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NSE share market NEWS tomorrow (06 March, 2024). NSE stocks in NEWS (tomorrow)

NSE share market NEWS tomorrow (06 March, 2024). NSE stocks in NEWS (tomorrow) These are NSE stocks which will be in NEWS tomorrow as on 06 March 2024

Pidilite Industries was amongst the top gainers, currently trading at 2831.55 in NSE with 7.019 times change in volumes and 4.884% change in price. Other gainers included Icici Pru with 4.181% price change and 1.569 times volumes, Max Healthcare with 4.055% price change and 0.471 times volumes, Varun Beverages with 3.936% price change and 0.664 times volumes, and Oracle Financial with 3.501% price change and 3.091 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.

Iifl Holdings was amongst the top losers, currently trading at 382.20 in NSE with 16.905 times change in volumes and -20% change in price. Other losers included Solar Industries with -6.982% price change and 0.949 times volumes, Manappuram Finance with -6.656% price change and 0.544 times volumes, Indraprastha Gas with -6.204% price change and 2.765 times volumes, and Aditya Birla with -5.755% price change and 3.797 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.

Govt to sell up to 7% stake in coal miner NLC India this week: Report. Government is selling over 9.7 crore shares at a floor price of Rs 212 apiece. If fully subscribed, including the green shoe option, the share sale would fetch about Rs 2,000 crore to the exchequer

NCLAT green lights sale of Jet planes to Ace Aviation, JKC approaches SC. Ace approached the National Company Law Appellate Tribunal (NCLAT) two weeks ago seeking to expedite the sale of three aircraft in Mumbai in the same case

Fairfax India agrees to give IIFL Finance up to 0 mn liquidity support. NBFC's stock falls another 20% after RBI bars it from disbursing gold loans

Exide Industries further invests Rs 40 cr in advanced chemistry battery arm. Battery maker Exide Industries Ltd on Wednesday said it has further invested nearly Rs 40 crore in its wholly-owned arm advanced chemistry battery cells manufacturer Exide Energy Solutions Ltd. The investment of Rs 39,99,99,975 has been made by way of subs

Jupiter Wagons secures manufacturing order worth Rs 957 crore from Railways. Jupiter Wagons on Wednesday said it has secured an order of about Rs 957 crore from the Railways for the manufacture and supply of 2,237 wagons. The offer letter has been received from the Ministry of Railways, the wagon manufacturer said in an exchange fi

85% of Paytm wallet users unaffected, rest to link apps to banks: RBI Guv. As many as 80-85 per cent Paytm wallet users will not face any disruption because of regulatory actions, and the remaining users have been advised to link their apps to other banks, RBI Governor Shaktikanta Das said on Wednesday. The Reserve Bank of India

CCI can impose fines based on companies' global turnover under new norms. Fair trade regulator Competition Commission can now impose penalties on companies based on their global turnover for violations, with the government notifying the amended competition norms. Till now, the Competition Commission of India (CCI) has been decid

UP govt still considering Jaypee infra resolution plan: Yeida tells NCLAT. Yeida had approved all five conditions of Suraksha Group's resolution plan to take over stuck realty projects of Jaypee Infratech

Use of Adobe GenAI tools in marketing boosted productivity, says IBM. IBM said it was using Adobe's tools, which can generate images from text-based prompts, to help with marketing campaigns

Samara, Amazon-backed More Retail stake sale gets lukewarm response. The joint venture was looking to raise funds at bn valuation

Haier aims to become 2nd largest appliance maker in India: NS Satish. The company expects the AC, TV, and washing machine categories to grow ahead of the refrigerator segment

IOC to become first Indian firm to manufacture fuel for Formula 1 cars. Indian Oil Corporation Ltd (IOC) - the nation's top oil firm - will in three months start manufacturing fuel used in adrenaline-pumping Formula One or F1, motor racing as it looks to expand its basket of niche fuels. IOC, which already has three branded fu

Sumitomo Wiring divests 4.4% stake in Samvardhana Motherson for Rs 3,633 cr. Japan's Sumitomo Wiring Systems on Wednesday divested a 4.4 per cent stake in Samvardhana Motherson International Ltd for Rs 3,633 crore through open market transactions. Sumitomo Wiring Systems (SWS) is one of the promoter entities in Samvardhana Motherso

