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NSE share market NEWS tomorrow (06 June, 2023). NSE stocks in NEWS (tomorrow)

NSE share market NEWS tomorrow (06 June, 2023). NSE stocks in NEWS (tomorrow) These are NSE stocks which will be in NEWS tomorrow as on 06 June 2023

Suzlon Energy was amongst the top gainers, currently trading at 12.20 in NSE with 1.958 times change in volumes and 7.018% change in price. Other gainers included Kaynes Technology with 5.882% price change and 1.344 times volumes, Jsw Energy with 5.509% price change and 4.371 times volumes, Angel One with 4.67% price change and 1.676 times volumes, and Ambuja Cements with 4.578% price change and 4.436 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.

Persistent Systems was amongst the top losers, currently trading at 4981.05 in NSE with 7.142 times change in volumes and -4.384% change in price. Other losers included Indian Energy with -3.916% price change and 3.818 times volumes, Cyient with -3.873% price change and 0.647 times volumes, Coforge with -3.853% price change and 2.546 times volumes, and Mphasis with -3.671% price change and 1.575 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.

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

CitiusTech Healthcare expands operations to Europe to make delivery model. / -- CitiusTech Healthcare Technology Pvt. Ltd., a leading provider of healthcare technology services, solutions, and platforms, announced the expansion of its presence to Warsaw, Poland. This strategic move will help CitiusTech expand its global delivery

Tata Consumer biz to see high growth, open to acquisitions: Chandrasekaran. Tata Consumer Products Ltd (TCPL) will see high growth in the domestic market, according to Chairman N Chandrasekaran, who also expressed the company's openness to acquisitions and expanding into new categories. India's business growth would continue to ou

EV startup River raises mn in funding round led by Dubai's Al Futtaim. Bengaluru-headquartered EV startup River on Tuesday said it has raised USD 15-million capital in a funding round led by Dubai-based Al Futtaim Group. Besides, other investors including Lowercarbon Capital, Toyota Ventures, Maniv Mobility, and Trucks VC als

Ashok Leyland seeks pre-pandemic sales volume in FY24 with new launches. Company expects 'highest peak' in sales as MHCV industry grows, says a senior executive

Sidbi signs MoU with HDFC Bank to offer financial solutions to MSMEs. State-owned Small Industries Development Bank of India (SIDBI) has entered into a Memorandum of Understanding (MoU) with HDFC Bank for providing financial solutions to MSMEs. Under the MoU, SIDBI and HDFC Bank will work together to provide complete financi

HC refuses to interfere with BoB's decision inviting EoI for NBL stake sale. The Delhi High Court has refused to interfere with the "expression of interest (EoI)" invited by Bank of Baroda (BoB) for acquisition of its stake in Nainital Bank Limited (NBL). Justice Purushaindra Kumar Kaurav dismissed a petition by the Nainital Bank O

Nasscom releases normative guidelines on generative artificial intelligence. The document of guidelines says it intends to build stakeholder consensus on the core normative obligations among stakeholders and is not an operational manual or guidebook

Torrent Power inks pact with Maharashtra govt to build 3 hydro projects. The projects would entail an investment of about Rs 27,000 crore and would provide employment to nearly 13,500 people during the construction period

Piramal Critical Care appoints US-based Jeffrey Hampton as President, COO. Piramal Critical Care, a part of Piramal Pharma, on Tuesday said it has appointed Jeffrey Hampton as President and Chief Operating Officer (COO). For his new role, Hampton will be based in the United States. He joins the company from Accord Healthcare, whe

Tata Consumer has managed to tide over macro challenges: Chandrasekaran. During the year, the FMCG major has strengthened its core businesses and expanded its target addressable market and has also opened up opportunities for growth

Merck sues federal govt over plan to negotiate Medicare drug prices. Merck is suing the federal government over a plan to negotiate Medicare drug prices, calling the programme a sham equivalent to extortion. The drugmaker is seeking to halt the programme, which was laid out in the Inflation Reduction Act and is expected to

DS Group acquires chocolate brand LuvIt, to expand confectionary business. The company could scale the LuvIt brand to Rs 500 crore, up from the current Rs 100 crore, said Rajiv Kumar, vice chairman, of DS Group

Koparo to raise .5 mn in Pre-Series A round led by Saama Capital. Koparo, a home and personal hygiene D2C brand, on Tuesday announced to raise USD 1.5 million (about 12.38 crore) in a Pre Series A round led by Saama Capital. The co-investors are Fluid Ventures and Singapore-based M Venture Partners, along with some angel

