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Insider Trades

Adani Green Energy: Promoter Infinite Trade and Investment bought 15 lakh shares on June 14.

Asian Granito India: Promoter Kamleshkumar Patel sold 1.50 lakh shares on June 14.

Godrej Agrovet: Promoter Godrej Industries bought 36,772 shares on June 10.

Mold-Tek Packaging: Promoter Golukonda Satyavati sold 2,000 shares between June 4-10.

Ultramarine & Pigments: Promoters (Sridhar Sundararajan HUF and Kala Sundarvedha) sold 6,185 shares on June 14.
Pledge Share Details

Emami: Promoter Sneha Enclave created a pledge of 15 lakh shares between June 10-11. Promoter Sneha Gardens revoked pledge of 3 lakh shares on June 11.

Jindal Steel & Power: Promoter OPJ Trading revoked pledge of 42.21 lakh shares between June 9-10.As reported on June 15.
Stocks To Watch

Dr. Reddy’s Laboratories: International Center for Dispute Resolution, U.S. has ordered a subsidiary of the company to pay $46.25 million (towards milestones, interest and fees) to Hatchtech Pty. for a skin treatment lotion. Dr Reddy’s arm signed an asset-purchase agreement with Hatchtech in 2015. In July 2020, the company received approval from the U.S. FDA for Xeglyze (abametapir) lotion. That triggered a contractual pre-commercialisation milestone payment of $20 million to Hatchtech. That amount is included in the award, along with interest and fees, by the international arbitrator.

Jubilant Pharmova: Jubilant HollisterStier LLC, a step-down subsidiary of the company, has partnered with Ocugen Inc. for manufacturing of Covid-19 vaccine candidate, Covaxin, for the U.S. and Canadian markets.

RITES: Emerged as the lowest bidder for Rs 1,741 crore railways project. A tender was called the Ministry of Railways for railway electrification work on a turnkey basis.

Wipro: Extended its partnership with Levi Strauss & Co. The four-year agreement builds upon the companies’ existing collaboration in digital commerce, infrastructure, and finance. Wipro will provide Global IT support services across Levi Strauss & Co.’s consumer digital technology space. Further, the company has announced a strategic partnership with FEV to open Innovation Lab for developing Software Defined Vehicles. The lab will help automakers, OEMs create enhanced automobile experiences.

Godrej Agrovet: Executed a share purchase agreement with Saar Yavin and Adaya Aroyo, Maxximilk Ltd (Israel) and Godrej Maxximilk Pvt Ltd for the acquisition of 2.95 lakh shares of GMPL. Post-acquisition GMPL will become a wholly-owned subsidiary of the company. The acquisition was made at Rs 10 crore and is expected to be completed before June 30.

ICICI Bank: Allotted 28,274 unsecured long-term bonds in the nature of debentures aggregating to Rs 2,827.4 crore on a private placement basis on June 15. The bonds carry a coupon rate of 6.45% per annum for a period of seven years.

Videocon Industries: Has fixed June 18 as the record date for the purpose of delisting of equity shares from BSE and NSE.

Nesco: Appointed Krishna Patel as the Chairman and Managing Director with effect from June 15. Patel will replace Sumant Patel, who has been appointed as Executive Director and Chief Mentor of the company effective June 15.

Earnings: Asahi India Glass, CESC, Nureca, Olectra Greentech, Rites, RPSG Ventures, Somany Ceramics, Welspun Enterprises
World Markets

Dow - 94
Nasdaq - 101
Dax + 56
Nikkei - 72
Hangseng - 50
Sgxnifty - 39 (15832)
Brent Crude 74.47
Dow Fut + 7
Dollar Index 90.52
Dear All,

Nirmal Bang is inviting you to a Zoom webinar.
When: Jun 16, 2021 08:45 AM India
Topic: Morning Market Update

Register in advance for this webinar:
https://us02web.zoom.us/webinar/register/WN_IJQ9ap0tROGEzZdOQ6YpDw


After registering, you will receive a confirmation email containing information about joining the webinar.
Financial News Bulletin Dt.16th June, 2021 forwarded by Allahabad Bank Employees' Union-APTS- affiliated to All India Bank Employees' Association (AIBEA)

The RBI is unlikely to react yet to multi- month high retail prices as economic recovery remains its prime focus amid the deadly second wave of the pandemic, according to two senior sources aware of the central bank's thinking. The annual retail inflation rate rose 6.30% year-on-year in May, up from 4.29% in April and sharply above analysts' estimate of 5.30%. The wholesale price inflation rate rose 12.94%, its highest in at least two decades.
-Business Standard