Moody's affirms 'Ba3' rating to Tata Motors, positive outlook post demerger. Rating agency Moody's on Wednesday said it has affirmed Tata Motors' Ba3 corporate family rating while maintaining a positive outlook on all ratings. Concurrently, Moody's has also affirmed Tata Motors Ltd's (TML) Ba3 senior unsecured instrument ratings, M

CCI clears Ring Plus Aqua's 59% stake buy in Maini Precision Products. Fair trade regulator CCI on Wednesday said it has granted approval to Ring Plus Aqua Ltd's proposed acquisition of a 59.25 per cent stake in Maini Precision Products Ltd. Maini Precision Products Ltd (MPPL) is engaged in the manufacturing of precision prod

China's Antfin offloads 2.1% of Zomato stake worth 1.5 million. The stake sale comes amid tensions between Beijing and New Delhi over issues ranging from border disputes to India's increasing scrutiny of Chinese businesses and investment

Non-availability of pilots impact flight operations of Vistara: Report. Flight operations of Vistara were impacted at Delhi and Mumbai airports, mainly due to the non-availability of pilots, according to industry sources. Some flights were cancelled and many were delayed at the two airports on Wednesday, they said. Specific de

United Spirits gets Rs 4.47 cr tax demand from Maharashtra authorities. The state tax authority has demanded Rs 1.21 crore as MVAT, including a penalty of Rs 1 lakh, and Rs 3.26 crore as CST

Nexgen Energia to invest Rs 3,000 cr to set up CBG plant in Gujarat. Sustainable energy solutions company Nexgen Energia on Wednesday said it will invest around Rs 3,000 crore to set up a compressed biogas (CBG) plant in Gujarat. The company presented a proposal for its investments in the state during a meeting with Gujarat

Glenn Saldanha announced resignation as chairman of Glenmark Life Sciences. Glenmark Life Sciences Ltd on Wednesday said its Chairman Glenn Saldanha and non-executive director VS Mani have resigned following change in ownership of the company. Independent director Sridhar Gorthi has also tendered resignation, along with Saldanha

Manish Prasad appointed president and MD for SAP Indian Subcontinent. Prasad succeeds Kulmeet Bawa, who takes on a global role for SAP

Paytm's UPI transactions drop in February amid regulatory challenges. Overall UPI volumes of Paytm witnessed a marginal dip to 12.1 billion transactions compared to 12.2 billion transactions in January

Godrej Properties buys plots with Rs 20K cr revenue potential this fiscal. To expand business amid strong housing demand, realty firm Godrej Properties Ltd has acquired multiple land parcels so far this fiscal that have the potential to generate revenue of around Rs 20,000 crore. Godrej Properties has surpassed the guidance for t

Google, Walmart gain fintech users from India as Paytm faces restrictions. Paytm's decline suggests consumers are moving usage to alternative services even before any disruption to its systems

Accenture invests bn in learning platform, to buy edtech firm Udacity. Udacity's team of more than 230 professionals will join Accenture LearnVantage

Identity platform IDfy secures million, plans to further Asia footprint. IDfy said the funds will boost their expansion plans and product development, enabling them to serve even more businesses

Why PVR INOX MD Ajay Bijli thinks leading a 3D life is the key to wellness. Make time for that forgotten hobby, advises Bijli, who revived his 1980s-style rock band during the pandemic

Adani Group in discussions to offer .2 billion more bonds by June. The company is discussing the planned transaction with arrangers and bankers

Chargesheet filed against Chinese-origin directors in crypto mining case. A charge-sheet has been filed under the anti-money laundering law against 299 entities, including 10 persons of Chinese origin, in an investigation linked to alleged duping of investors in the name of mining cryptocurrencies such as Bitcoins, the Enforceme

With growing economy, Siemens has high hopes from Indian biz, says exec. Rebellius, head of Siemens' Smart Infrastructure business, said India was a priority for future investments as it upgrades its electric grid and invests in renewable energy

