World Markets
Dow Closed
Nasdaq Closed
Dax + 12
Nikkei + 89
Hangseng - 124
Sgxnifty - 32 (15836)
Brent Crude 77.44
Dow Fut + 59
Dollar Index 92.24
Dow Closed
Nasdaq Closed
Dax + 12
Nikkei + 89
Hangseng - 124
Sgxnifty - 32 (15836)
Brent Crude 77.44
Dow Fut + 59
Dollar Index 92.24
Money Market Update
The rupee ended at 74.31 against the U.S. Dollar on Monday as compared to Friday's closing of 74.74.
The rupee ended at 74.31 against the U.S. Dollar on Monday as compared to Friday's closing of 74.74.
Trading Tweaks
Ex-Date Bonus Issue: Bansal Roofing Products
Ex-Date Dividend: Century Textiles & Industries, Ponni Sugars (Erode), SKF India
Ex-Date Final Dividend: JMC Projects (India), Natural Capsules, Piramal Enterprises
Price Band Revised From 10% To 5%: Jain Irrigation Systems, Uttam Sugar Mills
Price Band Revised From 20% To 10%: Apex Frozen Foods, HFCL, Newgen Software Technologies, Steel Exchange India
Move Into Short-Term ASM Framework: Alicon Castalloy, Happiest Minds Technologies
Move Out Of Short-Term ASM Framework: BL Kashyap and Sons, Den Networks, Zee Media Corporation, Sharda Motor Industries
Move Into ASM Framework: Zee Media Corporation, Rupa & Company, Olectra Greentech, Steel Exchange India, Rajratan Global Wire, Bajaj Hindusthan Sugar
Read more at: https://www.bloombergquint.com/markets/all-you-need-to-know-going-into-trade-on-july-6-3
Copyright © BloombergQuint
Read more at: https://www.bloombergquint.com/markets/all-you-need-to-know-going-into-trade-on-july-6-3
Copyright © BloombergQuint
Ex-Date Bonus Issue: Bansal Roofing Products
Ex-Date Dividend: Century Textiles & Industries, Ponni Sugars (Erode), SKF India
Ex-Date Final Dividend: JMC Projects (India), Natural Capsules, Piramal Enterprises
Price Band Revised From 10% To 5%: Jain Irrigation Systems, Uttam Sugar Mills
Price Band Revised From 20% To 10%: Apex Frozen Foods, HFCL, Newgen Software Technologies, Steel Exchange India
Move Into Short-Term ASM Framework: Alicon Castalloy, Happiest Minds Technologies
Move Out Of Short-Term ASM Framework: BL Kashyap and Sons, Den Networks, Zee Media Corporation, Sharda Motor Industries
Move Into ASM Framework: Zee Media Corporation, Rupa & Company, Olectra Greentech, Steel Exchange India, Rajratan Global Wire, Bajaj Hindusthan Sugar
Read more at: https://www.bloombergquint.com/markets/all-you-need-to-know-going-into-trade-on-july-6-3
Copyright © BloombergQuint
Read more at: https://www.bloombergquint.com/markets/all-you-need-to-know-going-into-trade-on-july-6-3
Copyright © BloombergQuint
Bloomberg | Quint
All You Need To Know Going Into Trade On July 6
Stocks in the news, big brokerage calls of the day, complete trade setup and much more!
Who’s Meeting Whom
Affle (India): To meet Malabar Investments on July 6 and Franklin Templeton and Janchor Partners on July 7.
Deepak Fertilisers and Petrochemicals Corporation: To meet Mirae Asset Capital Markets (India) on July 6
Affle (India): To meet Malabar Investments on July 6 and Franklin Templeton and Janchor Partners on July 7.
Deepak Fertilisers and Petrochemicals Corporation: To meet Mirae Asset Capital Markets (India) on July 6
*SERNET Midnight News Update – Jul 06th 2021*
The government plans to sell 7.49% stake in NMDC through an offer for sale on 06 July, in a bid to mop up close to Rs.3,621 crore in divestment receipts. The base sale offer will be for 11.72 crore shares representing 4% of capital at a floor price of Rs.165 per share. However, the government will retain a green-shoe option to sell another 3.49% based on demand. Institutional bids will be solicited on 06 July while any unallocated bids will be carried forward for retail subscription, which will happen on 07 July.
SEBI has issued a detailed framework to penalize market infrastructure institutions like stock exchanges, clearing corporations and depositories for technical glitches. However, this is more likely to be with prospective effect so the NSE low-latency issue is likely to be outside the purview of these regulations. Under the new framework, such players will pay Rs.100,000 per day for delay in submission or incomplete submission of root cause analysis. There will be higher penalties for failure to address technical glitches.
SEBI granted approval for Zomato’s Rs.7,875 crore IPO. The actual IPO is scheduled for this month. Zomato had filed its offer document with Sebi on 28 April. Zomato will make a fresh issue of Rs.7,500 crore while Info Edge will offload shares worth Rs.375 crore. Zomato has the backing of Ant Group of China. Currently, Info Edge holds 18.55% stake in Zomato. Roadshows in the global markets have already commenced. The overall valuation of Zomato is expected to be close to $8.5 billion or Rs.60,000 crore post the IPO listing.
It is now evident that at least 95% of Jet Airways employees will have to consent to the Kalrock-Jalan proposal or lose benefits offered under the revival plan. NCLT has cleared the proposal to revive Jet Airways. Against the admitted claims of Rs.15,000 crore by Jet Airways, the Kalrock Jalan consortium will only pay Rs.475 crore. In addition, the creditors will also get a stake in Jet Airways under the terms of the settlement. The number of employees of Jet Airways has dwindled from 9,000 to 3,600 in last 2 years.
Apex Frozen Foods was locked in 20% upper circuit and has gained nearly 46% since it announced solid results for the Mar-21 quarter. The PAT for Mar-21 quarter had increased almost 3.5 times to Rs.8.40 crore on a sequential basis, although the profits were down on a yoy basis. It also reported a 16.5% growth in net revenues at Rs.182 crore even as the EBITDA margins improved from 7.6% to 11.5% qoq. It had witnessed volume growth of 30% yoy with its ready-to-eat products being well received in the market.
HFCL continued to show robust performance as it touched a 19-year high price of Rs.86 on Monday. The volumes on the stock have also seen a sharp growth. HFCL has gained nearly 86% just in the last one month of trading. In the process, the market cap of HFCL crossed the Rs.10,000 crore mark after a very long time. HFCL is engaged in the manufacture of high-end transmission and access equipment, optical fibre cables as well as in setting up total communication networks for telcos and smart city projects.
