NSE share market NEWS tomorrow (07 January, 2022). NSE stocks in NEWS (tomorrow)
NSE share market NEWS tomorrow (07 January, 2022). NSE stocks in NEWS (tomorrow) These are NSE stocks which will be in NEWS tomorrow as on 07 January 2022
Kpit Technologies was amongst the top gainers, currently trading at 711.25 in NSE with 2.354 times change in volumes and 12.816% change in price. Other gainers included Oil India with 8.188% price change and 6.182 times volumes, National Aluminium with 5.529% price change and 1.493 times volumes, Jubilant Foodworks with 5.127% price change and 2.242 times volumes, and Suzlon Energy with 4.926% price change and 0.935 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.
Coforge was amongst the top losers, currently trading at 5756.20 in NSE with 0.732 times change in volumes and -2.95% change in price. Other losers included Angel One with -2.782% price change and 0.795 times volumes, Nhpc with -2.652% price change and 0.563 times volumes, Kei Industries with -2.396% price change and 2.144 times volumes, and Cyient with -2.328% price change and 1.426 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.
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
PhonePe logs annualised TPV of 1 bn, crosses 350 mn user-mark. The registered user base has grown 28 per cent from 273 million in January to 350 million in December 2021
TCS Board to consider share buyback proposal on Jan 12. On Friday, TCS shares closed 1.26 per cent higher at Rs 3,854.85 on BSE
IndiaMART acquires 26% stake in warehouse mgt firm EasyEcom for Rs 13.35 cr. The investment is in line with IndiaMART's objective of offering various SaaS solutions for businesses
ICICI Bank now facilitates online payment of customs duty. Customers can make online payment by selecting ICICI Bank from the list of banks on the website of the Indian Customs Electronic Gateway (ICEGATE)
JSW Steel to invest Rs 15,000 crore in 5 mn tonne capex at Vijaynagar works. Analysts see capex value accretive; in line with country's consumption growth outlook
RBI approves Anup Bagchi's re-appointment as ICICI Bank Executive Director. The shareholders of the bank at its Annual General Meeting in August last year had approved Bagchi's re-appointment for five years effective February 1, 2022
FMCG distributors call off stir against Colgate-Palmolive after talks. Will gauge the price parity situation on the ground for the next 3 months
External forces were active at protest site: Sterlite Copper COO. Sterlite Copper claimed that the production halt at its Thoothukudi unit had led to a loss of over .2 billion
Titan sees revenue growing 36% in Q3, witnesses strong demand. During the quarter gone by, the company saw significantly higher walk-ins at its jewellery chain Tanishq
US-based fund TFCC tops India's PE fund investor list of 2021. The top ten fund managers who run the PE funds have collectively invested over .18 billion
SJVN clocks highest ever 1,480 MU of electricity generation in Oct-Dec. State-run SJVN's power stations have clocked the highest ever 1,480 MU (million units) of electricity generation in the October-December quarter of 2021-22.
Godrej Consumer saw low volume growth in December quarter. The maker of Good Knight household insecticides witnessed unprecedented cost inflation in the quarter
Macrotech Developers Q3 sales bookings up 40% to Rs 2,608 crore. Macrotech Developers, one of the leading real estate developers in India, markets its properties under Lodha brand
HCL Tech completes acquisition of 51% stake in German IT company GBS. In December, HCL Technologies had announced that it will acquire 51 per cent stake in GBS
ICICI Prudential launches first silver ETF fund of fund. The fund will open on January 13 and closes on January 27
Jet Airways 2.0 faces turbulence before take-off?. The acting CEO of Jet Airways quit this week. The date to seek regulatory permissions for restarting the airline has also been extended twice. Why is the re-launch of Jet Airways looking turbulent?
