🇮🇳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
🇮🇳Business News Headlines
Economic Times
Ø RBI meets heads of Private Sector Banks to assess Covid impact
Ø CIL's coal allocation to Power Sector under e-auction drops 28% in April
Ø India's Foodgrain output to rise 2.66% to record 305.43 MT in 2020-21, says government
Ø HPCL shuts 70,000 BPD fire-hit crude unit at Vizag refinery
Ø BPCL may sell some stake in IGL, Petronet to shed promoter status
Ø Britain opens 14-week consultation to fire 'starting gun' on FTA with India
Business Standard
Ø HDFC to raise up to Rs 7,000 Cr by issuing bonds on private placement basis
Ø Adani Total, Apollo Hospitals, Chola could move to MF large-cap universe
Ø PharmEasy acquires Medlife, becomes India's largest e-pharma company
Ø Thermax March-quarter net jumps nearly three-fold to Rs 107 crore
Ø AstraZeneca Pharma India Q4 net profit up nearly 3-fold to Rs 27.27 cr
Ø Emami Q4 PAT up four-fold YoY to Rs 88 cr, drops 58% sequentially
Business Line
Ø Barclays cuts India’s FY22 GDP estimate to 9.2%
Ø India's Q4 GDP growth likely to be better than estimates
Ø SBI research projects Q1FY22 real GDP growth at 10-15%
Ø Piramal Group files application in NCLAT on DHFL
Ø No major impact of pandemic on client deliverables: Infosys
Ø Marico hopes margins will recover as Copra Prices fall
Mint
Ø Low base of FY21 & good monsoon will help recovery in auto sales: India Ratings
Ø Sentieo raises $20 million in Series B funding round
Ø Pfizer ready to supply 5 crore Covid-19 doses to India this year: Report
Ø Bitcoin slips below $38,000 in a retreat from Monday’s rally
Ø Atlan raises $16 million in Series A funding led by Insight Partners
Financial Express
Ø NHPC awards Rs 188 cr contract to Tata Power Solar Systems
Ø Strides Ventures announces new fund, targets corpus of up to Rs 1,875 crore
Ø Alkem Labs Q4 profit up 30 pc at Rs 249 cr
Business World
Ø RBI Framework 2.0: SBI Card Puts In Place Mechanism For COVID Stress Relief
Ø Jaypee Infratech Case: Erstwhile Promoter JAL Demands Coc To Consider Its Offer
Economic Times
Ø RBI meets heads of Private Sector Banks to assess Covid impact
Ø CIL's coal allocation to Power Sector under e-auction drops 28% in April
Ø India's Foodgrain output to rise 2.66% to record 305.43 MT in 2020-21, says government
Ø HPCL shuts 70,000 BPD fire-hit crude unit at Vizag refinery
Ø BPCL may sell some stake in IGL, Petronet to shed promoter status
Ø Britain opens 14-week consultation to fire 'starting gun' on FTA with India
Business Standard
Ø HDFC to raise up to Rs 7,000 Cr by issuing bonds on private placement basis
Ø Adani Total, Apollo Hospitals, Chola could move to MF large-cap universe
Ø PharmEasy acquires Medlife, becomes India's largest e-pharma company
Ø Thermax March-quarter net jumps nearly three-fold to Rs 107 crore
Ø AstraZeneca Pharma India Q4 net profit up nearly 3-fold to Rs 27.27 cr
Ø Emami Q4 PAT up four-fold YoY to Rs 88 cr, drops 58% sequentially
Business Line
Ø Barclays cuts India’s FY22 GDP estimate to 9.2%
Ø India's Q4 GDP growth likely to be better than estimates
Ø SBI research projects Q1FY22 real GDP growth at 10-15%
Ø Piramal Group files application in NCLAT on DHFL
Ø No major impact of pandemic on client deliverables: Infosys
Ø Marico hopes margins will recover as Copra Prices fall
Mint
Ø Low base of FY21 & good monsoon will help recovery in auto sales: India Ratings
Ø Sentieo raises $20 million in Series B funding round
Ø Pfizer ready to supply 5 crore Covid-19 doses to India this year: Report
Ø Bitcoin slips below $38,000 in a retreat from Monday’s rally
Ø Atlan raises $16 million in Series A funding led by Insight Partners
Financial Express
Ø NHPC awards Rs 188 cr contract to Tata Power Solar Systems
Ø Strides Ventures announces new fund, targets corpus of up to Rs 1,875 crore
Ø Alkem Labs Q4 profit up 30 pc at Rs 249 cr
Business World
Ø RBI Framework 2.0: SBI Card Puts In Place Mechanism For COVID Stress Relief
Ø Jaypee Infratech Case: Erstwhile Promoter JAL Demands Coc To Consider Its Offer