NSE share market NEWS tomorrow (19 February, 2021). NSE stocks in NEWS (tomorrow)
NSE share market NEWS tomorrow (19 February, 2021). NSE stocks in NEWS (tomorrow) These are NSE stocks which will be in NEWS tomorrow as on 19 February 2021
Idfc First was amongst the top gainers, currently trading at 62.40 in NSE with 4.024 times change in volumes and 7.401% change in price. Other gainers included Cg Power with 4.096% price change and 3.681 times volumes, Central Depo with 3.022% price change and 4.851 times volumes, National Buildings with 2.729% price change and 0.67 times volumes, and Varun Beverages with 2.683% price change and 1.677 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.
Bank India was amongst the top losers, currently trading at 84.30 in NSE with 1.461 times change in volumes and -9.501% change in price. Other losers included Lic Housing with -6.171% price change and 1.05 times volumes, Bharat Heavy with -6.047% price change and 0.447 times volumes, Apollo Hospitals with -6.013% price change and 1.379 times volumes, and Idea Cellular with -5.628% price change and 1.6 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.
Accenture CEO stresses on zero-waste, says future lies in sustainable biz. Julie Sweet said the company is already recycling 75 per cent of its waste in India; last year the tech giant said it will achieve zero-emission by 2025
Ikea arm to set up first shopping mall in India for Rs 5,500 cr. 48,000 sq m land acquired in Noida; experts say proposed mall will take 2-3 years to build
Isro on a mission to give leg-up to start-ups in space sector. ISRO has embarked on a mission to take startups in the space sector to a higher orbit with a string of initiatives to help them realise their business potential. It is keen on formulating an exclusive space startup programme -- "Space Entrepreneurship &
Jubilant FoodWorks to acquire Fides Netherlands for about Rs 250 crore. Fides is the beneficial owner of 32.81 per cent of equity shares of DP Eurasia NV, which is a public company listed with London Stock Exchange Plc
Dhunseri, Berger may invest Rs 500 cr in Bengal's Panagarh industrial park. The paints major is contemplating to invest around Rs 100 crore to manufacture construction chemicals and putty, sources said
Sustainability can help companies become more profitable: Accenture CEO. Sweet cited a research that said companies that have combined sustainability into their business strategy are 2.5 more successful than those who have not
Amazon India signs agreement with DGR for hiring ex-service personnel. Amazon India on Friday said it has signed an agreement with with the Directorate General Resettlement (DGR) to provide ex-service personnel with work opportunities across its network in India.
Dr Reddy's applies for emergency use approval for Sputnik V vaccine. Aims to launch the vaccine in March if regulator approval comes through
Covid-19 vaccination: Serum Institute to gain from G7's boost to COVAX. The immediate contribution will be billion. More than 180 nations are yet to administer a single dose of the Covid vaccine
Novavax, Serum Institute plans to supply 1.1 billion doses to COVAX. Novavax has signed a memorandum of understanding (MoU) in this regard with Gavi, the Vaccine Alliance.
