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NSE share market NEWS tomorrow (02 June, 2023). NSE stocks in NEWS (tomorrow)

NSE share market NEWS tomorrow (02 June, 2023). NSE stocks in NEWS (tomorrow) These are NSE stocks which will be in NEWS tomorrow as on 02 June 2023

Fsn E was amongst the top gainers, currently trading at 135.75 in NSE with 8.5 times change in volumes and 7.61% change in price. Other gainers included Iifl Holdings with 6.344% price change and 3.364 times volumes, Cyient with 6.341% price change and 4.431 times volumes, 8 20 with 5.141% price change and 1.809 times volumes, and Mankind Pharma with 5.077% price change and 2.68 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.

Indraprastha Gas was amongst the top losers, currently trading at 459.25 in NSE with 0.864 times change in volumes and -2.65% change in price. Other losers included Biocon with -2.059% price change and 2.853 times volumes, Angel One with -2.044% price change and 1.749 times volumes, Cg Power with -1.982% price change and 0.541 times volumes, and Adani Enterprises with -1.89% price change and 3.252 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.

Amazon Web Services India and South Asia head Puneet Chandok resigns. The downsizing round is part of the layoffs announcement made in March by Amazon CEO Andy Jassy, which was expected to impact 9,000 employees

Not a merger, only acquisition of life insurance of Sahara India: SBI Life. It also said it is expeditiously working on the process of integrating all these policyholders (of Sahara India Life) in its systems

Apple unlikely to apply for subsidies under PLI 2.0 scheme: Report. Apple will continue to focus on making iPhones in India and make Vietnam a hub to make MacBooks

Tata Elxsi to use blockchain to monitor driver behaviour; partners Cultos. Tata Elxsi's collaboration with Cultos Global is aimed at creating an innovative Driver Reward Program

Zuckerberg introduces Meta Quest 3 ahead of Apple's rumoured VR headset. Meta founder and CEO Mark Zuckerberg has introduced the next generation virtual and mixed reality headset 'Quest 3' which will be launched later this year

Total cargo handling at APSEZ ports jump 19% in May, YTD numbers up 16%. Growth was seen in almost all the ports and in all three segments of its business, the company said

Twitter's trust and safety head, Ella Irwin quits amid drama over film. In yet another high-profile exit, Twitter's head of trust and safety, Ella Irwin, has resigned amid ongoing drama over a film.

Janus Henderson further downgrades PharmEasy valuation to $ 2.7 billion. Several other Indian startups such as Meesho, Swiggy, Byju's, Pine Labs, and Ola have seen similar cuts in their valuations

360 One Asset Management raises Rs 2,130 cr for latest private credit fund. The fund will lend to financially solvent companies and will now take exposure to distressed situations. It has a lifespan of three years

No new Apple store in India till 2025, as company plans global retail push. The California-based tech giant doesn't have plans to open new Apple stores outside of Delhi or Mumbai, and even those will not be launched before 2025

Aurum PropTech to fully acquire home rental platform NestAway for Rs 90 cr. Aurum PropTech on Friday said it will acquire up to 100 per cent stake in home rental platform NestAway Technologies for a cash consideration of up to Rs 90 crore. Founded in 2015, NestAway caters to individuals looking for rental housing in major cities.

E-commerce platform Meesho crosses 500 mn downloads on iOS, Android. E-commerce platform Meesho has become the world's "fastest shopping app" to cross 500 million cumulative downloads across Google Play and iOS App Store, mobile data analytics provider has said. The company has achieved the 500 million download milestone in

Future Lifestyle bankruptcy: RP gets claims of Rs 2,155 cr from creditors. Future Lifestyle Fashions Ltd has received a total claim of Rs 2,155.53 crore from 12 financial creditors in the corporate insolvency resolution process (CIRP) initiated against this Future group company recently. The resolution professional of the company

IndiGo to start direct flights to six destinations in Africa, Central Asia. The country's largest airline IndiGo will start direct flights to six new destinations in Africa and Central Asia, including to Nairobi, Tbilisi and Tashkent, this year. Embarking on "massive" international expansion plans, the carrier will connect Nairobi

