Government to sell 5-year, 10-year green bonds on Jan 25 and Feb 9.
The sovereign green bonds will be used for mobilising resources for green infrastructure and the proceeds deployed in public sector projects.
Most IMP to note:
The sovereign green bonds will be eligible for trading in the secondary market and will be designated as specified securities under the ‘Fully Accessible Route’ for investment by NRI’s (non-residents). Securities which are listed under the RBI’s ‘Fully Accessible Route’ do not have any limit on overseas investment.
Worldwide, Interest offered by green bonds to investors is lower than other debt instruments issued by Govt.
https://wap.business-standard.com/article/economy-policy/rbi-details-maiden-sovereign-green-bond-sales-worth-rs-16-000-crore-123010600906_1.html
The sovereign green bonds will be used for mobilising resources for green infrastructure and the proceeds deployed in public sector projects.
Most IMP to note:
The sovereign green bonds will be eligible for trading in the secondary market and will be designated as specified securities under the ‘Fully Accessible Route’ for investment by NRI’s (non-residents). Securities which are listed under the RBI’s ‘Fully Accessible Route’ do not have any limit on overseas investment.
Worldwide, Interest offered by green bonds to investors is lower than other debt instruments issued by Govt.
https://wap.business-standard.com/article/economy-policy/rbi-details-maiden-sovereign-green-bond-sales-worth-rs-16-000-crore-123010600906_1.html
Business-Standard
RBI details maiden sovereign green bond sales worth Rs 16,000 cr
Finance Minister: Government to sell 5-year, 10-year green bonds on Jan 25 and Feb 9
👍1
World-Topping $100 Billion: India first country to hit $100 billion annually in remittances
https://www.google.com/amp/s/www.tribuneindia.com/news/nation/remittances-from-overseas-indians-increased-by-12-pc-to-usd-100-billion-in-2022-nirmala-sitharaman-469178
The State Bank of Pakistan’s (SBP) foreign reserves hit $5.576 billion during the week ended December 2022.
Finance Minister Nirmala Sitharaman calls NRIs as 'real ambassadors of India'
India world’s largest remittance recipient
◆ $69.2 bn in 2015
◆ $72.7 bn in 2016
◆ $69.3 bn in 2017
◆ $79.8 bn in 2018
◆ $82.2 bn in 2019
◆ $84.9 bn in 2020
◆ $87.4 bn in 2021
◆ $100 +bn in 2022
INDIA retained its position as the world's top recipient of remittances.
World Bank report which had said India will be the first country in the world to receive $ 100 billion from remittances during 2022. Though remittances to the rest of the South Asian countries declined by 10 per cent, they rose by 12 per cent in India’s case.
■ Nirmala Sitaraman described NRIs as the“real ambassadors of India” and appealed to them to use made in India products and services as far as possible so that the country’s individual brand can be promoted across the globe.
■ With a sum of more than $100 billion, India inflows are far higher than Mexico ($60 billion), China ($51 billion), the Philippines ($38 billion), Egypt ($32 billion) and Pakistan ($29 billion).
■ India remains on track to become the world’s largest recipient of remittances. The remittances make up almost 3% of India’s GDP.
■ Skilled workers from India as well as migrant workers moved not only to low-skilled, informal employment in the Gulf Cooperation Council (GCC) countries for employment but also to high-income countries like the United States, United Kingdom and Asia-Pacific countries such as Singapore, Japan, Australia and New Zealand.
For the current year too, India’s inbound remittances will continue to rise, as the South Asia region has one of the lowest transaction costs in the world. Globally, the average cost of sending $ 200 was 6 per but it was the cheapest to send money to South Asia (4.3 per cent) and most expensive to send to Sub-Saharan Africa (7.8 per cent).
https://www.google.com/amp/s/www.tribuneindia.com/news/nation/remittances-from-overseas-indians-increased-by-12-pc-to-usd-100-billion-in-2022-nirmala-sitharaman-469178
The State Bank of Pakistan’s (SBP) foreign reserves hit $5.576 billion during the week ended December 2022.
Finance Minister Nirmala Sitharaman calls NRIs as 'real ambassadors of India'
India world’s largest remittance recipient
◆ $69.2 bn in 2015
◆ $72.7 bn in 2016
◆ $69.3 bn in 2017
◆ $79.8 bn in 2018
◆ $82.2 bn in 2019
◆ $84.9 bn in 2020
◆ $87.4 bn in 2021
◆ $100 +bn in 2022
INDIA retained its position as the world's top recipient of remittances.
World Bank report which had said India will be the first country in the world to receive $ 100 billion from remittances during 2022. Though remittances to the rest of the South Asian countries declined by 10 per cent, they rose by 12 per cent in India’s case.
■ Nirmala Sitaraman described NRIs as the“real ambassadors of India” and appealed to them to use made in India products and services as far as possible so that the country’s individual brand can be promoted across the globe.
■ With a sum of more than $100 billion, India inflows are far higher than Mexico ($60 billion), China ($51 billion), the Philippines ($38 billion), Egypt ($32 billion) and Pakistan ($29 billion).
■ India remains on track to become the world’s largest recipient of remittances. The remittances make up almost 3% of India’s GDP.
■ Skilled workers from India as well as migrant workers moved not only to low-skilled, informal employment in the Gulf Cooperation Council (GCC) countries for employment but also to high-income countries like the United States, United Kingdom and Asia-Pacific countries such as Singapore, Japan, Australia and New Zealand.
For the current year too, India’s inbound remittances will continue to rise, as the South Asia region has one of the lowest transaction costs in the world. Globally, the average cost of sending $ 200 was 6 per but it was the cheapest to send money to South Asia (4.3 per cent) and most expensive to send to Sub-Saharan Africa (7.8 per cent).
The Tribune
India first country to hit $100 billion annually in remittances
Union Finance Minister Nirmala Sitharaman on Tuesday said remittances sent to the country by overseas Indians were about $100 billion for the year 2022, an increase of 12 per cent in one year.
