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NSE share market NEWS tomorrow (27 February, 2024). NSE stocks in NEWS (tomorrow)

NSE share market NEWS tomorrow (27 February, 2024). NSE stocks in NEWS (tomorrow) These are NSE stocks which will be in NEWS tomorrow as on 27 February 2024

Bse was amongst the top gainers, currently trading at 2396.10 in NSE with 3.652 times change in volumes and 5.141% change in price. Other gainers included Icici Lombard with 4.617% price change and 11.008 times volumes, Sona Blw with 3.614% price change and 1.603 times volumes, Pb Fintech with 3.331% price change and 0.419 times volumes, and Havells India with 3.167% price change and 7.885 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.

Idea Cellular was amongst the top losers, currently trading at 15.85 in NSE with 1.146 times change in volumes and -5.935% change in price. Other losers included Adani Energy with -4.544% price change and 0.361 times volumes, Shriram Finance with -4.537% price change and 3.425 times volumes, Varun Beverages with -4.508% price change and 1.958 times volumes, and Nmdc with -4.214% price change and 1.389 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.

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

Here's how Centre is gearing up BSNL to compete with private telecom peers. The measures include network upgradation, employee cost rationalisation and a proposal to provide more value-added services

94% of Indian companies to reskill employees due to impact of AI: LinkedIn. The LinkedIn report also highlights that 48 per cent of India's hiring managers are providing career progression opportunities to their existing employees

NCLT approves Hinduja firm IndusInd's resolution plan for Reliance Capital. The National Company Law Tribunal on Tuesday approved Hinduja Group firm IndusInd International Holdings' Rs 9,650-crore resolution plan for Reliance Capital. The Mumbai bench of the NCLT approved the plan submitted by IIHL (IndusInd International Holding

With Microsoft's support, this French co is gearing up to challenge OpenAI. Mistral has announced a partnership with Microsoft, just like OpenAI and has also launched its own LLM

Jana Small Finance Bank gets RBI nod to re-appoint Ajay Kanwal as MD & CEO. On February 14, Bengaluru-based Jana Small Finance Bank was listed at a 4 per cent discount of its initial public offering price

Sunil Chemmankotil to step down as CEO of TeamLease Digital Pvt Ltd. Neeti Sharma would be the new CEO of TeamLease Digital with effect from March 26

Zydus Lifesciences' Rs 600 crore buyback offer to open on Feb 29. Zydus Lifesciences on Tuesday said its offer to buy back 59.7 lakh shares at Rs 1,005 apiece, aggregating to Rs 600 crore, will open on February 29. The share repurchase programme will close on March 6, 2024, the drug firm said in a regulatory filing. The

India to have largest R&D presence outside US by 2025: Bristol Myers CEO. Bristol Myers also operates a research and development centre in Bengaluru in partnership with the Biocon Group's Syngene International

Zoho launches PoS solution called Zakya for small, medium enterprises. Digital service priced at Rs 649 per month helps in inventory management, omnichannel sales and other back-office tasks

Zydus Lifesciences announces share buyback of Rs 600 cr; to open on Feb 29. The buyback will open on February 29 and the share repurchase programme will close on March 6, 2024

Adani Green Energy to raise 9 million via US dollar-denominated bonds. Since then, most of the group's foreign bonds are back above the levels they traded at before the Hindenburg report, giving the company comfort to look at a fresh issue of dollar bonds

Volkswagen Group's Skoda eyes larger share in India with new small SUV. Volkswagen and Skoda, which form the bulk of sales for the Volkswagen Group, have a 2.2% market share in India

Corporate affairs ministry probing Chinese cos linked to mobile loan apps. The corporate affairs ministry is probing various Chinese companies, especially those with links to loan apps, for alleged violations and some of the investigations are at an advanced stage, according to a senior official. In recent times, Indian authoriti

'Sitting with eyes closed': SC rebukes Centre over misleading Patanjali ads. The Supreme Court had warned Patanjali Ayurved against disseminating 'false' and 'misleading' claims in its advertisements

Puma expects weaker first half due to 'challenging' market conditions. Sportswear companies including Adidas, Nike, and Puma, have seen demand weaken as customers battling with inflation cut spending on non-essential goods

FM Sitharaman confident of India Inc aligning to nation's development goals. Finance Minister Nirmala Sitharaman on Tuesday exuded confidence that India Inc will align itself to the developmental goals of the nation with an objective of making the country a developed nation or 'Viksit Bharat' by 2047 on the 100th anniversary of ind

Startups are the backbone of new India, it's our time under the sun: Goyal. Goyal said that the event will be a platform to showcase India's success stories built over the last decade. It would also showcase to the world that "India has today emerged as a global leader"

