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The Tata bid is about ₹3,000 crore higher than the reserve price set by the government and about ₹5,000 crore more than the bid by Singh, said the people cited above. Government sources have declined to comment on reports that have put the reserve price at ₹15,000-20,000 crore. from Stocks-Markets-Economic Times https://ift.tt/3onoshF via Urmarketspy

India’s current account comprising the net of India's export of goods and services recorded a surplus of $ 6.5 billion or 0.9 per cent of GDP in Apeil-June'21 quarter as against a surplus of $ 19.1 billion or 3.7 per cent of GDP a year ago, according to the preliminary numbers released by the Reserve Bank of India. from Stocks-Markets-Economic Times https://ift.tt/3B5i1n6 via Urmarketspy

“T S Global Holdings (TSGH), an indirect subsidiary of Tata Steel has entered into a definitive agreement with TopTip Holding Pte Ltd for the s NatSteel Holdings,” the company said in a BSE filing on Thursday. from Stocks-Markets-Economic Times https://ift.tt/39VJWJW via Urmarketspy

The IIFL Wealth Hurun India Rich List 2021, released on Thursday, showed as many as nine individuals on the list sourced their wealth from Alkem Laboratories. The number was eight for Asian Paints and seven for Pidilite Industries. from Stocks-Markets-Economic Times https://ift.tt/3kTMDlL via Urmarketspy

Nakul Aggarwal and Ritesh Arora, founders of the startup BrowserStack, had wealth at Rs 12,400 crore each as per the list, making them the richest new entrants to the list. from Stocks-Markets-Economic Times https://ift.tt/39O350q via Urmarketspy

Byju Raveendran & family’s wealth stood at Rs 24,300 crore, according to the IIFL Wealth Hurun India Rich List 2021. from Stocks-Markets-Economic Times https://ift.tt/3AUqJEo via Urmarketspy

Stubble-burning is an unintended consequence of the technology developed for the Green Revolution. Some estimates say farmers in northern India burn about 23 million tonnes of paddy stubble every year  from Moneycontrol Latest News https://www.moneycontrol.com/news/politics/stubble-burning-|-howgreen-revolution-has-left-behind-grey-skies_15583101.html via Urmarketspy

Stubble-burning is an unintended consequence of the technology developed for the Green Revolution. Some estimates say farmers in northern India burn about 23 million tonnes of paddy stubble every year  from Moneycontrol Latest News https://www.moneycontrol.com/news/politics/stubble-burning-|-howgreen-revolution-has-left-behind-grey-skies_15583081.html via Urmarketspy

Stubble-burning is an unintended consequence of the technology developed for the Green Revolution. Some estimates say farmers in northern India burn about 23 million tonnes of paddy stubble every year  from Moneycontrol Latest News https://www.moneycontrol.com/news/politics/stubble-burning-|-howgreen-revolution-has-left-behind-grey-skies_15583061.html via Urmarketspy

Stocks from the sector have seen a break-neck rally throughout this past year, aided by heavy buying from institutional and retail investors. The sector is steadily becoming the third biggest export story from India, following on the footsteps of the software and pharmaceutical industry. from Stocks-Markets-Economic Times https://ift.tt/2ZJomXr via Urmarketspy

Since listing, the share price of Prince Pipes and Fittings has increased 293 per cent, or nearly four times, so has the promoter wealth. The family’s personal wealth stood at Rs 5,500 crore. from Stocks-Markets-Economic Times https://ift.tt/3AXdCCm via Urmarketspy

Jubilant Ingrevia Ltd. key Products/Revenue Segments include Other Operating Revenue and Sale of services for the year ending 31-Mar-2021. from Stocks-Markets-Economic Times https://ift.tt/39PfHUW via Urmarketspy

This is the first time that both Gautam Adani and his Dubai-based brother Vinod Shantilal Adani have broken into the top 10 of the IIFL Wealth Hurun India Rich List, 2021, which showed Adani climbed two spots to the No 2 spot. from Stocks-Markets-Economic Times https://ift.tt/3uwYYiT via Urmarketspy

Foreign Portfolio Investors(FPIs) are stepping up opposition against market regulator the Securities and Exchange Board of India’s(Sebi’s) plan to introduce a shorter settlement cycle. Three FPI lobby groups -- the Asian Securities Industry and Financial Markets Association (ASIFMA), Traders Forum Asia and the UK-based Investment Association – have sent a joint letter to Sebi chairman Ajay Tyagi alleging that they were not consulted on the new rules. from Stocks-Markets-Economic Times https://ift.tt/2ZL0CSM via Urmarketspy

