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NSE share market NEWS tomorrow (23 February, 2024). NSE stocks in NEWS (tomorrow)

NSE share market NEWS tomorrow (23 February, 2024). NSE stocks in NEWS (tomorrow) These are NSE stocks which will be in NEWS tomorrow as on 23 February 2024

Jio Fin was amongst the top gainers, currently trading at 333.95 in NSE with 3.568 times change in volumes and 10.269% change in price. Other gainers included Idea Cellular with 7.669% price change and 4.057 times volumes, Kfin Technologies with 7.115% price change and 3.58 times volumes, Indus Towers with 7.106% price change and 6.596 times volumes, and Sona Blw with 5.922% price change and 4.618 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.

Ireda 8 was amongst the top losers, currently trading at 159.45 in NSE with 0.553 times change in volumes and -4.976% change in price. Other losers included Yes Bank with -3.499% price change and 0.529 times volumes, Nhpc with -2.604% price change and 0.495 times volumes, Himachal Futuristic with -2.475% price change and 0.48 times volumes, and Bank Baroda with -2.449% price change and 1.96 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.

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

GM's Cruise prepares to resume robotaxi testing after suspension. The company has been focusing its comeback plan on Texas, which has relatively liberal regulation for companies that seek to operate autonomous vehicles in the state

ADNOC's bn chemicals deal with Austria's OMV stalls over disagreements. "We are in ongoing and open-ended negotiations and cannot comment further," OMV said in a statement

Byju's EGM gets underway: Raveendran skips, investors file suit before NCLT. A group of four investors of Byju's has filed an oppression and mismanagement suit against the management of the company before the Bengaluru bench of the NCLT, seeking declaring of founders, including CEO Byju Raveendran, as unfit to run the company, and

Toyota extends shutdown of 2 plants after emission test irregularities. The production lines have been suspended since Jan. 29 after the discovery of irregularities in certification tests for diesel engines developed by affiliate Toyota Industries

Goldman Sachs downgrades ratings on shares of SBI, ICICI, YES Bank. Key challenges include mounting pressure on the cost of funds, driven by structural funding issues, and escalating concerns regarding rising consumer leverage

Kia recalls 4,358 units of Seltos to replace electronic oil pump controller. Kia India on Friday said it is voluntarily recalling 4,358 units of a petrol variant of its mid-sized sports utility vehicle Seltos to replace the electronic oil pump controller. The company is recalling Smartstream G1.5 Petrol Seltos with IVT transmission

Alstom starts production of trainsets for fourth phase of Delhi Metro. Awarded in November 2022, the order aims to deliver 52 train sets, each comprising six cars, the French multinational rolling stock manufacturer said in a statement

Maharashtra FDA cracks down on McDonald's for using substitutes for cheese. McDonald's has denied accusations of misleading consumers by using substitutes in place of real cheese in burgers and nuggets

PFC partners with SACE to enhance cooperation between India and Italy. State-owned Power Finance Corporation (PFC) on Friday said it has become the first government firm to collaborate with SACE, an Italian export credit agency, to boost the cooperation between the two countries. PFC is partnering with SACE, the export credit

RBI asks NPCI to examine Paytm's request to become 3rd party app provider. The RBI has further asked NPCI to help continue operations of Paytm app

Software firm Trust Fintech raises Rs 5.42 cr in pre-IPO funding round. Software solutions provider firm Trust Fintech Ltd on Friday said it has raised Rs 5.42 crore in a pre-IPO funding round. Earlier this month, the company filed preliminary papers for the Initial Public Offering (IPO) and the shares are expected to be liste

Kalyani Steels signs MoU with Odisha govt to set up manufacturing unit. Kalyani Steel Ltd on Friday signed an MoU with the Odisha government to set up a manufacturing facility with an investment of Rs 11,750 crore. The project for manufacturing titanium metal, aerospace and automotive components and advanced speciality steel a

Biocon receives a penalty of over Rs 3 crore in GST related issues. Biocon Ltd on Friday said it has been imposed a penalty of over Rs 3 crore over GST-related issues. The company has received an order of adjudication imposing a penalty of Rs 3,03,78,465 dated February 22, 2024, from the office of Deputy Commissioner of Co

Boeing replaces head of 737 Max program two months after midair blowout. Ed Clark, who helped ramp up 737 production in the aftermath of the Covid-19 pandemic, is stepping down immediately after nearly 18 years at Boeing, the company said Wednesday

Uber CEO Dara Khosrowshahi takes a bus ride during his India visit. Khosrowshahi explored the Uber Shuttle in Bengaluru along with members of the Uber Tech team that is building the product for India and the world

