🇮🇳Business News Headlines
Economic Times
Ø Importers to make prior disclosure to Customs to avail Concessional Duty on goods: CBIC
Ø Real Estate developers expect recovery in H2 2021
Ø Indian firms show deteriorating Business Performance in Q4 of FY21: Report
Ø CESL to procure 300 Electric Vehicles from Tata Motors
Ø HC asks FRL to respond to Amazon's plea to enforce emergency arbitrator's award
Ø BlackSoil Capital exits 15 investments with 18% returns in FY21
Business Standard
Ø Govt to sell nearly 2% SUUTI stake in Axis Bank, may get Rs 3,969 cr
Ø Tata Motors reports surprise loss of Rs 7,605 cr in Q4; revenue up 42%
Ø Walmart beats Street estimates for sales on stimulus spending boost
Ø Oil hits $70 for first time since March 15 as Europe, US re-open economies
Ø CCI approves sale of YES Bank's MF subsidiaries to GPL Finance
Ø Canara Bank reports Q4 Profit at Rs 1,011 Crore on lower provisioning
Business Line
Ø Finance Ministry hopes pent-up demand to boost recovery this fiscal
Ø AT&T to merge WarnerMedia and Discovery in $43-b deal
Ø Gland Pharma Q4 net profit up 34% to ₹260 crore
Ø Brigade Enterprises posts ₹19.58-cr Q4 profit
Ø CCI approves APSEZ buying residual stake in Krishnapatnam Port
Ø Torrent Pharma Q4 net up 3 per cent at ₹324 crore
Mint
Ø Vijay Mallya loses bankruptcy petition amendment High Court battle in UK
Ø Ujjivan Small Finance Bank Q4 net jumps 86% to ₹136 Crore
Ø Morgan Stanley sees Sensex at 61,000 by Dec, earnings to rise 37% in FY22
Ø Infosys, Majesco collaborate to accelerate digital experience for insurers
Ø China bans financial, payment institutions from Cryptocurrency business
Financial Express
Ø Indian IT & Business Services market grows 5.41% to $13.4 bn in 2020: IDC
Ø Moglix joins unicorn club with fresh $120-million fundraise
Business World
Ø Adar Poonawalla Exits Panacea Biotec; Sells Entire Stake For Rs 118 Crore
Ø Sensex, Nifty Spurt To 2-Month Highs On Decline In Fresh COVID-19 Cases
Economic Times
Ø Importers to make prior disclosure to Customs to avail Concessional Duty on goods: CBIC
Ø Real Estate developers expect recovery in H2 2021
Ø Indian firms show deteriorating Business Performance in Q4 of FY21: Report
Ø CESL to procure 300 Electric Vehicles from Tata Motors
Ø HC asks FRL to respond to Amazon's plea to enforce emergency arbitrator's award
Ø BlackSoil Capital exits 15 investments with 18% returns in FY21
Business Standard
Ø Govt to sell nearly 2% SUUTI stake in Axis Bank, may get Rs 3,969 cr
Ø Tata Motors reports surprise loss of Rs 7,605 cr in Q4; revenue up 42%
Ø Walmart beats Street estimates for sales on stimulus spending boost
Ø Oil hits $70 for first time since March 15 as Europe, US re-open economies
Ø CCI approves sale of YES Bank's MF subsidiaries to GPL Finance
Ø Canara Bank reports Q4 Profit at Rs 1,011 Crore on lower provisioning
Business Line
Ø Finance Ministry hopes pent-up demand to boost recovery this fiscal
Ø AT&T to merge WarnerMedia and Discovery in $43-b deal
Ø Gland Pharma Q4 net profit up 34% to ₹260 crore
Ø Brigade Enterprises posts ₹19.58-cr Q4 profit
Ø CCI approves APSEZ buying residual stake in Krishnapatnam Port
Ø Torrent Pharma Q4 net up 3 per cent at ₹324 crore
Mint
Ø Vijay Mallya loses bankruptcy petition amendment High Court battle in UK
Ø Ujjivan Small Finance Bank Q4 net jumps 86% to ₹136 Crore
Ø Morgan Stanley sees Sensex at 61,000 by Dec, earnings to rise 37% in FY22
Ø Infosys, Majesco collaborate to accelerate digital experience for insurers
Ø China bans financial, payment institutions from Cryptocurrency business
Financial Express
Ø Indian IT & Business Services market grows 5.41% to $13.4 bn in 2020: IDC
Ø Moglix joins unicorn club with fresh $120-million fundraise
Business World
Ø Adar Poonawalla Exits Panacea Biotec; Sells Entire Stake For Rs 118 Crore
Ø Sensex, Nifty Spurt To 2-Month Highs On Decline In Fresh COVID-19 Cases
🇮🇳Business News Headlines
Economic Times
Ø India's Utility-scale Solar installations declined 39% Y-O-Y in FY2021: Report
Ø Govt needs to revisit Import Duty on Chickpeas, Lentils: IPGA
Ø Tata Projects secures Rs 2,000 Crore order from Chennai Metro
Ø Govt targets to conclude ongoing CPSE Privatisation this fiscal
Ø Kotak Mahindra Bk arm buys 74% stake in HKR Roadways for 715 Crore