Panacea Biotech stock surged 9% to Rs.411 after it announced receipt of manufacturing license to produce Sputnik-V vaccine at its Baddi plant in Himachal Pradesh. The license is a necessary pre-condition to use Sputnik V produced by Panacea Biotech in India. It may be recalled that Sputnik-V was registered in India under the emergency use authorization or EUA procedure in April this year. Sputnik-V is already registered in over 67 countries globally. The stock saw a spurt in price coupled with doubling of trading volumes.
The IPO of India Pesticides got listed on 05 July and made a strong debut listing at a premium of 22%. Against the issue price of Rs.296, India Pesticides listed at Rs.360. However, after touching a high of Rs.358 on the NSE, the stock gave up gains and closed the day at Rs.342, about 15.5% above the IPO price.
The government plans to sell 7.49% stake in NMDC through an offer for sale on 06 July, in a bid to mop up close to Rs.3,621 crore in divestment receipts. The base sale offer will be for 11.72 crore shares representing 4% of capital at a floor price of Rs.165 per share. However, the government will retain a green-shoe option to sell another 3.49% based on demand. Institutional bids will be solicited on 06 July while any unallocated bids will be carried forward for retail subscription, which will happen on 07 July.
SEBI has issued a detailed framework to penalize market infrastructure institutions like stock exchanges, clearing corporations and depositories for technical glitches. However, this is more likely to be with prospective effect so the NSE low-latency issue is likely to be outside the purview of these regulations. Under the new framework, such players will pay Rs.100,000 per day for delay in submission or incomplete submission of root cause analysis. There will be higher penalties for failure to address technical glitches.
SEBI granted approval for Zomato’s Rs.7,875 crore IPO. The actual IPO is scheduled for this month. Zomato had filed its offer document with Sebi on 28 April. Zomato will make a fresh issue of Rs.7,500 crore while Info Edge will offload shares worth Rs.375 crore. Zomato has the backing of Ant Group of China. Currently, Info Edge holds 18.55% stake in Zomato. Roadshows in the global markets have already commenced. The overall valuation of Zomato is expected to be close to $8.5 billion or Rs.60,000 crore post the IPO listing.
It is now evident that at least 95% of Jet Airways employees will have to consent to the Kalrock-Jalan proposal or lose benefits offered under the revival plan. NCLT has cleared the proposal to revive Jet Airways. Against the admitted claims of Rs.15,000 crore by Jet Airways, the Kalrock Jalan consortium will only pay Rs.475 crore. In addition, the creditors will also get a stake in Jet Airways under the terms of the settlement. The number of employees of Jet Airways has dwindled from 9,000 to 3,600 in last 2 years.
Apex Frozen Foods was locked in 20% upper circuit and has gained nearly 46% since it announced solid results for the Mar-21 quarter. The PAT for Mar-21 quarter had increased almost 3.5 times to Rs.8.40 crore on a sequential basis, although the profits were down on a yoy basis. It also reported a 16.5% growth in net revenues at Rs.182 crore even as the EBITDA margins improved from 7.6% to 11.5% qoq. It had witnessed volume growth of 30% yoy with its ready-to-eat products being well received in the market.
HFCL continued to show robust performance as it touched a 19-year high price of Rs.86 on Monday. The volumes on the stock have also seen a sharp growth. HFCL has gained nearly 86% just in the last one month of trading. In the process, the market cap of HFCL crossed the Rs.10,000 crore mark after a very long time. HFCL is engaged in the manufacture of high-end transmission and access equipment, optical fibre cables as well as in setting up total communication networks for telcos and smart city projects.
Panacea Biotech stock surged 9% to Rs.411 after it announced receipt of manufacturing license to produce Sputnik-V vaccine at its Baddi plant in Himachal Pradesh. The license is a necessary pre-condition to use Sputnik V produced by Panacea Biotech in India. It may be recalled that Sputnik-V was registered in India under the emergency use authorization or EUA procedure in April this year. Sputnik-V is already registered in over 67 countries globally. The stock saw a spurt in price coupled with doubling of trading volumes.
The IPO of India Pesticides got listed on 05 July and made a strong debut listing at a premium of 22%. Against the issue price of Rs.296, India Pesticides listed at Rs.360. However, after touching a high of Rs.358 on the NSE, the stock gave up gains and closed the day at Rs.342, about 15.5% above the IPO price.
The week before last, the IPO had been subscribed nearly 29 times with even the retail portion getting a 11.3 times subscription. India Pesticides operates in two business verticals, viz. technicals and formulations.
Pledge Share Details
Adani Transmission: Promoter Adani Tradeline LLP created a pledge of 66.06 lakh shares between July 2-3.
HFCL: Promoters (MN Ventures, Nextwave Communications and Anant Nahata) revoked pledge of 18.11 crore shares between July 2-3.
JSW Steel: Promoter JTPM Metal Traders revoked pledge of 5.84 lakh shares between June 29-30.
Prime Focus: Promoter Naresh Malhotra revoked pledge of 93.60 lakh shares on June 1.
SH Kelkar and Company: Promoters (Keva Constructions and Kedar Vaze) created a pledge of 50 lakh shares on June 29.
Adani Transmission: Promoter Adani Tradeline LLP created a pledge of 66.06 lakh shares between July 2-3.
HFCL: Promoters (MN Ventures, Nextwave Communications and Anant Nahata) revoked pledge of 18.11 crore shares between July 2-3.
JSW Steel: Promoter JTPM Metal Traders revoked pledge of 5.84 lakh shares between June 29-30.
Prime Focus: Promoter Naresh Malhotra revoked pledge of 93.60 lakh shares on June 1.
SH Kelkar and Company: Promoters (Keva Constructions and Kedar Vaze) created a pledge of 50 lakh shares on June 29.
Stocks To Watch
NMDC: Government to sell 7.49% of the company's equity through an offer for sale. The initial plan is for the sale of 11.72 crore shares or 4% of the total equity with a green shoe option to sell another 10.22 crore shares or 3.49% of the total equity. The floor price of Rs 165 per share is at a discount of 5.87% to Monday's closing price. The OFS opens for non-retail investors today and for retail investors tomorrow.
NTPC: The wholly-subsidiary of the company, NTPC Vidyut Vyapar Nigam, has invited bids for e-buses in Delhi, Leh. CG Power and Industrial Solutions: Allotment of 1.38 crore shares worth Rs 101.2 crore to Standard Chartered Bank (Singapore) completed. SCB now holds 1.02% of the paid-up equity share capital of the company.
Religare Enterprises: Shareholders approved the Rs 570 crore preferential issue of fresh equity shares at a price of Rs 105.25 per share to existing shareholders like Burman family & Ares SSG Capital and selected new marquee investors.
Piramal Enterprises: Approved the allotment of 1,250 secured NCDs at issue price of Rs 10.01 lakh per debenture, aggregating to Rs 125.19 crore on private placement basis.
