NSE share market NEWS tomorrow (28 March, 2022). NSE stocks in NEWS (tomorrow)
NSE share market NEWS tomorrow (28 March, 2022). NSE stocks in NEWS (tomorrow) These are NSE stocks which will be in NEWS tomorrow as on 28 March 2022
Tata Elxsi was amongst the top gainers, currently trading at 9035.50 in NSE with 1.7 times change in volumes and 7.079% change in price. Other gainers included Abb Power with 6.012% price change and 5.726 times volumes, Tube Invest with 4.497% price change and 3.98 times volumes, Solar Industries with 3.439% price change and 2.373 times volumes, and Bharti Airtel with 3.341% price change and 2.717 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.
Container Corporation was amongst the top losers, currently trading at 659.95 in NSE with 0.272 times change in volumes and -4.327% change in price. Other losers included Angel One with -4.066% price change and 0.807 times volumes, Max Financial with -3.968% price change and 2.327 times volumes, Polycab India with -3.872% price change and 0.66 times volumes, and National Buildings with -3.529% price change and 1.545 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.
ED attaches assets of Educomp group company in money laundering case. Assets worth Rs 90.31 crore of a Gurugram-based Educomp Group company have been attached under the anti-money laundering law in connection with an alleged bank loan fraud case, ED said on Monday.
Sebi penalises erstwhile Essar Steel India for disclosure lapses. In a 35-page order, Sebi has imposed a fine of Rs 2 lakh on Essar Steel India Pvt Ltd for the disclosure lapses
Ola, Uber among six companies to apply for aggregator licenses in MMR. Three RTOs in Mumbai Metropolitan Region have received ten applications from six companies, including Ola and Uber, for the aggregator license as per the provisions officials said on Monday.
Assam govt acquires Hindustan Paper Corp's two defunct mills for Rs 375 cr. The Assam government on Monday announced that it has acquired PSU Hindustan Paper Corp's (HPC) two defunct paper mills in the state for Rs 375 crore.
Adani Group picks Google Cloud to boost digital transformation. The Adani Group on Monday announced a multi-year partnership with Google Cloud, as the company aims to move more than 250 business-critical applications to Cloud.
Reliance Jio announces Rs 259 monthly prepaid recharge plan: Details here. The new Reliance Jio 259 recharge plan is available to both new and existing users through all online and offline channels
Tata AIA Life expects total premium income to cross Rs 14,000 cr in FY22. Tata AIA Life Insurance's total premium income is likely to grow over 30 per cent to cross Rs 14,000 crore in the current fiscal, a top company official has said. The industry growth for the first 10 months of the year has been about 20 per cent mainly bec
Singapore-based Sea's e-commerce unit Shopee to shut India operations. The withdrawal, effective beginning March 29, comes weeks after India banned Sea's popular gaming app 'Free Fire'
Byju's and Qatar Investment Authority announce ed-tech subsidiary in Doha. The new entity, which will be a wholly-owned subsidiary of Byju's in Qatar, will introduce Byju's personalised and innovative learning offerings to the region
Tata Capital Healthcare Fund II receives commitments worth Rs 955 cr. This is a follow-up to the Tata Capital Healthcare Fund I, which had raised Rs 411 crore in 2012
Indian tech startups raise a record bn from PE/VC firms in 2021: Report. 'E-commerce, consumer platforms, and IT services sectors were favorites among investors, recording 56% of total deal value in 2021,' says 'India Investments Pulse' report by Praxis Global Alliance
EY announces the 21 finalists for '23rd EY Entrepreneur of the Year' awards. 'Together, the 21 finalists have combined revenues of Rs 1.87 trillion and are providing employment to more than 260,000 people,' says EY
Kalyan Jewellers appoints former CAG Vinod Rai as Chairman. Rai has been awarded the Padma Bhushan, India's third highest civilian award, in recognition of his services to the country
CIL allays supply shortfall fears, says making efforts to meet coal demand. Allaying fears of coal supply shortage, state-owned Coal India on Monday said it is concentrating its efforts to meet the projected demand of the power sector on priority basis.
