🇮🇳Business News Headlines
Economic Times
Ø Penalty for missing ITR Filing deadline cut to half
Ø Bill Gates' investment firm to take control of Four Seasons in $2.21 Billion deal
Ø JSPL prepays $106 Million debt for Australian arm
Ø Canada Pension Plan Investment Board to sell 2% Stake in SBI Life
Ø India considering Foreign Institutional investment of up to 20% in LIC IPO: Report
Ø Sebi notifies rules for entities with listed debt securities
Ø India's Bond index inclusion may draw $250 bn inflows
Ø Govt announces MSP of rabi crops, highest increase of Rs 400/Quintal in prices of mustard and masur
Ø Government constitutes panel to frame new law for Drugs, Cosmetics, Medical devices
Ø Auto volumes likely to rise 12-16% this fiscal, says new India Ratings Report
Ø ADB and GoI sign $300 Million additional financing for Maharashtra Rural Connectivity Improvement Project
Ø Vahdam India bags Rs 174 Crore in funding led by IIFL AMC's PE fund
Ø Edtech startup Leap raises $55 million funding led by Owl Ventures
Ø CollegeDekho raises $26.5 million led by Winter Capital, ETS and Man Capital
Business Standard
Ø After Google Pay, Amazon debuts as platform for taking deposits
Ø $2.5-Billion buy of 56 C-295 military transport planes cleared
Ø Union Cabinet approves Rs 10,683-crore PLI scheme for textile sector
Ø 3/4th of liquidated companies were in BIFR or defunct: IBBI data
Ø Godrej Properties, Prestige Estates eye Rs 10K-cr sales booking club
Ø Flipkart strengthens Kirana delivery with 100k partners for festive season
Ø India to give $3.5 bn in revised clean tech scheme for auto firms: Report
Ø Credit ratio rises to 4x to 2.3 in April-Aug on better corp health: Acuite
Ø Hit by Covid-19, India's Edible oil imports seen at lowest in six years
Ø Auto debit payment failures ease in August, shows NPCI data
Ø Sansera IPO to open on Sep 14; price band set at Rs 734-744/share
Financial Express
Ø RBI removes UCO Bank from Prompt Corrective Action framework
Ø Centre mulls changes in mining sector: Pralhad Joshi
Ø Govt sticks to Sep 15 deadline for putting financial bids for Air India
Ø Registration of new companies jumped 26 pc in 2020-21: Report
Ø Samsung retains pole position in India’s tablet market with record 220% YoY growth in Q2: IDC
Ø India to post strong GDP Growth in coming quarters: S&P
Ø OYO IPO gathers steam, DRHP likely soon; authorised share capital raised to Rs 901 cr from Rs 1.17 Cr
Ø WHO chief urges halt to booster shots for rest of the year
Mint
Ø Fabindia appoints i-bankers for up to $1 Billion initial share sale
Ø Refineries operate below 90% capacity as diesel demand lags
Ø Households’ extra savings hit $300 billion after Covid 2.0: UBS
Ø Govt to leverage state-run power firms to add green energy capacity
Ø Hero Motors aims to triple international revenue to ₹3,000 Crore by FY24
Ø US Job openings rose to a record 10.9 Million in July
Ø Financial services startup WeRize raises $8 million in Series A funding
Ø NPCI and Fiserv launch RuPay credit card stack for fintechs and banks
Ø Sun Pharma forays into nutrition bar segment, launches Revital NXT
Ø JNPT’s Cargo handling up 28.45% in August
Economic Times
Ø Penalty for missing ITR Filing deadline cut to half
Ø Bill Gates' investment firm to take control of Four Seasons in $2.21 Billion deal
Ø JSPL prepays $106 Million debt for Australian arm
Ø Canada Pension Plan Investment Board to sell 2% Stake in SBI Life
Ø India considering Foreign Institutional investment of up to 20% in LIC IPO: Report
Ø Sebi notifies rules for entities with listed debt securities
Ø India's Bond index inclusion may draw $250 bn inflows
Ø Govt announces MSP of rabi crops, highest increase of Rs 400/Quintal in prices of mustard and masur
Ø Government constitutes panel to frame new law for Drugs, Cosmetics, Medical devices
Ø Auto volumes likely to rise 12-16% this fiscal, says new India Ratings Report
Ø ADB and GoI sign $300 Million additional financing for Maharashtra Rural Connectivity Improvement Project
Ø Vahdam India bags Rs 174 Crore in funding led by IIFL AMC's PE fund
Ø Edtech startup Leap raises $55 million funding led by Owl Ventures
Ø CollegeDekho raises $26.5 million led by Winter Capital, ETS and Man Capital
Business Standard
Ø After Google Pay, Amazon debuts as platform for taking deposits
Ø $2.5-Billion buy of 56 C-295 military transport planes cleared
Ø Union Cabinet approves Rs 10,683-crore PLI scheme for textile sector
Ø 3/4th of liquidated companies were in BIFR or defunct: IBBI data
Ø Godrej Properties, Prestige Estates eye Rs 10K-cr sales booking club
Ø Flipkart strengthens Kirana delivery with 100k partners for festive season
Ø India to give $3.5 bn in revised clean tech scheme for auto firms: Report
Ø Credit ratio rises to 4x to 2.3 in April-Aug on better corp health: Acuite
Ø Hit by Covid-19, India's Edible oil imports seen at lowest in six years
Ø Auto debit payment failures ease in August, shows NPCI data
Ø Sansera IPO to open on Sep 14; price band set at Rs 734-744/share
Financial Express
Ø RBI removes UCO Bank from Prompt Corrective Action framework
Ø Centre mulls changes in mining sector: Pralhad Joshi
Ø Govt sticks to Sep 15 deadline for putting financial bids for Air India
Ø Registration of new companies jumped 26 pc in 2020-21: Report
