NSE share market NEWS tomorrow (14 December, 2021). NSE stocks in NEWS (tomorrow)
NSE share market NEWS tomorrow (14 December, 2021). NSE stocks in NEWS (tomorrow) These are NSE stocks which will be in NEWS tomorrow as on 14 December 2021
Bse was amongst the top gainers, currently trading at 2291.30 in NSE with 1.887 times change in volumes and 8.502% change in price. Other gainers included Pg Electroplast with 8.302% price change and 2.412 times volumes, Lupin with 6.68% price change and 7.595 times volumes, Central Depo with 5.065% price change and 1.009 times volumes, and Kei Industries with 4.818% price change and 0.89 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.
Hindustan Zinc was amongst the top losers, currently trading at 338.60 in NSE with 1.855 times change in volumes and -7.977% change in price. Other losers included Himachal Futuristic with -7.952% price change and 1.357 times volumes, Nmdc with -6% price change and 1.113 times volumes, Macrotech Developers with -4.748% price change and 2.974 times volumes, and Max Healthcare with -4.269% price change and 0.752 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.
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
US FDA clears Lupin's Goa plant, paves way for new product approvals. Goa plant has an annual capacity of 6 billion units of tablets, capsules or oral suspension drugs. It accounts for 18-20% of firm's US revenue
Natco board approves proposal to acquire US-based pharma company. The company's board has approved to acquire Dash Pharmaceuticals through one of its subsidiary units, it said
We'll be clocking 100 mn users on Shopsy by next year: Flipkart Senior VP. In a Q&A, Prakash Sikaria dwells on Flipkart's social commerce platform Shopsy's plans to become the country's largest grocer
Norwest Venture Partners announces closure of bn fund NVP XVI. Total capital under management at .5 bn; last fund NVP XV was raised in 2019 with a corpus of bn
EeVe India unveils Soul EV, announces Rs 1,000 cr investment in next 2 yrs. In the next five years, EeVe India aims to capture 10% market share in India's electric vehicle market
Revoking 2019 Future deal would boost Reliance: Amazon warns CCI. Amazon says sentiment will be hit if its 2019 deal with Future gets revoked by the anti-trust body and would send a negative signal to foreign investors
ITC discusses demerger possibilities at first-ever investor meet. ITC chairman Sanjiv Puri doesn't rule out listing infotech business and said the board is open to creating value for non-cigarettes FMCG business
French luxury brand Chanel appoints Unilever CHRO Leena Nair as CEO. Nair will step down as Unilever's chief human resources officer in January to join the French luxury brand
Netflix cuts fees for all plans in India, moves to expand in country. Flagship basic subscription reduced from Rs 499 to Rs 199 and that for premium users is cut to Rs 649.
How does Ikea's Peter Betzel plan to expand and invest in India?. In an interview with Business Standard's Sharleen D'Souza, Peter Betzel, chief executive officer and chief sustainability officer of Ikea India, shares the company's expansion and investment plans
Essar to develop Stanlow terminal into UK's largest biofuel storage hub. STL already provides biofuels storage capacity for customers through a dedicated supply and delivery infrastructure.
Weibo fined by Chinese regulator for publishing illegal information. Weibo Corp has been slapped with a 3 million yuan (0,000) fine by China's internet regulator for repeatedly publishing illegal information
Sachin Tendulkar joins Spinny as strategic investor, lead brand endorser. Former Indian cricketer Sachin Tendulkar has joined pre-owned car retailing platform Spinny as a strategic investor and lead brand endorser.
Telecom gear manufacturer HFCL raises Rs 600 crore through QIP issue. The company is one of the eligible players which has received permission under the production linked incentive scheme for telecom products
Adani Green Energy inks pact with SECI to supply 4,667 MW renewable energy. Adani Green Energy (AGEL) has inked a pact with state run Solar Energy Corporation of India (SECI) to supply 4667 MW of green energy. According to a company statement, this is the world's largest ever green power purchase agreement (PPA). "This is yet anot
VVDN to design and manufacture India's indigenous Tablet as an ODM Product. VVDN Technologies announced that it has started the complete design, development and manufacturing of "Make in India" Tablets for domestic and global OEMs and customers.
