NSE share market NEWS tomorrow (13 June, 2022). NSE stocks in NEWS (tomorrow)
NSE share market NEWS tomorrow (13 June, 2022). NSE stocks in NEWS (tomorrow) These are NSE stocks which will be in NEWS tomorrow as on 13 June 2022
Adani Green was amongst the top gainers, currently trading at 1798.70 in NSE with 1.271 times change in volumes and 2.338% change in price. Other gainers included Marico with 1.543% price change and 1.288 times volumes, Pidilite Industries with 1.121% price change and 2.551 times volumes, Fsn E with 0.692% price change and 2.022 times volumes, and Macrotech Developers with 0.656% price change and 0.928 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 87.85 in NSE with 19.647 times change in volumes and -22.667% change in price. Other losers included Bajaj Finserv with -7.079% price change and 1.678 times volumes, Angel One with -7.046% price change and 2.29 times volumes, Iifl Holdings with -7.012% price change and 0.138 times volumes, and Jsw Energy with -6.862% price change and 0.404 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.
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
Affle Global buys additional stake in Indus OS to become largest investor. Affle and its affiliates now have approximately 60 per cent of investor voting rights tied to the issued preference shares in Indus OS
Future Retail case: NCLT to continue hearing Amazon's plea on June 14. A plea seeking initiation of insolvency resolution proceedings against Future Retail Ltd (FRL) was filed by Bank of India (BoI), the lead banker in the consortium of lenders of the company
Why is Ludhiana's apparel industry staring at losses?. Ludhiana's apparel industry, which churns out most of the country's readymade garments, is losing revenue. Two months of lockdown in China's Shanghai has brought the industry on its knees.
Why India's 5G rollout could be in jeopardy?. Govt wants to roll out 5G services this year. But an industry body says it will have no business case if operators' concern on private captive networks is not addressed. Will it affect the rollout?
IndiGo to restore allowances for crew from July 31 as flight ops recover. The airline, which had made a partial reinstatement of salary for pilots, is yet to restore pre-covid salaries.
Alembic Pharma gets USFDA nod for cancer treatment drug in US market. Alembic Pharmaceuticals on Friday said it has received approval from the US health regulator to market Dasatinib tablets, used to treat certain types of cancers, in the American market
At Rs 79.8 crore, Wipro CEO Delaporte highest paid in Indian IT sector. The Wipro CEO's package in FY22 was Rs 79.8 crore while the Infosys CEO, Salil Parekh drew Rs 71 crore, and the TCS CEO & MD, Rajesh Gopinathan drew 25.8 crore
IPL broadcasting rights: Amazon plans to pull out of Rs 60,000 cr race. Amazon's surprise pullout leaves the field open to Ambani's Reliance, Disney and Sony Group Corp
Indian oil firms to compensate ethanol makers for higher energy costs. Indian state fuel retailers have agreed to provide monetary relief to sugar mills and other producers of ethanol to compensate for high energy costs to boost biofuel production
Repo rate hike impact: HDFC raises home loan rate by 50 bps effective today. Effectively, now home loan rates of the lender would start from 7.55 per cent
Fintech startup HostBook raises mn in series A funding led by Razorpay. Hostbooks intends to utilise the Series-A funding to further scale its operations and enhance its existing product suite
Unicorns to take on lease 8.1 mn sq ft office space in 2022-24: Report. Startups with a valuation of billion or more, also called unicorns, are likely to take on lease 8.1 million square feet of office space during 2022-24 period across six major cities, a report said
InsurTech models to help Indian insurance mkt hit 2 bn by FY26: Redseer. New online distribution models such as B2C, B2B and B2B2C are key drivers of growth, with B2C in particular, gaining significant opportunities.
Consumer Affairs Ministry to hold meeting with edtech firms amid complaints. Consumer Affairs Secretary Rohit Kumar Singh said: "We are aware of this. I have called a meeting of edutech companies next week or so".
Coal India to source 6 MT more imported coal; floats medium-term tender. Two days ago, the company for the first time ever issued a tender for purchasing imported coal for gencos.
