Top Things To Know Today Morning:

1. The Indian stock market is expected to open gap-down following weak global cues.
2. Oil edges higher after U.S. crude, fuel stockpiles draw down.
3. SEBI gives more time to trustees to appoint dedicated officer.
4. Fed policymakers vow to keep interest rates near zero, call for more fiscal help.
5. RBI discussion paper suggests 'sticky' food prices may be key to deciding policy rates.
6. BSE to launch auto cancellation feature to prevent trade reversals in exclusive stocks.

Stock Specific News:

1. HDFC seeks to raise Rs 5,000 crore via private placement of bonds.
2. Dr Reddy’s Laboratories has received USFDA's nod for Cinacalcet Hydrochloride.
3. Zydus Wellness has launched QIP with a floor price of Rs 1,775.85 per share.
4. Future Consumer's 36.6 lakh pledged equity shares have been invoked.
5. IRCON International has secured work orders valuing over Rs 400 crore from the Ministry of Railways.
6. IIFL Securities has increased its stake in Trendlyne to 20.55 percent.
7. Datamatics Global Services has announced the expansion of its distribution agreement with Ingram Micro.
8. Tata Sons bought shares of Tata Chemicals and Tata Motors DVR through open market transactions.
9. Angel Broking IPO was subscribed 1.46 times on the second day of bidding.

Top Things To Know Today Morning:

1. The Indian market is likely to open on a flat note.
2. Oil falls after surprise rise in U.S. crude inventories.
3. Japan factory activity struggles to recover as output falls.
4. Shapoorji Pallonji Group calls separation from Tatas ‘necessary’.
5. India's current account to register temporary surplus of $30 billion in FY21: ICRA
6. MF investors to get units only when schemes receive the funds.
7. Serum Institute of India begins manufacture of Codagenix's nasal COVID-19 vaccine candidate.
8. U.K. Prime Minister Boris Johnson announced new restructions that are likely to last six months.

Stock Specific News:

1. CAMS IPO was subscribed 1.93 times, while Chemcon Speciality Chemicals IPO was subscribed 12.65 times on the second day of the bidding process.
2. Angel Broking IPO: Issue subscribed 77% on Day 1.
3. Indian Oil Corporation board has approved the implementation of the Petrochemical and Lube Integration Project at IOC's Gujarat Refinery.
4. ICRA has assigned a "stable" outlook on the bank facilities and NCDs of Jindal Steel and Power.
5. The QIP of Central Bank of India has opened with the floor price set at Rs 16.18 per share.
6. SEBI has imposed a penalty of Rs 1 crore on ICRA and CARE Ratings each in the IL&FS debt rating case.
7. Tata Power has signed a power purchase agreement with Apollo Gleneagles Hospitals, Kolkata to commission a solar carport in the city.
8. MCX exchange has announced the formal launch of its base metal futures indices called MCX iComdex Base Metals Index Futures from October 19.

Top Things To Know Today Morning:

1. The Indian stock market is expected to open flat-to-positive.
2. Oil prices plunged more than 4 percent on Monday.
3. Government hikes MSPs for all mandated Rabi crops.
4. India government bonds miss out on JP Morgan index inclusion.
5. SEBI revises guidelines for writing off securities by FPIs.
6. SEBI puts in place framework to handle near zero, negative prices in commodity futures.
7. Indian steelmakers turn net exporters to China in April-August: CRISIL
8. US FinCEN names 26 Indian banks partaking in dubious transactions: Report
9. SBI outlines rules for restructuring corporate loans

Stock Specific News:

1. State Bank of India board has approved allotment of debentures worth Rs 7,000 crore.
2. Jindal Steel & Power has clarified on reports of certain transactions undertaken between 2014-16.
3. ICRA has reaffirmed long-term credit rating for Ramco Cements at AA+/Stable.
4. CEAT board will consider raising funds via NCDs on September 25.
5. Shree Renuka Sugars has approved the allotment of 21.16 crore equity shares at Rs 8.74 per share.
6. HSIL has approved buyback of up to Rs 70 crore worth of shares at Rs 105 per share.
7. Aarti Drugs has set the record date for the bonus issue on October 1.
8. CARE Ratings has reaffirmed the Phillips Carbon Black's long-term credit rating at AA-/Stable.