What lessons does Elizabeth Holmes' fall have for startup investors?. Billionaire Elizabeth Holmes, founder of Theranos, has been found guilty of defrauding investors. What lessons does the Homes-saga hold for startup investors back home, this report finds out
Stay against single judge order against Spicejet extended till Jan 11. The Madras High Court extended till Jan 11, the operation of an interim stay on the verdict of a single judge, which ordered the winding up of Spicejet
Blockchain SaaS startup Cion Digital raises mn from Green Visor, others. The US-based firm is planning an R&D Centre in Pune. It is undertaking a pan-India recruitment drive with offer of permanent WFH
Pickrr rolls out faster cash on delivery service for e-commerce sellers. With this option, the company aims to help sellers get money in their bank accounts within a day of a package's delivery
Adani Enterprises says won tender to supply imported coal to NTPC. Gautam Adani's port-to-energy conglomerate said it had won a contract to supply imported coal to state-owned electricity generator NTPC
FMCG distributors call off stir against Colgate after talks with company. FMCG distributors suspended their boycott of Colgate after talks with the company over the issue of the price disparity between the traditional distributors and organised business-to-business channel
Tier-3 cities in India see massive boom in mobile gaming in 2021: Study. The top 30 of them reported up to 170% more gamers than in 2020. Some of the small towns have more than 100% to up to 200% growth in online gamers
Anand Rathi Wealth Q3 net profit soars over two-fold to Rs 32 cr. Anand Rathi Wealth reported an over two-fold jump in profit after tax (PAT) at Rs 32.04 crore for three months ended December 2021.
Reliance raises bn via foreign currency bonds at finest rate. India's largest-ever foreign currency bonds issue gives strong base for India Inc's fundraising efforts in 2022
Polytrade announces listing on cryptocurrency exchange CoinDCX. Polytrade MD and founder Piyush Gupta said this has come as a giant leap towards the compay's goal of providing real-world borrowers access to low interest and swift financing
Godrej Consumer expects margin dilution, low volume growth in Q3. The Godrej group's FMCG arm expects to deliver close to 'high single-digit' sales growth in the domestic market, largely driven by pricing
Bharti Airtel's African arm completes 6 mn tower sale deal in Tanzania. Airtel Africa's tower assets in Tanzania have been acquired by a joint venture company owned by SBA Communications Corporation and Paradigm Infrastructure Ltd
Paytm users can now tap phone on PoS devices to make offline payments. This will be possible even if phone is locked or there is no mobile data or internet connection. Service available on both Android and iOS
Jet Airways says its VP-operations Sudhir Gaur has quit the company. Jet Airways on Wednesday said its VP-operations, Sudhir Gaur, who was designated as the airline's 'accountable manager', has quit the company. The grounded airline, which is expected to resume operations this year under its new promoters Murari Lal Jalan-K
Reliance raises bn in India's largest-ever foreign currency bonds issue. 'The issue was nearly 3 times oversubscribed with a peak order book aggregating .5 bn and was priced through RIL's secondary curve,' a company statement said
GAIL, IPICOL sign MoU for developing clean energy projects in Odisha. IPICOL and GAIL (India) Limited on Wednesday signed a MoU for cooperation in the areas of green hydrogen, green ammonia and renewable energy for the production of eco-friendly fuels in Odisha
Toshiba no 2 shareholder urges EGM vote on break-up plan as investors carp. The second-largest investor in Japan's Toshiba Corp on Thursday called for an extraordinary general meeting, seeking to force the company to win two-thirds support for a three-way breakup plan
Future Group shares jump after court halts arbitration with Amazon. Shares in Future Group companies jumped on Thursday, a day after an Indian court halted arbitration proceedings between the conglomerate and estranged partner Amazon.com Inc.
