Monday 18 December 2023

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

News Headlines from Business News Agencies:

Business Standard

• India's exports shrink again in Nov after Oct high; trade deficit narrows
• Govt issues revised order to allow use of sugarcane juice to make ethanol
• Bank NIMs may dip further by 30 bps over few quarters: CARE Ratings
• India, Oman adopt vision document to expand bilateral cooperation
• India's growth story is going to be distinctive, unique: HUL's Rohit Jawa
• Royal Enfield faces fresh challenge from Harley in India's biker paradise
• Spicejet's domestic market share makes consistent gains towards 2023-end
• JM Financial appoints Axis Capital's Chirag Negandhi as managing director
• PharmEasy bags Rs 1.3K cr from Pai; Rs 3.5K cr rights issue oversubscribed
• Petroleum Ministry has given nod to import Venezuelan crude: Officials
• India's foreign reserves jump to a five-month high of $607 billion
• Investing half a billion dollar in our generics business: Biocon MD & CEO
• Sebi issues warning to Care Ratings and orders corrective measures
• NCLAT refuses to stay Zee-Sony merger, case to be heard on January 8

Economic Times

• Haryana-based pharma firm MITS plans to expand across India, abroad
• Reliance General Insurance unveils global healthcare policy
• Sterling and Wilson Renewable raises Rs 1,500 crore via QIP
• Zydus Lifesciences gets USFDA nod to sell generic anti-epileptic medication
• Lowering logistics costs to 5-6% of GDP doable: Piyush Goyal
• ESIC to set up nine hospitals in Maharashtra, MP, Uttarakhand
• Courtyard by Marriott opens a new property in Gorakhpur
• Apple to pay $25 million to settle lawsuit over Family Sharing feature
• Dollar rebounds as Fed's Williams talks down rate cuts
• Motisons Jewellers raises Rs 36 cr from anchor investors
• Honda Elevate crosses 20,000 sales mark
• Oil prices remain under pressure on softening demand and oversupply worries
• Activision to pay $50 million to settle workplace discrimination lawsuit

Mint

• ONGC launches Shared Finance Services to centralize vendor payments
• Hero MotoCorp to buy additional 3% stake in Ather Energy for up to ₹140 crore
• FPIs pump ₹42,733 in Indian equities in Dec; Inflows rise after US Fed stance
• Sun Pharma, Lupin recall drugs in US over manufacturing issues: USFDA
• Surat airport to get international tag as Cabinet clears proposal
• With three months still to go, NTPC Mining outdoes its FY23 coal output
• SoftBank sells PB Fintech shares worth ₹914 crore
• Cipla hikes stake in digital tech company GoApptiv
• Emami Group shows a ₹2,000 crore appetite for its food business
• NCLT Mumbai approves sale of Reliance Communications' real estate assets, shares
• India 10-year bond yield logs biggest weekly fall in over 7 months on dovish Fed
• DOMS IPO Issue subscribed 93.52 times; QIB, retail record huge demand
• Steel ministry begins industry consultations as imports exceed exports
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*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...