Bank of Baroda is working towards providing a flexible working model to its employees aimed at striking a work-life balance and productivity enhancement in the long run. The work environment went through a sea change during the pandemic and employees are able to work from home and office, the bank said in its annual report for 2020-21.
-Business Today

HDFC Bank was facing technical glitches with its mobile app today. The issues lasted for over an hour. The bank had informed the customers about the same stating that it was looking into the problem which will be resolved “shortly.”
-Business Line

Deutsche Bank will hire over 3,000 techies this year to strengthen its technology centres in India, Russia, Romania and the US. The bank would hire over 1,000 people in India including 300 engineering graduates of various disciplines from 30 different campuses of NITs and IITs. These freshers are expected to come on board in July, the Bank said.
-Business Line

LIC Housing Finance reported a 5% Y-o-Y decline in 4th quarter standalone net profit at ₹399 Cr against ₹421 Cr in the year ago quarter. The board of directors recommended a dividend of ₹8.50 per equity share (425%) of ₹2 each, subject to approval of the members of the Co at the forthcoming Annual General Meeting.
-Business Line

SBI Cards and Payment Services said its has raised Rs 500 Cr by issuing bonds. Its board of directors has approved the allotment of 5,000 fixed rate, unsecured, rated, taxable, redeemable and senior non- convertible debentures aggregating to Rs 500 Cr on a private placement basis, SBI Card said in a regulatory filing.
-Business Standard

Navi General Insurance has introduced a subscription-based health insurance in Kerala through monthly EMIs instead of paying an upfront annual premium. The health insurance policies can be purchased using EMIs starting as low as ₹240 per month. With no agents and a completely digital and paperless process, customers can buy health insurance via the Navi Health app within 2 minutes, with the policy issued to them instantly on the app. The Co offers health insurance cover ranging from ₹2 lakh to ₹1 Cr for individuals and families.
-Business Line

India's exports rose by 69.35% to $32.27 billion in May, driven by healthy growth in sectors such as engineering, petroleum products and gems and jewellery, even as trade deficit widened to $6.28 billion, according to Govt data released today. Exports in May last year stood at $19 billion, and in May 2019 it was at $29.85 billion, the data showed. Imports too grew in May 2021 by 73.64% to $38.55 billion, from $222 billion in the same month a year ago -- leaving a trade deficit for the month being reviewed at $6.28 billion.
-Business Standard

Financial wealth in India grew 11% to USD 3.4 trillion in 2020 despite the coronavirus pandemic, a global consultancy BCG estimated today. The 11% growth in financial wealth was at par with the compounded annual growth rate for the 5 years to 2020, the report by BCG said.
-Economic Times

Pension regulator PFRDA has allowed National Pension System (NPS) subscribers with savings of upto ₹5 lakhs in NPS to take the entire amount at retirement without mandating any investment in annuity. Hitherto, this facility (without annuity rider) was available only for withdrawal of NPS corpus or savings upto ₹2 lakh at the time of retirement.
Simultaneously, the PFRDA has also raised the premature withdrawal limit on a lumpsum basis for NPS to ₹2.5 lakh from ₹1 lakh earlier, Supratim Bandyopadhyay, Chairman, PFRDA told.
-Business Line

Fitch Ratings has placed negative outlook on Gautam Adani-led Adani Ports and Special Economic Zone Limited's (APSEZ) affirming long-term foreign- currency Issuer Default Rating (IDR) at 'BBB-'.
-Business Standard

Ten central trade unions will hold a day-long nationwide protest on 26 June in collaboration with farmers' unions, seeking a host of demands, including the repeal of recently approved farm laws, labour codes, and an income transfer scheme for the poor. The central unions including AITUC, CITU, INTUC, HMS, among others, said in a joint memorandum that they will continue to agitate for better jobs, decent work environment, better compensation, equality at work and give full support to farmers who will complete seven months of agitation on 26 June.
-Livemint

