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NSE share market NEWS tomorrow (29 February, 2024). NSE stocks in NEWS (tomorrow)

NSE share market NEWS tomorrow (29 February, 2024). NSE stocks in NEWS (tomorrow) These are NSE stocks which will be in NEWS tomorrow as on 29 February 2024

Apl Apollo was amongst the top gainers, currently trading at 1547.55 in NSE with 2.147 times change in volumes and 5.794% change in price. Other gainers included Kalyan Jewellers with 4.848% price change and 2.992 times volumes, Sona Blw with 4.321% price change and 4.035 times volumes, Mankind Pharma with 4.003% price change and 1.18 times volumes, and Union Bank with 3.869% price change and 5.083 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 793.35 in NSE with 4.781 times change in volumes and -6.835% change in price. Other losers included Rail Vikas with -5.695% price change and 2.844 times volumes, Prestige Estates with -5.069% price change and 6.582 times volumes, Apollo Hospitals with -4.098% price change and 2.876 times volumes, and Oil India with -3.632% price change and 1.19 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.

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'

Reliance Capital to be delisted from stock exchanges, shares drop 4.46%. RCL said that the National Company Law Tribunal in its approved resolution plan for the company is contemplating delisting of existing equity shares from the exchanges

Tata Capital plans to raise 0 mn in debut foreign funding next fiscal yr. "For overseas borrowings, we may also evaluate dollar bonds as there has been lot of interest by overseas investors in Indian corporates."

Tech Mahindra, Pegatron ink MoU to develop AI-enabled private 5G networks. The partnership will enable the two companies to find global prospects collaboratively, with Pegatron offering the 5G connectivity layer and Tech Mahindra delivering end-to-end 5G services

Air India Express looking to operate 40% more flights next fiscal. Low-cost carrier Air India Express is looking to operate 40 per cent more flights next fiscal on the back of fleet expansion, sources said on Wednesday. At the same time, the airline will focus more on consolidating on the domestic routes and will not be a

LTIMindtree joins IBM Quantum Network to explore quantum computing. With the initiative, LTIMindtree said it hoped to establish a series of long-term projects, including applied research toward business and societal problems

Bill Gates visits Microsoft's India Development Center in Hyderabad. Billionaire philanthropist and Microsoft co-founder Bill Gates visited the tech giant's India Development Center (IDC) in Hyderabad, the company said. Gates addressed some of India's brightest engineering minds at the IDC, Rajiv Kumar, Managing Director, M

Messe Stuttgart expects deals worth 0 million at LogiMAT India. Business deals worth USD 500 million (around Rs 4,148 crore) are expected to be sealed at the three-day international logistics fair international logistics fair, LogiMAT India 2024, which started on Wednesday, organiser Messe Stuttgart India said. The Lo

SpiceJet settles Rs 250 cr dispute with aircraft lessor Celestial Aviation. Both parties reached out to the National Company Law Tribunal (NCLT) last week, and now the matter will officially be withdrawn on March 1

PE firm KKR considers selling controlling stake in JB Pharma: Report. The US private equity firm is looking to hire financial advisers to help evaluate a sale of its 53.8% stake in the Mumbai-based company, the people said

Toyota gives no answer to union demands at second round of wage talks. Toyota has not decided yet when it will respond to the union's wage rise request, Takanori Azuma, the automaker's chief human resources officer, said on Wednesday

Reckitt's quarterly sales down after investigation into West Asia business. Some investors criticised the company's "vague" outlook for this year, as Reckitt shares slumped to their lowest point since March 2020, early in the COVID-19 pandemic

Bringing a plug-in-hybrid for India makes no sense for Skoda: Senior exec. Automakers have to be 'flexible and agile' to act according to customers' wishes and government regulations, says Martin Jahn

Swisscom confirms talks to buy Vodafone's Italian unit for 8 bn euros. Telecoms operator Swisscom confirmed on Wednesday it's in talks with Vodafone Group toward a possible purchase of its Italian subsidiary for 8 billion euros (USD 8.65 billion). The Swiss company, which is majority owned by the Swiss government, said in a s

LTIMindtree, IBM, IIT Madras team up for quantum computing research. LTIMindtree, a global technology consulting and digital solutions company, on Wednesday said it has joined the IBM Quantum Network to explore innovations in quantum computing. LTIMindtree will collaborate with the Indian Institute of Technology (IIT) Madra

Alcobrew Distilleries eyes higher exports with launch of single malt whisky. Exports are currently a small part of the company's revenue but the management expects it to gradually increase

Walmart launches Centre for Tech Excellence at IIT Madras for AI adoption. The idea is to leverage cutting-edge solutions in artificial intelligence (AI) and digitisation to enhance operational efficiency and profitability for MSMEs

Genso says it has approval for its flagship two-seater electric car. Vehicle approved by Automotive Research Association of India will have driver assistance feature

PE/VC exits surge 36% to .8 bn in 2023 amid declining investments. The infrastructure sector emerged as the leader, attracting .6 billion in investments in 2023, while traditional favorites such as financial services and technology witnessed a decline

Uday Shankar to be VC of merged Reliance-Disney media business: Report. Reliance and Disney are expected to make a formal announcement on Wednesday after signing a binding pact. Shankar is set to take a stake of around 9% in the new merged entity

Shadowfax raises 0 million from TPG NewQuest, Flipkart and others. It would use the funds to reinforce its middle-mile network and extend its last-mile delivery services to cover all 20,000 pincodes across India

