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NSE share market NEWS tomorrow (11 June, 2024). NSE stocks in NEWS (tomorrow)

NSE share market NEWS tomorrow (11 June, 2024). NSE stocks in NEWS (tomorrow) These are NSE stocks which will be in NEWS tomorrow as on 11 June 2024

National Buildings was amongst the top gainers, currently trading at 156.58 in NSE with 7.237 times change in volumes and 9.527% change in price. Other gainers included Himachal Futuristic with 9.352% price change and 5.59 times volumes, Kaynes Technology with 7.877% price change and 3.434 times volumes, Oil India with 6.801% price change and 2.778 times volumes, and Pnb Housing with 5.765% price change and 3.325 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.

Interglobe Aviatio was amongst the top losers, currently trading at 4369.50 in NSE with 2.167 times change in volumes and -4.316% change in price. Other losers included Iifl Holdings with -3.643% price change and 0.661 times volumes, One 97 with -2.185% price change and 0.368 times volumes, Ncc with -2.106% price change and 0.576 times volumes, and Icici Lombard with -2.068% price change and 2.233 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.

IndiGo stake sale to raise funds to scale up hospitality biz: IGE. Citigroup bought 3.1 million shares for Rs 1,362 crore

Bharti Airtel converts .87 mn worth of foreign debt bonds into equity. Telecom operator Bharti Airtel has converted USD 49.87 million worth of foreign debt bonds issued in January 2020 into equity, the company said on Tuesday. Airtel had raised USD 1,000 million through foreign currency convertible bonds in January 2020 that

Mitsubishi Corp gets CCI's approval to acquire stakes in two TVS group cos. The Competition Commission of India (CCI) on Tuesday said it has cleared Mitsubishi Corporation's proposed acquisition of stakes in TVS Certified and TVS Vehicle Mobility Solution. TVS Certified Pvt Ltd is engaged in the business of the sale of used vehicl

Kotak Alt invests Rs 1,445 cr to acquire Viatris API biz for Matrix Pharma. This acquisition will make Matrix the second-largest Indian active pharmaceutical ingredients (API) player with global leadership in antiretroviral (ARV) APIs

World's largest vaccine maker Serum Institute sees demand doubling in 5 yrs. The world's largest vaccine maker currently has the capacity to produce 3 billion doses of all types of vaccines each year, but only sells about 1.5 billion doses annually

State-owned BPCL planning to set up new refinery worth Rs 50,000 crore. The state-run oil marketing company will invest around Rs 50,000 crore in the project and is currently assessing locations in three states - Andhra Pradesh, Uttar Pradesh, and Gujarat

RBI rejects Raj Kumar Bansal's reappointment as Edelweiss ARC MD, CEO. Edelweiss Group crisis: The development followed days after the RBI cracked down on the Edelweiss group in May, imposing major business restrictions on two of its subsidiary companies

Suzlon secures 103.95 MW wind project from AMPIN Energy Transition. Renewable energy solutions provider Suzlon Group on Tuesday said it has secured a 103.95 MW wind project from AMPIN Energy Transition. As part of the agreement, Suzlon will supply wind turbines and execute the project, including erection and commissioning,

Battery Smart raises mn in funding round led by LeapFrog Investments. Battery swapping network Battery Smart on Tuesday said it has raised USD 65 million in a funding round, comprising a mix of primary and secondary investments, led by LeapFrog Investments. The Series-B funding round also saw participation from new and exist

Adani Defence & Aerospace, UAE's EDGE sign defence cooperation agreement. The agreement aims to combine the two companies' product portfolios to meet the needs of both global and local customers

Parent company Zomato set to infuse fresh capital of Rs 300 cr in Blinkit. With this latest investment, Zomato has invested a total of Rs 2,300 crore in Blinkit since acquiring the company in August 2022

Daimler India names Muthu Maruthachalam as new chief of ops, logistics. Muthumaruthachalam began his career with DICV in 2009 as a specialist in heavy-duty truck project management

Tata Steel flags concerns over political slugfest ahead of UK's elections. The statement follows UK media reports on Labour urging the company to pause the restructuring process until next month's general election

Persistent Systems partners with Google Cloud to drive GenAI in key markets. Agreement will create solutions for various sectors including financial services and health care

Tata Motors planning to invest Rs 18,000 cr in EV division till FY30. Targets 20% share in PV market by FY30

