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NSE share market NEWS tomorrow (29 June, 2022). NSE stocks in NEWS (tomorrow)

NSE share market NEWS tomorrow (29 June, 2022). NSE stocks in NEWS (tomorrow) These are NSE stocks which will be in NEWS tomorrow as on 29 June 2022

Bosch was amongst the top gainers, currently trading at 15523.00 in NSE with 6.166 times change in volumes and 5.911% change in price. Other gainers included Apl Apollo with 5.554% price change and 0.893 times volumes, Oil India with 4.787% price change and 1.328 times volumes, Trent with 3.838% price change and 3.161 times volumes, and Oil Natural with 3.214% price change and 3.05 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.

Rbl Bank was amongst the top losers, currently trading at 84.30 in NSE with 0.93 times change in volumes and -5.228% change in price. Other losers included Nhpc with -4.769% price change and 1.131 times volumes, Max Financial with -4.623% price change and 2.299 times volumes, Hdfc Stand with -4.364% price change and 1.945 times volumes, and Au Small with -4.272% price change and 7.697 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.

Japanese chip maker Renesas Electronics broadens tie-up with Tata group. Inks partnership with Tata Motors and Tejas Networks, plans innovation centre with TCS

Hurun says 122 more Indian startups can become unicorns in 4 years. The report, which has been done in association with ASK Private Wealth, said the 122 companies most likely to achieve the 'unicorn' status are valued at bn, which is a 36% jump since last year

Asian Paints sees scope to reinvent amid continuing global uncertainties. Chairman Deepak Satwalekar tells investors at AGM that the firm's network penetration and brand strength saw its decorative business deliver 31% growth by volume and 36% by value in FY22

Reliance stock gains as Akash takes driver's seat at Jio, brokerages upbeat. Succession plan triggered upgrades from brokerages

Byju's lays off 2,500 employees as part of cost-cutting drive: Report. The latest development at Byju's comes as the Indian edtech market is shrinking with reopening of schools, colleges and physical tuition centres

Shiprocket's logistics volume to grow 40% after Pickrr acquistion: CEO. Shiprocket is acquiring a majority stake in Pickrr for an estimated 0 million in cash, stock and earn-out

Biocon to buy 26% stake in AMPYR Renewable Energy Resources Eleven. The company has entered into an agreement for the purpose of "acquisition of solar power by acquiring equity stake up to 26 per cent in AREREPL", it said.

India will have 122 new unicorns in 4 years: Hurun Research report. In just one year, the number of such startups has increased by 65%

HDFC raises Rs 4,000 cr via 21-month paper, attracts bids of over Rs 70K cr. Companies, including HDFC, Tata Capital Financial Services, LIC Housing Finance and Haldia Petrochem raised over Rs 6,000 crore on Wednesday

Byju's lays off 500 and may drop more people in latest edtech crisis. Recently, over 800 employees of WhiteHat Jr, resigned after being asked to work from office

JSW Steel earmarks Rs 10,000 cr for carbon emission reduction initiatives. Group chairman Sajjan Jindal said that the company has contracted for about 1 GW of renewable energy, of which 225 MW became operational in April 2022, and the balance will come on stream in phases.

Byju's group firm Toppr lays off 1,100 employees in a day to cut costs. Toppr's sacked employees said that they got a call from the company on Monday and were asked to resign, failing which they will be terminated without any notice period.

Byju's offers to buy US-listed edtech firm 2U for over billion. Byju's made the offer of about a share to 2U's board last week, said the person, who asked not to be named as the bid isn't yet public

Actis launches power biz after buying 49% stake in Shapoorji Pallonji unit. Actis announced Bridgin Power following its acquisition of a 49 per cent stake in the Shapoorji Pallonji group's 220-MW combined cycle gas turbine power plant in Bhola region of Bangladesh

Determining of embedded value likely to be completed by July 15: LIC. It is informed that the exercise of determining the Indian Embedded Value (IEV) as on March 31, 2022, may take some more time to get completed, LIC said in a statement.

