Business News Headlines Economic Times Ø TVS Motor Company makes fresh investment in Ultraviolette Automotive Ø Paytm GMV more than doubles to Rs 1.66 lakh crore in Oct-Nov 2021 period Ø Zydus gets nod to conduct Phase II clinical study in patients with CAPS in Australia Ø JK Paper issued NCDs worth Rs 125 crore Ø Edelweiss hikes stake in Edelweiss Wealth Management to 44.16% Ø Watsa’s Fairfax keen to hold on to stake in CSB Ø Vedanta withdraws cases against government to settle retro tax dispute Ø Emcure Pharmaceuticals gets Sebi's go-ahead to float IPO Ø Shriram Group likely to announce merger of two lending subsidiaries under Shriram Capital Ø Satin Creditcare Network buys about 9% in Jay Kay Financial Ø Indian refiner BPCL tie-up with nuclear institute in net zero push Business Standard Ø India's retail inflation inches up to three-month high of 4.91% in Nov Ø Cabinet committee on privatisation yet to take decision on two banks: FM Ø Amazon-backed More Retail considering IPO to raise up to $500 mn: Report Ø AMFI pitches for debt-linked saving schemes; tax parity with ULIPs Ø Sebi's proposal can restrict growth of algo trading in India: Brokers Ø Economy, markets, investing strategy: Nomura's outlook for India in 2022 Ø Banks want more time to meet card-on-file tokenisation norms Ø Reserve Bank may rationalise some payment charges, says industry Ø Vehicle registration across segments drops 2.7% YoY in November: FADA Ø Data Patterns IPO to open on Dec 14; sets price band at Rs 555-585/share Ø Entire loss of PMC Bank being thrust on depositors: Sahakar Bharati to RBI Financial Express Ø Sebi passes confirmatory order in matter related to insider trading in Infosys scrip Ø MapmyIndia IPO subscribed whopping 154.71 times Ø Franklin Templeton MF unitholders to get Rs 985 cr in eighth tranche Ø Govt to follow auction route for coal block allocation, says Coal Minister Pralhad Joshi Ø Paytm GMV more than doubles to Rs 1.66 lakh cr in Oct-Nov 2021 period Ø BNP Paribas says Sensex to be at 62,000 by 2022-end despite steep valuation Ø Autonomous vehicles hold potential to revolutionise farming, mining sectors & more: Tata Elxsi Ø Bharat Bond ETF oversubscribed six times against base size of Rs 1,000 crore Ø India’s solar capacity addition jumps over three-fold to 7.4 GW in Jan-Sep Ø Supriya Lifescience IPO to open on Dec 16; sets price band at Rs 265-274/share Mint Ø Tariff hikes put a spring in Airtel's step Ø Dixon is on PLI power, but the stock is pricey Ø The Reliance Capital collapse: Another cautionary tale for retail investors Ø The US Fed should go beyond just doubling its QE taper rate Ø Saint-Gobain Agreed to Buy GCP Applied Technologies Ø Govt departments, autonomous bodies owe over ?244 cr to Air India Ø India, Russia sign record 28 agreements Ø MoP lays down strict rules to ramp-up coal supplies to power projects Ø Auction premiums, price hikes could fuel Coal India Ø ESG-led corporate restructuring is about capital too Ø The big telco looking to buy out Dish TV Ø Net inflows into equity mutual fund surge to 4-month high in November
