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NSE share market NEWS tomorrow (08 June, 2023). NSE stocks in NEWS (tomorrow)

NSE share market NEWS tomorrow (08 June, 2023). NSE stocks in NEWS (tomorrow) These are NSE stocks which will be in NEWS tomorrow as on 08 June 2023

One 97 was amongst the top gainers, currently trading at 772.00 in NSE with 3.99 times change in volumes and 6.19% change in price. Other gainers included Inox Wind with 3.726% price change and 0.997 times volumes, Yes Bank with 3.715% price change and 5.847 times volumes, Dixon Techno with 3.693% price change and 3.511 times volumes, and Multi Commodity with 2.862% price change and 5.151 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.

Indian Energy was amongst the top losers, currently trading at 136.45 in NSE with 3.602 times change in volumes and -8.238% change in price. Other losers included Suzlon Energy with -7.612% price change and 0.368 times volumes, Varun Beverages with -3.994% price change and 0.615 times volumes, Idea Cellular with -3.922% price change and 0.622 times volumes, and Hindustan Petroleum with -3.886% price change and 0.582 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.

Tata Power Renewable Energy arm to set up 966 MW project for Tata Steel. We believe that renewable energy is the future, said T. V. Narendran, CEO & MD, Tata Steel

Blue Dart Express appoints Sudha Pai as CFO with effect from Sept 1. The company also appointed VN Iyer as group chief financial officer

Inox Wind bags 100 MW wind power project from ABEnergia Renewables. Shares of Inox Wind ended over 4 per cent higher at Rs 149.40 on the BSE

Piramal Enterprises looks at sustained growth, profitability: Chairman. Piramal Enterprises is looking at sustained growth and profitability with the last few years spent in making balance sheets and businesses more resilient to tide over unforeseen uncertainties, according to Chairman Ajay G Piramal. In his address to shareho

IHCL signs its first hotel in Kumbalgarh under the SeleQtions brand. We are delighted to partner with Kumbalgarh Yatri Niwas Pvt Ltd for this hotel, said Suma Venkatesh

Corning Inc partners SGD Pharma to set up Rs 500 cr plant in Telangana. SGD Corning Technologies Pvt Ltd, a joint venture between Corning Inc and SGD Pharma will be setting up a glass manufacturing facility in Telangana at an outlay of Rs 500 crore, which will create employment opportunities for 1,500 people directly and indir

Interested in working with OpenAI? Please feel free to email Sam Altman. OpenAI has been investing in start-ups working in artificial intelligence (AI). It also closed OpenAI Startup Fund I worth 5 million

Meesho revamps brand identity to enhance positioning as inclusive. Softbank-backed e-commerce player Meesho has revealed a new brand identity as it looks to enhance its positioning as an "inclusive" and "egalitarian" platform for mass adoption. The company said that its new logo features hues of 'Jamuni' and 'Aam', which

Slowdown in hiring by 7% witnessed in May, tier-2 cities shine: Report. The report also indicates that hiring activity is declining across industries with a 4 per cent month-on-month (MoM) decline. The decline can be attributed to several factors

Edtech giant Byju's likely to lay off 1,000 more employees, say reports. Media reports suggest these employees are contractual and are part of the sales team

Nomura India's Head of Investment Banking Utpal Oza steps down: Report. In the last few years, Oza has, among other deals, helped Nomura sell ASK Wealth Management to Blackstone and diagnostics firm Thyrocare to healthcare firm PharmEasy

Turnover of Khadi-Village Industries products up 17% to Rs 1.34 trn in FY23. The turnover of Khadi and Village Industries' products rose by about 17 per cent to Rs 1,34,630 crore in 2022-23 as against Rs 1,15,415.22 crore in 2021-22, KVIC said on Thursday. Khadi and Village Industries Commission (KVIC) said that the turnover was Rs

