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
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
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.
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
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
🇮🇳Business News Headlines
Economic Times
Ø NBFC Indel Money to launch maiden Rs 150 Cr NCD in September
Ø Kumar Mangalam Birla "willing" to give up stake in Voda Idea for Telcos survival
Ø Mahindra & Mahindra July tractor sales rise 7 pc to 27,229 Units
Ø DLF bets big on home projects, hopes to ride the WFH wave
Ø Glenmark inks deal with SaNOtize for COVID treatment spray in India, other Asian markets
Ø Chevron, Total in talks with ONGC for upstream projects in India
Ø Exxaro’s IPO looks aggressively priced given its small size and intense competition
Ø IndiaTech proposes key changes in SR shareholding rules to Sebi
Ø Reliance Retail in talks to put Subway India on its plate
Ø Govt says no Proposal under consideration to waive Farmer loans
Ø Unicorn IPOs may bring tax woes for early investors
Business Standard
Ø Zomato to launch unlimited free deliveries for select customers: CEO Goyal
Ø Tata Sons' arm Panatone Finvest acquires 8% Stake in Tejas Networks
Ø Adani Power takes one of three mines on Day-1 of Commercial Coal auction
Ø Sebi revises minimum application value, trading lot for REITs, InvITs
Ø Ambuja Cements to invest Rs 310 Crore to expand Ropar unit in Punjab
Ø Patel Engineering bags Rs 976 Cr order for Luhri hydro electric project
Ø Steel production impacted in Apr-Jun qtr due to second Covid Wave : Minister
Ø Govt spending to push private capex higher after multi-year deleveraging
Ø Adani, Essar, queue up for govt's Rs 2,500 Cr-plan to develop ports
Ø Govt may defer Privatisation plans for 2 PSU Banks to FY23: Report
Financial Express
Ø Rakesh Jhunjhunwala to invest Rs 31 Cr in Raghav Productivity Enhancers
Ø Fino Payments Bank files documents with Sebi for IPO
Ø Policybazaar files IPO papers with SEBI; SoftBank-backed insurance firm looks to raise Rs 6,000-Cr
Ø Tata Motors to increase prices tomorrow: Offers price protection until end August
Ø ABB India partners with Audi India to provide charging solutions for e-tron range
Ø Stiff target: New Foreign Trade Policy aims for exports of $1 Trillion by FY26
Ø Sebi gives more time to brokers, clearing members to comply with certain rules
Ø Maruti Suzuki cars have least CO2 emissions: CNG, hybrids the way forward says Chairman
Mint
Ø EPFO invests ₹7,715 Crore in equity in April-June
Ø Ramdev’s Ruchi Soya to start palm oil plantations in North East
Ø Govt defers sale of two PSU banks to next year
Ø Sebi to ease rules for Startups to go Public
Ø Torrent Power firming up electricity play
Ø HPCL goes all out to help India’s Green push
Ø Cigarette sales soar but ITC stock fails to light up
Ø Adani Enterprises incorporates new Petrochemicals subsidiary
Ø PNB Q1 results: Net profit zooms 232% YoY to ₹1,023 Cr
Ø FMCG Company Adani Wilmar files DRHP for ₹4,500-Cr IPO
Economic Times
Ø NBFC Indel Money to launch maiden Rs 150 Cr NCD in September
Ø Kumar Mangalam Birla "willing" to give up stake in Voda Idea for Telcos survival
Ø Mahindra & Mahindra July tractor sales rise 7 pc to 27,229 Units
Ø DLF bets big on home projects, hopes to ride the WFH wave
Ø Glenmark inks deal with SaNOtize for COVID treatment spray in India, other Asian markets
Ø Chevron, Total in talks with ONGC for upstream projects in India
Ø Exxaro’s IPO looks aggressively priced given its small size and intense competition
Ø IndiaTech proposes key changes in SR shareholding rules to Sebi
Ø Reliance Retail in talks to put Subway India on its plate
Ø Govt says no Proposal under consideration to waive Farmer loans
Ø Unicorn IPOs may bring tax woes for early investors
Business Standard
