NSE share market NEWS tomorrow (06 July, 2021). NSE stocks in NEWS (tomorrow)
NSE share market NEWS tomorrow (06 July, 2021). NSE stocks in NEWS (tomorrow) These are NSE stocks which will be in NEWS tomorrow as on 06 July 2021
Au Small was amongst the top gainers, currently trading at 1114.30 in NSE with 13.067 times change in volumes and 8.148% change in price. Other gainers included Computer Age with 6.07% price change and 2.336 times volumes, Godrej Consumer with 4.243% price change and 1.633 times volumes, Oracle Financial with 3.999% price change and 1.872 times volumes, and Hindustan Aeronautics with 3.625% price change and 6.217 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.
Suzlon Energy was amongst the top losers, currently trading at 8.75 in NSE with 63.621 times change in volumes and -4.891% change in price. Other losers included Biocon with -3.607% price change and 3.534 times volumes, Nmdc with -3.31% price change and 2.619 times volumes, Idea Cellular with -3.297% price change and 0.514 times volumes, and Union Bank with -3.085% price change and 1.55 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.
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.
FMCG cos see double-digit sales growth in Apr-June qtr amid pandemic. Leading FMCG companies in the country are expecting their sales growth numbers in high double digit in the April-June quarter
Govt to sell up to 7.5% in NMDC via OFS on Tuesday, may get Rs 3,621 cr. Will sell its 4% stake, or 117.2 million shares, at a floor price of Rs 165 each, a near 6% discount to Monday's closing price
Jeff Bezos retires officially, Andy Jassy takes over as Amazon CEO. Bezos founded Amazon exactly 24 years ago on July 5, 1994
95% Jet staff must consent to Kalrock-Jalan proposal or lose benefits. Voting on the consortium's offer for employees and workmen began on Monday and will go on till August 4
Nandan Nilekani to join govt panel on curbing digital monopolies. Idea is to give 'free and fair' choice to buy products on online platform
Xiaomi posts strong growth in India's premium smartphone segment. Xiaomi - with its 'Mi' brand - has seen significant growth in the mid and premium smartphone segment over the past few quarters, and captured 14-15 per cent market share in Rs 20,000-45,000 segment
NetConnect Global to expand operations in India by hiring 5,000 techies. NetConnect Global (NCG) on Monday said the company is planning to hire 5,000 technology professionals pan-India by the end of this calendar year to facilitate its expansion operations in India.
1 mn barrels of Guyanese Liza crude loaded for Indian Oil Corporation. The first one million barrels of Guyanese Liza crude for Indian Oil Corporation Ltd has been loaded from FPSO Liza Destiny, informed the High Commission of India in Guyana
Locad raises .9 mn in seed funding led by Sequoia Capital India's Surge. Locad is part of Surge's fifth cohort of 23 companies that have developed new digital solutions to help companies and individuals work, live and learn better
Ascendas Trust to invest Rs 1,200 cr in first phase of India data centre. Singapore-based Ascendas India Trust, on Monday said it will invest an estimated Rs 1,200 crore to develop the first phase of its first data centre project in the country
Yes Bank's loans, advances shrink in Q1 over Covid-19 impact. The credit to deposit ratio (CD ratio) declined to 100.4 per cent in June 2021 from 102.4 per cent in March 2021
Heranba Industries gets environmental clearance for Rs 110 cr expansion. Agrochemicals firm Heranba Industries said it has received environmental clearance to set up additional manufacturing capacity at an estimated cost of Rs 110 crore at its facility in Gujarat
HDFC Bank's loans rise 14.1% in June quarter, advances total Rs 11.47 trn. Retail loans expanded 9 per cent on Y-o-Y basis over June 2020 and at a lower pace of 1 per cent sequentially over March 2021
Paytm announces launch of small ticket loan product Postpaid Mini. These small ticket instant loans will give flexibility to users and also help manage their household expenses to maintain liquidity during the ongoing Coronavirus (Covid-19) pandemic
