*News Headlines from Business News Agencies:*
*Business Standard*
• Passenger vehicle sales up 2% YoY in June, 3W sales almost double: Siam
• TCS Q1FY24 result: Net profit up 16.8% YoY; revenue rises to Rs 59,381 cr
• Walt Disney Co weighs options for struggling TV business in India
• BFSI, tech clients spending more on cost-optimisation deals: Wipro chairman
• Hinduja Group dials lenders to raise $1 bn for Reliance Capital acquisition
• Sebi to auction 22 properties of Bishal Group, NVD Solar on August 14
• Glida plans to set up 3,000 EV charging points pan-India by March 2025
• Govt directs Nafed, NCCF to procure tomato from AP, Karnataka, Maharashtra
• Reliance Retail among three prospective buyers for Future Enterprises
• FSSAI set to meet international regulators on food safety system
• Data protection bill could cap penalty for data breach at Rs 250 crore
• Sterlite Power bags new orders worth Rs 1,400 cr in March quarter
• Auto component makers stepping up investments in green mobility business
*Economic Times*
• RBI looking at additional loans for home buyers of stuck projects
• Vehicle loans outstanding rise 22 pc in May despite high interest rates
• Razorpay launches full-stack payments in Malaysia
• Vedanta has lined up partners for semiconductor venture: Chairman Anil Agarwal
• Indian cabinet allows lithium's commercial mining to charge up EV ambitions
• Countries agree to extend digital services tax freeze through 2024
• Power availability rose to 22.30 hrs in rural areas, 23.3 hrs urban since 2014: RK Singh
• Satya MicroCapital raises Rs 53 crore in ECB from German bank
• Utkarsh SFB Issue: retail portion booked over 3.5x
• SoftBank considering US listing for PayPay payments business
• Taiwan chip exports plunge 21% as device makers clear inventory
• Japan's second-largest lender Sumitomo Mitsui launches US digital bank
• Prestige Group registers 30% jump in sales at of Rs 3914.7 crore in Q1FY24
• Gujarat in talks with Foxconn for its semiconductor plant
*Mint*
• India’s June CPI inflation rises to 4.81% from 4.31% in May
• US annual consumer inflation cools to 3%, lowest since 2021
• Centre approves release of ₹7,532 crore to 22 states under Disaster Response Fund
• Dilip Buildcon gets provisional completion certificate for a project worth ₹860.5 cr
• TCS attrition rate declines to 17.8%, 523 employees added in June quarter
• Beijing's regulatory crackdown wipes $1.1 trln off Chinese Big Tech
• Maruti Suzuki Fronx CNG launched in India at ₹8.41 lakh
• Ather Energy set to launch 450S electric affordable scooter.
• Domino’s Pizza Strikes Deal With Uber in Search for New Sales
• Wipro launches ai360, will invest $1 billion into AI the next three years
• Bharti Airtel buys 20.6% stake in Lavelle Networks, total stake to be 45.6%
• Coal India subsidiary SECL to develop 600 MW solar projects
• Disney explores strategic options for its business in India: Report
• KPMG to expand ties with Microsoft, will spend $2 billion in AI, cloud services
By: via Telegram.me/AlliesFin #StockMarket #india
