🇮🇳Business News Headlines
Economic Times
Ø Reliance New Energy Solar buys REC Solar Holdings for $771 Mn
Ø Air India sale: Govt to issue LoI to Tata Group on Monday
Ø Macrotech Developers sells Rs 3,000 Cr worth Properties in Apr-Sep; aims Rs 6,000 Cr sales in H2
Ø After Air India, Govt set to sell Alliance Air
Ø Ascent Capital-backed Radiant Cash Management Services files IPO papers
Ø India accounts for nearly 3% of global IPO proceeds worth $330.6 Bn in Jan-Sep
Ø Centre imposes stock limits on edible oils to soften prices in domestic market
Ø Govt initiates process for filling posts of independent directors in PSBs, FIs
Ø RBI imposes Rs 2 crore penalty on RBL Bank
Ø Bank of India raises Rs 1,800 cr via Basel-III-compliant bonds
Ø Tatas likely to raise up to Rs 15,000 crore in loans to support Air India purchase
Business Standard
Ø RIL to buy 40% stake in Sterling & Wilson Solar for Rs 2,850 Crore
Ø Reliance buys Norway's REC Solar Holdings from China's Bluestar for $771 mn
Ø EY burnishes its credentials with successful Air India sale to Tatas
Ø RBI keeps rates on hold to support recovery, 'sail towards normal times'
Ø Coal's problems are governance, not climate regulation
Ø Govt issues guidelines for optimum utilisation of power generation capacity
Ø Sebi asks exchanges, clearing corporations to display complaints on website
Ø Icra revises up India's fiscal 2022 GDP growth forecast to 9%
Ø Tesla car to be affordable in India, will cost Rs 35 lakh, says Gadkari
Ø NCLT asks Zee Entertainment to file reply to Invesco plea by October 22
Financial Express
Ø FPIs remain bullish on India, invest Rs 1,997 crore so far in October
Ø Sebi bars NCDEX from launching new mustard seed contracts
Ø CERC-Sebi dispute: Supreme Court decision paves way for power futures
Ø Sebi tweaks norms for REITs, InvITs on exit option for dissenting unit holders
Ø Bond yields rise on sharp increase in oil prices
Ø Reliance acquires Norway's REC Solar, 40% in Sterling & Wilson Solar for Rs 8,645crore
Ø SEBI bans Infosys employee from stock markets on insider trading charges, impounds Rs 2.6 crore
Ø GI tag for basmati rice: Nepal poses big threat to India, increase acreage
Ø Financial bids for BPCL after September
Ø Govt amends rules to allow 50% sale of coal from captive mines
Ø Real Estate: September numbers for Mumbai a positive
Mint
Ø The coal maker sitting pretty on tight supply and high prices
Ø Sebi proposes higher net worth for brokers to tackle possible risks
Ø Merger mania is only part of the solution for asset managers
Ø The Sony-Zee game plan for Indian Premier League
Ø Sugar makers are in a sweet spot, but cane prices can be a bugbear
Ø RBI push to independently set reverse repo rate draws flak
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 Cognizant’s Humphries struggles to build stable leadership
Ø Cognizant’s Humphries struggles to build stable leadership
Ø Tata Steel becomes 24th company to join Sea Cargo Charter to meet climate goals
Ø NCR's real estate nightmare is coming to an end
Economic Times
Ø Reliance New Energy Solar buys REC Solar Holdings for $771 Mn
Ø Air India sale: Govt to issue LoI to Tata Group on Monday
Ø Macrotech Developers sells Rs 3,000 Cr worth Properties in Apr-Sep; aims Rs 6,000 Cr sales in H2
Ø After Air India, Govt set to sell Alliance Air
Ø Ascent Capital-backed Radiant Cash Management Services files IPO papers
Ø India accounts for nearly 3% of global IPO proceeds worth $330.6 Bn in Jan-Sep
