Thursday 6 July 2023

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

*News Headlines from Business News Agencies:*

*Business Standard*

• Poonawalla Fincorp's AUM grows 41% YoY in Q1FY24 to at Rs 17,770 crore
• Maruti Suzuki launches its multi-purpose vehicle Invicto at Rs 24.79 lakh
• DGCA ties up with European agency to develop unmanned aircraft systems
• Five additional brands crossed Rs 100 cr in sales in FY23, says Dabur India
• ICICI Bank says loans to Videocon did not cause any 'wrongful loss'
• India's April-May finished steel imports from China at six-year high
• Indian refiners saved $7 billion from Russian crude imports in 14 months
• Unsold housing stock drops 21% in Delhi NCR in April-June quarter: Anarock
• PharmEasy to raise Rs 2,400 cr, Manipal Group likely to invest Rs 1,000 cr
• Paytm Q1: Value of loans disbursed increases 167%, GMV rises 37% YoY
• Services PMI growth declines to three-month low of 58.5 as inflation weighs
• FMCG major Unilever to continue operations in Russia

*Economic Times*

• FMCG sector to witness 7-9% rise in revenue this fiscal: CRISIL
• JSW Steel to replace HDFC in Sensex from July 13
• Cabinet approves draft data protection bill
• Russian nuclear major Rosatom Increasing Isotope Supplies to India
• Star Sports acquires LPL 2023 TV rights for Indian subcontinent and MENA
• Delhi HC allows Go First lessors to access aircraft for inspection, carry out maintenance
• Amazon set to cross $8 billion in cumulative exports from India in 2023
• Indian oil marketers’ capital raising aids capex and energy transition plans: Fitch
• China's extreme weather conditions may lead to food security crisis: Report
• India will put retaliatory barriers on green hydrogen trade: Union minister RK Singh
• Himachal govt signs MoUs for production of drones to promote technology-driven governance
• RBI working group proposes steps to broaden rupee's global reach

*Mint*

• Yes Bank reports Q1 advances growth of 7.5%; deposits rise 13.5% YoY
• NCLT to hear lessors’ insolvency plea against SpiceJet on 21 July
• HDFC Bank Q1 advances grow over 13%; deposits rise by 19.2% YoY
• G R Infra arm executes concession agreement with NHAI
• Motorola to double volumes in India this year, quadruple by 2026, says Buniac
• IEX trade volume increases 8% on-year to 8,946 million units in June
• Dentsu-owned Carat appoints Sanchayeeta Verma as CEO for India
• Godrej Consumer Products sees double-digit volume growth in India biz in Q1
• Rainfall deficiency in half of India worrisome: Skymet's GP Sharma
• CCI approves Concentrix Corp’s acquisition of Marnix Lux
• REC extends ₹4,785 crore loan for HPCL Rajasthan Refinery’s project in Barmer
• L&T Secures Order Worth Up To Rs 2,500 Crore For Office Space Development In Mumbai
• Maruti Suzuki aims to double turnover to around ₹1.68 lakh crore by 2030-31

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By: via Telegram.me/AlliesFin #StockMarket #india

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*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...