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NSE share market NEWS tomorrow (24 June, 2022). NSE stocks in NEWS (tomorrow)

NSE share market NEWS tomorrow (24 June, 2022). NSE stocks in NEWS (tomorrow) These are NSE stocks which will be in NEWS tomorrow as on 24 June 2022

Tube Invest was amongst the top gainers, currently trading at 1588.65 in NSE with 7.206 times change in volumes and 4.848% change in price. Other gainers included Crompton Gr with 4.428% price change and 2.486 times volumes, Sona Blw with 4.363% price change and 0.648 times volumes, Info Edge with 4.332% price change and 2.007 times volumes, and Mahindra Mahindra with 4.315% price change and 0.996 times volumes. These stocks are expected to continue this move in coming days also. You can take a position in these stocks tomorrow and hold the position for a few days with today's opening as stoploss.

Persistent Systems was amongst the top losers, currently trading at 3261.05 in NSE with 0.927 times change in volumes and -3.164% change in price. Other losers included Hindustan Petroleum with -2.592% price change and 0.701 times volumes, Mphasis with -2.174% price change and 1.42 times volumes, Prestige Estates with -1.85% price change and 1.361 times volumes, and Delhivery with -1.718% price change and 1.302 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.

Indian Oil expects prices to stay over 0/bbl in 2022 amid Ukraine crisis. An Indian Oil finance executive said on Friday he expects oil prices to hold above 0 per barrel for the rest of 2022 amid the Ukraine crisis

Jet Airways starts operational hiring, invites former cabin crew to rejoin. Jet Airways began its operational hiring on Friday and asked its former cabin crew members to rejoin the airline

EV startup Mecwin India to set up Rs 50 cr manufacturing plant in Bengaluru. Electric vehicle startup Mecwin India on Friday said it is going to invest Rs 50 crore for setting up a manufacturing plant here for EV motors and controllers

Dr Reddy's Laboratories eyes place among top five domestic pharma players. The US would continue to remain an important geography, but the firm says it hopes to double its revenues from China and grow revenues five-fold in Brazil in the next five years

Raymond aims to be net debt-free company in next 3 years, says report. Diversified group Raymond aims to be a net debt-free company in the next three years and is focused on liquidity management through cost reduction initiatives and working capital optimisation

3 friends set on a new path of building Udaan into a global public company. India's largest business-to-business e-commerce platform said it has achieved positive unit economics and gearing up for an IPO

Govt issues new ad for chief of oil regulator PNGRB, vacant since Dec 2020. The government has for a second time in as many years re-advertised the post of chairman of oil and gas regulator PNGRB, which has been lying vacant since December 2020. The oil ministry this week issued an advertisement inviting applications for the post

Tech startup Matter raises mn to scale up e-mobility, energy storage. Info Edge-backed technology fund Capital 2B, Climate Angel Fund lead investors in Matter's first external round of funding

World MSME Day: Oyo announces special 60% discount for small businesses. Approx 2,000 properties across the country will be covered under this scheme

Total office space leasing in May jumps nearly 3-fold across 7 cities: JLL. The total or gross leasing of office spaces rose 28 per cent from 4.8 million square feet in April 2022 across seven major cities -- Delhi-NCR, Mumbai, Bengaluru, Chennai, Hyderabad, Pune and Kolkata

Go First announces triweekly direct flights between Kochi and Abu Dhabi. The inaugural Go First flight G8 063 will depart on June 28 from Cochin International Airport at 8.05 PM (local time) and will arrive at Abu Dhabi International Airport at 10:40 PM (local time)

Amazon Prime Video partners with AMC Networks for content in India. Amazon Prime video will provide access to advertisement-free subscription service AMC+ and AMC's streaming service Acorn TV on Prime Video Channels in India on a subscription basis

Dr Reddy's acquire Eton Pharma's injectable products for million. Under the terms of the agreement, Dr Reddy's acquired the Eton portfolio for an upfront payment of approximately USD 5 million in cash, besides contingent payments of up to USD 45 million

Will cross -bn revenue run rate by year-end, predicts Ola Electric. The SoftBank-backed electric vehicle firm said it has surpassed Rs 500 crore revenue in its first two months of FY 22-23, and is on track to surpass the billion revenue run rate by end of this year

RE capacity hits 2 GW with operation of Floating Solar project: NTPC. Spread over a 480-acres reservoir, this floating solar project would generate electricity from more than 3 lakh solar PV modules

