NSE share market NEWS tomorrow (26 June, 2023). NSE stocks in NEWS (tomorrow)
NSE share market NEWS tomorrow (26 June, 2023). NSE stocks in NEWS (tomorrow) These are NSE stocks which will be in NEWS tomorrow as on 26 June 2023
Mazagon Dock was amongst the top gainers, currently trading at 1257.10 in NSE with 1.998 times change in volumes and 7.165% change in price. Other gainers included Pb Fintech with 6.325% price change and 1.247 times volumes, Varun Beverages with 4.321% price change and 0.621 times volumes, Multi Commodity with 4.301% price change and 1.462 times volumes, and Jsw Energy with 4.074% price change and 1.423 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.
Shree Cements was amongst the top losers, currently trading at 23702.15 in NSE with 16.968 times change in volumes and -5.739% change in price. Other losers included Apl Apollo with -2.038% price change and 1.307 times volumes, Bse with -1.939% price change and 0.343 times volumes, Torrent Power with -1.451% price change and 0.736 times volumes, and Life Insura with -1.448% price change and 0.615 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.
Epsilon first Indian firm to invest 0 mn on EV battery parts plant in US. Move follows India-US minerals pact; firm to set up 50,000 mtpa plant with revenue generating potential of 0 million at full capacity utilisation
Infra.Market to acquire 92% stake in Strata Geosystems at Rs 910 cr. Manufacturing unicorn Infra.Market will acquire around 92 per cent stake in geosynthetics company Strata Geosystems India from US-based Glen Raven Technical Fabrics LLC at an enterprise value of Rs 910 crore, a senior company official said on Monday. Infra
Tata Power partners with Le Roi Hotels to install 16 EV charging stations. Tata Power on Monday said it will install EV charging infrastructure at various hotel locations of Le Roi Hotels and Resorts across India. In a statement, Tata Power said it has "partnered with Le Roi Hotels and Resorts to install EV charging stations acro
SAT adjourns Zee Entertainment-Sebi matter; next hearing on Tuesday. Refuses to take on record additional affidavit filed by Sebi in the matter
3.45% increase in royalty to parent Unilever after detailed evaluation: HUL. The decision to increase royalty to 3.45 per cent to parent Unilever was taken after a detailed evaluation and due diligence, Hindustan Unilever Ltd Chairman Nitin Paranjpe said on Monday. Earlier this year, leading FMCG maker Hindustan Unilever Ltd (HUL)
Infosys bags 4 mn deal from Danske Bank; to acquire bank's IT centre. IT major Infosys has bagged a digital transformation deal from Denmark-based Danske Bank estimated to be around USD 454 million for five years, the company said on Monday. As part of the strategic collaboration with Danske Bank, Infosys will acquire Danske
Lulu Group to invest Rs 10,000 cr in India to complete ongoing projects. UAE-based Lulu Group will be investing Rs 10,000 crore in India on various ongoing projects over the next three years and the UAE-based conglomerate has already invested over Rs 20,000 crore in the country, Lulu Chairman Yusuff Ali MA said here on Monday.
