NSE share market NEWS tomorrow (24 March, 2022). NSE stocks in NEWS (tomorrow)
NSE share market NEWS tomorrow (24 March, 2022). NSE stocks in NEWS (tomorrow) These are NSE stocks which will be in NEWS tomorrow as on 24 March 2022
One 97 was amongst the top gainers, currently trading at 574.35 in NSE with 2.702 times change in volumes and 9.546% change in price. Other gainers included Kei Industries with 6.098% price change and 2.734 times volumes, Fortis Healthcare with 4.963% price change and 2.508 times volumes, Dr Reddy with 4.875% price change and 1.665 times volumes, and Aurobindo Pharma with 4.137% price change and 1.584 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.
Rail Vikas was amongst the top losers, currently trading at 34.90 in NSE with 0.406 times change in volumes and -3.458% change in price. Other losers included Hindustan Petroleum with -3.39% price change and 0.997 times volumes, Kotak Mahindra with -3.142% price change and 6.109 times volumes, Max Financial with -2.903% price change and 1.236 times volumes, and Titan Company with -2.658% price change and 1.432 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.
Affordability, access to seamless finance aiding sale of used cars: CARS24. First edition of the 'Future of Mobility 2022' report expects the segment to grow further all across the country.
NTPC adds additional 42.5MW capacity at Ramagundam floating solar project. Earlier the company had commissioned 17.5 MW (Part-I) and 20 MW (Part-II) of the Ramagundam floating solar project
Reliance Industries, ACRE bid for Sintex filed before NCLT for approval. The joint bid of Reliance Industries and Assets Care & Reconstruction Enterprise (ACRE) for debt-ridden Sintex Industries has been moved before the NCLT for its approval after getting unanimously selected by the lenders of the textiles maker. The resolutio
Ascendas to buy warehouse project in Navi Mumbai for Rs 215 crore. This is a recently-constructed operational warehouse and is being acquired from the Arshiya Group as part of the forward purchase agreement executed in July 2019.
Future Enterprises defaults on Rs 93.99 cr payment to PNB and Canara Bank. Future Enterprises Ltd on Thursday said it has defaulted on payment of Rs 93.99 crore to Punjab National Bank and Canara Bank under the one-time restructuring (OTR) plan.
Pawan Hans signs agreements to lease six Sikorsky S-76D helicopters. The announcement about the leasing of helicopters was made during the Wings India event in Hyderabad
Hope to make India a global hub for EVs, cell tech: Ola co-founder. The heavy industries ministry has named Ola Electric and three other companies eligible for receiving benefits under the PLI (Production-Linked Incentive) scheme.
Investor Ravi Chachra launches -mn venture debt marketplace for startups. Part of Y-Combinator's winter 2022 batch, 8vdx has already disbursed .8 mn to 16 startups, including two from India
PNB acquires 5.97% stake in ONDC in first tranche. ONDC is an initiative of the Ministry of Commerce and Industry to promote open networks for all aspects of the exchange of goods and services over digital networks
D2Y company Ayurveda Co raises mn from investors including Wipro. D2C ayurvedic brand The Ayurveda Company on Thursday announced raising USD 3 million (Rs 22.89 crore) from a host of investors, including Wipro Consumer Care Ventures. Rahul Gupta of Tricity Technologies and Harsh Gupta of School of Design & Entrepreneursh
Netcore acquires 90% stake in Unbxd for 0 mn, plans IPO in a year. Netcore expects to close the current financial year with revenue of around USD 80 million and grow it to around USD 130 million by March 2024.
Ola signs agreement to acquire neo bank Avail Finance. With this expansion, Ola will be able to cross-sell multiple lending products to its large driver-partner base
Pawan Hans leases 6 Sikorsky S-76D choppers for operations. Pawan Hans, a government company under the Ministry of Civil Aviation (MCA), intends to use these helicopters to support onshore and offshore operations by the Oil and Natural Gas Corporation (ONGC).