Nvidia surges after company proclaims AI has hit 'tipping point': Report. The shares jumped about 13% in premarket trading on Thursday following the announcement. They earlier closed at 4.72 in New York, leaving them up 36% for the year

Grasim enters paint biz with Birla Opus, aims Rs 10k cr revenue in 3 years. The company has also inaugurated three plants of Birla Opus at Panipat (Haryana), Ludhiana (Punjab) and Cheyyar (Tamil Nadu)

Uber signs pact with govt-backed ONDC to democratise digital commerce. Ride hailing services firm Uber on Thursday said it has signed a pact with government-backed Open Network for Digital Commerce (ONDC). A Memorandum of Understanding (MoU) was signed in the presence of Uber CEO Dara Khosrowshahi at an event where he spoke w

Ikea India shuts its Mumbai City store, might open another in Pune. Ikea India has two more stores in Mumbai which will continue. It has a city store in Worli and a big box store at Navi Mumbai

Ashok Leyland clocks three million vehicles production milestone. Ashok Leyland has been a driving force in the Indian and international commercial vehicle sector with technology at the forefront

VinFast Auto to break ground for Tamil Nadu EV facility on February 25. The establishment of VinFast's integrated electric vehicle facility in Tamil Nadu is anticipated to generate approximately 3,000 to 3,500 employment opportunities locally

Vodafone Idea board to meet on Feb 27 to consider fundraising proposals. Billionaire industrialist and Aditya Birla Group Chairman Kumar Mangalam Birla on Thursday underlined the group's firm commitment to the cash-strapped telco Vodafone Idea, and asserted that efforts are on to rope in external investors. On how soon such inv

Google's Gemini AI accused of acting too 'woke', company admits mistake. The row erupted after a user pointed out that Gemini, earlier known as Bard, was showing inaccurate images when asked to furnish certain information

Sebi orders attachment of bank, demat accounts of DHFL's ex-promoters. Markets regulator Sebi has ordered the attachment of bank accounts as well as shares and mutual fund holdings of Dheeraj Wadhawan and Kapil Wadhawan, the former promoters of Dewan Housing Finance Corp Ltd (DHFL), to recover dues totalling over Rs 22 lakh.

ArcelorMittal's XCarb India Accelerator programme selects three finalists. The programme, launched in July 2023, was aimed at identifying start-ups focused on the most "promising" decarbonisation technologies in India

34% of women leave jobs over work-life balance, only 4% of men do: Report. 59 per cent of the companies have not set up Internal Complaints Committees that are mandated by the Prevention of Sexual Harassment (POSH) Act

GMDC approves capex of Rs 3,041 cr for FY25, targets Rs 800 cr this fiscal. State-owned Gujarat Mineral Development Corporation Ltd (GMDC) on Thursday said its board has approved a capital expenditure of Rs 3,041 crore for the next fiscal. The PSU had set a capex target of Rs 800 crore for the ongoing financial year. "GMDC is prou

Glenmark Pharma eyes mn from it's nasal spray Ryaltris sales next year. Glenmark Pharmaceuticals expects its nasal spray Ryaltris to hit about USD 80 million in sales next year, boosting its overall revenue, according to a top company executive. The drug firm has so far commercialised the product in 31 geographies across the g

Mercedes-Benz Research and Development India launches Sustainability Garage. Mercedes-Benz Research and Development India (MBRDI) has launched the 'Sustainability Garage', an initiative for promoting innovation in sustainable mobility in association with Prayoga Institute of Education Research. A CSR initiative of MBRDI, the Sustai

Iffco ranked 1st among 300 cooperatives in world, 72nd in overall turnover. Commenting on retaining the top position in consecutive years, Dr. Uday Shankar Awasthi, Managing Director, IFFCO, said, "It is a proud moment for us at IFFCO and Indian Cooperative Movement as well

Moderna reports surprise Q4 profit, sets out road map for RSV vaccine. Moderna recorded .8 billion in sales from its COVID vaccine in 2023, down from .4 billion in 2022 but slightly above Wall Street estimates of .7 billion

Airtel announces in-flight connectivity for users on international routes. Partnership with UK-based Aeromobile will allow Airtel users surf the web, make online calls on 19 global carriers

Unclear violation in Sterlite Copper shutdown affects investment, says SC. Closure of an industry, without specifying the violation in "clearer terms", affects the investment made in the company, the Supreme Court said on Thursday while hearing Vedanta group firm Sterlite Copper's plea against shutting down of its smelting plant

Roads and renewables: Global PE major KKR to raise infra bet in India. Major portion of .4 billion Asia-Pacific fund set to be routed to India

