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NSE share market NEWS tomorrow (02 June, 2022). NSE stocks in NEWS (tomorrow)

NSE share market NEWS tomorrow (02 June, 2022). NSE stocks in NEWS (tomorrow) These are NSE stocks which will be in NEWS tomorrow as on 02 June 2022

Delhivery was amongst the top gainers, currently trading at 570.45 in NSE with 15.188 times change in volumes and 6.497% change in price. Other gainers included Inox Wind with 4.881% price change and 1.24 times volumes, Mazagon Dock with 4.511% price change and 1.743 times volumes, Suzlon Energy with 4.255% price change and 1.675 times volumes, and Adani Green with 4.187% price change and 0.885 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.

Apollo Hospitals was amongst the top losers, currently trading at 3645.25 in NSE with 2.379 times change in volumes and -5.047% change in price. Other losers included Info Edge with -3.854% price change and 0.883 times volumes, Hero Motocorp with -3.427% price change and 2.539 times volumes, One 97 with -3.072% price change and 0.699 times volumes, and Indraprastha Gas with -2.792% price change and 2.481 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.

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

Unicorn Gupshup acquires OneDirect to strengthen conversational platform. Gupshup became a unicorn last year after it raised 0 million in funding at a valuation of .4 billion.

ITC Infotech pays mn to PTC for partially acquiring American PLM biz. ITC Infotech on Thursday said it has paid an amount of USD 33 million (around Rs 256 crore) to PTC as part of an agreement to acquire a substantial portion of the American company's product services

Chrome to soon block notifications from abusive, disruptive websites. Tech giant Google is reportedly working to cut down on the number of unwanted Chrome notifications that users receive, by blocking notifications from websites that the company deems to be "disruptive".

Swiggy offers more benefits to subscribers of its premium membership. "The program now offers users unlimited free deliveries on food delivery from all restaurants as far as 10 km, and for orders starting at Rs 149 only," Swiggy said.

MG Motor, Castrol to join hands with Jio-bp over mobility solutions for EVs. Under the partnership, Jio-bp, MG Motor and Castrol will explore setting up four-wheeler EV charging infrastructure and expand Castrol's existing auto service network to cater to EV customers

As competition hots up, UltraTech Cement to invest Rs 12,886 cr in capex. This ambitious capacity expansion plan is a significant milestone in the ongoing transformational growth journey of UltraTech, says Kumar Mangalam Birla, chairman, Aditya Birla Group

US-based Citigroup adds more capacity in its Chennai, Pune workspaces. US-based bank Citigroup Inc on Thursday said it has inaugurated two state-of-the-art workspaces in Chennai and Pune under its Citi Solution Centres network that would augment the capacity to serve

PFC lists 300-million euro green bonds on Luxembourg Stock Exchange. PFC Chairman and Managing Director (CMD) RS Dhillon rang the bell at the listing ceremony held in GIFT IFSC Gujarat on Wednesday, the company said in a statement

Welspun Enterprises bags Rs 4,636-cr order from civic body BMC. This takes the outstanding order book of the company to around Rs 12,500 crore, of which Rs 6,500 crore is in the water sector and the balance Rs 6,000 crore is from the road sector, WEL said

Lenders to consider loan settlement proposal of RFL: Religare Enterprises. Post RFL's OTS completion, it will have healthy prudential ratios, well above those prescribed by RBI

Hyundai total sales at 51,263 units in May; exports at 8,970 units. The company's two plants in Chennai observed the scheduled biannual maintenance shutdown leading to no production for six days in the month (May 16-21), the automaker said in a statement.

Vedanta employs largest lithium-ion battery powered fleet of 27 forklifts. Done in partnership with Gemini Equipment and Rentals India, this feat sets the ball rolling on Vedanta Aluminium's plans to decarbonise its industrial vehicle fleet.

Sachin Bansal's Navi Finserv's Rs 300-cr debt bond subscribed 1.4 times. The fintech firm's secured, rated, listed and redeemable non-convertible debentures (NCDs) have a total value of Rs 600 crore after including the greenshoe option of Rs 300 crore.

