NSE share market NEWS tomorrow (11 January, 2022). NSE stocks in NEWS (tomorrow)
NSE share market NEWS tomorrow (11 January, 2022). NSE stocks in NEWS (tomorrow) These are NSE stocks which will be in NEWS tomorrow as on 11 January 2022
Adani Green was amongst the top gainers, currently trading at 1567.95 in NSE with 4.907 times change in volumes and 8.969% change in price. Other gainers included Au Small with 5.221% price change and 2.168 times volumes, Adani Enterprises with 5.209% price change and 3.068 times volumes, Suzlon Energy with 4.933% price change and 28.872 times volumes, and Phoenix Mills with 4.454% price change and 0.791 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.
Idea Cellular was amongst the top losers, currently trading at 11.80 in NSE with 9.709 times change in volumes and -20.539% change in price. Other losers included Jindal Steel with -5.033% price change and 2.424 times volumes, Steel Authority with -4.875% price change and 2.097 times volumes, Pb Fintech with -4.357% price change and 3.783 times volumes, and Jsw Steel with -3.928% price change and 3.753 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.
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.
Top headlines: Govt becomes Vi's largest shareholder; IPL gets new sponsor. Business Standard brings you the top headlines on Tuesday
Tata Teleservices opts for equity conversion; govt may get 9.5% stake. The company's decision comes on the same day when Vodafone Idea took a similar decision
Let's target to create 75 more unicorns by 2022-end: Piyush Goyal. The minister called upon stakeholders in the innovation ecosystem to strive to take India to the top 25 in the Global Innovation Index
Brookfield-backed IndoStar Capital Finance eyes 800 branches in four years. The non-banking financial company (NBFC) expects to grow loan book 4-5 times and also enter financing of used cars and tractors as part of its medium-term strategy
Trinity Alternative says no illicit transactions with Srei Group entities. On October 4, 2021, the Reserve Bank of India (RBI) superseded the boards of the group firms -- Srei Infra Finance and Srei Equipment Finance
Blackstone exits Mindspace Business Parks REIT; sells stake for Rs 1,740 cr. The REIT owns quality office portfolios located in four key office markets of India, namely Mumbai Region, Pune, Hyderabad, and Chennai
Airbus says deliveries of new airline jets are nosing higher. The company said it ended last year with a backlog of 7,082 aircraft on order
Facebook parent Meta delays office reopening, mandates booster shots. All workers returning to office will have to present proof of their booster jabs, while the company closely monitors the Omicron variant situation.
115 companies file applications under PLI scheme for auto component sector. The govt has approved the Production Linked Incentive scheme for automobile and auto components Industry in India with a budgetary outlay of ₹25,938 cr
Cargill opens innovation centre for developing solutions for F&B market. Global food major Cargill on Monday said it has opened its first innovation centre in India to develop solutions for the food and beverage market. The first Cargill Innovation Center at Gurugram in Haryana, spread over almost 17,000 square feet, includes a
Paytm records over four-fold jump in loan disbursals in Oct-Dec 2021. Paytm disbursed 44 lakh loans worth Rs 2,180 crore during the quarter
SJVN gets category 'I' licence for inter-state trading of electricity. State-owned SJVN Ltd said it has been given category 'I' licence for the inter-state trading of power in the entire country by the Central Electricity Regulatory Commission
NCLAT rejects petitions against Ola in alleged predatory pricing matter. NCLAT has rejected petitions filed by ride sharing players Meru and Fast Track Call Cab against Ola alleging predatory pricing ways and anti-competitive practices in Bengaluru market
2022 to see rise in adoption of chatbots, hiring in data analytics: Report. AI and machine learning will continue to grow in 2022
Maruti Suzuki says 8 models among top 10 passenger vehicles list of 2021. This is for the first time that eight models of the company made it to the top 10 list in a calendar year, it said
Telcos' gross revenues dip 1.36% in Jul-Sep 2021 to Rs 67k cr, AGR up 17%. Telecom service providers' gross revenue declined by 1.36 per cent on a year-on-year basis to Rs 67,300 crore in the July-September 2021 quarter, according to a Trai report released on Monday
Mother Dairy to focus on increasing market share in organised ghee segment. Leading milk supplier Mother Dairy on Monday said it will focus on increasing its market share in the organised ghee segment, having an estimated market size of Rs 40,000 crore, by expanding retail chain distribution five times over the next few years. At
