NSE share market NEWS tomorrow (27 February, 2023). NSE stocks in NEWS (tomorrow)
NSE share market NEWS tomorrow (27 February, 2023). NSE stocks in NEWS (tomorrow) These are NSE stocks which will be in NEWS tomorrow as on 27 February 2023
Macrotech Developers was amongst the top gainers, currently trading at 807.75 in NSE with 3.08 times change in volumes and 12.25% change in price. Other gainers included Tube Invest with 4.29% price change and 2.301 times volumes, Bank Baroda with 2.846% price change and 1.285 times volumes, Icici Bank with 1.989% price change and 1.749 times volumes, and Power Grid with 1.93% price change and 1.811 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.
Adani Enterprises was amongst the top losers, currently trading at 1193.50 in NSE with 1.176 times change in volumes and -9.284% change in price. Other losers included Mphasis with -7.193% price change and 4.053 times volumes, Bajaj Auto with -5.457% price change and 3.12 times volumes, Kaynes Technology with -5.134% price change and 1.453 times volumes, and Adani Green with -4.995% price change and 0.751 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.
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
Delhi's plans to allow only electric bike taxis to impact millions: Uber. Uber Technologies Inc said 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"
CLoudSek finds 31,179 numbers impersonating as fake customer care helplines. Cyber intelligence firm CloudSEK on Friday said it has come across 31,179 phone numbers impersonating as customer care helplines for fraudulent activities. The company analysed the numbers and found that 56 per cent, or 17,285, of them were Indian phone nu
BBC does not have an agenda, says chief to staff in India after I-T survey. The BBC is not driven by an "agenda" but by purpose and will not be put off reporting impartially and without fear or favour, the UK-headquartered media organisation's chief has said days after the income tax department survey operation at its New Delhi an
Telecom tycoon Sunil Mittal seeking a stake in Paytm, says report. Indian telecommunications tycoon Sunil Mittal is seeking a stake in Paytm by merging his financial services unit into the fintech giant's payments bank
Sri Lanka's body approves renewable energy projects of Adani group. Sri Lanka's investment promotion body has approved two renewable energy projects of India's Adani group to be set up in the north and eastern regions of the island nation at a total investment of USD 442 million. The wind power plant in Mannar will operate
Reliance Retail fills GAP: US brand opens its own store in Mumbai. In 2014, GAP had entered India with Arvind Fashions through a franchisee agreement and then parted ways with the latter in 2020
Microfinance portfolio jumps by 26% in December quarter, says report. Microfinance portfolio for lenders grew 26 per cent to more than Rs 3.24 lakh crore at the end of the December quarter, an industry body said on Friday. The micro credit portfolio for all the lenders combined together stood at Rs 2.56 lakh crore in the yea
Comviva focusing on 'martech' vertical in India: CEO Manoranjan Mohapatra. Martech describes the software end functions marketers use to optimise their marketing efforts
Startup GoMechanic announces turnaround in core business in January. Automobile after-sales service startup GoMechanic on Friday announced a turnaround in its core business in January. The company, which admitted to errors in financial reporting last month, said it serviced 30,000 vehicles last month, which is 70 per cent o
Adani Group has sought 94,000 sq mt land for SEZ, township, says Gujarat CM. The Gautam Adani group has sought 94,000 square metres of 'gauchar' (grazing land) and non-arable land from the Gujarat government to build a township and special economic zone, the state Assembly was informed on Friday. Responding to a query raised by Aam
Sunil Mehta resigns as Adani Green Energy director, to join IndusInd Bank. Adani Green Energy (AGEL) on Friday said that its director Sunil Mehta has resigned to avoid any conflict of interest following his appointment as Chairman of IndusInd Bank. "Sunil Mehta has informed the company that pursuant to RBI approval, he has been a
Adani Power promised to supply power in reduced price to Bangladesh: Report. India's Adani Power on Thursday promised to supply electricity to Bangladesh at a reduced price keeping consistent with the generation cost in the country's existing coal-fired plants. The Adani will import the coal for its plants at the same price the Ban
Alstom, Hyderabad-based Medha Servo Drives in race for Vande Bharat tender. The technical bids were opened on Thursday and financial bids are expected to be invited soon
Adani group to hold fixed-income investor roadshow in Asia next week. The group is boosting outreach to investors after its bonds and stock slumped following a critical report from short-seller Hindenburg Research published last month
Huge opportunity for other Indian retail brands in America: Tanishq. A month after opening its first American outlet, Tanishq, India's leading jewelry retail brand from the house of Tata, feels that the United States offers huge opportunities for not only itself but also for other Indian retail brands as well. This is mainl
