Morning Business News Headlines
-> Sterlite Power wins order for Rs 324-crore transmission project. Readmore
-> Tata Coffee on Monday reported a 26.55 % growth in consolidated net profit during the September quarter at Rs 53.66 crore.
-> Adani Ports and Special Economic Zone on Monday said the company has raised Rs.1,000 crore by allotment of secured, redeemable, and non-convertible debentures (NCD) on the private placement basis.
-> The Centre has infused Rs 1,31,000 crore to boost agriculture and allied sectors with special emphasis on becoming an export-oriented economy as India has tremendous potential to satiate global demand, Union Minister Shobha Karandlaje said on Monday.
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-> The travel market in India, which was worth about $75 billion in FY20, is expected to cross $125 billion by FY27, says report.
-> UltraTech Cement’s net profit of ₹ 1,313.53 crore for second quarter of 2021-22, was 23 per cent down from ₹ 1,702.63 crore of June-end period
-> RBI has penalised the country’s largest lender SBI for not complying with specific directions, and imposed a fine of ₹ 1 crore on it
-> HCL Tech reported a net profit of ₹ 3,259 crore in the quarter ended September 30, compared to ₹ 3,143 crore in the corresponding month last year, marking a growth of four per cent year on year
FII and DII data
FII & DII TRADING ACTIVITY: 18 October
*FII bought Rs. 512.44 crore
*DII sold Rs. 1,703.87 crore
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