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NSE share market NEWS tomorrow (11 July, 2022). NSE stocks in NEWS (tomorrow)

NSE share market NEWS tomorrow (11 July, 2022). NSE stocks in NEWS (tomorrow) These are NSE stocks which will be in NEWS tomorrow as on 11 July 2022

Adani Green was amongst the top gainers, currently trading at 2207.35 in NSE with 19.965 times change in volumes and 14.906% change in price. Other gainers included Blue Star with 8.25% price change and 2.697 times volumes, Himachal Futuristic with 8.031% price change and 2.601 times volumes, Jsw Energy with 7.044% price change and 2.766 times volumes, and Abb Power with 5.972% price change and 7.263 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.

Bharti Airtel was amongst the top losers, currently trading at 660.55 in NSE with 6.84 times change in volumes and -4.977% change in price. Other losers included Tata Consultancy with -4.644% price change and 3.264 times volumes, Hcl Technologies with -4.067% price change and 1.842 times volumes, Persistent Systems with -3.345% price change and 1.244 times volumes, and Bharat Petroleum with -2.89% price change and 2.35 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.

Senco Gold, DCX Systems, HMA Agro Industries get Sebi's nod to float IPOs. Jewellery retail player Senco Gold Ltd, electronic sub-systems and cable harnesses maker DCX Systems and frozen meat exporter HMA Agro Industries have received Sebi's nod to raise funds through IPOs. The companies, which filed their preliminary IPO (Initia

Eureka Forbes names ex-Jubilant Food CEO Pratik Pota as MD & CEO for 5 yrs. 'Pratik will lead the management team to continue scaling the business, solidifying Eureka Forbes' market leadership position, and delivering innovative products,' says PE firm Advent International

Loan disbursements for Paytm up nine-fold to over Rs 5,550 crore. The number of loans disbursed through our platform grew 492% y-o-y to 8.5 million loans in the quarter ending June 2022, while the value of loans disbursed grew 779% y-o-y to Rs 5,554 crore (3 mn)

IndiGo's 75 new Airbus aircraft to be outfitted with Recaro's seats. IndiGo's 75 new Airbus aircraft will be outfitted with "comfortable" seats of German company Recaro from January 2023 onwards to upgrade passenger experience, a statement said on Monday. IndiGo's current fleet of over 280 Airbus aircraft are equipped with

'Adani Grp's spectrum plans to fuel competition in auctions, enterprise 5G'. 'We consider this news negative for incumbent telcos as it increases competition in upcoming auction bidding as well as in the long-term opportunity to target the enterprise space,' says BofA

Big Tech games system many times: Chandrasekhar after Uber Files report. Chandrashekhar added that innovation would grow along with a citizen's right to open a trusted and accountable Internet under the Modi government.

Unacademy to cut down expenses, will float IPO in two years: CEO. There will be no business class travel for any employee including top founders and top management and dedicated drivers for top executives will also be removed, says CEO

Murugappa Group to enter EV business, launch three-wheelers by Sept. Murugappa Group will also manufacture electric tractors this year through subsidiary

Cheating case filed against SpiceJet MD Ajay Singh, others in Gurugram. A case of fraud has been registered against SpiceJet Chairman and Managing Director Ajay Singh and others for allegedly cheating a Gurugram resident by delivering fake share certificates to him.

Looming Musk-Twitter legal battle hammers social media company's shares. Shares of Twitter slid more than 6% at the opening bell Monday after billionaire Elon Musk said that he was abandoning his billion bid for the company

Unacademy's lessons on frugality: Pay cut for founders, no biz class travel. Founders have already taken salary cuts and this would be applied to the management as well

Mercedes-Benz in top gear, sees the highest ever June quarter sales. Deliveries in the first half of 2022 also advanced at a brisk pace, soaring 56 per cent to 7,573 units in the January-June period

Nomura Singapore buys 1.25 mn shares of BLS International worth Rs 27 cr. Global financial services firm Nomura Singapore on Monday purchased 12.5 lakh shares of technology services provider BLS International Services Ltd for Rs 27 crore through an open market transaction. According to bulk deal data available with the National

Billionaires are vying for Metro's Indian wholesale unit: Report. Thailand's CP Group, Reliance have submitted non-binding bids, according to people familiar with the matter; Amazon is also considering entering the race with an offer

IndiGo to 'rationalise' salaries of technicians following mass sick leaves. A sizeable number of the airline's aircraft maintenance technicians went on sick leave on Saturday and Sunday in Hyderabad and Delhi to protest against their salaries

