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NSE share market NEWS tomorrow (28 February, 2022). NSE stocks in NEWS (tomorrow)

NSE share market NEWS tomorrow (28 February, 2022). NSE stocks in NEWS (tomorrow) These are NSE stocks which will be in NEWS tomorrow as on 28 February 2022

Hindalco Industries was amongst the top gainers, currently trading at 573.75 in NSE with 2.549 times change in volumes and 7.464% change in price. Other gainers included Gail India with 7.455% price change and 4.473 times volumes, Amber Enterprises with 7.422% price change and 5.212 times volumes, Tata Steel with 6.583% price change and 1.911 times volumes, and Jindal Steel with 6.279% price change and 1.276 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 348.85 in NSE with 8.124 times change in volumes and -11.583% change in price. Other losers included Adani Green with -4.164% price change and 2.944 times volumes, Macrotech Developers with -4.026% price change and 0.982 times volumes, Pg Electroplast with -3.584% price change and 1.613 times volumes, and Kei Industries with -3.284% price change and 2.767 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.

Japan: Toyota suspends factory operations after suspected cyber attack. Toyota is suspending production at all 28 lines of its 14 plants in Japan starting on Tuesday, because of a system malfunction that a domestic supplier suspects is a cyberattack

DLF expects Rs 700 cr sales revenue from new housing project in Chennai. Realty major DLF on Monday launched a new housing project, comprising 1,500 plots, in Chennai and expects a sales revenue of Rs 700 crore over the next 18 months. The company will invest around Rs 100 crore to develop infrastructure in this 85 acre new hou

Mobile Premier League forays in Europe with acquisition of GameDuell. With this acquisition, Mobile Premier League (MPL) now has a presence across three continents - Europe, Asia and North America

Former finance secy Hasmukh Adhia nominated again as BoB chairman. It was during his tenure as Financial Services Secretary that the decision to split the post of Chairman and Managing Director of public sector banks was taken

Nagarro to expand global workforce by 4,500 in coming months. In a statement, the company announced that the size of its workforce has crossed the 15,000 mark

L&T Finance Holdings to focus on retail; exit wholesale, realty finance. Appoints L&T CEO S N Subrahmanyan as chairman; Shailesh Haribhakti to remain independent director

IOC no longer accepts Russian, Kazakh crude on FOB basis: Report. Indian Oil Corp will no longer accept cargoes of Russian crude oil and Kazakh CPC Blend cargoes on a free-on-board basis due to insurance risk

Burmans step in to take control of Eveready, announce open offer. Company needs direction and the brand has immense potential: Mohit Burman

BDR Pharma introduces prostate cancer drug with enhanced strength. The company has introduced the medication, under the brand name BDENZA 160mg, at Rs 6,300 for a strip of seven tablets

Legal spat over paint: Airbus hits back at Qatar with 0-mn A350 claim. The counter-offensive is the latest salvo in a months-old contractual and safety dispute that has brought ties between Qatar and one of France's most high-profile firms to a low

E-commerce firm Indiamart acquires 26% stake in Realbooks for Rs 13.75 cr. B2B e-commerce firm Indiamart on Monday announced acquisition of 26.01 per cent stake in cloud-based account software firm Adansa Solutions for Rs 13.75 crore. As part of the transaction, Indiamart's wholly-owned subsidiary Tradezeal Online Private Limited

Ravindra Energy seeks shareholders' nod to raise Rs 102 cr via warrants. The Board of Directors proposes to create, offer, issue and allot two crore warrants at the rate of Rs 51 per unit for an amount up to Rs 102 crore

Sanjiv Bajaj on taking business to the next level of digitisation. In an interview with Business Standard's Surajeet Das Gupta, chairman and managing director of Bajaj Finserv, Sanjiv Bajaj, shares how he plans to take financial service business digital. Listen in

Airtel shareholders approve Google investment, Rs 1.17 tn biz deals. Bharti Airtel shareholders have approved the issue of preferential shares to Google for its about Rs 7,500 crore investment in the company to buy 1.28 per cent stake.

Testsigma raises .6 million in seed funding led by Accel, STRIVE. Testsigma's open-source test automation platform is designed to enable modern software development teams to test and release products quickly, continuously, and at scale.

Upswing Financial Technologies raises mn from QED Investors, others. Upswing Financial Technologies will use the funds in building plug-and-play platforms for open finance and help fintechs and consumer tech players offer financial services seamlessly.

