NSE share market NEWS tomorrow (16 December, 2021). NSE stocks in NEWS (tomorrow)
NSE share market NEWS tomorrow (16 December, 2021). NSE stocks in NEWS (tomorrow) These are NSE stocks which will be in NEWS tomorrow as on 16 December 2021
Amber Enterprises was amongst the top gainers, currently trading at 3432.00 in NSE with 0.756 times change in volumes and 3.114% change in price. Other gainers included Persistent Systems with 2.743% price change and 1.948 times volumes, Bajaj Finance with 2.652% price change and 0.973 times volumes, Srf with 2.649% price change and 1.109 times volumes, and Inox Wind with 2.418% price change and 1.116 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.
Torrent Power was amongst the top losers, currently trading at 557.40 in NSE with 1.154 times change in volumes and -6.883% change in price. Other losers included Tvs Motor with -5.521% price change and 0.488 times volumes, Bse with -5.14% price change and 0.341 times volumes, Suzlon Energy with -3.425% price change and 2.38 times volumes, and Biocon with -3.263% price change and 1.329 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.
We'll continue to invest majorly across the business: ArcelorMittal CEO. Aditya Mittal unveils a four-fold vision for joint venture with Nippon Steel in India, ArcelorMittal Nippon Steel India, of which he is also the chairman
Vernacular language users' share on Flipkart rises 18% this year. The share of vernacular language users on Flipkart has increased from 12% in the fourth quarter of 2020 to 18 per cent this year in the same quarter
Accenture revenue forecast tops estimates on cloud, security demand. Accenture now expects full-year revenue to grow between 19% and 22% from 12% to 15% forecast earlier
CarTrade to deploy up to 0 mn to acquire, invest in automotive firms. CarTrade Tech said it is actively looking for companies in all aspects of the automobile ecosystem
NIPL, Western Union ink pact to boost instant int'l money transfer. This collaboration will enable customers in India to receive international money transfers in real-time into their bank accounts in the country, Western Union said
Nexprt raises mn in seed round from Sequoia Capital India and Lightspeed. Early backers Titan Capital and other notable angel investors also participated; proceeds to be used to scale existing business and launch new verticals in manufacturing domain
Nupur Recyclers IPO closes day 3 with over 41.37 times subscription. The company is looking to raise INR 34.2 crore from this public issue.
E-commerce firm Purplle acquires Indian arm of makeup brand Faces Canada. The deal size was not disclosed
India Inc pitches for more reforms and tax stability in Budget 2022-23. India Inc on Thursday pitched for continuation of reforms while ensuring tax and policy stability in the forthcoming Budget to prop up the economy hit hard by the COVID-19 pandemic. In the virtual pre-budget consultation held with Finance Minister Nirmala
JSW announces R&R compensation package for its Rs 55,000-cr Paradip project. Leading Indian steelmaker JSW has declared a special rehabilitation and resettlement (R&R) compensation package for the would be affected people before going ahead with its plans to set up a Rs 55,000 crore steel plant in Odisha's Jagatsinghpur district. T
CAIT urges Centre to ban 'Chinese' firm Shopee for FDI violations. The traders' body also alleged Shopee of being adopting "predatory pricing tactics", thereby distorting competition in the market
HP Adhesives IPO subscribed 8 times on second day of subscription. The IPO received bids for 20,303,100 shares against 2,528,500 shares on offer
9 startups chosen at KSUM event to boost entrepreneurship among women. A two-day event organised by Kerala Start-up Mission, selected nine startups for funding aimed at boosting core female participation in various businesses.
EMotorad expands int'l footprint; launches motorcycles in Japan, Nepal. Domestic premium electric bike maker EMotorad has expanded its international footprint with the launch of its motorcycles in Japan and Nepal.
Ind-Ra upgrades Tata Steel's long-term issuer rating to 'AA+' from 'AA'. India Ratings and Research (Ind-Ra) on Wednesday said it has upgraded Tata Steel's long-term issuer rating to 'AA+' from 'AA'.