Flight control system integration facility for DRDO built in 45 days: L&T. Larsen & Toubro (L&T) on Monday said that it has constructed a seven-storey state-of-the-art flight control system integration facility for the Defence Research and Development Organization in just 45 days. The facility was inaugurated on March 17 by defen
UAE-based Lulu Group to invest Rs 3,500 crore in Tamil Nadu. UAE-based retail major Lulu group on Monday announced an investment of Rs 3,500 crore in Tamil Nadu to set up shopping malls, hypermarkets and a food-logistic park. A memorandum of understanding (MoU) to this effect was signed on Monday by Pooja Kulkarni,
Fitch affirms Wipro, HCL Tech's long term 'A-' rating, outlook stable. The rating agency, in a statement, said it has affirmed Wipro's senior unsecured rating on the 0-mn senior notes due 2026
Top headlines: PVR, Inox shares surge; strike hits services across India. Business Standard brings you the top headlines on Monday
Adani Group selects Google Cloud to modernise IT ops for future scale. "Our continued collaboration will spearhead new digital platforms that will have a transformative impact," Kurian added
Tata Power, Rustomjee Group tie up for EV charging infrastructure. Under this collaboration, the Tata Power will install dedicated charging infrastructure for residents of Rustomjee in Mumbai MMR
Gold jeweller Joyalukkas India files IPO papers to raise Rs 2,300 cr. At present, the company generates over 90 per cent of its revenues from southern states.
Ruchi Soya FPO: Sebi orders retail investors be allowed to withdraw bids. Sebi's directive comes amid 'circulation of unsolicited SMSs advertising the issue'; the window for withdrawal shall be available on March 28, March 29 and March 30, 2022
E-commerce portal Shopee shuts shop in India, CAIT welcomes move. Shopee will cease operations in India from Tuesday and aims to process all orders placed before that
ONGC sells Russia's Sokol oil to BPCL, HPCL: Report. This marks the first purchase of Sokol crude by HPCL. BPCL had previously purchased the grade in 2016
SAT sets aside Rs 1-cr penalty imposed on Brickwork Ratings by Sebi. The tribunal reduced the penalty to Rs 10 lakh and held certain findings in Sebi's order cannot be sustained.
Sebi directs Ruchi Soya to allow FPO investors to withdraw bids. Circulation of unsolicited SMSes advertising the issue violates regulations, says the market regulator; Sebi orders a 3-day window for all investors (ex-anchor Investors) to withdraw applications
Spacetech startup Pixxel raises -mn funding led by Radical Venture. The new funding will enable Pixxel to expedite production of the world's highest resolution hyperspectral satellite constellation and to offer industry AI-powered insights
Aurobindo Pharma acquires Veritaz formulation business for Rs 171 crore. The transaction comes into effect from April 1, 2022 and is expected to close by May 2022
Major rollout of 5G service only in FY24, Airtel tells investors. The Airtel management indicated this at an investor meet last week.
'Pain in system is too much': Motherson Sumi chief sees lot of acquisitions. The -billion Motherson Sumi group, which has acquired 29 companies in the last two decades, is gearing up to acquire several more in the coming months, indicated its chairman V C Sehgal
HCL Tech to provide global service desk, on-site support to Novo. IT services company HCL Technologies on Monday said it has been selected to provide global service desk and on-site support to global healthcare company Novo Nordisk
Mahindra & Mahindra Financial Services raises Rs 255 crore by issuing bonds. Mahindra & Mahindra Financial Services on Monday said it has raised over Rs 255 crore by issuing bonds on private placement basis. A meeting of the committee of the board on March 28, 2022 approved the allotment of 2,500 secured redeemable non-convertible
Aurobindo Pharma acquires Veritaz' domestic business for Rs 171 cr. Move marks Aurobindo's increasing focus on Indian market
Godrej Appliances ropes in Ayushmann Khurrana as brand ambassador. This is in alignment with the brand's vision of becoming India's most preferred appliances brand, a statement said
Sudarshan Chemical Industries to raise up to Rs 200 cr through debentures. Sudarshan started manufacturing pigments in 1952
Allegations made in NCLT petition downright untruthful: Max Group Chairman. Analjit Singh refuted the allegations made against him by his wife Neelu Analjit Singh in a petition filed before the NCLT
Significant headroom for ARPUs to rise: Airtel asserts at analyst meet. Telecom operator Bharti Airtel's management has affirmed ambitions of Rs 300 ARPU with further tariff hikes and continued 'premiumisation' during a recent analyst meet, according to multiple reports
Facing many challenges in India, but committed to support customers: Huawei. Chinese telecom gear maker Huawei on Monday said that it has been facing multiple challenges in India, but is committed to support customers in the country.
