti Handa has also worked with firms like Philips and Airtel in global and local roles
Skoda Auto Volkswagen starts third shift at Pune plant as demand picks. Skoda Auto Volkswagen India Pvt Ltd manages the Indian operations of five Volkswagen Group brands Skoda, Volkswagen, Audi, Porsche and Lamborghini
L&T Infotech, Mindtree may be merged to create -billion firm. For L&T, this merger ties in with the group's vision of becoming more services-oriented
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