NSE share market NEWS tomorrow (20 June, 2023). NSE stocks in NEWS (tomorrow)
NSE share market NEWS tomorrow (20 June, 2023). NSE stocks in NEWS (tomorrow) These are NSE stocks which will be in NEWS tomorrow as on 20 June 2023
Hdfc Amc was amongst the top gainers, currently trading at 2104.90 in NSE with 8.935 times change in volumes and 11.226% change in price. Other gainers included Amber Enterprises with 8.112% price change and 57.055 times volumes, Mazagon Dock with 7.286% price change and 1.17 times volumes, Shriram Finance with 6.109% price change and 0.865 times volumes, and Rural Electrification with 3.867% price change and 2.115 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.
Blue Star was amongst the top losers, currently trading at 790.20 in NSE with 4.19 times change in volumes and -48.19% change in price. Other losers included Iifl Holdings with -4.327% price change and 2.138 times volumes, Kalyan Jewellers with -3.726% price change and 0.321 times volumes, Container Corporation with -3.722% price change and 2.219 times volumes, and Max Healthcare with -2.925% price change and 0.942 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.
Infosys, association of tennis professionals launch 'Carbon Tracker'. Infosys solution to enable ATP players to track and mitigate their carbon emissions from travel on the tour
After TPG, Piramal to sell its entire 8.34% stake in Shriram Finance. About 3.1 crore shares worth Rs 4,832 crore have been offered by the company to institutional investors
Vedanta places Thoothukudi's 'restart ready' plans on the fast track. Thoothukudi plant is likely to resume ops if an SC verdict in August goes in the company's favour
Sebi raps Edelweiss Broking for not reporting suspicious activity. The matter is related to dematerialisation and sale of shares in dormant accounts using forged documents by certain entities between 2008 and 2013
CCI approves acquisition of stake by mortgage lender HDFC in 2 insurers. These approvals will help pave the way for the merger of HDFC into HDFC Bank, expected to be finalised by the third quarter of this financial year
Adani Group cos valuation halves against 6% decline for top 500 cos: Report. Adani Total Gas lost 73.8 per cent of its value, Adani Transmission saw a decline of 69.2 per cent, while Adani Green Energy was down by 54.7 per cent
Novo Nordisk to double India manufacturing, bring new drugs by 2025. Plans to bring new drugs by 2025 into the country, which is part of all its global clinical trials
Air India buys 470 aircraft from Airbus, Boeing at Paris air show. The purchase agreements were signed on the sidelines of the ongoing Paris Air Show
Reliance tops Hurun's list of most valuable private sector companies. With a value of Rs 16.3 trillion, Reliance Industries is India's most valuable company, followed by Tata Consultancy Services (TCS) with Rs 11.8 lakh crore and HDFC Bank with Rs 9.4 lakh crore
Time ripe for Airbus, Boeing to plan India factory: Jyotiraditya Scindia. Conditions 'ripe' for leap of faith by both jetmakers as India's fast-growing aeronautical industry reaches 'inflexion point'
New formal job creation at 4-month high in April, shows EPFO data. Of the new subscribers, the share of women saw a marginal increase to 225,395 (26.6 per cent) in April from 190,630 (25.1 per cent) in March
Mumbai-based INVEX Health to soon launch India's first oral HIV self-test. INVEX Health is soon set to launch India's first oral HIV self-test, the company announced on Tuesday
IRDAI moves Supreme Court against SAT's order in Sahara-SBI case. SAT had last week stayed IRDAI's order directing transfer of policy liabilities, entire business as well as well as assets of Sahara to SBI
Pratt & Whitney, Awiros launch AI-based aircraft engine analysis tool. The innovation challenge had seen participation of 60 Indian and global startups in the domain of computer vision, AI and machine learning
KKR to buy up to bln of PayPal's 'buy now-pay later' loans in Europe. Private equity firm KKR has agreed to purchase a substantial portion, or up to 40 billion euros (.71 billion), of payments company PayPal's buy now, pay later (BNPL) loans in Europe
New crypto exchange backed by Citadel Securities, Fidelity goes live. A new crypto exchange backed by firms including Citadel Securities, Fidelity Digital Assets and Charles Schwab Corp. said it's gone live, a move that could reshape the digital-asset landscape
Amazon to overtake Walmart in beauty by 2025, says Morgan Stanley. Morgan Stanley projects that Amazon will become the biggest player in beauty
abrdn Investment exits HDFC Asset Management Company; shares soar 11%. The investment firm sold 21.77 million shares at Rs 1,873 apiece to mop up a total of Rs 4,079 crore.
