🇮🇳Business News Headlines

Economic Times

Ø Apollo Global, Synergy Fund may invest Rs 1,500 Crore in JSW Cement
Ø Jio User additions to be strong, but per-user revenue a worry: Analysts
Ø 'Munjal family pact puts no curbs on Hero MotoCorp’s Electric Vehicle business plans'
Ø Boeing’s offer falls short of SpiceJet’s claim
Ø India’s weekly business activity falls after two months: Nomura
Ø Govt says 16,527 Companies struck off during April 2020-June 2021 period
Ø Bank NPAs decline to Rs 8.34 Lakh Cr at March-end 2021: Minister
Ø ITC’s Q1 performance alone unlikely to fire up stock
Ø United Spirits exits liquor delivery firm Hip Bar
Ø Tata Power to reduce emissions in alignment with SBTi
Ø Hitachi ABB Power Grids commissions Raigarh-Pugalur UHVDC link

Business Standard

Ø Suraksha ARC promises to restart stalled Jaypee Infra projects soon
Ø Tata Motors posts Rs 4,450 Cr loss in June qtr as chip shortage takes toll
Ø Bajaj Auto takes a different road from Ola in its EV journey
Ø Paytm eyes IPO by Oct-end, hopes to break even in 18 months
Ø Govt to sell 8% stake in Hudco via offer for sale; may get Rs 720 Crore
Ø India's GDP growth expected to be 8.8-9% in FY22: Care Ratings
Ø Surge in soybean prices rattles trade and poultry industry alike
Ø JSW Paints eyes 10% mkt share, spot among top-three paint players by 2025
Ø Byju's on an acquisition spree, buys Great Learning for $600 Mn
Ø Gaining ground: B30 assets see 39% rise in a year, shows Amfi data

Financial Express

Ø Future of real estate will be pinned on 3Rs - Relief, Restructure and Resilience
Ø Mutual funds: Swing pricing to restore trust in debt funds
Ø Indian auto component industry to have 20-23% growth in FY2022, says ICRA
Ø Bharat Petroleum to begin doorstep diesel delivery: Ties up with Humsafar India
Ø ACC rating – Neutral: Another solid set of numbers for company
Ø Asian Paints rating – Add: Firm’s focus on market share gains is paying off
Ø Quarterly earnings, global trends to drive equity market this week: Analysts
Ø Sebi to RTAs: Develop inter-operable platform to enhance investor experience in MFs
Ø Coffee Exports declining, Covid causes shift in consumption patterns: Report

Mint

Ø Tata Motors expects govt to be consistent with support for local EV production
Ø Glenmark Life raises Rs454 Cr via 19 Anchor investors
Ø Biocon ties up with Adagio Therapeutics for antibody treatment of Covid-19
Ø ITC Q1 Profit up 29%, revenues grow 37%
Ø JSW Steel’s investment in paints unit is an arm’s length deal: Parth Jindal
Ø Kotak Mahindra Bank profit rises, asset quality worsens
Ø Reliance Retail to benefit from JD’s evolution into a Super App
Ø Dhanlaxmi Bank announces strategic alliance with SMC Global Securities
Ø Sebi says valuation must for all Preferential allotment plans
Ø Bajaj Auto Exports its way out of a slump
Ø India’s Banks need to wean off their dependence on Retail loans

Better Luck Next Time... Will update you how they asked the questions.

Pharma ETF Down 4% Accumulate
ETF Code: NETFPHARMA

Never stop learning, again enroll for PMS (XXI-A) Exam.

Baap ka Dada ka Bhai ka Sabka IPO Layega re tera SEBI

Gn

You can't ignore ITC.
If not now with time embedded then you will buy same stock at top. Remember my word's

Gn

🇮🇳 Business News Headlines

Economic Times

Ø Institutional buyers put in Rs 870 cr of bids for HUDCO share sale
Ø Fed says progress made toward conditions for tapering bond buys
Ø Airtel makes big pricing move in prepaid, ups entry level plan to Rs 79
Ø Government mulling long-term measures to boost health of stressed telecom sector
Ø Paytm founder to have protective rights after listing
Ø IRB Infrastructure Developers completes Rs 381.63 crore fundraising
Ø Foreign FIs halt plans to set up investment firms within IFSCs
Ø IndiGo plans flight to normalcy; savvy investors to book on profits
Ø Billionaire investor Rakesh Jhunjhunwala plans 70 planes for new airline
Ø SpiceJet borrowed Rs 127.51 crore, Go First Rs 25.65 crore under ECLGS scheme: Govt
Ø Sonata Software to acquire Encore Software to strengthen US presence

Business Standard

Ø Yes Bank, Indiabulls Housing Finance enter co-lending setup for home loans
Ø US, China moves may have big implications for Indian equity markets
Ø NSDL provides more clarity on frozen funds of Adani group-linked FPIs
Ø JSW Cement to raise up to Rs 1,500 crore from two global equity investors
Ø Hindustan Zinc gets down to check rising coal costs, meet ESG commitment
Ø Sebi chief Ajay Tyagi slams India Inc over poor disclosure standards
Ø Tourism economy fell by 42.8%, estimated 14.5 mn jobs lost in Q1FY21: Govt
Ø FDI in food processing sector falls 57% to $393 million in FY21
Ø India sees venture capital investments surge to $8 billion in Q2: KPMG
Ø ESAF Small Finance Bank files Rs 998-crore IPO papers with Sebi

