Thursday, 29 July 2021

@AlliesFin Serve Stock Market's Post

India Cabinet Approves Changes to LLP, Deposit Insurance Laws

India to Meet its Fiscal Target as Tax Collection Rises: Adviser

Indian State Oil Buyers Negotiate Jointly for Better Deals: Teli

India Aims to Complete Air India, BPCL Sale This Fiscal Year

India Court Says Twitter in ‘Total Non Compliance’ of New Rules

Vodafone Idea, Bharti to Seek Review of $14 Billion Dues Verdict

India Mulls Rules to Hold Controlling Shareholders Accountable

India’s Top Carmaker Misses Profit Estimate on Covid Disruptions

Maruti Suzuki net 4.4 billion rupees, half analyst est.

Four Funds With $7 Billion in Adani Have History of Wrong Bets

Registration in Mauritius makes ultimate ownership opaque

India Cumulative Monsoon Rainfall 2% Below Normal as of July 28

Global Funds Sell Net INR22.7B of India Stocks on Wednesday: NSE

Domestic funds Buy net 9.21b rupees of stocks

Foreign Investors Sell Net INR5.58B of India Equities on July 27

Foreigners Buy Net INR7.52B Indian Equity Derivatives Wednesday

Finmin invites entries for new DFI’s name, logo: PTI

Parliament passes amendment bill to strengthen juvenile justice law: PTI

DRDO to get 2% royalty from Dr Reddy’s on sale of anti-Covid drug 2-DG in India: Govt: PTI

ABB India (ABB): 2Q net income 702.6m rupees vs. 162.8m y/y, est. 733.9m; revenue +44% y/y to 14.2b

Bajaj Healthcare (BAJAJHEA): To consider stock split on Aug. 13

Coal India (COAL): Says tribunal issues stay on Jharkhand dues demand; Unit CCL seeking reconciliation of dues

Mahanaga Gas MAHGL): 1Q net income 2.04b rupees vs. 452.5m y/y, est. 1.77b; revenue 6.67b vs. 2.77b y/y

Nestle India (NEST): 2Q net income +11% y/y to 5.39b rupees, est. 5.73b; To sell entire stake of 19.98% in Sahyadri Agro; transfer INR8.4b of general reserve to retained earnings

SRF Ltd. (SRF): Approves INR5.5b ependiture proposal for expansion of refrigerant gas capacity

United Breweries (UBBL): 1Q net income 308.4m rupees vs. loss 1.14b y/y, est. 391m; revenue 26.5b vs. 12.6b

Wabco India (WIL): 1Q net income 213.8m rupees vs. loss 313.6m y/y

Oracle Financial (OFSS): 1Q net income 5.24b rupees, up 9.2% y/y

 
By: via @AlliesFin Serve Stock Market

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SEBI issues consultation paper to review SME IPO and disclosure norms. Some key points are as follows 1. Minimum application size shall be...