Thursday, September 24, 2020

India Business News

Top Things To Know Today Morning:

1. The Indian stock market is expected to open gap-down following weak global cues.
2. Oil edges higher after U.S. crude, fuel stockpiles draw down.
3. SEBI gives more time to trustees to appoint dedicated officer.
4. Fed policymakers vow to keep interest rates near zero, call for more fiscal help.
5. RBI discussion paper suggests 'sticky' food prices may be key to deciding policy rates.
6. BSE to launch auto cancellation feature to prevent trade reversals in exclusive stocks.

Stock Specific News:

1. HDFC seeks to raise Rs 5,000 crore via private placement of bonds.
2. Dr Reddy’s Laboratories has received USFDA's nod for Cinacalcet Hydrochloride.
3. Zydus Wellness has launched QIP with a floor price of Rs 1,775.85 per share.
4. Future Consumer's 36.6 lakh pledged equity shares have been invoked.
5. IRCON International has secured work orders valuing over Rs 400 crore from the Ministry of Railways.
6. IIFL Securities has increased its stake in Trendlyne to 20.55 percent.
7. Datamatics Global Services has announced the expansion of its distribution agreement with Ingram Micro.
8. Tata Sons bought shares of Tata Chemicals and Tata Motors DVR through open market transactions.
9. Angel Broking IPO was subscribed 1.46 times on the second day of bidding.