Namaste !!
• India August Inflation Accelerates to 7% on High Food Prices
o India Aug. Consumer Prices Rise 7.00% Y/y, Est. +6.90%
• India July Industrial Production Rises 2.4% Y/y, Est. +4.2%
• India Inflation Basket Needs Urgent Revision, Economists Say
• India E-Auction of 10 Commercial Coal Mines to Start Tuesday
• India May Offer $2.5 Billion Lifeline to Cost-Hit Oil Firms
o Finance, oil mins in advanced talks on LPG compensation
• Google Mulls 10%-20% of Annual Pixel Prod in India: Information
• Depleting Reserves Spell Risks for Emerging Asian Currencies (1)
• India to Launch Third Mission to Moon by July, Space Agency Says
• India Milk and Dairy Products Surplus Seen at 111M Tons by 2046
• Lumpy Skin Disease Kills 67,000 Cattle in India, Swain Says
• India Cumulative Monsoon Rainfall 6% Above Normal as of Sept. 12
• Indian Company Private Bond Sales Rise 141% W/w to INR357.4 Billion
• Emerging Market ETFs Fall for 3rd Week in $2.61 Bln Streak
• Global Funds Buy Net INR20.5B of India Stocks on Monday: NSE
o Domestic funds sell net 8.91b rupees of stocks
• French Foreign Minister to visit India from Sep 13-15: PTI
• Vedanta Picks Gujarat State for India Chips Plant, Reuters Says
• Sony, Zee Offer Merger Concessions to Ease India Watchdog: Rtrs
• Tata group in talks with Bisleri to acquire a stake in the packaged water co.: PTI
• Abrdn Seeks up to $313 Million in HDFC Life Share Sale: Terms
o To sell 43m shares at INR564.1 to INR578.55 each
• Adani Transmission (ADANI): Sayas Reliance Infra’s Arbitration Asks Untenable:
• IRB Infrastructure (IRB): August gross toll collections jump by 35% Y/y to 3.36b rupees, up 5% from July
• New India Assurance (NIACL): Appoints Neerja Kapur as CMD from Sept. 12
• Nippon Life India (NAM): Nippon Life, DWS to Launch Europe- Listed India Govt Bond ETF
• Premier Explosives (PRE): Gets order from overseas entity to supply rocket motors
• Tata Consultancy (TCS): To build operations platform for C&S Wholesale Grocers
• Ujjivan Small Finance Bank (UJJIVANS): QIP opens Monday, Floor price INR21.93/share; To consider QIP price on Sept. 15
By: via @AlliesFin Serve Stock Market
