India Rings in 5G as Debt-Laden Carriers Gird to Spend Billions
o PM Modi kicks off service in video call to school students
• Ambani Plans 5G Services in India With Most Affordable Tag (1)
o Reliance will invest 2T rupees in providing 5G service
• India Sept. Gross GST Revenue Collection at 1.48T Rupees
• India Cuts Windfall Taxes on Diesel, Aviation Fuel and Local Oil
• India’s September Diesel Sales Rebound Ahead of Major Festivals
• Coal India Allays Shortage Concerns on Improving Fuel Supplies
• Indian Households Expect Inflation to Rise, RBI Survey Shows
o India’s RBI Delivers Half-Point Hike to Rein in Inflation
• India Increases Natural Gas Price for 6 Months From October
• India Aug. Key Industries’ Output Rises 3.3% Y/y
• India April-Aug. Fiscal Deficit at 32.6% of FY23 Target
• India’s Market Regulator Tightens Disclosure Norms for IPOs
• India Allows Companies to Sell Bonds in Smaller Denominations
o Move to boost individual investor participation: Buch
• Rain in South India Seen Normal in Three Months to Dec.: IMD
• Air India Is Said to Weigh Raising $1 Billion for Expansion
• India Forex Reserves Fall $8.13B to $537.5b in Week to Sept. 23
o India Official Reserves Drop to Lowest Since August 2020
• Citigroup Hikes India RBI Peak Rate Forecast by 50 Basis Points
• India Stocks Outperform Asia as Banks Rally After RBI Rate Hike
• India Cumulative Monsoon Rainfall 6% Above Normal as of Sept. 30
• Cotlook Raises 2022-23 Surplus Outlook on Dwindling Demand
• India Credit Card Loans Rise to Record in August
• Global Funds Sell Net INR15.7B of India Stocks on Friday: NSE
o Domestic funds buy net 32.5b rupees of stocks
• India’s unemployment rate drops to 6.43% in Sept.: CMIE: PTI
• IAF to formally induct indigenously-built Light Combat Helicopter on Monday: PTI
• Zimbabwe Power Firm Secures Funds From India, State Media Says
• 10:30am: S&P Global’s India Manufacturing PMI for Sept., prior 56.2
• Adani Ports (ADSEZ): Incorporates Wholly-Owned Unit Adani Aviation Fuels
• Coal India (COAL): Sept. production climbs 12.3% Y/y to 45.7m tons; Sept. sales rise 1.1% Y/y to 48.9m tons
• Delta Corp (DELTA): Delta Corp, Coffee Holding Merger Sees EV of ~$655m
• Gokaldas Exports (GEXP): Clear Wealth Consultancy Services LLP sold 1.5m shares of GEXP to ADIA at INR349.75/shr: BSE Bulk Deals
• Graphite India (GRIL): To stop German Electrode production, as energy cost unviable
• HDFC (HDFC): HDFC Increases Retail Prime Lending Rate by 50BPS From Oct.
• Hero MotoCorp (HMCL): Sept. vehicle sales 519,980 vs. 530,946 a year ago
• Maruti Suzuki (MSIL): Sept. sales 176,306 units vs 86,380 Y/y
• NMDC (NMDC): Sept. sales grow 6.6% Y/y to 2.91m tons; Production +1.5% Y/y to 2.73m tons
• NTPC (NTPC): April-Sept FY23 generation increase 15.1% Y/y to 203.5 BU: PIB
• Srei Infrastructure (SREI): Says AM Mining added in final resolution applicants list
• Tata Motors (TTMT): Sept. local sales rise 44% Y/y to 80,633 units
• TVS Motor (TVSL): Sept. Vehicle Sales rise 9% Y/y to 379,011 Units
• Veranda Learning (VERANDA): To consider Fund raising plan on Oct. 5
• Zydus Lifesciences (ZYDUSLIF): Gets U.S. FDA nod to market Sildenafil for oral suspension
By: via Allies Fin Serve Stock Market Channel
Equity | Commodity | Currency | Online | Trading | Training | Wealth Management | NRI Services
AlliesFinServe #StockMarket #Bharat Telegram.me/AlliesFin's Post
https://x.com/cnbctv18live/status/1870100490643747026?s=52 By: ۞ A X i T D S H A H ۞ via AlliesFinServe #StockMarket #Bharat Telegram.me/Al...
-
Allies Financial Services Mumbai, India (M) : +91 (0) 9820 191219 Email : AlliesFin9@gmail.com Yahoo Id : AlliesFin9@yahoo.com Website : ...
-
*India Daybook Stocks in News* *MOIL:* Feb production at 1.5 lk tn manganese; up 15% YoY. (Positive) *AMI Organics:* Company gets paten...
-
*GIFT Nifty +8 pts (22515) from last trade 22507 ,* Nikkei +333 pts , Hangseng +40 pts , Crude @ $79.98 brl (+0.01), Brent @ $83.62 b...