MCA notifies Competition Act provision to levy penalty on global turnover. Competition Commission expected to soon publish guidelines on methodology for computing penalties

Nasscom to bring 15 top-tier tech startups delegation to UAE next week. India's National Association of Software and Service Companies (NASSCOM) will bring a delegation of 15 top-tier start-ups to participate in a Pitching and Networking Session for the Start-Ups in the UAE next week. The delegation would participate in the ex

India Inc likely to see an average salary hike of 9.6% in 2024: EY report. The highest salary hikes are expected to be seen in e-commerce (10.9%), financial services (10.1%), and professional services and real estate (10% each)

Identity security firm IDfy raises mn for business expansion. Company's products help in employee background verification, risk and fraud mitigation

'Mahindra Finance aims to nearly double non-vehicle loan book in FY25'. Currently, non-vehicle finance comprises 5%-6% of the company's loan book. The target will be met in phases and may not exceed 10% in 2024-25, Iyer said

Manoj Chacko's Fly 91 gets air operator permit, routes under UDAN scheme. Goa-based regional airline FLY91 on Wednesday received the Air Operator Certificate (AOC) from aviation regulator DGCA. The carrier has now completed all the compliance requirements and will start commercial operations soon, it said in a release. FLY91 rec

Vi deploys network to improve connectivity across Kolkata underwater metro. Telecom operator Vodafone Idea (Vi) on Wednesday said it has completed the deployment of network infrastructure across the East-West Metro corridor route of Kolkata's recently-inaugurated Underwater Metro Rail Service. Vi has deployed network infrastructur

How Ageas Federal Life Insurance MD & CEO stays mentally, physically fit. I don't think there is anything called work-life balance; it is only work-life integration, says Vignesh Shahane

Bajaj Allianz General Insurance MD & CEO on why he tries to smile a lot. Smiles are a mood-lifter, says Tapan Singhel, whose wellness matra includes not leaving tasks pending

FSSAI verifies McDonald's India uses 100% real cheese: Westlife Foodworld. FSSAI said in a release that the verification confirms after its assertion that it uses 100 per cent real cheese and not its substitute

Godrej Properties buys Rs 506 cr land in Noida for Rs 3k cr housing project. Realty firm Godrej Properties Ltd has bought 6.46-acre land in Noida for around Rs 500 crore to develop a housing project with an estimated revenue of Rs 3,000 crore, as part of its expansion plan to tap rising demand. In a regulatory filing on Tuesday, th

HPCL to start Rajasthan refinery by end-December using mostly Mideast oil. The state-run company expects the refinery to reach full capacity in about a year's time, Bharatan told Reuters in an interview

Air India restarts flights from Delhi to Tel Aviv after five months. Air India has restarted flights from the national capital to Tel Aviv after suspending the services for nearly five months due to tensions in the wake of the Israeli city coming under attack by Hamas militants. The Tata group-owned carrier recommenced the

Ex-LIC chief MR Kumar joins Bank of India as non-executive chairman. Bank of India on Tuesday announced the appointment of MR Kumar, former chairman of LIC, as the non-executive chairman and Rajiv Mishra as an executive director. Kumar, a science graduate from the University of Madras, also serves on the board of Ambuja Cem

Google to temporarily restore apps after meeting Ashwini Vaishnaw. The app developers and Google representatives have also agreed to establish a forum to facilitate ongoing dialogue aimed at reaching a resolution within the next 100-120 days, Khanor informed

Adani Power receives creditors' approval for Lanco Amarkantak Power buy. The thermal power producer is planning to aggressively expand its capacity, and this is the company's second acquisition under the insolvency resolution process in the financial year

NHPC to set up 1,200 MW solar project in UP at Rs 797 cr investment. State-owned NHPC expects to complete the proposed 1,200 MW solar power project entailing an investment of Rs 796.96 crore in Uttar Pradesh in two years, the company said on Tuesday. Prime Minister Narendra Modi on Monday laid the foundation stone of the so

Higher rated companies have larger proportion of women on board: Moody's. Moody's Investors Service on Tuesday said higher-rated companies have a larger proportion of women on their boards than lower-rated companies. An analysis of 3,138 Moody's-rated companies showed that women account for an average of 29 per cent of the board