Economic Times
📝 Ratan Tata sets up a new endowment trust
📝 Subway explores sale that could value it at over $10 billion
📝 LTTS to acquire SWC business of parent firm for Rs 800 cr
📝 Alibaba Group sells 3% stake in Paytm parent for Rs 1,031 crore
📝 HCL Tech Q3 Results: Profit beats estimates, rises 19% YoY to Rs 4,096 cr; Rs 10 dividend announced
📝 India's wheat output may set new record of over 112 lakh tonnes in 2022-23: Govt officials
📝 India eyes ₹35kcr investments by 2047 to create waterways network
📝 B2B FMCG wholesale startup ApnaKlub raises $16 million in funding
Business Standard
📝 IIP growth rebounds to 7.1% in Nov; retail inflation eases to 5.7% in Dec
📝 NCLT adjourns Zee Entertainment lenders' pleas against merger to Feb 2
📝 Air India to launch 12 weekly flights to London Gatwick airport from March
📝 NCLT gives approval for merger of multiplex operators PVR and Inox
📝 Tata Group planning to set up EV cell-manufacturing operations in Europe
📝 India's Mahindra named fastest-growing brand in South Africa for 2022
📝 Govt to mandate jewellery hallmark standards in 43 more districts
📝 Govt working on policy for ethanol pumps, says Union minister Gadkari
📝 India, US create new working group on 'resilient trade' under TPF
📝 Central govt's borrowings may touch Rs 14.8 trillion in FY24: Icra report
📝 US inflation cools again to 6.5%, gives Fed room to downshift on rates
Financial Express
📝 Japanese sportswear brand ASICS eyes India’s running market
📝 Goat Brand Labs buys 80% in Chumbak for Rs 120 cr
📝 In tech push, HDFC Bank building its own platform: CIO
📝 Infosys raises FY23 guidance to 16-16.5%; Q3 net profit up 9.4%
📝 Gujarat Govt announces new regularisation policy for unauthorised construction in industrial estates
📝 Sebi specifies norms for AIF investment in CDS
📝 Food inflation falls sharply to 4.19%
📝 India to take up development issues facing Global South at G-20 meetings, says Nirmala Sitharaman
Mint
📝 US signs $25 million deal to fight against Ebola with Moderna technology
📝 Centre to invite bids for 8GW wind power annually till 2030
📝 Apax Partners to sell its entire stake in Shriram Finance
📝 Centre aims 118 million tonne of domestic coal stock by March 2023
📝 EoI for ₹17,000cr transhipment port in Nicobar Islands by Jan-end
📝 SBI launches e-Bank Guarantee (e-BG) facility in collaboration with NeSL
📝 China’s junk-bond market creaks open with a $400 million sale
📝 Guyana offers 200 acres of land to India for production of millets for private sector
📝 Centre brings new rules to curb systematic under-valuation of imports.
📝 Ratan Tata sets up a new endowment trust
📝 Subway explores sale that could value it at over $10 billion
📝 LTTS to acquire SWC business of parent firm for Rs 800 cr
📝 Alibaba Group sells 3% stake in Paytm parent for Rs 1,031 crore
📝 HCL Tech Q3 Results: Profit beats estimates, rises 19% YoY to Rs 4,096 cr; Rs 10 dividend announced
📝 India's wheat output may set new record of over 112 lakh tonnes in 2022-23: Govt officials
📝 India eyes ₹35kcr investments by 2047 to create waterways network
📝 B2B FMCG wholesale startup ApnaKlub raises $16 million in funding
Business Standard
📝 IIP growth rebounds to 7.1% in Nov; retail inflation eases to 5.7% in Dec
📝 NCLT adjourns Zee Entertainment lenders' pleas against merger to Feb 2
📝 Air India to launch 12 weekly flights to London Gatwick airport from March
📝 NCLT gives approval for merger of multiplex operators PVR and Inox
📝 Tata Group planning to set up EV cell-manufacturing operations in Europe
📝 India's Mahindra named fastest-growing brand in South Africa for 2022
📝 Govt to mandate jewellery hallmark standards in 43 more districts
📝 Govt working on policy for ethanol pumps, says Union minister Gadkari
📝 India, US create new working group on 'resilient trade' under TPF
📝 Central govt's borrowings may touch Rs 14.8 trillion in FY24: Icra report
📝 US inflation cools again to 6.5%, gives Fed room to downshift on rates
Financial Express
📝 Japanese sportswear brand ASICS eyes India’s running market
📝 Goat Brand Labs buys 80% in Chumbak for Rs 120 cr
📝 In tech push, HDFC Bank building its own platform: CIO
📝 Infosys raises FY23 guidance to 16-16.5%; Q3 net profit up 9.4%
📝 Gujarat Govt announces new regularisation policy for unauthorised construction in industrial estates
📝 Sebi specifies norms for AIF investment in CDS
📝 Food inflation falls sharply to 4.19%
📝 India to take up development issues facing Global South at G-20 meetings, says Nirmala Sitharaman
Mint
📝 US signs $25 million deal to fight against Ebola with Moderna technology
📝 Centre to invite bids for 8GW wind power annually till 2030
📝 Apax Partners to sell its entire stake in Shriram Finance
📝 Centre aims 118 million tonne of domestic coal stock by March 2023
📝 EoI for ₹17,000cr transhipment port in Nicobar Islands by Jan-end
📝 SBI launches e-Bank Guarantee (e-BG) facility in collaboration with NeSL
📝 China’s junk-bond market creaks open with a $400 million sale
📝 Guyana offers 200 acres of land to India for production of millets for private sector
📝 Centre brings new rules to curb systematic under-valuation of imports.