Airtel to manage cloud, content for digital education platform DIKSHA. Airtel will be responsible for end-to-end management of DIKSHA's online platforms across its mobile application and website

Samsung expects monsoon to bring strong growth from rural area in 2nd half. Smartphone major Samsung expects normal monsoon will fuel high demand in rural areas and bring in strong business growth in the second half of this year, a senior company official said on Tuesday. Samsung India Senior Vice President for Mobile Business Raj

RCF's contractor to pay Rs 173.72 crore for breakdown of two GTGs. Rashtriya Chemicals and Fertilizer (RCF) on Tuesday said it has won an arbitration award of Rs 173.72 crore from one of its contractors for the breakdown of two gas turbo generators (GTGs). The award was handed over by a single-member arbitral court which

CCI approves minority stake acquisition in Lenskart by Dove Investments. Fair-trade regulator CCI has approved the minority stake acquisition in Lenskart Solutions by Dove Investments, Defati Investments Holding BV and Infinity Partners. The proposed combination relates to Dove Investments, Defati Investments Holding BV and Inf

Zerodha cofounder Nikhil Kamath to donate 50% of his wealth to charity. Every year, a number of wealthy individuals across the globe pledge to donate to charitable causes, including climate change, education, and healthcare

BBK makes Oppo, OnePlus and Realme separate entities in India: Report. The development comes at a time when Chinese companies in India have been facing increased scrutiny, and Oppo Mobile is being investigated for alleged custom duty evasion of Rs 4,388 crore

As MTNL fails to turn profitable, govt may shift ops to BSNL, says report. This is a departure from the govt's earlier plan of merging the two entities

Canara Bank initiates process to launch IPOs of two non-core arms: Report. If listed, Canara Robeco AMC will be the fifth mutual fund to list after HDFC, Nippon Life, UTI, and Aditya Birla

Titan's plan to acquire remaining stake in CaratLane reaches an impasse. According to the original deal between Titan and CaratLane, Titan can acquire the remaining business of CaratLane. However, it has to be done at a value agreed upon by both parties

Institutional shareholders vote against reappointment of Bharat Forge MD. Proxy advisory firms had recommended that investors vote against the special resolution to appoint B N (Baba) Kalyani as the managing director of Bharat Forge, citing his excessive remuneration

Aditya Birla Group to launch branded jewellery retail business in India. The company will invest Rs 5,000 crore to set up large-format exclusive jewellery retail stores with in-house jewellery brands across the country

Airtel Business partners with Centre for India's edtech platform DIKSHA. DIKSHA offers 9,300 courses in 35 Indian languages and has witnessed 50 billion learning sessions and 60+ billion minutes of usage by students

Aditya Birla Group to enter jewellery retail business; to invest Rs 5k cr. Leading business conglomerate Aditya Birla Group on Tuesday said it is foraying into the branded jewellery retail business with an investment of Rs 5,000 crore. The new venture, Novel Jewels, will build large-format exclusive jewellery retail stores across

Global environment challenging but company steadfast : TCPL chairman. The global environment has been challenging due to volatile macroeconomic condition and geopolitics but the company remains steadfast and is focusing on building a strong platform for progress, Tata Consumer Products Ltd (TCPL) Chairman N Chandrasekaran sa

VRS for staff may be only option for loss-making MTNL if it shuts: Execs. The govt-owned telecom has been making losses for all but one of the past 14 years, and has run up a debt of a staggering Rs 23,500 crore

75% of Indian businesses will increase investment on data streaming: Report. 78% of IT leaders are seeing significant benefits from data streaming in their organisations when it comes to faster strategic decision making, 79% reported improved customer acquisition and retention

Ashok Leyland, Cholamandalam ink pact to offer dealer financing solutions. Hinduja group flagship Ashok Leyland on Tuesday said it has entered into a strategic partnership with Cholamandalam Investment and Finance Company Ltd to offer financing to dealers. The alliance between the automotive major and the financial institution ai

Course5 Intelligence announces second close of million funding round. Investment was led by Nuvama Asset Management, with participation from Carnelian Asset Advisors

PFS initiates process to select new CEO to put behind corporate lapses. PTC India Financial Services Ltd (PFS) has initiated the process of selecting a new chief executive officer as the company leaves behind the past controversies over allegations of corporate governance lapses. According to sources familiar with the matter,

India Inc's revenue grew 11.4% in Q4FY23, but geopolitical tensions remain. According to Icra, sequential recovery in the overall performance of India Inc is contingent upon how well the entities are able to cope with the headwinds going forward

L&T Construction wins orders for its buildings and factories business. As per the company, significant orders are in the range of Rs 1,000 crore to Rs 2,500 crore

