Monday 3 July 2023

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

*News Headlines from Business News Agencies:*

*Business Standard*

• Aditya Birla AIF mops up Rs 893 cr commitment; NDR files for Rs 1k-cr InvIT
• Govt to construct Rs 4,500-cr National Maritime Heritage Complex at Lothal
• BlackRock, MIT etc invest Rs 1,750 cr in Aditya Birla Capital QIP
• Indian OMCs confident of retaining discounts on Russian crude oil
• Core sector output in May expands at 4.3% amid a high base effect
• Centre approves formation of India's first domestic regulated carbon market
• Monsoon in July is cumulatively expected to be 'normal', says IMD
• HDFC buys additional stake in insurance firm HDFC ERGO to make it an arm
• Reliance Industries, bp start production from third field in KG-D6 block
• Banks to make trading gains as bond yields soften 19 bps in April-June qtr
• Govt authorises sale of 27th tranche of electoral bonds from Monday
• Govt raises rates on select small savings schemes for July-Sept quarter
• ideaForge Technology IPO subscribed 106x; Cyient booked 67x on final day
• Edtech giant Byju's to raise funds by paring stake in subsidiary Aakash
• Paytm partners with Shriram Finance to strengthen its loan distribution biz

*Economic Times*

• World Bank OKs $1.5bn for India's low carbon energy sector
• Nokia renews patent license agreement with Apple
• Shriram Finance eyes $150 million social loan, HSBC lead arranger
• Jio dials clutch of foreign banks for up to $1.5 billion loan
• Govt asks ecommerce companies to refrain from using dark patterns for duping consumers
• Jet fuel price up 1.6 per cent on global cues
• IndiGo introduces flight to Tbilisi; starts bookings
• RBI floating rate bonds interest rate hiked to 8.05% from July 1, 2023
• India's first domestically built 700 MW nuclear reactor starts commercial operations in Gujarat
• Maruti Suzuki sales up 2% in June at 1,59,418 units; domestic passenger vehicle sales up 8%
• Defence ministry inks Rs 2,725 cr contract with MDL for refit of submarine
• Hero MotoCorp to hike two-wheeler prices by around 1.5% from next month
• NHPC completes dam construction work of Subansiri Lower Hydroelectric project
• Parliament's monsoon session to begin from July 20
• India's external debt at USD 624.7 billion at end-March 2023

*Mint*

• NTPC captive coal production grows 99% in Q1
• NLC India plans ₹24,000 crore solar investment by 2030: CMD
• Net profit of PSBs almost tripled to ₹1.04 lakh in FY2022-23: FM Sitharaman
• Sebi imposes fine on ZEEL promoter entity for disclosure lapses
• EPACK Prefab aims expansion of airport, warehouse construction services
• Australia approves narcotic drugs MDMA, magic mushroom for medical purpose
• China Plans to Appoint a New Central-Bank Governor
• UK-based firm plans to set up semiconductor unit worth ₹30,000 cr in Odisha
• MG Motor India retail sales up 14% in June, sells 5,125 units
• SBI CFO Charanjit Surinder Singh Attra resigns
• DGCA to conduct special audit of crisis-hit Go First facilities on July 4-6
• British Airways looks to expand in India, says CEO
• P&G can set up plants in India for exports: India MD & CEO Vaidyanathan
• Centre to release 50,000 tonnes of tur to curb soaring prices
• India's fiscal deficit narrows to ₹2.10 lakh crore during April-May
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...