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NSE share market NEWS tomorrow (17 February, 2023). NSE stocks in NEWS (tomorrow)

NSE share market NEWS tomorrow (17 February, 2023). NSE stocks in NEWS (tomorrow) These are NSE stocks which will be in NEWS tomorrow as on 17 February 2023

Pg Electroplast was amongst the top gainers, currently trading at 1324.40 in NSE with 1.504 times change in volumes and 3.895% change in price. Other gainers included Prestige Estates with 3.167% price change and 0.327 times volumes, Inox Wind with 2.943% price change and 3.898 times volumes, Shree Cements with 2.547% price change and 2.623 times volumes, and Larsen Toubro with 2.206% price change and 1.523 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.

Biocon was amongst the top losers, currently trading at 232.50 in NSE with 0.914 times change in volumes and -4.262% change in price. Other losers included Adani Enterprises with -4.113% price change and 0.967 times volumes, Macrotech Developers with -3.747% price change and 0.573 times volumes, Idea Cellular with -3.333% price change and 1.362 times volumes, and Bharat Dynamics with -3.227% price change and 1.285 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.

Borzo, Symbo tie up to provide insurance to over 50,000 delivery partners. The firms are also exploring in-app integration of insurance services for faster, seamless and paper-less processes

Pricol denies Minda Corp claim of buying 15.7% stake in firm for Rs 400 cr. Coimbatore-based automotive components company denies promoters selling stake

Flexi-staffing industry's Q3 growth lowest in past 10 quarters: ISF report. Global layoff-driven dip in IT hiring drags overall growth figure to 0.8%

UltraTech to ACC, cement stocks strengthen on price hikes of Rs 5-15/bag. Cement demand remains firm amid a pick-up in construction and infra activities

PNB to raise Rs 800 cr in AT1 bond, instrument has 'AA+' from India Ratings. The Delhi-based lender has board approvals in place to raise Rs 12,000 crore in capital in FY23 through bond issuances

Google sacks employees in India, cuts 450 jobs across verticals. Meanwhile, some of the employees who were laid off took to LinkedIn

LIC asks customers to link their PAN cards with policies by FY23 end. Has provided a link on its website through which policyholders can get this exercise done

L&T MF and ex-officials settle inter-scheme transfer case with Sebi. The matter pertains to inter-scheme transfers of L&T Mutual Fund for the period between April 01, 2017 and June 30, 2018

Give clear road map on fixing 5G connectivity issues: Trai to telcos. Govt preparing the ground for tougher service quality norms

PwC will hire around 30,000 people in India in couple of years: Chairman. Global consultancy firm PwC will hire around 30,000 people in India in the next couple of years, company Chairman Bob Moritz said on Friday. In a panel discussion at the Global Business Summit organised by the Economic Times, he said India can be a supplie

India fastest growing in the world, says Netflix co-CEO Ted Sarandos. Viewing engagement up 30%, revenue 25% in India

RBI appoints Vikramaditya Singh Khichi in advisory panel of Reliance Cap. The Reserve Bank of India (RBI) on Friday appointed Vikramaditya Singh Khichi, former ED of Bank of Baroda, on a panel to advise the administrator of crisis-ridden Anil Ambani-promoted Reliance Capital. Khichi has been appointed in the advisory committee o

HUL to sell Annapurna and Captain Cook brands for Rs 60 cr to Singapore co. The two brands had a combined turnover of Rs 127 cr in FY22, less than 1% of HUL's top line

MSCI Inc will speed ESG ratings reviews after silence on Adani companies. One of the market's most popular ESG index providers says it will speed up its review of companies, after it failed to address allegations of poor governance at the Adani Group companies as quickly as

Adani Green to disclose refinancing plan after fiscal year ends: Report. One of its subsidiaries, Adani Green Energy Limited Restricted Group, will refinance existing bonds through a 15-year amortizing private placement, the executive said, according to the sources

