NSE share market NEWS tomorrow (28 February, 2023). NSE stocks in NEWS (tomorrow)
NSE share market NEWS tomorrow (28 February, 2023). NSE stocks in NEWS (tomorrow) These are NSE stocks which will be in NEWS tomorrow as on 28 February 2023
Adani Enterprises was amongst the top gainers, currently trading at 1363.85 in NSE with 3.305 times change in volumes and 14.273% change in price. Other gainers included Jsw Energy with 12.677% price change and 12.117 times volumes, Yes Bank with 6.402% price change and 2.249 times volumes, Bank India with 5.904% price change and 0.666 times volumes, and Adani Ports with 5.418% price change and 2.989 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.
Vedanta was amongst the top losers, currently trading at 268.35 in NSE with 4.802 times change in volumes and -6.612% change in price. Other losers included Rail Vikas with -6.204% price change and 2.481 times volumes, One 97 with -5.96% price change and 0.969 times volumes, Inox Wind with -5.486% price change and 0.817 times volumes, and Cipla with -4.61% price change and 3.907 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.
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
NTPC transfers 15 renewable energy assets to NGEL for Rs 10,000 crore. Power giant NTPC on Tuesday said it has completed the transfer of 15 renewable energy assets to NTPC Green Energy Ltd (NGEL) for a consideration of Rs 10,066.99 crore. Besides, the company has transferred its entire stake in NTPC Renewable Energy to NGEL
NCLT admits insolvency plea against Sintex Plastics Technology Ltd. The National Company Law Tribunal (NCLT) has admitted the insolvency plea against Sintex Plastics Technology Ltd (SPTL), a leading maker of water storage tanks and plastic-based interiors. The Ahmedabad bench of NCLT admitted the application filed by its F
Integrated Core Strategies (Asia) buys Biocon shares worth Rs 185 crore. Integrated Core Strategies (Asia) Pte on Tuesday bought shares of biopharmaceutical company Biocon for Rs 185 crore through an open market transaction. According to the bulk deal data available with the National Stock Exchange (NSE), Integrated Core Strate
Adani group to repay 0 million share-backed loans, says report. Adani Green Energy also plans to refinance its 2024 bonds via an 0 million, three-year credit line, said the people, who declined to be identified as they were not authÂÂorised to speak with media
NHPC's Rs 32k-cr hydel project near China border gets Centre's approval. The approved investment includes Rs 6,720 crore of government support for flood moderation and enabling infrastructure, such as roads and bridges connecting the construction site
CoC rejects Rs 600 crore fund infusion into Reliance General Insurance. The insurance company had asked for the fund infusion citing solvency margins
Singapore Airlines to get 25.1% stake in enlarged Air India group. The November 2022 deal will inject a further SGD 360 million (7 million) into Air India; this agreement is still subject to regulatory approval
Top headlines: Apple creates new jobs, India's derivate bond trade at risk. Business Standard brings you the top headlines at this hour
No refinancing, capital plans at HK roadshow, says Adani Group CFO. When asked "Are you looking to refinance any debt?" on the sidelines of the Hong Kong roadshow Tuesday, Singh said: "No, we don't have anything major at all"
High airfares are here to stay after post-pandemic boom: AirAsia CEO. "It's not high prices, it's real prices," Fernandes said. "I think the fares you're seeing now are really what you should have seen in 2019 as well"
Adani Group to repay up to 0 mn share-backed loans by March: Reports. Adani Green Energy also plans to refinance its 2024 bonds via a 0 million, three-year credit line, said the sources, who declined to be named
Income-Tax Dept conducts searches at real estate firms in Hyderabad. About 20 teams of I-T officials were conducting the simultaneous searches at the offices of Wonder City, Royal City and other companies
Chennai's startup Atsuya Technologies named 'Great Place to Work'. Great Place to Work surveys companies globally and conducts research on the characteristics of great workplaces
Court orders jail for 2 Maiden Pharma execs for exporting substandard drugs. The company has denied its drugs were at fault for the deaths in Gambia and tests by an Indian government laboratory found there were no toxins in them
