India Daybook Stocks in News

*IDBI Bank:* Bids invited to appoint an asset valuer for strategic divestment of IDBI Bank. (Positive)

*Biocon:* Company acquires Eywa Pharma’s oral solid dosage manufacturing facility, located in New Jersey, US for $7.7 million. (Positive)

*Hindalco:* Company enters into a Shareholder’s Agreement & Power Purchase Agreement with Seven Renewable Power Private Limited for acquisition of 26% stake in SRPPL. (Positive)

*Lemon Tree Hotels:* Signs a license agreement for an 80 room property in Dehradun, Uttarakhand. (Positive)

*Hero Motocorp:* Total sales at 4.89 lk vs 4.63 lk, up 5.6% (YoY). (Positive)

*Eicher Motors:* Total sales at 77,583 units Vs Nomura’s estimate of 75,000 units (YoY). (Positive)

*VST Tillers:* August sales up 12% at 4,037 units vs 3,602 units (YoY) (Positive)

*Coal India:* August production up 13.2% at 52.3 MT Vs 46.2 MT (YoY) while offtake up 15.3% at 59 MT vs 51.2 MT. (Positive)

*NMDC:* August production up 37.5% at 3.41 mt vs 2.48 mt (YoY), sales up 25% at 3.54 mt vs 2.83 mt (YoY). (Positive)

*ICICI Lombard:* IRDAI Approves ICICI Bank To Increase Shareholding In ICICI Lombard In Multiple Tranches Up To 4.0% (Positive)

*MOIL:* Delivers best August production since inception, registering a growth of 53% YoY (Positive)

*Bajaj Auto:* RBI grants certificate of registration to unit Bajaj Auto Consumer Finance: Agencies. (Positive)

*Reliance Ind:* Reliance Retail in talks with global investors to raise $2.5 bn by Sept 30: Agencies. (Positive)

*Nazara tech:* To Consider fund raising via issue of equity shares/ securities on Preferential Basis (Positive)

*Firstsource Solutions:* Company announces Ritesh Mohan Idnani as MD & CEO (Positive)

*Tata Power:* Company inks a PDA with Chalet Hotels Limited for 6 MW AC Group Captive Project (Positive)

*HP Adhesive:* To Consider Sub-Division/ Splitting of Equity Shares (Current Face Value of Rs 10) (Positive)

*Paras:* Patent Office, Government of India has granted 3 individual patents for the design of the products (Positive)

*Kopran:* MHRA - UK has renewed GMP Compliance Certificate for Company’s two plant. (Positive)

*Maha Seamless:* Company has received orders with cumulative basic value of Rs. 157 crores approx. from Oil India Ltd. and IOCL (Positive)

*GMR Infra:* Arm Receives Letter of Award worth Rs 5123.4 Crores from Purvanchal Vidyut Vitran Nigam In UP (Positive)

*RVNL:* Company bags Letter of Acceptance from Madhya Gujarat Vij Company for order of Rs 282 crore (Positive)

*Deepak Fertilizer:* Signs Two Gas Purchase Agreement With GAIL (Positive)

*Shilpa Med:* Gets Marketing Authorization From MHRA, UK, For Betahistine Dihydrochloride Orodispersible Films, 24 mg (Positive)

*M&M:* IFC to invest Rs 600 crore in tranches in M&M's subsidiary Mahindra Last Mile Mobility by subscribing to compulsorily convertible preference shares. (Positive)

*Infosys:* Completes Acquisition of Danske Bank's IT Centre in India (Neutral)

*Maruti:* August total production up 3.5% at 1.65 lakh units vs 1.59 lakh units (YoY) (Neutral)

*Jet Airways:* ED arrests Jet Airways founder Naresh Goyal in Rs 538-cr alleged bank fraud case (Neutral)

*ONGC:* Company approves capital restructuring of ONGC Petro additions. (Neutral)

*ITC:* Peter Rajatilakan Chittaranjan has stepped down from board (Neutral)

*Ashok Ley:* Total sales at 15,576 units Vs estimate of 15,661 units (YoY). (Neutral)

*Kotak Bank:* Uday Kotak Resigns As Kotak Mahindra Bank MD & CEO, Dipak Gupta takes interim charge (Neutral)

*Venus Pipes:* Arun Axaykumar Kothari Resigns As CFO Of The Co w.e.f. September 1, 2023. (Neutral)

