NSE share market NEWS tomorrow (01 March, 2024). NSE stocks in NEWS (tomorrow)
NSE share market NEWS tomorrow (01 March, 2024). NSE stocks in NEWS (tomorrow) These are NSE stocks which will be in NEWS tomorrow as on 01 March 2024
Steel Authority was amongst the top gainers, currently trading at 133.00 in NSE with 2.899 times change in volumes and 9.736% change in price. Other gainers included Oil India with 7.794% price change and 2.102 times volumes, Tata Steel with 6.461% price change and 3.836 times volumes, Tube Invest with 6.457% price change and 0.762 times volumes, and Jindal Steel with 6.003% price change and 2.101 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.
Max Healthcare was amongst the top losers, currently trading at 736.75 in NSE with 1.693 times change in volumes and -7.134% change in price. Other losers included Pb Fintech with -4.082% price change and 0.88 times volumes, Icici Lombard with -3.967% price change and 0.493 times volumes, Dr Reddy with -3.591% price change and 0.522 times volumes, and Inox Wind with -2.953% price change and 0.277 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.
IPO-bound Ola Electric clocks highest registration of 35,000 units in Feb. In December last year, the company became the first EV 2W manufacturer to record 30,000 registrations in a month
Warner Music extends its partnership with Tips Industries for 4 more years. Global record label Warner Music and Indian music firm Tips Industry on Friday announced the extension of their partnership for four more years. After having a partnership for more than three years -- which allowed the New York-based firm to exclusively di
Healthtech unicorn Pristyn Care lays off 120 employees, eyes profitability. This is the second time the firm has laid off employees. Pristyn had, in March last year, reportedly laid off 45 employees due to poor performance
FIU imposes Rs 5.49 cr penalty on Paytm PB for money laundering violations. Financial Intelligence Unit-India (FIU-IND) has imposed a Rs 5.49 crore penalty on Paytm Payments Bank for violating anti-money laundering rules, the Finance Ministry said on Friday. FIU-IND initiated a review of Paytm Payments Bank on receipt of specific
Torrent Power gets new round-the clock RE project worth Rs 2,700 cr. Torrent Power on Friday said it has received a Letter of Award (LoA) from the Railway Energy Management Company Ltd (REMCL) for a grid-connected round the clock renewable power project. The project shall be commissioned within 24 months from the signing of
Naukri to 99acres: Google starts removing Indian apps as fees row escalates. Indian startups have for years been protesting against many of the US giant's practices, including its in-app fee charges
PepsiCo rolls out new globe logo in India as part of rebranding exercise. Global beverages major Pepsi on Friday rolled out its new logo worldwide as part of its rebranding exercise. This is the first visual identity change by Pepsi in the last 14 years, according to a statement by the American beverage major. As part of this, t
Go First resolution professional not able to maintain aircraft: Delhi HC. The court warned the RP that it may issue him a notice in the contempt petition if a consensus is not reached on the issue
Chalet Hotels acquires Marriott property Courtyard for Rs 315 crore. The resort, which came up in July 2022, reported an average daily rate of Rs 13,500 till December 2023 with an occupancy rate of 44 per cent, the company added
FIU imposes Rs 5.49 cr penalty on Paytm Payments Bank for PMLA violations. After scrutiny of documents, FIU had issued a compliance Show Cause Notice to the bank for its violations of PML rules, including Know Your Customer
American beverage giant PepsiCo launches new globe logo worldwide. In India, the company unleashed the new globe logo at the Gateway of India, Mumbai with a digital artwork
Delhi court orders Bloomberg to remove 'defamatory' article against Zee. The article mentioned details pertaining to the corporate governance and business operations of Zee, which were inaccurate in nature and led to a 15 per cent drop in the share price of the company
Edtech major upGrad appoints Venkatesh Tarakkad as chief financial officer. Tarakkad will be responsible for overseeing upGrad's domestic and global financial strategies
