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NSE share market NEWS tomorrow (16 June, 2022). NSE stocks in NEWS (tomorrow)

NSE share market NEWS tomorrow (16 June, 2022). NSE stocks in NEWS (tomorrow) These are NSE stocks which will be in NEWS tomorrow as on 16 June 2022

Coforge was amongst the top gainers, currently trading at 3295.95 in NSE with 1.564 times change in volumes and 0.564% change in price. Other gainers included Avenue Supermarts with 0.538% price change and 1.488 times volumes, Crompton Gr with 0.521% price change and 0.923 times volumes, Nestle India with 0.427% price change and 1.247 times volumes, and Solar Industries with 0.329% price change and 0.399 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.

Vedanta was amongst the top losers, currently trading at 267.45 in NSE with 2.336 times change in volumes and -8.203% change in price. Other losers included Rbl Bank with -7.718% price change and 1.164 times volumes, Bse with -6.907% price change and 3.005 times volumes, Jindal Steel with -6.283% price change and 1.952 times volumes, and Tata Steel with -6.029% price change and 1.328 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.

HDFC invokes 50 lakh pledged shares of Ansal Housing for recovery of dues. The country's largest mortgage lender HDFC on Thursday said it has invoked 50 lakh pledged shares of Ansal Housing as part of recovery of its outstanding dues from the developer. Ansal Housing is engaged in the business of construction and development of r

Glenmark drug for treating uncontrolled asthma gets Indian regulator's nod. Company says treatment will be affordable and improve lung function of patients

Jio adds 1.68 mn mobile subscribers in April; Airtel gains 810,000 users. Vodafone Idea lost about 15.7 lakh mobile subscribers during April 2022, the monthly subscriber data released by the Telecom Regulatory Authority of India (TRAI) on Thursday showed.

Aviation stocks: SpiceJet tumbles 7%; IndiGo tanks over 5% over ATF rise. Shares of aviation firms SpiceJet and InterGlobe Aviation came under heavy selling on Thursday after ATF prices were raised to a record high.

AlphaSense looks to increase India presence, raises 5 mn in funding. The firm said its annual recurring revenue (ARR) now exceeds 0 million

ShareChat raises 5 mn from Google, Times Group, others; valued at bn. ShareChat (Mohalla Tech) in a statement said it has closed multi-tranche funding round through which it raised a total of USD 520 million and reached USD 5 billion in valuation.

TCS, HDFC Bank, Infy and LIC among Kantar's global 100 most valuable firms. Infosys made its debut to the list at 64th position at a brand value of ,551 billion, up 33 per cent

Tesla CEO Musk appeals ruling that upheld securities fraud settlement. Elon Musk is appealing a federal court ruling that upheld a securities fraud settlement over Musk's tweets claiming that he had the funding to take Tesla private in 2018.

5G spectrum auction: DoT invites players for pre-bid conference on June 20. The pre-bid conference is the first major event in the detailed auction timetable that is mentioned in the bid document.

ShareChat's valuation crosses bn after closing 0 mn funding round. Social media company raises 5 mn from Google, Times Group and existing investors

Hyundai Motors working on compact, affordable electric car for India. Hyundai plans to invest in launch electric vehicles in India by 2028, making a clean energy drive in a country with some of the most polluted cities in the world

Will make IPL available to every Indian, says Viacom18 after bid win. Globally, Viacom18 has won television as well as digital rights in three (Australia, South Africa, UK) out of five international territories, including major cricketing nations

Top headlines: IBBI amends rules, yield curve inverts in the US, and more. As investors and the bond market brace for a sharp hike in policy rate by central banks to fight inflation, the yield curve has inverted in the US

HDFC in final stage of selling 4 large, stressed accounts before the merger. The four distressed accounts include Subhash Chandra-promoted Siti Networks

Unicommerce to increase manpower by 50%, hire 150 employees in FY23. E-commerce-focussed IT firm Unicommerce on Wednesday said it will increase manpower by 50 per cent by adding over 150 team members in 2022-23

Ex-BharatPe MD Ashneer Grover to raise 0-300 million for new venture. Ashneer Grover, who is currently in the US, may sell his BharatPe stake or raise fresh capital by issuing a stake in the new company

Catch 22: Airlines want a 15% hike in airfares but fear a drop in traffic. In the nine hikes since January 1, the jet fuel prices have been increased by Rs 49,017.8 per kl or nearly 55%

Strides Pharma arm gets EU-GMP certification for 2 facilities from Hungary. Strides Pharma Science on Thursday said its subsidiary has received EU-GMP certification for two of its manufacturing facilities from Hungary's National Institute of Pharmacy and Nutrition

Glenmark Pharma launches first FDC drug Indamet for asthma patients. Glenmark Pharmaceuticals on Thursday said it has launched a novel fixed-dose combination (FDC) drug in the country for patients with uncontrolled asthma. The Mumbai-based drug major has launched - Indacaterol + Mometasone FDC under the brand name Indamet.

