Economic Times Ø Karnataka Bank plans to raise Rs 6,000 cr via debt Ø FPIs invest Rs 5,001 cr in Indian equities so far in August Ø Three insurance-related firms to raise Rs 10,000 cr through IPOs Ø Nirmala Sitharaman to launch National Monetisation Pipeline on Aug 23 Ø FM Nirmala Sitharaman launches new fund for MSMEs Ø Post LIC IPO, 60% of insurance biz to be with listed entities: FinMin official Ø 483 infra projects show cost overruns of Rs 4.43 lakh crore Ø Vi lenders demand additional collateral on existing loans Ø NABARD's loans rise 25.2 per cent to reach Rs 6 lakh crore in FY21 Ø Kamdhenu Group plans Rs 200 crore investment to expand paints biz; aims Rs 1000-crore revenue in 5 years Ø Greenply Industries expects WFH to have positive impact on branded plywood manufacturers Business Standard Ø Pharma companies lead topline growth in Q1FY22: ICICI Direct Research Ø GAIL to foray into hydrogen generation, scale up its renewable portfolio Ø Major tariff hikes by telcos unlikely in the short-run: Analyst Ø Tata Realty to invest Rs 4,000 cr in residential, commercial projects Ø ONGC offers 43 of its fields to operators for enhancing production Ø $17.2 bn infused in Indian startups by VC firms during Jan-July: Report Ø Trai suggests to create separate authorisation for access network provider Ø Power ministry circulates draft rules on clean energy, seeks comments Ø Railways suffered Rs 36,000 cr loss during pandemic: Raosaheb Danve Ø Jet Airways staff unions challenge resolution plan, file appeal in NCLAT Financial Express Ø India's exposure to US securities jumps over $20 bn in 3 months; touches $220.2 bn in June Ø Footwear retailer Metro Brands files IPO papers with Sebi Ø Sebi keeps Adani Wilmar’s Rs 4,500-cr IPO in abeyance Ø Sebi extends deadline for public comments on swing pricing mechanism proposal for MFs Ø Tata Steel commissions 0.5 MTPA recycling plant in Haryana Ø Pizza Hut ties up with HUL to add Kwality Wall's ice cream, desserts in menu Ø Zomato invests over $100 million in Grofers Ø Sterlite Power Transmission files IPO papers with SEBI; Anil Agarwal-led firm looks to raise Rs 1,250-cr Ø Sebi cuts lock-in period for promoters to 18 months post-IPO Ø Cooking gas LPG price hiked by Rs 25 per cylinder Mint Ø Rural consumption strong in Q1 despite blow from covid 2.0 Ø RBI ?penalty? may? deter? banks from installing more ATMs Ø Recapitalization, demand revival to be key for SpiceJet Ø Karvy Stock Broking Chairman C Parthasarathy held for bank loan default case Ø L&T Infotech to offer jobs to 4,500 freshers in FY22 amid high attrition Ø Govt notifies timeline to replace existing meters with smart prepaid meters Ø ONGC looks at acquisitions to achieve 10 GW renewable capacity by 2040 Ø Mumbai court allows restoration of Nirav Modi's confiscated properties to PNB Ø HAL signs ?5,375 cr contract with US firm for engines to power Tejas jets Ø Sugar rally could help India to export 6 mn tonnes without subsidy Ø Infosys chief summoned by FinMin, asked to explain tax portal glitches Ø The IPO charm is waning; revival hinges on lowering expectations
