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NSE share market NEWS tomorrow (08 July, 2021). NSE stocks in NEWS (tomorrow)

NSE share market NEWS tomorrow (08 July, 2021). NSE stocks in NEWS (tomorrow) These are NSE stocks which will be in NEWS tomorrow as on 08 July 2021

Coforge was amongst the top gainers, currently trading at 4464.60 in NSE with 2.362 times change in volumes and 5.172% change in price. Other gainers included Hindustan Aeronautics with 4.32% price change and 1.248 times volumes, Macrotech Developers with 3.553% price change and 1.18 times volumes, Varun Beverages with 3.238% price change and 0.995 times volumes, and Indraprastha Gas with 3.154% price change and 7.229 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.

Hindustan Petroleum was amongst the top losers, currently trading at 283.85 in NSE with 1.41 times change in volumes and -7.345% change in price. Other losers included Steel Authority with -4.059% price change and 0.634 times volumes, Rbl Bank with -3.424% price change and 0.492 times volumes, Jindal Steel with -3.411% price change and 0.784 times volumes, and Jsw Steel with -3.208% price change and 0.832 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.

French court allows Cairn to seize 20 Indian govt properties in Paris. Assets are worth more than 20 million euros; FinMIn says no communication received in the matter Cairn is also eyeing assets in US, UK, Canada, Singapore, Mauritius and Holland

Sanofi-GSK Covid-19 vaccine gets nod to start phase-3 trials in India. India part of 35,000 volunteer global efficacy trial

TCS Q1 results: Net profit rises 28.5% to Rs 9,008 cr, misses estimates. Consolidated revenue rose 18% to Rs 45,411 crore from Rs 38,322 crore in June 2020

IPO-bound Zomato says it'll launch grocery delivery on its app soon. Zomato will introduce a grocery section on its app and confirmed its investment in Grofers.

TCS Q1 PAT up 28.5% YoY; India business down 14.1% due to second wave. The company continued to see robust growth operationally, reporting total contract value of .1 billion, deal signing driven by growth across geographies and verticals

Ecommerce giant Amazon's prime day sale on July 26 and 27. There will be new launches from top brands and Small and Medium Businesses (SMB).

Meat startup TenderCuts enters Bengaluru, to add 10 stores by year-end. Firm follows omni-channel model; the order a customer places for a product is directed to nearest TenderCuts store and the butcher slices the meat only after the order is received

Union Bank of India to raise up to Rs 1,150 cr by issuing bonds. Union Bank of India on Thursday said it has accepted bids to raise up to Rs 1,150 crore by issuing Basel III-compliant bonds.

Paytm cut marketing spend more than the competition: Bernstein report. The report adds that NPCI's recent norm that limits digital payment apps' share in the overall volume of transactions on the UPI at 30% would impact PhonePe and Google Pay more than Paytm

Plan to set up over 100 chain of coffee shops in 2yrs: Lavazza India MD. Italian coffee brand Lavazza onThursday said its 100 per cent subsidiary Fresh and Honest was eyeing to set up over 100 chain of coffee shops under 'Suprabha' brand across India in the next 2 years.

Future deal: SC to hear on July 20 Amazon plea against HC verdict. Senior advocate Gopal Subramanian, appearing for the e-commerce giant, said he had no problem if the hearing on the appeals was adjourned by a week

Cairn Energy freezes 20 Indian state-owned properties in Paris: Reports. Scottish oil producer's action is its latest attempt to force India to pay .7bn awarded by an international tribunal over a tax dispute.

Food delivery firm Zomato prices .25 bn IPO at Rs 72-76 per share. Indian food delivery firm Zomato said on Thursday it would price its .25 billion initial public offering at 72 to 76 rupees per share, with the IPO set to open for subscription from July 14 to 16.

Macrotech Developers Q1 sales bookings surge 88% to Rs 957 cr despite Covid. Realty firm Macrotech Developers on Thursday reported an 88 per cent rise in its sales bookings at Rs 957 crore for the quarter ended June on strong demand despite the second wave of Covid pandemic

CRMNEXT raises million from Avataar Ventures, Ascent Capital. Startup provides enterprise solutions for banks and financial services companies, has offices in 11 countries

Twitter says compliance report by July 11, key staff appointment in 8 weeks. The microblogging platform said it has appointed interim chief compliance officer with effect from July 6

Larsen & Toubro Infotech completes acquisition of Cuelogic Technologies. Larsen & Toubro Infotech (LTI) on Thursday said it has completed acquisition of Cuelogic Technologies, a digital engineering and outsourced product development company. In June this year, LTI said it will acquire Cuelogic Technologies for USD 8.4 million (

Cairn says it has won court order to freeze India state assets in Paris. Company says French development is 'necessary preparatory step' to take over Indian's state assets, calls for 'amicable settlement'.

