NSE share market NEWS tomorrow (13 January, 2022). NSE stocks in NEWS (tomorrow)
NSE share market NEWS tomorrow (13 January, 2022). NSE stocks in NEWS (tomorrow) These are NSE stocks which will be in NEWS tomorrow as on 13 January 2022
Polycab India was amongst the top gainers, currently trading at 2685.15 in NSE with 8.909 times change in volumes and 8.237% change in price. Other gainers included Tata Steel with 6.446% price change and 3.122 times volumes, Jindal Steel with 5.84% price change and 3.304 times volumes, Pb Fintech with 5.329% price change and 1.648 times volumes, and Tata Elxsi with 4.705% price change and 2.247 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.
Wipro was amongst the top losers, currently trading at 649.75 in NSE with 2.622 times change in volumes and -6.017% change in price. Other losers included Suzlon Energy with -4.898% price change and 0.681 times volumes, One 97 with -4.701% price change and 0.899 times volumes, Kpit Technologies with -2.933% price change and 1.542 times volumes, and Oberoi Realty with -2.806% price change and 0.361 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.
Bengaluru outstrips Chinese cities in tech VC funding in 2021: Report. Global tech VC investment into startups hit a record level of 5 billion in 2021, doubling the previous all-time high of 0.6 billion in 2020
Paytm Payments Bank leads UPI beneficiary chart with 926 mn transactions. Paytm Payments Bank has emerged as the biggest receiver of UPI amount with 926.17 million transactions while public sector bank SBI topped the chart of being the biggest remitter in December
Microsoft reportedly discontinues manufacturing all Xbox One consoles. As per the report, the company seems able to meet the demand for the 9 Xbox Series S, though
TSMC to invest record billion on chip capacity expansion in 2022. For the October-December period, TSMC's net profit reached a record NT6.23 billion
'Guidelines for telcos' dues conversion into equity likely in a month'. 'DIPAM is likely to work on the details and then send it to the Department of Telecom. The process should not take more than a month,' says a senior government official
Tata Teleservices stocks hit 5% lower circuit for 2nd straight session. Shares of Tata Teleservices have hit the 5% lower circuit for the second consecutive session as the company decided to opt for conversion of the interest from AGR dues into equity
2021 record year for Indian tech investments, Bengaluru in world's top 5. The year 2021 was a record one for venture capitalist (VC) technology sector investments in India, which jumped from ranking fourth globally in 2020 to third, according to new research released in London on Thursday. The analysis conducted jointly by Londo
Braithwaite & Co aims at Rs 2,500 crore revenue, IPO by FY26. State-run Braithwaite & Co Ltd is aiming at a four-fold increase in its revenue to Rs 2,500 crore and planning to hit the capital market with an Initial Public Offer by the 2025-26 fiscal, a top company official said on Thursday. The public sector undertak
State Bank of India raises 0 million of Regulation S Formosa bonds. Formosa bond is a bond issued in Taiwan
Housing finance co, 8 NBFCs surrender certificates of registration to RBI. The eight NBFCs too cannot carry out the business of non-banking financial institutions
Why Tata Group is going for IPL branding?. Tata Group's debut into the Indian Premier League comes at a time when the 100-year-old company is increasing its digital footprint. So, is the googly meant to startle the young crowd? We find out
Startups can help India's rural economy go digital: Piyush Goyal. Goyal called upon startups to help micro-entrepreneurs in rural areas leverage technology to grow their businesses and encourage farmers, artisans to use digital platforms to sell their products
Adani Group, POSCO sign agreement to develop steel mill in Gujarat. The investment is estimated to be up to billion, according to the statement.
Tesla isn't in India yet due to 'challenges with govt', says Elon Musk. Disagreements over a local factory and the country's import duties of as much as 100% have led to an impasse between the company and the administration.
Indian IT leaders TCS and Infosys confident on digital services growth. BENGALURU (Reuters) -Infosys raised its revenue forecast and Tata Consultancy Services (TCS) predicted robust demand on Wednesday as the Indian IT giants said they expect tech spending to continue, particularly for digital services such as the cloud.