*Oil upstream stocks:* Government cuts windfall tax on crude petroleum, SAED on diesel and ATF increased. (Neutral)

Mkt. Updates:

GIFT Nifty +36 pts (19556) from last trade 19520 ,

Nikkei +70 pts ,
Hangseng +210 pts ,


Dow +115.80 pts ,Nsdq -3.15 pts, S&P
+8.11 pts, Bovespa +2151 pts , Ftse +25 pts , Dax -106 pts , Cac -19 pts , Crude @ $85.55 brl (-0.00), Brent @ $88.55 brl (-0.00) , Gold @ 1967.10 (+0.50), Silver @ $24.452 (-0.00), Euro @ $1.0784, JPY @ $146.089,  INR @ 82.645


*US GOVT. 10-YR YIELD : 4.18%*


*Today's Corporate Action, 04 Sept Ex Date :*

ABIRAFN
Dividend - Rs. - 2.0000
AHLEAST
Dividend - Rs. - 2.5000
BIRLACABLE
Dividend - Rs. - 2.5000
ELECTCAST
Final Dividend - Rs. - 0.9000
GRAVITA
Final Dividend - Rs. - 4.3500
JAICORPLTD
Final Dividend - Rs. - 0.5000
LUDLOWJUT
Dividend - Rs. - 1.5000
MALLCOM
Final Dividend - Rs. - 3.0000
NIRLON
Final Dividend - Rs. - 11.0000
RADIANTCMS
Final Dividend - Rs. - 2.0000
TVSSRICHAK
Final Dividend - Rs. - 32.0500
UNIVCABLES
Final Dividend - Rs. - 3.0000
VINDHYATEL
Final Dividend - Rs. - 15.00000


*Today's Key Results/Board Meetings, 04-Sep-23 :*

AJWAFUN
A.G.M.;General   
ARIHANT
General   
ATAM
A.G.M.;Final Dividend   
AXITA
Employees Stock Option Plan;General  
BALUFORGE
A.G.M.;Issue Of Warrants;Preferential Issue of shares;Genera
lBBREALTY
A.G.M.   
BINDALEXPO
A.G.M.   
BIZOTIC
A.G.M.;Audited Results   
BMBMUMG
Quarterly Results   
CHOTHANI
A.G.M.   
COMMAND
A.G.M.;General   
DECIPHER
A.G.M.;General   
DEKSON
A.G.M.   
DSSLA.G.M.;General   
EMERALL
A.G.M.   
ESARIND
A.G.M.   
FRANKLIN
A.G.M.;General   
GANESHBE
A.G.M.   
GBFL
General   
GLCL
A.G.M.   
GVFILM
A.G.M.   
HARISH
A.G.M.;General   
HPAL
Stock  Split   
INDINFO
A.G.M.   
INLCM
Stock  Split   
INNOVATUS
A.G.M.;General   
JAINMARMO
A.G.M.;General   
JPTRLES
A.G.M.;General   
LADIAMO
A.G.M.;Audited Results   
MACKINNA.G.M.;Audited Results;General  
MHEL
Audited Results   
MISHKA
A.G.M.   
MUL
Preferential Issue of shares   
NAZARA
Preferential Issue of shares   
NVENTURES
A.G.M.;General   
ONELIFECAP
General   
PANCM
Quarterly Results;Audited Results  
PARMCOS-B
A.G.M.   
PITHP
A.G.M.   
PRISMMEDI
A.G.M.;General   
PUNJCOMMU
General   
RAINBOWF
A.G.M.   
RAYALEMA
A.G.M.;Preferential Issue of shares;General 
RGRL
A.G.M.;General   
RPPINFRA
A.G.M.;General   
RRFIN
A.G.M.;General   
SFSL
A.G.M.   
SHARMEH
A.G.M.   
SIROHIA
A.G.M.   
SOMICONV
A.G.M.;General   
SPITZE
A.G.M.;Bonus issue;Increase in Authorised Capital 
STRLGUA
General   
SUDIN
A.G.M.;Preferential Issue of shares  
SURYAINDIA
General   
TARINI
A.G.M.   
TERRAFORM
A.G.M.;Audited Results   
TERRAREAL
A.G.M.;Audited Results   
TRINITYLEA
A.G.M.   
TRITONV
Scheme of Arrangement   
VEEFIN
General   
YATHARTH
General  
 

*SEC IN F&O BAN FOR, 04-Sep-23*

*1. IBULHSGFIN*

Stocks To Watch: BEL, IDBI Bank, ONGC, Coal India, Hero Moto, Eicher, Infosys, Lupin, Hindalco In Focus

Bharat Electronics: The company is in pact with Israel Aerospace Industries to collaborate on short range air defense systems.