British conglomerate SayeNvest launches ops in India, to start 0 mn fund. The company aims to provide investment opportunities and drive sustainable development initiatives across diverse sectors

L&T Tech, Intel partner to develop AI solutions for traffic management. Global tech firm L&T Technology Services on Tuesday said it will partner with American technology firm Intel Corporation to develop AI solutions for enhancing traffic management and emergency safety measures in smart cities and transportation sectors. LTTS

GE Healthcare plans to launch 40 new products across the spectrum. The med-tech firm also collaborated with the Medanta group of hospitals to launch Tele-ICU services in India as Medanta e-ICU project

Indian women earned over Rs 200 crore in 2023 through hosting on Airbnb. Indian women hosts collectively earned over Rs 200 crore through hosting on Airbnb in 2023, the online accommodation hosting platform said on Tuesday. In 2023, women Hosts in India, constituting nearly 30 per cent of the country's Airbnb hosting community,

BHEL bags order worth Rs 9,500 cr to set up 1,600 MW thermal project. State-owned Bharat Heavy Electricals Ltd (BHEL) on Tuesday said it has bagged an order from power giant NTPC to set up a 1,600 MW Singrauli thermal power project (Stage-II). The size of the order is more than Rs 9,500 crore, excluding GST (goods and servic

HCLT's GenAI model to transform software development, engineering lifecycle. Global technology firm HCL Tech on Tuesday said its generative AI platform AI Force will transform the software development and engineering lifecycle with greater quality and productivity. The patented GenAI (generative artificial intelligence) platform is

Byju's investors file caveats in SC expecting challenge to NCLT's order. MIH Edtech Investments BV, Peak XV Partners Investments, Sofina SA and General Atlantic Singapore TL Pte Ltd filed separate caveats in SC as a precautionary move

Aiming to retain pole position in premium EV segment, says BYD India. The company, which entered the Indian market in 2022, currently sells two electric cars in India -- Atto 3 and e6, a multi-utility vehicle. Seal is the company's third offering

Tata Sons listing: Tata Group stocks rally on hopes of value unlock. Automobile Corporation of Goa (ACG) gained the most at 14 per cent followed by Tata Chemicals and Tata Investment Corporation (TIC) at around 5 per cent each

I-T dept gives institutions time till Mar 31 to file correct audit reports. The income tax department on Tuesday allowed trusts and institutions, which filed audit reports for the assessment year 2023-24 in incorrect forms, to file documents in correct forms by March 31. Income of any fund or institution or trust or any university

Adani Green Energy's 9-million bond sale oversubscribed 7 times. This transaction represents the first bond deal for Adani Group since September 2021 and follows the successful equity raise of over .4 billion, which was completed in December last year

Tata Sons can fetch Rs 7.8 trillion market valuation on listing: Report. A little-known equity market research firm has pegged Rs 7.8 lakh crore valuation for the Tata group's NBFC holding company Tata Sons on listing going by the current market cap of the group firms. Being an upper-layer non-banking finance company, Tata Sons

Kedaara Capital, Partners Group sell 12.6% stake in Aavas Financiers. Kedaara Capital and Partners Group, promoters of Aavas Financiers, on Tuesday divested 12.6 per cent in the housing finance company for Rs 1,369 crore through open market transactions. Private equity firm Kedaara Capital through its affiliate Lake District

JSW Energy arm signs purchase agreement for battery energy storage. JSW Energy on Tuesday said its arm JSW Renew Energy Five has inked a battery energy storage purchase agreement (BESPA) for the first 250 MW/500 MWh standalone battery energy storage system. An energy storage system of 250 MW/500 MW means 250 MW of battery

'Companies can be isles of inclusion, have people of all castes, religion'. Godrej Consumer Products chairperson Nisaba Godrej on Tuesday pitched for India Inc to be an "isles of inclusion" by having more representative workforces. Speaking at a special event organized by the Godrej Group in the run-up to International Women's Day

Kotak Life Insurance launches non-linked par product Kotak G.A.I.N. Private sector life insurer Kotak Life Insurance on Tuesday launched a non-linked participating product Kotak G.A.I.N which offers long-term saving or income

General Motors, Magna, Wipro team up for automotive software marketplace. The joint venture, SDVerse, will link the buyers and sellers through a digital platform, where the software's features and attributes can be listed

Reliance-Disney merger likely to capture 50% of India's streaming market. Last month, Reliance agreed to acquire Disney's India business, creating an .5 billion media giant ranging from film and television production to news and sports content.

