NSE share market NEWS tomorrow (03 March, 2022). NSE stocks in NEWS (tomorrow)
NSE share market NEWS tomorrow (03 March, 2022). NSE stocks in NEWS (tomorrow) These are NSE stocks which will be in NEWS tomorrow as on 03 March 2022
Abb Power was amongst the top gainers, currently trading at 3852.70 in NSE with 4.818 times change in volumes and 12.743% change in price. Other gainers included Pg Electroplast with 8.303% price change and 1.558 times volumes, Fortis Healthcare with 8.251% price change and 3.775 times volumes, Fsn E with 6.502% price change and 0.696 times volumes, and Idea Cellular with 6.22% price change and 1.815 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.
Ultratech Cement was amongst the top losers, currently trading at 5980.70 in NSE with 3.503 times change in volumes and -6.542% change in price. Other losers included Ashok Leyland with -6.531% price change and 1.93 times volumes, Odisha Cement with -5.968% price change and 0.922 times volumes, Asian Paints with -5.185% price change and 1.462 times volumes, and Hdfc Stand with -5.18% price change and 0.141 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.
Khaitans step down from Eveready board after Burman Group open offer. For the first time, Khaitans won't be represented on firm's board since they acquired Union Carbide India in 1993 and renamed it Eveready Industries India. But they will continue to hold 4.84% stake
Axis Bank, IPE Global commit 0mn loan for India health infra, post Covid. Axis Bank has committed to strengthening India's healthcare infrastructure by signing an MoU with IPE Global for the SAMRIDH Healthcare Blended Finance Facility, the bank said in a release
Sebi asks Indiabulls to address issues where it was found non-compliant. Regulator says it has not found any wrongdoing on company's part with respect to the specific allegations made against it in various PILs and complaints
Wockhardt sets issue price at Rs 225/share for Rs 748-cr rights issue. Earlier in January this year, Wockhardt's board had approved raising of up to Rs 1,000 crore through a rights issue to its existing shareholders
Meat and seafood brand TenderCuts opens first all-women store in Chennai. The store was an extension of TenderCuts' vision to enable all shoppers, especially women, to step into meat or fish buying experience, a press release said
Spotify shuts Russia office, removes content from RT, Sputnik. Swedish music streaming giant Spotify has shut down its office in Russia and removed content from state-backed media outlets RT and Sputnik
Tata Steel performance is 'historic' but best is yet to come: Chandrsekaran. He complimented Tata Group in general and Tata Steel in particular for raising to the occasion in 'multiple fronts' during the global lockdown
Chinese automaker SAIC's MG Motor India to raise funds for EV push: Report. 'MG Motor India has yet to finalise how much money it plans to raise, which will depend on the valuation of the Indian business and its growth plans'
Pinnacle to invest Rs 2k cr to build EV manufacturing units in Pune, Indore. The Pune-based company, which has been into automotive seatings, interiors for speciality vehicles since 1996, has already set up an electric vehicle unit under the Eka label
FRL-Reliance merger: SC defers hearing on Amazon's plea for 10 days. A bench headed by Chief Justice N V Ramana took note of the submissions of senior advocate Gopal Subramanium, appearing for Amazon, that there be no order from the Delhi High Court
Smartron launches 2nd-gen tbike OneX for B2B segment; price at Rs 38,000. With this launch, the company said it now has five tbike models in its product portfolio
KPMG audit report on Srei filed in time, say lenders in NCLT. Time period starts from red-flagging of the account, they argue
Sebi denies permission to crisis-hit PFS to hold board meeting. In January, all the three independent directors on the company's board had resigned over corporate governance issues and other matters
Anand Mahindra responds to PM Modi's call, may set up medical college. Mahindra suggested that state governments frame good policies for land allotment so that India could produce a large number of doctors and paramedics.
Amazon may file criminal case against Future over store transfers: Report. Amazon.com Inc plans to initiate criminal court proceedings this week against its Indian partner Future Retail for allowing the transfer of assets to a major rival despite a legal prohibition
Reliance ties up with Sanmina for electronics manufacturing in India. A Reliance unit will invest 16.7 billion rupees (0.86 million) in new shares of Sanmina's existing Indian entity, giving it a 50.1% stake in the joint venture
Reliance, USA's Sanmina announce partnership for electronics manufacturing. Reliance will hold a 50.1 per cent stake in the JV after the investment in Sanmina's existing Indian entity through a Reliance unit.