Indiabulls Housing Finance to raise Rs 50,000-cr growth capital in FY23. The board has passed an enabling provision allowing the company to raise up to Rs 50,000 crore
Congress demands CBI probe into Amtek group insolvency. Congress leader Sanjay Nirupam said the government must order a probe into the findings of Ernst and Young's audit report into the insolvency of Amtek Auto.
Market cap of 7 of 10 most valued companies tumbles over Rs 1.14 trn. Reliance Industries added Rs 79,188.07 crore in valuation and Infosys gained Rs 9,404.12 crore.
Tata AIG, ICICI Lombard join race to buy insurance units of Reliance Cap. Parties can either bid to buy the entire company or any one or more of its eight clusters.
Lenders approve IL&FS' debt recast proposal for Chenani Nashri Tunnelway. The lenders have approved IL&FS Group's proposal to restructure the Rs 5,500 crore debt of its subsidiary Chenani Nashri Tunnelway (CNTL), which offers almost full repayment to them. The move comes after the company has revalued itself at Rs 5,257 crore no
DLF to invest Rs 2,000 cr to build two shopping malls in Gurugram, Goa. At present, DLF has a retail footprint of 42 lakh square feet comprising eight properties, including malls and shopping centres, mainly across Delhi-NCR
Adani Total Gas forays into electric mobility infrastructure sector. Adani Total Gas Ltd, a joint venture of Adani group and TotalEnergies SE, has forayed into electric mobility infrastructure sector by launching its first EV charging station in Ahmedabad
Edtech firm Schoolnet aims Rs 6,000 cr revenue in next 5-7 years. Edtech firm Schoolnet aims to grow multifold to generate Rs 6,000 crore in the next 5-7 years from expansion of services in schools and subscriber growth on its learning app. The 25-year old firm provides digital classrooms to around 40,000 schools at pres
PVR, INOX Leisure announce merger, Ajay Bijli will be MD of entity. The combined entity will be named as PVR INOX Limited
Apple reaches 60% sales share mark for first time since 2017. Driven by strong 5G upgrades for the iPhone 12 and iPhone 13 series, Apple reached the 60 per cent sales share mark globally last year -- for the first time since 2017.
India Sotheby's Realty invests Rs 5.5 cr in data analytic firm CRE Matrix. Property consultant India Sotheby's International Realty said it has made a strategic equity investment in data analytic firm CRE Matrix to offer more and better advisory services to its clients.
Need strict debt recovery mechanism to boost lending: Andromeda CEO. With the economy coming back on the rails post-COVID-19 pandemic, the Reserve Bank of India may consider a strict debt recovery mechanism with regulatory backing to boost activities of lending institutions and ensure easy availability of funds for individu
Bharti Airtel to acquire 7% stake in Avaada KNShorapur for Rs 1.74 cr. Bharti Airtel has entered into an agreement to acquire over 7 per cent stake in Avaada KNShorapur for Rs 1.74 crore as cash consideration, the telecom company said in a regulatory filing on Sunday
Vikas Ecotech scouts for acquisition, expects Rs 360 crore revenue in FY23. Vikas Ecotech Ltd is looking to log Rs 360 crore revenue in the next financial year on the back of resumption of exports which were stalled due to Covid-19 pandemic, a top company official has said.
Aster DM Healthcare to invest Rs 500 cr for healthcare facilities in TN. Aster DM Healthcare on Sunday said it will invest Rs 500 crore to set up healthcare facilities in Tamil Nadu. Aster, which is one of the largest integrated healthcare providers in GCC and India, has signed a memorandum of understanding on March 26 with the
Airtel CTO urges regulator for affordable 5G spectrum pricing. Ahead of Trai's recommendations on spectrum auctions, telecom operator Bharti Airtel's Chief Technology Officer Randeep Sekhon has made an emphatic appeal for "affordable" pricing of 5G radiowaves
Adani Total Gas to set up 1500 EV charging stations in India. The units, located at the firm's CNG station at Maninagar in Ahmedabad, will enable quick turnaround time for EV owners using digital platforms
Paytm Mall, Snapdeal fined Rs 100,000 each over faulty pressure cookers. The CCPA imposed of Rs 1 lakh fine each on Paytm Mall, Snapdeal for selling non-standard pressure cookers and asked them to recall sold items as well as reimburse the amount paid by consumers
PVR, Inox Leisure book ticket to a JV; combined entity to run 1,546 screens. In the merged entity, PVR promoters will have 10.62 per cent stake while Inox promoters will have 16.66 per cent.