Apis Partners sells shares of insurance firm Star Health for Rs 553 crore. Private equity firm Apis Partners on Friday sold shares of health insurer Star Health and Allied Insurance Company for Rs 553 crore through an open market transaction. London-based Apis Partners through its affiliate Apis Growth 6 Ltd disposed of shares of
Chimetech Holding divests 1% stake in Delhivery worth Rs 360 crore. Chimetech Holding on Friday divested 1 per cent stake in logistics and supply chain firm Delhivery for Rs 360 crore through an open market transaction. According to the bulk deal data available with the National Stock Exchange (NSE), Chimetech Holding Ltd
Torrent Power bids successfully to supply 388 MU power under govt scheme. Torrent Power has emerged as the successful bidder to supply 388 million units (MU) of electricity from its gas-based plant under a government scheme from March 16, 2024, to June 30, 2024, the company said on Friday. It has been awarded a contract by NTPC
Corrosion leads to losses worth 0 billion annually In India: JSL MD. India faces estimated losses of USD 100 billion every year due to corrosion in projects across sectors, industry player Jindal Stainless Ltd (JSL) said on Friday. The losses can be reduced by up to 25 per cent by implementation of corrosion management prac
CG Power to form JV with 2 foreign entities for OSAT facility in India. Murugappa Group company CG Power and Industrial Solutions has signed an agreement with two foreign entities to set up an Outsourced Semiconductor Assembly and Test facility and plans to invest Rs 7,600 core in India over five years. The two entities are Re
JSW Steel, Italy govt sign agreement to relaunch Piombino steel hub. Apart from doubling the current rail-making capacity from 300,000 tonnes to 600,000 tonnes per annum, the investments at Piombino are aimed at making the rail mill more efficient
Tech, cricket big wins for billionaire Ambani in Disney-Reliance tie-up. Reliance's JioCinema is largely free and doesn't disclose user numbers, having started a premium paid offering just last year
Paytm discontinues inter-company agreements with its payments bank. Paytm, formally known as One 97 Communications, did not specify what agreements were being terminated
Adani group to source copper concentrates from Peru, Chile, Australia. Kutch Copper Ltd (KCL), a subsidiary of Adani Enterprises Ltd, expects to start its operations in the next few weeks
Disney faces charges of up to .4 billion due to Star India's removal. The impairment charges stem from the merger agreement between Walt Disney and RIL aimed at creating an .5-billion media entity by combining Star India and Viacom18
Welspun secures Rs 4,123 crore order from BMC for water treatment plant. The water treatment plant will be located at BMC's Bhandup Complex, which currently supplies drinking water to Mumbai City through existing Water Treatment Plants
RBI clears appointment of S Ravindran as part-time chairman of TMB. The approval is subject to Ravindran, stepping down from his directorships in Shriram Finance and Bandhan AMC, prior to assuming charge
Adani Energy in early talks for up to 0 million dollar bond issue. "The deal will materialise in the next three months and we are seeing strong interest from US insurance companies and pension funds," the company source said
Google to act against 10 Indian developers for not paying service fee. '10 companies, including many well-established ones, have chosen to not pay for the immense value they receive on Google Play,' Google said in a blog post
Zara is reopening its shops in this country after a two-year hiatus. Several companies shut their doors in Ukraine as well as Russia two years ago but many of them are now returning
Mahindra & Mahindra wholesales increase 24% to 72,923 units in February. Mahindra & Mahindra on Friday said its total sales increased 24 per cent to 72,923 units in February. The company's total dispatches to its dealers stood at 58,801 units in February 2023. The Mumbai-based auto major's passenger vehicle sales in the domesti
CG Power JV to invest Rs 7600 cr in Gujarat semiconductor facility. Facility will be financed through a mix of subsidies, equity and potential bank borrowings
Asics expects India to be its fastest-growing market in Southeast Asia. The Japanese sporting goods company Asics is aiming to double its number of stores and open its first exclusive store in the country in the country by 2026
