NSE share market NEWS tomorrow (15 June, 2023). NSE stocks in NEWS (tomorrow)
NSE share market NEWS tomorrow (15 June, 2023). NSE stocks in NEWS (tomorrow) These are NSE stocks which will be in NEWS tomorrow as on 15 June 2023
Avenue Supermarts was amongst the top gainers, currently trading at 3917.70 in NSE with 3.081 times change in volumes and 5.745% change in price. Other gainers included Tube Invest with 5.091% price change and 3.455 times volumes, Kei Industries with 4.844% price change and 0.437 times volumes, Dixon Techno with 4.663% price change and 1.32 times volumes, and Fortis Healthcare with 4.26% price change and 1.95 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.
Varun Beverages was amongst the top losers, currently trading at 827.20 in NSE with 1.846 times change in volumes and -48.78% change in price. Other losers included Prestige Estates with -4.516% price change and 0.483 times volumes, Rbl Bank with -3.865% price change and 1.877 times volumes, Hero Motocorp with -3.021% price change and 3.121 times volumes, and Apl Apollo with -2.768% price change and 0.653 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.
Glenmark Pharma slashes price of breast cancer drug Trastuzumab. Glenmark Pharmaceuticals Ltd on Thursday said it has slashed the price of breast cancer drug Trastuzumab by bringing its brand Trumab at Rs 15,749 for a 440 mg vial from Rs 54,000 earlier. Trastuzumab is used in the treatment of a particular type of breast
HCLTech, Microsoft expand partnership for adoption of generative AI. HCLTech is committed to developing skills in AI across the entire business and is working with Microsoft to offer a comprehensive skills development programme
TVS Motor Company sells entire 43.54% stake in Emerald Haven Realty. Indian Navy partners with TVS Motor Company as part of its 'Azadi Ka Amrit Mahotsav' celebrations
Samvardhana Motherson Int'l to buy Cirma Entreprise SAS for 7.2 mn euros. Auto components maker Samvardhana Motherson International Ltd on Thursday said its arm Samvardhana Motherson Automotive Systems Group BV will fully acquire French entity Cirma Entreprise SAS at an enterprise value of 7.2 million euros (nearly Rs 65 crore).
ONGC signs pact with IndianOil to explore opportunity in petrochemicals biz. India's top oil and natural gas producer ONGC has signed a pact with the nation's largest oil refining and fuel marketing company Indian Oil Corporation (IOC) for exploring opportunities in the petrochemicals business. Oil and Natural Gas Corporation (ONGC
Kesoram plans to infuse fresh capital of Rs 60 crore for Cygnet turnaround. Kesoram Industries Ltd is planning to infuse fresh capital of Rs 60 crore for the turnaround of Cygnet Industries Ltd, its wholly owned subsidiary, to transform it into a leading global supplier of cellulose transparent paper, a senior company official sa
Lenskart raises 0 mn from ChrysCapital, plans global expansion. Eyewear company's .2 bn valuation is unchanged from last year's funding round: Sources
Go First hopes to resume ops by month-end, restores 94% of daily flights. The carrier is also waiting for creditors to approve additional funding, the person said, declining to specify the amount of investment needed
boAt logs Rs 4,000 cr in net sales, makes 15 mn products in India in FY23. Leading audio and wearables brand boAt on Thursday said it registered Rs 4,000 crore in net sales in FY23
Meta expands 'performance bonuses' on Facebook for creators to earn more. Meta has introduced extra bonuses for creators to earn more in its 'Performance bonus programme' that rewards creators for garnering strong engagement with their content on Facebook
Vistara expands codeshare partnership with European airline Lufthansa. Tata Group and Singapore Airlines-operated full-service carrier Vistara on Thursday said it has expanded its codeshare partnership with European airline Lufthansa. The pact will allow enhanced connectivity to Vistara customers while travelling across Europ
Sanjay Kumar takes over as new director for marketing in GAIL India. Sanjay Kumar on Thursday took over as the new director for marketing in state gas utility GAIL (India) Ltd, the firm said. Prior to his new role, Kumar was the Managing Director of Indraprastha Gas Limited, the largest CNG distribution company in India, si
