NSE share market NEWS tomorrow (29 June, 2021). NSE stocks in NEWS (tomorrow)
NSE share market NEWS tomorrow (29 June, 2021). NSE stocks in NEWS (tomorrow) These are NSE stocks which will be in NEWS tomorrow as on 29 June 2021
Jsw Energy was amongst the top gainers, currently trading at 162.65 in NSE with 1.819 times change in volumes and 5.892% change in price. Other gainers included Marico with 5.524% price change and 8.298 times volumes, Tata Elxsi with 4.619% price change and 3.85 times volumes, Persistent Systems with 4.08% price change and 1.349 times volumes, and Apollo Hospitals with 3.966% price change and 1.87 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.
Indian Bank was amongst the top losers, currently trading at 144.80 in NSE with 3.533 times change in volumes and -6.339% change in price. Other losers included Oil India with -4.752% price change and 2.013 times volumes, National Aluminium with -3.623% price change and 0.512 times volumes, Nhpc with -3.558% price change and 12.249 times volumes, and Idea Cellular with -3.349% price change and 0.693 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.
Bharti to invest Rs 3,700 cr into OneWeb; to become largest shareholder. The transaction is expected to be completed in the second half of 2021
Sebi overhauls norms for appointment, removal of independent directors. Move designed to reduce sway of promoters; regulator also prunes minimum application amount for REITs and InvITs to Rs 10,000-15,000.
Data analytics firm Ugam to hire over 1,300 professionals this year. In 2019, Ugam, which helps enterprises make superior decisions and serving both business-to-business and business-to-consumer enterprises, was taken over by US-based Merkle
IndiGo's reduces emissions by 5% via ground support equipment automation. Airline major IndiGo has reduced emissions by about 5 per cent via its ground support equipment automation.
IRCTC's Q4 net profit falls 23%; firm to pay dividend of Rs 5 per share. Revenue from operations plummeted 41.2 per cent in the reporting period to Rs 338 crore as against Rs 575 crore in the same period a year earlier
Apr-June was toughest quarter to manage; witnessing recovery now: TCPL CEO. In June, TCPL has witnessed a comeback from the second half, after restrictions were eased and expect better margin and topline (revenue) growth going forward.
Salesforce Cloud helping deliver vaccines to billions the world over: exec. Company is working with Gavi, The Vaccine Alliance, and customising Vaccine Cloud to meet needs of its customers which include governments, healthcare providers and businesses
ADNOC and Reliance Industries to set up petrochemical project in Abu Dhabi. Integrated plant will have a capacity to produce 940,000 tonnes of chlor-alkali, 1.1 million tonnes of ethylene dichloride and 360,000 tonnes of PVC annually
Standard Life sells 5% stake in HDFC Life Insurance in two tranches. A total of 100.8 million shares were sold in two tranches at Rs 672 and Rs 673; names of buyers couldn't be ascertained
IDBI Intech eyes fintech firms for takeover as it expands in Europe, Asia. Firm currently has 20 fintechs in its fold; ties up with Lemon Advisors to expand overseas
Five drugmakers to jointly start local trial of Merck & Co's Covid-19 drug. (Reuters) -Five Indian generic drugmakers, including Cipla and Dr Reddy's Laboratories, said on Tuesday they would jointly conduct a clinical trial in India for Merck & Co's experimental anti-viral drug to treat mild COVID-19 in non-hospitalised patients.
Apollo hospitals to hold nationwide Covid vaccination drive on Wednesday. A leading hospital group on Tuesday announced that it will conduct a pan-India Covid vaccination drive on June 30 spanning 50 cities, to boost the national inoculation exercise.
Pharma majors join hands for Molnupiravir trial for Covid-19 treatment. Leading drug makers have decided to collaborate for clinical trial of the investigational oral antiviral drug Molnupiravir
Serum Institute applies for EU nod through drugmaker AstraZeneca. SII Chief Executive Officer Adar Poonawalla said on MonÂday he had taken it up at the "highest levels".
