NSE share market NEWS tomorrow (06 January, 2022). NSE stocks in NEWS (tomorrow)
NSE share market NEWS tomorrow (06 January, 2022). NSE stocks in NEWS (tomorrow) These are NSE stocks which will be in NEWS tomorrow as on 06 January 2022
National Buildings was amongst the top gainers, currently trading at 50.20 in NSE with 6.855 times change in volumes and 7.725% change in price. Other gainers included Kpit Technologies with 6.101% price change and 4.307 times volumes, Suzlon Energy with 4.639% price change and 2.411 times volumes, Bharat Forge with 3.877% price change and 1.85 times volumes, and 8 20 with 3.504% price change and 3.229 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.
Pb Fintech was amongst the top losers, currently trading at 890.60 in NSE with 2.402 times change in volumes and -5.527% change in price. Other losers included Tube Invest with -5.141% price change and 1.49 times volumes, Mazagon Dock with -4.069% price change and 0.713 times volumes, Varun Beverages with -3.846% price change and 3.26 times volumes, and Macrotech Developers with -3.187% price change and 1.015 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.
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
NCLAT sets aside NCLT approval of Twin Star's resolution plan for Videocon. Remits matter back to Videocon's CoC for fresh bids; resolution plan approved was for only 4.15% of total outstanding claim amount and total hair cut to all creditors was 95.85%
Will not insist on physical appearance in probe against Amazon: ED tells HC. The oral assurance was given by Additional Solicitor General SV Raju, appearing for the central agency
Atul Jalan-led AI co Algonomy seeks to buy Lankan tech firm Linear Squared. Deal value not disclosed; Linear Squared is a cloud-based tech company specialised in building demand planning and forecasting products for CPG, grocery retail industry and other industries
Jindal Aluminium acquires Indo Alusys' extrusion plant for Rs 100 crore. Once fully operational, Jindal Aluminium's extrusion capacity will rise from 125,000 tonnes to 139,000 tonnes. The deal will help revive the local economy, benefit community and other stakeholders
Delhi HC puts on hold arbitration proceedings between Amazon and Future. Division bench of Delhi HC stays proceedings of arbitral tribunal till next date of hearing; also stays order of the single judge of Delhi HC.
Top headlines: Delhi HC relief for Future; NCLAT setback for Twin Star. Business Standard brings you the top headlines on Wednesday
India slaps Rs 653-cr import duty evasion notice on Xiaomi. This comes after recovery of documents during searches on its premises that indicated remittance of royalty and licence fee to US and Chinese firms under contractual obligations
CCI to complete its investigation into Google Play Store probe in 60 days. Google had filed a writ in Karnataka HC on Dec 27 seeking time to respond to CCI queries on the use of Google's Play Store payment system for in-app purchases and paid apps
LML names Partha Choudhary COO amid plans to disrupt EV market. E-mobility expert Choudhary held top positions at Hero Motors and Yamaha and has contributed significantly to LML as Sales & Marketing Head between 2006-2017
Hiring to heat up in Jan-Mar quarter if no curbs imposed: Report. Corporate India's hiring intent is likely to witness a significant uptick in the January-March period, provided harsh restrictions are not imposed on the business operations, according to a report
Irdai seeks to revise formula for fixing insurers' obligation for Motor TP. The regulator has asked for comments from stakeholders, which they have to submit by January 25
BioNTech, Pfizer plan shingles shot in third joint mRNA project. The partners expect to start human trials of the new vaccine in the second half of this year, they said in a statement
Spandana Sphoorty posts loss of Rs 58.8 crore for September quarter. It had posted a net profit of Rs 62.95 crore in Q2FY21
New-age companies make it to Amfi's large-cap list, shows data. This comes despite stocks such as PB Fintech (Policybazaar) and One 97 Communication (Paytm) trading below their issue price
Bharti Airtel drops plan to merge digital assets into listed arm. According to its original plan, Airtel Digital was supposed to fold into the listed entity
Airtel Payments Bank gets permission to function as scheduled bank from RBI. Airtel Payments Bank is among the fastest-growing digital banks in the country, with a base of 115 million users
CCI orders probe against IREL for abuse of dominant position. Competition Commission has ordered a detailed probe against state-owned IREL (India) Ltd, which is into mining and production of minerals, for alleged abuse of dominant position.
