Friday 19 August 2022

@AlliesFin Serve Stock Market's Post

Namaste !!

•India’s Reserve Bank Says Policy Oriented Toward Cooling Prices

• India Bars Some States From Power Exchanges as Unpaid Bills Rise

o 13 provinces blocked from transacting on exchanges

• India Draft Port Bill Seeks to Replace Existing 1908 Act

• India CCI Approves Katsura Investments Buying Varmora Granito

o CCI approves acquisition of BPEA group by EQT AB

• India Cumulative Monsoon Rainfall 9% Above Normal as of Aug. 18

• India’s HDFC Invites More Lenders to Join $1.1b Social Loan

• India’s Sensex Advances for Fifth Day on Rally in Banks and L&T

• Emerging Economies 2Q GDP Forecast Steady; India Seen at 14.3%

• Global Funds Sell Net INR17.1B of India Stocks Thursday: NSE

o Domestic funds buy net 4.71b rupees of stocks

• India-China relationship going through ‘extremely difficult phase’: EAM Jaishankarjaishan: PTI

• Adani Total Gas (AYGL): Cuts prices of PNG, CNG effective Aug. 17

• Apollo Hospitals (APHS): Ion Beam, Apollo Proton Cancer Centre Sign Training Pact

• HDFC Asset Management Co (HDFCAMC): Says it’s stake in Max Healthcare (MAXHEALT) increases to 5.18%

• Indian Railway Catering (IRCTC): Seeks to Appoint Consultant for Monetizing Digital Assets

• JSW Steel (JSPL): CCI approved merger of CSSL and JSW Ispat with JSW Steel

• Metropolis Healthcare (METROHL): Says CEO Vijender Singh resigns, co. has begun process of finding a CEO

• Wipro (WPRO): Gets Multi-Year IT Services Contract from UK Treasury
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...