Financial News Bulletin Dt.21st June, 2021 forwarded by Allahabad Bank Employees' Union-APTS- affiliated to All India Bank Employees' Association (AIBEA)
The Finance Industry Development Council (FIDC) has urged the Ministry of Micro, Small & Medium Enterprises (MSME) to address issues faced by MSME borrowers and the NBFCs catering to these enterprises. The industry body of retail NBFCs had a virtual meeting with Nitin Gadkari, the Minister of MSMEs on June 15. On Friday, FIDC wrote to the minister outlining the needs of the sector. FIDC in its letter has requested the loop minister to include wholesale and retail trade in the list of activities allowed for registration as MSME and also make consequent changes to the 'Udyam' portal.
-Business Standard
Bank of Maharashtra has become top performer among public sector lenders in terms of retail and MSME loan growth during 2020-21. The bank recorded a 35% growth in MSME loans at Rs 23,133 Cr in 2020-21, according to the Bank of Maharashtra data. It was followed by the Indian Bank which posted a 15.22% growth in loan disbursal to MSMEs with aggregate loans at Rs 70,180 crore at the end of March 2021. When it came to loans to retail, Bank of Maharashtra with nearly 25.61% growth was ahead of even the SBI which recorded 16.47% rise.
-Business Standard
Karnataka Bank has declared accounts of Reliance Home Finance and Reliance Commercial Finance a fruad with combined loan outstandings of over Rs 160 Cr to the lender. The bank has reported to the RBI regarding frauds in the credit facilities extended earlier to two listed companies -- Reliance Home Finance with loan outstanding of Rs 21.94 Cr and Reliance Commercial Finance Rs 138.41 Cr as fraud, Karnataka Bank said in a regulatory filing.
-Economic Times
The joint venture floated by Centrum Group and digital payments startup Bharatpe for launching a small finance bank will infuse Rs 1,800 Cr capital into troubled Punjab & Maharashtra Cooperative Bank (PMC) on its merger with the proposed bank, a top Centrum official has said.
-Economic Times
Mumbai-based NBFC Authum Investment and Infrastructure has been declared as the preferred bidder for Anil Ambani's debt laden Reliance Home Finance with over 90% of the creditors voting for the Co. Saturday was the last date for the voting which started on May 31 and creditors which included private and public sector banks and bondholders selected Authum to take over the Co.
-Economic Times
SEBI has asked mortgage lender PNB Housing Finance to temporarily halt its proposed share sale programme. On 31 May, investors led by Carlyle Group announced an investment of ₹4,000 Cr in PNB Housing Finance.
-Livemint
The Centre has extended the tenure of appointment of Ananta Barua as Whole-time Member of the SEBI for a period of two years beyond July 31.
-Business Line
Worried by rising claims and low premium, insurers have approached the IRDAI for a re-pricing of the Corona Kavach and Corona Rakshak policies. Insurers point out that these low ticket policies were expected to be for a short duration, but with the pandemic continuing, they are turning out to be expensive propositions for them and hitting their balance sheets.
-Business Line
Foreign portfolio investors (FPIs) pumped in a net Rs 13,667 Cr so far in June as Indian markets continued to remain attractive to overseas investors. However, market experts noted that FPIs withdrew money from Indian equities this week. According to depositories data, FPIs invested Rs 15,312 Cr in equities between June 1 and June 18.
-Moneycontrol.com
4 of the top 10 most valued firms cumulatively added Rs 68,458.72 Cr in market capitalisation (m-cap) last week. SBI's valuation diminished by Rs 14,948.73 Cr to Rs 3,68,407.96 Cr and that of HDFC declined Rs 12,796.03 Cr to Rs 4,49,176.18 Cr. The market capitalisation of Kotak Mahindra Bank dipped Rs 6,908.63 Cr to Rs 3,49,019.23 Cr and that of ICICI Bank dived Rs 3,644.88 Cr to Rs 4,36,390.78 Cr.
The Finance Industry Development Council (FIDC) has urged the Ministry of Micro, Small & Medium Enterprises (MSME) to address issues faced by MSME borrowers and the NBFCs catering to these enterprises. The industry body of retail NBFCs had a virtual meeting with Nitin Gadkari, the Minister of MSMEs on June 15. On Friday, FIDC wrote to the minister outlining the needs of the sector. FIDC in its letter has requested the loop minister to include wholesale and retail trade in the list of activities allowed for registration as MSME and also make consequent changes to the 'Udyam' portal.
-Business Standard
Bank of Maharashtra has become top performer among public sector lenders in terms of retail and MSME loan growth during 2020-21. The bank recorded a 35% growth in MSME loans at Rs 23,133 Cr in 2020-21, according to the Bank of Maharashtra data. It was followed by the Indian Bank which posted a 15.22% growth in loan disbursal to MSMEs with aggregate loans at Rs 70,180 crore at the end of March 2021. When it came to loans to retail, Bank of Maharashtra with nearly 25.61% growth was ahead of even the SBI which recorded 16.47% rise.
-Business Standard
Karnataka Bank has declared accounts of Reliance Home Finance and Reliance Commercial Finance a fruad with combined loan outstandings of over Rs 160 Cr to the lender. The bank has reported to the RBI regarding frauds in the credit facilities extended earlier to two listed companies -- Reliance Home Finance with loan outstanding of Rs 21.94 Cr and Reliance Commercial Finance Rs 138.41 Cr as fraud, Karnataka Bank said in a regulatory filing.
-Economic Times
The joint venture floated by Centrum Group and digital payments startup Bharatpe for launching a small finance bank will infuse Rs 1,800 Cr capital into troubled Punjab & Maharashtra Cooperative Bank (PMC) on its merger with the proposed bank, a top Centrum official has said.
-Economic Times
Mumbai-based NBFC Authum Investment and Infrastructure has been declared as the preferred bidder for Anil Ambani's debt laden Reliance Home Finance with over 90% of the creditors voting for the Co. Saturday was the last date for the voting which started on May 31 and creditors which included private and public sector banks and bondholders selected Authum to take over the Co.
-Economic Times
SEBI has asked mortgage lender PNB Housing Finance to temporarily halt its proposed share sale programme. On 31 May, investors led by Carlyle Group announced an investment of ₹4,000 Cr in PNB Housing Finance.
-Livemint
The Centre has extended the tenure of appointment of Ananta Barua as Whole-time Member of the SEBI for a period of two years beyond July 31.
-Business Line
Worried by rising claims and low premium, insurers have approached the IRDAI for a re-pricing of the Corona Kavach and Corona Rakshak policies. Insurers point out that these low ticket policies were expected to be for a short duration, but with the pandemic continuing, they are turning out to be expensive propositions for them and hitting their balance sheets.
-Business Line
Foreign portfolio investors (FPIs) pumped in a net Rs 13,667 Cr so far in June as Indian markets continued to remain attractive to overseas investors. However, market experts noted that FPIs withdrew money from Indian equities this week. According to depositories data, FPIs invested Rs 15,312 Cr in equities between June 1 and June 18.