RailTel declares interim dividend for FY22; total payout at Rs 56 cr. The RailTel Corporation of India Limited has declared an interim dividend at the rate of 17.5% of paid-up share capital for the financial year 2021-22
Non-life insurance firms register 7% rise in gross premium at Rs 18,953 cr. The non-life insurance companies had underwritten gross premium valuing at Rs 17,662.32 crore in December 2020
Vodafone Idea unlikely to convert interest on govt dues to equity: IIFL. The telecom company has to take a call on the issue by Wednesday
Timex Group gets manufacturing rights for Guess & Gc watches in India. Leading watchmaker Timex Group India Ltd on Monday said it has been granted manufacturing and distribution rights for Guess & Gc branded watches in the country. It has sealed a pact with Timex Nederland B.V. for the grant of manufacturing and distribution
Anupam Rasayan signs LoI worth million with MNC firm. The company, in a statement, said it will enter into a long-term contract to supply this life science-related speciality chemical product for the next five years
Greaves Cotton soars 20%, hits all-time high on the back of heavy volumes. Up 52% so far in Jan; demand has surged after EV arm reported strong sales
US-based trust files suit against Fortis, others; seeks .5 bn in damages. Fortis Healthcare on Monday said a US-based entity has filed a suit against it and various others, including IHH Healthcare Berhad
Is the Fairwork ratings on gig workers' condition a wake-up call?. Gig economy made itself known during the pandemic. The recent Fairwork ratings highlighted how well or poorly these workers of unorganised sectors were being treated by companies. A report
Foxconn India iPhone plant to reopen on January 12: Govt officials. The Foxconn plant, located in the state of Tamil Nadu, was closed on Dec. 18 following protests over 250 of its workers being treated for food poisoning
Fortis parent IHH sued by US fund Emquore for .5 bn over 2018 takeover. IHH acquired a 31 per cent controlling stake in Fortis Healthcare in 2018 following a prominent bidding war against domestic and international companies.
CreditAccess Grameen's gross loan portfolio rises by 18.4% in Dec. The consolidated numbers for CreditAccess Grameen Ltd (CA Grameen) also include the performance of its subsidiary MMFL.
SaaS management platform Zluri raises M led by MassMutual Ventures. SaaS Management Platform Zluri has raised million in a Series A round of funding led by MassMutual Ventures with participation from existing investors, Endiya Partners and Kalaari Capital.
Zluri raises mn in series A funding round led by MassMutual Ventures. Zluri had earlier raised million from Endiya Partners and Kalaari Capital, in its seed round in January 2021.
Vistara fleet size crosses 50 aircraft; 12 planes added in last 21 mths. Full-service carrier Vistara, which completed seven years of its operations on January 9, said on Monday its fleet has crossed 50 aircraft with over 12 planes added in the last 21 months alone.
Power Gummies raises mn in Series A funding from 9Unicorns, others. Dietary supplement brand Power Gummies on Monday said it has raised mn in funding led by 9Unicorns.
Fintech startup Pine Labs seeks to raise 0 million in IPO: Report. Labs Pvt, an Asian digital payments provider backed by Sequoia India and Mastercard Inc., is moving ahead with preparations for a US listing and seeks to raise about 0 million
Sunteck Realty sales bookings rise marginally to Rs 352 cr in Dec quarter. Mumbai-based Sunteck Realty on Monday reported a marginal increase in its sales bookings to Rs 352 crore for the quarter ended December 2021. Its sales bookings stood at Rs 349 crore in the year-ago period, according to a regulatory filing. During April-De
Vistara fleet crosses 50 aircraft; 12 planes added in last 21 months. Vistara, which completed seven years of its operations on January 9, said on Monday its fleet has crossed 50 aircraft with over 12 planes added in the last 21 months alone despite pandemic challenges
Alembic Pharmaceuticals gets USFDA nod to market generic product. Alembic Pharmaceuticals on Monday said it has received approval from the US health regulator to market generic Dronedarone tablets, which is used to reduce risk of hospitalisation for atrial fibrillation, in the American market. The company has received te
Edelweiss group partners Indian Bank for co-lending to priority segment. Diversified financial group Edelweiss on Monday said Edelweiss Housing Finance Ltd and ECL Finance Ltd have entered into co-lending partnership with Indian Bank for lending to priority sector areas.