ED arrests Shakti Bhog CMD in money laundering case linked to bank fraud. ED said it has arrested Kewal Krishan Kumar, chairman and managing director (CMD) of Delhi-based Shakti Bhog Foods Limited, in a money laundering case linked to an alleged multi-crore bank loan fraud
Michelin names Gaganjot Singh as head of Africa, India & Middle East region. French tyre major Michelin on Monday said it has appointed Gaganjot Singh as the President of Africa, India and the Middle East region
Rewards-based payment network TWID raises .5 mn led by BEENEXT, Surge. The round also saw participation from angel investors Kunal Shah, Rajul Garg and YourNest India
India's Skylark Drones raises mn to fuel international expansion. Skylark Drones aims to elevate worksite productivity and safety by providing geospatial intelligence to different enterprises in sectors such as mining, solar power, etc
Paytm to file draft prospectus next week for .3-bn IPO: Report. Paytm has plans to raise up to Rs 12,000 crore by issuing fresh equity for which it will seek shareholders' nod in an EGM on July 12
Tata Steel June quarter crude steel output jumps over 43%; sales up 35%. Consolidated crude steel output was at 7.94 million tonne (MT) during the quarter
Reliance Nippon Life declares Rs 306.8 cr bonus to policyholders. This bonus issuance will benefit over 685,000 participating policyholders
Demand from Western markets helped Indian Textile sector stay afloat. Even during lockdown, the apparel industry witnessed a steady demand
Shares of SoftBank, biggest investor in Didi, sink after China blocks app. SoftBank fell 5.4% in Tokyo, the most among stocks on Japan's Nikkei 225 Stock Average and the biggest decline since it reported earnings in May.
Top restaurant body moves CCI for redress on issues with Zomato, Swiggy. Main issues include bundling of services, data masking and exorbitant commissions, deep discounting, including forcing the restaurant partners to give discounts to maintain listing
Icra cuts cement, road logistic growth outlook for FY22 due to second wave. Cement volumetric growth seen declining by 10%, road logistics at 6%
Walmart's Myntra sees 1.2 million customers shop on Day-1 of sale event. Four million products sold the highest-ever opening day traffic sessions growth for Myntra, at 200% over business-as-usual
Yes Bank's loans, advances shrink marginally at Rs 1.63 trn by end of June. Bank's liquidity coverage ratio by June 2021-22 stood at 118.4 per cent, higher than 114.1 per cent from a year ago.
TikTok's algorithm no longer a secret, available to firms: Things to know. The company is trying to sell the magic formula which made TikTok a huge success. Listen in to know more
Kotak Pre-IPO AIF raises Rs 1,396 cr, to invest in tech-focused businesses. Investors in the fund include family offices such as Narayana Murthy's Catamaran, Fund is already committed to two deals worth million, one of which is API Holdings, parent company of PharmEasy
Print media revenue to grow 35% in FY22, still lower than pre-Covid levels. Sharp cost rationalisation measures and digitalisation of content will lead to a revival in profitability to 9-10 per cent, ratings agency Crisil said
UTI Officers' Association moves top court in 26% stake sale case. Bombay HC recently dismissed the case citing delay in filing
Zomato's mega IPO gets Sebi nod, may hit market as early as this month. The company, backed by Ant Group, is planning to issue fresh shares worth Rs 7,500 crore in the IPO
IndusInd Bank's net advances jump to Rs 2.11 trn at end of June 2021. IndusInd Bank witnessed a 7 per cent growth in its net advances to more than Rs 2.11 lakh crore at the end of June this year, according to a regulatory filing.
The race to become the vanguard of India's stock market is on. India's biggest broker is awaiting regulatory approval for an asset management company that will focus only on passive investing.
