Tuesday, October 06, 2020

Top Things To Know Today Morning: The Indian stock market is expected to open in the green. Oil prices climbed more than 5 per cent on Monday. SEBI comes out with uniform timeline for listing securities on private placement basis. Supreme Court has deferred the next hearing on loan moratorium to October 13. SEBI introduces very high-risk category in mutual fund schemes. Office absorption up 64% in third quarter, new completions increase 59%: JLL report Stock Specific News: HDFC Bank’s advances rose 16 percent to Rs 10.4 lakh crore, while deposits increased 20 percent to Rs 12.3 lakh crore, YoY. HDFC Limited’s individual loan approvals in Q1FY21 increased 9 percent YoY but disbursements were down 5 percent YoY. Banks Board Bureau has recommended Dinesh Kumar Khara to take over as the new chairman of State Bank of India. Credit Access Grameen launched QIP issue on Monday at a floor price of Rs 707.69 per share. Britannia board has approved the issue of debenture and payment of a dividend of Rs 12.50. Infibeam Avenues has entered into a definitive agreement with Jio platforms to license. GSFC is set to take up manufacturing of Calcium Nitrate, becoming the first company in India to do so. Tata Motors: JLR retail sales rose 50 percent in Q2FY21. However, sales were down 11.9 percent YoY. Escorts has completed acquisition of 2 crore equity shares of KAI from KBT. PVR has issued NCDs worth Rs 50 crore. Vodafone lenders approve merger of Indus Towers with Bharti Infratel. AirAsia India is getting funds from only Tata Sons and not its Malaysian eponymous parent.

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Tuesday, October 06, 2020 is an episode from India Business News by SumCast.

This episode is 6:13 long.

This episode was published on Oct 6, 2020.

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