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RELIANCE INFRA : Gets SEBI Nod For Rs 2,500 Cr InvIT RELIANCE INFRA : Reliance Nippon Life AMC Is The Investment Manager To The InvIT RELIANCE INFRA : Axis Capital, DSP Merrill Lynch & UBS Securities Acting As Global Coordinators RELIANCE INFRA : SBI Capital Markets & Yes Securities Acting As Book Running Lead Managers SOURCES TO BTVI : Reliance Infra InvIT IPO Likely To Open In 2 Weeks EARNINGS REPORT : Sanghi Inds Q4 PAT Rs 26.2 Cr Vs Loss Of Rs 2.5 Cr YoY EARNINGS REPORT : Sanghi Inds Q4 Total Income Rs 274 Cr Vs Rs 344 Cr, Down 20.3% YoY EARNINGS REPORT : Sundram Fasteners Q4 PAT Rs 87.6 Cr Vs Rs 87.2 Cr YoY EARNINGS REPORT : Sundram Fasteners Q4 Total Income Rs 832 Cr Vs 768 Cr, Up 8.3% YoY IDEA CELLULAR F&O CUES : Long Put Addition Seen At 75 Strike, Open Interest Up 10x IDEA CELLULAR F&O CUES : High Short Call Additions Seen At 80 Call, Open Interest Up 23x IDEA CELLULAR F&O CUES : Bayer Crop Q4 Rs 253 Cr Vs 485 Cr Down 48% YoY

Govt Announces New Export Incentives

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July 31: Referring to the government’s concerns regarding weak exports and the continuing trade imbalance, Commerce Minister Anand Sharma announced incentives and SOPs to support domestic manufacturing and boost exports. The measures, effective August 1, include a 3% interest subvention for exporters and clearing of exporters’ unpaid claims.