Hindustan Coca-Cola Beverages ramps up clean energy capacity. The company has been able to offset 46,500 tonnes of carbon emission per annum with solar and wind energy and 30,000 tonnes of carbon emission per annum using biomass fuel in its boilers
Top headlines: Rich PF investors may opt for debt funds, GST slab merger. Following the backlash it received for the update to its privacy policy in early January, WhatsApp will now let users take a better look at the changes that have been proposed. Read top news here
Covid-19: Uber tells employees to work from home till mid-September. In August, Uber told employees they should expect to work from home through June 2021
WhatsApp to move ahead with controversial privacy update despite backlash. The messaging platform laid out fresh terms in January, aimed at increasing business transactions on the platform
India to contest Cairn arbitral award, other suits filed by firm: Sources. New Delhi has time till March 21 to file an appeal in accordance with a 90-day window
Zydus Cadila gets USFDA final nod for low blood pressure drug Droxidopa. The newly approved medication will be manufactured at the group''s formulation manufacturing facility at SEZ, Ahmedabad
Oil India led consortium to bid for BPCL's stake in Numaligarh Refinery. As part of a larger plan for disinvestment of Public Sector Undertakings, the government wants to privatise downstream oil refiner BPCL by the end of the first half of next financial year (2021-22)
Patanjali's Coronil, 1st 'proof-based' drug to fight Covid, gets govt nod. Ramdev-led Patanjali Ayurved had launched 'Coronil', for treating Covid-19 on June 23
Continuum Wind Energy to issue maiden green bond worth 0-600 mn. Continuum Wind Energy Ltd was founded in 2012 and is focused on establishing an independent renewable power producer business in India
Ashok Leyland commences production at new bus facility in Andra Pradesh. The plant, spread over 75 acres, will include latest technology to deliver the high quality standards of the Ashok Leyland brand
INOX Air Products announces Rs 2,000 cr investment in industrial gases. Eight new air separation units to come up from FY22 to FY24
IKEA planning first India shopping mall in Noida, to invest Rs 5,500 cr. IKEA said it had bought a 48,000-square-metre plot in the city and would develop the new site into a mall anchored by an IKEA store
Srikanth Balachandran moves from Bharti Global, joins Oneweb as CFO. Appointment assures continuity for OneWeb; under his stewardship, Airtel engaged in intense M&A, grew its customer base five-fold and expanded operations to 18 countries
35 Indian enterprises make it to the first Startup Bridge Canada programme. SBC will run a six-week Canada access market programme; 50 mentors from Canada onboarded for the programme
Indian Bank signs MoU with IISc initiative to fund start-ups, MSMEs. State-owned Indian Bank on Friday said it has entered into an MOU with Society for Innovation and Development (SID), an initiative of Indian Institute of Science, for extending exclusive credit facility to Start-ups and MSMEs. This initiative is a part
LIC Housing Finance disburses Rs 1,331 cr of loans via mobile app. The firm has disbursed Rs 1,331 crore worth loans through its mobile banking app in the last one year
Indian Bank, IISc-run society join hands to fund start-ups and MSME. Society for Innovation and Development (SID) will identify start-ups and MSMEs based on their credentials and refer the list of such members that require financial assistance to the bank
L&T-built Interceptor Boat, the 17th in series, commissioned at Chennai. 40 Ships are at various stages of construction at different Shipyards in India, says Coast Guard
After honey, Marico gets into instant noodles under Saffola brand. Takes on Nestle, ITC in a Rs 4,000 cr market; first big launch after Maggi crisis
Amazon, Directorate General Resettlement sign MoU for hiring ex-servicemen. Plan is in alignment with Amazon's global vision of hiring 25,000 military veterans by 2025
India can lead in building global tech frameworks: Facebook India MD. Says private sector needs to have more transparency in building a trustworthy ecosystem
Clubhouse lands on Google Play Store in India but you can't sign up. 'Join our waitlist and we will let you know when we are open up signups on our mobile app,' reads the message after downloading the Android app.
E-learning, work from home power up notebook and laptop sales: IDC. For Q4CY20, PC shipments grew by 27 per cent year-on-year, said data from the IDC.