Rakesh Bhartia withdraws nomination as Fino PB part time chairman. To continue as board member, RBI yet to approve for chairman
Jaguar Land Rover collaborates with Everstream for supply chain monitoring. The integration of AI technology will allow JLR to monitor its supply chain in real-time, enabling proactive measures to tackle potential global supply issues
Reliance Group appoints Parul Sharma as Group President from June 20. The Reliance Group has announced the appointment of Parul Sharma as the Group President with effect from June, 20
Short video app Chingari lays off 20% of workforce amid restructuring. Homegrown short-video making platform Chingari has laid off 20 per cent of its workforce as part of organisational restructuring
Infy co-founder Nandan Nilekani donates .5 mn to alma mater IIT Bombay. Nilekani, who shot to prominence after founding the IT services pioneer Infosys, in 1973 joined what's become known as the country's pre-eminent engineering and technology learning institution
Centre planning to stop subsidies of firms found violating FAME-II norms. Companies may be debarred from availing subsidy under FAME-II and also return the subsidy availed on the sale of vehicles in the last 15 months
'Mid-size IT firms outperform after CEO change more often than large firms'. Our analysis of 13 CEO changes over the past decade shows that midsized IT firms outperform on growth/profitability after a CEO change more often than large IT firms, it added
Pet food start-up Drools raises mn in funding from L Catterton. Infusion amounts to 10% of firm's valuation; Drools currently has 38% market share in Indian pet food market and exports to 22 countries
As Indigo buys 500 aircraft, a look at how carriers finance their wishlist. Before this, Tata Group-owned Air India had placed an order for 470 aircraft
Matter Motor Works partners with Airtel Business for its AERA motorbikes. Airtel IoT to power 300,000 Matter Aera, India's first geared electric motorbike
IIFL Securities to approach SAT against Sebi order on taking up new clients. The statement comes after the capital markets regulator Sebi on Monday barred IIFL Securities from onboarding new clients for two years for alleged mis-utilisation of client funds
WhatsApp introduces feature to silence calls from unknown numbers. Messaging app announces 'privacy checkup' guide for users to improve protection
India centre stage at Paris air show, as AI set to order 470 aircrafts. That deal, sketched in February, was at the time the largest ever announced by number of planes. But it was surpassed on day one of Paris show by rival IndiGo's order for 500 Airbus narrowbody jets
Lupin signs MoU with Maharashtra govt to combat rising prevalence of CVD. Collaboration to enhance healthcare services, ensure timely diagnosis, and improve accessibility of healthcare services
Pidilite to manufacture Litokol and Tenax products from Italy in India. Litokol SPA Italy and Tenax SPA Italy have transferred technology to Pidilite as part of the joint venture
Nandan Nilekani donates Rs 315 cr to IIT Bombay, total support at Rs 400 cr. Nilekani joined IIT Bombay in 1973 to pursue a degree in electrical engineering; latest donation marks golden jubilee of his association with the institute
Spacetech start-up Digantara raises mn in funding for satellite service. Company developing technology infrastructure that enables safe space operations
After Sony's merger plan for India's Zee turns into farce, time to walk. The television market in India is large, but its best days are in the rear-view mirror. So although the Zee network reaches 750 million people, its market share of 16.6% is stagnant
HDFC Ltd inks pact with BPEA EQT-led consortium for 90% stake sale. Mortgage lender HDFC Ltd informed the bourses that it has executed definitive documents for the proposed disinvestment or sale of approximately 90 per cent stake in its education loan subsidiary
Stock broker Upstox records Rs 1,000 cr operating revenue in FY2022-23. Investment platform Upstox (RKSV Securities India Pvt Ltd) has recorded Rs 1,000 crore operating revenue during the last financial year, a top official said here on Monday. The company which has been recording consistent growth over the last three years wo
Coal India OFS for employees to open on June 21; Govt to sell 9.2 mn shares. The government will sell up to 92.44 lakh shares or 0.15 per cent stake in Coal India to its employees at a price of Rs 226.10 a share. "The employee OFS (Offer for Sale) shall remain open from June 21, 2023 to June 23, 2023," Coal India said in a stock ex
Timken Singapore proposes to sell 8.4% stake in Indian unit for 1 mn. HONG KONG (Reuters) - The Singapore-based parent of Timken India has proposed to sell an 8.4% stake in the Indian bearings and power transmission products maker for up to 1 million on June 20, according to the term sheet of the deal, seen by Reuters