Amazon to grant incoming CEO Andy Jassy over 0 million in stock. The award's exact value will depend on how the shares are trading when they pay out in future years, encouraging Jassy to grow a company that's worth .77 trillion today
LIC IPO: Govt likely to invite bids from merchant bankers this month. The government is likely to invite bids from merchant bankers this month for managing LIC disinvestment as it moves ahead with plans to launch the IPO by January, an official said. The Department of Investment and Public Asset Management (DIPAM) had in Jan
Vodafone Idea's demand for AGR payment relaxation unjustified, says group. No government support or intervention in the matter of tariffs should be considered, says Telecom Watchdog.
GAIL looks at petrochemicals, specialty chemicals, renewables for growth. GAIL India Ltd is eyeing expansion in petrochemicals, specialty chemicals and renewables as it pivots a new strategy to expand the business beyond natural gas
Cadila Healthcare arm recalls 21,240 bottles of diabetes drug in US. Viona Pharmaceuticals Inc is recalling over 21,000 bottles of metformin hydrochloride extended-release tablets manufactured by Ahemdabad-based Cadila Healthcare
Amul turnover rises by 2% to Rs 39,200 cr in FY21 despite Covid: MD Sodhi. The total turnover of GCMMF, which markets dairy products under Amul brand, grew 2 per cent to Rs 39,200 crore despite the Covid-19 pandemic, its Managing Director R S Sodhi said on Sunday.
NGT directs Jindal Saw to Pay Rs 4 cr compensation for damaging houses. National Green Tribunal has directed Jindal Saw Ltd to deposit Rs 4 crore as compensation as illegal blasting by it had caused damage to houses in Pur village in Rajasthan's Bhilwara district
Unions urge HPCL liquidator to disclose valuation of oil reserves in Cachar. The employees' unions of two defunct units of, for which bidders have been invited to conduct an e-auction, urged liquidator to disclose valuation of oil reserves in the Cachar Paper Mills land area
Airtel Payments Bank sees surge in biz, hopeful of break-even in FY22. Airtel Payments Bank has seen a surge in business volumes in FY21 as lockdown curbs spurred new accounts as well as transactions, and company is eyeing a break-even this fiscal, a top official said
Amazon launches IP Accelerator programme in India for businesses. E-commerce major Amazon on Sunday announced the launch of its Intellectual Property Accelerator (IP Accelerator) programme in India to provide sellers with access to services from IP expert, law firm.
Amazon starts IP accelerator to help Indian businesses protect their brands. Offering small and medium-sized sellers easy access to services from trusted intellectual property experts and law firms
ONGC charts Rs 30,000 cr capex for FY22 with 50% in turnkey projects. It is aiming at 22.56 million tonnes of crude oil and 24.89 billion cubic metres of gas production during the year
Inherent strength of offline retail will remain intact in long-run: Vivo. The pandemic may have impacted the offline retail business for a few months over last two waves but inherent strength of brick-and-mortar retail will remain intact said Nipun Marya of Vivo India
JK Cement sees 10% revenue growth in FY22, aims to be 25-MT firm in 5 years. JK Cement Ltd, part of J.K. Organisation, targets up to 10% growth in its revenue this fiscal, helped by the government's push for infrastructure, pent-up demand said top company official.
ONGC's rating downgraded in line with India's sovereign rating. State-run Oil and Natural Gas Corporation Ltd (ONGC) and its subsidiary ONGC Videsh have witnessed a ratings downgrade with a negative outlook, courtesy a similar Indian sovereign rating.
TCPL to work closely with BigBasket to drive 'win-win' synergies: CEO. FMCG firm Tata Consumer Products Ltd (TCPL) will work "very closely" with BigBasket, recently acquired by the Tata Group, to drive win-win synergies, according to company's MD and CEO, Sunil D'Souza
BPCL's R&D centre bags 80 patents in 20 years; over 50 more pending. State-owned Bharat Petroleum Corporation Ltd (BPCL) has bagged as many as 80 national and international patents in the past two decades, and approvals for 53 more filings are pending, for various innovations including the world's cheapest and the fastest c
Tata Steel April-June crude steel output up 55% YoY to 4.62 million tonnes. Production falls sequentially as company diverts industrial oxygen for medical use
China orders Didi to be removed from app stores, days after mega US listing. The Cyberspace Administration of China (CAC) said on its social media feed that it had ordered Didi to make changes to comply with Chinese data protection rules.
