23rd Oct, Morning Brief

SGX Nifty was trading higher about 34 points indicates positive opening at the market.
US stocks hit record closing highs on Friday and the S&P 500 posted a sixth week of gains after the US Senate passed a budget resolution, lifting hopes that President Donald Trump’s tax-cut plan may move forward.
Today, Japanese market jumped as an election win for Shinzo Abe.

🎯 News & Impact 🎯

Listing Today :
IEX

🎯 Granules India :
Gets US FDA Approval For Prasugrel Tablet.

🎯 M&M :
Approves Scheme Of Arrangement b/w Mahindra Two Wheelers & M&M.

🎯 Union Bank Of India :
Bank says Investment of Dai-Ichi Life Holding Inc., Japan in Union Asset Management Company Private Ltd. through Compulsorily Convertible Preference Shares.

🎯 Gayatri Projects :
NCLT , Hyderabad Bench at its hearing held on 10th October, 2017 has passed an order for admission under the provisions of Insolvency and Bankruptcy code.

🎯 Mahindra Lifespace :
Mahindra Lifespace Developers announces JV with HDFC Capital Affordable Real Estate Fund-1 to develop affordable housing projects in India.

🎯 United Bank of India, Bank of Maharashtra, Indian Bank :
Government to sell stake in 8 PSBs.

🎯 Gati :
Greenko Group in talks to acquire Gati Infrastructure's hydro-electric project.

🎯 HCL Infosystems :
Board Approves Rs.499 crore fund raising via rights issue.

🎯 Dr Reddys :
Dr Reddy's Lab recalls Famotidine tablets from the U.S. market.

🎯 Future Group is in an advanced stage of buying out the franchise rights of British retail chain WHSmith in India from Travel News Services India

🎯 TTML :
Tata Tele (Maha) Board Approves Raising Up To Rs.20,000 Cr Via Securities.

🎯 Bhushan Steel :
ArcelorMittal expressing interest to acquire Bhushan Steel.

🎯  IOC :
IOC delayed maintenance shutdown at its 300,000 barrels per day (bpd) Paradip refinery ineastern Odisha state to March - April.

🎯 ONGC: The refiner has drawn a blueprint to raise crude oil production by 4 million tonne (MT) and almost double natural gas output by 2020.

🎯 Inox Leisure : 
Inox Leisure has commenced the commercial operations of Video Cinema, taken on License basis, with effect from October, 21.

Edited by Sharp.
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