FarmersFZ selected for UN's 'Accelerator Programme' for food startups. A Kerala-based startup, Farmers Fresh Zone (FarmersFZ), has been selected for the 'Accelerator Programme by the Food and Agriculture Organisation (FAO) of the UN

Sequoia India renames itself as Peak XV Partners; to operate independently. The rebranding happened after Sequoia Capital (US/Europe), Sequoia China and Sequoia India and Southeast Asia decided to become independent firms with distinct brands

Fintech major PhonePe launches AA Services via wholly-owned subsidiary. Authorised by RBI, an account aggregator (AA) is a licensed entity that can collect financial data with a user's consent

Sonata Software announces partnership with SAP Commerce to drive innovation. / -- Sonata Software, a global Modernization and Digital Engineering company, has announced a strategic partnership with SAP Commerce to drive digital innovation and help businesses accelerate their digital transformation journey. SAP Commerce, a leading e

Wipro launches innovation experience for financial services with Microsoft. Microsoft and Wipro will develop new solutions to help financial services clients accelerate growth and deepen client relationships

TCS launches data exchange and marketplace platform on Google Cloud. The platform enables enterprises to democratise and monetise data across ecosystems

India to offer 5 mn in incentives for battery storage projects: Report. The scheme is intended to boost battery storage projects critical to India's ambitious plan to expand its renewable energy capacity to 500 gigawatts (GW) by 2030

Aditya Birla invests Rs 5,000 cr in jewellery biz, takes on Tata, Reliance. Group to open large-format exclusive stores across the country with its in-house jewellery brands

HDFC Bank suspends senior executive over video of his unruly behaviour. HDFC Bank on Monday suspended a high-ranking employee after a video of his unruly behavior with juniors on meeting business targets went viral on the social media. The country's largest private sector lender has suspended the vice president-rank officer ba

Rebel Foods offers ESOPs worth Rs 550 cr to kitchen, corporate employees. The firm competes with players such as Curefoods, Biryani By Kilo, Box8, and FreshMenu

Byju's files suit against TLB acceleration, eyes Redwood's disqualification. Byju's said that on March 3, 2023, TLB lenders unlawfully accelerated the TLB on account of certain alleged non-monetary and technical defaults

Refex Group commits to plant 100,000 trees across TN in next few years. Diversified business conglomerate Refex Group, which is engaged in refrigerant gases, ash, and coal handling, has pledged to plant one lakh trees across Tamil Nadu over the next few years under its 'Trees for Life' initiative, the company said on Monday. C

Wipro VisionEDGE to power Bowling Center TV's new digital network. Wipro VisionEDGE, BCTV represent a significant breakthrough in the digital signage and out-of-home industry, enabling targeted customer engagement

Bank of Baroda launches cash withdrawal facility via UPI on its ATMs. Bank of Baroda on Monday announced launch of Interoperable Cardless Cash Withdrawal (ICCW) facility wherein a customer can withdraw cash using UPI from the bank's ATMs. "The first public sector bank to launch this service, Bank of Baroda customers as well

J K Cement accords in-principle approval to sign agreement with Toshali. The company will acquire management control and hold 100 per cent of the paid-up capital of Toshali

Adani Group repays loans worth .65 bn to complete prepayment programme. Embattled Adani Group on Monday said it has repaid loans aggregating USD 2.65 billion to complete a prepayment programme to cut overall leverage in an attempt to win back investor trust post a damning report of a US short seller. In a Credit Note released

GM to invest bn in Flint plants to boost heavy-duty truck production. General Motors plans to invest more than USD 1 billion in two Flint, Michigan manufacturing plants for the production of the next-generation internal combustion engine heavy-duty trucks. Gerald Johnson, executive vice president, Global Manufacturing and Su

Maruti Suzuki starts work on solar power plant to achieve carbon neutrality. Maruti Suzuki India on Monday said it has initiated work on two new solar power plants at the company's facilities to strengthen its commitment to carbon neutrality. The two solar power plants, namely 1.85 MWp at R&D Centre, Rohtak, and 20 MWp at Manesar w

Brookfield India Real Estate Trust plans to raise up to Rs 3,500 cr. Brookfield India Real Estate Trust plans to raise up to Rs 3,500 crore through issues of units to institutional investors or preferential allotment of units, mainly to fund its proposed acquisition of two commercial properties. Last month, Brookfield India

Godrej Consumer Products appoints Aasif Malbari as CFO from August 10. Sameer Shah, GCPL's current CFO, will move to a Group role leading consumer investments

