Monday 12 April 2021

@AlliesFin Serve Stock Market's Post

• India Bans Exports of Covid Drug Remdesivir Amid Virus Surge

• India-China Agree to Maintain Stability, Peace in Border Area

• U.S. Says Its Warships Assert Navigation Rights in Indo- Pacific

• RBI’s QE Offers Little Relief as Underwriters Rescue Bond Sale

• Pandemic Causes India’s First Drop in Annual Power Demand

• India’s March Demand for Oil Products Jumps Most in 55 Months

• India Court to Hear WhatsApp Plea on Antitrust Probe April 12

• Saverin’s B Capital, Others Invest $1 Billion in India’s Byju’s

o Funding values Indian online education company at $15b

• India Forex Reserves Fall $2.42b to $576.9b in Week to April 2

o India Official Reserves Drop to Lowest Since November

• India Banks Face Asset-Quality Risks Again on Virus Surge: Fitch

• Top Indian Potash Buyer Will Say No to Further Price Hikes

• RBI Devolves 109b Rupees of New 2026 Bond on Primary Dealers

• Bond Market’s Stalled-Out Reflation Trade Needs Actual Inflation

o Measures of inflation expectations have peaked after surge

• Global Funds Sell Net INR6.54B of India Stocks on April 9: NSE

o Domestic funds sell net 2.71b rupees of stocks

• Foreign Investors Buy Net INR20.8B of India Equities on April 8

• Foreigners Buy Net INR786M of India Equity Derivatives April 9

• Cairn Offers to Invest $500 Million If India Pays Dues, PTI Says

• DoT likely to issue guidelines for telecom PLI within week: PTI

• J&J in Talks for Indian Trial of Covid Vaccine: Business Standard

• M&M to invest INR30b on electric vehicle business in 3 yrs: PTI

• India to manufacture containers in Bhavnagar, eyes INR10b investment: PTI

• Ambuja Cements (ACEM): Says Rajasthan plant to start operations in 3Q

• Axis Bank (AXSB): Jeep India and Axis Bank partnership to launch Jeep Financial

• Career Point (CRPT): Says unit withdrawdemerger application from NCLT

• Century Plyboards (CPBI): Says to use Firewall Technology in products

• Infosys (INFO): Says EU clears Infosys/Daimler deal

• State Bank of India (SBIN): Says ESG delays decision on coal mine loan

• Titan Co (TTAN): Titan’s Jewelry CEO sees strong wedding sales in April-June

• Infosys (INFO): Infosys to consider share buyback in Apri 14 meeting

By: via @AlliesFin Serve Stock Market

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Bharat India Daybook Stocks in News *Jupiter Wagons:* Net profit at Rs 105 crore, Revenue at Rs. 1115 crore, up by 57 % YoY. (Positive) ...