NSE share market NEWS tomorrow (08 June, 2022). NSE stocks in NEWS (tomorrow)
NSE share market NEWS tomorrow (08 June, 2022). NSE stocks in NEWS (tomorrow) These are NSE stocks which will be in NEWS tomorrow as on 08 June 2022
Macrotech Developers was amongst the top gainers, currently trading at 1099.60 in NSE with 1.967 times change in volumes and 5.074% change in price. Other gainers included Pnb Housing with 4.59% price change and 22.089 times volumes, Glenmark Pharmaceuticals with 4.025% price change and 2.433 times volumes, Sbi Cards with 2.655% price change and 3.398 times volumes, and Odisha Cement with 2.581% price change and 1.545 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.
Amber Enterprises was amongst the top losers, currently trading at 2326.40 in NSE with 1.558 times change in volumes and -4.895% change in price. Other losers included Polycab India with -4.315% price change and 4.626 times volumes, Icici Lombard with -3.808% price change and 3.811 times volumes, Pg Electroplast with -3.777% price change and 0.375 times volumes, and Lic Housing with -3.333% price change and 1.193 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.
Air Products to supply hydrogen, nitrogen units for IOCL's Barauni refinery. Air Products, a world leader in industrial gases, on Wednesday said it has signed a long term supply agreement with the state-owned Indian Oil Corporation Limited (IOCL).
Amazon blocked 4 bn bad listings in 2021: Director-global brand relations. Amazon's automated technology scanned over 8 billion attempted changes to product detail pages daily for signs of potential abuse, compared to more than 5 billion in 2020
US ends General Motors' steering investigation without seeking a recall. US safety regulators have closed an investigation into sticky power steering on thousands of older General Motors SUVs and will not seek a recall. The National Highway Traffic Safety Administration says GM in 2014 issued "special coverage" to fix the probl
Vedanta pledges 5.77% stake in Hindustan Zinc for Rs 8,000-cr term loan. The Cabinet Committee on Economic Affairs had last month approved the sale of the government's remaining stake of 29.5% in Hindustan Zinc
Airtel users in India report Internet and network outage, services restored. Several Airtel users in India reportedly faced Internet and signal outage on Thursday. However, the company said it has restored the services.
Crompton Greaves plans to raise up to Rs 925 cr via debt securities. The board is scheduled to meet on Monday, June 13, 2022, Crompton Greaves Consumer Electricals Ltd (CGCEL) said in a regulatory filing
Future Enterprises defaults on Rs 1.41 cr interest payment for NCDs. The latest default is on the interest of securities issued for a sum of Rs 29 crore
Twitter plans shareholder vote by August on -bn sale to Elon Musk. Musk's lawyers warned Twitter on Monday that he might walk away from the acquisition if the company fails to provide the data he seeks on spam and fake accounts
Top headlines: RBI steps in to save rupee, power crisis deepens, and more. India's Minister of State for New and Renewable Energy Bhagwanth Khuba launched a "Ghar Ke Upar Solar Is Super" - another of those catchily-named schemes that characterise the Narendra Modi government
SpiceJet extends ESOP scheme to employees to recognise efforts amid Covid. SpiceJet extended its ESOP scheme to mid to senior level employees and critical resource staff in recognition of their contribution to the Company in the last three years of the Covid-19 crisis
Rising rates to impact post-pandemic recovery in real estate sector. The rising rates will depress demand and slow down sales
Surfshark to shut down servers in India over govt's new CERT-In rules. Surfshark said that its servers in India will be shut down before June 27, when CERT-In's new rules will come in effect
Mphasis sets up delivery centre in Alberta, Canada; to hire 1,000 people. The Blackstone-backed IT services major Mphasis will offer its next-generation digital technology services to both existing and new Fortune 500 clients through this centre
Reliance Capital CoC to further extend resolution plan submission date. As of now, only three bidders are actively engaged with the lenders for Reliance Capital RCAP resolution including Piramal, Yes Bank and IndusInd.
