NSE share market NEWS tomorrow (12 January, 2022). NSE stocks in NEWS (tomorrow)
NSE share market NEWS tomorrow (12 January, 2022). NSE stocks in NEWS (tomorrow) These are NSE stocks which will be in NEWS tomorrow as on 12 January 2022
Idea Cellular was amongst the top gainers, currently trading at 12.80 in NSE with 0.406 times change in volumes and 8.475% change in price. Other gainers included Indian Hotels with 5.684% price change and 2.419 times volumes, Adani Green with 5.077% price change and 1.532 times volumes, Rbl Bank with 4.755% price change and 1.329 times volumes, and Suzlon Energy with 4.701% price change and 1.412 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.
Inox Wind was amongst the top losers, currently trading at 124.45 in NSE with 0.68 times change in volumes and -5.541% change in price. Other losers included Avenue Supermarts with -5.079% price change and 3.185 times volumes, One 97 with -3.3% price change and 0.99 times volumes, Pg Electroplast with -3.041% price change and 0.958 times volumes, and Cg Power with -2.418% price change and 2.062 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.
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
Employee connect crucial to build culture esp for freshers: Rishad Premji. Says the top challenge that the IT industry is facing right now is talent. The companies who win the war on talent, win the game
Google For Startups announces its next cohort with 20 Indian startups. Tech giant Google announced the sixth batch of the Google for Startups Accelerator India -- with 20 startups -- to help them focus on their key business and technology problems
MCL offers 2.25 mn tonne coal to power consumers via road-cum-rail mode. CIL arm Mahanadi Coalfields Ltd said it has offered 22.5 lakh tonnes of coal to power consumers via the road-cum-rail mode
SC reserves order on allowing Future Group to proceed with Reliance deal. Senior advocate Harish Salve, representing FRL, submitted that company is in a precious financial situation due to pandemic, and if its deal is obstructed, then 30,000 employees may lose their jobs
Glamplus raises 0,000 in pre-series A round from Blume Ventures, others. Funds will be utilised in vertical tech SAAS capabilities along with expansion of B2B marketplace business to scale to 10,000 partners and monthly revenues of Rs 5 crore/month by March
FreshToHome received nearly one order every second in 2021: Report. Recording an all-time high, nearly one order every second was received by fresh fish and meat e-commerce platform FreshToHome, a new report said on Tuesday.
Federal Bank arm Fedbank Financial Services gets board approval for IPO. The board approval is subject to market conditions and receipt of applicable approvals
CrowdStrike launches 0-mn Falcon Fund-II for investment in cybersecurity. CrowdStrike Holdings Inc announced the launch of Falcon Fund-II, a 0-million investment vehicle, in partnership with Accel focused on cross-stage private investments within cybersecurity
Madras High Court upholds single judge's order against SpiceJet. Justices Paresh Upadhyay and Sathi Kumar Sukumara Kurup dismissed the appeal preferred by the private carrier
DB Realty seeks shareholders nod to raise up to Rs 563 cr via warrants. The company informed that an extraordinary general meeting (EGM) has been called on February 2 to consider this proposal
NCLAT disposes of DoT petition against Videocon resolution plan. A two-member bench observed that the appellate tribunal earlier this month had already set aside the June 8 order passed by the Mumbai bench of the National Company Law Tribunal (NCLT)
Fintech startup Rupeek gives out billion in gold-backed loans. Consumers in India -- where gold is considered both a status symbol and a popular investment -- hold about .5 trillion of the precious metal, mostly in jewelry, according to the World Gold Council
Govt to own 35.8% in Vodafone Idea after converting dues, says company. This will result in dilution for all the existing shareholders of the company, including the founders
Govt set to become largest shareholder of Vi, to own 35.8% stake. While the government may become the largest shareholder, it may not get involved in running the company.
Singapore Airlines aims to raise 0-0 mn in US bonds deal: Report. Singapore Airlines is aiming to raise 0 million to 0 million in a US dollar bond deal, according to two sources
Japan's Mizuho to acquire US private equity agent Capstone: Report. Mizuho Financial Group plans to acquire US private equity placement agent Capstone Partners, a person familiar with the matter said
How Amazon-Reliance battle for retail supremacy became a legal jungle. For more than a year, Amazon.com Inc and India's Future Group have been locked in a complex legal stand-off that has stalled Future's .4 billion sale of assets
JSW Steel says group's combined output grows 28% to over 5 MT in Oct-Dec. JSW Steel on Tuesday posted a 28 per cent year-on-year growth in group combined steel production at 5.35 million tonnes (MT) during the quarter ended December 30, 2021. In a statement, the JSW Group company said it had produced 4.18 MT in the October-Decem
LazyPay joins the cards bandwagon, eyes 1.5 mn customers this year. The BNPL platform said it is on track to grow three-fold in monthly disbursals to Rs 300 crore in January on a year on year basis.
