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NSE share market NEWS tomorrow (06 June, 2022). NSE stocks in NEWS (tomorrow)

NSE share market NEWS tomorrow (06 June, 2022). NSE stocks in NEWS (tomorrow) These are NSE stocks which will be in NEWS tomorrow as on 06 June 2022

Oil India was amongst the top gainers, currently trading at 278.90 in NSE with 5.946 times change in volumes and 11.138% change in price. Other gainers included Pg Electroplast with 6.47% price change and 1.841 times volumes, Bajaj Auto with 3.929% price change and 2.773 times volumes, Tata Elxsi with 3.118% price change and 1.934 times volumes, and Jsw Steel with 2.942% price change and 1.631 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.

Varun Beverages was amongst the top losers, currently trading at 733.05 in NSE with 0.867 times change in volumes and -33.386% change in price. Other losers included Suzlon Energy with -9.341% price change and 1.812 times volumes, Amber Enterprises with -5.037% price change and 0.965 times volumes, Delhivery with -4.751% price change and 1.252 times volumes, and Coforge with -4.076% price change and 0.954 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.

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.

Four of top-10 firms add Rs 2.31 trn in m-cap; Reliance lead gainer. The valuation of Reliance Industries jumped Rs 1,38,222.46 crore to reach Rs 18,80,350.47 crore

Animal husbandry startups offer hi-tech solutions to livestock sector. The Startup developed a series of farms and the necessary ecosystem that ensures that the milk drawn from the cows reaches the collection centre faster and without contamination

Tata Starbucks sees 76% growth in revenue to Rs 636 crore for 2021-22. Its revenue growth was led by higher realisation from existing stores and new stores added during the financial year ended on March 31, 2022

Tata Motors to strengthen R&D capabilities with fresh hiring this year. Tata Motors is gearing up to strengthen its R&D with fresh hiring as well as upskilling of the current employees this fiscal year in order to scale up capabilities across various business verticals, including the electric vehicle segment, as per a top comp

Sun Pharma plans to expand field force in India by 10% this fiscal. The Mumbai-based drug major currently employs around 11,000 Medical Representatives and related staff in India

Public Sector OMCs in Tamil Nadu to set up 900 e-charging stations. The e-charging station owners want the government to provide more subsidies to those who buy e-vehicles as this would increase the carbon footprint and thereby increase the environmental conditions

Benq aims over Rs 1,000 cr turnover in next 3 years from Indian market. Technology products and consumer electronics maker Benq is aiming

ONGC's nominee director appointment on HPCL board stuck in paperwork. For over five months now, Oil and Natural Gas Corporation (ONGC) has had no representative on the board of Hindustan Petroleum Corporation Ltd

Anarock's FY22 revenue up 32% on recovery in housing demand: Chairman Puri. Our revenue has grown to Rs 402 crore during the last fiscal from Rs 305 crore in the 2020-21 financial year: Anuj Puri

Coal supply by CIL to captive power plants, cement sector drops in May. The fuel supply by Coal India Ltd (CIL) to captive power plants dropped 39.74 per cent in May 2022 over the year-ago period

Netplus Broadband keep Rs 300 crore capex for FY23; focus on rural coverage. Netplus has earmarked Rs 300 crore capital expenditure for current financial year, out of which most of investment will be made in expanding the network in rural areas, a senior company official said

Join a firm that doesn't treat you as employee id: Banerjjee of Tata Neu. Says knee-jerk reaction-driven startups get rid of their biggest assets--the very people on whose shoulders these businesses were built

Rail orders critical for survival of JSW Steel's Italian biz: Company exec. The fate of JSW Steel's businesses in Italy largely depends on contracts from Italian railway authorities, failing which it will look at other alternatives, a top official said. JSW Steel has so far failed to revive the company it acquired in 2018, and ris

Covid-19 vaccine: SII to test Novavax for Omicron variant strain. The Pune-based company has also got a nod from the Indian drug regulator's office to manufacture trial batches of this vaccine for the purpose of testing, sources indicated.

