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Govt to look at alternative monetisation plans for BSNL & MTNL towers | @TimsyJaipuria reports
*Legendary playback singer SP Balasubrahmanyam passes away at the age of 74 *Harley Davidson may join hands with Hero Motocorp *Bihar assembly elections to be begin from October 28 Tune in for the day's top headlines #audiotweet @ShereenBhan
Ratings agency S&P affirms India's credit rating at 'BBB-/A-3' with a stable outlook. S&P expects India's real GDP growth to recover from fiscal 2021 onwards. @latha_venkatesh reports. @ShereenBhan
#CNBCTV18Exclusive | N Jayakumar, MD, Prime Securities tells @_anujsinghal & @SurabhiUpadhyay that markets have got good set of tailwinds with negatives priced in @jakesprime
In a recent rpt, Spark Cap says they refrain from extrapolating current performance of API stocks, beyond CY20. @_prashantnair @sonalbhutra speak to Vijay Garg, Jt MD, IOL Chemicals who says increase in prices of raw materials by China can put some pressure
Order Wins, Buyback Boost | RITES higher in trade after order wins worth Rs 681 cr & Rs 257 cr buyback announcement. CMD Rajeev Mehrotra, speaking with @blitzkreigm @Nigel__Dsouza says they have very good export orders & expect orderbook to add about 10% in near term. @AgamVakil
RBI Rejects Bids Under OMO | The RBI yesterday rejected all the bids it got in the Rs 10,000 cr operation twist. Discussing this with @latha_venkatesh @_soniashenoy, Lakshmi Iyer of Kotak Mahindra AMC says the #RBI does not want major disruptions in the yield curve. @Lakshmi1876
FY21 has seen equity fund raise via IPOs, QIPs & OFS worth over Rs 80,000 cr so far. Will there be enough appetite to absorb this along with large mop-ups planned via InvITs? @latha_venkatesh @_soniashenoy discuss with Prime Database's Pranav Haldea & ICICI Sec's Raghwendra Pande
CARE Ratings expects nearly 18% cut in domestic gas prices starting Oct 1, reports @AnshuSharma02
#MarketOpening | Benchmark indices open higher; HDFC Bank top contributor
#Cipla has received US FDA’s approval for Dimethyl Fumarate DR capsules, used for treatment of relapsing forms of multiple sclerosis. @sonalbhutra tells how this could impact this stock
BPCL: Privatisation Delay? | In a recent report, CLSA says the global environment may limit appetite for #BPCL's acquisitions. @sonalbhutra has the highlights
#CNBCTV18 Newsbreak Confirmed | Government has decided to extend the suspension of #insolvency proceedings for COVID-related defaults by another 3 months. @_ritusingh, who broke this story, gets in more details
Trade Set-up | The Indian market ended September series on worst possible note with the #Nifty collapsing to 200-DMA. However, with better global cues, is there a case for buying today? @_anujsinghal decodes
Follow business news with India's Leading Business News Channel, CNBC-TV18. For more updates, follow us on @CNBCTV18Live.
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