LEAD becomes first edtech unicorn of 2022, raises 0 mn in Series E round. The company plans to use the proceeds to achieve its vision of providing quality affordable education to more than 25 mn students with an annual revenue run-rate of bn
PointOne Capital announces final close of its maiden Rs 50 crore fund. The fund has onboarded Silicon Valley and India-based entrepreneurs, CXOs and seasoned corporate, startup leaders and mid-sized family offices as its LPs
Chip firm TSMC Q4 profit rises 16.4% to a record, beats market forecasts. TSMC posted a 16.4% rise in quarterly profit to a record, thanks to robust global demand for semiconductors
ORAI raises Rs 6.5 crore in pre-series A funding round led by IPV. ORAI is a platform that offers customers end to end platform + solution + service.
Apple's 2021 sales in South Korea soar 24% to top .97 billion. Apple Korea's sales jumped 24 per cent on-year to hit .97 billion last year, a new data showed on Thursday
NCLAT to hear Amazon plea challenging CCI order in Future deal on Feb 2. The appellate tribunal has directed the Competition Commission of India and FCPL to file their reply in next 10 days and Amazon to file a rejoinder over it.
Yara and Lantmaennen to launch 'fossil-free' fertilisers in Sweden. Norway's Yara and Sweden's Lantmaennen will next year introduce products that could eventually become the world's first fossil-free nitrogen fertilisers, the companies said
TVS Motor Company, Swiggy join hands for food delivery on electric vehicles. TVS said in a statement that the partnership highlights its commitment to strengthen electrification across diverse mobility segments
Health-tech company HCAH raises Rs 112 cr from ABC World Asia. HCAH will use this investment to build presence in physical rehabilitation and recovery space through its service range of home ICU, in-patient rehab in transition care centres, digital and home rehab
2 bn units of renewable energy procured for aluminium smelter: Vedanta. Vedanta on Thursday said it has procured about 2 billion units of renewable energy through power exchanges for its aluminium smelter located in Jharsuguda, Odisha.
Indian startups raised bn in 2021, up from .5 bn in 2020: Report. Indian startups have raised billion in 2021, up from .5 billion in the previous year, a report by Orios Venture Partners said
WayCool Foods raises 7 mn in Series D from Lightrock, IFS and others. The agri-commerce firm has begun building its next-gen centre in Bengaluru, which will have a tech platform with layers of AI and analytics, and labs for robotics, IoT and automation
Group Meeran invests Rs 4.5 cr in online logistics company ShipNext. ShipNext has launched 'WeTruck' and 'WeTruck Partner,' which claim to be India's first mobile applications for long-haul logistics customers and service providers
Vedanta puts -bn price tag on privatisation-bound Bharat Petroleum. Vedanta chairman Anil Agarwal expects India to open the bids for BPCL in March
Sugar Cosmetics' parent company picks up majority stake in ENN Beauty. Deal value not disclosed. With it, ENN Beauty will be able to leverage a digital audience of over 50 mn as it ramps up its retail presence to over 100 outlets by next fiscal
RIL to invest Rs 5.95 trn in Gujarat for green energy, other projects. The MoU entails an investment of Rs 5 trn in Gujarat over the next 10-15 years for setting up a 100 Gw Renewable Energy Power Plant and Green Hydrogen Eco-System
Tata Motors global wholesales sees 2% rise to 285,445 units in Q3. Tata Motors on Thursday reported a 2 per cent year-on-year increase at 2,85,445 units in group global wholesales, Jaguar Land Rover, for the third quarter of FY22.
Top headlines: RIL to invest trn in Gujarat; BPCL gets -bn price tag. Business Standard brings you the top headlines on Thursday
Mindtree Q3 profit up 34% YoY to Rs 438 cr, rises 9.7% sequentially. Attrition for the quarter rose to 21.9%, from 17.7% the preceding quarter
TheMathCompany raises mn in investments led by Brighton Park Capital. The minority investment will speed up firm's expansion in US and EU, enhance its next-gen proprietary platform Co.dx, which drives value for businesses through analytics at speed and scale
Sanofi India Managing Director Rajaram Narayanan resigns. Drug firm Sanofi India on Thursday said its Managing Director Rajaram Narayanan has put in his papers
Future-RIL deal: NCLAT agrees to hear Amazon's appeal against CCI. But the appellate tribunal has refused Amazon interim relief in plea against CCI order on Future deal.