Great Eastern Energy to invest billion in shale gas exploration. Great Eastern Energy Corporation Ltd, a pioneer in the field of coal bed methane in India, plans to invest about USD 2 billion (Rs 15,000 crore) in exploration of shale gas at its Raniganj South block in West Bengal, its MD & CEO Prashant Modi said. "We wa

Daiki Axis Japan setting up second unit in India at Rs 200-cr investment. The plant with a capacity to produce 1,000 sewage treatment units with Japanese 'Johkasou' technology is coming up in Palwal, Kamal Tiwari, CEO of Daiki Axis India, told PTI

Ford India workers continue protest, seek better compensation for job loss. About 2,600 workers of Ford India Pvt Ltd's plant at Maraimalainagar continue their protest demanding better compensation as the company has decided to shut down its plant

NTPC awards coal import tenders worth Rs 6,585 crore to Adani Enterprises. The firm placed 6 tenders & received technical bids from 4 players - Ahmedabad-based Adi Tradelink, Chennai-based Chettinad Logistics, and Delhi-based Mohit Minerals Ltd along with Adani Enterprises

ITC scales up its 360-degree interventions towards a 'Greener Earth'. On this World Environment Day, ITC reaffirmed its commitment towards a 'Greener Earth' through its bold Sustainability 2.0 agenda

Vedanta to raise up to Rs 4,089 cr via non-convertible debentures. Vedanta Ltd on Saturday said a committee of directors has approved raising up to Rs 4,089 crore via debentures on a private placement basis.

Cairn Oil and Gas to convert Mangala pipeline to solar power by 2025. Cairn Oil & Gas, a unit of mining giant Vedanta Ltd, will convert a pipeline that ships crude oil from its prolific Rajasthan oilfields to Gujarat to solar power by 2025. To commemorate World Environment Day on June 5, Cairn Oil & Gas will convert the Mang

In midst of transformation; addressing weaknesses in ops: Eveready MD. Eveready Industries India Ltd is in the "midst of a transformation" of its business and has taken steps to address areas of weaknesses in its operations and the product portfolio

BoB to benefit from govt thrust on infra spending: Chairman Hasmukh Adhia. The banking industry of course would be benefited due to increase in the demand for bank credit and Bank of Baroda would be a key beneficiary of these developments," he said.

NCLAT allows withdrawal of insolvency proceedings against Kanoria Sugar. The NCLAT has permitted withdrawal of corporate insolvency resolution process (CIRP) against Kanoria Sugar and General Manufacturing Company.

Larsen and Toubro Infotech CEO and MD Sanjay Jalona relinquishes office. Larsen and Toubro Infotech on Saturday said its Chief Executive Officer and Managing Director Sanjay Jalona has relinquished office. Jalona had resigned on May 6 after announcing the merger of Mindtree with Larsen and Toubro Infotech (LTI), citing personal

Clash of the titans: Ambani pips Adani to reclaim Asia's richest title. As of June 3, Reliance Industries' (RIL's) chairman's net worth was .7 billion, while the wealth of Adani Group's founder stood at .7 billion

Tata Projects wins bid to build Jewar Airport, beats SP Group and L&T. Betters SP Group, L&T on quality and cost-based selection criteria

Murthy advises start-ups not to see IPOs as 'surrogate' for a funding round. Says that isn't a good thing as an IPO comes with great responsibilities; points to pressure from VCs as a reason for IPO move by companies

SJVN to invest over Rs 1,000 cr in 3 solar projects in UP, says CMD Sharma. Power producer SJVN will invest over Rs 1,000 crore to set up three renewable energy projects in Uttar Pradesh.

NTPC, Vedanta and 14 others issued notices for delay in operating mines. While Vedanta and NTPC were issued notices for delays in production of three blocks each, Birla Corp Ltd and Karnataka Power Corporation Ltd were given show cause notices for two blocks each.

Tata group's Air India takeover worries Singapore's antitrust body. Says move could limit competition on India-Singapore routes

Fitch downgrades OYO's ratings over uncertainty in making profit. Rating agency expects the company's FY23 revenue to increase by around 30%, lower than its forecast.

