HDFC Bank, IGL in Focus, India GDP, Japan Industrial Production, Tata Sons AGM, JioBlackRock MF Launch, Grand Canyon Flood, Nepal Floods

HDFC Bank, IGL in Focus, India GDP, Japan Industrial Production, Tata Sons AGM, JioBlackRock MF Launch, Grand Canyon Flood, Nepal Floods


DAY AHEAD IN DATA WATCH

  • India GDP Growth Rate For Q1
  • Japan Industrial Production Data
  • South Africa Money Supply/Private Credit Data
  • Turkey GDP Data
  • Turkey Unemployment Data
  • Germany State Inflation Data

 

  • HDFC Bank in focus after Sashidhar Jagdishan exit announcement, new CEO succession plan

Shares of India’s largest private lender, HDFC Bank Ltd. will be in focus on Monday, August 31, after MD & CEO Sashidhar Jagdishan announced that he will not be seeking re-appointment for another term once his current tenure ends on October 26 this year.

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  • Record Dates This Week: India Glycols demerger, Multiple PSU stocks trade ex-dividend; Check full list

Multiple state-run companies, including Coal India, ONGC, among others, will trade ex-dividend from this week. This, along with many other companies, will also have their corporate actions taking place during the course of the week. The week will also see India Glycols trade ex-dividend for the demerger of its multiple entities.

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  • Explained – Why today’s MSCI Rebalancing will be different from past instances and key risks

As part of the rebalancing exercise, Laurus Labs, Lenskart, Groww and Adani Energy Solutions could see inflows between $280 million to $400 million, while the three exclusions could see outflows between $110 million to $150 million.

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  • PM Modi’s Uzbekistan visit may lead to a uranium agreement

India and Uzbekistan agreed to elevate bilateral ties to a Comprehensive Strategic Partnership, set a target to increase trade to $5 billion by 2030, and establish a long-term arrangement to supply uranium to India during Prime Minister Narendra Modi’s visit to Tashkent.

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  • Nepal flood victims: Hundreds of unidentified bodies buried in mass graves as death toll rises

Nepal’s scenic Chitwan district, known for its forests and rivers, has become the site of mass burials for hundreds of unidentified victims whose bodies were swept away by the torrent that devastated the Himalayan region days ago.

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  • Grand Canyon flash flood in US leaves up to 20 missing, wipes out park’s only water pipeline

Up to 20 people may be missing or unaccounted for after a flash flood struck Grand Canyon National Park’s Bright Angel Canyon and Phantom Ranch area on 29 August, the National Park Service (NPS) said. An earlier NPS statement had put the figure at around 15.

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  • Indraprastha Gas shares in focus after Delhi CNG price hike by nearly ₹4 per kg

Shares of Indraprastha Gas Ltd (IGL) are in focus on Monday, August 31, after the company raised its compressed natural gas (CNG) prices in Delhi by ₹3.89 per kg over the weekend.With this price hike, the retail CNG price in Delhi is now ₹83.09 per kg. The price hike took effect from August 29.

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  • NASA’s $4.3 billion Roman Space Telescope launches to explore the hidden universe

NASA’s newest crown jewel blasted off Sunday (August 30) to hunt for planets around other stars, explore secret dark energy and survey the cosmos like never before. SpaceX launched the $4.3 billion Roman Space Telescope shortly after daybreak aboard a triple-the-firepower Falcon Heavy rocket from Kennedy Space Center.

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  • They look ordinary, but these 7 medicinal mushrooms have extraordinary histories

Twenty thousand rupees a kilo. That is what a wild mushroom foraged from the forests of Kashmir can fetch today. Medicinal mushrooms are now the fastest-growing food category on earth, yet nothing about them is new. Japan, China, India, Mexico and Scandinavia have been eating them as medicine for thousands of years.

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  • Tata Sons gets 3-month extension to hold AGM; board to decide fresh date on Sept 17

Tata Sons has received a three-month extension from the Registrar of Companies (ROC) to hold its Annual General Meeting (AGM), taking the deadline to December, sources told CNBC-TV18. The extension was sought after the company’s 108th AGM was adjourned on August 18 for want of quorum.

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  • JioBlackRock MF to launch Balanced Advantage Fund in September: Here’s how it will work

JioBlackRock Mutual Fund is set to add a Balanced Advantage Fund to its portfolio, with the proposed scheme using a dynamic asset-allocation strategy to move between equity and debt based on market conditions.

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