Future Generali India Life Insurance appoints Alok Rungta as MD & CEO. Industry veteran has 'deep understanding of diverse markets', says company
Vedanta Aluminum set to achieve 30% women employee ratio by FY25: CEO. Vedanta Aluminium has said it is on course to achieve the goal of having 30 per cent women employees among its workforce by the end of next financial year, much ahead of the timeline of 2030 set by the company. The total headcount of Vedanta Aluminum is ov
Royal Enfield wholesales increase 6% in February, exports rise 13%. Motorcycle maker Royal Enfield on Friday reported a 6 per cent year-on-year increase in wholesales to 75,935 units in February. The company, a part of Eicher Motors, had dispatched 71,544 units in the same month last year. Domestic sales were at 67,922 uni
Google removes some India matrimony apps, execs calls move 'dark day'. The dispute centres on efforts by some Indian startups to stop Google from imposing a fee of 11% to 26% on in-app payments
Tata Motors reports 8% wholesales increase in February at 86,406 units. Tata Motors on Friday reported an 8 per cent rise in its total wholesales to 86,406 units in February as compared with 79,705 units in the same month last year. The total domestic sales stood at 84,834 units last month against 78,006 units last month, a gr
CapitaLand India Trust acquires IT-SEZ project in Pune for Rs 773 crore. The acquisition is part of a forward purchase arrangement with Nalanda Shelter Private Limited that was announced on 14 June 2019
Servotech Power gets Rs 111 cr EV charger supply order from Indian oil. Green charging solutions provider Servotech Power Systems Ltd on Friday said it has bagged a Rs 111-crore order from Indian Oil Corporation and other original equipment manufacturers (OEMs) for the supply of 1,400 DC fast chargers. The company will manufac
IAMAI advises Google not to delist any apps from its Play Store in India. Earlier today, Google began removing the apps of 10 companies in India over service fee payments, including some popular matrimony apps like Bharat Matrimony
Google warns 10 Indian apps of delisting for 'not following' billing policy. Small group of developers cannot get 'differential treatment', says tech giant in blog post
Maruti Suzuki's total sales rise 15% to 197,471 units in February. Maruti Suzuki India on Friday said it has reported a 15 per cent year-on-year increase in total wholesales at 1,97,471 units in February. The company had dispatched a total of 1,72,321 units in the same month last year, Maruti Suzuki India Ltd (MSIL) said
Coal India output rises 11% to 685 mn tonnes during Apr-Feb FY24. State-owned Coal India Ltd on Friday reported a 10.5 per cent rise in production at 685.1 million tonnes (MT) during the April-February period of the ongoing fiscal. The public sector coal producer had registered an output of 619.7 MT in the year-ago perio
Paytm discontinues inter-company ties with payments bank amid RBI scrutiny. Paytm founder Vijay Shekhar Sharma owns 51 per cent of Paytm Payments Bank whereas the remaining 49 per cent is owned by One97 Communications Ltd (OCL)
TVS Motor Company sales increase by 33% to 368,424 units in February. TVS Motor Company on Friday said its wholesales rose 33 per cent year-on-year to 3,68,424 units in February. The company had dispatched 2,76,150 units in February 2023. Total two-wheeler sales registered a growth of 34 per cent to 3,57,810 units last month
Viacom-Star merger will reduce bargaining power: Advertising industry. The merger of the Indian media business of Walt Disney with Reliance Industries' Viacom18 will create a "significant dominant player", which might reduce the bargaining power for media buying agencies, the country's advertising industry has said. The Rs 70
Supreme Court junks Vedanta plea for copper plant reopening in Tamil Nadu. The plant has been closed since May 2018 after 13 people were killed as police opened fire to quell a protest over alleged pollution caused by it
Tata Sons likely to raise Rs 55,000 crore through IPO, says report. Tata Sons is classified as an 'upper-layer' NBFC by the Reserve Bank of India, and as per the regulator's norms, the Tata group's firm has to be listed on the stock exchanges by Sept 2025
Adani Energy Solutions aims to raise about 0 mn via oversees bonds. The group's ability to raise funds offshore has been under close scrutiny since the 2023 crisis triggered by shortseller Hindenburg Research's allegations of malfeasance