Will India Inc pass on the rising input cost to consumers?. Rising crude oil prices, depreciating rupee and burgeoning raw material costs have put companies across sectors in a tight spot. Take a peek into this inflation conundrum and the effect on consumers
Indian Oil buys 3 mn barrels of Russian Urals for May loading: Report. Indian Oil Corp, the country's top refiner, on Wednesday bought 3 million barrels of Russian Urals and 2 million barrels of West African oil through a tender for May loading
Invesco backs Zee, Sony merger, decides against pursuing litigation. Invesco will continue to monitor the proposed merger's progress. If the merger is not completed as currently proposed, Invesco retains the right to requisition a fresh EGM, it said
Toshiba shareholders vote down spin-off plan & call to seek buyout offers. Toshiba shareholders voted against its plan to spin off the devices unit, but a separate motion backed by activist shareholders that called for the conglomerate to solicit buyout offers also failed
Samsung Electronics' shares worth .1 billion sold in block deal. Samsung Electronics shares worth about .1 billion were sold in a block deal on Thursday, according to a document
Airbus expects Indian aviation mkt to grow in single digits for next 20 yrs. However,according to Airbus the Indian aviation market will grow faster than the global market
MedisimVR raises Rs 3.5cr in pre-series A round led by IP Ventures. The funds raised by MedisimVR will be used by the company for scaling up its product offering and adding more skill training content to their library
Food robotics company Mukunda raises mn in round led by Zomato. Zomato's investment in Mukunda has come amid the food delivery's announcement to launch a 10-minute delivery service
Maruti Suzuki names Hisashi Takeuchi as new Managing Director and CEO. Takeuchi joined Suzuki Motor Corporation (SMC) in 1986
Ruchi Soya hits capital market to raise Rs 4,300 cr; to become debt-free. Baba Ramdev-led Patanjali Ayurved-owned Ruchi Soya on Thursday hit the capital market to raise Rs 4,300 crore through its follow-on public offer (FPO) as it aims to become a debt-free company. The issue closes on March 28. The price band has been fixed at
Toshiba's future direction uncertain as it lurches from crisis to crisis. Toshiba shareholders voted down competing proposals - one presented by management and the other backed by activist shareholders, leaving the future direction of the embattled conglomerate uncertain
Meta appoints Saugato Bhowmik as new India head for auto, D2C vertical. Meta on Thursday announced the appointment of Saugato Bhowmik as the Director of CPG, Auto and D2C industry vertical in India to lead the strategy and solutioning
Google Play launches pilot programme for third-party billing option. Meanwhile in India the Alliance of Digital India Foundation (ADIF) called Google's 'user choice billing' announcement for 'select' developers a clear admission of guilt
Byju's announced as an official sponsor of FIFA World Cup Qatar 2022. Byju Raveendran, Byju's founder, and CEO, said the company is excited to be sponsoring the FIFA World Cup Qatar 2022, the biggest single-sport event in the world.
Former SBI chairman Rajnish Kumar joins advisory board of Dun & Bradstreet. Former State Bank of India (SBI) chairman Rajnish Kumar has joined the international strategic advisory board of data and analytics firm Dun & Bradstreet, a release said on Thursday. Kumar, a veteran banker, currently sits on the boards of HSBC Asia Pacifi
IOC, BPCL, HPCL lost .25 bn in revenue due to fuel price freeze: Moody's. Petrol and diesel prices remained unchanged between Nov 4 and March 21 despite prices of crude oil averaging around 1 per barrel in the first 3 weeks of March compared to around in early Nov
'Sanctions on Russia may result in impairment losses for ONGC, others'. Indian companies' value of investments in Russia's oil and gas fields could be impaired as import bans and international sanctions may constraint future cash flow generating capacity: Moody's
Adani, L&T among firms keen to build satellite launchers: Govt. The government Thursday said Adani Enterprises Limited and L&T are part of two consortia led by State-run enterprises that have evinced interest in building the Polar Satellite Launch Vehicle (PSLV), the ISRO's warhorse rocket to put satellites in orbit. I
Aiming to make Patanjali and Ruchi Soya No.1 FMCG firm in 5 years: Ramdev. Ramdev said that the company on Thursday launched the Follow on Public Offer (FPO) of Ruchi Soya Industries to raise Rs 4,300 crore
Maruti's Bhargava brushes aside concerns on EV project. IiAS has raised serious questions regarding the decision of the Suzuki Motor Corporation (SMC) to invest directly in the EV project instead of MSI doing it
FlyBig to get 10 De Havilland Canada's Twin Otter Series planes. FlyBig operates commercial flights to destinations in the North-East, South, and Central under the UDAN Scheme
JK Tyre brings puncture guard technology in tyres for four-wheelers. JK Tyre & Industries on Thursday said it has come up with the country's first puncture guard technology in tyres for four-wheelers. The technology, with specially engineered self-healing elastomer inner coat, applied inside the tyres through an automated p
