Ralatable ? #dowjones #nifty #alliesfin

*INSTL. INVESTORS EQUITY DERIVAT. TRADES AS ON : 20-09-2022 :*

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

*TOTAL NET SELL : +4600* 😢

*INDEX FUT. : +1844*

*INDEX OPT. : +1511*

*STOCK FUT. : +1187*

*STOCK OPT. : +58*

*SEC. IN F&O BAN FOR, 21 SEP, 2022 :*

*1. DELTACORP 2. ESCORTS 3. RBLBANK 4. INDIACEM 5. PVR*

*ADDITION : NIL*
*DELETION : IBULHSGFIN,*

*INSTL. INVEST. EQUITY CASH PROV. TRADES AS ON : 20-SEP-22 : (Rs. CRS )*

*FIIS : BUY +1,196 (8,396-7,200)* 😄

*DIIS : BUY +132 (5,858-5,726)* 🙂

*BSE SENSEX : +579 (59,720)🔼*

*NSE NIFTY : +194 (17,816)🔼*

*BSE MIDCAP. : +422 (25,940)*🔼

*BSE SMLCAP. : +293 (29,443)*🔼

*B. CRUDE : $ 92.04* 🔼 😢

*GOLD: $1670=INR 49,930(10gr)* 🔼 🙂

*SILVER : RS. 57,480 (kg) (5pm) 🔼 🙂*

*FOREX : RS. : $ 79.75* 🔼 🙂

*6.54% GOI '32 : 7.2941% (94.95)* 🔼 😔

*7.26%NEW GOI '32: 7.2645%(99.96)*🔼😔

*7.54% GOI '36 : 7.3794% (101.3525)* 🔼 😩

*SGX Nifty -90 pts (17714) from last trade 17804 ,*


Nikkei -282 pts ,
Hangseng -143 pts ,
Now @6.52am .


Dow -313.45 pts ,Nsdq -109.97 pts, S&P
-43.96 pts , Bovespa +693 pts , Ftse -44 pts , Dax -132 pts , Cac -82 pts , Crude @ $84.45 brl (-0.00), Brent @ $90.62 brl (+0.00) , Gold @ 1674.50 (+3.40), Silver @ $19.275 (+0.09), Euro @ $0.997, JPY @ $143.59,  INR @ 79.735





*Today's Corporate Action*
*21st Sep Ex Date*



ABCINDQ
Final Dividend - Rs. - 0.5000
ALANKIT
Final Dividend 
AMARJOTHI
Dividend - Rs. - 2.2000
AMBIKCO
Final Dividend - Rs. - 35.0000
ARIES
Dividend - Rs. - 0.8000
AUSOMENT
Final Dividend - Rs. - 1.0000
BHARAT
Final Dividend - Rs. - 0.6000
BLACKROSE
Final Dividend - Rs. - 0.5500
BLACKROSE
Special Dividend - Rs. - 0.2000
CAPPL
Final Dividend - Rs. - 2.0000
CAREERP
Final Dividend - Rs. - 1.0000D
DEVPLASTIK
Dividend - Rs. - 0.2400
FLUOROCHEM
Final Dividend - Rs. - 2.0000
GUJALKALI
Dividend - Rs. - 10.0000
HIMTEK
Dividend - Rs. - 0.4000
HITECHGEAR
Final Dividend - Rs. - 1.5000
ITL
Final Dividend - Rs. - 0.5000
JAYUSH
Dividend - Rs. - 3.0000
JINDALPOLY
Dividend - Rs. - 5.0000
KEYFINSER
Final Dividend - Rs. - 1.0000
KNRCON
Final Dividend - Rs. - 0.2500
LAOPALA
Dividend - Rs. - 0.8000
LOVABLE
Final Dividend - Rs. - 0.5000
MAWANASUG
Dividend - Rs. - 3.0000
MIDHANI
Final Dividend - Rs. - 1.5400
NLCINDIA
Final Dividend - Rs. - 1.5000
PNCINFRA
Final Dividend - Rs. - 0.5000
PODARPIGQ
Final Dividend - Rs. - 2.5000
POLYLINK
E.G.M.   RADICO
Final Dividend - Rs. - 3.0000
RIDDHICORP
Final Dividend - Rs. - 0.4900
ROTO
Final Dividend - Rs. - 2.8500
SAKUMA
Final Dividend - Rs. - 0.0500
SANINFRA
Final Dividend - Rs. - 0.3500
SHAKTIPUMP
Dividend - Rs. - 2.0000
SHREEPUSHK
Final Dividend - Rs. - 2.0000
SJVN
Final Dividend - Rs. - 0.5500
SPENTA
Dividend - Rs. - 1.5000
SRHHYPOLTD
Final Dividend - Rs. - 3.5000
SYSTMTXC
Final Dividend - Rs. - 1.0000
TNPETRO
Final Dividend - Rs. - 3.0000
TRITONV
Final Dividend - Rs. - 5.0000
VADILALIND
Dividend - Rs. - 1.2500
VADILENT
Dividend - Rs. - 1.2500
VLSFINANCE
Final Dividend - Rs. - 1.5000
ZENTEC
Dividend - Rs. - 0.1000



