*News Headlines from Business News Agencies:*
*Business Standard*
• Cabinet hikes DA by 4% for central govt employees; MSP hiked for 6 crops
• Large banks preparing for maturity of RBI's $5 billion forex swap
• Wipro Q2FY24 result: Net profit rises to Rs 2,667 crore; revenue down 0.1%
• Airtel launches CCaaS platform to unify contact centre solutions for firms
• Astral Q2FY24 result: Consolidated net profit up 82% YoY to Rs 131.7 cr
• India to become world's third largest economy by 2027, says JP Morgan MD
• US moves to limit access to advanced chips hurt supply chains: China
• iPhone maker Hon Hai, Nvidia aim for AI factory to expand push into EVs
• DDA launches mega e-auction for prime plots, shops, mobile tower sites
• Himadri Speciality Chemical reports 5.1% revenue decline in Q2FY24
• Diagnostic services firm Manipal HealthMap acquires Medcis Pathlabs
• Birlasoft appoints Selvakumaran Mannappan as chief operating officer
• Glenmark Pharma launches triple-combination drug for Type 2 Diabetes
*Economic Times*
• Union Cabinet approves 13 GW renewable energy project in Ladakh
• Asset management firm Neo raises $35 million from Peak XV Partners
• Bajaj Auto Q2 Results: Net profit jumps 20% YoY to Rs 1,836 crore, beats estimates
• Domestic hydrogen equipment market to touch USD 50 billion by 2030: India Hydrogen Alliance
• GPT Infraprojects bags Rs 739-cr order from NHAI
• Wipro announces merger of 5 subsidiaries with parent, cites 4 reasons
• Air India announces sale fares on Singapore and Bangkok routes
• Happiest Minds Q2 Results: Net profit marginally falls to Rs 58 crore in Q2
• Suzuki eyes exporting Made in India EVs to Japan in 2025: Report
• IIFL Securities Q2 Results: Profit jumps 94% to Rs 107 crore
• Country Garden default talk swirls as offshore debt deadline passes
• JP Morgan, Nomura raise China's 2023 economic growth forecast
*Mint*
• Bandhan Bank Q2 net profit up 245% YoY to ₹721 crore
• UTI AMC Q2FY24 earnings: Net profit drops 9% to ₹183 crore; AUM up 16.89%
• Aditya Birla Sun Life MF launches US Treasury 1-3 Year Bond ETFs FoFs
• Persistent Systems Q2 Results: Revenue up 18% YoY on robust order bookings
• Govt to act against solar power developers flouting local sourcing norms
• Q2 Results: IndusInd Bank reports 22% jump in net profit in September quarter
• PhonePe revenue jumps 77% to ₹2,914 crore in FY23
• LTI Mindtree board approves allotment of 2,000 equity shares for ESOP scheme
• Akasa Air is up against formidable competition on its international routes
• China stabilizes, in the shadow of Country Garden and Evergrande
• IRM Energy IPO subscribed 82% so far on first day; retail portion fully booked
• Syngene MD and CEO Hunt expects US-based Biotech segments recovery by Q4
• Nvidia, Foxconn to Develop New Class of Data Centers Focused on AI
By: via Telegram.me/AlliesFin #StockMarket #india