A sigh of relief for vendors, others as Reliance takes over Future stores. Reliance has been making job offers to employees of these stores, which will ensure job continuity for nearly 30,000 employees of Future Group's retail network.
Pocket FM raises mn in funding from Goodwater Capital, Naver, Tanglin. Pocket FM offers over 1,00,000 hours of long-format content, audio series, stories, novels, podcasts, and knowledge shows in 8 languages
RIL seeks to lead 5G race with Sanmina JV for electronics manufacturing. Investment will help Indian company become a global player in selling 5G technology and telecom gear.
Scaler buys edtech firm AppliedRoots for mn to expand online courses. Last year, Scaler acquired Coding Minutes and CodingElements, both online tutors.
Amazon, Future agree to talks; SC gives them 10 days to explore settlement. In an unexpected move on Thursday, Amazon counsel suggested at a SC hearing that the two sides negotiate, saying the 'whirlpool' of disputes fought on multiple fronts had been dragging on for too long
YouTube's creator ecosystem contributed Rs 6,800 cr to Indian GDP. The number of channels on YouTube in India with over 100,000 subscribers at 40,000, represents a growth of over 45 per cent y-0-y.
Japan's Renesas, Tata Elxsi partner in EV design centre. The centre in Bangalore will be a new hub for the two companies to develop crucial EV systems, such as battery management systems and motor control units
MG Motor announces new venture to build EV charging infrastructure. MG Motor India announced a new venture, MG Charge, to build charging infrastructure for electric vehicles with an aim to install 1,000 chargers in residential areas across India in 1,000 days
UPL to sell 49.98% stake in subsidiary ANSL to Nerka Chemicals. UPL, in a regulatory filing, said it will offload the stake for a consideration of Rs 1.75 crore and the deal is expected to be completed by March 31 this year
Amazon once again proposes dialogue with Future Group to end legal battles. The Supreme Court has given both parties until March 15 to explore a settlement through negotiations.
Oyo appoints former PayU exec Prakash Padariya as cyber security head. He has more than 19 years of experience across geographies with extensive expertise in corporate security consulting, cyber security, cyber warfare, vulnerability assessment
Roland-Garros, Infosys extend partnership for another 5 years until 2026. IT firm Infosys said its three-year partnership with Roland-Garros, also known as The French Open Tennis Tournament, has been renewed for a further period of five years till 2026.
Lupin gets FDA nod to market Efinaconazole topical solution in US. Drug major Lupin on Thursday said it has received approval from the US health regulator to market Efinaconazole topical solution, used to treat fungal toenail infections, in the American market
Eveready Batteries' Chairman, MD resign post open offer from Burman group. Eveready Industries India Ltd said its Non-Executive Chairman Aditya Khaitan and Managing Director Amritanshu Khaitan have resigned following an open offer from the Burman group.
Facebook shuts down its college students-only social network 'Campus'. After less than two years of its launch, Meta-owned Facebook is shutting down its college students-only social network -- Campus.
Top headlines: Amazon, Future may bury hatchet; Eveready Chairman, MD quit. Business Standard brings you the top headlines on Thursday
Indian Oil Corp to supply fuels to Sri Lanka in 4-5 month deal. Indian Oil Corp (IOC) will supply 12-13 fuel cargoes to Sri Lanka to help the island nation facing an energy crisis, the Indian company said
BharatPe removes Ashneer Grover's profile from website. Along with BharatPe, Unity Small Finance Bank, which is a joint venture between BharatPe and the Centrum Group, has also removed his profile from its portal
Live tutoring startup Filo raises mn in series A led by Anthos Capital. Filo will use the funds mainly for product development as it goes deeper into modeling pedagogy at scale, expanding the team, tapping new categories, and scaling its tutor base across the country
Former boss Ghosn says Nissan's lack of vision is hurting Renault. Ex-Nissan Motor chairman Carlos Ghosn, who was ousted following his arrest in Japan, said that its alliance partner Renault SA is struggling because of the Japanese automaker's lack of vision
Social Alpha, Villgro, Brigade REAP invest seed 5,000 in Strawcture Eco. The recipient is a sustainable construction start-up that develops biopanels from agriculture reside
Vodafone Idea board approves fundraising of up to Rs 4,500 cr via shares. The board approved issuance of up to 3.38 bn equity shares at issue price of Rs 13.30 per share
Eat Better Ventures raises Rs 5.5cr seed led by Java Capital, Mumbai Angels. The company will be using the funds to ramp up its production capacity, build a robust team, launch new products, and augment its marketing and distribution
Formula One terminates contract with Russia after Ukraine invasion. Formula One has terminated its contract with the Russian Grand Prix following the country's invasion of Ukraine, saying Thursday that Russia will not have a race in the future.
