🇮🇳Business News Headlines
Economic Times
Ø India breaks into Top 10 Countries on UN’s index measuring commitment to Cybersecurity
Ø Government issues Draft notification on ethanol blending in petrol
Ø Government cuts Import Duty on Crude Palm oil to 10%
Ø FM asks ministries to surpass Capex target set for FY22
Ø MHA issues fresh COVID-19 guidelines for States/UTs
Ø Bharti to invest additional Rs 3,700 Cr into OneWeb
Ø Indiabulls Housing Finance gets board nod for Rs 7,000 Cr Fund mop-up
Ø SoftBank-backed Dingdong rises 19% in market debut, valued at $6.6 Billion
Ø Ruchi Soya posts Rs 314 Cr profit in Q4
Ø GIC Re posts Rs 1,991 Cr profit in FY21
Ø Reliance Industries announce Mega Petrochemical joint venture with ADNOC in UAE
Ø Emami Realty to develop township worth Rs 300 Crore in Kolkata
Ø 10club raises one of the largest seed funding rounds in India
Ø Grofers to turn unicorn with Zomato funds
Business Standard
Ø Cipla gets DCGI nod to import Moderna vaccine; no commercial deal yet
Ø Sebi overhauls norms for appointment, removal of independent directors
Ø Godrej Holding Company hikes stake in Godrej Properties, Agrovet
Ø Serum Institute applies for EU nod through drugmaker AstraZeneca
Ø Standard Life sells 5% stake in HDFC Life Insurance in two tranches
Ø NTPC to hive renewable arm and list it soon, plans to add 60 Gw capacity
Ø NITI moots 100% I-T exemption for donations to not-for-profit hospitals
Ø Private Sector Banks' share in Loans rises to 36.5% in FY21
Ø World Bank raises China's Economic Growth Outlook to 8.5% from 8.1%
Ø Indian Hedge funds beat Asian, EM peers; provide 6.6% Returns in May
Ø Gadkari emphasises on all-round efforts for Aatmanirbhar Bharat initiatives
Financial Express
Ø DoT starts Online Portal for Spectrum allocation for trials to telcos
Ø Axis Bank inks multi-year deal with AWS for powering digital banking services
Ø NXP, Jio Platforms team up to drive expanded 5G use cases in India
Ø Parag Milk forays into fat-free milk segment, priced at Rs 120-140/litre
Ø Cabinet may soon clear proposal for govt guarantee to bad bank
Ø UK-based fintech firm Tide enters India to tap the growing SMB market, to invest Rs 1,000 Crore over the next five years
Ø Airblack raises $5.2 million in funding from Info Edge Ventures, Elevation Capital
Ø RBI in a bind amid weak growth, surging inflation; may not hike rates till Q1 FY23: Report
Ø US announces USD 41 Million additional COVID 19 assistance to India
Mint
Ø NCERT to develop Separate Curriculum Frameworks as part of NEP
Ø Quizizz raises $31.5 Million from Tiger Global, Yahoo’s Yang
Ø Oil rises as OPEC fuels demand hopes amid new Covid-19 worries
Ø India mulls rules to encourage companies' shift to green energy
Ø Amitabh Kant gets one year extension as NITI Aayog CEO
Ø Parliamentary panel directs Facebook, Google to comply with new IT rules: Report
Ø Centre creates Online portal to collect real-time data of Govt, Pvt Warehouses
Ø SEBI raises maximum reward for investor trading informants to ₹10 Crore
Ø IRCTC Q4 Results : Net falls 23% to ₹104 Cr, firm announces dividend of ₹5
Economic Times
Ø India breaks into Top 10 Countries on UN’s index measuring commitment to Cybersecurity
Ø Government issues Draft notification on ethanol blending in petrol
Ø Government cuts Import Duty on Crude Palm oil to 10%
Ø FM asks ministries to surpass Capex target set for FY22
Ø MHA issues fresh COVID-19 guidelines for States/UTs
Ø Bharti to invest additional Rs 3,700 Cr into OneWeb
Ø Indiabulls Housing Finance gets board nod for Rs 7,000 Cr Fund mop-up
Ø SoftBank-backed Dingdong rises 19% in market debut, valued at $6.6 Billion
Ø Ruchi Soya posts Rs 314 Cr profit in Q4
Ø GIC Re posts Rs 1,991 Cr profit in FY21
Ø Reliance Industries announce Mega Petrochemical joint venture with ADNOC in UAE
Ø Emami Realty to develop township worth Rs 300 Crore in Kolkata
Ø 10club raises one of the largest seed funding rounds in India
Ø Grofers to turn unicorn with Zomato funds
Business Standard
Ø Cipla gets DCGI nod to import Moderna vaccine; no commercial deal yet
Ø Sebi overhauls norms for appointment, removal of independent directors
Ø Godrej Holding Company hikes stake in Godrej Properties, Agrovet
Ø Serum Institute applies for EU nod through drugmaker AstraZeneca
Ø Standard Life sells 5% stake in HDFC Life Insurance in two tranches
Ø NTPC to hive renewable arm and list it soon, plans to add 60 Gw capacity
Ø NITI moots 100% I-T exemption for donations to not-for-profit hospitals
Ø Private Sector Banks' share in Loans rises to 36.5% in FY21
Ø World Bank raises China's Economic Growth Outlook to 8.5% from 8.1%