Aditya Birla Fashion to buy exclusive rights to Reebok in India. Shares of ABFRL jumped 4.6% to 279 rupees after the announcement
Adani Green inks agreement with SECI to supply 4,667 MW green power. The AGEL-SECI agreement to supply 4,667 MW is part of a manufacturing-linked solar tender of 8,000 MW awarded to AGEL by SECI in June 2020
Aditya Birla Fashion and Retail to take over Reebok's operations in India. This deal marks ABFRL's foray into India's fast-growing sports and activewear segment
TSMC in talks with Germany about establishing plant in nation: Report. Taiwan Semiconductor Manufacturing Company (TSMC) Is in early talks with the German government about potentially establishing a plant in the European country
Pickrr targeting 80-90% next-day deliveries; unveils 10 fulfilment centers. Logistics tech startup Pickrr is targeting 80-90 per cent next-day deliveries, amid a strong 1-million fulfilment orders in January next year, the platform said on Tuesday
Rebel Foods plans to invest 0 mn to acquire, scale new food brands. Rebel Foods, which runs chain of internet restaurants, on Tuesday said it plans to invest 0 million (nearly Rs 1,140 crore) to acquire and scale new food brands in India and globally.
Hero Electric joins Log 9 Materials for 15-minute EV charging. The integration of Log 9's 'RapidX' batteries can fully charge Hero Electric 2W within 15 minutes
Adani's realty unit in talks to buy debt-laden Ozone group, says report. Adani's 10-year-old developer arm will be taking over the debt of Ozone which has been struggling to repay creditors.
Flipkart's Shopsy eyes largest grocer tag, rolls out services in 700 cities. Shopsy would leverage Flipkart's grocery supply chain infrastructure and tech capabilities to provide consumers access to an expansive range of products to over 5,800 pincodes
Zomato appoints Anjalli Ravi as CSO, Nitin Savara as Deputy CFO. Online food delivery platform Zomato on Tuesday announced senior level hirings with ex-Unilever executive Anjalli Ravi Kumar joining as Chief Sustainability Officer and Nitin Savara as Deputy Chief Financial Officer. The company has consistently focused on
BS Awards LIVE: No evidence Covid has worsened poverty levels, says Debroy. Stay tuned to our LIVE blog to know the BS Award winners' vision for India in the post-pandemic era
Discoms' outstanding dues to gencos rise in Oct to Rs 93,609 cr. The overdue amount is the outstanding that has not been paid even after the expiry of 45 days grace period after bill generation
Airtel, Capgemini to develop India-specific enterprise 5G solutions. Bharti Airtel and technology services major Capgemini on Tuesday announced to collaborate on bringing India-specific, 5G-based enterprise grade solutions to the country.
Infosys selected by Orion Corporation to transform ERP, planning platforms. Infosys on Tuesday announced that it has been selected by Finnish pharmaceutical company Orion Corporation to transform its ERP and Planning platforms, and drive business value realisation.
