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NSE share market NEWS tomorrow (14 June, 2024). NSE stocks in NEWS (tomorrow)

NSE share market NEWS tomorrow (14 June, 2024). NSE stocks in NEWS (tomorrow) These are NSE stocks which will be in NEWS tomorrow as on 14 June 2024

Mazagon Dock was amongst the top gainers, currently trading at 3877.55 in NSE with 3.263 times change in volumes and 14.385% change in price. Other gainers included Abb India with 6.789% price change and 3.217 times volumes, Life Insura with 6.44% price change and 7.959 times volumes, Bharat Dynamics with 6.15% price change and 2.318 times volumes, and Siemens with 5.321% price change and 1.513 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.

Computer Age was amongst the top losers, currently trading at 3577.60 in NSE with 0.589 times change in volumes and -2.394% change in price. Other losers included Mphasis with -1.94% price change and 0.403 times volumes, Hindustan Zinc with -1.562% price change and 1.204 times volumes, Oracle Financial with -1.525% price change and 0.324 times volumes, and Oberoi Realty with -1.401% price change and 0.487 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.

RBI puts Rs 1.45 cr fine on Central Bank of India for non-compliance order. The Reserve Bank on Friday said it has imposed a penalty of Rs 1.45 crore on the Central Bank of India for non-compliance with certain directions related to 'loans and advances' and 'customer protection'. The RBI had conducted a statutory inspection for Su

Nykaa to scale up beauty, fashion biz in next 3 years: CEO Falguni Nayar. Moreover, Nykaa aims to grow its fashion business by 2.5x-3x over the next three years, as it looks to become Ebitda positive in the near future

Diversity, equity, and inclusion hiring rise over 25% in 2023: Report. As India Inc is inching towards becoming more inclusive, a report has revealed that diversity, equity, and inclusion (DE&I) hiring has gone up over 25 per cent from 2022 to 2023. "With industry data indicating that DE&I hiring in India increased over 25 pe

CLSA sees further re-rating scope in Vedanta; stock rises over 2%. Vedanta also expects major cost reductions via alumina refinery capacity expansion, higher power generation efficiency, commissioning coal blocks and bauxite mines, and a smelting capacity increase

S&P puts six Tata Group cos on credit watch rating with positive outlook. S&P Global Ratings on Friday said it has placed credit watch ratings with positive implications on six Tata Group entities, citing possible increase in group support. The companies are Tata Steel Ltd, Tata Motors Ltd, Jaguar Land Rover Automotive PLC(JLR),

InterGlobe Aviation to receive compensation from P&W for engine issues. InterGlobe Aviation -- the parent company of no-frills carrier IndiGo -- on Friday said it will receive a "customised" compensation from aircraft engine maker Pratt & Whitney's affiliate firm International Aero Engine (IAE) for grounded aircraft. "On June

Hyundai Motor India plans to roll out nearly Rs 25,000 crore IPO. Likely to dilute 17.5% stake in country's biggest initial share sale

Sebi cancels registration of Grovalue Fin Services for flouting norms. Markets regulator Sebi on Friday cancelled the certificate of registration of Grovalue Financial Services for flouting regulatory norms. The Securities and Exchange Board of India (Sebi) inspected the matters of Grovalue Financial Services, a Sebi-register

Airtel prepays dues of Rs 7,904 cr for spectrum acquisition in 2012, 2015. Telecom operator Bharti Airtel on Friday said it has prepaid the entire dues of Rs 7,904 crore for the spectrum it acquired in 2012 and 2015 to the Department of Telecom. Airtel acquired spectrum worth Rs 8.67 crore in 2012 and Rs 29,129 crore in 2015 auct

State-owned PFC signs agreement with CVPPPL for Rs 1,870 crore term loan. State-owned PFC on Friday said it has signed an agreement with the Chenab Valley Power Project Private Limited (CVPPPL) to extend a term loan of Rs 1,869.265 crore. The CVPPPL is a 51:49 per cent Joint Venture of NHPC LTD and Jammu And Kashmir State Power