Expects profitability to improve as operating cost normalise: Dalmia Bharat. Cement maker Dalmia Bharat Ltd has said it expects the company's profitability to gradually improve as commodity inflation cools down. Dalmia Bharat will also establish presence in the markets of western, mid and northern regions, emerging as a pan-India p

PNB to raise funds via share sale under Employee Stock Purchase Scheme. State-owned Punjab National Bank (PNB) has proposed to raise funds from the sale of up to 15 crore shares under its Employee Stock Purchase Scheme (ESPS). At the current market price, PNB would raise up to Rs 780 crore from the scheme. The bank proposes to

NCLT issues notice to Go First resolution professional on Delhivery plea. Insolvency tribunal NCLT on Thursday issued a notice to the Interim Resolution Professional (IRP) of crisis-hit airlines Go First over a plea filed by supply chain company Delhivery. In its plea, Delhivery had alleged Go First's insolvency process as a sha

HDFC Defence Fund plans to impose restrictions on fresh investments. Fund to stop taking lumpsum investments, limit new SIPs to Rs 10,000

Zerodha's Nikhil Kamath fourth Indian to join buffett's 'giving pledge'. In his thirties, the Zerodha co-founder has pledged to give away half his wealth

Vedanta Resources records .6 bn EBIDTA, .8 bn free cash flow in FY23. Vedanta Resources Ltd (Vedanta) on Thursday said it generated an EBITDA of USD 4.6 billion and a pre-capex free cash flow of USD 2.8 billion during financial year 2022-23. While the EBITDA (earnings before interest, taxes, depreciation and amortization) in

HDFC may tap Arvind Kapil for mammoth mortgage business post merger. If he gets the role, Kapil will lead a mammoth mortgage business, that currently includes gross individual loans of Rs 5 trillion at HDFC and over Rs1 trillion at HDFC Bank

Tata group's Air India Express operates India's first all-women Haj flight. Tata Group's international budget arm Air India Express (AIXL) on Thursday operated India's first all-women Haj flight, the airline said in a statement. This special flight, carrying 145 women pilgrims, was entirely managed by an all-women crew in all crit

Byju's lenders, their advisers weigh options after missed interest payment. The edtech company and its lenders are mired in a fight over the term loan after the firm breached terms of its debt agreement

Delay in visa approvals for Chinese hurting Indian businesses: Report. Apart from new projects, in several cases, companies do not have their India chief executive officers in the country for several months now

SpiceJet partners with FTAI to restore fleet, to lease up to 20 engines. SpiceJet had also said there were no plans to file for insolvency, quelling fears of a spillover after rival Go Airlines (India) filed for voluntary bankruptcy

Zomato working on AI-based features for enhancing customer experience. To build AI-based products, Zomato has also made plans to employ engineers for data science, machine learning, and NLP

Indian GCC market size to grow 144% to 0 billion by 2030: EY report. The GCC industry is expected to hire around 2.6 million people in India by the end of this decade

Go First cancels flights until June 12 due to 'operational reasons'. Go First apprised DGCA of being able to operate 152 daily flights as soon as its resumption plan hits the tarmac

McDonald's joins hands with Simpl to provide 1-tap payment facility. McDonald's operates 357 restaurants in 56 Indian cities across the West and South of the country

Vistara to add 10 planes, 1,000 people this FY; shelves plan to fly to US. Full service carrier Vistara expects to add a total of 10 planes as well as hire more than 1,000 people in the current financial year and has shelved plans to fly to the US, according to a top executive. Currently, Vistara, which is set to be merged with A

TCS records higher attrition rate among women than male colleagues in FY23. Lack of caregiving duties has impacted female workers during the Covid-19 pandemic, but with companies such as TCS, returning to work-from-office culture, many have chosen to opt out of the workforce

Zydus receives final approval from USFDA for esomeprazole magnesium. Esomeprazole magnesium for delayed-release oral suspension, 20 mg and 40 mg had annual sales of mn in the United States