Asset under management may cross Rs 10 trillion by Sept: PFRDA chairman. The AUM under pension schemes is expected to cross the landmark figure of Rs 10 lakh crore in the first half of this fiscal, helped by regular contributions from subscribers, PFRDA Chairman Deepak Mohanty has said. As per the latest figure, assets under ma
IndiGo aircraft suffers tail strike while landing at Ahmedabad airport. An IndiGo aircraft operating its Bengaluru-Ahmedabad flight suffered a tail strike while landing at Ahmedabad airport on Thursday -- second such incident in the last five days, a DGCA official said. The Directorate General Civil Aviation has ordered the gr
Coal India to come under Competition Act purview, says Supreme Court. This will mean the Act will apply to public sector undertakings and private enterprises alike
Sebi notifies disclosure rules; asks cos to confirm or deny market rumour. To streamline the disclosure requirements, Sebi has notified rules asking the top 100 listed companies by market capitalisation to confirm, deny or clarify any market rumour reported in the mainstream media from October 1. Further, for the top 250 listed e
Tata Motors shows interest in green technology project in Jharkhand. Tata Motors has evinced interest in the expansion of new green technology project in Jharkhand including manufacturing of hydrogen engine-powered vehicles and electric vehicles. Senior officials of Tata Motors, Tata Steel and Tata Cummins held a meeting wi
Avaada Energy bags 400 MW solar project from Gujarat Urja Vikas Nigam. Avaada Energy on Thursday said it has bagged a 400 MW solar project from Gujarat Urja Vikas Nigam Ltd. The company did not disclose the financial details of the project. "Avaada Energy, an arm of Avaada Group India's leading integrated energy group with b
Audio brand boAt scales up to Rs 4,0000 crore in net sales for FY 2022-23. The company said it is well positioned and capitalized to continue to make aggressive investments in establishing itself as a leading wearables brand in the country
Talks fail, Jalan-owned Carbon Resources sells stake in McLeod Russel. Jalans' cost of acquiring 5.03 per cent was about Rs 15 crore and they realized about Rs 11 crore from the sale
NCLT approves appointment of Ajmera as Resolution Professional of Go First. The Insolvency Tribunal NCLT on Thursday approved the decision of lenders of Go First to appoint Shailendra Ajmera as the Resolution Professional of the company. The tribunal also directed him to file a reply within a week over the lessors' plea seeking th
NCLT approves Ace Infracity resolution plan for debt-ridden 3C Homes. The NCLT has approved the resolution plan by Ace Infracity Developers for the debt-ridden 3C Homes. The NCLT bench observed the resolution plan submitted by Ace Infracity Developers has been approved by the Committee of Creditors (CoC) with 100 per cent vo
Andhra govt orders CID to attach Rs 242 cr assets of Margararsi Chit Fund. The Andhra Pradesh government directed the CID to attach the movable properties worth Rs 242 crore of Margadarsi Chit Fund Private Limited (MCFPL), promoted by media baron Ramoji Rao
TikTok plans to fuel e-commerce business with billions in investment. TikTok is planning to pour billions of dollars in Southeast Asia over the next few years, aiming to drive growth in one of its biggest markets amid heightened scrutiny in the US. The company's CEO, Shou Zi Chew, made the announcement on Thursday during a s
IHCL partners with Tata Strive to set up skill centre in Rajasthan. Indian Hotels Company (IHCL) on Thursday said it has partnered with Tata Strive, a skill development initiative of Tata Trust, to set up a hospitality-focused skill centre at Umaid Bhawan Palace in Jodhpur, Rajasthan. "Rajasthan has a very strong growth po
Glenmark Pharma slashes price of breast cancer drug Trastuzumab. Glenmark Pharmaceuticals Ltd on Thursday said it has slashed the price of breast cancer drug Trastuzumab by bringing its brand Trumab at Rs 15,749 for a 440 mg vial from Rs 54,000 earlier. Trastuzumab is used in the treatment of a particular type of breast