IDBI Bank: The Department of Investment and Public Asset Management has invited bids for asset valuers for the bank. The bids are expected to be submitted by Oct. 9. The asset valuer will work closely with transaction adviser and legal adviser. The government is looking to sell 30.48%, while Life Insurance Corp. of India is looking to offload 30.24% of its stake in IDBI Bank, along with the transfer of management control.

ONGC: The board has approved capital restructuring of ONGC Petro additions (OPAL). It includes buyback of convertible debentures of Rs 7,778 crore by ONGC and an investment of Rs 7,000 crore in equity/quasi-equity security of OPaL.

Coal India: The state-run miner's production rose 13.2% year-on-year to 52.3 million tonnes in August 2023. Comparative production for the month surged ahead by 6.1 MTs. Total coal supplies to all consuming sectors shot up by 15.3% to 59 MTs in August 2023. Supplies were up nearly 8 MTs in a single month.

Hero MotoCorp: The company's sales rose 5.4% year-on-year to 4.89 lakh units in August. Domestic sales rose 4.7% to 4.73 lakh units while exports rose 24.7% to 15,770 units.

Eicher Motors: The company's total motorcycle sales rose 11% year-on-year to 77,583 units helped by new launches such as the Hunter 350. Exports was up by 13% to 8,190 units.

Infosys: The IT major completed the acquisition of Danske Bank’s IT centre in India. Danske Bank selected Infosys as a strategic partner to accelerate digital transformation initiatives with speed and scale.

Hindalco Industries: The company has entered into a shareholder’s agreement and power purchase agreement with Seven Renewable Power for acquisition of 26% stake in SRPPL for Rs 32.5 lakh. It plans to develop and operate captive power plant to supply 100 MW round-the-clock renewable energy to its smelter located in Odisha.

C.E. Info system: The company acquired 35,000 CCPS at Rs 2,571 apiece constituting 18.62% on fully diluted basis of Kogo Tech Labs aggregating to around Rs 9 crore. The total shareholding shall become 39.89% on a fully diluted basis.

Tata Power: The company's unit Tata Power Renewable Energy signed a Power Delivery Agreement of group captive project for 6 MW AC with Chalet Hotels. The plant will generate 13.75 million units of clean energy from renewable sources under this arrangement.

Chalet Hotels: The company will acquire a 26% stake in TP Agastaya and set up of a group captive solar power plant in Maharashtra.

Lemon Tree Hotels: The company has signed a License Agreement for an 80-room property in Dehradun, Uttarakhand under the brand “Lemon Tree Premier”. The hotel is expected to be operational by Q3 of FY25.

Delta Corp: The company approved the voluntarily strike off of subsidiary Delta Offshore Developers, Mauritius. The striking off process will be undertaken as per the laws of Mauritius. It also approved the incorporation of Deltin Foundation, along with Highstreet Cruises and Entertainment.

Lupin: The drugmaker completed the acquisition of French pharma firm Medisol, following regulatory approval.

Mahindra & Mahindra: The company entered into an Asset Transfer Agreement and a Business Transfer Agreement with unit Mahindra Last Mile Mobility for transfer of identified assets and business pertaining to the Last Mile Mobility Business to MLMML.

Deepak Fertilisers: The company has signed two gas purchase agreement with GAIL (India) for the next three years with a gas basket consisting of a combination of Brent, HH and domestic linked.

Kotak Mahindra Bank: Uday Kotak resigned as MD and CEO effective Sept. 1, four months ahead of his retirement. Dipak Gupta, joint managing director of the private lender will conduct the duties of MD and CEO, until Dec 31, when a new CEO will be appointed.

