08/08/2023
Good Morning
News Headline
Tuesday, 08 August, 2023
• SBFC Finance IPO subscribed over 70.16 times on final day
• Zomato extends gains after posting profit in Q1, stock nears Rs 100-mark
• Concord Biotech IPO booked 2.72 times, retail portion subscribed 2.26 times on Day 2
• Moonlighting haunts employees as IT dept sends notices for undeclared income
• Sanghi buy to help Ambuja Cements scale up fast, may even set stage for a price war
• India may retake number 2 spot on MSCI EM Index
• VRL's stake sale in Vedanta not enough for stable outlook
• Insurers buying into STRIPS to lead to softer G-Sec yields
• Laptop, tablet sales jump on import curbs
• Post Supreme Court ruling, banks turn wary of declaring accounts as 'wilful default'
• 5G push: Airtel rolls out its fixed wireless access device
• Demand for essential items at decade-high levels
• Telecom equipment makers soar after Cabinet approves Rs 1.39 lakh crore for last mile connectivity
•Emami Q1 results: Net profit jumps 86.6% to Rs 137.7 crore, revenue rises 6.8%
• Max Healthcare Q1 results: Net profit rises 27% to Rs 291 crore
• 'Godrej Consumer Products Q1 Result: Net profit falls 7.6% to Rs 318.8 crore, revenue rises 10.3 %, misses estimates
• Compliance requirements for listed players don't seek to change business models: Madhabi Puri Buch
• CDSL net income inches up 4% to Rs 92 crore in April-June
•Tech goods import curbs, PLI to aid domestic electronic manufacturers grow: Goldman Sachs
• Yatharth Hospital shares close with 11% premium on debut
• SEBI cancels registration of MMTC as a stockbroker
• Tata Chemicals net profit falls 9.67% to Rs 532 crore in Q1
• SEBI considers establishing mechanism to prevent fraud in MFs, ensure accountability of senior management
• FTSE to implement upweight of HDFC Bank in three tranches starting September
• Gold slips as comments from US Fed governor dent sentiment
• Bulk deals | Plutus Wealth Management buys additional 1.16% stake in Yatharth Hospital
• TVS Supply Chain sets price band at Rs 187-197 for its Aug 10 public issue
• Waaree Energies raises Rs 1,000 crore in ValueQuest-led funding round
• Apraava Energy inks pacts with REC, PFC to get Rs 9,120 crore finance for its projects
• Cholamandalam Investment: Multiple growth levers justify rich valuation
•State Bank of India bets on private capex to grow corporate credit: Chairman Dinesh Kumar Khara
• QIA likely to have picked up shares worth $500 million in Adani Green
• Will add about 6,000 MT capacity of green hydrogen and its derivatives in FY24: Jakson Green Global CCO
• IRB Infra is looking at 20% on year growth in toll revenue in 2023-24
• SEBI's focus on front-running investigations yields better completion rates in FY23
• Tesla CFO Zachary Kirkhorn steps down, replaced by Vaibhav Taneja