*Sterling and Wilson Solar Ltd.* | *CMP* Rs. 262 | *M Cap* Rs. 4201 Cr | *52 W H/L* 344/184
(Nirmal Bang Retail Research)
*Result declining* Company reported large loss on account of higher cost of construction material
Revenue from Operations came at Rs. 1364.5 Cr (4% QoQ, -33.8% YoY) vs QoQ Rs. 1311.7 Cr, YoY Rs. 2060.6 Cr
EBIDTA came at Rs. -424.3 Cr (-3038.4% QoQ, -417.7% YoY) vs QoQ Rs. 14.4 Cr, YoY Rs. 133.6 Cr
EBITDA Margin came at -31.1% vs QoQ 1.1%, YoY 6.5%
Adj. PAT came at Rs. -346.9 Cr vs QoQ Rs. 21.6 Cr, YoY Rs. 132.3 Cr
Quarter EPS is Rs. -21.6
Share is trading at P/E of -14.7x TTM EPS
(Nirmal Bang Retail Research)
*Result declining* Company reported large loss on account of higher cost of construction material
Revenue from Operations came at Rs. 1364.5 Cr (4% QoQ, -33.8% YoY) vs QoQ Rs. 1311.7 Cr, YoY Rs. 2060.6 Cr
EBIDTA came at Rs. -424.3 Cr (-3038.4% QoQ, -417.7% YoY) vs QoQ Rs. 14.4 Cr, YoY Rs. 133.6 Cr
EBITDA Margin came at -31.1% vs QoQ 1.1%, YoY 6.5%
Adj. PAT came at Rs. -346.9 Cr vs QoQ Rs. 21.6 Cr, YoY Rs. 132.3 Cr
Quarter EPS is Rs. -21.6
Share is trading at P/E of -14.7x TTM EPS
*Hi-Tech Gears Ltd.* | *CMP* Rs. 259 | *M Cap* Rs. 486 Cr | *52 W H/L* 266/95
(Nirmal Bang Retail Research)
*Result improved*
Revenue from Operations came at Rs. 249.6 Cr (11.5% QoQ, 55.5% YoY) vs QoQ Rs. 223.8 Cr, YoY Rs. 160.5 Cr
EBIDTA came at Rs. 41.4 Cr (70.3% QoQ, 157.9% YoY) vs QoQ Rs. 24.3 Cr, YoY Rs. 16.1 Cr
EBITDA Margin came at 16.6% vs QoQ 10.9%, YoY 10%
Adj. PAT came at Rs. 28.7 Cr vs QoQ Rs. 4.1 Cr, YoY Rs. -5.2 Cr
Quarter EPS is Rs. 15.3
Share is trading at P/E of 16.9x TTM EPS
(Nirmal Bang Retail Research)
*Result improved*
Revenue from Operations came at Rs. 249.6 Cr (11.5% QoQ, 55.5% YoY) vs QoQ Rs. 223.8 Cr, YoY Rs. 160.5 Cr
EBIDTA came at Rs. 41.4 Cr (70.3% QoQ, 157.9% YoY) vs QoQ Rs. 24.3 Cr, YoY Rs. 16.1 Cr
EBITDA Margin came at 16.6% vs QoQ 10.9%, YoY 10%
Adj. PAT came at Rs. 28.7 Cr vs QoQ Rs. 4.1 Cr, YoY Rs. -5.2 Cr
Quarter EPS is Rs. 15.3
Share is trading at P/E of 16.9x TTM EPS
*Vindhya Telelinks Ltd.* | *CMP* Rs. 1232 | *M Cap* Rs. 1460 Cr | *52 W H/L* 1265/620
(Nirmal Bang Retail Research)
*Result improved*
Revenue from Operations came at Rs. 556.6 Cr (65.1% QoQ, 21.2% YoY) vs QoQ Rs. 337.2 Cr, YoY Rs. 459.1 Cr
EBIDTA came at Rs. 86.4 Cr (102.2% QoQ, 37.5% YoY) vs QoQ Rs. 42.7 Cr, YoY Rs. 62.8 Cr
EBITDA Margin came at 15.5% vs QoQ 12.7%, YoY 13.7%
Adj. PAT came at Rs. 45 Cr vs QoQ Rs. 13.7 Cr, YoY Rs. 28.2 Cr
Quarter EPS is Rs. 38
Share is trading at P/E of 14.1x TTM EPS
(Nirmal Bang Retail Research)
*Result improved*
Revenue from Operations came at Rs. 556.6 Cr (65.1% QoQ, 21.2% YoY) vs QoQ Rs. 337.2 Cr, YoY Rs. 459.1 Cr
EBIDTA came at Rs. 86.4 Cr (102.2% QoQ, 37.5% YoY) vs QoQ Rs. 42.7 Cr, YoY Rs. 62.8 Cr
EBITDA Margin came at 15.5% vs QoQ 12.7%, YoY 13.7%
Adj. PAT came at Rs. 45 Cr vs QoQ Rs. 13.7 Cr, YoY Rs. 28.2 Cr
Quarter EPS is Rs. 38
Share is trading at P/E of 14.1x TTM EPS
*GUJARAT SIDHEE CEMENT LTD.* | *CMP* Rs. 45 | *M Cap* Rs. 400 Cr | *52 W H/L* 52/23
(Nirmal Bang Retail Research)
*Result improved*
Revenue from Operations came at Rs. 194.4 Cr (26.2% QoQ, 17.5% YoY) vs QoQ Rs. 154 Cr, YoY Rs. 165.5 Cr
EBIDTA came at Rs. 33.9 Cr (2007% QoQ, 28.8% YoY) vs QoQ Rs. 1.6 Cr, YoY Rs. 26.3 Cr
EBITDA Margin came at 17.4% vs QoQ 1%, YoY 15.9%
Adj. PAT came at Rs. 19.6 Cr vs QoQ Rs. -0.1 Cr, YoY Rs. 16.3 Cr
Quarter EPS is Rs. 2.2
Share is trading at P/E of 13.6x TTM EPS
(Nirmal Bang Retail Research)
*Result improved*
Revenue from Operations came at Rs. 194.4 Cr (26.2% QoQ, 17.5% YoY) vs QoQ Rs. 154 Cr, YoY Rs. 165.5 Cr
EBIDTA came at Rs. 33.9 Cr (2007% QoQ, 28.8% YoY) vs QoQ Rs. 1.6 Cr, YoY Rs. 26.3 Cr
EBITDA Margin came at 17.4% vs QoQ 1%, YoY 15.9%
Adj. PAT came at Rs. 19.6 Cr vs QoQ Rs. -0.1 Cr, YoY Rs. 16.3 Cr
Quarter EPS is Rs. 2.2
Share is trading at P/E of 13.6x TTM EPS
*Techno Electric & Engineering Company Ltd.* | *CMP* Rs. 336 | *M Cap* Rs. 3696 Cr | *52 W H/L* 355/170
(Nirmal Bang Retail Research)
*Result is below expectation*
Revenue from Operations came at Rs. 214.8 Cr (-13.2% QoQ, 88.3% YoY) vs expectation of Rs. 344.4 Cr, QoQ Rs. 247.6 Cr, YoY Rs. 114.1 Cr
EBIDTA came at Rs. 19 Cr (-75.5% QoQ, 193.2% YoY) vs expectation of Rs. 67.7 Cr, QoQ Rs. 77.5 Cr, YoY Rs. 6.5 Cr
EBITDA Margin came at 8.8% vs expectation of 19.7%, QoQ 31.3%, YoY 5.7%
Adj. PAT came at Rs. 9.4 Cr vs expectation of Rs. 50.8 Cr, QoQ Rs. 56 Cr, YoY Rs. 3.4 Cr
Quarter EPS is Rs. 0.9
Share is trading at P/E of 16.2x FY22E EPS
(Nirmal Bang Retail Research)
*Result is below expectation*
Revenue from Operations came at Rs. 214.8 Cr (-13.2% QoQ, 88.3% YoY) vs expectation of Rs. 344.4 Cr, QoQ Rs. 247.6 Cr, YoY Rs. 114.1 Cr
EBIDTA came at Rs. 19 Cr (-75.5% QoQ, 193.2% YoY) vs expectation of Rs. 67.7 Cr, QoQ Rs. 77.5 Cr, YoY Rs. 6.5 Cr
EBITDA Margin came at 8.8% vs expectation of 19.7%, QoQ 31.3%, YoY 5.7%
Adj. PAT came at Rs. 9.4 Cr vs expectation of Rs. 50.8 Cr, QoQ Rs. 56 Cr, YoY Rs. 3.4 Cr
Quarter EPS is Rs. 0.9
Share is trading at P/E of 16.2x FY22E EPS
ITC going big in Biscuit Industry
- Sunfeast takes on popular Bangladeshi biscuit brand Pran Potata Spicy Biscuit
- ITC increase competition in the Rs 6,000 crore cracker biscuits category
- Pran's products largely sell in north-east and West Bengal
- Pran's potato biscuit brand has pan-India sales
- ITC’s potato biscuit will be available first in south India, West Bengal and markets in north-eastern states
- With the launch of Sunfeast All Rounder, ITC wants to re-define the consumer experience within biscuits & particularly the cracker segment
- Sunfeast takes on popular Bangladeshi biscuit brand Pran Potata Spicy Biscuit
- ITC increase competition in the Rs 6,000 crore cracker biscuits category
- Pran's products largely sell in north-east and West Bengal
- Pran's potato biscuit brand has pan-India sales
- ITC’s potato biscuit will be available first in south India, West Bengal and markets in north-eastern states
- With the launch of Sunfeast All Rounder, ITC wants to re-define the consumer experience within biscuits & particularly the cracker segment
Financial News Bulletin Dt.30th June, 2021 forwarded by Allahabad Bank Employees' Union-APTS- affiliated to All India Bank Employees' Association (AIBEA)
The RBI asked co-operative banks to ensure that their outsourcing arrangements do not diminish their ability to fulfil their obligations to customers and the RBI. Further, such arrangements should not impede effective supervision by the RBI / NABARD. “Co-operative banks, therefore, have to take steps to ensure that the service provider employs the same high standard of care in performing the services as would be employed by them, if the activities were conducted by the banks and not outsourced,” said the RBI in its ‘Guidelines for Managing Risk in Outsourcing of Financial Services by Co-operative Banks’.