Akasa Air takes delivery of first 737 Max aircraft from Boeing in US. New airline Akasa Air on Thursday took delivery of the first 737 Max aircraft from Boeing in Seattle, USA, a statement said

Karnataka HC reserves judgment on Xiaomi plea challenging ED's seizure. Karnataka High Court has reserved its judgment in a petition by Chinese firm Xiaomi against the seizure of Rs 5,551.27 crore from its bank accounts by the Enforcement Directorate (ED)

Agro company CFO arrested for duping investor of Rs 117 cr in Mumbai. The Mumbai police's Economic Offences Wing has arrested the chief financial officer (CFO) of an agro company for allegedly duping an investor for Rs 117 crore, an official said on Thursday

Retail businesses grow 24% in May against pre-pandemic level: Report. The retail businesses across India witnessed a growth of 24% in May this year against the pre-pandemic level of the same month in 2019, according to industry body RAI

IRB Infra arm achieves financial closure for Rs 6,538-cr project in UP. A consortium of lenders extended financial support of Rs 2,659 crore for the six-lane greenfield expressway corridor of 129.700 km (expandable to eight lanes) between Meerut and Budaun in UP

Tata Power to buy coal worth Rs 12,000 cr from Indonesian mine. Related party transaction will require shareholder approval, says Indian company

Indian private equity investments reach bn in 2,000 deals in 2021. Indian investments grew by 96 per cent over 2020 (excluding the mega deals of Jio Platforms and Reliance Retail).

China lockdowns, chip crisis cloud JLR sales outlook for FY23: Tata Motors. Semiconductor shortage has 'disproportionately adverse impact' on UK subsidiary, says Indian company in annual report

GE arm buys 49% stake in Continuum's onshore wind project in Gujarat. This transaction marks GE EFS' first onshore wind equity investment in Gujarat through a structured preferred equity solution, the company said in a statement

Edtech unicorn Upgrad doubles valuation with 5-mn funding round. India's UpGrad Education Pvt, founded by Ronnie Screwvala, increased its valuation to .25 billion in the round that included billionaire James Murdoch's Lupa Systems LLC

ReNew Power's loss narrows to Rs 355 cr in March qtr due to high revenues. Net loss in the year-ago period was Rs 393.9 crore, a company statement said

Indo-German startup Nunam deploys Audi's used batteries in e-rickshaws. The startup's primary goal is to develop ways to use old batteries as second-life power storage systems, thus extending their lives and using resources more efficiently

Ford resumes production at TN plant as some workers withdraw strike. According to a union official, about 100-150 people have joined the duty at the factory since Tuesday and the unit was operating in double shifts

Amazon's new India chief pulled plug on cricket, not the country. Amazon pulled the plug before the IPL auction started and decided those billions would be better spent on Amazon's e-commerce business

Mega 5G spectrum auction gets Cabinet nod: What lies ahead for stakeholders. The telecom industry is expected to shell out around Rs 1-1.1 trillion on the 5G auction, despite telcos' reservations over high spectrum prices, Icra said

'One of the largest sporting destinations': Viacom18 on bagging IPL rights. BCCI had announced that India digital rights for IPL were acquired for Rs 20,500 crore by Viacom18, which also won the non-exclusive Package C by paying Rs 2,991 crore more.

France's Airbus close to clinching Air India deal for 50 A350 aircraft. The first aircraft is likely to be inducted by first half of 2023

Groyyo raises million in Series A funding round led by Tiger Global. These funds will be utilised to scale up the team across manufacturing clusters in India and Bangladesh and key demand belts in the United States and European Union

Aether Energy in talks with state govts to set up third manufacturing plant. Hero MotoCorp-backed electric two-wheeler maker Ather Energy is in talks with several state governments to set up a new manufacturing facility in the country, according to sources

Shiprocket to acquire majority stake in Pickrr for 0 mn: Joint statement. E-commerce logistics SaaS company Shiprocket has inked a deal to acquire a majority stake in its competitor e-commerce platform Pickrr for about USD 200 million (about Rs 1,560 crore)

JSW's crude steel production jumps 31% to 1.78 mn tonnes in May 2022. JSW Steel crude steel production in May on a standalone basis jumped 31 per cent to 1.78 mn tonnes, the company said on Wednesday

LinkedIn, UN Women join hands to create employment opportunities for women. LinkedIn, the world's largest professional network, on Wednesday said it will invest USD 5,00,000 (Rs 3.88 crore) in partnership with UN Women to advance women's economic empowerment

Adani Transmission's 0-mn revolving facility gets 'green loan' tag. Adani Transmission Limited (ATL) on Wednesday said its 0 million revolving loan facility has been tagged as 'green loan' by Sustainalytics

Adani Group fastest in valuation growth at 88%, Ambani's RIL up 13%: Report. Tata Consultancy Services came second at Rs 12.97 lakh crore despite a 0.9 per cent decline in value, and was followed by HDFC Bank, Infosys and ICICI Bank

Yes Bank seeks shareholders' nod for raising up to Rs 10k cr debt capital. Also, the bank will seek shareholders' approval for amendments to the Employees Stock Option Scheme (YBL Employee Stock Option Scheme 2020).