Ø Zomato to launch unlimited free deliveries for select customers: CEO Goyal
Ø Tata Sons' arm Panatone Finvest acquires 8% Stake in Tejas Networks
Ø Adani Power takes one of three mines on Day-1 of Commercial Coal auction
Ø Sebi revises minimum application value, trading lot for REITs, InvITs
Ø Ambuja Cements to invest Rs 310 Crore to expand Ropar unit in Punjab
Ø Patel Engineering bags Rs 976 Cr order for Luhri hydro electric project
Ø Steel production impacted in Apr-Jun qtr due to second Covid Wave : Minister
Ø Govt spending to push private capex higher after multi-year deleveraging
Ø Adani, Essar, queue up for govt's Rs 2,500 Cr-plan to develop ports
Ø Govt may defer Privatisation plans for 2 PSU Banks to FY23: Report
Financial Express
Ø Rakesh Jhunjhunwala to invest Rs 31 Cr in Raghav Productivity Enhancers
Ø Fino Payments Bank files documents with Sebi for IPO
Ø Policybazaar files IPO papers with SEBI; SoftBank-backed insurance firm looks to raise Rs 6,000-Cr
Ø Tata Motors to increase prices tomorrow: Offers price protection until end August
Ø ABB India partners with Audi India to provide charging solutions for e-tron range
Ø Stiff target: New Foreign Trade Policy aims for exports of $1 Trillion by FY26
Ø Sebi gives more time to brokers, clearing members to comply with certain rules
Ø Maruti Suzuki cars have least CO2 emissions: CNG, hybrids the way forward says Chairman
Mint
Ø EPFO invests ₹7,715 Crore in equity in April-June
Ø Ramdev’s Ruchi Soya to start palm oil plantations in North East
Ø Govt defers sale of two PSU banks to next year
Ø Sebi to ease rules for Startups to go Public
Ø Torrent Power firming up electricity play
Ø HPCL goes all out to help India’s Green push
Ø Cigarette sales soar but ITC stock fails to light up
Ø Adani Enterprises incorporates new Petrochemicals subsidiary
Ø PNB Q1 results: Net profit zooms 232% YoY to ₹1,023 Cr
Ø FMCG Company Adani Wilmar files DRHP for ₹4,500-Cr IPO
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🇮🇳Business News Headlines
Economic Times
Ø India initiates anti-dumping probe against Chinese pharma chemical
Ø I-T Dept extends deadline for various tax compliances
Ø Over 48 Crore Covid vaccine doses administered in India so far: Govt
Ø Total Debt expected to rise to 61.7% of GDP in FY22: Minister
Ø NMDC iron ore output grows 3.6% to 11.96 MT in Apr-Jul
Ø Shrem Group aims to raise Rs 600 Cr by diluting stake in InvIT next week
Ø Sebi allows payments banks to act as investment bankers
Ø Kalpataru Power Transmission Q1 results: Net jumps nearly 3-fold to Rs 78 Cr
Ø Shipping Corp of India Q1: Net Profit declines 112% to Rs 159 Crore
Ø API imports stood at Rs 28,529 cr, exports at Rs 32,856 Cr in FY21: Mansukh Mandaviya
Ø Airtel Q1 net profit at Rs284 crore, ARPU at Rs 146; lockdowns weigh
Ø Leap raises $34 Million in funding
Ø Healthtech startup Onsurity gets $16 Million from Quona Capital, others
Business Standard
Ø Dabur India's profit after tax jumps 28.4%, beats Pre-Covid levels
Ø Adani Ports' net profit jumps 77% to Rs 1,342 Crore in June quarter
Ø Adani Enterprises Q1 FY22 Consolidated PAT at Rs 271 Crore, up 9 times YoY
Ø Bhavin Turakhia's email startup Titan raises $30 mn, valued at $300 Mn
Ø Ola Electric to ride into Two-Wheeler market with scooter launch on Aug 15
Ø Crops' share in agriculture and allied sector drops to 55.5%, shows data
Ø NBFCs sector will see 50-100 BPS increase in 90+dpd in FY22: ICRA
Ø IndusInd Bank gets empanelled as Agency Bank to RBI
Ø Govt, RBI, Sebi watching markets closely: FM Nirmala Sitharaman
Ø AUM of India-dedicated funds rise 8.3% in H1 of CY21 to $42 Billion
Ø Niti Aayog pitches for greater financial autonomy for state-owned discoms
Ø Ant Group's Profit falls 37% to $2.1 Billion after regulatory setbacks
Ø PepsiCo to sell Tropicana, other juices, to PE firm in $3.3 Bn deal
Financial Express