Setback for Future as Delhi HC rejects pleas to quash Amazon arbitration. Dismisses its plea seeking a direction to SIAC to decide on its application
Thermax bags Rs 545-cr order for 2 flue-gas desulphurisation systems. The project is slated to be completed in 30 months
Bandhan Bank collection efficiency ratio increases to 93 pc in December. Loans and advances grew 11 per cent y-o-y to Rs 89,213 crore as on December 31
TCL Electronics clocks revenue of nearly bn in first 3 quarters of 2021. Leading consumer electronics brand TCL Electronics has logged revenue of nearly USD 30 billion in the first three quarters of 2021, a growth of about 81 per cent, its Chairman DU Juan said. The China-based company, which is participating in CES, the annual
Coal India CMD gets additional charge of finance portfolio. The ministry of coal has entrusted the additional charge of director (finance) to Pramod Agrawal for six months
Starlink's India head Sanjay Bhargava quits for personal reasons. Earlier, Bhargava had said that the company's target is to have 200,000 terminals across the country by December 2022
IL&FS Group sells stake in ONGC Tripura to GAIL for Rs 319 crore. The 26 per cent stake that IL&FS had in OTPC has been valuated at Rs 1,227 crore for this transaction
Hindustan Unilever-distributor deadlock in Maharashtra resolved for now. Organised trade includes the likes of Jiomart, Booker and ecommerce distributors like Elastic Run and Udaan
Apple becomes first company to hit trillion market value, then slips. Apple Inc on Monday became the first company to hit a trillion stock market value, before ending the day a hair below that milestone
Samsung Electronics to unveil its new TV products with customised screen. Samsung Electronics will unveil various new TV products at 'CES 2022,' the largest international electronic exhibition to be held in Las Vegas from the 5th to the 7th.Samsung Electronics will provide 'customized screens' for each user, focusing on 'Micro L
Language to politics: Taiwan's tech giants hit by culture shock in India. Be it Foxconn or Wistron, firms have to acclimate faster in a nation with its own traits and nuances.
Moody's assigns Baa2 rating to Reliance Industries' bn bonds issue. Moody's Investors Service on Tuesday assigned a Baa2 rating to the proposed USD-denominated senior unsecured bonds of Reliance Industries Limited (RIL), with stable outlook. Reliance last week said it will raise as much as USD 5 billion in foreign currency
Foxconn India iPhone plant unlikely to reopen until Jan 7: Govt official. The Foxconn plant, located in the southern state of Tamil Nadu, was closed on Dec. 18, following protests over 250 of its workers being treated for food poisoning
Ninjacart buys back ESOPs worth Rs 100 cr after investment from Flipkart. This is the company's second ESOP buyback. Ninjacart had its first buyback in 2019
Net office space leasing up 2% in 2021; down 45% from 2019 levels: Report. The net absorption of office space stood at 25.66 million square feet in 2020 and record 47.8 million square feet in 2019
'Return our money!': Investors protest at office of China's Evergrande. Investors in financial products issued by China Evergrande Group protested outside the cash-strapped company's offices in Guangzhou
Reliance Jio plans its biggest bond to refinance financial liabilities. Mukesh Ambani's Reliance Jio Infocomm Ltd is planning its biggest ever rupee bond sale as it targets gains in market share
Alternative credit platform BlackSoil raises Rs 70 cr through NCDs for NBFC. BlackSoil Capital is an RBI-registered, non-deposit taking NBFC that predominantly operates in the venture debt space
BMW India sales up 34% to 8,876 units in 2021, highest growth in decade. German automaker BMW on Tuesday reported a sales growth of 34 per cent last year over 2020, its highest growth in a decade in India, with a dispatch of 8,876 units. The luxury automaker dispatched 8,236 BMW and 640 Mini units in 2021. Besides, BMW Motorrad
JSPL steel production rises 9% to 5.9 mn tonnes in April-Dec 2021. Jindal Steel and Power Limited (JSPL) said its steel production rose to 5.90 million tonnes during April-December 2021
Innoviti raises Rs 80 cr in first close of its Series D fund round. Innoviti is looking at raising Rs 400 crore in primary funding in Series D to fuel its growth with a plan for a listing in the next two to three years.
Centre opposes Swamy's plea in HC seeking to quash AI disinvestment process. On October 25 last year, the government signed the share purchase agreement with Tata Sons for the sale of national carrier Air India for Rs 18,000 crore
Social commerce industry to touch .2 trn by 2025 globally: Accenture. Just under two thirds of social media users surveyed said they made a social commerce purchase in the last year, which Accenture estimates to reflect nearly 2 bn social buyers globally
LIC's assets at 3 billion exceeds the GDP of several economies. LIC assets at 3 billion exceeds the GDP of several economies, and it is ranked 5th globally in terms of life insurance GWP and 10th globally in terms of total assets.
Cross-border B2B e-commerce player Geniemode raises mn in series A round. Funding led by Info Edge Ventures; Geniemode works with over 100 suppliers from India, Bangladesh, Pakistan and Sri Lanka to cater to diverse markets in US, LatAm, UK, EU and Australia
Alembic gets USFDA nod for generic drug to treat bacterial infections. The company has received approval from the US Food and Drug Administration (USFDA) for its abbreviated new drug application (ANDA) for Doxycycline Hyclate delayed-release tablets
Moody's assigns Baa2 rating to Reliance Industries' proposed USD bonds. Moody's Investors Service assigned a Baa2 rating to the proposed USD-denominated senior unsecured bonds to be issued by Reliance Industries Limited. The outlook on the rating is stable.
Rotomac owner Vikram Kothari passes away in Kanpur at the age of 73. Vikram Kothari, managing director of Rotomac Group, passed away in Uttar Pradesh's Kanpur on Tuesday morning
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