Nykaa stock up 3% in intra-day trade as company hosts first analyst meet. Nykaa Superstore logs in 45,000 transacting retailers from over 500 cities

Ikea to relocate purchasing office to Bengaluru from Gurugram in May 2023. The company is providing relocation support to its employees, who opt to move to a Bengaluru under the "relocation policy"

Zomato board approves acquiring quick commerce firm Blinkit for Rs 4,447 cr. Zomato is acquiring 33,018 equity shares of Blink Commerce Pvt Ltd

Ford extends production at TN plant till July-end amid labour unrest. The factory located at Maraimalai Nagar on the outskirts of the city has been witnessing labour unrest since May 30 over the compensation offered by the management

Akasa plans test flight next week; expects commercial start by late-July. Akasa, backed by billionaire Rakesh Jhunjhunwala, will likely receive its air operator's certificate within days of the proving flight

Tata Aerospace is Boeing 'Supplier of the Year', picked out of 11,000 firms. Nine companies feted for 'proactively managing supply chain quality, advancing global sustainability'

Intel expands in India, unveils new design and engineering centre. While unveiling chip giant Intel's new facility in India, Rajeev Chandrasekhar said that by 2025, India's digital economy should reach trillion

Satin Creditcare raises Rs 96 cr by issuing bonds to two investors. A total of 19,250 secured, rated and redeemable non-convertible debentures (NCDs) of Rs 50,000 each have been issued to AAV Sarl and Masala Investments Sarl

Dish TV EGM: Shareholders reject Jawahar Goel's reappointment as MD. Appointment of R C Venkateish as independent director also turned down; proxy advisory firm says company will have to appoint interim CEO

JM Financial mutual fund plans 4-5 NFOs, aims Rs 7k-10k crore AUM by FY23. The mutual fund house said it does not foresee any major dip in Systematic Investment Plan (SIP) inflows going forward which had witnessed a steady growth to around Rs 11,000 crore per month

Flipkart to focus on decarbonisation, commits to net zero emission by 2040. Flipkart Group will focus on key areas of impact -- such as sustainable platform, responsible value chain and positive collaborations -- to achieve a clearly-defined decarbonisation pathway

PM Modi meets Foxconn chief, hails manufacturing plans for India. Foxconn's EV manufacturing arm, Foxtron, is planning to set up manufacturing plants at various locations in southeast Asia, including India

India's GSAT-24 satellite launched, entire capacity leased to Tata Play. NewSpace India Limited (NSIL) launched GSAT-24 in its first "demand-driven" communication satellite mission post space sector reforms, leasing the entire capacity on board to Direct-to-Home (DTH) service provider Tata Play. Built by Indian Space Research O

Lenders await fate of Piramal, 63 Moons Tech litigation in top court. Piramal had appealed against the National Company Law Appellate Tribunal (NCLAT) order directing DHFL's lenders to reconsider their decision on the valuation of the financial firm's fraud accounts

Accenture beats estimates to post .16-bn revenue in Mar-May quarter. Accenture follows a September-August financial year. Third quarter represented period from March-May 2022

Govt orders independent enquiry into Tata Nexon EV fire incident. The government has ordered an independent enquiry into a Nexon electric vehicle catching fire in Mumbai, a senior Road Transport and Highways ministry official said on Thursday. "We have ordered an independent enquiry to investigate the Nexon EV fire incid

HC rejects Dish TV promoter's plea to restrain Yes Bank to vote in EGM. Promoter group entity World Crest Advisors LLP had earlier challenged the June 17 order passed by the single bench of the High Court to restrain Yes Bank from voting at the EGM of Dish TV

Air India offers to re-hire pilots post retirement for five years. This comes even as the full-service carrier rolled out a voluntary retirement scheme for its employees, including cabin crew

Pine Labs acquiring fintech infrastructure start-up Setu for -75 mn. Pine Labs, backed by investors such as Sequoia Capital, PayPal, and Mastercard, competes with fintech companies such as BharatPe, Mswipe, Paytm, and Razorpay

HC rejects Dish TV plea against YES voting rights, says no case made out. A bench led by Justice GS Patel and Justice MJ Jamdar said World Crest Advisors, Dish TV promoter group entity, had not made any case in its plea against YES Bank, and was dismissing the appeal

