Wednesday, 9 August 2023

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Today's News Headlines

Economic Times

PLI 2.0 in works for steel, to focus on import substitution

Ananya Birla-backed Svatantra to buy Sachin Bansal’s microfin biz for Rs 1,479 cr

Adani Enterprises weighs exiting $6 billion Wilmar venture

Siemens Q3 Results: Profit soars over 43% to Rs 424 cr; revenue rises 14%

Hindalco Q1 Results: Profit declines 40% YoY to Rs 2,454 cr; revenue falls 9%

India wheat prices jump to 6-month high on demand, limited supply

India, US mutually resolve 2 trade disputes: WTO

Dubai's economy maintains momentum, GDP rises 2.8% in Q1 to cross $30 billion

After SBI, BoI looks to put bad loans worth Rs 15k cr on the block

CCI clears proposed acquisition of HDFC Credila Financial Services

Genus Power Infrastructures arm bags order worth Rs 2,210 crore

TCS wins six-year-long Government e-Marketplace mandate

B2B sourcing platform Bidso raises $1.5 million from PeerCapital, others

Stable Money secures $5 million funding from Matrix, Lightspeed and others

Business Standard

Fintech platform MobiKwik reports first ever consolidated PAT at Rs 3 crore

Adani Ports Q1FY24 results: Consolidated net profit up 80% to Rs 2,119 cr

Hero MotoCorp receives over 25,000 bookings for India-made Harley-Davidson

Exide Industries to start lithium-ion cell project's phase-1 by FY25-end

Birla Corp Q1 results: Consolidated net profit falls 3.6% to Rs 59.71 cr

Oil India Q1 results: Profit rises 3.7% as petroleum product revenue slides

Carlyle to acquire minority stake in Quest Global at $2 bn valuation

Five states raise Rs 5,250 crore through an auction of govt paper

Promoter pledging rises marginally to 1.36% in June quarter, shows data

Coal India Q1FY24 results: Net profit falls 10% to Rs 7,941.40 crore

Financial Express

Jindal Stainless ready for EU’s carbon tax, working on Scope 3 emissions

ADF Foods Q1 net profit grows 93 per cent to Rs 14.7 crore

HOCL net loss widens to Rs 23.03 crore in Q1

Tata Power to invest Rs 13,000 crore in Maharashtra for 2 pumped hydro storage projects

Moody’s downgrades 10 US banks, warns of possible cuts to others

Mahila Samman scheme garners Rs 8,630 cr so far in FY24

Apollo Hospitals seeks shareholders’ nod to raise Rs 500 cr through NCDs to part-fund capex

Sebi categorises dues worth Rs 73,287 crore as ‘difficult to recover’

Rupee falls 9 paise to close at 82.84 against US dollar

Mint

Oberoi Hotels Q1 results: PAT jumps 61% to ₹106 crore

Happiest Minds Q1 results: Net profit at ₹58.33 crore

Gujarat State Fertilizers Q1 results: Revenue falls at ₹2,111.82 crore

Covid genomics body to meet amid rise of new variant Eris

Centre weighs resuming rice supplies to ethanol makers

Essar Shipping Q1 Results: Net profit rises multi-fold to ₹26 crore

Prestige Estates Projects Q1 results: Net profit soars 30.2% at ₹267 crore

Chambal Fertilisers Q1 Results: Net profit dips 1% to ₹338.60 crore

Parliament passes National Nursing Commission & National Dental Commission Bills

IRCON Q1 Results: Net profit rises 30% to ₹187 crore, revenue up 36% YoY.
By: via Telegram.me/AlliesFin #StockMarket #india

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https://x.com/cnbctv18live/status/1870100490643747026?s=52 By: ۞ A X i T D S H A H ۞ via AlliesFinServe #StockMarket #Bharat Telegram.me/Al...