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NSE share market NEWS tomorrow (17 February, 2022). NSE stocks in NEWS (tomorrow)

NSE share market NEWS tomorrow (17 February, 2022). NSE stocks in NEWS (tomorrow) These are NSE stocks which will be in NEWS tomorrow as on 17 February 2022

Adani Green was amongst the top gainers, currently trading at 2047.60 in NSE with 2.524 times change in volumes and 5.997% change in price. Other gainers included Suzlon Energy with 4.926% price change and 0.684 times volumes, Cg Power with 3.927% price change and 1.076 times volumes, Bharat Dynamics with 3.035% price change and 1.606 times volumes, and Icici Pru with 3.013% price change and 0.912 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.

Nmdc was amongst the top losers, currently trading at 144.65 in NSE with 0.921 times change in volumes and -5.272% change in price. Other losers included Fsn E with -3.73% price change and 3.289 times volumes, Muthoot Finance with -3.4% price change and 1.295 times volumes, Iifl Holdings with -3.279% price change and 0.599 times volumes, and National Aluminium with -2.815% price change and 0.904 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.

Juspay Technologies launches solution for interoperablility of PPIs. The launch of 'Openppi' follows the May 2021 regulation from RBI mandating prepaid cards and wallets that are full-KYC-compliant to be fully interoperable by March 2022

IOC raises Rs 1,500 cr via bonds at interest rate lower than sovereign. IOC priced its five-year rupee bonds at a coupon rate of 6.14 per cent tighter than a similar maturing government bond that is trading at an annualised yield of 6.29 per cent

Apollo Hospitals inks pact for tertiary care hospital in Uzbekistan. The Apollo Hospitals inked a pact with Marafon Group for setting up a first-of-its kind tertiary care hospital in Uzbekistan, the leading corporate hospital said on Thursday. The partnership with Apollo Hospitals will provide quality healthcare for over 60

Greater confidence now of co-existing with virus: HDFC Deepak Parekh. HDFC Chairman Deepak Parekh said after almost two years into the pandemic, there is now greater confidence of co-existing with the virus and the optimism of a return to near normalcy.

Hindujas-backed MindMaze secures 5 mn funding led by Concord Health. Hindujas-backed digital neuro-therapeutics solutions provider MindMaze on Thursday said it has secured a USD 105 million (over Rs 785 crore) financing led by Concord Health Partners, a US-based healthcare private equity firm. The round also witnessed parti

Settle Hero trademark row via arbitration: Delhi HC to Munjals. The Munjal brothers were entangled in a legal battle to claim ownership of the Hero brand

Wealth management start-up Fintso looking at -million funding. Fintso, the start-up focused on financial advisors in the wealth management space, is looking at raising at least USD 10 million from venture capital funds by late-March or early-April. The API-based platform-as-a-service for financial advisors and their c

Lupin receives USFDA approval for antibiotic Solosec. Lupin Ltd on Thursday said it has received approval from the US health regulator for its supplemental New Drug Application (sNDA) for usage of its antibiotic Solosec.

RIL brings bn forex bonds on India INX in largest listing by pvt firm. The listing includes the billion jumbo bonds raised in January, which was termed as the largest ever foreign currency bond issuance in South East Asia

Cloud-based solutions an opportunity and challenge for government projects. There is also a need for departments to educate the members about cloud and usage and procurement as the financial contours are different

Ambuja Cements to invest Rs 3,500 cr for raising cement grinding capacity. Ambuja Cements Ltd, part of Swiss building material major Holcim group (earlier LafargeHolcim), on Thursday announced an investment of Rs 3,500 crore for expansion of its cement grinding capacity. "The board has approved in principle an investment of Rs 3,

Future Retail seeks lenders' nod to pay foreign bonds' dues. Future Retail has approached lenders with a plea to allow it to make interest payments of about $ 14 mn on the foreign currency denominated bonds

Top headlines: LIC virtual road shows underway, Ukraine tensions drag on. Regulator asks commercial banks to make KYC ironclad as frauds rise. More on that story in our top headlines.

