Economic Times Ø Tariff hike right move, but may not raise Airtel ARPU: Analysts Ø IFC lends $250 mn to HDFC to promote affordable green housing Ø JSPL receives revised Rs 7,401 cr offer for arm Jindal Power Ø Reliance to start gas production from MJ field in October-December 2022 Ø Expecting pick-up in demand, Ceat lines up investments to scale up production Ø Zomato stock may sustain bullishness in the near term Ø FPIs pull out Rs 5,689 cr from Indian equities in July so far Ø ‘Govt’s capex push, emergence of new themes to help drive recovery’ Ø Gold imports jump multi-fold to $7.9 billion in April-June quarter Ø China ‘ban’ on entry of Indian sailors, says seafarers’ body Ø Rating companies report sharpest rise in upgrades, improvement in creditworthiness Business Standard Ø Status quo likely in September review of Nifty but not for long Ø Gold bond sales gain momentum in India's second wave of Covid-19 infections Ø Real money in market is made by remaining invested for long: Vikas Khemani Ø FPIs pull out so far Rs 5,689 cr from Indian equities in July Ø Gold price today at Rs 46,870 per 10 gm, silver trending at Rs 67,100 a kg Ø Investment in P-notes continues to soar; hits 37-month high in June Ø Sec 24A offences: Supreme Court says Sebi consent not mandatory Ø Outlook for Cement companies remains strong; analysts bullish about sector Ø Jio's Q1 net profit rises 45% YoY to Rs 3,651 crore; ARPU at Rs 138 Ø Gaining ground: B30 assets see 39% rise in a year, shows Amfi data Financial Express Ø Pulses acreage languishes, fuelling fears of price rise in November-December Ø India improves ranking in trade facilitation aided by reforms Ø HCL Technologies rating – Buy: Weak start to the fiscal for the company Ø HDFC Life Insurance rating – Buy: Mortality reserves spike affected Q1 Ø Investors opening new trading, demat account from October to get choice of providing nomination: Sebi TR Ø Investment in P-notes continues to soar; hits 37-month high in June Ø L&T construction arm bags orders in overseas, domestic market Ø Steel prices may cool off after year-long rally Ø Coffee exports declining, Covid causes shift in consumption patterns: Report Mint Ø IndusInd Bank to raise up to ?30,000 cr through equity and debt Ø India breaks into the top 10 list of agri produce exporters Ø Future Retail misses servicing interest payment, extends the same by 30 days Ø ITC Q1 profit up 29%, revenues grow 37% Ø Govt? may? hike? OBC creamy layer slab Ø Domestic air passenger traffic bounce back in June Ø Reliance Retail to benefit from JD’s evolution into a super app Ø Dhanlaxmi Bank announces strategic alliance with SMC Global Securities Ø Sebi says valuation must for all preferential allotment plans Ø This engineering stock has doubled shareholders' money in one month Ø Avigna to invest ?837 cr to develop industrial parks in Tamil Nadu.