Ø Samsung retains pole position in India’s tablet market with record 220% YoY growth in Q2: IDC
Ø India to post strong GDP Growth in coming quarters: S&P
Ø OYO IPO gathers steam, DRHP likely soon; authorised share capital raised to Rs 901 cr from Rs 1.17 Cr
Ø WHO chief urges halt to booster shots for rest of the year
Mint
Ø Fabindia appoints i-bankers for up to $1 Billion initial share sale
Ø Refineries operate below 90% capacity as diesel demand lags
Ø Households’ extra savings hit $300 billion after Covid 2.0: UBS
Ø Govt to leverage state-run power firms to add green energy capacity
Ø Hero Motors aims to triple international revenue to ₹3,000 Crore by FY24
Ø US Job openings rose to a record 10.9 Million in July
Ø Financial services startup WeRize raises $8 million in Series A funding
Ø NPCI and Fiserv launch RuPay credit card stack for fintechs and banks
Ø Sun Pharma forays into nutrition bar segment, launches Revital NXT
Ø JNPT’s Cargo handling up 28.45% in August
🇮🇳Business News Headlines
Economic Times
Ø FM Sitharaman says many PSBs have come back to normalcy now
Ø Govt appoints 31 Members at NCLT, ITAT
Ø Tata Power, Adani told to submit revised bids for UP Transco
Ø The RSS-Infy fiasco is making some doubt the virtues of honest business
Ø Drug makers Granules India, Jubilant Cadista recall products in US market
Ø Zomato scraps Grocery deliveries for the second time
Ø Income Tax refunds worth Rs 70,120 Crore issued between April 1 and September 6
Ø Vaccination is the medicine to boost economy: Nirmala Sitharaman
Ø Indian IT struggles to get experienced hands amid tech boom
Ø Unitholders of Franklin’s six shut debt schemes to get Rs 2,918 Crore
Ø FPIs pump in Rs 7,605 Cr so far during Sept
Business Standard
Ø Small- and mid-caps set to top asset class league after a gap of five years
Ø Sebi notifies certification requirements for distributors, staff of PMS
Ø Manyavar owner Vedant Fashions files IPO with Sebi to raise funds
Ø Investors turn positive for Gold ETFs in Aug on positive global outlook
Ø T+1 cycle may reduce margin requirement, boost investment: Experts
Ø CPPIB sells 2.3% stake in SBI Life Insurance Company
Ø Demand recovery in durables, growth expectations drive rally in Voltas
Ø Cathie Wood's fintech ETF sells HDFC Bank for first time since May
Ø Despite chip shortage, automakers expect better festive season
Ø Moody's assigns B1(hyb) rating to Axis Bank's proposed AT-I capital bonds
Ø Buy growth, value stocks for equity portfolio to beat inflation: Chris Wood
Financial Express
Ø Eleven firms debuted at discount since January after raising funds via IPO
Ø Kharif: Dry weather seen dragging down cotton, groundnut output
Ø Snapdeal assessing IPO route: Sources
Ø IIP growth: India’s index of industrial production grows 11.5% in July
Ø High shipping costs: Scheme to aid farm exporters back & fortified
Ø Ami Organics IPO subscribed 64.54 times on closing day
Ø Godrej Consumer Products expects double-digit growth in FY'22
Ø CNG price may rise 10-11% in October
Ø Financial bids for BPCL after September
Ø NTPC Darlipali Thermal Power Station's Unit 2 to start Commercial operation from Sep 1
Ø Domestic Natural Gas prices seen rising to $3.15/mBtu in October
Mint
Ø Refiners to get 4.3 Mn barrels from strategic reserves by Dec
Ø ONGC’s long hunt for another Bombay High
Ø HDFC rides the coat tails of the real estate recovery
Ø Coal India’s volume growth offers hope, but sustainability holds key
Ø Varun Beverages set to gain from robust growth outlook
Ø HDFC Life’s buyout of Exide Life is promising beyond near-term pinch
Ø Oil India’s efforts to pare debt help boost investor sentiment
Ø Chip Shortage drives tech companies and car makers closer
Ø Zomato shelves Consumer E-Grocery plans
Ø PNB appoints Rekha Jain as shareholder director, Asha Bhandarker steps down
Ø India's Space-tech startups steering a rough ride
Ø Moody's revises JSW Steel's Outlook to positive from stable
Economic Times
Ø FM Sitharaman says many PSBs have come back to normalcy now
Ø Govt appoints 31 Members at NCLT, ITAT
Ø Tata Power, Adani told to submit revised bids for UP Transco
Ø The RSS-Infy fiasco is making some doubt the virtues of honest business
Ø Drug makers Granules India, Jubilant Cadista recall products in US market
Ø Zomato scraps Grocery deliveries for the second time
Ø Income Tax refunds worth Rs 70,120 Crore issued between April 1 and September 6
Ø Vaccination is the medicine to boost economy: Nirmala Sitharaman
Ø Indian IT struggles to get experienced hands amid tech boom
Ø Unitholders of Franklin’s six shut debt schemes to get Rs 2,918 Crore
Ø FPIs pump in Rs 7,605 Cr so far during Sept
Business Standard
Ø Small- and mid-caps set to top asset class league after a gap of five years
Ø Sebi notifies certification requirements for distributors, staff of PMS
Ø Manyavar owner Vedant Fashions files IPO with Sebi to raise funds
Ø Investors turn positive for Gold ETFs in Aug on positive global outlook
Ø T+1 cycle may reduce margin requirement, boost investment: Experts
Ø CPPIB sells 2.3% stake in SBI Life Insurance Company
Ø Demand recovery in durables, growth expectations drive rally in Voltas
Ø Cathie Wood's fintech ETF sells HDFC Bank for first time since May
