Monday 9 October 2023

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

*News Headlines from Business News Agencies:*

*Business Standard*

• RBI to issue framework for SRO recognition for regulated entities
• Govt seeded power of GST on ENA for states to take decision, says FM
• TCS to consider buyback of shares in board meeting on October 11
• MCX gets SEBI approval to launch new commodity derivatives platform
• Reliance General Insurance gets Rs 922 crore GST notice from DGGI
• Air Asia transfers the first A320 plane to Air India Express, says Wilson
• Reliance Retail Ventures to raise Rs 4,966.80 crore from ADIA arm
• Banks are likely to report healthy profits in Q2 on high credit growth
• India priority market for Costa Coffee: Global CEO Philippe Schaillee
• Air India cancels Tel Aviv flights till Oct 14 after Hamas attacks Israel
• Indian Energy Exchange to acquire 10% in Enviro Enablers India Pvt Ltd
• Ola launches all-electric on-demand parcel delivery service in Bengaluru
• Truecaller acquires TrustCheckr service to expand enterprise services
• Financial savings increased by 14% in absolute terms: RBI deputy guv Patra

*Economic Times*

• Middle East stock markets plunge as Israel goes to war with Hamas
• GST Council Meet: Tax slashed on millet products, distilled alcohol exempted
• Realty developer Aarize group acquires over 50-acre land for four projects
• HP puts its money on AI PC to drive growth in India
• VinFast plans $200 million investment to set up EV manufacturing facility in India
• RBI Governor Shaktikanta Das cautions lenders over rise in unsecured loans
• Government to computerise 1851 agri & rural development banks and state cooperative registrars
• NCLT directs Swan Energy to make upfront payment for Reliance Naval
• US and European MNCs now consider India an alternate option to China: PwC Asia Pacific
• Govt considers lowering minimum export price on basmati rice to USD 850/tonne
• Vizag Steel Plant clocks best ever H1 sales of wire rod coils, structurals, value-added steel
• SoftBank offloads 2.5% stake in PB Fintech for Rs 871 crore

*Mint*

• Tata Motors Q2: Global wholesales up 7% to 3.4 lakh, JLR volume rises 29% YoY
• Daily coal supply gap to thermal plants persists amid elevated demand
• Oil India plans green hydrogen valley foray, eyes geothermal exploration
• RBI Monetary Policy: GDP growth forecast for FY24 unchanged at 6.5%
• IIFCL sanctions loans worth Rs 8,800 crore to boost civil aviation infrastructure
• QIP retains charm in FY23: 20 firms raise Rs 18400 crore in the first half of FY24
• magicpin to spend Rs 100 crore for food discounts during the cricket world cup
• Govt says committed to reducing risks for aircraft lessors
• India's forex reserves drop $3.7 bn to $586.9 bn in 4th straight weekly decline
• Saint-Gobain to invest another ₹3,400 crore in Tamil Nadu
• Railways to run special Vande Bharat trains for IND vs PAK match in Ahmedabad
• Vedanta open to revising proposal to delay payments on miner’s dollar bonds
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) ...