NSE share market NEWS tomorrow (14 June, 2022). NSE stocks in NEWS (tomorrow)
NSE share market NEWS tomorrow (14 June, 2022). NSE stocks in NEWS (tomorrow) These are NSE stocks which will be in NEWS tomorrow as on 14 June 2022
Adani Enterprises was amongst the top gainers, currently trading at 2196.45 in NSE with 3.693 times change in volumes and 5.611% change in price. Other gainers included One 97 with 4.165% price change and 1.644 times volumes, Aurobindo Pharma with 3.667% price change and 2.79 times volumes, Varun Beverages with 3.429% price change and 2.003 times volumes, and Torrent Power with 3.4% price change and 1.457 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.
Oil India was amongst the top losers, currently trading at 268.15 in NSE with 0.969 times change in volumes and -5.797% change in price. Other losers included Hindustan Petroleum with -5.665% price change and 3.526 times volumes, Computer Age with -5.148% price change and 0.974 times volumes, Bajaj Auto with -5.14% price change and 3.335 times volumes, and Indian Bank with -5.003% price change and 1.278 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: 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
Bajaj Finance raises deposit rates up to 20 bps on various tenors. Bajaj Finance Ltd, the lending arm of Bajaj Finserv, on Monday said it has raised fixed deposit interest rates on various tenors -- 24-60 months -- by up to 20 basis points (0.20 per cent). This will not include deposits of 44 months tenor, it added. The r
Amara Raja bags NTPC contract for green hydrogen fuelling station in Leh. The completion of the project would usher in a new era of emission-free transport in and around Leh, it said, adding India would be among few countries to take a lead in this green mobility space.
Foxconn's Bharat FIH gets Sebi nod to raise Rs 5,000 crore through IPO. The initial share-sale of Bharat FIH comprises fresh issue of shares worth Rs 2,502 crore and an offer for sale of up to Rs 2,502 crore by promoter group and Foxconn unit Wonderful Stars
Food delivery firms asked to submit plans for improving complaint redressal. Centre directs e-commerce food business operators to submit proposal on improving consumer grievance redressal mechanism within 15 days
Railways to invest Rs 50 cr a year in startups; innovators to retain IPR. Indian Railways will invest more than Rs 50 crore annually to fund startups, Ashwini Vaishnaw said, adding that unlike other such collaborations, IPR for innovations will remain with the innovator.
Asset quality in NBFCs, HFCs improves in Q4FY22 on lower slippages: Icra. The standard restructured book of NBFCs is estimated to have reduced to 2.7-3 per cent in March 2022 from the peak of 4.5 per cent in September 2021
Simplilearn to add 800 staff this year in India, international markets. The hiring is a part of the company's plans to strengthen its teams in India and overseas markets to address the burgeoning demand for reskilling and upskilling, Simplilearn said in a statement
Edtech firm Toprankers raises Rs 31 cr Series A from Sixth Sense Ventures. Edtech venture Toprankers has raised million (about Rs 31.3 crore) in Series A funding from consumer fund Sixth Sense Ventures.
Adani's .5-bn Holcim acquisition doubles India Inc's deal value in May'. On the merger and acquisition side, there were 40 transactions in May 2022, aggregating to USD 11.9 billion and more than a fourth of those came from the startup sector
RIL-BGEPIL dispute: Govt mulls appealing against English court order. Reliance and BGEPIL on Dec 16, 2010, dragged the govt to arbitration over cost recovery provisions, profit due to the state and amount of statutory dues including royalty payable
Promoters have no intention to exit business: Metropolis Healthcare. Promoters are focused on strengthening the Metropolis brand, although it continuously keeps exploring various strategic options/investment opportunities
Zomato, Swiggy directed to make data sharing call the user's prerogative. Dept of Consumer Affairs also asks e-commerce food majors to furnish proposal on improving consumer grievance redress mechanism within 15 days
Embassy REIT distributes over Rs 5,800 cr to unitholders since listing. Embassy REIT has delivered 2.5 million square feet of new space and commenced a 4.6 million square feet of the new development growth cycle
Indian Highway Concessions looks to raise Rs 910 cr via private placement. InvITs comprises a portfolio of infrastructure assets such as highways and power transmission assets.
Zydus Lifesciences' Rs 750 cr-share buyback open between June 23-July 6. The drug firm, earlier known as Cadila Healthcare, has fixed July 15, 2022 as the last date for the settlement of bids on stock exchanges which may even happen early, as per a regulatory filing.
