Tata Motors EV company : a comparison with global EV players

Number of units sold per month
Tata EV company: 1000
Nio : 10000
Li auto : 9400
XPeng : 7200
Tesla : 80000

Market cap: in bln$
Tata EV co: 9.1
Nio:58.3
Li auto:28.7
Xpeng:32.2
Tesla: 807.1

source: HSBC

*Business News Headlines* 🇮🇳

*Economic Times*

Ø Shriram Housing Fin gets Rs 300 cr equity capital from parent firm
Ø NTPC in talks with banks to rescue ₹30,000 crore debt-laden KSK Mahanadi Power
Ø Right pricing to hold the key for Zydus Cadila's vaccine launch
Ø Zee fight: Invesco claims potential transaction was negotiated between Reliance and Punit Goenka
Ø Reliance Retail close to signing up as Gap Franchisee in India
Ø NSE-BSE bulk deals: DBS Bank India sells stake in Supreme Holdings
Ø Rakesh Jhunjhunwala tells PM Modi: "India ka time aa gaya"!
Ø Grey market punters already trading on planned unicorn IPOs
Ø India looks at close to double digit growth this year: FM Sitharaman
Ø Govt receives financial bids for stake in Central Electronics
Ø Union Cabinet extends Swachh Bharat, AMRUT schemes by 5 years

*Business Standard*

Ø Dish TV board cites rules, rejects YES Bank's demands to hold EGM
Ø Cement demand to remain strong in FY22 on rural, infra requirement: Icra
Ø No shortage of anything; reports of coal crisis baseless: FM Sitharaman
Ø Govt scraps basic customs duty, cuts cess on crude palm, soy, sunflower oil
Ø Reliance Industries invests nearly $29 million in Germany's NexWafe
Ø Former State Bank of India chief Rajnish Kumar joins BharatPe as chairman
Ø Gold loans firms' FY22 book to grow at 18-20% on tiny biz demand: Crisil
Ø Real estate sales momentum to sustain after record Q2FY22 performance
Ø Tesla car to be affordable in India, will cost Rs 35 lakh, says Gadkari
Ø Telecom companies vie for more space in Indian Space Association

*Financial Express*

Ø Future Group firms convene shareholder, creditors meetings to seek approval for Reliance deal
Ø Bharti's OneWeb partners with ISRO for satellite launch in India; aims to enhance digital connectivity
Ø Coal ministry conducts pre-bid conference for auction of 11 mines
Ø Sebi tweaks norms for REITs, InvITs on exit option for dissenting unit holders
Ø Bond yields rise on sharp increase in oil prices
Ø Reliance acquires Norway's REC Solar, 40% in Sterling & Wilson Solar for Rs 8,645crore
Ø SEBI bans Infosys employee from stock markets on insider trading charges, impounds Rs 2.6 crore
Ø GI tag for basmati rice: Nepal poses big threat to India, increase acreage
Ø Financial bids for BPCL after September
Ø Govt amends rules to allow 50% sale of coal from captive mines
Ø ABB Power Products gets shareholders' nod to rechristen company

*Mint*

Ø Infosys raises FY22 outlook, Wipro  hits $10 billion run rate
Ø CarDekho is eyeing a public listing in the next 18 months: CEO Jain
Ø Dish TV rejects Yes Bank’s proposal to hold an EGM
Ø The Sony-Zee game plan for Indian Premier League
Ø Unicorns  see  meteoric  rise  in  valuations  as their  tribe  increases
Ø Adani Wilmar’s IPO is likely to get Sebi approval this week
Ø Sajjan Jindal appointed chairman of World Steel Association
Ø EU in talks to delay reforms for $61 trillion securities market
Ø Reliance Infra to use ₹7,100 cr from DMRC arbitral award to repay debt'
Ø Cognizant’s Humphries struggles to build stable leadership
Ø Cognizant’s Humphries struggles to build stable leadership
Ø Tata Steel becomes 24th company to join Sea Cargo Charter to meet climate goals
Ø Oil-sensitive currencies get a bigger boost with crude above $80

