• Modi’s COP26 Goals Could Mean a Massive Energy Overhaul in India
• India Seen Needing More Funds to Meet Net-Zero Emissions Aim
• U.K. Sees Momentum in Talks as Kerry Touts Pledges: COP26 Update
• India Banks Need to Support Economic Activity Revival, Das Says
• Tech Players Challenging Banks With Better Reach: RBI Deputy
• India HPCL Expects Oil to Hover Around $80-$85 in Oct.- Dec. Qtr
• Bharti Airtel Profit Beats Buoyed by One-Time Gain, Tariff Hikes
• Sun Pharma’s Profit Beats Estimates on Specialty Drug Push
• Musk’s SpaceX Sets Up Unit to Provide Internet Services in India
• Asia Ex-Japan 3Q GDP Forecast Declines; India Seen at 8.0%
• Global Funds Buy Net INR2.45B of India Stocks on Tuesday: NSE
o Domestic funds sell net 60m rupees of stocks
• Foreigners Sell Net INR27.1B of India Equity Derivatives Tuesday
• Foreign Investors Sell Net INR2.78B of Indian Equities on Monday
• Hiring activity in India grows by 43% annually in Oct.: PTI
• India poised to grow electronics manufacturing to $300b in 3-4 years: PTI
• 10:30am: Markit India PMI Services for October, prior 55.2
• 10:30am: Markit India PMI Composite for October, prior 55.3
• Adani Enterprises (ADE): Incorporates Aircraft leasing unit Astraeus
• Bharti Airtel (BHARTI): 2Q net income 11.3b rupees vs. loss 7.63b y/y; revenue +13% y/y to 283.3b; 2Q includes gain of 7.22b vs 493m loss
• Century Plyboards (CPBI): To transfer its logistics business to unit
• Exide Industries (EXID): CCI approves HDFC Life’s purchase of Exide Life Insurance
• Godrej Properties (GPL): Godrej Properties 2Q Net Income 357.2M Rupees
• Mahindra Financial (MMFS): Sees stage 3, stage 2 loans falling further
• PNB Housing (PNBHOUSI): 2Q net income -25% y/y to 2.33b rupees, est. 2.50b; revenue -22% y/y to 15.7b
• Saregama India (SARE): Opens QIP, floor price set at 4,264.68 rupees per share
• Sterlite Technologies (SOTL): To sell stake in Metis Eduventures for INR450m
• Trent (TRENT): 2Q net income 1.26b rupees vs. loss 480.9m y/y, est. 319.4m; revenue 10.2b vs. 4.52b y/y
• Vedanta (VEDL): Unit to acquire Desai Cement for INR140m
By: via @AlliesFin Serve Stock Market