-Business Line
The the huge slowdown in credit offtake is worrying banking sector with growth in hit due to lack of investments from the private sector and low capital expenditure by corporates, said V S Radhakrishnan, Deputy Managing Director at SBI. Deposit growth has been close to 10% in May 2021 as customers opt for savings rather than consumption.
-Business Line
Banks have so far lent 90% of the Rs 3 lakh crore under emergency credit line guarantee scheme announced last year to help small businesses tide over the pandemic, according to a report by Crisil. On Monday, the Govt expanded the emergency credit line guarantee scheme (ECLGS) by another Rs 1.5 lakh Cr, which Crisil feels will help alleviate the potential stress on asset quality of banks arising from the second wave of the pandemic.
-Economic Times
The SBI will levy charges for cash withdrawal beyond 4 free transactions in a month from customers holding the basic savings bank deposit (BSBD) accounts. These customers will also be levied charges for cheque book beyond 10 leaves in a year. As per the revision in service charges for BSBD accounts, SBI will levy charges ranging from Rs 15 to Rs 75 for the "additional value added services" with effect from July 1, 2021.
-Business Standard
Axis Bank has selected Amazon Web Services (AWS) to accelerate its digital transformation programme. “As part of a multi-year agreement, Axis Bank will draw on the breadth and depth of AWS services, including containers, database, and compute, to build a portfolio of new digital financial services to bring advanced banking experiences to customers, including online accounts that can be opened in under 6 minutes and instant digital payments, helping the bank increase customer satisfaction by 35% and lower costs by 24%,” AWS, an Amazon.com Co, said in a statement today.
-Business Line
RBL Bank has appointed Chandan Sinha and Manjeev Singh Puri to its board of directors. Sinha is a career central banker and industry veteran with over 40 years of experience and Puri is a former senior Indian diplomat and India’s ambassador to several countries with over 38 years of experience.
-Business Line
Ujjivan Small Finance Bank has partnered with digital lender LoanTap to provide personal loans to salaried professionals. “This is part of Ujjivan SFB’s API banking initiative, through which over 150 APIs are available offering fast and secure tie-ups for digital lending and digital liabilities, payments to fintechs,” it said in a statement today.
-Business Line
The SEBI today approved amendments to key regulations pertaining to accredited investors, independent directors and reward for whistleblowers. The amendments issued by Sebi also covers asset management companies, audit committees, real estate investment trusts (REITs) and infrastructure investment trusts (InvITs), among others.
-moneycontrol.com
NITI Aayog today released a comprehensive study on the 'not-for-profit' hospital model in the country, in a step towards closing the information gap on such institutions and facilitating robust policymaking in this area. The not-for-profit hospital sector provides not only curative but also preventive healthcare. It links healthcare with social reform, community engagement, and education.
The RBI asked co-operative banks to ensure that their outsourcing arrangements do not diminish their ability to fulfil their obligations to customers and the RBI. Further, such arrangements should not impede effective supervision by the RBI / NABARD. “Co-operative banks, therefore, have to take steps to ensure that the service provider employs the same high standard of care in performing the services as would be employed by them, if the activities were conducted by the banks and not outsourced,” said the RBI in its ‘Guidelines for Managing Risk in Outsourcing of Financial Services by Co-operative Banks’.
-Business Line
The the huge slowdown in credit offtake is worrying banking sector with growth in hit due to lack of investments from the private sector and low capital expenditure by corporates, said V S Radhakrishnan, Deputy Managing Director at SBI. Deposit growth has been close to 10% in May 2021 as customers opt for savings rather than consumption.
-Business Line
Banks have so far lent 90% of the Rs 3 lakh crore under emergency credit line guarantee scheme announced last year to help small businesses tide over the pandemic, according to a report by Crisil. On Monday, the Govt expanded the emergency credit line guarantee scheme (ECLGS) by another Rs 1.5 lakh Cr, which Crisil feels will help alleviate the potential stress on asset quality of banks arising from the second wave of the pandemic.
-Economic Times
The SBI will levy charges for cash withdrawal beyond 4 free transactions in a month from customers holding the basic savings bank deposit (BSBD) accounts. These customers will also be levied charges for cheque book beyond 10 leaves in a year. As per the revision in service charges for BSBD accounts, SBI will levy charges ranging from Rs 15 to Rs 75 for the "additional value added services" with effect from July 1, 2021.
-Business Standard
Axis Bank has selected Amazon Web Services (AWS) to accelerate its digital transformation programme. “As part of a multi-year agreement, Axis Bank will draw on the breadth and depth of AWS services, including containers, database, and compute, to build a portfolio of new digital financial services to bring advanced banking experiences to customers, including online accounts that can be opened in under 6 minutes and instant digital payments, helping the bank increase customer satisfaction by 35% and lower costs by 24%,” AWS, an Amazon.com Co, said in a statement today.
-Business Line
RBL Bank has appointed Chandan Sinha and Manjeev Singh Puri to its board of directors. Sinha is a career central banker and industry veteran with over 40 years of experience and Puri is a former senior Indian diplomat and India’s ambassador to several countries with over 38 years of experience.
-Business Line
Ujjivan Small Finance Bank has partnered with digital lender LoanTap to provide personal loans to salaried professionals. “This is part of Ujjivan SFB’s API banking initiative, through which over 150 APIs are available offering fast and secure tie-ups for digital lending and digital liabilities, payments to fintechs,” it said in a statement today.
-Business Line
The SEBI today approved amendments to key regulations pertaining to accredited investors, independent directors and reward for whistleblowers. The amendments issued by Sebi also covers asset management companies, audit committees, real estate investment trusts (REITs) and infrastructure investment trusts (InvITs), among others.
-moneycontrol.com
NITI Aayog today released a comprehensive study on the 'not-for-profit' hospital model in the country, in a step towards closing the information gap on such institutions and facilitating robust policymaking in this area. The not-for-profit hospital sector provides not only curative but also preventive healthcare. It links healthcare with social reform, community engagement, and education.
This 7 days safety assessment requirement is meant to speed up the roll out in case of vaccines that are already approved by US-FDA for emergency use. Moderna will be the fourth COVID-19 vaccine available in India after Covishield, Covaxin and Sputnik.