Tata Steel completes first multi-modal shipment of TMT bars to Tripura. Tata Steel successfully completed the first multi-modal shipment of 960 tonnes of TMT bars from West Bengal's Haldia Port to Tripura's Agartala, the company said on Thursday. The entire transportation from flag-off to receiving material at the distributor'

Adani's crisis to spark democratic revival in India, says George Soros. The fallout from US short seller Hindenburg Research's attack on the conglomerate threatens to hurt investor confidence in India, has fueled concerns about the country's regulatory framework

Air India will require more than 6,500 pilots for 470 planes, says report. Air India will require more than 6,500 pilots to operate 470 aircraft that are to be supplied by Airbus and Boeing in the coming years, according to industry sources. Seeking to expand fleet as well as operations, the airline has placed orders for acquirin

BEL & Israel Aerospace to form JV for product support to Indian defence. Defence PSU Bharat Electronics Limited (BEL) and Israel Aerospace Industries (IAI) have concluded a Memorandum of Agreement (MoA) to form a joint venture aiming at a single point of contact for extending long-term product support services for India's defen

Twitter's two India offices vacant as social media firm cuts costs. Sources said Twitter's office at the WeWork facility in the Bombay-Kurla Complex (BKC) has no one coming. Twitter had space for slightly over 100 people in the facility

Tech giant Microsoft now supports Windows 11 on Apple's M1, M2 Macs. Tech giant Microsoft is officially supporting Windows 11 on Apple's M1 and M2 Macs, by partnering with the software company Parallels.

IndiGo plans flights to Nairobi, Jakarta, central Asian destinations: CEO. The country's largest airline IndiGo, which is "back with a bang", is looking to start flights to Nairobi, Jakarta and some central Asian destinations as the carrier focuses on internationalisation, according to its chief Pieter Elbers. Amid intensifying c

Godrej Properties acquires Raj Kapoor's Bungalow in Mumbai for Rs 500 cr. Godrej Properties Ltd on Friday said it has acquired legendary film actor, director, and producer Raj Kapoor's Bungalow at Chembur in Mumbai to develop a luxury housing project. The land was purchased from the Kapoor family, legal heirs of Raj Kapoor, the

Adani vs Hindenburg: SC to hear PILs, mull over setting up experts' panel. The Supreme Court is scheduled to hear during the day a batch of PILs on the recent Adani Group shares crash triggered by the Hindenburg Research's fraud allegations and is likely to mull over setting up of a panel of domain experts for strengthening exist

Drug firm Glenmark gets USFDA nod for generic diabetes drug to market in US. Drug firm Glenmark said it has received approval from the US health regulator to market a generic medication to treat diabetes in the American market. Glenmark Pharmaceuticals Inc, USA, a unit of the company, has received tentative approval from the US Foo

Snapchat crosses over 750 mn monthly active users, announces CEO Spiegel. Snapchat has crossed over 750 million monthly active users, its parent company Snap announced on Friday.

DocuSign to lay off 10% of its workforce as part of its restructuring plan. US-based e-signature software company DocuSign has announced that it plans to lay off around 10 per cent of its workforce as part of the restructuring plan.

AstraZeneca gets CDSCO nod for drug to treat biliary tract cancer. Drug firm AstraZeneca India on Friday said it has received approval from the domestic drug regulator to market a drug to treat biliary tract cancer (BTC) in the country. The company has received approval from the Central Drugs Standard Control Organisation

WhatsApp working to bring communities feature to its Business application. Meta-owned messaging platform WhatsApp is reportedly working to bring communities to its WhatsApp Business application on Android.