Simplilearn's enterprise arm on track to build 0 million revenue by 2023. Key growth driver for Simplilearn is its strong strategic ties, with two-thirds of its enterprise business from multi-year deals that are half a million dollars or more in size
L&T Construction bags large order for buildings, factories business. Larsen & Toubro (L&T) on Tuesday said its construction arm has bagged a large order for its buildings and factories business from the Odisha government to construct clinical blocks and allied infrastructure for a hospital in Cuttack. The duration of the en
Kotak Mahindra Bank partners with IndiGo to offer co-branded credit cards. Essentially, the cards will work on a reward proposition of an airline ticket for free
Lupin receives inspection report from USFDA for Goa manufacturing facility. Homegrown pharma major Lupin Ltd on Tuesday said it has received the Establishment Inspection Report (EIR) from USFDA for its Goa manufacturing facility after an inspection in Sept 2021
BMW Motorrad India set to register over 100% growth in 2021. This year, BMW Motorrad India had a slew of new launches
SME neo-banking platform Open buys Finin for mn in cash-and-stock deal. Deal will strengthen Open's cloud native enterprise offering BankingStack through which it has deployed SME digital banking solutions for 17 banks
SaaS start-up Spry, led by ex-CTO of Ola, raises mn in seed round. Capital to bolster product development and drive expansion in India and US
Jio tops 4G download speed chart, Voda Idea in upload speed in Nov: Trai. Jio network recorded around 10 per cent rise in average 4G data download speed while speed on VIL and Airtel network increased 8.9 per cent and 5.3 per cent respectively
Fintech firm BharatX raises 0,000 in pre-seed round led by Java Capital. The funding will help drive BharatX's delivery of seamless Embedded Credit experiences on many consumer-facing platforms, with zero credit risk and zero operational headaches for the platforms
Insurance Samadhan raises Rs 5.5 cr in pre-Series A round. The start-up will use the funds to upgrade from offering just claim redressal services to an app providing claim management, insurance portfolio analysis and policy servicing features
Anand Rathi Wealth gains 6% on debut, ends at Rs 583.5 vs Rs 550 IPO price. At the closing price, the company was valued at Rs 2,428 crore
HR tech start-up Skillr raises .2 mn from Binny Bansal, Kunal Shah. The funds will be used to build a strong team, boost product development, and co-build powerful hiring solutions with early customers in India and the United States~
State Bank of India attempts to dissuade employees from striking work. Considering the ongoing pandemic situation, resorting to a strike will cause great inconvenience to the stakeholders, SBI said
Edelweiss buys back 5.3% from wealth management partner PAG for Rs 230 cr. According to the agreement, which was to lapse this month, no premium or discount was involved
In festive season, fraud app installations touch new high: Study. Advertising frauds are not limited to apps and their numbers and usage
Vodafone-Idea ties up with Hungama to roll out music streaming service. Move to drive digital adoption and monetisation
Vedanta withdraws cases against govt to settle retro tax dispute. Vedanta had challenged the demand for taxes at two forums -- Income Tax Appellate Tribunal and Delhi HC while its parent Vedanta Resources challenged the move before a Singapore arbitration tribunal
Flipkart bets on Ninjacart to take on Amazon, JioMart in grocery biz. The 5 million investment has almost doubled valuation of Bengaluru-based Ninjacart from 0 million last year to about 0 million and the firm is approaching unicorn status
PepsiCo India enters Rs 1,000 cr thin wafer market with Lay's Wafer Style. Lay's Wafer Style will be available in three flavours across various price points; will be launched across all channels of distribution
Managed services firm Prodapt buys UK-based SLR Dynamics for unknown sum. SLR Dynamics counts leading European and African telcos as customers. This is Prodapt's second acquisition this year following its purchase of Silicon Valley-based Innovative Logic in August
Fullife Healthcare gets mn funding from Morgan Stanley Pvt Equity Asia. This round of funding will support Fast&Up and Chicnutrix to expand their domestic presence, enhance manufacturing capabilities and accelerate momentum globally
Fabric-maker Raymond to raise Rs 100 cr through non-convertible debentures. The company's board is meeting on December 17 to consider and approve the NCDs
BNP Paribas says Sensex to be at 62,000 by 2022-end despite steep valuation. The issue of valuations has divided the analyst community with some saying there is more room to grow, while others have expressed fears to re-rate Indian equities