Exxon's exit from Russia amid Ukraine war puts ONGC Videsh in a fix. Exxon Mobil Corp's decision to exit Russia has put India's flagship overseas firm ONGC Videsh in a fix as it is a partner in the global energy giant-operated Sakhalin-1 oil fields in Far East Russia
Agro-chemicals major UPL plans share buyback of up to Rs 1,100 crore. The buyback of shares will be at a price not exceeding Rs 875 per equity share through the open market route
Accel raises 0 mn fund to invest in Indian and SE Asian start-ups. It was an early investor in unicorn start-ups like Flipkart, Swiggy, Zetwerk, Cultfit, Acko and others
Vedanta pays out dividend for 3rd time in FY22 amid commodity price rally. Billionaire Anil Agarwal's Vedanta Ltd will pay a dividend to investors for the third time this financial year as a rally in commodity prices boosts its earnings.
CCI cannot question pleadings of a party before a court: Amazon tells NCLAT. The US e-commerce giant made this argument related to CCI's show-cause notice issued to it in June last year
Sixth Sense Ventures leads Rs 76 cr investment in logistics start-up Prozo. The funds will be used to expand Prozo's warehousing and fulfilment footprint, client base, and technology and analytics capability, the statement said
Maruti shares tank 6% on marginal decline in February sales. Shares of Maruti Suzuki India (MSI) on Wednesday tumbled 6 per cent after the company reported a drop in total wholesales in February.
COAI, GSMA sign pact to advance mobile telecommunications in India. The memorandum of understanding (MoU) was signed in Barcelona by COAI Director-General S P Kochhar and GSMA Head (Asia-Pacific) Julian Gorman
Russia's Sakhalin 1 partners to decide on ops in next few weeks: ONGC. ONGC Videsh said it and its partners will decide on how to keep operating the Sakhalin 1 project over next few weeks, after Exxon Mobil's decision to exit Russia's oil and gas sector
Max Life incorporates pension fund subsidiary, to infuse Rs 55 crore. Max Life Insurance Company Ltd has incorporated a wholly-owned subsidiary Max Life Pension Fund Management Ltd and will infuse Rs 55 crore into the firm by subscribing to 5.5 crore shares
NMDC Apr-Feb output jumps 26% to 37.18 MT; sales up 25.5%. In February 2022, the company saw its production growing 11.7 per cent to 4.31 MT from 3.86 MT in the same month last year
Telecom infra provider ATC India appoints Sandeep Girotra as CEO. Telecom infrastructure provider ATC India on Wednesday announced the appointment of Sandeep Girotra as its chief executive officer (CEO)
HCL Technologies, IBM collaborate for telecom network solution. This CoE will help CSPs (communication service providers) modernise their network infrastructure, transform service delivery and simplify operations
Bajaj Auto reports 16% drop in total sales to 3,16,020 units in Feb. Bajaj Auto on Wednesday reported a 16 per cent drop in its total sales to 3,16,020 units in February. The company had sold 3,75,017 units in February 2021. Domestic sales last month stood at 1,12,747 units as against 1,64,811 units, down 32 per cent, Bajaj
Firms to give 9.1%, salary increments in 2022, beat pre-Covid levels: Study. Almost all 450 organisations that participated in Deloitte Touche Tohmatsu survey are planning to give hikes.
Ashneer Grover's family siphoned funds to lead lavish lifestyle: BharatPe. Ashneer Grover's family and their relatives engaged in extensive misappropriation of company funds, including creating fake vendors through which they siphoned money, says company in statement
Google, MeitY to help 100 Indian startups build high-quality apps for world. Google, MeitY Startup Hub on Wednesday announced a cohort of 100 Indian early to mid-stage startups, to help these startups build high-quality global apps and games as part of the Appscale Academy.