While State Bank of India (SBI) and Union Bank of India picked up 13.27 per cent stake each, representing a cumulative 3.88 crore shares in the National Asset Reconstruction Company Ltd (NARCL), PNB subscribed to 12.06 per cent stake (1,80,00,000 shares). from Stocks-Markets-Economic Times https://ift.tt/3kVFdyk via Urmarketspy

The shareholders rejected the proposal of appointment of statutory auditors P B Vijayaraghavan & Co, Chartered Accountants, Chennai with 65.44 per cent votes cast against the ordinary resolution, Dhanlaxmi Bank said in a regulatory filing, disclosing the scrutiniser's report of the postal ballot. from Stocks-Markets-Economic Times https://ift.tt/3F8Lgrx via Urmarketspy

In another transaction, Kotak Mahindra International sold 680,000 shares of Banswara Syntex at Rs. 153.2 apiece through a bulk deal on the NSE. from Stocks-Markets-Economic Times https://ift.tt/2YbEVe0 via Urmarketspy

For the financial year ending March 31, 2021, the investment advisers (IA) are now required to conduct the annual compliance audit by December 31, 2021, and submit the adverse findings of the audit, if any, by January 31, 2022. from Stocks-Markets-Economic Times https://ift.tt/3zRrTzn via Urmarketspy

The intraday trading setup suggests that 17,700 could act as a strong resistance level, and below the same, the correction could continue up to 17,500-17,450 levels, says Shrikant Chouhan of Kotak Securities. from Moneycontrol Latest News https://ift.tt/3ASs1zP via Urmarketspy

The private sector lender will use the proceeds from the issue for banking activities. from Moneycontrol Latest News https://ift.tt/3omeYTZ via Urmarketspy

The project will come up in public-private partnership (PPP) and will be located in Sector 21 of the Yamuna Expressway Industrial Development Authority (YEIDA). from Moneycontrol Latest News https://ift.tt/3kTVhjZ via Urmarketspy

The state has 2,45,427 people in home quarantine and another 1,423 in institutional quarantine, according to the official. from Moneycontrol Latest News https://ift.tt/3AZHi1E via Urmarketspy

While the bilateral trade in goods and services has seen significant growth in the last 10 years, "I do believe that the potential has not even been started," Piyush Goyal added. from Moneycontrol Latest News https://ift.tt/3F3rhub via Urmarketspy

Prabhudas Lilladher is bullish on Bharat Electronics has recommended buy rating on the stock with a target price of Rs 245 in its research report dated September 28, 2021. from Moneycontrol Latest News https://ift.tt/3kT6ph0 via Urmarketspy

Trends on SGX Nifty indicate a negative opening for the index in India with a 47-points loss. from Moneycontrol Latest News https://ift.tt/2WnSvKs via Urmarketspy

The SP 500 index and the Dow Jones Industrial Average advanced, but the Nasdaq Composite closed lower as Treasury yields halted their ascent. from Moneycontrol Latest News https://ift.tt/2Y0MC6q via Urmarketspy

CD Equisearch recommended reduce rating on Aarti Industries with a target price of Rs 765 in its research report dated July 28, 2021. from Moneycontrol Latest News https://ift.tt/3APO4al via Urmarketspy

The government said the capital infusion and planned IPO will increase ECGC's underwriting capacity up to ₹88,000 crore and facilitate additional exports of ₹5.28 lakh crore over a five-year period. from Stocks-Markets-Economic Times https://ift.tt/2ZKKBMD via Urmarketspy

The California State Teachers' Retirement System (CalSTRS), a shareholder of Reliance, had last week decided to vote against the induction of Aramco chairman based on US proxy advisory research firm Glass Lewis' recommendation. from Stocks-Markets-Economic Times https://ift.tt/3okQzxO via Urmarketspy

“I have requested the Axis Bank board to be redeemed from the executive position at the bank, but I will continue to be associated with the bank in various other capacity, like I will continue to be on the board of Axis Bank foundation and a few other bank subsidiaries including Max board,” Rajesh Dahiya, ED, Axis Bank told ET. from Stocks-Markets-Economic Times https://ift.tt/2ZKEsA3 via Urmarketspy

Speaking at the telco’s 26th Annual General Meeting (AGM) on Wednesday, Kapania added that recently announced reforms will help preserve a healthy market structure of three private players - Reliance Jio, Bharti Airtel and Vodafone Idea (Vi). from Stocks-Markets-Economic Times https://ift.tt/3D1iruX via Urmarketspy

The government has been getting demands from various industry bodies and other stakeholders to extend the scheme to ensure continued support to eligible sectors and businesses. from Stocks-Markets-Economic Times https://ift.tt/3F0bI6F via Urmarketspy