Balkrishna Industries: Margin outlook weighs on near term prospects. Balkrishna Industries: Volume constraints and valuations are the other concerns

Kulmeet Bawa on plan to double India's contribution for SAP India. In a chat with Business Standard's Shivani Shinde, Kulmeet Bawa, President and MD for SAP Indian Subcontinent, talks about the ambitious target to turn its cloud business into a €22 bn revenue unit

Poonawalla Fincorp looking to exceed AUM of Rs 21,000 crore by FY23. The Poonawalla Fincorp AUM was flat at Rs 15,228 crore at the end of December 2021 against Rs 15,006 crore in December 2020

Jaguar Land Rover partners with Nvidia to develop software for SUVs. Starting in 2025, all new Jaguar and Land Rover vehicles will be built on the Nvidia Drive software-defined platform

ABFRL eyes over 10% of revenue from new age digital brands in 3-5 years. ABFRL will look at buying out a majority stake in D-2-C brands it will invest in as it has done in the past in its other investments.

Proactive For Her raises .5mn in series A round led by Vertex Ventures. Founded by Achitha Jacob in August 2020, Proactive For Her offers evidence-based primary and preventive healthcare services for women across life stages

PhonePe, NITI Aayog partner up to launch fintech open hackathon. The hackathon will provide an opportunity for innovators, digital creators and developers from all over India to think, ideate and code.

Indian digital-first brands have 0 bn opportunity by 2030: Report. The findings suggest that consumers opt for these new-age brands for their quality (and not only price) with significantly high repurchase willingness

Reliance delays 21-day crude unit shutdown to September: Report. The refiner had earlier planned to shut a crude unit at its 704,000 barrels per day (bpd) refinery for about three weeks in March, sources said. The refinery has two equal size crude units

Nestle India Q4 profit dips 20% to Rs 386.66 cr, net sales up 8.9%. Commenting on the annual performance, Nestl India Chairman and Managing Director Suresh Narayanan said, '2021 was a very challenging year'

JSW Ispat Special Steel to transfer Raipur facilities to subsidiary. The transfer will be made via slump sale to wholly-owned subsidiary Mivaan Steels (MSL)

India's mobile subscriber count down by 12.8 mn in Dec 2021: Trai data. Reliance Jio lost about 12.9 million wireless subscribers, and that pulled down its mobile subscriber tally to 415.7 million in December 2021

Capgemini views India as more than a delivery centre: Group CEO Aiman Ezzat. The company is increasing the number of centres of excellence in the country this year. Many of these will now focus on technologies like IoT, smart factory, intelligent supply chain

Housing prices up 3-7% in top 8 cities in 2021; new launches up 75%: Report. Housing prices increased in the range of 3-7% last year across eight major cities due to rise in rates of construction raw materials like cement and steel, says property brokerage firm PropTiger.com.

Puravankara to invest Rs 1,550 cr to construct realty project in Kochi. The company's subsidiary Provident Housing Ltd will develop 3 million square feet in the project, which is spread over 18 acres, named 'Provident Winworth' at Kochi

ElasticRun, a B2B e-commerce start-up, raises 0 mn at .5-bn valuation. In the last round, which was Series D in April 2021, the e-commerce start-up had been valued at 0 million

Vedanta enters into pact with TERI to accelerate its ESG goals. Vedanta on Thursday said it has signed a pact with TERI to accelerate its Environmental, social, and governance (ESG) goals. Vedanta plans to invest around Rs 200 crore over the next five to 10 years on R&D and sustainability initiatives to promote and bui

RIL lists over bn worth of existing foreign currency bonds on India INX. Reliance Industries Ltd has listed its existing foreign currency bonds aggregating over billion on the India INX, in the largest such listing by a private entity on India INX and GIFT IFSC

Ashok Leyland expects turnaround in CV business, 30% market share in FY23. Having endured a few very tough quarters, the commercial vehicle major has seen its overall market share hovering around 24-25 per cent

BSE Ebix, LIC join hands for distribution of insurance products. 'Under this agreement, BSE Ebix will offer their clients insurance products offered by LIC such as Life and Health, using its omni-channel digital presence'

Dealshare raises mn from ADIA in Series E round at .7 bn valuation. Aims for billion of gross revenue run rate and operational profitability in next 12 months

Indian IT players to hire 360,000 freshers for FY22: Unearthinsight study. In order to retain talent, companies announced several measures like salary hikes, stock options, promotions, long-term incentives, higher skill increments, and upskilling/reskilling training

Upstox ropes in Myntra, Oyo executives to bolster leadership team. Harish Narayanan joins as Chief Growth Officer, Jayant Chauhan as Senior Vice President-Finance and Saurabh Agarwal as Vice President-New Initiatives

