Wednesday 21 June 2023

Telegram.me/AlliesFin #StockMarket #india's Post

*News Headlines from Business News Agencies:*

*Business Standard*

• Google scouts for suppliers to move some Pixel production to India
• IndiGo has flexibility to decide 2035 size, says CEO Pieter Elbers
• Uttar Pradesh's farm exports increase 5% to Rs 19,000 crore in FY23
• Barings PE, ChrysCapital acquire 90% stake in HDFC Credila for Rs 9,060 cr
• Leadership at global institutions like UN needs to be re-evaluated: PM Modi
• Centre planning to stop subsidies of firms found violating FAME-II norms
• Daniel Zhang to step down as Alibaba CEO, Eddie Wu Yongming to succeed him
• LT Foods is eyeing Rs 11.5K-crore revenue in 5 years: CEO Ritesh Arora
• Sebi order 'unjustified and unwarranted', Zee Ent argues before SAT
• Urge farmers to cultivate millets, pulses: FM Nirmala Sitharaman to Nabard
• Foodgrain prices increase up to 15% in 2 weeks due to delays in monsoon
• Pidilite to manufacture Litokol and Tenax products from Italy in India

*Economic Times*

• Spacetech startup Digantara raises $10 million in latest funding
• Carlos Ghosn sues Nissan for $1 bln in Lebanon-lawsuit
• Seven medicines manufactured in India flagged ‘toxic’ by WHO
• Suzuki Motor Company freezes car & bike plants in cash-strapped Pakistan due to import restrictions
• SBI MD Swaminathan Janakiraman appointed as RBI's deputy governor
• IIFL Securities to approach SAT against Sebi order on taking up new clients
• L Catterton pumps $60 million into pet food maker Drools at $600 million valuation
• SpiceJet suspends flights on Puducherry- Bengaluru- Hyderabad route
• Biparjoy Cyclone: LIC announces relaxations for victims of cyclone
• BharatPe appoints Partha Pratim Sengupta as nominee director in Unity Bank
• Hyundai Motor to invest $85 billion by 2032 to accelerate EV plans
• Medtech firm Surgalign files for Chapter 11 bankruptcy

*Mint*

• Airtel partners Matter Motor Works to deploy IoT in Aera e-bikes
• Cement prices likely to dip 1-3% this FY despite healthy demand: Crisil
• Construction material firm Infra.Market to raise $150 mn from Varde Partners
• Delta Corp reappoints Ashish Kapadia as MD for 5 years
• China riding on high demand for Nvidia AI chips
• HDFC Mutual Fund launches its first non-cyclical consumer fund
• Thales in talks with Adani, Reliance for drone management
• Max Life Insurance invests ₹49.5 crore in Capital Small Finance Bank
• Norwegian fund commits equity, guarantees for Enel Green Power’s wind plant
• Intel to invest $25 billion to build factory in Israel
• Hasmukh Adhia, Principal Adviser to Guj CM, appointed as Director & Chmn of Gujarat Mineral Development Corporation
• BEL order intake at Rs 5,900 crore in FY24 till date
By: via Telegram.me/AlliesFin #StockMarket #india

AlliesFinServe #StockMarket #Bharat Telegram.me/AlliesFin's Post

*India Daybook – Stocks in News* *Kirloskar Oil:* Net profit up 86.1% at ₹146.8 cr vs ₹78.9 cr (YoY) Revenue up 20% at ₹1,660 cr vs ₹1,383...