Monday 21 August 2023

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

News Headlines from Business News Agencies:

Business Standard

• Employment in India registered V-shaped recovery post-pandemic: Former CEA
• Banks, finance companies expect robust festive season credit offtake
• NHAI, GAIL join forces to simplify infrastructure expansion process
• Titan buys additional 27.1% stake in CaratLane for Rs 4,621 crore
• Jio Financial Services to list on Monday
• RBI prohibits lenders from compounding penal interest on loan defaults
• Corporate affairs ministry assessing need to ramp up bench strength of NCLT
• Centre rolls out Rs 5,000 crore RLI scheme for pharma, med-tech sectors
• Rajasthan govt plans to allocate Rs 5,200 cr to strengthen road network
• Corporate India's deal activity jumps 58% to $3.1 bn in Jul: Report
• Sterlite Copper keeps all doors open for the Thoothukudi plant restart
• French carmaker Renault looks to drive electric car into India next year
• India needs major reforms in food supply management: RBI researchers

Economic Times

• Financial services secretary holds review meeting with PSB heads on PM Vishwakarma Scheme
• Coal India plans policy for financial assistance to future mountaineers
• Murugappa family agrees on terms of family arrangement with the family branch of late M V Murugappan
• Foxconn's logistics unit Jusda opens new office in Tamil Nadu
• RBI appoints P R Seshadri as South Indian Bank MD & CEO
• CreditAccess Grameen to raise up to Rs 1000 crore via NCDs
• OCEN 4.0 unveiled to facilitate short-tenor loans to MSMEs
• India headed for driest August in over 100 years, summer crops at risk
• Pfaudler sells 13.6% stake in GMM Pfaudler; ChrysCapital among buyers
• RBI expected to hold policy rate again at next review meeting: Crisil
• Mahindra to inspect over 100,000 XUVs for potential wiring issue
• Jalan Kalrock Consortium seeks more time to pay Rs 350 cr to Jet Airways’ lenders
• TresVista aims to achieve $50 million milestone in current financial year
• M&M gets Rs 14.3 lakh penalty notice for incorrect input tax credit claim by erstwhile arm

Mint

• Moody's affirms India's BAA3 rating, maintains ‘stable’ outlook on economy
• Sebi plans to bring follow-on offer rules for REITs, InvITs
• Gujarat Gas increases industrial gas rates to ₹40.83/scm, says report
• NLC India signs pact with Rajasthan govt for 300 MW solar power supply
• Route Mobile to partner with Vodafone Idea on A2P SMS monetisation through AI
• Pyramid Technoplast IPO: Issue subscribed 1.61 times on day 1
• Retail leasing in Delhi-NCR up by 65% in H1 2023: CBRE
• Coworking firm BHIVE to launch ₹400 crore alternative investment fund
• Ashok Leyland to issue corporate guarantee of ₹870 crore for two subsidiaries
• India rolls out green hydrogen production standards
• Centre seeks bids to survey wind energy sites in Tamil Nadu
• Debt quality in financial sector declined marginally in July: Report
• Global wealth management firm UBS Group AG to expand team in India.
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...