*Today's Key Results/Board Meetings*
*21-Sep-22*




AHLEAST
General   
GKP
Bonus issue;General  
ROSEMER
Issue Of Warrants  
SAGARSOFT
Quarterly Results  
SPAL
Buy Back of Shares  
SPANDANA
General   
SUPREMEINF
Quarterly Results  



*Stock under F&O ban on NSE*
*21-Sep-22*



1DELTACORP

2ESCORTS

3INDIACEM

4PVR

5RBLBANK

*Business News Headlines*

*Economic Times*
Ø Adani aims to double ACC, Ambuja Cements capacity by 2030
Ø Aether Industries seeing incredible inquiries coming in from major chemical companies in Europe: Aman Desai
Ø Tourism sector to contribute USD 250 billion to GDP by 2030: Centre
Ø Bankruptcy Board, IBBI, amends regulations to reduce delays in insolvency process
Ø India to grow at over 7% in FY23, says CEA
Ø Hero MotoCorp, Hindustan Petroleum partner to set up charging infrastructure for electric vehicles
Ø KKR and Hero Group invest $450 Million in Hero Future Energies
Ø OLECTRA wins Rs 185 crore order from Thane to supply 123 electric buses
Ø Vedanta's Rs 1.54 lakh crore semiconductor plans won't chip away at liquidity: S&P
Ø Adani pledges stake worth $13 billion in newly acquired ACC, Ambuja Cements
Ø Govt actively studying duties levied on steel exports
Ø Oyo ahead of pace on road to profitability, says independent director Troy Alstead

*Business Standard*
Ø Yes Bank approves sale of Rs 48,000 cr stressed loans to JC Flowers ARC
Ø RBI wants fintech operators to follow rules of game: Shaktikanta Das
Ø Sebi moots stricter framework for identifying FPI beneficial owners
Ø Ethanol purchase price may be hiked by up to Rs 2 per litre next year
Ø India to push big for multilateral reforms of WTO, IMF as G20 Chair
Ø Centre to relax rules, fast-track new measures for oil & gas exploration
Ø Reports of request for windfall tax review misleading: Oil ministry
Ø RBI, bond market players discuss liquidity strategy as surplus dwindles
Ø The $1.3 billion Amara Raja Group sets sights on EV batteries now
Ø RBI removes Central Bank of India from PCA framework after more than 5 yrs

*Financial Express*
Ø SBI asks its branches to avoid dollar exposure on Bangladesh
Ø Fabindia cuts losses to Rs 39 crore for FY22
Ø SpiceJet sends 80 pilots on 3-month leave without pay
Ø Adani Green commissions 325-MW wind power project in Madhya Pradesh
Ø Lupin launches generic Suprep Bowel Prep Kit in United States
Ø Vedanta Resources’ semiconductor plans won’t chip away at liquidity: S&P
Ø Former RBI deputy governor, Zomato chairman join BharatPe board
Ø Govt mulls ‘work from home’ for all SEZ employees
Ø Offline food, grocery retailers to see 20% revenue growth
Ø Mother Dairy expecting 20 pc revenue growth in FY23 to Rs 15,000 crore

India Daybook Stocks in News


*Shilpa Medicare:* Company’s Tranexamic Acid Spray (Hemostatic Spray) is approved by CDSCO (Positive)

*Wipro:* Company and Finastra partner to offer digital solutions to corporate banks in India (Positive)

*Hero Moto Corp & HPCL:* Partner to set up charging infrastructure for electric vehicles (Positive)