Ø Centre imposes stock limits on edible oils to soften prices in domestic market
Ø Govt initiates process for filling posts of independent directors in PSBs, FIs
Ø RBI imposes Rs 2 crore penalty on RBL Bank
Ø Bank of India raises Rs 1,800 cr via Basel-III-compliant bonds
Ø Tatas likely to raise up to Rs 15,000 crore in loans to support Air India purchase
Business Standard
Ø RIL to buy 40% stake in Sterling & Wilson Solar for Rs 2,850 Crore
Ø Reliance buys Norway's REC Solar Holdings from China's Bluestar for $771 mn
Ø EY burnishes its credentials with successful Air India sale to Tatas
Ø RBI keeps rates on hold to support recovery, 'sail towards normal times'
Ø Coal's problems are governance, not climate regulation
Ø Govt issues guidelines for optimum utilisation of power generation capacity
Ø Sebi asks exchanges, clearing corporations to display complaints on website
Ø Icra revises up India's fiscal 2022 GDP growth forecast to 9%
Ø Tesla car to be affordable in India, will cost Rs 35 lakh, says Gadkari
Ø NCLT asks Zee Entertainment to file reply to Invesco plea by October 22
Financial Express
Ø FPIs remain bullish on India, invest Rs 1,997 crore so far in October
Ø Sebi bars NCDEX from launching new mustard seed contracts
Ø CERC-Sebi dispute: Supreme Court decision paves way for power futures
Ø Sebi tweaks norms for REITs, InvITs on exit option for dissenting unit holders
Ø Bond yields rise on sharp increase in oil prices
Ø Reliance acquires Norway's REC Solar, 40% in Sterling & Wilson Solar for Rs 8,645crore
Ø SEBI bans Infosys employee from stock markets on insider trading charges, impounds Rs 2.6 crore
Ø GI tag for basmati rice: Nepal poses big threat to India, increase acreage
Ø Financial bids for BPCL after September
Ø Govt amends rules to allow 50% sale of coal from captive mines
Ø Real Estate: September numbers for Mumbai a positive
Mint
Ø The coal maker sitting pretty on tight supply and high prices
Ø Sebi proposes higher net worth for brokers to tackle possible risks
Ø Merger mania is only part of the solution for asset managers
Ø The Sony-Zee game plan for Indian Premier League
Ø Sugar makers are in a sweet spot, but cane prices can be a bugbear
Ø RBI push to independently set reverse repo rate draws flak
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 Cognizant’s Humphries struggles to build stable leadership
Ø Cognizant’s Humphries struggles to build stable leadership
Ø Tata Steel becomes 24th company to join Sea Cargo Charter to meet climate goals
Ø NCR's real estate nightmare is coming to an end
🇮🇳Business News Headlines
Economic Times
Ø Ultratech emerges as preferred bidder for limestone block in MP
Ø TCS to bid for AI digitisation, US contracts: COO
Ø Vi, Airtel have Rs 42,000 Crore locked in cases against Government
Ø Tata Sons to form advisory team to guide on Air India integration
Ø Govt eyes over Rs 30,000 cr via bond sale to repay Air India's dues
Ø Govt receives over Rs 2,593 Crore dividend from NTPC, PGCIL this fiscal
Ø Indian economy on path to swift recovery: Finance Ministry report
Ø Indian economy poised to attain double-digit growth in FY22: PHDCCI
Ø Power outages risk to growth, add to retail inflation: Nomura
Ø Bank of India raises Rs 1,800 Cr via Basel-III-compliant bonds
Ø Tatas likely to raise up to Rs 15,000 Crore in loans to support Air India purchase
Business Standard
Ø Semi-conductor crunch, high input costs to crimp Q2 show for auto sector
