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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September 13, 2022

• India August Inflation Accelerates to 7% on High Food Prices
• India Aug. Consumer Prices Rise 7.00% Y/y, Est. +6.90%
• India July Industrial Production Rises 2.4% Y/y, Est. +4.2%
• India Inflation Basket Needs Urgent Revision, Economists Say
• India E-Auction of 10 Commercial Coal Mines to Start Tuesday
• India May Offer $2.5 Billion Lifeline to Cost-Hit Oil Firms
• Finance, oil mins in advanced talks on LPG compensation
• Google Mulls 10%-20% of Annual Pixel Prod in India: Information
• Depleting Reserves Spell Risks for Emerging Asian Currencies (1)
• India to Launch Third Mission to Moon by July, Space Agency Says
• India Milk and Dairy Products Surplus Seen at 111M Tons by 2046
• Lumpy Skin Disease Kills 67,000 Cattle in India, Swain Says
• India Cumulative Monsoon Rainfall 6% Above Normal as of Sept. 12
• Indian Company Private Bond Sales Rise 141% W/w to INR357.4 Billion
• Emerging Market ETFs Fall for 3rd Week in $2.61 Bln Streak
• Global Funds Buy Net INR20.5B of India Stocks on Monday: NSE
• Domestic funds sell net 8.91b rupees of stocks
• French Foreign Minister to visit India from Sep 13-15: PTI
• Vedanta Picks Gujarat State for India Chips Plant, Reuters Says
• Sony, Zee Offer Merger Concessions to Ease India Watchdog: Rtrs
• Tata group in talks with Bisleri to acquire a stake in the packaged water co.: PTI
• Abrdn Seeks up to $313 Million in HDFC Life Share Sale: Terms o To sell 43m shares at INR564.1 to INR578.55 each
• To sell 43m shares at INR564.1 to INR578.55 each
• Adani Transmission (ADANI): Sayas Reliance Infra’s Arbitration Asks Untenable:
• IRB Infrastructure (IRB): August gross toll collections jump by 35% Y/y to 3.36b rupees, up 5% from July
• New India Assurance (NIACL): Appoints Neerja Kapur as CMD from Sept. 12
• Nippon Life India (NAM): Nippon Life, DWS to Launch Europe- Listed India Govt Bond ETF
• Premier Explosives (PRE): Gets order from overseas entity to supply rocket motors
• Tata Consultancy (TCS): To build operations platform for C&S Wholesale Grocers
• Ujjivan Small Finance Bank (UJJIVANS): QIP opens Monday, Floor price INR21.93/share; To consider QIP price on Sept. 15
• *Krishna Institute of Medical Sciences:* Company has acquired of 51% stake in Spanv Medisearch (Positive)
• *TCS:* Company gets order from C&S Wholesale Grocers Inc to build a new operations platform on Google Cloud (Positive)
• *IRB Infra's:* Aug toll collection rises 35% YoY to Rs 336 cr. (Positive)
• *Rice exporters:* Govt gives relief to rice exporters, clarifies 3 cases where exports will be allowed. (Positive)
• *IRB Infra:* IRB InvIT Fund: IRB InvIT Fund is set to acquire the Vadodara Kim Expressway HAM project in Gujarat (Positive)
• *Paisalo:* Allotted 26,10,000 fully convertible warrants at issue price of Rs. 705 on preferential basis to promoter group. (Positive)
• *Arvind Smart:* Allotment of 15,00,000 equity Shares of face value of Rs. 10.00/sh at a premium of Rs. 92/sh per Equity Share to Kausalya Realserve LLP. (Positive)
• *Gujarat Apollo:* Entered into a Joint Venture Agreement with PFH BV on Sept 12 (Positive)
• *Pidilite:* Partners with 100X.VC to identify strategic investment opportunities. (Positive)
• *ZEEL:* Sony, Zee Offer Merger Concessions to Ease India Watchdog. (Positive)
• *Ujjivan Financial:* Duro India Opportunities Fund Pte Ltd & Duro One Investments Ltd acquired additional 8.55 lakh shares (Positive)
• *Adani Trans:* Adani Group refutes Reliance Infra's additional arbitration claims. (Neutral)
• *Ramkrishna Forgings:* Company to issue up to 46 lk convertible warrants at Rs 205 each on preferential basis to promoters/public category. (Neutral)
• *Coal India:* E-auction of 10 Commercial Coal Mines to Start from today (Neutral)
• *Ujjivan Small Finance Bank:* Bank sets QIP floor price at Rs 21.93 per share. (Neutral)
• *Bajaj Finserv:* Ex-Date for Bonus Issue (1:1) and Stock Split (5:1) (Neutral)
• *HDFC Life:* Abrdn Plc likely to sell 4.3 cr shares (2% equity) of HDFC Life via block deal (Neutral)
• *KIMS:* General Atlantic Singapore sells 22 lakh shares, representing 2.75% stake in Krishna Institute of Medical Sciences (Neutral)
• *NIACL:* Appointment of Chairman cum Managing Director Neerja Kapur wef 12 Sept (Neutral)