Ø Indian Hedge funds beat Asian, EM peers; provide 6.6% Returns in May
Ø Gadkari emphasises on all-round efforts for Aatmanirbhar Bharat initiatives
Financial Express
Ø DoT starts Online Portal for Spectrum allocation for trials to telcos
Ø Axis Bank inks multi-year deal with AWS for powering digital banking services
Ø NXP, Jio Platforms team up to drive expanded 5G use cases in India
Ø Parag Milk forays into fat-free milk segment, priced at Rs 120-140/litre
Ø Cabinet may soon clear proposal for govt guarantee to bad bank
Ø UK-based fintech firm Tide enters India to tap the growing SMB market, to invest Rs 1,000 Crore over the next five years
Ø Airblack raises $5.2 million in funding from Info Edge Ventures, Elevation Capital
Ø RBI in a bind amid weak growth, surging inflation; may not hike rates till Q1 FY23: Report
Ø US announces USD 41 Million additional COVID 19 assistance to India
Mint
Ø NCERT to develop Separate Curriculum Frameworks as part of NEP
Ø Quizizz raises $31.5 Million from Tiger Global, Yahoo’s Yang
Ø Oil rises as OPEC fuels demand hopes amid new Covid-19 worries
Ø India mulls rules to encourage companies' shift to green energy
Ø Amitabh Kant gets one year extension as NITI Aayog CEO
Ø Parliamentary panel directs Facebook, Google to comply with new IT rules: Report
Ø Centre creates Online portal to collect real-time data of Govt, Pvt Warehouses
Ø SEBI raises maximum reward for investor trading informants to ₹10 Crore
Ø IRCTC Q4 Results : Net falls 23% to ₹104 Cr, firm announces dividend of ₹5
🇮🇳Business News Headlines
Economic Times
Ø Promoters repay entire Rs 1,596 crore debt owed to Macrotech Developers
Ø New Margin rule: Now hedge your Commodity positions at 75% discount
Ø India received 10 per cent excess rainfall in June: IMD
Ø No change in PPF, NSC interest rates
Ø 3i Infotech to hire over 1,000 people this year
Ø Mahindra-owned SsangYong puts controlling stake up for auction
Ø Rising input costs are forcing companies to hike prices again
Ø Power reforms: Cabinet approves Rs 3.03 lakh cr scheme to strengthen discoms
Ø NTPC says it adopted best relief measures after Chamoli disaster
Business Standard
Ø Tata Steel ramps up financials; recommends highest ever dividend
Ø Voda Idea net loss declines to Rs 7,022 cr on lower exceptional expenses
Ø Oil set for best half since 2009 as demand recovers ahead of OPEC meeting
Ø Embassy REIT trading lot size to reduce from current 200 units to 1 unit
Ø S&P Global cuts India's growth forecast to 9.5% from 11%, trims EM overall.
Financial Express
Ø Milk gets costlier: Amul hikes prices pan-India by this much
Ø Sebi gives more time to brokers, clearing members to comply with rules
Ø Analyst Corner: Downgrade JSW Energy to ‘sell’ with TP of Rs 130
Ø Skanray Technologies files IPO papers with Sebi.
Ø Eight core sectors’ output rises 16.8 pc in May
Ø India set to clock record rice exports in current year too
Mint
Ø CDC Group sells 3.7% stake in IIFL Finance worth Rs337 crore
Ø SpiceJet plans to raise Rs2,500 cr as airline reports loss for 5th straight qtr
Ø Adani Green's acquisition of entire stake in SB Energy approved by CCI
Ø India allows imports of refined palm oil for six months
Ø Investors' wealth soars ₹25.46 lakh cr so far this fiscal
Ø JSW Steel to pump in over ₹25,000 cr to ramp up capacity to 37 million tonne
Business Line
Ø RBI led non-tax receipts help govt to limit fisc deficit to 8.2% during April-May
Ø Bombay HC upholds TRAI tariff order’s Constitutional validity
Ø Jet Airways public shareholders to get 1 share for every 100
Ø Cabinet approves additional ₹19,041 crore for BharatNet PPP
Ø Steel prices cooling off by ₹3,000/t
Ø NBFC-MFIs: Sector sees nearly 25% decline in FY21
Economic Times
Ø Promoters repay entire Rs 1,596 crore debt owed to Macrotech Developers
Ø New Margin rule: Now hedge your Commodity positions at 75% discount
Ø India received 10 per cent excess rainfall in June: IMD
Ø No change in PPF, NSC interest rates
Ø 3i Infotech to hire over 1,000 people this year
Ø Mahindra-owned SsangYong puts controlling stake up for auction
Ø Rising input costs are forcing companies to hike prices again
Ø Power reforms: Cabinet approves Rs 3.03 lakh cr scheme to strengthen discoms
Ø NTPC says it adopted best relief measures after Chamoli disaster
Business Standard
Ø Tata Steel ramps up financials; recommends highest ever dividend
Ø Voda Idea net loss declines to Rs 7,022 cr on lower exceptional expenses
Ø Oil set for best half since 2009 as demand recovers ahead of OPEC meeting
Ø Embassy REIT trading lot size to reduce from current 200 units to 1 unit
Ø S&P Global cuts India's growth forecast to 9.5% from 11%, trims EM overall.