Apple supplier Foxlink unlikely to resume full India ops for 2 mths: Report. The facility in India's Andhra Pradesh state, where Foxlink makes charging cables for iPhones, was engulfed in a massive fire on Monday that led part of the building to collapse to the ground
Fintech firm Cashfree acquires Zecpe to strengthen its D2C Payments Suite. This acquisition will also enable Cashfree Payments to offer additional value-added services like Return to Origin (RTO) reduction, fraud detection, and address pre-filling, among others
Apple Inc's suppliers racing to exit China, says AirPods maker GoerTek. AirPods maker GoerTek Inc. is one of the many manufacturers exploring locations beyond its native China, which today cranks out the bulk of the world's gadgets from iPhones to PlayStations
Reliance Jio 5G to reach every Indian by December 2023: Akash Ambani. Ambani said that the 5G technology will have a profound impact on India's economy and will make our cities smarter, society safer, and utilities more stable
Bharti Airtel to hike mobile services rates across all plans this year. Bharti Airtel is looking to raise mobile phone call and data rates across all plans this year, telecom firm's Chairman Sunil Bharti Mittal said here. The company last month increased the price of its minimum recharge or the entry-level for the 28-day mobil
Rebel Foods to run American burger giant Wendy's restaurants in India. With this, Rebel Foods will retain its position as world's largest internet restaurant firm and will become the only cloud kitchen player in India to scale a large global QSR brand
New Delhi city warns Uber, Ola on use of bike taxis, says official. As of Tuesday, bike taxis continue to be available for booking on Uber and Ola apps in New Delhi.
New iPhone SE 4 may have 6.1-inch OLED display, Apple's 5G baseband chip. Apple has reportedly restarted development of the iPhone SE 4 smartphone, which will feature a 6.1-inch OLED display and in-house 5G baseband chip
With new tagline, Pepsi ropes in Ranveer Singh as its new brand ambassador. Cola brand looking to add female brand ambassador
CynLr launches research hub for vision, intelligence and robotics. The hub is called Cybernetics H.I.V.E. and can accommodate 16 robot research cells
Norway sovereign fund raised Ambani bets ahead of Adani Group exit. Overall India bets have nearly doubled since pandemic began
Infosys starts pvt 5G-as-a-Service to drive business value for enterprises. Indian IT services major Infosys on Monday announced the roll-out of private 5G-as-a-Service to drive business value for its enterprise clients globally. Infosys' wireless 5G expertise and its private network management solution ensure high bandwidth, low
Nine Adani firms end lower; group's combined mcap falls to Rs 6.81 trn. Stocks of nine out of ten listed firms of the Adani Group closed in the red on Monday, with the flagship Adani Enterprises tumbling over 9 per cent as investors continued to desert the counters. The conglomerate, whose business interests span from sea-port
Air India's premium avatar by mid-2024; Maharaja stays: CEO Wilson. Airline to speed up 0-mn cabin refurbishment, says CEO
SpiceJet debt recast: Carlyle Aviation to pick up 7.5% stake in airline. SpiceXpress, the cargo business, to be hived off into separate unit
NSE withdraws decision to drop Zee Entertainment from F&O segment. NSE said post the NCLAT order, ZEEL will move out of IBC framework, hence the surveillance action in the stock shall be reverted and the F and O contracts with May 2024 will be available
HC asks Centre to decide on attaching DMRC's assets for payment to RInfra. The court also made it clear that if the Centre refused the sanction, it has to disclose the reasons for the same, so that the Court could take a view thereon
Wipro announces new global business line model to meet client priorities. Wipro Ltd on Monday announced four strategic global business lines as it looks to deepen alignment with clients' evolving business needs and tap emerging opportunities in high-growth segments of the market. The new model sharpens focus on strategic growth
SAIL-Bhilai receives special quality plates order in Chhattisgarh. The company is also executing export orders for an additional volume of around 10,000 tonnes of plates, which is likely to be completed in February
