Thursday 28 April 2022

@AlliesFin Serve Stock Market's Post

*Business News Headlines*

*Economic Times :*

Ø LTI, Mindtree boards may meet next week to okay merger

Ø SBICAP ramps up resources to arrange overseas debt deals

Ø Bajaj Auto Q4 Results: Profit rises 10% to Rs 1,469 cr; firm declares dividend of Rs 140 per share

Ø LIC management on cutting IPO size, reducing valuation & LIC 3.0

Ø NTPC to raise Rs 1,500 crore via NCDs

Ø JSW steel to set up Rs 150-crore steel plant in South Kashmir; Apollo hospital to come up in Jammu

Ø India, EU look at connectivity projects in third countries

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

Ø Govt approves Rs 60,939 crore subsidy for P&K fertilisers for April-September

Ø New investment, manufacturing jumped in FY22: Goldman Sachs

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

Ø HAL, Bharat Electronics sign deal to make indigenous search & track system for Su-30 MKI jets


*Business Standard :*

Ø LIC may list on May 17; IPO of right size, says Dipam Secy Tuhin Pandey

Ø Adani Enterprises incorporates wholly-owned arm for media related biz

Ø TVS Motor Co signs deal with Rapido to strengthen hyperlocal mobility biz

Ø Tata Group approaches CCI for merger between Air India and AirAsia India

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 MG Motor India partners with BPCL to bolster EV charging infrastructure

Ø Maruti Suzuki joins hands with Indian Bank for car loans

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

Ø Airtel buys 7% in cloud networking startup Cnergee Tech for undisclosed sum


*Financial Express :*

Ø EV fires harmful, but to not impact demand: Bajaj Auto ED

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

Ø Tata Motors, Lithium Urban Technologies sign MoU for EV fleet deployment

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 Yes Bank files plea for insolvency proceedings against Zee Learn

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

Ø Sebi amends rules to simplify procedure for transmission of securities
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) ...