India top country in AI skill penetration globally: Nasscom report. India's 'AI Skills Penetration Factor' has been reported to be 3.09 -- the highest among all G20 and OECD countries

GAIL plans to buy up to 26% equity stake in LNG projects in United States. GAIL had run into supply disruptions last year after Russia-owned Gazprom Marketing and Trading (GMTS) failed to deliver some LNG cargoes

Adani row: Supreme Court 'no' to Centre's sealed cover suggestion on panel. The Supreme Court on Friday refused to accept in a sealed cover the Centre's suggestion on a proposed panel of experts for strengthening regulatory measures for the stock market. Observing that it wants to maintain full transparency in the interests of inv

Max Estates eyes over Rs 3,200 cr revenue from housing project in Gurugram. Max Ventures & Industries Ltd's (MaxVIL) real estate arm Max Estates has entered into an agreement to develop a 12-acre housing project in Gurugram with an estimated sales revenue of over Rs 3,200 crore. MaxVIL said in a statement that it has entered the G

ReNew Energy Global Plc loss narrows to Rs 401 cr in Q3, income up by 19.4%. ReNew Energy Global Plc on Friday said that its loss has narrowed to Rs 401.3 crore in the December 2022 quarter from Rs 638.4 crore in the same period a year ago. "Net loss for Q3 FY23 was Rs 4,013 million (USD 49 million) compared to a net loss of Rs 6,3

B2B could be India's top sector for venture debt funding in 2023: Report. 71% of founders of early-stage companies plan to raise venture debt this year

Godrej Properties buys Raj Kapoor's Mumbai Bungalow for Rs 100 crore. Godrej Properties Ltd has acquired legendary film actor, director and producer Raj Kapoor's Bungalow at Chembur in Mumbai for around Rs 100 crore to develop a luxury housing project with a sales potential of Rs 500 crore. The land was purchased from the Ka

Kotak Mahindra Bank added to FTSE index nine years after being removed. Move follows sustained dip in FPI holding in the counter; IDBI Bank, Patanjali among other stocks to get in

Infosys announces appointment of Shaji Mathew as group head of HR. Is also designated as executive officer for reporting under SEC rules and Key Managerial Personnel as defined under IndAS 24-Related Party Disclosures

Indian electric scooter maker Ather installs over 1000 fast-charging units. The Ather Grid App allows scooter owners to locate and check the availability of the nearest charging stations in real-time

Hindustan Zinc to talk to mines ministry to acquire Vedanta's assets. Hindustan Zinc is planning to get in touch with the mines ministry to resolve the differences over the acquisition of overseas assets of holding company Vedanta Ltd, Hindustan Zinc CEO Arun Misra said. Valuation of the assets is among several concerns flag

Luxury carpet brand Obeetee eyes Rs 1,000 crore turnover in FY24. While Obeetee operates at the high-end, Chatterjee believes that there will be opportunities for players across the segments

US is going to see a muted growth, not recession in 2023-24: Tech Mahindra. Revenue from Americas was 47.9 per cent in fiscal 2021-22, as compared to 47.5 per cent in fiscal 2021

92% recruiters optimistic about hiring in H1CY23: Naukri.com report. Recruiters foresee maximum layoffs for senior professionals, with 20% of recruiters predicting the same. Freshers are expected to be least impacted by hiring corrections

Biggest corporate bond deal: HDFC raises Rs 25,000 crore via NCDs. ICICI, Axis, HDFC Bank, ICICI Securities Primary Dealership arranged the deal

Renewable energy firms missing deadlines to be blacklisted for 3-5 years. Senior executives, however, pointed out that the encashment of bank guarantee in case of default was always part of the tender document issued by central government agencies

Ambuja Cements declared preferred bidder for limestone block in Odisha. An e-auction was conducted by the Odisha government for the Uskalvagu limestone block, situated in Malkangiri district, and spread over an area of 547 hectares, the company said

Adani says appointment of Grant Thornton as auditor 'market rumour'. Adani group's flagship firm on Thursday termed as 'market rumour' reports of the embattled group hiring Grant Thornton to audit books in the aftermath of the Hindenburg crisis. In a stock exchange filing, Adani Enterprises said the reports "appears to be a