Ø Despite chip shortage, automakers expect better festive season
Ø Moody's assigns B1(hyb) rating to Axis Bank's proposed AT-I capital bonds
Ø Buy growth, value stocks for equity portfolio to beat inflation: Chris Wood
Financial Express
Ø Eleven firms debuted at discount since January after raising funds via IPO
Ø Kharif: Dry weather seen dragging down cotton, groundnut output
Ø Snapdeal assessing IPO route: Sources
Ø IIP growth: India’s index of industrial production grows 11.5% in July
Ø High shipping costs: Scheme to aid farm exporters back & fortified
Ø Ami Organics IPO subscribed 64.54 times on closing day
Ø Godrej Consumer Products expects double-digit growth in FY'22
Ø CNG price may rise 10-11% in October
Ø Financial bids for BPCL after September
Ø NTPC Darlipali Thermal Power Station's Unit 2 to start Commercial operation from Sep 1
Ø Domestic Natural Gas prices seen rising to $3.15/mBtu in October
Mint
Ø Refiners to get 4.3 Mn barrels from strategic reserves by Dec
Ø ONGC’s long hunt for another Bombay High
Ø HDFC rides the coat tails of the real estate recovery
Ø Coal India’s volume growth offers hope, but sustainability holds key
Ø Varun Beverages set to gain from robust growth outlook
Ø HDFC Life’s buyout of Exide Life is promising beyond near-term pinch
Ø Oil India’s efforts to pare debt help boost investor sentiment
Ø Chip Shortage drives tech companies and car makers closer
Ø Zomato shelves Consumer E-Grocery plans
Ø PNB appoints Rekha Jain as shareholder director, Asha Bhandarker steps down
Ø India's Space-tech startups steering a rough ride
Ø Moody's revises JSW Steel's Outlook to positive from stable
🇮🇳Business News Headlines
Economic Times
Ø ZEE Investor seeks Board recast; demands removal of MD Punit Goenka
Ø OPEC sees Delta variant weighing on oil demand before 2022 Growth
Ø Retail inflation eases further to 5.3% in August
Ø Jet Airways to resume operations in the first quarter of 2022
Ø CIL might hike coal prices by 10-11% to tide over cost push, wage revision
Ø NSE-BSE bulk deals: Hindustan Times buys stake in Dish TV India
Ø Maharashtra govt expects 5.6% increase in sugar production in 2021-22
Ø Vaccination is the medicine to boost economy: Nirmala Sitharaman
Ø Indian IT struggles to get experienced hands amid tech boom
Ø Unitholders of Franklin’s six shut debt schemes to get Rs 2,918 crore
Ø Vedanta Resources reduced net debt by $300 million in H1 of FY 22
Business Standard
Ø Banks call on Government to ease pressure on debt-laden Vodafone Idea
Ø Infosys, Microsoft ink multi-year deal with power distributor Ausgrid
Ø Budget carrier IndiGo to start 38 domestic flights in September
Ø DMart forays into Haryana, opens 94,000 sq ft store in Faridabad
Ø Sun Pharma stock expected to keep market lead as firm recovers in US
Ø Adani Transmission, Max Financials, Laurus Labs to gain from FTSE rejig
Ø India Inc sees 219 deals worth $8.4 bn in August, record volumes since 2005
Ø Textile PLI scheme: 35 companies line up Rs 10,000-crore investment
Ø Despite chip shortage, automakers expect better festive season
Ø Moody's assigns B1(hyb) rating to Axis Bank's proposed AT-I capital bonds
Ø 'Policy support, fundraise may give VIL relief but sizable hike must'
Financial Express
Ø Oil & Gas: Operating environment has got better
Ø Securitisation volumes to jump 50 pc to Rs 1.3 lakh cr in FY22: Report
Ø Snapdeal assessing IPO route: Sources
Ø India’s inclusion in global bond index to attract $170-250 bn inflows; stock markets may also benefit
Ø High shipping costs: Scheme to aid farm exporters back & fortified
Ø Ami Organics IPO subscribed 64.54 times on closing day
Ø Godrej Consumer Products expects double-digit growth in FY'22
Ø CNG price may rise 10-11% in October
Ø Financial bids for BPCL after September
Ø NTPC Darlipali Thermal Power Station's Unit 2 to start commercial operation from Sep 1
Ø PSU fund-raising drives corporate bond issuances in August
Mint
Ø BPCL formulating export strategy for petroleum products
Ø Yes Bank wants resolution on board revamp at Dish TV AGM
Ø Drop in retail inflation is a comfort but some spoilers lie ahead
Ø Volume growth, deleveraging to boost JSW Steel’s earnings
Ø Varun Beverages set to gain from robust growth outlook
Ø HUL’s vision is good but valuations may cap stock’s near-term upsides
Ø Oil India’s efforts to pare debt help boost investor sentiment
Ø Chip shortage drives tech companies and car makers closer
Ø Zomato shelves consumer e-grocery plans
Ø PNB appoints Rekha Jain as Shareholder director, Asha Bhandarker steps down
Ø India's Space-tech Startups steering a rough ride
Ø Freshworks plans $912 Mn IPO at nearly $9 Bn valuation
Economic Times
Ø ZEE Investor seeks Board recast; demands removal of MD Punit Goenka
Ø OPEC sees Delta variant weighing on oil demand before 2022 Growth
Ø Retail inflation eases further to 5.3% in August
Ø Jet Airways to resume operations in the first quarter of 2022
Ø CIL might hike coal prices by 10-11% to tide over cost push, wage revision
Ø NSE-BSE bulk deals: Hindustan Times buys stake in Dish TV India
Ø Maharashtra govt expects 5.6% increase in sugar production in 2021-22
Ø Vaccination is the medicine to boost economy: Nirmala Sitharaman
