a very beautiful answer to the foolish lady from the educated lady 🤣


NDTV: Why Tax Vaccines, Nirmala Sitharaman Explains After Mamata Banerjee Note.
https://www.ndtv.com/india-news/covid-19-after-mamata-banerjee-letter-nirmala-sitharaman-explains-tax-on-vaccines-2438283#publisher=newsstand

Selling

Fincare Business Services(Holding company Fincare small Finance Bank)

Total Quantities - 5 Lakhs.

Share Price - 103(1 Lakh lot size), 107(25k Lot Size)

ISIN - INE957R01017

ROFR Shares

It Will takes 2 to 2.5 months for the transaction.

For more Details please connect

https://m.economictimes.com/markets/ipos/fpos/fincare-sfb-to-file-ipo-papers-this-week/articleshow/82448056.cms

Plus advance introductory fees payable to us@2/sh

Interesting Ranting on crypto 😄

https://www.getrevue.co/profile/yourtipsheet/issues/it-s-not-about-money-it-s-about-sending-a-message-590052

World Markets

Dow + 229
Nasdaq + 119
Dax + 203
Nikkei + 285
Hangseng + 45
Sgxnifty + 122 (14982)
Brent Crude 69.02
Dow Fut + 120
Dollar Index 90.20. https://t.me/marketswizard

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Stocks To Watch

Hero MotoCorp: To extend the shutdown at its manufacturing facilities across India, global parts centre and R&D facility in Jaipur till May 16. This is the third extension of the shutdown by Hero MotoCorp.

Maruti Suzuki India: Has extended the maintenance shutdown till May 16, keeping in view the current pandemic situation.

HPCL: Has issued unsecured, non-convertible, non-cumulative taxable debentures of Rs 10 lakh each aggregating to Rs 1,950 crore on a private placement basis to fund capital expenditure. The coupon rate has been fixed at 6.63% per annum.

InterGlobe Aviation: Board has decided that the company should continue to explore all options to increase its liquidity, including by way of a QIP.

SBI: IRDAI has imposed a penalty of Rs 30 lakh on SBI General lnsurance Co due to non-compliance in minimum obligations under motor third-party business. The penalty has been imposed for violation of Section 32D of lnsurance Act, 1938.

Tata Power: Board to consider issuing NCDs, bonds and other debt securities on a private placement basis on May 12.

Everest Industries: Has appointed Pramod Nair as Chief Financial Officer with effect from May 11.

Gati: Board has approved issuance of up to 10.23 lakh shares at a price of Rs 97.75 per share aggregating up to Rs 10 crore and up to 71.61 lakh warrants at a price of Rs 97.75 per warrants aggregating up to Rs 69.99 crore to Allcargo Logistics, the promoter of the company on preferential issue basis.

Earnings to watch: Chambal Fertilizers & Chemicals, HFCL Ltd., HSIL Ltd., Intellect Design Arena, JMC Projects, PPAP Automotive, Venky’s India Ltd., Zydus Wellness Ltd. https://t.me/marketswizard

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Insider Trades

NCC: Promoter Sirisha Projects bought 18.13 lakh shares between March 2-4. Promoters (ASN Raju, Alluri Raju and AAV Raju) sold 18.13 lakh shares between March 2-4.

Pledge Share Details

Chambal Fertilisers & Chemicals: Promoter Zuari Global revoked pledge of 7.50 lakh shares on May 5. As reported on May 7.

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Trading Tweaks

Record Date Stock Split: Vaibhav Global

Price Band Revised From 20% To 10%: Apcotex Industries, Bajaj Hindusthan Sugar

Move Into Short-Term ASM Framework: Dish TV India, R Systems International, Nureca

Move Out Of Short-Term ASM Framework: Bharat Rasayan, Ashapura Minechem

Move Into ASM Framework: Praj Industries

Move Out Of ASM Framework: Sterlite Technologies, HFCL, HLE Glascoat

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Money Market Update

The rupee ended at 73.51 against the U.S. Dollar on Friday as compared to Thursday's closing of 73.77.

Who's Meeting Whom

Inflbeam Avenues: To meet Napean Capital on May 10

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