India, today.
The stories worth research and the dated events still to come, as the day’s reports told them, written twice a day. Every line links to the report it came from.
Written . Mool writes the notes from the day’s reports; the sources are the publishers’ own, and nothing here is a view on a security.
India notes
Stories
CompanyReliance Industries
Reliance Industries reported September-quarter growth, driven by its oil-to-chemicals segment
Economic Times
Economy
October GST collections rose 22.9% year on year to ₹2.31 lakh crore
Economic Times
CompanyIndian Oil Corporation, Bharat Petroleum, Hindustan Petroleum
IOC, BPCL and HPCL reported combined September-quarter profit of ₹30,106 crore
Economic Times
SectorMaruti Suzuki
Passenger-vehicle wholesales rose 12.4% year on year to 528,384 units in October, with Maruti Suzuki leading growth
Business Standard
CompanyPower Grid Corporation of India
Power Grid reported an 8.41% year-on-year rise in September-quarter consolidated net profit to ₹3,866.16 crore and approved a ₹3 interim dividend
CNBC-TV18
Economy
FPIs withdrew ₹34,843 crore from Indian equities in October, then turned net buyers toward month-end
The Hindu
Economy
RBI’s net short dollar-forward position reached a record $239.2 billion at the end of September
Business Standard
Policy
SEBI is working to delist companies with no economic activity, citing their potential use in market manipulation
Moneycontrol
Economy
Retail prices of rice, sugar, mustard oil and onions were higher year on year amid low kharif yields and sluggish rabi sowing
Financial Express
Policy
SEBI proposed allowing exchange and depository subsidiaries to reinvest earnings in related data, analytics and technology businesses
BusinessLine
Policy
SEBI said it is working to simplify fundraising and reduce compliance burdens in capital markets
BusinessLine
Global
The IMF said exchange-rate flexibility should help India absorb energy shocks and retained its 7% growth projection
Economic Times
Economy
Foreign selling of Indian government securities slowed, while oil prices and global yields remained risks
Economic Times
Global
AI-spending concerns weighed on technology shares and broader markets, while geopolitical risks supported crude prices
Economic Times
IPOCarlsberg, Pernod Ricard, The Coca-Cola Company
Carlsberg, Pernod Ricard and Coca-Cola are advancing plans for potential listings of their Indian businesses
BusinessLine
Sector
India’s September-quarter earnings season has shown strong sales growth alongside pressure on operating margins
Financial Express
Ahead
Modi meets Niti Aayog leadership
PolicyEconomic Times, 31 Oct
Make the next brief relevant to your holdings.
10 days of Pro, or of Firm on a work email address to start. No card needed.