NSE share market NEWS tomorrow (23 February, 2022). NSE stocks in NEWS (tomorrow)
NSE share market NEWS tomorrow (23 February, 2022). NSE stocks in NEWS (tomorrow) These are NSE stocks which will be in NEWS tomorrow as on 23 February 2022
Crompton Gr was amongst the top gainers, currently trading at 407.80 in NSE with 3.608 times change in volumes and 7.316% change in price. Other gainers included Dlf with 6.12% price change and 0.857 times volumes, Prestige Estates with 4.856% price change and 1.641 times volumes, Oberoi Realty with 4.58% price change and 1.849 times volumes, and Union Bank with 4.034% price change and 0.429 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.
Tube Invest was amongst the top losers, currently trading at 1574.10 in NSE with 1.082 times change in volumes and -3.284% change in price. Other losers included Oil Natural with -2.546% price change and 0.725 times volumes, Hero Motocorp with -2.21% price change and 0.979 times volumes, Nhpc with -1.91% price change and 0.778 times volumes, and Odisha Cement with -1.898% price change and 0.593 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.
Loyalty solutions provider Xoxoday raises mn from Giift, Apis Partners. The investment includes both primary and secondary capital components, and the collaboration will enable both Giift and Xoxoday to enlarge their service offerings and accelerate growth globally
Maruti Suzuki expects sales momentum to continue with better chip supplies. Maruti Suzuki India Managing Director and CEO Kenichi Ayukawa said that the company could even reach the 2018-19 peak volume level if the chip supply remained adequate
Pune-based Pinnacle Mobility to launch EKA brand e-buses in 2-3 months. Plans to invest Rs 2,000 crore over the next five years as it seeks to build a portfolio of EVs in the last-mile mobility segment
Rajnish Kumar rejects Ashneer's charges, says not stepping down from board. Amid the thickening Ashneer Grover-BharatPe saga, Chairman of the board of directors Rajnish Kumar said that Grover is only spreading lies and there is no substance in his allegations
Seeds Fincap plans to disburse Rs 250 crore in next financial year. The company, which has operations in Uttar Pradesh, Haryana and Rajasthan with 24 branches in Tier 2 and 3 towns, completed disbursement of Rs 50 crore worth loans on Wednesday
Wonderchef enters diningware segment; eyes Rs 50 cr revenue in first year. The company, co-founded by celebrity chef Sanjeev Kapoor and Ravi Saxena in 2009, expects to close this fiscal with Rs 400 crore in topline (revenue), a growth of over 40 percent from FY21
India's SwaTaleem Foundation chief in Google 'leaders to watch' list. Tiwari and other awardees will each receive an unrestricted financial award of ,000 for personal or professional development and mentorship from senior leaders at Google
Arrivae raises Rs 75 crore in funding from Think Investments, Havells Group. The Series B funding round also saw participation from Emerge Capital and existing investors, Arrivae, backed by ace investor Rakesh Jhunjhunwala said in a statement
Virgin Hyperloop fires nearly half of its workforce, to focus on cargo. US-based Virgin Hyperloop, which had expansion plans for the Indian market, has reportedly laid off nearly half of its staff.
BharatPe saga: Allegations fly thick and fast as firm fires Madhuri Jain. Founder & MD Ashneer Grover has filed an emergency plea in SIAC to stop a probe into alleged financial mismanagement in the company.
Zee approaches NCLT for dismissal of IndusInd bank's insolvency plea. IndusInd Bank had moved NCLT claiming default of Rs 83.08 crore against the media & entertainment firm.
Ronnie Screwvala-backed startup Lido Learning shuts shop, workers seek help. Many Lido Learning's employees and vendors complained about not getting salaries for nearly two months and delayed payments on professional networking platforms and social media
Cars24 announces ESOP buyback of Rs 75 cr after raising 0 mn in funding. The value of total ESOP buyback by Cars24 to date stands at Rs 113 crore. The company claims to have consistently held annual ESOP buybacks for the past four years.
Fitch affirms Power Grid Corporation's 'BBB-' rating, outlook 'negative'. The Fitch ratings on Power Grid Corporation of India Ltd are constrained by the credit profile of the India sovereign (BBB-/negative), which owns 51.34 per cent of the company
udaan shipped over 260 mn products across 1000 cities of Bharat in 2021. In 2021, udaan witnessed a huge surge in business across essentials category adding over 300,000 new retailers and a repeat purchase rate of over 94 per cent.