-Moneycontrol.com
4 of the top 10 most valued firms cumulatively added Rs 68,458.72 Cr in market capitalisation (m-cap) last week. SBI's valuation diminished by Rs 14,948.73 Cr to Rs 3,68,407.96 Cr and that of HDFC declined Rs 12,796.03 Cr to Rs 4,49,176.18 Cr. The market capitalisation of Kotak Mahindra Bank dipped Rs 6,908.63 Cr to Rs 3,49,019.23 Cr and that of ICICI Bank dived Rs 3,644.88 Cr to Rs 4,36,390.78 Cr.
HDFC Bank's valuation eroded by Rs 3,503.96 Cr to reach Rs 8,16,587.81 Cr and that of Bajaj Finance dipped Rs 1,901.32 Cr to Rs 3,67,425.99 Cr. In the ranking of top-10 most valued firms, RIL maintained its numero uno status, followed by TCS, HDFC Bank, Infosys, HUL, HDFC, ICICI Bank, SBI, Bajaj Finance and Kotak Mahindra Bank. During the last week, the 30-share BSE benchmark Sensex declined 130.31 points or 0.24%.
-Business Today
-Business Today
Among financials, go for midsize, corporate facing banks: Chakri Lokapriya
https://economictimes.indiatimes.com/markets/expert-view/among-financials-go-for-midsize-corporate-facing-banks-chakri-lokapriya/articleshow/83639242.cms
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https://economictimes.indiatimes.com/markets/expert-view/among-financials-go-for-midsize-corporate-facing-banks-chakri-lokapriya/articleshow/83639242.cms
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The Economic Times
Among financials, go for midsize, corporate facing banks: Chakri Lokapriya
“Today financials are in a far stronger place than they were even pre pandemic and therefore whenever the economy revives, the banks are more ready to lend either to the corporate consumer or even the government for that matter. Consumer facing private sector…
Consumer demand may rebound strongly in Q2: Trent chairman Noel N Tata
https://mybs.in/2ZfCf6g
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Business-Standard
Consumer demand may rebound strongly in Q2: Trent chairman Noel N Tata
Trent will continue to focus on building out differentiated brands and accelerating its reach through stores and digital platforms, said Noel Tata
Viacom18 and Zee Entertainment in early merger talks
https://www.livemint.com/companies/news/viacom18-and-zee-entertainment-in-early-merger-talks-11624212805434.html
https://www.livemint.com/companies/news/viacom18-and-zee-entertainment-in-early-merger-talks-11624212805434.html
mint
Viacom18 and Zee Entertainment in early merger talks
The merger of Viacom18 and Zee is proposed to be done through a share swap deal. The talks started a few weeks ago, and the deal is unlikely to involve any cash transaction
Decision over flex-fuel engines in 8-10 days, says Nitin Gadkari
https://economictimes.indiatimes.com/industry/renewables/decision-over-flex-fuel-engines-in-8-10-days-says-nitin-gadkari/articleshow/83693170.cms
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The Economic Times
Decision over flex-fuel engines in 8-10 days, says Nitin Gadkari
"I am transport minister, I am going to issue an order to the industry, that only petrol engines will not be there, there will be flex-fuel engines, where there will be choice for the people that they can use 100 per cent crude oil or 100 per ethanol," he…
Ahead of AGM, buzz over possible Aramco rep on RIL board and $15-bn deal update
https://www.livemint.com/companies/news/ahead-of-agm-buzz-over-possible-aramco-representative-on-ril-board-and-15-bn-deal-update-11624184615957.html
https://www.livemint.com/companies/news/ahead-of-agm-buzz-over-possible-aramco-representative-on-ril-board-and-15-bn-deal-update-11624184615957.html
mint
Ahead of AGM, buzz over possible Aramco representative on RIL board and $15-bn deal update
There is also expectation of some update on Saudi Aramco deal and speculation that the Chairman of Saudi Aramco may join RIL's board
Investors to look at EMs once Covid's worst is behind: Andrew Holland
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Business-Standard
Investors to look at EMs once Covid's worst is behind: Andrew Holland
Housing and retail sales in the US are already starting to fall, CEO Holland
*Economic Times*
Ø Godrej Properties tops in sales bookings for FY21 among listed entities; overtakes Macrotech
Ø Mahindra Logistics eyes sharp business growth in H2 FY22
Ø A possible Saudi Aramco appointment on Reliance board triggers buzz over $15 billion deal
Ø FPIs invest Rs 13,667 cr in Indian markets in June so far
Ø RIL AGM, Powell testimony, F&O expiry to shape markets this week
Ø Sona Comstar, Shyam Metalics to make D-Street debut on June 24
*Financial Express*
Ø Govt open to more measures to boost economy: CEA Subramanian
Ø Life insurers may see short-term pressure on profitability due to pandemic: ICICI Pru Life
Ø FPIs invest Rs 13,667 cr in Indian markets in June so far
Ø Punjab National Bank, SBI Life among top mutual fund buys in May
*Business Standard*
Ø Adani Power to acquire 1,200 MW Essar Power's Mahan project
Ø Lenders select Authum Investment's Rs 2,900 cr bid for Reliance Home Fin
Ø Vedanta emerges as successful bidder for coal block for mining in Odisha
Ø Consumer demand may rebound in Q2 this fiscal: Trent Chairman Noel N Tata
Ø Vaccination and stimulus will make 9-9.5% growth possible: CII president
Ø Four of top-10 firms add Rs 68,458 crore in m-cap; HUL, Infosys top gainers
*Business Line*
Ø Insurers seek re-pricing of Corona Kavach, Corona Rakshak policies
Ø AAI mulls Adani’s request for time to take over 3 airports
Ø Draft cabinet note floated for 100 per cent FDI in oil PSUs: Sources
Ø Amara Raja plugs into new energy
*Mint*
Ø Proposal for 100% FDI in oil PSUs can accelerate BPCL privatisation, if approved
Ø Govt mulls extending Atmanirbhar Bharat Rojgar Yojana till March 2022
Ø Bank of Maharashtra tops PSU bank chart in MSME loan growth in FY21
Ø Leather exports jump to $641.72 mn in Apr-May 2021: industry body
Ø Godrej Properties tops in sales bookings for FY21 among listed entities; overtakes Macrotech
Ø Mahindra Logistics eyes sharp business growth in H2 FY22
Ø A possible Saudi Aramco appointment on Reliance board triggers buzz over $15 billion deal
Ø FPIs invest Rs 13,667 cr in Indian markets in June so far
Ø RIL AGM, Powell testimony, F&O expiry to shape markets this week
Ø Sona Comstar, Shyam Metalics to make D-Street debut on June 24
*Financial Express*
Ø Govt open to more measures to boost economy: CEA Subramanian
Ø Life insurers may see short-term pressure on profitability due to pandemic: ICICI Pru Life
Ø FPIs invest Rs 13,667 cr in Indian markets in June so far
Ø Punjab National Bank, SBI Life among top mutual fund buys in May
*Business Standard*
Ø Adani Power to acquire 1,200 MW Essar Power's Mahan project
Ø Lenders select Authum Investment's Rs 2,900 cr bid for Reliance Home Fin
Ø Vedanta emerges as successful bidder for coal block for mining in Odisha
Ø Consumer demand may rebound in Q2 this fiscal: Trent Chairman Noel N Tata
Ø Vaccination and stimulus will make 9-9.5% growth possible: CII president
Ø Four of top-10 firms add Rs 68,458 crore in m-cap; HUL, Infosys top gainers
*Business Line*
Ø Insurers seek re-pricing of Corona Kavach, Corona Rakshak policies
Ø AAI mulls Adani’s request for time to take over 3 airports
Ø Draft cabinet note floated for 100 per cent FDI in oil PSUs: Sources
Ø Amara Raja plugs into new energy
*Mint*
Ø Proposal for 100% FDI in oil PSUs can accelerate BPCL privatisation, if approved
Ø Govt mulls extending Atmanirbhar Bharat Rojgar Yojana till March 2022
Ø Bank of Maharashtra tops PSU bank chart in MSME loan growth in FY21
Ø Leather exports jump to $641.72 mn in Apr-May 2021: industry body
Money Market Update
The rupee ended at 73.87 against the U.S. Dollar on Friday as compared to Thursday's closing of 74.
