Thursday 23 June 2022

@AlliesFin Serve Stock Market's Post

Business News Headlines

Economic Times
Ø Future Enterprises defaults on Rs 6.07 cr interest payment for NCDs
Ø NIIT CEO explains the rationale behind the demerger of its two verticals
Ø Britannia weighs dairy pact with restaurants
Ø South Indian Bank to seek shareholders' nod to raise Rs 2,500 cr in Jul AGM
Ø TCS could roll out chip based e-passports by the end of 2022
Ø MFs can invest in international stocks but can’t breach the limit: AMFI
Ø JPMorgan overweight on LIC, says D-Street mispricing stock
Ø Jio-bp, Nayara Energy ask dealers to sell less, keep pumps open
Ø Small steelmakers cheer input cost cut as big rivals fret over export duty
Ø Rice price rise a concern as food inflation accelerates in India
Ø RBI lifts business restrictions on Mastercard
Ø Leather, sports goods, textiles to gain from FTA with EU: Piyush Goyal

Business Standard
Ø HDFC Bank to shift payments from core banking, plug downtime
Ø Adani among 11 bidders in race for CIL's Rs 3,100-cr coal import tender
Ø Zerodha, Upstox, Canva services affected as brief outage hits Cloudfare
Ø Jio adds 1.68 mn mobile subscribers in April; Airtel gains 810,000 users
Ø Sebi allows mutual funds to resume investing in international stocks
Ø Demand, margin worries weigh on aluminium producers as crises continue
Ø Q&A Will buy Indian stocks if Nifty drops to around 14,000 levels: Chris Wood
Ø India likely to impose ceiling on next season's sugar exports: Report
Ø India now the fourth largest gold recycling country: World Gold Council
Ø Govt extends telecom PLI scheme by a year, ups incentive by Rs 4,000 cr

Financial Express
Ø ONGC seeks minimum $17 price for Bokaro coal gas
Ø RBI extends deadline for complying with consent norms for credit cards
Ø Canara Bank aims to improve bottom line further with balanced focus on retail, business lending
Ø MSMEs will have to embrace lean digital thinking to acquire digital mindset
Ø Indian Railways to invest Rs 50 crore in startups annually; innovators to retain their IPR
Ø Delhivery doubles down on D2C sector with same-day delivery service
Ø Bank stocks attractive, says HDFC MF’s Prashant Jain; finds D-Street valuations reasonable now
Ø Canara Bank, HSBC see growth potential in life insurance JV
Ø Vision Document: RBI sees digital payment transactions trebling by 2025
By: via @AlliesFin Serve Stock Market

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