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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April 07, 2022

• • India Faces Serious Costs If Aligned With Russia, U.S. Warns
• • India Condemns Killing in Bucha, Seeks Independent Investigation
• o Russia continues to be an important partner, Jaishankar
• • Jet Airways Coming Back With Premium and No Frills Hybrid Model
• o Under new owners, Jet planning proving flight in April: CEO
• • Actis Said to Near Deal for Welspun’s $400 Million Road Assets
• o Private equity firm in advanced talks for Indian portfolio
• • India Farm Goods Exports Reach $50B Helped by Rice, Wheat Sales
• • Bangladesh Wheat Imports to Rise; India to Plug Ukraine Gap: FAS
• • Invesco Seeks to Sell 7.8% Stake in Zee; Supports Deal With Sony
• • Global Funds Sell Net INR22.8B of India Stocks Wednesday: NSE
• o Domestic funds buy net 6.23b rupees of stocks
• • Foreign Investors Buy Net INR34.9B of Indian Equities on Tuesday
• • Foreigners Sell Net INR41.5B Indian Equity Derivatives Wednesday
• • Budget Session likely to adjourn sine die on Thursday: PTI
• • Rajnath to release third positive indigenisation list Thursday: PTI
• • Steel ministry asks Odisha to allot iron ore mine to RINL: PTI
• • India Govt Working on Launching IRCTC Offer-for- Sale Soon: CNBC
• • Union Bank plans to invest INR10b in technology over 2-yrs: PTI
• o INR500b loans to be transferred to bad bank April-end: MD
• • Godrej Consumer (GCPL): Sees Early Double-Digit Sales Growth for FY23
• • HDFC Bank (HDFCB): To Consider Up to INR500b Via Bonds on April 16
• • IDFC (IDFC): To Sell AMC Business to Bandhan-Led Group for 45B Rupees
• • KNR Constructions (KNRC): Says Achieves Financial Closure for Chittor-Thatchur Highway Project
• • Motherson Sumi (MSS): Completes Acquisition of 55% Stake in CIM Tools
• • Rama Steel Tubes (Rastl): 4Q Sales Volume Up 50% Y/y to 35,872 Tons
• • Titan Co (TTAN): 4Q parent Revenue Down 3% Y/y; Added 105 Stores
• • Union Bank of India (UNBK): Says executed an agreement for sale of its 8% stake in India SME Asset Reconstruction Co in favour of Dhansamridhi Finance Pvt
• • Zee Entertainment (Z): Invesco to Sell 7.8% Stake in Zee Via Bookbuild Transaction, to Hold 11% Stake in zee after Stake sale