TCS tweaks leadership, Suresh Muthuswami made chairman, North America. Surya Kant, who has been at the helm of TCS North America and has spent 43 years at TCS, retires at the end of the fiscal year
TVS Motor Company's two-wheeler exports clock 1 million units in 2021-22. The key exports include the TVS Apache series, TVS HLX series, TVS Raider, and TVS Neo series.
Rio Tinto's record 2021 profit masks challenges to growth outlook. Rio Tinto Group posted record profit for 2021 on strong demand for iron ore from China
PC shipments grow 44.5% YoY in CY2021, bolstered by remote working: IDC. Year 2022 may see softening of PC uptake due to supply constraints and pricing rise
SC asks Amazon, Future to urge NCLAT to decide on plea against CCI order. The bench deferred the hearing after brief arguments on being told that the NCLAT is hearing another appeal of Amazon related to the merger deal
Maruti Suzuki drives in new Baleno: Price, other details here. The country's largest carmaker Maruti Suzuki India (MSI) on Wednesday launched the all new version of its premium hatchback Baleno priced between Rs 6.35-9.49 lakh (ex-showroom). The manual trims of the model are priced between Rs 6.35 lakh and Rs 8.99 lak
Coca-Cola ropes in Shah Rukh Khan as brand ambassador for Thums Up. Beverage major Coca-Cola has signed Bollywood heartthrob Shah Rukh Khan as the brand ambassador for Thums Up. Earlier, Khan was associated with rival cola brand, Pepsi, for a long period of time and this is his first big endorsement after the controversy i
Sachin Tendulkar to teach cricket online on edtech platform Unacademy. Edtech unicorn announces the launch of 'Unacademy Icons' to provide a structured curriculum taught by industry icons
India could export 0-bn green energy over 20 years: Mukesh Ambani. RIL chairman said technological progress will make energy affordable on the basis of commercial viability.
Barclays boosts investor payouts after record annual profit in 2021. Bonus pool rises 23% as performance improves; ex-CEO Staley's bonuses frozen pending Epstein dispute
Bosch acquires 26% stake in B2B e-commerce firm Autozilla Solutions. The Hyderabad-based, Autozilla Solutions specialises in the development of electronic parts catalogues for spare parts
Airtel CEO bats for giving out E-band backhaul spectrum with 5G frequencies. Bharti Airtel CEO Gopal Vittal on Wednesday made a strong pitch for giving out E-band backhaul spectrum with 5G radiowaves
Reddit-owned Tiktok rival Dubmash dies a silent death. Popular online discussion platform Reddit, which acquired short-form video social platform Dubsmash late last year, has finally shut down the platform.
UK's Vodafone to sell partial stake in Indus; to infuse proceeds in Vi. Vodafone has launched an initial sale of 63.6 million Indus shares through an accelerated book building offering and said it was in talks with various parties regarding the sale of its remaining share
Indiamart Intermesh to acquire 26% stake in IB Monotaro for Rs 104.2 cr. B2B e-commerce Indiamart Intermesh will acquire 26 per cent stake in industrial e-commerce firm IB Monotaro for Rs 104.2 crore, the company said in a regulatory filing.
Top headlines: Amazon, Future asked to approach NCLAT; ED arrests Malik. Business Standard brings you the top headlines on Wednesday
Automaker Stellantis reaps -billion profit in 1st year of merger. Automaker Stellantis said Wednesday that it made 13.4 billion euros (USD 15.2 billion) in its first year after it was formed from the merger of Fiat Chrysler Automobiles and PSA Group. The earnings nearly tripled profits compared with its pre-merger existe
Dabur to reach its wares to 140 mn Indane users via IndianOil delivery team. Move will help Dabur leverage IndianOil's reach via booklets given to consumers through OMC's delivery team. An app will also help customers order directly, and get the products delivered by this team
Rakesh Jhunjhunwala-backed furniture maker bags Rs 75 cr in funding. Arrivae raises Series B investment from Think investments and Havells
Truecaller records sales growth of 111% to mn in December quarter. The caller identity verification company also recorded a profit after tax of million in Q4 compared to a loss of 0,000 in the year-ago period
Ford recalls 330,000 Mustangs in US to fix rear camera problem. Ford is recalling more than 330,000 Mustangs in the US to fix backup camera displays that go blank or become distorted. The recall covers cars from the 2015 to 2017 model years. Documents posted Wednesday by the US National Highway Traffic Safety Administr
India's green energy exports to touch 0 bn in 20 years: Mukesh Ambani. The statement comes at a time when RIL has started aggressive expansion into the green energy sector with solar equipment manufacturing, green hydrogen production and energy storage
Zydus gets regulator nod to market generic diabetes drug in American. Zydus Group on Wednesday said it has received final approval from the US health regulator to market diabetes medication Dapagliflozin tablets in the American market. The drug maker has received final approval from the US Food and Drug Administration (USFDA
Jio launches two new prepaid packs with Disney+ Hotstar premium plans. The new Rs 1,499 plan lets users enjoy a 1-Year Disney+ Hotstar Premium subscription, along with 2 GB data per day, 84 days validity, unlimited voice, 100 SMS per day and subscription to Jio Apps
IvyCap Ventures announces first close for its Fund 3 at Rs 1,608 cr. Two-thirds has been raised from existing investors. Quite a few new institutional investors including banks, insurance companies and govt depts have also participated
SC directs Amazon, Future to NCLAT for speedy disposal of CCI case. Amazon has challenged Competition Commission's order cancelling its 2019 deal with Future Coupons
IBM's new cybersecurity hub to train APAC companies thwart cyberattacks. IBM announced a new cybersecurity hub that will train companies in Asia Pacific (APAC) region to manage the growing threat of cyberattacks.
