Market Update

Germany's luxury car company BMW today introduced the Limited Edition of the Mini John Cooper Works Hatch in India, with a showroom price of Rs 46.9 lakhs; Maruti Suzuki Limited, the country's largest car manufacturer company, has announced the recall of 40,453 Units of Eeco; SRF Limited, the maker of Packaging Film and Chemical, has been a tremendous profit in the September Quarter; According to pharmaceutical company, Lupin, its cumulative net profit stood at Rs 211.02 crore during the Quarter ended September 30 due to increased sales in the American market; Integrated net profit of Happiest Minds Technologies Limited, a listed information technology company, rose 27.8% to Rs 34.08 crore in the July-September quarter of the current financial year; According to Tata Power, Crisil has upgraded the rating of its non convertible debentures and long term bank facility; RBI has imposed a fine of Rs 15 lakh on two banks of the co-operative sector for not following instructions; Integrated Net Profit of Pidilite Industries increased 9.66% to Rs 356.44 crore in the second quarter ended on 30 September. Stockal provides assistance to retail investors in India, Middle East and South East Asia to ‘globalize’ their savings and wealth by investing money in mature international markets such as the U.S. Stockal aims at simplifying investments for you by monitoring your portfolio better, keeping track of its health, making knowledgeable investing decisions, discovering interesting stocks & investing themes every day so that you don't have to scour through reams of data or depend on unreliable guesswork.

Central Government has given 100% exemption in Income Tax for investing in Abu Dhabi's Sovereign Wealth Fund Company MIC Redwood 1 RSC Limited in India; The 6 discontinued schemes of Franklin Templeton Mutual Fund received Rs 438 crore from Supervisors, Prepayments and Coupon payments at the Second Fortnight of October; Shares of pharmaceutical company, Cadila Healthcare, have seen a huge jump today; Two big private banks ICICI Bank and Axis Bank have changed the rules of Cash Deposit & Withdrawal; Profit in the September quarter of the country's most Valuable company, Reliance Industries Limited, was down 15% compared to last year; Chinese Regulators summoned Jack Ma and his senior officials, the founders of China's e-commerce company, Alibaba, to negotiate; The Competition Commission of India has given permission to Deal to acquire ICICI Lombard of General Insurance Business of Bharti AXA; During the Corona period, there has been a lot of change in the way of payment in online shopping of people.

0:04/6:14 Indian Oil Corporation| Gold ETF | Retail Sales| PUBG| Industries Growth| Auto industry| In Hindi 4,887 views 540 4 Share Save Report  FinnovationZ Updates 104K subscribers SUBSCRIBE Published on Oct 30, 2020 Indian Oil Corporation has released the results of Second Quarter; Gold ETF has net investment of over Rs 2,400 crore in September quarter; Retailers are afraid of raising the head of the epidemic again; From today onwards, no Indian will be able to play PUBG Game on their Smartphone, Computer and Tablet; Concern over industry output still remains for Economy; The country's largest car company Maruti Suzuki India has said that there is no need for immediate reduction in GST on Passenger vehicles; Cricketer Yuvraj Singh has acquired a large stake in Invest in Nutritional Products Startup Wellversed.

Orient Electric's Net Profit rose more than 6 times in the second quarter of the current financial year, to Rs 32.42 crore; According to Central Depository Services Limited, its branch located at the International Financial Services Center in Gift City, Gujarat has been recognized as a foreign depository; Blue Star's Second Quarter results are weaker than anticipated; Bareilly Air Port of Uttar Pradesh will be ready by next month; According to Yes Bank, Swaminathan Janakiraman, Nominee Director of State Bank of India, has resigned from the bank's board on 28 October 2020; Larsen and Toubro, associated with various businesses including engineering, has received a Rs 25,000 crore contract from the government; This year's Presidential Election in the US is going to be the most expensive Election in US history; Granules India shares have risen significantly in the midst of Uncertainty caused by the Covid-19 epidemic.