Adani Green to disclose refinancing plan after fiscal year ends: Source. Adani and two of its main subsidiaries, including Adani Green, caught up in a short-selling storm in recent weeks are holding calls with bond investors on Feb. 16 and Feb. 21

Adani Group aims to tackle debt deadlines with cash, private notes. The management said on the call it was seeking to cut the group's net debt to below three times Ebitda (earnings before interest, taxes, depreciation, and amortization) next year

Mobile user base dips for fourth month in a row, shows Trai data. Users have reduced by 0.6 million,1.82 million and 3.66 million in the three months since September

Indian Oil clarifies on Adani Gas deal after public scrutiny: Report. An Indian Oil spokeswoman said on Thursday that the agreement with Adani was signed very recently and there was no commitment on capacity use

MSCI delays index weighting changes for two Adani companies to May review. The reversal of the updates to Adani Total Gas and Adani Transmission in the February index review will be reflected in the MSCI Index Product files starting from Feb. 16, MSCI said

S&P puts Adani Transmission's ESG rating under review on governance issues. Will closely monitor developments, including any investigations by the Indian regulators and any additional disclosures by the Adani group, S&P said in a statement

Surf Excel becomes first Indian home care brand to top bn annual sales. With a total sales of Rs 8,200 crore in 2022, Surf Excel also became HUL's first brand to reach the milestone

SingTel Q3 profit rises 18.2% from partly-owned Airtel's strong performance. Singapore Telecommunications on Thursday posted an 18.2% jump in third-quarter underlying profit, driven by stronger performance of its partly-owned Bharti Airtel

Borrowing blitz makes Adani's empire even more vulnerable amid worst crisis. The conglomerate, with businesses stretching from ports to renewable energy, tapped international bond buyers for more than billion in recent years

Bharat Forge Ltd signs MoU with Paramount group at Aero India 2023. BFL and global aerospace and technology company, Paramount Group have signed a MoU for the development and production of Composite Rotor Blades, Mission Systems and Stores Management systems.

Air India order for 840 planes, with 370 as options: Airline executive. It is the world's largest single-tranche aircraft order; Airbus A350 deliveries begin this year

Temasek in talks to buy stake in India's Cloudnine hospital chain: Report. Singaporean sovereign fund Temasek Holdings is in advanced talks to buy a minority stake in Cloudnine Hospitals, valuing the Indian hospital chain at Rs 30 billion (2.7 million)

Air India may find it cheaper to buy jets, thanks to Tata's credit profile. On the strength of its excellent financial track record, Tata Group was able to secure Power-By-Hour (PBH) agreements with engine manufacturers GE and Rolls Royce

Adani Power's Rs 7000 crore deal to buy DB Power assets falls through. Adani Power Ltd's Rs 7,017-crore deal to buy thermal power assets of DB Power has fallen after the initial pact expired. "We wish to inform that the long stop date under the memorandum of understanding dated August 18, 2022, has expired," Adani Power said

Adani Group to consider privately placed bond offerings for 3 subsidiaries. If it moved ahead with any offering and was able to secure investors, it could be the first debt issuance for Adani since shortseller Hindenburg Research alleged fraud and stock manipulation

Nestle India Q4 profit up 65.5% at Rs 628 cr, sales rise 14% to Rs 4,233 cr. FMCG major Nestle India Ltd on Thursday reported an increase of 65.50 per cent in its net profit at Rs 628.06 crore for the fourth quarter ended December 31, 2022. The company, which follows the January-December financial year, had posted a net profit of R

80% of Wipro's employees will get 87% variable pay for the third quarter. Wipro has proposed to pay 87 per cent of the variable pay component to over 80 per cent of its workforce, according to a communication in the company's internal email

Adani Group denies reports of hiring Grant Thornton for audits amid crisis. Adani Group | Grant Thornton: Media reports suggested that embattled Adani Grpup had appointed accountancy firm Grant Thornton for an independent audit of a few of its companies in a bid to come clean

Ambuja declared as preferred bidder for Uskalvagu limestone block in Odisha. Ambuja Cements Ltd, a part of Adani Cement on Thursday said it has been declared as the 'preferred bidder' for the Uskalvagu limestone block in Odisha. An e-auction was conducted by the Odisha government for the block, situated in Malkangiri district, Ambu

Web development firm Wix lays off 370 workers in 2nd round of job cuts. Israeli cloud-based web development services company Wix has laid off 370 employees in a second round of job cuts, most of them in the customer service department in the US.