IPO ALERT
GR INFRAPROJECTS
DATE 7 to 9 JULY , 2021
EXPECTED PRICE BAND 828-837
EXPECTED LOT SIZE 17
Fwd
GR INFRAPROJECTS
DATE 7 to 9 JULY , 2021
EXPECTED PRICE BAND 828-837
EXPECTED LOT SIZE 17
Fwd
Securities in Ban For Trade Date 30-June-2021:
NATIONALUM
*Added - No*
*Deleted-No*
NATIONALUM
*Added - No*
*Deleted-No*
World Markets
Dow + 9
Nasdaq + 28
Dax + 136
Nikkei + 20
Hangseng + 112
Sgxnifty + 30 (15825)
Brent Crude 74.7
Dow Fut + 33
Dollar Index 92.06
Dow + 9
Nasdaq + 28
Dax + 136
Nikkei + 20
Hangseng + 112
Sgxnifty + 30 (15825)
Brent Crude 74.7
Dow Fut + 33
Dollar Index 92.06
Pledge Share Details
Adani Ports and SEZ: Promoter group (Gautam Adani and Rajesh Adani) revoked pledge of 25,000 shares on June 28.
Asahi India Glass: Promoter Sanjay Labroo created a pledge of 1.50 lakh shares on June 25.
Emami: Promoter Sneha Enclave revoked pledge of 2 lakh shares on June 24.
Jindal Steel & Power: Promoter Siddeshwari Tradex created a pledge of 14 lakh shares on June 24.
Adani Ports and SEZ: Promoter group (Gautam Adani and Rajesh Adani) revoked pledge of 25,000 shares on June 28.
Asahi India Glass: Promoter Sanjay Labroo created a pledge of 1.50 lakh shares on June 25.
Emami: Promoter Sneha Enclave revoked pledge of 2 lakh shares on June 24.
Jindal Steel & Power: Promoter Siddeshwari Tradex created a pledge of 14 lakh shares on June 24.
Who’s Meeting Whom
Tata Consumer Products: To meet JPMorgan India and M&G Investments on June 30.
Craftsman Automation: To meet Motilal Oswal Mutual Fund on June 30.
Punjab Chemicals and Crop Protection: To meet UTI MF on June 30.
Tata Consumer Products: To meet JPMorgan India and M&G Investments on June 30.
Craftsman Automation: To meet Motilal Oswal Mutual Fund on June 30.
Punjab Chemicals and Crop Protection: To meet UTI MF on June 30.
*SGX Nifty +25 pts (15820) from last trade 15795 ,*
Nikkei +29 pts ,
Hangseng +114 pts ,
Now @7.00am .
Dow +9.02 pts ,Nsdq +27.83 pts, S&P
+1.19 pts, , Bovespa -101 pts , Ftse +14 pts , Dax +136 pts , Cac +9 pts , Crude @ $73.47 brl (+0.49), Brent @ $74.76 brl (+0.00) , Gold @ 1761.60 (-2.10), Silver @ $25.875 (-0.02), Euro @ $1.1899, JPY @ $110.52, INR @ 74.295
*Today's Corporate Action*
*30th Jun Ex Date*
HDFCLIFE
Final Dividend - Rs. - 2.0200
VAIBHAVGBL
Final Dividend - Rs. - 1.5000
*Today's Key Results/Board Meetings/Analyst*
*30-Jun-21*
Results on June 30: More than 900 companies will release their quarterly earnings on June 30 including SpiceJet, Vodafone Idea, Alankit, Anant Raj, Archies, BF Utilities, BGR Energy Systems, Binani Industries, Dish TV India, Emami Realty, Fiem Industries, GM Polyplast, Indowind Energy, IRCON International, IVRCL, Liberty Shoes, McNally Bharat Engineering, MEP Infrastructure Developers, Ortel Communications, Sadbhav Engineering, Sanwaria Consumer, Sequent Scientific, Simbhaoli Sugars, Simplex Infrastructures, SREI Infrastructure Finance, Ucal Fuel Systems, Vikas EcoTech, VIP Clothing, Zenith Exports, and Zodiac Clothing.
Burger King India: To meet Aditya Birla Sun Life MF, Dymon Asia Capital (Singapore), Franklin Resources Inc, Manulife Investment Management (US) LLC, Nippon Life Insurance Company, and Valiant Capital Management, L.P. on June 30.
Macrotech Developers: To meet investors/analysts at CLSA's India Real Estate Virtual Access Day on June 30.
Dixon Technologies (India): To meet GIC on June 30.
Hindalco Industries: To meet Kotak Mahindra Asset Management on June 30.
Indraprastha Gas: To meet analysts/institutional investors in an investor conference organized by UBS Securities India on June 30.
NBCC (India): To meet analysts/investors on June 30.
Punjab Chemicals & Crop Protection: To meet HDFC Securities, Anand Rathi, Alpha Invesco, Sharekhan, and UTI MF on June 30.
Sequent Scientific: To meet analysts/investors on July 1.
Mahindra Logistics: To meet Nikko Asset Management on July 1, and Ashmore Investments Management on July 2.
Mahindra Lifespace Developers: To meet investors/analysts at CLSA's 'India Real Estate Virtual Access Day' on July 1.
*Stock under F&O ban on NSE*
*30-Jun-21*
1NATIONALUM
Nikkei +29 pts ,
Hangseng +114 pts ,
Now @7.00am .
Dow +9.02 pts ,Nsdq +27.83 pts, S&P
+1.19 pts, , Bovespa -101 pts , Ftse +14 pts , Dax +136 pts , Cac +9 pts , Crude @ $73.47 brl (+0.49), Brent @ $74.76 brl (+0.00) , Gold @ 1761.60 (-2.10), Silver @ $25.875 (-0.02), Euro @ $1.1899, JPY @ $110.52, INR @ 74.295
*Today's Corporate Action*
*30th Jun Ex Date*
HDFCLIFE
Final Dividend - Rs. - 2.0200
VAIBHAVGBL
Final Dividend - Rs. - 1.5000
*Today's Key Results/Board Meetings/Analyst*
*30-Jun-21*
Results on June 30: More than 900 companies will release their quarterly earnings on June 30 including SpiceJet, Vodafone Idea, Alankit, Anant Raj, Archies, BF Utilities, BGR Energy Systems, Binani Industries, Dish TV India, Emami Realty, Fiem Industries, GM Polyplast, Indowind Energy, IRCON International, IVRCL, Liberty Shoes, McNally Bharat Engineering, MEP Infrastructure Developers, Ortel Communications, Sadbhav Engineering, Sanwaria Consumer, Sequent Scientific, Simbhaoli Sugars, Simplex Infrastructures, SREI Infrastructure Finance, Ucal Fuel Systems, Vikas EcoTech, VIP Clothing, Zenith Exports, and Zodiac Clothing.
Burger King India: To meet Aditya Birla Sun Life MF, Dymon Asia Capital (Singapore), Franklin Resources Inc, Manulife Investment Management (US) LLC, Nippon Life Insurance Company, and Valiant Capital Management, L.P. on June 30.
Macrotech Developers: To meet investors/analysts at CLSA's India Real Estate Virtual Access Day on June 30.
Dixon Technologies (India): To meet GIC on June 30.
Hindalco Industries: To meet Kotak Mahindra Asset Management on June 30.
Indraprastha Gas: To meet analysts/institutional investors in an investor conference organized by UBS Securities India on June 30.
NBCC (India): To meet analysts/investors on June 30.
Punjab Chemicals & Crop Protection: To meet HDFC Securities, Anand Rathi, Alpha Invesco, Sharekhan, and UTI MF on June 30.
Sequent Scientific: To meet analysts/investors on July 1.
Mahindra Logistics: To meet Nikko Asset Management on July 1, and Ashmore Investments Management on July 2.
Mahindra Lifespace Developers: To meet investors/analysts at CLSA's 'India Real Estate Virtual Access Day' on July 1.
*Stock under F&O ban on NSE*
*30-Jun-21*
1NATIONALUM
It uses Govt resources and grants to provide cost- effective healthcare to people without being concerned about profits.
-Business Line
Global technology giant Google India is the country's most attractive employer brand, according to the Randstad Employer Brand Research (REBR) 2021. Amazon India emerged as the runner up, followed by Microsoft India. The survey report said that Google India scored high on financial health, strong reputation and attractive salary and benefits.
-Moneycontrol.com
The joint platform of various federations and unions representing about 80,000 employees of Ordnance Factory Board have decided to launch an indefinite strike since July 26 against the Centre's decision to split the OFB into seven corporations. The unions will serve the strike notice on July 8.
-Business Line
The market capitalisation of US tech giant Facebook crossed $1 trillion for the first time on Monday, June 28. The Co hit an m-cap of $1.01 trillion. Facebook’s shares closed at $355.64 on Monday, up to $14.27 or 4.18%. This makes the social media major the fifth US Co to hit the milestone, alongside Apple, Microsoft, Amazon and Google-parent Alphabet.