Upvote: Reddit, website that sparked stock market frenzy, goes for listing. Reddit said it had confidentially filed for a proposed IPO with the US Securities and Exchange Commission
Venture Catalysts made 207 bets in 2021, biggest exit brought 80x returns. IPO rush encourages early stage investor to dial-up deals up to Series C rounds
Australian Open, Infosys extend digital innovation partnership until 2026. Infosys on Thursday announced an extension of its digital innovation partnership with the Australian Open (AO) until the end of 2026. The expanded collaboration will see Infosys and Tennis Australia continue to harness Big Data and Analytics, Artificial In
India's ShareChat raises 6 million for valuation of .7 billion. The new investments, part of ShareChat's third funding round this year, was led by Alkeon and saw participation from Singapore's Temasek Holdings and Moore Strategic Ventures, among others.
Softbank-backed ride-hailing firm Ola raises 0 mn loan from investors. Ola, which has a majority share of India's ride-hailing market where it competes with Uber Technologies, has plans to raise up to billion through an initial public offering.
Plaza Premium Group selects TCS to transform airport hospitality experience. The long-term partnership focuses on reimagining the end-to-end airport travel experience across three core areas: customer experience, employee experience and operational excellence
Mohalla Tech's valuation crosses .7 billion after it raises 6 million. Since Jan 2021, the company has grown to over 2000 employees and added several new features as it focuses on building its products to be the leader in the Indian short video and social media space
PE/VC investments see monthly decline of 52% in November to .8 billion. With a month to go, PE/VC investments in 2021 at .6 billion have surpassed the all-time high seen in 2020 by 53 per cent, driven by mega investments in start-ups and large buyouts.
Google's Area 120 unveils Qaya to create web storefronts for creatorS. With an aim to allow creators to easily set up new web storefronts for their audiences, tech giant Google's Area 120 has come up with a new service called Qaya
Car sharing platform Zoomcar announces launch of vehicle host programme. India currently possesses one of the lowest private car utilisation rates in the world, said the company
SC appoints two former judges as mediators for Lalit Modi, mother. A bench headed by Chief Justice N V Ramana okayed the names of former apex court judges Justices Vikramjit Sen and Kurian Joseph as mediators.
Byju's in talks to go public via SPAC deal, seeks -bn valuation: Report. The startup held talks with several potential SPAC partners and is farthest along in working out an agreement with Michael Klein's Churchill Capital
Tata Power arm TP Saurya to set up 300 MW hybrid wind-solar project. Tata Power on Thursday said its arm TP Saurya has received a 'Letter of Award' from Maharashtra State Electricity Distribution Company (MSEDCL) for setting up a 300 MW hybrid (wind & solar) project. TP Saurya Ltd (TPSL), a wholly-owned subsidiary of Tata P
Ola raises 0-mn term loan, in talks to raise bn at .5-bn valuation. IPO-bound firm is likely to use the loan to fuel its vision for future of mobility across businesses including ride-hailing, vehicle commerce, delivery with foods, quick commerce & financial services
HAL signs Rs 2,400 cr contract with BEL for supply of avionics for LCA. This is the biggest ever order received by BEL for avionic systems
Cash-flush Novartis launches new share buyback of up to bn. The buyback is funded through the .7 billion the Swiss drugmaker raised by selling its nearly one-third voting stake in Roche back to its cross-town rival last month
L&T power transmission, distribution biz bags orders in India, overseas. Larsen & Toubro (L&T) on Thursday said that its power transmission and distribution business has bagged a slew of orders both in India and overseas. An order has been secured to provide dynamic reactive power compensator system at a substation in Abu Dhabi
India Ratings upgrades Tata Steel to 'IND AA+'; outlook 'stable'. The ratings agency said that reducing exposure to loss-making overseas units, sustained positive free cash flows at European operations are positives for the steelmaker
EaseMyTrip acquires intercity platform YoloBus for undisclosed amount. The acquisition includes the brand name of YoloBus, its technology, team, running business and data expertise
BEML, RITES ink pact, to bid for Metro systems, export of rolling stock. BEML Limited has signed a Memorandum of Understanding (MoU) with RITES Limited, a leading transport infrastructure consultancy and engineering company, to explore and jointly bid for opportunities in the fields of Metro systems and export of rolling stock.