Financial Express
Ø Milk gets costlier: Amul hikes prices pan-India by this much
Ø Sebi gives more time to brokers, clearing members to comply with rules
Ø Analyst Corner: Downgrade JSW Energy to ‘sell’ with TP of Rs 130
Ø Skanray Technologies files IPO papers with Sebi.
Ø Eight core sectors’ output rises 16.8 pc in May
Ø India set to clock record rice exports in current year too
Mint
Ø CDC Group sells 3.7% stake in IIFL Finance worth Rs337 crore
Ø SpiceJet plans to raise Rs2,500 cr as airline reports loss for 5th straight qtr
Ø Adani Green's acquisition of entire stake in SB Energy approved by CCI
Ø India allows imports of refined palm oil for six months
Ø Investors' wealth soars ₹25.46 lakh cr so far this fiscal
Ø JSW Steel to pump in over ₹25,000 cr to ramp up capacity to 37 million tonne
Business Line
Ø RBI led non-tax receipts help govt to limit fisc deficit to 8.2% during April-May
Ø Bombay HC upholds TRAI tariff order’s Constitutional validity
Ø Jet Airways public shareholders to get 1 share for every 100
Ø Cabinet approves additional ₹19,041 crore for BharatNet PPP
Ø Steel prices cooling off by ₹3,000/t
Ø NBFC-MFIs: Sector sees nearly 25% decline in FY21
🇮🇳Business News Headlines
Economic Times
Ø Wistron, Foxconn, Dell among 14 to get nod under PLI Scheme for IT Hardware
Ø India's Medical infra well prepared to deal with Third COVID wave: FM Nirmala Sitharaman
Ø Countries back Global Minimum Corporate tax of 15%
Ø RBI extends interest subsidy scheme for exporters till September
Ø Banks' Gross NPAs may rise to 9.8% by March 2022: RBI report
Ø NMDC Q1 Output jumps 34%; sales rise 49%
Ø Crude oil jumps 2% on OPEC+ output, demand prospects
Ø Rishi Sunak lays out plans for UK's 'world-first' Green Savings Bonds
Ø UPI Transactions surge to Rs 5.47 Lakh Crore in June
Ø The Sleep Company raises Rs 13.4 Crore in pre-Series A funding round
Ø ION Energy gets $3.6 million in pre-Series A funding round
Business Standard
Ø Anil Agarwal-led Vedanta Limited plans $5-Billion Capex for 3 Years
Ø Manufacturing PMI contracts 48.1 in June, despite states easing curbs
Ø Voda Idea seeks 1-year Moratorium on Rs 8,200 Cr spectrum instalment
Ø Auto firms post Record production in June, make up for halt in May
Ø Ratan Tata-backed Mswipe Tech looks to morph into digital SME bank
Ø New projects drop 13% sequentially in June quarter due to Covid: CMIE data
Ø Flipkart launches Shopsy to enable over 25 mn online entrepreneurs by 2023
Ø July rain likely to be normal across the country, forecasts IMD
Ø GR Infra IPO price band fixed at Rs 828-837 per share; IPO opens July 7
Ø We will make this decade India's 'techade', says PM Narendra Modi
Ø Enhanced GST mop-up of recent months should now be 'new normal': FM
Financial Express
Ø Telecom industry under stress, tariffs need to go up, says Bharti Group chairman Sunil Mittal
Ø NTPC, ONGC plan mega offshore wind project investments
Ø India to add 26 GW hydro projects by 2030: IEA
Ø CIL’s Q1 coal offtake grows 33% despite vacillating demand from the power sector
Ø L&T Construction bags ‘significant’ orders for various businesses
Ø Power consumption grows nearly 10 pc to 115.39 BU in June
Ø Unemployment rate falls to 9.17% in June
Ø Toll collection via FASTags on national highways increased 21% m-o-m in June
Mint
Ø Retailers shake off covid blues; line up ₹6,000-cr IPOs
Ø OneWeb launches satellites to roll out northern internet service
