Monday 29 August 2022

@AlliesFin Serve Stock Market's Post

• India Restricts Wheat Flour, Other Exports to Curb Prices

• China, India Spar Over Controversial Ship’s Call in Sri Lanka

o India says Beijing gave embattled country extra problems

• India to Create Ecosystem for Cos Willing to Relocate:Sitharaman

• RBI’s Patra Says Second Round Effect Poses Upside Inflation Risk

• Ambani Succession, Spinoffs in Focus at Reliance Meeting (1)

o Investors awaiting news on listing of telecom, retail units

• India Set to Curb Some Rice Exports in Risk to Global Supply (1)

• Former StanChart Banker Appointed to Indian Market Regulator

• Bonds Rally in India as Index Inclusion Hopes Boost Sentiment

• Debt-Funded Acquisitions by Adani Group May Hit Ratings: S&P

• ArcelorMittal Nippon to Buy Essar Units for $2.4 Billion (1)

o To buy infrastructure assets including ports & power

• Mukesh Ambani Is Mystery Buyer of Dubai’s Costliest Home Ever

• Indian Stocks Rise, Still Post First Weekly Fall Since Mid-July

• India’s FX Reserves Fall $6.69B to $564.05b in Week to Aug. 19

o India Official Reserves Drop to Lowest Since October 2020

• Global Funds Buy Net INR23.6B of Indian Stocks on Aug. 26: NSE

o Domestic funds sell net 2.84b rupees of stocks

• India, Russia in Talks to Resume LNG Supply, Reuters Cites GAIL

• Special forces of India, US carry out mega exercise in Himachal Pradesh: PTI

• Blackstone Eyes IPO Filing for $2.5 Billion India Mall Portfolio

o Listing could mark India’s 1st retail property-focused REIT

• Cipla (CIPLA): Says U.S. FDA made 6 observation on Goa facility; Co. working with USFDA to address issues within stipulated time

• Mahindra & Mahindra (MM): Says SsangYong Motor ‘Rehabilitation Plan’ Approved

• Manappuram Finance (MGFL): To consider raising funds via debt in Sept.

• New Delhi Television (NDTV): Shift AGM date to Sept. 27 from Sept. 20

• Syngene International 9SYNG): To buy up to 26% stake in 02 renewable Energy II for INR30m

• Tata Steel (TATA): Signs pact with Punjab for long-PDTS steel plant, to have scrap-based electric arc furnace
By: via @AlliesFin Serve Stock Market

AlliesFinServe #StockMarket #Bharat Telegram.me/AlliesFin's Post

*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...