Ø Indian IT struggles to get experienced hands amid tech boom
Ø Unitholders of Franklin’s six shut debt schemes to get Rs 2,918 crore
Ø Vedanta Resources reduced net debt by $300 million in H1 of FY 22
Business Standard
Ø Banks call on Government to ease pressure on debt-laden Vodafone Idea
Ø Infosys, Microsoft ink multi-year deal with power distributor Ausgrid
Ø Budget carrier IndiGo to start 38 domestic flights in September
Ø DMart forays into Haryana, opens 94,000 sq ft store in Faridabad
Ø Sun Pharma stock expected to keep market lead as firm recovers in US
Ø Adani Transmission, Max Financials, Laurus Labs to gain from FTSE rejig
Ø India Inc sees 219 deals worth $8.4 bn in August, record volumes since 2005
Ø Textile PLI scheme: 35 companies line up Rs 10,000-crore investment
Ø Despite chip shortage, automakers expect better festive season
Ø Moody's assigns B1(hyb) rating to Axis Bank's proposed AT-I capital bonds
Ø 'Policy support, fundraise may give VIL relief but sizable hike must'
Financial Express
Ø Oil & Gas: Operating environment has got better
Ø Securitisation volumes to jump 50 pc to Rs 1.3 lakh cr in FY22: Report
Ø Snapdeal assessing IPO route: Sources
Ø India’s inclusion in global bond index to attract $170-250 bn inflows; stock markets may also benefit
Ø High shipping costs: Scheme to aid farm exporters back & fortified
Ø Ami Organics IPO subscribed 64.54 times on closing day
Ø Godrej Consumer Products expects double-digit growth in FY'22
Ø CNG price may rise 10-11% in October
Ø Financial bids for BPCL after September
Ø NTPC Darlipali Thermal Power Station's Unit 2 to start commercial operation from Sep 1
Ø PSU fund-raising drives corporate bond issuances in August
Mint
Ø BPCL formulating export strategy for petroleum products
Ø Yes Bank wants resolution on board revamp at Dish TV AGM
Ø Drop in retail inflation is a comfort but some spoilers lie ahead
Ø Volume growth, deleveraging to boost JSW Steel’s earnings
Ø Varun Beverages set to gain from robust growth outlook
Ø HUL’s vision is good but valuations may cap stock’s near-term upsides
Ø Oil India’s efforts to pare debt help boost investor sentiment
Ø Chip shortage drives tech companies and car makers closer
Ø Zomato shelves consumer e-grocery plans
Ø PNB appoints Rekha Jain as Shareholder director, Asha Bhandarker steps down
Ø India's Space-tech Startups steering a rough ride
Ø Freshworks plans $912 Mn IPO at nearly $9 Bn valuation
🇮🇳Business News Headlines
Economic Times
Ø HCL Tech bags multi-year deal from Biotech firm Genmab
Ø JSPL’s Australian arm restarts operations at its Russell Vale mine
Ø Jet Airways defers fresh take-off plans for the fourth time
Ø Sebi proposes to revise settlement rules
Ø Sanse Engineering IPO sees 53% bid on Day 1
Ø India's August Merchandise Exports up 46% year-on-year: Govt
Ø GST Council may consider folding fuel sales into its regime
Ø Srei Infra CEO Rakesh Bhutoria resigns
Ø Cabinet may approve revised PLI Scheme for auto sector on Wednesday
Ø CarTrade launches one-stop services platform to buy, sell pre-owned cars
Ø ZEEL aims to enhance Profitability under ZEE 4.0: Punit Goenka
Business Standard
Ø Zee Entertainment AGM skips discussions on Invesco board removal plans
Ø HCL, HANCOM collaborate to share advanced software technology solutions
Ø Cabinet may consider relief package for telecom sector on Wednesday
Ø Resolution of 2 lending biz to cut 50% Reliance Capital debt: Anil Ambani
Ø HAL, Rolls-Royce sign pact for Make-in-India Adour engine parts
Ø Adani Transmission, Max Financials, Laurus Labs to gain from FTSE rejig
Ø India Inc sees 219 deals worth $8.4 bn in August, record volumes since 2005
Ø Tata Steel, JSW Steel betting big on tinplate
Ø Despite chip shortage, automakers expect better festive season
Ø Moody's assigns B1(hyb) rating to Axis Bank's proposed AT-I capital bonds
Ø India needs $8 trn in greenfield assets to become $5 trn economy: Deloitte
Financial Express
Ø Govt extends pulses import window till December 31
Ø IPO-bound OYO to become public limited company
Ø Infosys completes buyback of 5.58 crore shares worth Rs 9,200 crore
Ø Oil & Gas: High gas/LNG prices to help ONGC, OIL & GAIL
Ø High shipping costs: Scheme to aid farm exporters back & fortified
Ø Ami Organics IPO subscribed 64.54 times on closing day
Ø Godrej Consumer Products expects double-digit growth in FY'22
Ø CNG price may rise 10-11% in October
Ø Financial bids for BPCL after September
Ø NTPC Darlipali Thermal Power Station's Unit 2 to start commercial operation from Sep 1
Ø Edible oil import duty relief not fully passed on to consumers
Mint
Ø Softer tea prices to comfort Tata Consumer’s margins
Ø Yes Bank wants resolution on board revamp at Dish TV AGM
Ø Drop in retail inflation is a comfort but some spoilers lie ahead
Ø Volume growth, deleveraging to boost JSW Steel’s earnings
Ø Varun Beverages set to gain from robust growth outlook
Ø HUL’s vision is good but valuations may cap stock’s near-term upsides
Ø Oil India’s efforts to pare debt help boost investor sentiment
Ø Chip shortage drives tech companies and car makers closer
Ø Reliance Infra to use ₹7,100 cr from DMRC arbitral award to repay debt'
Ø PNB appoints Rekha Jain as shareholder director, Asha Bhandarker steps down