Bain Capital sells 0.7% stake in Axis Bank via open market transactions. US-based private equity major Bain Capital on Thursday offloaded a 0.7 per cent stake in private sector lender Axis Bank for Rs 2,178 crore through open market transactions. Bain Capital through its affiliates -- BC Asia Investments III, BC Asia Investment
Microblogging site Koo launches premium feature to start monetising content. With Koo Premium, creators will have the option to offer exclusive content to their subscribers in exchange for a weekly or monthly subscription fee
MEIL group company bags Rs 500 crore order from defence ministry. IComm, a group company of Megha Engineering & Infrastructures Ltd (MEIL), has bagged a Rs 500 crore order from the Ministry of Defence. "The Ministry of Defence (MoD) on Thursday inked a contract with ICOMM Tele Limited for the procurement of 1,035 of 5/7
SoftBank-backed Unicommerce expands ops in Middle East, Southeast Asia. The e-commerce tech firm has reported a 200 per cent year-over-year revenue growth in its international business during FY 2023
ITC's FMCG revenue up 20% in FY23 as it aims to de-risk from tobacco biz. ITC's revenue growth is impressive as compared to 9 per cent in FY22 and 11 per cent in FY21
India's newest airline Akasa Air looking to raise -100 mn for expansion. To raise the money, Akasa Air has approached potential investors which include PE firms and high-net-worth individuals
PE player ChrysCapital invests 0 million in eyewear brand Lenskart. The latest investment brings Lenskart's total capital infusion to nearly 0 million within the past year
PNB, LIC, SBI and BoB looking to seek formal bids for stake sale in UTI AMC. These entities have already appointed merchant bankers to initiate the sale process in UTI AMC
As work-from-office resumes, TCS employees get less time to upgrade skills. Average learning hours fell from 121 in Financial Year 2021-22 (FY22) to 82 in FY23, according to TCS' annual report
Tata Steel, Germany's SMS group to explore low carbon steel-making tech. Tata Steel has partnered with Germany's SMS group to explore development of low carbon steel making process. As part of the MoU, both companies shall undertake further technical discussions and initiate actions for conducting Joint Industrial Demonstration
Parts of NCLAT's Rs 1,338 cr fine order on Google challenged by CCI in SC. NCLAT has upheld the Rs 1,338 crore fine on Google for allegedly abusing its position in the android ecosystem
5G adoption to unlock wealth of opportunities for India's tech talent pool. A significant percentage of companies in India believe the advent of 5G will herald a transformative era in the world of work, unlocking a wealth of opportunities for India's tech talent pool, says a report. According to the report by staffing company Team
Maruti sitting on 100,000 plus pending deliveries as MPV market expands. The challenge is more pronounced for the CNG variants of these vehicles
Open challenge to OpenAI, Google: Zoho working to build its own AI model. Zoho's announcement to develop its own LLMs comes after OpenAI founder and CEO Sam Altman said that it would be "hopeless" for an Indian startup with million in funding to build foundational LLM
Inkle launches new platform for cross-border payments for startups. Customers will be charged a fixed markup of up to 0.50% on the mid-market forex rate on their transactions
SAT gives no immediate relief to Zee promoters, refuses to stay Sebi order. Tribunal asks markets regulator to file reply within 48 hour, posts matter for June 19
Ashok Leyland, Aidrivers to make autonomous truck model for port operations. Companies says first such electric platform in country will help port industry in zero emission
Corporate affairs ministry orders investigation into Hero MotoCorp. Shares of Hero were down as much as 4.2% in Thursday afternoon trade
Videotex aims for Rs 500 cr in revenue by March 2024; to expand production. Consumer electronics contract manufacturer Videotex on Thursday said it aims to achieve Rs 500 crore in revenue by the end of ongoing fiscal year.
