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NSE share market NEWS tomorrow (23 February, 2023). NSE stocks in NEWS (tomorrow)

NSE share market NEWS tomorrow (23 February, 2023). NSE stocks in NEWS (tomorrow) These are NSE stocks which will be in NEWS tomorrow as on 23 February 2023

Bharat Dynamics was amongst the top gainers, currently trading at 970.00 in NSE with 3.921 times change in volumes and 5.172% change in price. Other gainers included Inox Wind with 4.854% price change and 0.788 times volumes, Indus Towers with 4.595% price change and 2.543 times volumes, Rail Vikas with 4.414% price change and 1.753 times volumes, and Abb Power with 3.516% price change and 3.38 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.

Macrotech Developers was amongst the top losers, currently trading at 805.85 in NSE with 2.779 times change in volumes and -5.082% change in price. Other losers included Adani Green with -5% price change and 0.26 times volumes, Idea Cellular with -4.286% price change and 2.128 times volumes, Asian Paints with -3.219% price change and 3.086 times volumes, and Indian Rail with -2.745% price change and 1.29 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.

ONGC to invest bn in Mumbai offshore to raise oil, gas output. India's top oil and gas producer ONGC will invest over USD 2 billion in drilling a record 103 wells on its main gas-bearing asset in the Arabia Sea as it pivots a turnaround plan that will add 100 million tonnes to production, a company official said. Oil

IPO-bound Swiggy announces Dineout offerings for all users across 24 cities. The firm's quick commerce arm, Instamart, is currently operational in over 25 cities, and Genie - its pickup and drop service - is available in 68 cities

Niva Bupa Health Insurance launches health insurance plan 'ReAssure 2.0'. Niva Bupa Health Insurance on Thursday announced the launch of health insurance policy 'ReAssure 2.0'. The first of its kind indemnity plan offers lock-in of entry age until a policyholder makes his/her first claim, thereby helping customers save on premiu

Zee's Goenka moves NCLAT to challenge admission of bankruptcy proceedings. Zee Enterprises' managing director and chief executive Puneet Goenka on Thursday moved appellate tribunal NCLAT challenging the order of the National Company Law Tribunal which admitted an IndusInd Bank plea for insolvency proceedings against the firm. The

Zee shares tumble over 14% intra-day; recover most of lost ground at close. Shares of Zee Entertainment Enterprises Limited (ZEEL) tumbled over 14 per cent in intra-day trade after the National Company Law Tribunal admitted an IndusInd Bank plea for insolvency proceedings against the media firm. The stock tanked 14.23 per cent to

Zee Entertainment insolvency: CEO Punit Goenka moves NCLAT for relief. Says taking all necessary steps to protect interest of stakeholders and achieve timely completion of proposed merger with Sony

Half of Indian firms may offer double-digit salary hikes in 2023. Of the 1,400 companies surveyed across 40 industries, 46% of organisations are expected to give double-digit salary increases in 2023

JPMorgan Chase restricts its employees from using AI chatbot ChatGPT. US financial services major, JPMorgan Chase, has restricted employees from using ChatGPT, developed by OpenAI, as the buzzy AI chatbot explodes in popularity

Fitch affirms Adani Transmission restricted group's notes at 'BBB-'. No direct impact of alleged malpractices at group on Credit assessment

Android case: CCI's Rs 1,337 crore fine unreasonable, Google tells NCLAT. The tech giant also said CCI itself had recognised that Google's Mobile Application Distribution Agreement (MADA) was beneficial to Original Equipment Manufacturers (OEMs)

Google disobeying CCI orders blatantly: Digital start-up thinktank. The CCI in October 2022 directed Google to make significant changes to its Play Store policies after it found several anti-competitive practices on the platform

EY Entrepreneur of the Year 2022 award goes to Sajjan Jindal. A press statement by EY noted that Jindal is making a fast transition to renewable energy through acquisitions as well as decarbonizing the value chain