BS Awards: PM-EAC Chairman Bibek Debroy to deliver keynote address. As the year 2021 draws to a close, the Business Standard awards would bring together the highest-achieving companies and their leaders together on one platform
Good Glamm buys MissMalini Entertainment to expand footprint in celeb media. The strategic acquisition will help Good Glamm Group enhance content-to commerce strategy via MissMalini's reach and incorporate celebrity and influencer talent management in its offerings
Vedanta group entities withdraw multiple tax disputes with Indian govt. With this, the group is a step nearer to closing the dispute on withholdings tax with Cairn India
Greenlam to invest Rs 950 cr on new plant for plywood, particleboard biz. The investments in the new laminate plant and particleboard will be done by Greenlam South Ltd
Sterlite Power to expand transmission projects in Brazil for Rs 250 cr. The requests for an authorizing resolution for the construction of an additional scope came from the National Electric Energy Agency (ANEEL), it said
Hindustan Syringes gets nod to restart production in partial reprieve. Haryana's Commission for Air Quality Management allows it to run only eight hours a day on weekdays, and not at all on weekends
Grofers rebrands itself as Blinkit with pivot to instant commerce. Zomato, in July, said it has invested 0 million (around Rs 745 crore) for acquiring a minority stake of over 9 per cent in Grofers
Vietnam's Masan eyes international IPO for retail unit in 2023-2024. Vietnamese conglomerate Masan said on Monday it was considering launching an international initial public offering for its consumer retail unit The CrownX in 2023-2024
Paytm GMV more than doubles to Rs 1.66 trn in Oct-Nov 2021 period. Paytm reported over two-fold rise in its gross merchandise value to about Rs 1,66,600 crore in the first two months of the third quarter of this fiscal, driven by sharp uptick in loan disbursals
Nandan Terry files draft offer document for maiden IPO of up to Rs 254 cr. Ahmedabad based company, Nandan Terry Limited, belonging to Chiripal group, a textile conglomerate, filed draft offer document with the regulators.
Edelweiss increases stake in Edelweiss Wealth Management to 44.16%. Diversified financial group Edelweiss on Monday said it has increased its stake in its associate company -- Edelweiss Wealth Management (EWM) to 44.16 per cent. PAG, a leading Asia-focused investment group, continues to be the majority shareholder in EWM w
Walmart-owned PhonePe digitises 25 mn merchants, kirana stores across India. The company said that offline merchant transactions on its platform have shown 200 per cent growth since last year
Gravita India starts battery recycling unit in Gujarat; to invest Rs 62 cr. Recycling firm Gravita India on Monday said it has operationalised its new battery recycling unit near Mundra Port in Gujarat and plans to invest a total of Rs 62 crore
Worldline partners with major card networks to launch tokenisation solution. Worldline said that it has developed a fully interoperable plug-and-play solution to enable card on file tokenisation using single integration
Mensa Brands acquires online kidswear firm LilPicks for unknown sum. Founded in 2017, LilPicks has grown rapidly over the past four years and offers trendy, quality, designer, and affordable clothing, and accessories for children
Shriram Capital, Shriram City Union to merge with Shriram Transport. The merged entity would have a combined AUM of over Rs 1.5 trillion, distribution network of over 3,500. All of these would be serviced by 50,000 employees
Paytm's loan disbursals up 375% at Rs 1,320 cr in first two months of Q3. Value of loans disbursed through the platform grew 375 per cent YoY to Rs 1,320 crore (8 million) in the first two months of Q3
SC seeks response of Centre, Uber, Zomato on plea for gig workers' benefits. The plea by Indian Federation of App-Based Transport Workers has sought formulation of welfare schemes like health insurance, maternity benefits, pension, old age assistance, disability allowance
EV start-up Oben raises .5 mn to launch 100% homegrown electric bike. The one-year-old company says it will deliver its first batch of EVs in next six months
Fitch lowers outlook on ReNew Power rating to Stable on slower deleveraging. The firm's capex was expected to be below company's estimates given the continuing Covid-related challenges, including delays in signing new PPAs, the rating agency said
NODWIN Gaming picks up 10% stake in digital content network Rusk Media. Nazara Technologies on Monday said its subsidiary NODWIN Gaming has acquired a strategic 10 per cent stake in digital content IP media network, Rusk Media.