Ø India's space-tech startups steering a rough ride
Ø Yes Bank, 6 others pay Sebi ₹1.65 cr to settle unfair trade case
Ø HUL moves to recyclable bottles for Surf Excel Matic Liquid
Economic Times
Ø HCL Tech bags multi-year deal from Biotech firm Genmab
Ø JSPL’s Australian arm restarts operations at its Russell Vale mine
Ø Jet Airways defers fresh take-off plans for the fourth time
Ø Sebi proposes to revise settlement rules
Ø Sanse Engineering IPO sees 53% bid on Day 1
Ø India's August Merchandise Exports up 46% year-on-year: Govt
Ø GST Council may consider folding fuel sales into its regime
Ø Srei Infra CEO Rakesh Bhutoria resigns
Ø Cabinet may approve revised PLI Scheme for auto sector on Wednesday
Ø CarTrade launches one-stop services platform to buy, sell pre-owned cars
Ø ZEEL aims to enhance Profitability under ZEE 4.0: Punit Goenka
Business Standard
Ø Zee Entertainment AGM skips discussions on Invesco board removal plans
Ø HCL, HANCOM collaborate to share advanced software technology solutions
Ø Cabinet may consider relief package for telecom sector on Wednesday
Ø Resolution of 2 lending biz to cut 50% Reliance Capital debt: Anil Ambani
Ø HAL, Rolls-Royce sign pact for Make-in-India Adour engine parts
Ø Adani Transmission, Max Financials, Laurus Labs to gain from FTSE rejig
Ø India Inc sees 219 deals worth $8.4 bn in August, record volumes since 2005
Ø Tata Steel, JSW Steel betting big on tinplate
Ø Despite chip shortage, automakers expect better festive season
Ø Moody's assigns B1(hyb) rating to Axis Bank's proposed AT-I capital bonds
Ø India needs $8 trn in greenfield assets to become $5 trn economy: Deloitte
Financial Express
Ø Govt extends pulses import window till December 31
Ø IPO-bound OYO to become public limited company
Ø Infosys completes buyback of 5.58 crore shares worth Rs 9,200 crore
Ø Oil & Gas: High gas/LNG prices to help ONGC, OIL & GAIL
Ø High shipping costs: Scheme to aid farm exporters back & fortified
Ø Ami Organics IPO subscribed 64.54 times on closing day
Ø Godrej Consumer Products expects double-digit growth in FY'22
Ø CNG price may rise 10-11% in October
Ø Financial bids for BPCL after September
Ø NTPC Darlipali Thermal Power Station's Unit 2 to start commercial operation from Sep 1
Ø Edible oil import duty relief not fully passed on to consumers
Mint
Ø Softer tea prices to comfort Tata Consumer’s margins
Ø Yes Bank wants resolution on board revamp at Dish TV AGM
Ø Drop in retail inflation is a comfort but some spoilers lie ahead
Ø Volume growth, deleveraging to boost JSW Steel’s earnings
Ø Varun Beverages set to gain from robust growth outlook
Ø HUL’s vision is good but valuations may cap stock’s near-term upsides
Ø Oil India’s efforts to pare debt help boost investor sentiment
Ø Chip shortage drives tech companies and car makers closer
Ø Reliance Infra to use ₹7,100 cr from DMRC arbitral award to repay debt'
Ø PNB appoints Rekha Jain as shareholder director, Asha Bhandarker steps down
Ø India's space-tech startups steering a rough ride
Ø Yes Bank, 6 others pay Sebi ₹1.65 cr to settle unfair trade case
Ø HUL moves to recyclable bottles for Surf Excel Matic Liquid
Stress_Free_Investments, From my First Live Recommendations to Till Now.
Those who are still holding be with it for Very Long term and only redeem when your goals are near.
Those who enter for the first time in the market can book only profits and leave the principal amount(For Learning) with your investments.
Those who exit and make more than this in their investments can continue with their investment strategies. Those who missed or made losses for quick money can learn from his/her mistakes.
If you are learning in the market then your losses are your greatest asset.
Happy Learning & Investments ~Learning Mirror
Those who are still holding be with it for Very Long term and only redeem when your goals are near.
Those who enter for the first time in the market can book only profits and leave the principal amount(For Learning) with your investments.
Those who exit and make more than this in their investments can continue with their investment strategies. Those who missed or made losses for quick money can learn from his/her mistakes.
If you are learning in the market then your losses are your greatest asset.
Happy Learning & Investments ~Learning Mirror
🇮🇳Business News Headlines
Economic Times
Ø Govt clears Telecom Relief package; offers option to convert part of statutory dues into equity
Ø Shree Cement to invest Rs 4,750 Cr in Rajasthan
Ø Tata Motors’ PV Business turnaround impresses Shapoorji Pallonji Group
Ø NSE-BSE bulk deals: Stitching Depositary, American Funds buys units in Embassy REIT
Ø Blackstone sells 6% Stake in Embassy Office Parks REIT, raises over Rs 2,020 Crore
Ø India seeks $109 Bn valuation in LIC’s mega IPO
Ø Truecaller plans to list on Nasdaq Stockholm
Ø Srei Infra CEO Rakesh Bhutoria resigns
Ø Sansera Engineering IPO fully subscribed on Day 2
Ø CarTrade launches one-stop services platform to buy, sell pre-owned cars
Ø JSW Steel obtains five-times higher bids for $1 bn offshore bond sales
Business Standard
Ø Telecom reforms usher in new era for India's digital ambitions: Telcos
Ø Tatas, SpiceJet's Ajay Singh submit financial bids to acquire Air India