Tech Mahindra CEO C P Gurnani's pay rises 189% to Rs 63.4 cr in FY22. Tech Mahindra managing director and chief executive CP Gurnani's remuneration for FY22 jumped 189 per cent to Rs 63.4 crore, the fifth-largest IT exporter said on Wednesday. In its annual report for the fiscal, Tech Mahindra said Gurnani's remuneration, in

Razorpay appoints former AWS executive Murali Brahmadesam as new CTO. Technology veteran will lead fintech unicorn's engineering strategy and development

Big agrochem firms may use drones for chemical spraying this kharif season. Industry sources estimate that drones could be used for spraying pesticides and other plant chemicals in around 30,000 acres this kharif season largely as pilot projects

Tata Motors partners with Japan's Renesas to develop chip solutions. As part of the partnership, Renesas will also work with Tejas Networks, a Tata Group company, on wireless network solutions including 5G

Mukesh Ambani's daughter Isha set to be named chairperson of retail unit. An announcement of Isha Ambani's elevation could come as early as Wednesday, according to people with knowledge of the matter, who asked not to be identified ahead of a formal statement

Twitter India gets 'one last chance' to comply with Centre's new IT rules. MeitY's notice to Twitter came after the company's "repeated failures to act on the content take-down notices sent under Section 69 A of the IT Act"

BYJU's-owned WhiteHat Jr lays off 300 employees in latest round of job cuts. Online coding provider WhiteHat Jr, the beleaguered platform under edtech giant BYJU's umbrella, has laid off around 300 employees, after more than 1,000 of its employees resigned

Move-to-Earn' startup Fitmint raises over Rs 12.6 crore in seed funding. Fitmint said in a statement on Wednesday it will be using the amount raised for hiring and team expansion, marketing and optimising tech infrastructure

Tata Tech joins Foxconn-led consortium to develop sustainable mobility. Foxconn-initiated Mobility In Harmony Consortium comprises more than 2,300 members in the field of software, hardware, and services

NMDC shareholders, creditors approve Nagarnar Steel Plant demerger: CMD. The demerger of NSP from NMDC is progressing, Mr Deb who was in the national capital, said

PVR restarts capex cycle, plans to open about 125 screens in FY23. Leading multiplex chain operator PVR expects the movie exhibition industry to bounce back "dynamically" in FY23 and plans to open as many as 125 screens during the year, its highest ever tally in a year. According to the company's latest annual report, PVR

Eveready set to transform with growth & governance-driven roadmap, says MD. The company has chalked out improvement plans for each of its business categories and separate business unit teams are working on the plans

Retail tech firm Arzooo raises mn in Series B led by Japan's SBI group. Existing investors Celesta Capital and 3 Lines VC also participated in this round, along with Trifecta Leaders Fund and Tony Xu, the Founder of Doordash

UltraTech Cement paying for Russian coal in Chinese yuan: Report. UltraTech importing from Russian producer SUEK, valued at 172.7 mn yuan; SUEK's Dubai unit facilitated trade from Russia's Vanino port; traders say other companies set to pay in yuan for Russian coal

Hyundai's shares nosedive on German raid over defeat car devices. Shares in Hyundai Motor and its affiliate Kia plunged on Wednesday, as German authorities raided the carmakers' local offices over suspicions they had installed defeat devices on some of their combustion cars.

SC to hear after vacation plea by Adani Ports and SEZ against HC order. Singhvi said that urgency in the matter has kind of slipped away as between yesterday and today, the bid has been opened.

Pharma company Innova Captab files draft papers with Sebi for IPO funding. Pharmaceutical company Innova Captab Ltd has filed preliminary papers with capital markets regulator Sebi to raise funds through an initial public offering (IPO). The proposed IPO comprises fresh issuance of equity shares worth Rs 400 crore and an offer fo

Google to let selected users to opt out of integrated view in Gmail. Tech giant Google has announced the launch of a feature where some users will see the new Gmail experience by default, instead of an integrated view.

Edtech company Byju's pushes back payments for billion acquisition. Blackstone, which owned 38 per cent of Aakash, opted to defer payments due until this year, one of the people said

Bajaj Consumer Care to expand Almond Drops portfolio, lines up new products. The firm, which on Tuesday launched a moisturising soap under the Bajaj Almond Drops umbrella, is looking to bring products in haircare and skincare under the brand.

Top headlines: Akash Ambani made Jio chairman; TaMo to raise prices of CVs. Business Standard brings you top news of the evening

Edible oil brand Gulab Oils eyes Rs 5,000 crore turnover in four years. Plans to enter ten states from four currently, expand capacity 10-fold to 1,000 tonnes a day and make additions to product portfolio

Tata Steel to ramp up NINL operation to 1.1 MTPA within a year: Chairman. The ramping up of the operations of Neelachal Ispat Nigam Ltd (NINL) would be subject to obtaining statutory clearances.