IT Q3 results: TCS and Infosys beat Street estimates, Wipro misses. Tata Consultancy Services okays Rs 18,000-crore buyback
InvaGen to continue to hold shares in Avenue Therapeutics: Cipla. In November 2018, Cipla had announced that InvaGen Pharmaceuticals Inc has entered into definitive agreements to acquire US-based speciality business firm Avenue Therapeutics for up to 5 million
APTEL reinstates 50 MW wind project being developed by Inox Wind arm. APTEL has directed to extend the scheduled commercial operation date (SCOD) of the project by the requested period and also set aside the invocation/ encashment of its bank guarantee
Mercedes aims for double-digit growth; plans to launch 10 products in 2022. Mercedes-Benz India on Wednesday said it expects to log in double-digit sales growth this year as compared with 2021 as it plans to roll out 10 new products in the market during the period.
Vodafone Idea, Tata Teleservices, TTML will not become PSUs: Govt. Telecom operators Vodafone Idea Ltd, Tata Teleservices Ltd and Tata Teleservices (Maharashtra) Ltd will not become PSUs after their interest payable on dues are converted into government equity
Wipro expects to hire about 30,000 freshers in next financial year. Wipro on Wednesday said it expects to hire about 30,000 freshers in FY23, as the IT services major strives to ensure that supply is not a constraint in managing the robust demand environment
Rooter raises million from Lightbox, March Gaming and others. According to a report issued by RedSeer and Lumikai, India is expected to be home to 700 million gamers by 2025
Motherson Sumi eyes 25% revenue from non-automotive business in next 5 yrs. The company has recently received nod from the NCLT for the group's restructuring
Infosys working very closely with I-T Dept on tax portal: Salil Parekh. Infosys CEO Salil Parekh on Wednesday said the company is working closely with the Income Tax Department on the next set of areas related to the I-T portal as new modules will be added to it.
Realty firm Kolte-Patil Q3 sales bookings jump 77% to Rs 561 cr. Pune-based Kolte-Patil Developers Ltd on Wednesday reported a 77 per cent jump in its sales bookings to Rs 561 crore for the quarter ended December. Its sales bookings stood at Rs 317 crore in the year-ago period. In a statement, the company said its sales
Sebi grants recognition to CDSL Ventures as accreditation agency. CDSL Ventures is a wholly-owned subsidiary of depository CDSL
Future Coupons deal: NCLAT to hear Amazon's plea against CCI order on Thurs. Amazon's petition is scheduled to be heard by a two-member bench comprising Justice M Venugopal and V P Singh of the Principal bench
Precision Shipyard land to boost shipbuilding capability: Titagarh Wagons. The land and facility was acquired under an auction sale by Union Bank of India
Dixon forms JV with Japan's Rexxam to manufacture printed circuit boards. Dixon Devices, the joint venture company, will be 40 per cent owned by Dixon and the rest 60 per cent by Rexxam
PGCIL inks pact with Africa50 for Kenya Transmission Project. Once completed, the project will be the first independent power transmission (IPT) in Kenya and will set a reference point in Africa
Digital platforms help unlock up to 30% more value for microentrepreneurs. The report noted that collaborative efforts of government at macro and micro level, institutional bodies and digital platforms can act as growth catalysts
Govt puts brakes on CEL privatisation after employees union goes to court. The government has put on hold the privatisation of Central Electronics Ltd (CEL) after the employees union approached the court against the sale of the company to a little-known firm, a top official said Wednesday. Allegations of under-valuation in the Rs
Neobank Kaleidofin raises million in series B round of funding. The latest fundraise takes the total funds raised by Kaleidofin till date to million
ToolJet raises .5 mn in seed funding round led by Nexus Venture Partners. The company intends to use the funding for team expansion to accelerate the development of the core platform of ToolJet
Share issue to govt expected in a month's time: Vi CEO Ravinder Takkar. Takkar reiterated that the company's existing promoters and management will continue to be in charge of the company. There will be no government nominees on the board either.
Earned wage access platform Refyne raises mn in Series B funding round. A study reported that 81 per cent of employees face a liquidity crunch between pay cycles. Refyne aims to address that problem.
Govt seeks Rs 15-trn valuation for LIC in India's biggest IPO: Report. If investors agree with those calculations proposed by the government, LIC would join the league of India's biggest companies like RIL and TCS
English learning platform Freadom raises .5 mn from Capital A, others. Freadom equips children to learn to read in English in any country where it is an aspirational second language, via its recommendation engine.
