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NSE share market NEWS tomorrow (02 March, 2023). NSE stocks in NEWS (tomorrow)

NSE share market NEWS tomorrow (02 March, 2023). NSE stocks in NEWS (tomorrow) These are NSE stocks which will be in NEWS tomorrow as on 02 March 2023

Macrotech Developers was amongst the top gainers, currently trading at 997.35 in NSE with 4.264 times change in volumes and 18.065% change in price. Other gainers included Rail Vikas with 12.222% price change and 6.536 times volumes, National Buildings with 6.942% price change and 6.911 times volumes, Angel One with 5.769% price change and 2.813 times volumes, and Adani Green with 4.995% price change and 0.534 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.

360 One was amongst the top losers, currently trading at 441.05 in NSE with 3.202 times change in volumes and -75.128% change in price. Other losers included Yes Bank with -4.372% price change and 0.872 times volumes, Siemens with -3.841% price change and 2.568 times volumes, Kei Industries with -2.813% price change and 0.398 times volumes, and Laurus Labs with -2.467% price change and 2.788 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.

Adani Group sells Rs 15,446-cr stake to US equity boutique GQG Partners. "The investment has made GQG a key investor in the development and growth of critical Indian infrastructure," it said

Adani promoters sell stakes worth Rs 15,446 crore to GQG Partners. The promoters plan to use the proceeds to retire debt and for other corporate purposes

Jio to become world's largest 5G network with affordable services: Oommen. India's biggest telecom operator Reliance Jio expects to become the world's largest player having a pure 5G network this year with promise to provide services at affordable rates to the masses, a senior official of the company said here. Speaking to the PT

Foxconn to set up electronics manufacturing facility in Telangana. Electronics major Foxconn will set up a manufacturing facility in Telangana with employment generation potential for over one lakh people.

Pankaj Gupta appointed as MD and CEO of Pramerica Life Insurance. He will be responsible for driving strategic growth led transformation to bring Pramerica Life amongst the leading life Insurance companies in India

Meet the members of SC-appointed panel on Adani Group share crash. The committee is also tasked with assessing if there has been regulatory failure and to suggest measures to strengthen the framework

Top HR executives at Whitehat Jr quit as BYJU's plans to shut platform. Beleaguered coding platform WhiteHat Jr has seen an exodus of top HR executives in recent days, including Ashutosh Singh, Director HR Business Partner (HRBP) and HR leader for international markets

VC model of investment looks like ponzi scheme: N R Narayana Murthy. Murthy believes that ChatGTP provides one with a certain knowledge and they can show their creativity and smartness…but cannot replace the human mind

Contract to Adani skill centre without tender, says Gujarat govt. The Bharatiya Janata Party government in Gujarat on Thursday told the state Assembly there was no tendering process to award a contract for the 'Adani Skill Development, Ahmedabad' facility meant to impart training to Scheduled Caste youths. Responding to

Jishnu Barua becomes new chairperson of power regulator CERC. Jishnu Barua has become the new chairperson of power regulator Central Electricity Regulatory Commission (CERC). "Union Minister for Power R K Singh administered the oath of office and secrecy to Jishnu Barua, chairperson, Central Electricity Regulatory Co

NHPC pays interim dividend of Rs 997.75 crore to govt for 2022-23. State-owned hydro power giant NHPC has paid an interim dividend of Rs 997.75 crore to the government for 2022-23. "NHPC has paid an interim dividend of Rs 997.75 crore to government of India for the financial year 2022-23 on 2nd March 2023," a company stat

Adani Green's operating renewable portfolio reaches record 8,024 MW. Adani Green Energy on Thursday said its 700-MW hybrid green energy project has become operational, which took its total operating renewable portfolio to 8,024 MW, the largest in India. The project is its fourth wind-solar hybrid power plant fully operation

Tata Power partners with Enel Group to power digitalisation, automation. Tata Power on Thursday said that it has collaborated with Enel Group to power digitalisation and automation of India's distribution network. "Tata Power joined hands with Enel Group -- one of the largest integrated players in the global power and renewabl

Philanthropy by India's super rich falls by a third in FY22, says report. The dramatic fall was because contributions by the Azim Premji Foundation dropped by Rs 9,000 cr