Bank of Baroda board approves raising Rs 5,000 crore by March 2024. The capital will be raised when the market is conducive, the bank said

Tata Motors total sales decline YoY, electric cars give firm a boost. Tata Motors sold 74,973 vehicles in May 2023, down 2 per cent year-on-year (YoY) as the automaker made gains in the electric cars (EV) market

AstraZeneca announces launch of cancer medication Tremelimumab in UAE. AstraZeneca has announced the launch of its revolutionary cancer medication, IMJUDO (tremelimumab) in the UAE

Amazon's India, South Asia cloud unit head Puneet Chandok resigns. NEW DELHI (Reuters) -The India and South Asia head of Amazon.com Inc's cloud division, Puneet Chandok, has resigned with effect from August 31, the company said on Friday.

ONGC to maintain financial flexibility as earnings steady, says S&P. This should help the company maintain its good credit quality, despite its investment plans and healthy shareholder distributions, the rating agency said in a statement

Netflix shareholders reject executives' pay packages amid writers' protest. The decision came after the Writers Guild of America sent a letter to the public urging the shareholders of Netflix to reject the new compensation plans

GAIL infuses Rs 2,100 crore in insolvent chemical firm JBF Petrochemicals. India's largest gas firm GAIL has infused Rs 2,100 crore in insolvent private-sector chemical company JBF Petrochemicals Ltd that it had acquired in bankruptcy proceedings. The firm had in March won bankruptcy court approval for taking over JBF. In a stock

Go First's IRP submits 6-month revival plan to DGCA; check details. Go First's revival plan has also received support from 15 of the 20 major travel agents in regard to its ticketing services

Royal Enfield with Triveni Group starts operation of assembly unit in Nepal. Motorcycle maker Royal Enfield on Friday announced the commencement of operations of its assembly unit in Nepal. The unit has been set up in collaboration with the Triveni Group of Nepal. The complete knocked down (CKD) assembly unit has an annual capacity

Netflix, Disney and Amazon to challenge India's tobacco rules for streaming. As part of India's anti-tobacco drive, the health ministry this week ordered streaming platforms should within three months insert static health warnings during smoking scenes

Glamyo Health founders plan to flee, declare bankruptcy: Sacked employee. The FIR, filed by the employee on behalf of 160 laid-off workers, alleged that they were sacked without any prior notice or given clarity on full and final settlements

MotoGP ticket prices in India revealed, ranges from Rs 800 to Rs 1.5 lakh. The cheapest ticket for the inaugural MotoGP race in India will cost as less as Rs 800 while the most expensive will be priced around Rs 1.5 lakh. The Indian promoters of the premier two-wheel racing competition, Fairstreet Sports, will start the tickets s

Institutions lap up Coal India shares with bids worth Rs 6,500 crore. Institutional investors lapped up Coal India shares in this fiscal's maiden government stake-sale, with Rs 6,500 crore bids pouring in on the first day of the offer-for-sale. The government had offered over 8.31 crore shares to institutional investors on T

Dish TV board rejects lenders plan to appoint directors, cites lapses. Media tycoon Subhash Chandra's family lost control of Dish TV after promoter entities defaulted on loans

Royal Enfield sales rise 22% in May at 77,461 units, domestic sale rise 32%. Motorcycle manufacturer Royal Enfield on Thursday said its total sales increased 22 per cent to 77,461 units in May as compared with 63,643 units in the year-ago period. Domestic wholesales increased 32 per cent to 70,795 units as against 53,525 units in M

Indel Money to raise Rs 100 cr via secured non-convertible debentures. Indel Money Limited, a non-bank lender focussed on gold loan, on Thursday said it will raise Rs 100 crore through secured non-convertible debentures (NCDs). The NCD issue of face value of Rs 1,000 each will open on June 6 and close on June 19, the lender s

IIT-Kharagpur partners HCLTech for collaboration in petroleum engineering. IIT-Kharagpur inked an agreement with HCLTech for collaboration in the field of petroleum engineering and earth sciences. HCLTech and IIT-Kharagpur will jointly develop innovative and sustainable solutions to address critical challenges of the petroleum in

