NSE share market NEWS tomorrow (26 February, 2024). NSE stocks in NEWS (tomorrow)
NSE share market NEWS tomorrow (26 February, 2024). NSE stocks in NEWS (tomorrow) These are NSE stocks which will be in NEWS tomorrow as on 26 February 2024
Adani Energy was amongst the top gainers, currently trading at 1176.15 in NSE with 2.928 times change in volumes and 8.722% change in price. Other gainers included Pb Fintech with 7.21% price change and 2.063 times volumes, 360 One with 6.637% price change and 8.216 times volumes, Bharat Dynamics with 5.539% price change and 2.15 times volumes, and One 97 with 4.991% price change and 1.07 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.
Alkem Laboratories was amongst the top losers, currently trading at 5061.85 in NSE with 17.863 times change in volumes and -6.628% change in price. Other losers included Tata Technologies with -5.325% price change and 2.927 times volumes, Ireda 8 with -4.986% price change and 0.499 times volumes, Idea Cellular with -3.989% price change and 0.361 times volumes, and Asian Paints with -3.935% price change and 2.135 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.
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
Zydus Lifesciences gets WHO nod for API used in kala-azar treatment. More than 1 billion people live in areas endemic for leishmaniasis or Kala Azar and are at risk of infection
DLF to launch properties worth Rs 80k cr in 4 yrs to encash surge in demand. Realty major DLF plans to launch properties worth nearly Rs 80,000 crore over the next 3-4 years to tap rising demand for housing and commercial projects. DLF, the country's largest real estate firm in terms of market cap, sold properties worth Rs 15,000 c
IOC, Gail and ONGC fined for failure to appoint directors on their board. Listing norms require companies to have independent directors in the same proportion as executive or functional directors. They are also required to have at least one woman director on the board
Number of M&A deals in India falls 10% to 793 in 2023, says PwC report. However, the total disclosed deal value for M&A declined much steeper at 38 per cent during the year, according to the report titled 'Deals at a glance'
Disney, RIL sign binding pact to merge media operations in India: Report. Disney owns a minority stake in broadcast service provider, Tata Play Ltd., which Reliance may consider acquiring, according to local news reports
Paytm issue may be reviewed, scrutiny on Byju's progressing well: ICAI. Amid the unfolding Paytm Payments Bank Ltd crisis, Institute of Chartered Accountants of India President Ranjeet Kumar Agarwal on Sunday said its financial reporting review board (FRRB) may deliberate on issues of the fintech firm in the near future. The F
FEMA case: ED summons Hiranandani Group promoters for questioning on Monday. The Enforcement Directorate has summoned Niranjan Hiranandani and his son Darshan Hiranandani, the promoters of prominent Mumbai-based real estate developer Hiranandani Group, for questioning in a foreign exchange violation case on February 26, official so
Skipper secures order worth Rs 737 crore from Power Grid Corporation. Skipper Limited, leading manufacturers for power transmission and distribution structures, on Sunday said it has secured an order worth Rs 737 crore from Power Grid Corporation of India Limited (PGCIL) for design, supply and construction of a cutting-edge
Xiaomi launches new AI-enhanced, photo-geared 14 Series smartphone. Xiaomi last year was placed third globally for share of the smartphone market, accounting for 12.5% of global shipments, behind leader Apple at 20.1% and Samsung in second with 19.4% market share
Health-tech startup Neodocs aims to do 100 million tests in 3 years. The company employs diagnostic lab principles through a smartphone application and a test card
Yet to delve deep to identify issue with firm: Paytm's advisory panel chief. An advisory committee, set up by Paytm owner One97 Communications after the Reserve Bank's action on its payments bank business, is yet to have a deeper engagement with the company to identify any issue, head of the panel and former chairman of Sebi M Damo
Go First gets 2 financial bids as part of its bankruptcy process: Bankers. The airline has also received a financial bid from Sharjah-based Sky One Airways which is lower than the competing bid, one of the bankers said, without disclosing the amount
FDA revokes licence of McDonald's store after action over cheese. The Maharashtra Food and Drug Administration (FDA) has revoked the licence of a McDonald's outlet in the state's Ahmednagar district after taking action against it over cheese, an official said on Saturday. The eatery belonging to the fast food giant had f
Digital nagriks not to be experimented with unreliable models: MoS IT. Union Minister Rajeev Chandrasekhar on Saturday made it clear to Google that explanations about unreliability of AI models do not absolve or exempt platforms from laws, and warned that India's digital 'nagriks' "are not to be experimented on" with unreliab
Adani hints at collaborations with Uber after meeting CEO Khosrowshahi. Billionaire Gautam Adani on Saturday met Uber CEO Dara Khosrowshahi, who is currently on a visit to India, and hinted at possible future collaborations between his conglomerate and the ride-hailing app. Taking to X, both business leaders appreciated their
Continue to remain CEO; rumours of my firing inaccurate: Byju Raveendran. A day after investors of the troubled edtech firm Byju's voted for a leadership change, Byju Raveendran has penned a note to employees saying he continues to remain CEO and the management remains unchanged, as he dubbed Friday's EGM as a "farce". The note
Will continue as CEO of Byju's, EGM a farce: Raveendran tells employees. Raveendran also told employees that he is not taking any of the investor allegations lying down and will challenge these illegal and prejudicial actions, according to a letter sent to the staff
Engaging with competent authorities, use only genuine cheese: McDonald's. Fast food major McDonald's franchise for west and south India on Friday said it is engaging with the "competent authorities" amid reports of Maharashtra Food and Drug Administration taking action against it for using cheese substitutes in its products. Har