Mother Dairy reduces MRP of Dhara edible oil by Rs 10 per litre. Mother Dairy, which is a leading milk supplier in Delhi-NCR, on Thursday said it has reduced the maximum retail price (MRP) of its Dhara edible oils by Rs 10 per litre and the stocks with new rates will be available in the market from next week. The reduct

Air India to issue a refund to those affected by flight diversion on June 6. "We will fully refund the fare for your journey and, in addition, provide you a voucher for future travel on Air India,' the airline said

L&T Finance Holdings declares final dividend of Rs 2 per share; stock falls. Shares of L&T Finance Holdings fell over 1 per cent at Rs 105.60 on BSE

RBI warns tech firms against unauthorised trading platforms on app stores. Updated central bank alert list names 56 entities prohibited from dealing in foreign exchange

Torrent Power raises Rs 600 cr through non-convertible debentures. Torrent Power has raised Rs 600 crore through issuance of non-convertible debentures on private placement basis. "The company has issued and allotted Series 11 60000 Secured, Rated, Listed, Taxable, Non-Cumulative, Redeemable and Non-Convertible Debenture

API manufacturing facility in Bangalore receives GMP certificate: Biocon. Shares of Biocon, on Thursday, fell nearly 1% at Rs 241.40 on BSE

Zomato deletes ad depicting Lagaan character 'Kachra' as recyclable items. On June 5, Zomato released an ad depicting the actor who played the Dalit character 'Kachra' as items made of recycled waste

Hero MotoCorp to drive in mid, budget-range EVs in FY25: CEO Gupta. Will launch an ICE premium motorcycle in every quarter of FY24, says CEO

Airbus deliveries shoot up in May, Go First orders fall by 16 units. Airbus delivered 63 aircraft in May, up 34% from the same month last year, bringing its total for the year to 244 jets, the company said on Wednesday, confirming Reuters reports.

Byju's schedules call for lenders to discuss loan amendment proposal. Byju's didn't pay million in interest due Monday on its .2 billion loan

Maruti prices Jimny competitively at Rs 12.74 lakh to match Mahindra Thar. Car to play key role in MSIL's goal of becoming country's top SUV maker; M&M to challenge competition by bringing out a 5-door version of the Thar

Allcargo Logistics arm to sell stake in logistics parks to Blackstone. "This transaction will result in significant cash proceeds and provide for growth plans of the company, formerly known as Transindia Realty & Logistics Parks Limited," it said

BetterPlace partners Microsoft to empower frontline workers across Asia. The collaboration will also include the development of a mobile-first upskilling programme, specifically designed for frontline workers

State-owned BoM raises Rs 1,000 cr via qualified institutional placement. State-owned Bank of Maharashtra (BoM) on Wednesday said it has raised Rs 1,000 crore through Qualified Institutional Placement (QIP). The QIP opened on June 1 and closed on June 6, 2023. The board of the bank had approved the issuance of equity shares to

Ford Motor issues recall notice for 125,000 vehicles that could catch fire. The recall applies to Escapes from 2020 to 2023, Mavericks from 2022 to 2023, and Corsairs from 2021 to 2023, the report mentioned

Google part of mn funding round for Indian space startup Pixxel. The startup has raised more million from investors including Accenture PLC. Pixxel did not specify the valuation it reflected

India's green goal offers companies 0 bn opportunity, says ReNew CEO. ReNew has plans to invest in the entire decarbonization chain. The company, with about 8 gigawatts of operational capacity, is among India's top renewables producers

ReNew Energy Global Plc posts Rs 7.4 crore net profit in March quarter. ReNew Energy Global Plc has posted a net profit of Rs 7.4 crore, mainly on the back of higher revenues. "Net profit for Q4 FY23 (January-March 2023) was Rs 74 million (USD 1 million) compared to a net loss of Rs 3,554 million (USD 43 million) for Q4 FY22 (

