Rise With India Podcast by ET NOW

Here’s what we’re tracking on the Rise With India podcast this morning.

The Sanjiv Goenka-led RP-SG Group and PE firm CVC Capital won the two Indian Premier League franchises on offer with record bids.

Railways could operate Mumbai local train services at pre-pandemic level from Thursday.

Tesla has breached a trillion dollars in market capitalization, becoming the fifth U.S. company to join the club.

While the undertone of correction continued on Monday, but markets also showed signs of some stability.

Tech Mahindra reported a strong set of numbers in the second quarter of FY22, as growth was driven by adoption of 5G, cloud and digital transformation. CEO and MD CP Gurnani said this is one of the best quarters in a decade for Tech Mahindra.

Here's what we're tracking on the RWI podcast.

A new Delta ‘Plus’ variant of the coronavirus, which is said to be driving a surge in Covid-19 cases in the UK, has shown up in India.

The World Health Organization’s technical advisory group will meet tomorrow to decide on granting emergency use listing (EUL) to Bharat Biotech’s Covid-19 vaccine Covaxin.

The ongoing quarterly earnings will be the major factor driving market trends going ahead, and benchmark indices may face volatility this week. Foreign portfolio investors have turned net sellers in India by pulling out Rs 3,825 crore in October so far.

Watch out for earnings reaction to ICICI Bank, RIL among others. 

Here’s what we’re tracking on the Rise With India podcast this morning.

S&P 500 ends higher for the seventh straight day. Data showed jobless claims fell to a new pandemic low last week.

Nifty and Sensex fell for a third day in a row, as concerns over valuations and inflation weigh. DIIs have sold shares worth about ₹ 9,000 crore in the last nine trading sessions.

Rising oil prices have dented the performance of India’s top paints company. Input cost inflation hurt Asian Paints’ profits during the quarter to September.

Zee Entertainment told the Bombay High Court that its board would follow the advice to consider the demand of Invesco, to convene an extraordinary general meeting.

Reliance Industries is likely to report a strong performance for the quarter, helped by a low base a year ago and revival in the oil-to-chemical operations.

Nykaa is looking to launch its public issue on October 28, according to news reports.

Today could most likely mark the momentous day when we clock a billion vaccine doses. Here’s what else in lined up on the Rise With India Podcast.

India is set to cross the milestone of one billion Covid-19 vaccine doses today, just over nine months after the government initiated the mammoth immunisation drive.

Cracks in the mid- and small-cap rally are beginning to surface. In past two sessions, these Indices have fallen as much as 5%, raising concerns that the momentum could see a reversal.

According to the latest Beige Book survey, the U.S. economic growth slowed to a modest to moderate rate, as companies dealt with supply-chain disruptions, high prices, a shortage of workers and the Delta scare.

Here’s what we’re tracking in the ET Now Rise With India podcast this Wednesday morning.

Former Punjab chief minister Captain Amarinder Singh finally spelt out his next political move, announcing he would form his own political party.

FMCG growth rate in rural markets, which had been on the rise over the past few quarters, has moderated while it is picking up in urban areas.

The crypto universe celebrated a landmark moment as the first-ever exchange-traded fund of Bitcoin started trading on the New York Stock Exchange.

Sensex and Nifty ended with modest losses after a seven-session winning streak, as investors opted to pocket some gains at record levels.

Moody's has raised the outlook for Indian banking to 'stable' from 'negative'.

Here's the the morning news recap on the ET Now Rise with India podcast.

The telecom department has given Vodafone Idea, Bharti Airtel and Reliance Jio time till October 29th to decide whether they would opt for a four-year payment moratorium, which runs through FY26.

Apple has launched two new MacBook Pro models, powered by in-house Apple Silicon chips as well as a new generation of its AirPods wireless earbuds, and a $5-per-month music subscription service.

The US Food and Drug Administration could soon allow people to receive booster shots that are different from their first Covid-19 vaccine doses.

The NCLT has allowed creditors and shareholders of Reliance Retail to hold meetings to seek approval for proposed Rs 24,700 crore deal with the Future Group.

This morning, on the Rise With India podcast, the Street could take cues from quarterly earnings and a strong US handover. Here’s what’s on our radar. 

Petrol and diesel price on Sunday was hiked again by 35 paise a litre.

India’s four biggest IT firms — TCS, Infosys, Wipro and HCL — have seen their combined employee strength rise by over 1 lakh in the first six months of the fiscal year.

India is poised cross the landmark of 100-crore Covid-19 vaccine doses next week. The vaccines administered suggest about 70 per cent of the population getting at least one dose and about 30 per cent of the population has got two doses.

Evergrande Group’s CEO is holding talks with investment banks and creditors over a possible restructuring and asset sales.

Quarterly earnings and global cues will be the major sentiment driver for the equity market this week. Street will watch out for reactions to HDFC Bank and DMart numbers.

Rising oil prices and a looming coal shortage in the middle of our economic recovery continues to cast long shadows. Today, on the Rise With India podcast, here’s what we’re tracking.

Prime Minister’s Office will review coal positions at thermal power stations amid worries over shortages. 

U.S. crude prices rose past $80 a barrel - ending above the mark for the first time since late in 2014.

Back home, Nifty was unable to sustain the gains after hitting the 18,000 mark.

Aditya Birla Group chairman Kumar Mangalam Birla is considering infusing some of his own capital into Vodafone Idea, according to a report in The Economic Times.

Future Group and Amazon are likely to start negotiations for a possible out-of-court settlement of a year-long legal standoff over the proposed sale of Future Group assets to Reliance Retail.

Good morning, This Monday, we're gearing up to digest the renewable shopping spree by Reliance and how the street will respond to TCS numbers.

Reliance Industries has announced two back-to-back acquisitions in renewable energy space.

TCS has posted a double-digit increase in profit and revenue during the second quarter, with business growing across verticals and geographies. Big week for Tech Earnings - Infosys Wipro and HCL Tech will also report numbers.

Tata Sons is setting up a short-term advisory team ahead of its takeover of Air India.

Delhi and Andhra governments send SOS over fuel supply, Govt reassures no crisis in power.

Good morning, here’s what we are tracking on the ET Now Rise With India podcast.

UK blinks as it rolls back its mandatory quarantine for Indians coming in.

US reaches a deal to avert Govt shutdown, for now, and the Wall Street is kicked about it

TPG talking to Tatas to invest $1 billion in the EV division of Tata Motors

NCLAT gives Zee more time to file response in the Invesco case

TCS kicks off earnings season today, and markets will digest the MPC fineprint this morning.

And DIIs continue to be net buyers in the stock markets, with Nifty Realty clocking its highest level in a decade.