*News Headlines from Business News Agencies:*
*Business Standard*
• Delhi international airport plans to raise Rs 750 crore to refinance debt
• Reliance General Insurance gets Rs 200 cr capital infusion from parent
• Tesla executives hold market entry talks with India investment agency
• Wockhardt says NBFC Guardian Finance wrongfully invoked 2 mn shares
• Institutional investors vote against Siemens's sale of motors business
• Indian Oil Q1FY24 results: Net profit at Rs 13,750 cr YoY; revenue down 12%
• SAT sets aside Sebi order against RIL arm for takeover norms violation
• Mahindra Finance Q1FY24 results: Net profit rises 58% to Rs 353 crore
• Indian companies enabled to list directly on IFSC exchanges: FM Sitharaman
• BPEA EQT to acquire India's largest fertility services provider Indira IVF
• India second country after China to burn one billion tonnes of coal: IEA
• US President Joe Biden announces military aid package of $345 mn for Taiwan
• No proposal to curb retail participation in derivatives trading: Sebi
• Vodafone Idea likely to get extension to pay Q1 spectrum and licence fees
• AMD plans to invest $400 mn in India to expand R&D, engineering operations
*Economic Times*
• Govt to expand Semiconductor DLI scheme to larger, foreign firms: MoS IT
• Reliance Naval debt resolution stuck as bidder seeks more time to pay
• Co-op sugar mills may soon start wiping off Rs 10,000 cr tax liability
• Focus on infra, investment, innovation, inclusiveness to make India developed nation by 2047: FM
• NCLAT to decide over NCLT order on insolvency against Coffee Day Global
• Rays Power Infra, Serentica Renewables to set up 283 MW solar project
• Piramal Enterprises announces first-ever share buyback worth Rs 1,750 crore
• India, UK close to concluding FTA talks, working to iron out issues on IPRs, rules of origin
• Tea production drops 3.7 per cent to 137.85 million kg in June
• BYD tells India partner it wants to drop $1 bn EV investment plan: Sources
• Cargo handling capacity of ports to rise in 2024
• India sets steady path toward local semiconductor industry
• Swiggy integrates morning delivery service InsanelyGood with main app
• Nestle investing Rs 4,200 crore by 2025, to set up its 10th factory in Odisha
• UCO Bank Q1 Results: Net profit jumps 80% YoY to Rs 223 crore
*Mint*
• India-Papua New Guinea sign MoU for India Stack collaboration
• Govt likely to get majority stake in HPCL, will infuse capital in fuel retailors
• Railways increased safety spending 2.5-fold in past decade
• India's per capita income to jump 70% by 2030, reach $4,000: Report
• IDFC First Bank Q1 Results: Net profit jumps 61% YoY to ₹765 crore
• NTPC Q1 Results: Net profit zooms 113% to ₹4,907 cr, coal production up 52%
• Ola Electric discontinues sales of S1 model, introduces affordable S1 Air as exclusive offering
• Power Grid board approves fund raise up to ₹5,700 crore via bonds
• India, ADB sign $200 mn loan agreement for expanding urban services in Rajasthan
• Bank of India Q1 results: Net profit doubled, gross NPA of the bank declined
• NHA launches 100 microsites project to accelerate digital health adoption
• SEBI aims to safeguard retail investors through curbs on derivatives trading
• SBI Cards Q1 Results: Net profit falls 5% to ₹593 crore, revenue up 26%
• Marico Q1 Results: Consolidated PAT up 15% to ₹436 crore
• Vedanta to tie up with 3 firms for semicon, first chip in 2.5 yrs: Anil Agarwal
By: via Telegram.me/AlliesFin #StockMarket #india
