Monday 11 April 2022

@AlliesFin Serve Stock Market's Post

Business News Headlines

Economic Times

Ø Vedanta to move towards green steel; working on solution
Ø Income Tax Department moves HC against ITAT's Tata Trusts order
Ø RK Damani increases stake in VST Industries, trims in Blue Dart
Ø FPIs turn net buyers in April so far; invest Rs 7,707 cr in equities
Ø India among top priority markets; to grow in double digits: Oriflame
Ø JSPL plans to set up India's second coal gasification plant at Raigarh
Ø Goodluck India to invest Rs 200 cr in 2-3 yrs to scale up capacity: CMD
Ø Equity mutual funds see Rs 1.64 lakh crore net inflow in FY22 on strong SIP book
Ø BMW eyes 'mega year' in India post Q1 show; to launch 24 products
Ø Tata Motors bags order for 1,300 commercial vehicles from VRL Logistics
Ø High 5G spectrum prices may push players up against the wall: COAI DG
Ø Sri Lanka crisis sends global demand for Indian textiles and teas soaring
Ø NLC India's power generation rises 19 pc to 2,920 cr units in FY22
Ø Discoms' outstanding dues to gencos rise 17.3 pc to Rs 1,23,244 cr in April

Business Standard

Ø Reliance Capital debt resolution may be delayed over subsidiaries
Ø Equity volumes see strong growth in FY22 despite tightening of margin norms
Ø For 3rd quarter in row, Indian startup funding crosses $10 bn in Q1
Ø Cabinet nod to distribute fortified rice under central schemes
Ø Sensitive to the West's sanctions against Russia, says RBI governor
Ø Piyush Goyal seeks investments from Australia; assures better returns
Ø India's tax revenues soar to a record high of Rs 27.07 trillion in FY22
Ø Reserve Bank of India imposes penalties on three cooperative banks
Ø Cadila Pharma launches world's first novel 3-dose vaccine against rabies
Ø Jaguar Land Rover sales decline 36% in Q4 as semiconductor woes continue
Ø IDFC MF deal latest in series of M&As in the RS 38-trillion industry
Ø TCS-led consortium bags Rs 550-crore order to deploy 4G gears in BSNL

Financial Express

Ø India’s import bill for edible oil likely to jump by $2 billion
Ø Vegetable prices soar in Delhi due to high transportation cost
Ø Consumer staples lose steam on rising inflation
Ø Shell says Russia exit has already cost $5 billion
Ø Sebi forms working groups to review criteria for MF sponsors
Ø Subsidy on ‘decontrolled’ fertilisers to be hiked again
Ø Individual investors can use UPI for up to Rs 5 lakh payment in public issues
Ø SEBI inching ahead to set up Social Stock Exchange
Ø Future Enterprises defaults on Rs 19.16 crore loan repayment
Ø No extension of GST aid to states, says Centre
Ø India to export 30-35 lakh tonnes of wheat in April-July: Food Secy
By: via @AlliesFin Serve Stock Market

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