Frontier Airlines asks Spirit to delay vote as cracks emerge in deal. Frontier Airlines, facing likely defeat in its bid to merge with Spirit Airlines, is asking for another delay in a shareholder vote on the deal. Frontier CEO Barry Biffle said in a letter made public Monday that his airline is very far from winning approva

HDFC Life invests in 'Z3Partners Tech Fund' to aid digital entrepreneurs. Z3 Partners has already backed startups like Cyfirma, DealShare, Gramophone, Shipsy, and True-Fan

Spandana Sphoorty's Q4 consolidated net profit declines 42% to Rs 28.6 cr. The MFI aims to double assets to Rs 15,000 cr by FY25

Is Tata copying Adani, Reliance with its green turn?. A host of Tata companies have come together to create an EV ecosystem. Tata Power has committed a .5 bn investment for its renewable energy business. Let us find out more

Paytm's Apr-Jun loans disbursal jumps nine-fold to Rs 5,554 crore. The company had disbursed 14.33 lakh loans worth Rs 632 crore in the year-ago period

Aerem raises .5mn in pre-series A funding led by Blume Ventures. Aerem was founded in 2021 by Anand Jain who comes with a strong background in both financial services and solar

Australia's Woodside to invest mn in methane recycling firm String Bio. The investment is a part of Woodside's goal to spend billion on new energy and low-carbon services by 2030, in line with a global push for cleaner energy

HCL Q1FY23 result tomorrow: Here's how company performed in last 4 quarters. The company is expected to post a revenue growth of 2.9 per cent QoQ on a constant currency basis, brokerage firms predicted

Wipro announces quarterly promotions for top performers amid high attrition. Wipro plans to boost the salaries of most of its workforce by 10% in September 2022. The top performers are likely to receive a 15% hike

Wipro PARI acquires Germany-based Hochrainer GmbH for undisclosed sum. Hochrainer GmbH, a family-owned company, has been in operations since 1973 and employs around 130 people, Bengaluru-headquartered Wipro said in a statement

Coal India's capex rises 65% to Rs 3,034 crore in June quater of FY23. Coal India's capital expenditure was Rs 1,841 crore in April-June period of last financial year

L&T Construction bags orders to build data centres in Mumbai, Navi Mumbai. Larsen & Toubro (L&T) on Monday said it has bagged significant contracts to build data centres of capacities totalling 10.8 MW at Mumbai and Navi Mumbai. The company will design, build and would be involved in supply work, among others for the data centres

Agro-chemical firm GSP Crop Science plans Rs 500-cr IPO next year. Agro-chemical firm GSP Crop Science Pvt Lt is looking to launch a Rs 500-crore IPO (Initial Public Offering) by next year, according to its managing director Bhavesh Shah.

Byju's struggles to close 0-mn funding as investors balk amid tech rout. Investors including Sumeru Ventures and little-known firm Oxshott haven't transferred about 0 million of the targeted amount because of 'macroeconomic reasons'

Mercedes-Benz India clocks highest ever sales of 7,573 units in June quater. The company had sold 4,857 units in the April-June period of 2021

IOC, BPCL, HPCL may post Rs 10,700-cr combined loss in Q1: Report. ICICI Securities said the companies are losing Rs 12-14 per litre on petrol and diesel, completely offsetting the strong refining performance during the quarter

Elon Musk's SpaceX sends 46 Starlink satellites on Falcon 9 into orbit. Billionaire Elon Musk's space venture SpaceX has successfully launched 46 Starlink satellites to low-Earth orbit.

Indian pharma industry may rebound to 8-11% growth rate, says Alkem. Alkem Laboratories expects the Indian pharmaceutical industry to rebound to 8-11 per cent growth rate with normalcy in activities as the pandemic eases out

Unacademy 'not efficient' in finances, will shut some businesses: CEO. Unacademy, valued at .44 billion, will restrict business class travel end meals and snacks as complimentary perk at the startup

TCS shares fall nearly 5% after Q1 earnings; m-cap declines by Rs 55,471 cr. Shares of Tata Consultancy Services (TCS) on Monday fell nearly 5 per cent, wiping out Rs 55,471.22 crore from its market valuation, after the company's June earnings failed to meet expectations.