Philips sees Q4 earning dipping 40% due to part shortage, ventilator recall. Philips on Wednesday said it expected fourth-quarter core profit to drop around 40% to about 650 million euros (9.25 million)
Kalpataru Power raises Rs 200 cr via issuing non-convertible debentures. Kalpataru Power Transmission Ltd on Wednesday said it has raised Rs 200 crore through the issuance of non-convertible debentures (NCDs).
Reforms helped investor concerns; to continue fundraising plans: VIL CEO. The slew of reforms announced by the government have helped assuage investor concerns in the sector, and Vodafone Idea expects to continue its fundraising plans, VIL CEO Ravinder Takkar said.
Nokia, Tech Mahindra partner for 5G-based solutions for enterprises. Finnish telecom gear maker Nokia and Tech Mahindra have joined hands to deploy 5G-based solutions for business organisations, according to a joint statement by the two companies. Under the collaboration, Tech Mahindra will leverage Nokia's private wireless
US judge rejects Facebook's request to dismiss antitrust complaint. In a blow to Facebook, US federal judge ruled that US antitrust officials can continue their case to break up Meta, Facebook's parent company
K-Rail: Global agencies including JICA offer support, says Kerala CM. Chief Minister Pinarayi Vijayan has said that various global agencies including Japan International Cooperation Agency (JICA) have already offered financial support to the mammoth initiative.
Online travel platform EaseMyTrip's board approves issuance of bonus shares. EaseMyTrip said its board has approved issuance of bonus shares with a view to allow its shareholders increase their equity and gain greater exposure to its future growth
Simple Energy to deliver maiden e-scooter 'Simple One' from June. Bengaluru-based electric two-wheeler maker Simple Energy on Wednesday said it will start deliveries of its maiden e-scooter 'Simple One' from June, after more than nine months of its launch in the market. The company said it has already received over 30,00
L&T bags two 'mega' offshore orders from overseas client. A consortium led by LTHE, a wholly-owned arm of Larsen & Toubro, has bagged two mega offshore orders from a prestigious overseas client. The engineering and construction company, however, did not provide the exact value of the contract, but specified that
Wipro Q3 net profit flat at Rs 2,969 cr, declares interim dividend of Re 1. Consolidated revenue from operations rose 30% to Rs 20,313 cr
Aidrivers, Ashok Leyland to develop clean, greener autonomous vehicles. Aidrivers will provide AI-enabled autonomous solutions while Ashok Leyland will provide vehicle platforms; the partners will work to explore target markets and opportunities for cooperation
Aditya Birla Fashion collaborates with Germany's GIZ to boost circular biz. Aditya Birla Fashion and Retail Limited (ABFRL) on Wednesday announced collaboration with Germany's GIZ, a move aimed at strengthening circular business practices for the Indian market.
Infosys Q3 net rises 12% to Rs 5,809 cr, raises FY22 revenue guidance. Consolidated revenue rose 23% to Rs 31,867 cr
Global consumer spending on mobile apps hits 0 billion in 2021. The global consumer spending on mobile apps across iOS, Google Play and third-party Android app stores in China reached 0 billion in 2021
Bifurcating satellite bands for 5G may cost India 4 bn: SIA-India. The Satcom Industry Association (SIA-India) said on Wednesday that bifurcating satellite bands for the upcoming 5G auction is likely to incur a massive 4.6 billion loss to the country.
Foxconn India's iPhone plant restarts production after Dec protests. Foxconn restarted production at its plant in southern India on Wednesday, a company official said, about three weeks after it was closed because of protests over workers falling sick.
Curefoods raises mn, says will continue to acquire major cloud kitchens. Cloud kitchen platform Curefoods on Wednesday said it has raised million and will continue to acquire major cloud kitchen brands across the country.
RailTel to create 'edge data centres' for digital delivery in rural areas. RailTel has decided to create several "edge data centres" in rural and semi-urban areas to bridge the digital divide in the country and also accelerate the pace of digital transformation.