*INSTL. INVESTORS EQUITY DERIVAT. TRADES AS ON : 13-01-2023 :*
*FIIS F & O : RS. CRS. :*
*TOTAL NET BUY : +2960*
*INDEX FUT. : +1507*
*INDEX OPT. : +305*
*STOCK FUT. : +1156*
*STOCK OPT. : -08*
*INSTL. INVEST. EQUITY CASH PROV. TRADES AS ON : 13-JAN-2023 :*
*FIIS : SELL -2,423 (9,305-11,728)* 😢
*DIIS : BUY +1,953 (5,700-3,747)* 😄
*BSE SENSEX : +303 (60,261)🔼*
*NSE NIFTY : +98 (17,956)🔼*
*BSE MIDCAP. : +24 (25,171)*🔼
*BSE SMLCAP. : +63 (28,858)*🔼
*B. CRUDE : $ 84.32* 🔼 😔
*GOLD: $1904=INR 57,000(10gr)* ↔️ 😳
*SILVER : RS. 72,400 (kg) (5pm) 🔼 🙂*
*FOREX : RS. : $ 81.3250* 🔼 😊
*7.26% GOI '32 : 7.3003%(99.7150)*🔼 😔
*7.54% GOI '36 : 7.3662% (101.4475)* ↔️ 😳
*7.41 GOI '36 : 7.3568% (100.45)* 🔼 😔
*FIIS F & O : RS. CRS. :*
*TOTAL NET BUY : +2960*
*INDEX FUT. : +1507*
*INDEX OPT. : +305*
*STOCK FUT. : +1156*
*STOCK OPT. : -08*
*INSTL. INVEST. EQUITY CASH PROV. TRADES AS ON : 13-JAN-2023 :*
*FIIS : SELL -2,423 (9,305-11,728)* 😢
*DIIS : BUY +1,953 (5,700-3,747)* 😄
*BSE SENSEX : +303 (60,261)🔼*
*NSE NIFTY : +98 (17,956)🔼*
*BSE MIDCAP. : +24 (25,171)*🔼
*BSE SMLCAP. : +63 (28,858)*🔼
*B. CRUDE : $ 84.32* 🔼 😔
*GOLD: $1904=INR 57,000(10gr)* ↔️ 😳
*SILVER : RS. 72,400 (kg) (5pm) 🔼 🙂*
*FOREX : RS. : $ 81.3250* 🔼 😊
*7.26% GOI '32 : 7.3003%(99.7150)*🔼 😔
*7.54% GOI '36 : 7.3662% (101.4475)* ↔️ 😳
*7.41 GOI '36 : 7.3568% (100.45)* 🔼 😔
Dear Investor,
We cordially invite you to attend SUSHIL’s Flagship Investor Awareness Webinar: THE FINANCIAL WELL-BEING…
Date & Time: Friday, 20th Jan 2023, 04.00 PM to 05.30 PM
Mode of Presentation: Online (On Microsoft Teams)
(Note: The Webinar Joining Link will be sent to registered participants shortly before the Scheduled Start Time.)
Click on the link below to register for this Webinar:
https://wa.me/919869958999
We cordially invite you to attend SUSHIL’s Flagship Investor Awareness Webinar: THE FINANCIAL WELL-BEING…
Date & Time: Friday, 20th Jan 2023, 04.00 PM to 05.30 PM
Mode of Presentation: Online (On Microsoft Teams)
(Note: The Webinar Joining Link will be sent to registered participants shortly before the Scheduled Start Time.)
Click on the link below to register for this Webinar:
https://wa.me/919869958999
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🇮🇳AlliesFinServe #StockMarket #Bharat Telegram.me/AlliesFin pinned «BUDGET FEVER BEGINS IN MARKET, STAY UPDATED WITH telegram.me/AlliesFin CAN WATCH FOR SECTORS LIKE RAILWAYS DEFENSE PSU BANKS I.T & TECH CHEM ETC OTHER OBSERVATIONS WILL BE UPDATED AS AND WHEN REQUIRED.»
*INSTL. INVESTORS EQUITY DERIVAT. TRADES AS ON : 16-01-2023 :*
*FIIS F & O : RS. CRS. :*
*TOTAL NET SELL : -4536*
*INDEX FUT. : -1165*
*INDEX OPT. : -2632*
*STOCK FUT. : -773*
*STOCK OPT. : +34*
*SEC. IN F&O BAN FOR, 17 JAN, 2023 :*
*1. IBULHSGFIN 2. GNFC 3. L&TFH*
*ADDITION : L&TFIN*
*DELETION : NIL*
*INSTL. INVEST. EQUITY CASH PROV. TRADES AS ON : 16-JAN-2023 :*
*FIIS : SELL -750 (6,260-7,010)* 😩
*DIIS : BUY +686 (5,220-4,534)* 😊
*BSE SENSEX : -168 (60,093)🔽*
*NSE NIFTY : -62 (17,894)🔽*
*BSE MIDCAP. : -85 (25,086)*🔽
*BSE SMLCAP. : -28 (28,830)*🔽
*B. CRUDE : $ 84.25* ↔️ 😳
*GOLD: $1917=INR 57,630(10gr)* 🔼 😊
*SILVER : RS. 73,200 (kg) (5pm) 🔼 😊*
*FOREX : RS. : $ 81.6125* 🔽 😩
*7.26% GOI '32 : 7.3283%(99.5250)*🔼 😔
*7.54% GOI '36 : 7.3823% (101.31)* 🔼 😔
*7.41 GOI '36 : 7.3753% (100.29)* 🔼 😔
*FIIS F & O : RS. CRS. :*
*TOTAL NET SELL : -4536*
*INDEX FUT. : -1165*
*INDEX OPT. : -2632*
*STOCK FUT. : -773*
*STOCK OPT. : +34*
*SEC. IN F&O BAN FOR, 17 JAN, 2023 :*
*1. IBULHSGFIN 2. GNFC 3. L&TFH*
*ADDITION : L&TFIN*
*DELETION : NIL*
*INSTL. INVEST. EQUITY CASH PROV. TRADES AS ON : 16-JAN-2023 :*
*FIIS : SELL -750 (6,260-7,010)* 😩
*DIIS : BUY +686 (5,220-4,534)* 😊
*BSE SENSEX : -168 (60,093)🔽*
*NSE NIFTY : -62 (17,894)🔽*
*BSE MIDCAP. : -85 (25,086)*🔽
*BSE SMLCAP. : -28 (28,830)*🔽
*B. CRUDE : $ 84.25* ↔️ 😳
*GOLD: $1917=INR 57,630(10gr)* 🔼 😊
*SILVER : RS. 73,200 (kg) (5pm) 🔼 😊*
*FOREX : RS. : $ 81.6125* 🔽 😩
*7.26% GOI '32 : 7.3283%(99.5250)*🔼 😔
*7.54% GOI '36 : 7.3823% (101.31)* 🔼 😔
*7.41 GOI '36 : 7.3753% (100.29)* 🔼 😔
Mkt. Updates :
*SGX Nifty +25 pts (17967) from last trade 17942 ,*
Nikkei +333 pts ,
Hangseng -69 pts ,
Around @ 6.52am .
