Monday 12 July 2021

@AlliesFin Serve Stock Market's Post

Today's Headlines

*Economic Times*

Revised wage rate index likely next month; base year to be 2019

FPIs pull out Rs 2,249 crore from Indian equities in July so far

EaseMyTrip aims 100% growth this year

Franklin Templeton MF unitholders to get Rs 3,303 crore in fifth tranche

Indian tea exports likely to fall nearly 15 per cent in 2021

Govt extends deadline for transaction, legal advisors to bid for managing IDBI Bank sale till July 22

Mahindra Finance expands its global footprint, acquires 58.2% in Ideal Finance

TV maker Super Plastronics aims to be Rs 1,000-cr company in current fiscal

India's power consumption rises 18 per cent to 30.33 BU during July 1-7

*Business Standard*

Vedanta among 11 bidders vying for Videocon's Brazil assets worth $2 bn

Maruti shifts Dzire production to Gujarat to create space for new launches

Centre seeks legal opinion to let BPCL sell subsidised LPG after stake sale

Safesea Group gets approval to bid for Shipping Corporation of India

Restructured loans of non-bank financials to double by March: ICRA

Tax changes for large firms may not be ready until 2022: Janet Yellen

India's coal import rises 20 pc in May; volumes may be subdued in monsoon

India Inc expects swifter recovery from second wave of Covid-19 pandemic

Twitter India releases its transparency report under new IT rules

Hero Electric Vehicles to invest Rs 700 crore in business expansion by 2025

*Financial Express*

High iron-ore, pellet prices forcing small secondary steel units to close shops

74 pc people in Trai’s DND list still getting pesky messages: Survey

E-commerce exploitation through e-retailers’ unethical practices forced lakhs of shops to close: CAIT

CIFL may explore inorganic route to grow its technical capability

RTP Global, founders of Cred, ShareChat, Snapdeal, others invest in online truck booking portal for SMEs

Weaving success: New textiles minister Piyush Goyal to review Rs 10,683-crore PLI scheme

Kharif sowing picks up pace, even as rainfall gets delayed

Over 90% jump in direct tax receipts in Q1, annual target may be surpassed

Govt identifies items for customs exemptions review, seeks industry views

*Mint*

EPFO likely to invest part of its corpus in InvITs

Big insurance companies launch net-zero climate alliance

MG Motor, Fortum India to set up 50kW fast charger for EVs in Pune

STPI signs six MoUs to strengthen startup ecosystem

China's automobiles sales drop amid shortage of car chips

Jaishankar to visit Central Asia this week for SCO, connectivity meets

GST authorities detect fake invoices worth ₹551 crore

DMRC to deploy train operators hired via pvt agency on contract on Yellow Line
By: via @AlliesFin Serve Stock Market

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*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...