India to have 1,900 GCCs, market to be worth bn by 2025: Report. Collaboration and customer-centric business development among factors enabling country's capacity

IKIO Lighting sets Rs 606-crore IPO price band at Rs 270-285/share. LED lighting solution provider IKIO Lighting Ltd on Thursday said it has fixed a price band of Rs 270-285 per share for its Rs 606-crore initial public offering (IPO). The issue will be open for public subscription during June 6-8 and the bidding for ancho

Air India Express, AirAsia India recruit over 800 cabin crew in one year. Tata Group-owned Air India Express and AirAsia India together have recruited more than 800 trainee cabin crew members in the last one year. Besides, Air India Express, which is the international budget arm of Air India, has added over 280 pilots during the

KarmaLife raises Rs 44 cr, startup aims to launch more products soon. KarmaLife on Thursday said it has raised Rs 44 crore in an extension to pre-series funding round led by Krishna Bhupal's family office and existing investors. The round saw participation from existing investors, including Artha Venture Fund, Net Graph Inve

NHPC partners Nepalese utility to develop 480 MW Phukot hydro project. State-owned hydro power giant NHPC on Thursday inked an initial pact with Nepalese utility Vidhyut Utpadan Company for developing a 480 MW Phukot Karnali hydroelectric project. "On 1st June 2023, a Memorandum of Understanding (MoU) has been exchanged betwe

E-commerce firm Shopsy delivers to 16 mn transacting customers in Q1 2023. The platform has witnessed an uptick of 3X growth in units, customers, and sellers in the last year, with over 175 million app downloads, said the company in a statement

WhatsApp bans over 7.4 mn Indian accounts in April to prevent online abuse. In terms of user grievances, the platform received around 4,377 complaints

Auto cos post record sales for May amid better chip supply, high SUV demand. The domestic auto industry's bookings rose 10 per cent in May year-on-year, while the number of enquiries jumped 17 per cent in May year-on-year

Food Corporation of India to conclude recruitment process of 5,159 posts. State-owned Food Corporation of India (FCI) will soon conclude the recruitment process of 5,159 posts of category II and III that were advertised last year. In an official statement, the food ministry said that the FCI "has been one of the leading recruite

TCS denies strict warning to employees in return-to-office policy. Tata Consultancy Services clarified that it had not linked career or compensation to its return-to-office policy, following reports of memos being sent to employees

Radisson Hotel Group signs 11 new hotels across brands this year till April. Global hospitality company Radisson Hotel Group on Thursday said it has signed 11 new hotels across brands between January-April this year in key gateway cities and emerging destinations of the country. These new hotels are present across Hyderabad, Bengal

Aditya Birla Group to invest Rs 1,250 crore into its financial services arm. Aditya Birla Group is set to pump in Rs 1,250 crore into its financial services arm Aditya Birla Capital Ltd. The board of Aditya Birla Capital Ltd (ABCL), which is into lending, asset management and insurance, on Thursday approved a preferential issuance

AstraZeneca receives CDSCO's approval for cancer drug Tremelimumab. AstraZeneca Pharma India on Thursday said it has received approval from the Central Drugs Standard Control Organisation (CDSCO) for its cancer drug Tremelimumab Concentrate to be administered intravenously. The approval for Tremelimumab in combination with

Meesho aims to achieve profitability in FY24, looks to grow revenue. E-commerce platform Meesho is aiming to achieve profitability in FY24 as it looks to increase revenue and optimise costs, according to a senior company official. Backed by SoftBank, the company also plans to surpass a revenue of Rs 10,000 crore by FY25. Wh

Avataar Holdings sells 5% stake in RateGain Travel for Rs 206 crore. Avataar Holdings on Thursday offloaded a 5 per cent stake in RateGain Travel Technologies for Rs 206 crore through an open market transaction. According to the bulk deal data available with the BSE, Avataar Holdings sold 55 lakh shares, amounting to a 5 pe

Edtech major Byju's lenders discard talks to restructure .2-billion loan. Lenders may put pressure on Byju's to liquidate US assets to part-repay