NCLT to hear Go First lessors' plea, directs IRP to file reply in one week. Insolvency tribunal NCLT on Monday directed the interim resolution professional of crisis-hit Go First to file a reply within one week over petitions filed by three lessors seeking possession of their aircraft and engines from the Wadia group firm. The thr

Vedanta's Rs 2,632-crore brand fee helps VRL repay part of its debt. This comes after Anil Agarwal-owned holdco raised brand fee to 2% of turnover for its India biz

IndiGo aims to carry 100 million passengers in FY24: CEO Pieter Elbers. IndiGo aims to carry 100 million passengers in the year ending March 2024, as the carrier adds more domestic and international routes, its CEO Pieter Elbers said on Monday. The budget carrier flew 86 million passengers in FY23. At a media briefing on the s

Listed companies garner Rs 63,300-crore from equity, debt in April. Within the equity segment, funds mostly came from preferential allotment of equity shares with companies raising Rs 4,835 crore through the route

Growing beyond years: From 100 to 1.2 mn sellers, Amazon turns 10 in India. Since 2013, when its India e-commerce operations first started, Amazon has invested over .5 billion

Plutus Wealth acquires MTAR Technologies' shares for Rs 247 crore. Plutus Wealth Management on Monday acquired shares of MTAR Technologies for Rs 247 crore through an open market transaction. MTAR Technologies is a precision engineering solutions company. According to the bulk deal data available with the BSE, Plutus boug

Govt gets Rs 4,185 cr through 3% stake sale in state-run Coal India. The government has mopped up Rs 4,185 crore through a three per cent stake sale in state-run Coal India. The holding of the government has come down to 63.13 per cent in the coal producer after the offer-for-sale (OFS), CIL said in a stock exchange filing.

FMCG companies announce sustainable milestones, targets on Environment Day. Leading consumer goods companies -- including ITC, Dabur, Coca-Cola, and DS Group -- on Monday announced new sustainable milestones and targets on World Environment Day. The companies are setting targets like being carbon neutral, scaling up investments in

GE T&D India gets shareholders' nod to appoint Sandeep Zandaria as MD, CEO. GE T&D India has got shareholders' approval through a postal ballot notice to appoint Sandeep Zanzaria as Managing Director and Chief Executive Officer of the company. "All the resolutions as set out in the Notice of the Postal Ballot dated April 17, 2023,

Fintech firm BharatPe appoints Kohinoor Biswas as Head of Consumer Lending. Launched in 2021, postpe is the company's credit-first consumer vertical, which enables customers to avail interest-free credit of up to Rs 10 lakh

Gaurs Group forays into energy sector with 15 MW solar power project in UP. The company shared that this will result in a reduction of 18 thousand tonnes of carbondioxide equivalent annually

Unilever hunts for new chair after botched takeover, investor rows. The company has shaken up its top ranks after appointing activist investor Nelson Peltz to the board last year

Henkel eyes around 30% share of premium hair styling segment by 2025. Hair care brand Henkel, which launched a hair styling product for men on Monday, is eyeing to more than double its market share to around 30 per cent of the premium segment by 2025. The German company, known more for its detergents and was present here til

Paytm's loan disbursals more than doubled to Rs 9,618 crore in Apr and May. The total number of loans via Paytm was up 54% to 8.5 million during the period, as compared to 5.5 million last year

Edtech major Byju's faces deadline for million payment of .2 bn loan. The .2 billion debt is the largest unrated loan by a startup ever. The once high-flying company led by former teacher Raveendran had been trying to strike a deal with creditors to restructure loan

Modi govt made it easier for global tech firms in India: DocuSign prez. It is a lot easier now for global companies, especially in technology zones, to establish a footprint in India compared to a decade ago due to the Modi government's big focus on attracting the FDI from tech companies, according to the newly-appointed India

Paytm becomes merchant payments leader with over 7,500,000 devices deployed. "With our subscription as a service model, strong adoption of devices drives subscription revenues and higher payment volumes, while increasing funnel for our merchant loan distribution," said Paytm

TCS selected as strategic partner of Teachers' Pension Scheme in Eng, Wales. The IT major has been awarded a 10-year contract to manage the second-largest pension scheme in the UK using a platform powered by TCS BaNCS

Lufthansa seeks deeper partnership with Air India, plans to expand flights. Lufthansa's CEO, Carsten Spohr speaks about the expansion plans of the airline and partnership with Air India that could make it the largest airline group connecting India and Europe

TCS bags 10-yr contract for managing Teacher's Pension Scheme in Eng, Wales. The Teachers' Pension Scheme is the UK's second largest public sector pension scheme, with over 2 million members