Ø RHI Magnesita's 2 Indian bizs merge with ORL
Business Standard
Ø Sebi proposes Merger of Debt Securities rules into single regulation
Ø IOC posts all-time high profit in FY21 of Rs 21,638 Cr versus year-ago loss
Ø S&P revises Outlook on Tata Motors to Stable on improving underlying demand
Ø NBFCs had objected to RBI rules on auditor change, called for expert panel
Ø Centre hikes fertiliser subsidy by 140%; farmers to get DAP at old rate
Ø Vedanta restarts medical oxygen production at Sterlite Copper plant
Business Line
Ø India, China, S Africa fared ‘relatively better’ than other Major Economies in Q1 of 2021: UN
Ø Dredging Corp wins ₹122.50-cr contract from Cochin Port Trust
Ø BDR Pharmaceuticals inks voluntary licensing pact with Eli Lilly for Baricitinib
Ø Nod for amalgamation of RHI Clasil, RHI India with Orient Refractories
Ø Pioneer Embroideries net up five times in Q4
Ø JK Tyre Q4 net at ₹195 crore
Mint
Ø Axis Bank: OFS of SUUTI oversubscribed four times on Day 1
Ø Indian, European refiners get ready to buy Iranian oil
Ø Crypto washout: Bitcoin plunges $30,000, market cap losses nearly $1 tn
Ø Sebi fines Biocon, its designated person for violating market norms
Ø High Street Essentials raises Rs25.5 crore in fresh funding
Ø JK Tyre Reports robust recovery in Earnings for March quarter
Financial Express
Ø India climbs to 3rd spot on EY index on impressive show by solar PV segment
Ø UK inflation more than doubles to 1.5% in April
Ø NBCC, Suraksha submit revised bids for Jaypee Infra
Business World
Ø Central Bank Of India Gets Shareholder Nod To Allot Rs 4,800-Cr Preference Shares To Govt
Ø CBIC Rationalises GST Refund Provisions, Allows Taxpayers To Withdraw Application
Ø India's Oilmeal Exports Jump 51 % In FY21
Economic Times
Ø India's Utility-scale Solar installations declined 39% Y-O-Y in FY2021: Report
Ø Govt needs to revisit Import Duty on Chickpeas, Lentils: IPGA
Ø Tata Projects secures Rs 2,000 Crore order from Chennai Metro
Ø Govt targets to conclude ongoing CPSE Privatisation this fiscal
Ø Kotak Mahindra Bk arm buys 74% stake in HKR Roadways for 715 Crore
Ø RHI Magnesita's 2 Indian bizs merge with ORL
Business Standard
Ø Sebi proposes Merger of Debt Securities rules into single regulation
Ø IOC posts all-time high profit in FY21 of Rs 21,638 Cr versus year-ago loss
Ø S&P revises Outlook on Tata Motors to Stable on improving underlying demand
Ø NBFCs had objected to RBI rules on auditor change, called for expert panel
Ø Centre hikes fertiliser subsidy by 140%; farmers to get DAP at old rate
Ø Vedanta restarts medical oxygen production at Sterlite Copper plant
Business Line
Ø India, China, S Africa fared ‘relatively better’ than other Major Economies in Q1 of 2021: UN
Ø Dredging Corp wins ₹122.50-cr contract from Cochin Port Trust
Ø BDR Pharmaceuticals inks voluntary licensing pact with Eli Lilly for Baricitinib
Ø Nod for amalgamation of RHI Clasil, RHI India with Orient Refractories
Ø Pioneer Embroideries net up five times in Q4
Ø JK Tyre Q4 net at ₹195 crore
Mint
Ø Axis Bank: OFS of SUUTI oversubscribed four times on Day 1
Ø Indian, European refiners get ready to buy Iranian oil
Ø Crypto washout: Bitcoin plunges $30,000, market cap losses nearly $1 tn
Ø Sebi fines Biocon, its designated person for violating market norms
Ø High Street Essentials raises Rs25.5 crore in fresh funding
Ø JK Tyre Reports robust recovery in Earnings for March quarter
Financial Express
Ø India climbs to 3rd spot on EY index on impressive show by solar PV segment
Ø UK inflation more than doubles to 1.5% in April
Ø NBCC, Suraksha submit revised bids for Jaypee Infra
Business World
Ø Central Bank Of India Gets Shareholder Nod To Allot Rs 4,800-Cr Preference Shares To Govt
Ø CBIC Rationalises GST Refund Provisions, Allows Taxpayers To Withdraw Application
Ø India's Oilmeal Exports Jump 51 % In FY21
SBI Q4 profit surges to ₹6451 crore, announces dividend of ₹4/share
Note: If you know what you are buying you create fortune ~ Learning Mirror
Note: If you know what you are buying you create fortune ~ Learning Mirror
Why I am recommending you etfs, here are some examples.
Check in short term every funds have given 20-25% CAGR. One you stay invested for long term their return deteriorating year on year and not even beating index returns.