Rajasthan govt begins recalling some batches of MDH and Everest spices. Rajasthan told the federal government in a letter it found a batch of Everest's cumin powder and a batch each of two MDH spice blends unsafe after tests, Reuters reported on Thursday

ESAF SFB to discontinue business correspondent services of ESMACO. Absorb 5,000 plus employees of BC on its rolls

LIC to enter health insurance market via private health insurer: Report. Earlier, LIC Chairman Siddhartha Mohanty had spoken about exploring "inorganic" options for the company's foray into the health insurance segment

Retired US Army General Paul Nakasone joins OpenAI's board of directors. Retired US Army General Paul Nakasone is a global defence cyber expert, who has been instrumental in the development of US cyber defence capabilities

After deal with Tokopedia, ByteDance confirms its layoff plan in Indonesia. ByteDance, the owner of TikTok, did not say how many employees would be affected. Bloomberg had earlier reported there would be 450 jobs cut.

Baby food sugar row: Public Eye, IBFAN call for legal action against Nestle. A report by Public Eye and IBFAN showed that Nestle's baby foods in South Asian, African, and Latin American countries had notably elevated sugar content compared to their European counterparts.

Tata Group in talks to acquire a majority stake in Vivo's India unit. On June 12, a report emerged that the Centre may okay a joint venture between Indian and Chinese companies if the Indian partner holds a majority stake of at least 51 per cent in the firm

Hyundai India recalls 1,744 units of Ioniq 5 over charging control issue. Hyundai Motor India is recalling 1,744 units of its electric model Ioniq 5, due to an issue with the integrated charging control unit, as per the information available with industry body SIAM. The company is recalling the units manufactured between July 21

Zydus gets tentative nod from USFDA for blood pressure lowering drug. Zydus Lifesciences Ltd on Friday said it has received tentative approval from the US health regulator to market Azilsartan Medoxomil and Chlorthalidone tablets, which are indicated for the treatment of high blood pressure. The tentative approval by the US

Hyundai India set to offload 17.5% stake. To raise up to billion in IPO. Hyundai India IPO: The development is a significant moment for the industry in India, as an automaker IPO comes over two decades after Japanese automaker Maruti Suzuki's listing in 2003

Vodafone Group looks to sell entire .3 billion stake in Indus Towers. Vodafone owns 21.5% of mobile-tower operator Indus via various group entities. As of Friday's closing stock price in Mumbai, the investment is worth .3 billion

SoftBank develops AI voice tech to protect workers from angry customers. SoftBank aims to tackle the growing stress levels among call-centre staff, who are facing an increasing number of angry outbursts from dissatisfied customers

Sebi bats for tax benefits in 'zero coupon zero principal bond' investments. To encourage social sector spending, markets regulator Sebi has suggested that the government should allow tax benefits to companies investing in zero coupon zero principal bonds issued by not-for-profit organisations listed at the social stock exchange. T

Vedanta arm WCL to invest bn for Liberia's socio-economic development. Vedanta Sesa Goa on Friday said that its arm Western Cluster Ltd (WCL) is planning to pump in USD 2 billion for the socio-economic development of Liberia, West Africa. WCL is a wholly-owned arm of Bloom Fountain Ltd, which is a wholly-owned subsidiary of V

SpiceJet's domestic passenger market share drops below Akasa Air in May. SpiceJet carried 554,000 passengers in May, a drop of about 10 per cent month-on-month (MoM). On the other hand, Akasa Air carried 664,000 passengers in May, a jump of about 14.5 per cent MoM

Agri firm Samunnati gets Rs 133 cr debt funding from Swiss firm Blue Earth. Agriculture value chain enabler Samunnati on Friday said it has raised Rs 133 crore (USD 16 million) in credit financing from Swiss impact investment firm Blue Earth Capital. This is Blue Earth Capital's first debt investment and will help Samunnati expand

USFDA closes inspection of Lupin's facility with zero 483 observations. The inspection of the Nagpur facility was carried out by the US drug regulator from June 10 to June 13, 2024