US Mkt Clsd , Bovespa -1703 pts , Ftse +16 Pts , Dax +47 pts , Cac +19 pts , Crude @ $78.88 brl (-0.98), Brent @ $84.46 brl (-0.00) , Gold @ 1921.30 (-0.40), Silver @ $24.47 (+0.09), Euro @ $1.0829, JPY @ $128.31, INR @ 81.635
*US GOVT. 10-YEAR YIELD : 3.53%*
*Today's Corporate Action, 17 Jan Ex Date :*
SKL
E.G.M.
*Today's Key Results/Board Meetings, 17-Jan-22 :*
CHANDRAP
General;Quarterly Results
ICICIGI
Audited Results
ICICIPRULI
Audited Results;Quarterly Results
NATIONALUM
Interim Dividend;General
SHALBY
Quarterly Results
TATAINVEST
Quarterly Results
TIGERLOGS
General;Quarterly Results
*SEC. IN F&O BAN FOR, 17 JAN, 2023 :*
*1. IBULHSGFIN 2. GNFC 3. L&TFH*
*ADDITION : L&TFIN*
*DELETION : NIL*
*Today's Alert :*
*RBI to Conduct Auction of SDLS BONDS for INR 67 Billion*
*SGX Nifty +25 pts (17967) from last trade 17942 ,*
Nikkei +333 pts ,
Hangseng -69 pts ,
Around @ 6.52am .
US Mkt Clsd , Bovespa -1703 pts , Ftse +16 Pts , Dax +47 pts , Cac +19 pts , Crude @ $78.88 brl (-0.98), Brent @ $84.46 brl (-0.00) , Gold @ 1921.30 (-0.40), Silver @ $24.47 (+0.09), Euro @ $1.0829, JPY @ $128.31, INR @ 81.635
*US GOVT. 10-YEAR YIELD : 3.53%*
*Today's Corporate Action, 17 Jan Ex Date :*
SKL
E.G.M.
*Today's Key Results/Board Meetings, 17-Jan-22 :*
CHANDRAP
General;Quarterly Results
ICICIGI
Audited Results
ICICIPRULI
Audited Results;Quarterly Results
NATIONALUM
Interim Dividend;General
SHALBY
Quarterly Results
TATAINVEST
Quarterly Results
TIGERLOGS
General;Quarterly Results
*SEC. IN F&O BAN FOR, 17 JAN, 2023 :*
*1. IBULHSGFIN 2. GNFC 3. L&TFH*
*ADDITION : L&TFIN*
*DELETION : NIL*
*Today's Alert :*
*RBI to Conduct Auction of SDLS BONDS for INR 67 Billion*
*🌹India Daybook – Stocks in News*
*Siemens:* Company signs contract with Indian Railways for a 26,000 cr locomotive project to deliver 1,200 electric locomotives. (Positive)
*NTPC:* Renewable Energy signs MoU with Tripura Govt for renewable energy development (Positive)
*Phoenix Mills:* Subsidiary completes acquisition of Janus Logistics for Rs 26 cr (Positive)
*Sula Vineyards:* Quant mutual fund bought 10 lakh shares in company (Positive)
*Tata Metaliks:* MS Singapore bought 1.98 lakh shares in company (Positive)
*Hi Tech Pipes:* Quant mutual fund bought 2.0 lakh shares in company. (Positive)
*Tata Motors:* The company, which crossed 5 lakh cumulative wholesale sales mark in 2022 (Positive)
*Wheels India:* Company starts exports of wheels with advanced flow form technology (Positive)
*Spencer’s Retail:* Company forays into new hypermarket format (Positive)
*Bank of Baroda:* Government extends the term of Sanjiv Chadha as MD & CEO until June 30, 2023 (Neutral)
*NALCO:* To Consider Interim Dividend today (Neutral)
*Adani Enterprises':* Saab scraps agreement with Adani to build fighter aircraft in India (Neutral)
*Energy stocks:* Special additional excise duty (SAED) on Crude cut to Rs 1,900 from Rs 2,100/Tonne (Neutral)
*PNB Housing:* Company to consider raising up to Rs 2,000 cr via NCDs on Jan 24 (Neutral)
*M&M:* Company launches its first C-Segment Electric SUV, the XUV400; starting at Rs 15.99 lakh (Neutral)
*Maruti Suzuki:* The company has transported over 3.2 lakh vehicles using Indian railways (Neutral)
*Samvardhan Motherson:* Sojitz Corporation likely to sell upto 1.6% stake in Samvardhana Motherson via Block Deal
*V Mart:* Fire accident occurred at V-Mart's store at Kanpur
*JSW Ispat:* Net loss of Rs 98 cr Vs loss of Rs 27 cr, Revenue down 25.2% at Rs 1,102.1 cr Vs Rs 1,473.2 cr (YoY)
*Kesoram:* Net loss at Rs 47.98 cr Vs loss of Rs 31.97 cr, Revenue up 12.6% at Rs 986.1 cr Vs Rs 876 cr (YoY)
*Tinplate:* The company has recorded a 62 percent year-on-year decline in profit at Rs 36.4 crore
*Siemens:* Company signs contract with Indian Railways for a 26,000 cr locomotive project to deliver 1,200 electric locomotives. (Positive)
*NTPC:* Renewable Energy signs MoU with Tripura Govt for renewable energy development (Positive)
*Phoenix Mills:* Subsidiary completes acquisition of Janus Logistics for Rs 26 cr (Positive)
*Sula Vineyards:* Quant mutual fund bought 10 lakh shares in company (Positive)
*Tata Metaliks:* MS Singapore bought 1.98 lakh shares in company (Positive)
*Hi Tech Pipes:* Quant mutual fund bought 2.0 lakh shares in company. (Positive)
*Tata Motors:* The company, which crossed 5 lakh cumulative wholesale sales mark in 2022 (Positive)
*Wheels India:* Company starts exports of wheels with advanced flow form technology (Positive)
*Spencer’s Retail:* Company forays into new hypermarket format (Positive)
*Bank of Baroda:* Government extends the term of Sanjiv Chadha as MD & CEO until June 30, 2023 (Neutral)
*NALCO:* To Consider Interim Dividend today (Neutral)
*Adani Enterprises':* Saab scraps agreement with Adani to build fighter aircraft in India (Neutral)
*Energy stocks:* Special additional excise duty (SAED) on Crude cut to Rs 1,900 from Rs 2,100/Tonne (Neutral)
*PNB Housing:* Company to consider raising up to Rs 2,000 cr via NCDs on Jan 24 (Neutral)