The rupee ended at 73.87 against the U.S. Dollar on Friday as compared to Thursday's closing of 74.
Trading Tweaks
Ex-Date Interim Dividend: Info Edge (India)
Ex-Date Final Dividend: Supreme Industries
Ex-Date AGM: JSW Holdings, Angel Broking
Ex-Date Stock Split: GG Engineering
Record Date Final Dividend: Balkrishna Industries
Price Band Revised From 10% To 5%: Sarda Energy & Minerals
Move Into Short-Term ASM Framework: Nahar Spinning Mills, Ador Welding
Move Out Of Short-Term ASM Framework DB Realty, HSIL, Jaiprakash Power Ventures, RattanIndia Power
Move Into ASM Framework: Jaiprakash Power Ventures, RattanIndia Power, Dwarikesh Sugar Industries, Globus Spirits, Bajaj Hindusthan Sugar, Parsvnath Developers
Move Out Of ASM Framework: Suven Pharmaceuticals, Genus Power Infrastructures, Prism Johnson, Ganesh Housing Corporation, Jain Irrigation Systems
Ex-Date Interim Dividend: Info Edge (India)
Ex-Date Final Dividend: Supreme Industries
Ex-Date AGM: JSW Holdings, Angel Broking
Ex-Date Stock Split: GG Engineering
Record Date Final Dividend: Balkrishna Industries
Price Band Revised From 10% To 5%: Sarda Energy & Minerals
Move Into Short-Term ASM Framework: Nahar Spinning Mills, Ador Welding
Move Out Of Short-Term ASM Framework DB Realty, HSIL, Jaiprakash Power Ventures, RattanIndia Power
Move Into ASM Framework: Jaiprakash Power Ventures, RattanIndia Power, Dwarikesh Sugar Industries, Globus Spirits, Bajaj Hindusthan Sugar, Parsvnath Developers
Move Out Of ASM Framework: Suven Pharmaceuticals, Genus Power Infrastructures, Prism Johnson, Ganesh Housing Corporation, Jain Irrigation Systems
Who’s Meeting Whom
Gati: To meet ITI Mutual Fund and Ambit Capital on June 22.
Mahindra Logistics: To meet Wellington Management on June 22 and Burman Family Holdings on June 24.
Magma Fincorp: To meet International Finance Corporation on June 21.
Radico Khaitan: To meet Elo Pension Fund on June 21 and Principal AMC and First State Investors on June 22.
Tata Motors: To meet Nomura on June 22.
Gati: To meet ITI Mutual Fund and Ambit Capital on June 22.
Mahindra Logistics: To meet Wellington Management on June 22 and Burman Family Holdings on June 24.
Magma Fincorp: To meet International Finance Corporation on June 21.
Radico Khaitan: To meet Elo Pension Fund on June 21 and Principal AMC and First State Investors on June 22.
Tata Motors: To meet Nomura on June 22.
Insider Trades
Advanced Enzyme Technologies: Promoter Advanced Vital Enzymes sold 31.15 lakh shares between June 16-17.
Asian Granito India: Promoter Kamleshkumar Patel sold 1.50 lakh shares on June 17.
Aarti Industries: Promoter Sarla Shah sold 5,000 shares on June 14.
GHCL: Promoter Ram Krishna Dalmia Foundation sold 5,000 shares on June 16.
KEI Industries: Promoter Anil Gupta sold 4 lakh shares on June 16.
Kabra Extrusiontechnik: Promoter Kolsite Industries bought 3,000 shares between June 15-16.
Advanced Enzyme Technologies: Promoter Advanced Vital Enzymes sold 31.15 lakh shares between June 16-17.
Asian Granito India: Promoter Kamleshkumar Patel sold 1.50 lakh shares on June 17.
Aarti Industries: Promoter Sarla Shah sold 5,000 shares on June 14.
GHCL: Promoter Ram Krishna Dalmia Foundation sold 5,000 shares on June 16.
KEI Industries: Promoter Anil Gupta sold 4 lakh shares on June 16.
Kabra Extrusiontechnik: Promoter Kolsite Industries bought 3,000 shares between June 15-16.
Pledge Share Details
Chambal Fertilisers & Chemicals: Promoter Zuari Global revoked pledge of 3 lakh shares on June 16.
JSW Holdings: Promoter Siddeshwari Tradex created a pledge of 8.75 lakh shares on June 17.
Tilaknagar Industries: Promoter Amit Dahanukar revoked pledge of 15.50 lakh shares between June 11-15.
Zee Learn: Promoter Essel Media Ventures invoked pledge of 1 crore shares on June 15
Zee Media Corporation: Promoter 25FPS Media invoked pledge of 1.60 crore shares on June 15.
Chambal Fertilisers & Chemicals: Promoter Zuari Global revoked pledge of 3 lakh shares on June 16.
JSW Holdings: Promoter Siddeshwari Tradex created a pledge of 8.75 lakh shares on June 17.
Tilaknagar Industries: Promoter Amit Dahanukar revoked pledge of 15.50 lakh shares between June 11-15.
Zee Learn: Promoter Essel Media Ventures invoked pledge of 1 crore shares on June 15
Zee Media Corporation: Promoter 25FPS Media invoked pledge of 1.60 crore shares on June 15.
Stocks To Watch
Centrum Capital: Reserve Bank of India has granted in-principle approval to Centrum Financial Services to set up a small finance bank. The in-principle approval was given after Centrum Financial Services, in partnership with Bharat Pe, submitted an expression of interest for PMC Bank. The SFB will be guided by the directions and timelines of the RBI on the amalgamation of Punjab & Maharashtra Co-Operative Bank.
HDFC Bank: To buy 4.99% stake in HDFC Ergo from Housing Development Finance Corporation for Rs 1,906.43 crore. HDFC Bank to buy the 3.56 crore shares at Rs 536 per share. Transaction to be concluded on an arm's length basis as HDFC Bank is a related party for HDFC Ltd. Transaction to require regulatory approval from IRDAI and RBI. Further the bank has recommended a dividend of Rs 6.50 per share for FY21. The record date for the same is June 30.