62% of firms in India want to hire freshers in the first half of 2023. This is nearly 4.5 times higher than the global average of 14 per cent

Agreements with 26 cos signed under PLI scheme for specialty steel: Scindia. Agreements have been signed with 26 companies for 54 applications under the production linked incentive (PLI) for specialty steel, Union Steel Minister Jyotiraditya M Scindia said on Thursday. The minister made the remarks at the Global Zinc Summit 2023 in

Blinkit starts new feature allowing brands to have customised stores on app. Sellers on instant-delivery platform can track performance of products, highlight them

Dec quarter net up 65%, Nestle announces final dividend of Rs 75 per share. The company board has announced April 21, 2023, as the record date to determine the entitlement of the members to the final dividend for the year 2022

Tata Steel signs MoU with CBRI for sustainable mining solutions on Tuesday. Tata Steel and Central Building Research Institute (CBRI), a constituent of the Council of Scientific and Industrial Research (CSIR), signed an MoU to collaborate on research, academic growth, and sustainable solutions in mining. The MoU was signed by D B

Ather Energy aims to install 2,500 charging stations by this year-end. Electric two-wheeler maker Ather Energy on Thursday said it plans to install over 2,500 charging stations by this year-end to facilitate a hassle-free transition to EVs. The company has already installed over 1,000 fast charging stations across 80 cities i

Akasa Air to place large plane order in 2023, eyes international growth. The new order will be for narrowbody planes, said Akasa's co-founder, a former chief executive of now-grounded, bankrupt full-service carrier Jet Airways

Nestle India Q4 profit up 65.5% at Rs 628 cr, credits 'robust demand'. Domestic sales of the maker of Maggi noodles and KitKat chocolates were up 13.9%

Byju's in funding talks with TPG, West Asian sovereign funds as debt weighs. Negotiations are ongoing and it's unclear if the prospective investors will go ahead with a deal, the people said, who asked not to be identified as the information is private

India set to blacklist renewable power generation companies for delays. -India will blacklist renewable power companies for three-to-five years if they do not meet project completion deadlines, a government order seen by Reuters shows

60% private insurers register significant rise in fraud: Deloitte survey. About 60 per cent of Indian private insurers believe there has been a significant rise in insurance-related frauds, and as risks lurk there is an immediate need to consider a proactive fraud risk management framework, a Deloitte survey said on Thursday. In

Adani Group firms end on mixed note, Adani Wilmar up 5% on weekly closing. Shares of Adani Group firms ended on a mixed note on Thursday after rallying in the morning trade amid volatile trend in the broader market. Adani Wilmar stock climbed 5 per cent, NDTV rallied 4.99 per cent, Adani Power jumped 4.97 per cent, Adani Ports ad

Fyn Mobility partners Exponent Energy to roll out 1,500 electric vehicles. Electric vehicle ecosystem platform Fyn Mobility on Thursday said it has partnered with Exponent Energy to roll out 1,500 Altigreen manufactured electric three-wheelers, which could be fully charged in 15 minutes. The new fleet of Altigreen's three-wheeler

Unicorn club: Here's the complete list of 100-plus start-ups in India. Bengaluru-based neo-bank platform 'Open' became India's 100th unicorn in May 2022

Street concerns over global slowdown weighs on Bharat Forge stock. Management guidance is that Class 8 truck demand remains steady and the company has order to fulfil till end of next fiscal

udaanCapital disburses Rs 4000 cr in supply-chain financing to MSMEs. The fintech says it is uniquely positioned to tap the 0 billion working capital opportunity in this space