Adani Enterprises scraps deal to buy Rs 3K-crore Macquarie road projects. Adani group was also planning to buy stake of IL&FS in the GRICL

Adani terminates deal to acquire Macquarie's toll road portfolio in AP, Guj. Adani Road Transport, a wholly-owned subsidiary of Adani Enterprises Ltd (AEL), on Thursday said it has decided to terminate the pact to purchase Macquarie Asia Infrastructure Fund's toll road portfolio in Andhra Pradesh and Gujarat for Rs 3,110 crore. On

Meesho becomes world's fastest shopping app to cross 500 mn downloads. Meesho's Android app is the lightest e-commerce app in India on Google Play, according to data analytics provider data.ai

TeamLease co-founder & executive director Rituparna Chakraborty steps down. However, she said that post her break she will continue to be focused on creating more formal jobs

Indiabulls HFC eyes to scale up monthly disbursement to Rs 1,200-1,300 cr. From a sharp decline, the book has flattened out over the last six months

Pay Rs 380 crore to Kalanithi Maran: Delhi High Court directs SpiceJet. Maninder Singh, a senior advocate from Karanjawala & Co, further argued that the amount of Rs. 75 crore had not been deposited yet, resulting in an increased interest liability of Rs 380 crore

UBS revises FY24 GDP growth forecast up by 70 bps to 6.2 pc. Citing a better-than-estimated global growth outlook, lower global crude oil prices and robust services exports, a foreign brokerage has revised upwards its India growth forecast by 70 bps to 6.2 per cent for the current fiscal. House economists at Swiss b

GQG adds more Nvidia, considers increasing exposure to Adani, says CIO. Jain said the asset manager is considering raising its exposure to Adani by participating in capital increases the group announced in May.

HC reserves order on plea by Go First's lessors seeking release of aircraft. Justice Tara Vitasta Ganju of Delhi High Court heard the arguments till 6 pm on Thursday and reserved the order

IL&FS pays Rs 28.8k cr debt by FY23; debt resolution target at Rs 61K cr. Crisis-hit infrastructure finance firm IL&FS has paid a total debt of Rs 28,848 crore as of March 31, 2023, according to the latest affidavit filed before the insolvency appellate tribunal NCLAT earlier this week. The group has resolved debts through monet

Info Edge initiates forensic audit in Rahul Yadav's start-up 4B Networks. Info Edge saw its net profit for the fourth quarter of FY23 reported a loss of Rs 349.5 crore, compared to a profit of Rs 285.7 crore in the same quarter last fiscal

Monthly sales of Rs 25 cr each! Apple's India stores hit it out of the park. Apple's new stores in Delhi and Mumbai have grossed monthly sales of more than Rs 22-25 crore each

L&T to build energy infra for world's largest green hydrogen plant at NEOM. The value of the packages awarded to L&T aggregate to .779 billion

Bajaj Auto records 29% rise in total sales at 355,148 units for May. Bajaj Auto on Thursday reported 29 per cent rise in total sales at 3,55,148 units in May compared to the same month last year. The company had sold a total of 2,75,868 units in May 2022, Bajaj Auto said in a statement. Total two-wheeler sales stood at 3,07

Toyota logs 2-fold growth with highest monthly sales in May at 20,410 units. Toyota Kirloskar Motor on Thursday said its total sales surged two-fold to 20,410 units in May, its highest-ever in a month. The automaker had dispatched 10,216 units in the same month last year. The company said its domestic wholesales last month stood at

Sebi to tighten FPI rules it was forced to dilute for Adani: Congress. A day after the SEBI proposed mandating additional disclosure for high-risk Foreign Portfolio Investors, the Congress on Thursday alleged that the regulator was now looking to tighten the very rules it was "forced to dilute" in 2018 to benefit the Adani Gr

Edtech major Byju's lenders scrap talks to restructure a .2 bn loan. Byju's has to make an interest payment on the loan by June 5

Manappuram Finance launches digital lending app to widen reach. The platform is targeted at customers living in smaller cities and towns of India