SP group back in business as fortunes revive in post pandemic era. Company turned around in FY22 after the Covid pandemic hit its core real estate operations in FY21; experts say Pallonji Mistry's sons now lead the businesses

Carlyle to acquire minority stake in Gujarat tile firm Varmora Granito. Indian company says it will use partnership for investments in brand building and, expanding distribution

Walgreens defers Boots UK sale; Reliance to look for other opportunities. RIL will continue to look for growth opportunities overseas if good opportunities arise, said company insiders

Vedanta, 30 other companies submit bids in commercial coal mines auctions. The government on Tuesday said 31 companies, including JSW Steel, Vedanta Ltd, NLC India Ltd, Jindal Power and Bharat Aluminium Company Ltd, have submitted bids for 24 mines under commercial coal mines auctions. As many as 38 online and offline bids were s

We'll stay the course in our strong expansion of Tata Steel: Chandrasekaran. Tells investors at AGM that Indian steel industry is globally competitive and companies should be able to expand capacity in value-added products for both, Make in India and Make for The World

Biocon Biologics bribery case: CBI moves HC challenging lower court verdict. The Delhi High Court has issued notices to the parties concerned and will hear the case on July 2

Adani Ports moves SC as HC rejects plea against JNPA for disqualifying bid. The contract was for upgrading a container terminal in Navi Mumbai; Adani counsel urges top court to restrain JNPA from proceeding with other bids

Air India Express to add four Boeing 737s to meet growing demand. Air India Express currently has 24 Boeing 737 planes in the fleet. It lost one plane in the Kozhikode plane crash in August 2020

Akash Ambani takes up reins of Jio Infocomm as part of succession plan. Mukesh Ambani steps down as part of succession plan, to oversee digital business through Jio Platforms

J&K Bank gets board approval to raise up to Rs 2,000 crore in FY23. State-owned Jammu and Kashmir Bank (J&K Bank) on Tuesday said it will raise up to Rs 2,000 crore, through a mix of debt and equity, in the current fiscal year 2022-23. The board of directors of the bank, in its meeting held on June 28, approved the capital

Position of power: Akash Ambani moves from open office to Jio corner room. The 30-year-old Brown University graduate and the elder son of Mukesh Ambani will now lead from the front at Reliance Jio as chairman

Krishna Vedati named as Byju's president for global growth and strategy. He will report to co-founder and CEO Byju Raveendran and join the company's executive committee

SIAC rejects Future Group's plea to terminate the arbitration proceedings. Passing an order on the Kishore Biyani-led group's plea, the SIAC said it will continue with the arbitration proceedings, which are in the stage of final hearings

Ant-backed Zomato loses .1-billion market value in just two days. Zomato - among the first-generation of internet unicorns to tap into India's capital market - tumbled 8.4 per cent in Mumbai trading on Tuesday on top of a 6.6 per cent drop on Monday

After beating Europe & China, where is India's SUV market headed?. From 18% in 2016 to 48% in 2022, the rise of SUVs in India has been phenomenal. So why have SUVs become the preferred choice for the aspirational Indian? Where is India's SUV market headed from here?

Low-profile billionaire philanthropist Pallonji Mistry passes away at 93. Billionaire industrialist Pallonji Mistry died in Mumbai last night

About 200 brands register for EPR ahead of Single Use Plastic ban. "Applications of 49 brand owners and 59 importers were rejected for multiple reasons," said a senior official from the CPCB

India's first indigenous mRNA vaccine likely to be available soon. The Subject Expert Committee (SEC) has recommended granting the Emergency Use Authorisation (EUA) to the country's first mRNA-based Covid-19 vaccine in a meeting held on Friday

Pallonji Mistry, Indian-Irish billionaire caught in Tata feud, dies at 93. Mistry and his family control the Shapoorji Pallonji Group, which started more than 150 years ago and today employs more than 50,000 people in over 50 countries

Glenmark Pharmaceuticals acquires certain OTC drugs from Wockhardt in US. Glenmark said its current portfolio consists of 175 products authorised for distribution in the US market and 48 ANDAs pending approval with the USFDA