BIS issues performance standards for EV batteries amid safety concerns. The standard "IS 17855: 2022" has been formulated for lithium-ion traction battery packs and systems of electrically-propelled road vehicles and it has been harmonized with ISO 12405-4: 2018

To mark Adani's 60th birthday, family pledges Rs 60K cr to charities. The corpus will be administered by the Adani Foundation

Sacked fund manager demands Rs 54 cr in damages, sues Axis MF. On May 20, Axis MF terminated the employment of Joshi, a chief trader and fund manager, due to alleged irregularities. Axis MF hadn't cited any reason for the termination

Foxconn Chairman, Vedanta semiconductor head discuss plant location. Electronics manufacturing services company Foxconn chairman Young Liu on Thursday met Vedanta Group's managing director Akarsh Hebbar to discuss the roadmap of their proposed electronic chip manufacturing plant and its location. Vedanta and Foxconn had sig

Ford India denies talks with Taiwan's Foxconn for selling Chennai unit. Automobile firm is finalising a severance package with 2,000 employees working at the factory

VIL to seek shareholders' nod to raise Rs 436 cr from Vodafone on July 15. Vodafone Idea will seek shareholders' nod to raise Rs 436 crore from its promoter group Vodafone in an extraordinary general meeting to be held on July 15, company said in a regulatory filing

India needs some astute handling, balancing act for growth: HUL Chairman. I remain confident that as a country, we will be able to navigate through this crisis there: HUL Chairman Nitin Paranjpe

Belgian research group to help firms planning Indian semiconductor units. IMEC helps global chip manufacturers in the process of fitting transistors on a silicon chip.

Reliance Industries seeks new technologies to make cheaper green hydrogen. As part of the push, Reliance Industries also plans to bid for any production-linked incentives the government may offer to encourage the technology

Some gaps in ILC recommendations on resolution process, say experts. Report seen as unclear on who should pursue cases related to avoidable transactions and improper trading under bankruptcy code

Vodafone Idea defers Rs 8,837 crore AGR dues payment by four years. The company's board decided on Wednesday to defer the AGR dues of Rs 8837 crore

Re-commerce platform Cashify raises mn, to build technology infra. Re-commerce marketplace Casify on Thursday said it has secured million in its Series E funding from NewQuest Capital Partners and Prosus

Macrotech Developers enters B'luru; eyes Rs 1,200 cr sales from 1st project. Realty major Macrotech Developers Ltd announced its entry in the Bengaluru market and has formed a joint venture to develop its first housing project with an estimated sales bookings of Rs 1,200 cr

Chaayos raises mn in Series C funding led by Alpha Wave Ventures. Leading "chai" (tea) cafe chain Chaayos on Thursday announced it has raised million in Series C funding led by Alpha Wave Ventures. The company said it will use the money for tech-enhancement

Spandana Sphoorty-Reddy settlement clears way for announcing FY22 results. Padmaja Reddy resigned from her position as the managing director of the company on November 2, 2021. Subsequently, certain disputes arose between Reddy and the board

Sequoia India's Surge programme extends seed fund range up to million. Surge startups have collectively raised over .5 billion in follow-on rounds

Pine Labs acquires API fintech startup Setu in mn- mn deal. Merchant commerce platform Pine Labs on Thursday announced the acquisition of Bengaluru-based API fintech startup Setu in a deal valued at USD 70-75 million

IIFL Finance gets board's approval to raise Rs 5,000 cr by issuing bonds. IIFL Finance is planning to raise debt capital worth Rs 5,000 crore by issuing bonds on a private placement basis, the company said on Thursday. The bonds will be offered through public issue, subject to regulatory and statutory approvals, IIFL Finance sai

Indian media, entertainment industry may touch Rs 4.3 trn by 2026: Report. The Indian media and entertainment industry is expected to grow at a CAGR of 8.8 per cent and reach Rs 4.30 lakh crore by 2026, according to a report by global consultancy firm PwC. The growth would be paced by digital media and advertising through deeper

Chaayos raises Rs 414 crore funding; plans business expansion, hiring. The company said the funding round was led by Alpha Wave Ventures with participation from all existing investors -- Elevation Capital, Tiger Global and Think Investments

ITC records 3 times growth in e-commerce sales compared to pre-Covid levels. ITC collaborated with leading e-commerce platforms on all aspects of operations, including category development, marketing, and supply chain and customer acquisition