Infra.Market acquires majority stake in Strata Geosystems for Rs 910 cr. Infra.Market is a B2B marketplace for construction materials
Google asks Supreme Court to quash Android antitrust directives: Report. In March an Indian tribunal gave partial relief to the Alphabet Inc unit by setting aside four of the 10 directives in the case
Three projects to boost SECL coal production, dispatch in Chhattisgarh. The SECL is procuring over 400 HEMMs that include 261 dumpers with capacity between 60 tonnes to 240 tonnes
Adani Power starts supplying power to Bangladesh from its Jharkhand plant. Adani Power Ltd (APL) has started exporting power to Bangladesh from its 1,600 MW ultra-supercritical power project in Jharkhand. In a regulator filing on Monday, the company said Unit 2 of 800 MW capacity of its 2x800 MW ultra-supercritical power project
L&T Tech Services partners with BSNL for private 5G network deployment. IT company L&T Technology Services on Monday said it has partnered with state-owned Bharat Sanchar Nigam Limited (BSNL) for the deployment of private 5G network for enterprise customers. According to the agreement framework signed by both companies, the sp
Bad weather causes diversion of Air India Delhi-Port Blair flight. More than 150 Air India passengers travelling from Delhi to Port Blair spent a night in the city after their flight was diverted on Sunday due to inclement weather. Air India on Monday said it sincerely regrets the inconvenience caused to the passengers. T
Rau's IAS Study Circle, Seekers Education penalised for misleading ads. Consumer protection regulator CCPA has imposed penalties on Rau's IAS Study Circle and Seekers Education for publishing misleading advertisements, according to a statement by CCPA on Monday. The Central Consumer Protection Authority (CCPA) authority also s
National consumer commission imposes Rs 15 lakh fine on HSBC for negligence. The National Consumer Disputes Redressal Commission has imposed a fine of Rs 15 lakh on the Hongkong and Shanghai Banking Corporation Ltd (HSBC) for negligence and deficiency in service. The top consumer commission was hearing a plea filed by complainants
No subpoena received from the US authorities, clarifies Adani Group. In a late evening statement, the group said it is routine that various regulators seek access to public material in an easy and referenceable manner
With Vedanta JV facing hurdles, Foxconn reaches out to other companies. Foxconn has already held informal discussions with a few companies to explore a potential partnership, including 'two large domestic corporate groups'
Infosys signs 4 mn deal with Danske Bank to boost digital transformation. The deal is valued at 4 million for a period of 5 years with an option to renew for one additional year for a maximum of three times
LTTS, BSNL sign deal to deploy private 5G network for global enterprises. The spectrum will be provided by BSNL using a public land mobile network (PLMN) and isolated allotment. LTTS will deploy equipment, applications, servers, technology and software
Infosys inks 4 mn deal with Danske Bank; to acquire its India IT centre. The deal is estimated at 4 million for a period of 5 years with an option to renew for one additional year for a maximum of three times
NFT startup Tegro raises seed funding from Polygon at valuation of 0 mn. In a press release, the company said that the Tegro exchange enables bulk trading of non-fungible tokens (NFTs) across Ethereum, Polygon, and other EVM-compatible chains
Vodafone Idea in contact with vendors to launch 5G, funding delay a hurdle. Speaking on the current telecom market in the country, VI's chairman Ravinder Takkar said that telecom tariffs remain unsustainable and need to rise significantly for business to thrive
Lulu Group to invest Rs 10,000 cr in India to complete ongoing projects. UAE-based Lulu Group will be investing Rs 10,000 crore in India on various ongoing projects over the next three years and the UAE-based conglomerate has invested over Rs 20,000 crore in the country, Lulu Chairman Yusuff Ali MA said here on Monday. He also
Byju's yet to pay provident fund for several months to many ex-employees. Byju's made contributions for December 2022, January, February and March on June 19 and then too all employees did not receive the payment
TCS enters strategic partnership with Standard Life International DAC. With this partnership, TCS will set up a customer operations centre in Germany and a future-ready life and pensions digital platform for Germany and Austria
Epsilon to establish EV battery component factory in US, sets aside 0 mn. Mumbai-based Epsilon will generate more than 1,500 direct and indirect jobs at this new facility. The facility is expected to be commissioned by 2026