SC allows banks to go ahead with Siva Industries settlement offer. Says tribunals can't interfere with banks' commercial wisdom; promoter's offer of Rs 328 cr was okayed by CoC

Reliance, Apollo Global close in on Boots buyout; bid may come in today. Walsgreen put up the business for sale in December last year and has been seeking a valuation of about 7 billion pounds

Tata Projects to build Noida International Airport; pips L&T, Shapoorji. Tata Projects will construct the terminal, runway, airside infrastructure, roads, utilities, landside facilities and other ancillary buildings at Noida International Airport

Govt clearance must for companies to appoint Chinese directors on board. According to an MHA notification, it will be mandatory for companies to seek clearance from the government before appointing directors from land-border sharing nations on their boards

Xiaomi announces management reshuffle in India amid ongoing tussle with ED. The move follows recent transition of Manu Kumar Jain to a global role as Group Vice President responsible for international strategy including international marketing and PR

ExpressVPN removes India-based servers, says Centre's rules 'overreaching'. Virtual private network service provider ExpressVPN announced removal of all its India-based VPN servers, rejecting the directions given by CERT-In

Omega Seiki joins hands with Grip Invest, plans to lease 5,000 EVs by 2023. EV maker Omega Seiki Mobility has formed a strategic partnership with Grip Invest for lease financing to retail investors

Mukesh Ambani surpasses Gautam Adani, becomes Asia's richest man again. Reliance Industries chairman Mukesh Ambani's net worth was .7 billion as of June 3, according to Bloomberg's Billionaires Index

No casualty, cause of fire being ascertained, says Deepak Nitrite Ltd. Flames brought under on Thursday night, first aid treatment for injured

Govt's cybersecurity rules risk creating 'environment of fear': Tech firms. Indian cybersecurity rules due to come into force later this month will create an "environment of fear rather than trust", a body representing top tech companies has warned the government

Xiaomi names new head for India unit after dispute over business practices. Tse, a British national who was also the former general manager of Xiaomi Indonesia, has helped the company expand into many global markets, Xiaomi India said in a tweet

PepsiCo to invest Rs 186 cr on expanding its largest food plant in India. The unit in UP makes Lays potato chips, the plan is to add a new line to churn out nacho chip brand Doritos

Travel technology firm Egencia announces development centre in Gurgaon. The facility will focus on travel management, engineering, e-commerce, and used for technology support.

Aether Industries makes exchange debut with premium of 10% over issue price. Shares of Aether Industries made a relatively firm debut on the exchanges against recent listings on the exchanges.

Japan energy and tech giant Toshiba seeing going private as an option. Toshiba executives on Friday said privatisation remains an option for the Japanese tech company, as they defended their efforts to choose the right bidder to restore what they called a strong Toshiba.

Essar sells Mahan-Sipat transmission line to Adani for Rs 1,913 cr. Deal will bolster Adani's presence in central India, help it achieve its 20,000 circuit km target before time

Aether Industries surges 21% on listing day to end at Rs 777 on BSE. This was the second highest gain on debut this year for IPOs of over Rs 150 cr, after Campus Activewear

Musk feels 'super bad' about economy, needs to cut 10% of Tesla jobs. Tesla employed around 100,000 people at end of 2021. Musk warned staff on Tuesday to return to office or leave.

NCLAT directs new board of IL&FS to pay lenders on a pro-rata basis. The interim distribution will be for Rs 16,361 crore -- Rs 11,296 crore in cash and Rs 5,065 crore in InvIT units

Rivian's Saudi backer makes Rs 1,700-crore bet on Greaves Electric. India, the world's fourth-largest automobile market, is pushing to decarbonise transport and achieve a goal of turning net carbon zero by 2070

Ford India workers' protest for better severance package enters Day 4. The management is reportedly considering a 'loss of pay' option for the striking staff

Why are startup CEOs getting big jumps in their salaries just before IPO?. The last two years have seen several startups going public to raise funds. But just before hitting the primary markets, the salaries of their CEOs are seeing curious jumps. Let us find out why

UltraTech announces Rs 12,886 cr capex plan as competition grows in cement. Bracing for stiff competition, the firm looks to boost capacity by 22.6 mtpa

CoinSwitch launches benchmark index for crypto market in Indian Rupee. CRE8 tracks eight assets representing over 85 per cent of the total market capitalisation of digital assets traded in Indian Rupee.

Twitter enters restructuring mode, focuses on user growth, says report. As Twitter pauses hiring, the micro-blogging platform is reportedly shifting employees away from audio Spaces, Communities and newsletters verticals for areas that "will have the greatest positive impact to the public conversation".