Foxconn to resume operations at TN plant; facility under probation by Apple. Apple supplier Foxconn said it has implemented a range of corrective actions and will start bringing back team members gradually to the Sriperumbudur factory
The ePlane Co raises mn in pre-series A led by Specilae Invest, Micelio. Firm aspires to build world's most compact flying taxi, as well as cargo transport to help reduce congestion on roads and emissions from ground transport, and lower the risk of road accidents
South Korea's SsangYong Motor sold for 5 mn to local consortium. SsangYong has been under court receivership since April in an attempt to rehabilitate the carmaker after majority owner M&M failed to secure a buyer
Macquarie cuts Paytm target price to Rs 900 citing red flags in business. Flags senior management exits in the firm, its average merchant loan size at sub-Rs 5,000 levels over the past year and regulatory uncertainty in fintech and insurance as concerns for the stock
L&T to design, construct a part of Mumbai-Ahmedabad bullet train project. Larsen & Toubro (L&T) on Monday said its construction arm has bagged a significant order from National High Speed Rail Corporation Ltd (NHSRCL). The major scope of work for the project comprises design and construction of civil and building works for a dou
Suzuki Motorcycle rolls out 6 millionth unit from Gurugram facility. Suzuki Motorcycle India on Monday said it has rolled out six millionth vehicle from its Gurugram-based manufacturing facility. The company sells a range of products including Access 125, Gixxer 250 and 150 series, Burgman Street and the recently introduced
Agri-tech firm Samunnati's gross transactions cross Rs 10,000 crore. 50% of the GTV came during the past 18 months. Samunnati said its vision is to make markets work for smallholder farmers and make agri value chains operate at a higher equilibrium
Amazon moves SC challenging HC stay on arbitration with Future: Report. According to sources familiar with the development, the special leave petition challenging the Delhi High Court order has been filed in the apex court
Cars24 launches its second-largest mega refurbishment lab in Bengaluru. The massive facility located in Kambalipura Village, Karnataka is spread over 105,000 sq ft and will refurbish over 80 cars daily
Top headlines: Amazon moves SC on Future case; Rajnath tests Covid positive. Business Standard beings you top headlines on Monday
MG Motor India electric vehicle sales up 145% to 2,798 units in 2021. MG Motor India EV sales spiked 145 per cent to 2,798 units in calender year 2021 amid a gradual shift towards electric vehicles in the country, the company said on Monday
3rd Covid wave to push revenue recovery for multiplexes by 5 months: Report. However, once the restrictions are lifted, the pace of recovery is expected to be sharp, says Crisil Ratings
Adani Mundra settles 2010 dispute with Gujarat Urja Vikas Nigam. To relinquish compensation from GUVNL and will not terminate PPA
Reliance to buy control of New York's Mandarin Oriental hotel for mn. Company says the acquisition will help the group increase its consumer and hospitality footprint.
AMO Electric to raise 0 mn to expand product range, sales infra. Electric two-wheeler maker AMO Electric is looking to raise about USD 100 million next fiscal as it looks to scale up R&D to introduce new products, expand manufacturing capacity and enhance sales infra across the country in order to consolidate its positi
FMCG companies see customers pantry loading as Covid-19 cases spike. FMCG companies witnessed an increase in demand in the past two weeks as consumers stocked up in the wake of rise in Covid-19 cases across the country
Amazon challenges CCI's suspension of 2019 Future deal: Report. Amazon.com Inc has filed a legal challenge at an Indian tribunal against the national antitrust agency's suspension of a 2019 deal with Future Group
Audi expects sales in India to grow in double-digit this year. German luxury carmaker Audi expects sales in India to grow in double-digit this year amid concerns over the possible impact of the fresh surge in Covid-19 cases on business
Alliance Air issues tender to refurbish entire fleet of 18 ATR-72 aircraft. Alliance Air, a subsidiary of Air India, has issued a tender to refurbish its entire fleet of 18 ATR-72 aircraft.
Adani Group set up new subsidiary ANIL for new energy business. Billionaire Gautam Adani's logistics-to-energy conglomerate has set up a new subsidiary, ANIL to undertake green hydrogen projects, generation of low carbon electricity among others
DMRC in contempt of HC order, fails to furnish bank a/c info: RIL infra arm. The Reliance Infrastructure subsidiary, DAMEPL has filed an application in the Delhi High Court on January 7 stating that DMRC in contempt, has failed to comply with the last order of the court
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