Ø Jhunjhunwala-backed Akasa Air gets no objection certificate from govt
Ø Zee-Sony merger deal not in interest of small shareholders: Invesco
Ø Tata Sons board meet on Tuesday to discuss Air India acquisition
Ø Ground-handling arm of Air India to be monetised first: DIPAM Secy
Ø Adani Ports to stop handling containers from Iran, Pak, Afghanistan
Ø Tata Motors reports 24% increase in group global wholesales in Q2
Ø RBI may hike rates in March qtr; coal and chip shortages a worry: Nomura
Ø Tesla car to be affordable in India, will cost Rs 35 Lakh, says Gadkari
Ø Recovery hopes, non-auto share are positives for Motherson Sumi
Financial Express
Ø Future Group firms convene shareholder, creditors meetings to seek approval for Reliance deal
Ø Bharti's OneWeb partners with ISRO for satellite launch in India; aims to enhance digital connectivity
Ø Coal ministry conducts pre-bid conference for auction of 11 mines
Ø Sebi tweaks norms for REITs, InvITs on exit option for dissenting unit holders
Ø Bond yields rise on sharp increase in oil prices
Ø Reliance acquires Norway's REC Solar, 40% in Sterling & Wilson Solar for Rs 8,645 Crore
Ø SEBI bans Infosys employee from stock markets on insider trading charges, impounds Rs 2.6 Crore
Ø GI tag for basmati rice: Nepal poses big threat to India, increase acreage
Ø Financial bids for BPCL after September
Ø Govt amends rules to allow 50% Sale of Coal from captive mines
Ø ABB Power Products gets shareholders' nod to rechristen company
Mint
Ø The coal maker sitting pretty on tight supply and high prices
Ø Sebi proposes higher net worth for brokers to tackle possible risks
Ø Merger mania is only part of the solution for asset managers
Ø The Sony-Zee game plan for Indian Premier League
Ø Sugar makers are in a sweet spot, but cane prices can be a bugbear
Ø RBI push to independently set reverse repo rate draws flak
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 Cognizant’s Humphries struggles to build stable leadership
Ø Cognizant’s Humphries struggles to build Stable leadership
Ø Tata Steel becomes 24th company to join Sea Cargo Charter to meet Climate goals
Ø NCR's Real Estate nightmare is coming to an end
Economic Times
Ø Ultratech emerges as preferred bidder for limestone block in MP
Ø TCS to bid for AI digitisation, US contracts: COO
Ø Vi, Airtel have Rs 42,000 Crore locked in cases against Government
Ø Tata Sons to form advisory team to guide on Air India integration
Ø Govt eyes over Rs 30,000 cr via bond sale to repay Air India's dues
Ø Govt receives over Rs 2,593 Crore dividend from NTPC, PGCIL this fiscal
Ø Indian economy on path to swift recovery: Finance Ministry report
Ø Indian economy poised to attain double-digit growth in FY22: PHDCCI
Ø Power outages risk to growth, add to retail inflation: Nomura
Ø Bank of India raises Rs 1,800 Cr via Basel-III-compliant bonds
Ø Tatas likely to raise up to Rs 15,000 Crore in loans to support Air India purchase
Business Standard
Ø Semi-conductor crunch, high input costs to crimp Q2 show for auto sector
Ø Jhunjhunwala-backed Akasa Air gets no objection certificate from govt
Ø Zee-Sony merger deal not in interest of small shareholders: Invesco
Ø Tata Sons board meet on Tuesday to discuss Air India acquisition
Ø Ground-handling arm of Air India to be monetised first: DIPAM Secy
Ø Adani Ports to stop handling containers from Iran, Pak, Afghanistan
Ø Tata Motors reports 24% increase in group global wholesales in Q2
Ø RBI may hike rates in March qtr; coal and chip shortages a worry: Nomura