Financial Express

Ø Large corporates setting up small subsidiaries to get public procurement tenders, will hurt MSEs: Experts
Ø KFC, Pizza Hut operator Devyani International IPO opens Aug 4; will join Burger King post listing
Ø Unemployment rate rises again to reach 7.14%
Ø NTPC offers to sell power directly to India Inc
Ø Basic customs duty removed, agri infra cess halved on lentils
Ø ICICI Prudential rating – Buy: Big beat on margins the highlight of Q1
Ø Sebi to RTAs: Develop inter-operable platform to enhance investor experience in MFs
Ø HCL Technologies appoints Jill Kouri as global chief marketing officer

Mint

Ø Dalmia Bharat’s pan-India ambition is making investors jittery
Ø CDC Group sells 3.7% stake in Equitas Holdings worth ₹104 crore
Ø RTGS, NEFT payment systems opened up for non-banks in phases: RBI
Ø JM Financial’s Q1 FY22 net profit rises 117% to Rs203 crore
Ø RBI imposes ₹5 cr penalty on Axis Bank for contravention of certain provisions
Ø Future-RIL deal: Will decide if Emergency Arbitrator award valid, says SC
Ø Zydus Cadila submits additional d voata on its Covid vaccine to DCGI: Report
Ø Sebi says valuation must for all preferential allotment plans
Ø Bajaj Auto exports its way out of a slump
Ø Customers to get deposit insurance in 90 days of bank failure

Gn

🇮🇳Business News Headlines

Economic Times

Ø US to accept fresh petitions for H-1B visas from August 2
Ø Over 25.82 lakh ITRs filed, 7.90 lakh e-PANs allocated at new IT e-filing portal: Data
Ø Cabinet clears amendments to GIBNA for insurance PSU privatisation; may table Bill this Session
Ø Concor Q1 results: Net Profit jumps multi-fold to Rs 251 Crore
Ø Union Bank of India Q1 results: Net profit zooms to Rs 1,181 cr
Ø Nasscom partners with UK government, UK India Business Council
Ø RBI cancels licence of Madgaum Urban Co-operative Bank Ltd, Margao
Ø India's Gold demand up 19% in April-June quarter at 76 tonne: WGC
Ø Vauld raises $25 million in funding led by Peter Thiel's Valar Ventures
Ø Strata raises $6 million from Kotak Investment Advisors, others
Ø Microsoft finalises strategic investment in Oyo at $9 billion valuation

Business Standard

Ø USFDA okays Biocon insulin Semglee as first interchangeable biosimilar drug
Ø Tata Sons subsidiary to buy 43.3% stake in Tejas Networks for Rs 1,850 cr
Ø Airtel Africa profit after tax zooms to $142 million in June quarter
Ø Nisus Finance to invest Rs 500 crore for stressed and incomplete projects
Ø Reliance Jio adds 3.5 Million users in May, Vodafone Idea & Airtel lose big
Ø Raymond Q1 net loss at Rs 157 cr; revenue from operations at Rs 826 cr
Ø Tech Mahindra Q1 net up 39.2% YoY to Rs 1,353 cr, revenues rises 12%
Ø ArcelorMittal Nippon Steel India EBITDA jumps 450% to $607 million
Ø Factoring Regulation Bill to open more credit facilities for MSMEs: FM
Ø Airport Privatisation gets a fillip as Lok Sabha passes AERA bill
Ø Rs 238 Cr spent so far for construction of new Parliament building: Govt
Ø Merchandise exports to grow 6.9% year-on-year in 2021-22: India Ratings
Ø Indian traders sign sugar export deals in advance as frost hits Brazil

Financial Express

Ø Demand for digital skills drives up attrition in IT Sector
Ø More than 3 GW solar projects held up due to rising module prices: Industry
Ø DLF to increase prices across residential products portfolio
Ø Punjab & Sind Bank reports Q1 net profit at Rs 174 cr
Ø Fintech startup Slice raises Rs 75.5 Crore in debt funding
Ø Flyjac Logistics acquires 22.3 acre land from Macrotech Developers in Mumbai region
Ø Cognizant Q2 net income up 41.8 pc to $512 Million; to hire 1 lakh people this year
Ø GST rate structure rationalisation on govt’s agenda, definitely going to happen, says CEA Subramanian