Cash-strapped SpiceJet resolves Rs 93 cr dispute with Cross Ocean Partners. SpiceJet further stands to benefit from the 'transfer of airframe and an engine at no additional cost, augmenting its operational capabilities'

Taking steps to meet RBI's concern: IIFL Fin after ban on giving gold loans. Company has enough liquidity and there is no governance at play, says NBFC's managing director

Boeing, AIESL to jointly boost aircraft maintenance training activities. Aircraft maker Boeing and AI Engineering Services Ltd (AIESL) will collaborate to enhance aircraft training activities in India. As part of the collaboration, Boeing will provide training materials, aids, and instructor support to help ensure the standardi

Tata Sons may fetch valuation up to billion in IPO, says Spark. Based on a peak valuation of billion, even a 5% stake in the company would still be worth more than Life Insurance Corp of India's .7 billion IPO in 2022

Expect India to be 3rd largest market among 118 countries: Mercedes-Benz. German carmaker Mercedes-Benz expects India to become its third biggest market in its 'Region Overseas' over the next 2-3 years with demand anticipated to remain strong for luxury products, according to a senior company executive. The Region Overseas for M

Air India, Vistara merger receives Singapore's conditional approval. Singapore's flagship carrier announced its plan to merge Vistara and Air India in November 2022, in a bid to create a dominant full-service airline in the domestic and international markets

Fake cheese row: FSSAI verifies McDonald's India uses 100% real cheese. Westlife Foodworld recently came under fire after one of its outlets reportedly used substitutes in place of real cheese in burgers and nuggets at an outlet in Maharashtra

Paytm can overcome setbacks to lead in Asian markets: Founder Sharma. Despite the setbacks, Sharma said he values the role regulators play in creating a healthy environment for startups in India

Strides Pharma receives USFDA approval for neurology medication Gabapentin. Gabapentin is widely used in managing neuropathic pain associated with diabetic neuropathy, postherpetic neuralgia, and central pain

Expect India to be third largest market among 118 nations: Mercedes-Benz. The company also plans to tap smaller cities as it looks to establish sales outlets in 10 new locations ranging from Jammu to Kottayam to scale operations, Sardien stated

Adani Green operationlises additional 448 MW solar projects at Khavda. Adani Green Energy subsidiary Adani Green Energy Twenty Four B has operationalised an additional 448.95 MW solar power projects at Khavda in Gujarat. Together with earlier intimation dated February 14, 2024, an aggregate of 1,000 MW of solar power projects

How Shriram General Insurance Co's MD & CEO stays mentally, physically fit. From technology detox to meditation and deep breathing, Anil Aggarwal incorporates wellness into his daily routine

What's Tata AIG General Insurance MD & CEO Neelesh Garg's wellness mantra. Garg avoids excessive screen time and turns to outdoor activities

India sugar crop woes create opportunity for Dubai's Al Khaleej refinery. Al Ghurair said India had stopped exporting because of bad weather and this had created more demand, at least temporarily

Blackstone's giant real estate arm wants to double warehouses in India. Blackstone's real estate trust for wealthy individuals just resumed allowing customers to pull money without constraints after limiting withdrawals for about 15 months to avoid forced selling

Gensol Group's Matrix Gas & Renewables raises Rs 350 cr in pre-IPO round. Funding will help expand gas aggregation business and buy city gas distribution assets, says firm

BYD plans to cover 90% of India's EV market in 2024, to target major towns. Chinese electric vehicle maker BYD plans to cover 90 per cent of the EV market in India by the end of the year as it strengthens leadership position in EVs priced above Rs 30 lakh category, a senior company official said on Tuesday. BYD India, which launch