Boeing and Airbus Helicopters sign MoU to partner on H-47 Chinook. Boeing and Airbus Helicopters have signed a Memorandum of Understanding (MOU) to partner on the H-47 Chinook in support of Germany's heavy-lift helicopter requirements.
GMR Airports, Airbus collaborate to study on sustainable aviation fuel. Airport operators Groupe ADP and GMR Airports together with Airbus, Axens and Safran have signed a MoU to conduct a joint study on Sustainable Aviation Fuels (SAF)
QSR chain Lassi N Shakes enters Uttar Pradesh, eyes 1,000 outlets by 2025. Launched in May 2019, the restaurant chain has opened its 145th outlet, currently situated in 10 different states
Microsoft paying hundreds of millions in bribes, claims whistleblower. A whistleblower has alleged widespread bribery via Microsoft's foreign contract business, saying that more than 0 million each year is spent on bribes and kickbacks linked to the tech giant
Apple alarmed at allowing third-party app stores under new EU law. The upcoming European Union (EU) digital law has alarmed Apple as the tech giant would be forced to allow users to install apps from outside the App Store.
Akasa Air to launch operations from June, expects fleet size at 72 in 5 yrs. He further said the airline plans to have 18 aircraft on ground as part of its fleet within 12 subsequent months of launching and then add 12 to 14 every year making it 72 in five years
Infosys denies having business relationships with local Russian enterprises. The company has committed million towards relief efforts for war victims from Ukraine
GAIL board to consider share buyback, approve financial results on Mar 31. The board of state gas utility GAIL India Ltd will on March 31 consider the buyback of shares - the second buyback in as many years
Commodity crisis: Toyota to raise prices by up to 4% from April. "As a committed and customer-centric company, TKM has made all conscious efforts to minimise the impact of rising costs on consumers," said TKM Spokesperson in a statement
Share issue to govt will happen fairly soon: Vi mgmt tells shareholders. Post issuance of the shares, the government is expected to hold around 35.8% stake in the company, as per company estimates
IndiGo to launch 100 domestic flights in summer schedule from Sunday. The airline will introduce flights on 20 exclusive routes effective March 27, 2022
Manappuram Finance to raise up to Rs 7,800 cr in FY23. The gold financier said it proposed to list the bonds on BSE or NSE and the tenure of the instrument, date of allotment, maturity and coupon will be decided by the board at the time of allotment
Coal mining resumes at NEC's Tikak Colliery in Assam's Tinsukia. Mining operations at NEC, a unit of Coal India Limited (CIL), were halted due to environment-related issues in 2020
Vodafone Idea shareholders approve Rs 14,500 cr fundraise proposal. Vodafone Idea (VIL) had placed special resolution of issue of equity shares worth Rs 4,500 crore to the group firms of promoters Vodafone and Aditya Birla Group for transaction at the EGM
NCLT begins insolvency proceedings against realty firm Supertech. Union Bank claims unpaid dues of Rs 492 crore
Tata Consumer Products to continue focus on acquisitions. The company recently acquired Kottaram Agro Foods
Virgin Atlantic to start second daily flight on Delhi-London route. The flight will be operated from Heathrow airport to Indira Gandhi International Airport in the national capital
BMW India to hike vehicle prices by up to 3.5% from April. The price increase will be brought into effect to adjust the material and logistics costs, impact of current geo-political situation and exchange rates, the German automaker said in a statement
Emami acquires Dermicool brand from Reckitt for Rs 432 crore. FMCG major Emami on Friday said it has acquired the 'Dermicool' brand from Reckitt for a total consideration of Rs 432 crore. The acquisition is funded through internal accruals and is subject to the customary closing conditions, the company said in a stat
Sebi penalises three individuals for violations in Titan share trades. For violation of the norms, the individuals have been penalised by the regulator
Jhunjhunwala-backed Akasa Air plans first commercial flight in June. The airline aims to have 18 aircraft within 12 months from launch and will have 72 planes in five years, says CEO Vinay Dube
Vedanta to invest .5 bn across oil, zinc, steel businesses. Billionaire Anil Agarwal's Vedanta Ltd on Friday said it will invest USD 1.5 billion across its oil and gas, zinc and steel businesses. Its board at a meeting on Friday approved USD 687 million capital spending for drilling of new wells at the firm's oil a