Ø Infra.Market raises $125 Million in funding led by TigerGlobal
Ø Bank of India Q1 Net Profit falls 15% on lower NII, higher provisions
Ø STL partners Facebook Connectivity to develop 4G, 5G Radio products
Ø IOB net profit jumps 170% to Rs 327 Cr in Q1 on rise in other income, robust recovery
Ø upGrad acquires edtech company KnowledgeHut
Ø Demand for MG-NREGS work still high, supply seems curbed
Ø At 17% in July, GST e-way bill generation highest in four months
Ø Free grains scheme costing Rs 2 Lakh Crore, helped reduce hunger: PM
Ø GST officers detect Rs 7,421 Cr tax evasion in April-June; recover Rs 1,920 Cr
Ø Efficient distribution sector essential for improving ease of doing business: Niti Aayog VC
Ø Vodafone Idea shares fall over 10% ; at 52-week low
Mint
Ø Actis eyes GIP’s Vector Green to bolster renewable capacity
Ø India seeks review of WTO e-transmissions moratorium
Ø GSPC sets out on fresh round of asset sales to reduce debt
Ø Dabur Profit up 28.42% in June Quarter
Ø BharatPe joins unicorn club, valuation triples to $2.85 Bn
Ø Exxaro Tiles raises Rs23.68 Crore from 2 Anchor investors ahead of IPO
Ø Indian carmakers seek extra year to meet fuel efficiency rules: Sources
Ø India's Urea Import rises 8% to 98.28 Lakh Tonnes in 2020-21
Ø India's e-commerce market continues to grow at 5% Rate per annum, says govt
Ø India sees uptick in hiring, around 42% above Pre-Covid Levels : Report
Economic Times
Ø India initiates anti-dumping probe against Chinese pharma chemical
Ø I-T Dept extends deadline for various tax compliances
Ø Over 48 Crore Covid vaccine doses administered in India so far: Govt
Ø Total Debt expected to rise to 61.7% of GDP in FY22: Minister
Ø NMDC iron ore output grows 3.6% to 11.96 MT in Apr-Jul
Ø Shrem Group aims to raise Rs 600 Cr by diluting stake in InvIT next week
Ø Sebi allows payments banks to act as investment bankers
Ø Kalpataru Power Transmission Q1 results: Net jumps nearly 3-fold to Rs 78 Cr
Ø Shipping Corp of India Q1: Net Profit declines 112% to Rs 159 Crore
Ø API imports stood at Rs 28,529 cr, exports at Rs 32,856 Cr in FY21: Mansukh Mandaviya
Ø Airtel Q1 net profit at Rs284 crore, ARPU at Rs 146; lockdowns weigh
Ø Leap raises $34 Million in funding
Ø Healthtech startup Onsurity gets $16 Million from Quona Capital, others
Business Standard
Ø Dabur India's profit after tax jumps 28.4%, beats Pre-Covid levels
Ø Adani Ports' net profit jumps 77% to Rs 1,342 Crore in June quarter
Ø Adani Enterprises Q1 FY22 Consolidated PAT at Rs 271 Crore, up 9 times YoY
Ø Bhavin Turakhia's email startup Titan raises $30 mn, valued at $300 Mn
Ø Ola Electric to ride into Two-Wheeler market with scooter launch on Aug 15
Ø Crops' share in agriculture and allied sector drops to 55.5%, shows data
Ø NBFCs sector will see 50-100 BPS increase in 90+dpd in FY22: ICRA
Ø IndusInd Bank gets empanelled as Agency Bank to RBI
Ø Govt, RBI, Sebi watching markets closely: FM Nirmala Sitharaman
Ø AUM of India-dedicated funds rise 8.3% in H1 of CY21 to $42 Billion
Ø Niti Aayog pitches for greater financial autonomy for state-owned discoms
Ø Ant Group's Profit falls 37% to $2.1 Billion after regulatory setbacks
Ø PepsiCo to sell Tropicana, other juices, to PE firm in $3.3 Bn deal
Financial Express
Ø Infra.Market raises $125 Million in funding led by TigerGlobal
Ø Bank of India Q1 Net Profit falls 15% on lower NII, higher provisions
Ø STL partners Facebook Connectivity to develop 4G, 5G Radio products
Ø IOB net profit jumps 170% to Rs 327 Cr in Q1 on rise in other income, robust recovery
Ø upGrad acquires edtech company KnowledgeHut
Ø Demand for MG-NREGS work still high, supply seems curbed
Ø At 17% in July, GST e-way bill generation highest in four months
Ø Free grains scheme costing Rs 2 Lakh Crore, helped reduce hunger: PM
Ø GST officers detect Rs 7,421 Cr tax evasion in April-June; recover Rs 1,920 Cr