Yojee teams up with Here Tech to create operations intelligence solution. Cloud-based logistics platform Yojee has teamed up with Here Technologies to create a unique operations intelligence solution to transform warehouse management for global companies
Power PSUs capital expenditure rises 47% to Rs 40,395 crore. Central Public Sector Enterprises under the Ministry of Power have increased capital expenditure during the first nine months of the current financial year to Rs 40,395.34 crore, which is 47% higher
IndiGo to start flights on Delhi-Port Blair route from Jan 9. IndiGo said on Thursday it will start flights on Delhi-Port Blair route from January 9. The Delhi-Port Blair flight will operate four times a week, an official communiqu from the airline stated. Sanjay Kumar, Chief Strategy and Revenue Officer, IndiGo said
Wockhardt board approves plan to raise Rs 1,000 crore via rights issue. Pharmaceuticals firm Wockhardt Ltd said its board has approved a proposal to raise up to Rs 1,000 crore through a rights issue.
Alembic Pharma gets USFDA nod for generic drug to treat Parkinson's disease. Alembic Pharmaceuticals on Thursday said it has received final approval from the US health regulator for its generic Entacapone tablets indicated for patients with Parkinson's disease. The approval by the US Food & Drug Administration (USFDA) for the abbre
Google hit with 150 million euro French fine for cookie breaches. Meta Platforms' Facebook was also fined 60 million euros for the same reason, the CNIL said
Airtel Payments Bank, Park+ tie up to offer FASTag-based parking solutions. Airtel Payments Bank on Thursday announced a collaboration with Park+ to offer FASTag-based smart parking solutions to marquee commercial and residential properties across the country. The partnership aims to leverage the distribution reach and digital pay
Reliance Retail to invest 0 mn in delivery firm Dunzo for 25.8% stake. Currently, Dunzo is available across 7 metro cities in India and the additional capital will be used to expand the quick commerce business to 15 cities
Skoda aims to treble sales, expand product range in India this year. Skoda aims to treble its sales in India this year over 2021, on the back of new product launches and enhanced the number of customer touchpoints across the country
IndiaMART acquires 26.01% stake in EasyEcom, invests Rs 13.3 cr. B2B e-online marketplace IndiaMART said it has invested about Rs 133.5 million via its wholly-owned subsidiary Tradezeal Online Pvt Ltd to acquire a 26.01% stake in EasyEcom.
Tata Starbucks enters into six new cities, crosses 250 store benchmark. Tata Starbucks on Thursday announced entry into six new markets as part of its expansion into smaller cities in India
IRB Infra's arm executes concession pact for Rs 6,555-cr project in UP. IRB Infrastructure Developers on Thursday said its wholly-owned arm has executed a concession pact with UPEIDA for the Rs 6,555 crore 'Ganga Expressway' project in the state.
Dunzo raises 0 mn in round led by Reliance to take on Amazon, Flipkart. According to the sources, Dunzo's valuation has crossed 0 million in this funding
Neeraj Chopra joins funding round for influencer marketing startup. Olympic gold medallist Neeraj Chopra has warmed up to venture investing by betting an undisclosed sum on influencer marketing platform One Impression
Jio users can set standing instructions for tariff plans via UPI Autopay. Jio users can now set standing instructions for auto-debit for their tariff plans through UPI after a tie-up between the telecom player and NPCI
Future Group stocks bounce back; rally as much as 5.5% at close of trade. Shares of Future Group of companies bounced back and settled with as much as 5.5 per cent gains on Thursday, a day after the Delhi High Court stayed the Amazon-Future arbitration.