Delisting issue: 'Reviewing court order,' says Schneider Electric. Company had approached Bombay High Court after stock market regulator's January order
Engineers India and Oil India to bid for 61.6% stake in Numaligarh Refinery. The exact percentage of the stake of OIL and EIL will depend on the extent of right of first offer to be exercised by govt of Assam, which already holds 12.35% stake in NRL
Mining resumes at state-owned NMDC's Donimalai mine in Karnataka. State-owned NMDC on Thursday announced resuming mining operations at its Donimalai iron ore mine in Karnataka
Ranbaxy-Daiichi case: SC asks lenders to place loan records of promoters. The Supreme Court Thursday directed 17 banks and financial institutions of former Ranbaxy promoters Malvinder and Shivinder Singh to place on record the paperwork related to the loans in question
Indian IT sector likely to hit 0 billion by 2026, says McKinsey report. McKinsey also pointed that tech business models are reshaping worldwide and IT industry need to refocus
Ford puts projects with M&M on hold as it reassesses India strategy: Report. NEW DELHI/DETROIT (Reuters) - Ford Motor has frozen all projects it was working on with Mahindra & Mahindra while it finalises a new India strategy, three people familiar with the U.S. carmaker's plans told Reuters, weeks after the two companies called
Engineers India, OIL to jointly bid for BPCL stake in Numaligarh Refinery. The refinery was incorporated on April 22, 1993 and has a 3 million tonnes per annum capacity. It is the largest customer of OIL's crude produced from its North Eastern fields
Ugro Capital launches 'Gro Micro', aims to support 50,000 small biz by 2022. The company has a net disbursement target of Rs 2,500 crore for 2021-22
We're well-positioned to grow in India, says Walmart CEO Doug McMillon. McMillon, which is betting big on India through Flipkart, said e-commerce penetration is low in India but growing rapidly
DLF Cyber City completes acquisition of 51.8% stake in Fairleaf Real Estate. The group, through its subsidiary DLF Cyber City Developers (DCCDL), purchased 51.8 per cent stake in the firm that operates Gurgaon's upmarket commercial complex One Horizon Center
DLF rental arm acquires 'One Horizon Centre' in Gurugram for Rs 780 cr. Hines had nearly 52 per cent stake in the One Horizon Centre while the rest was with the DCCDL
Nestle reports 'high single-digit' growth in 2020 on the back of key brands. Key brands such as Maggi, Nescafe and KitKat posted robust growth in the Indian market in 2020, Nestle said in a post-earnings statement
Indian IT sector well-positioned, can double in 4-5 years: HCL Tech CEO. Indian IT players are well-positioned to capture at least 20 per cent share of the trillion-dollar incremental spend on technology over the next 4-5 years, HCL Technologies CEO C Vijayakumar said.
CAIT demands ban on Amazon in India, seeks action against e-commerce firms. CAIT accused Amazon of indulging in predatory pricing, deep discounting and inventory control
Pawan Hans privatisation received multiple preliminary bids: Dipam secy. The government has received multiple preliminary bids for strategic sale of Pawan Hans, DIPAM Secretary Tuhin Kanta Pandey said on Thursday.
Small venture capital funds making a beeline for startups: Report. Investments into the startup ecosystem by micro venture capital funds (investments under 30 million) have jumped manifold to USD 341 million in the past three years
Future Generali launches health product with 80% discount on no-claim. General insurer Future Generali has launched a health product offering 80 per cent flat discount on the premium on renewal if there was no claim in the previous year. The health super saver policy offers a straight 80 per discount on the premium on renewal
Zoom user base sees 70x growth in India amid Covid pandemic: CEO Yuan. Terming 2020 as a "crazy year", Yuan spoke about the growth in adoption of the app in an extremely crowded market place which had alternatives
Thyssenkrupp ends talks with Britain's Liberty on steel unit sale. The move comes after Sweden's SSAB last month abandoned plans to buy the Dutch operations of India's Tata Steel
Constructive dialogue: Cairn CEO after meeting finance secy, tax officials. India is preparing to file an appeal against the award at The Hague
Flipkart is positioned to win India's e-commerce future: Walmart's McKenna. Flipkart saw more than 250 mn customers over a 5-day period during its flagship 'Big Billion Day' sale event, and PhonePe reached milestone of 1 billion monthly payment transactions, McKenna said