LinkedIn launches Creator Accelerator Program in India; aids 200 creators. ndia is the second market to roll out the program, after its successful launch in the US in September 2021
Workers start Supertech twin residential towers' demolition in Noida. The Edifice Agency has deployed a team of about 200 workers and engineers to demolish the walls of the 40-storey twin towers
Bengaluru-based neobank Fi crosses 1 mn users within 10 months of launch. This comes after the platform recently raised million in a funding round led by Facebook co-founder Eduardo Saverin's B Capital
SaaS start-up Hasura enters unicorn club with 0 mn Series C funding. Greenoaks-led round will be used to expand R&D and go-to-market activities for GraphQL
NBCC assures SC about quality and structural safety of Amrapali projects. National Buildings Construction Corporation (NBCC) has assured the Supreme Court that the construction of stalled projects of Amrapali Group will be of good quality
Financial viability important for starting new overseas flights: Vistara. With fuel cost being higher, we have to review where we should be looking at for additional operations, said Vistara's chief Vinod Kannan
Vymo raises mn in series C round from BII, Sequoia, existing investors. BII's Rohit Sood will be joining the company's board
SIS bags project worth Rs 225 cr to provide security solutions to CIL arm. As part of the contract, SIS will deploy security personnel in different categories to provide security services across 18 sites
CoutLoot: A digital platform for bargain hunters across Bharat and India. The firm allows buyers and sellers pan-India to haggle over price and terms in as many as 12 languages on chat platforms, is now planning video-enabled bargaining too
SJVN signs papers to get Rs 6,333 cr loan for Arun-3 hydro project in Nepal. State-owned SJVN on Tuesday signed papers to get a Rs 6,333.40-crore loan from a consortium of banks from India and Nepal for funding of its Arun-3 power project in Nepal. "SJVN Arun-3 Power Development Company, a subsidiary of SJVN Ltd in Nepal, today (on
Accenture to deploy ERP system for ABFRL for better customer service. The system will be designed to enhance customer service by combining ABFRL's manufacturing and retail functions into a digital core for fashion and vertical business, it said
HSBC's profit before tax from India rises marginally to USD 1.11 bn. The country is the fourth biggest profit centre for the UK-headquartered lender, after Hong Kong, the UK and Mainland China, according to an official statement
NCLAT allows RARCL plea to initiate insolvency against Narendra Plastics. The National Company Law Appellate Tribunal on Tuesday set aside an NCLT order that rejected an appeal by Reliance Asset Reconstruction Company Ltd (RARCL) to initiate insolvency proceeding against Narendra Plastics. The NCLAT also directed the NCLT to ini
Procter & Gamble India extends benefits to partners of LGBTQ+ staff. FMCG maker Procter & Gamble India on Tuesday said it will extend all company-offered financial and medical benefits to the partners of its LGBTQ+ employees. Earlier these benefits were available to spouses of married employees and will now be extended to t
Bank of India says it can absorb mark-down of recapitalisation bonds. Lender makes statement as central bank expresses concern at the recapitalisation of state-owned lenders through zero-coupon bonds.
Rural social network Krishify gets .2 mn funding for expanding business. Krishify app helps farmers, rural communities and agribusiness companies to interact and transact among themselves.
Data centre specialist Princeton Digital raises 0 mln, led by Mubadala. The funding will enable the Princeton Digital to deepen its presence in Japan, India, Singapore.
Accenture to drive digital transformation at Aditya Birla Fashion. Accenture will develop an Enterprise resource planning system (ERP) to streamline business processes and accessibility of data across clothing brand's stores for Aditya Birla Fashion.
