News Headlines from Business News Agencies:
Business Standard
• India Grid Trust to consider raising of debt through various sources
• Apple India business grew in double digits YoY, set quarterly record: Cook
• Unlikely weather in the north hits AC, ice cream, soft drink business
• Bank of India Q4 net more than doubles to Rs 1,350 cr on improvement in NII
• EV sales across categories see yearly rise in April, shows FADA data
• Paytm Q4 results: Revenue rises 51%, loss narrows to Rs 168 crore
• India witnesses 18% surge in weekly cyber-attacks in Jan-Mar 2023: Report
• Lupin to acquire French pharma company Medisol for around Rs 160 crore
• ABFRL to acquire controlling stake in TCNS Clothing for Rs 1,650 crore
• Federal Bank Q4 profit up 67% at Rs 903 cr
• Marico Q4 results: Net profit up 20.3% to Rs 302 cr, revenue rises 3.6%
• Tips Industries signs global music deal with Sony Music Publishing
• TVS Motor partners with KidZania for motor racing for young riders in India
Economic Times
• Britannia Q4 Results: Cons PAT surges 47% YoY to Rs 559 crore, sales up 13%
• Muthoot Microfin Q4 net profit nearly doubles to Rs 102 crore
• Banks, NBFCs are going to lead the economy higher: Ajay Bagga
• TVS Credit to focus on enhancing leveraging data and technology
• Healthtech SaaS startup THB raises $20 million
• India considering allowing foreign investment in nuclear power
• SJVN bags 100 MW solar power project in Rajasthan
• India's forex reserves rise $4.53 billion to $588.78 billion
• India's commercial property sector is strong and stable: Report
• 6 GHz not used for 5G globally should be delicensed: BIF to DoT
• Foxconn's April sales fall 12% on slowing smartphone business
• CRO market still very much untapped in India: Cyndrella Carvalho
• 5G smartphone shipments grow 14% in India in Q1 2023: Report
• PropertyPistol raises Rs 45 crore from ICICI Bank, Baring Private Equity Partners
Mint
• Global gas supply to remain tight in 2023 amid lower Russia deliveries to Europe
• Piramal Enterprise Q4: NBFC posts net loss of ₹196 cr
• SJVN secures 100 MW wind power project in Gujarat
• Britannia reports 47% growth in net profit
• Adani Power Q4 PAT rises to ₹5,242 crore
• IndiGo announces additional flights in violence-hit Manipur
• DCB Bank Q4 earnings: PAT up 25% YoY, NII rises 27%
• Coal ministry aims to complete 67 FMC projects by 2027
• Ajanta Pharma Q4 earnings: Net profit down 19% in Q4, R&D expenses up 7%
• ACME Group and Indraprastha Gas join hands for green hydrogen opportunities
• ONGC appoints Manish Patil as director of human resources
• Marico re-appoints Saugata Gupta as MD & CEO for two years
• 360 One Wam reports 14% PAT growth in FY23
• Shopify to Lay Off 20% as It Sells Logistics Business to Flexport
• Manappuram Finance clarifies: ED action against promoter, not company
By: via Telegram.me/AlliesFin #StockMarket #india