Anarock to facilitate sale of 5,400 flats of Amrapali for Rs 2k cr in NCR. The proceeds from unsold units will be utilised to complete the stalled projects of Amrapali group
Ruchi Soya FPO subscribed 12% on Day 1. On Wednesday, Ruchi Soya allotted shares worth Rs 1,290 crore to anchor investors at Rs 650 apiece
Motherson bags order from Boeing to manufacture aftermarket polymer parts. Motherson said it is scaling its capabilities to provide integrated solutions to the aerospace industry
Airtel demos 5G, showcases immersive experiences with high-speed network. Low latency helps in streaming a very high volume of data with minimal delay
Blacksoil provides .5mn in debt funding to three startups. The three startups are Blu-Smart Mobility-an electric shared mobility platform, BigHaat-an agri inputs digital marketplace platform and LoanTap- a fintech offering personal loans
University of California picks up 0.57% stake in Kotak Mahindra Bank. The stake was purchased at Rs 1,699 per share from Canada Pension Plan Investment Board (CPPIB), data released by BSE showed
Sanjiv Goenka group scouts for retail, IT acquisition targets. The group, with billion in annual revenues, is also scouting for targets in power utilities as well as IT-enabled services, where it has already bought three companies in the past 12 months
Uber launches advisory council to address drivers' concerns. Uber on Wednesday announced the launch of its first National Driver Advisory Council which will facilitate a two-way dialogue between the ride-hailing company and drivers to address critical issues and improve their platform experience.
BabyChakra acquires Tinystep to build India's largest mother-baby platform. Deal, whose value wasn't disclosed, will allow BabyChakra to expand regional footprint with a platform covering 9 languages
Biocon Executive Chairperson Kiran Mazumdar-Shaw elected as RSE fellow. Mazumdar-Shaw, who is also the Executive Chairperson of Biocon Biologics, will be joining RSE's current fellowship of around 1,700 fellows, the company said in a statement
CCI clears Blackstone, TPG buying stakes in Busybees Logistics. Competition Commission of India (CCI) has approved the proposed stake acquisitions by Blackstone and TPG in Busybees Logistics Pvt Ltd.
Ruchi Soya allots shares worth Rs 1,290 cr to anchor investors ahead of FPO. Ruchi Soya has priced its FPO in the range of Rs 615-Rs 650 per share.
Sun Pharma, Ranbaxy Inc sign pact with 2 plaintiff groups to settle claims. Sun Pharma said has disputed the claims of the plaintiffs and defended these matters vigorously
Triveni Turbine arm to acquire 70% stake in S African firm TSE Engineering. With the acquisition of these shares, TSE will become a step down subsidiary of Triveni Turbine Ltd
Grab some popcorn: Mukesh Ambani vs Gautam Adani rivalry is getting intense. Their balance sheets and visions are different but a confrontation between the billionaires looks almost guaranteed.
Will Zomato's 10-minute food delivery turn out to be a game changer?. Zomato on Monday promised to deliver food within ten minutes of ordering, arguably becoming the first company in the world to do so. So, what does it mean for the food delivery ecosystem?
What is attracting IT giants to smaller cities?. Tech companies are venturing into smaller cities in search of talents. And they are finding many in cities like Coimbatore, Bhubaneswar, Lucknow and Jaipur. What are the reasons for this trend?
Rage Coffee onboards Virat Kohli as investor and brand ambassador. Rage Coffee is planning to expand its online presence and offline footprint Pan-India and will utilise the fresh capital for marketing and distribution purposes
I-T searches at Hero MotoCorp CMD Pawan Munjal's premises for 'tax evasion'. About 25 locations in Delhi, Gurugram and other parts of northern India.
Nayara Energy buys Russian Urals crude after gap of 1 year: Report. Indian private refiner Nayara Energy, part-owned by Russia's Rosneft, has purchased Russian oil after a Urals a year, buying about 1.8 million barrels of Urals from trader Trafigura
OfBusiness financial arm Oxyzo raises 0 mn in Series A funding round. The funds will be used to expand Oxyzo's broader digital financial services play organically and inorganically across a strong own balance sheet play
Beauty brand Plum raises Rs 270 cr in Series C round led by A91 Partners. The fresh capital is expected to add momentum to Plum's gameplan of further strengthening its omni-channel presence, building new categories and enhancing R&D capabilities
Stanza Living secures mn debt financing from Kotak Mahindra Bank, RBL. With an inventory of more than 75,000 beds, Stanza Living is the managed accommodation provider of choice for students and working professionals migrating to 23 cities across the country
Indian husband and wife entrepreneurs mint own unicorns within a year. Ruchi Kalra co-founded digital lending startup Oxyzo Financial Services; her husband Asish Mohapatra set up OfBusiness to provide financing using technology.
