Market Highlights

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Get the latest Indian stock / share market highlights, BSE/NSE stock news, business research reports & details - updated daily by Money Times.

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January 18, 2022

• Ø UPL Corporation raises $700-m loan from global banks
• Ø Sebi overhauls preferential allotment rules
• Ø UltraTech Cement Q3 Results: Net profit rises 8% YoY to Rs 1,708 crore, beats Street estimates
• Ø Mindspace REIT to raise up to Rs 500 crore through issue of NCDs
• Ø Tech Mahindra Acquires Com Tec Co IT Ltd and invests in two InsurTech platforms
• Ø LIC IPO timeline likely to come in Budget
• Ø Sebi tightens rules governing utilisation of IPO proceeds
• Ø Landmark Cars plans to take the IPO route to raise over Rs 800 crore
• Ø ATF price hiked by 4.2 per cent; no change in petrol and diesel prices
• Ø Indian rice traders stop new export deals as freight train shortage blocks shipments
• Ø Commodity price hike hit company, unable to fully pass on to consumers: M&M
• Ø Billions of people still not on internet; affordability key: Sunil Mittal
• Ø Budget: Govt plans Rs 1.4-trn fertiliser subsidy for farmers, says report
• Ø Rationalise tariffs on mobile phone parts in Union Budget: ICEA
• Ø Adani Wilmar cuts IPO size to Rs 3,600 cr from Rs 4,500 cr: Report
• Ø IOC to invest Rs 7,000 cr in city gas after it secures 33% market areas
• Ø RIL to invest Rs 5.95 trn in Gujarat for green energy, other projects
• Ø Posco, Adani Group to invest up to $5 bn for green steel mills in India
• Ø Mercedes-Benz aims to accelerate sales of electric vehicles in India
• Ø Sebi mulls dispute resolution mechanism to boost investor protection
• Ø Chip crunch, pandemic, high costs drag Dec qtr auto sales to multi-year low
• Ø NTPC plans to raise up to $750 million via external commercial borrowing
• Ø Axis Bank closing in on Citi India’s consumer business, say sources
• Ø RBI devolves new 10-year benchmark bond at maiden auction
• Ø SBI raises $300 million via 5-year Regulation S Formosa bonds
• Ø LIC IPO expected to open mid-March; DRHP likely this month
• Ø India’s first Bitcoin ETF likely to come up in GIFT City
• Ø AGS Transact Tech sets IPO price band at Rs 166-175/share
• Ø Telecom industry seeks RoW rules amendment to include provisions on ‘small cell deployment’ for 5G readiness
• Ø Icra says Omicron may eat up 40 bps of Q4 GDP growth
• Ø Sebi tightens rules governing utilisation of IPO proceeds; tweaks OFS norms