Telco subscriber base dips marginally in Dec; Airtel, Jio add new customers. Telecom subscriber base in the country fell marginally to 1,173 million in December 2020
Flipkart says working on scaling loyalty programme, grocery, fashion biz. Flipkart on Thursday said it is working on scaling its loyalty programme, grocery and fashion business while continuing to invest in technology and infrastructure
Flipkart pushes Walmart global sales up 5.5% in Q4 to .9 billion. Walmart on Thursday said its international sales grew 5.5 per cent to USD 34.9 billion in the fourth quarter, led by "strong topline growth" across e-commerce arm Flipkart and some other markets
Jaguar Land Rover to cut 2,000 jobs globally, full review underway. "We anticipate a net reduction of around 2,000 people from our global salaried workforce in the next financial year," it said
Logistics aggregator platform Shiprocket raises Rs 200 cr in C3 funding. The fresh funding round was co-led by Tribe Capital, a leading Silicon Valley-based venture capital firm, along with March Capital, a Santa Monica-based venture growth firm
After losing to WhatsApp, Kavin Mittal's Hike aims to rival Facebook. Despite becoming a hit early on thanks to quirky stickers and a privacy feature that let teenagers hide chats from parents, Hike's messenger app overtime failed to challenge the popularity of WhatsApp
GAIL buyback offer to open for 6,97,56,641 fully paid-up equity on Feb 25. The funds for the buyback will be met out of internally-generated cash resources of the company, it added
Shiprocket raises mn from Silicon Valley's Tribe Capital, March Capital. The e-commerce shipping firm processes more than 4 mn monthly shipments, enabling more than 100,000 sellers to sell directly to their consumers across India
IFC, TCCL and EverSource to back WABAG's hybrid annuity model project. WABAG will execute Engineering, Procurement and Construction (EPC) portion of this project over 24 months followed by O&M of 15 years
Nestle FY growth outshines peers thanks to pet food, health products. Full-year organic sales, which strip out currency swings, acquisitions and divestitures, grew 3.6% in 2020, ahead of Nestle's own guidance for "around 3%" and peer Unilever's 1.9% underlying sales
PE/VC investments drop by 35% in January to .6 bn: EY-IVCA data. January 2021 recorded three large deals worth 0 mn compared to five large deals worth .4 bn in January 2019 and 12 large deals worth bn in December 2020
L&T Construction bags major contract to build two units of Kudankulam plant. The Kudankulam Nuclear Power Plant is India's first Light Water Reactor (LWR) of six units with a generation capacity of 1000 MWe each
RBI approves DHFL resolution plan from Piramal Capital and Housing Finance. DHFL's lenders to get Rs 37,250 cr over 5 years
On track to bring in more new hires in Q1 2021 than ever before: Cognizant. Cognizant has stepped up its hiring efforts for both freshers and lateral hires in the country
India Inc expected to dole out 7.3% average increment this year: Survey. As many as 92 per cent companies that participated in the survey plan to give an increment in 2021 compared to only 60 per cent last year
What to say, and what not: 'Sensitive/not for disclosure' Amazon story. Indian traders, both brick-and-mortar and smaller online sellers, have long alleged that Amazon's platform largely benefits a tiny number of big sellers
L&T arm to build 2 units of Kudankulam Nuclear Power Project. The construction arm of L&T has secured an order in the range of Rs 1,000-2,500 crore to construct the Main Plant Civil Works of the Kudankulam 5 and 6 units.
IndusInd Bank gets Rs 2,021 crore capital boost from promoters. The firm has received Rs 2,021 crore equity from the promoters after the conversion of preferential warrants into equity shares
Cairn CEO meets finance secy over tax ruling, says meeting 'constructive'. He refused to comment on what transpired at the meeting
RailTel IPO subscribed 42 times; firm heads for Rs 3,000 cr valuation. The institutional investor portion of the IPO was subscribed 65 times and the high-net-worth individual (HNI) portion was subscribed 73 times
Allegations of dodging laws have malicious intent: Amazon India chief. Amit Agarwal tells the employees that the company remains committed to its pledge to digitise 10 mn MSMEs, enable bn in exports and create incremental 1 mn jobs by 2025.