SpiceXpress to be hived off from SpiceJet by Aug first week: Ajay Singh. Banks and shareholders have given their approval to hive off cargo and logistics company SpiceXpress from SpiceJet airline, the carrier's CMD Ajay Singh said

Muthoottu Mini looks at 60% sales growth this fiscal at Rs 4,000 cr. Gold loan player Muthoottu Mini Financiers is looking to grow its loan sales by over 60 per cent in this fiscal to around Rs 4,000 crore as it embarks on a faster expansion

Godrej Appliances to invest Rs 200 crore in capacity expansion in FY23. Godrej Appliances is targeting a turnover of Rs 5,500 crore in 2022-23 and around 35 per cent of the sales will be contributed from its premium range of products, a top company official said. Besides, Godrej Appliances is also investing Rs 200 crore in the

NMDC keen to invest in green energy capacities, says CMD Sumit Deb. Mining major NMDC has plans to invest in the renewable energy sector, said chairman and managing director Sumit Deb

FMCG companies expect demand recovery, price stability in next quarter. With commodity prices peaking out, major FMGC players in India expect a recovery in demand in both rural and urban markets going forward aided by price stability

Aurobindo Pharma to develop complex products, expand global footprint. Aurobindo Pharma remains focused on developing complex and differentiated products in multiple areas to drive the next phase of growth

Alibaba, Tencent fined in China for not complying with anti-monopoly rules. Chinese market regulator has imposed a fine on the two tech companies as a part of its crackdown on monopolistic practices. It has also released a list of deals that violated the rules

JSW in talks with PEs, foreign banks for Mytrah Energy acquisition. JSW group's JSW Energy has targeted to add 15GW renewables to its portfolio with an investment of billion by 2030

Accolite to raise headcount in India by over three-fold to 8,500 in 3 years. Texas-based IT firm Accolite Digital plans to raise headcount by over three-fold in India to around 8,500 in the next three years, a top company official said.

CEOs expect better job creation despite monetary tightening in H1FY23. A majority of CEOs in the poll anticipate improved job creation prospects in their companies in the first half of FY23, even as expectations of monetary tightening are pervasive

Startup funding in India declined 40% between April and June, says PwC. Geo-political instability appears to be taking a toll on the Indian startups with the total funding declining by 40 per cent to USD 6.8 billion in the April-June quarter, reveals a PwC India report.

It's Ambani vs Adani at 5G auction, but no direct market clash yet. For years they tiptoed around each other but now the groups led by Mukesh Ambani and Gautam Adani will for the first time be in direct competition in the 5G auction this month

M&M open to investing in EV battery cell maker to secure supplies: CEO. Mahindra on Thursday raised 0 mn from British International Investment for its new electric vehicle unit at a .1-bn valuation

IndiGo's technicians go on sick leave in Hyderabad, Delhi over low wages. IndiGo had cut salaries of a large section of its employees when the COVID-19 pandemic was at its peak

With Europe slowing, TCS says North America to drive its growth in FY23. The IT major indicated that clients in Europe are more cautious on tech spends given the possibility of deeper recession and ongoing conflict in Eastern Europe, leading to delays in decision making

IndiGo's aircraft technicians go on sick leave to seek salary revision. Across the sector, technician salaries are low and Covid-19 pandemic worsened the problem as some airlines resorted to pay cuts

UAE's Lulu Group expands in country of its founder Yusuff Ali. Abu Dhabibased supermarket chain Lulu Group opened a mall in Lucknow on Sunday as it expands in the country of its founder Yusuff Ali.

UAE-based billionaire Yussuf Ali's Lulu Group enters UP with supermarket. Known for its sprawling business interests worldwide, billionaire Yussuf Ali-led Lulu Group is now entering northern India with one of the largest supermarkets in Uttar Pradesh

Former VSNL chief, 'father of internet in India', B K Syngal dies. Under his watch, VSNL rolled out India's internet service and launched its then biggest global depository receipt issue.

Top headlines: Adani may join spectrum race, Musk pulls out of Twitter deal. Elon Musk pulls out of Twitter deal, micro-blogging platform vows legal fight

Necessary for us to comply with legal request: Razorpay CEO on Alt News. Amid the controversy over sharing transaction data of Alt News with the Delhi Police, Razorpay Co-founder and CEO Harshil Mathur said that it was necessary for them to comply with the legal request

Tata Motors hikes passenger vehicle prices to offset rising input costs. Tata Motors on Saturday said it has increased prices of its passenger vehicle range with immediate effect to partially offset the impact of rising input costs

Home-builder BuildNext raises .5 mn in funding round led by Pidilite. BuildNext, a Kochi based tech-enabled home builder has raised 3.5 million dollars in a 'pre-series A' funding led by Pidilite Industries'. BuildNext has also secured funding from existing investors Konglo Ventures and FatEngine among others. The company, i

India's EV sector seeing 108% job growth, women rising to the top: Study. It revealed that the engineering function dominates the EV sector, followed by operation, sales, quality assurance, business development, IT, human resource and marketing.