Fintech startup Progcap raises mn in funding round backed by Google. Google has invested in Indian startup Progcap that caters to small and medium-sized businesses, as it raised million in its Series C funding round

Indiabulls Real Estate guilty of profiteering, to refund homebuyers: NAA. NAA has found Indiabulls Real Estate guilty of not passing on over Rs 6.46 crore input tax credit benefits to homebuyers by commensurate reduction in prices post rollout of GST

Infosys selected to manage technology separation from Toll Holdings. "Global Express appoints Infosys to manage technology separation from Toll Holdings," the Bengaluru-headquartered IT services major said in a statement

E-com platforms not publishing negative ratings/reviews in India: Report. More than one in two (58 per cent) consumers complain that their negative product ratings and reviews are not being published by e-commerce platforms, a new report showed on Tuesday

AI no longer fringe tech for Indian companies: Bain & Company report. India is also a global source of talent in data and AI skills; it produces 16 per cent of the world's AI talent pool, said the report

DHFL-Yes Bank case: ED takes Pune businessman Avinash Bhosle in custody. The Enforcement Directorate (ED) on Tuesday took Pune-based businessman Avinash Bhosale into custody from Arthur Road Jail in an alleged corruption case pertaining to Yes Bank and DHFL

HDFC Bank-backed Lentra acquires AI startup TheDataTeam for undisclosed sum. The deal involves the acquisition of the customer intelligence platform Cadenz

ONGC chopper carrying 9 makes emergency landing in Arabian Sea, 6 rescued. A helicopter carrying seven passengers and two pilots made an emergency landing in the Arabian Sea on Tuesday, near Oil and Natural Gas Corporation Limited (ONGC) rig Sagar Kiran in Mumbai High

ah! Ventures announces launch of angel fund with Rs 100 cr corpus. While the first close is expected within the next 60 days, the team's target is to be fully invested by the third year with potential winners

BYJU's rejigs global team as part of expansion plan as edtech space shrinks. Edtech major BYJU's on Tuesday named Krishna Vedati as President of Global Growth and Strategic Initiatives, along with rejigging top leadership at K-12 creative coding platform Tynker

Tata Motors to increase prices of commercial vehicles by 1.5%-2.5%. The hike will be across the range of commercial vehicles and the quantum will depend on individual model and variant, Tata Motors said in a regulatory filing.

Ruchi Soya Industries renamed Patanjali Foods with effect from June 24. In May, Ruchi Soya announced the acquisition of Patanjali Ayurved's entire food business for Rs 690 crore, in order to speed up its transition into an FMCG company

Glenmark acquires Wockhardt's key OTC brands in US for undisclosed sum. Deal includes approved ANDAs for famotidine tablets, used in treatment and prevention of ulcers stomach and intestinal ulcers

Jet claims rights on livery, objects to SpiceJet using it on some planes. Jet Airways aims to restart operations in September after takeover by the Kalrock Jalan consortium

Vedanta Resources urges Zambia to halt search for new KCM investor. Zambia's previous government put KCM in the hands of a liquidator in May 2019, triggering the ongoing legal dispute with Vedanta Resources, KCM's parent company.

87% of Indian firms to hike their AI spend by 10% in 3 years: Report. Approximately 80 per cent of enterprises in the country have at least one AI model in production, indicating an extensive penetration of AI/machine learning (ML) across enterprises.

Mukesh Ambani resigns from board of Reliance Jio, son Akash made chairman. The announcement will be seen as succession planning by the 65-year old billionaire

Reliance Jio partners with DigiBoxx to offer extra 10 GB cloud storage. In addition to the storage space of 20 GB available at present, Reliance Jio users can now have extra 10 GB space on DigiBoxx by signing up through the JioPhotos app

DoT issues spectrum assignment norms for captive private network licences. The norms stipulate a minimum net worth of Rs 100 crore for applicants

58% e-commerce consumers say their negative ratings not published: Survey. Almost 65% find product ratings to be positively biased, according to LocalCircles

HC quashes order on taxing Flipkart payment to Walmart for deputed staff. Court says assessing officer's stand on employer-employee relationship based on a wrong premise

Intel to scale up collision avoidance systems for road safety in India. The tech giant may partner with different companies and incubate start-ups to enhance vehicle safety

ICICI Lombard to settle claims of up to Rs 5 lakh by MSMEs within 10 days. This facility will empower MSMEs to manage unwarranted situations arising from any mishaps

