*Today's News Headlines*
T.me /AlliesFin
*Economic Times*
Air India unveils new logo in rebranding push under Tata group
HCLTech wins $2.1 billion Verizon deal
Sebi looks to raise threshold of outstanding long-term borrowings for large corporates
SAIL Q1 Results: Profit plunges 74% YoY to Rs 212.48 crore
Hero MotoCorp Q1 Results: Net profit rises 32% YoY to Rs 825 crore but misses estimates
EPFO has invested Rs 1.88 lakh crore in ETFs in last five years: data
CAG flags irregularities in Bharatmala project tenders
International jewellery exhibition generates over Rs 70,000 crore business: GJEPC
PE Investment in Indian Realty recorded at $1.92 bn in Q2, up 60%
Ola Electric reports Rs 373 crore topline in FY22; losses widen on scooter sales launch
*Business Standard*
Rural volumes grow for second straight quarter in 2023, shows NIQ data
LIC profit up 14x at Rs 9,543 crore in Q1; premium income stayed flat
Chemplast Sanmar completes first phase of Rs 680 crore expansion plans
Grasim Industries posts 56% Q1 profit drop on chemicals, textile slump
NCLT approves Zee Ent-Sony India merger, dismisses all objections
Amazon India enabled nearly $8 bn in exports, created 1.3 mn jobs
Manappuram Finance Q1 results: Profit rises 76% on gold loan demand
Godrej FMCG firm to set up Rs 515 cr manufacturing unit in Tamil Nadu
Govt to deploy AI, advanced analytics solutions for Passport Seva services
Over 240,000 Indians surrendered passports in last 8 years: Govt data
Consumer spending likely to cross $4 trillion by 2030, says report
Domestic PV wholesales rise 2.6% in July; two-wheelers down 7.2%: Siam
*Financial Express*
GCPL to invest Rs 515 cr to build new factory in Tamil Nadu
Apollo Tyres Q1 net profit jumps to Rs 397 crore
Torrent Power net up 6 per cent to Rs 532 cr in June quarter
Gaming startup Metashot raises $400k in pre-seed funding from Inflection Point Ventures, angel investors
RBI raises per transaction limit for UPI Lite to Rs 500 from Rs 200 to promote digital transaction
Rs 2.7 trillion saved via Direct Benefit Transfer since FY15: FM Nirmala Sitharaman
Incremental CRR move to help suck out Rs 1 lakh cr of excess liquidity: Shaktikanta Das
Reservoir water levels improve, just 6% below last year’s record
Asset monetisation: NHAI to raise Rs 6000-cr in first deal in FY24
*Mint*
RBI Keeps Repo Rate Unchanged; GDP Growth Retained At 6.5%
Actis to buy Patel Infra’s 5 roads for around $91 mn
Suryoday Small Finance Bank Q1 results: Profit jumps six-fold to ₹47.6 crore
Apollo Tyres Q1 net profit jumps to ₹397 crore on lower costs
July retail inflation may hit 6-mth high of 6.5%: Poll
Sanofi India Q2 results: Net profit rises 2.5% to ₹123 crore
Samvardhana Motherson Q1 results: Net profit surges over four-fold to ₹601 cr
Biocon Q1 Results: Net profit drops 30% to ₹101 crore, revenue up 60% YoY
India aims to triple natural gas share to 15% by 2030: Minister
India, Japan, US, Australia to hold first Malabar naval exercise off Australia
SJVN signs MoUs with ONGC, SSL to develop solar projects, parks.
By: via Telegram.me/AlliesFin #StockMarket #india