Organised dairy players to gain from recent PLI scheme: Report. The scheme offers incentives based on sales growth based on investment incurred by companies between FY22 and FY27
Agritech firm Samunnati inks co-lending pact with IndusInd Bank for FPOs. Samunnati said it has entered into a co-lending agreement with IndusInd Bank to expand credit accessibility and market linkages for farmer producer organizations across the country
TiE names Kumar Mangalam Birla as Global Entrepreneur of the year. The Aditya Birla Group Chairman is the first Indian industrialist to get the award. He won it for his leadership of the conglomerate during the Covid-19 pandemic
Top poultry player Suguna Foods goes for brand revamp with all new Delfrez. The group has invested over Rs 100 crore in the new brand and plans to launch over 1,000 outlets by 2025
Zydus gets orphan drug designation from USFDA for antimalarial compound. The orphan drug designation provides eligibility for certain development incentives
CIL to raise coal stock at thermal plants to 45 mn tonnes by fiscal-end. Coal India Ltd (CIL) is aiming for the highest-ever closing stock at power plants, the PSU said
PhonePe is first payments firm to tokenise cards on Visa, Mastercard, Rupay. The company claims the tokenisation solution will help businesses save significant time and effort by removing the need to integrate with multiple card networks while complying with RBI norms
USFDA inspection of co's US plant completed successfully: Torrent Pharma. Torrent Pharmaceuticals Ltd on Thursday said its manufacturing facility at Levittown, Pennsylvania in the US has successfully completed inspection by the USFDA. The plant was inspected by USFDA (United States Food and Drug Administration) between December
LIC warns of legal action over misuse of its logo on social media. LIC has asked the public not to fall prey to proposals which are misusing its logo on social media platforms like Twitter, Facebook, Instagram and YouTube and other social media
Amazon warehouse policies have put workers at risk, says Report. Workers at the facility said they received no emergency training and were discouraged from taking time off during natural disasters
Tata Motors' bus brand Starbus crosses 1 lakh units cumulative sales mark. Homegrown auto major Tata Motors on Thursday said its bus brand Starbus has crossed the 1 lakh units cumulative sales milestone. The Starbus platform is available in varied configurations to suit a host of applications like staff and school transportation.
Yes Bank board to consider raising funds via various instruments on Dec 21. The bank has, however, not specified how much money it intends to raise
Britannia revamps biscuit brand Good Day, to add three more variants. Britannia will launch Good Day Harmony and two other variants in the premium segment
Godrej group PE arm GFM raises 0 mn to build premium office buildings. Godrej group's real estate private equity arm Godrej Fund Management (GFM) on Wednesday said it has raised USD 500 million (Rs 3,800 crore) for development of premium office assets.
Excited about India's role in metaverse, says Mark Zuckerberg. He added that India's talent pool - the engineers, developers and creators, and the vibrant start-up ecosystem - are playing a huge role in shaping the future
Reliance Industries eyes first oil cargo from UAE trade arm in Dec: Report. The Indian conglomerate aims to get about a 500,000 barrels of cargo of United Arab Emirates' Das crude from RINL
After two decades, Khaitans may give up driver's seat in Eveready. A source says Amritanshu Khaitan is unlikely to seek reappointment as firm's MD. Khaitan declined to comment
Starlink intends to apply for all licences needed for launch in India: MoS. The satellite company is led by the world's richest person Elon Musk
Healthtech platform Innovaccer raises 0 mn at .2-bn valuation. Company announces new Innovation Accelerators to help customers tackle the most common and high-impact clinical, operational, and financial use cases
Drug major Cipla to acquire 33% stake in Clean Max Auriga Power. Post-acquisition, Clean Max Auriga Power LLP will become an associate of Cipla
Amazon crosses 1 mn sellers mark in India; 450,000 added since Jan 2020. Amazon India on Wednesday said it now has over 10 lakh sellers on its platform with more than 4.5 lakh new merchants joining the platform in the past two years. More than 90 per cent of the sellers on Amazon.in are local small and medium businesses (SMBs)
PGCIL board approves interim dividend of Rs 7 per Rs 10 share for 2021-22. According to the filing, the interim dividend shall be paid to the members on January 11, 2022
upGrad KnowledgeHut eyes annual revenue run rate to reach Rs 300 cr by Mar. A study commissioned by Amazon India in September 2021 revealed that nearly 51 per cent of job-seeking adults wanted to pursue opportunities in industries in which they had negligible or no experience
Welspun India and Birlasoft rewarded investors by doubling wealth in 2021. Shares of Welspun India rose from Rs 68 at the start of the year to Rs 142 at Wednesday's close
Amazon crosses 10 lakh sellers milestone across India. The number of Amazon Easy stores is on track to the 1 lakh stores mark by end of 2021
Google says employees flouting vaccination rules will be fired: Report. Alphabet Inc's Google told its employees they would lose pay and eventually be fired if they do not follow its COVID-19 vaccination rule, a report said
ICICI Venture's Puneet Nanda on his investment strategy. ICICI Venture aims to be a private equity major in the startup, fintech and real estate space. Business Standard's Surajeet Das Gupta takes a peek into chief executive Puneet Nanda's strategy
Ex-Netflix executive gets 2.5 years in prison for accepting tech bribes. A former Netflix executive was sentenced Tuesday to 2 and 1/2 years in federal prison for taking bribes and kickbacks from tech companies to approve lucrative contracts with the streaming giant.