Moody's upgrades JSW Steel's corporate family rating to Ba1 from Ba2. Moody's Investors Service on Monday said it has upgraded the JSW Steel Ltd's Corporate Family Rating (CFR) to Ba1 from Ba2. At the same time, Moody's has changed the ratings outlook on JSW Steel Ltd and Periama Holdings LLC to 'stable' from 'positive'. "Th

Vedanta turns to LIC for Rs 5,000 cr as offshore borrowing gets costlier. Fund to be raised via 10-yr bonds; another Rs 2K cr to come via 18-month papers

Air India unions file pleas against proposed eviction of employees. The unions argue that the airline's letter asking employees to vacate office accommodation by July 26 amounts to a change in service condition.

Future Retail: NCLT reserves order on Amazon petition against BoI's plea. The National Company Law Tribunal (NCLT) on Monday reserved its order on the petition filed by Amazon opposing Bank of India's plea to initiate insolvency resolution proceedings against Future Retail

Santoor becomes Rs 2k-cr brand, Wipro Consumer FY22 turnover at Rs 8,634 cr. WCCL has extended the brand Santoor from soaps to body lotion, hand wash and body wash

TVS to bet on electric vehicles; to come up with 5-25-kW products. TVS Motor Company is coming up with multiple products in the two- and three-wheeler segments

Bajaj Auto to buy back shares worth Rs 2,500 crore at Rs 4,600 each. Two-wheeler giant Bajaj Auto to take back 5.43 mn shares at Rs 4,600 a piece

Operating environment is still volatile, says Tata Consumer chairman. Factors driving inflation as spelt out by the company include geo-political tensions, supply-chain challenges, and demand-supply mismatches in crude oil and several other commodities

Moody's upgrades Tata Steel's outlook to 'positive' from 'stable'. Action reflects company's track record of delivering a solid operating show while maintaining conservative financial policies; firm is poised to reduce its debt by at least billion in FY23

Gaming platform JetSynthesys in talks to merge with BurTech SPAC: Report. The two companies have signed a non-binding letter of intent regarding a transaction that values the combined entity at more than 0 mn, according to people with knowledge of the matter

Udaan lays off about 180 employees in a move to drive cost-efficiency. The layoffs have happened at a time when Udaan is trying to turn into a publicly listed entity in 18-24 months

Sebi slaps Rs 12 cr penalty on Sahara group firms in OFCD issue matter. Asserts that by representing the OFCD as pvt placement, issuers deprived subscribers of various measures of investor protection

Sebi penalises 4 individuals for violations in Mindtree share trades. Capital markets regulator Sebi on Monday imposed fines totalling Rs 4 lakh on four individuals for violation of insider trading norms in the shares of Mindtree Ltd during the January-March 2019 period

Cipla to invest Rs 26 cr in digital tech co GoApptiv to raise stake to 22%. Pharma company Cipla has agreed to acquire an additional stake for nearly Rs 26 crore in digital tech company GoApptiv Private to raise its shareholding to 22.02 per cent, the company said on Monday. The investment will be made in equity shares and Compuls

Adani, Ambani make Rs 1.68 trn investment pledge in Rajasthan: Report. Under the 'Invest Rajasthan' outreach programme, Rajasthan received the biggest investment pledges from Gautam Adani-led Adani Group and the Mukesh Ambani-chaired Reliance Industries Ltd

Jaguar parent Tata Motors' bond sinks as weak rupee blights India credit. Those drops coincide with the rupee touching its lowest against the dollar, making it more expensive for the Indian companies already facing the challenge of higher interest rates

Tata group's Infopark Properties raises Rs 1,900 cr via zero coupon bonds. Infopark Properties will own 100% of shareholding in TRIL Infopark Ltd which operates the asset Intellion Park, Chennai, spread over an area of 4.6 mn sq ft

Employee exodus continues at Trell, 100 more leave as firm struggles to pay. Lifestyle social commerce platform Trell has seen another wave of employee exodus as it struggles to pay creators in the country. The company, however, on Monday claimed it has paid all its creators

Proptech startup PropShare raises mn from WestBridge Capital, others. Proptech startup PropShare has raised million (around Rs 367 crore) from investors including WestBridge Capital to ramp up hiring, strengthen technology and offer more asset classes

Latest stock market News for tomorrow Access previous news reports: 863864865866867868869870871872873874875876877878879880881

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