Reliance Brands signs JV to acquire 40% stake in toy maker Plastic Legno. Plastic Legno is owned by the Sunino group, which has been makings toys in Europe for over 25 years; started India ops in 2009 to develop a production hub for domestic and global markets

Zee can participate in IPL e-auction on its own, says MD Punit Goenka. Statement comes as company re-enters sports broadcasting after six years; unlikely to bid along with Sony

Online math class platform Cuemath raises mn, tops 7 mn valuation. The funding was led by Alpha Wave and the capital would help the firm to expand to over 100 countries by FY23

Fintech unicorn Slice raises mn funding led by Tiger Global, others. With its core credit product set to become profitable in the months ahead, Slice will use the new capital to shore up its balance sheet and support expansion of its new UPI product

MoEngage raises mn in round led by Goldman Sachs Asset Mgt, B Capital. This is Goldman Sachs Asset Management's first investment in an Indian SaaS company

IRDAI eases approval norms for health, general insurance products. Irdai has tweaked 'Use and File' procedure for all health insurance products and almost all the general insurance products in line with the reform agenda taken up towards having a fully insured India

Royal Enfield's total dispatches rise 133% at 63,643 units in May. Motorcycle maker Royal Enfield on Wednesday said its total sales stood at 63,643 units in May. The company had sold 27,294 units in the pandemic-hit May 2021, it said in a statement. Domestic sales last month were at 53,525 units as compared to 20,073 unit

Vedanta's panel of directors to consider raising up to Rs 4,100 cr via NCDs. Vedanta Ltd on Wednesday said a committee of its directors will meet this week to consider raising up to Rs 4,100 crore via debentures.

Air India offers VRS for employees in first move to prune headcount. Permanent employees above 55 years of age or who have completed 20 years of service can opt for the package

Hero MotoCorp reports 165% jump in wholesales in May at 486,704 units. Domestic sales stood at 4,66,466 units last month. The company had dispatched 1,59,561 units in the domestic market in May 2021.

Nestle India eyeing new categories to push growth: CMD Suresh Narayanan. Nestle India is looking to tap opportunities in new categories such as 'healthy ageing', 'plant-based nutrition' and 'healthy snacking' to boost growth in the country, CMD Suresh Narayanan said

Bata India's promoter divests 2.56% stake, sells shares worth Rs 613 cr. The shares were picked by a clutch of domestic mutual funds, foreign investors and an insurance company

Arbitration hearing set for January in Vedanta-Zambia copper mine dispute. Zambia's government accused Vedanta at the time of failing to honour licence conditions, including promised investment - accusations that Vedanta has denied.

Specially-abled child incident a lesson for us, won't appeal order: IndiGo. IndiGo CEO Ronojoy Dutta said IndiGo needs to be sensitive in their training and take the specially-abled child incident as a case study

India a key growth area, is going to be a massive market: Singapore Air CEO. CEO Goh refused to be drawn on whether Singapore Airlines would be interested in buying a stake in Air India

Specialty business set to spur growth for Sun Pharma in next 3 yrs: Experts. Global specialty drug sales for Sun Pharma have grown by 39% YoY in FY22 to 4 million

Top Indian firms show resilience post pandemic, Tata Group at top spot. Top Indian firms have shown resilience in post pandemic business conditions and TATA Group, with its brand value up 12 per cent to billion, continues to be the most valuable brand, a report showed

Ford India workers waiting for good compensation for loss of jobs. About 2,000 workers of Ford India's plant near that will be shutdown soon, are hoping for some good news from the management in respect of their severance package, said a union official

Aditya Birla launches digital venture TMRW in fashion and lifestyle space. TMRW will create India's largest portfolio of disruptor brands in the fashion & lifestyle space and enable the next phase of direct-to-consumer growth in India

Vedanta, ONGC, Oil India submit bids for discovered small field auctions. 26 companies submit 106 bids in DSF - III for which the last date of submission was May 31

Moody's upgrades BPCL outlook to 'stable' as govt calls off stake sale. The rating agency affirmed BPCL's Baa3 issuer rating reflecting its position as the second-largest state-owned refining and marketing company in India

India's FMCG sector grows at 6% in Q4; volumes contract on low consumption. The overall volume degrowth in India's FMCG sector was spread across categories, but the extent was significantly higher in non-food compared to food

Dhanlaxmi Bank planning to raise Rs 127 crore via rights issue this month. The bank's capital adequacy ratio fell below 13% in the March quarter and capital raised via the rights issue is expected to boost it by 50 bps

SpiceJet tells SC matter with Credit Suisse settled; seeks urgent hearing. SpiceJet Limited told the Supreme Court that it has reached a settlement over its outstanding dues with Swiss company Credit Suisse and sought an urgent listing of its plea

Pvt refiners profit from cheap Russian crude, state refiners suffer: Report. While many Western buyers are avoiding Russian crude in response to its invasion of Ukraine, Indian private refiners such as Reliance and Nayara have been among the biggest buyers this year

FMCG industry logs volume decline in Jan-Mar as consumption slows: Report. The FMCG industry saw decline in volume in the January-March period as consumption was impacted by price increases, especially in the food and essentials categories, said a report by NielsenIQ.