SPARC raises over Rs 1,110 cr; issues warrants to Dilip Shanghvi, others. Sun Pharma Advanced Research Company on Thursday said it has raised over Rs 1,112 crore by way of issuing warrants to the company's promoter Dilip Shanghvi and other entities

Fitch assigns stable outlook to ReNew RG II's 5 million notes at BB. Fitch Ratings has assigned a stable outlook to ReNew RG II's 5 million senior secured notes due in 2024 and affirmed the rating at BB.

DBS Bank India FY21 nearly triples to Rs 312 cr, revenue up 85%. Asset quality under pressure on LVB acquisition

E-commerce firm DealShare's valuation crosses 5 mn after raising 4 mn. The firm, which runs an e-commerce platform for middle and lower-income consumers, expects to hit a bn GMV run rate by year-end and build a 10 mn-strong customer base

Zomato prices its IPO at Rs 72-76 per share; offer open between July 14-16. At the top end of the band, the company could raise Rs 9,375 cr and is valued at Rs 64,365 cr. Zomato's is the largest IPO in 16 months after SBI cards which raised Rs 10,355 cr

Amazon launches Digital Kendra to empower Indian businesses with e-commerce. It will help MSMEs recover their businesses from the recent challenges, bring benefits of e-commerce and help them reach customers in India and globally.

Amazon to host flagship sale event Prime Day in India on July 26-27. Coming at the 5th anniversary of Prime in India, the event will deliver best deals and savings across categories such as smartphones, consumer electronics, appliances and Amazon devices

Jaypee insolvency: IRP files Suraksha group's resolution plan with NCLT. A successful resolution of JIL will provide a big relief to over 20,000 homebuyers across various housing projects launched by the realty developer in Noida and Greater Noida (Uttar Pradesh).

Deutsche Bank India branches report 48% jump in net profit in FY21. The bank had reported a net profit of Rs 1,031 crore in the year-ago period.

NIIT, Axis Bank partner to launch digital banking academy. NIIT Institute of Finance Banking and Insurance (NIIT IFBI) and Axis Bank have launched a fintech professional programme to build future-ready professionals for the private sector lender.The programme offers graduates with zero to three years of experience

Gautam Adani seeks Rs 7,500 cr to refinance Mumbai airport debt. Barclays Plc and JPMorgan Chase & Co. are among banks in discussions to provide the funds to Adani Airport Holdings Ltd, say people familiar with the matter

Sobha Q1 sales bookings up 40% at Rs 683 cr despite 2nd Covid wave. The company had clocked sales bookings of Rs 487.7 crore in the year-ago period.

PNB advises Housing arm to rejig Carlyle deal as per Sebi order. PNB Housing to await SAT's order before taking a call on restructuring

Zomato raises IPO size amid robust demand; issue likely to open on July 14. IPO price band likely to be Rs 70-72 per share

ED attaches 3 Gurugram plots in money laundering case against Unitech Group. The total attachment in this case now stands at Rs 537 crore as two similar orders were earlier issued that froze assets worth about Rs 431 crore.

4 million doses of Pfizer, Moderna likely through COVAX by August. Indemnity issue to be settled to bring the two US vaccines through COVAX

Adani Group to raise over .5 bn to refinance Mumbai airport debt. MIAL has a debt of about Rs 9,000 crore, including project term loan of about Rs 5,470 crore

Google, Facebook won't have to pay domestic tax under new IT rules. Appointment of grievance officer does not imply permanent establishment, say officials

Former WhatsApp business head Neeraj Arora may rejoin Paytm Board: Sources. Arora, widely credited with the structuring of the Facebook and WhatsApp deal, was on the Paytm Board from 2015-2018

Chiratae Ventures starts seed initiative to enable faster access to capital. Chiratae has also introduced an application form and a dedicated website to make the process even simpler for early-stage founders

Vedanta's funding ops to improve on raising debt cap at subsidiary: S&P. Investors have been more receptive to debt issued via Twin Star than that from Vedanta Resources, a global miner

JSPL announces over Rs 1 trillion investment in Odisha in next 10 years. Jindal Steel and Power Limited will invest over Rs 1 trillion in Odisha to create employment opportunities in the state, its Chairman Naveen Jindal has said