Bulk Deals
IDFC First Bank: Cloverdell Investment sold 27.86 crore shares (4.2%) while Goldman Sachs-GQG Partners Intl Opportunities Fund bought 10.77 crore shares (1.63%) and GQG Partners Emerging Markets Equity Fund bought (0.96%) at Rs 89 apiece.
RattanIndia Power: ABARC-AST-002-Trust sold 2.98 crore shares (0.55%) at Rs 7.04 apiece.
Five-Star Business Finance: HDFC Mutual Fund bought 41.2 lakh shares (1.4%) at Rs 730 apiece while TPG ASIA VII SF PTE sold 90.57 lakh shares (3.1%) at Rs 730.62 apiece, Matrix Partners India Investment Holdings II sold 89 lakh shares (3%) at Rs 730.12 apiece and Norwest Venture Partners X - Mauritius sold 75.43 lakh shares (2.6%) at an average price of Rs 730.03 apiece.

STOCK LENDING OFFERS AT NSE @ALLIESFIN

*INSTL. INVESTORS EQUITY DERIVAT. TRADES AS ON : 04-09-2023 :*

*FIIS F & O : RS. CRS. :*

*TOTAL NET BUY : +4188* 😃

*INDEX FUT. : +149*

*INDEX OPT. : +3920*

*STOCK FUT. : +738*

*STOCK OPT. : -619*

*SEC. IN F&O BAN FOR, 05-Sep-23 :*

*1. BALRAMCHIN 2. BHEL 3. HINDCOPPER 4. IBULHSGFIN 5. INDIACEM*

*ADDITION : BALRAMCHIN, BHEL, HINDCOPPER, INDIACEM*
*DELETION : NIL*

*INSTL. INVEST. EQUITY CASH PROV. TRADES AS ON : 04-SEP-2023 :*

*FIIS : SELL -3,368 (6,833-10,201)* 😥

*DIIS : BUY +2,563 (10,461-7,898)* 😃

*BSE SENSEX : +241 (65,628)🔼*

*NSE NIFTY : +93 (19,528)*🔼

*BSE MIDCAP. : +301 (31,736)*🔼

*BSE SMLCAP. : +314 (37,734)*🔼

*B. CRUDE : $ 89.00* 🔼 ☺️

*GOLD: $1939=INR 59,430(10gr)* ↔️ 😳

*SILVER : RS. 77,200 (kg) (5pm)* 🔽 😩

*FOREX : RS. $ 82.74 🔼 🙂*

*7.26% GOI '33 : 7.2054%(100.36)🔼😩*

*7.18% NEW '33 : 7.1691%(100.07)🔼😩*

*7.18% GOI '37 : 7.2747% (99.17)🔼😩*

Team BHARAT 🇮🇳

Instant settlement of Indian stock market trades to come in by October 2024

https://economictimes.indiatimes.com/markets/stocks/news/instant-settlement-of-indian-stock-market-trades-to-come-in-by-oct-2024/articleshow/103397319.cms

*INSTL. INVESTORS EQUITY DERIVAT. TRADES AS ON : 05-09-2023 :*

*FIIS F & O : RS. CRS. :*

*TOTAL NET BUY : +1330* 😃

*INDEX FUT. : +269*

*INDEX OPT. : +3228*

*STOCK FUT. : -1866*

*STOCK OPT. : -300*

*SEC. IN F&O BAN FOR, 06-Sep-23 :*

*1. BALRAMCHIN 2. BHEL 3. HINDCOPPER 4. IBULHSGFIN 5. INDIACEM 6. DELTACORP*

*ADDITION : DELTACORP*
*DELETION : NIL*

*INSTL. INVEST. EQUITY CASH PROV. TRADES AS ON : 05-SEP-2023 :*

*FIIS : SELL -1,725 (8,414-10,139)* 😥

*DIIS : BUY +1,077 (8,580-7,503)* 😊

*BSE SENSEX : +152 (65,780)🔼*

*NSE NIFTY : +46 (19,574)*🔼

*BSE MIDCAP. : +346 (32,082)*🔼

*BSE SMLCAP. : +230 (37,964)*🔼

*B. CRUDE : $ 90.23* 🔼 😩

*GOLD: $1928=INR 59,430(10gr)* ↔️ 😳

*SILVER : RS. 75,500 (kg) (5pm)* 🔽 😥

*FOREX : RS. $ 83.04 🔽 😩*

*7.26% GOI '33 : 7.2068%(100.35)↔️☺️*

*7.18% NEW '33 : 7.1762%(100.02)🔼☺️*

*7.18% GOI '37 : 7.2726% (99.1875)↔️😳*

*SEBI may implement one-hour settlement of trades by March 2024, instantaneous settlement by Oct 2024*
https://www.cnbctv18.com/market/stocks/sebi-to-implement-one-hour-settlement-of-trades-by-march-2024-instantaneous-by-oct-2024-17722631.htm