Asset reconstruction companies set to grow 10% this fiscal: Report. The asset reconstruction industry is set to clock the best growth this fiscal as their asset under management is expected to increase by almost 10 per cent to Rs 1.1 lakh crore, a report said on Thursday. The 29-player ARC (asset reconstruction company) in

NSE removes Zee Entertainment from F&O segment post insolvency fallout. "No fresh month contracts will be issued on the expiration of February 2023 contracts," the exchange says in a circular

Disney-Star, Sony, Zee agree to switch on cable signals after standoff. This had triggered the spat between cable operators and broadcasters, with the former saying that the channel price hike would be exorbitant, while the latter saying it was not more than 5-15%

Tata team arrives for inspection after BEST took 400 CNG buses off road. Mumbai's civic transport body BEST on Thursday said the nearly 400 CNG-run buses which were taken off roads after three recent incidents of fire will be back in service only after a written assurance of safety is received from manufacturer Tata Motors. A t

No plans to shut down WhiteHat Jr, merely optimising it: Byju's. Last year, Byju's laid off about 600 employees at its group companies - WhiteHat Jr and Toppr

No link between use of ranitidine and cancer risk: Nature study. Ranitidine has been in existence for over four decades and has been on the WHO list of essential medicines for several years

Adani's older brother plays opaque, powerful role at embattled dynasty. Vinod Adani, through several close associates, manages a vast labyrinth of offshore shell entities," the report said identifying entities in Mauritius, Cyprus, the United Arab Emirates

Fresh blow to Adani after Wikipedia claims entries on group manipulated. In its report, The Signpost alleged that over 40 sock puppets or undeclared paid editors created or revised 9 articles on the Adani family and their businesses

Tata Motors in talks to raise bn via stake sale in EV business: Report. Indian carmaker, Tata Motors has begun discussions with soverign wealth funds and private equity investors to sell a significant minority stake in the company's electric vehicle division

Hindenburg fallout: Adani Group decreasing exposure to Indian banks. Of all the debt the Adani Group has, over half is foreign debt in the form of overseas bonds and loans taken from foreign banks, and a fourth is from domestic banks

Banks, bondholders to recover less from insolvencies under new proposal. Secured creditors, typically banks and bondholders, would continue to have first claim on proceeds of an insolvency resolution plan, but only up to the liquidation value of the corporate debtor

Wipro President Rajan Kohli resigns after nearly three decades: Report. Kohli was the president of Wipro's Integrated Digital, Engineering, and Application Services Business Line (iDEAS), and led a team of over 100,000 employees

Global media outlet NPR plans to lay off 100 employees as revenue declines. Global media outlet NPR plans to lay off about 10 per cent of its current workforce, about 100 employees, as its financial outlook has "darkened considerably over recent weeks."

How a new tax law has stumped Tata Trusts and top corporate donors. The Finance Bill proposes that if a charitable organisation donates to another charity then only 85 per cent of the donation will be considered as application of income for the donor organisation

Truckers transporting cement say Hindenburg report godsend in Adani dispute. For weeks, around 7,000 truck owners and drivers in India's Himachal Pradesh resorted to protest rallies against Adani's Dec. 15 decision to shut two cement plants over a dispute on freight rates

ESG reporting by Indian corporates has improved by 160%, shows research. Environmental, Social, and Governance (ESG) reporting by Indian corporates has improved by 160 per cent, CareEdge Research said

Olectra Greentech in partnership with Reliance unveils Hydrogen bus. Olectra Greentech in technical partnership with Reliance on Thursday unveiled a Hydrogen Bus, which is a carbon-free alternative to traditional public transportation. Olectra Greentech Ltd (OGL), a subsidiary of Megha Engineering and Infrastructures Ltd (M

IAMAI opposes demands to share revenue, pay compensation to telcos. COAI has been advocating for a model where online platforms are made to pay 'usage charges' to telecom operators