R-Infra gets shareholders nod to raise Rs 550 cr via preferential allotment. Reliance Infrastructure Ltd on Wednesday said its shareholders have approved raising funds up to Rs 550.56 crore through issuance of shares on a preferential basis

Mukesh Ambani, Gautam Adani face off in race to solar domination. Indian tycoon Mukesh Ambani's billion entry into renewable energy could drive solar tariffs further to ground and ignite bidding wars with fellow billionaire Gautam Adani, industry analysts say

Fullerton India's acquisition value accretive for Sumitomo: Moody's. The substantial goodwill that the deal will generate will result in SMFG's Common Equity Tier-1 ratio declining by only around 22 basis points in fiscal 2021

TCS Q1 preview: Analysts see up to 36% YoY PAT rise; operating margin eyed. India's second-most valuable company, in terms of market capitalisation, is expected to post a stellar show in the first quarter of the financial year 2021-22 (Q1FY22)

Moglix acquires used machinery e-commerce firm Vendaxo for undisclosed sum. Move is a step towards creating a sustainable, capital-efficient manufacturing ecosystem; Moglix aims to provide access to high-value capital goods at economical prices to manufacturers

1MG partners with B Medical Systems for Covid-19 vaccine cold chain setup. Under the deal, B Medical Systems will back 1MG's jab campaign across metros and Tier-1 cities; 1MG will also get access to ultra-low freezers and transport boxes for storage and transport of vaccines

NCLAT closes insolvency proceedings against Oyo and its subsidiary. NCLAT has closed proceedings for insolvency of Oyo's subsidiary Oyo Hotels and Homes Private Limited and allowed Oyo's plea for setting aside the Insolvency and Bankruptcy Code case against OHHPL.

DanaMojo raises over Rs 3 cr in funding from Rohini Nilekani, Social Alpha. DanaMojo is a payments solution platform for NGOs

Bisleri eyes major e-commerce headway amid the coronavirus pandemic. The company had launched its e-commerce portal 'Bisleri@Doorstep' last year providing access to the full range of its products.

Matrimony.com to buy wedding planning firm ShaadiSaga for Rs 11 cr. The deal will enable Matrimony.com to scale up its presence significantly in the North and West regions

Edtech firm upGrad earmarks 0 mn for M&A, non-linear growth. upGrad is set to cross 0 million annual revenue run rate by March 2022 and is looking to raise close to 0 million at a billion valuation.

Flipkart achieves zero single-use plastic packaging in supply chain. Flipkart has also ensured it is fully compliant with all EPR rules and through its network of recyclers, the equivalent quantity of single-use plastic going to consumers is fully recycled

Centre moves SC seeking transfer of pleas challenging validity of IT rules. The petitions pending in the high court have challenged the new IT Rules intended to regulate social media firms

Nasper-backed PayU in talks to acquire BillDesk for up to billion. Media reports have said Paytm, which will soon come up with its initial public offering (IPO), is also evaluating BillDesk

NCLAT issues notices to lenders, Piramal on 63 Moons Technologies' plea. The National Company Law Appellate Tribunal (NCLAT) on Tuesday issued notices to DHFL's lenders and its winning bidder Piramal Capital over a petition filed by 63 Moons Technologies challenging the resolution process of the debt-ridden firm. A two-member b

Samsung skips telecom PLI scheme; Ericsson participates through Jabil. South Korean electronics major Samsung has not applied for the production-linked incentive scheme for telecom gear manufacturing

150 year-old Allana Group invests mn in Iron Pillar Fund II. The corpus would enable Iron Pillar portfolio companies to expand globally

Tata Power shareholders okay re-appointment of N Chandrasekaran as director. Chandrasekaran was appointed as non-independent non-executive director of the firm on February 11, 2017.

TCS enters strategic partnership with OTT streaming platform SonyLIV. TCS will enhance its core OTT platform to leverage AI and ML to provide personalised experiences to users. It will also help SonyLIV use data and insights to monetise content

Tata Steel outlines Rs 10,000-12,000 cr annual India capex over next 5 yrs. As against a billion annual debt reduction target, the company is likely to reduce gross debt by over billion in FY22

Adviser Glass Lewis flags risks from Adani 'unconscionable conduct'. Glass Lewis has recommended shareholders vote against reelection of a member of Adani Enterprises' risk committee after a court criticised "unconscionable conduct" in its Australian port business

Fintech firm Pine Labs closes 0 mn fundraise, eyes IPO in 18 months. With the current close, the valuation of the firm stands at billion.

