Wednesday 29 December 2021

@AlliesFin Serve Stock Market's Post

*Business News Headlines*

*Economic Times*

Ø Bharti Airtel, TCS partner for 5G-based remote robotic operations
Ø Ajanta Pharma board approves up to Rs 286-crore share buyback plan
Ø Cipla to launch Molnupiravir under Cipmolnu brand name for COVID-19 treatment
Ø ITC commissions first off-site solar plant in Tamil Nadu
Ø Sun Pharma gets DCGI nod to market molnupiravir for COVID-19 treatment
Ø NSE-BSE bulk deals: TCG Fund sells stake in GG Engineering
Ø NSE-BSE bulk deals: Ashish Kacholia buys stake in Sastasundar Ventures
Ø Sebi approves several new measures to reform IPO market disclosures
Ø Sebi tweaks rules for HNI quota in IPOs, lock-in for anchor investors
Ø RBI allays concerns on RBL Bank and its financial health
Ø UAE ban on import of poultry from India lifted

*Business Standard*

Ø Banks’ asset quality could dip as forbearances end: RBI report
Ø Govt issues guidelines for textiles PLI scheme worth Rs 10,683 crore
Ø IRFC looking to diversify revenue streams, says CMD Amitabh Banerjee
Ø India's real GDP likely to maintain 9% growth rate in FY22, FY23: Report
Ø IOC gets Rs 2,281 crore as Air India clears 80% of jet fuel dues
Ø Exports rise 36% to $23.8 billion in first three weeks of December
Ø Pharma players to launch anti-Covid pill shortly after DCGI approval
Ø Draft amalgamation scheme insensitive and a cruel joke: PMC depositors
Ø Electric vehicles set to get costlier from next year in India
Ø Consumption revival to drive growth for Phoenix Mills' stock in medium-term

*Financial Express*

Ø PLI scheme a game changer in attracting global companies to India, says Nirmala Sitharaman
Ø Mukesh Ambani talks of leadership transition at Reliance, wants to speed up process
Ø Nirmala Sitharaman to hold pre-Budget talks with state finance ministers on Dec 30
Ø Sebi to rationalise settlement proceeding norms
Ø Edible oil marketers lower MRP by 10-15%
Ø World economy set to surpass $100 trillion in 2022
Ø Govt to tweak subsidy policy to promote local production of P&K fertiliser
Ø India’s solar capacity addition jumps over three-fold to 7.4 GW in Jan-Sep
Ø Rainbow Children’s Medicare files papers; eyes over Rs 2,000-cr via IPO

*Mint*

Ø Maharashtra plans radical shift to EVs by 2030
Ø Consumer tech IPOs should need no special disclosures
Ø ‘Fino Bank’s shares suffered due to Paytm IPO debacle’
Ø Three sovereign funds are eyeing RIL's clean energy unit
Ø Govt may cut duty on steel,  aluminium  in Union budget
Ø Reliance Industries-arm invests in oncology-focussed startup Karkinos Healthcare
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 Banking sector to see significant reforms in the new year
By: via @AlliesFin Serve Stock Market

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