NCLAT asks ICICI to consider OTS proposal in Jaiprakash Associates case. Insolvency appellate tribunal NCLAT has issued a notice to ICICI Bank over the plea of Jaiprakash Associates Ltd and said the private sector lender may consider the one-time settlement proposal submitted by the debt-ridden company by June 24, the next date

MSME loans will be 'focal point' for growth over next 5 years: SBI. SBI, the country's largest lender, on Tuesday said small business lending will be the "focal point" for growth and profit for the next five years. The state-owned lender launched a product christened "SME (small and medium enterprises) Digital Business Loa

'No stake sale in Mumbai High, foreign co will only provide tech to ONGC'. Oil and Natural Gas Corporation (ONGC) will not give any equity stake in its flagship Mumbai High oil and gas fields to any foreign company and is only seeking help from global giants like BP Plc to help reverse declining output from the field, a top gover

Zomato to invest Rs 300 cr in Blinkit, total rises to Rs 2,300 cr. It will separately invest Rs 100 cr in live events and ticketing business

HCLTech signs agreement worth 8 million with Germany's apoBank. IT services company HCL Technologies (HCLTech) on Tuesday said it has expanded partnership with Germany's largest cooperative primary bank Deutsche Apotheker- und rztebank eG (apoBank). The estimated contract value of the deal is USD 278 million over a dur

Private capex expected to pick up with a stable govt at Centre: Anish Shah. The industry expects the continuation of growth-oriented policies in the third term of Prime Minister Narendra Modi-led government and the compulsion of coalition politics will not be a speedbreaker, Mahindra Group CEO and MD Anish Shah said on Tuesday. Ap

Hansgrohe bets big on India, sees it among top five global market. The company did not share India's revenue numbers, however, the executive expects India to contribute up to 10 percent in the global sales in the years to come

Ola Electric gets Sebi approval to raise 0 mn through IPO: Report. Ola now plans to list its shares by mid July, and in coming days will reach out to investors to assess demand for its issue, both sources said

Digital platforms are now a crucial pillar for FMCG cos to advertise: Meta. Nielsen and Kantar report commissioned by Meta shows digital platforms' influence on FMCG companies' success

Those who can't keep up will be left behind: Wadhwani Foundation CEO on AI. Through this initiative, the firm aims to translate over 1,000 innovations annually into product-led startups

Shriram Life declares Rs 201 cr bonus in FY24 on higher premium income. Shriram Life Insurance has declared a bonus of Rs 201 crore for the financial year ending March 31, 2024 following the robust growth in premium income. The bonus payout would benefit 3.86 lakh policy holders of Shriram Life Insurance. Shriram Life Insuranc

TVS Supply Chain Solutions signs deal with Daimler Truck South East Asia. TVS Supply Chain Solutions has secured a strategic deal with truck manufacturer Daimler Truck South East Asia to streamline its supply chain operations in the region. Daimler Truck South East Asia Pte Ltd is a company of German truck maker Daimler Truck AG

SBI launches 'SME Digital Business Loans', to sanction loans in 45 minutes. Waives of financial statement requirement for SME loans below Rs 50 lakh

State Bank of India to scale up global operations through GIFT City. Diversify in trade finance through supply chain funding to MNCs

Union Bank to raise Rs 10,000 cr, including Rs 6,000 cr from stake sale. State-owned Union Bank of India on Tuesday approved a proposal to raise Rs 10,000 crore, including Rs 6,000 crore from share sale, to fund its business growth. The board approved raising equity capital not exceeding Rs 6,000 crore in tranche(s) within the

India will be the global AI leader, says GitHub CEO Thomas Dohmke. Dohmke said there's incredible energy and things are moving and evolving fast in terms of infrastructure, which is a reflection of the country's flourishing software industry

IT ministry to meet industry over draft digital competition law on Jun 13. The IT Ministry has scheduled a meeting with industry associations on Thursday to discuss their views on the draft Digital Competition law that has witnessed startups clash with tech giants in a pitched battle over certain provisions. The meeting will be c

HDFC Bank hikes fixed deposit rates by 20 bps with effect from June 10. The move comes even as the Reserve Bank of India decided to keep the policy repo rate unchanged in the June review of monetary policy

Wipro launches Lab45 AI platform to boost efficiency across biz functions. Lab45 is Wipro's innovation lab and the Lab45 AI platform is available to all Wipro employees and clients

