*Good Morning*
• Indian Capital Closes Cinemas, Schools as Covid Cases Rise
o Mumbai sees 1,377 new covid cases in 24 hrs vs 809 Monday
• India to Continue to be a Fast-Growing Economy: Sitharaman
o India Taking steps to strengthen supply chain
• India Market Regulator Tightens Listing Norms Amid IPO Frenzy
o SEBI Asks Mutual Funds to Seek Consent Before Closing a Plan
o SEBI Creates New Class of Fund for Stressed Assets
o SEBI Tightens Rules for Share Sale by Anchor Investors
• Air India Assets Holdings Approves Equity Infusion of INR129B
• India’s Non-Fossil Based Installed Energy Capacity at 157.32 GW
• Global Funds Buy Net INR2.07b of India Stocks on Tuesday: NSE
o Domestic funds buy net 5.67 billion rupees of stocks
• Foreign Investors Sell Net INR7.19B of India Equities on Dec. 27
• Foreigners Buy Net INR19.2b of India Equity Derivatives Tuesday
• Govt notifies new rules for direct selling industry: PTI
• Sun Pharma to set up new manufacturing plant in Andhra Pradesh: PTI
• Aurobindo Pharma (ARBP): Gets India DCGI approval for generic version of Molnupiravir, an anti COVID-19 pill
• Cipla (CIPLA): Receives EUA to launch oral anti-viral drug Cipmolnu in India to treat mild to moderate COVID-19
• Dr Reddy’s Lab (DRRD): Gets DCGI approval to launch Molnupiravir capsule in India
• Indo Amines (INAM): Sets Jan. 15 as record date for 2-for-1 stock split
• Mahindra & Mahindra (MM): Says unit MECPL to sell 49% in Mahindra Tsubaki Conveyor
• Natco Pharma (NTCPH): Gets approval to sell Molnupiravir under Molnunat brand, for treatment of Covid-19
• Raymond (RW): Incorporates unit Ten X Realty for real estate business, to invest up to INR1.5b
• Torrent Pharmaceuticals (TRP): To launch Molnupiravir under brand name Molnutor
• Vakrangee (VKI): Announces strategic tie-up with Nayara Energy to set up outlets in Nayara retail fuel stations
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TG @AlliesFin
By: via @AlliesFin Serve Stock Market
