*Good Morning*
• China, India Point Fingers at Each Other in New Border Talks
• India States Hit by Power Outages as Coal Supply Still Tight
o Spot electricity prices have more than tripled in two weeks
• Invesco Escalates War of Words with Zee, Wants Independent Board
• Billionaire Jhunjhunwala-Backed Akasa to Start Flights in 2022
• India’s Electric Vehicle Ambitions Are Arriving on Two Wheels
• India Power Plant Coal Stocks Rise After 25-Day Falling Streak
• India CCI Imposes Penalties on Firms for GAIL Tender Bid Rigging
• India CCI Approves Internal Restructuring of TVS Group
• Modi, Johnson Discuss India-U.K. Trade, Afghanistan, Climate
• Large Indian Firms May Plan Capital Expenditures Soon: Ind-Ra
• Emerging Market ETF Outflows Hit $1.12 Bln, Most in Over a Year
• Global Funds Sell Net INR13.03b of India Stocks on Monday: NSE
o Domestic funds sell net 3.73b rupees of stocks
• Foreign Investors Sell Net INR24.9B of Indian Equities Oct. 8
• Roaring India Stock Market on Track to Overtake U.K.’s in Value
• Indian Stock Indexes Climb to New All-Time Highs Led by Lenders
• 5:30pm: India Sept. Consumer Price Inflation y/y; est. 4.50%, prior 5.30%
• 5:30pm: India Aug. Industrial Production y/y; est. 11.7%, prior 11.5%
• 10/12-10/15: India Sept. trade balance, est. - $22.9b, prior -$13.8b
o India Sept. Exports YoY, no est., prior 45.8%
o India Sept. Imports YoY, no est., prior 51.7%
• Adani Green Energy (ADANIGR): Says operational capacity nearly doubles y/y to 5,410 MW
• Alembic Pharmaceuticals (ALPM): Says FDA finds co. responses to its observation adequate, compliance verification to be done on reinspection
• Coal India (COAL): Says supplies to power plants rise to 1.5m tons/day
• Delta Corp (DELTA): 2Q net loss 225.7m rupees Vs. loss 549.1m rupees Y/y
• Tata Motors (TTMT): Group 2Q global wholesales rise 24% y/y to 251,689 units
• Ujjivan Small Finance Bank (UJJIVANS): Says total deposits rise 31% y/y as of Sept. 30; gross loan book rises 4% y/y
• Welspun Corp (WLCO): To join H2Pipe project in hydrogern pipelines