CIEL Group acquires strategic stake in Courseplay, eyes IPO in FY25. Serving over a million employees globally, Courseplay is reshaping skill-based employee development for market leaders across diverse sectors

Paytm PB failed to use mechanism for detecting suspicious transactions: FIU. Paytm Payments Bank failed to put in place an internal mechanism to "detect and report" suspicious transactions as stipulated under the anti-money laundering law and was unsuccessful in conducting due diligence of its payout service, the FIU said in its or

Big Basket aims to turn profitable in 8 months, eyes for IPO in 2025. The Tata group-owned online grocer Big Basket is eyeing to come out with an initial public offering in 2025 after turning profitable, a top official said on Tuesday. The Bengaluru-based company, a part of Tata Digital, will turn profitable in another 6-8 m

RBI bars JM Financial Products from financing against shares, debentures. "This action is necessitated due to certain serious deficiencies observed in respect of loans sanctioned by company for IPO financing as well as NCD subscriptions," RBI said

B2B platform Udaan sees sale of over 2.25 billion products in 2023. About 1500 Sellers Achieve Business Transactions Worth Rs 1 Crore on Udaan

Byju's Florida hedge fund ally may face jail time over missing 3 million. Lenders accuse Morton of helping Indian tech firm Think & Learn hide 3 million from them

Kalpataru Projects International to lay 800 kms gas pipeline for Aramco. Kalpataru Projects International on Tuesday said it has secured an order from Saudi Arabia's energy major Aramco for laying 800 kilometres of gas pipeline. Kalpataru Projects International Ltd (KPIL) has received the letter of intent (LoI) from Aramco for

Infibeam Avenues gets RBI's authorisation for payment aggregator licence. The company said that after receiving the in-principle approval from the RBI to operate as a payment aggregator in October 2022, the company received the final authorisation on March 4

Ather Energy picks HSBC, JPMorgan, Nomura, Indian banks to arrange its IPO. Tarun Mehta and Swapnil Jain founded Ather in 2013 after graduating from the Indian Institute of Technology Madras

Julius Baer Group fills several key roles amid India wealth surge. Abhishek Chandra, formerly a senior executive vice president at Kotak Mahindra Bank, has joined as chief operating officer of the Swiss firm's Indian unit, the bank said in a statement Monday

Disclosure in US court counters narrative by four investors, says Byju's. Byju's said this counters the fake narrative by four investors at the National Company Law Tribunal (NCLT) that the amount was siphoned off

Apeejay Surrendra Park Hotels Q3 net profit rises 46 pc to Rs 27.42 cr. Apeejay Surrendra Park Hotels Ltd on Monday reported a 46 per cent rise in consolidated net profit to Rs 27.42 crore in the third quarter ended December 31, 2023. The company had posted a consolidated net profit of Rs 18.77 crore in the same quarter last f

NTPC Green, UP Rajya Vidyut to jointly develop renewable energy projects. NTPC Green Energy Limited has signed a joint venture agreement with Uttar Pradesh Rajya Vidyut Utpadan Nigam Limited to develop renewable power parks and projects in Uttar Pradesh. The renewable energy (RE) power generated from the proposed joint venture c

Tata Consumer to continue growing portfolio in pantry platforms and liquids. Krishnakumar added that when it looks at categories within foods it tries to see if those are the categories it wants to operate in

Ananya Birla's Svatantra to get Rs 1,930 cr capital from Advent, Multiples. Private equity majors Advent International and Multiples on Monday committed to invest Rs 1,930 crore in Ananya Birla-promoted microlender Svatantra Microfin for an undisclosed stake. Birla, the daughter of billionaire Kumar Mangalam Birla, will continue t

Indian startups ask CCI to order Google to restore apps after 'brazen' move. Startup executives on Monday met India's deputy IT minister Rajeev Chandrasekhar who told them he was concerned by the removal of the apps

Ministers meet Google, app developers to resolve offloading from Play Store. Government ministers on Monday held multiple meetings with Google and startups that have been delisted from the tech giant's Play store, but no solution seems to be on the horizon with Indian companies accusing the US giant of abusing its dominant position

Latest stock market News for tomorrow Access previous news reports: 442443444445446447448449450451452453454455456457458459460

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