Google, MeitY to help 100 Indian startups for making global apps, games. As part of the 6-month programme Google and MeitY, will train 100 startups through a customised curriculum designed to help them drive high-quality apps for a global market
Venture capital firm Accel launches 0 mn fund for India, Southeast Asia. Global venture capital firm Accel has launched a 0 million fund for Indian and Southeast Asian startups, underscoring the large pool of capital being deployed by funds
Religare Enterprises is now debt-free, shares up 3% amid new vertical plans. The company said it will enter new sectors such as Asset Reconstruction, Alternate Investment Funds, Insurance Broking, Digital Wealth Management
Mela Ventures closes its first fund at Rs 320 cr. The fund was oversubscribed by 1.6x times from first close target
Kia India sales rise 8.5% YoY to 18,121 units in February. Kia India on Wednesday said its sales increased 8.5 per cent year-on-year to 18,121 units in February.
FMCG industry faced consumption slowdown in urban markets in 2021: Nielsen. The Indian FMCG industry witnessed a consumption slowdown in urban markets and de-growth in rural areas in 2021, as the sector was hit hard by higher inflation levels
Religare Enterprises to create war chest for new business ventures. The company said it was in the process of creating a war chest to grow the new ventures organically and inorganically
Top headlines: Grover accused of money laundering; Biden warns Putin. Business Standard brings you the top headlines on Wednesday
Nasscom, Microsoft announce 2nd 'AI Gamechangers' to boost AI adoption. In a bid to accelerate AI (artificial intelligence) adoption in India, Nasscom and Microsoft on Wednesday announced the second edition of the 'AI Gamechangers' awards
Ford splits electric vehicle, internal combustion into separate units. Ford is splitting its electric vehicle and internal combustion divisions into separate businesses. The automaker said Wednesday that its plan includes two distinct, but strategically interdependent, auto businesses Ford Blue focusing on traditional combus
Hero MotoCorp shares decline over 4% after 29% drop in Feb sales. Two-wheeler market leader Hero MotoCorp had on Tuesday reported a 29 per cent decline in total wholesales at 3,58,254 units in February
Ilker Ayci turns down Tata Group's offer to be new Air India CEO. Plan B: 5-member interim panel to run the airline
Reliance Retail Ventures buys majority stake in Abraham & Thakore. Last year, RIL arm had partnered Manish Malhotra's brand and Raghavendra Rathore's company
Improving customer experience spurs AI use in BFSI, says report. 83% of BFSI leaders believe enhancing customer experience is top driver of AI implementation
Canada's CPPIB to invest Rs 2,650 crore in JV with realty firm RMZ Corp. RMZ owns and operates a real asset portfolio of 67 million square feet, and are poised to grow to 350 million square feet of assets by 2032
L&T Finance Holding plans to hasten the pace of retail loan growth. The growth outlook is very conducive as the economy comes out of a turbulent period due to the pandemic.
From Lux to Kissan Jam, Hindustan Unilever hikes prices by 3-13% in Feb. The price increases come on the back of constant rise in raw material costs
Ashneer Grover resigned after receiving Board meet agenda on PwC probe. Ashneer Grover's 9.5% stake in the company might be clawed back as it is on the Board's agenda to deliberate on the issue in the meeting tonight.
Skoda Auto posts over five-fold jump in sales to 4,503 units in Feb. The company had sold 853 units in the same month last year.
MG Motor India's retail sales rise 5% to 4,528 units in February. MG Motor India on Tuesday said its retail sales increased 5 per cent year-on-year to 4,528 units in February.
Turkey's Ilker Ayci declines Air India CEO role in setback for Tata Group. RSS-affiliate Swadeshi Jagran Manch had last Friday said the government should not give clearance to the appointment of Ilker Ayci 'keeping in view national security'
Tata Motors domestic sales rise 27% to 73,875 units in February. The company had dispatched 58,366 units in February 2021.
