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

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

Laurus Labs was amongst the top gainers, currently trading at 608.80 in NSE with 3.884 times change in volumes and 6.406% change in price. Other gainers included Himachal Futuristic with 6.12% price change and 2.188 times volumes, Pi Industries with 4.66% price change and 6.187 times volumes, Srf with 4.66% price change and 4.802 times volumes, and Tube Invest with 3.605% price change and 3.834 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 6.90 in NSE with 0.541 times change in volumes and -4.828% change in price. Other losers included Pnb Housing with -3.228% price change and 5.616 times volumes, Bank India with -2.955% price change and 0.539 times volumes, Voltas with -2.298% price change and 0.976 times volumes, and Nmdc with -2.249% price change and 0.732 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.

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.

ED transfers Rs 5,600-cr UBL shares to recovery officer's demat account. Liquor firm United Breweries on Monday said ED has transferred 4.13 crore equity shares of the Vijay Mallya-promoted firm worth over Rs 5,600 crore to the Demat account of recovery officer of the DRT

ICICI Prudential Life announces Rs 867 cr bonus for policy holders. ICICI Prudential Life Insurance has announced an annual bonus of Rs 867 crore for all eligible participating policy holders for FY2021.

ICICI Pru Life announces highest-ever bonus of Rs 867 cr to policyholders. ICICI Prudential Life Insurance on Monday declared its highest-ever annual bonus of Rs 867 crore for the policyholders for FY21. "ICICI Prudential Life Insurance has announced an annual bonus of Rs 867 crore for all eligible participating policyholders for

SBI invests undisclosed amount in digital payments startup Cashfree. Country's top lender seeks to promote digital payments. Last November Cashfree had raised .3 mn in Series B funding, led by UK's Apis Growth Fund II

Coal India's e-auction sales up 53% in Apr-May at 21.5 million tonne. CIL scripted an all-time high of 124 MT in e-auction sales in 2020-21 posting 88 per cent growth over the preceding year.

Net loss of Central Bank of India, tipped to be privatised, narrows in Q4. Central Bank of India stock closed at Rs 23 apiece on the BSE, a jump of 7.98 per cent over the previous close.

MRF reports 51% dip in net profit at Rs 332 cr in fourth quarter. Shares of the company were trading 2.39 per cent down at Rs 82,898 apiece on the BSE.

ICICI Pru announces Rs 867 cr annual bonus for participating policyholders. Around 980,000 customers are likely to benefit from this bonus

Neuberg Diagnostics says will cross Rs 1,000 cr revenue milestone in FY22. The company is planning to set up 10 more labs in the northern and eastern parts of the country for deeper penetration

Biscuit maker Parle Products forays into packaged wheat flour market. Parle-G, set up in 1929, operates in the biscuits, snacks, and confectioneries categories.

State-owned Union Bank of India fourth quarter profit at Rs 1,330 crore. It incurred a net loss of Rs 2,503.18 crore in the year-ago quarter.

DHFL back in the black, posts Rs 97-crore net profit in March quarter. While its committee of creditors as well as the RBI and the CCI, have given their approval to the resolution plan put forward by the Piramal Group, the plan is awaiting the NCLT

Original content creators losing money as digital piracy rises: EY. The second wave of Covid-19 has accelerated digital piracy in India, which was already on the rise when the pandemic hit the country last year, making original content creators lose money

Asian Paints expects demand uncertainty in home improvement categories. Asian Paints expects an 'uncertainty in demand' in the home improvement categories on account of disruptions in operations after the second wave of the coronavirus pandemic

Dr Reddy's recalls 2,980 bottles of cholesterol lowering drug in US. Drug major Dr Reddy's Laboratories is recalling 2,980 bottles of Atorvastatin Calcium tablets in the US due to quality issues.

Coal India alive, sensitive to need of environmental protection: Chairman. Coal India chief Pramod Agrawal has said that the coal behemoth is alive and sensitive to the need of environmental protection and the PSU pursues sustainable mining practises persistently. The statement assumes significance especially when when there has

Enterprise services emerge as 'new value engine' for telcos: Report. As digital transformation has gathered an unprecedented pace amid the pandemic, enterprise services have emerged as the new value engine for telecom services providers,report by ICICI Securities.