Gender equality in boardrooms out of reach until 2038, says MSCI. This means women will not take an average of 50% of board seats across the 2,811 companies which make up MSCI's All Country World Index (ACWI) until 2038, based on the current trajectory

Mukesh Ambani's next disruption: Foray into genome testing with a 5 kit. The project to bring affordable personal gene-mapping to India's 1.4 bn people, will potentially create a treasure trove of biological data that can aid drug development and disease prevention

SC decision on Adani-Hindenburg probe panel today: 5 things you must know. On February 17, the Centre had told the apex court that they would submit their suggestions for the proposed panel in a sealed cover, but the court refused to accept it

Top headlines: Philanthropy by India's rich falls, airlines step up hiring. Business Standard brings you top headlines at this hour

Investment giant Softbank offloads 3.8% stake in Delhivery for Rs 954 cr. According to data available at the Bombay Stock Exchange (BSE), SoftBank sold shares worth Rs 954 crore in Delhivery in a bulk deal at Rs 340 apiece

RCap resolution: NCLAT allows lenders' plea for another round of bidding. The National Company Law Appellate Tribunal (NCLAT) on Thursday allowed a petition filed by lenders of Reliance Capital seeking another round of auction for the debt-ridden firm undergoing insolvency process. A two-member bench set aside an order passed b

Sunteck Realty leases commercial space to Upgrad, to make Rs 2,000 cr. Upgrad will be paying starting rentals of close to Rs 300 per square feet per month on carpet area basis

Adani-Hindenburg row: SC forms 5-member committee headed by former judge. Directs Sebi to submit status report on its investigation in 2 months

NCLAT allows another round of bidding for bankrupt firm Reliance Capital. The Torrent group is likely to challenge the order in the Supreme Court, said a legal source

SC order on Hindenburg issue: Truth will prevail, says Gautam Adani. Embattled tycoon Gautam Adani on Thursday welcomed the Supreme Court order of a time-bound probe into allegations levelled by Hindenburg Research against his group, saying this will bring finality and truth will prevail. Shortly after a bench headed by Chi

Supreme Court asks Sebi to check on Adani's related party transactions. The Supreme Court of India also ordered the formation of an investor-protection panel amid sharp falls in the Adani group's shares

Tesla Superchargers now open to other EVs at 'select sites' in US. Elon Musk-run Tesla has officially begun allowing other electric vehicles to fuel up at some Supercharger stations in the US

Salaries in India to rise 10% in 2023, highest in Asia-Pacific: WTW report. China is projected to see a salary hike of 6%, Vietnam at 8%, Indonesia at 7%, Hong Kong at 4% and Singapore at 4% in 2023

Reliance, Tata Power, others bid for Rs 19,500 cr solar incentives. The financial assistance is part of PM Modi's aim to turn the nation into a manufacturing powerhouse, creating more jobs in the economy and reducing imports that can drain foreign exchange

Japanese auto major Honda to focus on premium products to grow India biz. Japanese auto major Honda plans to launch at least one new model every year in India with a focus on premium products as it looks to get its business on track in the country. The company, which on Thursday introduced an updated version of its mid-size seda

Intend to take decisive steps through launch of Comet: MD, MG Motor India. MG Motor India on Thursday said it has christened its upcoming electric vehicle as Comet. The name derives inspiration from the iconic 1934 British airplane which participated in the England-Australia MacRobertson Air Race, the automaker said in a statemen

Telecom operator Airtel reaches 1 mn customer mark on 5G network in Mumbai. Telecom operator Bharti Airtel on Thursday announced that it has surpassed the 1 million 5G user mark on its network in Mumbai. Airtel recently crossed the 10 million unique customer mark on its 5G network nationally. The Sunil Mittal-led telco said it is

GreenLine Logistics signs LNG supply agreement with Baidyanath LNG. GreenLine Logistics (Green Planet Logistics Pvt Ltd.), India's first and only LNG-fueled heavy trucking logistics company, has entered into an LNG supply agreement with Baidyanath LNG Private Ltd