Top Things To Know Today Morning:

1. The Indian stock market is expected to open lower.
2. Oil prices slip on potential Libyan oil return.
3. Rajya Sabha passes amendment in Insolvency and Bankruptcy Code.
4. RBI on possible pile-up in NPAs.
5. India Inc's business sentiment recovers in July-September.
6. 5% import duty on open cell used in TV manufacturing from October 1.
7. PSBs report frauds worth over Rs 19,964 crore in the first quarter of FY21.
8. Stricter surveillance measures to tackle market volatility to be in force until October 29.
9. 21 states accept Rs 97,000 crore borrowing proposal to meet GST shortfall.
10. India's forex reserves down by $353 million to $541.66 billion.

Stock Specific News:

1. Route Mobile to list on the bourses today.
2. CAMS and Chemcon Speciality Chemicals Ltd will open for subscription today.
3. RITES board approves share buyback at Rs 265 per share.
4. IRCTC is set to start 20 pairs of clone special trains from today on specific routes.
5. National Housing Bank imposes a penalty of Rs 20,000 on Reliance Home Finance.
6. Future Enterprises defaulted in payment of commercial papers worth Rs 90 crore.
7. MRPL shareholders give nod to raise Rs 5,000 crore through NCDs.
8. South Indian Bank reduces base rate by 10 basis points to 9.75%..
9. HCL Technologies has announced intent to acquire leading Australian I.T. solutions company DWS Ltd.

Top Things To Know Today Morning:

1. The Indian stock market is expected to open flat
2. Brent oil futures extended their gains to trade up 2.3 percent at $43.21 a barrel
3. RBI announces OMO purchase of government securities worth Rs 10,000 crore
4. Directorate General of Trade on anti-dumping duty
5. Bank of England eyes negative interest rates
6. Japan's August consumer prices fall at fastest pace in four years
7. Gold falls after US Fed dampens hopes for more stimulus
8. SEBI says same-day NAV can be availed only after funds realised
9. SBI ATM cash withdrawal new rules from today

Stock Specific News:

1. The government has permitted FDI of up to 74 percent under automatic route in the defence sector.
2. Vodafone Idea has told the telecom regulator that it is dropping the contentious faster data speed claim as part of priority offering and is in the process of filing a revised plan.
3. Vedanta Resources has approached the market regulator Sebi for necessary approvals to start the reverse book building process for the delisting of Vedanta Ltd.
4. Dr Reddy's Laboratories has settled patent litigation for Revlimid with Celgene, a Bristol Myers Squibb Company, which allowed the company to sell Lenalidomide in the US post March 2022.
5. Hindustan Zinc has proposed to raise up to Rs 4,000 crore via debentures.
6. Sterling and Wilson Solar has received an order worth Rs 460 crore in Chile.
7. EIH has set rights share issue price at Rs 65 per share. Shareholders will receive eight rights shares for every 85 shares held.

Top Things To Know Today Morning:

1. The Indian stock market is expected to open in the red following weak global cues
2. Oil up more than 4% as U.S. stockpiles fall, hurricane hits output
3. Fed touts economic recovery, vows to keep interest rates low
4. Indian airlines seek $1.5 billion interest-free credit line from government
5. US retail sales see modest gain, auto sales sluggish
6. Asset under management of ETFs tracking Nifty crosses Rs 1 lakh crore

Stock Specific News:

1. Happiest Minds Technologies to list on exchanges today.
2. HCL Technologies and Google Cloud expanded partnership to deliver accelerated business intelligence platform.
3. ICICI Bank board has approved a proposal to resume seeking approval from the RBI for the appointment of Sandeep Batra as its whole-time director for five years.
4. SpiceJet has launched 14 cargo flights to Northeast India.
5. Bandhan Bank has created a new vertical called Emerging Entrepreneurs Business (EEB) to focus on small businesses and has appointed Kumar Ashish as Executive President and Head of the department.
6. Tata Teleservices (Maharashtra) shareholders have approved raising of up to Rs 5,000 crore by issuing preferential shares to parent firm and non-convertible debentures on a private placement basis.
7. CAMS, Chemcon Specialty Chemicals IPOs to hit market on September 21.