Minda Corp partners with Taiwan firm to locally produce sunroof for PVs. Auto components maker Minda Corporation on Friday said it has inked a pact to form a joint venture with Taiwan-based HSIN Chong Machinery Works Co to locally produce sunroofs for passenger vehicles. The 50:50 partnership aims to localise the production of

Axis Bank expanding branches to raise more deposits: Deputy MD Rajiv Anand. Axis Bank completed the acquisition of Citibank India's consumer banking business effective March 1, 2023

Adani Enterprises promoters raise stake in company by 2.02% to 73.95%. Total promoter holding in the Adani Group flagship firm has now risen to 73.95% from 71.93% last September

SBI sanctioned 20,000 digital small biz loans up to Rs 50 lakh since Dec. State Bank of India (SBI) has sanctioned around 20,000 loans of Rs 10 lakh to Rs 50 lakh for small businesses as part of a digital lending pilot that started in December, a senior official said on Friday. Having been satisfied with the results of the pilot

Mondelez International teams up with Lotus to take bigger bite from India. Both companies said in a joint release that they will develop new chocolate products combining Biscoff taste and texture with Mondelez's Cadbury

Adani Group marks bn for multiple cement acquisitions in expansion bid. Adani Cement is the second-largest cement producer in India after UltraTech Cement and is looking to capture one-fifth of the domestic cement market by FY28

Bharat Petroleum seeks Rs 31,000 crore loan for Bina refinery expansion. SBI Capital Markets has been appointed to secure the loan required for Bina refinery expansion, which is estimated to cost nearly Rs 20,000 crore

NCLT gives 4th extension of 60 days to Go First to complete insolvency. The National Company Law Tribunal (NCLT) has granted an extension of 60 days to the grounded air carrier Go First for completing the insolvency process. This is the fourth extension for Go First to complete the Corporate Insolvency Resolution Process (CIRP

Jaypee Infratech appoints new CFO to delist shares as part of insolvency. Jaypee Infratech's shares on the BSE are currently suspended. The company, as of May 24, is under the management of Suraksha Group, following NCLAT approval

Jio Platforms-SES internet service JV allowed to operate satellites. The 3 approvals issued to Orbit Connect India come as cos from Amazon.com to Musk's Starlink vie for the go-ahead to launch satellite communication services in the country

India Inc seeking Rs 5 trillion credit to fund capex: SBI Chairman Khara. State Bank of India Chairman Dinesh Kumar Khara has said there is a growing demand for credit from the corporate sector and loans worth Rs 5 lakh crore are in the pipeline. Unlike the past few years, when the corporates had sufficient cash surplus on their

Rajib Kumar Mishra ceases to be chairman of PFS after Sebi's order. PTC India Financial Services Ltd (PFS) on Thursday said that Rajib Kumar Mishra ceased to be the company's chairman following the order passed by markets regulator Sebi that restrained him from holding the director's post for six months. Mishra held office

Wipro's AI adoption in existing projects up 140%: COO Sanjeev Jain. Earlier this week, Wipro launched its Lab45 AI platform, which leverages GenAI, machine learning, and deep learning technologies to help companies increase efficiencies

Nokia, Ericsson to pick Rs 2,458 cr stake in Vodafone Idea in lieu of dues. Debt-ridden telecom operator Vodafone Idea will allocate shares worth Rs 2,458 crore to vendors Nokia India and Ericsson India to clear their partial dues, a regulatory filing said on Thursday. The board of Vodafone Idea Ltd (VIL) has cleared allotment of

WeWork India enters Tamil Nadu market with Olympia Cyberspace in Chennai. Flexible workspace solutions provider WeWork India made its foray into the Chennai office space market with the launch of 'Olympia Cyberspace' facility in the city. Equipped with over 2,000 desks spread across 1.30 lakh sq ft land in Guindy, the company ha

Haldia Petrochemicals signs 10-yr pact with QatarEnergy for naphtha supply. 'Deal reaffirms commitment to be part of India's economic growth trajectory,' says Qatar's energy minister