Ø Tesla car to be affordable in India, will cost Rs 35 Lakh, says Gadkari
Ø Recovery hopes, non-auto share are positives for Motherson Sumi
Financial Express
Ø Future Group firms convene shareholder, creditors meetings to seek approval for Reliance deal
Ø Bharti's OneWeb partners with ISRO for satellite launch in India; aims to enhance digital connectivity
Ø Coal ministry conducts pre-bid conference for auction of 11 mines
Ø Sebi tweaks norms for REITs, InvITs on exit option for dissenting unit holders
Ø Bond yields rise on sharp increase in oil prices
Ø Reliance acquires Norway's REC Solar, 40% in Sterling & Wilson Solar for Rs 8,645 Crore
Ø SEBI bans Infosys employee from stock markets on insider trading charges, impounds Rs 2.6 Crore
Ø GI tag for basmati rice: Nepal poses big threat to India, increase acreage
Ø Financial bids for BPCL after September
Ø Govt amends rules to allow 50% Sale of Coal from captive mines
Ø ABB Power Products gets shareholders' nod to rechristen company
Mint
Ø The coal maker sitting pretty on tight supply and high prices
Ø Sebi proposes higher net worth for brokers to tackle possible risks
Ø Merger mania is only part of the solution for asset managers
Ø The Sony-Zee game plan for Indian Premier League
Ø Sugar makers are in a sweet spot, but cane prices can be a bugbear
Ø RBI push to independently set reverse repo rate draws flak
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 Cognizant’s Humphries struggles to build stable leadership
Ø Cognizant’s Humphries struggles to build Stable leadership
Ø Tata Steel becomes 24th company to join Sea Cargo Charter to meet Climate goals
Ø NCR's Real Estate nightmare is coming to an end
🇮🇳Business News Headlines
Economic Times
Ø Indian Economy is recovering from COVID-19 Crisis ; says World Bank President
Ø US inflation rises 5.4% from year ago, matching 13-year high
Ø Shriram Housing Fin gets Rs 300 Cr equity capital from parent firm
Ø NTPC in talks with banks to rescue ₹30,000 Crore debt-laden KSK Mahanadi Power
Ø Wipro Q2 Results: Consolidated profit up by 17% to Rs 2,930.6 Cr
Ø Global Debt jumps to a new high of $226 Trillion : IMF
Ø China exports up 28% in September; surplus with US at $42 Billion
Ø PayPal signs MoU with IIFT, launches India Digital Trade Facilitation Forum
Ø Infosys Q2 Net Profit jumps 11.8% YoY to Rs 5,421 Crore
Ø Insurtech startup GramCover raises $7 Million in a Series A round
Ø Melorra gets $24 Million funding from 9 Unicorns, others
Business Standard
Ø Gati Shakti to make Policymaking effective, cut needless expenses: PM Modi
Ø CIL arm Mahanadi Coalfields further raises daily coal despatch
Ø Mindtree second quarter net profit up by 57% to Rs 399 Crore
Ø Toch.ai raises $11.75 mn to scale up tech infra, expand into global markets
Ø Tata Group market cap surges $55bn since August to zoom past $300 bn
Ø Beauty and personal care co Plum to open 50 Offline stores in India by 2023
Ø InMobi to acquire London-based app ads performance tracker Appsumer
Ø Govt scraps basic Customs duty, cuts cess on crude palm, soy, sunflower oil
Ø India's October power supply deficit worst since March 2016
Financial Express
Ø Institutional investment in realty sector up 17 pc in July-Sep to USD 721 Mn; office saw 75 pc dip
Ø Route Mobile’s UAE arm to acquire stake in Kuwait-based Interteleco
Ø India looks at close to double digit growth this year: FM Nirmala Sitharaman
Ø Corporate Bond yields rise on uptick in government securities, withdrawal of G-SAP operations