PNB Housing Finance: SEBI has put PNB Housing Finance's preferential issue on hold. The markets regulator found that the valuation of shares undertaken by the company was "ultra vires" of Articles of Association. Preferential issue shall not be acted upon till the company undertakes the valuation of shares from
an independent registered valuer, SEBI said. PNB Housing Finance said it is evaluating further steps.
Reliance Jio Infocomm Ltd. added the most active users among peers in March as it snapped two straight months of decline. Jio added 7.3 million regularly paying subscribers, according to data released by TRAI. Bharti Airtel Ltd added 4.8 million such subscribers in March against the six-month average of 4.5 million. Vodafone Idea Ltd lost 0.4 million against an average decline of 1.4 million in the last six months.
Phillips Carbon Black: Commissioned 8 MW power plant at Mundra in Gujarat.
Adani Power: The Committee of Creditors of Essar Power MP Ltd, a company undergoing insolvency resolution under the Insolvency and Bankruptcy Code, has approved the resolution plan submitted by Adani Power.EPMPL owns a 1,200 MW power plant in Singrauli District, Madhya Pradesh. The closure of the transaction will be subject to obtaining necessary approval from the NCLT and satisfaction of conditions precedent under the resolution plan.
NBCC (India): Has awarded the work order for construction of residential towers and civic amenities at Karkardooma in New Delhi on TOD Norms, EPC mode to NCC Ltd at their quoted price of Rs 859.84 crore.
Bharat Heavy Electricals Ltd: Crisil has downgraded the rating on the long-term bank facilities of the company from AA/Negative to AA-/Negative. The rating on the short-term facilities has been reaffirmed at A1+.
ICICI Bank: S&P has reaffirmed bank’s rating at BBB- and has changed the outlook from negative to stable. According to the rating agency, ICICI Bank's capitalisation will remain strong over the next 24 months, aided by better earnings and profit from sale of stake in subsidiaries.
Jammu & Kashmir Bank: Appointed Pratik Punjabi as Chief Financial Officer of the Bank for a period of three year. Punjabi to replace Rajni Saraf as CFO.
Fine Organic Industries: Made an investment by way of acquisition of 22,500 ordinary shares at a par value of THB 100 per share in the new joint venture company, Fine Organic Industries (Thailand).
Elgi Equipments: To sell a property of Pattons Inc, USA, a material subsidiary of the company.
Earnings: Oil India, Bharat Dynamics, Info Edge (India), HBL Power Systems, Jaiprakash Associates, MM Forgings, Pearl Global Industries, Pokarna, Rico Auto Industries, SP Apparels, TCNS Clothing Co, VST Tillers Tractors
Centrum Capital: Reserve Bank of India has granted in-principle approval to Centrum Financial Services to set up a small finance bank. The in-principle approval was given after Centrum Financial Services, in partnership with Bharat Pe, submitted an expression of interest for PMC Bank. The SFB will be guided by the directions and timelines of the RBI on the amalgamation of Punjab & Maharashtra Co-Operative Bank.
HDFC Bank: To buy 4.99% stake in HDFC Ergo from Housing Development Finance Corporation for Rs 1,906.43 crore. HDFC Bank to buy the 3.56 crore shares at Rs 536 per share. Transaction to be concluded on an arm's length basis as HDFC Bank is a related party for HDFC Ltd. Transaction to require regulatory approval from IRDAI and RBI. Further the bank has recommended a dividend of Rs 6.50 per share for FY21. The record date for the same is June 30.
PNB Housing Finance: SEBI has put PNB Housing Finance's preferential issue on hold. The markets regulator found that the valuation of shares undertaken by the company was "ultra vires" of Articles of Association. Preferential issue shall not be acted upon till the company undertakes the valuation of shares from
an independent registered valuer, SEBI said. PNB Housing Finance said it is evaluating further steps.
Reliance Jio Infocomm Ltd. added the most active users among peers in March as it snapped two straight months of decline. Jio added 7.3 million regularly paying subscribers, according to data released by TRAI. Bharti Airtel Ltd added 4.8 million such subscribers in March against the six-month average of 4.5 million. Vodafone Idea Ltd lost 0.4 million against an average decline of 1.4 million in the last six months.
Phillips Carbon Black: Commissioned 8 MW power plant at Mundra in Gujarat.
Adani Power: The Committee of Creditors of Essar Power MP Ltd, a company undergoing insolvency resolution under the Insolvency and Bankruptcy Code, has approved the resolution plan submitted by Adani Power.EPMPL owns a 1,200 MW power plant in Singrauli District, Madhya Pradesh. The closure of the transaction will be subject to obtaining necessary approval from the NCLT and satisfaction of conditions precedent under the resolution plan.
NBCC (India): Has awarded the work order for construction of residential towers and civic amenities at Karkardooma in New Delhi on TOD Norms, EPC mode to NCC Ltd at their quoted price of Rs 859.84 crore.
Bharat Heavy Electricals Ltd: Crisil has downgraded the rating on the long-term bank facilities of the company from AA/Negative to AA-/Negative. The rating on the short-term facilities has been reaffirmed at A1+.
ICICI Bank: S&P has reaffirmed bank’s rating at BBB- and has changed the outlook from negative to stable. According to the rating agency, ICICI Bank's capitalisation will remain strong over the next 24 months, aided by better earnings and profit from sale of stake in subsidiaries.
Jammu & Kashmir Bank: Appointed Pratik Punjabi as Chief Financial Officer of the Bank for a period of three year. Punjabi to replace Rajni Saraf as CFO.
Fine Organic Industries: Made an investment by way of acquisition of 22,500 ordinary shares at a par value of THB 100 per share in the new joint venture company, Fine Organic Industries (Thailand).
Elgi Equipments: To sell a property of Pattons Inc, USA, a material subsidiary of the company.
Earnings: Oil India, Bharat Dynamics, Info Edge (India), HBL Power Systems, Jaiprakash Associates, MM Forgings, Pearl Global Industries, Pokarna, Rico Auto Industries, SP Apparels, TCNS Clothing Co, VST Tillers Tractors
*SGX Nifty -147 pts (15580) from last trade 15727*
Nikkei -875 pts,
Hangseng -300 pts,
Now @6.52am.