Supertech case: 'Return money to homebuyers by Jan 17,' says SC. The top court further asked Noida Authority to finalise the name of the agency that would be given the task to demolish the twin towers of the Supertech Emerald Court housing project
Macro factors have spooked Paytm's market performance: Vijay Shekhar Sharma. Sharma indicated that he would have bought more shares of Paytm if he could as it was trading cheaply
Wipro Q3 net profit flat at Rs 2,969 cr YoY, up 1.3% sequentially. Revenue for the quarter at Rs 20,311 crore was up 29.6 per cent YoY and and 3.3 per cent sequentially
Artha Energy launches Fintech platform for investing in Renewable assets. Firm says this is first such fintech platform for HNIs to own and invest in renewable assets; the facility already has assets worth Rs 7 crore which includes four projects
Infosys ups guidance, posts 12% rise in Q3 net to Rs 5,809 cr. In US dollar terms the company's revenue growth was 7 per cent in constant currency basis
Curefoods raises mn from Iron Pillar, Chiratae Ventures, Accel, others. Curefoods plans on utilising the investment to continue acquiring major cloud kitchen brands across the country.
TCS Q3 net rises 12% to Rs 9,769 cr, announces Rs 18,000-cr share buyback. TCS board has recommended a buyback of shares to the tune of Rs 18,000 cr at Rs 4,500 per share
CarTrade Tech plans to launch 200 abSure outlets across India in 2 years. Automotive platform CarTrade Tech said on Wednesday it plans to launch over 200 abSure (Absolute Sure) retail outlets, a one-stop tailor-made retail facility, pan-India in the next two years.
Paytm's payments revenue expected to grow 50%-60% in Q4FY22: Sharma. Paytm's revenue from payments, including merchant transfers, is expected to be at around 0 million in the current quarter with a growth of 50-60% on a year-on-year basis
TCS Q3 net profit rises 12%, announces Rs 18,000-cr share buyback. The company reported revenue for Q3 FY22 was at Rs 48,885 crore, up 16.3 per cent YoY and 4.3 per cent QoQ.
Companies plan to increase CSR funding towards skill, education: Survey. A significant percentage of companies in India plan to increase their corporate social responsibility funding towards skilling and education in 2022, says a TeamLease EdTech survey.
Hindustan Unilever hikes prices of soaps and detergents by 3-20%. This comes on the back of rising raw material costs, which had forced the company to initiate several similar rounds of price hikes last year, too
Govt to pick up 9.5% stake in Tata Teleservices subsidiary. The dilution in Tata Sons' stake in TTL is not known
Vodafone Idea dues conversion will free up money to pay lenders. A top executive at a private bank said the money that was going towards paying government dues would stay in the books and should be used for loan payment
Supreme Court reserves verdict on pleas of Future group companies. Amazon had dragged Future Group to arbitration at SIAC in October last year, arguing that FRL had violated their contract by entering into a deal with rival Reliance Retail
DFAN, SCV form partnership to invest Rs 100 crore in tech startups. This partnership is aimed to strengthen the startup ecosystem by actively investing in startups along with providing active mentorships, advisory and business development
L&T's arm dispatches mega tubular reactors to overseas plants. Larsen & Toubro (L&T) on Tuesday said that its heavy engineering arm has dispatched two large ethylene oxide reactors, weighing 1,200 tonnes each, from Hazira, Gujarat to a large petrochemical complex overseas. This was a repeat order after four identical
Fantasy sports firms contribute biz worth Rs 3,000 cr: Dream Sports CEO. During the IAMAI Digital Summit, Dream Sports co-founder and CEO Harsh Jain said the company is looking to invest in start-ups and anything that makes sports better
Beverages start-up Lahori gets mn from Belgian fund Verlinvest. The non-alcoholic beverage industry is expected to exceed billion by 2026
Boeing airliner sales jump but deliveries lag rival Airbus. Boeing said Tuesday that it delivered 38 commercial planes in December and 340 for all of 2021
M-cap of BSE-listed companies at fresh lifetime high of over Rs 275.2 trn. The market capitalisation of the BSE-listed companies reached a fresh lifetime high of over Rs 275.20 lakh crore on Tuesday, driven by a continuous rally in the equity market
Maersk reports 43% growth in containerised rail export cargo in 2021. Global container logistics major Maersk India on Tuesday said it has posted 43 per cent growth in the movement of containerised export cargo on the rail in 2021. It has also launched 13 new weekly dedicated rail services during the period, the company adde
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