Hindustan Power Exchange crosses 5 bn units trade in 11 months of launch. Hindustan Power Exchange (HPX) on Thursday announced that its has crossed the milestone of five Billion Units (BU) of power traded within 11 months of its launch. HPX was able to cross this landmark amid a rapid increase in trading volume across contingenc
Titagarh Rail Systems-Bhel consortium bags contract from Indian Railways. TRSL, Bhel consortium inks a contract with Indian Railways for manufacturing 80 Vande Bharat sleeper train sets by 2029
Indian firms spent Rs 370 cr avg on public cloud in last 12 months: Report. As cloud-native environments scale, enterprises are looking to base their cloud strategies on cloud-native technologies rather than viewing them as separate plans
Godrej Properties to buy land for a luxury residential project in Kolkata. The project will have a developable potential of approximately 9.8 lakh square feet with an estimated revenue potential of nearly Rs 1,200 crore
Reliance in talks with lenders for billion loan to fuel expansion. Ambani is raising funds as he continues to build out the telecoms and consumer-facing arms of an empire based on a bedrock of crude-oil refining
Jindal Stainless ropes in Dassault Systemes to manage operational functions. Jindal Stainless Ltd (JSL) on Thursday said it has roped in Germany-based Dassault Systemes to manage "end-to-end" production and operational functions at its Hisar and Jajpur units. The deal was signed between JSL Managing Director Abhyuday Jindal and Eri
Supertech to raise Rs 1,600 cr by to complete 18 housing projects: Chairman. Realty firm Supertech Ltd plans to raise around Rs 1,600 crore from institutional investors by July to complete its 18 ongoing housing projects across Delhi-NCR, its Chairman RK Arora said. The company has signed a term sheet with investors to raise this i
Flipkart, PhonePe could be 0 bn businesses in India, says Walmart. Flipkart was valued at more than billion in 2022 and counts itself among India's most valuable startups
Zoho freezes hiring, selective recruitment for customer-facing roles. Amid global macro headwinds, Zoho on Wednesday said it has decided against layoffs but will adopt a prudent approach involving a hiring freeze for engineering roles and pruning marketing spending, although selective recruitment for customer-facing roles wi
RedBus partners MakeMyTrip to conduct free eye screening for 4k bus drivers. redBus, Indias largest online bus ticketing platform, has screened 4,000 bus drivers across India, for vision and other health issues associated with the onset of diabetes
SJVN partners Mahagenco for 5,000 MW green energy projects in Maharashtra. SJVN on Wednesday signed an agreement with Mahagenco to develop renewable energy projects with a total capacity of 5,000 megawatts (MW) in Maharashtra. The MoU was signed by SJVN Director (Personnel) Geeta Kapur and Mahagenco CMD P Anablagan in the presenc
Renault India achieves 1 mn production milestone, targets 2-mn mark by 2030. French automaker's alliance with Renault SA plans to invest Rs 5,300 cr in India
Kesoram working on a two-pronged strategy to return to black in 18 months. In FY23, Kesoram posted a net loss of Rs 115.67 crore on a standalone basis
VP Madhav Sheth bids goodbye to tech brand Realme after 5 years stint. Madhav Sheth, VP for Business and Corporate Strategy (Global) at realme, on Wednesday bid goodbye to the leading technology brand after five years to start a new journey
US PE firm Bain Capital plans to sell 7 mn stake in Axis Bank: Report. The stake sale would likely be at an offer price range of 964.00 rupees to 977.70 rupees per share, the report added
Automobile maker Mahindra & Mahindra launches SUV XUV700 in Australia. Mahindra & Mahindra Ltd on Wednesday said it has launched its flagship SUV XUV700 in Australia. Given the strategic importance of the market, the introduction of the XUV700 in Australia marks the company's ambitious global expansion strategy and signifies
COAI re-elects Jio's PK Mittal as chairperson, VIL's Balaji as vice-chair. Reliance Jio Infocomm President and former DoT official Pramod Kumar Mittal has been re-elected as chairperson of the Cellular Operators Association of India for 2023-24, the industry body said on Wednesday. Vodafone Idea Chief Regulatory and Corporate Aff