D-Mart Q1 profit jumps six-fold to Rs 642.89 cr, sales almost double. Avenue Supermarts Ltd, which owns and operates retail chain D-Mart, on Saturday reported over six-fold jump in its consolidated net profit to Rs 642.89 crore for the quarter ended on June 30, 2022, helped by a "very good recovery" in overall sales and a co

5G: Adani Group to join spectrum bid; won't enter consumer mobility space. Adani Group applied to participate in the 5G auction on Friday and will compete with the likes of Reliance Group and Bharti Airtel for spectrum but for private captive networks

Amnesty India rubbishes ED allegations; says govt curbing critics. ED alleged that London-based Amnesty International sent huge sum of foreign contribution to its Indian entities, during Nov 2013-June 2018 in ''guise of business activities,'' to escape FCRA scrutiny

Fourth quarter numbers being rechecked post-ransomware, says SpiceJet. The airline said its Q4 FY22 financial result was prepared before the ransomware attack

Pharma companies with quality compliance to be stronger: Piramal. Pharmaceutical businesses that have a strong track record of quality compliance and can remain agile towards new regulatory requirements, will emerge stronger as the impact of the pandemic decreases, according to Piramal Enterprises Ltd Chairman Ajay G Pir

DoT gets applications from 4 firms to participate in 5G spectrum auction. The applicants include three telecom service providers - Bharti Airtel, Reliance Jio and Vodafone Idea

Adani may join telecom spectrum race, compete with Reliance Jio, Airtel, Vi. The telecom department's upcoming auction includes the coveted 5G band needed for high-speed internet connectivity

Top headlines: TCS beats street estimates, ED fines Amnesty India, and more. TCS' net profit grew 5.2 per cent year on year, and 2.5 per cent sequentially to Rs 9,478 crore in Q1FY23, but missed estimate of Rs 9,850 crore

SBI to auction NPA a/c Pioneer Gas for recovery of over Rs 180-cr loan. SBI will auction the account of Maharashtra-based Pioneer Gas and Power next month to recover loan dues of over Rs 180 crore from the company.

Fortis Healthcare aims to add 1,500 beds in 5 years to enhance presence. On the clinical front, the company said it expects to continue to strengthen its existing specialities and build new medical programmes.

M&M, British Int'l Investment to build portfolio of five e-SUVs by 2027. At .1 billion valuation, BII will have a stake of 2.75-4.76% in the new EV company

Indonesia's Bara Daya Energi outbids Adani in CIL tenders for coal imports. The Indonesian company quoted Rs 4,331 crore for the eastern coast tender and Rs 4,497 crore for the west coast.

Delhi HC asks ED to consider Vivo's representation on freeing bank accs. ED's money-laundering probe into Vivo revealed the company, to avoid paying taxes in India, remitted about Rs 62,476 crore of its turnover to China between 2017 and 2021

HAL, Safran sign agreement to create JV to build helicopter engines. HAL and Safran's existing partnerships include the Shakti engine that can propel helicopters to altitudes above 20,000 ft where the Indian Army is deployed.

Srei Equipment Finance's auditor Haribhakti resigns from immediate effect. In a letter to administrator of Srei Equipment Finance, Haribhakti cited RBI guidelines for the appointment of statutory central auditors /statutory auditors of commercial banks

No signs of slowdown in attrition at TCS; firm says it has enough hands. TCS which had shared in Q4 of FY22 the hiring target of 40,000 for FY23, said the target remains

Zee Entertainment's two promoter entities settle a case with Sebi. It was alleged that the entities violated insider trading norms and disclosure lapses under SAST (Substantial Acquisition of Shares and Takeovers) regulations.

Zydus Life launches generic version of Sitagliptin for type 2 diabetes. Zydus Lifesciences Ltd on Friday said it has launched the generic version of sitagliptin in India under the brand names Sitaglyn and Siglyn to address type 2 diabetes.

Adani planning to enter telecom spectrum race; to face Jio, Airtel: Report. If the Adani group participates in the 5G auction on July 26, it will be the first direct competition with Ambani

Airtel Africa clears dues worth 0 mn, purchases notes via tender offer. The company had issued a tender offer to purchase USD 300 million worth of its 5.35 per cent guaranteed senior notes of billion due 2024.