Swiggy sells Cloud Kitchen biz to Kitchens@ as delivery growth slows down. The online food aggregator will become a stakeholder in Kitchens@ through the all-equity transaction of Swiggy's Access

Betterhalf raises .5 mn funding from FinSight Ventures, Insta co-founder. Betterhalf, a matrimony app for urban Indians, has raised USD 8.5 million in funding from FinSight Ventures and various investors including Mike Krieger, co-founder of Instagram, Arash Ferdowsi, co-founder of Dropbox and others. The other key investors who

Indian tech sector to hit 5 bn in FY23; headwinds seen in FY24: Nasscom. Industry on track to achieve 0 bn by 2030, but skilling gap needs to be addressed on priority

Adani Group secures bn credit from sovereign wealth fund: Sources. The identity of the sovereign wealth fund was not disclosed in the memo. A third person familiar with the matter said Adani's management told investors it was from the Middle East

NCLAT dismisses plea challenging insolvency against Avantha Power. The National Company Law Appellate Tribunal (NCLAT) has set aside the petition filed against the initiation of corporate insolvency resolution process against Avantha Power and Infrastructure, which was a corporate guarantor for loans availed by Korba West

Migsun Group to invest Rs 706 cr in high-street commercial project in Delhi. Will develop a total built-up area of 6.3 acres on the site and expects to deliver the project within three years

Divgi TorqTransfer Systems IPO receives 12% subscription on first day. The initial public offering of automotive component manufacturer Divgi TorqTransfer Systems received 12 per cent subscription on the first day of the sale on Wednesday. Bids for 4,75,800 shares were received against 38,41,800 shares on offer, according to

TVS Motor records 1.97% decline in sales at 276,150 units in February. Two- and three-wheeler maker TVS Motor witnessed a 1.97 per cent decline in sales in February with sales of 2,76,150 units, the company said on Wednesday. The city-headquartered company had sold 2,81,714 units during the corresponding month of last year. T

Bajaj Finserv gets regulatory license to start mutual fund business. Bajaj Finserv MF aims to create a tech-driven, multi-channel approach to serve investors across various touchpoints and geographies in order to build a future-ready asset management company

S&P affirms Adani International Container Terminal's issue rating at 'BBB-'. S&P said AICTPL's debt is fully secured and has cash flow waterfalls that prioritise operating expenditure and debt service over distributions

Twitter services resume after global outage hits thousands of users. Microblogging site Twitter faced an outage on Wednesday with several users, including those in India, reporting issues with refreshing their newsfeeds or posting new content on the website

Prop-tech startup NoBroker raises mn from Google in extended Series E. With this, Google joins existing investors General Atlantic, Tiger Global and Moore Strategic Ventures; tech giant will also collaborate with NoBroker to enhance overall user experience

Akasa Air completes 6 months of operations; flies over 1mn passengers. The airline has flown a total of 0.5 million passengers from the city, which contributes to 70 per cent of the total number of passengers flown across its network to date

NMDC iron ore output grows 4% at 4.48 mn tonnes in Feb, sales drop 4.78%. NMDC Ltd on Wednesday reported 4 per cent growth in its iron ore production at 4.48 million tonnes (MT) in February 2023 compared to 4.31 MT a year ago. Sales of iron ore declined by 4.78 per cent to 3.78 MT in February 2023 compared to 3.97 MT in the same

Suzuki Motorcycle launches scooters compliant with latest emission norms. Suzuki Motorcycle India on Wednesday said it has launched a range of scooters, which conform with the upcoming stricter emission norms, priced between Rs 79,400 to Rs 97,000 (ex-showroom Delhi). The company's 125cc scooters, including Access 125, Avenis an

Bajaj Finserv gets Sebi's approval to foray into mutual fund business. Ganesh Mohan named CEO, Nimesh Chandan to head investment team

Automaker General Motors lays off 500 workers to cut costs: Report. Automaker General Motors is laying off hundreds of workers as it follows other major companies, including competitors, in downsizing headcounts to preserve cash and boost profits, the media reported

Tech industry one of the most spoilt in the mode of work: Rishad Premji. Indian IT companies are facing challenges in re-establishing the work-from-office model of pre-pandemic times