International Game Technology to merge two units with Everi in .2 bn deal. IGT shareholders are expected to own about 54% of the combined company, with the rest going to Everi stockholders
Adani Group's Ebitda sees increase of 34% at Rs 79,000 crore in 2023. Adani Group on Thursday said pre-tax profit or EBITDA of its portfolio companies that span from apples to airports soared 34 per cent to Rs 79,000 crore in the 12-month period ended December 2023 - 2.5x of EBITDA in financial year 2021. EBITDA of Rs 78,823
Advent PE begins merger process of Suven Pharma and Cohance Lifesciences. The merged platform will have mid-30s EBITDA margins, 30 per cent Return on Capital Employed (RoCE) and stable cash flow generation over FY20-23, the statement said
Biocon Biologics signs agreement with Janssen Biotech for psoriasis drug. Biocon said that the U.S. FDA has accepted the Biologics License Application (BLA) for Bmab 1200 (bUstekinumab) for review under the 351(k) pathway
Govt launches Bharat Startup Ecosystem Registry to create database. The government on Thursday said it has launched a platform, Bharat Startup Ecosystem Registry, to create a comprehensive database with details about all the startup ecosystem stakeholders under one roof across different categories. Commerce and Industry Mi
Indian market too big to ignore: Beauty and make-up brand Laura Mercier. The brand first entered the Indian market last year and started selling online through the beauty and personal care marketplace, Tira
Must acquire three Jet Airways planes in six months, says Ace Aviation. "Needless to say if we missed our conversion slots we would have to pay penalties and could potentially lose our slots altogether," Koish said
Beauty retailers report high demand for prestige and premium segments. Beauty retailers report high demand for prestige and premium segments
SoftBank arm SVF India pares 2.17% stake in One 97 Communications. SoftBank arm SVF India Holdings has trimmed its holding in One 97 Communications by 2.17 per cent through the sale of 13.7 million shares in the open market over the past almost one month, according to a statutory filing on Thursday. With this, SoftBank af
Pidilite appoints Sudhanshu Vats as MD designate, Bharat Puri to step down. Leading adhesive and construction chemicals manufacturer Pidilite Industries on Thursday announced the appointment of Sudhanshu Vats as Managing Director designate. Incumbent Bharat Puri will step down in April next year after the completion of his tenure
JSW Steel floats subsidiary for production of hot, cold-rolled steel item. JSW Steel on Thursday announced incorporating a wholly-owned arm JSW Green Steel Ltd for the manufacture of hot-rolled and cold-rolled steel products. The arm was incorporated on February 27 in Mumbai and is yet to commence its business operations, JSW Ste
Tata JLR aims to generate over a third of its own power globally by 2030. The company said work would start this year on the automaker's first three UK solar projects in Gaydon, Halewood and Wolverhampton, which should be completed by the end of 2026
Behind Apple's doomed car project: False starts and wrong turns. Throughout its existence, the car effort was scrapped and rebooted several times, shedding hundreds of workers along the way
Reliance-Disney merger draws Nita Ambani back to business spotlight. Her decision to take the role is a strong signal "that this (media) business is close to the family's heart," said a person familiar with Disney-Reliance deal talks
Shapoorji Pallonji eyes Rs 500 cr revenue from 180 luxury units in B'luru. Shapoorji Pallonji Real Estate on Thursday launched more than 180 luxury homes in Bengaluru with a revenue potential of around Rs 500 crore. In a statement, the company said it has launched 'Sequoia', the last tower at its project Parkwest 2.0 in Binnypet,
Bharti Enterprises plans exit from Del Monte Foods joint venture in India. Del Monte Foods has remained a small venture and is unable to compete with larger packaged foods businesses, said an executive of Bharti Enterprises
Bharti Enterprises plans exit from Del Monte Foods joint venture in India. Del Monte Foods has remained a small venture and is unable to compete with larger packaged foods businesses, said an executive of Bharti Enterprises