Mobikwik seeks to raise 0 million in equity after deferring planned IPO. One Mobikwik Systems Ltd. is in talks with investors to raise as much as 0 million in equity to finance business expansion
YES Bank to form alternate Board after exiting restructuring scheme. Yes bank's largest shareholder, SBI, has proposed Prashant Kumar's name for MD & CEO's position for a three-year term
BPCL winds up data room after govt puts off privatisation plan. BPCL had in April last year opened a virtual data room, mostly containing financial information on the company, for the qualified bidders signing Confidentiality Undertaking
IBM begins closing business, laying off staff in Russia: CEO Arvind Krishna. IBM has started an "orderly wind-down" of its business and laying off the workforce in Russia with its CEO Arvind Krishna saying the IT giant will continue to stand by its employees in the country.
Centrum Broking gives 'buy' call for IndiGo with target price of Rs 2,284. IndiGo continues to consolidate its domestic leadership position and is making a major push towards international markets through codeshares
Boehringer Ingelheim obtains ad-interim injunctions on 4 Indian pharma cos. The firms had launched generic versions of Boehringer's patent-protected drug Linagliptin, which is marketed under the brand name Trajenta
Bain Capital special situations fund earmarks 0 million for India. The PE major has already pumped in over USD 1.2 billion since its entry into the country over a decade ago.
Meesho eyes 1.2 bn shipments by next year using third-party logistics. SoftBank-backed internet commerce firm aims to become biggest contributor in its space in terms of shipments through 3PL players
India-France DTAA sparks tax row with Saint Gobain, HC orders higher outgo. Court says firm can pay "under protest", subject to final order; dispute could trigger similar rows in tax matters with MNCs, experts warn
WhatsApp launches SMBSaathi Utsav to help small biz adopt digital mediums. SMBSaathi Utsav has kicked off with a pilot in Jaipur's Johri Bazaar and Bapu Bazaar where over 500 small businesses are being trained on various aspects of running business online
Tech industry comfortable with hybrid work model: Nasscom-BCG report. Over 80 percent of the IT companies and GCCs are most likely to adopt a hybrid work model as compared to the rest of the industry segments
REL's ex-chairman Sunil Godhwani arrested for alleged Rs 800-cr fraud. Godhwani, who was already in judicial custody in case registered by Economic Offences Wing of Delhi Police for allegedly misappropriating funds of RFL, was taken on production remand and then arrested
Edtech customers face infra, refund issues; 96% seek regulation: Survey. The survey was conducted across 323 districts between April 1 and May 31, 2022 and received 27,000 responses
Why is 'Canadian Warren Buffett' Prem Watsa, so bullish on India?. Billionaire Prem Watsa's belief in India's growth story has made him pledge investment worth billion over the next five years. Find out more about 'Canada's Warren Buffett' and his India-plans
Gautam Adani faces off against Kumar Mangalam Birla over cement in India. Kumar Mangalam Birla comes from old money, unlike Adani, a first-generation entrepreneur
Adani Group, Apollo in talks to buy a majority stake in Metropolis. Adani and Apollo's deal with Metropolis could be at least worth billion or Rs 7,765 crore, given the market captalisation of the diagnostic chain
Delhi IGI airport to induct 62 EVs to cut down greenhouse gas emissions. The Delhi airport has decided to replace all its vehicles with EVs in the next four months for its airside operations under the Green Transportation Program
Bain Capital raises billion in biggest Asia special situation pool. Bain Capital LP raised billion for its second special situations fund, giving it the biggest pool of capital focusing on complex and structured credit and equity investments in Asia-Pacific
Sony ex-CEO Nobuyuki Idei, who led brand's global growth, dies at 84. Nobuyuki Idei, who led Japan's Sony from 1998 through 2005, steering its growth in the digital and entertainment businesses, has died, the company said
Mitsubishi Electric to invest Rs 220 cr to set up factory in Maharashtra. Mitsubishi Electric Corporation on Tuesday said it will invest about Rs 220 crore (3.1 billion yen) in its Indian subsidiary to set up a new factory in Maharashtra. The new factory will be set up near Pune in Maharashtra. Its subsidiary Mitsubishi Electric
HDFC-HDFC Bank merger: Parekh expects fair, judicious regulatory response. Says India could double the size of home loan business to 0 billion in 5 years
Time right for HDFC to find new home: Deepak Parekh to shareholders. The board of directors of HDFC and HDFC Bank on April 4 had approved the plan for an all-stock deal merger
Puma launches mobile shopping app in India to enhance digital offerings. German sports brand Puma on Tuesday said it has launched mobile shopping app in India to further enhance digital offerings for consumers and provide quicker access to its products.
