▫️Wholesale dispatches of passenger vehicles slowed down due to chip shortage.
▫️Tata sons is set to take over Air India, more than 50 years after it was taken by govt.
▫️Zee Board Of Directors refuse to conduct EGM and moved to court against Invesco (top shareholder).
▫️RBI ordered Dhanlaxmi Bank to speed up appointment of Board of Directors.
▫️ Manufacturing activities rose at faster rate in September than August.
▫️GST collection rose by 23% in September.
▫️Oyo has filed papers for ₹8,340 crores IPO.
▫️IT Dept. imposed ₹8,334 crores capital gains tax demand on Grasim.
▫️West Bengal and Tamil Nadu reported positive growth in per capita income in FY21, against nationwide fall.
▫️Due to rise in crude oil prices, trade deficit spikes by more than 50% in September.
▫️Jet fuel price increased by 5.8%.
▫️There has been surge i power demand of India, resulting in surged demand of coal. Further, over half of India’s coal based power plants have less than 3 days of inventory left.
▫️RIL extends deadline for Future Deal.
▫️ CEAT raised its stake in online tyre purchase and selling company – Tyresnmore.
▫️ Tech Mahindra to acquire IT Consultancy company – Beris Consulting for ₹60 crores.
▫️TATA Group makes open offer to acquire 26% stake in Tejas Networks for ₹1,038 crores.
▫️ Mahindra Lifespace leased about 15 acres of land to Ashiana Housing.
▫️Indian Bank signed pact with Indiabulls Housing for lending to priority sector.
▫️Merck made Covid antiviral pill has shown high efficacy in trial.
▫️US factory growth highest in 4 months in September.
▫️Euro Zone inflation jumps to 13 year high.
▫️Aditya Birla AMC IPO subscribed by 5.25 times.
▫️ India’s forex reserve down by $997 million to $639 billion.
▫️OPEC+ to release more oil to tackle rising crude oil prices.
▫️ India’s export jumped over 21% to $33.44 billion in September.
▫️Telecom Department has imposed fine of ₹2,000 crores on Voda Idea and ₹1,050 crores on Bharti Airtel.
▫️Truck rentals grew 3-6% in September, due to rising demand.
▫️There has been record number of credit ratings upgrade of Indian companies between Apr-Sep.
▫️ Employment rises by 8.5 million in September, highest in 20 months.
▫️Term insurance prices to rise by 40% as reinsurers have increased their rates.
▫️Kerala to reopen cinemas from October 25th.