Byju's is not my work; it is my life: Byju Raveendran tells shareholders. Blames delay in reporting financials on auditors, commits to closing FY22 audit by the end of September, and FY23 by the end of December
Pernod Ricard's India head of corporate affairs Yashika Singh quits. Singh, who headed corporate affairs for the Indian market, with focus on regulatory matters, including related to manufacturing and government policy, resigned last week
Meta, CAIT to upskill 1 mn traders on use of WhatsApp Business application. Meta on Monday announced it has partnered with the Confederation of All India Traders to upskill 10 lakh traders on how to use the WhatsApp Business App over the next three years in a bid to reach more customers and scale up their businesses. The owner of
DBS Bank India appoints Rajat Verma as MD, Head of Institutional Banking. Rajat Verma will be taking over from Niraj Mittal, who will take charge as the country head of DBS Bank in Australia
Cleartax forays into crypto tax segment, expects 1 mn filings this year. The online tax filing company has integrated with over 100 crypto exchanges, including Coinbase, CoinDCX, Binance, and WazirX, to provide taxation services at one common platform 'CryptoTax'
Airtel Business announces changes to leadership team; CEO Chitkara quits. Ajay Chitkara, CEO Airtel Business, has decided to move on from Airtel
ICICI Securities surges 10% on buyback plan, valuation hits Rs 20,000 cr. Board to meet on July 29 over proposal; Drone maker Ideaforge Tech's IPO subscribed 3x on heavy retail interest
CIAL posts record profit of Rs 267 cr, declares highest dividend of 35%. The Cochin International Airport Ltd, the first Greenfield airport setup in Public Private Partnership (PPP) model in the civil aviation infrastructure sector in the country, on Monday declared a record net profit of Rs 267.17 crore for the year 2022-23. I
Own ChatGPT skills? Companies may pay up to Rs 1.5 crore to hire you. A survey by ResumeBuilder stated that 91% of companies with job openings are looking for candidates who are skilled in ChatGPT
Iron ore miner NMDC plans mn investment to foray into gold mining. NMDC is "on track" to secure a lease for the Chigargunta-Bisanatham gold block soon, having signed a letter of intent over the project with the state government late last year
Boehringer Ingelheim names Gagandeep Singh as head of India pharma biz. Drug firm Boehringer Ingelheim on Monday said it has appointed Gagandeep Singh as head of the pharma business vertical for the Indian market. The company has appointed Singh as Managing Director and Head of Human Pharma India with effect from July 10. He w
Byju's staff say morale waning amid turmoil amid layoffs at edtech firm. Byju's has already let go of several thousand employees this year due to slowing demand and it is locked in a legal battle with its lenders and faces regulatory scrutiny
WHO investigating more syrups, drug samples; list of alerts may expand. The WHO director-general issued a call to action in January to implore all member states to increase their surveillance and testing efforts because people are 'needlessly being put at risk'
Set to launch state-of-the-art healthcare ecosystem, says Gautam Adani. First project under Rs 60,000 cr CSR corpus
Future Enterprises CoC re-constituted, claims over Rs 12,265 cr admitted. Taking a step forward for debt resolution, the interim resolution professional of debt-ridden Future Enterprises Ltd (FEL) has reconstituted the Committee of Creditors and claims of more than Rs 12,265 crore have been admitted from both secured and unsecur
Dunzo4Business plans to expand into 10-15 new cities in next 18 months. Reliance Retail backed Dunzo's logistics arm Dunzo4Business plans to expand the business to 10-15 cities in the next 12-18 months, a senior company official has said. Dunzo co-founder and Dunzo4Business (D4B) head Dalvir Suri told PTI that the logistics ag
Mercedes-Benz eyes 20% sales from pre-owned segment this year: Official. German luxury carmaker Mercedes-Benz is looking at around 20 per cent of its total sales this year to come from pre-owned car sales despite sourcing of used vehicles remaining a challenge, according to a senior company official. The company's arm Mercedes-
Ashiana Housing's sales bookings jump 2-fold to 1,313 crore in FY23. Realty firm Ashiana Housing has clocked a more than two-fold jump in its sales bookings to Rs 1,313.43 crore in the last fiscal on strong housing demand. Sales bookings of Delhi-based Ashiana Housing, which specialises in senior living, stood at Rs 573.25
