Wednesday 19 July 2023

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

*News Headlines from Business News Agencies:*

*Business Standard*
• IndusInd Bank Q1FY24 results: Net profit up 30%, gross bad loans at 1.94%
• ICICI Prudential Q1 profit jumps 33% to Rs 207 crore on investment gains
• L&T Technology Services reports 13% rise in net profit in Apr-June quarter
• Bank of America profit rises in second qtr on boost from interest income
• Accenture to transform beer company Bira91's technology platform
• Softbank sells another 2% stake in Paytm, total holding now below 10%
• TVS Motor partners with Indian Army to celebrate Kargil Vijay Diwas
• Demand for IT gig workers grew 157% in H12023, says job firm Awign
• Electric two-wheeler sales rebound as impact of FAME-II subsidy cut eases
• Welspun One's 2nd warehousing-centric fund raises Rs 1,000 cr in 4 months
• Indian Army places order for 1,850 Scorpio Classics to replace Gypsy
• PhonePe Insurance launches monthly subscriptions for health policies

*Economic Times*
• Institutional investment in housing jumps 5-fold to USD 433 mn in January-June: Report
• India Inc revenue growth likely slowed to 6-8 per cent in first quarter, says Crisil report
• Domestic gross box office collection dropped 15% in H1 to Rs 4,868 crore: Ormax
• Piramal Pharma's Rs 1,050-cr rights issue gets Sebi's nod
• Oyo enters premium resorts, hotels category, launches Palette brand
• Polycab India Q1 Results: Profit soars 82% YoY on strong wires and cables business
• India's gems & jewellery exports may fall 10-15% this fiscal: GJEPC
• TMH-RVNL resolve differences and sign agreement for sleeper Vande Bharat trains
• India, France agree to jointly develop new generation military equipment
• Happiest Minds Technologies raises Rs 500 cr via QIP route
• Sony Pictures India's FY23 net profit jumps 11% to Rs 1,042 crore

*Mint*
• India to issue framework on $730 mn quantum mission in Aug
• Russia seeks to team up with India on quantum computing
• Free replacement of parts under warranty not liable to GST: CBIC
• IndusInd Bank to consider fund raise on July 20
• Indian M&E industry to touch $73.6 billion by 2027: Report
• Tesla directors will pay $735 million to settle lawsuit filed by shareholders
• Infosys signs $2 billion AI deal with existing strategic client.
• Microsoft in talks to extend $69-billion deal with Activision
• Coal ministry assures ample coal availability
• Nokia and TSSC launch 5G skill development centre in Gujarat
• NHAI plans ₹1.5 tn award for 6,000 km
• Netweb Technologies IPO: Issue subscribed 9.14 times on day 2
By: via Telegram.me/AlliesFin #StockMarket #india

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Bharat India Daybook Stocks in News *Jupiter Wagons:* Net profit at Rs 105 crore, Revenue at Rs. 1115 crore, up by 57 % YoY. (Positive) ...