NSE share market NEWS tomorrow (08 July, 2022). NSE stocks in NEWS (tomorrow)
NSE share market NEWS tomorrow (08 July, 2022). NSE stocks in NEWS (tomorrow) These are NSE stocks which will be in NEWS tomorrow as on 08 July 2022
Srf was amongst the top gainers, currently trading at 2175.50 in NSE with 2.267 times change in volumes and 4.952% change in price. Other gainers included Cyient with 4.752% price change and 1.673 times volumes, Larsen Toubro with 4.739% price change and 3.838 times volumes, Oil India with 4.333% price change and 0.988 times volumes, and Bharat Dynamics with 3.138% price change and 4.522 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.
Torrent Pharmaceuticals was amongst the top losers, currently trading at 1466.70 in NSE with 3.211 times change in volumes and -50.257% change in price. Other losers included Fsn E with -4.091% price change and 0.619 times volumes, National Buildings with -3.14% price change and 0.291 times volumes, Bandhan Bank with -2.754% price change and 1.077 times volumes, and Ashok Leyland with -2.635% price change and 1.337 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.
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
ONGC, OIL big winners of OALP-VII bid; govt offers 10 block in OALP-VIII. State-owned ONGC, OIL and GAIL walked away with most of the eight blocks offered for exploration and production of oil and gas in the OALP 7th bid round even as the government launched the next round
Nuberg Engineering to build Rs 650 cr SRU project at IOCL's Koyali refinery. Last year IOC had signed an MoU with Gujarat for adding petrochemical and lube plants to its previously announced plans to expand crude oil processing capacity at the refinery
Centre seeks bids from i-bankers to assist stake sale in Hindustan Zinc. The Centre plans to sell its residual stake in the company promoted by Vedanta in open market in tranches, the proposal said
Aviation in focus: SpiceJet stock has worst showing in Asia Pacific region. A settlement with Boeing on 737 Max on outstanding claims last November was a positive trigger for the stock
Akasa Air gets air operator certificate from DGCA; to take off by July-end. The airline hopes to have 18 aircrafts by the end of financial year (FY) 2023
ICICI, Axis, HDFC Bank allowed to offer services to DefMin in global buys. These private banks will provide Letter of Credit (LC) and direct bank transfer business for overseas procurement by the defence ministry
Power Finance Corporation inks pact with JBIC for 0-million loan. "PFC has signed a loan agreement for JPY 30 Billion with Japan Bank for International Cooperation (JBIC) on 7th July, 2022," the company said in a statement
Reconsider Cairn UK's complaint against Vedanta: SAT to Sebi. The tribunal has asked Sebi probe the violations and "take it to its logical conclusion within six months from today"
Vivo India transferred Rs 62,476 crore to China to avoid paying taxes: ED. According to the agency, 18 companies helped the smartphone maker to transfer 50 per cent of the turnover outside India, mainly China
Digital manufacturing firm Zetwerk elevates Ankit Fatehpuria as co-founder. The firm said he will now be even more closely involved in helping Zetwerk's mission to modernise manufacturing and to build an enduring company
Akasa Air gets Air Operator Certificate; to start services this month. According to the airline, it will commence commercial operations later this month with two aircraft and subsequently add planes to its fleet every month
NSE co-location case: CBI opposes bail plea by former GOO Anand Subramanian. The CBI has arrested Executive Director of Power Grid Corporation of India B S Jha and five officials of Tata Projects, including its Executive VP Deshraj Pathak and Assistant VP R N Singh.
