NSE share market NEWS tomorrow (14 June, 2023). NSE stocks in NEWS (tomorrow)
NSE share market NEWS tomorrow (14 June, 2023). NSE stocks in NEWS (tomorrow) These are NSE stocks which will be in NEWS tomorrow as on 14 June 2023
Mankind Pharma was amongst the top gainers, currently trading at 1620.75 in NSE with 2.595 times change in volumes and 6.544% change in price. Other gainers included Inox Wind with 5.941% price change and 0.886 times volumes, Tata Consumer with 5.196% price change and 2.837 times volumes, Kei Industries with 4.806% price change and 6.641 times volumes, and Apl Apollo with 4.286% price change and 1.093 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.
Kpit Technologies was amongst the top losers, currently trading at 1039.70 in NSE with 2.55 times change in volumes and -4.855% change in price. Other losers included Suzlon Energy with -4.636% price change and 0.569 times volumes, Macrotech Developers with -4.392% price change and 1.371 times volumes, Kaynes Technology with -3.924% price change and 2.841 times volumes, and Sona Blw with -3.738% price change and 2.212 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.
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
Fear of failure? Firms let IPO nods lapse on pricing mismatch, volatility. So far this year , 23 companies have decided to shelve public offers
HFCL bags order worth Rs 80 crore from Delhi Metro Rail Corporation. Telecom gear maker HFCL Limited on Tuesday announced it has bagged an order worth Rs 80.92 crore from Delhi Metro Rail Corporation (DMRC). HFCL will set up Fibre Optics Transmission System (FOTS) for Delhi Metro Rail Project, according to a statement. "The
With 'Invicto', Maruti set to drive into Rs 20+ lakh segment for first time. New MPV, to be launched next month, will be sister model of Toyota's Hycross
Sebi to auction Arise Bhoomi Developers' assets to recover investors' money. Capital markets regulator Sebi on Tuesday said it will auction 11 properties of Arise Bhoomi Developers and its directors on July 14 for a reserve price of over Rs 43 crore to recover investors' money. The properties that have been put on sale include land
RJio has edge over Airtel in deploying FWA 5G tech to enter homes: Report. Leading telecom players are likely to use FWA technology to enter Indian homes first and thereafter upgrade to fibre once it is available, and Reliance Jio may have an edge in FWA deployment
Accenture plans to pump in billion for data and AI in three years. India will be crucial part of the plan, since it is one of the largest delivery centres of the company
Sony likely to seek forensic audit of Zee Entertainment, say lawyers. The Sebi also barred Zee founder Subhash Chandra and its Chief Executive Officer (CEO) Puneet Goenka from holding any position as director
Subhash Chandra, ZEEL MD & CEO move SAT to challenge Sebi's order. Essel Group chairman Subhash Chandra and Zee Entertainment Enterprises Ltd MD and CEO Punit Goenka have moved the Securities Appellate Tribunal challenging the Sebi interim order that barred them from holding the position of a director or key managerial pe
Emirates to offer premium economy class on its flights to Mumbai, Bengaluru. Gulf carrier Emirates on Tuesday announced that it will offer premium economy class, offering more legroom, on its Airbus A380 flights to Mumbai and Bengaluru, starting October 30. The airline said it will operate its newly retrofitted flagship A380 aircra
Boom Motors renamed to Bharat New-Energy Company, launches inhouse battery. The company is also working on a portable fast charger that can plug into a standard three-pin 16A socket and charge the battery in two hours
NLC India JV plant in Ghatampur to supply 492 MW of electricity to Assam. State-owned NLC India joint venture Neyveli Uttar Pradesh Power has inked a pact to supply 492 MW of electricity to Assam from its 1,980 MW Ghatampur thermal plant. Neyveli Uttar Pradesh Power Ltd (NUPPL), a joint venture of NLC India and Uttar Pradesh Raj
Zydus Lifesciences gets USFDA nod for anti-smoking and arthritis drugs. The stock for Zydus Lifesciences rose 1.52 percent on BSE to Rs 517.70 per share
SAT stays Irdai order to transfer Sahara Life Insurance assets to SBI Life. On June 2, Irdai directed SBI Life Insurance to take over policy liabilities of around 2 lakh policies of Sahara Life as the latter failed to comply with the regulatory directions
upGrad forays into Pacific region with medical institute in Vanuatu. Edtech firm upGrad on Tuesday announced that it has forayed into Pacific region with first-ever fully offline medical institute in the Republic of Vanuatu with an initial investment of USD 10 million. The company plans to set up three medical institutes in