SIDBI invites bids from consultants to help set up Rs 20,000 cr NaBFID. SIDBI on behalf of the government has floated Request for Proposal (RFP) inviting bids from consultants to help set up Rs 20,000 crore called National Bank for Financing Infrastructure & Development

Amazon employees turn into Covid warriors to fight pandemic in India. The team works 24x7 to support colleagues, their families and friends. Its helps find hospital beds, ambulances and isolation centres and addresses queries on claims, insurance, leave and pay advances

Holisol Logistics raises capital from Northern Arc Capital. Holisol, India's leading exchange-to-exchange tech-enabled supply chain solutions company, said it has raised USD 3 million from digital debt platform Northern Arc Capital.

Pine Labs may raise additional funds; aggressively scaling online biz. Close on the heels of a USD 285-million investment round, fintech major Pine Labs may raise additional funds in the coming weeks according to company official.

DHFL posts profit of Rs 97 cr in Q4, versus loss of Rs 7,507 cr a year ago. Dewan Housing Finance Corporation (DHFL) on Sunday reported a consolidated net profit of Rs 96.75 crore for the last quarter of fiscal ended in March 2021.

Food tech startup Daalchini Technologies plans to raise growth capital. Food-tech startup Daalchini Technologies plans to raise growth capital of up to USD 8 million (around Rs 58 crore) in the next 2-3 years to support its growth plans.

Rel Infra to raise Rs 550 cr from Anil Ambani group, Varde Investment. Of the total, Rs 400 crore will be invested by Anil Ambani group and the rest by Varde Partners

Tata Steel Mining gets successful resolution applicant for Rohit Ferro-Tech. Tata Steel Mining Limited (TSML) has been declared as the successful resolution applicant by the creditors of Rohit Ferro-Tech Limited, steel major Tata Steel said on Sunday.

South African court freezes assets of Gupta family and associate. A South African court on Friday froze the assets of the controversial Indian-origin Gupta family and their associate, Iqbal Meer Sharma, which included palatial homes in upmarket areas

BSE StAR MF signs MoU with GUMCCSL to deepen network for rural engagement. BSE StAR MF, India's largest mutual funds distributor platform, has signed a memorandum of understanding with Godavari Urban Multi State Credit Co-Op Society Ltd (GUMCCSL) at Nanded

Bird Group executive director Ankur Bhatia passes away at 48. Bird Group executive director Ankur Bhatia died on Friday at the age of 48 due to a massive cardiac arrest

PNB to transfer bad loans worth Rs 8,000 crore to NARCL. In current quarter, the bank expects substantial recovery from DHFL, although there are some issues lingering in NCLAT, its MD said

IPO-bound Paytm narrows losses to Rs 1,701 cr, reduces expenses in FY21. Revenue from operations fell 14.5 per cent to Rs 2,802.41 crore during the year, according to the Ant Financial-backed company's annual report

Punjab National Bank eyes three-fold rise in profit in fiscal 2022. Despite Covid-19, the bank's profit surged over five times during the financial year ended March 2021

Gujarat discoms sign pacts for 3,979 solar projects with 2,500 MW capacity. State Energy Minister Saurabh Patel said that the development is a major boost towards the state's commitment to promote renewable energy.

IndusInd Bank plans to raise climate financing to 3.5% in two years. Private sector IndusInd Bank on Saturday said it will reduce carbon emissions to 50 per cent in next four years and raise climate financing to 3.5 per cent in two years.

Suraksha Group seeks more time to submit final bid for Jaypee Infratech. This is the fourth round of the bidding process in the matter of JIL bankruptcy case.

Oyo-NCLT case: Hotelier to withdraw insolvency plea against Oyo unit. Rakesh K Yadav says he got Rs 16 lakh as part of settlement

BoB board approves setting off losses against share premium account. For fiscal year 2020-21, the bank reported a net profit of Rs 828.95 crore, up 52 per cent from Rs 546.18 crore a year ago.

WWDC 2021: Apple to boost iPad features, privacy tools at developer event. The virtual event beginning Monday will also include software updates for the Mac, Apple Watch and Apple TV as well tools developers can use to build apps

IndiGo Q4: Loss widens to Rs 1,147 cr as higher fuel costs, virus hit biz. The country's largest airline's revenue from operations fell 25 per cent to Rs 6,223 crore as compared to Rs 8,299 crore in the corresponding quarter of the last year

Value of India's top 100 brands up 2% in 2021; Tata Group most valuable. Among the brands that came on the top of the list include Tata Group, Reliance Industries, and Mahindra Group

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