NSE share market NEWS tomorrow (01 July, 2021). NSE stocks in NEWS (tomorrow)
NSE share market NEWS tomorrow (01 July, 2021). NSE stocks in NEWS (tomorrow) These are NSE stocks which will be in NEWS tomorrow as on 01 July 2021
Kei Industries was amongst the top gainers, currently trading at 753.35 in NSE with 3.018 times change in volumes and 8.638% change in price. Other gainers included Info Edge with 8.166% price change and 16.547 times volumes, Suzlon Energy with 5% price change and 0.186 times volumes, Jsw Energy with 3.934% price change and 0.847 times volumes, and Bharat Electronics with 3.736% price change and 2.038 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.
Idea Cellular was amongst the top losers, currently trading at 9.05 in NSE with 3.184 times change in volumes and -9.045% change in price. Other losers included Power Finance with -5.318% price change and 0.843 times volumes, Rail Vikas with -3.264% price change and 0.241 times volumes, Laurus Labs with -3.216% price change and 1.848 times volumes, and Steel Authority with -2.795% price change and 1.081 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.
Arun Jaitley Institute, Microsoft tie up to build AI, emerging tech centre. The two entities will jointly explore use cases of emerging technologies in finance and related areas, across central and state ministries and PSUs
Anil Agarwal Foundation pledges Rs 5,000 crore for rural India. Anil Agarwal Foundation (AAF) will be the umbrella entity of Vedanta's social initiatives provide all-round development to work towards these goals over the next five years
L&T Construction bags 'significant' orders for various businesses. Larsen and Toubro (L&T) on Thursday announced that its construction arm has secured 'significant' orders for its various businesses. The company did not provide the value of the contracts, but said the orders fall under the significant category, which rang
New projects drop 13% sequentially in June quarter due to Covid: CMIE data. Value of completed projects halved to Rs 50,000 crore; Figures are 70-95% on YoY basis because of national lockdown at the time
Ratan Tata-backed Mswipe Tech looks to morph into digital SME bank. Firm will scale up value-added services like insurance at point-of-sale terminals, micro ATMs, says new CEO Ketan Patel
Removed 1,253 posts, says Koo in first compliance report under new IT rules. The Bengaluru-based startup said that going forward it will publish the report on the first day of each month
Puravankara Ltd FY21 sales bookings up 28% at Rs 2,202 crore. This came on the back of strong demand driven by low-interest rates on home loans amid the Covid-19 pandemic.
Automakers witness sales recovery in June as pandemic eases across states. The country's largest carmaker Maruti Suzuki India (MSI) posted total sales of 1,47,368 units in June, up from 46,555 units in May.
Won't hesitate to raise tariffs but can't be done unilaterally: Mittal. The latest tariff hike by the three operators happened in December 2019.
Voda Idea seeks 1-year moratorium on Rs 8,200 cr spectrum instalment. Vi has approÂached the government to seek one-year morÂaÂtorium on payment of spectrum instalment of over Rs 8,200 crore, due in April 2022
Zydus Cadila seeks approval for vaccine, says it works against Delta strain. Phase 3 trial for the vaccine had more than 28,000 volunteers-the largest such exercise in India, says company.
Gail eyes 1 GW renewable energy capacity, to set up biogas, ethanol plants. Gail (India) Ltd will invest about Rs 5,000 crore to build a portfolio of at least 1 gigawatts of renewable energy and set up compressed biogas as well as ethanol plants
Franklin Templeton executive says Sebi exceeded authority in banning him. A senior executive of US money manager Franklin Templeton (FT) told an Indian appeals tribunal the country's market watchdog 'overstepped' its powers by banning him from the securities market
WhiteHat Jr data not compromised, says Indian AI vendor Salesken.ai. India-based AI conversational intelligence platform Salesken.ai on Thursday admitted the breach but said that no data was compromised
Sebi bars Biocon's official from securities mkt for 3 months, levies fine. Regulator Sebi has restrained an official of Biocon Ltd from accessing the securities market for three months and also levied monetary penalty for contravening insider trading norms. Biocon had announced information relating to its collaboration with Sando
H&M swings back to profit as Covid restrictions ease, stores reopen. STOCKHOLM (Reuters) -Fashion retailer H&M on Thursday reported a bigger than expected second quarter profit as many of the company's stores reopened but earnings remained well below pre-pandemic levels and the group's shares fell sharply.