ONGC's improved earnings outlook for 12-18 months to support deleveraging. The rating agency has revised Brent crude oil price expectations for the rest of 2021 to per barrel from per barrel earlier
NIRAMAI COVID screening solution receives funding from UK's CDC Group. NIRAMAI is an investee of Pi Ventures, a fund backed by CDC Group ("CDC", the UK's development finance institution and impact investor)
Airblack raises .2 mn funding from Info Edge Ventures, Elevation Capital. Online makeup and beauty learning platform Airblack said it has raised .2 million in funding, co-led by Info Edge Ventures and Elevation Capital
QuEST Global acquires Synapse Design to boost semiconductor business. This acquisition will enable QuEST's vision to grow its semiconductor business, add at least 2,000 engineers in the next four years
IDBI Intech ropes in UK-based Lemon Advisors for overseas foray. This association will help IDBI Intech access global markets where it aims to leverage the significant reach that Lemon Advisors brings on board, across the geographies in Southeast Asia, Japan, Austr
10club raises mn in one of largest seed rounds in e-comm roll-up space. The funding round was co-led by Fireside Ventures and an international investor active in the space
9Unicorns achieves fourth close of accelerator fund at million. Commits investments in 59 startups with a combined valuation of 0 million
Devas joins Cairn Energy in trying to seize Air India's overseas assets. Indian authorities and Devas are engaged in multiple court cases globally after a dispute that goes back to 2011.
Mumbai's Chalet hotels scouting for distressed assets as Covid curbs ease. 'We've had a rough five quarters now since March of 2020,' says company's CEO Sanjay Sethi.
Axis Bank strikes cloud computing deal with AWS for digital transformation. India's third-largest private sector bank to migrate 70% of its on-premises data centre infra in next 24 months to further reduce cost, improve agility, improve customer experience
SBI to levy charges for cash withdrawal beyond 4 free transactions a month. SBI will charge Rs 15 plus GST per cash withdrawal beyond 4 free cash withdrawals.
This year will be challenging from supply perspective: PolicyBazaar.com CEO. In a Q&A Sarbvir Singh dwells on the current trends in the insurance space and how his firm's business model will change now that it has got a broking licence
New Amazon service delivers prime customers' weekly orders at one go. Members across India can also choose date of delivery, in a move that will entail fewer boxes and fewer trips to the customer location
NTPC to hive renewable arm and list it soon, plans to add 60 Gw capacity. Firm has not added thermal capacity in the last five years, is evaluating if renewable energy will be enough for demand.
UK-based Tide forays into India, commits Rs 1,000-crore investment. Tide is a British company focused on providing financial and administrative solutions to small businesses
Need to invest more in research, tech to counter rogue drone ops: DFI. India needs to invest more in counter-drone research and technology and procure them in a planned manner to address the security concerns arising from rogue operations the unmanned aerial vehicles
Explained: Why red flags have gone up on PNB Housing-Carlyle deal. What are the contours of the deal? Why is the market regulator hesitant about giving the deal a go-ahead? In today's podcast we decode them and more
Central Coalfields awards Rs 9,294 crore mining project to Power Mech. Coal ministry, along with Coal India Ltd and Neyveli Lignite Corp, is offering 60 projects worth Rs 41,042 crore for private investment.
Tata Motors to launch 10 EVs by 2025, 'lead change' on carbon footprint. Group companies will use expertise to build ecosystem, will invest to build lithium cell manufacturing facility in India & Europe
Nua raises .1mn in funding from Lightbox, Deepika Padukone and others. Women's hygiene brand Nua on Monday said it has raised USD 7.1 million (about Rs 52.6 crore) funding, led by existing investor Lightbox Ventures. The pre-series B round also saw participation from Bollywood actor Deepika Padukone, former president (Global
Power Mech bags Rs 9,294 crore contract from Central Coalfields. Power Mech Projects Ltd on Monday said it has bagged a Rs 9,294 crore contract from Coal India arm CCL to develop and operate a mine. The project has been awarded to a consortium of Power Mech and AMR India Ltd. Power Mech is the consortium leader with 74
SpiceJet plans to raise funds through equity; shares gain over 2%. No-frills carrier SpiceJet plans to raise funds through issuance of equity shares or debt instruments and the proposal will be discussed at its board meeting on Wednesday.