Indian Oil Corp to set up aviation fuel plant with LanzaJet in Haryana. The company is looking at an investment of about 23 billion rupees (0.1 million), S.M. Vaidya said on the sidelines of an industry event in New Delhi
HCLTech to train 18,000 experts on Google Cloud generative AI capabilities. As part of this expanded partnership, HCLTech will train more than 18,000 people on Google Cloud generative AI technologies and innovate new solutions
Dating app happn undergoes rebranding; looks at doubling user base in India. With a total user membership of 135 million globally, the dating app also announced its shift from just being a dating app to a social networking app
Lenovo to invest billion over three years to advance AI infra solutions. This announcement marks Lenovo's largest AI infrastructure investment in history
Tata Steel inks deal to cut carbon emissions with Germany's SMS group. The objective of the demonstration will be to reduce carbon dioxide emissions by more than 50% from the blast furnace's baseline operation, it added
We continue to maintain an open-door policy for partners: Urban Company. The firm also disbursed stock options worth Rs 5.3 crore to about 500 partners as part of the Partner Stock Option Plan initiative towards wealth creation commitment
SmallCap World Fund offloads 1.6% stake in Aavas Financiers for Rs 173 cr. SmallCap World Fund on Wednesday sold a 1.6 per cent stake in Aavas Financiers for Rs 173 crore through an open market transaction. According to the bulk deal data available with the BSE, SmallCap World Fund Inc offloaded more than 12.84 lakh shares, amoun
Apple's racial equity, justice initiative surpasses 0 mn in investments. Apple said that its Racial Equity and Justice Initiative has surpassed 0 million in investments, supporting education, economic empowerment, and criminal justice reform work in five countries
Maintaining its small-car dominance, Maruti leads mid-size PV sales in FY23. Maruti launched several vehicles in this segment last year. It now has popular offerings like the Grand Vitara, Brezza, and XL6 in its product lineup catering to this market segment
Sajjan Jindal may acquire 48% stake in MG Motor India, govt onboard. When concluded, the deal will leave at least 51 per cent stake of the company in Indian hands
Apple may shift 18% of iPhone production in India by FY25: Bank of America. A report released by BofA said that the share of India in iPhone manufacturing may even go higher if Apple's vendors expand here
Open to resolving disputes; won't do one-on-one meetings: Lenders to Byju's. Byju's recently filed a suit against US-based investment mgt firm Redwood to challenge the acceleration of the .2-bn term loan B facility, and disqualify the lender for its 'predatory tactics'
State-owned BSNL behind private telecom firms in rural, urban markets. In March 2020, BSNL had a rural market share of over 7% with a subscriber base of 37 million; Jio and Airtel had a market share of nearly 34% each during the same period
YouTube lowering eligibility requirements for monetisation programme. Video-sharing platform YouTube has announced that it is lowering the eligibility requirements for the YouTube Partner Program (YPP) and also introduced a few monetisation methods
Darrell steps down as Logitech CEO, Gecht to take over as interim CEO. Swiss tech firm Logitech has announced that Bracken Darrell, president and chief executive officer (CEO), will be departing the company to pursue another opportunity
Vedanta may successfully handle its debt in the next 12 months: Report. CreditSights report states that the current methods of refinancing and other potential strategies may help the mining tycoon "successfully" service its debt maturities
Ten Sports sale to Sony: I-T dept to appeal ITAT's capital gains tax ruling. The Income Tax Appellate Tribunal (ITAT) had claimed that the IT's contribution to play-out facilities was an afterthought
Everest Fleet raises mn led by Uber, to expand operations, supply pool. Fleet management company Everest Fleet on Wednesday said it has closed a million funding round led by Uber
RBI rejects Akash Suri's appointment as CEO of JC Flowers Yes Bank: Report. In a major setback to Yes Bank, sources close to developments have revealed that the Reserve Bank of India (RBI) has rejected the appointment of Akash Suri as the CEO of the JC Flowers Yes Bank ARC
