• India Deploys U.S. Weapons to Fortify Disputed Border With China
• India Sees Power Plant Coal Stocks at 6 Days Average in a Week
• IRCTC to Share Half of Convenience Fee Revenue With Ministry
• Bharti Airtel Says Court Maintained Its Freedom to Avail Input Tax Credit
• Global LNG Supply Contracts Must Be More Flexible: India’s Puri
• Fintech Startup Drip Raises $175 Million for Cross-Border Trade
• Top Asia Budget Carrier Closer to Profitability as Covid Eases
o Revenue more than doubles, total costs jump 72%: filing
• White Sugar Price and Spread Eases as Producers Sell Into Rally
• India 2021-22 Sugar Production Seen Falling to 30.5M tons: ISMA
• Morgan Stanley Downgrades India, Brazil Equities to Equal-Weight
• Stocks Plunge in India on RBI Plan to Drain Cash, MS Downgrade
• Global Funds Sell Net INR38.2B of India Stocks on Thursday: NSE
o Domestic funds buy net 8.37b rupees of stocks
• Foreign Investors Sell Net INR18.2B Indian Equities on Oct. 27
• Foreigners Sell Net INR28.3B Indian Equity Derivatives Thursday
• Gold Steadies as Bond Curves Signal Global Growth Concerns
• U.S. Posts Weakest Growth of Pandemic Recovery on Supply Woes
• Biden Warns Democrats His Presidency Hinges on Economic Agenda
• China Delivers Blow to Climate Talks With Unimproved Carbon Plan
• Merck Rises on Outlook for Billions in Covid Antiviral Sales
• Adani Total Gas (ATGL): 2Q net income 1.58b rupees vs. 1.34b y/y
• AU Small Finance (AUBANK): 2Q net income -13% y/y to 2.79b rupees, est. 2.43b
• Blue Star (BLSTR): 2Q net income 313.6m rupees vs. 153.2m y/y, beats est. 216.9m; Revenue +38% y/y to 12.4b
• DLF Ltd. (DLFU): 2Q net income +63% y/y 3.79b rupees, +63% y/y, est. 4.22b; revenue -8.1% y/y to 14.8b
• Future Consumer (FCON): Says in JV pact with Griffith Food, Sublime Foods
• Infosys (INFO): Co. & BP to develop EAAS solution for campuses and cities
• InterGlobe Aviation (INDIGO): 2Q net loss 14.4b rupees, est. loss 19.1b; revenue 56.1b vs. 27.4b y/y
• Karnataka Bank (KBL): 2Q net income 1.26b rupees vs. 1.19b y/y; Provisions -28% q/q to 2.43b; gross NPA 4.5% vs. 4.82% q/q
• Laurus Labs (LAURUS): 2Q net income -17% y/y to 2.02b rupees, misses est. 2.75b
• Motilal Oswal (MOFS): 2Q net income 5.37b rupees vs. 2.96b y/y; revenue +63% y/y to 13.2b
• NTPC (NTPC): 2Q net income -8.4% to 32.1b rupees, misses est. 36.2b; Intalled capacity 66,900 mw as on Sept. 30 vs 62,910 mw y/y; 2Q capitive mines coal output 2.79mmt vs 0.77mmt y/y
• RBL Bank (RBK): 2Q net income -79% y/y to 308m rupees, misses est. 420.9m;
• SBI Cards (SBICARD): 2Q net income +64% y/y to 3.45b rupees, misses est. 4.66b; revenue 25.8b Vs. 24.1b y/y
• Tata Power (TPWR): 2Q net income +51% y/y to 4.22b rupees, est. 5.06b; revenue +18% y/y to 98.1b
By: via @AlliesFin Serve Stock Market