USD /INR 73.31
Sensex 52773.05 (+221.52)
BSE Bankex 39930.73 (+358.44)
Nifty 50 15869.25 (+57.40)
Nifty Bank 35247.70 (+297.15)
*Good Morning*
• India May Trade Deficit at $6.28b
o Exports rose 69.35% y/y to $32.27b
o Imports rose 73.64% y/y to $38.55b
• Giant Poor-Sighted Bird Poses Dilemma for India’s Energy Push
• Ravva Oil Field Is Key Interest In Anil Agarwal’s Videocon Takeover
• India Cumulative Monsoon Rainfall 31% Above Normal on June 15
• India Stocks Ignore Inflation Data and Extend Run to Record High
• Rob Arnott’s Big Bet on Emerging Markets Is Paying Off
• Global Funds Buy Net INR6.34B of India Stocks on Tuesday: NSE
o Domestic funds sell net 6.49b rupees of stocks
• Foreign Investors Buy Net INR8.07B of Indian Equities on June 14
• Foreigners Buy Net INR954.5M India Equity Derivatives on Tuesday
• Jaishankar, Sitharaman to headline UK’s India Global Forum: PTI
• Govt allocates 78,000 tonnes of FCI rice for ethanol making in 2020-21: PTI
• Sembcorp on prowl for renewable projects acquisitions in India: PTI
• 11:05am: India federal cabinet to meet
• Canara Bank (CBK): Clarifies has sought RBI nod to take 12% stake in NARCL
• Jubilant Food (JUBI): 4Q net income 1.04b rupees vs. 210.5m y/y, est. 1.07b; Revenue +15% y/y to 10.3b
• LIC Housing (LICHF): 4Q net income -5.2% y/y to 3.99b rupees, misses est. 6.65b; Board approves preferential issue of 45.4m shares to founder LIC
• RITES Ltd. (RITE): Emerge lowest bidder for INR17.4b railways project
• Sun Pharmaceutical (SUNP): Corcept Therapeutics settles patent litigation with Sun Pharma
• Wipro (WPRO): Expands partnership with Levi Strauss with four-year pact
*SGX Nifty -46 pts (15825) from last trade 15871 ,*


Nikkei -80 pts ,
Hangseng -108 pts ,
Now @7.05am .



Dow -94.42 pts ,Nsdq -104.42 pts, S&P

-8.56 pts, , Bovespa -116 pts , Ftse +25 pts  , Dax +55 pts , Cac +23 pts , Crude @ $72.48 brl (+0.36), Brent @ $74.30 brl (+0.31) , Gold @ 1857.70 (+1.40), Silver @ $27.815 (+0.12), Euro @ $1.2123, JPY @ $110.10,  INR @ 73.345