-Business Line
Shares of Indian Bank dipped 8% to Rs 141.90 on the BSE in intra-day trade today on profit- booking as fresh shares allotted by the bank to qualified institutional buyers (QIBs) started trading on the exchanges today onwards. The stock has fallen below its qualified institutional placement (QIP) issue price of Rs 142.15 per share.
-Business Standard
USD /INR 74.22
Sensex 52549.66 (-185.93)
BSE Bankex 39593.03 (-424.60)
Nifty 50 15748.45 (-66.25)
Nifty Bank 35010.3 (-349.15)
-Business Line
Global technology giant Google India is the country's most attractive employer brand, according to the Randstad Employer Brand Research (REBR) 2021. Amazon India emerged as the runner up, followed by Microsoft India. The survey report said that Google India scored high on financial health, strong reputation and attractive salary and benefits.
-Moneycontrol.com
The joint platform of various federations and unions representing about 80,000 employees of Ordnance Factory Board have decided to launch an indefinite strike since July 26 against the Centre's decision to split the OFB into seven corporations. The unions will serve the strike notice on July 8.
-Business Line
The market capitalisation of US tech giant Facebook crossed $1 trillion for the first time on Monday, June 28. The Co hit an m-cap of $1.01 trillion. Facebook’s shares closed at $355.64 on Monday, up to $14.27 or 4.18%. This makes the social media major the fifth US Co to hit the milestone, alongside Apple, Microsoft, Amazon and Google-parent Alphabet.
-Business Line
Shares of Indian Bank dipped 8% to Rs 141.90 on the BSE in intra-day trade today on profit- booking as fresh shares allotted by the bank to qualified institutional buyers (QIBs) started trading on the exchanges today onwards. The stock has fallen below its qualified institutional placement (QIP) issue price of Rs 142.15 per share.
-Business Standard
USD /INR 74.22
Sensex 52549.66 (-185.93)
BSE Bankex 39593.03 (-424.60)
Nifty 50 15748.45 (-66.25)
Nifty Bank 35010.3 (-349.15)
*Good Morning*
India’s Sitharaman Urges Some Ministries to Front-Load Capex
India Will Oppose ‘Unfair’ Carbon Border Tax Plans at COP26
Minister says India wants developed nations to do more
India Sees Return to Normal Oil Demand by Year-End
India Regulator Approves Rules for ‘Accredited Investors’
India’s Reliance Will Invest in Abu Dhabi Petrochemicals Hub
Reliance, Adnoc Sign Strategic Partnership for Chemicals Project
Soaring Pump Prices in India Threaten Recovery, Spark Strike
Gasoline, diesel now costlier than when oil topped $100/bbl
Rural Stocks Struggle on Covid, Rain Woe in India Hinterland
India Cumulative Monsoon Rainfall 13% Above Normal at June 29
Global Funds Buy Net INR1.17B of India Stocks on Tuesday: NSE
Domestic funds buy net 18.1b rupees of stocks
Foreign Investors Sell Net INR11.8B of India Equities on June 28
Foreigners Buy Net INR19.6B of Indian Equity Derivatives Tuesday
PM Modi to chair council of ministers meeting on Wednesday: PTI
Monsoon session of Parliament likely from July 19: PTI
NCLAT declines plea of Prudential International Insurance challenging approval of Piramal’s bid for DHFL: PTI
OneWeb Gets Further $500M Investment From Bharti: FT
Gadkari calls for ratings system for MSMEs: PTI
4pm: India Fiscal Deficit in Rupees for April-May Period, prior 78,699
5:30pm: Eight Infrastructure Industries Index for May (Prior 56.1%)
India 1Q BoP Current Account Balance, est. -$7.45b, prior -$1.7b
AstraZeneca India (ASTR): Got demand notice from Drug Pricing Regulator to pay INR1.57B
Cipla Ltd. (CIPLA): Gets India regulatory approval for Moderna Covid vaccine; Says supporting Moderna with approvals, import and at this stage has no pact with Moderna on commercial supplies
EID Parry (EID): 4Q net loss 63.4m rupees vs profit 1.57b year ago; revenue 39.08b rupees vs 42.45b y/y
Finolex Cables (FNXC): 4Q net income 1.68b rupees vs. 644.9m Y/y; revenue +41% y/y to 9.21b
Hero MotoCorp (HMCL): will launch an electric scooter by March 2022, CEO says
Indian Railway Catering (IRCTC): 4Q net income 1.04b rupees, misses est. 1.23b; Revenue 3.39b vs est. 3.17b
Ruchi Soya (RSI): 4Q net income 3.14b rupees vs. loss 412.5m y/y; revenue 48.4b Vs. 31.9b Y/y
Uflex (UFLX): 4Q net income up 163% y/y to 2.65b rupees; revenue up 45% to 25.7b rupees
India’s Sitharaman Urges Some Ministries to Front-Load Capex
India Will Oppose ‘Unfair’ Carbon Border Tax Plans at COP26
Minister says India wants developed nations to do more
India Sees Return to Normal Oil Demand by Year-End
India Regulator Approves Rules for ‘Accredited Investors’
India’s Reliance Will Invest in Abu Dhabi Petrochemicals Hub
Reliance, Adnoc Sign Strategic Partnership for Chemicals Project
Soaring Pump Prices in India Threaten Recovery, Spark Strike
Gasoline, diesel now costlier than when oil topped $100/bbl
Rural Stocks Struggle on Covid, Rain Woe in India Hinterland
India Cumulative Monsoon Rainfall 13% Above Normal at June 29
Global Funds Buy Net INR1.17B of India Stocks on Tuesday: NSE
Domestic funds buy net 18.1b rupees of stocks
Foreign Investors Sell Net INR11.8B of India Equities on June 28
Foreigners Buy Net INR19.6B of Indian Equity Derivatives Tuesday
PM Modi to chair council of ministers meeting on Wednesday: PTI
Monsoon session of Parliament likely from July 19: PTI
NCLAT declines plea of Prudential International Insurance challenging approval of Piramal’s bid for DHFL: PTI
OneWeb Gets Further $500M Investment From Bharti: FT
Gadkari calls for ratings system for MSMEs: PTI
4pm: India Fiscal Deficit in Rupees for April-May Period, prior 78,699
5:30pm: Eight Infrastructure Industries Index for May (Prior 56.1%)
India 1Q BoP Current Account Balance, est. -$7.45b, prior -$1.7b
AstraZeneca India (ASTR): Got demand notice from Drug Pricing Regulator to pay INR1.57B
Cipla Ltd. (CIPLA): Gets India regulatory approval for Moderna Covid vaccine; Says supporting Moderna with approvals, import and at this stage has no pact with Moderna on commercial supplies
EID Parry (EID): 4Q net loss 63.4m rupees vs profit 1.57b year ago; revenue 39.08b rupees vs 42.45b y/y
Finolex Cables (FNXC): 4Q net income 1.68b rupees vs. 644.9m Y/y; revenue +41% y/y to 9.21b
Hero MotoCorp (HMCL): will launch an electric scooter by March 2022, CEO says
Indian Railway Catering (IRCTC): 4Q net income 1.04b rupees, misses est. 1.23b; Revenue 3.39b vs est. 3.17b
Ruchi Soya (RSI): 4Q net income 3.14b rupees vs. loss 412.5m y/y; revenue 48.4b Vs. 31.9b Y/y
Uflex (UFLX): 4Q net income up 163% y/y to 2.65b rupees; revenue up 45% to 25.7b rupees
*NOTE* : The Delta+ is not a variant of concern in our country. It is thought to have come up in late March in Europe.
Use this Shuboudhaya Telegram link to get updated crispy & clear news
https://t.me/joinchat/UcN4VTpKsS42MzVl
*✈INTERNATIONAL NEWS*
1. India is likely to make a decision soon on the deployment of anti-drone technology at military installations across the country.
2. India-Russia nuclear energy cooperation:
Construction of Kudankulam NPP Unit 5 has officially started in India.
3. UAE flag carrier Emirates has announced that it expects to resume its Dubai-India flights from July 7.
4. UP police have lodged an FIR against two senior officials of Twitter India over the social media platform putting up a distorted map of India. MD Manish Maheshwari & News Partnerships Head Amrita Tripathi as accused who have been booked under section 505 (2) which deals with public mischief.
5. Swiss Govt says that, Indian people who got Vaccinated can now enter Switzerland without Covid test, quarantine.
6. The Bombay High Court has extended its interim relief order for Mehul Choksi (62 yrs) in the Prevention of Money Laundering Act (PMLA) case. He was got arrested in Dominica is in judicial custody for illegal entry and is later kept at Dominica China Friendship Hospital because of his poor health condition. Choksi & his nephew Nirav Modi both allegedly defrauded the Punjab Nation Bank to the tune of Rs 13,500 crore and fled the country weeks before the scam came to light.