Suzlon bags 30 MW wind project from EDF Renewables, to install 10 WTGs. Renewable energy solutions provider Suzlon on Thursday said it has bagged an order for a 30 MW wind power energy project from EDF Renewables. As part of the order, Suzlon will install 10 Wind Turbine Generators (WTGs) with a Hybrid Lattice Tubular (HLT) to
Sony withdraws agreement to merge India operations with Zee from NCLT. While the court filings officially bring the curtain down on the long-drawn saga that was beset by delays, drama over who'll lead the merged entity and a regulatory probe on Zee's founders
SoftBank Group sells another 2% stake in crisis-hit Paytm to under 3%. The Japanese conglomerate held a 17.5% stake in Paytm in September 2022. Since then, it has trimmed its ownership through multiple open market deals
Burger Singh says website defaced by Pakistani hackers; restored now. Home-grown quick service restaurant chain Burger Singh on Thursday said Pakistani hackers defaced the company's website, which has now been restored. The company took to social media with a tinge of humour to inform its customers about the cyberattack that
Air India fined Rs 30 lakh over man's death after wheelchair unavailability. The man, in his 80s, died on February 12 after collapsing when he decided to walk after being told by Air India that the waiting time for the wheelchair was long due to heavy demand
NPST bags online dispute resolution solution contract from DCB Bank. Banking and payment services provider NPST on Thursday announced that it has secured a contract for an Online Dispute Resolution (ODR) solution from DCB Bank. Private sector lender DCB Bank will implement NPST's ODR to streamline customer complaint address
Amazon offers night shift work opportunities to women at Haryana centre. Amazon India on Thursday announced the launch of Women in Night Shifts (WINS) at one of its large sort centres in Haryana. In addition to Amazon's existing initiatives, WINS is designed to provide a safe and supportive work environment for women, ensuring
Zepto launches loyalty programme offering free delivery, discounts. Quick commerce firm's plan is expected to get one million users in a month
Swan Energy raises Rs 3,000 cr via QIP of shares priced at Rs 670 apiece. Swan Energy on Thursday said it has raised Rs 3,000 crore from qualified institutional placement of shares which were priced at Rs 670 apiece. The issue got interest from qualified institutional investors including Quant Mutual Fund, SBI Life, LIC, LIC Mut
REC to issue deep-discount bonds to raise Rs 5,000 crore in March. The state-run financier plans to raise the money through 10-year, deep-discount bonds and the issue is likely to see strong investor demand, the sources said
OnlyFans paid billion to its creators since launch in 2016: CEO Blair. OnlyFans is an online content creation platform with about 3.1 million creators. The website takes one-fifth of the payments generated on it and paid about .6 billion to its creators in 2022
SC dismisses Vedanta's plea against closure of copper plant in Thoothukudi. The Supreme Court on Thursday dismissed a Vedanta group's plea against the closure of its copper smelting plant in Tamil Nadu's Thoothukudi. The plant has been closed since May 2018 after 13 people were killed as police opened fire to quell a protest over
DGCA fines Air India Rs 30 lakh over failure to provide wheelchair. The 80-year-old passenger died of heart attack after he walked from plane to the terminal in Mumbai airport
Cognizant asks India employees to work from office for three days in a week. Around 254,000 of Cognizant's 347,700 employees are based in India, making it the firm's largest employee base, according to its annual report
Air India detects cabin lighting issue in B777 planes' economy class. Air India has found a technical issue in its leased Boeing 777-200 planes that has resulted in economy class cabin lighting remaining in the bright mode and the airline has decided to provide eye masks for the passengers of the aircraft. The Tata Group-own
Lighthouse invests Rs 284 crore in silver jewellery brand Kushal's. Private equity platform Lighthouse on Wednesday said it has invested Rs 284 crore in fashion and silver jewellery brand Kushal's. The money raised will be deployed for brand building, hiring people, technology and also scaling up the retail presence. The i
CtrlS to invest Rs 4,000 crore in Chennai data center park, across phases. The company is expected to create about 500 direct jobs and over 9,000 indirect jobs