Mkt. Updates :

GIFT Nifty +20 pts (19670) from last trade 19650 ,

Nikkei +234 pts ,
Hangseng -52 pts ,


Dow -195.74 pts ,Nsdq -10.68 pts, S&P
-18.94 pts , Bovespa -445 pts , Ftse -14 pts , Dax -53 pts , Cac -24 pts , Crude @ $86.80 brl (+0.11), Brent @ $90.05 brl (+1.05) , Gold @ 1951.40 (-1.20), Silver @ $23.875 (-0.00), Euro @ $1.0724, JPY @ $147.61,  INR @ 83.035


*US GOVT. 10-YR YIELD : 4.27%*


*Today's Corporate Action, 06 Sept Ex Date :*

BBL
Dividend - Rs. - 40.0000
BHARATRAS
Final Dividend - Rs. - 1.5000
HALDYNGL
Final Dividend - Rs. - 0.7000
MODIS
Final Dividend - Rs. - 1.0000
NATPLASTI
Final Dividend - Rs. - 1.0000
ROUTE
Final Dividend - Rs. - 2.0000
SHILCTECH
Bonus issue 1:1 
TBZ
Final Dividend - Rs. - 1.7500
YUKEN
Final Dividend - Rs. - 0.80000


*Today's Key Results/Board Meetings, 06-Sep-23 :*

AARTECH
General;A.G.M.   
CONCORDBIO
Quarterly Results   
DELTA
A.G.M.   
ESSARSEC
General   
GENNEX
A.G.M.   
KAARYAFSL
General;A.G.M.   
KAVVERITEL
General   
MIC
General   
NAM
A.G.M.   
PRUDMOULI
A.G.M.   
RSCINT
A.G.M.   
STDSFAC
A.G.M.   
SVRL
General;Bonus issue;Increase in Authorised Capital 
TVOLCON
General;A.G.M.   
UNITINT
General;A.G.M.   
USHDI
Quarterly Results   
VISIONCINE
General   
ZBINTXPP
A.G.M.   


*SEC. IN F&O BAN FOR, 06-Sep-23 :*

*1. BALRAMCHIN 2. BHEL 3. HINDCOPPER 4. IBULHSGFIN 5. INDIACEM 6. DELTACORP*

*ADDITION : DELTACORP*
*DELETION : NIL*

*News Headlines from Business News Agencies :*

*Business Standard :*

• Indian sugar production concerns drive local prices to 6-year high

• CBI arrests GAIL Exec Director KB Singh in ₹ 50 lakh bribery case

• India added highest mobile subscriptions in June quarter globally: Ericsson

• Hitachi Payment Services launches India's first-ever UPI-ATM with NPCI

• Power demand to grow 70% by 2032 with focus on non-hydropower renewable

• Discussions on global framework to regulate crypto underway: FM Sitharaman

• Reliance Retail opens Metro Cash & Carry stores; to continue wholesale biz

• Coherent Corp to come up with first global center of excellence in India

• Edible oil prices may not rise during festive season due to good supply

• August PMI services comes at 60.3 on strong order book; output elevated

• FSIB recommends Vinay Tonse for MD position in State Bank of India

• Paytm disbursed loans worth ₹ 5,517 crore in August, average MTU up 20%


*Economic Times :*

• Indian REITs Association launched; sets agenda for growth, governance and investor advocacy

• Addressing cybersecurity risks at stock exchanges, clearing corporations: SEBI Chief Buch

• RBI looking to put more wholesale transactions under e-rupee ambit: Sources

• Daimler India names Sreeram Venkateswaran as President, Chief Business Officer

• Volvo Car India expects 'good' festival season for domestic auto industry

• Centre for second PLI scheme for processing millet-based foods: Food Processing Secretary

• India has potential to clock 100 billion UPI transactions a month: NPCI CEO Dilip Asbe

• China to launch new $40 bn state fund to boost chip industry, sources say

• QIA, UK’s Grosvenor invest over ₹ 1,240 cr in IndoSpace’s fourth logistics fund

