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NSE share market NEWS tomorrow (09 June, 2021). NSE stocks in NEWS (tomorrow)

NSE share market NEWS tomorrow (09 June, 2021). NSE stocks in NEWS (tomorrow) These are NSE stocks which will be in NEWS tomorrow as on 09 June 2021

Tata Power was amongst the top gainers, currently trading at 124.65 in NSE with 3.877 times change in volumes and 6.493% change in price. Other gainers included Rural Electrification with 6.014% price change and 3.254 times volumes, Kalyan Jewellers with 4.657% price change and 3.266 times volumes, Sbi Cards with 4.323% price change and 4.05 times volumes, and Crompton Gr with 4.108% price change and 6.325 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.

Petronet Lng was amongst the top losers, currently trading at 228.30 in NSE with 5.931 times change in volumes and -7.999% change in price. Other losers included Pg Electroplast with -4.995% price change and 0.458 times volumes, Pnb Housing with -4.953% price change and 0.255 times volumes, Idea Cellular with -3.98% price change and 0.67 times volumes, and Himachal Futuristic with -3.812% price change and 0.609 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.

GAIL proposes two pipelines to be monetised via InvIT, awaits Centre's nod. Company says it incurred a capex of Rs 5,000 crore on these two pipelines, silent on project names

Essar Shipping board to meet again to approve financial results. Essar Shipping on Wednesday said that its board could not approve the financials for the March quarter and the year ended March 31, 2021 due to unavoidable circumstances in finalisation of accounts

JM Financial PE to invest Rs 35 crore in Pune-based packaged food firm. Investment will support brand building and augmentation of firm's existing capacities; this marks closing of eighth investment by JM Financial India Fund II

IndiGo hopes to reach pre-Covid level of traffic by Q2 of next yr: CEO. In July last year, India'a largest carrier had laid off 10 per cent of its workforce due to the coronavirus-induced economic crisis.

US-based Advent International sells 5.36% stake in CG Consumer. The PE firm had sold 6% in February 2021

Bata India Q4 net falls 23%, announces dividend of Rs 4 per share. Revenue from operations was down to Rs 589.90 crore during the quarter under review from Rs 620.57 crore in the corresponding quarter of 2019-20

Expect overall traffic to reach pre-Covid level by Q2 of 2022: IndiGo CEO. The carrier is currently operating around 40 per cent and 30 per cent of its pre-Covid domestic and international flights, respectively

Jaypee Infra insolvency: IRP seeks extension of process from SC till July 7. State-owned NBCC and Suraksha group are in the fray to acquire the debt-laden realty firm Jaypee Infratech Ltd (JIL) and complete over 20,000 pending flats for homebuyers

JSW Steel sues top US companies, accuses them of stifling competition. US Steel Corp, Nucor Corp. and Cleveland-Cliffs Inc control more than 80 per cent of domestic steelmaking capacity and conspired to cause direct harm to JSW, according to a lawsuit

A lotus-shaped landing field: GVK group reveals Navi Mumbai airport design. The airport will be developed in four phases. After the first phase it will be able to handle a minimum of 10 million passengers

Amazon explores replacing JPMorgan as issuer of co-brand credit card. American Express Co. and Synchrony Financial are among those bidding on the portfolio.

Uber to hire close to 250 engineers in India to expand tech, product teams. Uber on Wednesday announced it is recruiting close to 250 engineers for its Bengaluru and Hyderabad-based teams, as the company continues to expand the scope of operations for its engineering and product work in the country. The current round of hiring

Coal India requests mn vaccine doses after nearly 400 staff die of Covid-19. The world's top coal miner, which employs about 259,000 people, said it has written to government officials requesting about 1 million doses be made available for staff and their family members

Max Financial posts Q4 PAT at Rs 70 crore, revenue at Rs 9,760 crore. Max Financial Services Ltd (MFSL) has reported profit after tax of Rs 70 crore in the January to March quarter from Rs 6.7 crore in the year-ago period

EESL, Lemon Tree Hotels to implement energy conservation measures. Energy Efficiency Services Ltd (EESL), a joint venture under the Ministry of Power, has signed a MoU with Lemon Tree Hotels Ltd for implementing energy efficiency and conservation measures

Fintech firm Capital Float raises Rs 50 cr debt funding from Triodos IM. Fintech firm Capital Float on Wednesday said it has raised Rs 50 crore in debt for a period of three years from Triodos Microfinance Fund and Triodos Fair Share Fund

British Airways, Ryanair face UK probe over denied flight refunds. The U.K.'s Competition and Markets Authority said it has opened enforcement cases against both airlines on Wednesday.