GO EC Autotech announces installation of 1,000 EV charging stations. Kerala-based start-up GO EC Autotech Pvt Ltd has announced the installation of 1,000 electric vehicle (EV) super-fast charging stations across the country. The company is currently operating 70 charging stations in Kerala and over 33 across India. "With
Edtech major Byju's tells investors it will file 2022 earnings by Sept. Deloitte said on Thursday it was severing ties with Byju's, one of India's most successful startups, over its "long-delayed" financial statements for the year ended March 2022
Paytm can add 15 mn new customers for soundbox devices in next 2-3 years. Company has first-mover advantage in this space, but the competition is getting aggressive too
Adani eyes Rs 90,000 cr EBITDA in 2-3 yrs on the back of robust biz growth. Embattled Adani group is eyeing a 20 per cent year-on-year growth in pre-tax profits to reach Rs 90,000 crore EBITDA in 2-3 years on the back of robust growth in businesses ranging from airports to energy, according to a company note. Earlier this month, t
Coal India executives' body threaten to hold strike over pay conflict. A body of executives of Coal India Ltd on Sunday threatened to go on a strike unless their pay conflict with non-executive employees is addressed. The Coal Ministry has said it approved a wage revision agreement that was reached with trade unions for non-e
Goldi Solar investing Rs 5k cr to boost module manufacturing capacity: MD. Gujarat-based Goldi Solar is in the process of investing over Rs 5,000 crore to expand its module manufacturing capacity to 6 GW, the company's managing director Ishver Dholakiya said. At present, the company's total module manufacturing capacity is 2.5 GW
Lenders set to clear Rs 400 crore to bring Go First back on runway. Go First plans to operate around 150 daily flights with 22 aircraft. The airline also plans to operate charter flights for defence forces in the initial phase
Addverb's mega robot-making unit in UP touted to power 3,000 jobs. The Rs 200 crore unit has a manufacturing capacity of 100,000 robots a year of different specifications and categories. According to the company, this is a unit where "robots will make robots"
81% of edtech platform users face refund, trust issues: LocalCircles survey. Around 81 per cent of people surveyed have faced issues around fee refund, trust, transparency and others from edtech platforms, according to online survey platform LocalCircles. The survey conducted between February 16 and June 15, 2023, found that 32 per
TCS suspends 4 for violating code of conduct after whistleblower complaint. TCS has suspended four employees for violating its code of conduct, following a whistleblower complaint received earlier this month, sources said on Friday. The Tata Group company, the largest IT services exporter in the country, has also barred an unspeci
Coal Ministry nod to hike in wage of Coal India non-executive employees. The Coal Ministry has said it approved a wage revision agreement that was reached with trade unions for non-executive employees of Coal India Limited. The agreement provides for a 19 per cent of minimum guaranteed benefit from July 1, 2021, on emoluments -
Banks may finance Go First's request for Rs 400 crore interim funding. Go First intends to start operations on July 1 and needs DGCA approval for the restart and sale of tickets
Samunnati eyes more than 50% growth in revenue at Rs 6,600 cr in FY24. Open agri network Samunnati is eyeing over 50 per cent growth in revenue at Rs 6,600 crore in 2023-24, on the back of deepening its reach in both its verticals - agri finance and market linkage businesses, a top company executive said on Saturday. The comp
NHPC to develop 2,000 MW of pumped storage, renewable projects in Odisha. State-owned NHPC Ltd has inked an initial pact with an Odisha state utility to develop 2,000 MW of pumped storage projects and 1,000 MW renewable energy in the state. The MoU signed with GRIDCO Ltd envisages setting up self-identified pumped storage projec
REC to provide Rs 3,045 cr finance to Bangalore Metro Rail Corporation. State-owned REC Ltd will provide finance of Rs 3,045 crore to Bangalore Metro Rail Corporation to develop Phase-II project in Bengaluru. REC approved a proposal in this regard at a board meeting held on Saturday, a company statement said. Phase-II project
Adani stocks tumble on US inquiry concerns; group losses Rs 48k cr in m-cap. During the week, the Adani group lost billion in market cap - most in nearly four months