CCI proposes changes in confidentiality regime for efficient proceedings. CCI's proposed amendments to the confidentiality regime aim to streamline the processes and enable timely disposal

Maruti Suzuki, Union Bank of India partner for dealer financing solutions. Maruti Suzuki India on Tuesday said it has inked an initial pact with Union Bank of India for dealer financing solutions. The tie-up enhances the comprehensive inventory funding options for over 4,000 Maruti Suzuki sales outlets across the country, the aut

Happiest Minds Technologies creates new vertical-led organisation structure. 'The potential of this new structure is immense and will be the bedrock of new growth engines, enabling us to compete better in the global markets and realize our vision of reaching bn in revenues'

MCX and JFX sign MoU for knowledge sharing and regional development. The partnership will contribute to the advancement of both marketplaces through the sharing of knowledge, best practices, and education and facilitate market development in their respective regions

Paytm likely to partner with four banks for enabling UPI transactions. The central bank has asked Paytm Payments Bank, the banking unit of Paytm to wind down its business by March 15, leading to disruption for the popular payment app

Adani Group unveils defence complex, 2 million investment plan. The plans highlight the ports-to-power conglomerate's ambitions in the lucrative defence sector where manufacturing is largely dominated by government-owned companies

Blume Ventures invests million in edtech firm Interview Kickstart. This is Blume Ventures' largest opening investment to date and is a clear vote of confidence in Interview Kickstart's vision, market leadership, and demonstrated profitable growth, the company said

Paytm likely to partner with four banks for enabling UPI transactions. The central bank has asked Paytm Payments Bank, the banking unit of Paytm to wind down its business by March 15, leading to disruption for the popular payment app

No country other than India has better prospects for future: Maruti Suzuki. There is no other country in the world better placed than India in terms of future growth, Maruti Suzuki India Chairman RC Bhargava said on Monday. Speaking at an event here, the veteran industry leader noted that the country needs to get rid of the old ba

Canara Bank board approves 5-for-1 stock split to increase affordability. The lender would need two months to get an approval for the stock split from the Reserve Bank of India, it said in an exchange filing

Providence Health bulks up India services unit to tap more clients. The facility, which currently employs around 1,400 people, plans to partner with more hospital operators and, with it, increase its headcount to 3,500 next year, CEO Rod Hochman told Reuters

Private capex in India poised for take off: Mahindra Group CEO Shah. Private capex in India is poised to take off with the country's "amazingly strong" growth so far, led by government spending, set to attract investments, Mahindra Group CEO and Managing Director Anish Shah said on Monday. The current lower demand from rura

Cipla receives approval from drug regulator CDSCO for UTI drug. Plazomicin is a new intravenous (IV) aminoglycoside that has demonstrated efficacy and safety in clinical trials compared to meropenem (antibacterial agent)

CBI court convicts Bank of Baroda manager after 27 years of chargesheet. A special CBI court in Mumbai has convicted a manager of the Bank of Baroda in two separate cases after 27 years of charge sheet for causing a total loss of over Rs 15 crore to the bank, officials said on Monday. The CBI had charge-sheeted Ramchandra Shrid

NTPC crosses 100 million tonne coal production mark from captive mines. State-owned NTPC on Monday said it has crossed 100 million tonne (MT) coal production mark from its captive mines. The milestone was achieved on February 25, 2024, NTPC said in a statement. "Coal mining subsidiary NTPC Mining Ltd (NML) has produced 100.04

Food delivery company Swiggy changes registered name ahead of IPO. Swiggy is planning to file its draft red herring prospectus with the Securities and Exchange Board of India for its IPO in the next couple of days, aiming for an billion IPO valuation target

Vijay Shekhar Sharma steps down as chairman of Paytm Payments Bank. The Reserve Bank has barred the PPBL from accepting deposits and credits from any customer post-March 15 for persistent non-compliances and continued material supervisory concerns in the bank

'Leap forward in self-reliance': Adani Defence unveils ammo, missile sites. The inauguration coincided with the fifth anniversary of Operation Bandar, the Indian Air Force (IAF) bomb strikes on a terrorist camp inside Pakistani territory

Citigroup hires JPMorgan's Viswas Raghavan as head of banking, exec VC. Raghavan, who is expected to start at the bank in summer, will also join the firm's executive management team and report directly to Fraser, Citigroup said in an internal memo Monday

Chipmaker Broadcom sells remote-access unit to PE firm KKR in bn deal. The end-user computing (EUC) unit will become a standalone company and will continue to be run by its existing management team led by Shankar Iyer, KKR said in a statement on Monday