Online healthcare firm MediBuddy raises 5 mn in Series-C funding. MediBuddy, which recently got actor Amitabh Bachchan as a brand ambassador, is aiming to scale up business
Influencer-marketing firm Adicube raises Rs 12 cr in pre-seed funding. Adicube gives brands access to more than 5,000 verified influencer profiles and offers transparency in costs.
Jet Airways appoints SriLankan Airlines ex-CEO Vipula Gunatilleka as CFO. Jalan-Kalrock consortium-owned Jet Airways on Tuesday announced the appointment of former SriLankan Airlines' CEO, Vipula Gunatilleka as the Chief Financial Officer. "We are excited to welcome Vipula Gunatilleka to our young and energetic team. Vipula is a
CCI seeks more information, likely delaying PayU's acquisition of Billdesk. The deal will help PayU become an online payment provider globally by total payment volume.
Vistara to ramp up manpower to 5,000 this year, says CEO Vinod Kannan. The airline, which currently has 50 planes, aims to have 70 planes by the end of 2023 after taking into account some aircraft that will be returned to lessors
Aditya Birla Fashion selects Accenture to speed up its digital shift. Accenture will design, develop, and deploy an ERP system based on SAP S/4HANA to streamline business processes, improve visibility and accessibility of data across ABFRL
SoftBank-backed Swiggy eyes 0-mn IPO early next year: Report. Swiggy has begun adding independent directors to the board, and plans to position itself as a logistics company and not just a food delivery firm, according to the report
Proptech startup Facilio raises mn from Dragoneer, Tiger Global, others. Facilio offers a unified software platform that leverages an AI-led predictive engine to help real estate portfolios digitise processes and optimise their property operations
sRide car-pooling app offers services without required approval: RBI. RBI cautioned the public against sRide car-pooling app saying the tech firm offers semi-closed (non-closed) pre-paid instrument (wallet) services without authorisation from the central bank.
Indian Hotels expands presence in Uttarakhand with new resort. Indian Hotels Company Ltd (IHCL) on Tuesday announced the addition of its second hotel in Rishikesh with the signing of a new SeleQtions resort. The formerly operating resort will be rebranded as Anand Kashi, an IHCL SeleQtions resort post renovation. Suma
Cosmea Financial launches Torus Private Wealth; targets bn in AUM. Sam Ghosh promoted Cosmea Financial Holdings (CFH) announced the launch of Torus Private Wealth with a target of achieving an asset base of billion in the next 3 years.
Warburg to buy minority stake in medical devices major Meril for 0 mn. Leading global growth investor Warburg Pincus has agreed to pick up a minority stake for USD 210 million (about Rs 1,575 crore) in Micro Life Sciences, the parent firm of the Meril Group, which is the largest medical devices firm in the country. Warburg sa
LIC says PMJJBY policyholders are not eligible for 'quota benefits'. LIC issued a clarification saying Pradhan Mantri Jeevan Jyoti Bima Yojana (PMJJBY) subscribers are not eligible to avail the benefits offered to policyholders in the proposed IPO
ApplyBoard sees 52% jump in Indian students to the UK. According to the study, like Canada, the UK also witnesses Indian students preferring courses around business and management, while Math and Computer Science courses are next preferred
Mahindra Finance raises Rs 300 cr by issuing bonds on pvt placement basis. Mahindra & Mahindra Financial Services on Tuesday said it has raised Rs 300 crore by issuing bonds on a private placement basis. A meeting of the committee of the board on Tuesday approved the allotment of 3,000 secured redeemable non-convertible debenture
Hyundai Mobis to invest up to .72 billion on auto chips, robotics. Hyundai Mobis, the auto parts making unit of Hyundai Motor Group, plans to spend up to .72 billion in the next three years to bolster auto chips, mobility
IndiaMART invests Rs 91.42 cr, takes stake to 16.53% in Fleetx Technologies. Fleetx.io has raised a total of Rs 145 crore in this round, led by IndiaMART along with participation from existing investors IndiaQuotient and BEENEXT
Meesho helps digitise 400,000 sellers across India as part of 100 mn vision. Nearly 70,000 of these are from Delhi. NCR has highest number of women sellers on the platform
Husk Power Systems bags mn finance for rural microgrids in India. Smart Power India said its partner Husk Power Systems has bagged the largest-ever debt financing of million for rural microgrids in India to construct 140 mini-grids in rural India.