Premium men's lifestyle brand DaMENSCH raises Rs 122.5 cr in funding. Currently, the portfolio of DaMENSCH has 200 plus stock-keeping units (SKUs) listed across more than 15 categories and has made more than 10 M shipments to over 10,000 pin codes across the country.

Honeywell & IISc extend partnership to support 13 new startups, promote R&D. Honeywell Hometown Solutions India Foundation (HHSIF), the philanthropic arm of Honeywell India, and the Society for Innovation and Development (SID) at the Indian Institute of Science (IISc) here have extended their partnership to support 13 new startups

Kia India ramps up production to full capacity at Anantapur plant. Automaker Kia India on Monday said it has ramped up production to full capacity of 3 lakh units annually with the start of the third shift at its Anantapur plant in Andhra Pradesh. Kia India had commenced mass production from the facility in August 2019. I

SC to hear Mistry's plea to delete remarks against him in case vs Tata Sons. Supreme Court on Monday said it would hear after 10 days the plea of CIPL for expunction of certain remarks made against Cyrus Mistry in the 2021 verdict setting aside the NCLAT's order

ExactSpace Technologies raises .4 mn in seed funding led by Thermax. ExactSpace Technologies' proprietary AI platform Pulse combines algorithms which 'learn' about machine behaviour with expert knowledge of the industry to help operators make accurate decisions.

Reliance to take over operations of 250 more Future Retail stores: Report. Reliance's move assumes significance as it follows failed efforts since 2020 to close a .4-bn deal to acquire the retail assets of Future

Mobile Premier League (MPL) makes inroads into Europe, partners GameDuell. Mobile Premier League (MPL) joined hands with GameDuell, one of the most experienced games studios headquartered in Berlin in Germany.

Biocon Biologics to go for IPO in 18-24 months: Kiran Mazumdar-Shaw. Shares fell 9.5% at time of publishing; Firm was valued at .9 bn in last financing round, Viatris deal takes valuation beyond bn

Mahindra Logistics to buy majority stake in ZipZap Logistics' Whizzard. Deal value not disclosed; Hyderabad based Whizzard runs intra-city distribution network for digital commerce and last mile delivery, enables seamless handling of 60 mn packages a year across segments

The business secrets held in India's Dove bars and Nutella jars. A case of Dove bars, a couple of dozen Lay's packets, six jars of Nutella. To the owner of a tiny mom-and-pop store, these may just be the humdrum weekly sales figures for soap, chips and bread spread

Maruti Suzuki: Genuine accessories available online in over 100 cities. The company said users can search accessories based on the vehicle model, variant and product category

Mumbai court restrains Future Enterprises from selling stake in Generali JV. IDBI Trusteeship went to court as it was representing certain foreign bondholders who subscribed to Future companies that had defaulted

Airbnb to provide housing for up to 100,000 Ukrainian refugees, says CEO. Home rental company Airbnb Inc said its non-profit arm Airbnb.org would offer free, temporary housing for up to 100,000 refugees fleeing Ukraine

We're building single shopping place for next billion consumers: Meesho CXO. Orders have grown 13x since July 2021, pet supplies, stationery among new categories added. Next up: musical instruments, industrial supplies, books, video games

Amul fresh milk prices to go up by Rs 2 per litre in country from March 1. 'Amul' brand of fresh milk will become costlier by Rs 2 per litre across the country from March 1, the Gujarat Cooperative Milk Marketing Federation (GCMMF) said

Shapoorji Pallonji eyes Rs 525 cr sales revenue from new project in Mumbai. The company has launched Shapoorji Pallonji SKYRAA - a luxury residential project in Thane

In bid to take over Eveready Ind, Dabur promoters make open offer. In a bid to take over control of dry cell battery major Eveready Industries, the Burman family, the promoters of Dabur, informed that it made an open offer for an additional 26 per cent of the company

We'll take more local creators to global stage: Spotify India head. In its fourth quarter (Q4) results for 2021, the company took its paid subscribers to 180 million globally, and India was one of the leading countries in terms of user growth

Aluminium business of Vedanta to bring two mines into operation. Vedanta's aluminium business, which has not been impacted majorly by COVID-19, would focus on backward integration in the next fiscal and would bring into production two of its mines in Odisha to provide raw material security for its plants, a top official

Biocon Biologics acquires Viatris' biosimilars business in .3 bn deal. BBL will also obtain Viatris' rights in all biosimilars assets, including its in-licensed portfolio and an option to acquire Viatris' rights in bAflibercept

Future Retail shuts Big Bazaar as Reliance Industries plans takeover. Reliance to rebrand and open majority of 200 stores in next 7 days

Mondelez International aims to push up India revenue to billion by 2030. The company's domestic business sees 17 per cent of its revenues come from modern trade and 3 per cent from the digital channel.