*Infosys:* Collaborates with Telenor Norway for IT stack in digital, analytics (Positive)

*NBCC:* Company secures total business of Rs 274.77 cr during August, 2022. (Positive)

*Central Bank of India* is out of RBI's Prompt Corrective Action Framework (PCA) framework (Positive)

*M&M:* After acquisition of additional stake in Swaraj Engines, co’s stake in Swaraj Engines would increase to 52.13% from 34.72% (Positive)

*Aditya Birla Fashion:* Company approves allotment of 1.02 cr shares at Rs 288.75/sh. (Positive)

*Advanced Enzyme:* Nalanda India Equity Fund buys 2.68% stake in Advanced Enzyme Technologies via open market (Positive)

*Zydus Life:* Company’s arms and Sentynl Therapeutics Receive Marketing Authorization in the EU. (Positive)

*Best Agrolife:* Quant Mutual Fund bought 3.22 lakh equity shares in the company via open market. (Positive)

*Premier Explosives:* The company has received order for warheads manufacturing from Israel Aerospace Industries (IAI). (Positive)

*Torrent Pharma* US FDA inspection underway at company's Indrad facility (Neutral)

*Tata Steel:* Allots NCDs on private placement basis (Neutral)

*ACC:* Promoter creates pledge on 56.69% equity on September 15. (Neutral)

*Ambuja Cements:* Promoter creates pledge on 63.15% equity on September 15 (Neutral)

*Fino Payments Bank:* To buy 12.19% stake in PaySprint for Rs 4 cr (Neutral)

*Triveni Turbine:* Sources say Triveni Engg to sell 11.85% stake in Triveni Turbines via block deal (Neutral)

*Bharat Forge:* Transfers 49% stake in step-down unit Sagar-Manas shares to Dastan Transnational (Neutral)

*Yes Bank:* RBI approves the appointment of R Gandhi as the Non-Executive (Part-time) Chairman (Neutral)

*Jindal Stainless:* Board to consider raising funds via debt securities on September 23 (Neutral)

*HP Adhesives:* 3 Sigma Global Fund has offloaded 1.4 lakh shares or 0.76% stake in the company via open market.

*Lykis:* Vijay Kishanlal Kedia has offloaded 3.9 lakh equity shares or 2.02% stake in the company via open market.

*Tamilnad Mercantile Bank:* RBI rejects Tamilnad Mercantile Banks' proposal to appoint B Vijayadurai as part-time Non-Executive Chairman

Nifty Ahead of FED meet tonight... @AlliesFin

https://linkintime.co.in/mipo/ipoallotment.html

Harsha Enginiering ipo Allotment will be out soon

Telegram.me/AlliesFin

Best Of Luck 👍🏻

*🔹INSTL. INVESTORS EQUITY DERIVAT. TRADES AS ON : 21-09-2022 :*

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

*TOTAL NET BUY : +224* 🙂

*INDEX FUT. : -1092*

*INDEX OPT. : +2931*

*STOCK FUT. : -1452*

*STOCK OPT. : -163*

*🔹SEC. IN F&O BAN FOR, 22 SEP 2022 :*

*1. AMBUJACEM 2. CANFINHOME 3. DELTACORP 4. ESCORTS 5. RBLBK. 6. PVR*

*ADDITION : AMBUJACEM, CANFINHOME*
*DELETION : INDIACEM,*

*🔹INSTL. INVEST. EQUITY CASH PROV. TRADES AS ON : 21-SEP-22 : (Rs. CRS )*

*FIIS : SELL -461 (6,976-7,437)* 😔

*DIIS : BUY +538 (5,802-5,263)* 🙂

*BSE SENSEX : -263 (59,457)🔽*

*NSE NIFTY : -98 (17,718)🔽*

*BSE MIDCAP. : -162 (25,778)*🔽

*BSE SMLCAP. : -204 (29,239)*🔽

*B. CRUDE : $ 91.51* 🔽 🙂

*GOLD: $1675=INR 50,250(10gr)* 🔼 🙂

*SILVER : RS. 56,900 (kg) (5pm) 🔽 😩*

*FOREX : RS. : $ 79.9750* 🔽 😩

*6.54% GOI '32 : 7.2525% (95.22)* 🔽 😊

*7.26%NEW GOI '32: 7.2326%(100.1825)*🔽😊

*7.54% GOI '36 : 7.3469% (101.6325)* 🔽 😊

FED HIKES INTEREST RATE BY 75BPS TO 3.25% VS 2.50% PREVIOUS; EST 3.25%

Fed

SGX Nifty -165 pts (17575) from last trade 17740 ,

Nikkei -352 pts ,
Hangseng -364 pts ,
Now @ 6.55am .

