Thursday 23 December 2021

@AlliesFin Serve Stock Market's Post

Business News Headlines

Economic Times :

Ø ZEE and Sony sign agreements to merge companies

Ø Vedanta plans to raise up to Rs 1,000 cr via NCDs

Ø NSE-BSE bulk deal: United India Insurance sells 10,000 shares of Lakshmi Automatic

Ø Indiabulls Real Estate approves plan to raise up to Rs 1,500 cr

Ø MOIL gains after shareholders approve buyback of over 3.38 cr shares

Ø Porinju says Dalal Street mature enough to absorb large foreign outflows

Ø Sebi observation letter validity period for NFOs back at 6 months

Ø IPO documents should include more details on pricing rationale, says Sebi

Ø KFinTech planning to bring IPO by next year

Ø CMS Info Systems IPO subscribed 52% on Day 2

Ø RBI to conduct 4-day rev repo auction, short term rates may rise


Business Standard :

Ø It's my job to take the best of both firms: Punit Goenka on Zee-Sony merger

Ø Fund managers bullish on Indian equities, but tone down expectations

Ø Sebi chairman backs better pricing disclosures in new-age IPO documents

Ø Govt's new PPP port guidelines link tariffs to market-determined rates

Ø Centre cuts duty on refined oils, extends import tenure of pulses

Ø Medium-term volume, margin targets positive for Godrej Consumer

Ø Cash support to Covid-hit economy with fiscal consolidation in focus: Govt

Ø Singapore index steals a march over NSE in Nifty futures volumes in 2021

Ø Oil ministry launches seventh round for oil & gas block auctions

Ø Indian cybersecurity industry logged $9.85 bn as revenue in 2021: Study


Financial Express :

Ø Kotak Bank arm acquires portfolio from exiting Ford’s captive finance unit

Ø Imports in toy sector declined in last three years: Govt

Ø CMS Info Systems IPO subscribed 66% on Day 2 of offer

Ø Sebi’s total income down 15% to Rs 813 cr in 2019-20

Ø BSE joins hand with Nashik Sarafa Association to develop commodity derivatives market

Ø ICICI Bank raises Rs 5,000 crore via bond issue

Ø Mutual Fund managers poured over Rs 4,000 crore in IPOs in November, PolicyBazaar, Paytm top bets

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 Sebi allows InVITs, REITs to conduct unitholders’ annual meetings virtually till Jun 2022


Mint :

Ø Steady demand hope comforts steelmakers

Ø IDBI Bank clarifies on reports of Sanghavi Exports defaulting large loans

Ø Asset allocation will help contain losses

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 Dish TV investors desperate as war for control drags on

Ø Future is electric, but TVS needs a sales recovery

Ø Three  senior  Paytm executives resign

Ø Foxconn’s India subsidiary files draft papers for ₹5,000 cr IPO
By: via @AlliesFin Serve Stock Market

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