Monday 26 June 2023

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

*News Headlines from Business News Agencies:*

*Business Standard*

• India, Egypt elevate ties to 'strategic partnership' during PM Modi's visit
• Lenders set to extend Rs 400 crore to Go First to see it fly again
• Adani Group eyes Rs 90,000 crore EBITDA in next 2-3 years
• Third G20 infra summit meet from Monday with an eye on sustainability
• India to remove retaliatory customs duties on eight US-origin products
• Commuter bike segment sees moderate growth in FY24 as challenges continue
• Paytm can add 15 mn new customers for soundbox devices in next 2-3 years
• SBI to revamp Wealth Management biz, rope in consultant to firm up roadmap
• India to account for 12% of global m-cap by 2075; GDP to surpass US
• Inflation is slowing down personal consumption expenditure: RBI report
• Reserve Bank of India purchased $7.7 billion in April, highest in 2 years
• Drone manufacturing firm ideaForge raises Rs 255 cr from anchor investors

*Economic Times*

• Byju’s assures shareholders, says it will file financial statement by September
• 'Predator' drone deal to bring countries to India's doorstep for MRO services: Ex-defence secy
• India, Bangladesh need to accelerate economic and digital connectivity to optimize bilateral ties
• More than two-thirds of Rs 2,000 notes returned within a month of withdrawal: Das
• PM Modi discusses energy security, economy with Egyptian CEO, oil strategist
• Monsoon hits east Madhya Pradesh, likely to cover entire state by June 29: IMD
• Govt kept same rules for Indian, foreign firms while procuring Covid vaccines: Mandaviya
• World Bank approves USD 255.5 million loan to improve technical education in India
• Will strive to get CPI down to 4 pc; El Nino a challenge for food inflation: Das
• Govt eases policy related to export of certain types of drones, UAVs
• Govt to sell wheat and rice in open market to control prices
• Maharashtra govt advises farmers to hold back kharif sowing

*Mint*

• L&T, UAE co eye ₹4,400 cr NLC project
• REC to provide ₹3,045 cr finance to Bangalore Metro
• Senco Gold to file papers for ₹400 cr IPO: Report
• RattanIndia Power raises fresh loan of ₹1,114 crore led by Kotak Mahindra Bank
• Aditya Birla Launches New Guaranteed Pension Plan
• NTPC issues NCDs of up to ₹12,000 cr via private placement  
• BPCL in talks with Russia's Rosneft to buy oil priced on Dubai benchmark: Report
• Hindustan Aeronautics to consider stock split.
• Government approves wage hike of Coal India's non-executive employees
• India, Japan to recognise AEO schemes
• FPIs extend buying streak in Indian equities, infuse ₹30,664 cr in June so far
• Aramco, TotalEnergies sign contracts for $11 billion petrochemicals facility
• Hinduja Group may raise stake from 17% to 26%, to invest ₹10,000 crore.
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...