*🌎WORLD NEWS🌍*
1. *30 June - World Asteroid Day*
Asteroid Day is an event observed on 30 June every year to provide online education about the asteroid. This event is held on the anniversary of the Siberian Tunguska event that took place on 30 June, 1908. The UN passed a resolution for celebrating 30 June as Asteroid Day.
2. Russia had tested an intercontinental ballistic missile (ICBM) from the Plesetsk cosmodrome in the country's northwest in mid-June, according to a news agency report. State-owned TASS news agency.
3. South Africa's former President Jacob Zuma has been sentenced to 15 months in jail. He found guilty of contempt for defying its order to appear at an inquiry into corruption while he was president.
4. Bangladesh Govt extends closure of educational institutions till 31 Jul.
5. The World Bank will provide USD 300 million to Bangladesh to help poor in the country.
6. Multiple cylinder blasts at the Barkat Market in Lahore, Pakistan. It rocked the surrounding area, one person killed and many injured.
7. Microsoft Releases First Windows 11 Insider Preview Build 22000. The software giant had specified that laptops & PCs with a compatible 64-bit processor or SoCs, 4GB RAM, & 64GB free storage could get the software update.
8. Five people including 3 children were Killed in Blast in Pak's Khyber Pakhtunkhwa Province.
*🚣🚴🏇🏁🏊Sports:*
1. Women's cricket: India to take on England in 2nd ODI today at Cooper Associates County Ground, Taunton, England. The Day & Night match to be start at 18.30 IST.
2. Serena Williams (39-year-old) is out of Wimbledon in the 1st round after injury forced her to retire in the early stages of her match with Aliaksandra Sasnovich. The American, who was seeking a historic 24th Grand Slam title at the return of an event she has won 7 times, was tearful as she had to withdraw from the match.
3. Womens team India captain Mithali Raj on Tuesday (June 29) has returned to the top five of the ICC Women's ODI Rankings for batswomen after top-scoring for India with 72 in the series opener against England in Bristol. The 38-year-old, crickter has completed 22 years in international cricket.
4. PM Modi congratulates Indian archers for their stupendous performances at World Cup : He congratulated Deepika Kumari, Ankita Bhakat, Komalika Bari, Atanu Das and Abhishek Verma for their success, which will inspire upcoming talent in this field.
*USD 74.29 💷GBP 102.85*
_In Bengaluru(Krnt)_
*🥇Gold 48,370©10 gm 24 (Krt)*
🥈 *Silver ₹68,000©Kg*
⛽ *Petrol ₹ 102.11*
⛽ *Diesel ₹ 94.58*
Use this Shuboudhaya Telegram link to get updated crispy & clear news
https://t.me/joinchat/UcN4VTpKsS42MzVl
*✈INTERNATIONAL NEWS*
1. India is likely to make a decision soon on the deployment of anti-drone technology at military installations across the country.
2. India-Russia nuclear energy cooperation:
Construction of Kudankulam NPP Unit 5 has officially started in India.
3. UAE flag carrier Emirates has announced that it expects to resume its Dubai-India flights from July 7.
4. UP police have lodged an FIR against two senior officials of Twitter India over the social media platform putting up a distorted map of India. MD Manish Maheshwari & News Partnerships Head Amrita Tripathi as accused who have been booked under section 505 (2) which deals with public mischief.
5. Swiss Govt says that, Indian people who got Vaccinated can now enter Switzerland without Covid test, quarantine.
6. The Bombay High Court has extended its interim relief order for Mehul Choksi (62 yrs) in the Prevention of Money Laundering Act (PMLA) case. He was got arrested in Dominica is in judicial custody for illegal entry and is later kept at Dominica China Friendship Hospital because of his poor health condition. Choksi & his nephew Nirav Modi both allegedly defrauded the Punjab Nation Bank to the tune of Rs 13,500 crore and fled the country weeks before the scam came to light.
*🌎WORLD NEWS🌍*
1. *30 June - World Asteroid Day*
Asteroid Day is an event observed on 30 June every year to provide online education about the asteroid. This event is held on the anniversary of the Siberian Tunguska event that took place on 30 June, 1908. The UN passed a resolution for celebrating 30 June as Asteroid Day.
2. Russia had tested an intercontinental ballistic missile (ICBM) from the Plesetsk cosmodrome in the country's northwest in mid-June, according to a news agency report. State-owned TASS news agency.
3. South Africa's former President Jacob Zuma has been sentenced to 15 months in jail. He found guilty of contempt for defying its order to appear at an inquiry into corruption while he was president.
4. Bangladesh Govt extends closure of educational institutions till 31 Jul.
5. The World Bank will provide USD 300 million to Bangladesh to help poor in the country.
6. Multiple cylinder blasts at the Barkat Market in Lahore, Pakistan. It rocked the surrounding area, one person killed and many injured.
7. Microsoft Releases First Windows 11 Insider Preview Build 22000. The software giant had specified that laptops & PCs with a compatible 64-bit processor or SoCs, 4GB RAM, & 64GB free storage could get the software update.
8. Five people including 3 children were Killed in Blast in Pak's Khyber Pakhtunkhwa Province.
*🚣🚴🏇🏁🏊Sports:*
1. Women's cricket: India to take on England in 2nd ODI today at Cooper Associates County Ground, Taunton, England. The Day & Night match to be start at 18.30 IST.
2. Serena Williams (39-year-old) is out of Wimbledon in the 1st round after injury forced her to retire in the early stages of her match with Aliaksandra Sasnovich. The American, who was seeking a historic 24th Grand Slam title at the return of an event she has won 7 times, was tearful as she had to withdraw from the match.
3. Womens team India captain Mithali Raj on Tuesday (June 29) has returned to the top five of the ICC Women's ODI Rankings for batswomen after top-scoring for India with 72 in the series opener against England in Bristol. The 38-year-old, crickter has completed 22 years in international cricket.
4. PM Modi congratulates Indian archers for their stupendous performances at World Cup : He congratulated Deepika Kumari, Ankita Bhakat, Komalika Bari, Atanu Das and Abhishek Verma for their success, which will inspire upcoming talent in this field.
*USD 74.29 💷GBP 102.85*
_In Bengaluru(Krnt)_
*🥇Gold 48,370©10 gm 24 (Krt)*
🥈 *Silver ₹68,000©Kg*
⛽ *Petrol ₹ 102.11*
⛽ *Diesel ₹ 94.58*
B. *Flying Officer Dinshaw Ferozeshaw Eduljee* (1919–1944) was the first pilot of the Indian Air Force, IAF, to receive the Air Force Cross, AFC (on June 1, 1944). Eduljee is presumed to have died after the Hurricane fighter aircraft he was flying crashed in action behind Japanese lines in Burma (today's Myanmar).
🛕 *VEDIK GYAN*
*Akshayapatra (अक्षयपात्र)* 🍚 meaning inexhaustible vessel. It was a wonderful vessel given to Yudishtira by Lord Surya which held a never-depleting supply of food to the Pandavas every day.
One day, Krishna suddenly came to visit the Pandavas when they are in forest, he visits Draupadi and ask for food, she was sitting and weeping in the kitchen. With tears in her eyes, Draupadi bowed her head before Krishna and showed him an empty pot in which she had cooked rice that morning and she did not have any more rice in the house. But Krishna said to her: "Thank you sister
Look carefully." Draupadi looked, and she found a single grain of rice stuck inside the pot. Krishna said "A single grain of rice, if offered to God with love and humility, becomes the beeja (primordial seed) which feeds and satiates the whole universe." He then ate that single grain of rice. This miraculous divine episode happened on the day which is commemorated as "Akshaya Tritiya" every year, and it occurs around the time of the spring harvest in April-May every year.
Krishna was very sorrowful to see the condition of his sister Draupadi and his cousins, the Pandavas, he then suggest to hymn 108 chants of lord Surya by Pandavas. Later they Blessed by Surya with an Akshaya Patra, the inexhaustable vessel.
🧬 *HEALTH CARE: HOME REMEDIES*🩺
( *Note* : These home tips followed in villages/ancient traditions, it is up to you to use it or not🙏🏻)
*Getting a runny nose*
A runny nose may be due to allergies, hay fever, or other causes. following home treatments can help to stop it:-
1. *Drinking fluids* and staying hydrated when dealing with a runny nose can be helpful if you also have symptoms of nasal congestion.
