Wednesday 8 December 2021

@AlliesFin Serve Stock Market's Post

*Business News Headlines*

*Economic Times :*

Ø Sebi amends delisting rules to make M&A more convenient

Ø Apollo Hospitals or Info Edge likely to replace IOC in Nifty: Edelweiss Research

Ø Nalco, Hind Copper strategic sale plans may soon land on Cabinet table

Ø NSE-BSE bulk deals: Axis Bank sells stake in MT Educare

Ø CE Info Systems IPO offers exposure to high-growth geospatial services

Ø Billionaire-backed FabIndia seeking $500 mn in IPO

Ø RateGain Travel Technologies IPO subscribed 25% on Day 1

Ø RateGain Travel Technologies raises Rs 599 cr from anchor investors ahead of IPO

Ø Anand Rathi Wealth IPO subscribed 9.78x

Ø Citi's India retail business: Kotak, Axis Bank lead race

Ø Parag Milk's application under PLI scheme approved for mozzarella segment


*Business Standard :*

Ø RIL firms up first investment in West Asia in pact with Abu Dhabi company

Ø TRAI to telcos: Allow port out SMS facility irrespective of tariff offer

Ø Supply disruptions in key segments could cap gains for Bharat Forge

Ø Jhunjhunwala-backed Metro Brands eyes pre-Covid margins as sales normalise

Ø Dish TV vs Yes Bank battle: A matter of principle for both companies

Ø No plans to boost cryptocurrency sector in India, FinMin tells Lok Sabha

Ø PLI scheme in food processing will allow large scale capacity: FMCG cos

Ø India's airlines incurred loss of Rs 19,564 cr in 2020-21: Govt

Ø Manyavar brand owner Vedant Fashions plans to double retail floor space

Ø Cement companies expect demand to pick up from Dec as rains recede

Ø NCLT allows RBI's plea for bankruptcy proceedings against Reliance Capital


*Financial Express :*

Ø Satin Creditcare board nod to raise up to Rs 225 crore via preferential issue

Ø No shortage of coal in country, says Minister Pralhad Joshi

Ø No proposal under consideration to reduce GST on health insurance premium, says Bhagwat Karad

Ø E-way bill generation drops to lowest in 5 months in November

Ø Stepping up ethanol production may help reduce crude oil import, says PM Modi

Ø Low credit growth, FII outflow weigh on financial stocks

Ø Autonomous vehicles hold potential to revolutionise farming, mining sectors & more: Tata Elxsi

Ø Indian GDP to grow 7.8 pc in Q2, 9.4 pc in FY22: Report

Ø Centre doubles November tax devolution amount for states

Ø Ashok Leyland sets up team to work on alternative fuel tech


*Mint :*

Ø Reliance Capital is another tragedy for retail investors

Ø Reliance avails $736 million green loan to fund REC Solar’s purchase

Ø New coffee chains brew plans  to  increase outlets

Ø India's plastic waste generation has more than doubled in five years

Ø Saint-Gobain Agreed to Buy GCP Applied Technologies

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 Building a UPI model to prevent digital monopolies

Ø Torrent Pharma’s positive India show infuses confidence

Ø The big telco looking to buy out Dish TV

Ø Coromandel may coast along on good rabi, new products

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