Short video platform Firework forays into live video commerce segment. The startup will showcase more than 15 brands across various categories offering discounts and giveaways
Sebi keeps approval to Go Air's Rs 3,600-crore IPO in abeyance. Issuance of observations by Sebi implies approval for a public offering
NCLAT declines US firm's plea against Piramal group's bid for DHFL. The NCLAT termed the plea "premature", given that it approached the appellate tribunal without getting a decision on its petition filed before the Mumbai Bench of the NCLT
IT, financial players most ESG compliant; Infosys tops CRISIL rankings. Infosys tops the list, with a score of 79 on 100, while among the financial sector players, Kotak Mahindra Bank has a score of 75
NTPC declares its Energy Compact Goals for sustainability at UN dialogue. National Thermal Power Corporation (NTPC) has become the first energy company in the energy domain in India to declare its Energy Compact Goals as part of the UN High-level Dialogue on Energy (HLDE).
Content startup Pratilipi raises Rs 20 cr in debt from Alteria Capital. Pratilipi has over 350,000 writers who have published over 4.5 million stories in 10 Indian languages including Hindi, Gujarati, Bengali, Marathi, Kannada, Urdu, and English among others.
Lenskart's launches Vision Fund for select startups in eye-care space. To invest million in each enterprise, nurture innovations disrupting eyewear, eye-care and omni-channel retail
Affle Global wins legal battles as PhonePe fails to acquire 92% of OSlabs. With respect to Affle Global minority shareholding in OSLabs, AGPL finds that 100+ media stories were reported mostly with PhonePe's bias on the OSLabs related matters
Fintech startup slice raises mn from Gunosy, Blume Ventures and others. slice has also launched two new features, which, the firm said, makes the slice super card the best way for millennials and gen z to make payments.
HDFC Bank acquires 7.4% stake in product engineering firm Virtuoso Infotech. Virtuoso Infotech Pvt. Ltd., an enterprise software solutions company, founded by Preeti Nahar and Yogesh Satpute, based out of Pune, India announced today the news of its first investment fundraise.India's largest private sector bank HDFC and its subsidia
Commercial Bank of Kuwait selects TCS BaNCS to transform treasury ops. CBK was looking for a modern, integrated treasury solution to help transform its treasury operations and offer new generation asset classes, enhance risk management, and ensure regulatory compliance
SAT grants interim relief to Franklin Templeton MF, partly stays Sebi order. In a 100-page order, Sebi has rapped the fund house for "several irregularities" in the running of its six debt schemes that were wound up in April 2020
Game streaming platform Loco raises mn from Lumikai, Korea's Krafton. The round also saw participation by Hashed, Hiro Capital, North Base Media, Axilor Ventures, and 3one4 Capital
Chhattisgarh steel plant demerger to be completed in third quarter: NMDC. NMDC produced 34.15 million tonnes and sold 33.25 million tonnes of iron ore during the financial year 2020-21.
Fintech firm Slice raises mn to challenge credit card industry in India. Slice has raised this amount from existing investors Gunosy, Blume Ventures among others.
Emami ups stake to 46% from 33% in male grooming company Helios Lifestyle. Emami said the investment was in line with its strategy of leveraging emerging online opportunities brought about by rapid digitisation
Homegrown game streaming platform Loco raises million in funding. Loco, an Indian game streaming platform, on Monday announced that it has secured USD nine million for its first round of fundraising as an independent company.
Piramal Enterprises to raise up to Rs 1,000 cr through debentures. Piramal Enterprises on Monday said it will raise up to Rs 1,000 crore through issuance of non-convertible debentures (NCDs) on private placement basis.
WhatsApp appoints Amazon executive to lead payments business in India. Manesh Mahatme brings with him 17 years of experience in digital financial services and payments across Citibank, Airtel Money and Amazon
Aiming to keep power cost lowest in country: Prashant Jain of JSW Energy. The company, which is no longer investing in thermal power, will look at several debt funding instruments for its renewable projects
Standard Life to divest 3.46% in HDFC Life, price range set at Rs 658-678. At the lower end, the share sale will fetch around Rs 4,606 cr or 1 mn; HDFC Life stock sheds 4.1% at close
Bharti AXA Life premium income rises 4.3% to Rs 2,281 crore in FY21. Renewal premium grew by a healthy 10 per cent in 2020-21
Bolsonaro linked to alleged corruption in buying of Bharat Bio's vaccine. Brazil senate probing the president's handling of the pandemic; country signed a contract with the Indian firm to purchase 20 million doses for 5 million.