Unicorn proptech start-up NoBroker raises mn from Google for expansion. Unicorn proptech startup NoBroker has raised USD 5 million from technology major Google as part of its expansion plan. NoBroker has bagged funding from Google, which joins existing investors General Atlantic, Tiger Global and Moore Strategic Ventures in it

Softbank arm SVF Doorbell sells 3.8% stake in Delhivery to raise Rs 954 cr. Delhivery had come out with a Rs 5,235 crore IPO in May 2022

Adani Group denies report of securing bn loan from sovereign fund. Meanwhile, all ten group stocks had gains on Wednesday, the first time since the Hindenburg report was released in January

Honda Cars reports 15% decline in sales at 6,086 units in February. Honda Cars India on Wednesday reported a 15 per cent year on year dip in sales in the domestic market at 6,086 units in February. The company had sold 7,187 units in the domestic market in February 2022, Honda Cars India Ltd (HCIL) said in a statement. Exp

Olectra Greentech's India's first e-tipper receives roadworthiness nod. Olectra Greentech Limited, a group company of Megha Engineering & Infrastructures Limited (MEIL), on Wednesday announced that India's first 6x4 heavy-duty electric tipper from its stable received the country's first homologation certificate from automobile

Hero MotoCorp sales increases by 10% in February at 3,94,460 units. The country's largest two-wheeler maker Hero MotoCorp on Wednesday reported a 10 per cent year-on-year increase in total wholesales at 3,94,460 units in February. The company had dispatched 3,58,254 units in the same month last year. In the domestic market

More employees need to work from offices, says Wipro Chairman Rishad Premji. Information technology major Wipro's Chairman Rishad Premji on Wednesday said more employees need to work from offices rather than from their homes. He also said that coming to office helps in establishing a connect and an intimacy which is very essential

Startup Fisdom among few fintechs to generate revenue via MF distribution. Fisdom also offers other investment products like stock broking, alternate investment funds (AIF), portfolio management services (PMS) and tax solutions

HDFC first private bank to tie up with IRCTC for co-branded credit card. Earlier, IRCTC has only partnered with SBI and Bank of Baroda for this travel segment of the card

Tata Group's talks over billion Bisleri stake stall over valuation. The Indian conglomerate had been in advanced discussions to take control of Bisleri and the parties were working on finalizing the structure of a transaction, the people said

Silicon Valley veteran Dan Rosensweig joins upGrad's board of directors. Rosensweig also serves on the board of Adobe and is a senior advisor to TPG Growth Ventures & Kleiner Perkins

FRL fails to get revival plan, lenders to decide further course of action. The date of submission of the resolution plans for the company was February 20 after subsequent extensions were granted by the lenders, the company said

Bajaj Auto sales dip 11% in Feb to 280,226 units on account of export woes. Bajaj Auto on Wednesday said its total wholesales declined by 11 per cent year-on-year to 2,80,226 units in February. The Pune-based company had dispatched 3,16,020 units to its dealers in February 2022. In a regulatory filing, the company said its total d

MG Motor India Feb sales fall 7% to 4,193 units, to ramp production. MG Motor India on Wednesday reported 7 per cent drop in retail sales at 4,193 units in February over the same month a year ago. The company had sold total 4,528 units in February 2022. The carmaker said that while booking for the Next-Gen Hector is positiv

Hiring resumes in Indian IT sector after months-long slowdown amid layoffs. Amid ongoing global layoffs especially in the tech sector, hirings in India saw a 9 per cent sequential growth in February and the IT sector signalled a positive comeback after witnessing a decline

Indian telcos surpass 3-year 5G rollout target in six months: Govt official. Indian telecom operators have surpassed the three- year 5G network rollout target given to them within six months and now the government is making efforts to enhance adoption of 5G applications across various key segments, a senior government official said

Sequoia's Surge unveils 8th cohort of 12 start-ups across India, SEA. Includes start-ups in climate tech, AI, metaverse, digital health, new e-commerce models

Zoomcar partners Vistara to offer self-drive services to customers. Car sharing platform Zoomcar on Wednesday announced its partnership with Vistara, a joint venture of Tata group and Singapore Airlines, to become its self-drive partner