WardWizard sales up 30% in May as low-speed e-scooter category grows. WardWizard Innovations also announced that it will commence deliveries of its high-speed scooters this month.

Govt gives gencos time till Friday to begin process for coal imports. GENCOS who either don't place their indents with CIL by 3.6.2022 or haven't initiated their tender processes of coal imports, will be allocated only 70% of domestic coal, said govt

Motorola unveils new smartphones in India: Check design, specs and price. The smartphone comes with 6.5-inch IPS LCD display along with 90Hz refresh rate, 16MP triple rear camera setup, 5000mAh battery and much more

Coal India to issue two tenders for imported coal to address local shortage. Officials are rushing to make more coal available for utilities as shortages in July-September quarter are expected to be 15% wider than intitially estimated due to expectations of higher power demand

Airtel Payments Bank partners with Muthoot Finance to offer gold loans. Airtel Payments Bank on Thursday said it has partnered with Muthoot Finance to offer gold loans through Airtel Thanks app. There will be no-processing charge on the loan and Muthoot Finance will provide up to 75 per cent of the pledged gold value as a loan

Kotak Investment Advisors launches 'Kotak Cherry': Check details here. Kotak Investment Advisors' one-stop investment solution provider 'Kotak Cherry' aims to be an open architecture platform

Workers at Ford's Chennai plant go on strike, seek better compensation. An employee said the negotiations with the management were going on at "snail's pace".

Swiggy plan offers unlimited free deliveries from restaurants 10 km away. Membership programme has exclusive offers on 1,000 products in Instamart, the company's daily essentials service.

BigBasket raises Rs 350 cr from holding firm as it takes on competitors. The online grocer plans to expand its footprint to 70 cities this fiscal year, from about 37 now.

IndiGo's Ronojoy Dutta on the airline's performance and the horizon ahead. In an interview with Business Standard's Aneesh Phadnis and Arindam Majumder, IndiGo CEO Ronojoy Dutta tells about the airline's performance and plans about long international routes

Small shoe firms in Agra squeezed by material costs, fading demand. Small firms, which employ about 110 million Indians and account for 45% of manufacturing, were hit the hardest

Delhivery IPO: It was nerve-wracking, says CEO on taking the company public. Shares are now up 10% from Delhivery's debut, which Sahil Barua, the CEO, thinks signals solid appetite for risk in India's public markets despite a drop in financing from venture capital firms.

Abu Dhabi looks to house more Indian startups in Hub71 ecosystem. The Emirate of Abu Dhabi is keen on housing more Indian startups in its 'Hub71' ecosystem after having already met with some successes, officials said.

Hyderabad startup launches 10-minutes liquor delivery service in Kolkata. A Hyderabad-based startup has launched its services in Kolkata of delivering liquor in 10 minutes

DGCA fines Vistara Rs 10 lakh for letting untrained pilot land flight. The Vistara pilot, who was the first officer on the flight, landed the aircraft at the Indore airport without first getting the requisite training in a simulator

KKR veteran Sanjay Nayar hunts for India's next startup stars with new fund. The fund plans to back about 10 startups, focusing on sectors including consumer tech, fintech and software-as-a-service

Mittals looking to raise bn to buy portion of Singtel stake in Airtel. As per a media report, Mittals are in talks with some major banks like BNP Paribas, Bank of America, Citibank, JPMorgan, and Standard Chartered to raise over billion

Knowledge Marine bags Rs 70-cr order from Dredging Corporation. Knowledge Marine and Engineering Works Limited has bagged a Rs 70 crore order from state-owned Dredging Corporation of India for capital dredging at Mangrol Fishing Harbours Phase III in Gujarat

SankhyaSutra unveils 'Made in India' software for aircraft design. Reliance Industries Ltd had acquired an 83 per cent stake in SankhyaSutra Labs in 2019, with an investment of Rs 216 crore

ONGC applies for mining license to discover oil fields in Samastipur, Buxar. Oil and Natural Gas Corporation (ONGC), citing possibility of crude oil fields in Buxar and Samastipur districts of Bihar, has applied for the petroleum exploration license before the state government

Latest stock market News for tomorrow Access previous news reports: 880881882883884885886887888889890891892893894895896897898

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NSE share market NEWS tomorrow (06 June, 2022). NSE stocks in NEWS (tomorrow)

 

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