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Events to Watch out for – July 7, 2022

Events to Watch out for – July 7, 2022
et now

Photo : ET Now Bureau

New Delhi: It is quite pertinent to keep track of the global economic developments and releases, corporate action as well as important meetings which may dictate the direction of the markets, not just in India but globally. Here’s a comprehensive guide to some of the events and cues that should be on your radar to determine the market momentum in tomorrow’s trading session.

Some of the global economic cues that market participants should keep on their radar are listed as follows:

Economic Release:

US Trade Balance, Initial Jobless Claims

EIA crude oil inventory report

Apart from this, the market calendar for India Inc. also looks action packed with board meets, AGMs and quarterly result disclosures as given below:

Corporate Action:

Last day to buy Jubilant Foodworks to be eligible for dividend
Last day to buy Torrent Pharmaceuticals to be eligible for bonus issue
Ex-dividend date for Astrazeneca Pharma India, Axis Bank, Bank of India, Crompton Greaves, DCM Shriram, Glaxosmithkline Pharma, Indian Card Clothing, Greenlam Industries, L&T Technology services, Nilkamal, Oberoi Realty, etc.

Motilal Oswal Buyback Offer Closes

AGM on July 7, 2022:

Tata Power

Results on July 7, 2022:

Vakrangee

GM Breweries

Additionally, it is quite useful to keep track of Analyst and Investor Meets:

Investor/Analyst Meet:

EKI Energy Services to meet a host of investors through roadshow from July 4-7 in Singapore

KIMS to meet host of investors

Eicher Motors investor call
Samvardhana Motherson International to attend Non-Deal Roadshows organized by B&K sec

GATI meeting with DSP Mutual Fund

Some of the other key events that market participants should watch out for are listed as follows:

Other Events:

G-20 foreign ministers’ meeting convenes in Bali over July 7-8. (Russian Foreign Minister Sergei Lavrov is among those scheduled to attend)
S Jaishankar to visit Indonesia on July 7 to attend G20 foreign ministers’ meet

PM Modi to inaugurate 33 projects of Rs 595.31 crore in Varanasi

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Events to Watch out for – July 6, 2022

Events to Watch out for – July 6, 2022
et now

Photo : ET Now Bureau

New Delhi: It is quite pertinent to keep track of the global economic developments and releases, corporate action as well as important meetings which may dictate the direction of the markets, not just in India but globally. Here’s a comprehensive guide to some of the events and cues that should be on your radar to determine the market momentum in tomorrow’s trading session.

Some of the global economic cues that market participants should keep on their radar are listed as follows:

Economic Releases:

*FOMC Meeting Minutes

*US S&P Global Composite PMI

Apart from this, the market calendar for India Inc. also looks action packed with board meets and AGMs as given below:

Corporate Action:

*Adani-Holcim deal: Open offers for the shareholders of Ambuja Cements and ACC will begin from July 6 and close on July 19

* TVS Motor Company will launch a new motorcycle, TVS Ronin, in India on July 6, 2022

*Power Grid board meet to consider raising funds up to Rs 6,000 crores and sanction term loan of Rs 5,000 crores from Commercial Bank to meet Capital Expenditures

*Oswal Greentech board to consider interim dividend for FY23

*City Union Bank to consider raising capital

*Last day to buy Astrazeneca Pharma, Axis Bank, Bank of India, DCM Shriram, Glaxosmithkline Pharmaceuticals, Greenlam Industries, Minda Industries, Navin Fluorine, Oberoi Realty and Indian Card Clothing to be eligible for dividend

*Last day to buy Minda Industries to be eligible for bonus issue

*Zydus Lifescience Buyback to close

AGMs on July 6, 2022:

*Tata Chemicals

Additionally, it is quite useful to keep track of Analyst and Investor Meets:

Investor/Analyst Meet:

*EKI Energy Services to meet a host of investors through roadshow from July 4-7 in Singapore

*KIMS to meet host of investors

*Tata Motors meeting with ICICI Prudential Asset Management

Some of the other key events that market participants should watch out for are listed as follows:

Other Events:

Mini Defence Expo in Kolkata from July 6-9

Drone International Expo to be held from July 6-7 in Delhi

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State Scan: Noteworthy events took place in last week across India

State Scan: Noteworthy events took place in last week across India

Published: Updated On – 05:02 PM, Sun – 27 February 22

Telangana Instead of waiting for the government’s help, some remote villages of Kumram Bheem Asifabad district are literally converting waste into gold by making profits by adopting efficient waste management practices and are able to achieve financial empowerment.

The villages are segregating dry waste as part of the novel initiative Palle Pragati programme implemented by the government and Swachch Bharat Abhiyan. The remote Mandaguda village of Tiryani mandal alone earned Rs 5,224 by selling plastic, damaged glass, and empty beer bottles. Similarly, Dhaboli village in Jainoor mandal recorded Rs 13,015 by vending dry waste. Many villages are earning money by producing vermicompost fertilizer, branded as ‘Panta Siri.’

Andhra Pradesh

To facilitate darshan for more common devotees at the Lord Venkateswara temple, the Tirumala Tirupati Devasthanams (TTD) has cancelled the VIP break darshan on Saturdays and Sundays. Earlier, the TTD had cancelled VIP darshan on all Fridays. By reallocating the time slot for VIP darshan, the temple body will be able to save at least two hours on the said days, enabling them to provide darshan to at least 3,000-3,500 additional devotees per day. The TTD recently increased the special entry darshan tickets quota as well as the slotted sarva darshan tickets quota to devotees under online and offline modes.

Assam


President Ram Nath Kovind took an elephant safari in Kaziranga National Park on the last day of his three-day visit to Assam. Kovind and his daughter Shweta together rode an elephant, admiring the wilderness and spotting the animals in their natural habitat. Kovind was accompanied by several Assam ministers. They took the ride from Mihimukh point in Kohora range of the national park. The President has also inaugurated a photo and archival exhibition on conservation at Kaziranga. Kovind had arrived in Assam on Friday to participate in a programme launching the 400th birth anniversary celebration of legendary Ahom general Lachit Borphukan at Guwahati.

New Delhi
Popular online discussion platform Reddit, which acquired short-form video social platform Dubsmash late last year, has finally shut down the platform. Dubsmash will not be available to download through the App Store or Google Play. Also, downloaded apps will stop functioning on the same date. “The Dubsmash team has been accelerating Reddit’s video, so parts of Reddit will feel familiar to Dubsmashers,” the company said in the blogpost recently. “Dubsmashers can continue connecting with each other at r/dubsmash and hop over to Reddit to discover an endless stream of new creators and communities that match their many interests and talents,” it added. When Reddit acquired Dubsmash, the app was drawing more than 1 billion video views per month.

Maharashtra

Many parts of Mumbai faced a power outage, which also resulted in the halting of local train services on one of the lines. After over an hour of disruption, the power supply, which had been impacted in south and central Mumbai, started getting restored from around 11 am. The local train services, considered as the lifeline of the country’s financial capital, were halted for an hour. They blamed supply disruption from Tata Power for the difficulties. The city had last faced a major outage in October 2020, which took over 18 hours for the full restoration of services and was blamed on a cyber attack in some quarters.


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