Bengaluru-based Third Wave Coffee raises mn in Series A funding round. The Series A funding comes just months after the start-up closed its pre-Series A funding round in April from a clutch of investors.
Skoda Auto Volkswagen India announces resignation of MD Gurpratap Boparai. Auto maker Skoda Auto Volkswagen India on Wednesday said its Managing Director Gurpratap Boparai has resigned from the company with effect from January 1, 2022. Christian Cahn von Seelen will take interim charge of the VW Group's Indian operations from Jan
Skoda Auto Volkswagen India head quits, successor yet to be announced. Gurpratap Boparai, managing director, Skoda Auto Volkswagen India Pvt Ltd (SAVWIPL) has resigned from the company with effect from January 1, 2022
Ex-Twitter India head Manish Maheshwari quits, to join education venture. Former Twitter India Head Manish Maheshwari has quit the company to work on an ed-tech venture. Maheshwari, who had been transferred to the US in August this year, shared the development on a tweet. "After close to three years, I am leaving Twitter to dedi
Italy's insurer Generali to return up to bn to investors under new plan. Italy's top insurer Generali on Wednesday pledged to return up to 6.1 billion euros ( billion) in dividends and buybacks to shareholders
Maini Precision Products files papers with Sebi to raise funds via IPO. Maini Precision Products has filed preliminary documents with capital markets regulator Sebi to raise up to Rs 900 crore through an initial share-sale.
Healthcare startup Pristyn Care raises million, joins Unicorn club. By March 2022, the company plans to increase its geographical footprint by expanding to over 50 cities and towns and 1000 surgical centres
Health-tech startup Pristyn Care raises million in Series E round. Health-tech startup Pristyn Care on Wednesday said it has raised USD 96 million (around Rs 730 crore) in Series E round.
Retailers and customers can now place orders on JioMart using WhatsApp. Currently, JioMart has over half a million retailers in its network that can order their inventory on the messaging app
NTPC awards India's first green hydrogen-based microgrid project. Govt says it would be useful for studying and deploying multiple microgrids in various off grid and strategic locations of the country
Plix raises mn in series A from Guild Capital and RPSG Capital Ventures. Funds will be used to launch products in the nutraceuticals space. Over 85 SKUs are planned for launch in next 12 months
SpiceJet settles disputes with Canadian plane maker De Havilland. In 2017, SpiceJet had signed an agreement with De Havilland for the purchase of 25 Q400 aircraft
SC upholds Delhi govt's decision to issue 4,261 new permits only to e-autos. Residents of Delhi are badly affected by the air pollution, undoubtedly a part of which is contributed by vehicles, says SC while dismissing Bajaj Auto's plea
ShopConnect raises .5 mn pre-series from IBS Software founder V K Mathews. ShopConnect enables brands and retail merchants to build next-gen online stores to give an immersive user experience with features such as live video shopping and hyper-personalisation
JSPL to bid 'aggressively' for debt-laden steel maker NINL next week: MD. December 23 is the scheduled date for bidding for Neelachal Ispat Nigam Ltd (NINL)
Covid-19 pandemic accelerates digital adoption in health sector: PwC India. While doctors and patients went online to mitigate infection risk, pharma companies too adopted digital tools rapidly for customer engagement, development of multiple delivery models and R&D
SoftBank Vision Fund 2 leads mn funding for Payments tech firm Juspay. Juspay processes 300 mn online transactions a month with gross value of over bn; has highest number of payment SDK (software development kits) installed on 250 mn mobile phones
Fintech startup Uni raises mn Series A funding led by General Catalyst. The firm had raised a .5 mn seed round in October 2020, while still in stealth mode and its flagship product, the pay later card, Pay 1/3rd card was launched this June
