Airtel, Vodafone Idea, Tata group and other top stocks to watch out for on September 16

© BCCL Airtel, Vodafone Idea, Tata group and other top stocks to watch out for on September 16

  • The Indian stock markets could open on a flat note on September 16 after hitting new highs on the previous day.
  • Trends on SGX Nifty showed a decline of 3 points, suggesting that Nifty could have a tepid opening amid mixed cues in other Asian markets.
  • Telecom, Auto and Tata group could be among the top stocks to watch out for on September 16.

Telecom stocks

The government’s highly-awaited telecom relief package is finally here, offering a four-year moratorium on AGR and spectrum dues. Vodafone Idea and Airtel to benefit the most, but analysts are divided on whether this is enough to help Vodafone Idea survive.

Auto stocks

The Indian government announced a production-linked incentive scheme worth ₹26,000 crore for auto and auto component makers. The focus will be on promoting hydrogen fuel vehicles and electric vehicles.

Tata group

Has submitted a bid for Air India. Tata Sons’ chairman N Chandrasekaran also rejected news reports that the company is considering a revamp of its leadership structure.

SpiceJet

The airline’s owner Ajay Singh has also submitted a bid for Air India, according to media reports.

Wipro

Bagged a multi-year IT managed services contract from the Kuala Lumpur-based Maxis Broadband.

Zee Entertainment

Rated ‘Underweight’ by JP Morgan, with a price target of ₹320. After rallying 40% on Tuesday, Zee Entertainment’s stock ended slightly in the negative yesterday.

IPO Watch

Sansera Engineering IPO fully subscribed on Day 2. Today is the last day to subscribe to the IPO.

HG Infra Engineering

Bagged two projects from the National Highways Authority of India, and was declared as the lower bidder for a ₹448 crore project in Rajasthan.

CEAT

Received shareholder approval to issue ₹500 crore worth non-convertible debentures.

SEE ALSO:

Indian government dials M for moratorium – Airtel, Vodafone Idea get a four-year relief on AGR dues

Tata Sons submits financial bid for Air India, SpiceJet’s Ajay Singh still in the race

Government approves ₹26,058 crore PLI scheme for auto and drone industries

Internet Explorer Channel Network
News Related

OTHER NEWS

KPLB peruntuk RM1.7 bilion projek bekalan air luar bandar Sarawak

SHAH ALAM – Kementerian Pembangunan Luar Bandar (KPLB) memperuntukkan sebanyak RM1.7 bilion bagi melaksanakan 38 projek Bekalan Air Luar Bandar (BALB) di seluruh wilayah Sarawak. Menterinya, Datuk Seri Mahdzir Khalid ... Read more »

RUU MA63 ditangguh tunggu penjelasan Peguam Negara

© Provided by Free Malaysia Today Wan Junaidi Tuanku Jaafar berkata, Peguam Negara akan menghadiri mesyuarat Kabinet seterusnya untuk menjelaskan isu terbabit berhubung pindaan RUU MA63. PETALING JAYA: Pembentangan pindaan ... Read more »

Sarawak has all the ingredients to attract international events, says CM

© Provided by Free Malaysia Today Abang Johari Openg says Sarawak is safe and friendly, two important elements in hosting international events. (Bernama pic) KUCHING: Sarawak has all the ingredients ... Read more »

Covid-19: Selangor to kickstart youth vaccination programme on Sunday (Oct 24)

© Provided by The Star Online KLANG: The Selangor state government will kickstart its Covid-19 vaccination programme for youngsters aged 12 and above on Sunday (Oct 24). In a statement ... Read more »

MA63 bill delayed pending AG's explanation

© Provided by Free Malaysia Today Wan Junaidi Tuanku Jaafar says that at the next Cabinet meeting, the attorney-general will address issues related to the bill. PETALING JAYA: The tabling ... Read more »

R.I. Nightclub owners speak out for the first time since deadly fire

On February 20, 2003, 100 people were killed and more than 200 were injured when The Station nightclub in West Warwick, Rhode Island, burned to the ground. It was one ... Read more »

EMCO in two localities in Pahang ends tomorrow

© Provided by New Straits Times KUALA LUMPUR: The Enhanced Movement Control Order (EMCO) enforced at two localities in Pahang will end tomorrow. National Security Council (NSC) director-general Datuk Rodzi ... Read more »

How Does Maternity Leave Really Work in Canada?

© Unsplash pregnant woman in green dress Preparing for motherhood is already a complex journey — especially if you’re a working mom planning for maternity leave in Canada. While each ... Read more »

Schock in Dortmund: Erling Haaland fehlt dem BVB «mehrere Wochen»

© Bereitgestellt von Blick Erling Haaland wird der Borussia einige Zeit fehlen Torjäger Erling Haaland wird Borussia Dortmund erneut «mehrere Wochen» fehlen. «Er hat eine Hüftbeugerverletzung, die es nicht möglich ... Read more »

Öffentlicher Verkehr: Roger Federer weiht Basler «Drämmli» ein

Tennisstar Roger Federer kurvt neuerdings in der Region Basel herum: Die Basler Verkehrs-Betriebe (BVB) widmen dem Tennispieler ein eigenes Tram, das Federer am Freitag höchstpersönlich einweihte. © Bereitgestellt von Blick ... Read more »

Runaway higher ed spending gains little except endless student debt

© iStock college student women debt minority women gap pay wage loan forgiveness biden trillon 1.7 debt salary gender gap Our colleges and universities, once widely called “the envy of ... Read more »

The Best Men's Corduroy Pants Are Large and In Charge

© Photograph by Matt Martin So, it’s another bitingly cold winter day. You haul your aching bones out of bed, shiver your way half awake to the café on the ... Read more »

Twitter admits bias in algorithm for rightwing politicians and news outlets

Twitter has admitted it amplifies more tweets from rightwing politicians and news outlets than content from leftwing sources, with the UK Conservative party among the biggest beneficiaries. © Provided by ... Read more »

Scientists Develop Quick Test for Marijuana Use

FRIDAY, Oct. 22, 2021 (HealthDay News) — Researchers may be one step closer to developing the equivalent of a Breathalyzer for detecting marijuana use. © Provided by HealthDay In an ... Read more »

Want Fewer Fractures in Nursing Homes? Put More Dairy on the Menu

FRIDAY, Oct. 22, 2021 (HealthDay News) — Serving more dairy products to nursing home residents could be a simple way to reduce their risk of falls and fractures, a new ... Read more »

Will A Chance Encounter in the Skies See Congress-SP Alliance Take Off Before 2022 UP Polls?