NCLAT rejects Amazon plea against CCI order, directs to pay Rs 201 cr. The deal involves a Rs 1,431-crore investment by the US major to purchase a 49 per cent stake in Kishore Biyani-led Future Coupons Pvt Ltd (FCPL) in 2019
Infra.market raises Rs 390 crore funding from Liquidity Group's arm. The construction market is a USD 140 billion opportunity, the company said, adding that it will also benefit from the USD 2 trillion national infrastructure pipeline announced by the government
Srei group transaction auditor reports Rs 3,025 cr fraud in FY20 and FY21. Srei Equipment Finance said its administrator has received a report from the transaction auditor about certain fraud transactions in FY20 and FY21, bearing a monetary impact of over Rs 3,025 crore
Centre orders online food operators to show break-up of all charges levied. Asks them to submit plan in 15 days for improving complaint redress
Has the Meesho incident highlighted the flip side of influencer marketing?. Of late, credibility of some influencers has come into question. Meesho sent legal notices to some social media influencers for tarnishing the image of the company. More about influencer marketing
NCLAT upholds CCI order, asks Amazon to pay Rs 200 cr penalty in 45 days. The National Company Law Appellate Tribunal rejected Amazon's plea challenging the decision of CCI to suspend the approval for the e-commerce major's deal with Future Coupons
Myntra sells record-breaking 5 million products on day 1 of EORS-16. Myntra, one of India's leading fashion, beauty and lifestyle destinations, on Monday said that the 16th edition of its flagship EORS-16 witnessed over 70% growth in traffic over business as usual
IPL media rights auction concludes; value stays at Rs 43,050 crore. The per-match value for IPL has touched .5 million (or Rs 105 cr), which is second only to America's National Football League, which costs a broadcaster million (Rs 132.26 crore) per match
AAI seeks waiver of mandatory annual dividend payment for 2021-22 fiscal. Airports Authority of India (AAI) has requested the government to waive the compulsory dividend payment requirement for the financial year ended March 2022
Rajesh Exports will invest bn to set up India's first e-display plant. Jeweller Rajesh Exports has agreed to invest billion in Telangana state to set up the country's first electronic-display plant, the state government said late on Sunday
Reliance Infra to receive Rs 595 cr from Damodar Valley Corp by July end. Reliance Infrastructure Limited (Reliance Infra) is set to receive a sum of Rs 595 crore from Damodar Valley Corporation (DVC) by July 31.
Financial health of discoms hurdle for renewable energy sector: Moody's. The payment delays to the state-owned distribution companies are common, leading to a build-up of receivables from off-takers and an increase in working capital debt for renewable energy companies
Nearly 50% Indian software developers plan to quit job this year: Report. About 44 per cent of developers based in India are considering leaving their job this year compared to 42 per cent globally, according to a report
Rustomjee group firm Keystone Realtors files Rs 850-cr IPO papers. Rustomjee group company Keystone Realtors has filed preliminary papers with Sebi to raise Rs 850 crore through an initial public offering (IPO)
Two broadcasters for IPL: Digital and TV rights valued at Rs 44,075 cr. The winner of the IPL TV rights is eyeing the digital rights and has the right to rebid in the second category, according to rules laid down in the tender document
Crompton Greaves Consumer Electricals to raise Rs 925 cr via NCDs. Crompton Greaves Consumer Electricals Ltd on Monday said it plans to raise long-term funds up to Rs 925 crore through the issuance of non-convertible debentures on a private placement basis
Tata Steel unveils 7 mn pound green investment plan for UK steel tube mill. Tata Steel has unveiled a 7-million pound investment plan for its Hartlepool Tube Mill in north-east England that the Indian steel major says will cut carbon emissions, improve capacity and reduce cos
HSBC India to lend 0 million to high-growth, tech-led startups. Foreign lender HSBC India on Monday announced that it will lend USD 250 million to startups in the country. The bank did not specify the timeframe for disbursal of the amount The lending will be done to high-growth, tech-led startups in the third largest s
Airtel Xstream tops 2 mn paid-user mark, to focus on regional content plan. CEO of Airtel Digital, Adarsh Nair said, Airtel Xstream is well-positioned to solve the challenges faced by both OTT content providers and customers.
Veteran banker Subramaniakumar to join as MD & CEO of RBL Bank from Jun 24. Banking sector veteran R Subramaniakumar, with over 40 years of experience, will take charge of private sector RBL Bank from June 24, replacing the interim MD & CEO Rajeev Ahuja. Ahuja took charge as the interim MD & CEO of the bank after the sudden ouster
Oil movement from Sakhalin-1 disrupted due to sanctions against Russia: OVL. Exxon has announced its exit from the project following Russia's invasion of Ukraine and has reportedly begun withdrawing expatriates from the project.
Queuebuster raises Rs 63 cr from Omidyar, Chiratae, Flourish Ventures. The 2016-founded company will use the funds to focus on merchant growth, product enhancements and scaling of its distribution network, it said.
Carl Pei's Nothing to locally manufacture smartphone in India: Official. In March, the company had announced plans to expand its device ecosystem beyond the audio segment starting with foray into the smartphone business.
