Wednesday 5 January 2022

@AlliesFin Serve Stock Market's Post

*Business News Headlines*

*Economic Times*

Ø JSPL output grows 9% to 5.9 million tonne in April-December period of this fiscal
Ø Vedanta raises Rs 1,000 crore from IDBI Bank, Canara Bank
Ø NSE-BSE bulk deals: Global Infoways buys 78,000 shares of SBC Exports
Ø RBL Bank's total deposits fell by 2.6% in the December quarter
Ø Sebi signals a new trend: Summons and notices to come via WhatsApp, Telegram
Ø GAIL completes acquisition of IL&FS' 26 pc stake in OTPC
Ø YES Bank net advances up by 4% to Rs 1,76,422 crore by December-end
Ø SBI, ICICI and HDFC Bank continue to be systemically important banks
Ø Post DHFL acquisition, Piramal Capital to open 100 branches; expand to 1,000 cities
Ø Sterlite Power commissions Khargone transmission project worth Rs 1,662 crore in MP
Ø L&T Construction bags significant order from DMRC

*Business Standard*

Ø Delhi HC rejects Future's plea for termination of Amazon arbitration
Ø Bharti Airtel withdraws corporate structure announced in April 2021
Ø State Bank of India pumps $20 million into Pine Labs in latest fintech bet
Ø LIC to diversify portfolio with greater focus on non-participating plans
Ø Moody's assigns Baa2 rating to Reliance Industries' $5 bn bonds issue
Ø Tata Motors drives past Hyundai to grab second-largest carmaker tag
Ø Sebi tweaks exercise mechanism of options on commodity futures
Ø RBI releases framework for offline digital payments
Ø Economy regaining strength from Q2FY22, but Omicron a threat to growth: RBI
Ø Bad loans of small finance banks may go up 70-80 bps by FY22-end
Ø India's Dec jobless rate hits 4-month high of 7.9%: CMIE data

*Financial Express*

Ø Airtel Payments Bank gets scheduled bank status from RBI
Ø OPEC and allies gradually pump more oil amid omicron spike
Ø GST hike on textiles will put financial burden on 85% population if not withdrawn: Traders to Piyush Goyal
Ø Sebi plans to rope in agency to revamp IT network, communication systems
Ø Apple becomes first U.S. company to hit $3 trillion market value
Ø Cement: Outlook for the sector is good in CY22
Ø Dhani Services to launch Rs 300 cr public issue of bonds
Ø India’s Oct-Dec sugar output up 4.75 pc at 115.70 lakh tonne: NFCSFL
Ø Sebi plans to rope in agency to revamp IT network, communication systems
By: via @AlliesFin Serve Stock Market

AlliesFinServe #StockMarket #Bharat Telegram.me/AlliesFin's Post

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