Bandhan Bank appoints Rajeev Mantri as CFO effective from February 22. Ghosh took charge as the Interim CFO from October 20, 2023, after Sunil Samdhani resigned from the post of CFO effective September 30, 2023, to explore opportunities outside the bank

Angel One plans to raise Rs 2,000 cr to tap opportunities in fintech space. The stockbroker plans to move beyond equity and mutual funds and will offer distribution of credit and fixed-income products

Spyre PropTech Venture rolls out the first phase of Rs 400 crore fund. The maiden fund is set to invest in early and growth stage companies with ticket sizes ranging from Rs 2-8 crore in early stages and Rs 15-40 crore in growth stage series A and B rounds

Bajaj Auto enhances stake in Yulu Bikes with Rs 45.75 cr investment. Bajaj Auto on Thursday said it has invested an additional Rs 45.75 crore in electric bike-sharing platform Yulu Bikes. Post the fresh investment, the company's shareholding in Yulu Bikes stands at 18.8 per cent of the paid up equity share capital of the el

Delhi HC orders SpiceJet to return leased engine to Brussels by March 10. Delhi HC orders SpiceJet to return leased engine to Brussels by March 10

India one of the toughest markets for Uber: CEO Dara Khosrowshahi. 'Expectation of consumers for more services with lower spend a challenge'

SpiceJet raises second tranche of Rs 316 crore under preferential issue. On January 26, the first tranche of Rs 744 crore was infused into the airline. On January 11, the beleaguered airline's shareholders gave their approval to raise a total of Rs 2,241.5 crore

Jana SFB Q3FY24 results: Net profit rises 12.82% to Rs 134.64 crore. Its net interest income rose by 24.4 per cent Y-o-Y to Rs 548.5 crore in Q3, up from Rs 440.8 crore in Q3 FY23

Amul's golden jubilee: Modi calls for making it biggest dairy firm globally. A co-operative which started in FY1973-74, already saw its revenue at Rs 72,000 crore in FY23 and exports its products to more than 50 countries

Grasim Industries paints Rs 10K cr sales target in 3 years for Birla Opus. Further, it aims to become the second-biggest player in the Rs 80,000 crore Indian decorative paints market, which is currently dominated by Asian Paints

Byju's founder, his family won't attend EGM called by investors on Feb 23. The current board of Byju's parent, Think and Learn, including Raveendran, his wife and Byju's co-founder Divya Gokulnath, and his brother Riju Ravindran will also not attend the EGM

ED upgrades look out circular against Byju Raveendran in Fema probe. The Enforcement Directorate has upgraded its Look out Circular (LC) issued against BJYU's founder and CEO Byju Raveendran in connection with a FEMA probe, seeking to stop him for going abroad. The earlier such alert meant that immigration authorities had t

Matrimony.com launches mobile dating app for Indians living in US. Matchmaking service provider Matrimony.com has launched its exclusive dating mobile application 'MeraLuv' aimed at serving the Indian nationals living in the United States. The application has robust safety mechanism prioritising user privacy and each prof

South Indian Bank approves Rs 1,151 cr rights issues to fund business. South Indian Bank on Thursday said the board of the bank has approved a rights issue raise of up to Rs 1,151 crore to fund business growth. The board has approved proposal for issuance of 5,231,85,254 rights issue on fully-paid up basis for an amount aggre

HSBC pre-tax profit up 19% in India for FY23, more profitable than China. China's pre-tax profit plummeted 89 per cent year-on-year to 1 million in 2023 from .40 billion in 2022

NBCC gets nod from Greater Noida Authority to build five Amrapali projects. The approval is for the development of unused and purchasable floor area ratio (FAR) "in furtherance of existing projects of Amrapali valuing approximately Rs 10,000 crore," the company said

Can't be oblivious to community's concerns: SC to Sterlite Copper. The Supreme Court on Wednesday told Sterlite Copper, a Vedanta group firm, that it cannot be oblivious to the wider concerns of the local community in Tamil Nadu's Thoothukudi and will have to implement the environmental safeguards suggested by the propose

Tata Capital seeks shareholders' nod on related party deals with Tata Steel. RPTs with Tata Steel to rise to Rs 12,000 cr

Germany's Thyssenkrupp to divest stake in Indian arm to local partners. The statement said that it is "intended and envisaged" that Thyssenkrupp Polysius and tkII would remain close cooperating partners

Court issues summons to brewery, its MD, 8 others in money laundering case. A special court here has issued summons to Jogeshwari Breweries Private Limited (JBPL), its managing director and eight others in a money laundering case related to allegedly obtaining a loan of more than Rs 83 crore from United Bank of India through forge