Many large e-comm firms have blatantly flouted laws of land: Goyal. All ecommerce companies should follow the law of the land and do not use muscle or money power to hurt Indian interests, Commerce and Industry Minister Piyush Goyal said
After Air India, Cairn to target more Indian state-owned firms for recovery. Cairn Energy PLC plans to target assets of state-owned firms and banks as it looks to recover the amount due from the Indian government after winning an arbitration against levy of retrospective taxes
AMNS India executes paperless bill discounting transaction with ICICI Bank. AMNS India on Sunday said its has executed "a paperless bill discounting transaction" in partnership with ICICI Bank.
Gurgaon Metro Project case: IL&FS gets Rs 1,925 cr from Haryana govt. The payment, duly received in escrow accounts, comes in compliance of the Supreme Court order of March 26, 2021 that ruled in favour of IL&FS in the Gurgaon Metro Project
GAME partners with SIDBI to help MSMEs revive biz amid pandemic. The Global Alliance for Mass Entrepreneurship (GAME) and SIDBI have signed a pact to help micro, small and medium enterprises (MSMEs) address their challenges that were accentuated during the pandemic
DLF sells 551 independent floors in Gurugram for over Rs 1,200 cr. Realty major DLF Ltd has sold 551 luxury independent floors in Gurugram since October last year for over Rs 1,200 crore and is planning to launch more such residential units
HDFC Life chief seeks a bigger role for life insurers in healthcare. Life insurers in India should be allowed to play a bigger role in healthcare sector so that they can be the "disruptor" rather than the "disrupted", HDFC Life Chairman Deepak S Parekh said.
NTPC targets 60 GW renewable energy capacity by 2032. State-owned power giant NTPC on Sunday said it has set a taget to install 60 gigawatts (GW) of renewable energy (RE) capacity by 2032. NTPC has become India's first energy company to declare its energy compact goals as part of the UN High-level Dialogue on
IL&FS group receives Rs 1,925 cr from Haryana govt for Gurgaon metro. Supreme Court had on March 26 directed the state's urban local authority to deposit 80% of the total debt of Rs 2,407 cr within three months into the escrow accounts of two IL&FS firms
Abu Dhabi's wealth fund picks up minority stake in Mobikwik for million. UAE's sovereign wealth fund Abu Dhabi Investment Authority has picked up a minority stake in the IPO-bound digital payments player Mobikwik for nearly million, valuing it at 0 million, company
Adani Ports to expand cargo ops, eyes 500 million tonne throughput by 2025. Company enjoys a 25% market share of India's exim cargo, wants to ramp it up to 40%
Productivity not deterred by shift to remote work amid Covid-19: Survey. In general, most organisations are desperate for more productivity
Mukesh Ambani and Gautam Adani. Two billionaires, one green ambition. Until now, the two billionaires, both hailing from Prime Minister Narendra Modi's home state of Gujarat, have largely operated in their separate spheres. Clean energy would see them overlap.
Indian Hotels' iconic Taj named strongest hotel brand in the world. Indian Hotels Company (IHCL), South Asia's largest hospitality company, announced that its iconic brand, Taj, has been rated the Strongest Hotel Brand in the World by Brand Finance, the world's leading brand valuation consultancy in its annual 'Hotels 50 2
Hybrid fintech firm Choice International FY21 net profit at Rs 167 mn. BSE-listed Choice International Limited, a fintech conglomerate, reported a net profit of Rs 167 million on a revenue of Rs 1,687 million for the financial year 2020-21
Amazon acquires encrypted messaging app Wickr. Amazon has acquired an encrypted messaging app Wickr founded in 2012. The terms of the deal were not disclosed.
Tyre industry seeks raw material partners to unleash growth. India's tyre sector is seeking effective collaboration with raw material partners to harness its potential, industry body Automotive Tyre Manufacturers Association (ATMA) said.
Hero Cycles delivers first batch of Made in India e-bikes to Europe. India's Hero Motors Company (HMC) Group has said that Hero Cycles has successfully delivered its first batch of Made in India e-bikes to Europe.