• Institutional investments in alternatives cross $2 bn in 5 years: Colliers

• India's auto sales up by 9%, 3W sales at record high in August: FADA

• Ethos board approves fund raise up to ₹ 250 cr via QIP


*Mint :*

• India in talks with Latin American, African countries for UPI: Official

• NCLT asks SpiceJet to resolve issues with lessors

• Qantas Airways CEO Alan Joyce steps down amid ticket scandal

• Tata, Adani, JSW among firms seeking to build ₹ 3.1 tn of pumped storage

• JSW-MG Motor deal likely in two months

• RBI allows pre-sanctioned credit lines through UPI

• Zerodha MF files papers with SEBI for two schemes

• Pepperfry: Co-founder Ashish Shah becomes CEO of the furniture startup

• HC rejects Dish TV promoter plea against Yes Bank, JC Flowers

• SpiceJet issues shares to lessors to clear ₹ 231 crore dues

• Jupiter Wagons board approves raising up to ₹ 700 cr via QIP

• Som Distilleries board approves fund raise up to ₹ 350 cr via QIP

India Daybook Stocks in News

*NBCC:* Company gets project worth ₹2,000 crore from Kerala State Housing Board (Positive)

*3i Infotech:* Forms Strategic Partnership with InsureMO Offering PaaS to Enterprises (Positive)

*Tata Power:* Tata Motors Limited partners with Tata Power Renewable Energy Limited to develop a 12 MWp solar project at its Pune manufacturing facility (Positive)

*Nila Infra:* Company gets order for construction of 1694 dwelling units of total estimated development cost of INR 101.64 crores (Positive)

*Vedanta:* Zambia agrees to return of Konkola Copper mines to Vedanta Resources. (Positive)

*Exide:* Company's lithium-ion cell project secures Rs 2,000 crore line of credit from banks - Moneycontrol (Positive)

*Union Bank/Bank Baroda:* IREDA has signed MoUs with Union Bank of India and Bank of Baroda, to co-finance renewable energy projects. (Positive)

*Power Grid:* Company has won the inter-state transmission system project on build, own, operate and transfer basis in Rajasthan. (Positive)

*Gensol Eng:* The Board has approved a bonus issue in the proportion of 2:1 (Positive)

*Welspun Ind:* Company is looking at investing around Rs 300 crore in the immediate future (Positive)

*Patel Engineering:* Its joint venture has bagged a Rs 1,275.30 crore order in Madhya Pradesh (Positive)

*Hinduja Global Solutions:* Companyannounced a strategic partnership with the Government Digital Service (GDS) in the UK (Positive)

*NRB Bearings:* Mirae Asset bought Additional 31.94 Lakh Shares or 3.296% Stake via Open Market On 4-September (Positive)

*SBI Card:* Company adds new features to AURUM super premium credit card (Neutral)

*Jio Financial:* Company to exit Nifty 50, other indices from September 7 (Neutral)

*Syrma SGS:* Completes Acquisition of Majority Stake in Johari Digital Healthcare Limited (Neutral)

*Bikaji Foods:* Lighthouse India Fund offloaded 1.3 percent stake while Plutus Wealth Management LLP has bought 13.5 lakh shares. (Neutral)

*Safari Ind:* SBI Life Insurance Company has bought Rs 77.38 crore worth shares in Safari Industries. (Neutral)

*HDFC AMC:* Amaresh Jena has resigned as Head – Marketing of the asset management firm, with effect from September 8 (Neutral)

*ZEEL:* The lender has moved the National Company Law Appellate Tribunal (NCLAT) against the order for allowing merger with Culver Max Entertainment. (Neutral)

*Jubilant Ingrevia:* Commercial Paper of Rs. 175 Crores issued on July 14, 2023, has been fully redeemed by the Company. (Neutral)

*Mangalore Chem:* Promoter Pledge Additional 10 Lakh Shares (Neutral)

*Nazara:* Company to consider and approve Preferential issue of shares (Neutral)

*Kernex Micro:* To Consider & Approve Raising of Funds Via Preferential Issue. (Neutral)

*Sterling and Wilson:* India Ratings and Research has downgraded the long term issuer rating to ‘IND BB-’ for the Company’s long term fund and non-fund facilities

*Usha Martin:* Promoter Usha Martin Ventures Sold 2 Lakh Shares via Open Market

Economic Times

📝 Vedanta Resources in talks with Standard Chartered Bank for $1.3 billion loan

📝 Govt to reassess mandatory joint audit plan for big companies

📝 HPCL plans new green energy, lubes subsidiaries

📝 Soonicorn Ventures gets Sebi nod to launch Rs 250 cr angel fund

📝SMAHI Hotels, Motisons Jewellers get Sebi nod to float IPOs

📝 Nitin Gadkari pitches for diversification of agriculture towards energy, power sectors