TVS Motor buys Killwatt shares worth Rs 35 cr to hike stake to 49%. TVS Motor Company on Monday said its Singapore-based arm has increased stake in the Germany-based electric mobility products and components start-up Killwatt GmbH to 49 per cent with the acquisition of an additional 8,000 equity shares for 4 million euros

Amazon Pay gets final approval from RBI to operate as payment aggregator. The company added that the authorisation from the banking regulator would enable it to strengthen its distribution channels

Diversity in India's ecosystem aids Razorpay's global forays, says CFO. The company eyes Indonesia, Vietnam, and the Philippines for expansion into South East Asia

Vijay Shekhar Sharma steps down from Paytm Payments Bank board amid crisis. The development comes weeks after the Reserve Bank of India (RBI) imposed severe restrictions on the payments bank's operations

Whirlpool accelerates debt reduction as interest rates stay high: Report. Whirlpool raised 0 million in the US investment-grade bond market on Feb. 22 to refinance a 2024 maturity

Vedanta coupon payment on 4 million bond booked With 7 days delay. As part of the agreement, Vedanta paid investors million up front for bond due in August 2024 and extended the maturity of the remaining 4 million in principal

Uber way behind Ola in India: Bhavish Aggarwal responds to Khosrowshahi. Responding to comments made by Uber's global CEO in an interview, Aggarwal said Ola's revenues were 3 times those of Uber in FY23

Reached settlement with Celestial Aviation, formalities remain: SpiceJet. SpiceJet informs NCLT of near resolution in dispute with aircraft lessor Celestial Aviation requested an adjournment to finalise the settlement process

MobiKwik' Pocket UPI' to allow wallet payments without linking to bank. This latest feature is aimed at creating more security and flexibility during transactions by mitigating risks associated with direct bank transfers

Scindia to inaugurate Jindal Stainless' 1st green hydrogen plant on Feb 27. Union Minister Jyotiraditya M Scindia will on Tuesday inaugurate the stainless steel industry's first green hydrogen project set up by Jindal Stainless Ltd (JSL). The Union Steel Minister will virtually inaugurate the company's green hydrogen project, acco

Adani Dharavi project's biz units to get SGST refund post redevelopment. Business units in Dharavi will be able to enjoy a slew of benefits, including State GST refunds, once the redevelopment of the financial capital's largest slum is complete. The Dharavi Redevelopment Project (DRP), a joint venture between Adani Group and th

Airtel to offer under-river 5G connectivity for Kolkata metro commuters. Telecom major Bharti Airtel on Monday said it will provide under-river tunnel 5G connectivity to metro commuters in Kolkata by deploying high-capacity nodes 35 metres below river Hooghly. According to a company statement, this will make Airtel the first op

Flipkart launches fourth grocery fulfilment centre in West Bengal. E-commerce major Flipkart on Monday announced the launch of its fourth grocery fulfilment centre in West Bengal. The fulfilment centre in Malda, around 340 km from Kolkata, is spread over 1.13 lakh square feet with a dispatch capacity of over 1 lakh units

M&A deal value in India declines 27% to 6 billion in 2023: Deloitte. M&A deal value in India fell 27 per cent in 2023 to USD 136 billion but the deals market is expected to remain steady in the current year, Deloitte India said in a report on Monday. "Amidst significant global challenges posed by high-interest rates, macroe

Volvo Car India restructures management team headed by Jyoti Malhotra. Volvo Car India on Monday said it has restructured its management team headed by Jyoti Malhotra through both internal role changes as well as external talent acquisition. The exercise carried out over the past few months is aimed to secure long-term strate

Suffered mild stroke around six weeks ago, says Zerodha's Nithin Kamath. Zerodha Co-Founder and CEO Nithin Kamath on Monday disclosed that he suffered a "mild stroke" six weeks ago. "Around 6 weeks ago, I had a mild stroke out of the blue. Dad passing away, poor sleep, exhaustion, dehydration, and overworking out -- any of thes

Ericsson deploys 100,000 Massive MIMO 5G radios for Bharti Airtel. Swedish telecom company Ericsson on Monday said that it has deployed 1,00,000 massive MIMO 5G radios for Bharti Airtel across its 12 circles. In a regulatory filing, Airtel said that it has deployed energy-efficient Ericsson radio system products and solut

SBL Energy raises Rs 325 crore equity funding from Synergy Capital, others. Raipur-based SBL Energy -- a mining/industrial explosives manufacturer -- on Monday said it has raised Rs 325 crore of growth capital from Synergy Capital, India SME Investments and a few others. The company said it will deploy the funds to expand its manu

YES Bank to boost lending to mid-sized cos to improve return on assets: CEO. Yes Bank's return on assets - which is the ratio of how profitable a company is compared with its total assets - was at 0.2% for the October-December quarter

