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NSE share market NEWS tomorrow (13 December, 2021). NSE stocks in NEWS (tomorrow)

NSE share market NEWS tomorrow (13 December, 2021). NSE stocks in NEWS (tomorrow) These are NSE stocks which will be in NEWS tomorrow as on 13 December 2021

Max Healthcare was amongst the top gainers, currently trading at 399.40 in NSE with 2.39 times change in volumes and 4.678% change in price. Other gainers included Sona Blw with 4.232% price change and 2.431 times volumes, Central Depo with 3.714% price change and 3.075 times volumes, Pg Electroplast with 3.532% price change and 2.579 times volumes, and Syngene Internatio with 3.445% price change and 2.134 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.

Idea Cellular was amongst the top losers, currently trading at 15.50 in NSE with 0.71 times change in volumes and -5.488% change in price. Other losers included Computer Age with -5.273% price change and 36.967 times volumes, Suzlon Energy with -4.459% price change and 0.648 times volumes, Indian Energy with -3.489% price change and 0.519 times volumes, and Bajaj Finance with -3.137% price change and 1.912 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.

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

Google won't raise every employee's salary to keep up with inflation. A top Google executive has said that the tech giant would not automatically adjust all employees' salaries to account for inflation.

Sterlite Technologies unveils its 5G-from-India offering at IMC 2021. The company expects that the end-to-end nature of solutions will fundamentally alter the game for super-fast and high quality 5G deployments

Meta, WhatsApp scout for CCO, nodal contact and grievance officer in India. Meta and WhatsApp are scouting for candidates for roles of nodal contact and grievance officer as well as chief compliance officer positions that have been mandated under India's IT rules

Myntra appoints chartered accountant Abhishek Gupta as CFO. Gupta is currently Head of Finance, Flipkart Wholesale & Walmart India

Lulu Group to invest Rs 2,000 cr to build shopping mall in Gujarat. The UAE-based retail giant Lulu Group on Saturday announced it will invest Rs 2,000 crore to develop a shopping mall near Ahmedabad in Gujarat as part of its plans to expand business in India.

Vedanta to pay Rs 5,019 crore in dividends after solid earnings. Vedanta approved an interim dividend of Rs 13.50 a share

Zydus Cadila gets USFDA approval to market generic schizophrenia drug. Cariprazine is an atypical antipsychotic medication used for the treatment of schizophrenia and acute treatment of manic or mixed episodes associated with bipolar disorder.

Lupin to set up 100 diagnostic labs and 1,000 collection centres in 5 yrs. Announced foray into fragmented diagnostic business where organised chains have less than 20% share of overall business

PFC pays second interim dividend of Rs 369 cr to govt for 2021-22. State-run Power Finance Corporation (PFC) said it has paid the second interim dividend of Rs 369.57 crore to the government for the 2021-22 fiscal.

Bharti Airtel gets maximum consumer complaints, govt informs Parliament. The telecom regulator Trai has received the highest number of complaints against Bharti Airtel followed by Vodafone Idea and Reliance Jio, Parliament was informed on Friday

Gati-KWE opens its largest surface transhipment centre in Farukh Nagar. Gati-KWE plans to set up five more similar STCs at Mumbai, Nagpur, Indore, Bengaluru and Hyderabad in the near future.

Minda Industries forms JV with FRIWO for manufacturing EV components. MIL plans to invest Rs 71 crore in one or more tranches as equity investment to partly fund the above expenditure.

India Ratings launches ESG relevance disclosure on rated companies. India Ratings and Research launched its integrated disclosure that shows how environmental, social, and governance (ESG) factors impact individual credit rating decisions

Starbucks workers vote to join union at one store in New York's Buffalo. Starbucks employees voted to join a union at one store in Buffalo, New York, delivering the coffee chain its first unionized company-owned location in the US

LIC gets central bank approval to hike stake in IndusInd Bank to 9.99%. LIC is one of the biggest institutional investors in India's stock market and has a stake in a number of private and public sector banks.

Oracle to see Cloud ERP biz reach bn in 5 years: Larry Ellison. Oracle will see its Cloud ERP business to reach about billion in five years, its co-founder and chief technology officer Larry Ellison has said.

HUL offers flexible working options for employees, gig workers: Report. U-Work scheme, offered globally by Unilever, gives employees a flexible association with the company

Shiprocket closes 5 mn funding round, led by Zomato, Temasek, Lightrock. E-commerce logistics firm Shiprocket said it has signed definitive agreements for a 5 million (Rs 1,380 crore) Series E funding round

Google extends Play Store billing deadline for developers to Oct 31, 2022. Digital goods on the Play Store have to use its billing system, allowing Google to collect a percentage of in-app purchases as fees

Pharma major Lupin announces launch of its diagnostics business. Homegrown pharma major Lupin Ltd on Friday announced the launch of its diagnostics arm as part of its strategy to provide integrated healthcare in India.

