Wednesday 7 July 2021

@AlliesFin Serve Stock Market's Post

*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
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...