Meesho launches integrated e-commerce app for buyers and sellers. Internet commerce firm Meesho announced the launch of an integrated e-commerce mobile app for buyers and sellers as part of efforts to drive the digitisation of small businesses in the country.
HDFC approves retail home loans to the tune of Rs 2 trillion in FY22. The demand for housing loans is being driven by first time homeowners as well as by those who are looking to move up the property ladder.
MDH denies any move to sell business to Hindustan Unilever. Leading spice maker MDH Ltd has refuted the reports of a possible sale of its business to FMCG maker HUL. The reports suggested that MDH promoters are in talks to sell their business to HUL. Terming such reports as "completely false, fabricated and baseles
TCS Rs 18,000 cr buyback subscribed 7.5x, with 300 mn shares tendered. Acceptance ratio is lower than previous buybacks done by the firm
Bajaj Electricals extends licence pact with Morphy Richards for 15 years. Morphy Richards is part of the Irish international electrical appliances group Glen Dimplex
Hero Moto confirms I-T officials visited offices, residence of Pawan Munjal. The company called it a 'routine inquiry, which is not uncommon before the end of the financial year'
No plan under consideration for BSNL's disinvestment: Govt tells Parliament. The current strength of employees is sufficient for the operation of the state-owned telecom corporation, Chauhan said
Top headlines: HDFC approves Rs 2-trn loans; I-T raids Hero Moto premises. Business Standard brings you the top headlines on Wednesday
Meesho launches integrated e-commerce app for buyers and sellers on Android. Sellers, in particular, can expect a superior e-commerce experience with access to multiple features on the app, which were earlier present only on the web versions
Co-working space player iSprout raises mn in pre-series A funding. Large part has been invested by a top infra firm's director; after the round over 75% ownership in iSprout will be with the four co-founders and this investor
Discoms owe Rs 1 trillion to power generating firms till Feb: Power Min. The outstanding amount of the discoms (power distribution companies) becomes overdue after 45 days of raising the bill for supply of power by gencos.
Income tax department searches 24 premises of Hiranandani group. Last week, several premises linked to Omaxe were searched by the department for allegedly indulging in "unaccounted" cash transactions with customers of around Rs 3,000 crore.
To 'protect interest', banks to move DRT's Mumbai bench against Future. The lead bank of the consortium has to issue notice under the Securitisation and Reconstruction of Financial Assets and Enforcement of Security Interest Act (SARFAESI).
NCLT extends Jet Airways revival plan deadline till March 29. The deadline has been extended by a week to allow lenders to formulate their view on the consortium's application. The matter will now be heard on March 29.
Bombay High Court allows EGM to vote on Zee managing director removal. Invesco holds an 18 per cent stake in Zee and wants to remove Goenka from the board and appoint its own nominees after a bitter legal feud broke out between the shareholders.