Godrej Appliances expects 20% growth in AC, refrigerator sales this summer. Homegrown white goods major Godrej Appliances on Tuesday said it expects at least a 20 per cent growth in sales of air conditioners and refrigerators during the summer season. The city-based company is the fourth largest air conditioner brand with 0.7 mill

Logistics firm Shadowfax raises 0 million in TPG-led funding round. The company declined to disclose the valuation at which it raised the funds. It was last valued at 2 million, as of April 2022, per data from investment tracker Tracxn

Roche Pharma launches new drug for multiple sclerosis treatment in India. With the launch of the new drug, the global pharma company hopes to expand its neurology portfolio and cater to the untapped need of patients facing the disease in India

Companies expected to dole out 10% average salary hike this year: Survey. Companies in India are expected to dole out an average of 10 per cent salary increase this year, with automobile, manufacturing and engineering sectors anticipated to witness the highest hikes, says a survey. In 2023, the average salary hike was 9.5 per ce

Adani Green plans to raise 9 million US dollar bonds to repay loan. Adani Green Energy Ltd, the renewable energy arm of billionaire Gautam Adani's conglomerate, plans to raise USD 409 million through US dollar-denominated bonds to repay a debt obligation falling this year. In a regulatory filing, the company said the bond

Voda Idea plans to raise about Rs 45,000 crore through equity, debt. Vodafone Idea board on Tuesday approved a fund-raise of up to Rs 20,000 crore through a combination of equity and equity-linked instruments, the crisis-ridden telco said, adding promoters will also participate in the proposed equity raise. Overall, Vodafon

Not looking to acquire stake in Indian carriers: Malaysian carrier AirAsia. Budget airline flies to 14 Indian cities from Kuala Lumpur and Bangkok, plans to expand service in India

Kolkata-bound Spicejet flight from Delhi delayed 5 hrs due to hoax message. A Kolkata-bound Spicejet flight was delayed for more than five hours on Tuesday after the Delhi airport received a threat message about explosives being hidden in the passengers' luggage, official sources said. A woman carrying an infant has been detained

Skoda Auto India to drive in Brezza, Sonet rival in first half of 2025. Plans four EVs for India over next few years

Electric vehicles set to corner a third of Volvo Car India's 2024 sales. Volvo has also officially confirmed its plans to introduce two additional electric vehicles in the Indian market by 2025

SJVN commissions 100 MW Raghanesda solar power project in Gujarat. State-owned SJVN on Tuesday announced the commissioning of 100 MW Raghanesda solar power project located at Banaskantha district in Gujarat. The project, bagged at a tariff of Rs 2.64 per unit, has been commissioned through its subsidiary SJVN Green Energy

IOCL to relaunch tender to set up a green hydrogen production unit. The recently closed other big green H2 tender was by Solar Energy Corporation of India (SECI) under the aegis of the Union Ministry of New and Renewable Energy

Takeda injects hope: Dengue vaccine clinical trials set to begin in India. Biological E. will increase manufacturing capacity to up to 50 million doses a year, accelerating Takeda's plans to manufacture 100 million doses annually within the decade

Vodafone Idea plans to raise up to Rs 45,000 crore through equity, debt. Funds to be spent on 4G & 5G networks, capacity expansion

Nita Ambani likely to be chair of merged Reliance-Disney media business. The plans could change ahead of an official announcement. Reliance did not respond to a request for comment, while Disney declined to comment

'Scarred' and 'egregious': Global lessors frustrated by Go First case. Lombardi noted that the process of reclaiming planes has shown gradual improvement since the bankruptcy of Kingfisher Airlines, through Jet Airways' insolvency, and onward

Vedanta group's Hindustan Zinc forays into strategic mineral exploration. Vedanta group firm Hindustan Zinc on Tuesday announced the formation of new subsidiary Hindmetal Exploration Services Pvt Ltd. The development aims at the company's foray into strategic mineral exploration and diversification of its portfolio. "In line wit

Meeting with FM 'consultative' and 'positive': fintech, startup executives. The finance minister added that companies must ensure strict compliance and adherence with regulations

Entire country is taken for a ride: SC contempt notice to Patanjali on ads. Misleading ads banned, Centre told to list out steps against false claims

Edtech major Byju's, investors slug it out in NCLT over rights issue. NCLT has directed the parties to file written submissions of their contentions in three days. It has also issued notice to Ministry of Corporate Affairs (MCA) and Registrar of Companies (ROC)

Zee board expands scope of advisory panel to include probe assessment. Zee Entertainment Enterprises Ltd on Tuesday said its board has expanded the scope of independent advisory panel to include investigation assessment. The announcement by the company comes amid the ongoing probe by market regulator Sebi against its promoter

Bharat Highways InvIT collects Rs 826 cr from anchor investors ahead of IPO. Bharat Highways InvIT, an infrastructure investment trust, on Tuesday said it has collected Rs 826 crore from anchor investors a day before its Initial Public Offering (IPO). The InvIT has allotted 8.26 crore units to 37 funds at Rs 100 apiece, aggregating

Sion Investment exits CMS Info; ICICI Bank ups stake in ICICI Lombard. Private sector lender ICICI Bank on Tuesday hiked its stake in ICICI Lombard General Insurance by 1.42 per cent

Zee saga: Sony's spurned target shows pitfalls of tempting Indian M&A. To foreign investors, the Sony-Zee saga is a reminder of the need to approach Indian deals with an abundance of caution

Online travel firm Expedia to eliminate 1,500 jobs as its growth moderates. The company and its online travel peers such as Airbnb Inc. and Booking Holdings are contending with moderating travel growth

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