I am working in this industry from last 8 years and according to my experience I am advising you what is good or bad for you.
Source: Value Research Online
Learning is compulsory if you stay in this market for long term.
Check in short term every funds have given 20-25% CAGR. One you stay invested for long term their return deteriorating year on year and not even beating index returns.
I am working in this industry from last 8 years and according to my experience I am advising you what is good or bad for you.
Source: Value Research Online
Learning is compulsory if you stay in this market for long term.
On your demand. Check it out. if i understand, then i can teach even a new born baby. that's my strength 💪
🇮🇳Business News Headlines
Economic Times
Ø Bank Credit grows by 6.02 %; Deposits by 9.87 %.
Ø India's threshold Inflation level is 6 %: Fromer MPC Member
Ø DLF leases 3 Lakh sq ft office space in Gurgaon
Ø Centre launches first phase of MCA21 Version 3.0
Ø FY21 FDI inflows up 10%, highest jump in investments from Saudi Arabia
Ø NBFCs stop lending on fear of rising defaults
Ø RBI issues guidelines for amalgamation of district central co-op banks with state co-op banks
Business Standard
Ø Mix of fiscal, monetary policies to mitigate economic downturn: RBI study
Ø Banks in India report loan fraud worth Rs 5 trn, SBI's amount largest
Ø SAT grants interim stay on Sebi's order against Yes Bank in AT-1 bond case
Ø Anmi urges Sebi to reconsider proposal on 100% levy on peak margin
Ø Icra pegs Q4 GDP growth at 2%; projects 7.3% contraction in FY21
Ø Microfinance sector stares at sequentially challenging year: India Ratings
Business Line
Ø Training, placement under Centre’s skill development programme declines in FY21
Ø Philippines opens its rice market to India with duty cut
Ø GMM Pfaudler starts operations at acquired facility at Vatva
Ø Ramco Cements posts ₹761-cr profit in FY21 on better margins
Ø Grasim net up 13% in Q4 on better realisation
Ø ‘User industry concern on high steel prices unfounded’
Mint
Ø Banking tech startup Zeta raises $250 million from SoftBank Vision Fund 2
Ø Pfizer will supply Covid vaccine only to central govt, says company
Ø JSW Steel denies Liberty asset bid as mill plans India expansion
Ø Bharat Biotech submits 90% documentation to WHO for EUL of Covaxin
Ø Bitcoin bounces back above $38,000 after weekend selloff
Financial Express
Ø Maintain RoDTEP rates to at least 5 % for zinc, lead exports: ILZDA to govt
Ø DHFL lenders challenge NCLT order on considering Wadhawan’s Offer
Business World
Ø SAT Grants Interim Stay On Sebi's Order Against Yes Bank In AT-1 Bond Case
Ø Maintain RoDTEP Rates To At Least 5 % For Zinc, Lead Exports: ILZDA To Govt
Economic Times
Ø Bank Credit grows by 6.02 %; Deposits by 9.87 %.
Ø India's threshold Inflation level is 6 %: Fromer MPC Member
Ø DLF leases 3 Lakh sq ft office space in Gurgaon
Ø Centre launches first phase of MCA21 Version 3.0
Ø FY21 FDI inflows up 10%, highest jump in investments from Saudi Arabia
Ø NBFCs stop lending on fear of rising defaults
Ø RBI issues guidelines for amalgamation of district central co-op banks with state co-op banks
Business Standard
Ø Mix of fiscal, monetary policies to mitigate economic downturn: RBI study
Ø Banks in India report loan fraud worth Rs 5 trn, SBI's amount largest
Ø SAT grants interim stay on Sebi's order against Yes Bank in AT-1 bond case
Ø Anmi urges Sebi to reconsider proposal on 100% levy on peak margin
Ø Icra pegs Q4 GDP growth at 2%; projects 7.3% contraction in FY21
Ø Microfinance sector stares at sequentially challenging year: India Ratings
Business Line
Ø Training, placement under Centre’s skill development programme declines in FY21
Ø Philippines opens its rice market to India with duty cut
Ø GMM Pfaudler starts operations at acquired facility at Vatva
Ø Ramco Cements posts ₹761-cr profit in FY21 on better margins
Ø Grasim net up 13% in Q4 on better realisation
Ø ‘User industry concern on high steel prices unfounded’
Mint
Ø Banking tech startup Zeta raises $250 million from SoftBank Vision Fund 2
Ø Pfizer will supply Covid vaccine only to central govt, says company
Ø JSW Steel denies Liberty asset bid as mill plans India expansion
Ø Bharat Biotech submits 90% documentation to WHO for EUL of Covaxin
Ø Bitcoin bounces back above $38,000 after weekend selloff
Financial Express
Ø Maintain RoDTEP rates to at least 5 % for zinc, lead exports: ILZDA to govt
Ø DHFL lenders challenge NCLT order on considering Wadhawan’s Offer
Business World
Ø SAT Grants Interim Stay On Sebi's Order Against Yes Bank In AT-1 Bond Case
Ø Maintain RoDTEP Rates To At Least 5 % For Zinc, Lead Exports: ILZDA To Govt