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NSE share market NEWS tomorrow (10 January, 2022). NSE stocks in NEWS (tomorrow)

NSE share market NEWS tomorrow (10 January, 2022). NSE stocks in NEWS (tomorrow) These are NSE stocks which will be in NEWS tomorrow as on 10 January 2022

Inox Wind was amongst the top gainers, currently trading at 127.85 in NSE with 1.619 times change in volumes and 8.256% change in price. Other gainers included Bharat Heavy with 5.294% price change and 1.931 times volumes, Bank Baroda with 5.194% price change and 1.067 times volumes, Kpit Technologies with 4.822% price change and 0.652 times volumes, and Ncc with 4.745% price change and 4.154 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.

One 97 was amongst the top losers, currently trading at 1158.05 in NSE with 2.523 times change in volumes and -5.972% change in price. Other losers included Coforge with -3.051% price change and 1.51 times volumes, Godrej Consumer with -2.767% price change and 1.084 times volumes, Wipro with -2.53% price change and 2.099 times volumes, and Sbi Cards with -2.417% price change and 4.961 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.

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

Amazon pulls CCI to NCLAT challenging suspension of 2019 Future deal. The US e-commerce giant's legal team is expected to make the argument that there was no misrepresentation of facts and all the information had been clearly mentioned.

Jeep India positive about auto sector outlook; to launch new products. Jeep India, which posted a robust 130% volume growth last year, is positive about the outlook for the domestic automobile industry and is set to launch new products this year.

Delay by DMRC in award execution costs taxpayers Rs 1.75 cr daily: DAMEPL. DAMEPL has told Delhi HC that DMRC is deliberately trying to delay the execution of the over Rs 4,600 cr arbitral award against it, which is costing taxpayers a daily interest of almost Rs 1.75 cr

Canadian court quashes seizure of AAI dues, limits action against Air India. Decisions are part of a judgment delivered by Superior Court of Quebec on pleas by India against separate garnishment orders which led to seizure of over million

CSB Bank MD&CEO retires early, lender to set up panel to find successor. CSB Bank on Saturday said its managing director and chief executive C VR Rajendran has decided for an early retirement on health grounds, and the lender will set up a committee to find a successor. This is to inform you that the bank's board in its meeting

DMart Q3 results: Standalone net profit rises 24.6% to Rs 586 cr. Standalone revenue rose 22% to Rs 9,065 crore

CSB Bank MD & CEO takes early retirement on health grounds. The Board decided to constitute a search committee to identify and evaluate candidates, either internally or externally, for the position of MD & CEO

Oberoi Realty Q3 sales bookings jump 2-fold to Rs 1,965 cr. The market share of trusted real estate developers in the overall housing sales is gradually increasing as homebuyers have become risk-averse

Equitas Holdings to divest stake in ETPL ahead of merger with Equitas SFB. Equitas Holdings Ltd will divest its entire stake in subsidiary Equitas Technologies Pvt Ltd (ETPL) as part of the requirement for the merger with Equitas Small Finance Bank (ESFB)

Agility Ventures to launch Sebi-approved Rs 450-cr fund. With AIFs (Alternative Investment Funds), it is looking at deploying Rs 75 crore this year in over 50 startups, which will also include fintech, cyber security and crypto

Over 1 mn people made bookings with OYO for New Year celebrations: CEO. Over 10 lakh people booked for more than 5 lakh nights with hospitality chain OYO for New Year 2022 celebrations, generating bookings worth around Rs 110 crore over the weekend on its global platform, according to company Founder & Group CEO Ritesh Agarwal

Microsoft CEO Satya Nadella joins Groww as investor, advisor. Tiger Global-backed Groww said Microsoft chief executive officer Satya Nadella has joined the company as an investor and advisor

upGrad appoints Vikram Vyas as VP Growth, International Sales. Edtech major upGrad on Friday said it has appointed Vikram Vyas as Vice President - Growth, International Sales for the Asia Pacific and EMEA (Europe, Middle East and Africa) regions.

Shiprocket set to acquire 75% stake in customer data platform Wigzo Tech. E-commerce shipping firm Shiprocket on Friday said it has committed to acquire a 75 per cent stake in customer data platform (CDP) Wigzo Tech.

Alembic Pharma gets tentative USFDA approval for depressive disorder drug. Alembic Pharmaceuticals Ltd on Friday said it has received tentative approval from the US health regulator for its generic Vortioxetine tablets indicated for the treatment of the major depressive disorder. The tentative approval granted by the US Food & Dr

Hinduja Global Solutions shares tank 20% on likely promoter loan. On Friday, the stock fell to Rs 2,855 a share, dragging its market valuation to Rs 5,967 crore.

AI & Computer Vision platform Avatar raises mn in Tiger Global-led round. The Series B round saw co-participation from existing investor Sequoia Capital India. The financing is one of the largest fundraising rounds in the Applied 3D/AR space

Life insurers' new biz premium flat in Dec, but rises 10.5% in Q3. In Q3 of FY22, insurers earned NBP to the tune of Rs 73,249.97 crore

KKR, PAG vie for Apollo arm's call-centre business in India. Aion plans to seek final bids for the business next month

Payment service provider PayU's SMB vertical sees 70% jump in revenues. In September last year, PayU agreed to acquire payments gateway BillDesk in an all-cash transaction of .7 billion

Amansa sells shares of CG Power and Industrial Solutions worth Rs 351 cr. This took the total deal value to Rs 350.83 crore

DLF launches luxury housing project in Delhi; starting price Rs 3 crore. DLF is developing this project in partnership with Singapore sovereign wealth fund GIC

Apple's Tim Cook paid over 1,400 times the average worker in 2021. Cook, whose salary remained at mn, received .3 mn in stock awards, mn for hitting Apple's targets and .4 mn for air travel, 401(k) plan, insurance premiums and others

E-commerce firms ramp up operations to meet growing demand amid Covid spike. Besides growing tech and digital enhancements, these firms are ramping up hiring of more delivery partners and reinforcing existing covid protocols

KEC International bags new orders worth Rs 1,025-crore across businesses. Engineering, procurement and construction major KEC International on Friday said it has bagged new orders worth Rs 1,025 crore across its various businesses.