Mobile-based PoS app QueueBuster raises Rs 63.3 cr in series A round. Funding led by Chiratae Ventures, Omidyar Network India and Flourish Ventures
Zara's India revenue in FY22 rises to Rs 1,815 cr; profit at Rs 148.76 cr. In FY21, Inditex Trent Retail India Private Ltd (ITRIPL), a JV which is engaged in the operation of Zara stores in India, had reported a net loss of Rs 41 crore and its revenue fell 28.3 per cent
Vedanta to modify design of waste heat recovery plant in Goa. This is in line with Vedanta's efforts towards reducing the carbon footprint
Govt loses appeal to 1 mn arbitration award in dispute with RIL, Shell. The government has lost its appeal in the English High Court against a 1 million arbitration award in favour of Reliance Industries Ltd and Shell in a cost recovery dispute
Steel industry body seeks govt intervention to check coking coal price. Industry body ISA has sought the government's immediate intervention to check coking coal price, which has grown three-fold to around 0 a tonne
Byju's-owned Aakash eyes 60-70% growth in FY23; new centre, hiring on cards. Test preparation major Aakash Educational Services (AESL), owned by Byju's, is confident of growing at 60-70 per cent this year, with its business momentum driven by market demand
Tencent buys stake worth Rs 2,060 cr in Flipkart from Binny Bansal. Bansal holds around 1.84 per cent stake in Flipkart after selling part of his stake to Tencent Cloud Europe BV
BharatPe sees more high-profile exits as Nathani resigns after Grover. After facing the months-long Ashneer Grover saga, fintech platform BharatPe is witnessing some high-profile exits and now, its founding member Satyam Nathani has resigned
Ford India lines up 'non-negotiable' severance package for workers. Warns early closure of unit, legal action against workers starting June 14
Tencent buys stake worth 4 mn in Flipkart from co-founder Binny Bansal. Binny Bansal now holds 1.84% in Flipkart after this deal with Tencent Cloud Europe BV
India's first display fab to be established in Telangana worth Rs 24,000 cr. The Telangana government signed an MoU with Karnataka-based Elest for the proposed fabrication unit which will manufacture next generation displays for smartphones, tablet computers, and laptops
Axis Energy Ventures commissions 445-MW solar plant in Rajasthan. Axis Energy Ventures India on Saturday said it has commissioned a 445 MW solar plant in partnership with Brookfield Renewables in Rajasthan
Footwear firm Khadim India celebrates founder's 96th birth anniversary. Khadim at present has expanded to 799 retail outlets and has a network of 575 distributors
6 Indian banks sue GVK Coal Developers in London for .5 bn loan default. The banks have sued GVK Group-owned GVK Coal Developers over a dispute on a -billion loan and -million letter of credit facility and a 0-million loan
Meet the CEO who is putting in overtime to shorten your workweek. Joe O'Connor heads a nonprofit helping companies around the world to adopt more flexible work schedules.
RBI approves former IOB chief Subramaniakumar as CEO of RBL Bank. Industry veteran started his career with Punjab National Bank and his new role is for three years.
Viacom 18, Disney Star among firms shortlisted for IPL TV, digital rights. The e-auction for the media rights from 2023 to 2027 will be held on June 12.
Cloudtail says CCI detained its employees illegally during raid. An initial hearing on Cloudtail's filing at the Delhi High Court on June 3 did not mention the detentions, and the contents of the filing have not been posted publicly
NCLAT begins insolvency proceedings in just one project of Supertech. NCLAT on April 12 stayed the formation of CoC as the promoters have sought some time to settle the matter with their financial creditor
E-commerce startup Meesho records 5.35 mn orders in one-day sale event. Over 26,000 new sellers participated in the sale event, the statement said
EVs catching fire because of 'mad rush' to get into business: Rajiv Bajaj. 'Upstarts and not start-ups have entered the sector'
Consumer affairs ministry to set up panel for FAQ on cryptocurrencies. Calls meeting to discuss complaints against edutech firms
Teaching is still my first love: Alakh Pandey, CEO & founder PhysicsWallah. He is gearing up to launch educational content in nine languages, including, Bengali, Marathi, Tamil, Telugu, Gujarati and Malayalam
Tata Tech eyes acquisitions, 69% growth to nearly 0 mn by 2025. For the year ended March 2022, Tata Technologies revenue was seen at 3.5 million, along with an operating profit of $ 86.5 million and profit after tax of million
Third major exit at BharatPe as founding member Satyam Nathani quits. He was to play a key role in Unity SFB, which was acquired through a BharatPe-Centrum Financial JV; CRO Nishit Sharma, head of institutional debt partnerships Chandrima Dhar had resigned earlier
At 1.27 lakh, OYO sees highest daily bookings in May as travel surge builds. Yatra, Booking.com, Ixigo also see biz uptick as travel picks up post-Omicron
Celebrities must disclose interest in products they endorse: Govt. Both government and private advertisements shall be covered by the new set of rules
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