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EVENTS
1 Sep: The Supreme Court is due to rule on September 1 on whether to cancel coal block allocations it had deemed illegal. Such an outcome could increase India's import bill by $3 billion.
1 Sep: Non- Manufacturing PMI
4 Sep: April June Current Account Deficit(CAD Nos), Balance of Payments Data EVENTS(GLOBALLY)
4 Sep: ECB policy meeting on Thursday will be eyed on hopes of additional monetary stimulus. Easy global monetary conditions are driving funds to emerging markets. Crude Oil prices will be watched as they continue to hover around 14-month lows.
Stock Specific News
JSPL/Hindalco
Sc Verdict on de-allocation of coal blocks on Sep 1
Cadila Healthcare
Zydus Cadila received the final approval from US FDA to market Telmisartan tablets, an anti-hypertensive drug
Bajaj Electricals
Company won 4 orders worth Rs 602 crore for transmission lines in Tamil Nadu and West Bengal from Power Grid, REC, West Bengal State Electricity Transmission Company.
Educomp Solutions
Educomp Online Supplemental Service Limited, subsidiary of Educomp Solutions, has completed stake sale of its entire 55.41% shareholding in Gateforum Educational Services to ASK Pravi Private Equity Opportunities Fund acting through its trustee IL&FS Trust Company.