In a month, LIC stock down 15%, out of top 10 in market capitalisation. The state-owned insurer's market value is now down Rs 2.4 trillion, or 40 per cent, compared to initial public offering levels
Private equity firms Bain, KKR, Nibe Vie for .3 bn Fujitsu unit stake. Bain Capital and KKR & Co. are among the suitors selected for next round of bidding for Fujitsu Ltd.'s majority stake in its AC manufacturing unit, according to people familiar with the matter
Return on capital very low, expects tariff hike: Bharti Airtel chairman. The Return on capital in the telecom business is very low and a tariff hike is likely to be the mid of this year, Bharti Airtel chairman Sunil Bharti Mittal said here on Monday. While responding to a PTI query at the Mobile World Congress, Mittal said that
Triveni Glass to invest Rs 1,000 cr in Andhra Pradesh for solar glass plant. Triveni Glass Ltd will invest Rs 1,000 crore to set up a 840 metric tonnes per day capacity solar glass manufacturing plant in Andhra Pradesh, the government said on Monday. The glassmaker will set up the plant at Pangidi in East Godavari district, which w
SpiceJet's 0 mln debt rejig: Carlyle Aviation to buy stakes in airline. In a move that will help reduce its debt by USD 100 million, cash-strapped SpiceJet on Monday announced that Carlyle Aviation Partners will acquire a 7.5 per cent stake in the airline by converting outstanding dues as well as snap up shareholding in the ca
VIL allots 12,000 optionally convertible debentures to ATC Telecom Infra. Vodafone Idea Ltd (VIL) on Monday said it has allotted 12,000 optionally convertible debentures to ATC Telecom Infrastructure. The balance 4,000 debentures will be allotted on receipt of application form and subscription money and due intimation of the sam
Adani-Hindenburg saga: A world tour seeks to win back debt investors' faith. A dozen global banks will help host the investor meetings at Singapore's Capitol Kempinski hotel. The conglomerate will then hold meetings in Hong Kong at Barclays Plc office on Tuesday and Wednesday
Adani in talks for 0 mn debt against Australian coal port assets: Report. North Queensland Export Terminal, which is controlled by Adani family trust, is being considered to raise funds for the group, according to the report on Monday, citing sources aware of fundraising
Centre to ask HZL to go for share swaps, warrants for .98 bn Vedanta deal. On January 19, the board of HZL approved the acquisition of zinc assets of THL Zinc Ventures, a subsidiary of Vedanta Ltd
Zomato approaches restaurants to hike commission charges by 2-6%: Report. For the past two years, Zomato has been charging 18-25 per cent commission per order for deliveries
Dr Reddy's acquires Mayne Pharma's USA prescription portfolio for 5 mn. The acquisition will complement DRL's US retail prescription pharmaceutical business with limited competition products
Granules gets USFDA nod to market generic medicine for high blood pressure. Drug firm Granules India on Monday said it has received approval from the US health regulator to market a generic product to treat high blood pressure. The company has received approval from the US Food & Drug Administration (USFDA) to market Losartan Pota
Fraudsters hit LinkedIn with recruitment scam wave amid layoffs: Report. The platform has sought to block tens of millions of fake accounts in recent months, as regulators warn of a spike in job-related frauds
SpiceJet approves slump sale of cargo biz, raising Rs 2,500 cr via QIB. SpiceJet has also decided to buy AS Air Lease in the settlement with aircraft lessor Castlelake
Bharti Airtel crosses 10 million unique customer mark on 5G network. Telecom operator Bharti Airtel on Monday announced that it has crossed the 10 million unique 5G user mark on its network. In a statement, the company said it is well poised to cover every town and key rural areas with Airtel 5G services by the end of March
MFIs' net profit more than doubles in Q3 on buoyant interest income. The interest income expanded by 25% YoY to Rs 2,414 crore and sequentially, it rose 9.7% from Rs 2,201 crore in Q2FY23
Air India has 'enormous' potential, efforts on to make it intl player: CEO. Air India has "enormous" potential and efforts are on to make the group a significant international player, its CEO Campbell Wilson said on Monday. Addressing the media virtually, Wilson further said the process of integration of Vistara with Air India is
