Wednesday 20 September 2023

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

*News Headlines from Business News Agencies :*

*Business Standard :*

• Torrent in talks with Apollo to borrow up to $1 bn for Cipla bid: Reports

• OYO's growth 'incredibly strong', can't give timeline for IPO: Troy Alstead

• Reliance Jio launches Jio AirFiber in eight cities, plans start at Rs 599

• Fiscal pressures building up; risks for the markets are rising: Jefferies

• Burger King likely to sign deal with Coca-Cola; may end tie-up with Pepsi

• India to burn 38% more coal every year with new plans for thermal power

• Myntra to introduce changes to its return policy, lower convenience fee

• No plan to share revenue of OTT platforms with telcos, says govt: Report

• Nestle to sell 40 gm Maggi packets for Rs 10 to expand market share

• Govt asks SpaceX-owned Starlink to share info on data storage and transfer

• Old pension scheme 4.5 times more costly than the existing NPS: RBI Study

*Economic Times :*

• Indian govt expels Canadian diplomat as tensions with Canada escalate

• Myntra sees 50% on-year demand jump in home category as it gears up for festive season

• Amazon devices unit morale wanes amid cuts, weak development pipeline

• Google announces new Bard features as traffic continues to lag ChatGPT

• Google in last ditch effort to overturn $2.6 billion EU antitrust fine

• China's Huawei set to re-enter mid-range 5G phone market: report

• UK inflation to be highest among big economies in 2023: OECD

• Tata Capital may launch IPO in 2025, seeks Jio Financail like valuation

• Noise partners with Il Jin Electronics to manufacture smart wearables in India

• UBS names India, South Korea, others as 'slow' to approve Credit Suisse deal

• CDIL Semiconductors to add new assembly lines, boost capacity by 100 million units


*Mint :*

• NBFCs relying more on bank loans: RBI

• Central Banks entering a new and tougher phase in their fight to tame inflation

• IDBI Bank special FD scheme with higher interest rate extended

• Jio Studios announces new co-production with Aamir Khan

• Tata Motors to raise commercial vehicle prices by up to 3% from this October

• CDIL to expand chip ATMP; fab plans later

• US auto strike puts Indian ancillary hubs on the edge

• CIL, NHPC may convert old mines to pump storage

• JSW Infra readies ₹2,800 crore IPO; bidding opens 25 Sep

• Tesla, Saudi Arabia in talks for EV factory in gulf kingdom to diversify economy

• Akasa Air drags DGCA to court to penalise 43 pilots who quit without notice period

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