Vakrangee: Partnered with EDUSAKSHAM an EdTech startup by IIT Alumni, to offer online tuition/live classes, e-Learning courses, practice and assessment-based modules to the customers under highly emerging sector of online education domain.
Maruti Suzuki India: Total production in June up 226% to 1,65,576 units Vs 50,742 units last year.
Force Motors: The company’s total production in June stood at 1,757 units. It reported domestic sales of 1,501 units and exports of 424 units.
Alembic: The company said its bulk drugs business continues to remain under pressure. “Despite persistent efforts by the management to improve efficiency and reduce overheads, the business incurred losses during the year. The company continues to work towards right sizing its operations. The bulk drugs business will remain under pressure due to competitive business scenarios as well as the ever-increasing capital-intensive asset modernisation and refurbishment of manufacturing facilities requirements. The business faces an uncertain future, despite our sincere efforts.”
NMDC: Government to sell 7.49% of the company's equity through an offer for sale. The initial plan is for the sale of 11.72 crore shares or 4% of the total equity with a green shoe option to sell another 10.22 crore shares or 3.49% of the total equity. The floor price of Rs 165 per share is at a discount of 5.87% to Monday's closing price. The OFS opens for non-retail investors today and for retail investors tomorrow.
NTPC: The wholly-subsidiary of the company, NTPC Vidyut Vyapar Nigam, has invited bids for e-buses in Delhi, Leh. CG Power and Industrial Solutions: Allotment of 1.38 crore shares worth Rs 101.2 crore to Standard Chartered Bank (Singapore) completed. SCB now holds 1.02% of the paid-up equity share capital of the company.
Religare Enterprises: Shareholders approved the Rs 570 crore preferential issue of fresh equity shares at a price of Rs 105.25 per share to existing shareholders like Burman family & Ares SSG Capital and selected new marquee investors.
Piramal Enterprises: Approved the allotment of 1,250 secured NCDs at issue price of Rs 10.01 lakh per debenture, aggregating to Rs 125.19 crore on private placement basis.
Vakrangee: Partnered with EDUSAKSHAM an EdTech startup by IIT Alumni, to offer online tuition/live classes, e-Learning courses, practice and assessment-based modules to the customers under highly emerging sector of online education domain.
Maruti Suzuki India: Total production in June up 226% to 1,65,576 units Vs 50,742 units last year.
Force Motors: The company’s total production in June stood at 1,757 units. It reported domestic sales of 1,501 units and exports of 424 units.
Alembic: The company said its bulk drugs business continues to remain under pressure. “Despite persistent efforts by the management to improve efficiency and reduce overheads, the business incurred losses during the year. The company continues to work towards right sizing its operations. The bulk drugs business will remain under pressure due to competitive business scenarios as well as the ever-increasing capital-intensive asset modernisation and refurbishment of manufacturing facilities requirements. The business faces an uncertain future, despite our sincere efforts.”
*Good Morning*
Stalled Monsoon in India May Start Advancing Again From July 10
South West Monsoon May Revive Over South India from July 8: IMD
India’s Sebi Introduces Standard Rules to Handle Tech Glitches
Indian Cooking Oil Processors Seek Curbs on Refined Palm Imports
Palm Oil Caps Longest Run of Gains Since March on Indian Demand
Paytm Readying $2.2 Billion IPO Plan for July Investor Vote
Siemens Gamesa to Supply for 301 MW Indian Wind Farm
India Cumulative Monsoon Rainfall Normal as of July 5
Indian Road Logistic Industry- Trends & Credit Outlook: ICRA
Global Funds Sell Net INR3.38B of India Stocks on Monday: NSE
Domestic funds buy net 6.46b rupees of stocks
Foreign Investors Sell Net INR25.1B of Indian Equities on July 2
Foreigners Sell Net INR1.44B of Indian Equity Derivatives Monday
FMCG cos see double-digit sales growth in Apr-June qtr amid pandemic: PTI
Tata Motors plans to hike passenger vehicles prices: PTI
Kotak Investment Advisors raises Rs 1,386 crore for pre-IPO fund: PTI
Godrej Consumer (GCPL): Sees strong double-digit 1Q sales growth
Kirloskar Electric (KECL): Extends lay-off period for 39 workmen for a period for 60 days
Maruti Suzuki (MSIL): Says total production in June at 165,576 units
NMDC (NMDC): Sets Offer-for- sale shares floor price at 165 rupees each
NTPC Ltd. (NTPC): NTPC Vidyut Vyapar Nigam invite bids for e-buses in Delhi, Leh
Stalled Monsoon in India May Start Advancing Again From July 10
South West Monsoon May Revive Over South India from July 8: IMD
India’s Sebi Introduces Standard Rules to Handle Tech Glitches
Indian Cooking Oil Processors Seek Curbs on Refined Palm Imports
Palm Oil Caps Longest Run of Gains Since March on Indian Demand
Paytm Readying $2.2 Billion IPO Plan for July Investor Vote
Siemens Gamesa to Supply for 301 MW Indian Wind Farm
India Cumulative Monsoon Rainfall Normal as of July 5
Indian Road Logistic Industry- Trends & Credit Outlook: ICRA
Global Funds Sell Net INR3.38B of India Stocks on Monday: NSE
Domestic funds buy net 6.46b rupees of stocks
Foreign Investors Sell Net INR25.1B of Indian Equities on July 2
Foreigners Sell Net INR1.44B of Indian Equity Derivatives Monday
FMCG cos see double-digit sales growth in Apr-June qtr amid pandemic: PTI
Tata Motors plans to hike passenger vehicles prices: PTI
Kotak Investment Advisors raises Rs 1,386 crore for pre-IPO fund: PTI
Godrej Consumer (GCPL): Sees strong double-digit 1Q sales growth
Kirloskar Electric (KECL): Extends lay-off period for 39 workmen for a period for 60 days
Maruti Suzuki (MSIL): Says total production in June at 165,576 units
NMDC (NMDC): Sets Offer-for- sale shares floor price at 165 rupees each
NTPC Ltd. (NTPC): NTPC Vidyut Vyapar Nigam invite bids for e-buses in Delhi, Leh
Oil Stocks : OPEC+ has failed to reach a deal, abandoning its planned meeting and leaving the oil market facing much tighter supplies.
Brent Crude jumps 1 % .. Above $ 77 /barrel
Brent Crude At almost 3 years High... Last tym Brent crude touched $ 77 was on 30 Oct 2018 😅😅
Brent Crude jumps 1 % .. Above $ 77 /barrel
Brent Crude At almost 3 years High... Last tym Brent crude touched $ 77 was on 30 Oct 2018 😅😅
GM jsk stock in news manindra, macrotekdev, godrejprop,interglibe,spicejet,ongc,hoec,suntek,delta,itdcem,caplin, sunpharma,heranabs,irctc,Kims,indigopaint,jtlinfra,tatamot, infoedge,abanoff,mstc. Negative stocks NMDC,idfcfirst,bse,mcx,cdsl. Nifty range 15680-15900.
