Monday 30 October 2023

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

*News Headlines from Business News Agencies :*

*Business Standard* :*

• Reliance Jio Infocomm Q2 results: Net profit rises 12% to Rs 5,058 crore

• Govt wants telecom service to remain most affordable in entire world: Min

• PhonePe scales up its shopping app to compete with large e-commerce firms

• IndiaMart Q2 result: Consolidated net profit at Rs 69.4 cr, revenue up 23%

• Tata Group to make iPhones in India for global market: Rajeev Chandrasekhar

• JioSpaceFiber: Jio previews satellite-based internet connectivity at IMC 23

• India exports mangoes worth $47.98 million, up 19% from last year

• SBI Life Insurance Q2 PAT flat at Rs 380 crore as higher expenses weigh

• Axis Bank capitalised with self-sustaining structure to fund growth: MD

• Aston Martin to double its volume with new South India dealership

• Tamilnad Mercantile Bank Q2 net profit increases 5% to Rs 274 crore

• Irdai sets up 12-member committee to simplify insurance policy wordings

• US move to withdraw some digital trade proposals at WTO to benefit India


*Economic Times :*

• PEDA inks MoU with HPCL for setting up 10 compressed biogas projects in Punjab

• Dhamra LNG terminal built entirely on promoter finance; no financial commitment from IOC, GAIL, say sources

• RBI central board reviews economic, financial developments

• South Eastern Coalfields despatches 100 MT coal in record time

• India's forex reserves fall $2.36 bn to $583.5 bn

• Huawei reports its revenue inched higher in January-September despite US sanctions

• Indian Hotels Q2 Results: PAT jumps 37% YoY to 167 crore

• Govt tightens LLP rules; partners have to declare beneficial interests, intangible contributions

• Mahindra Lifespace Developers records Rs 455 crore pre-sales in July-September

• NBCC sold office space in south Delhi for Rs 1557.51 crore

• Sebi's instant settlement plan faces foreign investor pushback: Report

• Nomura quarterly profit doubles on Japanese stock market strength

• Taiwan chip industry pushes government to speed up renewables


*Mint :*

• Maruti Suzuki Q2 Results: Net profit jumps 80% on year to ₹3,716.5 crore

• NTPC Q2 Results: Net profit rises 16% to ₹3,885 crore

• Dr Reddy's Q2 Results: Net profit rises 33% to ₹1,482 crore, revenue up 9% YoY

• Cipla Q2FY24 results: Net profit rises nearly 45% YoY, total income surges 15%

• RIL Q2 results: Reliance Industries reports net profit of ₹17,394 crore

• Bajaj Finserv Q2 net profit rises 24% to ₹1,929 crore

• JPMorgan Chase CEO Jamie Dimon to sell $141 million worth of company's shares

• Optiemus Infracom to make drones in India for local, global markets

• Vodafone Idea to boost investment in 5G network rollout in India

• City Union Bank Q2 NII down 5.2%, Net profit up 1.5% at Rs 280.6 CR

• Mukand signs power delivery agreement with Tata Power Renewable Energy

• IDFC First Bank Q2 results: Net profit up 35% at ₹751 crore, NII jumps 32%

• AU Small Finance Bank Q2 results: Net profit up 17% at ₹402 crore, NII up 15%

• Airtel teams up with Microsoft to bring calling services via MS Teams

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By: via Telegram.me/AlliesFin #StockMarket #india

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