*News Headlines from Business News Agencies:*
*Business Standard*
• Bajaj Finance Q1FY24 results: PAT rises 32% YoY to Rs 3,437 crore
• Axis Bank Q1FY24 results: Net profit up 40.5% YoY, gross NPAs down to 1.96%
• Tech Mahindra Q1FY24 results: Net profit falls 38.8% YoY to Rs 692.5 crore
• Cipla Q1FY24 result: Net profit at Rs 895.02 crore; revenue up by 12.2%
• Simpl introduces 'pay after delivery' option to enhance trust of customers
• Wipro reduces client base to pursue high-margin deals and profitability
• Lupin's subsidiary, Generic Health gets Tiotropium 18 micrograms approval
• Swiggy enters credit card space, launches co-branded product with HDFC Bank
• Qatar sovereign fund in talks for minority stake in Reliance Retail
• Tata Motors applies for PLI benefits for Tiago electric car, says top exec
• Global aviation will need 2.3 mn new personnel in 20 years: Boeing study
• Shree Cement to invest Rs 7,000 crore to add 12 million tonnes of capacity
• Tata Motors to launch CNG variant of Punch, top variants to get sunroof
• BDK Valves & Gurukrupa Group complete 100% acquisition of Theis Precision
*Economic Times*
• BHEL synchronises 660 MW Unit-2 of Maitree thermal power project in Bangladesh
• Mahindra group buys approximate 5% stake in RBL Bank
• GSK India net profit grows 13% to Rs 131 crore in Q1FY24
• Embassy Office Parks REIT Q1 Results: Net operating income at Rs 738 crore
• Mahindra Lifespaces Q1 pre-sales Rs 345 crore, industrial land leasing Rs 14 crore
• HCLTech and Microsoft to launch high-performance computing solutions
• Natwest Group Chief Executive quits over Nigel Farage Row
• Teamlease Q1 Results: Profit drops again as rising costs, IT slowdown bite
• Air India aims to boost Indian cargo ecosystem, eyes 300% growth in 5 years
• Fidelity International opens new centre in Bengaluru, to add 800 jobs
• India open to Chinese investment, as long as they conduct ops lawfully: MoS IT Chandrasekhar
• Suraj Estate Developers refiles draft papers for Rs 400-crore IPO
*Mint*
• Tata Consumer Products Q1 Results: Net profit rises 22% to ₹337.7 crore
• Dr Reddy’s Q1 Results: PAT rises 46% at 1402.5 crore, revenue up 7% QoQ
• BPCL Q1 Results: Net profit at ₹10,550.88 crore versus loss year ago
• SECL to invest ₹169 crore on plantation drive in Madhya Pradesh, Chhattisgarh
• Hitachi Payment Services to acquire cash management biz of Writer Corp
• Thirteen railway lines under construction for faster coal transportation: Pralhad Joshi
• Dentsu X India appoints Jose Leon as chief executive officer
• Kajaria Ceramics Q1 Results: Profit surges to ₹93.66, net sales up 6%
• Nissan posts 98% rise in Q1 operating profit, exceeds market expectations
• PNB Q1 net profit jumps to ₹1,255 crore; NII grows 26% YoY to ₹9,504 crore
• Shree Cement Q1 net profit jumps 84% to ₹581 crore; revenue growth at 19% YoY
• Alphabet Q2 profit exceeds market expectations, CFO Ruth Porat takes new role
• National coal index records steep fall, hints at sufficient fuel stock
By: via Telegram.me/AlliesFin #StockMarket #india
