Wednesday 21 September 2022

@AlliesFin Serve Stock Market's Post

*Business News Headlines*

*Economic Times*
Ø Adani aims to double ACC, Ambuja Cements capacity by 2030
Ø Aether Industries seeing incredible inquiries coming in from major chemical companies in Europe: Aman Desai
Ø Tourism sector to contribute USD 250 billion to GDP by 2030: Centre
Ø Bankruptcy Board, IBBI, amends regulations to reduce delays in insolvency process
Ø India to grow at over 7% in FY23, says CEA
Ø Hero MotoCorp, Hindustan Petroleum partner to set up charging infrastructure for electric vehicles
Ø KKR and Hero Group invest $450 Million in Hero Future Energies
Ø OLECTRA wins Rs 185 crore order from Thane to supply 123 electric buses
Ø Vedanta's Rs 1.54 lakh crore semiconductor plans won't chip away at liquidity: S&P
Ø Adani pledges stake worth $13 billion in newly acquired ACC, Ambuja Cements
Ø Govt actively studying duties levied on steel exports
Ø Oyo ahead of pace on road to profitability, says independent director Troy Alstead

*Business Standard*
Ø Yes Bank approves sale of Rs 48,000 cr stressed loans to JC Flowers ARC
Ø RBI wants fintech operators to follow rules of game: Shaktikanta Das
Ø Sebi moots stricter framework for identifying FPI beneficial owners
Ø Ethanol purchase price may be hiked by up to Rs 2 per litre next year
Ø India to push big for multilateral reforms of WTO, IMF as G20 Chair
Ø Centre to relax rules, fast-track new measures for oil & gas exploration
Ø Reports of request for windfall tax review misleading: Oil ministry
Ø RBI, bond market players discuss liquidity strategy as surplus dwindles
Ø The $1.3 billion Amara Raja Group sets sights on EV batteries now
Ø RBI removes Central Bank of India from PCA framework after more than 5 yrs

*Financial Express*
Ø SBI asks its branches to avoid dollar exposure on Bangladesh
Ø Fabindia cuts losses to Rs 39 crore for FY22
Ø SpiceJet sends 80 pilots on 3-month leave without pay
Ø Adani Green commissions 325-MW wind power project in Madhya Pradesh
Ø Lupin launches generic Suprep Bowel Prep Kit in United States
Ø Vedanta Resources’ semiconductor plans won’t chip away at liquidity: S&P
Ø Former RBI deputy governor, Zomato chairman join BharatPe board
Ø Govt mulls ‘work from home’ for all SEZ employees
Ø Offline food, grocery retailers to see 20% revenue growth
Ø Mother Dairy expecting 20 pc revenue growth in FY23 to Rs 15,000 crore
By: via @AlliesFin Serve Stock Market

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*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...