Friday, 22 October 2021

@AlliesFin Serve Stock Market's Post

*Business News Headlines*


*Economic Times :*

Ø Tatas to shift ready-to-eat biz to Tata Consumer

Ø RBI fines two payment system operators

Ø Bandhan eyes Future Generali Life stake

Ø Indian equities 'unattractive' with high valuations, slowing earnings: UBS

Ø Cabinet approves PM GatiShakti National Master Plan

Ø DA hike: Centre approves 3% Dearness Allowance increase for Central govt employees and pensioners

Ø L&T to invest up to Rs 5,000 crore to implement and adopt green energy, achieve carbon neutrality by 2035-2040

Ø 94% Indian employers want employees to be vaccinated

Ø Reliance shareholders approve appointment of Aramco Chairman on board

Ø S&P Global Ratings upgrades ratings of five Tata group companies


*Business Standard :*

Ø Bombay HC asks ZEEL board to call the EGM as requisitioned by Invesco

Ø IEX Q2 net profit up 75% to Rs 77 crore; announces bonus issue

Ø 'Expect things to get normal for multiplexes by Q4FY22,' says PVR MD

Ø GAIL seeks to procure India's largest Hydrogen electrolyser

Ø Rakesh Jhujhunwala ups stake in Tata Motors DVR by 10 million shares in Q2

Ø Our order book has been impressive at $360 million: Mindtree MD & CEO

Ø Deal pipeline is bigger than ever before: Wipro CEO Thierry Delaporte

Ø L&T Infotech continues to leave rivals trailing in its wake

Ø Tesla car to be affordable in India, will cost Rs 35 lakh, says Gadkari

Ø Real estate sales momentum to sustain after record Q2FY22 performance


*Financial Express :*

Ø Paytm IPO: Paytm may skip a pre-IPO round to fast-track listing

Ø India warns of high oil prices hurting global economic recovery

Ø Securitisation transactions witness improvement in collection efficiency in August

Ø Sebi tweaks norms for REITs, InvITs on exit option for dissenting unit holders

Ø India warns of high oil prices hurting global economic recovery

Ø No application for virtual internship to be entertained: Sebi

Ø Sebi nod to Rs 6K-crore PolicyBazaar IPO

Ø Tea imports from Nepal hurting Indian tea industry

Ø Financial bids for BPCL after September

Ø Tax implications on capital gains earned by NRIs

Ø Cotton association lowers current season’s crop estimate


*Mint :*

Ø Jio to join Dunzo's fund-raising party

Ø UltraTech's war on debt is eclipsed by cost pressures

Ø Dish TV rejects Yes Bank’s proposal to hold an EGM

Ø The Sony-Zee game plan for Indian Premier League

Ø Unicorns  see  meteoric  rise  in  valuations  as their  tribe  increases

Ø Adani Wilmar’s IPO is likely to get Sebi approval this week

Ø Sajjan Jindal appointed chairman of World Steel Association

Ø EU in talks to delay reforms for $61 trillion securities market

Ø Reliance Infra to use ₹7,100 cr from DMRC arbitral award to repay debt'

Ø Cognizant’s Humphries struggles to build stable leadership

Ø Zee-Sony merger may have a big backer in LIC

Ø Tata Steel becomes 24th company to join Sea Cargo Charter to meet climate goals

Ø Hindustan Zinc, riding the global rally in zinc prices
By: via @AlliesFin Serve Stock Market

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