Tuesday 6 April 2021

@AlliesFin Serve Stock Market's Post

• India Delays Anti-Pollution Rules for Coal Power Plants Again

• Pakistan’s Trade Flip-Flop Evokes Conflict Between the Koreas

• Jana Small Finance Bank IPO Prospectus Reveals Troubled Past: BQ

• Reliance’s Creditors, Holders Approve Oil-to-Chemicals Spinoff

• RBI Surprises With $530 Million Bond Sales in Secondary Market

o Central bank sold 38.8 billion rupees of bonds last week

• India Forex Reserves Fall $2.99b to $579.3b in Week to March 26

• India’s Largest Lender Says Online Banking Shut For 3.5 Hours

• Raw Sugar Slides to Longest Weekly Rout in More than 3- Years

o India boosts output as China shows signs of easing purchases

• NCLAT Lifts Restriction On RBI Action Against SREI Equipment: BQ

• Global Funds Buy Korean, Indian, Thai, Indonesian Bonds

• Global Funds Buy Net INR1.49B of India Stocks on April 1: NSE

o Domestic funds sell net 2.97b rupees of stocks

• Foreigners Buy Net INR46.8B of India Equity Derivatives April 1

• World Economy Risks ‘Dangerously Diverging’ Even as Growth Booms

• Guardians of Global Economy Gather to Assess Damage: Eco Week

• Powell at IMF/World Bank Spring Meetings: Week Ahead April 3-9

o Australia, India rate decisions; FOMC minutes; Masters golf

• India Seeks Restoration of Democracy in Myanmar Amid Violence

• PM Modi chairs high-level meet to review COVID situation as cases surge: PTI

• ByteDance Calls India’s Bank Account Freeze Harassment: Reuters

• Reliance-BP seek buyers for 5.5 mmscmd gas from KG-D6: PTI

• Tycoon Brothers Pay $137 Million for Mumbai Property, ET Says

• Indian 4G Tender May Block China’s Huawei and ZTE, ET Reports

• Shapoorji Founders to Raise Up to $681m Against Tata Holding: ET

• Bajaj Auto (BJAUT): March sales 369,448 units vs 242,575 year ago

• Bank of Baroda (BOB): IL&FS Maintains Est. of Addressing INR560b Debt by FY22

• CSB Bank (CSBBANK): Says gross advances at INR132.9B end-Dec vs INR127.6B Q/Q

• Cipla (CIPLA): Says Digihealth to Buy Pharmarack Tech for INR1.11B

• Coal India (COAL): Coal India’s Shipments Sink to Four-Year Low Amid Covid Crisis

• Eicher Motors (EIM): Says March sales +84% to 66,058 units

• Hero MotoCorp (HMCL): Says March vehicle sales +72% to 576,957 units

• Housing Development Finance Corp (HDFC): Says HDFC Capital, Cerberus to form Special Situations platform

• IL&FS Transportation (ILFT): Says received a settlement amount INR6.73b for KNCEL & INR200m claims for CNTL, from NHAI

o IL&FS gets INR10.35B upon sale of China road asset

• J&K Bank (JKBK): Says J&K state to infuse INR5b capital

• Mahindra & Mahindra (MM): Mahindra and Ford won’t collaborate on projects in India

• Maruti Suzuki (MSIL): Says Suzuki’s Gujarat plant C starts operation, adding 250,000 unit/yr production capacity

• Natco Pharma (NTCPH): Says U.S. FDA approves its ANDA for Bosentan

• Parag Milk (PARAG): Raises $21M from IFC via share, FCCB issue

• Steel Authority (SAIL): Says slashes gross debt by nearly one third in FY21

• TVS Motor (TVSL): March sales +123% to 322,683 units

• Unitech (UT): Indian agency seizes properties worth INR1.97b in Unitech case

• 10:30am: Markit India Manufacturing PMI for March, prior 57.5
By: via @AlliesFin Serve Stock Market

AlliesFinServe #StockMarket #Bharat Telegram.me/AlliesFin's Post

*India Daybook – Stocks in News* *Kirloskar Oil:* Net profit up 86.1% at ₹146.8 cr vs ₹78.9 cr (YoY) Revenue up 20% at ₹1,660 cr vs ₹1,383...