Telcos' demand for 'usage charge' from OTTs fair: COAI hits back at IAMAI. The COAI said that there seems to be a lack of appreciation of the fact that net neutrality pertains to non-discriminatory treatment of content which has no nexus to the usage fee issue
Income Tax dept concludes raids at premises of Uflex after 6 days. Tonnes of documents, 120 hard disks and 50 diaries containing information related to bogus transactions have been recovered during the raids
Essar to invest .6 billion to drive UK's low- carbon energy transition. Group says investment will help reduce 3.5 mn tonnes of carbon dioxide in North West England
Air India's order for 470 aircraft will be worth billion: CEO Wilson. Campbell Wilson added that the process of integration of Vistara with Air India is underway and is now awaiting approval from regulatory bodies
NCLAT upholds Adani bid; asks Shapoorji Pallonji to pursue arbitration. The National Company Law Appellate Tribunal (NCLAT) has upheld the 2019 Resolution Plan of Adani Power's bid for Korba West Power and has asked Shapoorji Pallonji & Co to pursue arbitration proceedings for pending claims. A two-member NCLAT bench said "the
DoT to approve Vodafone Idea's third quarter payment plan soon: Report. Vi had earlier submitted a payment plan as it has paid only 10 per cent of the dues for the period
India Inc's profit margin narrows in Dec quarter on high inflation: Icra. India Inc's operating profit margin narrowed by a sharp 2.37 per cent in the December quarter to 16.3 per cent on an annual basis due to inflation and rising energy costs, a domestic ratings agency said on Monday. When viewed sequentially, the operating pr
Edtech firm PhysicsWallah announces joint venture with Utkarsh Classes. Edtech firm PhysicsWallah has inked a long-term agreement to form a joint venture with Jodhpur-headquartered Utkarsh Classes, according to a statement. With this venture, the companies plan on leveraging each other's core competencies to deliver value-addi
JPMorgan Chase & Co investment arm purges its ESG funds of Adani stocks. BlackRock, DWS among firms still in Adani via MSCI ESG indexes
Adani rebuffs report of 0 mn fundraise against Australian assets. Australia's corporate regulator earlier this month said it will review the report that has flagged a wide range of concerns about the group led by billionaire Gautam Adani
Nissan raises global electrified car sales targets; to boost US input. Nissan now aims to have electrified vehicles - which include its advanced hybrid e-power cars - make up over 55% of global sales by fiscal 2030, up from a previous goal of 50%
Gautam Adani isn't the only Indian tycoon in trouble. Look at Vedanta. With Adani scandal putting Modi govt under heightened scrutiny about entanglement of public purpose with private profit, Vedanta's top priority should be to stay out of the headlines
Top headlines: Modi, Scholz discuss ties; Ant Group to pare stake in Paytm. Business Standard brings you the top headlines at this hour
SC notice to CBI on Piramal Capital & Housing Finance plea to quash FIR. The PCHF contended that it cannot be saddled with the offences allegedly committed by the previous management prior to the initiation of the insolvency proceedings
AI vs humans: Some companies begin replacing employees with ChatGPT. Companies that use ChatGPT said they saved money using the AI tool, with 48 per cent saved over ,000 and 11 per cent saved over 0,000, according to a report in Fortune
Mahindra Lifespace aims for Rs 500 cr revenue in industrial segment by 2025. In the residential segment, the company has set a target of increasing the annual sales of Rs 2,500 crore by 2025, from around Rs 1,000 crore last financial year
Indian Energy Exchange to launch High Price Day Ahead Market segment. Indian Energy Exchange has planned to launch the High Price Day Ahead Market segment by mid March, which will facilitate electricity generating firms to sell power at a price as high as Rs 50 per unit. Earlier this month, the Central Electricity Regulatory
IOC to set up green hydrogen plants at all refineries; lines up Rs 2 trn. India's top oil firm IOC will set up green hydrogen plants at all its refineries as it pivots a Rs 2-lakh crore green transition plan to achieve net-zero emissions from its operations by 2046, its chairman Shrikant Madhav Vaidya said. Indian Oil Corporatio