Biz travel sees revival as OYO adds 1,250 new corporate clients since Mar. Small and medium businesses continue to contribute significantly to the business travel bookings as more and more people from this segment opt for physical interactions

Bengaluru to host international conference for startups from June 2. An international conference for startups -- the India Global Innovation Summit (IGIC) -- will be held here from Thursday. The inaugural edition of IGIC is organised by strategic advisory firm Smadja & Smadja in a partnership with Karnataka Digital Economy

CV maker Ashok Leyland's sales jump four-fold to 13,273 units in May. Sales of light commercial vehicles in the domestic market stood at 5,190 units in May, as against 1,225 units in May 2021, the company said.

Cordelia Cruises aims to pump in bn by 2025 to boost India operations. The company's bullish outlook is in line with the government's projection of a 10-fold growth for this industry over the next decade.

Workplace platform Slack enters India to help firms establish 'digital HQs'. Slack, which has users in over 150 countries globally, already has a significant following in India which is one of its top 10 markets for paid teams globally.

M&M reports over 200% surge in total sales at 53,726 units in May. Mahindra & Mahindra (M&M) on Wednesday said its total sales stood at 53,726 units in May. The company had reported total sales of 17,447 units in Covid-hit May 2021. The Mumbai-based auto major's passenger vehicle sales in the domestic market were 26,904

Alibaba best-paying tech company in China despite internet crackdown. Despite China aiming to rein in domestic Internet giants, Alibaba is still the best-paying tech company in the country at an average monthly salary of ,000, followed by ByteDance and Tencent Holdings that offer average monthly wages of ,900 and ,600,

Cuemath raises mn in funding led by Alpha Wave; valuation doubles. The valuation of the edtech startup has doubled to USD 407 million (about Rs 3,155 crore), post the fresh fundraising, the company said.

Reliance Brands to acquire 40% stake in Plastic Legno SPA's India toy biz. Plastic Legno SPA is owned by the Sunino group that boasts of more than 25 years of toy production experience in Europe

WhatsApp bans 1.6 mn Indian accounts in April with compliance to IT rules. Meta-owned WhatsApp on Wednesday said that it banned over 16.6 lakh bad accounts in India in the month of April in compliance with the new IT Rules 2021.

Attero Recycling plans to spend billion to expand as EVs take off. Attero at present recycles 3,500 MT of Li-ion waste in India and is expanding the capacity to 11,000 MT by October 2022

Bharat Dynamics to supply Astra Mark-1 missiles worth Rs 2,971 crore. With air-to-air missiles costing about Rs 15 crore each, the Astra will provide major business opportunities to Indian firms

LIC booked Rs 42,000 cr profit from equity markets in FY22, up 16% YoY. The LIC management clarified on Tuesday that profit should be looked at from the full-year perspective

Ashneer Grover tells VC firms to 'right size' before advising startups. Ashneer Grover, co-founder and former managing director of fintech platform BharatPe, has advised venture capital and investment firms to first think about "right-sizing" themselves in the wake of current economic slowdown before telling their portfolio co

Registration of properties in Mumbai city up 78% in May at 9,523 units. Registration of properties in Mumbai municipal area rose by 78 per cent year-on-year to 9,523 units during this month, according to property consultant Knight Frank India. As many as 5,360 properties were registered in Mumbai city (BMC area) during May 202

Determination of LIC's embedded value likely to be completed by June 30: MD. The Embedded Value (EV) is a measure of the consolidated value of shareholders' interest in the life insurance business.