*Today's Corporate Action*

*16th Jun Ex Date*




ICICIPRULI

Final Dividend - Rs. - 2.0000

LINDEINDIA

Final Dividend - Rs. - 3.0000

SRTRANSFIN

Final Dividend - Rs. - 6.0000

TATAINVEST

Dividend - Rs. - 24.0000





*Today's Key Results/Board Meetings*

*16-Jun-21*



AREYDRG

General;Preferential Issue of shares

ASAHIINDIA

Audited Results;Dividend;Quarterly Results

ASHOKALC

Audited Results

BNRUDY

Audited Results;General

CESC

Audited Results;Stock  Split

COMSYN

Audited Results

CONTILI

Audited Results

DALALSTCOM

Audited Results;General

DCAL

Employees Stock Option Plan;General

DHRUV

General

DIAMINESQ

Employees Stock Option Plan;General

DICIND

Quarterly Results

EASUN

General

EKI

Audited Results;Employees Stock Option Plan

FEDERALBNK

General

GEL

Audited Results;Half Yearly Results

GODAVARI

Audited Results

HARDCAS

Audited Results;General

INDOASIAF

Audited Results

INDPRUD

A.G.M.;Amalgamation;Audited Results;Dividend;Quarterly Results

J&KBANK

General

KAKATCEM

Audited Results;Final Dividend

KRANTI

Bonus issue;General

LOKESHMACH

Audited Results

MANAKSTELTD

Audited Results

NEXTMEDIA

Audited Results;Quarterly Results

NURECA

Audited Results;Final Dividend;General

OLECTRA

Audited Results

PANAENERG

Audited Results;Dividend

PRIMEFRESH

Audited Results;Half Yearly Results

PRITIKAUTO

Audited Results;General;Quarterly Results

PUNCTRD

Audited Results;Quarterly Results

RITES

Audited Results;Final Dividend

ROSEMER

Audited Results

RPSGVENT

Audited Results

SBC

Audited Results

SHREMETAL

Audited Results;General

SOMANYCERA

Audited Results;Final Dividend;General

TELESYS

Audited Results;General

WELENT

Audited Results;Final Dividend





*Stock under F&O ban on NSE*

*16-Jun-21*



1ADANIPORTS

2CANBK

3ESCORTS

4NATIONALUM

5PNB

6SUNTV
GM jsk stock in news amarraja, geshipping,sci,mmtc,ongc,BEML,kalyanjew, jubiliant pharmo,tatapower,abanoff,selzer,Glenmark,wipro,techmah,marksan,rites,pfc,nureca, lupin, jubiliant food,gati,snowman. Negative stocks newzensoft,nelcast,NMDC,asianpaint,Berger, Nicolas. Nifty range 15725-15900.
Who’s Meeting Whom

Surya Roshni: To meet PhillipCapital (India) on June 16.

VIP Industries: To meet Enam AMC on June 16.

Bajaj Electricals: To meet PhillipCapital (India) on June 17.
Stocks Ban In F&O:

Adani Ports,
Canara Bank,
Escorts,
Nalco,
PNB,
Sun TV
Money Market Update

The rupee ended at 73.30 against the U.S. Dollar on Tuesday as compared to Monday's closing of 73.27.
Trading Tweaks

Ex-Date AGM: Bank of Maharashtra, Tejas Networks

Ex-Date Dividend: ICICI Prudential Life Insurance Company, Linde India, Tata Investment Corporation, Shriram Transport Finance Company

Price Band Revised From 10% To 5%: Arshiya, Future Lifestyle Fashions, Future Retail, Future Supply Chain Solutions, Jaiprakash Associates

Price Band Revised From 20% To 10%: Future Consumer, Reliance Industrial Infrastructure, Sarda Energy & Minerals

Move Into ASM Framework: HEG, Sarda Energy & Minerals, Godawari Power & Ispat, eClerx Services

Move Into Short-Term ASM Framework: Reliance Industrial Infrastructure

Move Out Of Short-Term ASM Framework: IndoStar Capital Finance, Spandana Sphoorty Financial, Ador Welding, Suzlon Energy, Religare Enterprises, IIFL Securities
╭───────────────────╮
🌄 *S̴h̴u̴b̴o̴u̴d̴h̴a̴y̴a : 16 Jun/जेस्ट मासा (Wednesday) ग्रीष्म ऋतू*🙏🏻
╰───────────────────╯
*Today's top News* ➣➣➣➣➣➣➣➣➣➣➣➣➣➣

1. The Health Ministry said that pre-registration through online CoWIN and prior booking of appointment is not mandatory to get the Covid-19 vaccine.

2. The Jharkhand govt has announced black fungus as an epidemic.

3. Chandigarh administration eases COVID restrictions & announced that all shops will remain open from 10 am to 7 pm in the city, despite a daily night curfew being in force.

4. A court in New Delhi on 15 June deferred immediate release of Jawaharlal Nehru University students Devangana Kalita and Natasha Narwal, who have been granted bail by the Delhi high court in the riots 'conspiracy' case. The high court granted them bail and directed them to furnish a personal bond of Rs 50,000 each along with two sureties of the like amount.

5. The three student activists were arrested in May 2020 and are accused of being the "masterminds" of the February 2020 violence, which had left 53 people dead and hundreds injured. Narwal, along with 17 others, are accused in the case.

6. Maharashtra govt to provide Rs. 5 lakh assistance to children who have lost their parents during Corona period.

7. Jal Shakti Ministry has urged all the MPs to participate and support Jal Shakti Abhiyan. Minister of State for Jal Shakti Rattan Lal Kataria said.

8. Six suspended Bahujan Samaj Party (BSP) lawmakers on Tuesday met Samajwadi Party (SP) chief Akhilesh Yadav, who said the rebel legislators will join his party ahead of assembly polls in Uttar Pradesh scheduled early next year.

9. Two more persons have been arrested by the National Investigation Agency (NIA) in the case of explosives-laden SUV found near the residence of industrialist Mukesh Ambani.

10. Bharat Biotech - the vaccine maker of Covaxin said that the supply price of COVAXIN to Centre at ₹150/dose, is a non-competitive price and clearly not sustainable in the long run. Therefore it requires higher price in private markets.