Mint

Ø World pledges $4B in push to repair Covid's education damage
Ø Coralogix raises $55 mn in Series-C funding to expand its footprint in India
Ø Welspun Corp Q1 net profit jumps 80% to ₹97 Crore
Ø PVR Q1 results: Net loss declines to ₹219.55 Cr, Revenue grows to ₹59 Cr
Ø Fed keeps rates unchanged in a relief to stock markets
Ø Intel collaborates with Education Ministry, CBSE for new ‘Ai for All’ program
Ø US Economy grew 6.5% in Second-quarter : Report
Ø Knowledge lens launches Universal data diode to bring 100 % IT-OT security
Ø Car repair startup Fixcraft raises $1 million in Pre-Series A funding
Ø PHDCCI recommends special Covid-19 Bonds as substitute for Market borrowing

Gn

Stay away from these type of investments, Continuously not beating Benchmark Return.
4 year back I recommended this investment to one of my investors. At that time it is one of the best performing PMS.
In Investments where charges comes it is hard to generate "alpha" means return over benchmark in Long run.
Before choosing your investments don't see short term return of that fund, it will never workout.
In PMS charges are more compare to Mutual Funds.
So be realistic in Investments you will Make Money.
Realistic Return 12-15% per annum in long run.
This is "Motilal Oswal" Next Trillion Dollars Opportunity PMS

Must Apply IPO...Go Ahead.
It comes under discretionary expenses (nonessential spending), where people spent on things which are not essential and it increases with increase in Income.

1. Windlas Biotech Limited IPO (Windlas Biotech Pvt. Ltd offers long-term Contract Manufacturing services right from strategic partnership in development and validations to manufacturing of pharmaceutical ingredients.)

Source: (https://www.chittorgarh.com/)

Profit After Tax 9.67 Cr (FY21) 16.21 Cr (FY20) 63.82 Cr (FY19) 11.19 Cr (FY18)

My Note: Earnings Not Constant, in long run means in 2-4 quarters if earnings will not grow and fall below expectations then it will effect the shares price drastically.
Company works as a contract manufacturing if any cancellation in contract and unable to find other manufactures leads to earning loss.

My Recommendation: Not advisable to invest.
( Again if there is a huge subscription and high astronomical demand then price will be anywhere from issue price) but in long run how they survive their growing earnings that is my concern.

🇮🇳Business News Headlines

Economic Times

Ø Maruti, Hyundai and Tata Motors post double-digit sales growth in July
Ø Hindalco to invest Rs 8,000-10,000 Cr in Hirakud, Silvassa & Mundra plants
Ø Biological E to break into big league by Manufacturing 3 Covid Vaccines
Ø India's appeal against Vodafone award in Senior court, hearing in Sept
Ø Government can exempt any listed PSU from minimum public holding
Ø IRB Infrastructure Developers completes Rs 381.63 Crore fundraising
Ø IDFC First Bank posts Rs 630-Cr loss in Q1 on Pandemic Provisions
Ø IPOs raise over Rs 27,000 Cr in Apr-Jul; issues worth Rs 70K Cr in pipeline
Ø Leading Auto makers post double-digit sales growth in July
Ø Gautam Adani incorporates new petrochemicals subsidiary
Ø India's crude steel output up 21.4% at 9.4 MT in June: Worldsteel

Business Standard

Ø India's 5G space booming with global, domestic players pitching in
Ø Maruti Suzuki reports 50% increase in July sales at 1,62,462 Units
Ø Export fetters by China, Russia spell good news for Indian steelmakers
Ø India's fuel demand picks up in July, petrol consumption at pre-Covid level
Ø July GST revenue at over Rs 1.16 Trn; Govt says it marks economic recovery
Ø India's Power Consumption back to pre-Covid level in July; up nearly 12%
Ø Tata Motors looking at measures to offset impact of semiconductor shortage
Ø Videocon's Venugopal Dhoot moves NCLAT against Deloitte, CoC and Vedanta
Ø Hitachi 'reimagining' India as global hub for new age tech solutions
Ø FPIs pull out net investments worth Rs 11,308 Cr from equities in July

Financial Express

Ø RBI likely to maintain status quo on interest rate
Ø Fino Payments Bank files documents with Sebi for IPO
Ø PSU banks mobilise record fund of Rs 58,700 crore from markets in FY21
Ø PLI for specialty steel: Govt expects robust response from large firms
Ø Logistics MSMEs must make a one-time tech investment
Ø Rolex Rings IPO subscribed 130.44 times on last day
Ø Sebi gives more time to brokers, clearing members to comply with certain rules
Ø IPO market nears peak as valuations hit 20-year high

Mint

Ø Passenger vehicle dispatches improve in July as curbs eased
Ø India's crude steel output up 21.4% at 9.4 MT in June: Worldsteel
Ø Deals sizes of Happiest Minds' infrastructure and security biz surge
Ø Vedanta's Sterlite Power hires JM Financial and Axis Capital for IPO
Ø Torrent Power firming up electricity play
Ø HPCL goes all out to help India’s green push
Ø Retail, agri segments drive credit growth in June: Care Ratin
Ø Adani Enterprises incorporates new petrochemicals subsidiary
Ø IDFC First Bank Q1 results: Covid provisioning leads to ₹630 cr net loss
Ø S&P revises Adani Electricity Mumbai's outlook to negative