• India Swings to Bigger-Than-Expected Current Account Surplus
o India April-June Current Account Surplus $6.5B; Est. $2B
o India Aug. Key Industries’ Output Rises 11.6% Y/y
o India’s 2Q Current Account Surplus $6.5 Bln: Details
• India’s April-Aug. Budget Deficit Reaches 31.1% of FY Target
• India Raises Domestic Gas Rates on Surging Overseas Prices
o Raises Natural Gas Price by 62% for 6 Months From Oct. 1
• Early Hearing Granted by Court May Complicate Sony-Zee Deal
• India, Australia to Conclude Free Trade Agreement by End 2022
• India Receives Normal Monsoon Rainfall for Third Year: IMD
• India Cumulative Monsoon Rainfall 1% Below Normal on Sept. 30
• Ola Electric Says Raises $200M at $3B Valuation
• India Consumer Durables Loans Rise to More Than 1-Year High
• Global Funds Sell Net INR22.3B of Indian Stocks Thursday: NSE
o Domestic funds buy net 971.8m rupees of stocks
• Foreign Investors Buy Net INR13.4B of Indian Equities on Sept. 29
• Asian LNG Price Soars to Record-High on Competition for Fuel
• India set for stronger performance going forward: KV Kamath: PTI
• Vedanta to showcase India’s growth potential at Dubai Expo 2020: PTI
• Adani Wilmar Opens 12 Offline Stores for FMCG Products, HT Says
• New auto debit rules of RBI to set in from Friday: PTI
• Paras Defence’s shares to start trading after gets a record 304 Times Shares Demand in India IPO
• Aditya Birla Sun Life AMC IPO fully subscribed, gets 108% demand on 2nd day of sale, offer closes Oct. 1
• Carlyle-Backed Indian Hospital Chain Medanta Files for IPO
• Bank of Baroda (BOB): To cut bad bank stake to 9.9% by Dec. from 13.3%
• Canara Bank (CBK): To hold 16.1% of NARCL, cut stake to 12% by Dec. 31
• Jain Irrigation (JI): Says its unit completes recast of Singapore-listed bonds
• Oil & Natural Gas (ONGC): Says unit ONGC Videsh begins exploration well in Bangladesh’s offshore SS-04 block
By: via @AlliesFin Serve Stock Market