Byju's EGM: Shareholders vote to remove CEO Raveendran and his family. More than 60 per cent of shareholders of edutech Byju's on Friday voted for removal of founder CEO Byju Raveendran and his family over alleged "mismanagement and failures" at what was once India's hottest tech startup, but the company dug in its heels, cal
Tata Housing sells residential plots worth Rs 650 crore in Bengaluru. Realty firm Tata Housing has sold plots worth Rs 650 crore in its recently launched residential project in Bengaluru. In a statement, the company on Friday said it has sold all inventories in the first phase of its project, Raagam, achieving revenue of ove
Mukesh Ambani's Jio Financial Services market cap tops Rs 2 trillion. Market players expect Jio Financial, which also operates a payments bank and voice box, and other fintech players to benefit as Paytm will struggle to retain its merchants and customers
Delhi HC warns Oppo: Pay pending royalties or face potential sales ban. The court ordered that the trial should be completed by the end of this year or else Oppo will be liable to pay an additional sum
Fintech major Razorpay's latest offerings: PoS device, marketing stack. The Bengaluru-based fintech firm marked its foray into the marketing and growth solutions space as it launched Engage; a full-stack marketing growth suite
Mavenir deploying O-RAN technology for Vodafone Idea on millimeter wave. Cloud-based O-RAN technology has been leveraged by Jio and Airtel during 5G rollouts
ARCs' bad loan portfolio to touch Rs 1.6 trillion by FY25, says CRISIL. The report said the growth in the future would largely be driven by higher acquisitions, though capped by quicker resolutions expected in retail assets
Zee forms independent advisory panel to curb erosion of investor wealth. Zee Entertainment Enterprises Ltd on Friday said its board has constituted an independent advisory committee headed by Satish Chandra, retired judge of Allahabad High Court, to curb erosion of its investor wealth in the wake of speculations, leading to neg
McDonald's removes 'cheese' from its outlet menus in Maharashtra. Move comes after Maharashtra FDA accused chain of using cheese substitutes in burgers and nuggets
Maruti Suzuki bets on strong hybrids to drive growth in green vehicles. The company anticipates that 25 per cent of its sales will come from strong hybrids in the foreseeable future
Toyota Kirloskar Auto Parts now eligible to avail incentives under PLI. The product has also met the testing criteria of AAT, and is certified by the Automotive Research Association of India (ARAI), the company stated
Byju's EGM: Investors vote to remove CEO Byju Raveendran from board. Company calls resolutions at EGM 'invalid'; shareholders move NCLT
Air India unveils safety video with mudras from eight diverse dance forms. Air India on Friday unveiled a new inflight safety video that integrates safety instructions with mudras or dance expressions in eight diverse dance forms. The video has been developed in collaboration with McCann Worldgroup Asia Pacific Chairman and lyric
Nvidia briefly hits trillion valuation as AI frenzy grips Wall Street. The milestone followed another bumper revenue forecast from the chip designer that drove up its market value by 7 billion on Thursday - Wall Street's largest one-day gain on record
IndiGrid acquires solar power plant at an enterprise value of Rs 1,550 cr. Infrastructure investment trust IndiaGrid on Friday said it has completed the acquisition of 300 MW solar project at an enterprise value of Rs 1,550 crore. With this asset addition, IndiGrid's portfolio now consists of 19 solar projects across eight states
Zurich Insurance to acquire 70% stake in Kotak General for Rs 5,560 crore. The proposed 70 per cent acquisition is subject to regulatory approval from the Reserve Bank of India and the Insurance Regulatory and Development Authority of India
GQG's stake value in Adani Group touches billion as stocks rebound. The firm's initial investment of .9 billion in March has ballooned to billion in value, helped by market gains and additional stakes, according to fund manager Sudarshan Murthy
Pernod Ricard India to invest Rs 1,800 crore to set up malt distillery. The distillery, one of the biggest in India, will have a capacity of up to 60,0000 litres per day and 13 million litres annually
@Paytm UPI handles to be smoothly migrated from Paytm Payments Bank: RBI. NPCI asked to help Paytm app continue operations
Infosys CEO & MD Salil Parekh joins USISPF on its board of directors. Salil Parekh, CEO and managing director at Infosys, has joined US India Strategic and Partnership Forum as its board of directors. An industry veteran with nearly three decades in the IT services industry, executing business turnarounds and managing succes
Nvidia Corp tops Meta record with 7 billion surge in market value. Nvidia shares surged after it reported blowout results that cemented Wall Street bets on the potential for its artificial intelligence technologies
Nvidia's H100 data center chip driving the AI boom. All you need to know?. It's shown investors that the buzz around generative artificial intelligence is translating into real revenue, at least for Nvidia and its most essential suppliers
Vice Media to stop publishing on its website, lay off 'several' hundreds. Vice Media's CEO, Bruce Dixon, said that it was no longer cost-effective for Vice to distribute digital content, including news
Electric mobility firm Yulu raises Rs 160 cr capital in equity funding. Electric bike-sharing platform Yulu Bikes on Friday said it has secured USD 19.25-million (Rs 160 crore) capital in equity funding through the issuance of shares to the company's existing strategic investors-- Magna and Bajaj Auto Ltd. The capital infusion
'No FEMA violations': Hiranandani Group on ED searches at Mumbai office. Hiranandani Group said that the inquiry was related to a 15-year-old matter and it took time to find old records
CEO's pay hiked to mn in 2023, Citigroup says amid 20,000 job cuts plan. Jane Fraser's pay included a base salary of .5 million and a cash bonus of .7 million as well as .8 million in deferred performance-linked stock, the company said
Healthcare firm Abridge secures 0 mn to develop AI model for clinicians. Shiv Rao, CEO of Abridge and also a practicing cardiologist, said the company plans to use the fresh funding for hiring as well as acquiring and training purpose-built medical AI models
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