Tuesday, October 06, 2020
6m | Oct 6, 2020Top Things To Know Today Morning:
- The Indian stock market is expected to open in the green.
- Oil prices climbed more than 5 per cent on Monday.
- SEBI comes out with uniform timeline for listing securities on private placement basis.
- Supreme Court has deferred the next hearing on loan moratorium to October 13.
- SEBI introduces very high-risk category in mutual fund schemes.
- Office absorption up 64% in third quarter, new completions increase 59%: JLL report
Stock Specific News:
- HDFC Bank’s advances rose 16 percent to Rs 10.4 lakh crore, while deposits increased 20 percent to Rs 12.3 lakh crore, YoY.
- HDFC Limited’s individual loan approvals in Q1FY21 increased 9 percent YoY but disbursements were down 5 percent YoY.
- Banks Board Bureau has recommended Dinesh Kumar Khara to take over as the new chairman of State Bank of India.
- Credit Access Grameen launched QIP issue on Monday at a floor price of Rs 707.69 per share.
- Britannia board has approved the issue of debenture and payment of a dividend of Rs 12.50.
- Infibeam Avenues has entered into a definitive agreement with Jio platforms to license.
- GSFC is set to take up manufacturing of Calcium Nitrate, becoming the first company in India to do so.
- Tata Motors: JLR retail sales rose 50 percent in Q2FY21. However, sales were down 11.9 percent YoY.
- Escorts has completed acquisition of 2 crore equity shares of KAI from KBT.
- PVR has issued NCDs worth Rs 50 crore.
- Vodafone lenders approve merger of Indus Towers with Bharti Infratel.
- AirAsia India is getting funds from only Tata Sons and not its Malaysian eponymous parent.
India Business News
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