2. *Inhaling hot steam* has with vicks or zandu balm or Amrutanjan or Eucalyptus leaves oil or Camphor कर्पूर, help treat a runny nose.
3. *Using a neti pot* for nasal irrigation. Neti pots are small teapot-like containers with a spout. You add a warm saline or saltwater solution to the pot. You then use the pot to pour the solution through one nostril and out the other.
4. *Eating spicy foods* . Hot spices like cayenne pepper, ghost pepper, habanero, wasabi, horseradish, or ginger are great options.
*The bottom line* : These approaches will only give you relief. Make sure to seek more direct treatment if you’re experiencing colds, viruses, and allergies.
🛕 *VEDIK GYAN*
*Akshayapatra (अक्षयपात्र)* 🍚 meaning inexhaustible vessel. It was a wonderful vessel given to Yudishtira by Lord Surya which held a never-depleting supply of food to the Pandavas every day.
One day, Krishna suddenly came to visit the Pandavas when they are in forest, he visits Draupadi and ask for food, she was sitting and weeping in the kitchen. With tears in her eyes, Draupadi bowed her head before Krishna and showed him an empty pot in which she had cooked rice that morning and she did not have any more rice in the house. But Krishna said to her: "Thank you sister
Look carefully." Draupadi looked, and she found a single grain of rice stuck inside the pot. Krishna said "A single grain of rice, if offered to God with love and humility, becomes the beeja (primordial seed) which feeds and satiates the whole universe." He then ate that single grain of rice. This miraculous divine episode happened on the day which is commemorated as "Akshaya Tritiya" every year, and it occurs around the time of the spring harvest in April-May every year.
Krishna was very sorrowful to see the condition of his sister Draupadi and his cousins, the Pandavas, he then suggest to hymn 108 chants of lord Surya by Pandavas. Later they Blessed by Surya with an Akshaya Patra, the inexhaustable vessel.
🧬 *HEALTH CARE: HOME REMEDIES*🩺
( *Note* : These home tips followed in villages/ancient traditions, it is up to you to use it or not🙏🏻)
*Getting a runny nose*
A runny nose may be due to allergies, hay fever, or other causes. following home treatments can help to stop it:-
1. *Drinking fluids* and staying hydrated when dealing with a runny nose can be helpful if you also have symptoms of nasal congestion.
2. *Inhaling hot steam* has with vicks or zandu balm or Amrutanjan or Eucalyptus leaves oil or Camphor कर्पूर, help treat a runny nose.
3. *Using a neti pot* for nasal irrigation. Neti pots are small teapot-like containers with a spout. You add a warm saline or saltwater solution to the pot. You then use the pot to pour the solution through one nostril and out the other.
4. *Eating spicy foods* . Hot spices like cayenne pepper, ghost pepper, habanero, wasabi, horseradish, or ginger are great options.
*The bottom line* : These approaches will only give you relief. Make sure to seek more direct treatment if you’re experiencing colds, viruses, and allergies.
*LPG : ₹ 812/14.2 Kg*
*BSE Sensex* 52,795.76
*NIFTY* : 15,748.45
Ⓝⓐⓥⓔⓔⓝ Ⓚⓤⓜⓐⓡ
*🇮🇳Facts about India🇮🇳*
Mahabalipuram, is a town on a strip of land between the Bay of Bengal and the Great Salt Lake, in the south Indian state of Tamil Nadu. It’s known for its temples and monuments built by the Pallava dynasty in the 7th and 8th centuries. The seafront Shore Temple comprises 3 ornate granite shrines. Krishna’s Butter Ball is a massive boulder balanced on a small hill near the Ganesha Ratha stone temple.
*😀Thought of the day*
A correct decision can double the confidence. And A wrong decision can double the experience. So no need to worry about both the situations. Continue to do efforts and handle the situations.
*Joke of the day*
*टीचर* : वाक्य को अंग्रेजी में ट्रांसलेट करो ‘ *वसंत ने मुझे मुक्का मारा’*
*पप्पू* : वसन्तपंचमी (Vasant punch me🤜🏻🤛🏼) 😂😂😂😂😂
*😳Why❓❓❓*
*Why Menstruation takes place in women*
Menstruation is a woman’s monthly bleeding, often called “period.” The blood and tissue lining the uterus (womb) break down & leave the body. This is called period. For many women, bleeding lasts from 4 to 8 days. It makes Hormone levels low. Low levels of the hormone estrogen can make you feel depressed or irritable😡😰
In a woman, a period is body's way of releasing tissue that it no longer needs. Every month, her body prepares for pregnancy. The lining of uterus gets thicker as preparation for nurturing a fertilized egg. An egg is released and is ready to be fertilized and settle in the lining of uterus.
*Ovulation* is when the ovary releases an egg so it can be fertilized by a sperm in order to make a baby. A woman is most likely to get pregnant if she has sex without birth control in the three days before and up to the day of ovulation (since the sperm are already in place and ready to fertilize the egg as soon as it is released). A man’s sperm can live for 3 to 5 days in a woman’s reproductive organs, but a woman’s egg lives for just 12 to 24 hours after ovulation.
Ovulation happens about 14 days before your period starts. If your average menstrual cycle is 28 days, woman ovulate around day 14, and most fertile days are days 12, 13 and 14. If average menstrual cycle is 35 days ovulation happens around day 21 and your most fertile days are days 19, 20 & 21.
*LEARN Sanskrit*🙏🏻
*विलोचन* : Eye; distorting the eyes.
🤔 *How it works* ⁉
*How earth gets rotates continuously in same speed.*
Earth spins because of the way it was formed. Our Solar System formed about 4.6 billion years ago when a huge cloud of gas and dust started to collapse under its own gravity. As the cloud collapsed, it started to spin.
According to Newton's First Law of Motion it states: The motion of an object will remain unchanged unless a force acts on it.
an object will never change its speed or direction unless something comes along and forces it to do so.
*Gravity* : an attractive force between objects with mass. Gravity holds the Sun and planets together in the solar system, and holds stars together in galaxies
💁🏻♂️ *GK TODAY*
*WHO* The World Health Organization is a specialized agency of the United Nations responsible for international public health.
*Headquarters* : Geneva, Switzerland
*Founded* : 7 April 1948
Now *Tedros Adhanom* is the Director general of the World Health Organization
*BORN TODAY* 🐣💐
A. *Lt Colonel Maharaja Rana Shri Sir Natwarsinhji Bhavsinhji Sahib Bahadur, KCSI* (30 June 1901 – 4 October 1979) was the last Maharaja of Porbandar belonging to Jethwa dynasty, who ascended the throne of princely state of Porbandar on 10 December 1908 and ruled until his state was merged into India on 15 February 1948. He captained India in his first Cricket Test tour of England in 1932, but played in only four of the 26 first-class matches and stood down from the captaincy in favor of C.K. Nayudu for the Test against England. K. S. Ghanshyamsinhji.
*BSE Sensex* 52,795.76
*NIFTY* : 15,748.45
Ⓝⓐⓥⓔⓔⓝ Ⓚⓤⓜⓐⓡ
*🇮🇳Facts about India🇮🇳*
Mahabalipuram, is a town on a strip of land between the Bay of Bengal and the Great Salt Lake, in the south Indian state of Tamil Nadu. It’s known for its temples and monuments built by the Pallava dynasty in the 7th and 8th centuries. The seafront Shore Temple comprises 3 ornate granite shrines. Krishna’s Butter Ball is a massive boulder balanced on a small hill near the Ganesha Ratha stone temple.
*😀Thought of the day*
A correct decision can double the confidence. And A wrong decision can double the experience. So no need to worry about both the situations. Continue to do efforts and handle the situations.
*Joke of the day*
*टीचर* : वाक्य को अंग्रेजी में ट्रांसलेट करो ‘ *वसंत ने मुझे मुक्का मारा’*
*पप्पू* : वसन्तपंचमी (Vasant punch me🤜🏻🤛🏼) 😂😂😂😂😂
*😳Why❓❓❓*
*Why Menstruation takes place in women*
Menstruation is a woman’s monthly bleeding, often called “period.” The blood and tissue lining the uterus (womb) break down & leave the body. This is called period. For many women, bleeding lasts from 4 to 8 days. It makes Hormone levels low. Low levels of the hormone estrogen can make you feel depressed or irritable😡😰
In a woman, a period is body's way of releasing tissue that it no longer needs. Every month, her body prepares for pregnancy. The lining of uterus gets thicker as preparation for nurturing a fertilized egg. An egg is released and is ready to be fertilized and settle in the lining of uterus.