Zerodha co-founder Nikhil Kamath invests in drone start-up Omnipresent. This round also saw co-investments from Kavin Shah, and other individual high networth individual (HNIs), according to a statement released on Thursday

Uniphore raises 0 million in Series E funding at .5 bn valuation. The round brings the Chennai and Palo Alto-based start-ups's total funding to date to 0 million

Google announces privacy sandbox to limit data sharing for ads on Android. In what seemed like a jibe at Apple's privacy policy, search engine giant said other platforms have bluntly restricted tech used by advertisers and developers

Infosys may hire more than 55,000 freshers in FY23: CEO Salil Parekh. Second-largest IT exporter Infosys may hire more than 55,000 fresh graduates from campuses in FY23 as it sees a very good runway for growth going forward, says CEO Salil Parekh on Wednesday.

Hemant Kanoria moves NCLT for setting aside KPMG audit at SREI. Jan 19 application filed by Kanoria cited an issue of parallel auditing in the wake of CIRP (corporate insolvency resolution process) in SREI

Cyient partners with IIT-Hyderabad for 5G networks research collaboration. As part of the collaboration, Cyient will leverage a 5G core developed by IIT-Hyderabad for testing various digital use cases and interoperability with components

Challenge now for Indian e-commerce is to widen spending base:Mukesh Bansal. Curefit and Myntra founder adds that Tata is one of the most well-known brands with several consumer brands, and is about bringing these assets together

Vivo to invest Rs 3.5k cr in India by 2023, to start export devices in 2022. Smartphones maker Vivo plans to invest Rs 3,500 crore in two years to boost its manufacturing facility and start exporting devices from India this year, a senior company official said on Wednesday.

Air India growth vision: Tatas to spend on new planes, tech, go for revamp. He added that the group would also ensure that Air India becomes a financially strong company

Regional airline TruJet says talks on with investor after grounding flights. TruJet says it is in final stage of discussion with a potential investor who is funding mn within next few days

Wipro signs a 5-yr 0-mn strategic engagement deal with ABB Info System. ABB is a leading global technology company that energises the transformation of society and industry to achieve a more productive, sustainable future

Companies must pursue innovation, focus on becoming sustainable: Wipro CEO. Companies must put efforts to innovate and reinvent their approach while focusing on becoming more efficient, sustainable, and responsible in this decade of technology, says Thierry Delaporte.

IndiGo to seek shareholders' nod for Rahul Bhatia's appointment as MD. InterGlobe Aviation will seek shareholders' approval for appointment of co-founder Rahul Bhatia as the Managing Director

Edtech startup LEAD announces ESOP liquidation plan of mn for staff. Edtech start up LEAD on Wednesday announced an ESOP Liquidation Plan of about USD 3 million (about Rs 22.5 crore) for its employees. The move comes at a time when LEAD is aiming for a "high growth trajectory" following the recent series E fundraise of USD

VIL demonstrates 5G 'Voice over New Radio' capability during trials. Vodafone Idea Ltd said it has successfully demonstrated 5G Voice over New Radio (VoNR) capability with its technology partner Nokia, during the 5G trials currently underway in Gandhinagar, Gujarat.

BioNTech unveils new mobile vaccine factories for developing world. Germany's BioNTech has developed a vaccine factory made from shipping containers that it plans to ship to Africa

Ex-Goldman Sachs banker testifies 1MDB scheme a 'house of cards'. A former top banker at Goldman Sachs testified that he and other corrupt executives at the firm built a house of cards that was doomed to fall to try to conceal an audacious scheme

Didn't fulfil expectations; addressing gaps on war footing: Vistara CEO. Admitting that Vistara fell short of customers' expectations in the last few months, its Chief Executive Officer Vinod Kannan has said the airline is addressing some of the gaps on a war footing while many changes and enhancements are in the offing. Kannan

Future group's arm defaults on debenture repayments in February. The principal covered deferred installment of Rs 9 .41 crore and the February installment of Rs 11. 76 crore, the company said in an exchange filing.

Azad Moopen on Aster's India expansion plans and more. In an interview with Business Standard's Sohini Das, Chairman and MD of Aster DM Healthcare, Azad Moopen, shares his expansion plan in India. It will soon open its sixth hospital in Kerala. Listen in

India's IPO mania gets reality check, start-ups defer public debut. Investors sour on new tech offerings after calamitous listing of Paytm and the battering received by Zomato, Nykaa.