Ed-infra startup Teachmint launches in 25 countries, eyes more markets. Available on both Google Play Store and App Store, its platform has also been localised in languages like Arabic, Thai, Indonesian Bahasa and Vietnamese to meet the needs of educators in those regions

Communication fitness firm vani.coach to skill corp execs, eyes mn ARR. Pune-based firm counts Lupin, L&T, Asian Paints, Reckitt and Cipla among clients; has raised a pre-seed round of 0,000, and is now in talks with some venture capitalists for a seed round

Byju's ropes in ex-Bain executive Rachna Bahadur to lead global expansion. Bahadur has over 15 years of experience; she led consumer product practice at Bain and co-led the 'Women @ Bain' India chapter which aims to create an inclusive, gender non-conforming environment

Govt support will spur industry to shift to low-carbon steel: Sajjan Jindal. The JSW group CMD says steel industry has a crucial role to play in India's pledge to Net-Zero by 2070

Pharma firm Venus Remedies makes the cut for PLI Scheme. Under this scheme, Venus Remedies will make a committed investment in plant and machinery, get incentives on incremental sales of pharmaceutical products

DoT moves NCLAT against resolution of Videocon; claims Rs 882-cr dues. The Department of Telecommunication (DoT) has moved the insolvency appellate tribunal NCLAT against the NCLT order approving the consolidated resolution plan for 13 companies of Videocon Group, including Videocon Telecommunications. The DoT, in its petitio

Stay away from secondary IPOs, there's conflict of interest: Zomato's Goyal. Goyal said going public has helped the company focus on its long term strategy better as private investors dig deeply on a business' performance on a weekly basis

Apollo TeleHealth sees Covid boost to telemedicine; gets new BSI approval. After a successful foray in Malaysia where it has tied up with the local govt, the firm is now eyeing Africa and Bangladesh to strengthen its global footprint

MG Motor India to drive in electric vehicle at Rs 10-15 lakh by next fiscal. At present, the company sells electric SUV 'ZS EV' which is available in two variants

Bajaj Electricals to review corporate structure for better opportunities. The company is currently engaged in the business of consumer products and engineering procurement and construction segment

PDD signs power purchase agreement with SECI for solar project in Leh. The PPA was signed between chief engineer, PDD Ladakh, Ghulam Ahmad Mir and Senior Manager (Projects), SECI, Debajyoti Bordoloi

Sequoia Capital sees Indian financial firms' value soar to .5 trillion. Valuations for India's fintech companies should jump 10 times to 0 billion by 2030

Oracle beats second-quarter estimates on tech spending rebound. Oracle Corp reported upbeat second-quarter results, as the IT-services turned cloud solutions player benefited from a rebound in tech spending from businesses looking to support hybrid work

Top-5 IT firms to rent 12 mn sq ft office space on robust hiring: Report. Co-working spaces to see demand because the challenges of the pandemic continue with discovery of new variants such as Omicron

Cloud related roles take up 10% of total jobs: Monster. The cloud market in India is expanding and expected to grow 26% by the end of 2022.

Myntra festive sale eyes 60 mn visitors, is ready for 15K orders a minute. Aix-day event is slated to cater to fashion, beauty and lifestyle needs of over 4 mn unique customers with the demand expected to rise by 2.5x of BAU (business-as-usual) days

IPO-bound India firm powering Apple Maps eyes overseas expansion. India earlier this year relaxed centuries-old stringent controls over mapping and other geographic data, providing a boost for companies such as MapmyIndia

419 million shares of RIL rights issue to commence trading on Friday. These shares-issued as part of the Rs 53,124-cr rights issue last year-have become fully-paid up after payment of final tranche last month

Pandemic-hit 2021 sees top Indian cos' valuation rise 68%: Hurun report. The list is led by Mukesh Ambani-led Reliance Industries

Bond holders clear RCap subsidiary Reliance Commercial's revival plan. Plan had been okayed by ICA lenders, awaited non-ICA lenders' nod. Delay was due to Sebi circular on voting by debenture holders. RCFL owes Rs 9,000 cr to lenders

Chennai-based WEGoT raises .5 million to expand footprint across India. Strategic round was led by GRUHAS Proptech (promoted by Abhijeet Pai of Puzzolana Group, Nikhil Kamath of Zerodha), Rahul Talwar-DLF Family Office, Harshad Reddy-Apollo Hospitals Family

Ujjivan SFB raises interest rates by 50-75 bps on FDs up to Rs 2 crore. For depositors aged under 60, the bank is offering 6.5% for a 12 months tenure, and 6.6% for 19-24 months; seniors get an additional 75 bps across tenures

Top Internet restaurant firm Rebel Foods hires ex-Amazon exec as global COO. Prakash Dutta, alumnus of Birla Institute of Technology, had built, scaled and headed Amazon India's operations for over six years

Microsoft, WhiteHat Jr partner to offer game-based learning experiences. Microsoft India and WhiteHat Jr on Thursday announced a collaboration to provide students and teachers access to personalised and immersive learning experiences with Minecraft

5G testbed likely to be rolled out in early January: Telecom Secretary. The government is planning to roll out 5G testbed in early January to enable small and medium enterprises and other industry players to test their solutions on a working platform

B2B e-commerce startup Udaan gives Reliance's JioMart a run for its money. Nearly 45% of the total 301 retailers in a survey said they selected Udaan as distribution partner versus 33% for JioMart

HCL Tech names ex-KPMG exec Santhosh Jayaram as global sustainability head. Jayaram had led the sustainability and climate change practices at KPMG and Det Norske Veritas

Ex-Religare CEO sent to judicial custody in connection with fund siphoning. A Delhi court sent Krishnan Subramanian to judicial custody for four days in connection with the alleged siphoning of public money to the tune of Rs 2397 crore of Religare Finvest Limited (RFL).

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