Ø Adani Transmission to invest Rs 1,200 cr in MP to strengthen power system
Ø 5G spectrum auction most probably in February 2022: Telecom minister
Ø Improved volumes, margins point to strong FY22 for Concor
Ø Axis board gives approval to reclassify Oriental Co as public shareholder
Ø Fitch upgrades outlook on Shriram Transport from 'negative' to 'stable'
Ø Tata Steel, JSW Steel betting big on tinplate
Ø Despite chip shortage, automakers expect better festive season
Ø 'PLI for auto aims to ramp up new technologies in the sector'
Ø India needs $8 trn in greenfield assets to become $5 trn economy: Deloitte
Financial Express
Ø SC says no power to condone delay in NSEL appeal
Ø IPO-bound OYO to become public limited company
Ø Infosys completes buyback of 5.58 crore shares worth Rs 9,200 crore
Ø Maharashtra to start sugar crushing season on Oct 15
Ø Edible oil import duty relief not fully passed on to consumers
Ø Ami Organics IPO subscribed 64.54 times on closing day
Ø Godrej Consumer Products expects double-digit growth in FY'22
Ø CNG price may rise 10-11% in October
Ø Financial bids for BPCL after September
Ø NTPC Darlipali Thermal Power Station's Unit 2 to start commercial operation from Sep 1
Ø Edible oil import duty relief not fully passed on to consumers
Mint
Ø AUM Growth so far may put a shine on fund houses’ earnings
Ø Yes Bank wants resolution on board revamp at Dish TV AGM
Ø Drop in retail inflation is a comfort but some spoilers lie ahead
Ø Volume growth, deleveraging to boost JSW Steel’s earnings
Ø Varun Beverages set to gain from robust growth outlook
Ø HUL’s vision is good but valuations may cap stock’s near-term upsides
Ø Oil India’s efforts to pare debt help boost investor sentiment
Ø Chip Shortage drives tech companies and car makers closer
Ø Reliance Infra to use ₹7,100 Cr from DMRC arbitral award to repay debt'
Ø Sebi confirms directions passed against 6 Entities in Infosys insider trading case
Ø India's space-tech Startups steering a rough ride
Ø Govt to sell up to 10% Stake in Hindustan Copper via OFS
Ø Rising demand, Green plans power shares of JSW Energy
Economic Times
Ø Govt clears Telecom Relief package; offers option to convert part of statutory dues into equity
Ø Shree Cement to invest Rs 4,750 Cr in Rajasthan
Ø Tata Motors’ PV Business turnaround impresses Shapoorji Pallonji Group
Ø NSE-BSE bulk deals: Stitching Depositary, American Funds buys units in Embassy REIT
Ø Blackstone sells 6% Stake in Embassy Office Parks REIT, raises over Rs 2,020 Crore
Ø India seeks $109 Bn valuation in LIC’s mega IPO
Ø Truecaller plans to list on Nasdaq Stockholm
Ø Srei Infra CEO Rakesh Bhutoria resigns
Ø Sansera Engineering IPO fully subscribed on Day 2
Ø CarTrade launches one-stop services platform to buy, sell pre-owned cars
Ø JSW Steel obtains five-times higher bids for $1 bn offshore bond sales
Business Standard
Ø Telecom reforms usher in new era for India's digital ambitions: Telcos
Ø Tatas, SpiceJet's Ajay Singh submit financial bids to acquire Air India
Ø Adani Transmission to invest Rs 1,200 cr in MP to strengthen power system
Ø 5G spectrum auction most probably in February 2022: Telecom minister
Ø Improved volumes, margins point to strong FY22 for Concor
Ø Axis board gives approval to reclassify Oriental Co as public shareholder
Ø Fitch upgrades outlook on Shriram Transport from 'negative' to 'stable'
Ø Tata Steel, JSW Steel betting big on tinplate
Ø Despite chip shortage, automakers expect better festive season
Ø 'PLI for auto aims to ramp up new technologies in the sector'
Ø India needs $8 trn in greenfield assets to become $5 trn economy: Deloitte
Financial Express
Ø SC says no power to condone delay in NSEL appeal
Ø IPO-bound OYO to become public limited company
Ø Infosys completes buyback of 5.58 crore shares worth Rs 9,200 crore
Ø Maharashtra to start sugar crushing season on Oct 15
Ø Edible oil import duty relief not fully passed on to consumers
Ø Ami Organics IPO subscribed 64.54 times on closing day
Ø Godrej Consumer Products expects double-digit growth in FY'22
Ø CNG price may rise 10-11% in October
Ø Financial bids for BPCL after September
Ø NTPC Darlipali Thermal Power Station's Unit 2 to start commercial operation from Sep 1
Ø Edible oil import duty relief not fully passed on to consumers
Mint
Ø AUM Growth so far may put a shine on fund houses’ earnings
Ø Yes Bank wants resolution on board revamp at Dish TV AGM
Ø Drop in retail inflation is a comfort but some spoilers lie ahead
Ø Volume growth, deleveraging to boost JSW Steel’s earnings
Ø Varun Beverages set to gain from robust growth outlook
Ø HUL’s vision is good but valuations may cap stock’s near-term upsides
Ø Oil India’s efforts to pare debt help boost investor sentiment
Ø Chip Shortage drives tech companies and car makers closer
Ø Reliance Infra to use ₹7,100 Cr from DMRC arbitral award to repay debt'
Ø Sebi confirms directions passed against 6 Entities in Infosys insider trading case
Ø India's space-tech Startups steering a rough ride
Ø Govt to sell up to 10% Stake in Hindustan Copper via OFS
Ø Rising demand, Green plans power shares of JSW Energy
Apply Sansera Engineering Limited IPO
For Long Term. Will update u details in Today Live.
For Long Term. Will update u details in Today Live.