*M&M:* Company launches its first C-Segment Electric SUV, the XUV400; starting at Rs 15.99 lakh (Neutral)
*Maruti Suzuki:* The company has transported over 3.2 lakh vehicles using Indian railways (Neutral)
*Samvardhan Motherson:* Sojitz Corporation likely to sell upto 1.6% stake in Samvardhana Motherson via Block Deal
*V Mart:* Fire accident occurred at V-Mart's store at Kanpur
*JSW Ispat:* Net loss of Rs 98 cr Vs loss of Rs 27 cr, Revenue down 25.2% at Rs 1,102.1 cr Vs Rs 1,473.2 cr (YoY)
*Kesoram:* Net loss at Rs 47.98 cr Vs loss of Rs 31.97 cr, Revenue up 12.6% at Rs 986.1 cr Vs Rs 876 cr (YoY)
*Tinplate:* The company has recorded a 62 percent year-on-year decline in profit at Rs 36.4 crore
*Stocks in the news*
Siemens: The company has received an order for 1,200 locomotives of 9,000 horsepower (HP) from Indian Railways, marking the single largest order in the history of Siemens in India. It will design, manufacture, commission and test the locomotives. Deliveries are planned over an eleven-year period, and the contract includes 35 years of full service maintenance. The locomotives will be assembled in the Indian Railways factory in Dahod, Gujarat. The contract has a total value of Rs 26,000 crore.
NTPC: Government of Tripura has signed Memorandum of Understanding with NTPC Renewable Energy. The company in collaboration will develop large sized renewable energy projects in Tripura.
IRB InvIT Fund: The company has recommenced toll collection at toll plazas of IRB Pathankot Amritsar Toll Road, one of its project SPVs (special purpose vehicle). The toll collection by the said SPV temporarily suspended last month. The project SPV is eligible for compensation against the revenue loss under Force Majeure provisions of the Concession Agreement.
Kesoram Industries: The company has posted consolidated loss of Rs 48 crore for quarter ended December FY23, widening from loss of Rs 32 crore in same period last year, impacted by higher input cost, power & fuel expenses and exceptional loss. But consolidated revenue from operations increased 12.6 percent YoY to Rs 986 crore for the quarter. Its majority of business comes from cement segment.
Ashoka Buildcon: Ashoka Kandi Ramsanpalle Road, the special purpose vehicle (SPV) of the company, has received a provisional certificate for completion of 37.92 KMs out of total project highway length of 39.980 KMs in Telangana. Also the company informed the declaration of Novemer 19, 2022 as the commercial operational date for the said HAM project of NHAI under Bharatmala Pariyojna on hybrid annuity mode. After the declaration of commercial operational date, the SPV is eligible for receipt of annuity payments from NHAI for the operation period of 15 years at the interval of every 6 months from the date of achievement of commercial operational date.
Tinplate Company of India: The tinplate manufacturer and Tata Steel subsidiary has recorded a 62 percent year-on-year decline in profit at Rs 36.4 crore for quarter ended December FY23, impacted by lower top line and operating income. Revenue from operations for the quarter at Rs 959.9 crore fell by nearly 19 percent compared to year-ago period.
*Results on January 17*
Bank of India, ICICI Lombard General Insurance Company, ICICI Prudential Life Insurance Company, Delta Corp, Eris Lifesciences, Hathway Cable & Datacom, Mastek, Metro Brands, Network18 Media & Investments, TV18 Broadcast, Newgen Software Technologies, Shalby, Tata Investment Corporation, and Tata Metaliks will be in focus ahead of quarterly earnings on January 17.
Siemens: The company has received an order for 1,200 locomotives of 9,000 horsepower (HP) from Indian Railways, marking the single largest order in the history of Siemens in India. It will design, manufacture, commission and test the locomotives. Deliveries are planned over an eleven-year period, and the contract includes 35 years of full service maintenance. The locomotives will be assembled in the Indian Railways factory in Dahod, Gujarat. The contract has a total value of Rs 26,000 crore.
NTPC: Government of Tripura has signed Memorandum of Understanding with NTPC Renewable Energy. The company in collaboration will develop large sized renewable energy projects in Tripura.
IRB InvIT Fund: The company has recommenced toll collection at toll plazas of IRB Pathankot Amritsar Toll Road, one of its project SPVs (special purpose vehicle). The toll collection by the said SPV temporarily suspended last month. The project SPV is eligible for compensation against the revenue loss under Force Majeure provisions of the Concession Agreement.
Kesoram Industries: The company has posted consolidated loss of Rs 48 crore for quarter ended December FY23, widening from loss of Rs 32 crore in same period last year, impacted by higher input cost, power & fuel expenses and exceptional loss. But consolidated revenue from operations increased 12.6 percent YoY to Rs 986 crore for the quarter. Its majority of business comes from cement segment.