Match Group in talks with Shaadi.com for a possible partnership: Report. Match Group has a total market cap of .85 billion and owns brands including Tinder, Hinge, Match, OKCupid, Plenty of Fish, and OurTime

Ekart to offer warehousing services to brands, manufacturers and retailers. The end-to-end warehousing services by Ekart will include ready-to-use warehousing space, order management, integrated logistics, and inventory management

Indian footwear retailer Metro hiring up to 2,000 store workers, says CEO. The company, which had 720 stores as of end-2022 and nearly 4,000 employees overall, said last March it would add 260 new stores that sells brands such as Mochi, Walkaway and Metro

Adani Group Rout has room to run as charts show 85% call still valid. The rout in Adani Group shares has room to run based on charts that show key stocks in Gautam Adani's empire may still extend declines to the 85% downside flagged by Hindenburg Research

Vertex Hydrogen to supply over 1,000 MW of hydrogen to UK industries. Vertex Hydrogen is a leader in the energy transition, developing the UK's first large scale, low carbon hydrogen production hub at Essar's site in Ellesmere Port

Ride-hailing giant Uber rolls out biggest app redesign in years. The ride-hailing company said the new Uber app makes it way easier to book rides, taking into account the most preferred destinations and products for each rider

Bombay HC quashes money laundering case against Jet Airways founder, wife. In a huge relief for former Jet Airways Chairman Naresh Goyal and his wife Anita Goyal, the Bombay High Court on Thursday quashed the Enforcement Directorate (ED)'s case

NHLML, Jodhpur Discom to set up 11 solar power plants on expressways. The National Highways Logistics Management Limited (NHLML) and Jodhpur Discom have signed an agreement to set up 11 solar power plants at six places in a section of the Amritsar-Bhatinda-Jamnagar Expressway passing through Rajasthan. A Memorandum of Unders

Vodafone Germany, Tech Mahindra deepen partnership for enhanced service. Vodafone Germany's partnership with Tech Mahindra began in 2019 with focus on "transforming assisted sales experience"

Sri Lanka investment board approves 2-mn Adani Green wind power plants. Sri Lankans have been struggling with rolling powers cuts for over a year as the country struggled to generate sufficient amounts of thermal and coal power

Retail space demand to rise further, rents to surge 15% in 6 mnths: Experts. Retailers Association of India says retail market size is expected to touch trn by 2032; also, retail sales surpassed pre-pandemic and grew by 19% in 2022

Some relief for Khaitans as McLeod Russel gets interim stay in CIRP. Meanwhile, even as the appeal process is being pursued in NCLAT, the Khaitans are understood to be engaging with IL&FS for a settlement

IBS Software acquires Accenture Freight & Logistics team for unknown sum. Deal will boost IBS leadership as a tech provider to airfreight industry, is a strategic step towards helping establish the acquirer as an end-to-end player in global freight supply chain

Facebook-parent Meta planning more layoffs, to impact thousands: Report. Last year, the social media giant said it will let go of 13% of its workforce, or more than 11,000 employees, as it grappled with soaring costs and a weak advertising market

Delhi court sends notice to Dunzo for sexual harassment by delivery agent. Delhi's Consumer Disputes Redressal Commission issued notice to delivery company Dunzo for alleged sexual harassment by its delivery partner, who showed up drunk at a woman's address

Bill Gates buys minority stake in Heineken Holding NV for 2 million. Bill Gates has acquired a minority stake in Heineken Holding NV, the controlling shareholder of the world's second-largest brewer, for about 2 million

NCLT admits IndusInd Bank's insolvency petition against Zee Entertainment. The company is currently undergoing a merger with the Sony India which is pending with the regulatory authorities and the court

Amazon closes .9 billion acquisition of health company One Medical. Amazon said Wednesday it has closed its .9 billion acquisition of the primary care organization One Medical. The e-commerce giant has said the buyout, which was announced in July, is a key component of its growing health care business, which includes its

Orient Cement terminates MoU with Adani Power to set up unit in Maharashtra. Orient Cement entered into a MoU on September 24, 2021 with Adani Power Maharashtra Ltd (APML)