A-I enters into 12-yr pact with SIA Engineering Co for A320 family planes. Air India has entered into a 12-year agreement with SIA Engineering Company Ltd for extensive component support coverage for the airline's A320 family planes. "Under this 12-year agreement, Air India Group's current fleet of Airbus A320 family aircraft wil

Rera fines developer Rs 25 lakh for misleading ad on DDJAY project. Real Estate Regulatory Authority (RERA), Gurugram, has imposed a penalty of Rs 25 lakh on Yashvi Homes Pvt Ltd for publishing a misleading advertisement on a Deen Dayal Jan Awas Yojana (DDJAY) project. Yashvi Homes is developing the DDJAY residential proje

HSBC posts 25% rise in profit from India operations to .5 bn in 2023. HSBC Group on Wednesday posted a 25 per cent increase in profit from India operations to USD 1.5 billion for the financial year ended December 2023. The bank, which follows the calendar year as its fiscal, had earned a profit of USD 1.2 billion in 2022, HS

Fintech major PhonePe takes on Google, Apple with homegrown Indus Appstore. The Indus Appstore is PhonePe's attempt at creating a more competitive and localized mobile app store economy for India, which is already the world's largest market for mobile apps

SAT to hear Subhash Chandra's appeal in fund diversion case tomorrow. In the same order, issued in August 2023, Chandra's son Punit Goenka was granted relief by the tribunal

Myntra names Venu Nair as chief of strategic partnerships and omnichannel. Nair joins Myntra's senior leadership team where he will be responsible for strengthening the online fashion retailer's existing international brands portfolio

LTIMindtree & Eurolife FFH partner to setup GenAl hubs in Europe, India. As a part of the partnership, Eurolife FFH will set up GenAI and Digital Hub in Athens to develop solutions for its insurance businesses in Greece

JSW Steel plans to borrow 0 mn loan to meet capital expenditure needs. JSW Steel Ltd., part of the billion JSW Group, is sounding out lenders and a mandate is likely in the coming days, the people said, asking not to be identified as the information is private

Jubilant FoodWorks expects Popeye to be Rs 1,000 cr brand in next 3-4 years. As far as demand is concerned, Pande believes that it is cyclical and demand will revive for the QSR industry

Committed to restructuring board: Raveendran tells Byju's shareholders. To increase shareholder representation, the CEO of the embattled edtech firm committed to restructuring the Board and appointing two non-executive directors

Karnataka HC refuses to stay Byju's EGM called by investors on February 23. Karnataka High Court on Wednesday refused to stay an emergency shareholder meeting called by select investors of Think and Learn Pvt Ltd -- the owner of BYJU'S -- to oust the company's CEO Byju Raveendran and his family from the leadership in the edtech fi

K'taka HC grants relief to Byju's; calls resolutions passed in EGM invalid. The edtech firm said this development marks a significant victory for edtech firm, with court recognizing urgent need to protect the company's interests and uphold the principles established by law

PE firm CVC Capital raises .8 bn, plans to invest in Indian companies. Private equity and investment advisory firm CVC Capital Partners on Wednesday said it has mopped up USD 6.8 billion (around Rs 56,366 crore). The Luxembourg-based company has over USD 1 billion investments in four domestic companies -- the Indian Premier L

SBI becomes 5th most valuable firm in terms of mcap, surpasses Infosys. Public sector lender State Bank of India (SBI) has surpassed IT major Infosys to become the country's fifth most valued firm by market valuation on Wednesday. The scrip of the state-owned company gained 1.51 per cent to close at Rs 771.55 apiece on the BSE

DRI initiates inquiry against Maruti Suzuki over incorrect HSN code. Maruti Suzuki India on Wednesday said the Directorate of Revenue Intelligence has initiated an inquiry against it over incorrect HSN (Harmonized System of Nomenclature) code of an imported component. In a regulatory filing, Maruti Suzuki India said it has

NCLAT declines to interfere with Jaypee Infratech resolution plan. The NCLT last year on March 7 approved Suraksha Realty's takeover of the debt-laden Jaypee Infratech dismissing three different appeals against the Rs 7,936 crore offer by the Mumbai-based company

Another blow to Zee Entertainment: Sebi uncovers 1 mn accounting issue. As part of its investigation into the Zee founders, the Securities and Exchange Board of India, or Sebi, found that about Rs 2,000 crore (1 million) may have been diverted from the company

Flipkart in talks to potentially acquire Reliance-backed startup Dunzo. Despite having raised approximately 0 million to date, Dunzo has faced increased competition in the hyperlocal delivery segment

Latest stock market News for tomorrow Access previous news reports: 451452453454455456457458459460461462463464465466467468469

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