Hero MotoCorp to hike motorcycle, scooter prices by up to Rs 3k from July 1. Two-wheeler maker Hero MotoCorp said it will hike prices of motorcycles and scooters by up to Rs 3,000 from July 1 to partially offset steadily growing overall cost inflation

Gautam Adani and his family pledge to donate Rs 60,000 cr for social causes. The donation will be managed by the Adani Foundation for bolstering health care, education and skill development, Adani told Bloomberg

Kalpataru Power Transmission, its arms bag orders worth Rs 2,290 crore. Kalpataru Power Transmission Ltd and its arms have bagged new orders worth Rs 2,290 crore. Kalpataru Power Transmission Limited (KPTL), a leading global EPC (engineering, procurement and construction) player in the power and infrastructure contracting sect

Realty firm Supertech plans Rs 300-crore fundraise for ongoing projects. On June 10, the NCLAT ordered starting of insolvency proceedings in only one of the housing projects of realty firm Supertech and not the entire company

Emami Realty aims for 50% sales growth to Rs 750 crore in FY23. The real estate arm of the diversified Emami Group has targeted retiring its long-term debt by 2023-24, which is now pegged at Rs 118 crore, a top company official said

Cashify raises mn in series E funding from NewQuest and Prosus. Since 2021, the company has pivoted and embarked on its expansion across India

Google executive warns against sharing of citizen data, even if anonymized. India in February published a draft data policy for public consultation saying all data collected, stored by government ministries and departments will be open and shareable barring exceptions

Varun Beverages' Jaipuria settles case with Sebi after paying Rs 56 lakh. "This settlement order disposes of the aforesaid adjudication proceedings initiated against the applicant viz. Ravi Kant Jaipuria vide SCN... dated December 21, 2021," Sebi said in its order.

Tatas exit race to buy Reliance Capital's general insurance arm. Group only interested in general insurance, but lenders want firms to bid for entire cluster of companies

ITC FMCG business' annual consumer spend over Rs 24,000 cr in FY22. ITC, which owns brands like Aashirvaad, Bingo, Classmate, Savlon and YiPPee, "remains focused on rapidly scaling up the FMCG biz anchored on strong growth platforms and a future-ready portfolio".

Bharti Airtel Africa issues tender offer to buy back $ 300 mn senior notes. The company's tender offer to purchase $ 300 million worth of its 5.35% guaranteed senior notes of $ 1 billion due 2024 has commenced from June 21 and will expire on July 19, 2022, Bharti Airtel said

GAIL to enter distributed LNG production business to provide fuel to users. GAIL will liquefy or turn natural gas into liquid at sub-zero temperature and transport it in trucks to users.

Vodafone group to infuse Rs 436 crore in Vi ahead of India 5G auction. This is the second capital raise by the Indian company in two months after Rs 4,500 crore infusion from its promoters.

NHAI pays Rs 308 cr arbitral award to IRB Infra SPV in payments dispute. Amount is 75% of total award for Pathankot-Amritsar told road project, matches union cabinet guideline.

Andhra Pradesh govt clears Adani green energy projects worth Rs 15,740 cr. In a boost to the green energy sector in Andhra Pradesh has cleared pump storage projects proposed by Adani Green Energy with a total capacity of 3,700 MW

Telcos may buy spectrum worth Rs 71,000 cr in 5G auction: IIFL. Private telecom operators -- Reliance Jio, Bharti Airtel and Vodafone Idea -- are expected to buy spectrum worth Rs 71,000 crore in upcoming auction, leaving a vast majority of the radiowaves unsold

Allsec Technologies to merge with Quess Corp in an all stock deal. Upon the scheme becoming effective, all the subsidiaries of Allsec will become subsidiaries of Quess.

Spandana agrees to resolve disputes with ex-MD Padmaja Gangireddy amicably. The board of directors of the company and its subsidiaries -- Criss Financial Limited and Caspian Financial Services Limited -- on Tuesday approved the settlement agreement, the company said

Delhi HC grants time to DMRC to pay remaining arbitral amount to DAMEPL. The Delhi High Court on Monday granted time to Delhi Metro Rail Corporation till August 5, after noting that it has called for a proposal from banks for the loan

Average salary of Indian CEOs hits 3-year high of Rs 11.2 cr in FY22. This compensation average includes both, promoter CEOs' salary as well as professional CEOs and also accounts long-term incentives (LTIs)

Zuckerberg says Meta won't take commission from creators until 2024. Meta CEO Mark Zuckerberg has said that the company will "hold off on any revenue sharing" until 2024, a one-year extension of his prior pledge to not charge a commission until 2023.