The stock of Bharti Airtel saw huge fluctuations today due to the mistake of NSDL; Wipro Limited has teamed up with SAP SE to create a cloud based solution for the real estate industry; BigBasket, the country's largest e-grocery company, is set to sell its Majority Stake to the Tata group; Titan received a standalone profit of Rs 199 crore in the September Quarter; Major IT company, Cognizant has appointed Rajesh Nambiar as Chairman & Managing Director and Special Executive Committee member of its Indian operations; SBI General Insurance, the general insurance company of the private sector, increased its profit after tax by 53% to Rs 300 crore in the first half of the current financial year; According to Microsoft, he, along with National Skill Development Corporation, will teach digital skills to more than 1 lakh women during the next 10 months in India; According to International Data Corporation, the emphasis will be on digitization in the Global Economy and between 2020 and 2023 IT will cost 6800 Billion US dollars.

Businessman Anil Agarwal's mining company Vedanta Limited may announce the Dividend to its shareholders on Saturday; Flipkart Group's Cash & Carry Business Unit 'Best Price' has announced the opening of new wholesale stores in Tirupati; Dr Reddy's Laboratories has shut down services of all data centres after a cyber-attack; Suzuki Motor Gujarat Private Limited, a subsidiary of Suzuki Motor Corporation, has crossed the data to produce 1 million vehicles; Gland Pharma has received the approval of the market regulator, SEBI, for an IPO issue of Rs 6,000 crore; Vistara, a company providing aviation service, will operate additional flights from Delhi and Mumbai to Goa from Sunday to meet the increased demand; Volkswagen Passenger Cars India has appointed Ashish Gupta as Brand Director for Indian operations.

The small and midcap stocks that rose from September Quarter were on the radar of Leading Investor Rakesh Jhunjhunwala; Amidst the corona epidemic, Amazon extended work from home facility to 30 June 2021; Amazon and Flipkart have sold around 3.5 Billion Dollar in the last 4 days; The Mumbai International Airport Authority has decided to collect users development fees from Passengers due to decreased earnings; According to Larsen and Toubro, a company in the infrastructure and engineering sector, it has received several contracts from various fields in the domestic market; In this festive season, the country's largest bank State Bank of India has given a big gift to its customers; Hindustan Zinc, the owner of the rights of Vedanta Limited, has announced a Dividend of Rs 21.30 per share to its investors after the September Quarter result announcement.

Today the IPO of EQUITAS SMALL FIN BANK will open; Wipro Limited has received a 5-year contract for application management and service integration and management from Fortum; Taxmantra Global has announced the creation of its single investment banking and private investment unit 'ProfitBoard Ventures' to support technology-based startup companies in India and Southeast Asia; RMZ CORPORATION has announced the sale of 1.25 crore square feet, Real Estate Assets and Co-working business, Brookfield, for around 2 Billion Dollars; Shapoorji Pallonji Group, a company of Cyrus Mistry, has withdrawn the letter alleging Irregularity in winning the bid by Tata Group for the construction of New Parliament building; Property registration, in most areas of the National Capital Region, has exceeded or reached the Statistics of September last year; Online shopping among people has increased in the Corona era; The country's largest car company Maruti Suzuki India, along with Orix Auto Infrastructure Services, has launched the Vehicle Membership Program for individual customers in Hyderabad and Pune.

HCL TECH has released Second Quarter Result; Focus is on bringing the trade back on track in the economy that has moved towards Unlock in the Corona crisis; September was a good month for companies making motor vehicles; Good news for Reliance Jio, LIC and Indian Startups; Berger Paints India Limited has now entered the segment of hygiene and hygiene products; Petrol and diesel sales are picking up in the country, indicating a return to economic activity before the festive season; Jaguar Land Rover, a Tata motors company, has recalled 85% of its vacationers sent to the UK; LIC, the country's largest insurance company, has earned a lot in Equity in the last 6 Months.

The Income Tax Department has issued more than Rs 1.23 lakh crore Refunds to more than 38 lakh taxpayers during April 1 to October 13; According to Reliance Industries Limited, it has received Rs 5,550 crore from Global Investment Firm KKR for investment in its retail unit; The listing of Likhitha Infrastructure is not very attractive; Entertainment has returned from today in theaters closed after 7 months in the Corona transition period; The entire thrust of the Tata Group is now to increase its presence in Ecommerce; ICICI Bank has launched a new service on WhatsApp for its customers; The National Pension System for Government employees, started from 1 January 2004, is now beginning to attract the corporate world as well; Hyundai Motor India is continuously focusing on Made in India.