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26 Feb 2023 - Updates - Stock Market - Trading


📝 India set to become 3rd largest economy in five years: Piyush Goyal

📝 US retailer Foot Locker in talks with Metro brands to enter India

📝 Phoenix Mills acquires 5.5 acre land parcel in Kolkata’s Alipore for over Rs 414 crore

📝 Tube Investment India arm TI Clean Mobility to raise Rs 3,000 crore by Mar 2024

📝 India asks IMF, FSB to prepare technical paper on regulating crypto

📝 India, UK finance ministers agree to make further progress on FTA

📝 India & Sri Lanka review defence & security cooperation at annual defence dialogue

📝 Multiples PE invests Rs 1200 cr in Murugappa group company

📝 Nokia phone maker HMD to set up production in Europe

📝 PM Modi, German Chancellor Scholz hold wide-ranging talks to boost ties

📝 Jack Ma-backed Ant Group plans to pare stake in Vijay Shekhar's Paytm

📝 Mahindra Racing withdraws from Formula E due to rear suspension concerns

📝 Delhi govt's decision to allow electric bike taxis to hit thousands: Uber

📝 Private consumption likely to take a hit on India's IT sector squeeze

📝 Startup GoMechanic announces turnaround in core business in January

*Financial Express*

📝 Differences persist over debt relief to distressed nations: IMF chief

📝 FM Nirmala Sitharaman meets heads of World Bank, IMF; discusses debt restructuring

📝 NSE Indices launches Nifty India Municipal Bond Index

📝 Berkshire Hathaway's earnings drop by 14% in 4th quarter

📝 Earthquake of magnitude 6.5 hits New Britain region

📝 Blackstone's CEO Steve Schwarzman receives over $1 bln in pay, dividends in 2022

📝 Russia halts pipeline oil to Poland, says PKN Orlen refiner

📝 Gig workforce witness 5X demand growth after mass layoffs: Report

📝 Pace of FPIs equity selling slows in Feb so far, outflow over ₹2,300 cr

📝 Tube Investments arm Tl Clean Mobility to raise ₹3,000cr to fuel EV platform

📝 ABB India to invest ₹1,000 cr in India in next 5 yrs; opens facility in Nashik

📝 Govt working to improve health infra under ESIC: Minister

📝 Reliance General Insurance going strong, gross written premium rises 13% YoY

📝 APEDA inks pact with Lulu Group to promote millets in GCC countries.
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 3 Fundamentally strong stocks with a high credit rating

 

📍 HCL Technologies 📍

📮 ICRA has reaffirmed its long-term rating [ICRA]AAA (Stable) and short-term rating [ICRA]A1+ to the company in respect of its bank limits during the financial year under review. Fitch has assigned a long-term credit rating of A- with a stable outlook to HCL Technologies. 

📍 Exide Industries 📍

📮 Exide Industries has a credit score of A1+ on its short-term debt instrument (Commercial papers) and AAA on its long-term banking facility (Fund based and Non-fund based facility) from ICRA. 

📍 Tata Steel 📍

📮 Moody’s has a corporate family rating of Ba1 with a positive outlook, while Standard & Poor’s has a long-term corporate credit rating of BBB- with a positive outlook.

📈 @indian_stock_share_market
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