*Business News Headlines* 🇮🇳

*Economic Times*

Ø Shriram Housing Fin gets Rs 300 cr equity capital from parent firm
Ø NTPC in talks with banks to rescue ₹30,000 crore debt-laden KSK Mahanadi Power
Ø Right pricing to hold the key for Zydus Cadila's vaccine launch
Ø Zee fight: Invesco claims potential transaction was negotiated between Reliance and Punit Goenka
Ø Reliance Retail close to signing up as Gap Franchisee in India
Ø NSE-BSE bulk deals: DBS Bank India sells stake in Supreme Holdings
Ø Rakesh Jhunjhunwala tells PM Modi: "India ka time aa gaya"!
Ø Grey market punters already trading on planned unicorn IPOs
Ø India looks at close to double digit growth this year: FM Sitharaman
Ø Govt receives financial bids for stake in Central Electronics
Ø Union Cabinet extends Swachh Bharat, AMRUT schemes by 5 years

*Business Standard*

Ø Dish TV board cites rules, rejects YES Bank's demands to hold EGM
Ø Cement demand to remain strong in FY22 on rural, infra requirement: Icra
Ø No shortage of anything; reports of coal crisis baseless: FM Sitharaman
Ø Govt scraps basic customs duty, cuts cess on crude palm, soy, sunflower oil
Ø Reliance Industries invests nearly $29 million in Germany's NexWafe
Ø Former State Bank of India chief Rajnish Kumar joins BharatPe as chairman
Ø Gold loans firms' FY22 book to grow at 18-20% on tiny biz demand: Crisil
Ø Real estate sales momentum to sustain after record Q2FY22 performance
Ø Tesla car to be affordable in India, will cost Rs 35 lakh, says Gadkari
Ø Telecom companies vie for more space in Indian Space Association

*Financial Express*

Ø Future Group firms convene shareholder, creditors meetings to seek approval for Reliance deal
Ø Bharti's OneWeb partners with ISRO for satellite launch in India; aims to enhance digital connectivity
Ø Coal ministry conducts pre-bid conference for auction of 11 mines
Ø Sebi tweaks norms for REITs, InvITs on exit option for dissenting unit holders
Ø Bond yields rise on sharp increase in oil prices
Ø Reliance acquires Norway's REC Solar, 40% in Sterling & Wilson Solar for Rs 8,645crore
Ø SEBI bans Infosys employee from stock markets on insider trading charges, impounds Rs 2.6 crore
Ø GI tag for basmati rice: Nepal poses big threat to India, increase acreage
Ø Financial bids for BPCL after September
Ø Govt amends rules to allow 50% sale of coal from captive mines
Ø ABB Power Products gets shareholders' nod to rechristen company

*Mint*

Ø Infosys raises FY22 outlook, Wipro  hits $10 billion run rate
Ø CarDekho is eyeing a public listing in the next 18 months: CEO Jain
Ø Dish TV rejects Yes Bank’s proposal to hold an EGM
Ø The Sony-Zee game plan for Indian Premier League
Ø Unicorns  see  meteoric  rise  in  valuations  as their  tribe  increases
Ø Adani Wilmar’s IPO is likely to get Sebi approval this week
Ø Sajjan Jindal appointed chairman of World Steel Association
Ø EU in talks to delay reforms for $61 trillion securities market
Ø Reliance Infra to use ₹7,100 cr from DMRC arbitral award to repay debt'
Ø Cognizant’s Humphries struggles to build stable leadership
Ø Cognizant’s Humphries struggles to build stable leadership
Ø Tata Steel becomes 24th company to join Sea Cargo Charter to meet climate goals
Ø Oil-sensitive currencies get a bigger boost with crude above $80

*🌄 समाचार सुप्रभात🗞*

*14 अक्टूबर, 2021 वीरवार*
➖➖➖➖➖

*♨️Top Headlines*

*◼️PM Modi launches PM Gati Shakti; also launches New Exhibition Complex at Pragati Maidan in Delhi*

*◼️CII lauds launch of Gati Shakti Master Plan*

*◼️India strongly rejects China's objection to Vice President's visit to Arunachal Pradesh*

*◼️EAM Jaishankar meets his Armenian counterpart Ararat Mirzoyan; Both countries decide to enhance cooperation in trade, education, cultural exchanges*