Hyderabad's Rockwell collaborates with Dr Reddy's Lab for Sputnik V rollout. Rockwell Industries has got orders for 750 Covid19 vaccine freezers from hospitals and institutions.

Zomato names Chief People Officer Akriti Chopra as co-founder ahead of IPO. Not the first time Zomato has made an exec a co-founder; Mohit Gupta, CEO of food delivery business and Gaurav Gupta, COO, were so named earlier

Auto parts supplier Sona Comstar to launch Rs 5,550-crore IPO next week. Price band at Rs 285-291 a share; fresh sale of Rs 300 cr and OFS worth Rs 5,250 crore, of shares held by Singapore Topco, Blackstone affiliate

Deal with Tellurian for 40-year gas supply no longer exists: Petronet LNG. Under the terms of the old agreement, the two were to finalise an investment deal by December 2020. This was after an earlier extension of the agreement which had lapsed in March 2020

Masai School sharpens focus on career-linked learning with Design Shift buy. Acquisition will help it strengthen its existing curriculum with comprehensive courseware on UI & UX Design, and Product Management

Videocon to give Anil Agarwal's group majority stake in Ravva oilfield. Billionaire Anil Agarwal's metals-to-oil group said it will make an upfront payment of almost USD 40 million for the acquisition of Videocon Industries Ltd it will become largest shareholder.

Shell to accelerate emissions cuts after Dutch court ruling, says CEO. The oil and gas giant still expects to appeal the verdict and believes it has been unjustly singled out, Chief Executive Ben van Beurden said in a statement posted on LinkedIn.

Prestige group's FY21 sales bookings at record Rs 5,461cr despite Covid. This comes on the back of better demand for its properties

CBI books Avantha Realty, Gautam Thapar, others in Yes Bank fraud case. Thapar is already being probed in another case related to diversion of public money in Yes Bank allegedly involving the bank's former chief Rana Kapoor

Uber to hire about 250 engineers in India to expand tech, product teams. Uber's expansion plans are in line with its vision to make mobility and delivery more accessible

TeamLease Services posts consolidated fourth quarter profit of Rs 19.64 cr. Revenue from operations went up marginally by 1 per cent

Bajaj Allianz Life declares Rs 1,156 crore bonus to policyholders. This includes a special one-time bonus of Rs 315 crore

Hyatt shutdown fallout: 2 independent directors of Asian Hotels West resign. Raj Kumar Bhargava and Lalit Bhasin cite refusal of Chairperson to convene Board meeting to discuss acute financial crises of the company

Lenders begin voting on Reliance Home Fin bids, to choose winner on June 15. Debt of Rs 11,200 crore of Reliance Capital group will get resolved once the winning bid is frozen

GAIL split plan scrapped, company to monetise pipelines instead. The company will monetise some of its pipelines by selling a minority stake through InvIT

GAIL's Q4 net jumps 28% to Rs 1,908 cr as petrochemical margins soar. Higher profitability was mainly due to improved performance of the petrochemical business as well as natural gas marketing and LPG segment

Reliance Power to seek board nod to raise funds via equity issuance. Move follows Reliance Infra board approval of Rs 550 cr fund-raising plan on Sunday

Anthill Ventures to roll out global fund, eyes big-ticket investments. Will invest in global startups looking to raise Series A, B and C round, size of fund is likely to be about 0 mn

Bajaj Allianz declares Rs 1,156 cr bonus for participating policyholders. This includes one-time bonus of Rs 315 cr, over and above regular bonus; company says it is the 20th consecutive year that it is declaring a bonus

Tech Mahindra plans acquisition in Europe, hire 250 people in Nordic region. IT company Tech Mahindra is looking for acquisitions in Europe to upgrade its capabilities in various segments, including cloud computing, 5G, SAP and Salesforce softwares