Can incidents involving SpiceJet be brushed aside as blip?. Nine technical glitches in the last two months in SpiceJet are not only unusual, but alarming too. Find out if the incidents can be brushed aside as aberrations? Or does it call for a reality check?

What is behind reliance retail's expansion spree?. Reliance recently partnered with GAP to bring the luxury brand to India. Reliance has also brought home some 35 international brands. Let's explore the growth strategy of Reliance Retail.

UK's BII, M&M to invest 0 million in new EV entity valued at billion. The total capital infusion for the EV Co. is envisaged to be approximately Rs 8,000 cr/ billion between FY24 and FY27

TCS Q1FY23 results today: How the IT giant performed in last four quarters. TCS's demand commentary could be strong even as margin may be hit due to wage hikes, according to Motilal Oswal

Passengers start avoiding SpiceJet after mid-air safety failures: Survey. Passengers are starting to avoid SpiceJet Ltd. after a series of mid-air safety failures, according to a survey, dealing a blow to the cash-strapped airline

Huawei India sent Rs 750 crore to parent firm even as revenues fell: Report. The I-T department has accused Huawei's Indian unit of repatriating large amounts to the parent company in China to reduce its taxable income here

How Indian cement maker Ultratech bought Russian coal using yuan. There is no suggestion that the purchase, the particulars of which have not previously been reported, in any way breaches sanctions imposed on Russia in the wake of its invasion of Ukraine

GMR airports joint venture starts operating Indonesia's Medan airport. GMR Group on Friday said its joint venture Angkasa Pura Aviasi has started operating the Kualanamu International Airport in Medan, Indonesia

City Union Bank, Shriram Gen Insurance tie up for distribution of products. Shriram will offer personal insurance products such as motor, personal accident, home and travel along with commercial ones such as property, marine and engineering to bank's customers

Thomas Cook inks pact to promote Turkiye in India as tourist destination. Travel services company Thomas Cook India on Friday said it has signed an agreement with group firm SOTC and Turkiye Tourism for promoting the West Asian country as a tourist destination in India

Oberoi Realty Q1 sales booking jumps manifold to Rs 752 crore in June. In terms of volume, Oberoi Realty's sales bookings stood at 4,01,182 square feet in April-June 2022 as compared to 92,128 square feet in the year-ago period

Mahindra aims to lead electric SUV sales in India with new EV unit. India's EV market, dominated by Tata Motors, represents only 1% of the country's annual sales of about 3 million vehicles

e-con Systems opens new site in Bengaluru, eyes million funding. e-con Systems plans to ramp up employee base by 50%, with focus on salesforce and R&D personnel

CoinSwitch appoints former Myntra VP as head of crypto engineering. Sudheer Tumuluru joins CoinSwitch from Myntra where he was VP-engineering. With two decades of experience, he has built cloud, Big data and infrastructure platforms at tech firms in India and US

TCS Q1 net profit rises 5% to Rs 9,478 cr, revenue surges 16.2%. The consolidated revenue of the IT major grew to Rs crore in the quarter under review from Rs 45,411 crore a year ago

Blue Star eyes Rs 10k cr revenue in medium term, to enter western countries. Air conditioning and commercial refrigeration major Blue Star aims to grow its revenue to Rs 10,000 crore in the medium term and plans to enter North American and European markets, according to the latest annual report of the company. The company is now ge

Mahindra Holidays plans to add 1,000 rooms in next 2-3 yrs: Chairman. Mahindra Holidays & Resorts India Ltd (MHRIL) plans to add at least 1,000 rooms in the next two to three years, according to company Chairman Arun Nanda. In his address to shareholders in the company's annual report for 2021-22, Nanda said the firm is look

Nokia partners with IISc to set up networked robotics center of excellence. The Center of Excellence (CoE) will promote inter-disciplinary research involving robotics and advanced communication technologies in 5G and Artificial Intelligence (AI), a joint statement said.

Bennett Coleman's top managers questioned by ED in FEMA violation: Report. A few firms based in the British Virgin Islands were dealing with BCCL. The ED has found transactions of about Rs 900 crore, which are now under the lens of the anti-money laundering agency.

Vivo moves Delhi HC challenging freezing of various bank accounts by ED. Vivo said the orders against it are in stark contravention to the mandate of Section 17 of the PMLA, as the same do not entail any reasons for freezing

Tata Motors global wholesales up 48% to 316,443 units in April-June quarter. The company's global sales of all passenger vehicles were at 2,12,914 units, up from 1,61,780 units in June quarter of FY22

Latest stock market News for tomorrow Access previous news reports: 855856857858859860861862863864865866867868869870871872873

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