From Jaquar to Lakme: How some of the biggest Indian brands got their names. Here are etymologies of some of the oldest and most popular homegrown brands in the country
Govt asks e-comm firms for self-regulatory framework to end 'dark patterns'. The government has taken a serious note of 'dark patterns' and asked e-commerce firms to create a self-regulatory framework to stop such practices, Consumer Affairs Secretary Rohit Singh on Tuesday said. The e-commerce sector has the largest contribution t
Foreign automakers get a second chance as India transitions to EVs. But with the advent of EVs, firms like MG Motor India Pvt, the local unit of China's SAIC Motor Corp., Renault SA, Nissan Motor Co. and Volkswagen AG may finally gain a better foothold
Zee board to review Sebi order on Subhash Chandra and CEO Punit Goenka. The board is currently reviewing the detailed order and appropriate legal advice is being sought in order to take the next steps as required, Zee Entertainment Chairman R Gopalan said
Peak XV Partners received 15x return on its investment in Go Fashion. In November 2014, Peak XV Partners had acquired a 33.3 per cent stake in Go Fashion for Rs 60 crore
Tata Group awards generous pay hikes of 16-60% to its top officials. This comes at a time when the board of Tata Sons has acknowledged the group's highest growth in its history
Indo-German JV launches its first satellite on SpaceX Falcon 9 rocket. Azista BST aims to mass manufacture satellites in India for the global market
Zee promoters approach SAT against Sebi order barring them from key posts. Tribunal will take up the matter for admission on June 15; company protests ban
Even with smaller incentives by Centre, daily orders on ONDC touch 30,000. ONDC's majority of retail orders come from the food and beverage category, with a small amount coming from the grocery category
Airtel, Jio target Vi's postpaid users with competitive int'l packages. Indian telecom providers are introducing international roaming packages for postpaid customers with competitive prices as Vodafone Idea reports financial troubles
Pfizer and GSK to battle for share of new RSV vaccine market: Report. US drugmaker Pfizers and British pharma major GSK are likely to face significant competition in the respiratory syncytial virus (RSV) vaccine market, according to a report on Tuesday
WinZo saw 40 bn micro-transactions on its platform in FY23, mostly via UPI. The company added that it contributes to at least one out of every 250 UPI transactions that occur in India and accounts for over 30 million UPI transactions per month
Cummins India receives CPCB IV+ norm compliance certification from ARAI. The Central Pollution Control Board will be implementing the new CPCB IV norms from July 1 for all power-generating gensets
Reliance Industries climbs 8 spots on Forbes' Global 2000 list to 45th rank. The Global 2000 ranks the largest companies in the world using four metrics: sales, profits, assets, and market value, Forbes said while releasing the 2023 ranking of the world's top 2,000 companies
IndiGo aircraft suffers tail strike at Delhi airport, DGCA to probe. The airline has also grounded the operating crew on the orders of the Directorate General of Civil Aviation (DGCA), the official said
Fintech firm Indifi raises Rs 290 cr in funding round by ICICI Venture. Company plans to expand its operations and expand small businesses' access to working capital finance
Mortgage lender Aviom India raises mn for business expansion. Company runs programme that offers loans to women who don't have formal income documentation
Zydus Lifesciences receives final USFDA approval for varenicline tablets. The drug will be manufactured at the group's formulation manufacturing facility at Ahmedabad SEZ
Adani Group's wind project in Lanka to be ready by 2024: Energy minister. The renewable energy project to generate 500 MW in Sri Lanka's north and eastern regions undertaken by India's Adani Group will be completed by December next year, Energy Minister Kanchana Wijesekara has said. Sharing the progress of the project, Wijesekar
OYO launches 'stay now pay later' programme for Indian travelers. Customers will get credit limit of up to Rs 5,000 which can be settled after 15 days of hotel stay
Keytrade Bank selects Infosys Finacle suite for core banking transformation. The bank will subscribe to the Infosys Finacle suite in a software-as-a-service (SaaS) mode on the Microsoft Azure public cloud
BAM Digital Realty to set up data centre in Mumbai at Rs 2000 cr investment. Company says its first such facility in India is nearing completion in Chennai