*◼️India marches towards 100 crore mark in COVID-19 vaccination*

*🇮🇳NATIONAL*

*◼️Giriraj Singh launches Climate Resilience Information System and Planning CRISP-M tool*

*◼️More than 97 crore 79 lakh doses of COVID-19 provided to states, UTs so far*

*◼️Rajnath Singh to deliver inaugural address at Webinar on Role of Women in Armed Forces today*

*◼️INS Ranvijay, INS Satpura participate in Multilateral Maritime Ex Malabar Phase II in Bay of Bengal*

*◼️President Kovind on two-day visit of Ladakh, J&K from today*

*🌎INTERNATIONAL*

*◼️US to reopen its borders with Mexico & Canada to fully vaccinated travellers from November*

*◼️Bangladesh: Houses attacked, temples vandalised after alleged desecration of religious book at Cumilla*

*◼For getting latest and Educational update join "Haryana Educational update" Facebook page*

*◼️Chief of Army Staff Naravane lays wreath at Indian Peace Keeping Force War Memorial in Sri Lanka*

*◼️India strongly condemns terrorist attack on Shia Mosque in Afghanistan*

*◼️India hands over life support ambulance to Bangladesh*

*♨️मुख्य समाचार*

*◼️प्रधानमंत्री ने कहा - गतिशक्ति से 21वीं सदी के भारत को मल्‍टीमॉडल कनेक्टिविटी और उन्‍नत बुनियादी ढांचा उपलब्‍ध होगा*

*◼️भारतीय उद्योग परिसंघ ने गतिशक्ति मास्‍टर प्‍लान की सराहना की, इसे सही समय पर की गई क्रांतिकारी पहल बताया*

*◼️भारत ने उपराष्‍ट्रपति की अरूणाचल प्रदेश यात्रा पर चीन की आपत्ति खारिज की, कहा - यह प्रदेश, भारत का अभिन्‍न अंग है*

*◼️विदेश मंत्री एस. जयशंकर ने आर्मेनिया की राजधानी येरेवान में वहां के विदेश मंत्री अरारत मिर्जोआन से मुलाकात की*

*◼️देश, कोविडरोधी टीकाकरण में सौ करोड का आंकडा प्राप्‍त करने की दिशा में अग्रसर, स्‍वस्‍थ होने की दर 98 दशमलव शून्‍य छह प्रतिशत*

*🇮🇳राष्ट्रीय*

*◼️राष्‍ट्रपति राम नाथ कोविंद आज से लद्दाख और जम्‍मू-कश्‍मीर की दो दिन की यात्रा पर रहेंगे*

*◼️कोयला मंत्री ने ताप विद्युत केन्‍द्रों को कोयले की आपूर्ति में वृद्धि पर प्रसन्‍नता व्‍यक्‍त की है*

*◼️रक्षामंत्री आज एससीओ द्वारा आयोजित सशस्त्र बलों में महिलाओं की भूमिका पर एक वेबिनार में उद्घाटन भाषण देंगे*

*◼️राज्यों और केंद्रशासित प्रदेशों को 97 करोड़ उनासी लाख से अधिक कोविड रोधी टीके निशुल्क और सीधे राज्य खरीद के माध्यम से उपलब्ध कराये हैं*

*◼️भारत-पाकिस्‍तान युद्ध के 50 वर्ष पूरे होने पर देश भर में स्वर्णिम विजय वर्ष मनाया गया*

*🌎अंतरराष्ट्रीय*

*◼️2022 में बांग्लादेश का सकल घरेलू उत्‍पाद साढ़े छह प्रतिशत की दर से बढ़ेगा*

*अमरीका नवंबर से मेक्सिको और कनाडा के साथ अपनी सीमाओं को कोविड का टीका लगाए हुए यात्रियों के लिए फिर से खोल देगा*

*🏏खेल समाचार*

*◼️आईपीएल में कोलकाता नाइट राइडर्स ने दिल्ली को 3 विकेट से हराया, कोलकाता और चेन्नई सुपर किंग पहुंची फाइनल में अब 15 अक्टूबर को होगा फाइनल*

