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SGX Nifty trading at a premium of nearly 80 points from Nifty Futures Tuesday close
Facebook-parent Meta Platforms to fire 10,000 employees
U.S. CPI falls to 6.0% in February, as expected, but core prices still strong
F&O BAN GNFC IBULHSGFIN
FII's Net SELL Rs 3086 Crores In Cash
DII's Net BUY Rs 2121 Crores In Cash
Reliance Jio launches new postpaid family plan "Jio Plus" starting at Rs 399
Tube Investments of India Ltd forays into Contract Development & Manufacturing Organization.
MARUTI - Parent Suzuki Motor increases stake in Maruti Suzuki via open market transactions, buys 3.45 lakh shares
Parent Suzuki Motor acquired 3.45lk shares from March 10-13
Stake increased to 56.48%
Vedanta
Promoters release 70% pledged stake, pay $150mn
Fund raising/debt servicing capability of parent was a concern
Tyre exports from India to grow by 15% in FY2023 says ATMA
NTPC to import 5.4 million tons of coal to meet growing summer demand
SBI to hike key lending rate by 70 bps to 14.85% effective March 15
Greaves Cotton Management Meet: Nuvama
E-2W volumes industry-wide are expected to be 7 lakh units in FY23; likely to grow 50–70% in FY24
Competition is likely to increase as incumbents launch models across use cases in E-2Ws
PVR Investor Call
12-24 months to realise merger synergies; annual EBTIDA synergies of Rs 200-250 cr
Leading in QSR with annual revenue of Rs 1500 cr
Focus on driving synergies from revenue, wherein F&B would be a key contributor
Adding 180-200 screens/year over the next two years
GMR Airports board to consider fund raising on March 17, 2023
NBCC gets work order worth Rs 500 crore from Government of Puducherry for construction of government medical college
CAN_FIN_HOMES
Board Meeting to be held on 18-Mar-2023 to consider Fund raising (This Week Saturday)
For issuance of Non-Convertible Redeemable Debentures upto an amount of Rs 1764 Crore
DIVGI_TORQTRANSFER_SYSTEMS Large Trade (Today's Listing)
MORGAN STANLEY ASIA (SINGAPORE) PTE. SELL 373,611 SHARES @ Rs 590.32/ Share
SAGEONE INVESTMENT MANAGERS LLP BUY 360,571 SHARES
QUANT MUTUAL FUND BUY 263,951 SHARES
PNC_INFRATECH BAGS ORDER
Bid Project Cost of Rs 1260 Crores
RAILTEL_CORPORATION BAGS ORDER
Order Size = Rs 287.57 Crores
NBCC - BAGS ORDER
Order Size = Rs 500 Crores
LTIMindtree Analyst Day
Revenue synergies of $1 billion and cost synergies of 150–200 bps likely over 4-5 years
SVB was a customer +banker
Impact on business not material; deposit situation resolved
Anticipates no major impact from US regional banks
LTI Mindtree on Silicon Valley Bank: Impact on business is not material; deposit situation has also been resolved
Cipla sells 51.8% stake in Cipla Quality Chemical Industries Limited (CQCIL), Uganda for $25-30 million to Africa Capitalworks SSA 3
Star Health observes unauthorised access to mobile application & files a complaint with the cyber police
LIC Housing Finance: MR Kumar has resigned as the chairman [non-executive (nominee) director] from the board of the LIC Housing Finance.
TVS Motor Company: The company has received the board approval for allotment of 12,500 non-convertible debentures of face value Rs 1 lakh each, amounting to Rs 125 crore, through private placement.
Elgi Equipments: The company's wholly owned subsidiary Elgi Compressors USA Inc has acquired 33.33% stake in CS Industrial Services LLC.
NMDC: Amitava Mukherjee has taken an additional charge as Chairman-cum-Managing Director of the country's largest iron ore producer.
Texmaco Rail & Engineering: The company has received the board approval for the transfer of rail EPC business through slump sale to its wholly owned subsidiaries.
DFM Foods: The company has received a delisting order, approving the delisting of equity shares from BSE and National Stock Exchange of India.
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Loss இல்லாமல் எளிமையாக PROFIT செய்ய வேண்டுமென்றால்.? உடனடியாக பிரீமியம் குரூப்பில் இணைந்து கொள்ளுங்கள்.?
வெறும் ஒருநாள் லாபம் மட்டுமே.? Premium group fees just Rs. 999 only
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Loss இல்லாமல் எளிமையாக PROFIT செய்ய வேண்டுமென்றால்.? உடனடியாக பிரீமியம் குரூப்பில் இணைந்து கொள்ளுங்கள்.?
வெறும் ஒருநாள் லாபம் மட்டுமே.? Premium group fees just Rs. 999 only
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*WHAT HAPPENED OVERNIGHT*
- Financial market volatility continued globally
- SPX -0.15%, Nasdaq +0.45%
- Rates market saw huge moves, yields plunged
- UST 2y yield -47 bps to 4.01% !
- UST 10y yield lost 20 bps to 3.54%
- U.S. Dollar Index -0.60% to 103.68