India's tax regime complex, throws up 'unexpected surprises': Micron. Micron Technology has urged the central government to reconsider taxation for the electronics sector
Sebi bans IIFL Securities from onboarding new clients for two years. Brokerage was mixing clients' funds with proprietary funds, says Sebi order
IndiGo orders 500 Airbus A320 aircraft; largest order in aviation history. With this new order, since its inception in 2006, IndiGo has ordered a total of 1,330 aircraft with Airbus
Sebi order 'unjustified and unwarranted', Zee Ent argues before SAT. Tribunal adjourns case to June 26
abrdn to sell its entire 10.2% stake in HDFC AMC through block deal. Price band set between Rs 1,800 and Rs 1,892 for Tuesday's block deals
LT Foods is eyeing Rs 11.5K-crore revenue in 5 years: CEO Ritesh Arora. Ritesh Arora, chief executive officer (CEO) - India and Far East Business of LT Foods, said that post-Covid consumers were more health and hygiene conscious
India's largest edtech firm Byju's sacks 1,000 more; count jumps to 3,500. The company, according to the sources, will give two months' salary to those laid off
Tata AIA Life reports multi-fold rise in net income at Rs 506 cr in FY23. Its total renewal premium rose 32 per cent to Rs 11,964 crore year-on-year, and the asset under management grew by 21 per cent to Rs 71,006 crore
SEBI can't afford to be reactive, says order in IIFL Securities matter. SEBI said the notice has violated the provisions of SEBI 1993 Circular in various ways to clearly disregard the basic premise of the said circular both in letter and spirit
Vedanta plans to invest .7 bn in FY24 on growth projects: Anil Agarwal. Sharing details of the company's projects, the chairman said Vedanta is already expanding its aluminium and zinc capacities
Aircraft mega-deals prompt bubble warning from aviation industry veterans. The 500-jet Airbus purchase unveiled by IndiGo extends the backlog at India's largest carrier to about 1,000 undelivered aircraft
IndiGo has flexibility to decide 2035 size, says CEO Pieter Elbers. 'We're securing our future… by placing this order, we have a planning horizon of over 10 years'
ESIC adds 1.79 mn new subscribers in April 2023, says payroll data. Gender-wise analysis of payroll data indicates that enrolment of net female members has been 3.53 lakh in April 2023
Akasa Air in talks for follow-on order for 737 Max single-aisle boeing jets. The US planemaker is working to finalize negotiations as soon as this week at the Paris Air Show, the people said, asking not to be identified as the discussions are confidential
Tata Power mulls to double capex to Rs 12,000 cr, focus on renewables. Based on the performance, directors have recommended a dividend of 200 per cent, which is Rs two per equity share of Rs one, he stated
Largest-ever aviation deal: IndiGo orders 500 Airbus A320 family aircraft. The airline did not place any order for wide-bodied aircraft
Ancient charcoal key to net-zero target set by blue-chip companies. The market for biochar remains small for now, thought it seems poised to soar as more farmers use it as a soil additive and firms seek new ways to meet net-zero targets
Germany, Intel strike bn chip plant deal; bn subsidy on offer. The agreement includes what Intel said was increased government support including incentives, reflecting the expanded scope of the project since it was first announced in March 2022
Financial irregularities, tough market: What went wrong at Mojocare?. In a joint statement, Mojocare's major investors alleged that they have 'uncovered financial irregularities" in the health and wellness start-up
Sumo Logic lays off 79 employees, month after Francisco Partners' takeover. Big data analytics software company Sumo Logic has laid off 79 employees, as job cuts continue in the tech industry worldwide
Vedanta explores refinancing, brand monetisation for timely debt repayments. To ensure enough funds, Vedanta Limited has increased the percentage of royalty from 2 to 3 per cent beginning this year
Kamdhenu Paints targets Rs 1,000 crore revenue by FY28: CMD Satish Agarwal. Kamdhenu Paints is targeting a four-fold jump in its revenues to Rs 1,000 crore over the next three years, its CMD Satish Kumar Agarwal said. In the financial year ended March 31, 2023, the company had earned a revenue of about Rs 251 crore, he told PTI. K
Bookings begin for Maruti Suzuki MPV Invicto at Rs 25,000; launch on July 5. This is Maruti's own version of the Toyota Innova, the best-selling premium multi-purpose vehicle (MPV) in the country
Google-backed Adda247 acquires Veeksha to give 3D experiences to students. Veeksha creates immersive 3D Mathematics and Science content for new-age learners who prefer learning on digital devices
