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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June 28, 2022

• Ø TTK Prestige acquires 40% stake in Ultrafresh Modular Solutions
• Ø S&P affirms 'BBB-' rating on ICICI Bank on improved asset quality
• Ø TCS eyes non-metro offices to move closer to tech talent
• Ø Pledged shares of Reliance Capital unit can’t be freed: Trustee
• Ø Bajaj Auto board approves up to Rs 2,500 cr share buyback
• Ø Reliance, PremjiInvest, CP Group, Swiggy look to bid for Metro India unit
• Ø Bank of Baroda to raise Rs 5,000 crore via long-term infra bonds
• Ø New duty makes iron ore pellet export unviable, prices to crash by 30%: Report
• Ø Small steelmakers cheer input cost cut as big rivals fret over export duty
• Ø Rice prices jump 10% in just five days on Dhaka duty cuts
• Ø Improving monsoon lifts FMCG companies' hopes of rural consumption
• Ø Finance Minister to release states' ranking for ease of doing business
• Ø NMDC's steel plant sale may fetch enterprise valuation of up to $4 bn
• Ø Airbus close to winning $5.5-bn order from Jet Airways: Report
• Ø Recessions in advanced economies may help cool inflation in India
• Ø Vedanta turns to LIC for Rs 5,000 cr as offshore borrowing gets costlier
• Ø TVS to bet on electric vehicles; to come up with 5-25-kW products
• Ø Indian banks to post larger increase in margins in FY23: Moody's
• Ø Moody's upgrades Tata Steel's outlook to 'positive' from 'stable'
• Ø PVR, Inox get SEBI nod for merger to create India's largest multiplex chain
• Ø India now the fourth largest gold recycling country: World Gold Council
• Ø Zomato's Blinkit acquisition may delay its road to profitability: Analysts
• Ø HDFC Life urges Irdai to allow life insurers sell other financial products
• Ø Credit card spends bounce back in May
• Ø MSME can generate more profits from e-commerce, says MoS Verma
• Ø FPIs’ exodus continues; pull out Rs 46,000 cr from Indian equities in June so far
• Ø Sebi gives UPI payment option to invest in public issues of REITs, InvITs
• Ø Delhivery doubles down on D2C sector with same-day delivery service
• Ø Bank stocks attractive, says HDFC MF’s Prashant Jain; finds D-Street valuations reasonable now
• Ø AMFI nod to MFs to resume subscription to overseas funds
• Ø RBI extends card tokenisation deadline by 3 months till September