*🇦🇶राज्य समाचार*

*◼️जम्मू-कश्मीर पोस्टल सर्कल ने आज जम्मू-कश्मीर के गुमनाम नायकों सर्वानंद कौल प्रेमी और मोहम्मद मकबूल शेरवानी पर दो विशेष डाक टिकट जारी किए*

*◼️लेह-लद्दाख और करगिल के 13 सदस्‍यीय प्रतिनिधिमंडल ने गुजरात के भारतीय प्रौद्योगिकी संस्‍थान गांधी नगर का दौरा किया*

*◼️महाराष्ट्र सरकार ने भारी वर्षा और बाढ से प्रभावित किसानों के लिए दस हजार करोड़ रुपये की आर्थिक सहायता की घोषणा की है*

*◼️न्‍यायमूर्ति अरविन्‍द कुमार ने गुजरात उच्‍च न्‍यायालय के मुख्‍य न्‍यायाधीश पद की शपथ ली*

*◼️केन्‍द्रीय मत्‍स्‍य और पशु पालन राज्‍य मंत्री का केन्‍द्र सरकार के जन संपर्क कार्यक्रम के अंतर्गत सांबा जिले का दो दिन का दौरा संपन्‍न*

_🚫चेतावनी: इस न्यूज़ बुलेटिन में दिए गए आंकड़े व समाचार भारत सरकार की न्यूज एजेंसी से लिए गए हैं अपने स्तर पर उनमें किसी तरह का बदलाव ना करें इसके लिए आप स्वयं जिम्मेवार होंगे_

*Good Morning*

• India Builds Up Covid Vaccine Stocks to Lift Shipments Globally
• Invesco Says Zee Founders Explored Deal with Reliance
o Reliance Says It Never Resorted For Hostile Takeover Of Zee
• Infosys Raises Revenue Outlook as IT Spending Holds Up
• Coal India Raises Supplies to Power Plants to Avert Crisis
• India Cuts Import Taxes on Edible Oils Again to Cool Market
• India’s September Oil Products Consumption Rises 2.9% Y/y
• OIL DEMAND MONITOR: U.S. Air Travel Recovery Beating Europe
• Global Funds Buy Net INR9.37B of India Stocks on Wednesday: NSE
o Domestic funds sell net 4.32b rupees of stocks
• Foreign Investors Buy Net INR2.55B of Indian Equities on Oct. 12
• Foreigners Buy Net INR8.85B Indian Equity Derivatives Wednesday
• Indian Stock Gauges Scale New Record Highs on Growth Optimism
• India strongly rejects China’s objection to Vice President Naidu’s Arunachal visit: PTI
• 12pm: India Sept. Wholesale Price Inflation YoY, est. 11.15%, prior 11.39%
• 12pm: India Care Sales data for September
• 10/14-10/15: India Sept. trade balance, est. -$22.9b, prior -$13.8b
o India Sept. Exports YoY, no est., prior 45.8%
o India Sept. Imports YoY, no est., prior 51.7%
• Dish TV India (DITV): Says board agreed that EGM cannot be called as sought by Yes Bank (YES)
• Hero MotoCorp (HMCL): Introduces retail finance schemes for customers
• Infosys (INFO): 2Q net income +12% y/y to 54.2 billion rupees, beats est. 52.88b; Revenue +20% y/y to 296b rupees, est. 293.65b
o Infosys Working on ‘A Solid Number’ of Large Deals, CEO Says
• Mindtree (MTCL): 2Q net income +57% y/y to 3.99b rupees, beats est. 3.39b; revenue +34% y/y to 25.9b
• NLC India (NLC): Seeks to raise coal output to 20m tons from 4m tons from next year
• PTC India (PTCIN): CMD Deepak Amitabh Resigns Effective Nov. 5 due to Personal Reaons
• Shipping Corp. (SCI): Says non-core assets to be hived off into unit
• UltraTech Cement (UTCEM): Says to fund capacity add via internal accruals; additional capacity need INR4b investment
• Wipro (WPRO): 2Q net income +19% y/y to 29.3b rupees, beats est. 28.75b; Revenue +30% y/y to 196.7b