*Ovulation* is when the ovary releases an egg so it can be fertilized by a sperm in order to make a baby. A woman is most likely to get pregnant if she has sex without birth control in the three days before and up to the day of ovulation (since the sperm are already in place and ready to fertilize the egg as soon as it is released). A man’s sperm can live for 3 to 5 days in a woman’s reproductive organs, but a woman’s egg lives for just 12 to 24 hours after ovulation.
Ovulation happens about 14 days before your period starts. If your average menstrual cycle is 28 days, woman ovulate around day 14, and most fertile days are days 12, 13 and 14. If average menstrual cycle is 35 days ovulation happens around day 21 and your most fertile days are days 19, 20 & 21.
*LEARN Sanskrit*🙏🏻
*विलोचन* : Eye; distorting the eyes.
🤔 *How it works* ⁉
*How earth gets rotates continuously in same speed.*
Earth spins because of the way it was formed. Our Solar System formed about 4.6 billion years ago when a huge cloud of gas and dust started to collapse under its own gravity. As the cloud collapsed, it started to spin.
According to Newton's First Law of Motion it states: The motion of an object will remain unchanged unless a force acts on it.
an object will never change its speed or direction unless something comes along and forces it to do so.
*Gravity* : an attractive force between objects with mass. Gravity holds the Sun and planets together in the solar system, and holds stars together in galaxies
💁🏻♂️ *GK TODAY*
*WHO* The World Health Organization is a specialized agency of the United Nations responsible for international public health.
*Headquarters* : Geneva, Switzerland
*Founded* : 7 April 1948
Now *Tedros Adhanom* is the Director general of the World Health Organization
*BORN TODAY* 🐣💐
A. *Lt Colonel Maharaja Rana Shri Sir Natwarsinhji Bhavsinhji Sahib Bahadur, KCSI* (30 June 1901 – 4 October 1979) was the last Maharaja of Porbandar belonging to Jethwa dynasty, who ascended the throne of princely state of Porbandar on 10 December 1908 and ruled until his state was merged into India on 15 February 1948. He captained India in his first Cricket Test tour of England in 1932, but played in only four of the 26 first-class matches and stood down from the captaincy in favor of C.K. Nayudu for the Test against England. K. S. Ghanshyamsinhji.
╭─────────────────╮
🌄 *S̴h̴u̴b̴o̴u̴d̴h̴a̴y̴a : 30 Jun/आषाढ मास(Wednesday) ग्रीष्म ऋतू {कृष्ण पक्ष}*🙏🏻
╰─────────────────╯
*Today's top News* ➣➣➣➣➣➣➣➣➣➣➣➣➣
1. Parliament's Monsoon Session likely from July 19 to Aug 13 with a total 20 working days.
2. The Supreme Court on 29 June (Tuesday) said that “One Nation-One Ration" scheme for migrant workers must be implemented by all states in the country by 31 July this year.
3. A delegation of Sikhs met Union minister G Kishan Reddy and apprised him about the alleged forced conversion & marriage of girls from the community in J&K.
4. Over 33 crore COVID Vaccine Doses administered in country so far.
5. Punjab CM Captain Amarinder Singh orders extension of COVID restrictions till July 10 with some more relaxations. Opening of bars, pubs and ahatas at 50% capacity, beginning 1st of July.
6. PM Modi will interact with beneficiaries of ‘Digital India’ on July 1 wat to 11 AM via video conferencing.
7. India’s first pilot programme of drones delivering covid-19 vaccines is expected to take off soon in Telangana.
8. *SBI ATM Withdrawal Charges to be imposed from Jul 2021:* All customers of SBI, excluding those who bear a zero-balance account, charges will be levied against cash withdrawals from SBI’s ATMs as well as the branches. Account- holders of SBI will be eligible for 4 free cash withdrawals from the bank’s ATMs & its branches. If exhausting those free withdrawals, then SBI will charge Rs 15 plus Goods and Services Tax (GST) for each withdrawal.
9. *Hike in Cheque Book Usage Charges* : Savings account holders with SBI will have limited free cheque leaf usage from July 1, 2021, an account holder can only use 10 cheque leaves in a financial year. Using more will charge of Rs 40 plus GST for the next 10 leaves or Rs 75 plus GST for the subsequent 25 leaves.
10. *New IFSC Codes for Syndicate Bank:* mergering between Syndicate Bank and Canara Bank, account holders of the former will get new IFSC codes.
11. Uttarakhand govt has canceled the Chardham yatra.
12. Till 29 June total of 27.27crore people covered with the 1st dose of vaccine and 5.84 crore people covered with the 2nd dose of vaccine.
13. Andhra Pradesh CM Jagan Mohan Reddy has instructed officials that they must go door to door for creating awareness about Disha Mobile Application and ensure that every woman downloads this app. It is like a protective shield for women in danger.
14. Kerala govt denied news reports that it was mulling to change names of certain places in Kasaragod district bordering Karnataka from Kannada to Malayalam.
15. The sister of Gauri Lankesh, Kavitha Lankesh has moved the Supreme Court for restoring charges that include the death penalty provision against a key accused Mohan Nayak in the 2017 murder of the journalist and trenchant critic of the Right-wing brand of Hindutva.
16. UP schools will reopen for Classes 1 to 8 from July 1. However, students won't need to attend till further orders ; only teachers & staff would need to physically come to school.
17. PM Modi holds meeting with Amit Shah, Rajnath Singh, NSA Ajit Doval for a briefing on the unprecedented drone attack at the Jammu air base on Sunday (27 Jun).
18. Initial investigations report into the attack at the Jammu airbase suggest that an improvised low-cost rotary wing drone was used to drop explosive charges at the technical area.
19. Till now a total of 51 Delta plus variant cases reported in India: Union health ministry report.
20. *What is the Delta Plus variant of the coronavirus;:* The new Delta plus variant (B.1.617.2.1 or AY.1) is due to a mutation in the Delta, or B.1.617.2, variant. Delta plus has a K417N mutation, alongside the earlier Delta mutation in N501Y. According to researchers these two mutations could make the virus more transmissible as well as help it evade human-made antibodies such as Casirivimab and Imdevimab, which are the mark of monoclonal antibody cocktails currently under emergency use for Covid treatment in India.
🌄 *S̴h̴u̴b̴o̴u̴d̴h̴a̴y̴a : 30 Jun/आषाढ मास(Wednesday) ग्रीष्म ऋतू {कृष्ण पक्ष}*🙏🏻
╰─────────────────╯
*Today's top News* ➣➣➣➣➣➣➣➣➣➣➣➣➣
1. Parliament's Monsoon Session likely from July 19 to Aug 13 with a total 20 working days.
2. The Supreme Court on 29 June (Tuesday) said that “One Nation-One Ration" scheme for migrant workers must be implemented by all states in the country by 31 July this year.
3. A delegation of Sikhs met Union minister G Kishan Reddy and apprised him about the alleged forced conversion & marriage of girls from the community in J&K.
4. Over 33 crore COVID Vaccine Doses administered in country so far.
5. Punjab CM Captain Amarinder Singh orders extension of COVID restrictions till July 10 with some more relaxations. Opening of bars, pubs and ahatas at 50% capacity, beginning 1st of July.
6. PM Modi will interact with beneficiaries of ‘Digital India’ on July 1 wat to 11 AM via video conferencing.
7. India’s first pilot programme of drones delivering covid-19 vaccines is expected to take off soon in Telangana.
8. *SBI ATM Withdrawal Charges to be imposed from Jul 2021:* All customers of SBI, excluding those who bear a zero-balance account, charges will be levied against cash withdrawals from SBI’s ATMs as well as the branches. Account- holders of SBI will be eligible for 4 free cash withdrawals from the bank’s ATMs & its branches. If exhausting those free withdrawals, then SBI will charge Rs 15 plus Goods and Services Tax (GST) for each withdrawal.
9. *Hike in Cheque Book Usage Charges* : Savings account holders with SBI will have limited free cheque leaf usage from July 1, 2021, an account holder can only use 10 cheque leaves in a financial year. Using more will charge of Rs 40 plus GST for the next 10 leaves or Rs 75 plus GST for the subsequent 25 leaves.
10. *New IFSC Codes for Syndicate Bank:* mergering between Syndicate Bank and Canara Bank, account holders of the former will get new IFSC codes.
11. Uttarakhand govt has canceled the Chardham yatra.
12. Till 29 June total of 27.27crore people covered with the 1st dose of vaccine and 5.84 crore people covered with the 2nd dose of vaccine.