Vedanta to buy Athena Chhattisgarh Power for Rs 564 crore. Vedanta Ltd on Thursday said it will acquire debt-ridden Athena Chhattisgarh Power Ltd for Rs 564.67 crore. Liquidation process for the company was initiated in March last year. The acquisition for a purchase price of Rs 564.67 crore is likely to be comple
Food firm iD Fresh grants ESOP, says it aims to create '100 crorepatis'. iD Fresh said it aims to create 100 millionaires in the next three years by offering employees high-value shares (ESOPS)
Rajesh Nambiar loses 'executive' role at Cognizant, to remain India head. Rajesh Nambiar shall remain Cognizant CMD and executive Vice-President of India
IT companies' revenue growth to slide sharply in FY23, says report. Revenue growth from the BFSI segment, which constitutes nearly a third of the revenues for the sector, will remain healthy at 15-17% this fiscal versus 18% last fiscal, the Crisil report said
Tata Power plans Rs 75k-cr capex push in green energy: Chandrasekaran. Company advances net-zero carbon target by five years, saying will achieve it by 2045
Mother Dairy cuts prices of soyabean, rice bran oils by up to Rs 15/litre. Mother Dairy, which is one of the leading milk suppliers in Delhi-NCR, sells edible oils under the Dhara brand
Byju's strengthens senior leadership in tech-first approach to growth. Early this year, Byju's had announced the appointment of Mani Bansal and Maneesh Agrawal to lead key tech functions in an effort towards strengthening its tech vertical
Power Finance Corporation inks loan pact with JBIC for JPY 30 bn. The funds would be used by PFC to finance its renewable energy portfolio
Jaguar Land Rover reports 37% decline in retails sales in June quarter. JLR, however, said it continues to see strong demand for its products, with global retail orders again setting new records in the quarter
Dr Reddy's Lab says its Andhra plant gets two observations from USFDA. Dr Reddy's Laboratories Ltd on Thursday said the US health regulator has issued Form 483 with two observations after inspecting its manufacturing facility located at Srikakulam in Andhra Pradesh. As per USFDA, Form 483 is issued to a firm's management at t
Sanjiv Puri elected CII VP for FY23, R Dinesh as President Designate. ITC chairman and managing director Sanjiv Puri has been elected the Vice President of CII for 2022-23, while TVS Supply Chain Solutions Executive R Dinesh has become the new President De
Vedanta acquires debt ridden Athena Chhattisgarh Power for Rs 565 cr. According to Vedanta, the deal will be completed in the current financial year, fulfilling its power requirement for its aluminium business
Burman family become promoters of Eveready, will appoint directors. The Burmans are expected to appoint three non-executive directors to the Eveready board
Petronet touches 3000 LNG ship handling at Dahej terminal, to up capacity. Petronet said is undertaking a highly cost-effective expansion of its regasification capacity of the Dahej LNG Terminal, from 17.5 to 22.5 million tonnes per annum
Chinese directors of firm associated with Vivo fled India last year: ED. The official corrected the report which mentioned that Zhengshen Ou and Zhang Jie were directors of Vivo and they fled when the ED intensified its inquiry into the money laundering case
SAT quashes Sebi penalty of Rs 2,00,000 in ArcelorMittal Nippon Steel case. The ruling comes after an appeal was filed against the Sebi order that had levied Rs 2 lakh fine on Essar Steel for not making the requisite disclosure under LODR rules
JSW Steel consolidated output rises 16% to 5.88 million tonnes in Apr-Jun. On a quarter-on-quarter (q-o-q) basis, the production was 2 per cent down from 5.98 MT in January-March 2022
ED raids at Vivo, other firms will 'chill investment confidence': China. As the ED raided 44 locations in 22 states on Tuesday and Wednesday, the directors of some of the companies associated with Vivo fled India
IndiGo hikes pilot salaries by a further 8%, restores overtime allowance. Indigo had announced a 28% pay cut for pilots in 2020 and had announced an 8 per cent increase in April this year
Nykaa's parent FSN E-commerce soars 5% after men's innerwear brand launch. Shares of FSN E-Commerce Ventures, the parent of cosmetics-to-fashion retailer Nykaa, jumped 4.8% on Thursday, a day after it said its fashion segment was expanding into the men's innerwear
Indian startups raised .9bn in the June quarter, down 33% sequentially. The top startups in terms of fundraising this quarter include VerSe (5M- Series J), Delhivery (4M- Series J), and udaan (5M- Series D)
Dolo-650 manufacturer faces raids by I-T dept in tax evasion case. A team of more than 20 officers associated with the I-T dept conducted the raids on the pharma company's Race Course Road office
IndiGo says no smoke was detected on Raipur-Indore flight on Tuesday. The statement comes a day DGCA officials said the cabin crew of the IndiGo Raipur-Indore flight observed smoke in the plane after it landed at its destination on Tuesday
Brent holds above 0 in tussle between supply and recession fears. By Noah Browning
Ajmera Realty & Infra Q1 sales bookings jump over 3-fold to Rs 400 crore. Ajmera Realty & Infra India Ltd on Thursday reported an over three-fold jump in its sales bookings to Rs 400 crore for the quarter ended June on better demand. Its sales bookings stood at Rs 111 crore in the year-ago period, the company said in a statement
Collectors should crack whip on violators of service charge norms: CCPA. Amid rising complaints related to levying of service charge by hotels and restaurants, regulator CCPA has asked state chief secretaries to create awareness about the new guidelines
BHEL commissions 100-MW floating solar photovoltaic plant in Telangana. The plant is installed across the natural raw water reservoir, saving valuable land resources, and also conserves water by reducing evaporation, a company statement said
Ahead of demerger, Piramal Pharma inducts three new board members. Piramal Enterprises has received shareholders' approval to demerge its Piramal Pharma business and simplify the corporate structure