Nissan India Feb sales surge 57% to 6,662 units, over 4,000 nos exported. The company sold 2,456 units in the domestic market and exported 4,206 units in February
Maruti Suzuki sales decline marginally in February to 164,056 units. Last month, the company's domestic sales slipped 8.46% to 140,035 units
Meta takes down 15 mn pieces of content across Facebook and Instagram. Meta actioned 1.4 million content related to adult nudity and sexual activity, 233,600 pieces of content related to bullying and harassment and 1.8 million violent and graphic content
Hyundai Motor Feb sales fall 14% to 53,159 units, exports down 10.7%. The company had sold 61,800 units in the same month last year, Hyundai Motor India said in a statement
Ashok Leyland CV sales up 7% in Feb to 14,657 units. Hinduja flagship firm Ashok Leyland on Tuesday reported a 7 per cent rise in commercial vehicle sales to 14,657 units in February.
Adani makes foray into media business with Quintillion stake. Also, Bloomberg Media and Quintillion Media will no longer co-produce content but will continue to distribute Bloomberg content in India through a license agreement
Berger monitors cost, demand closely before taking price hike call. Berger Paints India Ltd on Tuesday said it was monitoring the cost pressure in the wake of crude price hardening but will take a call after tracking the demand scenario. With crude oil trading above USD 100 per barrel owing to Russia's invasion of Ukraine,
OTO achieves Rs 100-cr disbursal for 11k vehicles via its commerce platform. OTO, founded in 2018 by IIT-Mumbai alumnus Sumit Chhazed and Harsh Saruparia, has facilitated in sale and financing of over 11, 000 vehicles, of which approximately 2, 700 vehicles are electric
Honda Cars India wholesales dip 23% in Feb to 7,187 units. Honda Cars India on Tuesday reported a 23 per cent decline in domestic sales to 7,187 units for February.
Fintech startup Snapmint raises mn in Series A from 9 Unicorns, others. The BNPL platform makes it easy for Gen Z consumers to buy any lifestyle category product, be it clothes, accessories or mobile phones, using small installments and no-cost monthly payment options
Coal India output rises 4% to 64 MT in February. State-owned CIL produced 64.3 million tonnes of coal in February, registering a growth of nearly 4 per cent compared to the year-ago period. Coal India Ltd (CIL) had produced 61.9 MT of coal in the corresponding month of previous fiscal. In a statement on
M&M total sales jump 89% in Feb to 54,455 units, PV sales rise 80%. Mahindra & Mahindra (M&M) on Tuesday said its total sales increased by 89 per cent to 54,455 units in February. The company's total sales stood at 28,777 units in February 2021. The Mumbai-based auto major's passenger vehicle sales in the domestic market r
Top headlines: Ayci declines AI CEO role; Indian student dies in Ukraine. Business Standard brings you the top headlines on Tuesday
Lupin launches generic medication, to be manufactured in Nagpur, in US. Drug maker Lupin on Tuesday said it has launched Sevelamer Hydrochloride tablets (800 mg), used to treat hyperphosphatemia in patients with chronic kidney disease, in the US market
Truecaller partners with Tanla to improve efficiency for business messaging. Tanla and Truecaller are confident that this partnership marks the beginning of a newS era of digital engagement which will bring brands and users closer
Chip woes continue to hobble auto dispatches in Feb; TaMo, M&M buck trend. Leading carmakers Maruti Suzuki, Hyundai, Toyota and Honda witnessed a drop in vehicle dispatches to dealers last month as the global semiconductor shortage continued to impact production. Tata Motors, Mahindra & Mahindra, Skoda and MG Motor, on the other
Google removes over 100,000 pieces of bad content in India in January. The 104,285 pieces of content were removed under various categories like Copyright, Trademark, Court Order, Graphic Sexual Content, Circumvention, and others
TVS Motor sales drop 5% in Feb at 281,714 units; two-wheeler sales fall 11%. TVS had posted a total sales of 2,97,747 units in the same month last year, the company said in a statement
Royal Enfield sales dip 15% in February; domestic sales decline 20%. The company had reported sales of 69,659 units in the same month last year
Reliance Retail invests in Abraham & Thakore for majority stake. Billionaire Mukesh Ambani's Reliance group on Tuesday said its retail arm has invested in luxury fashion house Abraham & Thakore for an undisclosed majority stake, strengthening the line of lifestyle brands under its umbrella. "Reliance Retail Ventures Ltd
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