Tech giants accuse Indian agencies of ignorance in Xiaomi spat. While the lobby group's letter to ICEA didn't name the Xiaomi case specifically, it warned that accusing companies of illegal royalty payments could have a 'chilling effect' on business in the country

Cargo handling by Essar Vizag port up by 10% YoY to 1.3 mn tonnes in Apr. Surge in traffic marks the uptick in Indian steel sector, a major contributor to India's manufacturing output

Campus Activewear Q4 net profit up three-fold to Rs 39.6 crore. Campus Activewear Ltd on Tuesday reported over three-fold increase in its consolidated net profit at Rs 39.60 crore for the fourth quarter ended March 2022. The shoemaker, which was listed on BSE earlier this month, had posted a net profit of Rs 10.01 cror

5 days after arrest, Bhosale sent to CBI custody till June 8 in graft case. Avinash Bhosale was arrested on Thursday (May 26) by the central probe agency, which suspects illicit funds were routed through several real estate firms based in Maharashtra.

NHAI likely to award highways contracts for 6,500 kms this fiscal: Official. The authority also remained confident of achieving its goal of constructing 5,000 km of national highways during the current fiscal, NHAI chairperson Alka Upadhyaya said.

Online searches on Magicbricks portal for rental housing up 16% in Jan-Mar. The pan-India rental rates witnessed a growth of 4 per cent QoQ, displaying improved strength of the rental housing market in the country.

Myntra gets master distribution rights for US fashion brand 'bebe' in India. As part of the licensing agreement, Myntra will assist bebe with wholesale distribution through a network of independent third-party franchise partners and distributors.

SUGAR Cosmetics closes million series D funding led by L Catterton. L Catterton has significant experience investing globally in the beauty and personal care space

Top headlines: Voda-Idea to raise funds, Sun Pharma Q4 loss, and more. From Sun Pharma posting loss in Q4 to Vodafone-Idea engaging in talks to raise funds, here are the top headlines on Tuesday morning

Uber Eats-Amita Gupta case calls for gig worker law reform: Study. The sacking of Indian-origin Amita Gupta by Uber Eats for allegedly arriving 10 minutes late for a delivery has highlighted the need to provide basic employment rights to gig workers, a new study said

Zoomcar expects to achieve profitability in India by this year-end. Car sharing platform Zoomcar said it expects to achieve profitability in India by this calendar year-end, on the back of strong organic growth

Attero to spend billlion over 5 years on battery recycling plants. With the billion investment, Attero is seeking to recycle over 300,000 metric tons of lithium-ion battery waste annually by 2027

TechEagle collabs with India Post to deliver mail through drone in Gujarat. Gurugram-based startup TechEagle said its drone has successfully delivered a mail in Gujarat under a pilot project in collaboration with India Post

StrideOne raises Rs 250 cr to help startups meet financing needs. Financial services platform for startups StrideOne on Tuesday said it has raised Rs 250 crore via a mix of equity (led by Elevar Equity) and debt from banks.

Ingka-owned IKEA India to launch first store in Bengaluru on June 22. IKEA India (part of the Ingka Group), Swedish home furnishings retailer, said it will launch its first store in the city, on June 22

Nearly half of insolvency proceedings led to liquidation rather than rescue. IBBI latest data suggest only 14 per cent yielded resolution plans since the inception of IBC

ITC Infotech eyes 0 mn revenue over five years from new business unit. Last month, ITC Infotech said it would be acquiring a part of PTC's product lifecycle management (PLM) implementation services business and create a new business unit, DxP Services

Coffee Day Enterprises reports Q4 consolidated net profit at Rs 58.67 cr. Coffee Day Enterprises Ltd has reported a consolidated net profit of Rs 58.67 crore for the fourth quarter ended March 2022

Japan's Chubu Electric to buy 20% stake in India's OMC Power for mn. Japan's Chubu Electric Power Co Inc said it will spend up to 5 billion yen ( million) to buy a 20% stake in India's rural renewable energy service company, OMC Power Private Ltd

Kinara Capital plans to add 700 employees by November. Kinara Capital, a fintech company serving Micro, Small and Medium Enterprises (MSMEs), said on Tuesday it plans to add 700 employees across its 125 branches and Bengaluru head office within the next six months. It said job opportunities are available at al

Mensa Brands is profitable with net revenue run rate of Rs 1,500 cr. The Ananth Narayanan-led firm achieved this in the first 12 months of operations and it has plans to hire 700 employees in 2022

Mandatory 6 airbags to hit small car market adversely, says Maruti. The auto major noted that the regulation would largely impact the cost-sensitive entry-level car segment -- which has been facing headwinds and witnessing dwindling sales over the last three years

Latest stock market News for tomorrow Access previous news reports: 882883884885886887888889890891892893894895896897898899900

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