Why seek hearing of 2019 case against Adani now: High Court to SFIO. The Bombay High Court on Wednesday in jest remarked if the Serious Fraud Investigation Office (SFIO) has sought hearing of a 2019 case involving Adani Enterprises, its Chairman Gautam Adani and Managing Director Rajesh Adani now because of the scenario out

Start-ups, news publishers likely to join digital competition law panel. "The whole idea behind the law is to protect the startups and small businesses from abuse of dominance of the big tech"

Zomato unveils new 'Everyday' offering for affordable home-cooked meals. The new offering will provide meals starting at Rs 89 and is currently available in select areas of Gurugram only

Mukesh Ambani's conglomerate to stream IPL for free after paying .7 bn. Viacom18 Media Pvt., the joint venture between Paramount Global and Ambani's conglomerate Reliance Industries Ltd., licensed the IPL streaming rights last year for .7 billion

Musk continues to sack Twitter employees despite promise not to do so. Elon Musk is still laying off Twitter employees as dozens of workers across sales and engineering departments were laid off last week, including one of Musk's direct reporting executive

Fibe crosses Rs 10,000 cr in loan disbursals, eyes Rs 20,000 cr AUM by 2025. Launches upgraded app with conversational user interface as firm turns seven

Adani Ports repays Rs 1,500 cr to SBI Mutual Fund, Aditya Birla Sun Life. Adani Ports and Special Economic Zone has repaid Rs 1,500 crore loan and will repay another Rs 1,000 crore in commercial papers due in March. The Adani Group firm paid Rs 1,000 crore to SBI Mutual Fund and Rs 500 crore to Aditya Birla Sun Life Mutual Fund

Wipro salary cut for Turbo freshers raises alarm bells for Elite candidates. On February 21, Wipro asked the candidates hired under the Turbo programme at Rs 6.5 LPA if they would be interested to join the company at Rs 3.5 LPA

Vodafone inks new deal with Google on RCS messaging, Pixel devices. The agreement will allow Vodafone customers to enjoy rich new messaging experiences by leveraging Google Jibe Cloud to power Vodafone's use of Rich Communications Services (RCS)

Indian firms to generate 49% of revenue from digital infra by 2027: Report. Indian organisations are expected to generate as much as 49 per cent of the revenue from digitally connected products, services, and customer experiences by 2027, a report showed on Wednesday

Former Ranbaxy, DRL exec Rajeev Raghuvanshi appointed as new DCGI. Appointment comes at a time when India's pharma regulatory landscape is under the scanner

Allianz, Dunzo tie up to offer insurance to 20,000 delivery partners. Accident cover of Rs 5 lakh also includes OPD treatment in cases where hospitalisation is not required

BS Awards for Corporate Excellence: Power-packed jury to pick winners today. Chaired by K M Birla, the 8-member panel will select best in corporate India across 7 categories

Adani Transmission to announce debt refinancing plans in few weeks: Report. The company has no plans to raise additional debt for capital expenditure, which it plans to cover with operating cash inflows, the executives said, according to the source

Adani Group isn't India, but its troubles mirror the nation's woes. The target of Hindenburg Research's attack is the Adani Group, which aggressively marshaled capital from around the world into India's unmet aspirations

HSBC's pre-tax profit jumps 15.04% to .277 bn in India for 2022. Foreign lender HSBC on Tuesday reported a 15.04 per cent jump in its pre-tax profit from operations in India at USD 1.277 billion for 2022. The bank had reported a pre-tax profit of USD 1.11 billion from its operations in India, which continues to be fourt

GQG Co-founder Rajiv Jain is creating an investing empire in Florida. In 2022, when most asset managers watched clients yank cash from their funds as markets cratered, GQG thrived