Dow -533.37 pts ,Nsdq -130.97 pts, S&P -55.47 pts, , Bovespa +348 pts , Ftse -135 pts , Dax -279 pts , Cac -97 pts , Crude @ $71.90 brl (+0.26), Brent @ $73.73 brl (+0.19) , Gold @ 1767.90 (-1.10), Silver @ $25.915 (-0.04), Euro @ $1.1871, JPY @ $110.20, INR @ 74.105
*Today's Corporate Action*
*21st Jun Ex Date*
GGENG
Stock Split From Rs.10/- to Rs.2/-
NAUKRI
Interim Dividend - Rs. - 8.0000
SKYIND
Dividend - Rs. - 1.0000
SUPREMEIND
Final Dividend - Rs. - 17.0000
*Today's Key Results/Board Meetings*
*21-Jun-21*
ABAN
Audited Results
AJCON
Audited Results
ASHSI
Audited Results
ATISHAY
Final Dividend;Audited Results
AUROLAB
Audited Results;General
AXITA
Half Yearly Results; Audited Results;General
BDL
Final Dividend;Audited Results
BLCISER
Audited Results
COMCL
Quarterly Results;Audited Results
COMFINTE
Quarterly Results;Audited Results
DECPO
Audited Results;General
DELTA
Audited Results
DISHTV
General
GDLLEAS
Audited Results
GINISILK
Audited Results
GLOBALCA
Audited Results
GOKUL
Quarterly Results
GOLKUNDIA
Final Dividend;Audited Results
GPTINFRA
Final Dividend;Audited Results
GUJHYSPIN
Half Yearly Results; Audited Results
HARIAAPL
Audited Results
HARIAEXPO
Audited Results
HBLEAS
Audited Results
HBLPOWER
Audited Results
HBSTOCK
Audited Results
HINDNATGLS
Audited Results
INTECCAP
Audited Results
JPASSOCIAT
Audited Results
KAMDHENU
Final Dividend;Audited Results
KHOOBSURAT
Audited Results
KLKELEC
Audited Results
LACTOSE
Audited Results
LEX
Audited Results;General
MAANALU
Bonus issue
MALUPAPER
Audited Results
METROGLOBL
Dividend;Audited Results
MMFL
Audited Results
MRP
Half Yearly Results; Audited Results
MSL
Quarterly Results;Audited Results
NATFIT
Final Dividend;Audited Results
NAUKRI
Audited Results
NDASEC
Audited Results
NGIL
General
ODYSSEY
Quarterly Results;Audited Results
OIL
Final Dividend;Audited Results
PEOPLIN
Audited Results
PGIL
Audited Results
POKARNA
Dividend;Audited Results
RAAJMEDI
Audited Results
RAJINFRA
Quarterly Results;Audited Results
RANASUG
Quarterly Results;Audited Results
RELCHEMQ
Quarterly Results;Final Dividend;Audited Results
RICOAUTO
Dividend;Audited Results
RUBBERPR
Quarterly Results;Audited Results
SAMKRG
General
SAMTELIN
Audited Results
SBIN
General
SHRDAIS
Audited Results
SIL
Dividend;Audited Results
SILICON
Audited Results
SJCORP
Audited Results
SMAUTO
Audited Results;General
SPAL
Interim Dividend;Audited Results
SRINACHA
Audited Results;General
SUMEETINDS
Audited Results
TALBROSENG
Dividend;Audited Results
TANTIACONS
A.G.M.;General
TCNSBRANDS
Audited Results
TRIMURTHI
Audited Results
UNJHAFOR
Audited Results
UVDRHOR
Quarterly Results;Audited Results
VINRKLB
Audited Results
VISCO
Audited Results
VIVIDIND
Quarterly Results;Audited Results;General
VSTTILLERS
Final Dividend;Audited Results
ZSUBWAYF
Audited Results
*Stock under F&O ban on NSE*
*21-Jun-21*
1ADANIPORTS
2BHEL
3PNB
4SUNTV
Nikkei -875 pts,
Hangseng -300 pts,
Now @6.52am.
Dow -533.37 pts ,Nsdq -130.97 pts, S&P -55.47 pts, , Bovespa +348 pts , Ftse -135 pts , Dax -279 pts , Cac -97 pts , Crude @ $71.90 brl (+0.26), Brent @ $73.73 brl (+0.19) , Gold @ 1767.90 (-1.10), Silver @ $25.915 (-0.04), Euro @ $1.1871, JPY @ $110.20, INR @ 74.105
*Today's Corporate Action*
*21st Jun Ex Date*
GGENG
Stock Split From Rs.10/- to Rs.2/-
NAUKRI
Interim Dividend - Rs. - 8.0000
SKYIND
Dividend - Rs. - 1.0000
SUPREMEIND
Final Dividend - Rs. - 17.0000
*Today's Key Results/Board Meetings*
*21-Jun-21*
ABAN
Audited Results
AJCON
Audited Results
ASHSI
Audited Results
ATISHAY
Final Dividend;Audited Results
AUROLAB
Audited Results;General
AXITA
Half Yearly Results; Audited Results;General
BDL
Final Dividend;Audited Results
BLCISER
Audited Results
COMCL
Quarterly Results;Audited Results
COMFINTE
Quarterly Results;Audited Results
DECPO
Audited Results;General
DELTA
Audited Results
DISHTV
General
GDLLEAS
Audited Results
GINISILK
Audited Results
GLOBALCA
Audited Results
GOKUL
Quarterly Results
GOLKUNDIA
Final Dividend;Audited Results
GPTINFRA
Final Dividend;Audited Results
GUJHYSPIN
Half Yearly Results; Audited Results
HARIAAPL
Audited Results
HARIAEXPO
Audited Results
HBLEAS
Audited Results
HBLPOWER
Audited Results
HBSTOCK
Audited Results
HINDNATGLS
Audited Results
INTECCAP
Audited Results
JPASSOCIAT
Audited Results
KAMDHENU
Final Dividend;Audited Results
KHOOBSURAT
Audited Results
KLKELEC
Audited Results
LACTOSE
Audited Results
LEX
Audited Results;General
MAANALU
Bonus issue
MALUPAPER
Audited Results
METROGLOBL
Dividend;Audited Results
MMFL
Audited Results
MRP
Half Yearly Results; Audited Results
MSL
Quarterly Results;Audited Results
NATFIT
Final Dividend;Audited Results
NAUKRI
Audited Results
NDASEC
Audited Results
NGIL
General
ODYSSEY
Quarterly Results;Audited Results
OIL
Final Dividend;Audited Results
PEOPLIN
Audited Results
PGIL
Audited Results
POKARNA
Dividend;Audited Results
RAAJMEDI
Audited Results
RAJINFRA
Quarterly Results;Audited Results
RANASUG
Quarterly Results;Audited Results
RELCHEMQ
Quarterly Results;Final Dividend;Audited Results
RICOAUTO
Dividend;Audited Results
RUBBERPR
Quarterly Results;Audited Results
SAMKRG
General
SAMTELIN
Audited Results
SBIN
General
SHRDAIS
Audited Results
SIL
Dividend;Audited Results
SILICON
Audited Results
SJCORP
Audited Results
SMAUTO
Audited Results;General
SPAL
Interim Dividend;Audited Results
SRINACHA
Audited Results;General
SUMEETINDS
Audited Results
TALBROSENG
Dividend;Audited Results
TANTIACONS
A.G.M.;General
TCNSBRANDS
Audited Results
TRIMURTHI
Audited Results
UNJHAFOR
Audited Results
UVDRHOR
Quarterly Results;Audited Results
VINRKLB
Audited Results
VISCO
Audited Results
VIVIDIND
Quarterly Results;Audited Results;General
VSTTILLERS
Final Dividend;Audited Results
ZSUBWAYF
Audited Results
*Stock under F&O ban on NSE*
*21-Jun-21*
1ADANIPORTS
2BHEL
3PNB
4SUNTV
GM jsk stock in news sail,hfcl,ntpc, sbicard,bel,centrum,cams,tcs,lupin,pvr,Inox. Negative stocks maruthi,pnbhsgpnb,satincredit. Nifty range 15475-15725
╭──────────────────╮
🌄 *S̴h̴u̴b̴o̴u̴d̴h̴a̴y̴a : 21 Jun/जेस्ट मासा (Monday) ग्रीष्म ऋतू*🙏🏻
╰──────────────────╯
*Today's top News* ➣➣➣➣➣➣➣➣➣➣➣➣
*HAPPY YOGA DAY* 💐🙏🏻🧎🏻♀️🧎🏻♂️
1. The 7th International Day of Yoga will be observed today. The main theme of International Day of Yoga, 2021 is - *Yoga for Wellness*, PM Modi will address the nation
@ 6.30 AM on all Doordarshan channels, the event will also include a live Yoga demonstration from the Morarji Desai National Institute of Yoga.