Bank of India acquires over 6% stake in recently incorporated CCIL IFSC. State-owned Bank of India on Monday said it has acquired a 6.125 per cent stake in the recently incorporated CCIL IFSC, listed in GIFT SEZ, reflecting its commitment to the growth of IFSC. The announcement was made by Bank of India's Executive Director (In

Kotak Mutual Fund launches Kotak Special Opportunities Fund. The fund would look for such opportunities across market capitalisation

Blackstone mops up Rs 6,736 crore from 15.1% stake sale in Mphasis. Continues to be the largest shareholder

Pizza chain Domino's plans to operate 4,000 outlets in four years. With 2,000 outlets in 421 cities, chain shifts focus to dine-in

Former upGrad executives Kadekar, Konwar launch The Leadership Project. This venture aims to deliver leadership content that is globally relevant while being deeply rooted in India's diverse cultural contexts

FIR filed against IREO Group, Oberoi Realty MDs for fraud in Gurugram. An FIR was registered against nine people, including IREO Group Managing Director Lalit Goyal and Oberoi Realty Limited Chairman and Managing Director Vikas Oberoi, under various sections of cheating, criminal breach of trust and forgery, police said on Su

Paytm cuts jobs as part of restructuring, facilitates outplacement support. Fintech firm One97 Communications, owner of Paytm brand, is laying off an undisclosed number of employees and claimed that it is providing outplacement support for their smooth transition, according to a company statement. Paytm's sales employee headcount

JSW Energy begins construction of battery storage project in Rajasthan. JSW Energy on Monday said it has commenced the construction of 1 gigawatt hour (GWh) battery energy storage system project at Fatehgarh in Rajasthan. The company bagged the project from Solar Energy Corporation of India Limited (SECI) recently, JSW Energy

Suzlon denies any financial irregularity as independent director quits. Renewable energy solutions provider Suzlon Energy on Monday clarified that there are no financial irregularities or compliance violations within the organization, following the resignation of its independent director Marc Desaedeleer. Desaedeleer resigned

Kalpataru Projects International board to raise Rs 300 cr through NCDs. Kalpataru Projects International on Monday said its board has approved the proposal to raise Rs 300 crore through the issuance of Non-convertible Debentures (NCDs) on private placement basis. A total of 30,000 NCDs of face value of Rs 1,00,000 each, aggreg

Heritage Foods shares soar; Naidu's family wealth rises by Rs 1,200 cr. Heritage Foods Ltd's shares: TDP leader Chandrababu Naidu's wife, Bhuvaneswari Nara, and son, Nara Lokesh, hold 24.37% and 10.82% stakes in the company

Chargesheets to cabin crew can be detrimental: Air India Express Union. The Air India Express Employees Union (AIXEU) has termed the alleged issuance of charge-sheet by the airline's management to around 200-odd cabin crew members for reporting sick during last month's strike as unfortunate and unfair labour practice. In a let

Suspended board of Jaiprakash Associates moves NCLAT over insolvency order. The suspended board of debt-ridden Jaiprakash Associates has moved appellate tribunal NCLAT challenging last week's NCLT order which directed initiation of insolvency proceedings against the firm. The petition was listed before a vacation bench of the Nati

Jaypee Infra insolvency: Suraksha to pay 1st tranche to YEIDA before Aug 24. Mumbai-based Suraksha Group, which has recently taken control of debt-ridden realty firm Jaypee Infratech through an insolvency process, will pay the first instalment of around Rs 133 crore to Yamuna Expressway Industrial Development Authority within three

Citroen inks MoU with CAB-EEZ Infra Tech to supply 2,000 units of e-C3 EVs. French carmaker Citroen on Monday said it will supply 2,000 units of its electric vehicle e-C3 to urban e-mobility player CAB-EEZ Infra Tech Pvt Ltd over the year. The two companies have signed a Memorandum of Understanding (MoU), under which the first 100

Reliance Power becomes debt free on standalone basis; clears pending dues. Reliance Power has become a debt-free company on a standalone basis clearing all outstanding dues to lenders, sources said. The company had a debt of around Rs 800 crore, which has been repaid to banks, they said. Between December 2023 and March 2024, Reli

