Friday, 30 September 2022

Allies Fin Serve Stock Market Channel's Post

*Business News Headlines*

*Economic Times :*

Ø Tata Industries to hive some startup businesses off to Tata Digital

Ø NSE index rejig to bring inflows of up to $189 million

Ø Sebi rolls out framework for credit rating agencies

Ø IT hardware PLI purse may zoom 2.5 times to Rs 19,000 crore

Ø Cognizant will focus on digital, stay away from “uneconomic” deals

Ø HCL acquires majority stake in vernacular edtech platform GUVI

Ø Sebi set to allow confidential pre-filing of IPO documents

Ø Govt to borrow Rs 5.92 lakh cr in H2 of FY23; plans to raise Rs 16,000 cr via sovereign green bonds

Ø Government aims to control natural gas prices to tame inflation, sources say

Ø Merger between LIC MF and IDBI MF in advanced stage: LIC Mutual Fund MD

Ø SBI files 'insolvency petition' against Jaiprakash Associates in NCLT

Ø Govt hikes interest rate on small savings schemes for Q3 of FY23


*Buisness Standard :*

Ø Reliance Retail's fashion-lifestyle store AZORTE to take on Zara, Mango

Ø ICICI Pru, 14 insurance firms evaded Rs 824 crore input tax credit

Ø Retail IPO applications down by over 50% in H1FY23, shows data

Ø India's Li-ion battery demand to grow to 70 GWh by 2030, says report

Ø Blue Dart Express' volume growth momentum likely to sustain in FY23

Ø Centre to relax rules, fast-track new measures for oil & gas exploration

Ø Export of rice consignments with limited quantity of broken rice allowed

Ø New funding mechanism takes wing for HNIs bidding Rs 2-10 lakh in an IPO

Ø Torrent group to make Rs 2,900-cr bid for Reliance Nippon Life Insurance

Ø Adani Enterprises secures funds to build Ganga Expressway at Rs 23,000 cr


*Financial Express :*

Ø Russia to annex seized Ukrainian regions: Putin to sign documents in grand ceremony tomorrow

Ø IPO mop-up plunges 32 pc to Rs 35,456 crore in H1: Report

Ø Sebi bans The Apex Global, its proprietor from markets for 4 years

Ø Transport Corp’s Vineet Agarwal bullish on both online and offline sales amid 2022 festivities

Ø Lupin launches generic Suprep Bowel Prep Kit in United States

Ø Former RBI deputy governor, Zomato chairman join BharatPe board

Ø Indifi disbursed loans valuing Rs 2800 crs to more than 30,000 MSMEs

Ø Offline food, grocery retailers to see 20% revenue growth

Ø Nykaa board to meet on October 3 to consider bonus share issuance
By: via Allies Fin Serve Stock Market Channel

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SEBI issues consultation paper to review SME IPO and disclosure norms. Some key points are as follows 1. Minimum application size shall be...