Jet Airways annual general meeting adjourned due to lack of quorum. The annual general meeting of Jet Airways scheduled to be held on Tuesday was adjourned due to lack of quorum, according to a regulatory filing. The company would intimate the further notice of the adjourned meeting separately, it added. Jet Airways suspen

Prestige Estates Q4 profit jumps multi-folds to Rs 1,336 cr on asset sale. Prestige Estates on Tuesday reported a sharp increase in its consolidated net profit to Rs 1,336.3 crore for the quarter ending March, driven by monetisation of large portfolio of commercial assets.

upGrad plans to hire over 1,000 employees in 3 months as demand grows. Global edtech firm upGrad on Tuesday said it is planning to hire over 1,000 people in India in the next three months across departments to address the growing demand of the company. The opportunities will be across departments like Learning Experience, Del

Madras HC orders Tamil Nadu to set uniform Covid-19 rules for carmakers. The Madras High Court on Tuesday directed officials to visit the factories of car makers near here, including that of Renault-Nissan, to put in place uniform COVID-19 guidelines like maintenance of physical distance between workers in such premises. The

CCI gives approval to Heineken extra stake buy in United Breweries. UB is the country's largest beer company, while Heineken is the world's second-largest brewer after Anheuser-Busch (AB) InBev

Paytm sends 'offer for sale' to staff as it moves ahead with bn IPO. Paytm's public market debut will include a mix of new and existing shares to meet regulatory obligations.

Carlyle-led investment plan in PNB Housing unfair to stakeholders: SES. Governance watchdog recommends shareholders vote against the PNB Housing's board resolution approving preferential allotment.

Automobile dealers see sales recovering in 2 months as states unlock. Walk-ins 'very less' as approximately 40 per cent of 26,000 automobile dealerships resume work.

Franklin Templeton disagrees with Sebi order; to challenge direction in SAT. Franklin Templeton Asset Management (India) on Tuesday said it strongly disagrees with the findings in Sebi's order in the case of winding of six debt schemes in 2020

New business premium of life insurance firms declines 5.5% in May. Private insurers' NBP jumped 14 per cent in May, while state-owned Life Insurance Corporation (LIC) reported a decline of 12.3 per cent

Balu Forge inks MoU with K'taka govt for Rs 200-cr manufacturing campus. Balu Forge Industries on Tuesday said it has signed a pact with the Karnataka government for setting up a new manufacturing campus at a project cost of Rs 200 crore in Belgaum

Apple in talks with CATL, BYD over battery supplies for its EV: Report. Apple Inc is in early-stage talks with China's CATL and BYD about the supply of batteries for its planned electric vehicle, four people with knowledge of the matter said

TCS to be title sponsor for the London Marathon, signs six-year partnership. TCS will further enhance the marathon experience and promote a healthy lifestyle

JSPL steel production jumps 31% to 13.7 lakh tonnes during April and May. Jindal Steel and Power Ltd (JSPL) has reported 31 per cent year-on-year jump in its steel production to 13.71 lakh tonnes during April and May

FM sends tweets to Infosys and Nandan Nilekani on I-T portal glitches. The new portal for e-filing of tax returns went live on June 7; however, users said they were unable to access it; Infosys yet to respond

Flipkart joint venture to bring ToysRUs to online customers in India. For over 70 years, ToysRUs has been a global leader in the toy category.

ArcelorMittal Nippon Steel charts out 5-millon-tonne expansion in 3 years. The two phases of expansion at Hazira, Gujarat, along with downstream, are expected to cost Rs 50,000 crore

Two-month IPO drought set to end with Shyam Metalics Rs 909 cr offer. Steelmaker prunes size issue by 18%, to launch IPO next week

Ashok Leyland announces senior level organisational changes. : Hinduja group flagship company Ashok Leyland on Tuesday announced the appointment of Amanpreet Singh as the head and president of human resources.