Zee Entertainment insolvency: NCLAT to hear Punit Goenka's appeal today. Goenka had appealed the NCLT's decision to allow IndusInd Bank to file for insolvency proceedings against Zee
LIC's investment in Adani Group stocks now stands close to cost: Report. On January 30, the country's largest insurer had said that it had Rs 26,000 crore of gains in the Adani Group stocks, now this stands at just over Rs 3,000 crore
Adani Total to start operations at LNG terminal in Dhamra by mid-June. Adani Total Private Ltd will receive its first LNG cargo at the Dhamra terminal on India's east coast in April and expects to start commercial operations 30 to 45 days after receiving the shipment
Wealth of prosperous Asians to reach .7 trillion by 2026: McKinsey report. A McKinsey analysis has revealed that the wealth pool of this group is projected to hit .7 trillion by 2026, up from .7 trillion in 2021, thanks to the rise in their incomes
Merger with Sony will get stuck on insolvency proceedings, says ZEEL. The comments came as Zee's chief executive, Punit Goenka, on Thursday said in a statement that he expected a timely completion of a merger between Zee and Sony
NCLAT stays insolvency proceedings against Zee; final hearing on March 29. The move came after Punit Goenka, chief executive of Zee, challenged the insolvency proceedings against the company
Fullerton India's total disbursals jump 41% in 9MFY23, AUM rises 34%. Speaking on the overall performance, the management said that the company's performance in FY22 and 9MFY23 reflected deep commitment to customers
NCLAT stays insolvency against Zee Entertainment on Punit Goenka plea. Company's MD & CEO says he remains committed to merger with Sony; next hearing on March 27
Bullet train is national project, says SC declining Godrej's plea. The top court said if any application for enhancement of compensation is filed, it should be decided within six weeks
Amazon to integrate its logistics and SmartCommerce offerings on ONDC. This will be Amazon's first collaboration with ONDC; firm says it will continue to explore scope for stronger integration between the two in the future
SpiceJet Q3 profit surges five-fold to Rs 107 crore as air travel grows. India's SpiceJet Ltd reported a nearly five-fold surge in third-quarter profit on Friday, as the embattled low-cost carrier benefited from soaring demand for air travel
Maruti will have six EVs by 2030, working to bring down battery costs. Senior exec says cost of acquisition is a key factor impeding EV adoption in India
To boost digital strategy and growth, Qualcomm collaborates with Adobe. With a focus on boosting its digital strategy, chip maker Qualcomm on Friday collaborated with Adobe to deepen customer relationships
Air India to add 4,200 cabin crew, 900 pilots after record aircraft deal. Air India has planned to hire over 4200 cabin crew trainees and 900 pilots in 2023 as the airline adds new aircraft and rapidly expands its domestic and international operations
Air India to hire 900 pilots, 4,200 trainee crew to support growth plans. At present Air India has 115 aircraft. This calendar year it will receive six Airbus A350s and 25 Boeing 737 Max planes; will also take 36 aircraft on lease
NTPC pays Rs 4,121.08 crore as interim dividend to shareholders for FY23. State-owned NTPC Ltd has paid an interim dividend of Rs 4,121.08 crore to its shareholders for the financial year 2022-23. The dividend paid is 42.50 per cent of the paid-up equity share capital of the company, NTPC Ltd said in a statement on Friday. "NTPC
Reliance opens its first store in partnership with Gap Inc. in Mumbai. Reliance Retail is the official retailer of Gap across all channels in India, the company said in a press release
Not just Galaxy S23, Samsung working to offer a range of devices in India. Not just Galaxy S23 series, engineers and researchers at Samsung R&D Institute Bangalore (SRI-B) are working on creating multi-device experiences between personal home and open ecosystem devices for Indian consumers, its top executive has said.
SpiceJet posts Rs 110 crore Q3 profit after three quarters of huge losses. Airline says "air travel has come roaring back"; is in talks with banks to raise Rs 763.9 cr under ECLGS scheme
Merger with Sony will get stuck in insolvency proceedings: Zee group. India's Zee Entertainment Enterprises Ltd told a tribunal on Friday its merger with a local unit of Japan's Sony Group Corp will "get stuck" due to the initiation of insolvency
Adani Power subsidiary APML terminates MoU for Maha land with Orient Cement. Adani Power on Friday said its subsidiary APML and Orient Cement have decided to terminate a pact signed between the two entities for utilisation of a parcel of land in Maharashtra. The pact, which was signed in September 2021, had a validity period of six
Apple orders OLED panels from Samsung, LG for upcoming iPad Pro models. Tech giant Apple has reportedly ordered OLED panels from LG Display and Samsung for its upcoming iPad Pro models, which are expected to launch next year
Ignis car costlier as Maruti Suzuki hikes prices by up to Rs 27,000. Maruti Suzuki India on Friday said it has increased prices of its premium compact model Ignis by up to Rs 27,000 (ex-showroom Delhi) with the addition of new features. The model is now being equipped with electronic stability programme (ESP) and Hill Hold
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