Ashoka Buildcon: Ashoka Kandi Ramsanpalle Road, the special purpose vehicle (SPV) of the company, has received a provisional certificate for completion of 37.92 KMs out of total project highway length of 39.980 KMs in Telangana. Also the company informed the declaration of Novemer 19, 2022 as the commercial operational date for the said HAM project of NHAI under Bharatmala Pariyojna on hybrid annuity mode. After the declaration of commercial operational date, the SPV is eligible for receipt of annuity payments from NHAI for the operation period of 15 years at the interval of every 6 months from the date of achievement of commercial operational date.
Tinplate Company of India: The tinplate manufacturer and Tata Steel subsidiary has recorded a 62 percent year-on-year decline in profit at Rs 36.4 crore for quarter ended December FY23, impacted by lower top line and operating income. Revenue from operations for the quarter at Rs 959.9 crore fell by nearly 19 percent compared to year-ago period.
*Results on January 17*
Bank of India, ICICI Lombard General Insurance Company, ICICI Prudential Life Insurance Company, Delta Corp, Eris Lifesciences, Hathway Cable & Datacom, Mastek, Metro Brands, Network18 Media & Investments, TV18 Broadcast, Newgen Software Technologies, Shalby, Tata Investment Corporation, and Tata Metaliks will be in focus ahead of quarterly earnings on January 17.
Recession?? 😃😃
Nice article, worth reading.😁
telegram.me/AlliesFin/12589
Banwarilal was a samosa seller in an Indian town. He used to sell 500 samosas everyday on a cart in his locality.
People liked his samosas for last 30 years, because he cared for hygiene in preparation and selling, would use good quality oil and other ingredients, provide free chutneys with samosas.
He would throw all unsold samosas to poor people, cow, dogs etc and did not sell unsold stale samosas to people next day.
Banwari earned good reputation and enough money from samosa selling and he never faced downfall in his sale in last 30 years.
He was able to fund his son's MBA education in a famous private college in Noida out of his earnings.
Recently his son Rohit completed his MBA and came back home as he could not get appropriate placement. Rohit started taking interest in his father's samosa business.
He had not been involved in his father's business earlier as he considered that to be an inferior job.
During MBA, Rohit read a lot on recession. He read that it is coming up in global economy and how it will affect job prospects, increase unemployment etc.
So he thought that he should advise his father of the risks in the business of samosa selling on account of recession.
He told his father that recession may cause fall in sale of samosas, so he should prepare for cost cutting to maintain the profit.
Banwari was glad that his son knows so much about business and taking interest in his business. He agreed to follow advice of his son.
Next day, Rohit suggested using 20% used cooking oil and 80% fresh. People did not notice the change in the taste and 500 samosas were sold.
Rohit was motivated by the profit made by this savings. Next day he suggested increased share of used oil to 30% and reduce the quantity of free chutney.
That day, only 400 samosas were sold and 100 samosas were thrown to poor people and dogs.
Rohit told his father that recession has really set in as predicted by him, so more cost cutting is to be done and they would not throw stale samosas but would fry them again next day and sell them.
Quantity of used oil will also be increased to 40% and to make only 400 samosas to avoid wastage.
Next day 400 samosas were sold but customers were not feeling good old taste. But Rohit told his father about savings because of his smart planning. Father told him that he may be knowing better, being educated.
Next day Rohit decided to use 50% used oil, do away with sweet chutney and provided only green chutney, made 400 samosas. That day only 300 samosas could be sold as people started disliking the taste.
Rohit told Banwari "Look , I had predicted great recession is arriving and sales would fall. Now this is happening. We will not throw away these 100 stale samosas but would fry and sell them tomorrow." Father agreed to his MBA son.
Next day, 200 fresh samosas were made with 50% used oil, 100 stale fried samosa were offered for sale but only 200 could be sold as people sensed the drastic fall in quality.
Rohit said that recession has really set in and now people have no money left to spend so they should make only 100 samosas and recycle 100 stale samosas and stop giving paper napkins.
After this only 50 samosas could be sold .
Rohit told his father " Now recession has taken people in its grip. People have lost income. So, this business will be in loss and they should stop selling samosas and do something else."
Now his father started shouting, "I did not know that they teach cheating in the name of MBA. I lost my money in getting your MBA education. In last 30 years of samosa selling, I never had recession but your greed for profit brought recession in my business and caused closure. Get out of my business and I will get it back to earlier level. If you want, I can hire you for washing dishes as that is the only thing you can do despite being MBA educated."
Thereafter , Banwari started following his age old wisdom and fair practices in business. Within a month his sale reached to 600 samosas.
Nice article, worth reading.😁
telegram.me/AlliesFin/12589
Banwarilal was a samosa seller in an Indian town. He used to sell 500 samosas everyday on a cart in his locality.
People liked his samosas for last 30 years, because he cared for hygiene in preparation and selling, would use good quality oil and other ingredients, provide free chutneys with samosas.
He would throw all unsold samosas to poor people, cow, dogs etc and did not sell unsold stale samosas to people next day.
Banwari earned good reputation and enough money from samosa selling and he never faced downfall in his sale in last 30 years.
He was able to fund his son's MBA education in a famous private college in Noida out of his earnings.
Recently his son Rohit completed his MBA and came back home as he could not get appropriate placement. Rohit started taking interest in his father's samosa business.
He had not been involved in his father's business earlier as he considered that to be an inferior job.
During MBA, Rohit read a lot on recession. He read that it is coming up in global economy and how it will affect job prospects, increase unemployment etc.
So he thought that he should advise his father of the risks in the business of samosa selling on account of recession.
He told his father that recession may cause fall in sale of samosas, so he should prepare for cost cutting to maintain the profit.
Banwari was glad that his son knows so much about business and taking interest in his business. He agreed to follow advice of his son.
Next day, Rohit suggested using 20% used cooking oil and 80% fresh. People did not notice the change in the taste and 500 samosas were sold.