11. *The Haryana government gave nod to increase pension financial assistance under social security schemes with effect from April 1.* The Cabinet increased old-age pension and the assistance for widows, handicapped, girl child and eunuchs from Rs 2,250 to Rs 2,500 per month. Financial assistance given to destitute children has been increased from Rs 1,350 to Rs 1,600/month & the assistance to disabled children not going schools has been hiked from Rs 1,650 to Rs 1,950 per month.

12. Chirag Paswan removed as LJP chief a day after coup: The two Lok Janshakti Party factions headed by Chirag Paswan and Pashupati Kumar Paras moved swiftly to take control of the party as a national executive meeting of the organisation expelled five MPs while the Paras-led group removed Paswan as its president.

13. *Karnataka imposes restrictions under Sec 144 in Bengaluru city limits till June 21* : The virus claimed 125 lives, including 23 in Bengaluru, taking the state's death toll to 32,913 and the city's toll to 15,307 since the pandemic broke out in mid-March a year ago.

14. The Central Board of Secondary Education (CBSE) has formed a committee to decide the evaluation criteria for computation of Class 12 results. The committee will submit its report on 18 June, 2021.

15. Today (16 June) Bollywood actor turned Politician Mithun Chakraborty is celebrating his 70th Birthday. Born on 16 June 1950 Barishal, Bangladesh.

16. An IndiGo flight had a lucky escape when one of its tyres burst on landing in Hubli, Karnataka on 14 June evening. IndiGo flight 6E-7979, an ATR, had landed in Hubli from Kannur in Kerala when its tire burst upon landing. All are safe.

17. Mazagon Dock Shipbuilders Ltd (MDSL) will deliver the first of the four stealth guided missile destroyers to the Indian Navy by October and a Scorpene-class submarine by the end of the fiscal year. Mazagon Dock Limited, is a shipyard situated in Mazagaon, Bombay.
It manufactures warships and submarines for the Indian Navy and offshore platforms and associated support vessels for offshore oil drilling. It also builds tankers, cargo bulk carriers, passenger ships and ferries.

18. An encounter broke out between terrorists and security forces in Wagura area of Naugam, on the outskirts of Srinagar yesterday (15June) evening.

19. Army chief General MM Naravane on Tuesday paid homage to the Indian soldiers martyred in the Glawan Valley clash against the Chinese forces last year.

20. The Indian Army has released a video song in a tribute to the Indian soldiers who fought valiantly in a fierce hand-to-hand combat with Chinese troops in the treacherous region of eastern Ladakh to defend India’s territorial integrity

21. *ASC Centre Defence Ministry Recruitment 2021:* ASC Centre (South)-2 ATC, Ministry of Defence has invited applications for various Group C posts, including, Civil Motor Driver, Cleaner, Cook and Civilian Catering Instructor. The advertisement for ASC Centre Defence Ministry Group C postswas published in the Employment news on June 12.

*INTERNATIONAL NEWS*

1. *India will get delivery of the first three of 24 MH-60R Seahawk helicopters next month,* manufactured by the US-based Sikorsky-Lockheed Martin. The fourth-generation MH-60R ‘Romeo’ helicopters will replace India’s British Sea King helicopters acquired in the 1970s.

2. *India likely to join B3W project to counter China’s BRI* ; India-SA TRIPS proposal gets support at G7
- India and the G-7 member countries have agreed on an infrastructural proposal of Build Back Better World (B3W) as an alternative to the Chinese Belt and Road (BRI). Keeping in mind the principles of “transparency and inclusion’’, this was endorsed at the G7 summit.

3. *External Affairs Minister S Jaishankar met with his Qatari counterpart Mohammed bin Abdulrahman Al-Thani in Doha* . Both the leaders discussed bilateral cooperation and exchanged views on regional and global issues. This is the minister’s 2nd visit to the Gulf nation in less than a week’s time.

4. *Supreme Court closes murder case against 2 Italian Marines* . More than nine years after two Italian Marines killed two fishermen off the coast in Kerala, Two victims' families to get Rs 4 crore each, Rs 2 crore to be given to boat's owner.

*🌎WORLD NEWS🌍*

1. *The govt of Bangladesh has authorised Johnson and Johnson single dose COVID vaccine for emergency use in the country.*

2. Twenty-eight Chinese air force aircraft, including fighters and nuclear-capable bombers, entered Taiwan's air defence identification zone (ADIZ) on Tuesday, the island's government said, the largest reported incursion.

3. 25 killed in gas explosion in Hubei, China. The blast occurred on Sunday (13 June) that ripped through the market in the city of Shiyan which injured 138 people. Chinese President Xi Jinping has called for a thorough investigation into the cause of the blast.