Emami acquires Dermicool prickly heat talc brand from Reckitt for Rs 432 cr. Deal will be funded through internal accruals, is the biggest by Emami after 'Kesh King' hair and scalp products (2015), and Zandu Pharma (2008)
SpiceJet, GMR group announce sustainable aviation fuel initiatives. Globally, International Air Transport Association has set a target for airlines to achieve net zero emissions by 2050
Fuel, currency, fares major challenges for Indian carries, says Boeing. Aviation fuel in India is 90 per cent higher when compared to Middle East and Africa, Asian and Oceania, and North America
Emirates to resume pre-pandemic service frequency to India from Apr 1. Prior to the pandemic hitting the country in March 2020 and grounding overseas flight services, Emirates was operating 170 weekly flights to nine destinations
Mumbai: 230 CISF commandos take over security of Reliance Jio World Centre. The regular entries and exits will be manned by private security guards provided by the client (Jio Centre) under the supervision of the Central Industrial Security Force (CISF)
Airtel to acquire Vodafone's 4.7% stake in Indus Towers for Rs 2,388 cr. Telecom company Bharti Airtel will acquire a 4.7 per cent stake in Indus Towers from Vodafone Group for about Rs 2,388 crore, according to a company filing
Anil Ambani resigns as director of RPower, RInfra. In a separate filing to the stock exchange, Reliance Infrastructure said that Anil Ambani has stepped down from its board "in compliance of SEBI interim order"
From immersive video to holograms: What will 5G experience be like?. Telcos are conducting 5G trials in India. Yesterday Airtel showcased high internet speed by recreating Kapil Dev's 175 run from 1983 World Cup in 4K to a spell-bounded audience in Manesar. Here's more
Airtel prepays Rs 8,815 cr towards deferred liabilities for 2015 spectrum. Telecom operator Bharti Airtel on Friday said it has paid Rs 8,815 crore to the government towards part prepayment of deferred liabilities pertaining to spectrum acquired in the 2015 auction. The prepayment is for instalments due in FY2027 and FY2028, the
Airtel prepays Rs 8,815 cr of spectrum dues to reduce interest expenses. This is the second such prepayment by Airtel in the last three months and comes on the back of strong cash flow generation, equity infusion and borrowing at significantly lower interest rates
Gennova's mRNA vaccine in legal storm after HDT Bio Corp sues Emcure. The US firm HDT Bio Corp has alleged that Emcure 'willfully and maliciously' violated the Defend Trade Secrets Act and Washington's laws against trade secret theft
Alembic Pharma targets 10-12 product filings from Karkhadi facility. Resolution of the observations made by the USFDA (for which Alembic has already responded to the regulator) is critical for Alembic's US business
IBM India to impart digital skill to 12,000 girl students in Nagaland. IBM India announced a collaboration with the Nagaland School Education department to introduce digital powered training in more than 250 secondary and higher secondary schools
GE bullish on growth of wide body aircraft in India as aviation revives. A growth in the number of wide body aircraft bodes well for the US aerospace giant as it manufactures the Boeing 777, 787 aircraft
Glance acquires gaming firm Gambit; forays into NFT-based live gaming. The acquisition of Gambit brings together Glance's scale and lock screen centric innovation with Gambit's expertise and understanding of the gaming ecosystem
Vistara in talks with lessors to fill long-haul gap amid 787 delays. Vistara is in talks with lessors about getting long-haul planes to cover a gap left by delays in Boeing 787 deliveries, chief executive Vinod Kannan said
Cloud kitchen unicorn Rebel Foods announces ESOP liquidation worth mn. Founded in 2011 by Jaydeep Barman and Kallol Banerjee, Rebel Foods started its journey with Faasos in Pune
Torrent acquires 50 Mw solar power plant from Lightsource for Rs 300 cr. The plant in Maharashtra has a long-term PPA with Solar Energy Corp of India for full capacity for a period of 25 years at a tariff of Rs 4.43/ kWh
NCLT declares Supertech insolvent, 25,000 homebuyers could be affected. The debt of Supertech Ltd is around Rs 1,200 crore, including nearly Rs 150-crore loans from Union Bank of India
Ruchi Soya FPO subscribed 33% on Day 2 on institutional interest. Investment bankers expect most of the bids to come on Monday, the final day of the issue
Indiamart to acquire majority stake in Livekeeping for Rs 46 cr. B2B e-commerce company Indiamart Intermesh on Friday said it plans to acquire 51 per cent stake in software-as-a-service firm Livekeeping for Rs 45.98 crore in an all-cash deal
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