Rohit was motivated by the profit made by this savings. Next day he suggested increased share of used oil to 30% and reduce the quantity of free chutney.
That day, only 400 samosas were sold and 100 samosas were thrown to poor people and dogs.
Rohit told his father that recession has really set in as predicted by him, so more cost cutting is to be done and they would not throw stale samosas but would fry them again next day and sell them.
Quantity of used oil will also be increased to 40% and to make only 400 samosas to avoid wastage.
Next day 400 samosas were sold but customers were not feeling good old taste. But Rohit told his father about savings because of his smart planning. Father told him that he may be knowing better, being educated.
Next day Rohit decided to use 50% used oil, do away with sweet chutney and provided only green chutney, made 400 samosas. That day only 300 samosas could be sold as people started disliking the taste.
Rohit told Banwari "Look , I had predicted great recession is arriving and sales would fall. Now this is happening. We will not throw away these 100 stale samosas but would fry and sell them tomorrow." Father agreed to his MBA son.
Next day, 200 fresh samosas were made with 50% used oil, 100 stale fried samosa were offered for sale but only 200 could be sold as people sensed the drastic fall in quality.
Rohit said that recession has really set in and now people have no money left to spend so they should make only 100 samosas and recycle 100 stale samosas and stop giving paper napkins.
After this only 50 samosas could be sold .
Rohit told his father " Now recession has taken people in its grip. People have lost income. So, this business will be in loss and they should stop selling samosas and do something else."
Now his father started shouting, "I did not know that they teach cheating in the name of MBA. I lost my money in getting your MBA education. In last 30 years of samosa selling, I never had recession but your greed for profit brought recession in my business and caused closure. Get out of my business and I will get it back to earlier level. If you want, I can hire you for washing dishes as that is the only thing you can do despite being MBA educated."
Thereafter , Banwari started following his age old wisdom and fair practices in business. Within a month his sale reached to 600 samosas.
Recession is nothing but convergence of greed of government to extract more taxes, greed of big businesses to be more profitable by reducing quality and using unfair practices and also of careless arrogant employees giving pathetic service as long as profits are coming. Recession is the punishment given to businesses and government by people by restricting their spending.
Nice article, worth reading.😁
Nice article, worth reading.😁
TILL DATE DATA
telegram.me/AlliesFin
NIFTY IT INDEX UP +3% IN JAN-23
NIFTY-50 INDEX DOWN -0.30% IN JAN-23.
BANKNIFTY INDEX DOWN -1.67% IN JAN-23.
INLINE WITH SECTORAL EXPECTATIONS.
telegram.me/AlliesFin
NIFTY IT INDEX UP +3% IN JAN-23
NIFTY-50 INDEX DOWN -0.30% IN JAN-23.
BANKNIFTY INDEX DOWN -1.67% IN JAN-23.
INLINE WITH SECTORAL EXPECTATIONS.
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Make Money Work for you...
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Market Humour :)
बाजार की ताजा स्थिति :
नीचे क्यों जा रहे हो ?- पता नहीं
ऊपर क्यों जा रहे हो ?- पता नहीं
खड़े क्यों हो ? - वो तो पहले से ही नहीं पता
फिर पता क्या है ?- वो भी नहीं पता
कब तक पता चलेगा ?-पता नहीं
तब तक क्या करना है ?-पता नहीं
कुछ पता भी है ?- हाँ , बजट है 1 फरवरी को 😅
Like👍 Share 🤝
बाजार की ताजा स्थिति :
नीचे क्यों जा रहे हो ?- पता नहीं
ऊपर क्यों जा रहे हो ?- पता नहीं
खड़े क्यों हो ? - वो तो पहले से ही नहीं पता
फिर पता क्या है ?- वो भी नहीं पता
कब तक पता चलेगा ?-पता नहीं
तब तक क्या करना है ?-पता नहीं
कुछ पता भी है ?- हाँ , बजट है 1 फरवरी को 😅
Like👍 Share 🤝
👍2
*INSTL. INVESTORS EQUITY DERIVAT. TRADES AS ON : 18-01-2023 :*
*FIIS F & O : RS. CRS. :*
*TOTAL NET BUY : +3013*
*INDEX FUT. : +1488*
*INDEX OPT. : +494*
*STOCK FUT. : +848*
*STOCK OPT. : +183*
*SEC. IN F&O BAN FOR, 18 JAN, 2023 :*
*1. IBULHSGFIN 2. GNFC 3. L&TFH 4. MANAPPURAM 5. DELTACORP*
*ADDITION : DELTACORP, MANAPPURAM*
*DELETION : NIL*
*INSTL. INVEST. EQUITY CASH PROV. TRADES AS ON : 17-JAN-2023 :*
*FIIS : BUY +211 (8,445-8,234)* 🙂
*DIIS : BUY +91 (5,239-5,148)* 🙂
*BSE SENSEX : +563 (60,656)🔼*
*NSE NIFTY : +158 (18,053)🔼*
*BSE MIDCAP. : -15 (25,071)*🔽
*BSE SMLCAP. : -37 (28,793)*🔽
*B. CRUDE : $ 86.23* 🔼 😢
*GOLD: $1915=INR 57,530(10gr)* 🔽 😔
*SILVER : RS. 72,800 (kg) (5pm) 🔽 😔*
*FOREX : RS. : $ 81.76* 🔽 😔
*7.26% GOI '32 : 7.3335%(99.409)*🔼 😔
*7.54% GOI '36 : 7.3888% (101.2550)* 🔼 😔
*7.41 GOI '36 : 7.3799% (100.25)* 🔼 😔
*FIIS F & O : RS. CRS. :*
*TOTAL NET BUY : +3013*
*INDEX FUT. : +1488*
*INDEX OPT. : +494*
*STOCK FUT. : +848*
*STOCK OPT. : +183*
*SEC. IN F&O BAN FOR, 18 JAN, 2023 :*
*1. IBULHSGFIN 2. GNFC 3. L&TFH 4. MANAPPURAM 5. DELTACORP*
*ADDITION : DELTACORP, MANAPPURAM*
*DELETION : NIL*
*INSTL. INVEST. EQUITY CASH PROV. TRADES AS ON : 17-JAN-2023 :*
*FIIS : BUY +211 (8,445-8,234)* 🙂
*DIIS : BUY +91 (5,239-5,148)* 🙂
*BSE SENSEX : +563 (60,656)🔼*
*NSE NIFTY : +158 (18,053)🔼*
*BSE MIDCAP. : -15 (25,071)*🔽
*BSE SMLCAP. : -37 (28,793)*🔽
*B. CRUDE : $ 86.23* 🔼 😢
*GOLD: $1915=INR 57,530(10gr)* 🔽 😔
*SILVER : RS. 72,800 (kg) (5pm) 🔽 😔*
*FOREX : RS. : $ 81.76* 🔽 😔
*7.26% GOI '32 : 7.3335%(99.409)*🔼 😔
*7.54% GOI '36 : 7.3888% (101.2550)* 🔼 😔
*7.41 GOI '36 : 7.3799% (100.25)* 🔼 😔
👍1
*SGX Nifty +30 pts (18123) from last trade 18093 ,*
Nikkei +169 pts ,
Hangseng -63 pts ,
Around @ 7.00am .