Security clearance for Air India CEO-designate soon, says official. Tata Sons, which took over the loss-making airline on January 27 this year, announced the appointment of Wilson on May 12
Piramal Enterprises gets shareholders' nod to demerge pharma business. The company has received 99 per cent of votes at the shareholders meeting held on Tuesday, PEL said in a statement
Fintechs funded by China money generated Rs 950-crore slush funds: ED. Fintech companies brought the funds to be lent to the public, did MoU (memorandum of understanding) with "defunct" NBFCs for their lending licence, it said
Rental income of retail malls to increase by 30% in FY23, says report. Rental income of retail malls is expected to increase by 30 per cent in this financial year compared to the last year mainly driven by pent-up demand, vaccination cover and resumption of multiplexes
Shriram Transport Finance gets shareholders' approval for merger with SCUF. Shriram Transport Finance, which is part of the Shriram Group, now awaits approval from Shriram City Union Finance shareholders and creditors and NCLT, CCI and Irdai
PNB puts up for sale NPA account of Burnpur Cement to recover over Rs 50 cr. State-owned PNB has put up for sale the account of loss-making Burnpur Cement of West Bengal and has invited bids from Asset Reconstruction Companies (ARCs) to recover loan of over Rs 50 cr
Power Grid board approves proposals to raise up to Rs 11,000 crore. The board of state-owned Power Grid Corporation of India Ltd (PGCIL) on Wednesday approved two proposals to raise up to Rs 11,000 crore through the issuance of bonds and term loans. The proposals to raise Rs 11,000 crore have been approved in a meeting of
Rising fuel cost short-to-medium term constraint, says Sanjiv Goenka. The rapidly rising cost of fuel, owing to the Russia-Ukraine crisis and demand-supply factors, is a short-to medium-term constraint, CESC Chairman Sanjiv Goenka has said. Goenka said in such a scenario, it is vital that power producers and distributors are
Tata Chemicals has no EV plant plan, lines up Rs 5,000-crore capex. Tata Chemicals' consolidated turnover for financial year 2021-22 (FY22) grew 24 per cent to Rs 12,622 crore over the previous year
Dr Reddy's says it aims to triple reach to 1.5 bn patients by 2030. Under its sustainability goals for the next decade, Dr Reddy's said it is making its "products accessible and affordable for patients" and "25 per cent of new launches to be first to market by 2027"
Amazon India to host Prime Day sale event on July 23-24, offer new products. Small and medium businesses will offer more than 2,000 products, says company
Raids on Vivo: China hopes for a 'truly fair' probe in accordance with law. China on Wednesday expressed hope that India will conduct the ongoing investigations into the Chinese mobile manufacturer firm Vivo in accordance with the law and regulations
Titan's sales nearly tripled in Q1, helped by low base and non-disruption. While, its jewellery division, which contributes around 85 per cent of its revenue, reported 207 per cent growth and added 19 new stores during the quarter, taking the total count to 463.
Dabur says business resilient as 'unprecedented inflation' hits FMCG. Dabur's food and beverages vertical saw strong double-digit growth in the quarter on the back of improving out-of-home consumption, innovation, and intense summer season
US Fashion brand Gap returns to India, signs deal with Reliance Retail. Reliance Retail will be the official retailer for Gap in India, mixing exclusive stores and digital commerce platforms.
Bharti Airtel International enhances buy back tender offer to 0 mn. The company had issued a tender offer to purchase USD 300 million worth of its 5.35 per cent guaranteed senior notes of USD 1 billion due 2024.
India's deal street hits all-time high of 0 bn in H1CY22 on mega mergers. The mega USD 60-billion merger of the HDFC twins, USD 10.5-billion Adani-Holcim deal along with USD 2.7-billion LIC share sale in the June quarter pushed the deal market to an all-time high of USD 130.3 billion in the first half of 2022, a report said on W
TVS Motor launches Ronin motorcycle for premium lifestyle segment. Ronin motorcycle will have technology like voice assistance and enhanced connectivity and it will have an exclusive range of branded merchandise and custom accessories, TVS Motor Company said
SpiceJet gets notice over flight safety, says will be 'doubly careful'. SpiceJet has denied any violations on its part and said it is committed to safe operations
UK's Essar Oil posts higher Q1 sales, ceases Russian oil imports. Company says it is replacing shortfall by maximising indigenous diesel production
Apple to release new 'Lockdown Mode' as it battles spyware firms. The move comes after at least two Israeli firms have exploited flaws in Apple's software to remotely break into iPhones without the target needing to click or tap anything
Crypto exchange FTX has 'a few billion' to support industry, says CEO. Bankman-Fried, who is from California but lives in the Bahamas where FTX is based, has become crypto's white knight in recent weeks, throwing lifelines to digital asset platforms that have faltered
StanPlus aiming under-10-minute arrival time for an ambulance in one year. Managing a fleet of close to 3,000 ambulances, StanPlus now claims to dispatch ambulances in under four minutes and reach the patient in under 15 minutes
BharatPe back on track after Ashneer controversy, records 112% growth. BharatPe said it also reached an all-time high of .5 billion in annualised total payment value (TPV) -- a growth of 50 per cent over the last quarter
Clear strengthens compliance suite; acquires CimplyFive for undisclosed sum. This is Clear's second company acquisition in 2022 after it acquired Xpedize, an invoice discounting platform, in March
Flights to India will return to pre-pandemic levels by October: SIA. Singapore's flag carrier will progressively operate 17 weekly flights to Chennai, up from the current 10 flights per week, it said on Tuesday
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