Monday 27 December 2021

@AlliesFin Serve Stock Market's Post

Business News Headlines

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Economic Times

Ø India imposes antidumping duty on 5 Chinese goods for 5 years
Ø Karnataka High Court stays retro tax call on annuity to infra companies
Ø Over 4.43 cr income tax returns filed till Dec 25 for FY'21
Ø Campus Activewear files draft papers with Sebi to garner funds via IPO
Ø TBO Tek seeks Sebi approval for Rs 2,100 crore IPO
Ø Airtel Payments Bank surpasses 1 bn transactions mark in Q2
Ø Banking sector to see significant reforms in 2022; privatisation, IDBI Bank disinvestment on agenda
Ø Centre begins consultation on setting up national database on cooperatives
Ø India RBL executive says bank does not anticipate big short-term capital needs
Ø Exports of plain gold jewellery from India to Dubai fell 24% in April-November
Ø SICMA requests FM to facilitate movement of cement from surplus southern states to deficit regions

*Business Standard*

Ø Banking sector set to witness significant reforms in the new year
Ø World economy set to top $100 trn in 2022, India to overtake France
Ø SBI Card raises Rs 650 crore through private placement of bonds
Ø Sebi board meeting likely to tighten norms for IPO price bands, investors
Ø HSBC Mutual Fund jumps 11 spots on assets tally after L&T AMC buy
Ø Acquisitions, strong growth outlook likely to limit downside for Wipro
Ø Consider merging private RBL Bank with state-owned lender, says AIBEA
Ø BofA expects 8.2% GDP growth for India in FY23 with more downside risks
Ø India must nurture entrepreneurship in smaller cities: Piyush Goyal
Ø Adani Group announces annual prize for social enterprise

*Financial Express*

Ø CMS Info Systems IPO subscribed 1.95 times
Ø Prices of agricultural commodities cool after Sebi ban on futures
Ø LIC IPO: Govt rubbishes reports of delay, says, LIC on track for IPO in Jan-Mar
Ø PSBs roll over AT1 bonds ahead of call option in FY22
Ø ICICI Bank raises Rs 5,000 crore via bond issue
Ø Sebi’s total income down 15% to Rs 813 cr in 2019-20
Ø IPO momentum & fund raising to continue in CY2022: Kotak Mahindra Capital
Ø India’s solar capacity addition jumps over three-fold to 7.4 GW in Jan-Sep
Ø Aditya Birla Money allots 16 lakh non-convertible preference shares to promoter

*Mint*

Ø Subhash Chandra faces a realty check in Yes Bank fight
Ø Consumer tech IPOs should need no special disclosures
Ø Vedanta makes a resounding $15-bn chip bet
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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