Ramco Systems secures new order from Australian company Skytek Pty. Ramco's aviation suite will integrate and automate various operations at Skytek, empowering them with a modern solution to support their business growth
Zydus Lifesciences gets USFDA nod to mfg generic version of Varenicline. Zydus Lifesciences on Tuesday said it has received final approval from the US health regulator to manufacture and market the generic version of Varenicline tablets indicated to treat smoking addiction. The approval by the US Food and Drug Administration (U
Adani Group in talks for first major debt refinancing after Hindenburg. Adani is expecting to conclude the process within three to four months and most of the existing lenders are expected to participate, said sources
HFCL receives Rs 80 crore order from DMRC for three priority corridors. The company will be involved in the design, manufacture, supply, installation, testing and commissioning of the fibre optics transmission system
Microsoft's media literacy program aims to tackle online misinformation. People are hungry for accurate and reliable information online and may just need help to find it, according to a new media literacy project launched by Microsoft. The tech company worked with the Trust Project, a nonprofit consortium of news organisations,
SpiceXpress partners Ekart to provide first and last-mile delivery space. SpiceJet Ltd's cargo arm SpiceXpress and Logistics has partnered with supply chain services providers Ekart in the first and last-mile delivery space, the company said on Monday. As part of this partnership, Ekart will provide first-mile pickup of cargo sh
Deal activity plunges 87% YoY in May to .6 bn in value, 45% in volume. Deal activities fell a steep 87 per cent in May to USD 4.6 billion in value and by 45 per cent in volume terms to just 106 deals, according to an industry report. May 2022 witnessed four multi-billion-dollar deals totalling USD 31.5 billion, while the repo
Nearly all Tata Motors vehicle dealers turn profitable after a decade. Tata Motors' diversification into multiple electrified models, which are priced on average Rs 3-3.5 lakh higher than traditional internal combustion engine models, has increased profit margins
Vivo becomes third brand to exit Germany after Oppo, OnePlus; here's why. The suspensions come after Nokia filed a patent dispute in the region over broadband technology
Goldman Sachs slashes forecast for oil prices by nearly 10% on weak demand. Goldman Sachs has slashed its forecast for oil prices by nearly 10 per cent, citing weak demand in China and a glut of supply from the sanctioned countries, including Russia
Sebi to auction 61 Saradha Group property on July 17 to recover money. Capital markets regulator Sebi on Monday said it will auction 61 properties of Saradha Group on July 17 at a reserve price of over Rs 26 crore to recover money raised by the firm from the public through illicit schemes. The properties to go under the hamme
We can work on hypersonic missiles too: Former BrahMos Aerospace chief. The grand Silver Jubilee Year celebration by India-Russia JV entity BrahMos Aerospace culminated on a high note on Monday in the presence of the company's CEO and MD Padma Bhushan Dr A.S. Pillai
Jaguar Land Rover plans annual investment of 3 billion pounds by FY26. Tata Motors' owned Jaguar Land Rover plans an annual investment of 3 billion pounds while targetting revenue of over 30 billion pounds by FY26, according to an investor presentation by the company. Jaguar Land Rover (JLR), which makes SUVs such as Range Ro
PB Fintech to wipe out accumulated losses in next 4 years on revenue growth. PB Fintech, the parent firm of Policybazaar, expects to wipe out accumulated losses in the next four years on the back of revenue growth, a top official said. The total revenue of the company increased to Rs 1,710 crore in FY23 from Rs 1,200 crore in the p
Gangwal family may sell up to 8% stake in Indigo via block deals by July. The family is bringing its stake down since September last year when it first sold a tranche of 2.8 per cent worth Rs 2,000 crore
SJVN Green Energy bagged 200 MW wind energy project worth Rs 1,400 cr. State-owned SJVN Ltd arm SJVN Green Energy on Monday bagged a 200 MW wind power project entailing an investment of Rs 1,400 crore in a tariff-based competitive bidding conducted by Solar Energy Corporation of India. This wind power project will be develope
Sequoia Capital sells entire 10.18% stake in Go Fashion for Rs 625 cr. Venture capital company Sequoia Capital on Monday divested its entire 10.18 per cent stake in Go Fashion for Rs 625 crore through an open market transaction. US-based Sequoia Capital through its affiliate Sequoia Capital India Investments IV offloaded the
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