Adani to slow down on acquisitions to focus on existing projects: Report. While the group will continue to review acquisition opportunities, the Adani spokesperson said high debt costs will weigh

New York City sues Hyundai, Kia after security flaw leads wave of car theft. New York City has filed a lawsuit against Hyundai and Kia, joining a host of other cities beset by a social media fuelled wave of car thefts due to a flaw that made some car models highly susceptible to theft. Viral how-to videos on TikTok and other sites

Shriram Life Insurance rolls out unit-linked plan with flexible options. Shriram Life Insurance Company, a part of the Shriram Group, on Wednesday said it has unveiled a new unit-linked policy that offers financial control with multiple fund options and investment strategies. Policy holders can opt to cover either whole life or

RAMP Global inks partnership with Hala Mobility to foray into EV biz. RAMP Global, a cloud-based ecosystem for automotive aftermarket services, has inked a strategic partnership with Hala Mobility to foray into the electric vehicles' maintenance, management, leasing and tracking business. As part of this collaboration, RAMP

LIC raises Tech Mahindra stake by 2 pts via open-market acquisition to 8.8%. Life Insurance Corporation of India (LIC) has raised its stake in IT firm Tech Mahindra Ltd by about 2 per cent through open market acquisition. LIC bought 1.9 crore shares or 2.01 per cent of equity capital at an average price of Rs 1,050.77 per unit, the

GST evasion notice: Revenue dept to move SC against HC relief to Gameskraft. The notice was issued by the Directorate General of GST Intelligence (DGGI) in September 2022 in which it alleged that GamesKraft escaped GST payment

India could lead global conversations around AI regulation: Sam Altman. Altman said his company was delighted to see the adoption of and enthusiasm for ChatGPT in India

Women employees attrition races past men at TCS as work-from-home ends. Largest tech company TCS on Tuesday said attrition among its women employees has raced past the same for men, hinting that the end of work-from-home may have a role to play in it. Its chief human resources officer Milind Lakkad said that historically, the

CCI clears General Atlantic's additional 4.04% stake buy in Acko Tech. Competition Commission of India (CCI) on Wednesday cleared General Atlantic Singapore ACK's proposed acquisition of an additional 4.04 per cent stake in Acko Technology and Services. General Atlantic Singapore ACK Pte (GASACK) is an investment holding comp

Crisis-hit Jaiprakash Associates defaults on Rs 3,961-crore loans on May 31. Crisis-hit Jaypee Group's flagship firm Jaiprakash Associates has defaulted on loans worth Rs 3,961 crore, including principal and interest amount. In a regulatory filing, Jaiprakash Associates Ltd (JAL) informed that the company on May 31 defaulted on rep

Peak XV says confident of investor backing after Sequoia Capital split. Over years, Sequoia invested in some of India's biggest startups, including food delivery firm Zomato and payments firm Pine Labs

2 entities offload Deepak Fertilisers shares for Rs 131 cr via open market. Two entities on Wednesday offloaded shares of Deepak Fertilisers and Petrochemicals for Rs 131 crore through open market transactions. The entities are SmallCap World Fund Inc and Anirudh Damani. According to the bulk deal data available with the NSE, Smal

India at inflexion point, company to continue double-digit growth: Diageo. Indian market is at a "great inflexion point", Diageo India MD & CEO Hina Nagarajan on Wednesday said, adding the company would continue its double-digit profitable growth journey, with a special focus on premiumisation and innovations. The company is look

Kaspersky appoints Jaydeep Singh as general manager of India operations. Cyber security company Kaspersky on Wednesday said it has appointed Jaydeep Singh as its general manager for India to head operations in the country. Singh will be responsible for leading Kaspersky's business operations and driving growth across the countr

IKIO Lighting IPO subscribed 6.83 times on second day of share sale. The Initial Public Offering (IPO) of LED lighting solution provider IKIO Lighting was subscribed 6.83 times on the day two of the share sale on Wednesday. The Rs 606.5-crore IPO received bids for 10,40,31,096 shares against 1,52,24,074 shares on offer, acc