Grasim, Lubrizol to begin work on Vilayat CPVC resin plant by end of 2023. On October 30, 2020, the two companies announced the plans to launch the initial phase of the plant in 2022, but it was postponed due to the coronavirus pandemic
Chemical firm Lubrizol to invest 0 mn to build CPVC resin plant in Guj. US-based specialty chemical company Lubrizol Corporation on Monday announced investment commitments of over USD 150 million across several projects in its portfolio in the country. The proposed investment will go into building the world's largest CPVC resi
HPCL to open vehicle service centres in India with Saudi Arabia's Petromin. HPCL's co-branded service centres will be located at its select retail outlets in metros and other major cities across India
IIT Madras raises Rs 231 cr in funding from alumni, firms, donors in FY23. Donations help premier institute to build 'Centres of Excellence' and provide scholarships and fellowships
Pharma major Lupin gets establishment inspection report from USFDA. Lupin Limited received an inspection classification of "No Action Indicated" (NAI) after the inspection, which was conducted between March 6 to March 10
Reliance Industries resumes vessel operations at Sikka port in Gujarat. Several ports in Gujarat had suspended cargo operations last week due to unsafe weather conditions at sea
Consumer Forum asks Raheja Developers to pay full deposit with compensation. The forum ordered that the complainant be refunded Rs 28,68,483 with 9% interest per annum from the date of deposit and along with a compensation of Rs 1 lakh and Rs 55,000 as litigation expenses
Ashiana Housing to invest Rs 275 cr to develop project for senior citizens. Realty firm Ashiana Housing will invest Rs 275 crore to develop a housing project in Pune for senior citizens. The Delhi-based company said in a statement that it has launched a joint venture project, Ashiana Amodh Senior Living at Talegaon in Pune. The pr
Adani Transmission gets shareholders' nod to raise up to Rs 8,500 crore. According to the company's BSE filing, 98.64 per cent votes were polled in favour of the resolution
Havells clarifies after CMD's Rs 28 cr salary questioned by shareholders. According to a regulatory filing by the company, the shareholders had sought clarification at the upcoming AGM of the company on June 27, 2023
Over 1 mn dropped from Medicaid as US start post-pandemic purge of rolls. More than 1 million people have been dropped from Medicaid in the past couple months as some states moved swiftly to halt health care coverage following the end of the coronavirus pandemic. Most got dropped for not filling out paperwork. Though the eligibi
Indian army receives its first Mahindra Armado; all you need to know. Given its design and build, it can operate effectively in tough terrains like open fields or even in deserts
Urban Company to have 30% women in leadership, senior roles by 2025. In 2022, the company invested Rs 72 crore in training and upskilling its partners
Vendanta Group to leverage startups' tech under pact with Meity-Nasscom. Conglomerate Vendanta Group plans to leverage technologies developed by startups under a partnership with Meity-Nascomm Centre of Excellence, a joint statement said on Monday. Vendanta Group's corporate innovation, accelerator and ventures programme Vedant
Sun Life Financial's GCC to hire 1,000 people in India in two years. Hiring comes at a time when GCCs in India expanding. According to the latest Nasscom-Zinnov report, India had 1,580 unique GCCs as of FY23
Zydus Lifesciences gets USFDA nod for generic acne-treating drug. Zydus Lifesciences on Monday said it has received final approval from the US health regulator for its generic antibiotic Minocycline Hydrochloride extended-release tablets used for treatment of moderate to severe acne. The approval granted by the US Food a
Not so forthcoming: Why doesn't Adani disclose potential conflicts?. A short-seller attack earlier this year on the Adani Group had focused on a different family member. New York-based Hindenburg Research had gone after tycoon Gautam Adani's older brother, Vinod
India exported smartphones worth Rs 12,000 cr in May; 80% were iPhones. Apple accounts for 80% of all smartphone exports from India. The rest 20% is shared by Samsung and some other brands
Largest Indian order: Indigo likely to place an order for 500 planes today. The value of IndiGo's order, at the list price of the A320Neo family aircraft, will be around 0 billion
Skipper bags power transmission project orders worth Rs 1,135 crore. Leading manufacturer of power transmission and distribution structures Skipper Ltd on Saturday said it has secured cumulative orders worth Rs 1,135 crore for the design, supply, and construction of new transmission line projects for Powergrid Corporation o
