Friday 8 December 2023

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

*News Headlines from Business News Agencies :*

*Business Standard :*

• SpiceJet board considering raising fresh capital by issuing equity shares

• Govt asks mills to not use sugarcane juice for ethanol production

• Foxconn's Indian Arm Bharat FIH to invest Rs 400 cr in Rising Stars Hi-Tech

• Adani Electricity to provide 60% of renewable electricity to Mumbai by 2027

• Airline industry projected to record $25.7 billion net profit in 2024: IATA

• Minuscule AI startup raises $41 million to tap growth in Indian market

• Next spectrum auction to be held in February, reserve price to remain same.

• Indian banks ask fintech partners to limit tiny personal loans amid regulatory glare

• Unable to repossess Go First planes, global aviation body downgrades India

• PE major ChrysCapital makes its first investment in Indian SaaS space

• Govt advances ASP standardisation for critical and strategic minerals

• Economic activity has been good across sectors, says FM Sitharaman

• Ahead of China credit outlook cut, Moody's asked staff to work from home


*Economic Times :*

• Tata Power crosses Rs 1 lakh-crore market cap

• Govt asks sugar mills, distilleries to not use sugarcane juice, sugar syrup for ethanol

• Indian renewable energy capacity expected to reach 170 GW by Mar ’25: ICRA

• Delhi HC allows Google to withdraw its appeal against order on billing system

• Pneumonia cases in AIIMS Delhi have no link with China Respiratory infections cases: Health Ministry

• One-sided carbon tax measures by advanced nations go against Global South: FM Nirmala Sitharaman

• Indian companies' rupee bond issuance at record in 2023 on jumbo debt sales

• India’s growth will be distinctive, disruptive and responsible: NITI Aayog’s VC

• Centre approves 1st urban flood mitigation project of Rs 561.29 cr for Chennai Basin project

• Govt limits additional spending to Rs 58,378 crore, eyes fiscal prudence

• Tata Motors partners HDFC Bank for commercial vehicle financing


*Mint :*

• ACKO and PhonePe collaborate to ensure accessibility of insurance for millions

• India taps Nigeria, Argentina, Philippines to sell multi-role fighter jets

• Aditya Birla Health introduces product ‘Activ One’.

• India fabless semiconductor plans need $10 bln fund

• ED files first chargesheet against Chinese smartphone maker Vivo-India

• Government’s capex push and L&T’s engineering prowess prove a winning formula

• Adani Ports nears acquisition of Gopalpur Ports in Odisha

• Veg, Non-Veg thalis get costlier by 5-10% in November

• Starbucks faces $11 billion value loss due to poor sales, boycotts

• Raise domestic financing to fund climate action projects: IMF’s Georgieva

• Passenger vehicle makers grapple with inventory woes

• EU spirits industry seeks 50% cut in tariff in FTA with India
By: via Telegram.me/AlliesFin #StockMarket #Bharat

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) ...