Ø Efficient distribution sector essential for improving ease of doing business: Niti Aayog VC
Ø Vodafone Idea shares fall over 10% ; at 52-week low
Mint
Ø Actis eyes GIP’s Vector Green to bolster renewable capacity
Ø India seeks review of WTO e-transmissions moratorium
Ø GSPC sets out on fresh round of asset sales to reduce debt
Ø Dabur Profit up 28.42% in June Quarter
Ø BharatPe joins unicorn club, valuation triples to $2.85 Bn
Ø Exxaro Tiles raises Rs23.68 Crore from 2 Anchor investors ahead of IPO
Ø Indian carmakers seek extra year to meet fuel efficiency rules: Sources
Ø India's Urea Import rises 8% to 98.28 Lakh Tonnes in 2020-21
Ø India's e-commerce market continues to grow at 5% Rate per annum, says govt
Ø India sees uptick in hiring, around 42% above Pre-Covid Levels : Report
🇮🇳Business News Headlines
Economic Times
Ø KM Birla stepping down as Non-Exec Chairman of Voda Idea
Ø With BP as ally, Reliance Industries wants to dominate the Highway Retail Market
Ø Voda Idea lenders fret over ‘too big to fail’ Telco giant
Ø NSE-BSE bulk deals: Sunil Singhania’s Abakkus Asset sells stake in Ugro Capital
Ø Stock markets likely reflecting the future Growth prospects: FM
Ø Shrem Group aims to raise Rs 600 Cr by diluting stake in InvIT next week
Ø Krsnaa Diagnostic IPO fully subscribed on day 1
Ø Devyani International collects Rs 825 Cr from anchor investors
Ø Zomato is the beginning of a very long trend: Vikas Khemani
Ø Yes Bank fraud: Delhi Court sends Avantha Group promoter Gautam Thapar to one-day ED custody
Ø JK Lakshmi Cement to invest in augmenting existing capacities in North, West markets
Business Standard
Ø Kesoram scraps preferential allotment, plans rights issue
Ø Banks to discuss next course of action on debt-laden Vodafone Idea
Ø Carlyle affiliate to offload entire 1.9% stake in SBI Life Insurance
Ø India needs 3 pvt players in telecom; hope govt offers support: Airtel CEO
Ø Prices of pulses decline on stock limits; edible oil still rising
Ø Ability to smoke out of home to help cigarette sales in FY22: Report
Ø RBI extends deadline for shifting of current accounts till Oct 31
Ø Resident Indian fund managers can be part of FPIs, says Sebi
Ø ESG integration in business will help create long-term value: EY India
Ø Shrem Group aims to raise Rs 600 Cr by diluting stake in InvIT next week
Financial Express
Ø Realtors welcome UPRERA extension to realty projects
Ø ED arrests Avantha Group promoter Gautam Thapar in money laundering case
Ø Kumar Mangalam Birla steps down as non-executive chairman of Vodafone Idea
Ø Paytm Money records over Rs 70,000 average investment from 2.1 Lakh demat a/c holders in FY21
Ø Cotton sowing picks up after July’s dry spell
Ø Unlisted InvITs: Sebi puts in place framework for minimum number of unit holders
Ø Sebi gives more time to brokers, clearing members to comply with certain rules
Ø Maruti Suzuki cars have least CO2 emissions: CNG, hybrids the way forward says Chairman
Ø RBI issues framework for outsourcing of activities by Payment System Operators
Ø 'Indian firms supplied defence equipment worth ₹2.02 Lakh Cr since 2018-19'
Mint
Ø Zomato incorporates digital transaction subsidiary Zomato Payments
Ø Unilever is said to kick off sale of large part of tea business
Ø Privatization of banks should not need an alibi
Ø India's HPCL to operate expanded Mumbai refinery at full rate by mid-October
Ø Carlyle-PNB Housing Fin deal gets CCI nod
Ø 'IT services industry growth to accelerate in FY22, Profit margins to moderate'
Ø India's e-commerce market continues to grow at 5% rate per annum, says govt
Ø ESG integration in business will help create long-term value: EY India
Ø Reliance announces doubling of PET bottles recycling capacity
Ø China takes aim at auto chip dealers with global supplies low