2. The Kerala state will celebrate International Yoga Day through various virtual events based on the theme 'Be at Home, be with Yoga'.
3. *India will begin its free COVID-19 vaccination drive for population above the age of 18 years from today, June 21.*
4. *Uttar Pradesh announces relaxations in lockdown restrictions from today.* As per new orders shopping malls and restaurants will be allowed to operate with 50 per cent capacity on weekdays till 9pm.
5. Few States of India, Tamil Nadu (till June 28), Uttarakhand (1 week from June 22) & Haryana (till June 28) govts on Sunday (20 June) announced the extension of Covid-19 lockdown in their states, with a some relaxation of curbs.
6. The Odisha govt plans to begin a massive vaccination drive against COVID-19 from today (21 June). The state aims to vaccinate about 3 lakh beneficiaries per day.
7. The Delhi Govt has allowed the reopening of bars, public parks and gardens from today (21 June) under a phased easing of restrictions imposed due to the second Covid wave.
8. Former Punjab Police inspector general (IG) Kunwar Vijay Pratap is likely to join the AAP in Amritsar today (21 June). AAP chief and Delhi Chief Minister Arvind Kejriwal will in Amritsar to induct the ex-cop into the party.
9. Maharashtra became the first state in the country to cross the landmark of administering 20 million vaccine doses since the drive commenced on January 16.
10. Kashmir valley railway stations, including Srinagar, integrated with rail public Wi-Fi networks.
11. Lok Janshakti Party (LJP) faction led by Chirag Paswan yesterday held party's national executive meeting in New Delhi. Mr Paswn said, that members were present at the national executive meeting condemned & opposed the use of LJP's symbol and name by expelled members.
12. *Born Today:* Wing Commander Abhinandan Varthaman VrC (born 21 June 1983) is an Indian Air Force officer. In the 2019 India-Pakistan standoff, he was held captive for 60 hours in Pakistan after his aircraft was shot down in an aerial dogfight. He was conferred the Vir Chakra gallantry award in August 2019.
*✈INTERNATIONAL NEWS*
1. Today Yoga Day will be observed in about 190 countries globally.
2. Seventh International Day of Yoga was celebrated at Indian Embassy in Beijing with great fervor yesterday. More than 500 people including many Chinese yoga enthusiasts and diplomats gathered at India House to participate in the event.
3. India will host a 2 days summit on Green Hydrogen Initiatives starting Tuesday (22 June- 23 June) involving the BRICS nations. The prestigious event offers a platform to share their respective Green Hydrogen initiatives & views on how to take it to the next level in their own countries. The online event will be anchored by India’s largest power producer & one of the global energy majors, NTPC Ltd.
4. India has dismissed criticism of its new IT rules relating to social media by three UN special rapporteurs on rights issues saying the country's democratic credentials are well recognised & the right to freedom of speech & expression is guaranteed under its Constitution.
5. *Born Today*: General Hastings Lionel Ismay, 1st Baron Ismay (21 June 1887 – 17 December 1965),
British army officer and diplomat, 1st Secretary General of NATO. He was remembered primarily for his role as Winston Churchill's chief military assistant during the 2nd World War & his service as the first Secretary General of NATO from 1952 to 1957.
🌄 *S̴h̴u̴b̴o̴u̴d̴h̴a̴y̴a : 21 Jun/जेस्ट मासा (Monday) ग्रीष्म ऋतू*🙏🏻
╰──────────────────╯
*Today's top News* ➣➣➣➣➣➣➣➣➣➣➣➣
*HAPPY YOGA DAY* 💐🙏🏻🧎🏻♀️🧎🏻♂️
1. The 7th International Day of Yoga will be observed today. The main theme of International Day of Yoga, 2021 is - *Yoga for Wellness*, PM Modi will address the nation
@ 6.30 AM on all Doordarshan channels, the event will also include a live Yoga demonstration from the Morarji Desai National Institute of Yoga.
2. The Kerala state will celebrate International Yoga Day through various virtual events based on the theme 'Be at Home, be with Yoga'.
3. *India will begin its free COVID-19 vaccination drive for population above the age of 18 years from today, June 21.*
4. *Uttar Pradesh announces relaxations in lockdown restrictions from today.* As per new orders shopping malls and restaurants will be allowed to operate with 50 per cent capacity on weekdays till 9pm.
5. Few States of India, Tamil Nadu (till June 28), Uttarakhand (1 week from June 22) & Haryana (till June 28) govts on Sunday (20 June) announced the extension of Covid-19 lockdown in their states, with a some relaxation of curbs.
6. The Odisha govt plans to begin a massive vaccination drive against COVID-19 from today (21 June). The state aims to vaccinate about 3 lakh beneficiaries per day.
7. The Delhi Govt has allowed the reopening of bars, public parks and gardens from today (21 June) under a phased easing of restrictions imposed due to the second Covid wave.
8. Former Punjab Police inspector general (IG) Kunwar Vijay Pratap is likely to join the AAP in Amritsar today (21 June). AAP chief and Delhi Chief Minister Arvind Kejriwal will in Amritsar to induct the ex-cop into the party.
9. Maharashtra became the first state in the country to cross the landmark of administering 20 million vaccine doses since the drive commenced on January 16.
10. Kashmir valley railway stations, including Srinagar, integrated with rail public Wi-Fi networks.
11. Lok Janshakti Party (LJP) faction led by Chirag Paswan yesterday held party's national executive meeting in New Delhi. Mr Paswn said, that members were present at the national executive meeting condemned & opposed the use of LJP's symbol and name by expelled members.
12. *Born Today:* Wing Commander Abhinandan Varthaman VrC (born 21 June 1983) is an Indian Air Force officer. In the 2019 India-Pakistan standoff, he was held captive for 60 hours in Pakistan after his aircraft was shot down in an aerial dogfight. He was conferred the Vir Chakra gallantry award in August 2019.
*✈INTERNATIONAL NEWS*
1. Today Yoga Day will be observed in about 190 countries globally.
2. Seventh International Day of Yoga was celebrated at Indian Embassy in Beijing with great fervor yesterday. More than 500 people including many Chinese yoga enthusiasts and diplomats gathered at India House to participate in the event.
