Monday 23 August 2021

@AlliesFin Serve Stock Market's Post

*Economic Times :*

Ø Karnataka Bank plans to raise Rs 6,000 cr via debt

Ø FPIs invest Rs 5,001 cr in Indian equities so far in August

Ø Three insurance-related firms to raise Rs 10,000 cr through IPOs

Ø Nirmala Sitharaman to launch National Monetisation Pipeline on Aug 23

Ø FM Nirmala Sitharaman launches new fund for MSMEs

Ø Post LIC IPO, 60% of insurance biz to be with listed entities: FinMin official

Ø 483 infra projects show cost overruns of Rs 4.43 lakh crore

Ø Vi lenders demand additional collateral on existing loans

Ø NABARD's loans rise 25.2 per cent to reach Rs 6 lakh crore in FY21

Ø Kamdhenu Group plans Rs 200 crore investment to expand paints biz; aims Rs 1000-crore revenue in 5 years

Ø Greenply Industries expects WFH to have positive impact on branded plywood manufacturers


*Business Standard :*

Ø Pharma companies lead topline growth in Q1FY22: ICICI Direct Research

Ø GAIL to foray into hydrogen generation, scale up its renewable portfolio

Ø Major tariff hikes by telcos unlikely in the short-run: Analyst

Ø Tata Realty to invest Rs 4,000 cr in residential, commercial projects

Ø ONGC offers 43 of its fields to operators for enhancing production

Ø $17.2 bn infused in Indian startups by VC firms during Jan-July: Report

Ø Trai suggests to create separate authorisation for access network provider

Ø Power ministry circulates draft rules on clean energy, seeks comments

Ø Railways suffered Rs 36,000 cr loss during pandemic: Raosaheb Danve

Ø Jet Airways staff unions challenge resolution plan, file appeal in NCLAT


*Financial Express :*

Ø India's exposure to US securities jumps over $20 bn in 3 months; touches $220.2 bn in June

Ø Footwear retailer Metro Brands files IPO papers with Sebi

Ø Sebi keeps Adani Wilmar’s Rs 4,500-cr IPO in abeyance

Ø Sebi extends deadline for public comments on swing pricing mechanism proposal for MFs

Ø Tata Steel commissions 0.5 MTPA recycling plant in Haryana

Ø Pizza Hut ties up with HUL to add Kwality Wall's ice cream, desserts in menu

Ø Zomato invests over $100 million in Grofers

Ø Sterlite Power Transmission files IPO papers with SEBI; Anil Agarwal-led firm looks to raise Rs 1,250-cr

Ø Sebi cuts lock-in period for promoters to 18 months post-IPO

Ø Cooking gas LPG price hiked by Rs 25 per cylinder


*Mint :*

Ø Rural consumption strong in Q1 despite blow from covid 2.0

Ø RBI  penalty  may  deter  banks from installing more ATMs

Ø Recapitalization, demand revival to be key for SpiceJet

Ø Karvy Stock Broking Chairman C Parthasarathy held for bank loan default case

Ø L&T Infotech to offer jobs to 4,500 freshers in FY22 amid high attrition

Ø Govt notifies timeline to replace existing meters with smart prepaid meters

Ø ONGC looks at acquisitions to achieve 10 GW renewable capacity by 2040

Ø Mumbai court allows restoration of Nirav Modi's confiscated properties to PNB

Ø HAL signs ₹5,375 cr contract with US firm for engines to power Tejas jets

Ø Sugar rally could help India to export 6 mn tonnes without subsidy

Ø Infosys chief summoned by FinMin, asked to explain tax portal glitches 

Ø The IPO charm is waning; revival hinges on lowering expectations
By: via @AlliesFin Serve Stock Market

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