Vodafone Idea's auditors raise doubts over its 'going concern' status. In its notes to the financial results for FY21 and the fourth quarter of last fiscal, the company said that the group has incurred losses of Rs 44,233.1 crore for the year ended March 31
SKODA AUTO DigiLab and Volkswagen IT Services kick-off i-mobilothon. i-mobilothon offers an inclusive, agile and multi-disciplinary collaborative environment for code developers to leverage skills in building prototypes that drive real business impact at scale
Royal London expands ties with TCS for ramping up its pension platform. TCS will leverage its Machine First Delivery Model (MFDM) and Location Independent Agile model to help the firm achieve its digital strategy, gain business agility and drive deeper customer engagement
Flipkart launches Shopsy to enable over 25 mn online entrepreneurs by 2023. With Shopsy, Flipkart aims to enable over 25 million online entrepreneurs by 2023 as they reap the benefits of digital commerce
RIL's gigafactory-sized ambition for hydrogen could be a game changer. If Reliance's gigafactories can deliver hydrogen at a scale, it will push decarbonisation into new frontiers.
MakeMyTrip announces mandatory paid offs for employees this year. The company has unveiled the wellness policy by hosting Jumpstart Week with employee engagement activities to reinvigorate the workforce.
Abbott launches pea-sized life-saving device for babies with hole in heart. The device is particularly useful for tiny babies who may not be able to undergo surgery to repair their hearts
Zomato seeks CCI nod for 9.3% stake in e-grocery major Grofers. Food delivery app Zomato, which is working to explore public markets later this year, has reached an agreement to invest 0 million in online grocer Grofers for about a 10 per cent stake.
Srei Infrastructure Finance to raise up to Rs 2,500 crore equity capital. Plans to issue one or more instruments through public offer, QIP, private placement, preferential or rights issue
Inflection Point Ventures leads in early-stage round in AR start-up peAR. The startup's proprietary image to 3D model technology has enabled it to make 3D models of the food at scale
BGR Energy Systems loss widens to Rs 122 crore in March quarter. BGR Energy Systems on Wednesday reported widening of its consolidated net loss by multifold to Rs 122.32 crore for the March 2021 quarter
Record disbursal, cheaper fund cost buoy IRFC net by 126% to Rs 1,482 cr. IRFC has reported a 126 per cent jump in net income to record Rs 1,482.55 crore in the March quarter, mainly due to higher interest income from record disbursals and cheaper funds.
Meddo Health closes pre-series A round at million led by SRI Capital. Meddo equips OPD clinics with tech-enabled solutions to turn them into full-service medical centres, complete with ERM systems, diagnostic support, medicine delivery services/support
Tata Steel ramps up financials amid Covid; recommends highest ever dividend. Firm reduced net debt by Rs 29,390 crore taking consolidated net debt to Rs 75,389 crore in FY21
Voda Idea cuts loss by 39.5% to Rs 7,022 cr on lower exceptional expenses. Posts highest-ever EBITDA margin, on the back of lower operating and exceptional expenses; lags peer on ARPU
Employee productivity impacted due to work from home, says ISGEC. ISGEC Heavy Engineering Ltd on Wednesday said that employee productivity has been impacted due to work from home after the COVID-19 pandemic broke out.
SpiceJet to raise Rs 2,500 crore to fund working capital requirements. SpiceJet is the third Indian airline after Go First (earlier GoAir) and IndiGo, which has also announced that it will raise capital
Food delivery giant Swiggy's COO Vivek Sunder decides to move on. Sunder played a pivotal role in expanding the geographical footprint of the marketplace business taking Swiggy beyond more than 500 cities.
After sinking billions, Walmart, Amazon haven't learnt their place in India. India is effectively muzzling the two leading US players. and it's tilting balance in favor of offline commerce, away from digital startups that are India's best bet for rebuilding the economy.
Vodafone Idea Q4 preview: Losses may narrow; commentary on fundraising eyed. The management's commentary on fundraising, tariff hikes, and adjusted gross revenue (AGR) case will be keenly watched, apart from the headline numbers
Suba Group's Click acquires controlling stake in leisure group1589 Hotels. Click Hotels envisions crossing 3,000 rooms and plans to have a pan India presence by 2021.
Zomato's 0 million investment to turn Grofers into unicorn: Report. Food delivery app Zomato, which is working to explore public markets later this year, has reached an agreement to invest 0 million in online grocer Grofers for about a 10 per cent stake
Suzlon Energy loss narrows to Rs 54 cr in March quarter on higher revenues. Suzlon Energy's consolidated net loss narrowed to Rs 54.25 crore in the quarter ended March 31, 2021 mainly on the back of higher revenues.