Ramkrishna Forgings bags contract in Europe worth 4.5 million euros. Ramkrishna Forgings has bagged an order from a prominent passenger rail coach manufacturer in Europe. The contract is valued at 4.5 million euros and is set to be fulfilled within a span of two years, the company said in a regulatory statement. "Ramkrishna
Jettwings, new regional airline for northeast states, plans takeoff in Oct. Promoters plan Rs 100-cr investment in new service, say flights will provide better legroom and dynamic fares
More HUL managers become crorepatis this year, no salary jump for CEO. Approximately 205 managers at HUL received an annual income surpassing Rs 1 crore, compared to 153 managers in the previous financial year
Everest Fleet raises mn to build capacity in Uber-led funding round. Firm operates in shared mobility space, is a partner to top ridesharing companies such as Uber and Ola, plans to add 10,000 EVs to existing fleet
EVs to play significant role in closing on record sales this year: Volvo MD. Swedish luxury carmaker Volvo Cars expects electric cars to play a significant role in its bid to close in on record sales in India this year, a senior company official said on Wednesday. The company unveiled its all-electric SUV C40 Recharge in India, whi
JioCinema resumes digital innings with India's tour of West Indies 2023. The all-format bilateral tour starts July 12 with the first Test in Dominica followed by the second in Trinidad
Zoho logs over 65% CAGR upmarket growth in India's enterprise segment. Zoho is privately held and profitable with more than 12,000 employees
Sequoia's Roelof Botha sees more flexible Indian ops from three-way split. Says since each business has evolved to meet opportunities in its market across sectors, using centralised back-office functions has become more of a hindrance than an advantage
Toyota plans EV with 1,200-km range that fully charges in 10 mins. The batteries will deliver quicker charging and around 1,000 km (620 miles) of range, putting Toyota's vehicles ahead of the competition
Ipca shares drop nearly 3% after USFDA's 11 observations about MP facility. Company says it takes quality and compliance issues with 'utmost importance'
NCLT to hear second plea of Aircastle against Spicejet on June 17. The NCLT on Tuesday asked Aircastle's counsel to explain how the second plea was maintainable against the same defaulter(SpiceJet)
Demand for custom AI chatbots leads to hiring push at Happiest Minds Tech. The firm, which gets its revenue from helping companies digitize their services, is building tools that run on top of ChatGPT, customized to its clients' needs, he said
3I Infotech's unit signs MoU with SRM Valliammai Engineering College. The collaboration will foster a mutually beneficial relationship for both the partners through promoting knowledge exchange, research opportunities, and academic growth
16 people injured after steam leak at Tata Steel's power plant in Odisha. One person critical; injury victims shifted to Cuttack city: company statement
Aviom Housing Finance raises mn from Nuveen to expand mkt reach. Aviom India Housing Finance on Tuesday announced a USD 30 million fundraise from global investment management firm Nuveen in a new funding round. The New Delhi-based company will be deploying the fresh funds to expand its market reach and further strengthe
IndiGo gets DGCA nod to operate flight services to Nairobi in Kenya. Aviation safety regulator DGCA has granted permission to no-frills airline IndiGo to operate its flight services to Nairobi in Kenya, a DGCA official said on Tuesday. This would be the Gurugram-based airline's first foray into the vast African region. Indi
L&T signs 'significant' contract for hydrocarbon biz from foreign client. LTEH offers integrated design-to-build solutions across the hydrocarbon sector to domestic and international customers, said the company
Reliance may earn -15 bn revenue from new energy biz by 2030: Bernstein. Reliance has committed to being net zero by 2035, which is earlier than any other energy company in the region
Accenture to invest bn in Data, AI to accelerate clients' reinvention. Global IT services firm Accenture on Tuesday announced a billion investment over three years in its Data & AI practice to help clients across all industries rapidly and responsibly advance and use AI to achieve greater growth, efficiency, and resilience
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