© Provided by News18 Will A Chance Encounter in the Skies See Congress-SP Alliance Take Off Before 2022 UP Polls? A chance encounter in the high skies between Congress general ... Read more »

Google cuts Play Store fees for subscription apps

© Provided by CNBCTV18 Technology giant Google on Thursday said it will lower the fee that the company charges developers for subscription-based apps on Play Store from 30 percent to ... Read more »

50-yr-old passenger on Bengaluru-Delhi Vistara flight falls ill, dies in Indore

© Provided by Hindustan Times A passenger onboard Vistara flight from Bengaluru to Delhi complained of breathlessness before he fainted. The plane was landed at Indore airport to get him ... Read more »

Maharashtra TET 2021exam postponed to 21 November; check details here

© Provided by Firstpost Maharashtra TET 2021exam postponed to 21 November; check details here The Maharashtra State Council of Examination (MSCE) has postponed the Maharashtra Teacher Eligibility Test (TET) 2021. ... Read more »

Congress appoints Harish Chaudhary new in-charge for Punjab

© Provided by Zee News New Delhi: The Congress on Friday appointed Harish Chaudhary as the AICC in-charge for party affairs in Punjab relieving Harish Rawat. Chaudhary, who was the ... Read more »

Jeep India reports 40% rise in sales

© Provided by The Times of India CHENNAI: Jeep India has seen Navratri demand driven sales rise 40% over pre-Covid 2019. “We did around 1,400 units last month, and this ... Read more »

Ola CEO Bhavish Aggarwal's coffee run prompts brand banter. Anand Mahindra calls his pick ‘smart move'

© Shylaja Varma Ola CEO Bhavish Aggarwal’s coffee run prompts brand banter. Anand Mahindra calls his pick ‘smart move’ Ola CEO Bhavish Aggarwal’s coffee run with his Chief Marketing Officer ... Read more »

T20 World Cup 2021 West Indies vs England: It will be a mouth-watering clash, says Samuel Badree

© Provided by Zee News Defending champions West Indies have lost both of their warm-up matches while England won both their matches ahead of their World Cup opener. “The West ... Read more »

'Pakistan has never apologised for human rights violation in Jammu & Kashmir'

© Provided by Zee News Tel Aviv (Israel): Pakistan has never apologised for the human rights violation carried out by its army, despite having often claimed credit for it, and ... Read more »

DRDO conducts successful flight test of Abhyas in Odisha

India on Friday successfully conducted the flight test of the indigenously-designed Abhyas – High-speed Expendable Aerial Target (HEAT) in Odisha. The trial was carried out by the Defence Research and ... Read more »

RBI releases draft framework on implementation of Basel III Capital Framework for AIFIs

© Shubhashish RBI releases draft framework on implementation of Basel III Capital Framework for AIFIs Reserve Bank of India on October 22 released a draft framework on master directions to ... Read more »

Paytm gets SEBI's nod for Rs 16,600 crore IPO

© Faizan Javed Paytm gets SEBI’s nod for Rs 16,600 crore IPO One97 Communications, the parent company of fintech platform Paytm, has received the nod from the Securities and Exchange ... Read more »

RBI MPC Minutes: Monetary policy making in 'slow motion' no longer appropriate, says MPC member Jayanth Varma

© Saurav Mukherjee RBI MPC Minutes: Monetary policy making in ‘slow motion’ no longer appropriate, says MPC member Jayanth Varma Monetary Policy Committee (MPC) member Jayanth Varma expressed strong dissent ... Read more »

Coronavirus: NIH admits to US funding of gain-of-function research in Wuhan lab

© Provided by WION In a stunning admission, USA’s National Institute of Health admitted that US-funded money was used for bat coronavirus gain-of-function research in a lab in Wuhan. Gain ... Read more »

Lakhimpur Kheri case | Ashish Misra, three others sent to two-day police custody

Four of the accused in the Lakhimpur Kheri violence case, including prime accused Ashish Misra, have been sent to two days’ police remand. The investigators’ plea for remand of Ashish ... Read more »

The fate of the planet will be negotiated in Glasgow

© Jeff J Mitchell/Getty Images A bicyclist crosses the Clyde Arc road bridge by the Scottish Events Centre, which will host the COP26 UN Climate Summit in Glasgow, Scotland. COP26 ... Read more »

Graeme Jones set to manage next three Newcastle games with new owners uncertain on next manager

© GETTY IMAGES Graeme Jones takes Newcastle training – GETTY IMAGES Graeme Jones is likely to remain interim manager of Newcastle United until the next international break as the various ... Read more »

eBay slash 20% off refurbished Dyson products - but the sale won't last long

Starting from today, you can get a huge 20% off certified refurbished Dyson products on eBay with an exclusive discount code. Whether you’re getting started on your Christmas shopping early, ... Read more »
On free-english-test.com you will find lots of free English exam practice materials to help you improve your English skills: grammar, listening, reading, writing, ielts, toeic