Thursday 16 December 2021

@AlliesFin Serve Stock Market's Post

Business News Headlines

Economic Times

Ø Burger King plans to raise Rs 1,500 crore via securities
Ø NTPC awards India's first green hydrogen-based microgrid project
Ø Airtel to join hands with Capgemini to bring 5G-based enterprise solutions
Ø JMC Projects raises Rs 99 crore via NCDs
Ø TVS and BMW to expand partnership into electric vehicles
Ø NSE-BSE bulk deals: Anand Rathi Global sells stake in Premier Limited
Ø HDFC invokes 50 lakh shares pledged by Ansal Housing to recover dues
Ø Central bankers are the biggest risk for stocks: Survey
Ø Ahead of IPO, Supriya Lifescience garners Rs 315 cr from anchor investors
Ø Syrma SGS Technology files DRHP for Rs 1,200-cr IPO
Ø SBI looking to offload 6% stake in MF arm via IPO route

Business Standard

Ø Govt approves Rs 76,000-cr plan for semiconductor, display manufacturing
Ø SBI MF's Rs 7,000-cr IPO likely in Q1FY23; eyes Rs 70,000-cr valuation
Ø Domestic steel prices to soften 10-15% in 2022: S&P Global Platts
Ø Govt exploring public financing for road infra projects: Gadkari
Ø JioMart-WhatsApp partnership to allow retailers, customers to shop via chat
Ø Q3FY22 likely to be weak for cement cos, but prospects look good thereafter
Ø Tata Group in talks with Taiwan companies to make chips in India
Ø Lenders relieved as Vodafone Idea repays bondholders Rs 1,500 cr on time
Ø Cryptos 'may figure' on RBI central board meet agenda on December 17
Ø India's sugar exports in a sweet spot despite WTO subsidy ruling
Ø RBI fines ICICI Bank Rs 30 lakh and PNB Rs 1.8 cr for non-compliance

Financial Express

Ø MedPlus IPO subscribed 52.59 times on last day of offer
Ø Vodafone Idea pays to NCD holders on time
Ø Maini Precision Products files draft papers with Sebi to raise funds via IPO
Ø Govt to follow auction route for coal block allocation, says Coal Minister Pralhad Joshi
Ø Paytm GMV more than doubles to Rs 1.66 lakh cr in Oct-Nov 2021 period
Ø BNP Paribas says Sensex to be at 62,000 by 2022-end despite steep valuation
Ø Autonomous vehicles hold potential to revolutionise farming, mining sectors & more: Tata Elxsi
Ø Bharat Bond ETF oversubscribed six times against base size of Rs 1,000 crore
Ø India’s solar capacity addition jumps over three-fold to 7.4 GW in Jan-Sep
Ø Supriya Lifescience IPO to open on Dec 16; sets price band at Rs 265-274/share

Mint

Ø Private bank branches bloom as PSBs throttle back
Ø Rebel Foods to invest $150 mn in new tie-ups
Ø The Reliance Capital collapse: Another cautionary tale for retail investors
Ø The US Fed should go beyond just doubling its QE taper rate
Ø Aditya Birla Fashion receives licence to sell Reebok in India
Ø Govt departments, autonomous bodies owe over ₹244 cr to Air India
Ø India, Russia sign record 28 agreements
Ø MoP lays down strict rules to ramp-up coal supplies to power projects
Ø Auction premiums, price hikes could fuel Coal India
Ø ESG-led corporate restructuring is about capital too
Ø Electric vehicles set to charge ahead in 2022
Ø Net inflows into equity mutual fund surge to 4-month high in November
By: via @AlliesFin Serve Stock Market

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