Friday 27 May 2022

@AlliesFin Serve Stock Market's Post

Economic Times
Ø Govt calls off present EOI process for BPCL divestment
Ø Moody's upgrades Bharti Airtel to Baa3 making it investment-grade co
Ø Godrej consumer reworks business plan with a global view
Ø Vedanta can buy 5% more in HZL: Anil Agarwal
Ø Singtel set to dial Sunil Mittal to sell part stake in Bharti Airtel
Ø Musk sued by Twitter investors for stock 'manipulation' during takeover bid
Ø Sebi exempts govt from making open offer to VIL shareholders
Ø Prestige Estates registers highest ever sales of Rs 10,382.2 crore, up 90% YoY
Ø Muthoot Finance to raise Rs 300 crore via public issue of secured NCDs
Ø Aether Industries IPO subscribed 6.26 times on final day of bidding
Ø Billionaire Gautam Adani’s food venture is best-performing Asia IPO
Ø Oberoi Realty plans to raise Rs 3,500 crore through share sale, bonds issue

Business Standard
Ø ONGC to invest Rs 31,000 cr over next 3 years in finding oil, gas
Ø Chipmaker Broadcom to buy cloud services firm VMware in $61-bn deal
Ø Hindalco Q4 profit doubles to Rs 3,851 cr; revenue rises 38% YoY
Ø Economists see limited impact of oil prices on India's GDP growth in Q4
Ø Govt brings import of paper under compulsory registration from Oct 1
Ø Prestige Group to pump at least Rs 7,500 cr to gain foothold in Mumbai
Ø RBI to hike repo rate by 50 bps, lower FY23 growth to 7% in June: Barclays
Ø Union Bank to raise up to Rs 8,100 cr in capital for business expansion
Ø World on 'overswing' of green energy solutions: Gautam Adani tells WEF
Ø LIC Housing Finance plans to expand project loan business in FY23.
By: via @AlliesFin Serve Stock Market

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*India Daybook – Stocks in News* *Kirloskar Oil:* Net profit up 86.1% at ₹146.8 cr vs ₹78.9 cr (YoY) Revenue up 20% at ₹1,660 cr vs ₹1,383...