Mint
Ø CarDekho is eyeing a Public listing in the next 18 Months : CEO Jain
Ø India-China trade on course to touch record $100 Billion-mark
Ø I-T Portal making steady progress, 1.9 Cr returns filed so far: Infosys CEO
Ø SuperQ signs MoU with IIT-Kharagpur to collaborate on Superconductor Research
Ø EU in talks to delay reforms for $61 trillion securities market
Ø India's Fuel Demand rises 5.2% in September
Ø Vested Finance ties up with SBM Bank for Forex transfers
Ø Piramal-Bain Capital fund IndiaRF invests ₹310 Crore in Primacy Industries
Ø Indian Bank, Fisdom tie up for Digital Gold, Pension Funds, Portfolio Management
Economic Times
Ø Indian Economy is recovering from COVID-19 Crisis ; says World Bank President
Ø US inflation rises 5.4% from year ago, matching 13-year high
Ø Shriram Housing Fin gets Rs 300 Cr equity capital from parent firm
Ø NTPC in talks with banks to rescue ₹30,000 Crore debt-laden KSK Mahanadi Power
Ø Wipro Q2 Results: Consolidated profit up by 17% to Rs 2,930.6 Cr
Ø Global Debt jumps to a new high of $226 Trillion : IMF
Ø China exports up 28% in September; surplus with US at $42 Billion
Ø PayPal signs MoU with IIFT, launches India Digital Trade Facilitation Forum
Ø Infosys Q2 Net Profit jumps 11.8% YoY to Rs 5,421 Crore
Ø Insurtech startup GramCover raises $7 Million in a Series A round
Ø Melorra gets $24 Million funding from 9 Unicorns, others
Business Standard
Ø Gati Shakti to make Policymaking effective, cut needless expenses: PM Modi
Ø CIL arm Mahanadi Coalfields further raises daily coal despatch
Ø Mindtree second quarter net profit up by 57% to Rs 399 Crore
Ø Toch.ai raises $11.75 mn to scale up tech infra, expand into global markets
Ø Tata Group market cap surges $55bn since August to zoom past $300 bn
Ø Beauty and personal care co Plum to open 50 Offline stores in India by 2023
Ø InMobi to acquire London-based app ads performance tracker Appsumer
Ø Govt scraps basic Customs duty, cuts cess on crude palm, soy, sunflower oil
Ø India's October power supply deficit worst since March 2016
Financial Express
Ø Institutional investment in realty sector up 17 pc in July-Sep to USD 721 Mn; office saw 75 pc dip
Ø Route Mobile’s UAE arm to acquire stake in Kuwait-based Interteleco
Ø India looks at close to double digit growth this year: FM Nirmala Sitharaman
Ø Corporate Bond yields rise on uptick in government securities, withdrawal of G-SAP operations
Mint
Ø CarDekho is eyeing a Public listing in the next 18 Months : CEO Jain
Ø India-China trade on course to touch record $100 Billion-mark
Ø I-T Portal making steady progress, 1.9 Cr returns filed so far: Infosys CEO
Ø SuperQ signs MoU with IIT-Kharagpur to collaborate on Superconductor Research
Ø EU in talks to delay reforms for $61 trillion securities market
Ø India's Fuel Demand rises 5.2% in September
Ø Vested Finance ties up with SBM Bank for Forex transfers
Ø Piramal-Bain Capital fund IndiaRF invests ₹310 Crore in Primacy Industries
Ø Indian Bank, Fisdom tie up for Digital Gold, Pension Funds, Portfolio Management
*On The Lighter Note*
Call ki Put par jeet
Mandi par Tezi ki Jeet
Stoploss par Target ki jeet
Aap sab k Jeewan me Jeet ka ye silsila bana rahe
Loss k Ravan ko Profit ka Ram hamesha harata rahe.
*Happy Vijayadashmi*
Call ki Put par jeet
Mandi par Tezi ki Jeet
Stoploss par Target ki jeet
Aap sab k Jeewan me Jeet ka ye silsila bana rahe
Loss k Ravan ko Profit ka Ram hamesha harata rahe.