Samsung partners with Paytm to integrate more services to its wallet. Consumer electronics brand Samsung has partnered with Paytm parent One97 Communications Ltd to integrate travel and entertainment services to Samsung Wallet in India. Through the partnership, users of Samsung Galaxy smartphones can access Paytm's suite of

Ambuja Cements acquires Penna Cement at enterprise value of Rs 10,422 cr. PCIL's strategic location and sufficient limestone reserves provide an opportunity to increase cement capacity through debottlenecking and additional investment

Vodafone Idea to offer Rs 2,458 crore stake to Nokia and Ericsson. Shareholders to decide on the preferential issue at EGM on July 10

JSW Group to invest billion in 6 years; plans to expand capacity. The Odisha investment consists of a 50 GWh EV battery plant, EVs, a lithium refinery, a copper smelter, and related component manufacturing units

Zomato creates Guinness World Record for largest first aid lesson. The event was held at Nesco, Goregaon in Mumbai, and attended by more than 4,300 delivery agents, making it the world's largest on-ground first aid training programme ever conducted

RBI approves Aurionpro Payments plea to become online payment aggregator. Aurionpro Payment Solutions on Thursday said it has received Reserve Bank's nod to operate as an online payment aggregator via its payment gateway brand AuroPay. The authorisation from the apex bank enables the company to operate as an online payment aggre

Freshers hiring witnesses 5% growth amid improvements in IT sector: Report. The demand for freshers has gone up 5 per cent over the past six months, aided by gradual improvement in the IT sector, according to a report released on Thursday. The highest share of job postings for freshers was witnessed by the IT and staffing industry

Suven Pharma to acquire 67.5% stake in Sapala Organics for Rs 229.5 cr. Suven Pharmaceuticals on Thursday said it will acquire 67.5 per cent stake in Hyderabad-based Sapala Organics for Rs 229.5 crore. The company, which is one of the country's largest integrated contract development and manufacturing organisation players, has

Adani Group's Ambuja Cements to buy Penna Cement for Rs 10,422 crore. This is Adani Group's third acquisition since the Ambuja-ACC takeover

Adani Group's Australian coal port gets 3 million private credit loan. Billionaire Gautam Adani's ports-to-power group is one of India's largest thermal power producers with multiple coal-based plants in the nation

South Park Commons enters India in collaboration with Binny Bansal. In collaboration with Binny Bansal, co-founder of Flipkart, the early-stage fund will provide a supportive environment for India's most talented founders

RCap resolution: NCLT to hear IIHL plea for deadline extension on June 20. National Company Law Tribunal (NCLT) will hear the plea of Hinduja Group firm IIHL for extension of deadline for completing Reliance Capital's resolution on June 20. IndusInd International Holdings Ltd (IIHL) is the successful bidder for the resolution of

IndiGo to operate direct flights from Durgapur to Bhubaneswar, Bagdogra. Low-cost carrier IndiGo has announced new routes connecting Durgapur with Bhubaneswar, Bagdogra, and Guwahati. These new flights will commence on August 30, a statement by the airline said. Flights between Durgapur and Bhubaneswar will operate daily, Durga

Crisil Ratings upgrades outlook on Thomas Cook India to 'positive'. Crisil Ratings on Thursday revised its outlook on the long-term bank facilities and corporate credit rating (CCR) of Thomas Cook India (TCIL) to 'positive' from 'stable'. The rating agency has also reaffirmed the ratings at 'CRISIL AA-/Positive CRISIL A1+'

Rajasthan govt finds some MDH, Everest spices 'unsafe' for consumption. India's domestic market for spices was valued at .44 billion in 2022, according to Zion Market Research

NCLT directs edtech major Byju's to keep status quo on shareholding. This means that Byju's is restricted from issuing shares and using funds raised from a 0 million rights issue until the tribunal decides the matter

India is a better destination for tech IPOs: Binny Bansal to entrepreneurs. Binny Bansal also acknowledged that the quick commerce model is working well in India despite his scepticism

Tata Punch and Nexon score perfect 5 in first BNCAP EV crash test. The Ministry of Road Transport and Highways has introduced an indigenous star-rating system for crash-testing cars

