Tuesday, 14 June 2022

@AlliesFin Serve Stock Market's Post

*Business News Headlines*

*Economic Times :*

Ø Crompton Greaves Consumer Electricals to raise Rs 925 crore via NCDs

Ø Adani plans up to $4.5 billion fundraise from foreign banks

Ø RBL has the team to achieve version 2.0 in just half a decade: Subramaniakumar

Ø Industry tailwinds, deal pipeline to help Route Mobile achieve 40% growth in FY23: CEO

Ø Tata companies well-capitalised, focus on future growth business: N Chandrasekaran

Ø GSK Velu in talks with investors, PEs & banking firms to buy back Metropolis Healthcare

Ø Zydus Lifesciences' Rs 750 cr-share buyback to open on June 23

Ø Industry tailwinds, deal pipeline to help Route Mobile achieve 40% growth in FY23: CEO

Ø RBI imposes monetary penalty on Urban Co-operative Bank, Budaun

Ø FMCG majors including HUL, Britannia, Marico make big gains as inflation blunts small firms' edge

Ø Embassy REIT distributes over Rs 5,800 crore to unitholders since listing

Ø Rajesh Exports setting up India's first display plant with $3 bn investment


*Business Standard :*

Ø Retail inflation eases to 7.04% in May, but remains above RBI's target band

Ø NCLAT upholds CCI order, asks Amazon to pay Rs 200 cr penalty in 45 days

Ø Zomato, Swiggy directed to make data sharing call the user's prerogative

Ø RIL-BGEPIL dispute: Govt mulls appealing against English court order

Ø Foxconn's Bharat FIH gets Sebi nod to raise Rs 5,000 crore through IPO

Ø IIFL Home Fin eyes IPO; looks to raise Rs 5,000 cr via direct assignment

Ø Ahmedabad-based Nandan Terry scraps IPO plans; withdraws draft papers

Ø Tata Steel unveils 7 mn pound green investment plan for UK steel tube mill

Ø Credit card linkage to UPI: Uncertainty over pricing leaves players in dark

Ø Two broadcasters for IPL: Digital and TV rights valued at Rs 44,075 cr


*Financial Express :*

Ø Dhanlaxmi Bank shareholders question rights issue plan

Ø Rustomjee group firm Keystone Realtors files IPO papers with SEBI; plans to raise Rs 850-cr via public issue

Ø Debt mutual fund sees Rs 32,722-crore outflow in May on rising interest rates

Ø Drone segment gets off to a flying start in India

Ø Neobanks provide digital and mobile-first financial solutions to SMEs

Ø Schneider Electric revamps IT partner programme for SME partners to hone skills, co-develop solutions, more

Ø Vedanta to modify design of waste heat recovery plant in Goa to increase power generation

Ø Bank of Baroda hikes MCLR by 10-20 bps
By: via @AlliesFin Serve Stock Market

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