US firm SentinelOne sets up Bengaluru centre to fight cyberattacks. Plans to invest mn for expansion into the Indian market, and expand talent base by 500 in the coming years

Jio-bp to power Zomato's commitment to have 100% EV fleet by 2030. Jio-bp will provide EV mobility services to Zomato along with access to 'Jio-bp pulse' branded battery swapping stations for last mile delivery

Disney Plus could lose 20 mn subscribers after ceding IPL streaming rights. About 50 million, more than one-third, of the worldwide subscribers come from Disney+ Hotstar, a product offered in India and other South Asian nations, and cricket has a been a big driver of that

Gig jobs see surge in demand in sales and marketing across sectors. Quick commerce, healthtech, fintech and ecommerce are top sectors in Indian gig space

90% of business leaders feel GST made doing business easy: Deloitte survey. The GST regime has also positively affected the prices and costs of goods and services to end consumers, along with helping companies optimise their supply chains, Deloitte GST@5 Survey 2022 found.

Expect telcos to buy spectrum worth Rs 1 trn-Rs 1.1 trn in 5G auction: Icra. The auction of over 72 GHz of the spectrum is set to commence on July 26, 2022

Uber's package delivery service drives rapid growth for small businesses. Uber Connect is helping deliver packages across 23 cities. Total deliveries over the past two years have covered a distance enough to circumnavigate the earth 1,100 times

COAI names Reliance Jio's Pramod Mittal as Chairperson for 2022-23. Mittal was previously the Vice Chairperson of the Cellular Operators' Association of India (COAI), whose members include Reliance Jio, Bharti Airtel and Vodafone Idea (VIL)

Indian Hotels' Taj ranked world's strongest hotel brand by Brand Finance. The 'Hotels 50 2022' annual report by the world's leading brand valuation consultancy recognizes the most valuable and strongest hotel brands across the globe

Top headlines: AI allowed to acquire AirAsia India; WPI inflation at 15.88%. Delhi's single-day Covid-19 infections breached the one thousand mark on Tuesday, with a positivity rate of 6.50 per cent and two fatalities, according to data shared by the health department here.

Ashok Leyland arm Switch Mobility to raise 0 mn, unveils e-bus platform. Firm currently has orders for over 600 buses, is betting big on govt tenders and sees market for e-buses growing 10x in next 2-3 years

IPL media rights sold for Rs 48,390 cr for five years, announces Jay Shah. Shah confirmed that Viacom18 bagged digital rights with its winning bid of Rs 23,758 crore while Star India wins India TV rights with the winning bid of Rs 23,575 crore

LIC increases stake in Capri Global Capital, Hero MotoCorp and HUL. The acquisition of the incremental stake in Capri Global Capital Ltd happened at an average cost of Rs 624.61 and that for Hero MotoCorp Ltd happened at Rs 3,050.14

Blockchain infra automation platform Zeeve raises .65 mn in seed round. Funding led by Leo Capital and Blu Ventures, proceeds to be used to bolster product development, augment tech team and enhance reach among DApp developers and global corporations

STFC not considering increase in lending rates: Company vice president. It will be 'nimble-footed' as a NBFC and not seek a banking license, says Umesh Revankar

BCCI walks away with Rs 48,390 cr in three-day IPL auction for media rights. Disney-Star, Viacom18 and Times Internet are winners, confirms cricket body's secretary Jay Shah

Industry experts divided over IPL media rights being valued at Rs 48k cr. For advertisers, two separate entities bagging the TV and digital rights augur well as it would give them more options.

Srei's Hemant Kanoria to challenge report alleging fraud at group firm. Transaction auditor's methodology 'opaque' and legal fight over it could derail resolution process, say sources close to Kanoria.

CCI clears Air India's acquisition of AirAsia India stake, helping merger. At present, the Tata group owns and operates four airlines - Air India, Air India Express, AirAsia India, and Vistara. Air India and Vistara operate on both domestic and international routes

Only 12% firms using AI at a level that gives competitive edge: Accenture. 63% global firms are AI experimenters, barely scratching the surface of its potential with AI maturity score of 29; Many others with higher scores are still leaving the full value of AI untapped

IPL media rights: Sony Sports Network congratulates winners, hails BCCI. "Sony Sports Network will broadcast over 1800 hours of cricket this year. In addition to the marquee India tour of England, the team plays three T20Is and three ODIs in the country.

