FinancialExpress.com
- Aether Industries IPO closes today, grey market premium falls; Should you subscribe?by Kshitij Bhargava on May 26, 2022 at 5:16 am
The Rs 808 crore IPO of the specialty chemical manufacturer is a mix of fresh issue of equity shares and an Offer For Sale (OFS) by existing shareholders of the company.
- Rupee likely to depreciate on strong dollar, elevated crude prices; USDINR pair to trade in this rangeby Harshita Tyagi on May 26, 2022 at 3:38 am
The Indian rupee is expected to depreciate on Thursday on strong dollar and elevated crude oil prices. Market participants fear that tightening of monetary policy across major countries in globe to combat high inflation, may prompt foreign investors to pump out liquidity from emerging markets.
- F&O expiry: Nifty to trade flat-to-negative, use Put Ladder strategy for gains; Bank Nifty support at 33000by guest on May 26, 2022 at 3:30 am
Options data suggest an immediate trading range between 16,250 and 15,750 levels.
MoneyControl.com
- Dr Copper is giving a big warning signal to equity markets!on May 26, 2022 at 4:20 am
The macro as well as the technical picture suggest that a breakdown in copper prices is likely in the coming months, which implies a worsening of financial conditions globally
- Buy Aditya Birla Fashion and Retail; target of Rs 340: ICICI Directon May 26, 2022 at 3:47 am
ICICI Direct is bullish on Aditya Birla Fashion and Retail has recommended buy rating on the stock with a target price of Rs 340 in its research report dated May 25, 2022.
- Buy Jyothy Labs; target of Rs 181: YES Securitieson May 26, 2022 at 3:45 am
YES Securities is bullish on Jyothy Labs has recommended buy rating on the stock with a target price of Rs 181 in its research report date May 24, 2022.
Investing.com
- Week Ahead 21st-25th March: Highlights Include PBoC, Flash PMIs, EU Councilby Newsquawk Voice Ltd on March 20, 2022 at 9:17 am
- Gold Closed 2021 on a Positive Tone Amid Omicron Spikes; What’s Next?by H Sai Sundar Lara Capital on January 3, 2022 at 7:37 am
- Siemens Jumped 5% Todayby Parikshit Singh on December 29, 2021 at 4:42 am
- Capillary Technologies India has Issued Draft Documents for a Public Offeringon December 28, 2021 at 11:52 am
- Nifty Jumped on Upbeat Economic Data but may Stumble Amid Omicron Concernby H Sai Sundar Lara Capital on December 1, 2021 at 8:54 pm
- The Children’s Place May Offer An Opportunity For Bottom Fishingby Davit Kirakosyan on May 25, 2022 at 1:59 pm
- FSL Looks Attractive If Invested For Long Termby Vivek Verma on May 4, 2022 at 7:44 am
- Starbucks’s Fundamentals Are Stronger Than The Stock Would Suggestby Investing.com on April 27, 2022 at 6:00 pm
- Swing Trading Opportunities for the Week Beginning 18-4-22by Umesh Rindani on April 18, 2022 at 2:40 am
- Mohawk Industries’ Stock Looks Cheap: There Are Reasons, And Opportunitiesby Investing.com on April 8, 2022 at 2:00 pm
EconomicTimes.com – Taxation
- Are you really saving your taxes? Know your Tax slabs & review your investment plans now!on January 21, 2020 at 12:28 pm
Understanding Tax saving and planning our investment journey.
NSE – Results
- Lotus Eye Hospital and Institute Limited- Result Declared for Annualon May 26, 2022 at 4:09 am
Audited result for Cumulative
- Lotus Eye Hospital and Institute Limited- Result Declared for Fourth Quarteron May 26, 2022 at 4:09 am
Audited result for Non-Cumulative
- Bartronics India Limited- Result Declared for Annualon May 26, 2022 at 2:09 am
Audited result for Cumulative
- Bartronics India Limited- Result Declared for Fourth Quarteron May 26, 2022 at 2:09 am
Audited result for Non-Cumulative
- Bartronics India Limited- Result Declared for Annualon May 26, 2022 at 2:02 am
Audited result for Cumulative
NSE – Corporate Actions
- Elecon Engineering Company Limited – Ex-Date: 09-Jun-2022on May 26, 2022 at 1:35 am
ANNUAL GENERAL MEETING/FINAL DIVIDEND- RE 1 PER SHARE/SPECIAL DIVIDEND- RS 0.40……
- Asian Granito India Limited – Ex-Date: 09-Jun-2022on May 26, 2022 at 1:35 am
DIVIDEND – RS 0.70 PER SHARE
- Jagsonpal Pharmaceuticals Limited – Ex-Date: 08-Jun-2022on May 26, 2022 at 1:35 am
EXTRA ORDINARY GENERAL MEETING
- Kesoram Industries Limited – Ex-Date: 09-Jun-2022on May 26, 2022 at 1:35 am
ANNUAL GENERAL MEETING
- Eimco Elecon (India) Limited – Ex-Date: 16-Jun-2022on May 26, 2022 at 1:35 am
ANNUAL GENERAL MEETING/DIVIDEND – RS 2.5 PER SHARE
Economic Times – Markets
- Piramal Ent. share price down 0.04 per centon May 26, 2022 at 5:36 am
A total of 5,124 shares changed hands on the counter till 11:06AM (IST).