3. India will host a 2 days summit on Green Hydrogen Initiatives starting Tuesday (22 June- 23 June) involving the BRICS nations. The prestigious event offers a platform to share their respective Green Hydrogen initiatives & views on how to take it to the next level in their own countries. The online event will be anchored by India’s largest power producer & one of the global energy majors, NTPC Ltd.
4. India has dismissed criticism of its new IT rules relating to social media by three UN special rapporteurs on rights issues saying the country's democratic credentials are well recognised & the right to freedom of speech & expression is guaranteed under its Constitution.
5. *Born Today*: General Hastings Lionel Ismay, 1st Baron Ismay (21 June 1887 – 17 December 1965),
British army officer and diplomat, 1st Secretary General of NATO. He was remembered primarily for his role as Winston Churchill's chief military assistant during the 2nd World War & his service as the first Secretary General of NATO from 1952 to 1957.
*Ismay was born in Nainital, India, in 1887* , and educated in the United Kingdom at the Charterhouse School and Royal Military College, Sandhurst.
*🌎WORLD NEWS🌍*
1. US President Joe Biden plans to host Israel's president, Reuven Rivlin, at the White House on 28 June. President Rivlin's visit will highlight the enduring partnership between US & Israel & the deep ties between governments & people of both the countries. Rivlin will visit shortly before he is due to end his seven-year term in July.
2. Isaac Herzog was Israel's elected new president. The current president is Reuven Rivlin, who took office on 24 July 2014. Presidents are elected by the Knesset for a single seven-year term.
3. The number of deaths related to COVID-19 has passed nearly Five Lakhs in Brazil, the second-highest in the world. President Bolsonaro has been heavily criticised for not implementing a co-ordinated national response and for his scepticism toward vaccines.
4. The Asian Development Bank (ADB) on 18 June approved a USD 250 million loan to Bangladesh to help finance reforms. The Asian Development Bank (ADB) is a regional development bank established on 19 December 1966.
*🚣🚴🏇🏁🏊Sports:*
1. Govt announced establishment of 5 Divyangta Khel Kendras in different parts of country. The decision has been taken looking at the interest towards the sports among the Divyangjan & their good performance in Paralympics.
2. India vs New Zealand, WTC Final Highlights, Day 3: New Zealand dismissed India for 217 runs with Kyle Jamieson picking up five wickets. New Zealand managed to score 101/2 at the end of day 3's play with Conway scoring a 50.
*IND vs NZ Cricket*
INDIA
1ST INN 217/10
(92.1) RR 2.35
NEW ZEALAND
1ST INN 101/2
(49.0) RR 2.06
3. The Indian cricket board on Sunday (20 June) pledged a donation of Rs 10 crore for the training & preparations of the country's Olympic-bound athletes. The summer Olympics is scheduled to be held in Tokyo from 23 July to 8th August 2021.
4. India's star all-rounder Sneh Rana (27) has become the first Indian woman cricketer to score more than 50 runs & take four wickets in a debut Test in the one-off Test match played against England. She is the fourth female cricketer in the world to achieve this feat in a debut Test.
*USD 74.12 💷GBP 102.040*
_In Mumbai(MH)_
*🥇Gold ₹49,420©10 gm 24 (Krt)*
🥈 *Silver ₹70,300©Kg*
⛽ *Petrol ₹ 103.36*
⛽ *Diesel ₹ 95.44*
*LPG : ₹ 809/14.2 Kg*
*BSE Sensex* 52,344.45
*NIFTY* : 15,683.4
Ⓝⓐⓥⓔⓔⓝ Ⓚⓤⓜⓐⓡ
*🇮🇳Facts about India🇮🇳*
International Day of Yoga, or commonly and unofficially referred to as Yoga Day, is celebrated annually on 21 June since its inception in 2015. An international day for yoga was declared unanimously by the United Nations General Assembly.
*Yoga (योगः)* means Union, the act, process or result of joining or connecting one entity to another. Word Yoga is derived from the Sanskrit root ‘yuj’ (युज्).
*😀Thought of the day*
Anyone who practices can obtain success in yoga but not one who is lazy. Constant practice alone is the secret of success.
The body is your temple. Keep it pure and clean for the soul to reside in.
*Joke of the day*
A women 👰🏻worries about her future until she gets a husband.
A man💁🏻♂️ never worries about his future until he gets a wife😆🤣
*😳Why❓❓❓*
*Why Yoga day is celebrated on 21 June*
June 21 is the day of the Summer Solstice, when the tilt of a planet's axis in the northern hemisphere is most inclined toward the star that it orbits - in our case, the Earth and the Sun.
June 21 is considered the longest day of the year with the sun rising early and setting late for the northern hemisphere. Many countries from Canada to Iran mark this day with festivities.
But science aside, the summer solstice is also considered an important day in Indian mythology as it marks an event that could be considered the start of Yogic science.
*LEARN Sanskrit*🙏🏻
Surya ( *सूर्य* ) is a Sanskrit word that means the Sun.
*🌎WORLD NEWS🌍*
1. US President Joe Biden plans to host Israel's president, Reuven Rivlin, at the White House on 28 June. President Rivlin's visit will highlight the enduring partnership between US & Israel & the deep ties between governments & people of both the countries. Rivlin will visit shortly before he is due to end his seven-year term in July.
2. Isaac Herzog was Israel's elected new president. The current president is Reuven Rivlin, who took office on 24 July 2014. Presidents are elected by the Knesset for a single seven-year term.
3. The number of deaths related to COVID-19 has passed nearly Five Lakhs in Brazil, the second-highest in the world. President Bolsonaro has been heavily criticised for not implementing a co-ordinated national response and for his scepticism toward vaccines.
4. The Asian Development Bank (ADB) on 18 June approved a USD 250 million loan to Bangladesh to help finance reforms. The Asian Development Bank (ADB) is a regional development bank established on 19 December 1966.
*🚣🚴🏇🏁🏊Sports:*
1. Govt announced establishment of 5 Divyangta Khel Kendras in different parts of country. The decision has been taken looking at the interest towards the sports among the Divyangjan & their good performance in Paralympics.
2. India vs New Zealand, WTC Final Highlights, Day 3: New Zealand dismissed India for 217 runs with Kyle Jamieson picking up five wickets. New Zealand managed to score 101/2 at the end of day 3's play with Conway scoring a 50.
*IND vs NZ Cricket*
INDIA
1ST INN 217/10
(92.1) RR 2.35
NEW ZEALAND
1ST INN 101/2
(49.0) RR 2.06
3. The Indian cricket board on Sunday (20 June) pledged a donation of Rs 10 crore for the training & preparations of the country's Olympic-bound athletes. The summer Olympics is scheduled to be held in Tokyo from 23 July to 8th August 2021.
4. India's star all-rounder Sneh Rana (27) has become the first Indian woman cricketer to score more than 50 runs & take four wickets in a debut Test in the one-off Test match played against England. She is the fourth female cricketer in the world to achieve this feat in a debut Test.