Tata Group firm Agratas to build UK's biggest EV battery plant in Somerset. Agratas, Tata Group's global battery business, on Wednesday confirmed that it will build Britain's biggest electric vehicle battery manufacturing facility in Somerset, south-west England. The so-called gigafactory, announced last year, will be built on the
Reliance, Disney sign .5 bn deal to form JV, to merge media ops in India. Reliance, led by Asia's richest man Mukesh Ambani, will inject .4 billion in the merged entity, with the company and its affiliates holding a more than 63% stake
Torrent Power raises Rs 700 crore through non-convertible debentures. Torrent Power on Wednesday said it has raised Rs 700 crore through Non-Convertible Debentures (NCDs) issued on a private placement basis. The NCDs are proposed to be listed on wholesale debt market segment of the NSE, a regulatory filing said. According to
PepsiCo India looking to capture bigger share of potato-based chips market. The potato chips market is valued at Rs 9,000 crore, with PepsiCo's Lay's brand as the dominant player
Sunil Bharti Mittal conferred honorary knighthood by King Charles III. Mittal is the first Indian citizen to be awarded the Knight Commander of the Most Excellent Order of the British Empire (KBE) under King Charles III
Reliance Consumer to bring Sri Lankan beverage Elephant House to India. With this tie-up, RCP adds another brand to its beverage portfolio. It already has brands such as Campa, Sosyo and Raskik
Google hit with .3 bn lawsuit by 32 media groups including Axel Springer. Google last year said it disagreed with EU antitrust charges against its ad tech business where it is involved in both the buy-side as well as the sell-side of the supply chain
CIL to hold 51% stake in Rs 11,700 crore coal-to-chemical JV with BHEL. Coal India Limited (CIL) on Wednesday said it will hold a 51 per cent stake in the joint venture with Bharat Heavy Electricals Limited (BHEL) for the coal-to-chemicals project in Odisha. "To form a JV company to undertake coal-to-chemicals business by init
Vedanta eyes bn Ebitda in FY25, reiterates guidance on profit targets. Mining conglomerate Vedanta Group is eyeing USD 6 billion of pre-tax profits in the next financial year and scaling it to USD 7-7.5 billion in the following year on the back of operational efficiencies across businesses. "The building blocks are already in
NCLT asks Byju's to keep funds via rights issue in escrow account. NCLT has also directed Byju's to consider the extension of the closure date of the rights issue
SpiceJet settles mn dispute with Celestial Aviation outside tribunal. SpiceJet had announced on February 22 that it had raised a second tranche of Rs 316 crore under the preferential issue of equity and warrants
Reliance, Disney form joint venture to merge TV, OTT business in India. RIL to invest .4 bn in JV; Nita Ambani named chairperson, Uday Shankar vice-chairperson
Media firm Dailyhunt in advanced talks to acquire India's X alternative Koo. The deal could be finalised 'within weeks' and involves a share-swap agreement, a report released on Wednesday suggested
Adani holds Singapore meeting for first dollar bond since Hindenburg crisis. An executive arrived at an office tower overlooking the city state's Marina Bay in a black van on Wednesday, the first stop on a tour of international financial hubs to win over buyers
Skoda Auto plans to enter mass market of electric vehicles segment in India. Czech carmaker Skoda Auto plans to enter the mass market of electric vehicles segment in India, for which it is exploring all options, including partnerships with local companies for economies of scale, company's management board member Martin Jahn said o
Kedaara set to raise raising .7 billion for India's biggest PE fund. About 80% of the fund will come from backers of Kedaara's previous funds and 20% will come from new ones that include US- based Cleveland Clinic and the University of Minnesota
Eli Lilly expects to launch obesity drug in India next year, says CEO. The global market for these treatments is expected to reach at least 0 billion by the end of the decade, according to analyst estimates
Pakistani hackers attack Burger Singh website; company responds with humour. The Indian fast-food chain drew the hacker group's attention when it released a politically charged promo code, 'FPAK20'
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