Sapphire Foods to increase stake in Maldives-based GFIPL from 51% up to 75%. Sapphire Foods India Ltd (SPIL) on Tuesday announced to increase its stake in GIFPL to 75 per cent from the current 51 per cent Gamma Island Food Private Ltd (GIFPL) operates Pizza Hut and KFC restaurants in Maldives under franchisee agreements. "The Board

Usha International looks to close FY23 with around Rs 3,800 cr revenue. Consumer durable product maker Usha International is looking to close the current financial year with a revenue of around Rs 3,800 crore, said its CEO Dinesh Chhabra. As part of its strategy, the company is pursuing "profitable growth" across its segments

Edtech startup NxtWave raises mn, Greater Pacific Capital leads round. Nandan Desai, MD and Co-Head of India for GPC, to join NxtWave Board as part of deal; Existing investor Orios Venture Partners also invests in round

IPO-bound OYO looks to double number of premium hotels in India this year. The firm plans to add about 1800 premium hotels this year, with a focus on key business cities

E-commerce firm FreshToHome bags 4 mn amid long funding dry spell. Launched in 2015, FreshToHome operates in over 160 cities in India and the UAE. It offers more than 2,000 certified fresh and chemical-free products

World-class firms need world-class governance, says Sequoia India MD. Anandan also reiterated that if one has decided to do fraud then even the Big four audit firms can also not do much

Adani Transmission to announce debt refinancing plans in a few weeks. Adani Transmission will announce debt refinancing plans in a few weeks, executives said on Tuesday in an investor call, according to a source with direct knowledge of the matter

FreshToHome raises 4 million from Amazon Smbhav Venture, others. Startup FreshToHome, which sells fish meat and poultry products, has raised USD 104 million from Amazon Smbhav Venture Fund and other investors to expand business including opening up of 100 physical retail stores. Launched in 2015, FreshToHome operates in

Centre wants work on at least one semiconductor facility to start in 2023. So far, the Centre has received three applications for chip manufacturing in India

Adani Ports to prepay Rs 1,000 cr on commercial papers due in March. "This part prepayment is from the existing cash balance and funds generated from the business operations," the spokesperson said in an email response

Combined equity market value of 10 Adani Group firms slips below 0 bn. Billionaire Gautam Adani and his companies have hired legal and communication teams, cut expenses and repaid debt as they seek to calm traders concerned about the group's access to financing

Tech giant Microsoft working to launch new version of Teams next month. Microsoft will reportedly launch a new version of "Microsoft Teams" next month, to improve its system resource usage on PCs and laptops.

Ed-tech company NxtWave raises million to upskill Indian youth. Edtech company NxtWave on Tuesday said it has raised million in its latest fundraising round, led by Greater Pacific Capital (GPC), in its bid to upskill more youth in the country.

ACME, Japan's IHI Corporation tie up for business in green hydrogen. Clean energy firm ACME Group and Japan's heavy-industry manufacturer IHI Corporation have collaborated to explore business opportunities of green hydrogen. The intent of this Memorandum of Understanding (MoU) is to jointly study and evaluate potential proj

DMRC to handover feeder e-buses to Delhi govt from April onwards: Official. Delhi Metro will start handing over its fleet of 100 feeder e-buses to the city government from April, a senior official said on Tuesday. At present, these e-buses are running on six routes in the city. "The Delhi Metro Rail Corporation (DMRC) will handove

NTPC Green Energy to raise up to Rs 9,000 cr through rupee term loan. NTPC arm NTPC Green Energy Ltd (NGEL) has invited bids for rupee denominated term loan of up to Rs 9,000 crore. The bid document showed that NGEL intends to raise fresh debt and repay outstanding liability of Rs 8,200 crore towards NTPC by March 31, 2023 a

RoC to check GoMechanic's books amid allegations of irregularities: Report. According to the Companies Act, Section 264 (4), the RoC has the authority to conduct an inquiry into the affairs of a company in line with directions from the Ministry of Corporate Affairs (MCA)

Rajan Amba to take over as JLR managing director, succeeds Rohit Suri. Appointment comes at a time when JLR is facing supply chain issues hampering its production

