Pre Market Report

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News Shots Reliance Industries is in talks to invest between $200 million and $250 million in InMobi’s lock screen content platform Glance. Lenders led by State Bank of India (SBI) are set to log recoveries of Rs 37,400 crore this week, as Piramal Capital and Housing Finance’s (PCHF) acquisition of Dewan Housing Finance (DHFL) should […]
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News Shots Zee Entertainment’s largest investor Invesco once again called for an extraordinary general meeting (EGM) to discuss the ouster of three directors showing that the tussle for control continues. Jindal Steel and Power aims to start mining at Kasia iron ore block within a month, after announcing on Thursday it won the block, which […]
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News Shots YES Bank, the largest shareholder of Dish TV India, has asked the satellite television service provider to hold an extraordinary general meeting (EGM) of shareholders and act on its recommendations to reconstitute the company’s board. India’s largest telecom operator Reliance Jio added 65 lakh mobile subscribers in July, outpacing rivals, and Airtel added […]
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News Shots Telecom operator Bharti Airtel’s Rs 21,000 crore rights issue will open on October 5. Adani Ports has concluded the acquisition of the remaining 10.4 percent stake in Gangavaram port from the Andhra Pradesh government for Rs 645 crore. Vodafone Idea will seek board approval afresh to raise funds after the government issued detailed […]
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News Shots Infosys announced its collaboration with digital workflow company ServiceNow to provide enterprise-level service management for customers in manufacturing industries. The private lender Kotak Mahindra Bank announced its foray into the healthcare lending space, where it will be taking exposures of up to Rs 15 crore apiece. Zee Entertainment has signed a merger deal […]
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News Shots Larsen & Toubro said its wholly-owned subsidiary won a significant order from Petronet LNG. Adani Ports’ acquisition of over 10% stake in Gangavaram Port Ltd from the Andhra Pradesh government was approved by the Competition Commission of India(CCI). Yes Bank announced a partnership with Visa for credit card issuances, after RBI paused issuance […]
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News Shots Wipro announced the launch of the Wipro-Google Cloud Innovation Arena in Bengaluru to accelerate the adoption of cloud services. Hero MotoCorp is set to launch a Harley-Davidson model bike with retro styling and entering the premium motorcycle space. Cadila Healthcare received approval from the USFDA to market Vortioxetine Tablets, used to treat depression, […]
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News Shots Hero Motocorp will increase the price of its entire model range by up to Rs 3,000 from next week in order to partially offset the impact of rising input costs. Kotak Mahindra Bank acquired the German carmaker Volkswagen’s captive vehicle finance business for an undisclosed sum. JSW Steel has raised USD 1 billion […]
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News Shots The Centre approved a PLI scheme for the auto sector, especially focusing on environment-friendly automobiles such as electric vehicles (EVs). The over Rs 25,000 crore scheme is likely to boost the production of components as well as give a push to the sector. Auto Stocks to be watched. The telecom services providers like […]
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News Shots Most Asian markets are in the red today after the U.S. announced its inflation data which showed lower than expected inflation for the month of August. Interestingly, SGX Nifty is indicating a gap-up currently. Life Insurance Corporation(LIC) of India’s stake in LIC Housing Finance increased to 45.23% from 40.31% after preferential allotment of […]
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News Shots Reliance Industries has delayed the launch of its ultra low-cost smartphone it is developing with Google, to Diwali, possibly due to semiconductor shortages that the industry is facing. International rating agency S&P maintained Bharti Airtel’s credit rating of “BBB-“, and upgraded outlook to stable from negative, indicating the company’s improved financial status and […]

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