Dow -391.76 pts ,Nsdq +15.96 pts, S&P
-8.12 pts , Bovespa +2226 pts , Ftse -9 Pts , Dax +53 pts , Cac +33 pts , Crude @ $80.67 brl (+0.49), Brent @ $85.92 brl (-0.00) , Gold @ 1909.50 (-0.40), Silver @ $24.06 (+0.00), Euro @ $1.0788, JPY @ $128.81, INR @ 81.635
*Today's Corporate Action*
*18th Jan Ex Date*
KPIGREEN
Bonus issue 1:1
*Today's Key Results/Board Meetings*
*18-Jan-22*
AASHKA
Audited Results
AASTAFIN
Increase in Authorised Capital;Preferential Issue of shares
ALOKTEXT
Quarterly Results
AMAL
Quarterly Results;General
ANUBHAV
Quarterly Results;General
AURUM
Quarterly Results
CCL
Quarterly Results;Interim Dividend
CENTRALBK
Quarterly Results
COSYN
Quarterly Results
ELEFLOR
Quarterly Results
GOACARBON
Quarterly Results
INDUSINDBK
Quarterly Results
KDDL
Buy Back of Shares
KHOOBSURAT
Right Issue of Equity Shares;Increase in Authorised Capital
MUTHTFN
General
OFSS
Quarterly Results
OROSMITHS
Quarterly Results
PERSISTENT
Quarterly Results;General;Interim Dividend
PSPPROJECT
Quarterly Results
RALLIS
Quarterly Results
SEJAL
General
SHEMAROO
Quarterly Results
SHUKRAPHAR
Right Issue of Equity Shares;General
SILINFRA
Quarterly Results;General
STYLAMIND
Quarterly Results
SUPREME
Quarterly Results
SURYAROSNI
Quarterly Results;Interim Dividend
TOYAMSL
Quarterly Results;General
UMIYA
Quarterly Results
VINYLINDIA
Quarterly Results
VIVANTA
Quarterly Results;Stock Split;General
WELINV
Quarterly Results
WENDT
Quarterly Results;Interim Dividend
*Stock under F&O ban on NSE*
*18-Dec-22*
1 DELTACORP
2 GNFC
3 IBULHSGFIN
4 L&TFH
5 MANAPPURAM
Nikkei +169 pts ,
Hangseng -63 pts ,
Around @ 7.00am .
Dow -391.76 pts ,Nsdq +15.96 pts, S&P
-8.12 pts , Bovespa +2226 pts , Ftse -9 Pts , Dax +53 pts , Cac +33 pts , Crude @ $80.67 brl (+0.49), Brent @ $85.92 brl (-0.00) , Gold @ 1909.50 (-0.40), Silver @ $24.06 (+0.00), Euro @ $1.0788, JPY @ $128.81, INR @ 81.635
*Today's Corporate Action*
*18th Jan Ex Date*
KPIGREEN
Bonus issue 1:1
*Today's Key Results/Board Meetings*
*18-Jan-22*
AASHKA
Audited Results
AASTAFIN
Increase in Authorised Capital;Preferential Issue of shares
ALOKTEXT
Quarterly Results
AMAL
Quarterly Results;General
ANUBHAV
Quarterly Results;General
AURUM
Quarterly Results
CCL
Quarterly Results;Interim Dividend
CENTRALBK
Quarterly Results
COSYN
Quarterly Results
ELEFLOR
Quarterly Results
GOACARBON
Quarterly Results
INDUSINDBK
Quarterly Results
KDDL
Buy Back of Shares
KHOOBSURAT
Right Issue of Equity Shares;Increase in Authorised Capital
MUTHTFN
General
OFSS
Quarterly Results
OROSMITHS
Quarterly Results
PERSISTENT
Quarterly Results;General;Interim Dividend
PSPPROJECT
Quarterly Results
RALLIS
Quarterly Results
SEJAL
General
SHEMAROO
Quarterly Results
SHUKRAPHAR
Right Issue of Equity Shares;General
SILINFRA
Quarterly Results;General
STYLAMIND
Quarterly Results
SUPREME
Quarterly Results
SURYAROSNI
Quarterly Results;Interim Dividend
TOYAMSL
Quarterly Results;General
UMIYA
Quarterly Results
VINYLINDIA
Quarterly Results
VIVANTA
Quarterly Results;Stock Split;General
WELINV
Quarterly Results
WENDT
Quarterly Results;Interim Dividend
*Stock under F&O ban on NSE*
*18-Dec-22*
1 DELTACORP
2 GNFC
3 IBULHSGFIN
4 L&TFH
5 MANAPPURAM
Telegram.me/AlliesFin
Nifty & Bank Nifty This days 😂
Nifty & Bank Nifty This days 😂