Ø General Motors reports 40% jump in second-quarter US Auto sales
Ø Finance Ministry, Microsoft join hands to build AI, emerging tech centre
Ø US jobless claims fall to 364,000 lowest since March 2020
Ø UK plans to introduce covid-19 booster shots in September
Ø Office space absorption falls 16% in Jun quarter due to second wave
Ø Global infrastructure-as-a-service market grew 40.7% in 2020: Gartner
Economic Times
Ø Wistron, Foxconn, Dell among 14 to get nod under PLI Scheme for IT Hardware
Ø India's Medical infra well prepared to deal with Third COVID wave: FM Nirmala Sitharaman
Ø Countries back Global Minimum Corporate tax of 15%
Ø RBI extends interest subsidy scheme for exporters till September
Ø Banks' Gross NPAs may rise to 9.8% by March 2022: RBI report
Ø NMDC Q1 Output jumps 34%; sales rise 49%
Ø Crude oil jumps 2% on OPEC+ output, demand prospects
Ø Rishi Sunak lays out plans for UK's 'world-first' Green Savings Bonds
Ø UPI Transactions surge to Rs 5.47 Lakh Crore in June
Ø The Sleep Company raises Rs 13.4 Crore in pre-Series A funding round
Ø ION Energy gets $3.6 million in pre-Series A funding round
Business Standard
Ø Anil Agarwal-led Vedanta Limited plans $5-Billion Capex for 3 Years
Ø Manufacturing PMI contracts 48.1 in June, despite states easing curbs
Ø Voda Idea seeks 1-year Moratorium on Rs 8,200 Cr spectrum instalment
Ø Auto firms post Record production in June, make up for halt in May
Ø Ratan Tata-backed Mswipe Tech looks to morph into digital SME bank
Ø New projects drop 13% sequentially in June quarter due to Covid: CMIE data
Ø Flipkart launches Shopsy to enable over 25 mn online entrepreneurs by 2023
Ø July rain likely to be normal across the country, forecasts IMD
Ø GR Infra IPO price band fixed at Rs 828-837 per share; IPO opens July 7
Ø We will make this decade India's 'techade', says PM Narendra Modi
Ø Enhanced GST mop-up of recent months should now be 'new normal': FM
Financial Express
Ø Telecom industry under stress, tariffs need to go up, says Bharti Group chairman Sunil Mittal
Ø NTPC, ONGC plan mega offshore wind project investments
Ø India to add 26 GW hydro projects by 2030: IEA
Ø CIL’s Q1 coal offtake grows 33% despite vacillating demand from the power sector
Ø L&T Construction bags ‘significant’ orders for various businesses
Ø Power consumption grows nearly 10 pc to 115.39 BU in June
Ø Unemployment rate falls to 9.17% in June
Ø Toll collection via FASTags on national highways increased 21% m-o-m in June
Mint
Ø Retailers shake off covid blues; line up ₹6,000-cr IPOs
Ø OneWeb launches satellites to roll out northern internet service
Ø General Motors reports 40% jump in second-quarter US Auto sales
Ø Finance Ministry, Microsoft join hands to build AI, emerging tech centre
Ø US jobless claims fall to 364,000 lowest since March 2020
Ø UK plans to introduce covid-19 booster shots in September
Ø Office space absorption falls 16% in Jun quarter due to second wave
Ø Global infrastructure-as-a-service market grew 40.7% in 2020: Gartner
Zerodha CEO explains - Why most retail investors lose money in option buying https://www.livemint.com/market/stock-market-news/zerodha-ceo-explains-why-most-retail-investors-lose-money-in-option-buying-11625210532136.html
Download mint app for latest in Business News - https://bit.ly/32XEfFE
Read. Read. Read.
Download mint app for latest in Business News - https://bit.ly/32XEfFE
Read. Read. Read.