IIFL Finance up 8% after ADIA picks 20% in housing fin arm for Rs 2,200 cr. This is the second investment by ADIA in entities working in housing finance space in FY23. Last month, it concluded a deal to pick up 10% in HDFC Capital Advisors for Rs 184 cr
Exprto raises Rs 5 crore in seed funding from GSF, Angel List US, others. Funds raised by the education technology startup will be used to improve overall product service, accelerate growth and build new technologies, the company informed.
Two entities pay Rs 2.43 cr to settle insider trading case with Sebi. Quick Trading and Investment Advisors LLP and Vipul D Modi have settled with market regulator Sebi in case pertaining to insider trading after paying settlement amount totalling Rs 2.43 crore.
Adani group figures in Sri Lanka's parliamentary debate on electricity bill. The state power entity CEB engineers had given notice of a strike to protest the amendments becoming law
DMRC seeks to raise Rs 2,700-crore loan to pay Reliance Infrastructure. As of May 31, DMRC has incurred an interest liability of over Rs 300 crore solely on account of delays in payment to DAMEPL
Akasa Air to partner Griffin for sale, leaseback of Boeing planes. Under sale and leaseback model, the airline sells its planes to a leasing company and then leases them back
Wage cost inflation may moderate IT players' profit margins by 1.5%. The shrinking will be over and above the narrowing of up to 3.50 per cent on the operating profit margin front for most IT companies in FY22
Jeff Bezos, Mukesh Ambani set to battle over .7 bn IPL broadcast rights. Jeff Bezos, Mukesh Ambani's companies are expected to be the top two contenders at a June 12 Indian Premier League auction, which is likely to lure several bidders
Escorts receives approvals to change its name to Escorts Kubota Ltd. The name change comes in the wake of Japan's Kubota Corporation increasing its stake in Escorts to 44.8% by subscribing to new equity shares and through
DVI Fund Mauritius dilutes 3.3% stake in GMR Infra for Rs 720 crore. DVI Fund Mauritius Ltd, a public shareholder of GMR Infrastructure, on Thursday divested 3.3 per cent stake in the airports handling company for Rs 720 crore through an open market transaction. The shares were picked up by C/D Investors Fund LP, A/D Invest
Amazon India says it stepping up support plan for LGBTQAI+ employees. Same-gender partner of a worker can sign up for health insurance programme, says company.
Dr Reddy's subsidiary inks pact with US-based Olema Pharmaceuticals. Dr Reddy's Laboratories on Thursday said its subsidiary has inked a pact with US-based Olema Pharmaceuticals Inc to research, develop and commercialise novel small molecule inhibitors of a target
HDFC raises Retail Prime Lending Rate on housing loans by 50 bps. Following the RBI MPC's decision to raise benchmark policy rate by 50 bps, many lenders, including ICICI Bank and BoB, have also raised their external benchmark linked loan rates by an equal amount
Abu Dhabi's ADIA invests Rs 2,200 cr in IIFL Home Finance for 20% stake. This would be one of the largest equity investments in the affordable housing finance segment in India by a financial investor
Cred raises mn in funding led by GIC at .4-bn valuation: Report. The existing investors Tiger Global, Sofina Ventures, Alpha Wave Ventures and DF International also participated in the funding round, said a news report
SAP to double investments in India, sees 'major growth': Executive. Indian talent is 'unbelievable', says Thomas Saueressig, who is a member of the German firm's executive board.
RIL, Apollo put in binding bid to acquire UK pharmacy chain Boots. Offer values UK chemist chain at .3 billion
Bajaj Auto to consider share buyback, first such move after 2000. The move will be discussed in the meeting of the board of directors on June 14.
Can India have a four-day a week working model like the UK?. Following a pilot scheme, British citizens will work for just four days a week without a pay cut for the next six months. Wondering if we in India too can follow the Britons? Let's find the answer
Kerala: IBM launches automation innovation centre to meet business demands. To be in line with the business demands in India, the International Business Machines (IBM) on Monday launched Automation Innovation Centre at Brigade World Trade Centre Info Park in Kerala's Kakkanad
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