Scrut Automation raises .5 mn in funding round led by MassMutual Ventures. IT startup Scrut Automation, which specialises in Governance, Risk and Compliance (GRC) automation, has raised USD 7.5 million in a funding round led by MassMutual Ventures, a top company official said on Tuesday. Scrut Automation CEO and Co-Founder Aayush

Intangles Lab raises million in funds from Baring Private Equity. Predictive analytics solutions provider Intangles Lab on Tuesday said it has raised USD 10 million in funding from Baring Private Equity Partners India for expanding its global presence and accelerate hiring. In the coming years, Intangles is looking to vi

EV charging revenue likely to exceed 0 bn globally by 2027. The global electric vehicle (EV) charging revenue is likely to exceed 0 billion by 2027, up from billion in 2023, a report showed on Tuesday.

Intangles raises mn in series A funding from Baring PE Partners. The funding will be utilised for serving a robust new customer pipeline, expanding global presence and accelerating hiring to augment product engineering, sales and delivery teams, Instangles said

Spicejet to consider capital raise amid losses, market share battle. Spicejet's market share slipped to 7.3% in January from 7.7% in December

MakeMyTrip experimenting with ChatGPT to boost customer experience. Global travel service provider MakeMyTrip is experimenting with AI chatbot ChatGPT to see if its integration can make customer experiences and their vacation planning better on the platform

Lupin Pharma launches Lurasidone Hydrochloride Tablets in US. The generic equivalent of Latuda tablets has been launched in the US markets

RCap Resolution: NCLAT concludes hearing, reserves order on lenders' plea. The National Company Law Appellate Tribunal (NCLAT) on Tuesday concluded its hearing and reserved its order over the petition filed by lenders of Reliance Capital seeking a second round of financial bids for the debt-ridden firm, presently going through th

Nation needs to embrace compassionate capitalism: Narayana Murthy. Touching upon the issue of layoffs, Murthy said that it seems to have become a worldwide phenomenon as several companies are indulging in it

SpiceJet board to consider fundraising to cover outstanding liabilities. SpiceJet on Tuesday said its board will meet on Friday to consider options to raise funds as well as to convert certain outstanding liabilities into equity shares of the company. The no-frills airline, which has been grappling with multiple headwinds, incl

India's TWS shipments register 85% growth in 2022, boAt leads: Report. India's TWS (True Wireless Stereo earbuds) shipments registered 85 per cent (year-on-year) growth in 2022, with boAt leading the market for the third time in a row, a new report showed on Tuesday.

Rishabh Instruments gets Sebi's nod for IPO, to be listed both on NSE, BSE. Rishabh Instruments, a global energy efficiency solution company, has received capital markets regulator Sebi's nod to mop-up funds through an initial public offering (IPO). The IPO comprises a fresh issue of equity shares aggregating up to Rs 75 crore and

Baring Private Equity India pays Rs 16.57 lakh to settle case with Sebi. Baring Private Equity India Investment Manager LLP has settled with markets regulator Sebi a case pertaining to alleged flouting of AIF rules. This came after Baring Private Equity (noticee) proposed to settle the proceedings through a settlement order "wi

billion investments, trade took place in past BioAsia events: K T Rao. More than USD 3 billion worth of investments and trade took place during the past 19 editions of BioAsia, a flagship annual life sciences convention, and the 20th edition is set to be held from February 24 to 26, Telangana Industries Minister K T Rama Rao

India's HPCL faces challenges paying for Russian oil as banks baulk: Source. India's state-run Hindustan Petroleum Corp is facing difficulties in paying for Russian oil imports following a Dec. 5 price cap imposed by Western nations as banks shy away from processing payments

Game streaming platform Loco joins Avalanche Multiverse incentive programme. Launches a subnet to offer a suite of Web3 products

Latest stock market News for tomorrow Access previous news reports: 699700701702703704705706707708709710711712713714715716717

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