mint
Zerodha CEO explains - Why most retail traders lose money in option buying
Nithin Kamath in a blog post shared why most option buyers lose money, the best practices to reduce risk and improve odds of profiting when buying options
🇮🇳Business News Headlines
Economic Times
Ø Reliance Jio deal can earn Google Cloud $1 Billion in Revenue
Ø Bank Credit grows 5.82%; Deposits by 10.32%
Ø Monsoon session of Parliament from July 19 to Aug 13
Ø Govt imposes stock limits on pulses till Oct to check price rise
Ø Sweden's MTG acquires Indian games developer PlaySimple for $360 Million
Ø IndoStar Capital infuses Rs 250 Cr in home finance arm
Ø HDFC earns Rs 263 Cr Profit on Sale of investments in June quarter
Ø Ant-backed Kakao Pay expects IPO to raise up to $1.4 Bn
Ø Q1 Product Exports record high, aim $1.5 Trn Goods, Services exports in 5 yrs: Piyush Goyal
Ø Edelweiss Financial Services to sell its 70 % stake in Insurance Broking JV for Rs 307.60 Cr
Ø Licious raises $192 Million led by Temasek, Multiples
Ø Online used cars marketplace Cars24 nears $250 Million deal with DST
Business Standard
Ø Centre includes retail and wholesale under MSMEs, to benefit 25 Mn traders
Ø NPPA allows 50% price hike for ibuprofen, ranitidine, carbamazepine
Ø Electric scooter-maker Ather Energy takes on Ola, expanding its Hosur plant
Ø WinZO raises $65 Mn in Series C round, led by Griffin Gaming Partners
Ø Power generator NTPC plans IPO for Rs 2.5 Trn expansion of renewables biz
Ø Govt unveils plans for freight Smart Cities to reduce logistics cost
Ø Reserve Bank of India imposes Rs 25 Lakh penalty on Punjab & Sind Bank
Ø Toll collection in June rises to Rs 2,576 Crore as states ease curbs: NHAI
Ø RBI tweaks norms for interest on unclaimed amount after deposit matures
Ø Canara Bank to raise Rs 3,400 Cr in capital via Additional Tier-I bonds
Ø Sebi defers diktat requiring foreign investors to disclose KYC details
Ø In talks for fund raise; floor price 'best' fix for pricing issues: VIL
Financial Express
Ø With USD 200 million fresh funding, Digit Insurance value soars to USD 3.5 Billion in 1 year
Ø Govt to come out with certain clarifications on FDI in e-commerce sector shortly: Piyush Goyal
Ø India Inc foreign borrowings plunge by 51 % to $738 Million in May
Ø Collection efficiency of NBFCs retail pool down by 10-35 % in May vs March: Icra
Ø Revenue growth of drug firms in current fiscal to be in the range of 7-9 %: Icra
Ø Airtel brings new programme to bundle 2 or more services with perks; focus on lifting ARPU
Ø PHDCCI recommends measures to promote growth of pet food industry
Ø Coal India offtake grows 33% despite unsteady Power Sector demand
Ø Forex reserves rise by USD 5 bn to lifetime high of USD 609 Bn
Ø India starts probe into alleged dumping of electrogalvanized steel from Korea, Japan, Singapore
Mint
Ø Marico domestic biz grows over 30% in Q1, sees double-digit volume growth
Ø AIFs mobilized commitments worth ₹82,228 Cr in covid year
Ø Tata Steel transfers stake in HSMS, TSAML to subsidiary cos
Ø Zomato gets Sebi nod for ₹8,250 Cr share sale
Ø Savings under Sukanya Samriddhi Yojana stood at ₹1.05 Lakh Crore at May end
Ø Kuwait’s life-after-oil fund swells to a record $700 Billion
Ø Ten European countries agree to allow Indians vaccinated with Covishield: Govt
Ø US Job Growth picks up in June; Unemployment rate rises to 5.9%
Ø LIC Housing Finance reduces home loan rates for select borrowers
Ø Piramal Capital & Housing to launch NCD issue offering up to 8.99% Interest
Ø India joins Global consensus framework to tax Multinational firms
Ø Credit Suisse to repay further $750 Million to Greensill-linked fund investors
Economic Times
Ø Reliance Jio deal can earn Google Cloud $1 Billion in Revenue
Ø Bank Credit grows 5.82%; Deposits by 10.32%
Ø Monsoon session of Parliament from July 19 to Aug 13
Ø Govt imposes stock limits on pulses till Oct to check price rise
Ø Sweden's MTG acquires Indian games developer PlaySimple for $360 Million
Ø IndoStar Capital infuses Rs 250 Cr in home finance arm
Ø HDFC earns Rs 263 Cr Profit on Sale of investments in June quarter
Ø Ant-backed Kakao Pay expects IPO to raise up to $1.4 Bn
Ø Q1 Product Exports record high, aim $1.5 Trn Goods, Services exports in 5 yrs: Piyush Goyal
Ø Edelweiss Financial Services to sell its 70 % stake in Insurance Broking JV for Rs 307.60 Cr
Ø Licious raises $192 Million led by Temasek, Multiples
Ø Online used cars marketplace Cars24 nears $250 Million deal with DST
Business Standard