🌟Good Morning All🌟
☀️ BSC Exclusive Morning Market News & Update☀️
🔹NMDC: Government to sell 7.49% of the company's equity through an offer for sale. The initial plan is for the sale of 11.72 crore shares or 4% of the total equity with a green shoe option to sell another 10.22 crore shares or 3.49% of the total equity. The floor price of Rs 165 per share is at a discount of 5.87% to Monday's closing price. The OFS opens for non-retail investors today and for retail investors tomorrow.
🔹NTPC: The wholly-subsidiary of the company, NTPC Vidyut Vyapar Nigam, has invited bids for e-buses in Delhi, Leh.
🔹CG Power and Industrial Solutions: Allotment of 1.38 crore shares worth Rs 101.2 crore to Standard Chartered Bank (Singapore) completed. SCB now holds 1.02% of the paid-up equity share capital of the company.
🔹Religare Enterprises: Shareholders approved the Rs 570 crore preferential issue of fresh equity shares at a price of Rs 105.25 per share to existing shareholders like Burman family & Ares SSG Capital and selected new marquee investors.
🔹Piramal Enterprises: Approved the allotment of 1,250 secured NCDs at issue price of Rs 10.01 lakh per debenture, aggregating to Rs 125.19 crore on private placement basis.
🔹Vakrangee: Partnered with EDUSAKSHAM an EdTech startup by IIT Alumni, to offer online tuition/live classes, e-Learning courses, practice and assessment-based modules to the customers under highly emerging sector of online education domain.
🔹Maruti Suzuki India: Total production in June up 226% to 1,65,576 units Vs 50,742 units last year.
🔹Force Motors: The company’s total production in June stood at 1,757 units. It reported domestic sales of 1,501 units and exports of 424 units.
🔹Alembic: The company said its bulk drugs business continues to remain under pressure. “Despite persistent efforts by the management to improve efficiency and reduce overheads, the business incurred losses during the year. The company continues to work towards right sizing its operations. The bulk drugs business will remain under pressure due to competitive business scenarios as well as the ever-increasing capital-intensive asset modernisation and refurbishment of manufacturing facilities requirements. The business faces an uncertain future, despite our sincere efforts.”
Pledge Share Details
💫Adani Transmission: Promoter Adani Tradeline LLP created a pledge of 66.06 lakh shares between July 2-3.
💫HFCL: Promoters (MN Ventures, Nextwave Communications and Anant Nahata) revoked pledge of 18.11 crore shares between July 2-3.
💫JSW Steel: Promoter JTPM Metal Traders revoked pledge of 5.84 lakh shares between June 29-30.
💫Prime Focus: Promoter Naresh Malhotra revoked pledge of 93.60 lakh shares on June 1.
💫SH Kelkar and Company: Promoters (Keva Constructions and Kedar Vaze) created a pledge of 50 lakh shares on June 29.
Who’s Meeting Whom
🔸Affle (India): To meet Malabar Investments on July 6 and Franklin Templeton and Janchor Partners on July 7.
🔸Deepak Fertilisers and Petrochemicals Corporation: To meet Mirae Asset Capital Markets (India) on July 6.
Trading Tweaks
🍁Ex-Date Bonus Issue: Bansal Roofing Products
🍁Ex-Date Dividend: Century Textiles & Industries, Ponni Sugars (Erode), SKF India
🍁Ex-Date Final Dividend: JMC Projects (India), Natural Capsules, Piramal Enterprises
🍁Price Band Revised From 10% To 5%: Jain Irrigation Systems, Uttam Sugar Mills
🍁Price Band Revised From 20% To 10%: Apex Frozen Foods, HFCL, Newgen Software Technologies, Steel Exchange India
🍁Move Into Short-Term ASM Framework: Alicon Castalloy, Happiest Minds Technologies
🍁Move Out Of Short-Term ASM Framework: BL Kashyap and Sons, Den Networks, Zee Media Corporation, Sharda Motor Industries
🍁Move Into ASM Framework: Zee Media Corporation, Rupa & Company, Olectra Greentech, Steel Exchange India, Rajratan Global Wire, Bajaj Hindusthan Sugar
Money Market Update
🔆The rupee ended at 74.31 against the U.S. Dollar on Monday as compared to Friday's closing of 74.74.
☀️ BSC Exclusive Morning Market News & Update☀️
🔹NMDC: Government to sell 7.49% of the company's equity through an offer for sale. The initial plan is for the sale of 11.72 crore shares or 4% of the total equity with a green shoe option to sell another 10.22 crore shares or 3.49% of the total equity. The floor price of Rs 165 per share is at a discount of 5.87% to Monday's closing price. The OFS opens for non-retail investors today and for retail investors tomorrow.
🔹NTPC: The wholly-subsidiary of the company, NTPC Vidyut Vyapar Nigam, has invited bids for e-buses in Delhi, Leh.
🔹CG Power and Industrial Solutions: Allotment of 1.38 crore shares worth Rs 101.2 crore to Standard Chartered Bank (Singapore) completed. SCB now holds 1.02% of the paid-up equity share capital of the company.
🔹Religare Enterprises: Shareholders approved the Rs 570 crore preferential issue of fresh equity shares at a price of Rs 105.25 per share to existing shareholders like Burman family & Ares SSG Capital and selected new marquee investors.
🔹Piramal Enterprises: Approved the allotment of 1,250 secured NCDs at issue price of Rs 10.01 lakh per debenture, aggregating to Rs 125.19 crore on private placement basis.
🔹Vakrangee: Partnered with EDUSAKSHAM an EdTech startup by IIT Alumni, to offer online tuition/live classes, e-Learning courses, practice and assessment-based modules to the customers under highly emerging sector of online education domain.
🔹Maruti Suzuki India: Total production in June up 226% to 1,65,576 units Vs 50,742 units last year.
🔹Force Motors: The company’s total production in June stood at 1,757 units. It reported domestic sales of 1,501 units and exports of 424 units.
🔹Alembic: The company said its bulk drugs business continues to remain under pressure. “Despite persistent efforts by the management to improve efficiency and reduce overheads, the business incurred losses during the year. The company continues to work towards right sizing its operations. The bulk drugs business will remain under pressure due to competitive business scenarios as well as the ever-increasing capital-intensive asset modernisation and refurbishment of manufacturing facilities requirements. The business faces an uncertain future, despite our sincere efforts.”
Pledge Share Details
💫Adani Transmission: Promoter Adani Tradeline LLP created a pledge of 66.06 lakh shares between July 2-3.