Dow -522.45 pts ,Nsdq -204.86 pts, S&P
-66 pts , Bovespa -581 pts , Ftse +44 pts , Dax +96 pts , Cac +51 pts , Crude @ $82.76 brl (-0.16), Brent @ $99.83 brl (+0.00) , Gold @ 1675.90 (+0.20), Silver @ $19.475 (+0.00), Euro @ $0.983, JPY @ $144.38,  INR @ 79.905


*US GOVT. 10-YEAR YIELD : 3.57%*


*Today's Corporate Action, 22 Sep Ex Date :*

ACKNIT
Final Dividend - Rs. - 1.5000
ADSDIAG
Dividend - Rs. - 0.8000
AEGISLOG
Interim Dividend 
AGARIND
Final Dividend - Rs. - 2.0000
ASTAR
Final Dividend - Rs. - 1.5000
BASANTGL
Final Dividend - Rs. - 0.0800
BCG
Final Dividend - Rs. - 0.3000
BECTORFOOD
Final Dividend - Rs. - 1.2500
BIGBLOC
Final Dividend - Rs. - 0.2000
BODALCHEM
Final Dividend - Rs. - 0.8000
CEINSYSTECH
Final Dividend - Rs. - 2.2500
CONFIPET
Final Dividend - Rs. - 0.1000
DBL
Final Dividend - Rs. - 0.1000
ELCIDIN
Final Dividend - Rs. - 15.0000
FIRSTFIN
E.G.M.   
GMDCLTD
Dividend - Rs. - 4.3000
HFCL
Dividend - Rs. - 0.1800
MOLDTEK
Final Dividend - Rs. - 0.3000
PAISALO
Dividend - Rs. - 1.0000
PANCHSHEEL
Dividend - Rs. - 1.0000
POLYCHMP
Final Dividend - Rs. - 1.0000
POLYPLEX
Final Dividend - Rs. - 21.0000
POWERMECH
Final Dividend - Rs. - 1.5000
RAILTEL
Final Dividend - Rs. - 0.6500
RAJESHEXPO
Dividend - Rs. - 1.0000
RUBYMILLS
Bonus issue1:1 
RVNL
Final Dividend - Rs. - 0.2500
SAHLIBHFI
Dividend - Rs. - 0.8000
SATIA
Final Dividend - Rs. - 0.2000
SCI
Dividend - Rs. - 0.3300
SIGNETIND
Dividend - Rs. - 0.5000
SMSPHARMA
Final Dividend - Rs. - 0.3000
SRD
Final Dividend - Rs. - 0.0500
SSWL
Final Dividend - Rs. - 3.7500
TEXINFRA
Dividend - Rs. - 0.0750
TEXRAIL
Dividend - Rs. - 0.1000
TITANBIO
Final Dividend - Rs. - 1.5000
VAKRANGEE
Final Dividend - Rs. - 0.0500
VEDAVAAG
Dividend - Rs. - 0.6000
VELJAN
Dividend - Rs. - 13.0000
VIDHIING
Final Dividend - Rs. - 0.4000
YASHPAKKA
Final Dividend - Rs. - 2.0000
ZENIFIB
Dividend - Rs. - 1.5000


*Today's Key Results/Board Meetings, 22-Sep-22 :*

ECOBOAR
General   
GUJTLRM
Increase in Authorised Capital;Issue Of Warrants;Preferential Issue of shares
PHOTOQUP
General   
QUEST
General   


*SEC. IN F&O BAN FOR, 22 Sep, 2022 :*

*1. AMBUJACEM 2. CANFINHOME 3. DELTACORP 4. ESCORTS 5. RBLBK. 6. PVR*

*ADDITION : AMBUJACEM, CANFINHOME*
*DELETION : INDIACEM,*

*Business News Headlines*

*Economic Times :*

Ø M&M Financial leases 275,000 sq ft office space near BKC

Ø RIL CFO to sell/gift 3.5 lakh shares next year

Ø FPIs cut exposure to IT exporters in favour of auto, telecom companies

Ø Adanis encumber shares of Ambuja, ACC with lenders

Ø Pepperfry to file draft IPO papers next quarter, FY22 revenue crosses pre-Covid levels