Phase 1 of Ola e-scooter factory nearing completion, rollout soon: CEO. Last year, Ola had announced a Rs 2,400-crore investment for setting up its first electric scooter factory in Tamil Nadu
Affle claims victory in Indus OS stake sale lawsuit; PhonePe, OSLabs refute. PhonePe had placed a bid to acquire 92 per cent stake in Indus OS at a valuation of around million. However, the biggest shareholder in the company, Affle, has opposed the deal
Future Consumer's Q4 loss narrows to Rs 155 cr, revenue slides by 59%. Total expenses were at Rs 500.06 crore, down 52.5 per cent in the last quarter of 2020-21 against Rs 1,051.87 crore in the year-ago period
Vedanta will not go to family, it will be institutionalised: Anil Agarwal. The company, he said, cannot be run on a defensive mode
Jet Airways: Seven-member panel to manage airline under resolution plan. Further, Ashish Chhawchharia has ceased to be the resolution professional of the airline, according to a regulatory filing
InterGlobe Aviation shareholders approve plan to raise Rs 3,000 crore. Shareholders of InterGlobe Aviation, parent of the country's largest airline IndiGo, have approved a proposal to raise up to Rs 3,000 crore
Rise of digital pay: 1.5 mn small businesses adopt Razorpay in 15 months. The platform saw a growth of over 200 per cent from March last year to May this year in transÂaction volume done by MSMEs.
SBI better positioned to tackle any subsequent Covid-19 wave: Khara. SBI is the country's largest lender
PharmEasy to pick up 66.1% stake in Thyrocare for Rs 4,546 crore. The combined entity will have the ability to provide diagnostics and pharmacy services to 100 million-plus Indians within 24 hours, the company said in a statement
Prospects in key segments to keep Laurus Labs' growth trajectory strong. The stock has seen a six-fold jump in value over the last one year
PharmEasy parent to acquire 66% stake in Thyrocare for ₹4,546 cr. PharmEasy will retain the Thyrocare brand
Will increase women delivery staff by 10% by year-end, says Zomato. Online food ordering platform Zomato on Friday said it will increase the number of women in its delivery service to 10 per cent by the end of the year as part of its workplace inclusivity initiatives. In a blog on its website, Zomato founder Deepinder Goya
Vedantu eyes 0 mn run rate, to hit profitability by June next year. Online live tutoring platform Vedantu on Friday said it expects its revenue run rate to more than double to USD 200 million and hit profitability by June next year. Vedantu, which competes with players like Byju's, has seen month-on-month revenue growth of
Serum Institute starts Covovax production; govt expects 200 mn doses by Dec. India will allow entry of this vaccine once the USFDA approves it
Internet seer: Former Buddhist monk preps IPO for crowdfunding startup. Campfire helps individuals and small groups raise funds online, making it the biggest such business in Japan.
State-owned ONGC reports Q4 profit at Rs 6,734 crore on high realisation. State-owned Oil and Natural Gas Corporation (ONGC) has reported a profit after tax at Rs 6,734 crore for the January to March quarter as compared to a loss of Rs 3,214 crore in the year-ago period
Tamil Nadu power sector companies incurred Rs 13,000 Cr loss: CAG. Increased power purchase, coal handling, financing and employee costs were reasons
Policybazaar.com forays into insurance brokerage, opens 15 retail stores. The brand will eventually expand to 100 locations
Fitch affirms gas utility GAIL India at BBB-minus with negative outlook. Fitch Ratings has affirmed GAIL India Ltd's long-term foreign-currency issuer default rating at BBB-minus with a negative outlook.
ED attaches assets worth Rs 365.94 cr of Adarsh Group in cheating case. Earlier, the ED had attached properties worth Rs 1,489.03 crore across six states.
LIC Housing Finance to raise Rs 2,334 cr through preferential share issue. Around 12.40 p.m., shares of the company on the BSE were trading at Rs 468.65, higher by Rs10.90 or 2.38 per cent from its previous close.
IGL reports 29% YoY surge in consolidated Q4 profit at Rs 375 crore. Board recommends 180% dividend, or Rs 3.6 per share
Schneider to infuse Rs 350-400 cr in Indian subsidiary Luminous Power. A significant part of the investment will be focused on Luminous Power's solar business
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