SAIL-Bhilai supplies 4,000 tonnes of heat-treated rails to Railways. The commercial production of R350 HT rails started at the universal rail mill in October last year after successful trials and clearance from the research wings of SAIL and the Railways

HCL Technologies launches Enterprise AI Foundry to speed up GenAI-led biz. IT services company HCL Technologies (HCLTech) on Monday announced the launch of Enterprise AI Foundry and said it will simplify and scale enterprise AI journeys across business value chains. An HCLTech release said that the integrated suite of assets comb

Cognizant to acquire Belcan for .3 bn to boost engineering capabilities. The acquisition is expected to significantly expand Cognizant's ER&D capabilities, building upon the company's existing strengths in the Internet of Things (IoT) and digital engineering practice areas

HCLTech launches Enterprise AI Foundry to streamline, scale enterprise AI. The company says that the solutions will effectively enable business leaders to focus on real-world outcomes and help development teams to build next-gen AI-powered applications with ease

Nvidia triggers speculations over possible Dow inclusion after stock split. The split, aimed at lowering per-share value to make it more affordable for employees and investors, increases the company's outstanding shares without changing the stock's valuation

Life insurance industry's new business premiums grow 15.5% in May. LIC drives growth with 18.7% rise

ONGC seeks foreign partners for Mumbai High oilfield, offers revenue share. State-owned Oil and Natural Gas Corporation (ONGC) is seeking foreign partners to reverse declining output at its flagship Mumbai High fields, offering a share of revenue from incremental production plus a fixed fee but not any equity stake. ONGC on June 1

Lupin recalls 51k bottles of generic drug due to defective containers in US. Drug firm Lupin is recalling over 51,000 bottles of a generic antibiotic medication in the US market due to a "defective container", according to the American health regulator. The US-based arm of the drug maker is recalling 51,006 bottles of Cefdinir for

NCLT allows insolvency against Himalayan Mineral Water on J-K Bank's plea. The National Company Law Tribunal (NCLT) has directed initiating insolvency proceedings against Himalayan Mineral Waters, allowing Jammu & Kashmir Bank's plea for default of a corporate guarantee given for LeeL Electricals. The Allahabad bench of NCLT has

GX Group eyes 66% revenue growth to Rs 500 cr in 2 yrs, to double exports. Telecom gear maker GX Group expects its revenue to grow by 66 per cent to Rs 500 crore by financial year 2026, on account of growth in domestic business as well as exports, a top company official has said. The company makes Gigabit Passive Optical Network

Air India utilising group airlines' engineering skills for maintenance work. Tata Group-owned Air India is utilising the engineering skills available with group airlines to carry out more maintenance work of the aircraft under its own quality control amid multiple instances of its legacy planes facing operational issues, according

India's end-use energy consumption to grow 90% by 2050: Rosneft CEO. India's end-use energy consumption is set to grow by 90 per cent by 2050 -- one of the fastest growth rates in the world, Russian oil giant Rosneft CEO Igor Sechin said. Sechin, Chief Executive Officer of Rosneft, Russia's biggest oil producer, addressed k

Capital SFB aims to comply with conversion norms in 12-18 months. Capital SFB is not yet eligible to apply for a conversion to a universal bank because of net non-performing ratio

Maharashtra, Karnataka, Delhi top UK's investment flows from India: Report. Maharashtra followed by Karnataka and Delhi are the top three states of India bringing in foreign direct investment (FDI) into the UK, according to a new joint report produced by the Confederation of Indian Industry (CII) and the High Commission of India i

Unacademy cofounder and CTO Hemesh Singh quits the edtech company. After almost a decade of building Unacademy, Singh has decided to move from an executive role to an advisory role

Mumbai's first Metro line completes 10 years, makes 1.1 million trips. Mumbai's first Metro line from Versova to Ghatkopar completed 10 years of operations on Saturday, having made 11 lakh trips with 99 per cent punctuality. The Mumbai Metro One, promoted by Reliance Infrastructure, was flagged off on June 8, 2014, marking th

CCI proposes amendments to general rules, seeks feedback from stakeholders. Fair trade regulator Competition Commission of India (CCI) has sought stakeholder comments on the proposed amendments to the CCI (General) Regulations, 2009, following recent changes to the Competition Act. The amendments came from the Competition (Amendme