L&T Construction bags large contracts for water, effluent treatment biz. L&T Construction's water and effluent treatment business has secured a slew of orders from various prestigious clients. The Department of Water Supply and Sanitation, Punjab, has awarded two EPC (engineering, procurement and construction) orders for the bu
CIL's capex for April-December rises 37% YoY to Rs 10,717 crore. CIL's capex spend during the referred period marks 86.3 per cent of the progressive target achievement
Chinese mobile phone maker Xiaomi evaded Rs 653 crore in customs duty: DRI. Three show-cause notices have been issued to the mobile maker for demand and recovery of duty for April 2017-June 2020
Colgate India meets distributors' body to sort out issue of price parity. Colgate India's meeting with distributors comes after the traditional channel stopped supplying its Colgate MaxFresh range of products in Maharashtra
Delhi HC stays SIAC arbitration proceedings in Amazon-Future case. Court stays Tuesday's single-judge order dismissing Future Group's petition
SIAC terminates Jan 5-8 arbitration proceedings in Amazon-Future dispute. The tribunal is adjudicating Amazon's objections to Future Retail's Rs 24,500-crore deal with Reliance
RBL Bank's gross advances rise 5% to Rs 59,941 crore by Dec-end. The private sector lender had gross advances amounting to Rs 57,092 crore by the corresponding period a year ago
Amazon Seller Services' losses narrow to Rs 4,748.1 crore in 2020-21. Amazon Seller Services had recorded a net loss of Rs 5,849.2 crore, while its revenue from operations stood at Rs 10,847.6 crore in FY20
Supply chain visibility player FourKites looks to expand presence in India. The company is credited to have tracked 2.5 mn global shipments daily in 2021 and boasted of ties with 50% of the fortune 500 giants during the year
TVS Motor appoints Venkat Viswanathan as advisor for electric mobility biz. Viswanathan is currently an associate professor of Mechanical Engineering at Carnegie Mellon University and is a global leader in advanced batteries for electric mobility.
Udaan raises 0 mn via convertible note and debt, plans IPO in 18 months. Udaan achieved a valuation of .1 bn during its last round of funding of 0 mn in January 2021 from existing and new investors
Future Group shares fall after court decision on Amazon arbitration appeal. Shares in Future Group companies fell on Wednesday, a day after an Indian court dismissed Future Retail's appeal to declare arbitration proceedings with Amazon.com Inc as illegal.
Hiring intent can rise 9 percentage points in Q4FY22 if no curbs: TeamLease. Out of the 21 sectors reviewed, around 7 can record a growth of more than 10 percentage points in their intent to hire, making the current quarter a good time for talent.
Bolo Live raises $ 2.4 million in funding led by Orios Venture Partners. Social media platform Bolo Live on Wednesday said it has raised USD 2.4 million (about Rs 18 crore) as a precursor to the Series A funding round led by Orios Venture Partners. SOSV, Tremis Capital, LPA Ventures and other HNIs also participated in its first
Gaming startup Zupee forms strategic partnership with Reliance Jio. This will entail integration of products and strong synergies in user engagement and distribution in a future-ready ecosystem that will benefit over 450 million users
Toyota, VW are plotting to beat Tesla, pour billions into electric cars. The masters of mass production laid out plans to splurge 0 billion over the coming years to preserve their claim on an industry they've dominated
Future Retail appeals against Delhi HC order dismissing its writ petition. The appeal before Delhi HC's division bench for termination of Amazon arbitration will be listed before the Chief Justice of Delhi High Court at 02:15 pm on Wednesday
Cairn withdraws all lawsuits against India, to get Rs 7,900 cr tax refund. Britain's Cairn Energy to now be entitled for about Rs 7,900 crore refund of taxes that were collected to enforce a retrospective tax demand
PE firm TPG invests 0 mn in AI and analytics services firm Fractal. PE player Apax is exiting partially via this fund raise. It had invested 0 million in Fractal in 2019
L&T Heavy Engineering bags significant orders in third quarter. Larsen & Toubro (L&T) on Wednesday said its heavy engineering arm has won significant contracts for its various business segments in the third quarter of the ongoing financial year. The modification, revamp and upgrade (MRU) business of L&T Heavy Engineeri
NCLAT sets aside NCLT order approving Twin Star's bid for Videocon Group. NCLAT allows appeal by Bank of Maharashtra, IFCI, which had contested Twin Star's resolution plan
IPO-bound Delhivery invests in logistics automation firm Falcon Autotech. Investment amount not revealed; partnership to enable bundling of hardware automated solutions along with Delhivery's SaaS platform
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