Bank of Baroda to sell 46 NPA accounts to recover Rs 597 crore. State-owned Bank of Baroda will conduct an e-auction of as many as 46 NPA accounts later this month to recover dues of Rs 597.41 crore. The lender, in a notification, said it intends to sell these NPA accounts to asset reconstruction companies (ARCs) / ban

Instamojo aims to enable e-commerce for 100,000 D2C brands by year-end. Instamojo raised its series B funding from Gunosy Capital, AnyPay-a Japanese payments firm and the existing VCs earlier this year

SoftBank fund leads mn Series-D round in SaaS startup Whatfix. Valuation of Bengaluru-based startup triples to touch 0 mn

DHFL: 63 moons to challenge NCLT's approval for Piramal's resolution plan. 63 moons believes that the resolution plan is against interest of all DHFL's creditors, including NCD holders

Large steel mills grow larger on improved supply-chain efficiencies: Crisil. Market share gain, deleveraging makes room for capex revival

60% companies looking to hire talent for new positions this year: Survey. 60% companies looking to hire talent for new positions this year: Survey

Urban Company hires new leaders, to on-board over 100 engineers in FY22. The firm also announced the appointment of Amit Das as Vice President, Design and Research

Glenmark says interim data from study supports favipiravir's safety. A total of 13 sites across Mumbai, Bengaluru, Hyderabad, Nashik, Nagpur and Trivandrum took part in the study

Competition Comm clears Byju's buyout of Aakash Educational Services. The Competition Commission has approved ed-tech startup Byju's proposed acquisition of Aakash Educational Services Ltd (AESL). The deal, estimated to be worth around USD 1 billion, which will bolster Byju's presence in the test preparation segment in the c

Hindustan Unilever CMD's salary drops 21% to Rs 15.36 cr in fiscal 2021. Earlier in FY19, Mehta's gross salary was reduced to Rs 18.88 crore.

Skylo partners Inmarsat for IoT service available through BSNL in India. Bengaluru-based Skylo's co-founder and CEO Parth Trivedi said the company is looking forward to expanding its offerings globally

Whatfix raises mn funding from SoftBank Vision Fund 2, others. Whatfix is a digital adoption solutions provider

Religare Enterprises to raise Rs 570 crore from preferential issue. Burman family, SSG & new investors to chip in

Religare Enterprises to raise Rs 570 crore from preferential issue. Religare Enterprises (REL) on Tuesday said it proposes to raise Rs 570 crore via preferential issuance of shares to a clutch of investors, including existing shareholders, to fund its business plans.

Royal Enfield donates Rs 2 cr for Covid relief work in Tamil Nadu. Mid-sized motorcycle maker Royal Enfield on Tuesday said it has presented a cheque of Rs 2 crore to the Tamil Nadu government for COVID-19 relief work. Royal Enfield CEO Vinod K Dasari handed over the cheque to Tamil Nadu Chief Minister M K Stalin. "Tamil

Talbros Automotive's profit rise multifold to Rs 12.7 cr in Mar quarter. Auto component maker Talbros Automotive on Tuesday reported a multifold rise in consolidated profit to Rs 12.7 crore for the March 2021 quarter, backed by product mix and higher capacity utilisation.

ReNew Power merger with blank-check company RMG II gets CCI nod. The proposed merger of ReNew Power with blank-check company RMG Acquisition Corporation II (RMG II) has received clearance from the Competition Commission.

ArcelorMittal seeks EU's consent to buy Gupta's French steel mills. The EU has not given a deal fast-track "simplified" status that would allow for a quick approval. The deadline for ruling on the deal is July 9.

Vector Green's subsidiaries to raise Rs 1,237 crore in green bonds. The 6 subsidiaries of Vector that are issuing the bonds are Malwa Solar Power Generation, Sepset Constructions, Rattanindia Solar, Yarrow Infra, Citra Real Estate, and Priapus Infra

Pfizer supports deployment of oxygen and ICU beds in Delhi, Mumbai. Around 10 per cent of these beds have been set up to meet the requirements of Covid-19 paediatric patients.