Ø Suzuki to cut vehicle production at the Gujarat factory due to chip shortage
Ø Infra.Market raises $125 Million, Valuation soars to $2.5 Billion
Economic Times
Ø KM Birla stepping down as Non-Exec Chairman of Voda Idea
Ø With BP as ally, Reliance Industries wants to dominate the Highway Retail Market
Ø Voda Idea lenders fret over ‘too big to fail’ Telco giant
Ø NSE-BSE bulk deals: Sunil Singhania’s Abakkus Asset sells stake in Ugro Capital
Ø Stock markets likely reflecting the future Growth prospects: FM
Ø Shrem Group aims to raise Rs 600 Cr by diluting stake in InvIT next week
Ø Krsnaa Diagnostic IPO fully subscribed on day 1
Ø Devyani International collects Rs 825 Cr from anchor investors
Ø Zomato is the beginning of a very long trend: Vikas Khemani
Ø Yes Bank fraud: Delhi Court sends Avantha Group promoter Gautam Thapar to one-day ED custody
Ø JK Lakshmi Cement to invest in augmenting existing capacities in North, West markets
Business Standard
Ø Kesoram scraps preferential allotment, plans rights issue
Ø Banks to discuss next course of action on debt-laden Vodafone Idea
Ø Carlyle affiliate to offload entire 1.9% stake in SBI Life Insurance
Ø India needs 3 pvt players in telecom; hope govt offers support: Airtel CEO
Ø Prices of pulses decline on stock limits; edible oil still rising
Ø Ability to smoke out of home to help cigarette sales in FY22: Report
Ø RBI extends deadline for shifting of current accounts till Oct 31
Ø Resident Indian fund managers can be part of FPIs, says Sebi
Ø ESG integration in business will help create long-term value: EY India
Ø Shrem Group aims to raise Rs 600 Cr by diluting stake in InvIT next week
Financial Express
Ø Realtors welcome UPRERA extension to realty projects
Ø ED arrests Avantha Group promoter Gautam Thapar in money laundering case
Ø Kumar Mangalam Birla steps down as non-executive chairman of Vodafone Idea
Ø Paytm Money records over Rs 70,000 average investment from 2.1 Lakh demat a/c holders in FY21
Ø Cotton sowing picks up after July’s dry spell
Ø Unlisted InvITs: Sebi puts in place framework for minimum number of unit holders
Ø Sebi gives more time to brokers, clearing members to comply with certain rules
Ø Maruti Suzuki cars have least CO2 emissions: CNG, hybrids the way forward says Chairman
Ø RBI issues framework for outsourcing of activities by Payment System Operators
Ø 'Indian firms supplied defence equipment worth ₹2.02 Lakh Cr since 2018-19'
Mint
Ø Zomato incorporates digital transaction subsidiary Zomato Payments
Ø Unilever is said to kick off sale of large part of tea business
Ø Privatization of banks should not need an alibi
Ø India's HPCL to operate expanded Mumbai refinery at full rate by mid-October
Ø Carlyle-PNB Housing Fin deal gets CCI nod
Ø 'IT services industry growth to accelerate in FY22, Profit margins to moderate'
Ø India's e-commerce market continues to grow at 5% rate per annum, says govt
Ø ESG integration in business will help create long-term value: EY India
Ø Reliance announces doubling of PET bottles recycling capacity
Ø China takes aim at auto chip dealers with global supplies low
Ø Suzuki to cut vehicle production at the Gujarat factory due to chip shortage
Ø Infra.Market raises $125 Million, Valuation soars to $2.5 Billion
Two ✌2⃣ Stocks with two different stories. Penny is always Penny, if Not You someone else Loose it's Money.
Note: Time ⌚ and Understanding of good Business are the only way to create wealth.
I am not telling those who loose took wrong advice or decision but don't do the same mistake again, and you will see Money will start pouring into Your Portfolio.
Note: Time ⌚ and Understanding of good Business are the only way to create wealth.
I am not telling those who loose took wrong advice or decision but don't do the same mistake again, and you will see Money will start pouring into Your Portfolio.