🔔 3 IPOs Listing Tomorrow - 24th Sep
📦Western Carriers (India) Limited
🏢Arkade Developers Limited
🏦Northern Arc Capital Limited
*News Headlines from Business News Agencies:*
*Business Standard*
📝 FM reviews housing and urban affairs ministry capex with focus on PMAY
📝 New housing supply in Delhi-NCR triples in Q2 to 13,311 units: PropEquity
📝 Indian steel firms under pressure from rising imports, drop in exports
📝 Greenfield boom: Hotel investments in India return to pre-pandemic high
📝 Intel shares climb on report that Qualcomm made takeover approach
📝 Finance Ministry urges DRTs, banks to expedite loan recovery processes
📝 NBFC Aye Finance raises $30 million in series G round led by ABC Impact
📝 Moglix to invest $50 million in Credlix for expansion in USA, Mexico
📝 NCLAT rejects tax claim against RCom after initiation of insolvency
📝 India, Germany conclude development policy negotiations successfully
📝 Cement makers may end H1FY25 with higher raw material costs, weak pricing
📝 GM recalls 449K SUVs, pickups over faulty low brake fluid warning light
📝 India, Korea discuss upgrading of trade pact, promoting investments
📝 Leela hotels owner Schloss files IPO papers to raise for $599 million
*Economic Times*
📝 Garuda Aerospace to set up dedicated defence drone facility near Chennai
📝 AAHL reports lounge access issues at multiple airports after DreamFolks suspension
📝 Plan to open offices abroad to assist foreign investors looking to invest in India: Piyush Goyal
📝 NCLT rejects Philips India’s plea to buy out minority shareholders’ stake, again
📝 SEC approves BlackRock's spot bitcoin ETF options listing
📝 NCLT directs IRP to respond to 26,000 homebuyers of Supertech
📝 India can become $10 tn economy by 2032; beat US, China in manufacturing: Report
📝 Bombay HC grants temporary relief to CEATin case against Apollo Tyres’s ads
📝 UPI transaction value surges to Rs 1669 lakh crore in first five months of FY 2024-25
📝 Uco Bank IMPS issue: Slim chance of full recovery this fiscal, says bank MD
📝 RBI extend tenure of IDFC First Bank MD V Vaidyanathan for another 3 years
📝 Top bankers urge govt to initiate disinvestment process in banks
📝 Government seeks explanation from edible oil companies on rising prices
📝 Nirala World to invest Rs 400 cr to build luxury housing project in Greater Noida
*Mint*
📝 Oil logs second weekly gain after US Fed rate cut; Brent, WTI gain 4% in 5 days
📝 IGREL Renewables eyes fresh ₹300 crore equity fundraise next fiscal
📝 Linde India moves SC against SAT order in related-party transactions case
📝 BSNL gains 2.9 million customers in July after private telcos raised tariffs
📝 Blinkit, Zepto to face CCI scrutiny after complaints from local retailers
📝 US CFTC issues first guidelines for carbon credit markets
📝 OYO to acquire Motel 6, Studio 6 from Blackstone paying $525 million cash
📝 SEBI permits mutual funds to buy, sell credit default swaps.
📝 Govt pushes for indigenous technologies in animal husbandry, dairy sectors
📝 Crude oil sizzles after US Fed rate cut: Brent nears $74 on demand optimism
📝 Seci plans to launch IPO within next two years: CMD RP Gupta
📝 HDB Financial IPO: HDFC Bank clears subsidiary's ₹2,500-crore IPO plan
📝 Food price volatility remains ‘contingent risk’ for CPI inflation: RBI
📝 JSA expands projects, real estate practices with new leadership team
*GIFT Nifty +85 pts (25875) from last trade 25790 ,*
Nikkei clsd ,
Hangseng -21 pts ,
Now @6.55am .