Ø Volkswagen to hike prices by up to 2 per cent from Oct 1

Ø HDFC Bank signs multi-year data and technology deal with Refinitiv

Ø No intention to stifle innovation or penalise fintech lenders: RBI Governor Shaktikanta Das

Ø Vedanta's Rs 1.54 lakh crore semiconductor plans won't chip away at liquidity: S&P

Ø Adani pledges stake worth $13 billion in newly acquired ACC, Ambuja Cements

Ø Government forms committee to regulate marketing practices of pharma companies

Ø Asian Hotels (West) to undergo insolvency proceedings


*Business Standard :*

Ø Sebi working on new ASBA-like payment system for secondary trades: Buch

Ø Reliance Brands in advanced talks to acquire Sephora's India rights

Ø CBI arrests ABG founder Rishi Agarwal in Rs 22,842-cr bank fraud case

Ø Ethanol purchase price may be hiked by up to Rs 2 per litre next year

Ø India to push big for multilateral reforms of WTO, IMF as G20 Chair

Ø Centre to relax rules, fast-track new measures for oil & gas exploration

Ø Reports of request for windfall tax review misleading: Oil ministry

Ø DGCA orders SpiceJet to continue operating at 50% capacity till Oct 29

Ø The $1.3 billion Amara Raja Group sets sights on EV batteries now

Ø Crisil sees banks’ GNPAs touching decadal low of 4% by FY24


*Financial Express :*

Ø ADB cuts India’s GDP forecast for FY23 to 7pc on elevated inflation, monetary tightening

Ø Rice exports may decline by a quarter in FY23

Ø Centre to exceed 7.5 trillion capex target for FY23

Ø Adani Green commissions 325-MW wind power project in Madhya Pradesh

Ø Lupin launches generic Suprep Bowel Prep Kit in United States

Ø Former RBI deputy governor, Zomato chairman join BharatPe board

Ø Govt mulls ‘work from home’ for all SEZ employees

Ø Offline food, grocery retailers to see 20% revenue growth

Ø Mother Dairy expecting 20 pc revenue growth in FY23 to Rs 15,000 crore

Trading Tweaks

List of securities shortlisted in ASM Framework w.e.f. September 22, 2022

1. TRF Ltd*
2. Power Mech Projects Ltd*
3. Aastamangalam Finance Ltd
4. Alps Industries Ltd
5. Aviva Industries Ltd
6. Fabino Life Sciences Ltd

As per notice no.20210604-41 -- List of securities shortlisted in Direct stage IV "ASM Framework" w.e.f. September 22, 2022

1. Bigbloc Construction Ltd* ✅

List of securities moving out of ASM Framework w.e.f. September 22, 2022.

1. 'Sharp India Ltd#

List of securities shortlisted in Short Term 5/15/30 Days ASM Framework w.e.f. September 22, 2022.

1. Jyoti Ltd
2. BDH Industries Ltd
3. Ambuja Cements Ltd*
4. Jai Corp Ltd* ✅

List of securities which shall continue in Short Term 5/15/30 Days ASM framework but shall be moved to respective higher Stage ASM w.e.f. September 22, 2022.

1. Spectrum Foods Ltd
2. Swagtam Trading & Services Ltd
3. Transchem Ltd

List of securities moving out of Short Term ASM Framework w.e.f. September 22, 2022.

1. ABM Knowledgeware Ltd
2. ANG Lifesciences India Ltd
3. Aurionpro Solutions Ltd
4. DCM Ltd
5. Integra Telecommunication & Software Ltd
6. Lesha Industries Ltd
7. Nile Ltd
8. Oswal Agro Mills Ltd
9. Raminfo Ltd
10. Selan Exploration Technology Ltd
11. Luharuka Media & Infra Ltd
12. Shivalik Bimetal Controls Ltd
13. Stanpacks India Ltd
14. Alps Industries Ltd*

Graded Surveillance Measure (GSM) - List of securities moving into their respective GSM Stages with effect from September 22, 2022