EV start-up Ultraviolette raises million from TVS Motor, Zoho Corp. Firm is setting up manufacturing and assembling unit in Electronics City, Bengaluru; will use investment for production and launch of its high-performance e-bike, F77; first batch out in H1 of 2022
Greenlam shares gain after board approves 5-for-1 stock split. Separately, the company informed that the board of its wholly-owned subsidiary Greenlam South has approved setting up a greenfield project for manufacturing of Particle Board at Nellore
Dialysis network NephroPlus raises mn to expand in India, abroad. Series E round was round led by IIFL Asset Management, with support from existing investors InvestCorp and Bessemer Venture Partners
No proposal to transfer ONGC's assets to OIL: Govt tells Rajya Sabha. Assam CM had earlier this year written to PM Modi requesting him to consider transferring all assets of ONGC in the northeastern region to Oil India Ltd
Walmart-owned Flipkart infuses 5 mn in agritech startup Ninjacart. 'With this investment, we are further able to strengthen our grocery footprint,' says Kalyan Krishnamurthy, CEO, Flipkart Group
Amazon-backed More Retail considering IPO to raise up to 0 mn: Report. Witzig Advisory Services Pvt, owned by Amazon and Samara Capital Partners, acquired More Retail in 2019 from Kumar Mangalam Birla's Aditya Birla Group
BPCL, BARC collaborate to scale up tech for Green Hydrogen production. The process refineries use to make hydrogen causes high CO2 emission. So refiners are setting up large electrolysers to produce green hydrogen from water and thereby decarbonise hydrogen production
Urban Company's valuation rises to .8 billion in 4th ESOP sale programme. The ESOPs sold in this transaction have largely been purchased by existing institutional investors of the company.
Lupin recalls 4,113 cartons of oral contraceptive medicine in US market. Homegrown drug maker Lupin is recalling 4,113 cartons of generic oral contraceptive tablets in the US, the world's largest market for medicines, due to manufacturing issues. As per the latest enforcement report issued by the US Food and Drug Administration
Premiumisation strategic priority, to launch brands from Heineken: UBL. Premiumization of the beer market is a "strategic priority" for United Breweries Ltd (UBL) and the company has plans to introduce brands from the global portfolio of Heineken, the Dutch multinational, which now owns a majority stake, said a top company off
Reliance, partner looking to buy bankrupt textile company Sintex. Reliance is partnering with Assets Care & Reconstruction Enterprise Ltd. to bid for the company under a court-appointed bankruptcy resolution process, Sintex said in a filing on Sunday
Comviva to hire 600 engineers by July 2022, eyes 10-12% business growth. Tech Mahindra group firm Comviva plans to hire around 600 engineers by July 2022, to meet growth requirements and to offset the impact of attrition, a top official of the company said. The company is now focussing on tier 2 cities and is now expanding the
Samco MF aims to mop up Rs 5,000 crore from debut Flexi-fund NFO. The fund will use a metric called active share" that shifts from traditional benchmarking and focuses on heavily stress tested" companies
Examining scope for India launch of 50-yr-old Jimny brand: Maruti Suzuki. The auto major currently manufactures three-door Jimny at its Gurugram plant and exports to Middle East and African markets.
Fino Payments Bank eyes 30-35% long-term revenue growth: MD Rishi Gupta. Gupta said Fino is a very differentiated payments bank compared to other fintech players in the market.
Shanghai Tesla plant rolls out 400,000 vehicles in first 11 months of 2021. Deliveries at Tesla's Shanghai Gigafactory came in at 413,283 vehicles in the first 11 months of this year
Volkswagen expects to double pre-owned car sales to 20,000 units this year. Volkswagen entered the used car market in 2012
Realme overtakes Samsung, grabs second spot in smartphone market. Realme is also making strides in global markets. It is available in over 60 markets across the world
Bounce plans to raise 0 mn to scale up its electric vehicle business. Bengaluru-based firm's vision is to make EV mainstream in India and sell at least 2 mn scooters on an annual basis in next few years
Franklin Templeton MF unitholders to get Rs 985 cr in eighth tranche. A total of Rs 25,114 crore has been distributed across 6 schemes under winding up
Bank of Maharashtra lowers home loan rate to all-time low of 6.4%. The new rates would be effective from December 13, it said
Allcargo group firm Gati Ltd looks to become Rs 3,000-cr company in 3 years. It has identified three areas, including talent acquisition and building infrastructure, to achieve the target
Hindustan Syringes shuts plant owing to pollution, triggers shortage scare. Disruption in the supply chain would result in shortage and other related issues like price increases
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