Multiply Ventures raises Rs 260 cr via maiden fund focused on consumer tech. The Bengaluru-based VC fund said it exceeded its target of Rs 250 crore

Sequoia raises record .85 bn to fund Indian startups, others ventures. Venture capital firm Sequoia India and Southeast Asia has raised .85 billion - the highest ever in one tranche by any venture capital fund - to fund startups and other ventures in the region

No plans to exit business, clarify Metropolis Healthcare promoters. Metropolis Healthcare is continuously exploring various strategic options and investment

No plans to exit business, says Metropolis Healthcare promoters. "The company, its promoters and management team are committed to operating Metropolis Healthcare Ltd with the highest standards of medical science, stakeholder trust and customer engagement," the comp

Adani, TotalEnergies join hands to invest billion in green hydrogen. Gautam Adani, chairman, Adani Group said, he is confident the company will produce the world's least expensive green hydrogen

Google announces startup accelerator programme for women-led startups. The Google's startup accelerator programme for women-focused founders will have two cohorts for this year and each cohort will support 20 women founders

Bharti Airtel launches India's first 20-screen multiplex. In the Metaverse. Airtel's Xstream multiplex will be a 20-screen platform with access to content portfolios from leading OTT partners available on the application

Relocation startup HappyLocate to hire 600 employees this financial year. Tech-based one-stop relocation platform HappyLocate on Tuesday said it is planning to hire over 600 employees this financial year in line with its expansion plans

Irdai eases solvency margin requirement for insurers underwriting crop biz. It is estimated that the Insurance Regulatory and Development Authority of India (Irdai)'s move to ease solvency margin will unlock nearly Rs 1400 crore.

IPL media rights: Package D sold even as bidding war goes on for package C. Package C includes rights for the opening game, final match, three play-offs and weekend double headers, a total of 18-20 of the best matches of each season for the next five years

Mukesh Ambani's consumer empire gets a cricket spin with IPL digital rights. The spoils from the digital rights for Indian Premier League cricket, snagged by billionaire Mukesh Ambani's Viacom18 by dethroning Walt Disney & Co. for the next five years

Volvo Car India sets up solar power panels at Haryana, UP health centres. Volvo Car India on Tuesday said it has set up solar power panels at community and primary health centres in Haryana and Uttar Pradesh

Air India fined Rs 10L by DGCA for not compensating flyer denied boarding. DGCA's spot checks found that Air India does not have a policy on denied boarding and is not paying any compensation to the passengers

Bajaj Auto defers share buyback proposal, stock declines over 6%. Company informs stock exchanges that its board 'has decided that further deliberations are required in order to take a decision on the proposal of buyback'

PhonePe sells over 1 mn two wheeler insurance policies on its platform. Sees over 75% of overall insurance purchases from tier 2 & 3 cities

Zydus Lifesciences' chairman appointed as director in RBI's board. Zydus Lifesciences on Tuesday said its chairman Pankaj R Patel has been appointed as a part time non-official director in the central board of the Reserve Bank of India (RBl). The Appointments Committee of the Cabinet (ACC) has approved the proposal of app

LIC ups stake in Capri Global to over 7% with Rs 221 cr investment. LIC has increased its stake in non-banking finance company Capri Global Capital, to over 7% from 5% earlier, during the February-June period with an investment of over Rs 221 cr, LIC said

DoT ignores telcos' protest, favours 5G spectrum sale for captive networks. Enterprises setting up private captive networks may obtain the spectrum directly from the DoT, says a media report

CCI approves acquisition of AirAsia India by Air India. The two combined entities will have a 15.7% share of India's domestic passenger market

Bengaluru ranks 5th globally for tech VC investments in 2022: Report. The city's tech firms have raised .5 bn in tech venture capital investment so far in 2022 - more than any other year previously

LIC hikes stake in Capri Global Capital to over 7% for Rs 221 cr. Acquires about 3.6 mn shares at an average price if Rs 624.61 a share

IT, technology lead July-Sept 2022 hiring outlook: ManpowerGroup Survey. Record high hiring outlook of 51% in eight years

Tesla India policy exec quits after company puts entry plan on hold: Report. Manuj Khurana, policy and business development executive at Tesla in India, was hired in March 2021 and played a key role in forming a domestic market-entry plan for the US carmaker in the country

Latest stock market News for tomorrow Access previous news reports: 872873874875876877878879880881882883884885886887888889890

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