Deal Street has best year with over 2,220 deals fetching 5 bn in 2021. Deal Street had the best year in 2021, clocking the highest tallies in both value and volume terms at USD 115 billion involving 2,224 deals, an industry report said. This was USD 37 billion and 867 transactions more than the corresponding figures for 2020.

Tata Steel's output grows 2% to 7.68 MT in Dec quarter; sales fall 3%. India headquartered Tata Steel Group is among the top global steel companies with an annual capacity of 34 MT

FM Nirmala Sitharaman reviews progress on planned mega LIC IPO. The initial public offering (IPO) of Life Insurance Corporation (LIC) is expected to hit the markets by March

Finance Minister reviews progress of LIC IPO amid third wave concerns. The insurer is looking to file DRHP with Sebi this month, in sync with govt's plan to list the company this financial year

ReNew Power raises 0 million from global debt investors. The money will be used to refinance existing high-cost debt and fund capital expenditure

Sridhar quits as vice-chairman IndoStar Capital; Deep Jaggi new CEO. Company offers no reason for resignation; Sridhar joined IndoStar in April 2017, had worked with Sriram Group since 1985.

Life insurers' new biz premium income nearly flat at Rs 24,466 cr in Dec. The new business premium, or the first year premium, of 24 life insurance companies had stood at Rs 24,383.42 crore in December 2020

Fashion retailer Myntra elevates Achint Setia as the head of marketing. Setia will lead Myntra's marketing function while continuing to oversee the social commerce business

CCI orders probe against Google for alleged abuse of dominant position. The order came on a complaint filed by the Digital News Publishers Association, which is a private company that promotes and secures interest of digital news publishers

Delhi HC refuses interim relief to Rooh Afza against Dil Afza manufacturers. The plaintiffs sought an interim order of injunction against the defendant

Hero MotoCorp appoints Arun Jaura as CTO; chief compliance officer resigns. Two-wheeler maker Hero MotoCorp on Friday announced the appointment of industry veteran Arun Jaura as its chief technology officer (CTO) to lead the company's research and development (R&D). The company, in a statement, also announced the resignation of Ne

Global brands in India face mutiny as they bypass traditional distributors. The trusted middlemen that brands have traditionally relied on to reach millions of small neighborhood stores in 8,000 towns and 660,000 villages are in revolt

Google copied Sonos' speaker technology: US International Trade Commission. In a significant ruling, the US International Trade Commission (ITC) has said that Google violated five patents of high-tech speaker and audio technology company Sonos, relating to smart speakers

Airtel to pay interest on deferred liabilities to govt, not to issue equity. The company informed the DoT that it will not avail the option of conversion of interest on deferred spectrum and AGR dues into equity.

Chinese police rap Walmart for violating cybersecurity laws: Local media. Walmart is already a target of accusations in the country for supposedly stopping sales of products from Xinjiang

Zuddl raises .35 mn in Series A funding led by Alpa Wave Incubation. The virtual events market space is expected to grow at about 24 per cent CAGR over the next few years according to research firm, Grand View Research

MEA selects TCS for implementation of 2nd phase of Passport Seva Programme. In the next phase, TCS will refresh existing facilities and systems, and develop new solutions to enable the issuance of e-passports using technologies such as biometrics, AI, data analytics, etc

Crisil upgrades Jindal Stainless long-term debt ratings, keeps short-term. Rating agency's report highlighting reasons for upgrade pointed at the improvement in financial risk profile, supported by debt reduction

B2B payments app Rupifi raises mn from Bessemer, Tiger Global, others. The latest funding is Rupifi's second investment round within nine months, since the pre-series-A round in March 2021

AI and Computer Vision platform Avataar raises mn in Series B funding. Avataar's platform powers the largest global eCommerce marketplaces and leading D2C brands, shaping consumer journeys with life-sized 3D product evaluation coupled with interactive feature discovery.

JSW Steel earmarks Rs 15,000 cr to expand Vijayanagar facility by FY24. JSW Steel is the flagship business of the diversified USD 13-billion JSW Group, which has a presence in sectors such as energy, infrastructure, cement, paints, sports and venture capital

Ratan Tata's biography in Nov 2022 as HarperCollins wins publishing deal. The book titled "Ratan N. Tata: The Authorized Biography" by Dr Thomas Mathew will be published globally by HarperCollins in all formats in November 2022

Macrotech forms 11 JVs since April 2021 to develop Rs 14,500-cr projects. Mumbai-based Macrotech Developers, which is one of the leading real estate developers in India, markets its properties under Lodha brand

B2B payments fintech Rupifi raises mn from Bessemer, Tiger Global. Existing Investors Quona Capital and Ankur Capital also participated in the round, along with Better Capital. This is Rupifi's second investment round in nine months, since its Pre-Series A last March

Tata Power leads S&P Global's ESG score for power utilities in India. Tata Power on Friday said it has secured the highest score among its peers in the Indian power sector in S&P Global's recently released corporate sustainability assessment (CSA) results. Giving credence to the company's focus to become the most progressive

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