4. The National Investigation Agency has announced a reward of 10 lakh rupees for information on two suspects in the Israel embassy blast case.

5. Recent commercial satellite imagery reveals that China has made substantial progress in the construction of its third aircraft carrier, commonly known as the Type 003. The vessel is slated to become the largest surface combatant in the Chinese People’s Liberation Army Navy (PLAN) and significantly upgrade China’s naval capabilities.

6. Saudi Arabia cancels Haj performance for foreign pilgrims this year in view of COVID-19 pandemic. Saudi has decided to allow citizens and residents inside the Kingdom only to attend Haj in limited numbers.

*🚣🚴🏇🏁🏊Sports:*

1. Today Birthday of Cotah Ramaswami (born 16 June 1896- Jan 1990) was a double sports international who represented India in both cricket and tennis.
2. Football Delhi, the governing body of football in Delhi has announced its partnership for their Mental Health Initiative Mind Goals with Qatar based Brain Education, hosted digitally in Education City. Brain Education will organise the first session from 20th June - a program to enjoy fun and experiential learning with our body, brain as well as hearts together.

3. Afghanistan and India played out a 1-1 draw in their last match of Group E of the FIFA World Cup Qatar 2022 and AFC Asian Cup China 2023 Joint Qualifier, at the Jassim Bin Hamad Stadium in Doha, Qatar, on 15 June.

*USD 73.38 💷GBP 103.34*
_In Panaji(Goa)_
*🥇Gold ₹47,785©10 gm 24 (Krt)*
🥈 *Silver ₹76,260©Kg*
*Petrol ₹ 94.45*
*Diesel ₹ 92.26*

*LPG : ₹ 809/14.2 Kg*

*BSE Sensex* 52,773.05
*NIFTY* : 15,869.25

Ⓝⓐⓥⓔⓔⓝ Ⓚⓤⓜⓐⓡ
*🇮🇳Facts about India🇮🇳*
Mawsynram is a village in the East Khasi Hills district of Meghalaya state in northeastern India, 65 kilometres from Shillong. It receives the highest rainfall in India.

*😀Thought of the day*

Respect is the most important element of your personalty. It is like an investment. Whatever we give to others, it will return to us with profit.

*Joke of the day*
लड़का स्कूटी से लड़की के सामने जोर से गिरा और
शर्मिंदगी से फौरन खडा हो गया..
.
लडकी - ओह माई गॉड... आपको लगतो नहीं?
.
*लड़का* - नहीं मैं स्कूटी से ऐसे ही उतरता हूं...!!!

*😳Why*

*Why are women are not allowed inside Shani Shinganapur temple of Maharashtra?*

It is a scientifically proven fact that the planets in our solar system have an impact on us humans.Similarly "SHANI" is for the planet "saturn".Some temples in India have been built or are swyambhus for these all places of worship there are certain energies and vibrations.Similarly in such places the energies that are present are comparitively very high. A woman is very susciptible to these energies when compared to men.

Simple fact that these high energies can cause internal problems in a woman's body. It may affect her monthly mensuration cycle or if she is carrying then these high energies can affect the baby in her womb.

*LEARN Sanskrit*🙏🏻

*उद्वेग* : तेज़ी/बहुत जल्दी

🤔 *How it works*

*How do planes fly?* ✈️🛫🛩️🚁

Things can fly quite happily without engines, as gliders (planes with no engines), paper planes, and indeed gliding birds.

Four forces act on a plane in flight. When the plane flies horizontally at a steady speed, *lift* (up) from the wings exactly balances the plane's *weight* (down) and the *thrust* (forward), exactly balances the *drag* (rearward). However, during takeoff, or when the plane is attempting to climb in the sky (as shown here), the thrust from the engines pushing the plane forward exceeds the drag (air resistance) pulling it back. This creates a lift force, greater than the plane's weight, which powers the plane higher into the sky.

A plane's engines are designed to move it forward at high speed. That makes air flow rapidly over the wings, which throw the air down toward the ground, generating an upward force called lift that overcomes the plane's weight and holds it in the sky.

For a plane or bird to fly, its wings must produce enough lift to equal its weight. Most wings used in flight are a special shape – called aerofoils (or airfoils). This shape is needed to help generate lift.