Indus Appstore crosses 100,000 downloads in three days of its launch. The rapid adoption of the Indus Appstore, particularly as a side-loaded application, which requires users to download it directly from the Indus Appstore website

Ultra-supercritical tech to power NTPC Lara plant in Chhattisgarh. The unit will be powered with ultra-super critical technology, with an efficiency of 1 per cent more at 41.5 per cent than current supercritical technology of 40.5 per cent

TVS launches TVS HLX 150F to mark best-selling model's milestone sales. Automaker TVS Motor Company on Monday announced that its best-selling TVS HLX line of two-wheelers has crossed the milestone of 3.5 million units in sales in international markets, and that it is launching the TVS HLX 150F, with added features, to mark the

Cost concerns could delay AI ramp up among IT clients: Infosys exec. While some companies may not be ready for AI scale-up due to reasons such as not being data-ready, the technology is being adopted rapidly by others for the higher opportunity it provides, he said

Govt may look at enhanced KYC requirements for certain class of corporates. The government might look at enhancing the scrutiny of certain class of corporates, including in terms of KYC requirements, as efforts continue to weed out unscrupulous elements and curb possible misdoings, according to a senior official. The matters relat

Welspun Living expects its revenue from Indian market to triple by 2026-27. Share of Welspun Living's retail and emerging businesses, including flooring and advanced textiles, in its total revenue is also expected to go up by FY27

Matter 'practically settled' with Celestial Aviation: SpiceJet to NCLT. Counsel for Celestial told the tribunal that while they have received payments, the airline missed certain agreed-on deadlines for payment

Allcargo Supply Chain to add 3 mn sq ft of warehousing space in 2-3 yrs. Allcargo Group's logistics arm Allcargo Supply Chain Private Limited (ASPL) on Monday said it aims to add a 3 million square feet of warehousing space in the next two-three years as part of its expansion plan. Currently operating with 6 million sq ft of sp

Wipro, Nokia partner to provide 5G private wireless corporate solutions. IT services firm Wipro on Monday said it has partnered with Finnish telecom and IT company Nokia to deliver private wireless solutions to enterprises. Through this solution, enterprises will be able to create an integrated private environment that they can

No ammonia emission in Ennore plant area in Dec: Coromandel International. An expert who conducted the audit stated that the chances of line pressurisation beyond the design condition are not a credible scenario

Wipro and Nokia launch private 5G wireless solutions for enterprises. The joint solution will initially be made available to customers in the manufacturing, energy, utilities, transportation, and sports entertainment industries

PhonePe's Indus Appstore surpasses 100,000 downloads in 3 days of launch. Indus Appstore -- the new Android-based made-in-India app store that is pitted against the might of Google's Play Store -- has surpassed 100,000 downloads in just three days of launch, according to a release on Monday. App developers, tech enthusiasts, and

Bristol Myers Squibb opens innovation hub worth 0 million in Hyderabad. "The state-of-the-art site will expand the company's global drug development and IT & digital capabilities and is expected to be home to over 1,500 employees," the company said in its release

Pfizer, Niper collaborate to support healthcare startups in India. The Pfizer INDovation initiative, which has supported 34 startups in India till now, is now expanding its reach through this collaboration with NIPER Ahmedabad

MCA calls for speeding up edtech company Byju's inspection report. The ed-tech company's financial disclosures had also come under the Institute of Chartered Accountants of India's (ICAI) scanner because of a 22-month delay in the submission of its financial reports

Mahindra Holidays to invest Rs 4,500 cr to double room capacity to 10,000. Mahindra Holidays & Resorts India Ltd (MHRIL) plans to invest up to Rs 4,500 crore in the next three to four years to double its room capacity to 10,000, according to company Managing Director and CEO, Kavinder Singh. The company is actively pursuing partn

VinFast kicks off Tamil Nadu unit construction, seeks cut in import duty. The project aims to evolve into a first-class electric vehicle production hub in the region, with an annual capacity of up to 150,000 units

Eco Hotels and Resorts eyes over 2,000 rooms under its ops by March 2025. Eco Hotels and Resorts is targeting more than 2,000 hotel rooms under its operations by March 2025. Earlier this month, the company inked an initial pact with Vitizen Hotels Ltd (VHL) to acquire a 100 per cent stake of VITS in the VHL. With this acquisitio

LIC Housing Finance hopes to earn Rs 5,000 cr profit in FY24: CEO. LIC Housing Finance, the mortgage arm of insurance behemoth LIC, is expecting a net profit of Rs 5,000 crore in the current financial year on the back of robust loan demand and expansion in non-core business. The non-core business includes Loan Against Pr

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