TCS set for 'exciting new journey ', says new CEO & MD K Krithivasan. New leader of India's largest IT services firm he is taking up role 'on the strength of friendships and relationships'

Reliance Industries, Jio among top 10 Indian brands in terms of value. Reliance has two brands in the top ten list of Indian brands, as per a recent report

Software firm Capillary Technologies raises mn in Series D round. Funds raised from consortium of investors will be crucial for global expansion efforts and to support M&A strategy, says Capillary

Brookfield acquires controlling stake in CleanMax Solar for 0 million. Canadian investor Brookfield said on Thursday it had acquired a controlling stake in Indian solar-panel maker CleanMax Enviro Energy Solutions for 0 million

Pharma major Lupin receives approval from US FDA for diazepam rectal gel. Diazepam Rectal Gel had estimated annual sales of million in the US

Delhi HC orders SpiceJet to pay Rs 380 crore to Sun Group's Kalanithi Maran. The court's ruling which came out on Monday stemmed from a long-running battle between the Maran family and the current promoter, Ajay Singh, and SpiceJet, over contractual obligations

FAME II subsidy impact: TVS revises IQube prices by Rs 17,000-20,000. Ola Electric, Ather Energy have reportedly slashed prices too after the government revised support programme

Reliance's operating performance to remain resilient over 2 years: S&P. Reliance Industries Ltd's operating performance is likely to remain resilient over the next two years, as the firm's growing presence in the digital and retail segments will temper softer earnings in the energy business, S&P Global Ratings said on Thursday

Hyundai's May sales rises 16% to 59,601 units, domestic sales grew 14.91%. Hyundai Motor India Ltd (HMIL) on Thursday reported 16.26 per cent rise in total sales at 59,601 units in May as compared to the same month last year. The company had posted a total sales of 51,263 units in May 2022, HMIL said in a statement. Domestic sale

Brand discovery platform Magicpin adds 10,000 fashion stores in a year. Gurgaon-based company aims to add another 10,000 stores by the end of 2023

SJVN signs project development pact for 669 MW Lower Arun HEP in Nepal. The company is targeting 5,000 MW projects in Nepal by 2030

WinZO concludes third round of ESOP liquidation for 25% of workforce. Online gaming start-up's announcement comes at a time few start-ups are making such payouts

Apple supplier Foxconn to make iPhones in Karnataka by April 2024. Foxconn, the world's largest contract electronics manufacturer, has set a target of manufacturing 20 million iPhones a year at the plant in Devanahalli, on the outskirts of state capital and tech hub

Samsung launches new OLED TV with Neural Quantum Processor 4K in India. Samsung on Thursday announced the launch of its new OLED TV range which comes with Neural Quantum Processor 4K in India

Juspay to power payments for IndiGo to enhance customer experience. Juspay to power payments for India's leading airline, IndiGo

Coal India share sale: Institutional portion oversubscribed, stock falls. Rs 4,160-cr offer for sale garners bids worth Rs 6,500 cr from institutional investors

WeWork leases 0.22 mn sq ft office space in Bengaluru to open 3 centres. Co-working major WeWork India has taken on lease 2.2 lakh square feet office space in Bengaluru to open three new centres with a cumulative capacity of 3,600 desks. At present, Bengaluru-based WeWork India has over 6.5 million (65 lakh) square feet of area

Ohmium partners with NTPC to manufacture PEM to produce green hydrogen. Ohmium International (Ohmium) and NTPC have partnered to manufacture proton exchange membrane (PEM) electrolysers to produce green hydrogen in India. Ohmium is a leading green hydrogen company that designs, manufactures and deploys advanced PEM electrolyse

Google leads million funding round for Indian space startup Pixxel. Pixxel, founded in 2019, is building a constellation of satellites that have the ability to identify mineral deposits or the productivity of crops by analysing the spectral signature of an image

Competition Commission's DG Atul Verma gets three-month extension. The government has extended the tenure of Atul Verma as the Director General of the Competition Commission of India (CCI) for three months. The Director General (DG) office is the investigation arm of the fair trade regulator. According to an official orde