Godawari Power and Ispat turns debt free, pays all long-term loans. Godawari Power and Ispat Ltd (GPIL) on Tuesday said it has become debt-free by repaying all its long-term loans

Coforge board approves proposal to raise Rs 375 cr via various instruments. IT firm Coforge Ltd, erstwhile NIIT Technologies, on Tuesday said its board has approved plans to raise up to Rs 375 crore through various instruments

LG Electronics to expand cloud-based call centres amid Covid-19 pandemic. LG Electronics said on Tuesday it will expand cloud-based call centres to offer better customer care services and protect its workers from the novel coronavirus outbreak.

Fitch affirms Glenmark Pharmaceuticals at BB with a stable outlook. Fitch Ratings has affirmed Glenmark Pharmaceuticals Ltd's long-term issuer default rating at BB with a stable outlook

SAT to hear matter on PNB Housing Finance-Carlyle deal next week. The Securities Appellate Tribunal (SAT) will hear the case related to the PNB Housing Finance-Carlyle deal next Monday. The order in the matter was expected on July 5, however, it was adjourned for July 12. PNB Housing had filed an appeal before the SAT ag

Sumitomo Mitsui Financial Group to acquire 74.9% stake in FICC for $ 2 bn. SMFG has plans to eventually acquire 100 per cent stake in FICC, which is a wholly-owned subsidiary of Fullerton Financial Holdings (FFH)

HealthifyMe acqui-hires Under45, launches vaccination slot bookings. Health-tech startup HealthifyMe on Tuesday said it has acqui-hired the team of Under45 that gained popularity for helping people find slots for COVID vaccination. With this, HealthifyMe has also opened vaccine slot bookings on its app and website, Healthif

Roposo's owner Glance announces JV with Collective Artists Network. Glance Collective will be the first-of-its kind strategic alliance for global content creator and commerce platform

Digital solutions firm Whatfix announces .3 mn for ESOP buyback. Digital adoption solutions provider Whatfix on Tuesday said it has implemented its maiden employee stock ownership plan (ESOP) buyback of .3 million

Bike taxi startup Rapido plans to ramp up hiring of women captains. India's largest bike taxi platform has also filed for the bike taxi service application with the State Transport Authority in Karnataka

Second Covid wave a setback for fiscal 2022 business plans: Titan. The company, however, said it is moving ahead with "calmness and composure" and is confident of overcoming all the challenges.

Hyundai Motor to invest in Solid Energy Systems, a next-gen battery company. Solid Energy and General Motors are planning to construct a lithium metal battery test production plant near Boston by 2023, and will commercialise it in 2025.

JLR warns of lower Q2 volumes, downgrades outlook due to chip shortage. Company sees semiconductor shortage deepening in the September quarter of the current financial year.

NMDC's Rs 3,600-cr share sale fully subscribed, most bids come in at Rs 166. A total of 219.5 mn shares were put on the block by govt;OFS) has garnered bids for 220.45 mn shares from institutional investors--1.15 times the shares on offer to them

74% companies plan to divest non-core assets in 24 months: EY India survey. Survey highlights that a key challenge faced by CEOs today is identifying the right time to divest assets as 70% of surveyed firms said they held on to assets for too long

JLR reports 68% increase in retail sales in June qtr at 1,24,537 units. This reflects the continuing recovery in demand from the Covid-19 pandemic.

NCLAT issues notices to CoC, DHFL and Piramal on 63 moons plea. The NCLAT agreed to hear the petition by 63 moons technologies, challenging the NCLT's nod for Piramal's resolution plan.

Bharat Biotech-Brazil row: Covaxin nod under controlled conditions. The agency said the suspension - which put the EUA application on ice - was due to missing data from the vaccine's clinical trials

KKR drives into transportation, acquires GIP's highway portfolio. GIP is an infrastructure investment fund making equity and selected debt investments

Raymond's lifestyle business CEO Joe Kuruvilla steps down. Textile and apparels firm Raymond on Monday said CEO of its lifestyle business Joe Kuruvilla has decided to step down.

PhonePe partners Flipkart to digitise cash-on-delivery payments. Digital payments platform PhonePe on Monday said it has partnered with Flipkart to enable pay-on-delivery service for the e-commerce major's orders. PhonePe's dynamic QR code solution will enable customers who earlier opted for 'cash on delivery' to pay di

Tech Mahindra partners StaTwig for Covid-19 vaccine supply chain. Tech Mahindra on Monday said it has partnered with StaTwig, a Singapore and Hyderabad-based digital supply chain solution provider, to implement vaccine traceability platform 'VaccineLedger' globally.

Latest stock market News for tomorrow Access previous news reports: 1107110811091110111111121113111411151116111711181119112011211122112311241125

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