Westlife Foodworld makes its debut on the National Stock Exchange. Westlife was previously only permitted to trade, but it is now listed on both the NSE and the BSE

L&T Finance to sell bad loans worth Rs 3,022 crore to AMCs: Report. L&T Finance is making this step as part of its efforts to reduce its wholesale finance book, which comprises both infrastructure and real estate loans

Vedanta deploys Volvo electric off-road machines at its iron ore mines. Vedanta Iron Ore Karnataka (IOK) will deploy Volvo's electric off-road machines at its mines in Chitradurga on a trial basis

Salary of Infosys CEO Salil Parekh drops 21% to Rs 56.45 crore in FY23. The annual report of Infosys, for the financial year 2022-23, reveals that the compensation of CEO Salil Parekh amounted to Rs 56.45 crore, compared to Rs 71 crore in the previous year

Nava Ltd more than halves its total liabilities to Rs 1,707 crore. The settlement of arbitration dues from Zambia Electricity Supply Corporation Limited (Zesco) has contributed to an increase in the cash flow of the company

Amazon to waive off seller fee by 10% to celebrate its 10 years in India. Amazon noted in a blog post that the company's goal from the start was to digitise all businesses in order to offer the largest choice of things while leveraging technology

Embassy REIT raises Rs 1,050 crore through NCDs to refinance bank loans. Embassy Office Parks REIT expects to secure interest savings of approximately 138 basis points

Edtech giant Byju's to list subsidiary Aakash Education by mid-2024. Aakash is one of the largest test prep companies for engineering and medical entrance exams in India

Lohum partners MG Motor India for second-life EV battery solutions. Integrated battery recycling and repurposing solutions provider Lohum on Monday said it has teamed up with MG Motor India to develop second-life solutions for the car maker's EV batteries. Under the collaboration, Lohum will reuse end-of-first-life batteri

Tata Power Renewable Energy commissions 110-MW solar power project KSEB. Ashish Khanna, chief executive officer of TPREL, said that this 110 MW solar power project will help meet the green energy requirements of the state of Kerala

Dr Reddy's completes Phase-I study in proposed biosimilar of tocilizumab. Global Phase III study is being initiated to compare the efficacy, safety, tolerability and immunogenicity of DRL_TC with the reference product

Suzlon Group crosses 20 GW installed wind mills capacity worldwide. Suzlon's 20 GW wind energy installations are through 12,647 wind turbines across 17 countries spanning six continents

SBI Cards and Payment Services to raise Rs 3,000 crore through NCDs. The board approved raising of funds by way of issuance of NCDs in one or more tranches, on a private placement basis

Gaurs Group sets up 15 MW solar power plant in Madhya Pradesh at Rs 80 cr. Realty firm Gaurs Group has set up a 15 MW solar power plant near Gwalior in Madhya Pradesh with an investment of Rs 80 crore. The electricity produced by the plant will be integrated into the central grid and utilised for its real estate projects, the com

Daimler enters pre-owned market with launch of 'BharatBenz Certified'. Commercial vehicles maker Daimler India has forayed into the pre-owned business segment under its new brand 'BharatBenz Certified', the company said on Monday. Daimler India Commercial Vehicles is a wholly owned subsidiary of Stuttgart-based Daimler Truck

Go First insolvency: NCLT issues notice in plea by Jackson Aviation. The tribunal directed the insolvency resolution professional (IRP) to file the response within a week

PVR INOX announces opening of new 7-screen multiplex in Bengaluru. PVR INOX, the premium cinema exhibitor in India, on Monday announced the opening of its new 7-screen multiplex at Global Mall, Mysore Road in Bengaluru. The opening marks the sixth multisensory 4DX auditorium in Bengaluru and will augment PVR INOX presence

Veranda RACE expands reach through partnerships with Talent Academy. Veranda RACE is also teaming up with Phire, a placement-oriented training company that offers expert training for recruitment in private banking and BFSI sector

Marico boss Harsh Mariwala shares 8 mantras for a successful business. Marico founder and chairman Harsh Mariwala shares his top 8 mantras to build a successful business with upcoming entrepreneurs

Small plastic water bottles are adding to plastic problem: Nithin Kamath. Zerodha founder highlighted the issue of increased use of small plastic bottles at hotels and airports which is aggravating the problem of plastic waste in the country

Samsung may lose PLI scheme incentives for 1st yr due to invoicing issues. In 2021, the electronics major had claimed a sum of Rs 900 crores as incentive for completing Rs 15,000 crore worth of additional sales than the previous year

Latest stock market News for tomorrow Access previous news reports: 632633634635636637638639640641642643644645646647648649650

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