Hero MotoCorp expects 2-wheeler industry to make strong comeback in FY23. Hero MotoCorp expects the two-wheeler segment to make a strong comeback next financial year with Omicron wave subsiding and a broader economic recovery in sight, said a senior company official.

Larsen and Toubro spends Rs 150 crore on CSR activities in FY21. Engineering conglomerate Larsen and Toubro (L&T) spent Rs 150 crore in FY'21 on corporate social responsibility activities, impacting 1.21 million beneficiaries. The beginning of the current year was noteworthy for L&T's efforts in corporate social respons

Aurobindo, Sun Pharma recall products in US market for defaulting norms. Leading homegrown drug makers Aurobindo Pharma and Sun Pharmaceutical Industries are recalling different products in the US market due to deviation from standard manufacturing norms.

BharatPe co-founder & MD Ashneer Grover not granted reliefs by SIAC. Grover had filed an arbitration plea to stop a probe into alleged financial mismanagement in the company, and had also sought indemnity

NPCI focuses on new customers as it aims to expand RuPay credit card base. NPCI is focusing on gaining new customers to expand the indigenous RuPay-enabled credit card base, as the retail payments umbrella body is still a new entrant in this space, a top official said.

IOC to ramp up LPG output in Northeast by 53% to 80 mn cylinders by 2030. PSU major Indian Oil Corp is planning three new plants in the Northeast to increase its LPG bottling capacity by nearly 53 per cent to eight crore cylinders annually by 2030

Future Retail suspends supermarket operations as Reliance plans takeover. Future Retail Ltd suspended most of its online and offline operations as stores remained shut on Sunday, after rival Reliance bid to take over its flagship supermarkets

HMT Machine Tools Ajmer develops local machine for railway axle grinding. HMT Machine Tools Ajmer has developed a highly-productive grinding machine for railway axles which would cost less than half of similar imported equipment, the company said

Kalyan Jewellers to accelerate expansion through franchise model in H1 FY23. Kalyan Jewellers is planning to enter the franchise model in the first half of the next financial year to accelerate expansion, according to a top company executive.

DMRC hires top consulting co for integration of metro services, e-commerce. The Delhi Metro has set the ball rolling on a visionary project that seeks to integrate its regular services with e-commerce, with the DMRC hiring a top consulting firm to work on the plan

Union Bank of India plans to raise Rs 1,500 crore through AT1 bond. The bank had capital adequacy ratio of 13.92 per cent with tier I of 11.75 per cent at end of December 2021

Reliance takes control of Future Retail stores, offers jobs to employees. Reliance Retail has reportedly started to take possession of the premises in which Future Retail is operating its stores such as Big Bazaar and replaced them with its brand stores

Reliance to take over 200 Future stores' operations amid Amazon row: Report. The takeover of stores by Reliance signals Future's worsening financial situation as its retail assets sale remains blocked due to legal battles

VIL realigns consumer digital function to drive scale, pace of delivery. Telecom operator Vodafone Idea is re-aligning and streamlining its consumer digital resources to sharpen focus on driving operational scale and pace of delivery

Scaling down ops to cut losses, says FRL as Reliance takes over its stores. Future Retail on Saturday said long-stop date for deal with Reliance has been extended to September 30, 2022

Reliance takes over operations of 200 Future Group's stores. Reliance Industries is in the process of transferring 30,000 Future Group employees to its staffing and manpower firm

Vodafone Idea's board to meet on March 3 to discuss fundraising. British telecom operator Vodafone Plc in a statement earlier stated that it will participate in VIL's fundraising process along with the Aditya Birla group

Russia-Ukraine crisis: Cairn Oil & Gas bats for parity pricing on crude. Domestic crude sales to refineries are subject to central sales tax/value-added tax while the same is not applicable on imported crude

Virtual audits will not replace physical inspection, says USFDA. Surprise audits of manufacturing sites too are on the cards