*Happy Vijayadashmi*
🇮🇳Business News Headlines
Economic Times
Ø Route Mobile shareholders approve raising Rs 2,000 cr via securities
Ø Indian tea exports may witness recovery as Kenyan government fixes minimum reserve price
Ø Gold imports jump multi-fold to USD 24 bn in Apr-Sep
Ø FPIs turn net sellers in capital markets in Oct so far, pull out net Rs 1,472 cr
Ø Max group firm MaxVIL plans to expand realty biz; looks to add at least two projects in FY22
Ø Max group firm MaxVIL plans to expand realty biz; looks to add at least two projects in FY22
Ø Dixon Tech plans to export 5G mm phone to US, jack up production capacity
Ø India looks at close to double digit growth this year: FM Sitharaman
Ø Govt receives financial bids for stake in Central Electronics
Ø Power Generation in eastern region logs 8 pc growth, others register decline
Business Standard
Ø Govt paying Rs 20 cr daily on Air India; handover soon: DIPAM Secy
Ø New subscribers to help Jio's Q2; tariff hikes to aid Airtel, VI: Analysts
Ø Reliance Industries looking at global tie-ups in renewables, says report
Ø IL&FS seeks NCLT approval to place Rs 4,000 crore of assets in InvIT
Ø Fund managers bulk up on financial stocks in September, shows data
Ø Former State Bank of India chief Rajnish Kumar joins BharatPe as chairman
Ø MobiKwik turns unicorn ahead of initial public offering
Ø Metals keep surging as supply cuts fuel inflation worry
Ø Tesla car to be affordable in India, will cost Rs 35 lakh, says Gadkari
Ø India 'has right' to 30% stake in Iran gas field even after contract change
Financial Express
Ø Bharti's OneWeb partners with ISRO for satellite launch in India; aims to enhance digital connectivity
Ø Coal ministry conducts pre-bid conference for auction of 11 mines
Ø Sebi tweaks norms for REITs, InvITs on exit option for dissenting unit holders
Ø Bond yields rise on sharp increase in oil prices
Ø GI tag for Basmati rice: Nepal poses big threat to India, increase acreage
Ø Financial bids for BPCL after September
Ø Govt amends rules to allow 50% sale of coal from captive mines
Ø ABB Power Products gets shareholders' nod to rechristen company
Mint
Ø Infosys raises FY22 outlook, Wipro hits $10 billion run rate
Ø CarDekho is eyeing a public listing in the next 18 months: CEO Jain
Ø Dish TV rejects Yes Bank’s proposal to hold an EGM
Ø The Sony-Zee game plan for Indian Premier League
Ø Unicorns see meteoric rise in valuations as their tribe increases
Ø Adani Wilmar’s IPO is likely to get Sebi approval this week
Ø Sajjan Jindal appointed chairman of World Steel Association
Ø EU in talks to delay reforms for $61 Trillion securities market
Ø Cognizant’s Humphries struggles to build stable leadership
Ø Oil-sensitive currencies get a bigger boost with crude above $80
Economic Times
Ø Route Mobile shareholders approve raising Rs 2,000 cr via securities
Ø Indian tea exports may witness recovery as Kenyan government fixes minimum reserve price
Ø Gold imports jump multi-fold to USD 24 bn in Apr-Sep
Ø FPIs turn net sellers in capital markets in Oct so far, pull out net Rs 1,472 cr
Ø Max group firm MaxVIL plans to expand realty biz; looks to add at least two projects in FY22
Ø Max group firm MaxVIL plans to expand realty biz; looks to add at least two projects in FY22
Ø Dixon Tech plans to export 5G mm phone to US, jack up production capacity
Ø India looks at close to double digit growth this year: FM Sitharaman
Ø Govt receives financial bids for stake in Central Electronics
Ø Power Generation in eastern region logs 8 pc growth, others register decline
Business Standard
Ø Govt paying Rs 20 cr daily on Air India; handover soon: DIPAM Secy
Ø New subscribers to help Jio's Q2; tariff hikes to aid Airtel, VI: Analysts
Ø Reliance Industries looking at global tie-ups in renewables, says report