Softbank-backed InMobi expands partnership with Microsoft Advertising. To support enterprise and strategic advertisers in Southeast Asia, West Asia, and Africa under new arrangement
Fraud 'orchestrated and committed' by Future Group, its promoters: Amazon. Amazon warned of legal action to block sale of Future Retail Ltd assets to Reliance Retail as part of a .4 billion deal
India's 101st unicorn: Edtech startup PW raises 0 mn in Series-A funding. Firm valued at .1 billion in funding round led by Westbridge and GSV Ventures
Ola in talks with multiple global suppliers for -bn cell manufacturing. Ola Electric needs 40 Gwh of battery capacity to power 10 million electric scooters annually
Reliance Jio expands 4G services in Ladakh region near Pangong lake. The telecom operator became the first network to provide 4G mobile connectivity in and around the Pangong area, a popular tourist destination, officials said
Ahmedabad-based Zydus gets USFDA approval to market generic acne drug. A combination of Adapalene (a retinoid) and Benzoyl Peroxide (an antibiotic and skin-peeling agent), the gel is used to decrease the number and severity of acne pimples
Chennai-based SaaS co Kissflow launches new low-code/no-code work platform. Platform unifies the entire spectrum of work management for enterprise-wide users. This includes end-users, teams, team managers, process experts, citizen developers and IT developers
Leased office space may rise 14% across 8 cities in CY22 : Cushman report. The demand for office space may rise 14 per cent this year to 60 million square feet across eight cities, mainly driven by strong rebound in Indian economy and aggressive hiring plans in IT/ITeS sector as well as startups, according to real estate consulta
Micro MSME Fintech ARTH raises .5 mn from KfW arm, MIT alumni and others. Total funding including from promoters rises to .5 million; funds to be used to expand services, enhance tech capabilities
Neelachal Ispat acquisition crucial for Tata Steel growth path: Official. The company plans to further expand it to 10 million tonnes per annum (MTPA) by around 2030, the official said.
Top headlines: Physics Wallah becomes unicorn; I-T portal develops snag. The Income Tax Department's new-look tax return filing portal, developed by Infosys, again developed snags on Tuesday - a day that marked the first anniversary of its unveiling.
SpiceJet extends ESOP scheme to mid-level workers, critical resource staff. The airline's decision to grant ESOP scheme to mid-level employees comes at a time when 2 airlines -- revamped Jet Airways and new carrier Akasa Air are planning to start flight operations this year
Jaipur-based Batt:RE inaugurates new e-scooter Stor:ie at Rs 89,600. The price is ex-showroom, excluding the subsidy amount provided by the central as well as state governments, the company said
Adani to invest Rs 1.5K crore in ammunition complex in Uttar Pradesh. It will comprise state-of-art technology across small and medium calibre ammunition
BoI contests maintainability of Amazon's intervention plea in FRL case. NCLT to hear matter on June 10; asks bank to respond to Amazon's intervention application; lender says will file reply without prejudice
Angel One demat customers cross 10 mn; base doubles in over 12 months. On an annualised basis, the gross addition grew by 108.7 per cent in the 12 months ending May 2022, the city-based securities firm said in a statement on Monday
Adani Enterprises to set up data centre at Bengal Silicon Valley: Minister. Addressing a press conference at the state assembly, West Bengal Industry Minister Partha Chatterjee said the cabinet gave its go-ahead to the company to set up the facility on 51.75 acres of land
Coal India plans green mining options through new technologies: Chairman. The comments come at a time when there have been concerns about global climate change on account of the burning of fossil fuels including coal, resulting into greenhouse gas emission.