Bharti Airtel to buy additional 4.7% stake in Indus Towers from Vodafone. Deal signed on condition that proceeds are used to clear Vi's dues

Pharma industry likely to grow to 0 billion by 2030: Industry leaders. 'As India becomes an increasingly more important component for the global supply chain, that should benefit the industry going forward,' Sun Pharma Managing Director Dilip Shanghvi said

British Airways owner IAG sees return to profit from Q2 over travel rebound. British Airways owner IAG SA said it should turn profitable from the second quarter, joining other European carriers in predicting a travel rebound in coming months

Vedanta's shares gain over 7% as CRISIL upgrades long-term ratings. On the BSE, the company's shares ended 7.28 per cent higher at Rs 362.5 apiece

Shriram Transport Finance raises Rs 900 cr by issuing bonds. Shriram Transport Finance Company said it has raised Rs 900 crore by issuing bonds on a private placement basis

IIFL Securities pays over Rs 2 cr to settle case with Sebi. It was alleged that IIFL Wealth Management Ltd and IIFL Securities Ltd knowingly manipulated the reference price of Alkem Laboratories for a block deal

Vedanta visits Pune to explore feasibility to set up semiconductor plant. A team from Indian conglomerate Vedanta has visited Pune to survey the feasibility of setting up its electronic chip plant in the district, a government official said

MNRE approves development of 400MW solar project in Kinnaur by SJVN. SJVN is gearing up for preparation and submission of Detailed Project Report (DPR) at the earliest in accordance with the timelines of the solar park scheme

CCI does not have powers to keep own order in abeyance: Amazon tells NCLAT. The e-commerce major made the submission before the National Company Law Appellate Tribunal (NCLAT), which is hearing its plea against the decision of the Competition Commission of India (CCI)

BSES Yamuna sets up its first EV charging station in Mayur Vihar. Depending on the response, more such smart EV charging stations will be rolled-out in south, west, east and central Delhi, it said

SFIO arrests 3 individuals for fraud in Jagat Agro Commodities case. Satish Kumar Pawa, promoter and shareholder; Saurav Aggarwal, son of promoter; and Suhas S Paranjpe, statutory auditor; have been arrested by the probe agency

Govt appoints Aggarwal as RBI nominee director in Indian Overseas Bank. With this, Deepak Kumar, nominated by the government as the RBI nominee director, ceases to be a director on the board with effect from Friday, the lender added

Union Bank, NPCI launch credit card for MSME borrowers to meet biz expenses. Additionally, they will also be benefitted in the form of accidental insurance coverage of up to Rs 10 lakh, domestic airport lounge access of two times per quarter, and other rewards

CBI arrests ex-NSE GOO Anand Subramanian over alleged irregularities. Subramanian was questioned for days in Chennai before the agency decided to arrest him, the officials said

CRISIL upgrades Vedanta's long-term debt, loans ratings from 'AA-' to 'AA'. CRISIL improved its rating on Vedanta Ltd. on account of stronger than expected operating profitability due to high commodity prices in FY22.

Amazon's India partner Samara Capital plans 0 mn fund: Report. The Mumbai-based company is looking to invest in businesses ranging from retail and health care to technology and finance.

NSE co-location case: CBI arrests former NSE GOO Anand Subramanian. The arrest was made in the case related to the co-location scam, FIR for which was registered in May, 2008

Expand PLI scheme for pharma to make it research-linked, says industry. So far 55 drug manufacturers have been selected under the PLI scheme for pharma.

Rajasthan discoms must pay Rs 3k-cr compensatory tariff to Adani Power: SC. Adani is fighting multiple court battles against states including Rajasthan, and Haryana, seeking compensatory tariffs that reflect the cost of the pricier imported coal it uses to fire its plants

SpiceJet to start six direct flights to Bangkok from March 10. The airline will be deploying B737 aircraft to operate all India-Bangkok flights, it stated, adding the Kolkata-Bangkok flight and the return flight will begin from March 10

DBS Bank India migrates to new IFSC and MICR codes of erstwhile LVB. Following the amalgamation with DBIL, the IFSC & MICR codes of all branches of erstwhile LVB have changed. While the new codes have been active since October 25, 2021, the older IFSC codes will remain valid until February 28, 2022, to ensure customers' c

Accenture launches Women Founders Program in India for nascent B2B startups. Registrations for the programme are currently open to businesses that have at least one woman founder and are focused on advanced technologies such AI, IoT and cloud

