*Business News Headlines*
*Economic Times*
Ø India Inc needs to step on the capex pedal for growth
Ø Rising funding costs weigh on pvt banks
Ø IT mid-caps stick to steady growth amid uncertain macros
Ø Jaiprakash Associates defaults
on $508-million loan repayment
Ø China’s manufacturing shows signs of struggle
Ø Kerala gratuity order to cause
irreparable loss: HDFC Bank
Ø Carmakers hit the gas with 81 new model launches this year
*Business Standard*
Ø Electric two wheeler sales skid by a fourth
Ø Sebi’s Adani probe hits a wall with offshore regulators
Ø Ola to repay customers for
separately billed chargers
Ø Tata Capital in talks to raise ₹10K cr via debt
Ø Maruti remains vulnerable to
supply-side bottlenecks: Official
Ø Coforge scouting for acquisition
in data, Cloud, health care: CEO
Ø Macrotech to invest ₹4,500 cr in
construction of real estate deals
*Financial Express*
Ø Jio & Airtel may face Trai red flag on unlimited 5G
Ø 10 FMCG brands join ₹1,000 cr club
Ø Power bills to soar this year as coal, transport costs rise
Ø Reliance-BP, Nayara begin
selling fuel at market rates
Ø Pharma foray gives a booster shot to PI Ind; Q4 earnings in focus
Ø UltraTech’s valuation may get volume push
Ø 40% of our new engineering hires will be based in India: Notion CEO
*Mint*
Ø Bill shock ahead on imports, transport
Ø Promoters pare pledges by record $11 bn in Q4
Ø Centre will step in if traders hoard pulses and prices rise
Ø Rising prices and volumes may
propel earnings for steelmakers
Ø India and Russia to weigh RuPay
and Mir cards acceptance
Ø FPI buying hits 4-month high;
markets poised for more rally
Ø US Fed confronts mistakes as hiking cycle nears end
*Business Line*
Ø Don’t increase unsecured loans exposure: RBI to bank
Ø Govt may relax eligibility norms for textile PLI
Ø IDFC First Bank posts record
PAT of ₹803 crore in fourth quarterØ Retailers clock modest growth of 6% in March: RAI
Ø E-Gaming Federation to set up
selfpolicing bodies by monthend
Ø Byju’s fundraise plans may face a hurdle
Ø Govt will frame policy in line with
changing needs of auto industry
By: via Telegram.me/AlliesFin #StockMarket #india