CredR raises .5 million in its latest round led by Yamaha Motors. CredR has raised .5 million in its latest round led by Yamaha Motors, existing investors Omidyar Network India and Eight Roads Ventures, with participation from automotive focused Astarc Ventures
EdTech start-up Nalanda Learning raises Rs 40 cr from Aavishkaar Capital. Education technology start-up Nalanda Learning Systems has raised Rs 40 crore from Aavishkaar Capital to expand operations nationally.
Promoters of Macrotech Developers repay debt of Rs 1,596 cr owed to company. The promoters have raised these funds by means of a long-term instrument having tenure greater than three years with no repayment obligation prior to that
Indiabulls Housing Finance gets board nod to raise over Rs 7,000 crore. Indiabulls Housing Finance said its board of directors has approved a proposal to raise over Rs 7,000 crore through various financial instruments
15 mn 'Covid Safety Essentials' sold across India on udaan during 2nd wave. From March onwards till the gradual decline of the second wave, a total of 6 million covid safety essentials were shipped to the states of Assam, West Bengal, Andhra Pradesh, and Bihar
Federal Soft Systems announces appointment of Kishore Kumar Yedam as CEO. Federal Soft Systems announces welcoming of Kishore Kumar Yedam on board as the new CEO to support the organization's future growth
Elon Musk's Starlink to provide internet nearly worldwide within weeks. Company aims to offer broadband to as much as 5% of the world's population where conventional fiber and wireless networks can't reach.
Flipkart opens all-women run fulfilment centre in Coimbatore. Spread across 120,000 sq ft, the centre will employ over 1,200 people at full capacity
Steel makers push for exports as rural stress impacts domestic demand. Rural off-take has taken a hit due to increased spend on health and lower incomes
Tata Motors bags order for hydrogen-based fuel cell buses from Indian Oil. Tata Motors on Wednesday said it has bagged an order for 15 hydrogen-based fuel cell buses from the Indian Oil Corporation Limited (IOCL).
HDFC Bank set for post-embargo scenario with aggressive payments biz plans. Refuses to hazard a guess on when RBI will lift curbs; picks up stake in Pune-based enterprise software solutions firm
IRFC posts 126% jump in fourth quarter net profit at Rs 1,483 crore. This compares to Rs 655 crore reported in the same period of previous fiscal.
Online privacy firm alleges data breach of 700 mn LinkedIn users, co denies. Breach was reported by RestorePrivacy, according to whose website, the user of a popular hacker forum advertised data from 700 million LinkedIn users for sale on June 22
Spicejet is making money off grounded Boeing 737 Max aeroplanes. Airline expects to get Rs 10.9 billion as compensation from Boeing for not being able to fly its 13 Max aircraft.
Saw over 5X surge in demand for Covid safety essentials in 2nd wave: Udaan. The second wave saw a huge demand of over 11 million protective masks, making it the largest item sold on the platform.
Sequoia-backed logistics company Shipsy eyes expansion in West Asia. Firm already has over 50 clients and about 30% of the revenue coming from the region
Amul announces pan-India hike in prices of milk by Rs 2 per litre. The price was being hiked after a gap of nearly one year and seven months
Suresh Prabhu calls for greater role of startups in core sectors. Prabhu added that the Indian economy's rate of growth would get accelerated with India's vaccination drive picking up pace, which will revive businesses and, in turn the overall economy
Sequoia's Surge accelerator programme invests mn in 23 startups. With this, the Surge community now has 203 founders, from 91 startups building companies across more than 15 sectors such as fintech, payments, communications, and logistics
Tata Motors wins order for 15 hydrogen-based fuel cell buses from IOCL. The deal would entail supplying buses to the R&D Centre of IOCL at Faridabad apart from Tata Motors collaborating with the country's largest fuel retailer to undertake R&D projects
Godrej holding company hikes stake in Godrej Properties, Agrovet. With the stake buy in Godrej Properties, Godrej Industries' stake in the company will rise to 47.29 per cent.
Bharti Airtel to invest 0 million to be OneWeb's largest shareholder. This will make Bharti Airtel largest shareholder in the satellite communications company
Coal India committed to achieving carbon offset of 60k tonnes by year-end. State-owned Coal India Ltd (CIL) is committed to achieving a carbon offset of over 60,000 tonnes by the end of this year, according to a statement issued by the coal ministry on Tuesday.
Jet shares continue to rise; monitoring committee for airline in place. Continuing on its upward trajectory, shares of grounded Jet Airways gained nearly five per cent to touch its upper price limit on Tuesday
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
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