Adani Group hires banks to hold meetings with fixed-income investor. Adani Group companies said in a stock exchange filing that it faces no material refinancing risk and there is no near-term liquidity requirement

With Air India's A350 order, Rolls-Royce makes a comeback in engine market. Currently, the Rolls-Royce-powered fleet of Indian airlines consists of five Embraer ERJs of Star Air and six Boeing 757s of Blue Dart

Adani says will complete infra projects on time, focused on financials. Adani Enterprises has strong corporate governance, secure assets and cash flows: Executive

NTPC plans to raise up to 0 million term loan in JPY denomination. State-owned power giant NTPC plans to raise term loan of USD 750 million (about Rs 6,213 crore) in Japanese Yen (JPY) denomination to finance its capital expenditure on new and ongoing projects. The company has sought bids for the JPY loan, which is to be

Mufin raises million in green bond from Symbiotics Investments. Electric vehicle financing firm Mufin said on Wednesday it has raised USD 7 million (around Rs 58 crore) in green bond from Symbiotics Investments. With the issuance of this green bond, the company plans to strengthen its retail EV portfolio for two- and t

Aero India 2023: Rajnath Singh lauds 'new energy' of defence start-ups. Innovation aided by Make in India that prioritised local procurement, says tech firm Zeus Numerix

Psychological safety ​key performance indicator, crucial for India Inc. According to a new report, 34% of the surveyed employees feared burnout, 25% feared failure at psychologically unsafe workplaces

Most of Adani group firms close higher; Adani Enterprises rises 1%. Most of the Adani group stocks closed higher with the flagship Adani Enterprises settling higher by 1 per cent on Wednesday, a day after the conglomerate asserted that its balance sheet is "very healthy". At close, six of the group firms were in the green

Sebi introduces issue summary document for filing IPO papers in XBRL format. Sebi on Wednesday introduced the issue summary document for filing papers pertaining to IPO and for further issue of securities in XBRL format, a move that will help provide data to stakeholders in a structured manner. This is part of the capital markets r

Hindustan Aeronautics' Dhruv choppers to get monitors to dodge obstacles. The agreement, announced at the Aero India 2023, includes transfer of intellectual property (IP) for the design and manufacture of the OAS for Indian helicopters and potential future exports

Indian advertising market to grow 16% in 2023: Pitch Madison report. Second forecast after GroupM's to project double-digit advertising growth; digital biggest advertising category

With 33% market share, Maruti eyes top slot in SUV space by FY24. At the moment, Tata Motors, Hyundai Motors India and Mahindra and Mahindra lead the SUV market

Lufthansa resumes operations after IT issues grounded hundreds of flights. Deutsche Lufthansa AG is returning to normal flight operations after widespread software problems linked to damaged Deutsche Telekom AG broadband cables grounded hundreds of planes

MTNL's consolidated loss widens to Rs 775.5 crore in December quarter. State-owned MTNL on Wednesday posted a widening of consolidated loss at Rs 775.5 crore in the third quarter ended on December 31, 2022. The company had posted a loss of Rs 659.28 crore in the year-ago period. The consolidated revenue from operations of MTN

Need to make investments to improve cash flows: Vodafone Idea CEO. Debt-ridden telecom operator Vodafone Idea needs funding to make investments and vendor dues will be cleared once it starts generating cash from the investments, a top official of the company said on Wednesday. Vodafone Idea (VIL) CEO Akshaya Moondra durin

18% of Indian startups have at least one woman founder: Nasscom report. The Nasscom report reflects on the rising presence of women in Indian start-up ecosystem

IndoStar Capital Chief Executive Deep Juggi quits after short stint. Company elevates Chief Risk Officer K Srinivasan as CEO

Latest stock market News for tomorrow Access previous news reports: 703704705706707708709710711712713714715716717718719720721

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