Top Things To Know Today:

1. The Indian stock market is expected to open flat following mixed Asian cues.
2. Oil gains as hurricane shuts U.S. output, stockpiles fall.
3. Penalty on non-collection of margins to resume today.
4. No insolvency proceeding for Covid-related default, Sitharaman places Bill in Rajya Sabha.
5. LTCG exemption, lower tax for domestic investors to boost startup ecosystem.
6. RBI issues draft rupee interest rate derivatives.
7. India's August exports fall 12.66%, imports contract 26%; trade deficit narrows to $6.77 billion
8. Multiplex association appeals to govt to reopen cinemas.

Stock Specific News:

1. US-based Essential Utilities has selected Infosys as a strategic partner to drive its digital transformation.
2. Bharti Airtel has partnered with Sterlite Technologies to build a modern optical fibre network for Airtel across 10 telecom circles.
3. Lakshmi Vilas Bank has completed mutual due diligence on merger with Clix Capital Deal and both the parties are in discussions on the next steps.
4. SpiceJet has reported a loss of Rs 600.5 crore in Q1FY21 as against a profit of Rs 262.8 crore, YoY.
5. REC will infuse Rs 150 crore as equity in a Joint Venture along with PFC, PGC and NTPC.
6. Reliance Industries market capitalisation now bigger than all PSUs put together.

Top Things To Know Today:

1. The Indian stock market is expected to open on a cautious note following global cues
2. Oil prices slipped slightly on Monday amid concerns
3. The Rupee recovered 6 paise to end 73.47 against the US dollar
4. Bank credit grows by 5.49%, deposits by 10.92%
5. India's retail inflation stood at 6.69% in August
6. EPF withdrawals during lockdown at nearly Rs 40,000 crore
7. Government has sought the Parliament's nod for additional cash expenditure of Rs 1.67 lakh crore

Stock Specific News:

1. ICIC Bank has got an exemption from paring stake in its life and non-life subsidiaries to 30 percent for a period of three years.
2. Indiabulls Housing Finance board has approved the closure of QIP issue and approved the issue price at Rs 196.37 per share.
3. SAIL reported a loss of Rs 1,226.5 crore in Q1FY21 as against a profit of Rs 102.7 crore.
4. Central Bank of India has reduced its marginal cost of funds-based lending rates (MCLR) by 5 bps across all tenors.
5. Mindspace Business Parks REIT will raise up to Rs 500 crore via NCDs.
6. PVR has reported a net loss of Rs 225.6 crore in Q1FY21 as against a profit of Rs 17.6 crore, YoY.

Top Things To Know Today:

1. Indian stock market is expected to open in the green.
2. Oil mixed as storm threatens US gulf production.
3. India's industrial output for July contracts 10.4%.
4. Sebi says mutual funds can merge multi-cap schemes, or re-position under different category.
5. FPIs turn net sellers in September, pull out Rs 2,038 crore so far.
6. RBI remains net purchaser of US dollar in July, buys $15.973 billion.
7. 42nd GST Council Meeting Likely To Be Postponed.
8. Industrial Production Shrinks.

Stock Specific News:

1. Bharti Airtel: Moody's has revised outlook to stable from negative.
2. Deepak Fertilisers & Petrochemicals: Sets rights issue price at Rs 133 per share.
3. Tata Motors: JLR sales are down 15.5% in August at 28,887 units. For Q1FY21, sales fell 42.4% to 74,067 units.
4. Adani Green Energy: Deal to buy Essel's solar assets is in its final stages and the company is seeking $1.8 billion to build projects.
5. Adani Enterprises: Adani Land Defence Systems & Technologies has acquired 51% stake in PLR Systems from Fouraces Systems.
6. TTK Prestige: The company has launched a new category of steel casseroles and will be initially launched in North Indian markets.

Top Things To Know Today:

1. Indian equity market is expected to open in the red.
2. India, China foreign ministers agree to quickly disengage border troops.
3. IMF: India needs fresh fiscal stimulus to tide over COVID-19 crisis.
4. US weekly jobless claims stuck at higher levels.
5. India rice prices hit an 18-month peak as coronavirus strains export logistics.

Stock specific news:

1. Yes Bank says no merger plans with SBI, repays entire Rs 50,000 crore to RBI.
2. The Rs 600-crore IPO of Route Mobile was subscribed more than 4x on Thursday, a day before its close.
3. Suzuki Motor Corporation has increased its stake in Indian subsidiary Maruti Suzuki to 56.37 per cent by purchasing 2.84 lakh equity shares from the market.
4. Info Edge is set to trade actively in today's session after Zomato's CEO said the firm was planning an IPO by the middle of the next year.