Loan fraud hits Indiabulls' fintech arm, fraudsters use PAN numbers. On Tuesday, many users took to social media to complain that their credit reports reflected loans taken by them from IVL Finance Ltd which later became Indiabulls Consumer Finance.

Top headlines: India Inc coffers swell; Sebi eases rules on top exec roles. The ambition of turning into a 0-billion industry by 2026 appears to be achievable for the Indian IT sector. More on that story in top headlines.

Govt to initiate investor outreach for IDBI Bank sale from Feb 25. The roadshows for the strategic disinvestment of IDBI Bank will be held virtually as investors are not keen on physical meetings due to pandemic fears.

Udaan extends ESOPs to all staff, removes 1-year cliff clause for vesting. All future ESOP allocations at the B2B e-commerce start-up Udaan, will vest every quarter. The one year cliff period is a widely prevalent industry practice for employees' ESOPs to start vesting.

Jubilant Pharma: Fitch revises outlook to 'negative'; affirms 'BB' rating. Fitch estimates the pharma company's EBITDA to drop significantly in FY23 due to lower volume and narrowing of the margin to 11%

GAIL to connect Srinagar to gas grid; Mumbai-Nagpur line by May 2023. GAIL will by May 2023 complete a 700-km pipeline from Mumbai to Nagpur, enabling the flow of gas to central India

LIC sits on over Rs 21,500-cr unclaimed funds, shows DRHP. State-owned insurance behemoth LIC had unclaimed funds to the tune of Rs 21,539 crore as of September 2021, according to draft prospectus filed for IPO with market regulator Sebi

Vistara gradually restoring certain services to pre-Covid levels. The airline also plans to improve its inflight entertainment offerings across its domestic and international network by introducing a wider variety of content, Vistara said in a statement

Tata group committed to making Air India world class: N Chandrasekaran. Chandrasekaran said the TATA group will focus on customer service, upgrade fleet, invest in new aircraft and expand the network to achieve its goals towards making Air India successful.

Dun & Bradstreet India Business Optimism Index down 5% QoQ in Jan-March qtr. Four out of six optimism indices have registered a decline as compared to Q4 of calendar year 2021

Now, you can use Paytm payments options to tip creators on Twitter in India. The payment feature will be available in multiple Indian languages including Bengali, Gujarati, Hindi, Kannada, Marathi, Tamil

Mankind Pharma acquires two derma and respiratory brands from Dr Reddy's. Mankind Pharma to take over manufacturing, marketing and distribution of both products in India; entire integration and transition of the brands likely to be completed by March

Moody's revises outlook on Vedanta to negative; affirms B2 rating. Debt maturities to stay elevated in Fy23; Fy24

Apple to reportedly launch iMac Pro with M1 chip, Mini-LED display. The base model of the iMac Pro will feature 16GB of RAM and 512GB of storage, which can be upgraded to a much more capable configuration

Uber to allow riders see ratings they receive from drivers. In a first, ride-hailing major Uber on Wednesday said the riders can now see how many five-star ratings -- including the shameful one-star reviews -- they've racked up from drivers.

Maaza bigger than Coke with Rs 2,826 cr sales in FY21, Limca at Rs 2,061 cr. Fruit drink brand Maaza had reported total sales of Rs 2,826 crore in FY21 in the domestic market, which is higher than the sales of Coke in India, according to a top company official. Limca, a lemon- and lime-flavoured carbonated soft drink brand, had rec

Supreme Court asks Future Retail to move Delhi HC on NCLT proceedings. Directs HC to give orders uninfluenced by SC observations

Sebi makes separation of Chairman, MD posts voluntary for India Inc. Reprieve will benefit more than 150 companies, including Reliance Industries, Hindustan Unilever, Bajaj Finserv and Adani Ports

Infosys BPM plans to hire 400 skilled workers in Costa Rica. Infosys BPM in Costa Rica currently has a skilled workforce of more than 300 people

Ride-hailing giant Didi to cut up to 20% jobs before Hong Kong listing. Chinese ride-hailing giant Didi Global plans to reduce its overall headcount by as much as 20 per cent

Glencore sets aside .5 bn for probes into bribery, market manipulation. Glencore expects to resolve probes into bribery and market manipulation in 2022

SpiceJet back in black after 7 quarters, reports Rs 42.5-cr Q3 net profit. The Ebitda slipped 52.4 per cent to Rs 116.4 crore

Vaibhav Gupta's plan for Udaan's journey to IPO. The IPO of B2B e-commerce platform Udaan has the potential to impress investors. In a chat with Business Standard's Nivedita Mookerji, Udaan's CEO Vaibhav Gupta tells us about his IPO plans and more

Oyo IPO: Delhi HC rejects Zostel's petition for stake in firm. The root of the dispute between IPO bound Oyo and Zostel lies in a failed buyout deal 6 years ago, which Zostel claims was binding on Oyo.