Ø Centre includes retail and wholesale under MSMEs, to benefit 25 Mn traders
Ø NPPA allows 50% price hike for ibuprofen, ranitidine, carbamazepine
Ø Electric scooter-maker Ather Energy takes on Ola, expanding its Hosur plant
Ø WinZO raises $65 Mn in Series C round, led by Griffin Gaming Partners
Ø Power generator NTPC plans IPO for Rs 2.5 Trn expansion of renewables biz
Ø Govt unveils plans for freight Smart Cities to reduce logistics cost
Ø Reserve Bank of India imposes Rs 25 Lakh penalty on Punjab & Sind Bank
Ø Toll collection in June rises to Rs 2,576 Crore as states ease curbs: NHAI
Ø RBI tweaks norms for interest on unclaimed amount after deposit matures
Ø Canara Bank to raise Rs 3,400 Cr in capital via Additional Tier-I bonds
Ø Sebi defers diktat requiring foreign investors to disclose KYC details
Ø In talks for fund raise; floor price 'best' fix for pricing issues: VIL
Financial Express
Ø With USD 200 million fresh funding, Digit Insurance value soars to USD 3.5 Billion in 1 year
Ø Govt to come out with certain clarifications on FDI in e-commerce sector shortly: Piyush Goyal
Ø India Inc foreign borrowings plunge by 51 % to $738 Million in May
Ø Collection efficiency of NBFCs retail pool down by 10-35 % in May vs March: Icra
Ø Revenue growth of drug firms in current fiscal to be in the range of 7-9 %: Icra
Ø Airtel brings new programme to bundle 2 or more services with perks; focus on lifting ARPU
Ø PHDCCI recommends measures to promote growth of pet food industry
Ø Coal India offtake grows 33% despite unsteady Power Sector demand
Ø Forex reserves rise by USD 5 bn to lifetime high of USD 609 Bn
Ø India starts probe into alleged dumping of electrogalvanized steel from Korea, Japan, Singapore
Mint
Ø Marico domestic biz grows over 30% in Q1, sees double-digit volume growth
Ø AIFs mobilized commitments worth ₹82,228 Cr in covid year
Ø Tata Steel transfers stake in HSMS, TSAML to subsidiary cos
Ø Zomato gets Sebi nod for ₹8,250 Cr share sale
Ø Savings under Sukanya Samriddhi Yojana stood at ₹1.05 Lakh Crore at May end
Ø Kuwait’s life-after-oil fund swells to a record $700 Billion
Ø Ten European countries agree to allow Indians vaccinated with Covishield: Govt
Ø US Job Growth picks up in June; Unemployment rate rises to 5.9%
Ø LIC Housing Finance reduces home loan rates for select borrowers
Ø Piramal Capital & Housing to launch NCD issue offering up to 8.99% Interest
Ø India joins Global consensus framework to tax Multinational firms
Ø Credit Suisse to repay further $750 Million to Greensill-linked fund investors
Why NOT life stocks in your Portfolio.
In Last 20 Years PSU Banks loose it's customer base from Private Sector Banks and some of the Private Banks are "Wealth Makers" for its Investors.
I am not seeing any new company who enter in this segment will capture the significant market share of some "BIG Insurance Companies" Because it is purely a trust base business where one is seeking help from someone, when they are not around. So, what the valuation is if you have patience and Long Term Vision then start accumulating all BIG Four Listed Insurance Companies in your Portfolio.
In Last 20 Years PSU Banks loose it's customer base from Private Sector Banks and some of the Private Banks are "Wealth Makers" for its Investors.
I am not seeing any new company who enter in this segment will capture the significant market share of some "BIG Insurance Companies" Because it is purely a trust base business where one is seeking help from someone, when they are not around. So, what the valuation is if you have patience and Long Term Vision then start accumulating all BIG Four Listed Insurance Companies in your Portfolio.
₹ Long Term Investment Summary for Wealth Creation: Keep Everything Simple ~ LM Research
₹ My Return Expectations: 12-15% in Long Run
₹ Those who have 3-5-7-10 years of Horizon and Really want to create wealth in Long run will react on my advice others just ignore.
₹ Note: As I also don't know in short run where market moves, I am taking Market downfall as an "Opportunity"
₹ "My Qualifications" :
1. B. Tech (2014)
2. MBA in Finance (SMU-DEB, 2020)
3. NISM Certifications: I, IV, VA, VB, VC, VI, VII, VIII, XA, XB, XIII, XV, XVI, XVII, XiX-A, XXi-A
4. MCX and NCDEX Research Analyst Certification from NSE
5. IRDAI Insurance Advisor: IC-38
6. Insurance Institute of India(iii): Licentiate Ship
7. Pursuing CS from ICSI and CCRA from AIWMI
₹ "My Experience" :
1. 8+ Years of Experience in Financial Planning, Advising and Consulting with More than 500+ Investors
₹ "My Registration" :
