• Ambani Outlines Reliance Heirs’ Roles at $220 Billion Empire
• Ambani’s Reliance to Spend $25 Billion on 5G Across India
o Jio to use standalone 5G, no dependence on 4G tech
• Ambani’s Reliance May Double Investment in Clean Energy Hardware
• Pakistan Flood Death Toll Passes 1,000 in ‘Climate Catastrophe’
• BPCL Says India May Have to Compensate if Fuel Losses Stay High
• BofA Says India Stocks to Be Range-Bound as Major Events Over
o Nifty 50 Index is set to trade in range of 17,000 to 19,500
• India Cumulative Monsoon Rainfall 7% Above Normal as of Aug. 29
• Indian Companies Issue INR136.8 Billion of Private Bonds Last Week
• Emerging Market ETF Outflows Hit $640.9 Mln, Most in 9 Months
• Global Funds Sell Net INR5.61B of Indian Stocks Monday: NSE
o Domestic funds buy net 1.44b rupees of stocks
• EAM Jaishankar holds talks with Maldivian counterpart: PTI
• Reliance to Update on Jio, Retail IPOs Next Year: Moneycontrol
• Adani Enterprises (ADE): Seeks SEBI Clarity On Warrants Conversion By NDTV Founders
• Adani Green (ADANIGR): Adani Green’s Key Debt Ratio Is Set to Improve, Nomura Says
• HFCL (HMFC): To consider fund raising via equity/debt on Sept. 2
• Procter & Gamble Health (PGHL): 4Q Net Income 411.9M Rupees Vs. 338.9M Rupees Y/y
• Sun Pharmaceutical (SUNP): Sees high-single to low double digit topline growth; see higher spend on speciality PDTS clinical trials
• Zomato (ZOMATO): Says no plan to re-brand Zomato app to Eternal; no change in anybody’s roles & responsibilities
By: via @AlliesFin Serve Stock Market