Dow +38.17 pts ,Nsdq -65.66 pts, S&P
-11.09 pts , Bovespa -2057 pts , Ftse -98 pts , Dax -282 pts , Cac -115 pts , Crude @ $71.02 brl (+0.02), Brent @ $74.50 brl (+0.01) , Gold @ 2644.80 (-1.40), Silver $31.365 (-0.14), Euro @ $1.1163, JPY @ $143.90, INR @ 83.485
*Today's Corporate Action*
*23rd Sept Ex Date*
Aarnav Fashions Ltd
23 Sep 2024
Final Dividend - Rs. - 0.5000
Aartech Solonics Ltd
23 Sep 2024
Final Dividend - Rs. - 0.2500
ADDI INDUSTRIES LTD
Final Dividend - Rs. - 1.2500
Advait Infratech Ltd
Final Dividend - Rs. - 1.5000
Amba Enterprises Ltd
Final Dividend - Rs. - 0.5000
*Today's Key Results/Board Meetings*
*23-Sep-24*
LGBBROSLTD
General
ORISSAMINE
Quarterly Results
*Stock under F&O ban on NSE*
*23-Sep-24*
1 AARTIIND
2 BIOCON
3 CHAMBLFERT
4 GNFC
5 GRANULES
6 LICHSGFIN
7 NATIONALUM
8 OFSS
9 PNB
10 RBLBANK
11 SAIL
Today's Headlines :
*Economic Times*
📝 Jio, Airtel, Vi record customer loss post tariff hike, BSNL becomes only gainer in July
📝 Adani Total Gas secures USD 375 mn funding to expand city gas network
📝 HDFC Bank approves IPO of HDB Financial Services with fresh equity sale of Rs 2,500 crore
📝 India’s forex reserves hit a fresh high of $689.46 billion
📝 India proposes retaliatory duties worth $1.1 bn against EU’s steel curbs
📝 Retail inflation for farm workers eased to 5.96% in Aug; 6.08% for rural labourers
📝 NHAI awards 251-km Hyderabad-Nagpur corridor for Rs 6,661 cr under TOT model
📝 ISRO, IN-SPACe & NSIL sign five tech transfer pact with non-governmental entities
📝 Over Rs 3 lakh cr needed each year to achieve 440 GW RE capacity by 2030: Icra
📝 Copeland to invest Rs 500 crore to expand India manufacturing facility and R&D
📝 Air India domestic market share rises to 27%, International to 24%
📝 Fleet operator Everest Fleet raises $30 million from Uber India
📝 Hospitality startup Elivaas raises $5 million from 3one4 Capital, others
📝 PhysicsWallah closes $210 million funding round led by Hornbill Capital valuing it at $2.8 billion
*Business Standard*
📝 CARE Ratings downgrades IIFL Finance's long-term instruments to "AA-"
📝 Internship Scheme: Govt to list out 500 companies based on CSR spend
📝 Moglix to invest $50 million in Credlix for expansion in USA, Mexico
📝 NBFC Aye Finance raises $30 million in series G round led by ABC Impact
📝 DPIIT refers complaint against quick e-commerce players to CCI: Report
📝 EQT to acquire 100% stake in Indostar Home Finance for Rs 1,750 crore
📝 Mankind Pharma to raise funds up to Rs 10k crore via debt instruments
📝 Adani Ports sign MoU with Rorix Holdings for trade, logistics purposes
📝 Capital A launches Rs 400 cr fund to target manufacturing, climate startups
📝 Reliance Infrastructure gets Rs 1,100 crore infusion from promoters
📝 FM reviews housing and urban affairs ministry capex with focus on PMAY
📝 Finance ministry notifies direct tax Vivad Se Vishwas Scheme, 2024
📝 NRI deposits witness $5.82 billion inflows in April-July 24, shows RBI data
📝 Rupee posts biggest weekly gain in 2024; appreciates 9 paise to 83.56
*Financial Express*
📝 TCS expands operations in Poland, opens new delivery centre in Warsaw
📝 RWE, AM Green Ammonia inks pact to supply 250,000 tonnes green ammonia annually
📝 Religare Enterprises becomes debt-free entity, clears Rs 163.75 crore loan
📝 Zomato receives another GST demand, penalty order of Rs 17.7 crore from West Bengal
📝 I-GST panel finalises plan to address “negative balance” issue
📝 Crude import bill up 15% on year in Apr-Aug
*Mint*
📝 Manba Finance IPO: NBFC mobilises ₹45 crore from anchor investors
📝 SEBI permits mutual funds to buy, sell credit default swaps
📝 Govt pushes for indigenous technologies in animal husbandry, dairy sectors
📝 JSA expands projects, real estate practices with new leadership team
📝 Govt launches portal to send alerts on food import rejections
📝 Vodafone Idea to conduct investor meet on Sept 23 after SC's AGR verdict setback.