🇮🇳Business News Headlines
Economic Times
Ø Biocon Biologics to offer 15% stake to Serum Institute Life Sciences
Ø JM Financial's subsidiary to raise up to Rs 500 Crore
Ø Sebi mulls carving out separate AIF category to buy distressed loans from banks
Ø Govt revenue from telecom in FY22 likely at Rs 28,000 Cr vs Rs 54,000 Cr budgeted: ICRA
Ø Ola Electric sells S1 Scooters worth over Rs 600 Crore in just one day, 4 units every second
Ø TVS Motor enters Europe's e-bike market, acquires Swiss company EGO Movement
Ø SBI cuts home loan interest rate to 6.7%, waives processing fees
Ø IPO-bound Pine Labs raises $100 Million from US Investment fund
Ø Ayu Health gets $6.3-million funding from Vertex, Stellaris and others
Ø Atomberg Technologies raises undisclosed sum from Ka Enterprises
Business Standard
Ø Bharti Airtel chairman Sunil Mittal dials Voda, Jio to strike synergy note
Ø Govt backs NARCL with Rs 30,600-Crore Guarantee for five years
Ø Moratorium under IBC applies only to corporate debtor not to promoters: SC
Ø Yatra Online evaluates additional listing of Indian arm on Indian Bourses
Ø JSW Steel raises $1 Billion via bonds issuance in overseas market
Ø Byju's continues Acquisition spree, buys US-based coding startup Tynker
Ø Power Finance Corp issues maiden Euro Green Bond, aims to mop up £300 Mn
Ø NITI Aayog for building 500 'healthy cities' to fight Covid-like Crisis
Ø Domestic Air Traffic in August jumps 34% sequentially, says DGCA
Ø Inflation is moderating faster than foreseen, proves MPC's call right: RBI
Ø Paras Defence's Rs 171 Cr IPO opens Sept 21, Price band Rs 165-175
Ø Growth-oriented tech cos' IPOs worth Rs 30,000 Cr in pipeline: Sebi chief
Financial Express
Ø Gold Jewellery retailers’ revenue likely to grow 12-14pc: Crisil
Ø NCLT approves amalgamation of Lincoln Parenteral & Lincoln Pharmaceuticals
Ø Sunteck Realty eyes Rs 9,000 Crore revenue in 7-8 years from new township project
Ø 52 Companies apply with Rs 6,000-Crore investment proposals for PLI scheme for AC, LED lights
Ø India’s coal-fired power output falls 1.5%, renewables jump in September
Ø BHEL commissions India’s largest floating solar plant in Andhra Pradesh
Ø Bidgely raises $26 mn from Moore Strategic Ventures, others
Ø RBI remains net purchaser of US dollar in July; buys USD 7.205 bn
Ø Issuance of commercial papers rises 47.8% year-on-year between April & August
Mint
Ø LOGOS leases warehousing centre to Amazon in $100 Million rental deal
Ø US to share nuclear submarine technology with Australia in new pact
Ø US jobless claims remained near pandemic low last week
Ø Kotak group acquires vehicle loan business of Volkswagen Finance
Ø Dassault Systèmes, NITI Aayog partner to boost innovations
Ø T+1 Settlement system is in interest of market participants: Sebi Chief
Ø White Oak Capital group gets Sebi nod to become sponsor of YES Mutual Fund
Ø D2C Online brand Flatheads raises $1 Million in pre-Series A round.
Economic Times
Ø Biocon Biologics to offer 15% stake to Serum Institute Life Sciences
Ø JM Financial's subsidiary to raise up to Rs 500 Crore
Ø Sebi mulls carving out separate AIF category to buy distressed loans from banks
Ø Govt revenue from telecom in FY22 likely at Rs 28,000 Cr vs Rs 54,000 Cr budgeted: ICRA
Ø Ola Electric sells S1 Scooters worth over Rs 600 Crore in just one day, 4 units every second
Ø TVS Motor enters Europe's e-bike market, acquires Swiss company EGO Movement
Ø SBI cuts home loan interest rate to 6.7%, waives processing fees
Ø IPO-bound Pine Labs raises $100 Million from US Investment fund
Ø Ayu Health gets $6.3-million funding from Vertex, Stellaris and others
Ø Atomberg Technologies raises undisclosed sum from Ka Enterprises
Business Standard
Ø Bharti Airtel chairman Sunil Mittal dials Voda, Jio to strike synergy note
Ø Govt backs NARCL with Rs 30,600-Crore Guarantee for five years
Ø Moratorium under IBC applies only to corporate debtor not to promoters: SC
Ø Yatra Online evaluates additional listing of Indian arm on Indian Bourses
Ø JSW Steel raises $1 Billion via bonds issuance in overseas market
Ø Byju's continues Acquisition spree, buys US-based coding startup Tynker
Ø Power Finance Corp issues maiden Euro Green Bond, aims to mop up £300 Mn
Ø NITI Aayog for building 500 'healthy cities' to fight Covid-like Crisis
Ø Domestic Air Traffic in August jumps 34% sequentially, says DGCA
Ø Inflation is moderating faster than foreseen, proves MPC's call right: RBI
Ø Paras Defence's Rs 171 Cr IPO opens Sept 21, Price band Rs 165-175
Ø Growth-oriented tech cos' IPOs worth Rs 30,000 Cr in pipeline: Sebi chief
Financial Express
Ø Gold Jewellery retailers’ revenue likely to grow 12-14pc: Crisil
Ø NCLT approves amalgamation of Lincoln Parenteral & Lincoln Pharmaceuticals
Ø Sunteck Realty eyes Rs 9,000 Crore revenue in 7-8 years from new township project
Ø 52 Companies apply with Rs 6,000-Crore investment proposals for PLI scheme for AC, LED lights
Ø India’s coal-fired power output falls 1.5%, renewables jump in September
Ø BHEL commissions India’s largest floating solar plant in Andhra Pradesh
Ø Bidgely raises $26 mn from Moore Strategic Ventures, others
Ø RBI remains net purchaser of US dollar in July; buys USD 7.205 bn
Ø Issuance of commercial papers rises 47.8% year-on-year between April & August
Mint
Ø LOGOS leases warehousing centre to Amazon in $100 Million rental deal
Ø US to share nuclear submarine technology with Australia in new pact
Ø US jobless claims remained near pandemic low last week
Ø Kotak group acquires vehicle loan business of Volkswagen Finance
Ø Dassault Systèmes, NITI Aayog partner to boost innovations
Ø T+1 Settlement system is in interest of market participants: Sebi Chief
Ø White Oak Capital group gets Sebi nod to become sponsor of YES Mutual Fund
Ø D2C Online brand Flatheads raises $1 Million in pre-Series A round.