Jio users can recharge their subscriptions via WhatsApp from 2022. Jio Platforms Director Isha Ambani noted that the feature will make the process of recharging simple
TVS, BMW Motorrad expand co-operation for future technologies, EVs. The first product from this partnership will be showcased in the next 24 months, TVS said
Jio, WhatsApp signal a deeper embrace in online retail and digital payments. Slated for launch in 2022, JioMart's conversational e-commerce push on WhatsApp will serve up catalogues from merchants and allow users to order essentials both on demand and as subscriptions
Japan's Osaka Gas plans to enter India's city natural gas market. The Japanese city gas supplier aims to supply natural gas to vehicles, homes and industries in India, using lorries and pipelines
Govt announces scheme for digital transactions using UPI, RuPay debit card. Financial outlay for one year is Rs1,300 cr
Reliance eyes first oil cargo from UAE trade arm in Dec: Report. RIL aims to get about a 500,000 barrels cargo of United Arab Emirates' Das crude from Reliance International Ltd, says a source
UBS clarifies it remains committed to India as advisory services move. Bloomberg on Wednesday reported that UBS planned to shut its global banking office in India and move investment banking coverage for the country offshore
Medical device, pharmaceutical units in NCR allowed to use diesel gensets. Factories making pharmaceuticals, medical devices, life saving medical equipment can use diesel gensets to run their plants, said the Commission for Air Quality Management in NCR & Adjoining Areas.
Ola delivers S1 scooters to its first 100 customers in Chennai, Bengaluru. The company said it organised special events in Bangalore and Chennai on Wednesday to deliver both S1 and S1 Pro trims to the first 100 customers
ICICI Prudential signs United Nations Principles of Responsible Investing. The insurer says this demonstrates its commitment towards Environment, Social and Governance issues
Nestasia raises mn in Series A round led by Stellaris Venture Partners. The firm makes and brings over 6,000 products across genres from India and South-east Asia. In a little over two years, it has completed 100,000 orders and has 50,000 customers in 7 countries
Experiential learning app Practically raises mn in strategic investment. The experiential learning app will leverage these investments to expand its operations across India, Middle East and SouthEast Asia
TVS Motor, BMW Motorrad join hands for EVs; first product in 24 months. The EV association comes almost nine years after TVS Motor Company and BMW Groups' motorcycle brand BMW Motorrad joined hands to develop sub-500cc motorcycles for the global market
Infosys subsidiary to acquire Singtel's Malaysia delivery centre. The cost of the transaction is "up to 6 million Singapore dollars, including the value of net assets, subject to customary closing adjustments", Infosys said in a regulatory filing
BS Awards: Be agile, adapt, says India Inc as change becomes a constant. The India Inc leaders, winners of the Business Standard Awards: Celebrating Excellence, were speaking at the 22nd edition of the awards held online
Distributors write to FMCG companies for the second time on price parity. According to a distributor, Marico has proposed to sell different packs in the traditional trade and organised B2B trade channels
Asian cuisine brand MasterChow raises Rs 3.5 cr in seed led by WEH Ventures. Angel investors Aditya Singh and Ravi Shroff also participated; funds to be used to double down on manufacturing capabilities, product development, hiring new talent and geographic expansion
Honasa, parent company of Mamearth and The Derma, offers ESOPs to all staff. Has distributed stocks worth Rs 20 cr in addition to ESOPs allocated earluer. The stock-based value creation will be a top-up component over and beyond the employee CTC
Glenmark arm nets Rs 180 cr in licensing deal for autoimmune antibody. ISB 880 has the potential to treat underserved patients across a range of autoimmune dermatological diseases
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