Thursday 21 December 2023

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

*News Headlines from Business News Agencies :*

*Business Standard :*

• Inflation to ease to 4.6% in the first three quarters of 2024-25: RBI

• UPI transactions up 118% in semi-urban, rural retail stores in 2023: Study

• At Rs 3.79 trn, PSU capex hits 52% of budget target by September end

• ShareChat's valuation cut to $1.5 bn, lays off 200 employees: Reports

• Smartphone maker Vivo India reports net profit of Rs 211 crore in FY23

• Mahindra Logistics to sell its entire 39.79% stake in associate firm TLPL

• TVS Motor says aiming for bigger market share in premium motorbike segment

• Approval for 19 General insurance cos applications in IRDAI's pipeline

• Realty developer K Raheja Homes sees strong buyer demand from West India

• OEM, dealers to play Santa during year-end for EV passenger vehicles

• MHI introduces amendment to automobile wheel rim quality control order

• Cochin Shipyard, Defence ministry sign Rs 488 cr contract for ship repairs


*Economic Times :*

• Indian Gas Exchange (IGX) plans to introduce LNG contracts to boost distribution in unconnected areas

• DLF sells properties worth Rs 1,400 cr in Gurugram, Panchkula

• PNGRB invites bids for 875 Km natural gas pipeline connecting Ennore to Barshi

• Intel sets up R&D lab at CtrlS Bengaluru data center

• Food subsidy of Rs 1.68 lk cr and Rs 57,686 cr released to FCI, state DCP in 2023

• India expected to be surplus in coal production by FY26: Govt

• Euler Motors net loss jumps five-fold to Rs 175.44 crore in FY23

• Credo Brands IPO picks up pace on Day 2 with 5.19x subscription

• DOMS would like to maintain EBITDA margins at 15-16% across categories: CFO

• Indian Real Estate: Altered courses and emerging stronger in 2024

• SoftBank India operating partner Vikas Agnihotri leaves fund

• EnKash gets RBI nod to operate as payment aggregator


*Mint :*

• ONGC, Oil India poised for growth amid shifting oil dynamics

• HDFC Bank raises ₹7,425 crore via bonds to fund infra, housing projects

• Centre releases norms for lease of sites for offshore wind projects

• Toyota subsidiary Daihatsu temporarily suspends global car shipments

• Ford Motor Co. halts Tamil Nadu plant sale to JSW Group

• Tesla Supplier Panasonic Drops Plan for Oklahoma EV Battery Factory

• RBI warms up to fintechs for cross-border e-commerce

• India’s digital media market to triple by 2030, says report

• India Shelter share price debuts at 25% premium

• MoD signs contract with Mazagon Dock worth Rs 1,615 cr

• Accenture forecasts Q2 revenue below estimates on muted IT spending
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...