Toyota Kirloskar wholesales rise 75% in February at 15,338 units. Toyota Kirloskar Motor (TKM) on Wednesday said its wholesales increased 75 per cent year-on-year to 15,338 units in February 2023. The company had dispatched 8,745 units in the domestic market in February last year. "We are witnessing a continued interest

Salary hikes in India have now reverted to pre-pandemic level: Mercer. The highest salary hikes are expected in the high-tech industry in 2023, followed by the Software Service Outsourcing (SSO) industry

Akasa Air to place order for fleet of aircraft in three digits by year-end. Akasa Air is going to place an order for a fleet of aircraft which will be in three digits by the year-end, the company said on Wednesday. The company's founder and Chief Executive Officer, Vinay Dube said it plans to go international by the year-end and i

Adani Group secures bn credit from sovereign wealth fund: Report. Adani Group has told creditors it has secured bn loan from a sovereign wealth fund, two sources with knowledge of the matter said, as the embattled conglomerate seeks to ease concerns

Tata Power Renewable gets Rs 2,000 cr infusion from GreenForest. Tata Power Renewable Energy Ltd (TPREL) has received an investment of Rs 2,000 crore from GreenForest New Energies Bidco with allotment of 20 crore preference shares to the latter. "TPREL...has received the second and final round of investment of Rs 2,000

Maruti Suzuki total wholesales up 5% in February at 172,321 units. Maruti Suzuki India on Wednesday said its total wholesales increased 5 per cent to 1,72,321 units in February. The country's largest carmaker had dispatched 1,64,056 units to its dealers in February 2022. Domestic wholesales rose 11 per cent to 1,55,114 un

Delivery boys being harassed in Delhi: Swiggy, Zomato raises concern. Online food delivery platform Swiggy said the recent changes in regulations on bike taxi services in Delhi have caused confusion and disruption to their services, creating panic among executives

Mahindra & Mahindra sales increases by 8% to 58,801 units in February. Mahindra & Mahindra (M&M) on Wednesday said its total sales increased by 8 per cent to 58,801 units in February. The company's total dispatches to its dealers stood at 54,455 units in February 2022. The Mumbai-based auto major's passenger vehicle sales in

Kia India YoY sales increases by 36% in February at 24,600 units. Automaker Kia India on Wednesday reported a 36 per cent year-on-year increase in domestic wholesales at 24,600 units in February. The company had sold 18,121 units in the year-ago period. "With continued support from our esteemed customers, Kia has recorde

Swiggy, Zomato flag 'misinterpretation' of bike-taxi ban order by Delhi RTO. Food delivery apps Swiggy and Zomato have complained to the Delhi government against challans being issued to their two-wheeler riders in the name of a ban on bike taxi services in the national capital. The food delivery platforms have also sought clarific

Sequoia India and Southeast Asia's Surge to empower 12 new startups. Surge combines up to million of seed capital with company-building workshops, a global curriculum and support from a community of exceptional mentors and founders

McDonald's north and east to partner NGOs for hiring 1,500 people by 2025. In its endeavour of driving change and making a positive impact in the local communities, McDonald's India - North and East is planning to hire 50 per cent of its workforce by 2025 through NGO

Tata Motors vehicle sales accelerate by 3% at 79,705 units in February. Tata Motors on Wednesday reported 3 per cent year-on-year growth in total wholesales at 79,705 units in February. In the year-ago period, the company's total vehicle sales stood at 77,733 units. Domestic vehicle sales were up 6 per cent at 78,006 units las

Fashion startup STUMBL onboards Masoom Minawala as strategic advisor. Launched in December 2022, the company claims to have served more than 10,000 young women to date, with 20% becoming repeat customers

IRCTC partners with HDFC Bank to launch co-branded travel credit card. Indian Railway Catering and Tourism Corporation Ltd (IRCTC) and HDFC Bank on Wednesday announced a partnership to launch a co-branded travel credit card. Known as the IRCTC HDFC Bank Credit Card, the co-branded card is in a single variant and is available

PVR Inox to add 200 screens each year; expects double-digit growth in FY24. Leading multiplex operator PVR is working on "getting economies of scale" after the merger of rival Inox Leisure and expects a double-digit growth in its top-line in FY24, said managing director Ajay Bijli. PVR is working on synergies on revenue from ticke

