Today's Headlines - 13 May 2023
*Economic Times*
India’s retail inflation eases to 18-month low of 4.7% in April
Byju's closes Rs 2,000-crore debt funding from Davidson Kempner
HPCL Q4 Results: Profit jumps 79% YoY to Rs 3,608 crore; revenue rises 9%
Tata Motors Q4 beats estimates, automaker reports consolidated net profit of Rs 5408 crore
Jupiter Hospital files DRHP with Sebi for Rs 900-1,100 crore IPO
Nabard raises Rs 4,929 cr via multiple bonds
India's H1 vegetable oil imports up 21pc; rising refined palm oil shipments cause of concern: SEA
UK economy grows by 0.1% in first quarter of 2023
Taiwan's ProLogium to invest $5 B in French battery plant
EarKart raises funding from Agility Ventures, others
*Business Standard*
Low inflation shows RBI Policy is effective: Governor Shaktikanta Das
IOB net up 19% to Rs 656 cr in Q4FY23, income rises 16% to Rs 5,271 cr
Global PE major KKR sells RE InvIT Virescent to IndiGrid for Rs 4,000 cr
Five major e-commerce firms delist around 13,118 items from platforms
DLF Q4 net profit jumps 41% YoY to Rs 570 crore; revenue down by 5.9%
Bandhan Group, IIFL in race to acquire Aegon Life Insurance: Officials
Cipla's Q4 net profit up 45% at Rs 526 cr on account of robust sales
Pincode clocks 5,000 daily orders on ONDC within month of launch
Five Star Business Finance expects 30% growth in AUM in FY24
Tesla recalls 1.1 million electric cars from China over braking defect
Capex by large state-run firms jump 121% to Rs 53,000 crore in April
In a first, Sebi mulls rules for fractional ownership in real estate
Foreign exchange reserves jump by $7.2 bn to $595.98 bn, says RBI
Trai gives telcos 30 days to check misuse of telemarketing templates
*Financial Express*
Indraprastha Gas Q4 PAT declines 9%, revenue rises over 50%
RBI slaps Rs 2.92-cr penalty on Canara Bank for violating norms
Magicpin reports 100% growth in daily orders on ONDC
Dish TV posts Q4 net loss at Rs 1,720.62 cr, revenue down 21.45% to Rs 504.8 cr
Vedanta net profit falls 57% to Rs 3,132 crore in January-March
Colgate-Palmolive Q4FY23 results: Profit down 2.3% at Rs 316.22 crore
KFC, Pizza Hut operator Sapphire Foods Q4FY23 profit jumps 411% at Rs 135.48 crore
Siemens net profit jumps 62 per cent to Rs 516 crore in March quarter
Industrial production growth slips to 5-month low of 1.1 pc in March
Rupee falls 7 paise to 82.16 against US dollar
*Mint*
Sowing of summer crops starts slow; Area falls 1.2% to 6.9 million
Motherson, HCL, Airtel to feature at investment summit in France
AIIMS Delhi partners with WHO, Duke-NUS on patient safety
Vi records biggest customer exodus in nearly 2 yrs in Feb
Dolomite to invest ₹100 cr to expand Jamie’s outlets
FII invests ₹7,750 cr in Indian equities this week; DIIs sold ₹1,262 cr
Manappuram Finance Q4: Net profit rises 58% to ₹429 crore, dividend declared
By: via Telegram.me/AlliesFin #StockMarket #india
