Wednesday 20 December 2023

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

News Headlines from Business News Agencies:

Business Standard

• Aviation industry expected to see 10-15% revenue growth in FY25: ICRA
• Share of agriculture in India's GDP declined to 15% in FY23: Govt
• Centre allows additional borrowing of Rs 60,000 crore to 22 states for NPS
• $245 bn IT sector sees tougher terms amid scramble for contracts: Report
• Thai acquisition offers additional growth engine for Devyani International
• Air India starts rollout of new brand identity from Delhi, Mumbai airports
• Tamil Nadu retains 'achiever' status in logistics infra rankings of states
• Tata Consumer Products in talks for acquisitions to expand globally: Report
• Vedanta Ltd to raise up to Rs 3,400 crore via non-convertible debentures
• Periama completes acquisition of remaining 10% stake in JSW Steel's USA arm
• India Glycols win ethanol supply order from OMCs, Reliance
• AkzoNobel appoints Rajiv Rajgopal as decorative paints South Asia head
• Unclaimed deposits with banks rise by 28% to Rs 42,270 crore in FY23: Govt

Economic Times

• Assam government takes up ten cities for special development plan
• RBI tightens rules for lenders investing in alternative investment funds
• EoI for RINL strategic sale to be invited after discussing broad contours with stakeholders: Govt
• Software startup ServiceTitan prepares for 2024 IPO
• CapitaLand India Trust completes acquisition of two industrial facilities in Chennai
• API maker Fleming Laboratories raises Rs 110 cr from PE fund InvAscent
• Vijaya Diagnostic to acquire PH Diagnostic for Rs 134.65 crore
• IT sector’s fresher hiring to be 30% lower in fiscal 2024: TeamLease Digital
• BharatPe to raise Rs 500 crore debt over the next year
• JB Pharma inks Rs 1,089 cr pacts with Novartis for select ophthalmology brands
• Telecom Bill 2023, a watershed moment in reforms process: Vi CEO Moondra
• PE/VC bets plummet to 43-month low of $1.6 bn in Nov

Mint

• PepsiCo bottler Varun Beverages to acquire South Africa's BevCo for ₹1,320 cr
• Dreamfolks launches membership program as airport lounges gain popularity
• Suzlon Group inks working capital deal with state-run REC
• SpiceJet expresses interest in buying bankrupt Go First
• HC upholds dismissal of Max Health's plea against Care Hospitals sale
• Bandhan Bank introduces INSPIRE designed exclusively for senior citizens
• Goldman ramps up credit business in India, targets diaspora
• Macquarie cheques into EV finance in India with $400 mn
• Bank of Baroda launches zero balance savings account for students
• PNC Infratech bags new hybrid annuity road project
• Transformers & Rectifiers bags orders worth Rs 237 cr from Power Grid
• Happy Forgings IPO subscribed 65% so far on day 1; retail portion fully booked
By: via Telegram.me/AlliesFin #StockMarket #Bharat

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

*India Daybook – Stocks in News* *Kirloskar Oil:* Net profit up 86.1% at ₹146.8 cr vs ₹78.9 cr (YoY) Revenue up 20% at ₹1,660 cr vs ₹1,383...