Bharti Airtel to acquire Vodafone's 4.7% stake in Indus Towers. Deal conditional upon Vodafone infusing fresh equity in Vodafone Idea and simultaneously remitted to Indus Towers to clear VIL's outstanding dues

VW keeps Porsche IPO on table amid market volatility to ignite EV push. Volkswagen AG said it will continue to explore an initial public offering of the German manufacturer's Porsche sportscar brand as markets are roiled by Russia's invasion of Ukraine

Top headlines: Russian troops advance on Kyiv; CBI arrests former NSE GOO. Business Standard brings you the top headlines on Friday

India's organised dairy industry to see 12% revenue growth in FY22: Report. Steady demand for both VAP and liquid milk is likely to lead to 5-6% growth next fiscal as well in line with the pre-pandemic trend: Crisil Ratings report

Beyond Meat stock slumps 12% after reporting decline in sales in Q4. Beyond Meat Inc., the maker of vegan burgers, sausages and chicken, declined in late trading Thursday after offering a sales outlook for 2022 that fell short of Wall Street's expectations

Female employees break a Tata Steel glass ceiling as SCR operators. Tata Steel has deployed four female employees as stacker-cum-reclaimer (SCR) operators for the first time at its Meramandali plant in Odisha's Dhenkanal district

Renewable energy company Greenko plans to raise 0 mn to rejig debt. The actual fundraising is dependent on market sentiments amid an escalation of the Russia-Ukraine conflict, which had increased volatility

Boeing, Airbus in talks for multi-jet order from Air India: Report. The planemaker is in constant talks with current and prospective customers concerning fleet requirements

Airtel acquires strategic stake in blockchain technology startup Aqilliz. Telecom major Bharti Airtel on Thursday announced that it has acquired a strategic stake in Aqilliz, a 'Blockchain as a Service Company'.

Delhi High Court adjourns Future-Amazon case to February 28. Future Group's counsel argued that if it goes into bankruptcy, the 2019 deal with Amazon for a stake sale will anyway not stand

TCS elevates Muthuswami as North America chairman, rejigs several key posts. He will take charge from TCS North America chairman Surya Kant, who will retire at the end of the current financial year after a stint of 43 years at the firm

Russia- Ukraine crisis: Rescue plans & a look at past evacuations. Airlines executives said the Ministry of External Affairs had planned to operate flights in Moldova.

Indian envoy urges Indians in Ukraine to face situation with calm. Currently 15,000 Indians, mostly students, are in Ukraine

Top headlines: US to consult India on Ukraine, India Inc faces margin dip. The Centre will wait and watch how the Russia-Ukraine crisis affects the stock markets before taking a call on deferring the IPO of LIC. More on this in our top headlines.

India refunds Rs 7,900 cr to Cairn to settle retro tax dispute. The government initially refused to honour the award but in August 2021 brought a law to scrap all retrospective tax demands and refund money collected but without any interest or penalty

Alibaba reports smallest rise in quarterly revenue, misses expectations. The slowing Chinese economy has taken a toll on the e-commerce company, as consumers cut back discretionary spending

Coal India considers private sector to run discontinued mines. India is considering partnering with private companies to operate mines which have been previously shut or production discontinued by state-run Coal India Ltd

Two-wheeler sales volume to fall for third straight fiscal year: Crisil. 'Three consecutive years of decline will take two-wheeler sale volumes back to the fiscal 2014 level and it may take 3-4 years to reclaim the peak sales volume of 2.11 crore seen in 2019'

Bharat Bio working on TB vaccine, to ink pact with a firm for technology. Without providing details on the name of the firm with which BBIL will be inking MoU, Ella said the TB vaccine is currently undergoing phase 3 clinical trials

Wipro announces over 500 technology jobs in Brazil in next fiscal year. IT major Wipro Ltd on Thursday announced over 500 technology jobs in Brazil in the next fiscal year, to support growth in delivering cloud solutions to clients. The company will be hiring throughout Brazil, for a slew of roles ranging from IT and engineeri

Financial services player Northern Arc group buys Smile Microfinance. The transaction involves taking over the microfinance portfolio of Smile along with its 150 branches catering to over 2 lakh customers served by around 850 employees

Latest stock market News for tomorrow Access previous news reports: 946947948949950951952953954955956957958959960961962963964

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