Tata Motors to remain sharply focused on high-growth segments of the market. Encouraged by turnaround in passenger vehicle business in terms of volumes, market share and brand recall, the firm is no longer in a hurry to forge JV or enter technical tie-ups
Telecom Watchdog wants govt to reject Vi plea for deferring payments. Vodafone Idea can raise funds through equity sale or promoters can infuse capital Telecom Watchdog said while demanding rejection of company's request seeking more time to pay dues of Rs 8,292 crore.
81% consumers back e-commerce rules, want clarity on services-based biz. LocalCircles study says 64% want the rules across "all electronically sold services like app-based food delivery, app taxis, home repair, salon, airline & railway ticketing, OTT subscription, payments
Oye! Rickshaw looks to invest 0 million over the next three years. The investments will be for creation of battery swapping infrastructure across India
Air India flyer seeks damages over data breach of 4.5 million passengers. An Air India flyer has sought damages from the airline after the recent leak of personal data of 4.5 million passengers including hers and her husband's.
Honda plans to hike vehicle prices from August as input costs go up sharply. The company is currently working out the details of the price hike which would be implemented from August
Recharge now, pay later: Jio launches 'emergency data loan' facility. The emergency data loan can be availed through MyJio App.
Amazon, Tata say Indian govt e-commerce rules will hit businesses: Report. Govt's tough new e-commerce rules announced on June 21 aimed at strengthening protection for consumers, caused concern among the country's online retailers
Bharti rolls out all-in-one bundle plan 'Airtel Black' to take on Jio. Bharti Airtel said it will provide dedicated relationship managers with a 60-seconds call pick-up facility.
NPPA allows 50% price hike for ibuprofen, ranitidine, carbamazepine. These are scheduled drugs (or ones that are under price control) and low priced
Electric scooter-maker Ather Energy takes on Ola, expanding its Hosur plant. Ather's aggression comes on the heels of Ola Electric's ambitious game of investing Rs 2,400 crore to build a plant to make 10 million two-wheelers a year by 2022.
Centre includes retail and wholesale under MSMEs, to benefit 25 mn traders. MSME Minister Nitin Gadkari said the decision would make such traders eligible for finance under priority sectors classified by the Reserve Bank of India (RBI)
In talks for fund raise; floor price 'best' fix for pricing issues: VIL. Cash-strapped VIL on Friday said it is in active talks with potential investors for fundraising
Swedish gaming giant MTG buys Indian games developer PlaySimple for 0 mn. Acquires 100% in cash-and-equity deal that will significantly strengthen the company's position in casual games' genre and enable access to fast-growing word games genre
Office space jumps 75% annually during Jan-Jun across seven cities. Realty firms remain bullish on revival in workspace demand, according to JLL India.
Tesla delivers over 200,000 vehicles in Q2. Despite many challenges, Elon Musk-owned EV maker Tesla on Friday announced that it has produced and delivered over 200,000 vehicles in Q2 2021.
Upstox: Over 70% of 2 million new customers first-time investors. Upstox is backed by Ratan Tata and Tiger Global
Facebook, Instagram take down millions of posts in compliance with IT rules. Facebook removed 25 million pieces of content identified as 'spam,' 1.8 million pieces of content containing 'adult nudity and sexual activity.'
Confident that funding will take place in coming weeks: Vodafone Idea CEO. VIL had reported narrowing of consolidated loss to about Rs 7,023 crore for the quarter ended March 2021, mainly on the strength of cost optimisation.
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