Product management platform Zeda.io raises .2 mn in seed capital. Zeda.io's one-stop comprehensive product management suite is designed to simplify the processes by bringing together all things needed to define, manage and collaborate on products
Agritech startup Pepper Farms raises mn as seed funding from investors. Agritech startup Pepper Farms has raised million (around Rs 7.39 crore) from investors to grow its business
Madras High Court dismisses SpiceJet's appeal against winding up order. The airline has time till January 28 to move the Supreme Court.
Hyundai Motor, Boston Dynamic declare to create better life via robotics. "We will lead the robotics technology to create a better life for customers and ourselves."Boston Dynamics Chairman Marc Raibert and Hyundai Motor Group's Robotics Lab Executive Director Hyun Dong-jin held a press conference at the Mandalay Bay Convention
Waste management-focused Recykal raises mn from Morgan Stanley, others. Waste management-focused startup Recykal on Tuesday announced a USD 22 million (around Rs 162.58 crore) fund raise led by Morgan Stanley India.
DMI Finance raises mn in equity investment from Sumitomo Mitsui, others. DMI Finance, lender since 2009, is the non-banking financial company of the DMI Group
Tencent to acquire Xiaomi-backed Black Shark for 0mn: Report. Tencent Games, the world's largest gaming company with hits like PUBG: Mobile and Arena of Valor, is reportedly planning to acquire Xiaomi's BlackShark Gaming division
Aurobindo Pharma arm CuraTeQ expands scope of distribution pact with Orion. Aurobindo Pharma on Tuesday said its subsidiary CuraTeQ Biologics has expanded the scope of its marketing and distribution agreement with Orion Corporation (Orion)
Nokia to exceed 2021 guidance with help from venture fund investments. Finnish telecoms equipment maker Nokia on Tuesday said it expected to exceed its 2021 earnings guidance, with its venture fund investments driving the boost.
Tata Group to replace Vivo as IPL title sponsor from this year. The formal clearance was given after a meeting of the Indian Premier League (IPL) Governing Council on Tuesday
Shriram Transport Finance raises 5 million through social bonds. Asset financing company Shriram Transport Finance Company said it has raised 5 million (about Rs 3,500 crore) through Reg S Bond, having a tenor of 3.5 years and offering a coupon of 4.15%
Graphic chip firm Nvidia acquires HPC software company Bright Computing. Graphic chip giant Nvidia has acquired Bright Computing, a leader in software for managing high performance computing systems used by more than 700 organisations worldwide, for an undisclosed sum.
Crib raises 0,000 in its pre-seed round to build the super co-living app. The round also saw participation from BlackSoil Capital along with marquee angels from Faad Network. Other notable angel investors are Shashwat Nakrani (Co-founder, BharatPe), Jasminder Singh Gulati (Co-founder, Nowfloats, acquired by Jio), Ajay Yadav (Fou
Supreme Court reserves verdict on pleas of Future Group firms. The apex court has been hearing pleas including the fresh petition of Future Group against the Delhi High Court's recent order declining its plea for stay on an arbitration tribunal decision refusing
Human presence is ultimate connection in Metaverse: Satya Nadella. As Metaverse becomes the new tech buzzword, Microsoft Chairman and CEO Satya Nadella said on Tuesday that human presence is the ultimate connection as the digital and physical worlds come together
IppoPay raises .1 mn in seed funding from Coinbase Ventures, others. Set up in November 2020, IppoPay has enabled 50,000 offline merchants and daily income earners in Indian Tier-2, Tier-3, and rural markets to boost their revenues through acceptance of payments online
Q3 preview: India Inc may see 100-120 bps margin compression, says report. The operating margin of India Inc is likely to drop in the December quarter with a 100-120 bps year-on-year decline, as 27/40 sectors are set to see crimped margins despite higher revenue, according to a report. Surging commodity prices and price hikes may
AI firm Fractal buys cloud and data player Neal Analytics for unknown sum. Founded in 2011, Neal Analytics is a Microsoft Gold Consulting Partner supporting its cross-industry clients, such as PepsiCo and Microsoft, in their data-driven transformation initiatives
Oye Rickshaw plans to deploy over 100,000 e-rickshaws this year. Matrix Partner-backed EV mobility firm Oye Rickshaw on Tuesday said it is planning to deploy over 1,00,000 e-rickshaws and expand operations to 25 new cities by this year.
Women-led DTC cos on the rise, make up 40% of segment on Instamojo: study. Over 500,000 women visited Instamojo website in 2021 inquiring about setting up their business on the e-commerce platform, the report says
Delhi: DLF sells properties worth Rs 1,500 cr in new luxury housing project. Realty major DLF Ltd said it has sold properties worth Rs 1,500 crore in its newly launched housing project at Moti Nagar in the national capital, reflecting strong demand for luxury apartments.
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