Short haul and domestic tours to drive growth, says Thomas Cook India. In calendar year 2019, long haul contributed around 60%, while short-haul and domestic provided 40% leisure segment revenue

Okinawa Autotech to invest Rs 500 cr for manufacturing plant in Rajasthan. Electric two-wheeler maker Okinawa Autotech on Wednesday said it will invest Rs 500 crore to set up a new manufacturing plant at Karoli in Rajasthan. Spread across 30 acres of land, the factory will have an annual production capacity of 10 lakh units and w

No purchase of coal from Russia after April 20 announcement: Tata Steel. Tata Steel has not made any purchase of PCI coal from Russia post its April announcement of severing business ties with Russia amid the ongoing conflict with Ukraine, a company spokesperson said

BPCL halves crude runs at Mumbai refinery; plans repairs at other plants. BPCL has shut half of its crude processing capacity at its 240,000 barrels per day (bpd) Mumbai refinery in western India since June 10

ED attaches Rs 26.93 cr assets of EMTA Coal Ltd, its directors and partner. The Enforcement Directorate (ED) has attached immovable and movable assets valued at Rs 26.93 crore belonging to EMTA Coal Ltd and its partners and Directors in a coal block case

CBI books Kapil, Dheeraj Wadhawan of DHFL in Rs 34,615-cr bank fraud case. At Rs 34,615 cr, DHFL is the biggest bank fraud registered by CBI ever

Thyssenkrupp, Tata Steel lose fight against EU veto of joint venture. The companies had sought to tackle over-capacity and other challenges in the steel industry via the joint venture but the European Commission said the deal could result in price hikes.

Relief for telcos as DoT scraps 3% floor rate on 5G spectrum usage charge. The government is set to launch 5G spectrum bids at the end of next month

Delhivery set to expand infra footprint in Greater Mumbai, Bengaluru. Ties up with Welspun for a 700,000 sq ft mega-gateway in Greater Mumbai, and with GMR for one million-plus sq ft in Bengaluru; both will be operational by 2023

TCS bags deal from Aadhar Housing Finance to improve business operations. The partnership with TCS is for an end-to-end business process transformation using the integrated and collaborative blockchain-based cloud platform.

Foreign study co Leap raises mn in Series D, total funding tops 0 mn. Round led by Owl Ventures with participation from Steadview Capital and Paramark Ventures, and existing investors Jungle Ventures and Sequoia

Number of ITC employees with over Rs 1 cr salary rises to 220 in FY22. The number of employees at conglomerate ITC drawing a salary of over Rs 1 crore per annum has gone up by 44 per cent in the recently-concluded FY2021-22 fiscal, according to the company's annual report. The total number of ITC employees drawing a salary ag

Bengaluru: Karnataka CM Bommai inaugurates largest IKEA store in India. With a planned investment of Rs 3,000 crore in Karnataka, IKEA is expecting to attract close to five million visitors this year in Bengaluru, the company had said on Tuesday.

Macrotech Developers to provide warehousing space to Skechers near Mumbai. Realty firm Macrotech Developers Ltd on Wednesday said it will provide 1.1 million square feet of warehousing space to Skechers, a global athletic footwear and apparel brand, at Palava near Mumbai. Macrotech Developers markets its real estate properties un

EV charging stations to be installed by Jio-bp at Nexus Malls' properties. "As part of this partnership, Nexus malls will be installed with 24x7 charging infrastructure for two and four-wheeler EVs," Jio-bp said in a statement.

SEC recommendation in accordance with guidelines: Biocon Biologics. The company said its product approvals are backed by science and clinical data

Edtech company Unacademy appoints Navneet Sharma as chief business officer. Sharma will be responsible for formulating new avenues of growth for the digital and hybrid models for the test prep business

Go First to resume Srinagar-Sharjah services by the end of this month. The airline said it has recently received the bilateral rights to operate five flights per week on the Srinagar-Sharjah-Srinagar route and is awaiting the final approval

Latest stock market News for tomorrow Access previous news reports: 866867868869870871872873874875876877878879880881882883884

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