Monday, 13 June 2022

@AlliesFin Serve Stock Market's Post

Business News Headlines

Economic Times
Ø Adani group to raise $4.5 billion via a mix of offshore loans
Ø Govt loses challenge to $111 mn arbitration award in dispute with Reliance/Shell
Ø Tencent buys stake worth $264 mn in Flipkart from Binny Bansal
Ø Oil consumers face a summer of pain as China starts coming back to market
Ø Maruti Suzuki dispatches record 2.33 lakh units through Railways in FY22
Ø Banker to 467 million Indians says loan demand is bouncing back
Ø OmniCard launches cash withdrawal facility across all ATMs via e-wallet
Ø IRDAI's new norms to prompt insurers to launch innovative policies swiftly: Experts
Ø Assam joins hands with NLC India to set up 1GW solar power project
Ø FMCG majors including HUL, Britannia, Marico make big gains as inflation blunts small firms' edge
Ø Devraj Lahiri to head ITC's cigarette business
Ø Steel industry seeks government intervention to check coking coal price

Business Standard
Ø IDBI Bank sale: RBI may not relax stake-dilution timeline for new buyer
Ø Goyal pitches for permanent solution for food security with WTO head
Ø Stormy Dhanlaxmi EGM on cards today under a cloud of allegations and exits
Ø IPL media rights auction: Bid amount nearing Rs 50,000-crore mark
Ø India's Airports Authority to procure navigation aid from Russian firm
Ø JSW Infrastructure commissions Rs 1,300-cr Paradip East Quay coal terminal
Ø Ultratech joins race for Ambuja Cements and ACC, submits non-binding bid
Ø Tata Tech eyes acquisitions, 69% growth to nearly $800 mn by 2025
Ø Credit card linkage to UPI: Uncertainty over pricing leaves players in dark
Ø At 1.97 mn, new SIP openings in May lowest in 12 months, shows Amfi data

Financial Express
Ø FPIs pull out Rs 14,000-cr from Indian equities in June on global, domestic concerns
Ø Sugar mills seek easing of export ban, cite high raw sugar stocks
Ø Sebi cautions investors against dealing with unregulated algo-trading platforms
Ø IndInfravit buys five road assets for $1.2 billion
Ø Neobanks provide digital and mobile-first financial solutions to SMEs
Ø Schneider Electric revamps IT partner programme for SME partners to hone skills, co-develop solutions, more
Ø Govt concerned about dip in LIC share price; calls it temporary blip
By: via @AlliesFin Serve Stock Market

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