India Appoints New Defense Chief in Push to Modernize Military
• India Extends Free Food Plan for 3 Months, to Spend $5.5 Billion
• India August Steel Consumption Rose 13% on Year to 9.3M Tons
• India Needs to Invest $10 Billion in Battery Cells for EV Demand
• Indian Regulator Tightens Credit Enhancement Rating Norms
• Ontario Teachers’ Fund to Explore India Energy Storage Venture
• India to Allow 17,000 Tons/Yr of Areca Nut Import from Bhutan
• Global Funds Sell Net INR27.7B of India Stocks on Wednesday: NSE
o Domestic funds buy net 25.4b rupees of stocks
• Adani Green Energy (ADANIGR): Totalenergies not sure of keeping 20% stake
• Bharat Heavy Electricals (BHEL): Gets NTPC order for Odisha Thermal Power project
• Edelweiss Financial (EDEL) Raises Edelweiss Tokio Life stake to 75.1%
• FSN E-Commerce Ventures (NYKAA): Meeting on Oct. 3 to consider issuance of Free Shares to shareholders
• S H Kelkar & Co. (SHKL): Says unit Keva Europe BV acquired 19% stake in Provier Beheer BV, raises holding to 81%; balance will be acquired in 2 yrs; Also unit in Italy buys remaining 30% stake in Nova Fragrance
o Keva Construction Pvt. sold 1.11m shares of SHKL to Keva Investment Partners at INR141.41/share: NSE Bulk Deal
• Titan Co (TTAN): India Chain Gold Retailers’ Market Share to Pass 40% in 5 Years
By: via Allies Fin Serve Stock Market Channel