NMDC cuts prices of lump ore by Rs 1,100 per tonne, fines by Rs 1,000. The revised prices are effective from June 5, 2022, and exclude royalty, District Mineral Fund (DMF), National Mineral Exploration Trust (DMET), cess, forest permit fee, and other taxes, the company s
FRL: NCLT to hear Amazon's plea opposing insolvency proceedings on June 10. A plea seeking initiation of insolvency resolution proceedings against FRL was filed by Bank of India (BoI), the lead banker in the consortium of lenders to the company.
TCS sees fall in staff attrition, robust demand for IT services: Top exec. More tech talent is expected to enter the job market from startups facing funding crunches, as central banks withdraw stimulus and hike rates: Girish Ramachandran
Tata Motors to supply 10K Xpres-Ts in largest-ever EV fleet order. Comes close on the heels of order signed with BluSmart for 3,500 Xpres-Ts
Coca-Cola India hopes to achieve 100% recycling of bottles, cans in 2-3 yrs. The company through its focus on three fundamental goals -- design, collect and partner -- is laying emphasis on entire packaging lifecycle
ACME Cleantech to invest Rs 52,000 crore for hydrogen, ammonia plant. The firm has built a solar portfolio of over 6 gigawatts-peak and operates over 1.5 GWp of capacity with another 10 GWp under construction
Arvind Limited gradually cuts down its garment capacity in Ethiopia. The move to shash garmenting capacity in the African country is set to be compensated by fresh capital expenditure plans in India
Uber's lost-and-found list of curious things people tend to forget in cabs. According to Uber, in 2022, afternoons are when riders seem to be most forgetful, particularly between 1 pm and 3 pm, when the maximum number of things are left behind
PNB fraud: ED files chargesheet against Mehul Choksi's wife, others. ED said that Priti was hand-in-glove with husband Mehul Choksi in getting companies incorporated for him for laundering and siphoning of proceeds of crime and utilising and projecting them untainted
Why VCs are still backing Indian startups despite growth stocks crashing. Singapore, June 6 (ANI): The last few months have not been good for startups and their venture capital (VC) backers.Growth stocks like Southeast Asia's largest ride-hailing and food delivery company Grab, ecommerce giant Sea Limited, Indian companies Paytm
SpiceJet restricts 90 pilots from flying 737 MAX aircraft after DGCA fine. The faults were detected during a surveillance check by the DGCA at the Greater Noida-based facility of CAE Simulation Training Pvt Ltd
Tata's super app not just old wine in 'Neu' bottle, says JM Financial. Tata Group's Tata Neu is an ecosystem bringing the conglomerate's data-driven omnichannel experience to consumers across multiple channels, said JM Financial Institutional Securities
Garuda Aerospace picks 'farmer' MS Dhoni as shareholder, brand ambassador. To have MS Dhoni as a part of the Garuda Aerospace family is honestly a dream come true, says Garuda Aerospace CEO, Agnishwar Jayaprakash
NCLAT stays insolvency proceedings against RHC Holding initiated by NCLT. The National Company Law Appellate Tribunal (NCLAT) has stayed the insolvency proceedings against RHC Holding, an entity promoted by former promoters of erstwhile Ranbaxy and Fortis Healthcare
Physis Capital hopes to start investing in promising startups by Oct. The fund, which aims to build a portfolio of 15-20 startups with minimum ticket size of USD 2 million, has recently received approval from Securities and Exchange Board of India
SpiceJet says 90 barred pilots to undergo re-training after DGCA slaps fine. The DGCA had barred 90 SpiceJet pilots from operating the Boeing 737 Max aircraft, and those pilots were subjected to retraining on 737 Max simulators.
NMDC shareholders to discuss Nagarnar Steel Plant demerger on Tuesday. The Centre is aiming to complete the demerger of NSP from MMDC within the next four to five months, according to an official document.
Tata Power ties up with Kolte-Patil Developers for e-charging stations. As part of the wider green mobility adoption, EVs and the charging infrastructure play a key role to mitigate climate change challenges in the urban mobility space, Tata Power said in a statement
ACME Group to invest .7 bn in green hydrogen project in Karnataka. According to the MoU, in the first phase, the company proposes to invest Rs 5,300 crore and in the second phase Rs 46,565 crore. It has proposed to generate 1,800 jobs.
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