Baaz Bikes raises mn in funding round led by Kalaari Capital. Baaz says it aims to solve the critical problems faced by gig delivery workers, i.e., long range requirements, rising petrol costs, lack of capex to buy bikes and heavy downtime due to maintenance
Apple's foldable iPhone delayed until 2025, focus on foldable MacBooks. Tech giant Apple is likely delaying its foldable iPhone until 2025 as the company has reportedly shifted its focus towards foldable MacBooks
Hero MotoCorp joins hands with BPCL to set up charging infra for 2W EVs. As part of the collaboration, the two entities will first establish a substantial charging infrastructure at the existing nationwide energy station network
India Inc's governance score improves marginally in 2021, shows IiAS study. 20 companies were in the 'Leadership' category, against 11 in 2020 and six in 2019. These included Airtel, Cipla, HDFC Life, Marico and Tata Motors among others
India has third-largest ecosystem for start-ups: Nasscom Official. 'The number of start-ups is growing significantly in the country with ten per cent being added every year'
Enforcement Directorate raids Indiabulls Finance offices in Mumbai, Delhi. In a statement to the exchanges, Indiabulls Housing Finance said ED had sought certain clarifications regarding the FIR
Adani, Ballard Power to explore investment in hydrogen fuel cell. Adani Group and Ballard Power Systems have joined hands to evaluate a joint investment in hydrogen fuel cells manufacturing in India. Under the MoU, both parties will examine various options to cooperate, including potential collaboration for fuel cell man
Bharti Airtel, Reliance Jio make big moves in undersea cable system. "Through SEA-ME-WE-6, Airtel will add a significant amount of 100 TBps capacity to its global network," the statement said
Binnopharm to acquire 2 anti-bacterial brands from Dr Reddy's. During the transition period, Dr Reddy's will continue to supply the product to Binnopharm Group to ensure availability in the market
Tata Consultancy Services launches digital innovation centre in Sydney. The TCS Sydney Digital Garage provides access to the company's global ecosystem of academia, start-ups, and technology providers
Tata-Mistry case: SC to hear review plea filed by Cyrus Investments. Mistry had succeeded Ratan Tata as the chairman of TSPL in 2012 but was ousted four years later
SBI Life Insurance to reclassify BNP Paribas Cardif as non-promoter. SBI Life Insurance Company (SBI Life) on Monday said its promoter BNP Paribas Cardif, holding 0.2 per cent share capital, has requested to be reclassified as a public shareholder
BNP Paribas Arbitrage buys L&T Finance Holdings shares worth Rs 413 cr. BNP Paribas Arbitrage on Monday bought shares of L&T Finance Holdings worth nearly Rs 413 crore through an open market transaction. As per block deal data on BSE, over 5.78 crore shares were purchased at an average price of Rs 71.35 apiece. This took the t
YouTube adds TikTok-style live rings to show when someone is streaming. The new update will display a ring with the word 'Live' on it around a channel's profile picture when they are live streaming
PMJJBY policyholders also eligible for LIC IPO 'quota benefits'. Pradhan Mantri Jeevan Jyoti Bima Yojana (PMJJBY) subscribers are also eligible to avail the quota benefits reserved for the LIC policyholders
IRCTC users to get cheaper AC class tickets through BoB credit card. The card will also get multiple benefits for shopping across other categories ranging from groceries to fuel
Rajasthan: Cairn Vedanta makes oil discovery in OALP block in Barmer dist. Vedanta group firm Cairn Oil & Gas on Monday announced an oil discovery in a Barmer district block of Rajasthan, not very far away from its prolific oilfield in the same desert. In a stock exchange filing, the firm said it has notified the government and t
Contract drug maker V-Ensure gets Rs 130 cr from Investcorp, Tanas Capital. Founded in 2010, V-Ensure is into specialty pharmaceutical formulations focused on complex generics for regulated markets
Fortis Healthcare matter: Former official settles case with Sebi. Vishal Bali, a former official at Fortis Hospitals, settled with Sebi a case pertaining to allegedly aiding in the diversion of public shareholders' funds for the benefit of the promoters of Fortis
Hero MotoCorp elevates Ranjivjit Singh to new role of Chief Growth Officer. Hero MotoCorp on Monday said it has created a new position, titled Chief Growth Officer, integrating the marketing, sales and after-sales functions and has appointed Ranjivjit Singh to the post with immediate effect. Singh, who has been heading the marketi
Sintex lenders to seek extra time from NCLT to complete resolution process. Lenders of Sintex Industries will approach the National Company Law Tribunal (NCLT) to seek an extension of time for the completion of the Corporate Insolvency Resolution Process (CIRP) and select a bidder for the debt-ridden textiles maker. The Committee
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