💫HFCL: Promoters (MN Ventures, Nextwave Communications and Anant Nahata) revoked pledge of 18.11 crore shares between July 2-3.
💫JSW Steel: Promoter JTPM Metal Traders revoked pledge of 5.84 lakh shares between June 29-30.
💫Prime Focus: Promoter Naresh Malhotra revoked pledge of 93.60 lakh shares on June 1.
💫SH Kelkar and Company: Promoters (Keva Constructions and Kedar Vaze) created a pledge of 50 lakh shares on June 29.
Who’s Meeting Whom
🔸Affle (India): To meet Malabar Investments on July 6 and Franklin Templeton and Janchor Partners on July 7.
🔸Deepak Fertilisers and Petrochemicals Corporation: To meet Mirae Asset Capital Markets (India) on July 6.
Trading Tweaks
🍁Ex-Date Bonus Issue: Bansal Roofing Products
🍁Ex-Date Dividend: Century Textiles & Industries, Ponni Sugars (Erode), SKF India
🍁Ex-Date Final Dividend: JMC Projects (India), Natural Capsules, Piramal Enterprises
🍁Price Band Revised From 10% To 5%: Jain Irrigation Systems, Uttam Sugar Mills
🍁Price Band Revised From 20% To 10%: Apex Frozen Foods, HFCL, Newgen Software Technologies, Steel Exchange India
🍁Move Into Short-Term ASM Framework: Alicon Castalloy, Happiest Minds Technologies
🍁Move Out Of Short-Term ASM Framework: BL Kashyap and Sons, Den Networks, Zee Media Corporation, Sharda Motor Industries
🍁Move Into ASM Framework: Zee Media Corporation, Rupa & Company, Olectra Greentech, Steel Exchange India, Rajratan Global Wire, Bajaj Hindusthan Sugar
Money Market Update
🔆The rupee ended at 74.31 against the U.S. Dollar on Monday as compared to Friday's closing of 74.74.
In fact, household debt has been steadily increasing ever since the GST implementation in July 2017, which was preceded by demonetisation in November 2016.
https://www.cnbctv18.com/economy/household-debt-jumps-to-373-of-gdp-in-fy21-report-9887181.htm?utm_source=telegramapp&utm_medium=social&utm_campaign=telegram
https://www.cnbctv18.com/economy/household-debt-jumps-to-373-of-gdp-in-fy21-report-9887181.htm?utm_source=telegramapp&utm_medium=social&utm_campaign=telegram
Cnbctv18
Household debt jumps to 37.3% of GDP in FY21: Report
In fact, household debt has been steadily increasing ever since the GST implementation in July 2017, which was preceded by demonetisation in November 2016.
Rare ₹20 Note May Fetch You Thousands Online. Here's How
http://dhunt.in/ioqOz?s=a&ss=pd
http://dhunt.in/ioqOz?s=a&ss=pd
Dailyhunt
Rare ₹20 Note May Fetch You Thousands Online. Here's How
New Delhi: Are you in urgent need of money and want to earn thousands of rupees within a shorter period of time? If yes, then here's some good news for you. If you have any Rs 20 note with no date (the ones which were in circulation before 2005), you may…
🏦 Financial News Bulletin Dt.6th July, 2021 forwarded by Allahabad Bank Employees' Union-APTS- affiliated to All India Bank Employees' Association (AIBEA)
The RBI today announced the open market purchase of Government bonds worth Rs 20,000 crore under the G-sec Acquisition Programme (G-SAP 2.0) on July 8. On July 4, RBI Governor Shaktikanta Das had announced that the central bank will conduct the open market purchase of government securities of Rs 1.2 lakh crore under the G-SAP 2.0 in Q2 of the financial year 2021-22 to support the market. This is the first round of purchases under G-SAP 2.0.
-Business Line
Private sector banks reported a steady increase in deposits in the provisional data for the quarter-ended June 30, 2021, though advances remained subdued amidst localised lockdowns that impacted business activity. However, bucking the trend, HDFC Bank reported a 14.4% growth in its advances to about ₹11,47,500 crore as of June 30, 2021 compared to ₹10,03,300 crore a year ago.
-Business Line
Loans against gold jewellery seem to have become a veritable gold mine for banks, going by the rapid growth in their portfolio in FY21. This is underscored by the fact that the portfolio of banks swelled 81.6% year-on-year (y-o-y) to ₹60,464 crore as on March 26, 2021, against ₹33,303 crore as on March 27, 2020, as per RBI data.
-Business LiLine
IndusInd Bank witnessed a 7% growth in its net advances to more than ₹2.11 lakh crore at the end of June this year, according to a regulatory filing. The net advances stood at ₹1.98 lakh crore at the end of June 30, 2020. On a quarter-on-quarter basis, the net advances were down 1 per cent from ₹2.13 lakh crore recorded at the end of March 2021, the bank said in the regulatory filing today.
-Livemint
Axis Bank will keep its focus on scaling up subsidiaries to let these companies gain more prominence in their respective segments, chief executive Amitabh Chaudhry said in its FY21 annual report.
-Livemint
There has been a substantial fall in the installation of point-of-sale (PoS) machines in India. By Q1 2021, the PoS terminal count came down to 4.72 million in March 2021, from an all-time high of 6.03 million in January 2021. According to the Worldline India Digital Payments Report for Q1 2021, the new number likely reflects a more realistic number of the terminals deployed. Industry sources said one reason for the fall is a growing realisation that in-store shopping could take some time to return in a big way owing to the pandemic.
-Business Standard
Digital financial services platform Paytm has launched Postpaid Mini, an extension of its Buy Now, Pay Later service, to drive affordability amongst those new to credit. The small-ticket instant loans will give flexibility to users to maintain liquidity during the Covid pandemic. This service has been launched in partnership with Aditya Birla Finance Ltd.
-Business Line
Market regulator Sebi today issued a detailed framework for penalising market infrastructure institutions (MIIs)— which includes stock exchanges, clearing corporations and depositories— for technical glitches.
-Business Standard
Shares of CSB Bank hit a record high of Rs 372.95, up 7% on the BSE in intra-day trade on Monday after the lender released a business update for the April-June quarter of the financial year 2021-22 (Q1FY22). The stock surpassed its previous high of Rs 362.50 touched on June 30, 2021.
-Business Standard
USD /INR 74.31
Sensex 52880.0 (+395.33)
BSE Bankex 39898.13 (+446.71)
Nifty 50 15834.35 (+112.15)
Nifty Bank 35212.0 (+402.10)
The RBI today announced the open market purchase of Government bonds worth Rs 20,000 crore under the G-sec Acquisition Programme (G-SAP 2.0) on July 8. On July 4, RBI Governor Shaktikanta Das had announced that the central bank will conduct the open market purchase of government securities of Rs 1.2 lakh crore under the G-SAP 2.0 in Q2 of the financial year 2021-22 to support the market. This is the first round of purchases under G-SAP 2.0.