DRL enters trade generics, aims to be among top five players in market. Exploring strategic collaborations in the country, says pharma firm
Goldman Sachs likely to take big writedown on GreenSky acquisition: Report. Shares of Goldman fell 1.4% in morning trading
Drone manufacturing firm ideaForge raises Rs 255 cr from anchor investors. The company's IPO opens for subscription on Monday. ideaForge is looking to issue new shares worth Rs 240 crore in the IPO, which will also see Rs 327 crore worth of secondary sale
British India Corp employees to get dues from Saturday: Textiles Minister. Disbursement of pending dues of employees at British India Corporation will begin from Saturday, the government said on Friday. Rs 80.17 crore will be disbursed for overdue salaries and retirement benefits, and 1,101 employees of British India Corporation
TPG Capital exits Landmark Cars; sells 11.25% stake for Rs 293 crore. US-based private equity major TPG Capital on Friday sold its entire 11.25 per cent stake in automobile dealership chain Landmark Cars for Rs 293 crore through an open market transaction. With this transaction, TPG has exited the automobile dealership compa
CBIC slaps Rs 942 crore demand notice on HDFC Life Insurance Company. Insurer faces charge of wrongly availing tax credit under GST rules
Cooperating with Oz parliamentary panel on contract probe: Infosys. Follows allegations that former MP helped Synergy 360 and its client, Infosys, win government contracts
Jio Satellite Communications favours auction, Bharti Airtel opposes. Jio Satellite Communications is the only satellite communication firm that has favoured auction for the allocation of spectrum while other players in the segment, including telecom operator Bharti Airtel, have opposed it. Elon Musk-owned SpaceX too has sug
Tata Power installs EV charging stations in West Bengal's Malda. Tata Power on Friday said it has installed public charging stations at a hotel in West Bengal's Malda, taking its total number of such EV mobility infrastructure across the state to over 150. It has installed two EV charging stations with capacities of 30
TCS say no recruitment fraud; issue relates to breach of Code of Conduct. TCS made these clarification to the exchanges in a filing, as media report said that senior executives involved in hiring thousands of personnel took bribes from staffing firms
Prosus, Peak XV Partners, CZI confirm stepping down from Byju's Board. The resignations by the auditor and board members complicate the troubles that the company is facing
Mature start-ups need fully functional boards: Auditing major Deloitte. Deloitte has recommended that a mature start-up should forecast CSR spends depending on profitability, and a CSR policy should be made available on the company website
Adani Group draws regulatory scrutiny in the US after short seller's report. The US Attorney's Office in Brooklyn, has sent inquiries in recent months to institutional investors with large holdings in the India conglomerate, one person familiar with the inquiries said
A hard lesson for Byju's Raveendran amid mass firings, delayed results. The former teacher from the southern state of Kerala got carried away. In 2015, just as a smartphone revolution was about to kick off in India, he launched a learning app
Sebi bars Eros Group entities, MD from securities mkt over irregularities. The SEBI has barred Eros International Media Ltd, Eros Worldwide and Eros Digital from the securities market until further orders
Bribes-for-jobs scam uncovered at TCS, miscreants may have made Rs 100 cr. The bribes-for-job scandal has led to TCS sacking four officials from its resource management group and banning three staffing firms
Will not reach emissions goal with current technologies, says Tata Steel. India's second-largest steel producer is seeking to trim emissions from the current 2.5 tons of carbon dioxide for every ton of the alloy produced to 1.8 tons in 2030
Orxa Energies inaugurates new facility ahead of electric bike launch. The announcement comes ahead of the launch of Mantis, the company's flagship electric performance motorcycle. It is expected to be available for bookings by the end of this year
Intel India chief Nivruti Rai resigns, successor to be announced soon. Releasing a statement at her exit, Intel said that the company is grateful to Nivruti for the tremendous progress Intel India has made under her leadership
BPCL in talks with Rosneft to buy oil priced on Dubai benchmark: Reports. The deal would deepen India's commitment to its now-biggest oil supplier in the wake of Western sanctions on Moscow and mark a continued shift by Rosneft to pricing its oil