1. Sharp India Ltd - Moved to GSM Stage 1
2. Rubra Medicaments Ltd - Moved to GSM Stage 1
3. Fischer Chemic Ltd - Moved to GSM Stage 1
4. Supra Pacific Management Consultancy Ltd - Moved to GSM Stage 1
5. Madhur Industries Ltd - Moved to GSM Stage 2
6. Sudal Industries Ltd - Moved to GSM Stage 2
7. Sagar Productions Ltd - Moved to GSM Stage 2
8. Infomedia Press Ltd* - Moved to GSM Stage 2
9. Stellant Securities (India) Ltd - Moved to GSM Stage 3
10. Mather and Platt Fire Systems Ltd - Moved to GSM Stage 4

CHANGE IN PRICE BAND with effect from September 22, 2022

1. Dipna Pharmachem Ltd – 20%
2. BEML Ltd – 20%
3. Dhampur Bio Organics Ltd – 20%
4. Vikram Thermo India Ltd – 10%
5. Captain Technocast Ltd – 10%
6. Gautam Gems Ltd – 10%
7. Vision Cinemas Ltd – 5%
8. VIP Clothing Ltd – 5%
9. Sharanam Infraproject and Trading Ltd – 5%
10. Misquita Engineering Ltd – 5%

Fund Flow Analysis

Overall, the mutual fund industry registered a net inflow (Open ended) of Rs. 63,843 crore in August, compared to Rs. 23,063 crore in July. With this inflow, Assets Under Management (AUM) of the industry reached to Rs. 39.34 lakh crore at the end of August 2022, from Rs 37.75 lakh crore at the end of July 2022.

telegram.me/AlliesFin

Investors who need full report can contact us.

*SGX Nifty -90 pts (17563) from last trade 17653 ,*


Nikkei clsd ,
Hangseng -92 pts ,
Now @6.54am .


Dow -107.10 pts ,Nsdq -153.39 pts, S&P
-31.94 pts , Bovespa +2131 pts , Ftse -78 pts , Dax -235 pts , Cac -112 pts , Crude @ $83.52 brl (+0.03), Brent @ $90.46 brl (+0.00) , Gold @ 1680.00 (-1.10), Silver @ $19.675 (+0.05), Euro @ $0.9837, JPY @ $142.29,  INR @ 81.045





*Today's Corporate Action*
*23rd Sep Ex Date*



ATAM
Final Dividend - Rs. - 2.0000
BEARDSELL
Final Dividend - Rs. - 0.1000
BHANDHOS
Final Dividend - Rs. - 0.0100
EMERALD
Dividend - Rs. - 0.1000
EVANS
Final Dividend - Rs. - 2.0000
HGS
Final Dividend - Rs. - 25.0000
KEMISTAR
Final Dividend - Rs. - 0.4000
LAHOTIOV
Final Dividend - Rs. - 0.4000
NITINCAST
Final Dividend - Rs. - 0.5000
PATANJALI
Dividend - Rs. - 5.0000
SANDUPHQ
Dividend - Rs. - 0.7500
VRL
Final Dividend - Rs. - 1.0000



*Today's Key Results/Board Meetings*
*23-Sep-22*



BHARATWIRE
Increase in Authorised Capital;Preferential Issue of shares;Employees Stock Option Plan
CAMPUS
Audited Results  
DBSTOCKBRO
General   
KRANTI
General   
SPAR
Right Issue of Equity Shares;General
TANTIACONS
Quarterly Results;Audited Results;A.G.M.
TRIVENIGQ
General   
XOINFO
General;A.G.M.  
ZEXDONTR
General;A.G.M.  



*Stock under F&O ban on NSE*
*23-Sep-22*




1AMBUJACEM
2CANFINHOME
3DELTACORP
4PNB
5RBLBANK

*Business News Headlines*

*Economic Times*
Ø Singtel arm sells 1.59% stake in Bharti Airtel for Rs 7,261 crore
Ø Sebi permits REITs, InvITs to issue commercial papers
Ø Prices of rice may continue to go up, says govt
Ø NCLAT rejects claims of Reliance Infratel's 'indirect' creditors
Ø Hero MotoCorp hikes motorcycle, scooter prices by up to Rs 1,000
Ø Out of PCA, Central Bank aims for below 10% NPA in three months
Ø RBI restrains Mahindra Finance from using recovery agents after accident
Ø Whirlpool of India expects washing machines market to grow in double digits in 2-3 yrs
Ø Cabinet okays ₹19.5k crore more for solar module PLI
Ø Adani pledges stake worth $13 billion in newly acquired ACC, Ambuja Cements
Ø Government forms committee to regulate marketing practices of pharma companies
Ø Accenture forecasts revenue below estimates on IT spending cut, higher dollar