Hiranandani Group enters consumer tech with Rs 3,500 cr investment plan. Company will focus on large opportunities in the arena of social media, entertainment, gaming and e-sports, e-commerce, personal mobility, artificial intelligence and blockchain linked solutions

Religare Finvest debt recast in doubt as company gets 'fraud' tag from RBI. Promoter Religare Enterprises contests tagging of Religare Finvest Ltd as 'fraud'

Nykaa's institutional investors against giving more rights to promoters. Nykaa has passed a resolution to amend its Articles of Association that allow promoters to nominate one-third of directors and the chairperson

Spandana Sphoorty posts consolidated net profit of Rs 45.1 cr in Q3FY22. The income from operations of Spandana Sphoorty Financial on a consolidated basis, in the reporting quarter, rose marginally to Rs 346.1 crore compared to Rs 337.9 crore in Q3FY21.

Chipmaker AMD says Xilinx acquisition will double its presence in India. AMD has acquired Xilinx for billion, which is the biggest acquisition deal in the semiconductor segment.

Paytm logs new record in lending business, strengthens payments leadership. Over 2.3 million devices deployed across the country as of the end of January 2022, a measure of offline payments leadership.

Indian IT revenues grow fastest in a decade to 7 bn in pandemic-hit FY22. Nasscom, which has ceased to give a growth projection for the future, said that a chief executives' survey pointed to another growth year.

Indian IT crosses 0-bn revenue mark, hits 7 bn in FY22: Nasscom. The industry added 450,000 new hires in FY22, the highest ever taking the total direct employee base of the industry to 5 million.

Nasscom feels attrition problem in IT sector may have hit its peak. 'If one looks at the data from the top-10 IT companies for the December quarter announced recently, attrition levels seem to be plateauing if not trending down'

SpiceJet posts standalone net profit of Rs 23 cr in Q3, stock jumps 8%. The passenger industry witnessed the much needed turnaround in the third quarter as Covid cases ebbed in the first half of the quarter, says SpiceJet chief

Debashis Mitra takes over as ICAI President; Aniket Sunil Talati becomes VP. Institute of Chartered Accountants of India (ICAI) on Saturday said Debashis Mitra has been elected as its President for the 2022-23 term. Aniket Sunil Talati has been elected as Vice President of the institute, which has more than 3.40 lakh members and ov

Two Cipla promoters sell 20 mn shares; promoter group now holds 34.23%. Chairman Y K Hamied and Vice Chairman MK Hamied, who are non-executive directors and promoters, have sold 2,01,69,756 shares on Tuesday

Mexican firm UnDosTres largest recruiter in Cluster 3 of IIM-A placements. Fintech firms on the whole roll out maximum number of offers

Blackstone bets on hunger for urgent delivery in Europe in -bn deal. Rather than list or seek a private sale, the US investor is opting to recapitalise Mileway, Europe's largest owner of last-mile logistics

Initiate next generation reforms to improve ease of doing biz: FM asks Sebi. The minister's remarks come against the backdrop of the Federal Reserve deciding to tighten its monetary policy after a long period of easy money regime

More capital support to IDBI Bank may have adverse impact on LIC: DRHP. LIC had infused Rs 4,743 crore into IDBI Bank on October 23, 2019 using policyholders' funds while the bank further raised Rs 1,435.1 crore in Dec. 2020 by way of a qualified institutional placement

IndiGo to upgrade navigation technology with NAVBLUE in its A320 aircraft. NAVBLUE is into flight operations and air traffic management solutions

WhatsApp may allow users to add Facebook-like cover photo to profile. The ability to set cover photos is currently under development for WhatsApp Business Accounts

IT company Hexaware Tech to add 10,000 more to headcount in 2022. To offset the high attrition rate and execute about USD 2-billion order pipeline, global private equity major Carlyle Group-controlled Hexaware Technologies is adding 10,000 more to its 25,000-strong headcount this year, a senior company official has said.

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