Kerala Financial Corporation records four-fold jump in profit at Rs 50 cr. Kerala Financial Corporation, a Kerala government-owned finance firm, on Wednesday said it recorded about four-fold jump in its net profit at Rs 50.19 crore in the financial year ended on March 31, 2023. The company has earned a net profit of Rs 13 crore i

Infosys grows footprint in the Nordics with new proximity centre in Norway. New centre is expected to enable Infosys to attract, re-skill, and upskill local talent to work on global opportunities through next-gen technologies like cloud, AI, IoT, 5G, and software engineering

Tata Motors looking to increase localisation of electric vehicles to 85%. The group has outlined an investment of Rs 13,000 crore to set up India's first lithium-ion cell manufacturing giga-factory in Gujarat last week

Adani stocks still reeling from losses inflicted by Hindenburg report. While two of Adani's 10 stocks have bounced back strongly, a full recovery to pre-Hindenburg levels looks a ways away

Adani Group revives Mundra PVC project, gets credit line worth Rs 14,000 cr. Most of the funds may come from state-run lenders and private lenders will lend at least Rs 4,500 crore

Apple doubles down on health, accessibility with new software updates. The last three years of the Covid-19 pandemic made millions realise how important it is to remain fit and healthy and Apple has taken another stride towards this with announcing key software updates

Adani Cement leaves industry body that represents large cement companies. The Cement Manufacturers' Association (CMA) collects data related to production and sales numbers in the country

Adani Cement leaves industry body that represents large cement companies. The Cement Manufacturers' Association (CMA) collects data related to production and sales numbers in the country

Google adding more local languages to fuel Android's growth in India. The Alphabet Inc. unit is enabling more users in India to access its services with their local language, by either writing or using their voice

MRPL shelves plans of refinery expansion to focus on chemicals bet. A shifting energy landscape primarily driven by the uptake of electric vehicles has prompted MRPL to focus its efforts on increasing output of chemicals that can be used for plastics and paints

After Centre's demand, Tesla agrees to set up vendor base in India: Report. After relocation to India, vendors will be required to form joint ventures with Indian companies as India does not support 100% Chinese investments post-2020 Galwan clashes

Reddit to hand pink slips to 5% of its workforce, reduce fresh hiring. The move aims to help the social media company Reddit to break even next year

Here is what TCS Chairman N Chandrasekaran said about investing in AI. India's largest IT services company is significantly investing in building AI capabilities, said the TCS chairman

Maruti's Jimny priced at Rs 12.74 lakh ex-showroom; check specifications. With Jimny, Maruti wants to achieve more than what it did with the Gypsy by making it a truly mass-market vehicle

HCLTech opens new facility in Chennai for 5G infrastructure testing. IT services company says the laboratory will help advance telephony and ensure quality

Starbucks brews up cheaper drinks in India as domestic rivals expand. Its new offerings are unique to India and unavailable in China, Singapore and the United States

At Rs 29.16 cr, former TCS CEO Gopinathan earned 13% more in FY23 than FY22. Gopinathan received a compensation of Rs 25.75 crore, making him the fifth-highest-paid CEO in the Indian IT services sector

AWE Funds secures mn commitment in first close of maiden fund. Investment platform AWE Funds on Wednesday said it has secured commitment worth USD 15 million in the first close of its maiden fund in India. The fund will invest in scalable innovation primarily across climate and sustainability, food and agriculture, he

KPI Green Energy gets letter of intent for 40 MW hybrid project in Gujarat. KPI Green Energy on Wednesday said it has got a letter of intent (LoI) from a private player to develop a 40 megawatt hybrid green energy project in Gujarat. The capacity includes 21.50 MW wind and 18.5 MW solar, the company said in a regulatory filing. "K