- Stock market update: FMCG stocks down as market fallson May 26, 2022 at 5:35 am
The 30-share BSE Sensex was down 236.57 points at 53512.69
- Share price of Crompton Greaves falls as Nifty weakenson May 26, 2022 at 5:26 am
A total of 7,150 shares changed hands on the counter till 10:56AM (IST).
Economic Times – Industry News
Autos
- Commercial vehicle sales to stay in fast laneon May 24, 2022 at 7:29 pm
“GST (goods and services tax) collections touched an all-time high last month. Tax collections going up is a good sign,” said Vinod Aggarwal, managing director at VE Commercial Vehicles (VECV). “Potential in the market continues to be very large (despite inflationary concerns).”
- Exports take front seat in Citroen India strategyon May 24, 2022 at 7:20 pm
Apart from sourcing components worth a billion dollars, Citroen will use India as a base for exporting cars to Africa, the Middle East and Asean to begin with, and eventually add left-hand drive markets as well. The whole C-Cube, or the Smart Car, programme is originating out of India. So, there is a huge dimension of engineering exports also from the country, said its top global executives, adding that this would help ensure best cost.
- Volvo Trucks, the first in the world to use fossil-free steel in its truckson May 24, 2022 at 7:14 am
The steel from SSAB is produced using a completely new technology, based on hydrogen. The result is a much lower climate impact than conventionally produced steel. Small scale introduction of the steel in Volvo’s heavy electric trucks will begin in the third quarter of 2022, the truck manufacturer said.
Banks
- Government on course on PSU bank privatisation: Sourceson May 25, 2022 at 4:21 pm
According to sources, the government is committed to the privatisation of two public sector banks and it is on course. Besides, sources also said the divestment of BPCL is also on the card and fresh bids will be invited.
- RBI cancels registration of 5 NBFCs due to irregular lending practiceson May 25, 2022 at 2:10 pm
“The CoR of the (five) NBFCs have been cancelled on account of violation of RBI guidelines on outsourcing and Fair Practices Code in their digital lending operations undertaken through third party apps which was considered detrimental to public interest,” the RBI said.
- Non-disclosure of foreign assets comes back to haunt thousandson May 24, 2022 at 7:13 pm
Some of the summons relate to remitting money that was transferred from another member of the family who has exhausted individual LRS limit for the year. If such fund transfers are not established as a ‘gift’ to the family member, it could be construed as ‘borrowing’ – and therefore a violation – by the latter as LRS investments cant’ be with borrowed money.
Consumer Products
- Packed food prices may rise despite government sopson May 25, 2022 at 7:15 pm
The government has in recent days banned wheat exports, restricted sugar exports, allowed duty-free imports of crude soyabean and sunflower oil up to 2 million tonnes each per year for two years, and cut excise duty on petrol and diesel.
- Steps to stabilise food prices: Govton May 25, 2022 at 6:29 pm
The government had on Tuesday decided to cap export of sugar (raw, refined and white sugar) at 10 million tonnes in the current sugar season from June 1, 2022, and exempt customs duty and agriculture infrastructure development cess on 2 million metric tonnes each of imported crude soyabean and sunflower oil per year for two years.
- Covid scare pushed up trade of aromatic and medicinal oils by 20%: Industry bodyon May 25, 2022 at 4:20 pm
The conference is being organised in Madhya Pradesh for the first time, he said, adding that with the availability of herbs in abundance in the state, their processing can give a fillip to the local economy. Shaktivinay Shukla, director of the central government’s Kannoj-based Fragrance and Flavour Development Centre (FFDC), said that world’s 90 per cent mentha is produced in India and the country has the potential to produce even more.
Healthcare
- Government may ‘rationalise’ drug trade margins in a bid to reduce costson May 25, 2022 at 7:12 pm
The meeting was attended by representatives from the Indian Drug Manufacturers Association (IDMA) and Indian Pharmaceutical Alliance (IPA), The Organisation of Pharmaceutical Producers of India (OPPI), and All India Drug Action Network (AIDAN), among others. The All India Organisation of Chemists and Druggists (AIOCD) has suggested a 10% trade margin for wholesale dealers on PTR (price to retailer) and 20% for retailers on MRP.
- Indian hospitals set for quality upgradation thanks to ISROon May 25, 2022 at 9:48 am
Many healthcare associations approached ISRO in 2016 to learn the best practices in its quality domain and implement them in their emergency care and critical care departments “for reducing mortality rates.”
- Patent infringement lawsuit filed against Natco by Johnson & Johnson, Momentaon May 25, 2022 at 8:02 am
Homegrown pharma firm Natco on Wednesday said Johnson & Johnson and Momenta Pharmaceuticals have filed a patent infringement lawsuit against the company and its marketing partner Mylan Pharmaceuticals Inc, along with others, in the US. Johnson & Johnson and Momenta Pharmaceuticals lawsuit alleges infringement of two old patents associated with 20mg/ml and 40mg/ml Glatiramer Acetate injection, Natco said in a regulatory filing.