📝 CBDT processed 88% ITR, refunds over Rs 2.45 crore issued till September 5

📝 Aditya-L1 successfully performs the second earth-bound manoeuvre, informs ISRO

📝 Exide's lithium-ion cell project secures Rs 2,000 crore line of credit from banks

📝 RBI in advanced talks with European Securities and Markets Authority

📝 India's power demand to grow above 70 pc by 2032: Report

📝 Interior designer startup Flipspaces raises $4 million in equity-debt mix

📝 Space startup Manastu raises $3 million in pre-series A funding

📝 Israel-based startup ThetaRay raises $57 million in private round

Business Standard

📝 Sebi plans to usher in the era of 1-hour trade settlement by early 2024

📝 Vistara to add 10 planes, 1,000 people this FY; shelves plan to fly to US

📝 IBBI proposes changes to voting on bids for bankrupt companies under IBC

📝 Half of Rs 2,000 banknotes in circulation back in system: RBI Governor

📝 India Inc's profit-to-GDP ratio dips slightly in FY23; financial pie up

📝 IKIO Lighting IPO gets subscribed 66.3 times on concluding day of issue

📝 FM Sitharaman asks financial entities to ensure customers nominate heirs

Financial Express

📝 QIA, Grosvenor lead $150-mn IndoSpace funding

📝 Tata Power Renewable Energy signs PDA with Neosym to set up 26 MW captive solar plant

📝 BHEL bags order from NHPC for 2,880 MW Dibang Multipurpose Project in Arunachal Pradesh

📝 India Inc’s Rs 10 crore-plus salary club swells in FY23

📝 Govt likely to extend laptop licensing by a year

📝 India’s services sector activity moderates in Aug; exports expand at series record pace

📝 India seeks to fill a China-sized gap in global economic growth

📝 NCCF, Nafed sell onion from buffer on e-NAM; turnover rises to Rs 24,717 crore in Apr-Aug

📝 Sebi issues template for info sharing by credit rating agencies to debenture trustees

Mint

📝 Clear lease dues via shares, SpiceJet told

📝 Vehicle registrations up nearly 9% in Aug


📝 India in talks with countries in LatAm, Africa for UPI, RuPay

📝 E-way bills hit record 93.4 mn in Aug, signalling festive boost

📝 Paytm records 20% rise in monthly users in July-August, GMV up 43%

📝 Brent crude at $90/barrel as Saudi Arabia and Russia extend production cut

📝 China: Housing crisis spurs record defaults, hits private developers.

INSTL. INVESTORS EQUITY DERIVAT. TRADES AS ON : 06-09-2023 :

FIIS F & O : RS. CRS. :

*TOTAL NET SELL : -8003* 😭

*INDEX FUT. : -32*

*INDEX OPT. : -5578*

*STOCK FUT. : -2318*

*STOCK OPT. : -73*

*SEC. IN F&O BAN FOR, 07-Sep-23 :*

*1. BALRAMCHIN 2. BHEL 3. HINDCOPPER 4. IBULHSGFIN 5. INDIACEM 6. DELTACORP 7. SAIL 8. MANAPPURAM*

*ADDITION : SAIL, MANAPPURAM*
*DELETION : NIL*

*INSTL. INVEST. EQUITY CASH PROV. TRADES AS ON : 06-SEP-2023 :*

*FIIS : SELL -3,246 (9,994-13,240)* 😥

*DIIS : SELL -247 (10,203-10,450)* ☺️

*BSE SENSEX : +100 (65,880)🔼*

*NSE NIFTY : +36 (19,611)*🔼

*BSE MIDCAP. : +40 (32,122)*🔼

*BSE SMLCAP. : -16 (37,948)*🔽

*B. CRUDE : $ 90.30* ↔️ 😳

*GOLD: $1918=INR 59,370(10gr)* ↔️ 😳

*SILVER : RS. 75,000 (kg) (5pm)* 🔽 😩

*FOREX : RS. $ 83.14 🔽 ☺️*

*7.26%GOI '33: 7.2083%(100.34)↔️☺️*

*7.18%NEW '33: 7.1797%(99.9950)🔼☺️*

*7.18%GOI '37: 7.2749% (99.1675)🔼☺️*