-Business Line
Private sector banks reported a steady increase in deposits in the provisional data for the quarter-ended June 30, 2021, though advances remained subdued amidst localised lockdowns that impacted business activity. However, bucking the trend, HDFC Bank reported a 14.4% growth in its advances to about ₹11,47,500 crore as of June 30, 2021 compared to ₹10,03,300 crore a year ago.
-Business Line
Loans against gold jewellery seem to have become a veritable gold mine for banks, going by the rapid growth in their portfolio in FY21. This is underscored by the fact that the portfolio of banks swelled 81.6% year-on-year (y-o-y) to ₹60,464 crore as on March 26, 2021, against ₹33,303 crore as on March 27, 2020, as per RBI data.
-Business LiLine
IndusInd Bank witnessed a 7% growth in its net advances to more than ₹2.11 lakh crore at the end of June this year, according to a regulatory filing. The net advances stood at ₹1.98 lakh crore at the end of June 30, 2020. On a quarter-on-quarter basis, the net advances were down 1 per cent from ₹2.13 lakh crore recorded at the end of March 2021, the bank said in the regulatory filing today.
-Livemint
Axis Bank will keep its focus on scaling up subsidiaries to let these companies gain more prominence in their respective segments, chief executive Amitabh Chaudhry said in its FY21 annual report.
-Livemint
There has been a substantial fall in the installation of point-of-sale (PoS) machines in India. By Q1 2021, the PoS terminal count came down to 4.72 million in March 2021, from an all-time high of 6.03 million in January 2021. According to the Worldline India Digital Payments Report for Q1 2021, the new number likely reflects a more realistic number of the terminals deployed. Industry sources said one reason for the fall is a growing realisation that in-store shopping could take some time to return in a big way owing to the pandemic.
-Business Standard
Digital financial services platform Paytm has launched Postpaid Mini, an extension of its Buy Now, Pay Later service, to drive affordability amongst those new to credit. The small-ticket instant loans will give flexibility to users to maintain liquidity during the Covid pandemic. This service has been launched in partnership with Aditya Birla Finance Ltd.
-Business Line
Market regulator Sebi today issued a detailed framework for penalising market infrastructure institutions (MIIs)— which includes stock exchanges, clearing corporations and depositories— for technical glitches.
-Business Standard
Shares of CSB Bank hit a record high of Rs 372.95, up 7% on the BSE in intra-day trade on Monday after the lender released a business update for the April-June quarter of the financial year 2021-22 (Q1FY22). The stock surpassed its previous high of Rs 362.50 touched on June 30, 2021.
-Business Standard
USD /INR 74.31
Sensex 52880.0 (+395.33)
BSE Bankex 39898.13 (+446.71)
Nifty 50 15834.35 (+112.15)
Nifty Bank 35212.0 (+402.10)
*Economic Times*
Ø Tata Motors plans to hike passenger vehicles prices
Ø FMCG cos see double-digit sales growth in June quarter amid pandemic
Ø Online fashion brand Tjori signs Rs 16 crore equity deal with Hindustan Times
Ø Heranba Industries gets environmental clearance for Rs 110 crore expansion plan
Ø M&M to give its marketing structure a big digital boost
Ø Cash-strapped Vi planning to monetise assets to raise $1 billion
Ø OneWeb in talks to reduce access terminal costs, says Sunil Mittal
Ø IndusInd Bank June-end net advances up 7% at Rs 2.11 lakh cr
Ø Govt to sell up to 7.49% equity in NMDC Ltd through OFS
Ø Corporate buybacks gain steam with banks poised to boost buying
Ø MCX and Europe's EEX sign MoU to share knowledge and expertise on electricity derivative products
*Business Standard*
Ø Zomato's mega IPO gets Sebi nod, may hit market as early as this month
Ø Kotak Pre-IPO AIF raises Rs 1,386 cr, to invest in tech-focused businesses
Ø Steel companies reduce prices by Rs 1,200-2,000 a tonne across products
Ø Govt extends timeline for feedback on draft e-commerce rules to July 21
Ø Sebi announces new rules to make bourses pay for technical glitches
Ø Govt not to impose anti-dumping duty on certain copper items import
Ø India's June services activity shrinks at fastest rate in 11-months
Ø Icra cuts cement, road logistic growth outlook for FY22 due to second wave
Ø Demand from Western markets helped Indian Textile sector stay afloat
Ø Paytm to file draft prospectus next week for $2.3-bn IPO: Report
*Financial Express*
Ø No case for auction of satcom spectrum: Bharti Group Chairman Sunil Mittal
Ø Restaurant body NRAI approaches CCI on deep discounting, data masking, more by Zomato, Swiggy
Ø Demand for residential realty bounces back in June 2021: Report
Ø Tata Motors to hike prices for cars and SUVs again this year
Ø NTPC Renewable Energy Ltd IPO to hit markets in 2022-23
Ø India's services sector activities slump at fastest rate in 11 months in June: PMI
Ø Relief package: Spending curbs on ministries seen offsetting cost
Ø Mcap of eight of 10 most valued firms falls by Rs 65,176cr
Ø HDFC Bank loans rise over 14 pc to Rs 11.47 lakh cr in June
Ø BHEL supplies medical oxygen plant in record time
*Mint*
Ø Sebi gets strict on stock market snags
Ø Raymond's lifestyle biz CEO Joe Kuruvilla resigns
Ø KKR inks deal to buy GIP’s highway portfolio in India
Ø Margin pressures may offset revenue gains of IT firms in Q1
Ø In OPEC deadlock, UAE steps out of Saudi shadow
Ø OPEC+ deal fails, leaving oil market tighter as prices surge
Ø Government asks airlines to increase capacity
Ø Agriculture prices to ease but hunger, climate goals are far off
Ø Religare Enterprises to raise ₹570 cr via preferential issue of shares
Ø NTPC floats tender for deploying hydrogen fuel cell buses in Delhi, Leh
Ø Axis Bank to focus on scaling up subsidiaries, says Amitabh Chaudhry
Ø Tata Motors plans to hike passenger vehicles prices