'Unhygienic, dusty' Blinkit warehouse in Hyderabad under FSSAI scanner. Zomato-owned Blinkit's one of the warehouse premises located Hyderabad were found in violation of multiple norms during a raid on June 5, the Commissioner of Food Safety, Telangana said

Bajaj Auto's affordable Chetak 2901 charges up electric scooter market. Bigger players have cornered an 80% share of this segment compared to them commanding only 50-60% a year back

South Korea's Mirae Asset mulls 0 mn capital infusion in Sharekhan. Foray into wealth management and portfolio management on the cards

Won't have ATC towers at airports in 20 years, says Adani Airports CEO. AAI has started trials with remote digital towers, he added

Adani Group plans to invest over billion in Sri Lankan wind projects. Adani Group plans to invest over USD 1 billion in setting up projects in Sri Lanka to generate electricity from wind in what would be the island nation's single largest foreign direct investment and the biggest ever power project, sources said. Group firm

Wardwizard bags .29 bn electric vehicle order from Philippines company. This collaboration aligns with the Philippines government's PUVMP, which seeks to replace outdated gasoline and diesel vehicles with cleaner electric alternatives

A sporty hatchback: Tata Motors launches Altroz Racer at Rs 9.49 lakh. This new variant includes a 360-degree camera, a large touchscreen infotainment system, ventilated front seats (a first in this segment), and six airbags as standard

Toyota Kirloskar Motor looks to expand used car business across key cities. Toyota Kirloskar Motor aims to expand its used car business across key cities, as per a senior company official. The automaker on Friday inaugurated its first company-owned Toyota Used Car Outlet (TUCO) in New Delhi under brand name Toyota U-Trust. "With t

WisdomNext to push generative AI play for Tata Consultancy Services. The company added that the platform approach allows organisations to rapidly adopt next-gen technologies at scale within regulatory frameworks and at lower costs

Torrent Group market capitalisation doubles to billlion in one year. Diversified Torrent Group crossed USD 20 billion (Rs 1.68 lakh crore) in market capitalisation on Friday, nearly doubling the market value on the back of robust growth across businesses spanning from pharma to energy. Torrent Group had an m-cap of USD 10.8

USFDA issues Form 483 with four observations to Dr Reddy's API unit. Dr Reddy's Laboratories on Friday said the US health regulator has issued Form 483 with four observations after inspecting its Andhra Pradesh-based API manufacturing facility. The US Food & Drug Administration (USFDA) today completed a GMP inspection at th

TVS Motor recalls select units of iQube electric two-wheeler for inspection. TVS Motor Company on Friday said it is recalling a select set of iQube electric two-wheeler units for a "proactive inspection". The company will inspect the bridge tube of units that were manufactured between July 10, 2023 and September 9, 2023 to ensure t

India's strong growth leading to trend of 'reverse flipping' for startups. India's strong growth is leading to a trend of 'reverse flipping' as domestic startups that once used to move abroad for capital access and tax benefits are now returning home, a top government official has said. Commerce Secretary Sunil Barthwal also said

Samsung Electronics' union set to stage 1st walkout over pay in South Korea. The National Samsung Electronics Union (NSEU), which has about 28,000 members, or more than a fifth of the company's total workforce, has said it will stop work for a day as part of broader protest me

NCLT approves merger of full-service carriers Vistara with rival Air India. The merger, first announced in November 2022, will include Vistara, which is 49 per cent owned by Singapore Airlines being absorbed into Air India

Vellayan Subbiah of TII named EY World Entrepreneur of the year 2024. India has now become the only country among EY regions to win the global entrepreneurship award four times

ONGC seeks technical help to raise oil, gas output at Mumbai High field. State-owned Oil and Natural Gas Corporation (ONGC) is seeking help from an internationally-proven technical service provider to raise oil and gas production from its flagship but old and maturing Mumbai field in the Arabian Sea. The firm has floated an int

Go Air crisis: Central Bank set to auction Wadia's land for Rs 1,965 cr. Over 94 acres of land will be sold under the Securitisation and Reconstruction of Financial Assets and Enforcement of Security Interest (SARFAESI) Act 2002

Netflix tests biggest TV app revamp in 10 yrs to enhance viewing experience. The video streaming pioneer wants to increase the time that viewers spend on the app to help retain customers and draw subscribers to its new, lower cost plans with advertising

Latest stock market News for tomorrow Access previous news reports: 379380381382383384385386387388389390391392393394395396397

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