Recycling firm Vikas Ecotech plans to raise Rs 100 cr via QIP issue route. Recycling company Vikas Ecotech on Wednesday said it plans to raise Rs 100 crore through qualified institutional placement (QIP) route. The proceeds from the QIP issue, which opened on May 31, will be utilised to expand its business and fund working capita

Cabinet approves Rs 89,047 crore revival plan for state-run telco BSNL. Last year, a revival plan of Rs 1.64 trillion was announced for BSNL, which was to be spent over four years

Tata Group is India's most valuable brand, Infosys and LIC follow. With a value growth of 10.3% in 2023 as compared to 2022, Tata Group became the only Indian brand with a valuation of over billion

Pumped storage projects may create 7,000 jobs in Maharashtra: NHPC. The MoU sets the stage for the establishment of four pumped storage projects, which will have a combined capacity of 7,350 MW

HMSI rolls out industry's first warranty programme for scooter, motorcycle. Honda Motorcycle and Scooter India (HMSI) on Wednesday said it has unveiled an extended warranty initiative for all scooter and motorcycle models up to the 250 cc segment. The initiative enables customers to acquire an extended warranty within a flexible w

Cloud-lending startup Lentra raises million in extended Series B round. Tokyo-based Mitsubishi UFJ Financial Group (MUFG) and investment firm Dharana Capital led the funding

Google Pay allows users to validate UPI using Aadhaar authentication. Company says it will not store Aadhaar numbers and will act as a facilitator for validation

Cabinet approves third revival package for BSNL, to allot Rs 89,047 crore. Govt will give state-owned telecom company 4G/5G spectrum through equity infusion

Adani stocks gain up to 5% after stock exchanges widen circuit filters. Of the four scrips which underwent price band change, only Adani Green closed 0.75% down at Rs 985.45

Competition Commission of India approves deal involving Manipal Group. The Competition Commission of India (CCI) on Tuesday said it has cleared the proposed deal involving Manipal Health Enterprises Pvt Ltd and Manipal Education and Medical Group India Pvt Ltd (MEMG India). Manipal Health Enterprises Pvt Ltd (MHEPL) operates

Byju's accuses lenders of manufacturing fake debt crisis to extort money. The company chalks up its current debt predicament to aggressive distressed-debt investors who, in its view, were never supposed to be able to buy the loan

Adani probe: Who really owns India's companies? It's time to find out. The regulator told the expert panel that it is investigating as many as 13 opaque entities that, as of March 2020, held between 14% and 20% across five publicly traded stocks od Adani Group

Edtech giant Byju's rolls out AI models for hyper-personalised learning. The edtech giant has launched Byju's Wiz, a suite of three AI transformer models - BADRI, MathGPT, and TeacherGPT

GMR announces divestment of warehouse facility located at Hyderabad Airport. GHIAL signed the definitive agreements and closed the transaction with ILP Core Ventures I PTE Limited at an enterprise value of Rs 188.1 crore

Patel Engineering bags Rs 519-cr water tunnel project in Maharashtra. Patel Engineering has received a letter of acceptance (LOA) from City and Industrial Development Corporation (CIDCO) to construct a 6.70 km long treated water tunnel and associated works in Raigad district, Maharashtra. The water tunnel project, worth Rs 5

Sequoia to separate China, India, Southeast Asia businesses by March '24. Global venture capital giant Sequoia announced that it is planning to separate China and India and Southeast Asia businesses into independent firms

Sequoia splits into 3 independent entities, India biz now Peak XV Partners. There will be no change in the firm's portfolio management strategy

ONGC to fund construction of National Disaster Centre, Yatri Niwas in J-K. State-owned Oil and Natural Gas Corporation (ONGC) on Tuesday said it is funding the construction of a National Disaster Mitigation Centre and Yatri Niwas in Sidhra in Jammu to ease logistic challenges for tourists and pilgrims. "This ONGC-funded Yatri Niw

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