Friday 31 December 2021

@AlliesFin Serve Stock Market's Post

*Business News Headlines*

*Economic Times*

Ø SBI to acquire nearly 10 pc stake in India International Clearing Corporation
Ø Didi revenue falls as China's regulatory crackdown hits business
Ø Manappuram Finance raises Rs 250 cr through bonds
Ø Food subsidy to be little less than Rs 4 lakh crore in FY22: Food Secretary Sudhansu Pandey
Ø Bulk Deals: Nexus Global Fund sells stake in HP Adhesives
Ø ICRA revises telecom sector outlook to stable, sees industry ARPU rising to Rs 170 by end-FY23
Ø Consumer sentiment likely to witness fall in December: CMIE
Ø States demand GST rate hike on textiles be put on hold
Ø Govt extends FY21 GST annual return filing deadline till Feb 28
Ø Amara Raja to invest in Europe-based InoBat Auto
Ø India attracts $638 million in crypto, blockchain investments in 2021

*Business Standard*

Ø FIIs inflows to gain traction on economic recovery; tapering a roadblock
Ø Weak rural demand dents several large-cap stocks in 2021
Ø NSE sees 100th firm migration from SME patform to main-board
Ø Domestic equity mutual funds and FPIs power the bull-run in 2021
Ø Indian banks must bolster capital and augment credit flow, says report
Ø Exports rise 36% to $23.8 billion in first three weeks of December
Ø Dish TV to share results of shareholders' voting with Bombay High Court
Ø December portfolio outflow of $3.7 bn from India largest in pandemic era
Ø PGCIL approves investment of Rs 322 crore to expand in data centre biz
Ø NTPC board okays discontinuation of Muzaffarpur Thermal Power Station
Ø ITC, Invest India join hands to find substitution for single-use plastic

*Financial Express*

Ø Sebi extends deadline for applicability of modified reporting requirements for AIFs
Ø Aether Industries files draft papers with Sebi; eyes Rs 1,000 cr via IPO
Ø Ebb and flow: FPIs’ net investments cross Rs 51,000 cr in 2021; more likely in New Year
Ø SEBI asks mutual funds not to invest in crypto until regulatory clarity
Ø Paytm, Zomato, other recently listed new-age firms may get largecap tag in upcoming AMFI review
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 Sebi approves introduction of Special Situation Funds for investment in stressed assets

*Mint*

Ø The ₹300-crore loan at the heart of the RBL Bank mystery
Ø The coming LIC IPO should reward its old policy holders
Ø Indian banks’ good-looking figures disguise some serious health problems
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 IndiGo EGM: Shareholders pass resolution to amend contentious clause
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 Ola Electric can't keep buyers guessing on e-scooter delivery
By: via @AlliesFin Serve Stock Market

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