💁🏻‍♂️ *GK TODAY*

German physicist *Wilhelm Röntgen* accidentally discovered X-rays, while studying the effects of passing an electrical current through gases at low pressure

🛕 *VEDIK GYAN*

The Ten Incarnations of Lord Vishnu in order to restore cosmic order are

*Matsya, Kurma, Varaha and Narasimha* in Satya or Krita Yuga

*Vamana, Parashurama, & Shri Rama* in the Treta Yuga.

*Krishna and Buddha* in the Dwapara Yuga.

Tenth and last avatar will appear in the last Yuga, *Kali* Yuga.

🧬 *HEALTH CARE:© HOME REMEDIES*🩺
( *Note* : These home tips followed in villages/ancient traditions, it is up to you to use it or not🙏🏻)
*coconut water* contains more calcium and magnesium than रother sports drinks or fruit juices, it is not a concentrated source of either mineral. Coconut water contains less than 5 percent of your recommended amount of both calcium and magnesium.

To lose weight, it might be best to opt for water instead.

╭──────────────────╮
*🙏PLZ FOLLOW GOVT. NORMS, MAINT SOCIAL DISTANCE, KEEP YOURSELF ©YOUR FAMILY SAFE🌼*
╰───────────────────╯
*Economic Times*

- Dish TV board to meet next week to consider fundraising of up to Rs 1,000 cr

- Ashok Leyland wing acquires electric vehicles maker Switch Mobility Automotive

- ONGC Videsh plans to raise $525 million

- Dr Reddy's ordered to pay $46.25 mn to Hatchtech

- Amara Raja to bet big on new-age batteries

- LIC Housing Finance Q4 results: Net profit falls due to higher provisions

*Financial Express*

- Dalmia Bharat Sugar to double ethanol-making capacity by 2022

- Anupam Rasayan clears debt worth Rs 530 cr from IPO proceeds

- Logistics sector ups hiring to keep pace with booming e-commerce

- Hardening of imported solar PV module price to moderate project returns: Icra

*Business Standard*

- Coal India to close down 23 unviable mines, to help save around Rs 500 cr

- Fitch Ratings affirms Adani Ports at 'BBB-'; outlook negative

- Ruchi Soya buys biscuits, noodles unit from Patanjali for Rs 65 cr

- Indian pharma companies' sales to rise after resilience in FY21: Fitch

*Business Line*

- Freezing of 3 FPI ACs not related to Adani Group, clarifies NSDL

- Lenders to take 60% haircut on Authum Infra’s ₹2,887-crore top bid for Reliance Home Fin

- To produce ethanol, India will use corn as feedstock

- KIMS Hospitals raises ₹955 cr from 43 anchor investors

*Mint*

- FPIs make U-turn to  Indian  markets as covid cases fall

- Dodla Dairy raises Rs156 crore from anchor investors ahead of IPO

- ICICI Bank raises  ₹2,827 crore by issuing bonds

- Oil trades at multi-year highs on demand expectations
Bulk Deal as on 15-06-21

Action Construction
+ 12.93 Lk @ 230.7 WHV-EAM International SmallCap Equity fund

Bajaj Hindustan
- 69.76 Lk @ 16.42 Ramlal Kanwarlal Jain

Jagran Prakashan Ltd
- 16.17 Lk @ 61.79 Franklin Templeton Mutual fund
+ 12.85 Lk @ 61.58 Rajasthan Global Securities Pvt Ltd

Majesco
+ 2 Lk @ 95.9 Swarnim Commosale Pvt Ltd

McDowell Holdings
+ 1.42 Lk @ 65.33 Suresh Poonati
- 99 K @ 66.88 Milky Investment & Trading

Zee Learn
- 40.18 Lk @ 18.69 Morgan Stanley Asia Singapore Pte

Newgen Software
+ 16.52 Lk @ 454 Abu Dhabi Investment Authority
+ 6.21 Lk @ 454 Al Mehwar Commercial Investment LLC
+ 10.01 Lk @ 454 Ashoka India Opportunities Fund
+ 3.73 Lk @ 454 India Acron Fund Ltd
+ 11.01 Lk @ 454 Kuber India Fund
+ 5 Lk @ 454 Ms Param Value Investment
+ 6 Lk @ 454 Mukul Mahavir Prasad Agarwal
- 13.99 Lk @ 454 Priyadarshini Nigam
- 31.96 Lk @ 454 Varadarajan
- 27.98 Lk @ 454.2 Diwarka Nigam