Layoffs hit Nike, impacted workers share personal experience on LinkedIn. The employees posted on LinkedIn after Nike announced the resignation of Ratnakar Lavu, the top technology executive at the company

Air India to triple current aircraft fleet in a few years: CEO Wilson. Tata group-owned Air India has said that it would increase its fleet by a record 470 aircraft, funding the billion order with internal cash, equity and through sale-and-leasebacks

Apple Inc supplier declares 30-day holiday at Andhra Pradesh plant. Production at the factory of Taiwan-based Foxlink, the cable supplier to technology giant Apple Inc, is likely to be hit as the company has declared a 30-day holiday for its employees, following the fire accident here. The company has declared holiday for

Orient Electric expects good growth from fans, coolers as summer approaches. As summer sets in with predictions of harsh temperatures, CK Birla firm Orient Electric expects a good growth in revenue in FY24 from its fans and cooler business, MD & CEO Rakesh Khanna said. With summer approaching, Orient Electric Ltd (OEL) expects a "n

Indian Bank ties up with Toyota Kirloskar Motor to offer vehicle financing. Public sector Indian Bank has inked a pact with automaker Toyota Kirloskar Motor to offer vehicle financial options to its customers, the bank said on Tuesday. The tie-up would offer various initiatives including 90 per cent on-road funding with no process

Zydus Lifesciences receives USFDA approval to market generic drug. Zydus Lifesciences on Tuesday said it has received approval from the US health regulator to market a generic medication to prevent and treat blood clots. The company has received approval from the US Food and Drug Administration (USFDA) to market Apixaban

Delhi's Feb EV sales dip 13% month-on-month to 4,838 units, hit six-mth low. Down 40% since all-time high of 8,154 units in October 2022

Airtel eyes tariff hike mid-year; here's how telcos' Arpu stack up. Airtel reported an ARPU of Rs 193 in Q3, FY23 with the widening of its 4G customer base

Cloud computing, virtual networks, fibre rollout to check call drops: HCL. Cloud computing-based telecom network with virtualization of its various elements and rollout of optical fibre network closer to the homes will be able to help solve call drop problem in India, a senior HCL Technologies officer said here. While speaking wi

Google's non-compliance will hit us hard, lament leading Indian startups. Leading startups gathered under one roof to brainstorm on implications of Google's User Choice Billing system, saying Google's non-compliance with CCI orders will only harm the startup ecosystem

Apple breached antitrust law in Spotify case, says European Commission. The European Commission updated its anti-trust case against Apple, sending a fresh statement of objections to the tech giant clarifying its concerns over App Store rules for music streaming providers

RPSG Capital Ventures expands D2C portfolio, invests in oral care brand. RPSG Capital Ventures on Tuesday announced USD 2.5 million in an oral care brand to expand its consumer D2C portfolio. A part of the diversified RPSG Group, RPSG Capital Ventures is an early-stage consumer VC fund and the investment in the growing oral car

Tata Power Renewable board okays allotment of 200 mn shares to GreenForest. Tata Power on Tuesday said the board of its arm Tata Power Renewable Energy has approved allotment of 20 crore preference shares worth Rs 2,000 crore to GreenForest New Energies Bidco. "Board of Directors of Tata Power Renewable Energy Ltd (TPREL), a subsi

Will be able to raise the targeted billion, says Vedanta Resources. Will be able to raise targeted bn, says company

Asian Development Bank agrees for funding Rs 1,311.20 cr tourism projects. The Asian Development Bank (ADB) has agreed in principle to provide Rs 1,311.20 crore under phase-1 of the proposed infrastructure development investment programme, Chief Minister Sukhvinder Singh Sukhu said on Tuesday. The State Government has been laying

TCIL enters into pact with BSNL for captive non-public network services. Telecommunications Consultants India Ltd (TCIL) has entered into an agreement with Bharat Sanchar Nigam Ltd (BSNL) for the provision of Captive Non-Public Network (CNPN) Services to enterprise customers. With its experience of field deployment of mobile te

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