NCLT to hear insolvency plea filed by ELF against SpiceJet on August 2. The National Company Law Tribunal (NCLT) has issued a notice to SpiceJet over an insolvency plea filed by Engine Lease Finance BV, an aircraft engine lessor of the debt-ridden air carrier. The single-member NCLT bench has asked SpiceJet to file a response

WhatsApp announces major upgrades to enhance calling experience. Interestingly, WhatsApp also announced that it is allowing more participants in video calls. Now 32 people can get on a video call across all their devices

Mercedes Benz to invest Rs 3,000 crore in Maharashtra: Minister Samant. German car-maker Mercedes Benz will make an investment of Rs 3,000 crore in Maharashtra, state Industries Minister Uday Samant said on Thursday. In a post on X, Samant said while on a tour of Germany, he met top executives of Mercedes Benz on Thursday and

How Amul navigated the tricky terrains of India's ice cream market. Amul has expanded from 19 operational ice cream plants until last year to 25, having invested more than Rs 1,000 crore this year in capacity. It aims to double ice cream capacity in two years

FY25 fiscal deficit of 20 major states to be lower than budgeted: Axis Bank. The Finance Commission had allowed states to borrow up to 4-3.5 per cent of Gross State Domestic Product in FY22-23, with unused limits usable up to FY25

Sebi bars acting PFS Chairman from holding post of director for 6 months. Sebi on Wednesday restrained PTC India Financial Services Ltd's (PFS) acting chairman Rajib Kumar Mishra from holding the director's post in any listed firm for six months and imposed a penalty of Rs 10 lakh on him for corporate governance lapses. Mishra i

Harsh Pati Singhania elected 1st vice-chair of world business organisation. Harsh Pati Singhania of JK Paper Ltd. has been named First Vice-Chair of the International Chamber of Commerce, representing over 45 million businesses globally

Tata Power Renewable Energy deploys more than 850 e-bus charging points. Tata Power Renewable Energy Ltd (TPREL) on Wednesday said it has deployed more than 850 e-bus charging points at various locations in the country. The robust bus charging network has led to more than 1 lakh tonnes of tailpipe CO2 emissions savings, the com

Rs 740-cr IPO of ixigo parent Le Travenues Technology subscribed 98.1 times. The initial public offer of Le Travenues Technology, which operates travel booking platform ixigo, got subscribed 98.10 times on the closing day of subscription on Wednesday. The Rs 740-crore initial share sale received bids for 4,29,36,34,618 shares again

IT firms acquire niche players in ER&D to generate new revenue streams. Cognizant's acquisition of Belcan for .3-billion earlier this week as well as Infosys's dual acquisitions of in-tech for 0 million

Go First on last leg of extension from NCLT to complete insolvency process. The lenders of the airline include the Bank of Baroda, the Central Bank of India, and IDBI Bank

Nestle India to pay royalty fee to Swiss parent at current rate of 4.5%. As many as 57 per cent of the company's shareholders had rejected the proposal, the company had informed the exchanges

Taj becomes world's strongest hotel brand on back of rapid revenue growth. Taj's brand value soared to 5 million, stated the report.

Gensol Engineering wins bidding for Rs 1,340 cr energy storage project. Gensol Engineering on Wednesday said it has emerged as a successful bidder for Gujarat Urja Vikas Nigam's 250 MW (500 MWh) Battery Energy Storage Project worth Rs 1,340 crore. The project will supply electricity on an 'on-demand' basis to Gujarat State's D

Costa Coffee posts 49% rise in revenue to Rs 152 cr in FY24, adds 67 stores. British coffee chain Costa Coffee reported a 49 per cent growth in revenue from operations to Rs 151.8 crore in India, Devyani International Ltd said in the annual report. Its gross profit stood at Rs 116.6 crore, up 45 per cent from the year-ago period, i

Whirlpool of India, HUL announce marketing alliance for Surf Excel. Appliance as washing machine maker Whirlpool of India and Hindustan Unilever Ltd (HUL) on Wednesday announced a new marketing alliance for Surf Excel, the laundry brand of the leading FMCG maker. As per the alliance, both brands will have joint marketing i