Ø FMCG cos see double-digit sales growth in June quarter amid pandemic
Ø Online fashion brand Tjori signs Rs 16 crore equity deal with Hindustan Times
Ø Heranba Industries gets environmental clearance for Rs 110 crore expansion plan
Ø M&M to give its marketing structure a big digital boost
Ø Cash-strapped Vi planning to monetise assets to raise $1 billion
Ø OneWeb in talks to reduce access terminal costs, says Sunil Mittal
Ø IndusInd Bank June-end net advances up 7% at Rs 2.11 lakh cr
Ø Govt to sell up to 7.49% equity in NMDC Ltd through OFS
Ø Corporate buybacks gain steam with banks poised to boost buying
Ø MCX and Europe's EEX sign MoU to share knowledge and expertise on electricity derivative products
*Business Standard*
Ø Zomato's mega IPO gets Sebi nod, may hit market as early as this month
Ø Kotak Pre-IPO AIF raises Rs 1,386 cr, to invest in tech-focused businesses
Ø Steel companies reduce prices by Rs 1,200-2,000 a tonne across products
Ø Govt extends timeline for feedback on draft e-commerce rules to July 21
Ø Sebi announces new rules to make bourses pay for technical glitches
Ø Govt not to impose anti-dumping duty on certain copper items import
Ø India's June services activity shrinks at fastest rate in 11-months
Ø Icra cuts cement, road logistic growth outlook for FY22 due to second wave
Ø Demand from Western markets helped Indian Textile sector stay afloat
Ø Paytm to file draft prospectus next week for $2.3-bn IPO: Report
*Financial Express*
Ø No case for auction of satcom spectrum: Bharti Group Chairman Sunil Mittal
Ø Restaurant body NRAI approaches CCI on deep discounting, data masking, more by Zomato, Swiggy
Ø Demand for residential realty bounces back in June 2021: Report
Ø Tata Motors to hike prices for cars and SUVs again this year
Ø NTPC Renewable Energy Ltd IPO to hit markets in 2022-23
Ø India's services sector activities slump at fastest rate in 11 months in June: PMI
Ø Relief package: Spending curbs on ministries seen offsetting cost
Ø Mcap of eight of 10 most valued firms falls by Rs 65,176cr
Ø HDFC Bank loans rise over 14 pc to Rs 11.47 lakh cr in June
Ø BHEL supplies medical oxygen plant in record time
*Mint*
Ø Sebi gets strict on stock market snags
Ø Raymond's lifestyle biz CEO Joe Kuruvilla resigns
Ø KKR inks deal to buy GIP’s highway portfolio in India
Ø Margin pressures may offset revenue gains of IT firms in Q1
Ø In OPEC deadlock, UAE steps out of Saudi shadow
Ø OPEC+ deal fails, leaving oil market tighter as prices surge
Ø Government asks airlines to increase capacity
Ø Agriculture prices to ease but hunger, climate goals are far off
Ø Religare Enterprises to raise ₹570 cr via preferential issue of shares
Ø NTPC floats tender for deploying hydrogen fuel cell buses in Delhi, Leh
Ø Axis Bank to focus on scaling up subsidiaries, says Amitabh Chaudhry
*SGX Nifty -25 pts (15843) from last trade 15868 ,*
Nikkei +112 pts ,
Hangseng -7 pts ,
Now @6.57am .
US MKT CLSD , , Bovespa -701 pts , Ftse +41 pts , Dax +11 pts , Cac +14 pts , Crude @ $76.23 brl (+1.07), Brent @ $77.16 brl (-0.00) , Gold @ 1791.50 (+8.20), Silver @ $26.56 (-0.04), Euro @ $1.1862, JPY @ $110.92, INR @ 74.285
*Today's Corporate Action*
*6th Jul Ex Date*
BRPL
Bonus issue 3:1
CENTURYTEX
Dividend - Rs. - 1.0000
JMCPROJECT
Final Dividend - Rs. - 0.7000
NATCAPSUQ
Final Dividend - Rs. - 1.0000
PEL
Final Dividend - Rs. - 33.0000
PONNIERODE
Dividend - Rs. - 4.0000
PONNIERODE
Special Dividend - Rs. - 1.0000
SKFINDIA
Dividend - Rs. - 14.5000
*Today's Key Results/Board Meetings*
*6-Jul-21*
CLASELE
Voluntary Delisting of Shares
COFORGE
General
GCMSECU
General
GENESYS
Issue Of Warrants;Preferential Issue of shares
KONARKSY
Audited Results
KWALITY
Audited Results
VOLLF
General
*Stock under F&O ban on NSE*
*6-Jul-21*
1IBULHSGFIN
2NATIONALUM
3PNB
Nikkei +112 pts ,
Hangseng -7 pts ,
Now @6.57am .
US MKT CLSD , , Bovespa -701 pts , Ftse +41 pts , Dax +11 pts , Cac +14 pts , Crude @ $76.23 brl (+1.07), Brent @ $77.16 brl (-0.00) , Gold @ 1791.50 (+8.20), Silver @ $26.56 (-0.04), Euro @ $1.1862, JPY @ $110.92, INR @ 74.285
*Today's Corporate Action*
*6th Jul Ex Date*
BRPL
Bonus issue 3:1
CENTURYTEX
Dividend - Rs. - 1.0000
JMCPROJECT
Final Dividend - Rs. - 0.7000
NATCAPSUQ
Final Dividend - Rs. - 1.0000
PEL
Final Dividend - Rs. - 33.0000
PONNIERODE
Dividend - Rs. - 4.0000
PONNIERODE
Special Dividend - Rs. - 1.0000
SKFINDIA
Dividend - Rs. - 14.5000
*Today's Key Results/Board Meetings*
*6-Jul-21*
CLASELE
Voluntary Delisting of Shares
COFORGE
General
GCMSECU
General
GENESYS
Issue Of Warrants;Preferential Issue of shares
KONARKSY
Audited Results
KWALITY
Audited Results
VOLLF
General
*Stock under F&O ban on NSE*
*6-Jul-21*
1IBULHSGFIN
2NATIONALUM
3PNB
╭───────────────────╮
🌄 S̴h̴u̴b̴o̴u̴d̴h̴a̴y̴ : 06 Jul/आषाढ मास(Tuesday) ग्रीष्म ऋतू {कृष्ण पक्ष}🙏🏻
╰──────────────. ───╯
Today's top News ➣➣➣➣➣➣➣➣➣➣➣➣➣
1. The Ministry of Tourism has signed a Memorandum of Understanding, MoU with Yatra.Com to strengthen the Hospitality and Tourism Industry.
2. The Central Board of Direct Taxes, CBDT has granted further relaxation in electronic filing of Income Tax Forms 15CA and 15CB and extended the date of filing from 30th June to 15th July, 2021. The taxpayers can now submit these forms in manual format to the authorized dealers till 15th Jul 2021.
3. More than 35 crore 71 lakh vaccine doses administered so far in the country :Union Health Ministry report.
4. 52nd edition of the International Film Festival of India to be held from 20th to 28th November in Goa; Poster for the Festival released information and Broadcasting Minister Prakash Javadekar
5. Bihar: Unlock-4 extended for month; University, college & technical institutions to be opened with 50% attendance.
6. Patna court orders 7 days police custody of accused Imran Malik and his brother Nasira Malik in Darbhanga blast case.
7. Congress leader and son of former President Pranab Mukherjee, Abhijit Mukherjee has joined the ruling Trinamool Congress in Kolkata.
