Friday 29 April 2022

@AlliesFin Serve Stock Market's Post

*Business News Headlines*

*Economic Times :*

Ø Sansera Engineering set to bag $400-500 million order from US car maker

Ø NSE-BSE bulk deals: Dolly Khanna buys 10 lakh shares of Chennai Petroleum Corp

Ø BofA Securities downgrades Airtel to `neutral' on near-term headwinds

Ø NBFCs seek priority tag extension for agri, MSME on-lending

Ø Edible oil industry writes to govt seeking lower import duty on canola oil

Ø JK Tyre plans to reduce 65 per cent raw water usage by 2025

Ø Toyota Kirloskar Motor reaches 20 lakh units cumulative wholesales milestone

Ø Burman family of Dabur acquires 0.28% in Eveready Industries India Ltd

Ø Third Covid wave, inflationary pressure and high prices drags gold demand

Ø Unilever warns of more price hikes as cost pressures build

Ø India needs to remove trade restrictions, reduce tariffs in South Asia, says World Bank

Ø Vedanta seeks free land, cheap water, power in race to be India's first chipmaker


*Business Standard :*

Ø India to launch open e-commerce network to take on Amazon, Walmart

Ø Life Insurance Corporation to join league of top global insurance firms

Ø Realty firm Embassy REIT's net profit up fivefold at Rs 280 cr in Q4

Ø Biocon Q4 consolidated net profit declines by 4% to Rs 283 crore

Ø Govt hikes non-urea fertiliser subsidy to Rs 61,000 cr for 6 mths of FY23

Ø India buys more than double '21 total of Russian oil since war

Ø Damani eyes partners for Ambuja Cements buy; may invest up to Rs 10,000 cr

Ø IndiGo pilots under scanner for using expletives on radio during flight

Ø Indian Hotels turns in Rs 72 cr profit in Q4 against a loss last year

Ø India braces for sharp rise in edible oil rates, but spike could be short


*Financial Express :*

Ø Capital utilisation likely to dip in near-term, may pick up to 75% by end of 2022, ICRA says

Ø Venture firm Bodhi Tree Systems to invest Rs 13,500 crore in Viacom18

Ø Govt hikes nutrient-based fertiliser subsidy for Kharif season

Ø LIC fixes price band at Rs 902-949 a share for Rs 21,000 crore IPO

Ø Union Bank raises Rs 1,500 cr by issuing bonds

Ø Russia and India in talks to restart coking coal supplies

Ø Maharashtra sugar mills submit bids to supply 111 crore litres of ethanol in current supply year

Ø Adani Power, Jindal Steel stocks likely to be added to MSCI indices in May, Reliance weightage to increase
By: via @AlliesFin Serve Stock Market

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Bharat India Daybook Stocks in News *Jupiter Wagons:* Net profit at Rs 105 crore, Revenue at Rs. 1115 crore, up by 57 % YoY. (Positive) ...