Adani Ent likely to challenge IRCTC's monopoly in online ticket booking biz. The company in a BSE filing said that the share purchase agreement has been signed for a 100 per cent acquisition in the Stark Enterprises, which is an online train booking and information platform
Patanjali Foods earmarks capex of up to Rs 1,500 cr in 5 yrs: CEO Asthana. Patanjali Foods Ltd plans to invest up to Rs 1,500 crore in the next five years on capital expenditure, mostly for scaling up its palm oil business, according to company CEO Sanjeev Asthana. The company (formerly Ruchi Soya Industries) has set a target of
Sebi justifies 'urgent action' against Zee Entertainment in 197-page reply. In affidavit to SAT, regulator says move taken to safeguard management, protect investors and stakeholders
OTT emerged as biggest medium, bridged geographical barriers: Anurag Thakur. Union Information and Broadcasting Anurag Thakur said OTT, which emerged as one of the biggest mediums during the COVID-19 time, has bridged the geographical barriers. He said with the vanishing of boundary in OTT, the possibility of content from across th
Kia to launch all-electric EV9 SUV that gives 501 kms on single charge. Kia, South Korea's second-biggest carmaker, said on Sunday it will launch its all-electric EV9 flagship SUV in the domestic market this week as part of its electrification efforts
Bharat Petroleum exercises RoFR to buy Videocon Oil's Brazil assets. Earlier, lenders had given conditional nod to sell 3 basins to Eneva, PetroRio
Tata Steel plans Rs 16,000 cr capex in FY24 for domestic, global operations. Industry giant Tata Steel is planning a consolidated capital expenditure (capex) of Rs 16,000 crore for its domestic and global operations during the current financial year, according to its top management. Of the planned amount, Tata Steel has earmarked R
Govt to invite bids for privatising NMDC after commissioning blast furnace. The government is likely to invite financial bids for privatising NMDC Steel only after the commissioning of the blast furnace at the company's steel plant in Chhattisgarh, according to officials. Officials expect the value of the company to go up once the
'73% respondents on Trai's consultation paper seek satcom allocation'. About three-fourth respondents including Starlink, Amazon, OneWeb have advocated for allocation of satellite communication spectrum through an administrative process and not through auction, according to space sector industry body ISpA. On Trai's consultat
Apply for visa as early as possible to avoid shady agents: VFS Global. The case of hundreds of Indian students in Canada facing deportation has once again brought into the spotlight the role of shady visa agents and operators issuing fake visa papers
Shriram Properties to invest Rs 750 cr on construction of housing projects. Shriram Properties will invest around Rs 750 crore this fiscal on construction of its ongoing and new residential projects as it looks to scale up business amid strong housing demand, its CMD M Murali said. Bengaluru-based Shriram Properties had spent Rs 5
The Fern Hotels to add 1,000 additional rooms spanning 13 hotels: Suhail. The Fern Hotels & Resorts will be adding 1,000 more rooms spanning 13 hotels this fiscal, most of which will come up in the East and Northeastern markets, as the group seeks geographical diversification. The city-based hotel chain, which follows an asset-l
Reliance may earn -15 billion revenue from new energy biz by 2030. Billionaire Mukesh Ambani's Reliance Industries may by 2030 earn USD 10-15 billion from its new energy business spanning solar to hydrogen but will need acquisitions or partnerships to make up for limited expertise in technology, said a report by Sanford C
Physics Wallah to acquire 50% stake in Xylem for Rs 500 cr in 3 years. Unicorn edtech firm Physics Wallah has entered into a strategic partnership with Kerala-based edtech firm Xylem Learning, under which it plans to invest Rs 500 crore over a period of next three years, the company said on Sunday. The partnership is aimed to
Axtria plans to expand India operations, hire more than 1,000 techies. IT company Axtria Inc, which focuses on the life sciences industry, has plans to hire over 1,000 people in data science, software development, and data engineering in the next eight months, the company said on Sunday. The company is hiring for its offices
Sebi calls for urgent action against Zee promoters in its reply to SAT. Market regulator Sebi in its reply to the Securities and Appellate Tribunal (SAT) on the Zee Entertainment Enterprises Ltd's plea has called for urgent action against the promoters in the alleged fund diversion case to safeguard the management, investors a
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