🇮🇳Business News Headlines
Economic Times
Ø KEC International buys Gujarat company for Oil & Gas Projects
Ø Airtel commits to big cut in emissions by 2030-31
Ø SpiceJet gets shareholders’ nod to transfer cargo and logistics biz to subsidiary
Ø At Rs 3,750 crore, Reliance Industries to spend 25% more on JioPhone subsidy
Ø NSE-BSE bulk deals: CA Rover Holdings sells stake in SBI Cards
Ø Kotak buys 9.9% in KFin Technologies for Rs 310 crore
Ø IPO-bound Paytm employees add 5.45 lakh more shares for monetisation
Ø Paras Defence IPO subscribed 16.6 times on day 1
Ø Our IPO will provide bountiful rewards to employees: MobiKwik
Ø Shift to T+1 settlement cycle won’t impact India’s appeal to FPIs: Sriram Krishnan
Ø Kharif foodgrain output estimated at a record 150.50 million tonne this year, says Centre
Business Standard
Ø Adani takes on Mukesh Ambani, to invest $20 bn in renewable energy
Ø India plan for tighter e-commerce rules faces internal govt dissent: Report
Ø Street finds comfort in hospitality stocks on hopes of recovery in biz
Ø Tata Motors to hike commercial vehicle prices by around 2% from Oct 1
Ø State Bank of India prepared to support Tata group's bid for Air India
Ø Pharma companies lead topline growth in Q1FY22: ICICI Direct Research
Ø Godrej Consumer eyes double-digit growth in FY22, expansion across sections
Ø Tata Steel, JSW Steel betting big on tinplate
Ø Despite chip shortage, automakers expect better festive season
Ø FMCG major Emami aims decent margin in FY22 despite hike in input cost
Ø Adani takes on Mukesh Ambani, to invest $20 bn in renewable energy
Financial Express
Ø Govt clears sugar export subsidy worth Rs 1,800 crore so far this season
Ø Lenders seek fresh bids for Videocon
Ø VIL promoters likely to infuse equity
Ø ITC Rating: Buy – Status quo on tax is a positive for firm
Ø JSW Steel raises USD 1 bln through bonds issuance in overseas market
Ø Ami Organics IPO subscribed 64.54 times on closing day
Ø Godrej Consumer Products expects double-digit growth in FY'22
Ø CNG price may rise 10-11% in October
Ø Financial bids for BPCL after September
Ø Shorter settlement cycle is in interest of all market participants: Sebi chief
Ø Reforms in pipeline to deepen bond market: SEBI chief
Mint
Ø Vodafone Idea may get a surprise cash infusion
Ø Bad bank is here but don't expect a miracle on recoveries
Ø Drop in retail inflation is a comfort but some spoilers lie ahead
Ø Volume growth, deleveraging to boost JSW Steel’s earnings
Ø Varun Beverages set to gain from robust growth outlook
Ø HUL’s vision is good but valuations may cap stock’s near-term upsides
Ø Oil India’s efforts to pare debt help boost investor sentiment
Ø Chip shortage drives tech companies and car makers closer
Ø Reliance Infra to use ₹7,100 cr from DMRC arbitral award to repay debt'
Ø PNB appoints Rekha Jain as shareholder director, Asha Bhandarker steps down
Ø India's space-tech startups steering a rough ride
Ø Yes Bank, 6 others pay Sebi ₹1.65 cr to settle unfair trade case
Ø RIL in talks with China’s Hualu to make key component of solar panels
Economic Times
Ø KEC International buys Gujarat company for Oil & Gas Projects
Ø Airtel commits to big cut in emissions by 2030-31
Ø SpiceJet gets shareholders’ nod to transfer cargo and logistics biz to subsidiary
Ø At Rs 3,750 crore, Reliance Industries to spend 25% more on JioPhone subsidy
Ø NSE-BSE bulk deals: CA Rover Holdings sells stake in SBI Cards
Ø Kotak buys 9.9% in KFin Technologies for Rs 310 crore
Ø IPO-bound Paytm employees add 5.45 lakh more shares for monetisation
Ø Paras Defence IPO subscribed 16.6 times on day 1
Ø Our IPO will provide bountiful rewards to employees: MobiKwik
Ø Shift to T+1 settlement cycle won’t impact India’s appeal to FPIs: Sriram Krishnan
Ø Kharif foodgrain output estimated at a record 150.50 million tonne this year, says Centre
Business Standard
Ø Adani takes on Mukesh Ambani, to invest $20 bn in renewable energy
Ø India plan for tighter e-commerce rules faces internal govt dissent: Report
Ø Street finds comfort in hospitality stocks on hopes of recovery in biz
Ø Tata Motors to hike commercial vehicle prices by around 2% from Oct 1
Ø State Bank of India prepared to support Tata group's bid for Air India
Ø Pharma companies lead topline growth in Q1FY22: ICICI Direct Research
Ø Godrej Consumer eyes double-digit growth in FY22, expansion across sections
Ø Tata Steel, JSW Steel betting big on tinplate
Ø Despite chip shortage, automakers expect better festive season
Ø FMCG major Emami aims decent margin in FY22 despite hike in input cost
Ø Adani takes on Mukesh Ambani, to invest $20 bn in renewable energy
Financial Express
Ø Govt clears sugar export subsidy worth Rs 1,800 crore so far this season
Ø Lenders seek fresh bids for Videocon
Ø VIL promoters likely to infuse equity
Ø ITC Rating: Buy – Status quo on tax is a positive for firm
Ø JSW Steel raises USD 1 bln through bonds issuance in overseas market
Ø Ami Organics IPO subscribed 64.54 times on closing day
Ø Godrej Consumer Products expects double-digit growth in FY'22
Ø CNG price may rise 10-11% in October
Ø Financial bids for BPCL after September
Ø Shorter settlement cycle is in interest of all market participants: Sebi chief
Ø Reforms in pipeline to deepen bond market: SEBI chief
Mint
Ø Vodafone Idea may get a surprise cash infusion
Ø Bad bank is here but don't expect a miracle on recoveries
Ø Drop in retail inflation is a comfort but some spoilers lie ahead
Ø Volume growth, deleveraging to boost JSW Steel’s earnings
Ø Varun Beverages set to gain from robust growth outlook
Ø HUL’s vision is good but valuations may cap stock’s near-term upsides
Ø Oil India’s efforts to pare debt help boost investor sentiment
Ø Chip shortage drives tech companies and car makers closer
Ø Reliance Infra to use ₹7,100 cr from DMRC arbitral award to repay debt'
Ø PNB appoints Rekha Jain as shareholder director, Asha Bhandarker steps down
Ø India's space-tech startups steering a rough ride
Ø Yes Bank, 6 others pay Sebi ₹1.65 cr to settle unfair trade case
Ø RIL in talks with China’s Hualu to make key component of solar panels