Ø IL&FS seeks NCLT approval to place Rs 4,000 crore of assets in InvIT
Ø Fund managers bulk up on financial stocks in September, shows data
Ø Former State Bank of India chief Rajnish Kumar joins BharatPe as chairman
Ø MobiKwik turns unicorn ahead of initial public offering
Ø Metals keep surging as supply cuts fuel inflation worry
Ø Tesla car to be affordable in India, will cost Rs 35 lakh, says Gadkari
Ø India 'has right' to 30% stake in Iran gas field even after contract change
Financial Express
Ø Bharti's OneWeb partners with ISRO for satellite launch in India; aims to enhance digital connectivity
Ø Coal ministry conducts pre-bid conference for auction of 11 mines
Ø Sebi tweaks norms for REITs, InvITs on exit option for dissenting unit holders
Ø Bond yields rise on sharp increase in oil prices
Ø GI tag for Basmati rice: Nepal poses big threat to India, increase acreage
Ø Financial bids for BPCL after September
Ø Govt amends rules to allow 50% sale of coal from captive mines
Ø ABB Power Products gets shareholders' nod to rechristen company
Mint
Ø Infosys raises FY22 outlook, Wipro hits $10 billion run rate
Ø CarDekho is eyeing a public listing in the next 18 months: CEO Jain
Ø Dish TV rejects Yes Bank’s proposal to hold an EGM
Ø The Sony-Zee game plan for Indian Premier League
Ø Unicorns see meteoric rise in valuations as their tribe increases
Ø Adani Wilmar’s IPO is likely to get Sebi approval this week
Ø Sajjan Jindal appointed chairman of World Steel Association
Ø EU in talks to delay reforms for $61 Trillion securities market
Ø Cognizant’s Humphries struggles to build stable leadership
Ø Oil-sensitive currencies get a bigger boost with crude above $80
🇮🇳Business News Headlines
Economic Times
Ø JSW Steel well placed to weather inflation and downcycles
Ø FPIs go big on auto as prospects look up
Ø UBS says India's equity valuations are unattractive, double upgrades China
Ø FPIs remain net sellers in Oct, pull out Rs 3,825 cr
Ø M-cap of five out of top 10 most valued firms down by over Rs 1.42 lakh cr; HUL, RIL most hit
Ø India high cost environment for airlines; critical to empower AERA: IATA
Ø India Inc earnings, US data, Fed taper talk to drive market this week
Ø India looks at close to double digit growth this year: FM Sitharaman
Ø Govt receives financial bids for stake in Central Electronics
Ø Strong GDP growth expected in coming quarters: PHDCCI
Business Standard
Ø Fiscal deficit likely to stay at budget estimate of 6.8% of GDP in 2021-22
Ø Vodafone Idea accepts four-year payment moratorium on AGR dues
Ø Higher raw material costs dent Nestle's operational performance in Sept qtr
Ø Govt must withdraw orders on transfer of SEZ units' assets
Ø Nykaa IPO to open on October 28; priced at Rs 1,085-1,125 apiece
Ø Dish TV Rs 1,000 cr rights issue critical for survival: Company executive
Ø YES Bank to take 2 more years to stabilise, says former SBI chief
Ø China's curbs on fertiliser exports may affect India, says report
Ø Tesla car to be affordable in India, will cost Rs 35 lakh, says Gadkari
Ø Reliance Retail acquires 52% stake in designer Ritu Kumar's company
Financial Express
Ø Moody's upgrades banking system outlook to 'stable'; economic recovery to drive credit growth
Ø Bharti's OneWeb partners with ISRO for satellite launch in India; aims to enhance digital connectivity
Ø Securitisation transactions witness improvement in collection efficiency in August
Ø Sebi tweaks norms for REITs, InvITs on exit option for dissenting unit holders
Ø India warns of high oil prices hurting global economic recovery
Ø No application for virtual internship to be entertained: Sebi
Ø Sebi nod to Rs 6K-crore PolicyBazaar IPO
Ø Tea imports from Nepal hurting Indian tea industry
Ø Financial bids for BPCL after September
Ø Tax implications on capital gains earned by NRIs
Ø Cotton association lowers current season’s crop estimate