Flipkart, trade body tie up to enable small businesses to grow. The firm has signed a memorandum of understanding (MoU) with Tamil Nadu Micro, Small Medium Enterprises Trade and Investment Promotion Bureau
Wistron to resume production in next few days: Karnataka Minister. The factory at Narasapura in Kolar district had been shut since December 12 when about 4,000 employees vandalised the facility over wage-related issues
Ambuja Cements consolidated net rises 24% to Rs 732 cr in December quarter. 'Margin expanded by 410 bps during the quarter and 480 basis points for the full year backed by strong performance in price, volume and costs,' says CEO
Logistics firm Shiprocket raises Rs 200 crore in series C funding round. Investors included Silicon Valley based venture capital firm Tribe Capital
Work from home; collaborate in office: Indian IT industry marks change. Zoom calls may work for a few but can they replace a town-hall meeting: Executives are debating
Covid-19 pandemic: Plasma therapy gets thumbs down from expert panel. The absence of drugs to target the Sars-CoV-2 virus had triggered research on repurposed drugs, as well as biologics
Bharti Airtel buys Warburg Pincus' 20% stake in DTH arm for Rs 3,126 crore. Airtel, which is locked in a fierce competition with Reliance Jio in the telecom space, aims to align the ownership of its consumer-facing businesses, with the Warburg Pincus transaction
Top headlines: Sebi eases listing rules for large IPOs, Bitcoin hits record. A month into the Covid-19 immunisation drive, as many as 21 states and Union Territories (UTs) have not administered a single shot of Covaxin from Bharat Biotech. Read top news with Business Standard
Dish TV India, promoters settle cases of alleged disclosure lapses. Rs 45 lakh was paid as settlement charges
Airtel to buy back 20% stake in DTH arm from Warburg Pincus for Rs 3,126 cr. Bharti Airtel said it will issue about 36.5 million shares to a Warburg Pincus affiliate at Rs 600 per share, and up to Rs 1,038 cr in cash
Hyundai to invest 0 mn to build localised EVs for mass market in India. The company refuses to give a launch timeline, says it is in talks with battery makers and suppliers to localise a large portion of manufacturing in order to bring the cost down
Goal-setting co Ally.io raises mn from Greenoaks, Tiger Global, others. At a time when the pandemic has accelerated the adoption of technology among enterprises, Ally.io grew revenues by 3.3x.
SC asks TSIIC to pay Unitech Rs 165 cr in case related to township project. This comes as a relief to cash-strapped Unitech
RIL deal: Amazon urges NCLT not to allow Future Group shareholders meet. Amazon had last week filed the application before the Mumbai-bench of the NCLT
New 'Britain Meets India' report identifies 572 UK companies in India. The report, by Grant Thornton Bharat and Confederation of Indian Industry (CII), is the sister tracker of an annual 'India Meets Britain' tracker of Indian companies operating in the UK
Poonawalla group firm makes open offer to buy addl stake in Magma Fincorp. Adar Poonawalla-controlled Rising Sun Holdings Pvt Ltd along with two other individuals have made an open offer to buy an additional 26 per cent stake in non-banking financial company Magma Fincorp
OutSystems raises 0 mn investment, valuation rises to .5 billion. Tech firm OutSystems on Wednesday said it has raised USD 150 million (about Rs 1,092 crore) capital, co-led by Abdiel Capital and Tiger Global, valuing the company at USD 9.5 billion. The funding will be used to expand investments in its R&D and GTM (go-to
Visual technology firm Barco to make India its global innovation, R&D hub. Visual technology firm Barco on Wednesday said it is working to make India its global innovation hub. Barco India Managing Director Rajiv Bhalla announced setting up of the company's biggest global software research and development (R&D) centre in Noida sp
Industry cheers PLI for telcos; says new scheme to spur jobs, production. Industry body COAI lauded the move saying telecom is the backbone of a digitally-connected India and the initiative will further boost local manufacturing and create job opportunities
Luxury segment accounts for half of unsold houses: Lodha Developers. About 7 per cent was priced between Rs 3 crore and Rs 5 crore, 22 per cent priced between Rs 5 crore and Rs 8 crore, and 15 per cent above Rs 8 crore
Reliance Entertainment partners with Ribhu Dasgupta to form Film Hangar. Reliance Entertainment, with Film Hangar, has invested in creative leadership and put content-driven cinema right at the forefront
Twitter's battle with Indian govt gives boost to its local rival Koo. Koo, whose logo of a yellow chick bears a resemblance to Twitter's blue-and-white bird, was founded just a year ago and is a fraction the size of Twitter
Twitter testing upto 140-second long voice messages in DMs in India. According to the company, voice messages in DMs will make it easier for people to have conversations
Former KKR credit head Kapil Singhal joins True North's debt business. Singhal joined KKR in October 2019. He used to look after the Edelweiss Special Opportunities Fund before joining KKR India Financial Services
Adani Ports acquires Dighi Port, earmarks Rs 10,000 crore for new gateway. DPL, the 12th port to join APSEZ's string of economic gateways across the eastern and western coast of India will establish the company's footprint in Maharashtra, the largest contributor to GDP
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