Gateway Distriparks ends at Rs 75 on relisting, valuation at Rs 3,730 cr. The Street was expecting the stock to list above Rs 90-close to the adjusted price pre-amalgamation
ArcelorMittal, Greenko to set up 0 mn renewable energy project. Project will be owned and funded by ArcelorMittal, will enable AM/NS India to prune power costs and carbon emissions
Madhulika Bhaskar of GIC Re named acting chairman of New India Assurance. The position of CMD of New India has been lying vacant since former chairman Atul Sahai retired on February 28
Infosys to acquire German digital marketing firm Oddity for Euro 50 mn. With more than 300 digital experts, Oddity is one of the largest independent digital agencies from Germany. For CY21 the company had revenue of Euro 21.6 mn
Indiabulls board approves fundraising plan of up to Rs 50,000 cr. Funds can be raised via NCDs on one or more tranches as private placement
Indian Hotels to eliminate single-use plastic across properties by 2030. Tata group hospitality firm Indian Hotels Co Ltd (IHCL) on Tuesday said it will completely eliminate single-use plastic across all its hotels by 2030, besides committing to skill 1 lakh youths in the next five years as part of its sustainability and social
Adani Power, Japan's IHI & Kowa join hands for sustainable power generation. This will aim to promote energy cooperation between Japan and India through diverse and realistic energy transitions utilising all energy sources and technologies
Teleperformance aims to be Euro 10 bn by 2025; India to play key role. The company which has 80% of its headcount in India, is ensuring that the country continues to support this growth
Zomato faces backlash on social media over 10- minute delivery plan. Online food delivery platform Zomato was on Tuesday forced to clarify over the road safety of its delivery partners as its plans to start instant 10-minute food delivery faced backlash on social media. Zomato founder Deepinder Goyal, who had on Monday anno
Tata Coffee board approves re-appointment of Chacko Thomas as MD and CEO. Thomas is the managing director and chief executive officer of the company since April 1, 2019
Adani Ports cargo volumes accelerate to 300 million metric tonnes. Adani Ports and Special Economic Zone Ltd (APSEZ) on Tuesday said it has achieved the milestone of handling 300 million metric tonnes (MMT) of cargo well ahead of the year end
TCS ready to roll out 5G network for telecom operator anyday. IT major TCS is ready to put in place 5G network for any telecom operator across the globe on any given day and the company is working in India on a country-specific gears for the network, a senior company official said. TCS head for Communication, Media &
CCPA imposes Rs 10 lakh penalty for misleading ads of Sensodyne. Advertisements which show endorsements by foreign dentists have been ordered to be discontinued as per the earlier order passed by CCPA
Adani Power board okays merger of six wholly-owned subsidiaries. Adani Power on Tuesday said its board has approved an amalgamation scheme for the merger of its six wholly-owned subsidiaries with itself.
Hotel bookings for March-May period cross pre-pandemic levels, says IHCL MD. Hotel bookings for the March-May period this year have surpassed the pre-pandemic levels of the same period of 2019, led by strong domestic demand, Indian Hotels Co Ltd (IHCL) Managing Director & CEO Puneet Chhatwal said on Tuesday. The head of the Tata gr
Kochi-based startup launches video solutions to CBSE maths problems. Showans.com, the web portal, has initiated the service explaining answers to multiple-choice questions in video format
Parl panel suggests third-party audit of CSR spending by companies. The Parliamentary Standing Committee on Finance expressed concerns over the monitoring mechanism in ensuring compliance with the provisions of CSR
Recover coal companies dues from utilities vigorously, suggests Par panel. The Standing Committee on Coal, Mines and Steel in its report tabled in Parliament said that a huge amount of dues are outstanding from the states and other utilities
GPUIL to start trading on stock exchanges from Wednesday. Equity shares of GMR Power and Urban Infra Ltd, the non-airport business company of the GMR Group, will start trading on BSE and NSE from Wednesday onwards. "The scrip will trade under the script ID GMRP&UI," the company said in a statement. GMR Power and
Cybersecurity startup Technisanct receives fresh investment of Rs 2 crore. The company said it received the investment with participation from Shashidhar Pai (S3K Ventures), K T Chandy (Partner-EY) and Surabhi Marwah (Partner-EY)
Zomato in a spot as 10-minute delivery plan faces ire from all quarters. Restaurants are, at the moment, averse to the 10-minute delivery plan
Banks to start debt recovery proceedings against Future Retail: Report. Indian lenders are set to initiate debt recovery proceedings against Future Retail this week to safeguard their interests after rival Reliance unexpectedly took over some of the retailer's stores
Chemveda Life Sciences to invest Rs 150 cr for expansion in Hyderabad. Chemveda Life Sciences is a Hyderabad and San Diego headquartered mid-sized contract research organisation which provides solutions to the pharmaceutical, biotechnology and agrochemical industries
Voting advisory firm IiAS gives a thumbs up to Vodafone Idea fund raise. Promoter infusion will pave the way for Rs 10,000-cr additional fund raise for Vodafone Idea Ltd., say experts
Warren Buffett ends drought with Berkshire's .6 bn Alleghany purchase. Warren Buffett's Berkshire Hathaway struck an agreement to buy insurance company Alleghany Corp for .6 bn, weeks after the 91-year-old billionaire bemoaned a lack of good investment opportunities
Malaysia's IHH Healthcare offers .35 billion for Ramsay-Sime Darby JV. Ramsay Health Care Ltd and Malaysia-based Sime Darby Holdings have received a .35 bn buyout offer from IHH Healthcare Bhd for their Asia joint venture, the Australian hospital operator said
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