Tuesday, September 22, 2020

Top Things To Know Today Morning:

1. The Indian stock market is expected to open flat-to-positive.
2. Oil prices plunged more than 4 percent on Monday.
3. Government hikes MSPs for all mandated Rabi crops.
4. India government bonds miss out on JP Morgan index inclusion.
5. SEBI revises guidelines for writing off securities by FPIs.
6. SEBI puts in place framework to handle near zero, negative prices in commodity futures.
7. Indian steelmakers turn net exporters to China in April-August: CRISIL
8. US FinCEN names 26 Indian banks partaking in dubious transactions: Report
9. SBI outlines rules for restructuring corporate loans

Stock Specific News:

1. State Bank of India board has approved allotment of debentures worth Rs 7,000 crore.
2. Jindal Steel & Power has clarified on reports of certain transactions undertaken between 2014-16.
3. ICRA has reaffirmed long-term credit rating for Ramco Cements at AA+/Stable.
4. CEAT board will consider raising funds via NCDs on September 25.
5. Shree Renuka Sugars has approved the allotment of 21.16 crore equity shares at Rs 8.74 per share.
6. HSIL has approved buyback of up to Rs 70 crore worth of shares at Rs 105 per share.
7. Aarti Drugs has set the record date for the bonus issue on October 1.
8. CARE Ratings has reaffirmed the Phillips Carbon Black's long-term credit rating at AA-/Stable.