13. Andhra Pradesh CM Jagan Mohan Reddy has instructed officials that they must go door to door for creating awareness about Disha Mobile Application and ensure that every woman downloads this app. It is like a protective shield for women in danger.
14. Kerala govt denied news reports that it was mulling to change names of certain places in Kasaragod district bordering Karnataka from Kannada to Malayalam.
15. The sister of Gauri Lankesh, Kavitha Lankesh has moved the Supreme Court for restoring charges that include the death penalty provision against a key accused Mohan Nayak in the 2017 murder of the journalist and trenchant critic of the Right-wing brand of Hindutva.
16. UP schools will reopen for Classes 1 to 8 from July 1. However, students won't need to attend till further orders ; only teachers & staff would need to physically come to school.
17. PM Modi holds meeting with Amit Shah, Rajnath Singh, NSA Ajit Doval for a briefing on the unprecedented drone attack at the Jammu air base on Sunday (27 Jun).
18. Initial investigations report into the attack at the Jammu airbase suggest that an improvised low-cost rotary wing drone was used to drop explosive charges at the technical area.
19. Till now a total of 51 Delta plus variant cases reported in India: Union health ministry report.
20. *What is the Delta Plus variant of the coronavirus;:* The new Delta plus variant (B.1.617.2.1 or AY.1) is due to a mutation in the Delta, or B.1.617.2, variant. Delta plus has a K417N mutation, alongside the earlier Delta mutation in N501Y. According to researchers these two mutations could make the virus more transmissible as well as help it evade human-made antibodies such as Casirivimab and Imdevimab, which are the mark of monoclonal antibody cocktails currently under emergency use for Covid treatment in India.
*SERNET Midnight News Update – Jun 30th 2021*
Reliance has entered into a partnership with the Abu Dhabi National Oil Company or ADNOC to set up a facility at Ruwais near Abu Dhabi to position as a world class chlor alkali and PVC player. The new facility will have the capacity to produce 940,000 tons of chlor Alkali, 1.1 million tons of ethylene dichloride and 360,000 tons of PVC each year. The agreement is well timed as it will allow the company to capitalize on the growing demand for chlor alkalis. The project will be an important step in globalizing India operations.
GIC Re reported net profit of Rs.1,992 crore for the FY21. This compares favourably with a net loss of Rs.187cr reported in the FY20 fiscal year. The stellar performance in FY21 was due to, and despite, the pandemic uncertainties. However, the gross premium collections for FY21 were nearly 8% lower at Rs47,014 crore even as the incurred claims ratio improved from 97.5% in FY20 to 92.4% in FY21. Income from investments showed 22% spike to Rs.8,821 crore. Solvency ratio improved from 1.53 to 1.74 in FY21.
SEBI in its latest board meeting amended its REITS regulations in order to reduce the minimum application value for REITs and INVITs to a range of Rs.10,000 to Rs.15,000 per lot. This is a reduction of nearly 70% from the current levels, which had kept many retail players outside the ambit of REITs. This move is likely to give a boost to retail participation in REITs and improve liquidity. The current investment limits are Rs.50,000 for REITs and Rs.100,000 for INVITs. REITs have become popular in India in the last two years.
EID Parry, India’s leading sugar manufacturers, reported 145% increase in standalone net profit at Rs.169 crore in Q4. This was largely on account of better realizations from sugar and distillery business. In addition, higher export volumes and cost controls also helped. While overall revenues were lower yoy, the company also took an exceptional write-off to the tune of Rs.14 crore towards asset impairment charges. EID parry exported 41,037 tonnes of sugar. Overall cane crushed stood 8.1% higher at 3.97 MT.
Bharti Airtel proposes to invest an additional Rs.3,700 crore into OneWeb. It may be recollected that OneWeb is the satellite communications company that Bharti had rescued from bankruptcy last year, along with the UK government. This is the outcome of Bharti exercising its call option. With this deal, Bharti will now hold 38.6% in OneWeb while the UK government, Eutelsat and SoftBank will hold 19.3% each. The entire transaction is expected to be consummated in the second half of calendar year 2021.
The much awaited Monsoon Session of Parliament will start on 19-Jul and end on 13-Aug and including a total of 20 sittings. The monsoon session is likely to take up many of the proposed COVID related measures as well as higher outlays on a priority basis. However, with the NDA having a clear majority in the Lower House and a virtual dominance in the Upper House, it does not look like the ruling combine could face too many challenges at this point. Government will adhere to all COVID related protocols during the session.
NTPC plans to list its arm, NTPC Renewable Energy Ltd, in order to raise funds for its ambitious target of achieving 60 GW installed renewable energy capacity by 2032. In fact, NTPC has also declared its energy compact goals at the UN High Level Dialogue. India’s leading thermal power producer will also look to reduce its net energy intensity 10% before 2032. To add nearly 8 GW each year, NTPC needs substantial funds and that will be partially managed via NTPC Renewable listing. NTPC is likely to use blended finance.
Cipla received DCGI approval to import Moderna COVID-19 vaccine for restricted emergency use in India. The permission has been given in public interest. Cipla will have to submit 7 days safety assessment of the vaccine in first 100 beneficiaries before rolling it out.
Reliance has entered into a partnership with the Abu Dhabi National Oil Company or ADNOC to set up a facility at Ruwais near Abu Dhabi to position as a world class chlor alkali and PVC player. The new facility will have the capacity to produce 940,000 tons of chlor Alkali, 1.1 million tons of ethylene dichloride and 360,000 tons of PVC each year. The agreement is well timed as it will allow the company to capitalize on the growing demand for chlor alkalis. The project will be an important step in globalizing India operations.
GIC Re reported net profit of Rs.1,992 crore for the FY21. This compares favourably with a net loss of Rs.187cr reported in the FY20 fiscal year. The stellar performance in FY21 was due to, and despite, the pandemic uncertainties. However, the gross premium collections for FY21 were nearly 8% lower at Rs47,014 crore even as the incurred claims ratio improved from 97.5% in FY20 to 92.4% in FY21. Income from investments showed 22% spike to Rs.8,821 crore. Solvency ratio improved from 1.53 to 1.74 in FY21.
SEBI in its latest board meeting amended its REITS regulations in order to reduce the minimum application value for REITs and INVITs to a range of Rs.10,000 to Rs.15,000 per lot. This is a reduction of nearly 70% from the current levels, which had kept many retail players outside the ambit of REITs. This move is likely to give a boost to retail participation in REITs and improve liquidity. The current investment limits are Rs.50,000 for REITs and Rs.100,000 for INVITs. REITs have become popular in India in the last two years.
EID Parry, India’s leading sugar manufacturers, reported 145% increase in standalone net profit at Rs.169 crore in Q4. This was largely on account of better realizations from sugar and distillery business. In addition, higher export volumes and cost controls also helped. While overall revenues were lower yoy, the company also took an exceptional write-off to the tune of Rs.14 crore towards asset impairment charges. EID parry exported 41,037 tonnes of sugar. Overall cane crushed stood 8.1% higher at 3.97 MT.
Bharti Airtel proposes to invest an additional Rs.3,700 crore into OneWeb. It may be recollected that OneWeb is the satellite communications company that Bharti had rescued from bankruptcy last year, along with the UK government. This is the outcome of Bharti exercising its call option. With this deal, Bharti will now hold 38.6% in OneWeb while the UK government, Eutelsat and SoftBank will hold 19.3% each. The entire transaction is expected to be consummated in the second half of calendar year 2021.
The much awaited Monsoon Session of Parliament will start on 19-Jul and end on 13-Aug and including a total of 20 sittings. The monsoon session is likely to take up many of the proposed COVID related measures as well as higher outlays on a priority basis. However, with the NDA having a clear majority in the Lower House and a virtual dominance in the Upper House, it does not look like the ruling combine could face too many challenges at this point. Government will adhere to all COVID related protocols during the session.
NTPC plans to list its arm, NTPC Renewable Energy Ltd, in order to raise funds for its ambitious target of achieving 60 GW installed renewable energy capacity by 2032. In fact, NTPC has also declared its energy compact goals at the UN High Level Dialogue. India’s leading thermal power producer will also look to reduce its net energy intensity 10% before 2032. To add nearly 8 GW each year, NTPC needs substantial funds and that will be partially managed via NTPC Renewable listing. NTPC is likely to use blended finance.
Cipla received DCGI approval to import Moderna COVID-19 vaccine for restricted emergency use in India. The permission has been given in public interest. Cipla will have to submit 7 days safety assessment of the vaccine in first 100 beneficiaries before rolling it out.