Byju's hedge fund ally can avoid arrest if he helps locate 3 million. The missing money is at the heart of a dispute between lenders owed .2 billion and the startup founded by entrepreneur Byju Raveendran

Suraksha Group infuses Rs 125 cr in Jaypee Infratech, to begin stalled work. The Suraksha Group has infused Rs 125 crore equity fund in Jaypee Infratech Ltd, which it has acquired through insolvency process, as part of its resolution plan to settle banks' dues and complete around 20,000 unfinished flats in Delhi NCR. Earlier this m

Skincare startup Foxtale raises mn in funding for category expansion. D2C skincare brand Foxtale on Wednesday said it has raised USD 18 million (about Rs 150 crore) in a funding round led by Singapore-based Panthera Growth Partners and plans to deploy the fresh capital towards category expansion and top-level hiring. The Ser

FIU fines Axis Bank Rs 1.66 cr for failing to detect fraud NSG account. The Financial Intelligence Unit has slapped a fine of more than Rs 1.66 crore on Axis Bank for "failing" to put in place a mechanism to detect and report suspicious transactions carried out at one of its branches by creating a "fraud" account in the name o

Crisil upgrades its outlook on Inox Wind's bank facilities to stable. Inox Wind Ltd on Wednesday said Crisil has upgraded its outlook on the company's long-term and short-term bank facilities. Crisil has upgraded rating for long-term bank facilities to 'Crisil A/Stable' from 'Crisil A-/Stable', while on company's short-term

CIPL bags Rs 114 crore IT infra maintenance project from Indian Oil. Technology solutions company CIPL on Wednesday said it has secured a Rs 114-crore project from Indian Oil Corporation Limited (IOCL) for the comprehensive maintenance of IT infrastructure of the public sector petroleum major. The contract will be carried o

SpiceJet halts Hyderabad-Ayodhya flights, less than 2 months after launch. SpiceJet has discontinued direct flights between Ayodhya and six other cities amid tourism decline in the city

EdTech firms moves SC against grace marks given to NEET-UG 2024 candidates. The chief executive of EdTech firm Physics Wallah', Alakh Pandey, has moved the Supreme Court against alleged random award of grace marks by the National Testing Agency to over 1,500 candidates who took the controversy-ridden NEET-UG, 2024 for admissions t

NBCC bags Rs 100 cr from Oil India to build core repository in Guwahati. State-owned NBCC (India) Limited has bagged a Rs 100 crore contract from Oil India to construct a centralised core repository with advanced laboratory facilities at Guwahati in Assam. In a statement on Wednesday, NBCC said it has inked a Memorandum of Unde

NCLT extends insolvency resolution process for Go First by 60 days. The National Company Law Tribunal warned the airlines that this would be the final extension offered

Brigade Group to invest Rs 8,000 cre in Chennai; develop 15 mn sq ft. Bengaluru-based real estate company aims to double growth in Chennai

Groww's active client base tops 10 mn; becomes 1st broker co to attain feat. Zerodha Broking, which is the country's most profitable brokerage, has UCCs of 7.51 million, cornering an 18 per cent market share

Mahindra Group to focus on delivering scale over next decade: MD Anish Shah. Farm equipment to aerostructure conglomerate Mahindra Group will focus on delivering scale with its businesses that it 'believes' will cover 70 per cent of India's growth over the next decade, according to its Managing Director and CEO Anish Shah. The grou

Infosys ranked 74th most valuable global brand in Kantar BrandZ report. Infosys has secured a spot among the 100 most valuable brands in the world, according to Kantar, the Bengluru-headquartered IT services company said on Wednesday. In its annual 'BrandZ Most Valuable Global Brands' report, Infosys is ranked as the 74 most v

'Cabin crew issues are now well resolved', says Air India Express CCO. Airline to add 24 planes in the next 6 months, he added

Mattress and furniture maker Wakefit unveils AI-powered sleep solutions. Users will receive reports on sleep stages, respiratory rate, snoring, movement, and overall sleep quality and get an aggregated sleep score

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