A round-up of the biggest articles from newspapers from Moneycontrol Latest News https://ift.tt/2Y6gUFs via Urmarketspy

A round-up of the biggest articles from newspapers from Moneycontrol Latest News https://ift.tt/3kVv70y via Urmarketspy

The opportunities of synergies with Axis Bank are humongous. says, Prashant Tripathy. Digital, he says, is a big play for Max Life, and currently, the organisation is on a multi-year programme to completely digitise its operations and sales. from Moneycontrol Latest News https://ift.tt/3olkmqq via Urmarketspy

Stocks In the News: Check out the companies making the biggest headlines before the opening bell. from Moneycontrol Latest News https://ift.tt/39OKHV4 via Urmarketspy

As Nifty is still trading within the rising channel pattern, the bullish trend is most likely to continue, going ahead, says Rohan Patil of Bonanza Portfolio. from Moneycontrol Latest News https://www.moneycontrol.com/news/technicals/hot-stocks-|-here39syou-should-buy-sun-pharmadixon-techsell-britannia-futures_15580081.html via Urmarketspy

Piramal Enterprises (PEL) has completed the acquisition of Dewan Housing Finance (DHFL) by paying Rs 34,250 crore to creditors of the troubled housing finance company. from Stocks-Markets-Economic Times https://ift.tt/3CSwO4O via Urmarketspy

HDFC Bank added more than 4 lakh credit cards in a month, after the Reserve Bank of India lifted curbs on issuing cards last month on August 17. The bank is now aiming to add 5 lakh credit cards every month. The bank has a total card network of more than 1.5 crores. from Stocks-Markets-Economic Times https://ift.tt/2Y2zjlP via Urmarketspy

The company has declared an interim dividend of Rs 1,372.19 crore which works out to 31.07 per cent of profit after tax (PAT) for the financial year 2020-21. from Stocks-Markets-Economic Times https://ift.tt/3umOwdR via Urmarketspy

According to bulk deal data available with the National Stock Exchange (NSE), Kayak Investments, an affiliate of private equity major KKR, offloaded 8.44 crore shares of Max Healthcare. from Stocks-Markets-Economic Times https://ift.tt/3ifbyyb via Urmarketspy

"We wish to inform that the bank had yesterday, i.e., September 28, 2021, pursuant to invocation of pledge of shares, acquired 50,00,000 equity shares of McLeod Russel India Ltd," IndusInd Bank said in a regulatory filing. from Stocks-Markets-Economic Times https://ift.tt/2WmUDCc via Urmarketspy

It will act as a signatory to PRI’s “ESG in Credit Risk and Ratings Statement”. Fitch, Moody’s, S&P Global, Kroll Bond are among others, which are existing signatories in the gauge. from Stocks-Markets-Economic Times https://ift.tt/39VwLbT via Urmarketspy

Standard Life, which held a 21.23 per cent stake in HDFC AMC, sold 5 per cent of total equity at Rs 2873.79 per share on BSE to raise Rs 3,061 crore. from Stocks-Markets-Economic Times https://ift.tt/3F3oEZm via Urmarketspy

Senator Jim Risch, ranking member of the Senate Foreign Relations Committee, also urged India to increase the production of such vaccines so that it can meet its international obligations. from Moneycontrol Latest News https://ift.tt/3ig5Ufu via Urmarketspy

Adityanath said the state government is going to start the "Matribhoomi Yojana", under which locals will be engaged in the construction of village secretariats and community health centres. from Moneycontrol Latest News https://ift.tt/3CPsi78 via Urmarketspy

Adityanath said the state government is going to start the "Matribhoomi Yojana", under which locals will be engaged in the construction of village secretariats and community health centres. from Moneycontrol Latest News https://ift.tt/3m9B35b via Urmarketspy

For Nifty, 17,500-17,450 zone would act as strong support while 17,850-17,950 zone will now be strong resistance, said Shitij Gandhi of SMC Global Securities. from Moneycontrol Latest News https://www.moneycontrol.com/news/stocks-views/hot-stocks-|-39can-betjay-bharat-maruti-lic-housing-financebajaj-auto-for-short-term39_15575641.html via Urmarketspy

The Global FinTech Fest, has been organised by Internet and Mobile Association of India (IAMAI), along with its sister organisations Fintech Convergence Council (FCC), Payments Council of India (PCI), and National Payments Corporation of India (NPCI). from Stocks-Markets-Economic Times https://ift.tt/3kQwAFf via Urmarketspy

Price targets set by JM Financial (Rs 1,095), ICICI Securities (Rs 1,100) and Credit Suisse (Rs 1,150) also suggest meagre return potential for the stock. from Stocks-Markets-Economic Times https://ift.tt/2XXDkZr via Urmarketspy