On day 1 of 'unlock', buyers give Delhi and Mumbai markets a miss. Hope rides on durables to draw people back to trading hubs, high streets

IOC to invest Rs 24,000 cr in Gujarat refinery expansion, petchem project. State-owned Indian Oil Corporation (IOC) on Monday said it has signed up an investment pact for adding petrochemical and lube plants to its previously announced plan to expand crude oil processing capacity at its Koyali refinery at Vadodara in Gujarat. Exp

Coal India's e-auction sales up 52% YoY in April-May, as demand rises. Firm posts 16% add-on over notified price during April-May 2021 versus 7% in same period last year

Hopeful to come out of PCA framework very soon, says UCO Bank MD. The government in the last round had infused Rs 14,500 crore of equity in Central Bank of India, Indian Overseas Bank, Bank of India, and UCO Bank

Swiggy expands Covid-19 related benefits for 150,000 delivery partners. Paid time off, insurance and hospitalisation cover, support of Rs 14,000 for two weeks under "Swiggy Suraksha" package; doorstep delivery of home-style meals in some cities

Suraksha group sweetens offer for Jaypee Infra by Rs 1,298 crore. CoC to meet on June 10 to decide on voting on NBCC, Suraksha offers

Tata Digital to invest mn in Curefit; Bansal to join co as President. Tata Digital on Monday said it will invest USD 75 million (around Rs 550 crore) in fitness-focused Curefit Healthcare for an undisclosed stake.

Tata Digital names Mukesh Bansal President, to invest mn in his CureFit. Bansal retains leadership role at CureFit

IndiGo sees domestic traffic recovering by Q3FY22 as vaccination picks up. The company will not pay any dividend for FY21

Thales appoints former Airbus executive as head of India business. Saraf also headed the Tata-Sikorsky joint venture in Hyderabad and worked with Deloitte Consulting and Dassault Systemes, in the United States and Europe

Tata Digital to invest up to mn in fitness startup CureFit. Appoints cofounder Mukesh Bansal as President

PM announcement on Covid vaccine to help ensure quick rollout: India Inc. Prime Minister Narendra Modi's announcement that the central government will provide free coronavirus vaccine to states will help ensuring quick rollout of vaccine, India Inc said on Monday.

Top headlines: Vaccination to be centralised, says PM; Sebi fines FT AMC. Business Standard brings you the day's top headlines

Hyatt Regency Mumbai suspends operations due to lack of funds. The Country Head also said that future reservations through Hyatt booking channels will remain temporarily unavailable.

Flipkart launches QR-code-based pay-on-delivery facility for customers. Walmart-owned Flipkart on Monday launched a contactless, QR-code-based payment facility for all its pay-on-delivery shipments. Consumers who opt for cash on delivery can use this facility, scan the QR code attached to their purchase and make a digital paym

Hyatt Regency Mumbai shuts operations indefinitely due to lack of funds. Asset owner Asian Hotels facing financial crunch, defaults on loan repayment

Skoda Auto India commences production of its upcoming SUV Kushaq. Skoda Auto India on Monday said it has commenced production of its upcoming SUV KUSHAQ, the deliveries of which will commence in July. The model, which is the first production car as part of the company's India 2.0 project, is being rolled out from the Sko

Paytm makes offer for sale ahead of planned IPO; AGM on June 30. The board of One97 Communications Ltd, which owns Paytm, has given an in-principle approval to the offering plan

HSBC names company veteran Hitendra Dave as CEO of India business. Hitendra Dave is a member of Reserve Bank of India advisory committees.

G7 deal on minimum global corporate tax: Reason, likely impact explained. Agreement paves way for levies on multinationals in countries where they operate, instead of just where they are headquartered.

DHFL shares rally nearly 10% after company reports profit in Q4 earnings. Shares of Dewan Housing Finance Corporation (DHFL) on Monday jumped nearly 10 per cent after the company reported a consolidated net profit of Rs 96.75 cr for the quarter of fiscal ended in March 2021

Tata Steel Mining successful resolution applicant for Rohit Ferro-Tech. The Committee of Creditors (CoC) of Rohit-Ferro Tech Ltd has declared Tata Steel Mining as the successful resolution applicant for the insolvent ferro alloy manufacturing company

Bajaj Finance's shares fall as company says lockdowns pulling down business. Company says growth plan for its asset under management (AUM) in FY22 will see an impact of Rs 4,000 crore at least

JSW Group amalgamates large project divisions of steel & cement businesses. The billion JSW Group will now have a single group interface for all its large project divisions in the steel and cement businesses.

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