#Government releases Vision Document to achieve target of $300 bn in electronics manufacturing production by #FY26
*Economic Times*
π Bharti Airtel board meet on January 28 to explore fundraise via preferential issue
π Novelis to raise $300-350 mn from Axis Bank in GIFT City
π Shriram Transport Fin Q3 results: Net profit down 6.5% to Rs 681 cr
π IEX Q3 results: Net profit rises 39% to Rs 80 cr
π Exporters seek support measures in Budget to boost shipments
π Indian Digital Infra needs investment of up to $23 bn by 2025: Report
π Govt to facilitate ecosystem for creating indigenous operating system for mobile phones: MoS IT
π Tata Technologies plans to hire 3,000 innovators in next 12 months
π Fintech veterans Amrish Rau, Jitendra Gupta launch $40 million fund with Sweta Rau
π Raise Financial gets $22 million funding from Beenext, Mirae Asset
π Oben Electric secures additional $1 million in seed round from GVK Power, others
*Business Standard*
π Swiggy becomes decacorn, valuation crosses $10.7 bn in new funding round
π Komaki Electric Vehicles launches motorcycle and scooter models
π SBI Cards net profit rises 84% to Rs 386 crore in December quarter
π Axis Bank Q3 net up 224% to Rs 3,614 cr on better interest margins
π Bhavish Aggarwal-led Ola Electric valuation tops $5 bn with $200 mn funding
π Tube Investments to buy 70% stake in e-tractor co Cellestial for Rs 161 cr
π PSUs rush to raise offshore debt for ongoing projects, retiring older loans
π Dental care startup Smikes nets $23 mn from Alpha Wave, Sequoia, Chiratae
π Health and travel platform Hospals raises $3.5 mn in pre-series A round
π Flipkart Grocery expands its service to 1,800 cities across the country
*Financial Express*
π Google set to open new facility in Pune this year
π RattanIndia Power in talks with lenders to recast Nashik plantβs Rs 7,000-crore debt
π Apollo Hospitals ties up with US-based Cleveland Clinic to launch second opinion services
π Supreme Industries Q3 profit down 21.3% at Rs 245.72 crore
π Future Retail misses servicing of interest payment on USD Notes
π Goods dispatches pick up: E-way bill generation up 11.5% for week ended Jan 23
π Centreβs paddy procurement reaches 606.19 lakh tonne in 2021-22 season
π Engineering exports up 54% to $82 billion in April-December, says Union Commerce Ministry
π SEBI proposes framework to regulate ESG rating providers
π Manyavar-owner Vedant Fashions gets Sebiβs go ahead to float IPO
*Mint*
π Infra sector could see 25% rise in allocations for capex
π Retail stores tap into AI to integrate online, offline buyer experiences
π Ambani eyes $3 billion equity raise for green power
π Meesho announces hiring plan for this year to scale tech team
π India administers over 162 crore Covid vaccine doses so far, says govt
π Globalization Partners gets Vista Equity backing at $4.2 bn valuation
π CCI approves GSK intra-group deal
π Advent to acquire controlling stake in Avra Labs from Dr A V Rama Rao and family
π Accell accepts euro 1.56 bln takeover by KKR-led consortium
π Adani Wilmar to use βΉ450 cr from IPO proceeds to tap inorganic growth.
π Bharti Airtel board meet on January 28 to explore fundraise via preferential issue
π Novelis to raise $300-350 mn from Axis Bank in GIFT City
π Shriram Transport Fin Q3 results: Net profit down 6.5% to Rs 681 cr
π IEX Q3 results: Net profit rises 39% to Rs 80 cr
π Exporters seek support measures in Budget to boost shipments
π Indian Digital Infra needs investment of up to $23 bn by 2025: Report
π Govt to facilitate ecosystem for creating indigenous operating system for mobile phones: MoS IT
π Tata Technologies plans to hire 3,000 innovators in next 12 months
π Fintech veterans Amrish Rau, Jitendra Gupta launch $40 million fund with Sweta Rau
π Raise Financial gets $22 million funding from Beenext, Mirae Asset
π Oben Electric secures additional $1 million in seed round from GVK Power, others
*Business Standard*
π Swiggy becomes decacorn, valuation crosses $10.7 bn in new funding round
π Komaki Electric Vehicles launches motorcycle and scooter models
π SBI Cards net profit rises 84% to Rs 386 crore in December quarter
π Axis Bank Q3 net up 224% to Rs 3,614 cr on better interest margins
π Bhavish Aggarwal-led Ola Electric valuation tops $5 bn with $200 mn funding
π Tube Investments to buy 70% stake in e-tractor co Cellestial for Rs 161 cr
π PSUs rush to raise offshore debt for ongoing projects, retiring older loans
π Dental care startup Smikes nets $23 mn from Alpha Wave, Sequoia, Chiratae
π Health and travel platform Hospals raises $3.5 mn in pre-series A round
π Flipkart Grocery expands its service to 1,800 cities across the country
*Financial Express*
π Google set to open new facility in Pune this year
π RattanIndia Power in talks with lenders to recast Nashik plantβs Rs 7,000-crore debt
π Apollo Hospitals ties up with US-based Cleveland Clinic to launch second opinion services
π Supreme Industries Q3 profit down 21.3% at Rs 245.72 crore
π Future Retail misses servicing of interest payment on USD Notes
π Goods dispatches pick up: E-way bill generation up 11.5% for week ended Jan 23
π Centreβs paddy procurement reaches 606.19 lakh tonne in 2021-22 season
π Engineering exports up 54% to $82 billion in April-December, says Union Commerce Ministry
π SEBI proposes framework to regulate ESG rating providers
π Manyavar-owner Vedant Fashions gets Sebiβs go ahead to float IPO
*Mint*
π Infra sector could see 25% rise in allocations for capex
π Retail stores tap into AI to integrate online, offline buyer experiences
π Ambani eyes $3 billion equity raise for green power
π Meesho announces hiring plan for this year to scale tech team
π India administers over 162 crore Covid vaccine doses so far, says govt
π Globalization Partners gets Vista Equity backing at $4.2 bn valuation
π CCI approves GSK intra-group deal
π Advent to acquire controlling stake in Avra Labs from Dr A V Rama Rao and family
π Accell accepts euro 1.56 bln takeover by KKR-led consortium
π Adani Wilmar to use βΉ450 cr from IPO proceeds to tap inorganic growth.
The best thing you can do now, as a swing trader, is to wait until Budget. Just watch the markets or trade with 1 qty if you can't just sit.
Today will be quite a volatile & maybe a down day in #StockMarket
#SGXNIFTY -350 pts
But don't lose heart, think about that chap who π
π’Sold Tata Motors in Panic in March 2020 pandemic low
π’Got allotted Paytm Shares in IPO
π’Put all his money in PMC Bank FD
#SGXNIFTY -350 pts
But don't lose heart, think about that chap who π
π’Sold Tata Motors in Panic in March 2020 pandemic low
π’Got allotted Paytm Shares in IPO
π’Put all his money in PMC Bank FD