8. Twelve BJP MLAs were suspended on Monday from the Maharashtra Legislative Assembly for one year after the state government accused them of “misbehaving” with presiding officer Bhaskar Jadhav in the Speaker’s chamber.
9. The much-feared 3rx wave of coronavirus is likely to hit India by mid-August, while cases may peak in September : The report titled ‘Covid-19: The race to finishing line’, published by SBI Research.
10. The Central Board of Secondary Education (CBSE) on 05 Jul (Monday) announced a special assessment scheme for class 10 and 12 board exams for next year in view of the COVID-19 pandemic, splitting the academic session into two terms.
Nov-Dec, 2021 and March-April, 2022.
11. Earthquake of 3.7 Magnitude Hit Haryana, Mild Tremors Felt Across Delhi-NCR : The earthquake struck at around 10.36 pm. Its epicentre was at a latitude of 28.70 degrees north and longitude of 76.65 degrees east at a depth of 5 km in Jhajjar district of Haryana.
12. Elgar Parishad Case: Human Rights Defender and Jesuit priest Father Activist Stan Swamy, 84, Passes Away Ahead of Hearing on Bail Plea. Swamy was arrested on October 8 last year .
✈️ INTERNATIONAL NEWS
1. Airlines can now operate a maximum of 65% of their pre-Covid domestic flights instead of the 50 per cent allowed till date, the civil aviation ministry.
2. General MM Naravane, the Chief of Army Staff (COAS) is on an official 4-day visit to the United Kingdom & Italy from July 5-July 8, 2021. During the visit, he will be meeting his counterparts and senior military leaders of the two countries with an aim of enhancing India’s defence cooperation.
3. India to maintain warships in Gulf zone to aid merchant ships;:
India will continue to maintain a naval presence in the troubled Persian Gulf and Gulf of Oman, which is aimed at protecting and reassuring Indian-flagged merchant vessels and oil tankers transiting through the region.
4. India will continue to maintain a naval presence in the troubled Persian Gulf & Gulf of Oman, which is aimed at protecting and reassuring Indian-flagged merchant vessels and oil tankers transiting through the region.
5. Today birthday of The 14th Dalai Lama (religious name: Tenzin Gyatso, born 0n 06 July 1935) turns 86: He is the current Dalai Lama. Dalai Lamas are important monks of the Gelug school, the newest school of Tibetan Buddhism, which was formally headed by the Ganden Tripas. From the time of the 5th Dalai Lama to 1959, the central government of Tibet, the Ganden Phodrang, invested the position of Dalai Lama with temporal duties. His was escaped from the Chinese annexation of Tibet in March 1959 and came into India.
🌄 S̴h̴u̴b̴o̴u̴d̴h̴a̴y̴ : 06 Jul/आषाढ मास(Tuesday) ग्रीष्म ऋतू {कृष्ण पक्ष}🙏🏻
╰──────────────. ───╯
Today's top News ➣➣➣➣➣➣➣➣➣➣➣➣➣
1. The Ministry of Tourism has signed a Memorandum of Understanding, MoU with Yatra.Com to strengthen the Hospitality and Tourism Industry.
2. The Central Board of Direct Taxes, CBDT has granted further relaxation in electronic filing of Income Tax Forms 15CA and 15CB and extended the date of filing from 30th June to 15th July, 2021. The taxpayers can now submit these forms in manual format to the authorized dealers till 15th Jul 2021.
3. More than 35 crore 71 lakh vaccine doses administered so far in the country :Union Health Ministry report.
4. 52nd edition of the International Film Festival of India to be held from 20th to 28th November in Goa; Poster for the Festival released information and Broadcasting Minister Prakash Javadekar
5. Bihar: Unlock-4 extended for month; University, college & technical institutions to be opened with 50% attendance.
6. Patna court orders 7 days police custody of accused Imran Malik and his brother Nasira Malik in Darbhanga blast case.
7. Congress leader and son of former President Pranab Mukherjee, Abhijit Mukherjee has joined the ruling Trinamool Congress in Kolkata.
8. Twelve BJP MLAs were suspended on Monday from the Maharashtra Legislative Assembly for one year after the state government accused them of “misbehaving” with presiding officer Bhaskar Jadhav in the Speaker’s chamber.
9. The much-feared 3rx wave of coronavirus is likely to hit India by mid-August, while cases may peak in September : The report titled ‘Covid-19: The race to finishing line’, published by SBI Research.
10. The Central Board of Secondary Education (CBSE) on 05 Jul (Monday) announced a special assessment scheme for class 10 and 12 board exams for next year in view of the COVID-19 pandemic, splitting the academic session into two terms.
Nov-Dec, 2021 and March-April, 2022.
11. Earthquake of 3.7 Magnitude Hit Haryana, Mild Tremors Felt Across Delhi-NCR : The earthquake struck at around 10.36 pm. Its epicentre was at a latitude of 28.70 degrees north and longitude of 76.65 degrees east at a depth of 5 km in Jhajjar district of Haryana.
12. Elgar Parishad Case: Human Rights Defender and Jesuit priest Father Activist Stan Swamy, 84, Passes Away Ahead of Hearing on Bail Plea. Swamy was arrested on October 8 last year .
✈️ INTERNATIONAL NEWS
1. Airlines can now operate a maximum of 65% of their pre-Covid domestic flights instead of the 50 per cent allowed till date, the civil aviation ministry.
2. General MM Naravane, the Chief of Army Staff (COAS) is on an official 4-day visit to the United Kingdom & Italy from July 5-July 8, 2021. During the visit, he will be meeting his counterparts and senior military leaders of the two countries with an aim of enhancing India’s defence cooperation.
3. India to maintain warships in Gulf zone to aid merchant ships;:
India will continue to maintain a naval presence in the troubled Persian Gulf and Gulf of Oman, which is aimed at protecting and reassuring Indian-flagged merchant vessels and oil tankers transiting through the region.
4. India will continue to maintain a naval presence in the troubled Persian Gulf & Gulf of Oman, which is aimed at protecting and reassuring Indian-flagged merchant vessels and oil tankers transiting through the region.
5. Today birthday of The 14th Dalai Lama (religious name: Tenzin Gyatso, born 0n 06 July 1935) turns 86: He is the current Dalai Lama. Dalai Lamas are important monks of the Gelug school, the newest school of Tibetan Buddhism, which was formally headed by the Ganden Tripas. From the time of the 5th Dalai Lama to 1959, the central government of Tibet, the Ganden Phodrang, invested the position of Dalai Lama with temporal duties. His was escaped from the Chinese annexation of Tibet in March 1959 and came into India.