Mint
Ø Infosys raises FY22 outlook, Wipro hits $10 billion run rate
Ø CarDekho is eyeing a public listing in the next 18 months: CEO Jain
Ø Dish TV rejects Yes Bank’s proposal to hold an EGM
Ø The Sony-Zee game plan for Indian Premier League
Ø Unicorns see meteoric rise in valuations as their tribe increases
Ø Adani Wilmar’s IPO is likely to get Sebi approval this week
Ø Sajjan Jindal appointed chairman of World Steel Association
Ø EU in talks to delay reforms for $61 trillion securities market
Ø Reliance Infra to use ₹7,100 cr from DMRC arbitral award to repay debt'
Ø Cognizant’s Humphries struggles to build stable leadership
Ø Tata Sons and a $2 billion plan for super app Tata Neu
Ø Tata Steel becomes 24th company to join Sea Cargo Charter to meet climate goals
Ø Zee-Sony merger may have a big backer in LIC
Economic Times
Ø JSW Steel well placed to weather inflation and downcycles
Ø FPIs go big on auto as prospects look up
Ø UBS says India's equity valuations are unattractive, double upgrades China
Ø FPIs remain net sellers in Oct, pull out Rs 3,825 cr
Ø M-cap of five out of top 10 most valued firms down by over Rs 1.42 lakh cr; HUL, RIL most hit
Ø India high cost environment for airlines; critical to empower AERA: IATA
Ø India Inc earnings, US data, Fed taper talk to drive market this week
Ø India looks at close to double digit growth this year: FM Sitharaman
Ø Govt receives financial bids for stake in Central Electronics
Ø Strong GDP growth expected in coming quarters: PHDCCI
Business Standard
Ø Fiscal deficit likely to stay at budget estimate of 6.8% of GDP in 2021-22
Ø Vodafone Idea accepts four-year payment moratorium on AGR dues
Ø Higher raw material costs dent Nestle's operational performance in Sept qtr
Ø Govt must withdraw orders on transfer of SEZ units' assets
Ø Nykaa IPO to open on October 28; priced at Rs 1,085-1,125 apiece
Ø Dish TV Rs 1,000 cr rights issue critical for survival: Company executive
Ø YES Bank to take 2 more years to stabilise, says former SBI chief
Ø China's curbs on fertiliser exports may affect India, says report
Ø Tesla car to be affordable in India, will cost Rs 35 lakh, says Gadkari
Ø Reliance Retail acquires 52% stake in designer Ritu Kumar's company
Financial Express
Ø Moody's upgrades banking system outlook to 'stable'; economic recovery to drive credit growth
Ø Bharti's OneWeb partners with ISRO for satellite launch in India; aims to enhance digital connectivity
Ø Securitisation transactions witness improvement in collection efficiency in August
Ø Sebi tweaks norms for REITs, InvITs on exit option for dissenting unit holders
Ø India warns of high oil prices hurting global economic recovery
Ø No application for virtual internship to be entertained: Sebi
Ø Sebi nod to Rs 6K-crore PolicyBazaar IPO
Ø Tea imports from Nepal hurting Indian tea industry
Ø Financial bids for BPCL after September
Ø Tax implications on capital gains earned by NRIs
Ø Cotton association lowers current season’s crop estimate
Mint
Ø Infosys raises FY22 outlook, Wipro hits $10 billion run rate
Ø CarDekho is eyeing a public listing in the next 18 months: CEO Jain
Ø Dish TV rejects Yes Bank’s proposal to hold an EGM
Ø The Sony-Zee game plan for Indian Premier League
Ø Unicorns see meteoric rise in valuations as their tribe increases
Ø Adani Wilmar’s IPO is likely to get Sebi approval this week
Ø Sajjan Jindal appointed chairman of World Steel Association
Ø EU in talks to delay reforms for $61 trillion securities market
Ø Reliance Infra to use ₹7,100 cr from DMRC arbitral award to repay debt'
Ø Cognizant’s Humphries struggles to build stable leadership
Ø Tata Sons and a $2 billion plan for super app Tata Neu
Ø Tata Steel becomes 24th company to join Sea Cargo Charter to meet climate goals
Ø Zee-Sony merger may have a big backer in LIC