Wednesday 6 September 2023

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

*News Headlines from Business News Agencies :*

*Business Standard :*

• Indian sugar production concerns drive local prices to 6-year high

• CBI arrests GAIL Exec Director KB Singh in ₹ 50 lakh bribery case

• India added highest mobile subscriptions in June quarter globally: Ericsson

• Hitachi Payment Services launches India's first-ever UPI-ATM with NPCI

• Power demand to grow 70% by 2032 with focus on non-hydropower renewable

• Discussions on global framework to regulate crypto underway: FM Sitharaman

• Reliance Retail opens Metro Cash & Carry stores; to continue wholesale biz

• Coherent Corp to come up with first global center of excellence in India

• Edible oil prices may not rise during festive season due to good supply

• August PMI services comes at 60.3 on strong order book; output elevated

• FSIB recommends Vinay Tonse for MD position in State Bank of India

• Paytm disbursed loans worth ₹ 5,517 crore in August, average MTU up 20%


*Economic Times :*

• Indian REITs Association launched; sets agenda for growth, governance and investor advocacy

• Addressing cybersecurity risks at stock exchanges, clearing corporations: SEBI Chief Buch

• RBI looking to put more wholesale transactions under e-rupee ambit: Sources

• Daimler India names Sreeram Venkateswaran as President, Chief Business Officer

• Volvo Car India expects 'good' festival season for domestic auto industry

• Centre for second PLI scheme for processing millet-based foods: Food Processing Secretary

• India has potential to clock 100 billion UPI transactions a month: NPCI CEO Dilip Asbe

• China to launch new $40 bn state fund to boost chip industry, sources say

• QIA, UK’s Grosvenor invest over ₹ 1,240 cr in IndoSpace’s fourth logistics fund

• Institutional investments in alternatives cross $2 bn in 5 years: Colliers

• India's auto sales up by 9%, 3W sales at record high in August: FADA

• Ethos board approves fund raise up to ₹ 250 cr via QIP


*Mint :*

• India in talks with Latin American, African countries for UPI: Official

• NCLT asks SpiceJet to resolve issues with lessors

• Qantas Airways CEO Alan Joyce steps down amid ticket scandal

• Tata, Adani, JSW among firms seeking to build ₹ 3.1 tn of pumped storage

• JSW-MG Motor deal likely in two months

• RBI allows pre-sanctioned credit lines through UPI

• Zerodha MF files papers with SEBI for two schemes

• Pepperfry: Co-founder Ashish Shah becomes CEO of the furniture startup

• HC rejects Dish TV promoter plea against Yes Bank, JC Flowers

• SpiceJet issues shares to lessors to clear ₹ 231 crore dues

• Jupiter Wagons board approves raising up to ₹ 700 cr via QIP

• Som Distilleries board approves fund raise up to ₹ 350 cr via QIP
By: via Telegram.me/AlliesFin #StockMarket #india

AlliesFinServe #StockMarket #Bharat Telegram.me/AlliesFin's Post

Bharat India Daybook Stocks in News *Jupiter Wagons:* Net profit at Rs 105 crore, Revenue at Rs. 1115 crore, up by 57 % YoY. (Positive) ...