*Business Standard*
Ø SoftBank cuts valuation of IPO-bound Oyo by 20% to $2.7 bn: Report
Ø Navy buys 'enhanced range' BrahMos missiles for Rs 1,700 crore
Ø Inclusion of OTT platforms in Telecom Bill maybe a risk to digital economy
Ø Edtech major Byju's Rs 1,500-cr payment to Blackstone by September-end
Ø SpiceJet says will hike salaries of senior pilots by 20% from October
Ø Centre to relax rules, fast-track new measures for oil & gas exploration
Ø M&M in talks to raise up to $500 mn for EV push, says report
Ø DGCA orders SpiceJet to continue operating at 50% capacity till Oct 29
Ø Torrent group to make Rs 2,900-cr bid for Reliance Nippon Life Insurance
Ø Assess maximum possible loss before entering F&O trade: Experts

*Financial Express*
Ø Can Fin Homes to let Kousgi go Oct 20, may ask headhunter to find successor
Ø Pepperfry posts wider net loss of Rs 194 cr for FY22
Ø Exide’s Li-ion cell unit likely to be ready in 2.5 yrs
Ø Adani Green commissions 325-MW wind power project in Madhya Pradesh
Ø Lupin launches generic Suprep Bowel Prep Kit in United States
Ø Former RBI deputy governor, Zomato chairman join BharatPe board
Ø Exide’s Li-ion cell unit likely to be ready in 2.5 yrs
Ø Offline food, grocery retailers to see 20% revenue growth
Ø Mother Dairy expecting 20 pc revenue growth in FY23 to Rs 15,000 crore

Namaste !!

• RBI Asks M&M Financial to Stop Outsourcing Loan Recoveries
• Brookfield Plans Over $2 Billion Investment in India Renewables
• India Signs Deal to Buy Brahmos Missile from BAPL for INR17B
• InvIT, REIT Can Issue Commercial Paper as Per RBI Norms: SEBI
• CCI Approves Merger of Jio Cinema OTT Platform with Viacom 18
• Air India, Willis Sign Sale-Leaseback Deal for Aircraft Engines
• Palm Oil Imports by India Seen Rising 3.5% in 2022-23: Group
• PM Modi to attend funeral of former Japanese premier Abe: MEA
• India Cumulative Monsoon Rainfall 7% Above Normal as of Sept. 22
• OIL TENDER: India’s HPCL Seeks to Buy Crude for Nov. Loading
• Global Funds Sell Net INR25.1B of India Stocks on Thursday: NSE
o Domestic funds buy net 2.63b rupees of stocks
• Mahindra in Talks to Raise Up to $500M for EV Push, Reuters Says
• Yield on 7.26% bonds maturing Aug. 22, 2032 up 8 bps to 7.31%
• Rupee Drops to Fresh Record Amid Risk Aversion: Inside India
• Bharti Airtel (BHARTI): Pastel Ltd. sold 94m shares in Bharti at INR772.50, while Bharti Telecom Ltd. bought 94m shares at same price: NSE bulk deal
• Bombay Dyeing (BD):To Raise Up to 9.4B Rupees Via Rights Share Issue
• Century Textiles (CENT): Says unit Birla Estates buys 10 acres land parcel in Bengaluru, expected revenue INR9b
• Cipla (CIPLA): Says got U.S. FDA establishment inspection report for Indore plant
• Hero MotoCorp (HMCL): Hikes price of motorcycles & scooters upto 1,000 rupees, to offset inflation impact
• Mahindra & Mahindra Financial (MMFS): RBI Asks M&M Financial to Stop Outsourcing Loan Recoveries
• Somany Ceramics (SOMC): To sell 51% entire stake in Aroma Ceramics
• Trident (TRID): Says it commissions solar power plant at Budhni, Madhya Pradesh
• Vijaya Diagnostic (VIJAYA): Fidelity Investment Trust sell 1.45m shares of VIJAY, while Nippon India MF buy 1.16m shares: BSE bulk deal
• Zydus Lifesciences (ZYDUSLIF): To buy up to 11.86% more stake in AMP Energy Green to set up Wind Solar plant