Tuesday 29 August 2023

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

*News Headlines from Business News Agencies :*

*Business Standard :*

• ARPU of Indian telcos to rise 8-10% to Rs 190 this year, says CRISIL

• RIL AGM: Jio AirFiber to launch on Ganesh Chaturthi, says Mukesh Ambani

• Retail value of Reliance Retail doubled in less than 3 years: Isha Ambani

• Reliance to set up a battery GIGA factory in Jamnagar by 2026

• Reliance set target to establish 100 compressed biogas plants in next 5 years

• E-commerce, FMCG demand for electric vehicles doubles in FY24

• Japan's Mercari opens centre of excellence in Bengaluru, its first in India

• Go First extends flight cancellation till August 31 from August 27

• Indian steel mills flag concerns over rising Chinese steel imports

• Shell India appoints Mansi Madan Tripathy as new country chair

• Glenmark recalls 1,200 bottles of generic hypertension drug in US

• Solar mission Aditya-L1 to be launched on Sept 2 from Sriharikota: Isro


*Economic Times :*

• Jio Financial Services capitalised with net worth of Rs 1.2 lakh crore: Mukesh Ambani

• Mansi Madan Tripathy to take over as country chair of Shell India

• NCLAT grants partial relief to Jet bidder JKC on terms of payment

• Engineers India teams up with Australia’s Sunrise CSP group for energy projects

• Jio Financial Services to enter insurance sector, says Mukesh Ambani

• Solar capacity addition in India declines 58 per cent to 1.7 GW in Apr-Jun: Mercom India

• JK Lakshmi Cement shareholders reject proposal to increase inter corporate transaction limit to Rs 10,000 crore

• Morgan Stanley partners with Prakhhyat Group for warehousing project in Bhiwandi

• Kalyani Rafael Advanced Systems bags Rs 287.51 cr order to supply missile systems

• MICL associate co to undertake 10-acre redevelopment project in Mumbai’s Goregaon

• Tata Steel sees lower China exports, higher prices

• TVS Motors to invest Rs 3,900 crore in the next 4-5 years to boost green portfolio


*Mint :*

• Nita Ambani to step down from RIL Board,Isha, Akash,Anant appointed as directors

• Procter & Gamble India appoints Mukta Maheshwari as CMO

• BPCL to invest ₹1.5 trillion in transformative initiative

• Brightcom leadership exit: MD Suresh Reddy and CFO Narayana Raju resign

• Vodafone Idea extends OCD redemption allotted to ATC by one year

• Sterlite Power clinches second Rajasthan green energy transmission project

• China Evergrande records $4.5 billion loss in first half of the year

• SoftBank India scores over $5.5 billion exits since 2018

• Govt plans to extend retirement age of LIC Chairman and heads, MDs of other PSBs

• Schaeffler India acquires 100% stake in KRSV Innovative Auto for ₹143 crore

• Venus Remedies gets marketing approval from Saudi Arabia for its product Enoxaparin in pre-filled syringes

• Man Infra takes a redevelopment project in Mumbai, revenue potential at ₹4,000 cr over 5 years
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...