No plans to launch REIT public offer in next 12 months, says DLF CEO. Real estate major DLF has no plans to launch public offer of REIT in the next one year to monetise its rent-yielding commercial properties, its CEO Ashok Tyagi said. DLF holds bulk of its rental assets (offices and shopping malls) through joint venture fir
OYO urges govt to probe into functioning of hotel association's committee. Travel tech platform OYO on Sunday said it has requested the tourism ministry to probe the functioning of Federation of Hotel & Restaurant Associations of India (FHRAI) and order eviction of the "erring" executive committee members. The representation by O
India's Enron Moment? Gautam Adani slips to No 30 among the top rich. Gautam Adani was the world's third and Asia's richest man a month back but a damning report by a US firm triggered a massive sell-off in shares of his apples-to-airport group, plunging his own wealth by USD 80 billion and the tycoon slipping to No.30 on th
IndiGo, Go First face P&W engine headwinds; over 50 planes on ground. More than 50 planes of IndiGo and Go First are on the ground due to Pratt & Whitney engine woes amid persisting supply chain headwinds, forcing airlines to explore wet leasing of aircraft and other options to minimise disruptions, according to officials. T
Titan to more than double Zoya luxury store counts, top-line by FY27. Zoya, the luxury jewellery brand from the house of Titan, is looking to more than double its revenue as well as the store count over the next three years from what it has done all through its 14-year history. Since its launch in 2009, Zoya has become a Rs
More value to be discovered, NCLT has usurped powers of CoC: Reliance. The lenders of Reliance Capital have submitted before the National Company Law Appellate Tribunal (NCLAT) that the Committee of Creditors (CoC) of the corporate debtor Reliance Capital Ltd
New platforms less compliant on mandatory display of details online: survey. Findings of the LocalCircles study escalated to Dept of Legal Metrology for further review and corrective action
OYO asks govt to probe FHRAI's 'illegally-run' executive committee. Claims committee's actions hurting small hotel owners; constant friction with organised players discouraging SMEs and entrepreneurs from moving ahead with the times and with technology
Google layoffs have nothing to do with performance: Sacked Indian employee. Even as tech giant Google continues to cut down staff, a sacked Indian employee stated that the layoffs are not based on performance
Half of Myntra's beauty product orders now come from Tier-2 and 3 cities. The Walmart-owned fashion retailer is scaling up its operations to tap the BPC market, which is expected to grow billion by 2028
Nokia changes iconic logo for 1st time in 60 years, signals new strategy. The iconic blue color of the old logo has been dropped for a range of colours depending on the use
Delhi govt's decision to allow electric bike taxis to hit thousands: Uber. Uber Technologies Inc said on Friday plans by the local government in India's Delhi city to only allow electric vehicles to function as bike taxis would risk finishing off the sector
ED attaches assets worth Rs 305.84 crore of Joyalukkas Pvt Ltd under FEMA. Directorate of Enforcement (ED) has attached assets worth Rs 305.84 crore of a private firm under section 37A of the Foreign Exchange Management Act, 1999 for violation of section 4 of the Act.
Jack Ma-backed Ant Group plans to pare stake in Vijay Shekhar's Paytm. The Chinese fintech giant has been discussing options to reduce its stake in One 97 Communications Ltd. after its share percentage increased passively due to share buybacks
Murugappa Group's EV arm TI Clean Mobility to raise Rs 3,000 crore. TCM has already unveiled its passenger three-wheeler electric vehicle, the sales of which are expected to grow over the next few quarters
Mahindra Racing withdraws from Formula E due to rear suspension concerns. In a major setback to its championship hopes, Mahindra Racing on Saturday withdrew from the Formula E race here on Saturday due to safety concerns over rear suspension. Mahindra made the decision during the qualifying ahead of the Cape Town E-Prix, and fol
Uber says unfeasible EV mandates risk finishing off bike taxi sector. As Delhi govt mulls regulatory framework that will likely allow only EVs to function as bike taxis, Uber urged to initiate an industry dialogue so that one can arrive at joint path to electrification
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