Aureus Investment, promoter of Sona BLW Precision sells 3.2% stake. Aureus Investment Pvt Ltd, a promoter of Sona BLW Precision, on Wednesday sold a 3.2 per cent stake in the firm for Rs 957 crore through an open market transaction. According to the bulk deal data available with the NSE, Aureus Investment sold 1.90 crore s

Application to terminate leases of Go First's lessors not rejected: DGCA. The lessors of Go First had moved the high court against the DGCA, seeking to deregister their aircraft leased to Go First. This was shortly after the NCLAT upheld the NCLT order on May 22

IndiGo's audacity? Media platform founder complains about high ticket costs. Chaturvedi took to Twitter and shared her disappointment after she had to pay Rs 21,000 for a one-way ticket from New Delhi to Ahmedabad

Sterlite Power uses helicopter to expedite construction of Mumbai Urja Marg. Sterlite Power on Wednesday said it has started aerial operations to expedite the construction of its flagship Mumbai Urja Marg Project (MUML). To fast-track the completion of 400kV transmission corridor connecting Padgha to Khargar, which links Mumbai to

Welspun Corp net profit falls 8.90% to Rs 240 cr in March quarter. Welspun Corp Ltd (WCL) posted an 8.90 per cent decline in its consolidated net profit to Rs 240.08 crore for the January-March quarter, hit by higher expenses. It had clocked a net profit of Rs 263.56 crore during the January-March quarter of the preceding

Government proposes to sell up to 3% stake in Coal India on June 1. The government on Wednesday proposed to sell up to three per cent stake in Coal India Ltd through the offer for sale route from June 1. The Offer for Sale (OFS) will be open for retail and non-retail investors on June 1 and 2. The proposal is to offload 9

TARC posts Rs 1.52 cr profit in Q4, revenue jumps 3-fold to Rs 135.53 cr. Realty firm TARC Ltd has reported a consolidated net profit of Rs 1.52 crore for the fourth quarter ended March 2023. Its net loss stood at Rs 242.74 in the year-ago period. Its total income rose to Rs 135.53 crore in the fourth quarter of the last fiscal

Patanjali promoters to dilute 6% share to meet minimum shareholding norms. Patanjali Foods on Wednesday said its promoters plan to sell shares to institutional investors in June for dilution of a 6 per cent stake to meet minimum public shareholding norms of 25 per cent. Patanjali Foods Ltd (PFL), erstwhile Ruchi Soya Industries,

Centre proposes to sell 3% stake in Coal India via OFS, eyes Rs 4,162 cr. In the last quarter, a spike in share price owing to high coal demand helped CIL achieve its production target

India operation to be among top 3 markets in few years: Trend Micro. Japanese cybersecurity giant Trend Micro on Wednesday said its India operation will become one of its top three markets in the world in the next 2-3 years. The company plans to focus on extended detection and response (XDR) and cloud business to achieve th

Consumer durables companies' demand remains subdued in Jan-Mar quarter. Industrial demand buoyant during Jan-March period

Adani to raise .5 bn from equity share sale in three group companies. Billionaire Gautam Adani's conglomerate is looking to raise about USD 3 billion through an equity share sale to institutional investors in the boldest comeback strategy after the ports-to-energy group was hit by a damning report of a US short seller. While

Jaguar recalls I-Pace electric vehicles due to fire risk in batteries by LG. Jaguar is recalling more than 6,000 I-Pace electric SUVs in the US due to the risk of the high-voltage battery overheating and catching fire. The recall is the latest in a series of electric vehicle battery recalls because of the potential for fires. Docum

Go First lessors' plea for plane delisting shown as rejected due to glitch. The Directorate General of Civil Aviation (DGCA) Wednesday told the Delhi High Court it was due to a technical glitch on its portal that the applications of several aircraft lessors of Go First for deregistration of their planes were shown as rejected'. Th

UK-based abrdn offloads remaining 1.66% stake in HDFC Life Insurance. Among the buyers were Aditya Birla Sun Life Mutual Fund, ICICI Prudential MF, SBI MF, Societe Generale and T Rowe Price

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