CBI registers 2 cases against IL & FS subsidiaries for defrauding banks. The Central Bureau of Investigation (CBI) has registered two separate cases against IL & FS subsidiaries and its directors for allegedly duping banks to the tune of Rs 120.03 crore.The FIR accessed by ANI reads that the general manager of Punjab National B
Reliance Jio in talks to raise about .6 billion for equipment from Nokia. Banks involved in the discussions with billionaire Mukesh Ambani's telecoms company include Citigroup Inc., HSBC Holdings Plc. and JPMorgan Chase & Co., said the people
Adani-EdgeConneX JV enters deal to raise 3 million for two data centres. The framework will finance two data centers with an aggregate capacity of 67 MW including one in Chennai with Phase 1 of 17 MW and another in Noida of 50 MW
Tycoon Shapoor Mistry's firm set to sell India's biggest low-rated bond. The offering comes at a time when investors are turning bullish on India's credit market as a strong economy and improved corporate balance sheets have alleviated concerns
Boeing to invest 0 mn in infrastructure, pilot training in India. This comes on the heels of Air India signing firm orders of over 200 jets earlier this week from Boeing, which include 20 787 Dreamliners, 10 777Xs, and 190 737 MAX narrowbody aircraft
Aurobindo Pharma arm signs pact with Medicines Patent Pool to develop drug. Aurobindo Pharma on Friday said its wholly-owned arm, Eugia Pharma Specialities Ltd has entered into a voluntary sub-licensing agreement with Medicines Patent Pool (MPP) to develop and market an anti-cancer drug. The sub-licensing agreement for Nilotinib c
Corporate Affairs Ministry ordered inspection of Byju's recently: Report. We have not received any such correspondence from MCA regarding this, and are not aware of any such inspection, the spokesperson said in a statement
Govt starts process to fund state refiners' green goals via equity: Reports. The Oil Ministry on Wednesday asked state-controlled Indian Oil Corp and Bharat Petroleum Corp Ltd (BPCL) to launch rights issues
Not aware of any subpoena from US regulators to investors: Adani Group. This comes after Bloomberg reported that US regulators are probing the representations made by Adani Group to American investors after Hindenburg report accused it of manipulating stock prices
Corporate affairs ministry ordered inspection of Byju's last week: Report. The ministry has taken cognisance of various corporate governance lapses at Byju's, the television channel reported
Modi, Biden hail Indian contribution to Fermilab upgrade project. India is supplying components worth USD 140 million to the US Department of Energy's ambitious plans to upgrade the Fermilab accelerator complex to create the most intense high-energy neutrino beams which would help unravel understanding of the evolution o
AdaniConneX raises 3 mn for setting up 2 data centres in Chennai, Noida. Joint venture says Indian and international banks have committed financing for the project
Edtech major Byju's in talks with investors who quit board to reconsider. Byju's investors had in recent months raised concerns with the company's leadership related to audit delays and how it dealt with issues relating to its lenders, one source said
Kotak Investment Advisors invests Rs 732 cr in RattanIndia Power NCDs. The infusion is part of the total investment of Rs 1,125 crore by a consortium of lenders
Repeat incidents in cockpit show pilots not learning: Air India CEO. Airline expects employees to rules, 'keep elevating game': Campbell Wilson
Shiprocket integrates it's app with ONDC to ease seller onboarding. Shiprocket aims to provide a seamless onboarding and post-support experience to sellers on ONDC
Nova IVF Fertility expands footprint with acquisition of WINGS IVF. WINGS IVF was launched in 2014 and since then has established its centres in Gujarat, Rajasthan, Bihar, and Delhi
Troubles mount for Byju's, auditor Deloitte resigns over financial results. Separately, three board members reportedly resign but the company denies this
Applied Materials to invest 0 mn in India for new engineering center. Indian Prime Minister Narendra Modi had met with the company's CEO Gary Dickerson in Washington on Wednesday and invited Applied to strengthen the chip industry in the country
Ashrai Infra to invest Rs 1,284 cr to develop project in Greater Noida. Realty firm Ashrai Infra on Thursday said it will invest Rs 1,284 crore to develop a 25-acre commercial project in Greater Noida (West). The company has launched the project 'Golden Grande' which will have office space as well as high-street retail. "Ashra
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