*USD 74.12 💷GBP 102.040*
_In Mumbai(MH)_
*🥇Gold ₹49,420©10 gm 24 (Krt)*
🥈 *Silver ₹70,300©Kg*
⛽ *Petrol ₹ 103.36*
⛽ *Diesel ₹ 95.44*
*LPG : ₹ 809/14.2 Kg*
*BSE Sensex* 52,344.45
*NIFTY* : 15,683.4
Ⓝⓐⓥⓔⓔⓝ Ⓚⓤⓜⓐⓡ
*🇮🇳Facts about India🇮🇳*
International Day of Yoga, or commonly and unofficially referred to as Yoga Day, is celebrated annually on 21 June since its inception in 2015. An international day for yoga was declared unanimously by the United Nations General Assembly.
*Yoga (योगः)* means Union, the act, process or result of joining or connecting one entity to another. Word Yoga is derived from the Sanskrit root ‘yuj’ (युज्).
*😀Thought of the day*
Anyone who practices can obtain success in yoga but not one who is lazy. Constant practice alone is the secret of success.
The body is your temple. Keep it pure and clean for the soul to reside in.
*Joke of the day*
A women 👰🏻worries about her future until she gets a husband.
A man💁🏻♂️ never worries about his future until he gets a wife😆🤣
*😳Why❓❓❓*
*Why Yoga day is celebrated on 21 June*
June 21 is the day of the Summer Solstice, when the tilt of a planet's axis in the northern hemisphere is most inclined toward the star that it orbits - in our case, the Earth and the Sun.
June 21 is considered the longest day of the year with the sun rising early and setting late for the northern hemisphere. Many countries from Canada to Iran mark this day with festivities.
But science aside, the summer solstice is also considered an important day in Indian mythology as it marks an event that could be considered the start of Yogic science.
*LEARN Sanskrit*🙏🏻
Surya ( *सूर्य* ) is a Sanskrit word that means the Sun.
Synonyms of Surya in ancient Indian literature include Aditya, Arka, Bhanu, Savitr, Pushan, Ravi, Martanda, Mitra, Bhaskara Vivasvan.
Divakara, Savitriya & Hiranyagarba
🤔 *How it works* ⁉
*How toned milk is prepared...*
Toned milk is made by diluting full-fat buffalo milk with skim milk & water to reduce its fat. The process retains nutrients like calcium, potassium, B vitamins, & protein, making the product nutritionally similar to cow's milk. In moderation, toned milk may offer the same benefits as other dairy products.
Note.: Excessive intake of dairy products could pose some health risks, so practice moderation and ensure a balanced diet.
💁🏻♂️ *GK TODAY*
Bhāskara (c. 600 – c. 680) commonly called Bhaskara I. who was the first to write numbers in the Hindu decimal system with a circle for the zero, and who gave a unique and remarkable rational approximation of the sine function in his commentary on Aryabhata's work.
🛕 *VEDIK GYAN*
Hanuman Chalisa was written by Sant Kavi Tulsidas back in the 15th century in the Awadhi language, and is his best known text apart from the Ramcharitmanas.
It also indicates accurate distance between Sun and earth....just think How it could be possible... Without any Modern telescope...Or other equipment....But in those days.... Rishi and sant have the knowledge of predictions.
Below lines gives distance between Sun Earth.....
Yug sahastra yojan per Bhanu!*
*Leelyo taahi madhur phal janu!!
1 Yug = 12000 years
1 Sahastra = 1000
1 Yojan = 8 Miles
Yug x Sahastra x Yojan = par Bhanu
12000 x 1000 x 8 miles = 96,000,000 miles
1 mile = 1.6kms
96,000,000 miles x 1.6kms = 1,536,000,000 kms / 96,000,000 miles to Sun
💁🏻♂️It was the calculation distance between the Sun and Earth
But people believed only after NASA has said that, it is the exact distance between Earth and Sun (Bhanu)🙏🏻🤦🏻♂️
Bhaskara I and others, the value of the earth’s diameter is given as 1,050 yojanas, which translates to 3,300 yojanas as the equatorial circumference (based on Aryabhata’s extremely accurate value of pi, 3.1416).
🧬 *HEALTH CARE:© HOME REMEDIES*🩺
( *Note* : These home tips followed in villages/ancient traditions, it is up to you to use it or not🙏🏻)
*Bitter Gourd (करेला)* is a good source of nutrients like fiber, vitamin C, folate and vitamin A. It has been shown to improve several markers of long-term blood sugar control.
*Regards*
╭──────────────────╮
*🙏PLZ FOLLOW GOVT. NORMS, MAINT SOCIAL DISTANCE, KEEP YOURSELF ©YOUR FAMILY SAFE🌼*
╰──────────────────╯
Divakara, Savitriya & Hiranyagarba
🤔 *How it works* ⁉
*How toned milk is prepared...*
Toned milk is made by diluting full-fat buffalo milk with skim milk & water to reduce its fat. The process retains nutrients like calcium, potassium, B vitamins, & protein, making the product nutritionally similar to cow's milk. In moderation, toned milk may offer the same benefits as other dairy products.
Note.: Excessive intake of dairy products could pose some health risks, so practice moderation and ensure a balanced diet.
💁🏻♂️ *GK TODAY*
Bhāskara (c. 600 – c. 680) commonly called Bhaskara I. who was the first to write numbers in the Hindu decimal system with a circle for the zero, and who gave a unique and remarkable rational approximation of the sine function in his commentary on Aryabhata's work.
🛕 *VEDIK GYAN*
Hanuman Chalisa was written by Sant Kavi Tulsidas back in the 15th century in the Awadhi language, and is his best known text apart from the Ramcharitmanas.
It also indicates accurate distance between Sun and earth....just think How it could be possible... Without any Modern telescope...Or other equipment....But in those days.... Rishi and sant have the knowledge of predictions.
Below lines gives distance between Sun Earth.....
Yug sahastra yojan per Bhanu!*
*Leelyo taahi madhur phal janu!!
1 Yug = 12000 years
1 Sahastra = 1000
1 Yojan = 8 Miles
Yug x Sahastra x Yojan = par Bhanu
12000 x 1000 x 8 miles = 96,000,000 miles
1 mile = 1.6kms
96,000,000 miles x 1.6kms = 1,536,000,000 kms / 96,000,000 miles to Sun
💁🏻♂️It was the calculation distance between the Sun and Earth
But people believed only after NASA has said that, it is the exact distance between Earth and Sun (Bhanu)🙏🏻🤦🏻♂️
Bhaskara I and others, the value of the earth’s diameter is given as 1,050 yojanas, which translates to 3,300 yojanas as the equatorial circumference (based on Aryabhata’s extremely accurate value of pi, 3.1416).
🧬 *HEALTH CARE:© HOME REMEDIES*🩺
( *Note* : These home tips followed in villages/ancient traditions, it is up to you to use it or not🙏🏻)
*Bitter Gourd (करेला)* is a good source of nutrients like fiber, vitamin C, folate and vitamin A. It has been shown to improve several markers of long-term blood sugar control.
*Regards*
╭──────────────────╮
*🙏PLZ FOLLOW GOVT. NORMS, MAINT SOCIAL DISTANCE, KEEP YOURSELF ©YOUR FAMILY SAFE🌼*
╰──────────────────╯