Market Highlights
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January 24, 2022
- Ø Mobikwik expects to double revenue this fiscal, stays cautious on IPO launch
- Ø Tata Motors expects growth momentum to continue in 2022 as it looks to ramp up production
- Ø NAEC seeks govt intervention in containing high cost of cotton yarn, fabrics to boost exports
- Ø Anil Agarwal to set up $10 billion fund to hunt for govt assets
- Ø Pharma industry seeks enhanced funds for healthcare sector, ease of doing biz in Budget
- Ø HDFC real estate PE arm HDFC Capital to invest $2 billion in affordable housing ecosystem
- Ø Future Retail may miss $14 million coupon payment on bonds
- Ø TCS aims to grow in high double digits in Canada as demand for digitisation rises
- Ø 445 infra projects show cost overrun of Rs 4.4 lakh cr
- Ø Tata Motors drives in CNG variants of Tiago, Tigor priced between Rs 6.09 lakh and Rs 8.41 lakh
- Ø Would target $300 bn services exports in 2022-23: SEPC
- Ø Separate 5G band and aviation radar frequency: Bharti Airtel to Trai
- Ø Centre to get cracking on IDBI Bank sale once LIC IPO is launched
- Ø Good cycle for commodities will continue: JSW Steel's Seshagiri Rao
- Ø Sebi asks PFS to file action taken report on governance within four weeks
- Ø YES Bank Q3 net profit surges 77% to Rs 266 cr on lower provisions
- Ø Our tech spend will only increase: HCL Tech chief C Vijayakumar
- Ø ICICI Bank Q3 net profit jumps 25% to Rs 6,194 cr; NII rises 23%
- Ø Power sector stocks may continue to shine as economic activity recovers
- Ø Microsoft, Telangana seal deal for Rs 15,000-cr data centre in Hyderabad
- Ø Sebi mulls dispute resolution mechanism to boost investor protection
- Ø Mobikwik expects to double revenue this fiscal, stays cautious on IPO
- Ø FabIndia plans Rs 4,000 crore IPO; promoters to gift over 7 lakh shares to artisans, farmers
- Ø Gold prices likely to remain firm despite Fed’s tightening in 2022
- Ø Liquidity, demand helps India Inc raise overseas bonds at lower rates in January
- Ø GDP likely to grow 7.6% in FY23: India Ratings
- Ø FDI flows to India slip 26 per cent in 2021: UN report
- Ø Bank of Baroda plans to raise up to Rs 1,000 cr via AT-1 bonds
- Ø Paper packaging segment revived fastest during Covid
- Ø Radiant Cash Management Services, Veranda Learning Solutions get Sebi nod to float IPOs
- Ø Borrowing cost for states rises on increase in G-Sec yield
- Ø IT sector: Healthy growth likely in a weaker season
- Ø Cabinet nod to Rs 1,500-cr equity infusion in IREDA