1. AMFI Reg. Mutual Fund Distributor:
ARN-133671
2. PFRDA Reg. Retirement Advisor:
RAN00000630I
3. Very soon going to be SEBI Reg.
"Research Analyst" & "Investment Advisor"
₹₹ " For Mutual Funds Investors " :
1. Parag Parikh Flexi Cap Fund (40%) Category: Flexi Cap
2. Canara Robeco Emerging Equities Fund (30%) Category: Large & Mid Cap
3. SBI Small Cap Fund (30%) Category: Small Cap
₹₹ " For Index Funds/ETFs Investors " :
1. Junior Bees (30%) (Nifty 51 to 100 Stocks)
2. Bank Bees (15%) (Nifty Bank)
3. NETF IT (10%) (Nifty IT)
4. MOM100 (15%) (Nifty Mid Cap 100)
5. Nippon Pharma (20%) (Nifty Pharma)
6. MON100 (10%) (US Investment-Nasdaq 100 Stocks)
₹₹ " For Retirement Planning " :
1. NPS (Compulsory)
2. ATAL Pension Yojana (APY) (For 5K/Month Pension)
₹ "For Ultra Conservative Investors, Moderate Conservative & Retired Persons" who want Investment Options will Post "Investment Options" very soon on my group.
₹ Note: Especially Retired persons, My advice is don't put your single penny in stock market directly especially in equities, F&O, Currency and Commodities Market as it is not made for "YOU"
Warm Wishes
~ Learning Mirror (Krishna Murti)
₹ My Return Expectations: 12-15% in Long Run
₹ Those who have 3-5-7-10 years of Horizon and Really want to create wealth in Long run will react on my advice others just ignore.
₹ Note: As I also don't know in short run where market moves, I am taking Market downfall as an "Opportunity"
₹ "My Qualifications" :
1. B. Tech (2014)
2. MBA in Finance (SMU-DEB, 2020)
3. NISM Certifications: I, IV, VA, VB, VC, VI, VII, VIII, XA, XB, XIII, XV, XVI, XVII, XiX-A, XXi-A
4. MCX and NCDEX Research Analyst Certification from NSE
5. IRDAI Insurance Advisor: IC-38
6. Insurance Institute of India(iii): Licentiate Ship
7. Pursuing CS from ICSI and CCRA from AIWMI
₹ "My Experience" :
1. 8+ Years of Experience in Financial Planning, Advising and Consulting with More than 500+ Investors
₹ "My Registration" :
1. AMFI Reg. Mutual Fund Distributor:
ARN-133671
2. PFRDA Reg. Retirement Advisor:
RAN00000630I
3. Very soon going to be SEBI Reg.
"Research Analyst" & "Investment Advisor"
₹₹ " For Mutual Funds Investors " :
1. Parag Parikh Flexi Cap Fund (40%) Category: Flexi Cap
2. Canara Robeco Emerging Equities Fund (30%) Category: Large & Mid Cap
3. SBI Small Cap Fund (30%) Category: Small Cap
₹₹ " For Index Funds/ETFs Investors " :
1. Junior Bees (30%) (Nifty 51 to 100 Stocks)
2. Bank Bees (15%) (Nifty Bank)
3. NETF IT (10%) (Nifty IT)
4. MOM100 (15%) (Nifty Mid Cap 100)
5. Nippon Pharma (20%) (Nifty Pharma)
6. MON100 (10%) (US Investment-Nasdaq 100 Stocks)
₹₹ " For Retirement Planning " :
1. NPS (Compulsory)
2. ATAL Pension Yojana (APY) (For 5K/Month Pension)
₹ "For Ultra Conservative Investors, Moderate Conservative & Retired Persons" who want Investment Options will Post "Investment Options" very soon on my group.
₹ Note: Especially Retired persons, My advice is don't put your single penny in stock market directly especially in equities, F&O, Currency and Commodities Market as it is not made for "YOU"
Warm Wishes
~ Learning Mirror (Krishna Murti)
🇮🇳Business News Headlines
Economic Times
Ø Pandemic or not, Mergers & Acquisitions soar 44%
Ø Oil row flares as UAE rejects OPEC+ Output deal
Ø Airtel Payments Bank hopeful of break-even in FY22
Ø GAIL looks at Petrochemicals, Renewables for Growth
Ø CV Sales seen picking up in second half with heavy trucks leading the way
Ø NTPC floats tender for sale of fly ash at desired ports of Middle East, other regions
Ø India's Coal Production drops marginally by 2% to 716 Million tonnes in FY'21
Business Standard
Ø Honda plans to hike Vehicle Prices from August as input costs go up sharply
Ø 81% Consumers back E-commerce rules, want clarity on services-based biz
Ø Tata Steel April-June crude steel output up 55% YoY to 4.62 Million Tonnes
Ø ONGC charts Rs 30,000 cr Capex for FY22 with 50% in Turnkey Projects
Ø LIC Housing Finance vies for Home Loan pie with interest rate cut
Ø Outlook for Exports of Engineering goods looks strong for rest of CY 2021
Ø Govt readies amendments to GIBNA for Insurance PSU Privatisation
Ø Furlenco raises $140 Million to enter new cities, widen portfolio
Ø BPCL's R&D centre bags 80 patents in 20 years; over 50 more pending
Ø Businesses need not deduct TDS on share purchases via exchanges: CBDT
Financial Express
Ø Telecom Watchdog wants govt to reject Vodafone Idea plea for deferring payments
Ø JK Cement expects 10 pc Revenue growth this fiscal, aims to be 25-MT company in 5 years
Ø Amul turnover rises 2 pc to Rs 39,200 Cr in FY21 despite Covid-19: GCMMF’s MD Sodhi
Ø Plastic Exports may jump 20-25 pc in FY22; govt support needed: PLEXCONCIL Chairman
Ø Diesel crosses Rs 100 in Madhya Pradesh; Sikkim latest state to see Rs 100 a litre petrol
Ø LIC IPO: Govt likely to invite bids from Merchant Bankers this month
Ø Power engineers urge PM Modi to put electricity Bill on hold
Ø Sebi slaps over Rs 32 Crore penalties on IISL, AFSL, 3 Individuals
Mint
Ø Small Business Loans may spell big trouble for banks this fiscal
Ø China regulator orders Didi to be removed from app stores
Ø Cadila Healthcare arm recalls 21,240 Bottles of diabetes drug in US
Ø IMD issues alert for Karnataka, predicts thundershower in Bengaluru
Ø Railways registers record sale in scrap in FY21
Ø FPIs invest ₹13,269 Crore in June this year
Ø MNRE gives 76-day extension to Clean Energy Projects
Economic Times
Ø Pandemic or not, Mergers & Acquisitions soar 44%
Ø Oil row flares as UAE rejects OPEC+ Output deal
Ø Airtel Payments Bank hopeful of break-even in FY22
Ø GAIL looks at Petrochemicals, Renewables for Growth
Ø CV Sales seen picking up in second half with heavy trucks leading the way
Ø NTPC floats tender for sale of fly ash at desired ports of Middle East, other regions
Ø India's Coal Production drops marginally by 2% to 716 Million tonnes in FY'21
Business Standard
Ø Honda plans to hike Vehicle Prices from August as input costs go up sharply
Ø 81% Consumers back E-commerce rules, want clarity on services-based biz
Ø Tata Steel April-June crude steel output up 55% YoY to 4.62 Million Tonnes
Ø ONGC charts Rs 30,000 cr Capex for FY22 with 50% in Turnkey Projects
Ø LIC Housing Finance vies for Home Loan pie with interest rate cut
Ø Outlook for Exports of Engineering goods looks strong for rest of CY 2021
Ø Govt readies amendments to GIBNA for Insurance PSU Privatisation
Ø Furlenco raises $140 Million to enter new cities, widen portfolio
Ø BPCL's R&D centre bags 80 patents in 20 years; over 50 more pending
Ø Businesses need not deduct TDS on share purchases via exchanges: CBDT
Financial Express
Ø Telecom Watchdog wants govt to reject Vodafone Idea plea for deferring payments
Ø JK Cement expects 10 pc Revenue growth this fiscal, aims to be 25-MT company in 5 years
Ø Amul turnover rises 2 pc to Rs 39,200 Cr in FY21 despite Covid-19: GCMMF’s MD Sodhi
Ø Plastic Exports may jump 20-25 pc in FY22; govt support needed: PLEXCONCIL Chairman
Ø Diesel crosses Rs 100 in Madhya Pradesh; Sikkim latest state to see Rs 100 a litre petrol
Ø LIC IPO: Govt likely to invite bids from Merchant Bankers this month
Ø Power engineers urge PM Modi to put electricity Bill on hold
Ø Sebi slaps over Rs 32 Crore penalties on IISL, AFSL, 3 Individuals
Mint
Ø Small Business Loans may spell big trouble for banks this fiscal
Ø China regulator orders Didi to be removed from app stores
Ø Cadila Healthcare arm recalls 21,240 Bottles of diabetes drug in US
Ø IMD issues alert for Karnataka, predicts thundershower in Bengaluru
Ø Railways registers record sale in scrap in FY21
Ø FPIs invest ₹13,269 Crore in June this year
Ø MNRE gives 76-day extension to Clean Energy Projects
Learning Mirror Official pinned «🇮🇳Business News Headlines Economic Times Ø Pandemic or not, Mergers & Acquisitions soar 44% Ø Oil row flares as UAE rejects OPEC+ Output deal Ø Airtel Payments Bank hopeful of break-even in FY22 Ø GAIL looks at Petrochemicals, Renewables for Growth Ø CV…»
Learning Mirror Official pinned «₹ Long Term Investment Summary for Wealth Creation: Keep Everything Simple ~ LM Research ₹ My Return Expectations: 12-15% in Long Run ₹ Those who have 3-5-7-10 years of Horizon and Really want to create wealth in Long run will react on my advice others just…»