Monday 1 January 2024

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

*News Headlines from Business News Agencies:*

*Business Standard*

RBI extends Payments Infrastructure Development Fund scheme till 2025
Automobile major M&M gets Rs 4.12 crore tax penalty; company to challenge
OMCs hike procurement price of ethanol produced from C-heavy molasses
Many Indian HNIs being asked by foreign banks to shut accounts: Report
PhysicsWallah FY23 revenue up 3.4x, profitable for third consecutive year
Registration of properties in Mumbai city may rise 33% in Dec: Report
Former NITI Aayog VC Arvind Panagariya to lead 16th Finance Commission
With localisation, electronics manufacturing to be $115 bn in 2024: Report
Dec 2023 becomes highest funded month as startup investments cross $1.6 bn
Exports to Australia see upward trend, owing to duty concessions under ECTA
MICL Gr to invest Rs 50 cr for residential property redevelopment in Mumbai
Microsoft rolls out Major Copilot update on Edge for Android, iOS
Pharma lobby bats for drug approvals in India to align with global markets

*Economic Times*

Reliance becomes first in India to use chemical recycling for circular polymers
Indian steel demand boom to continue in FY24: Crisil
Defence Secy inaugurates new design and test facility for Aero Engine R&D at HAL
Major e-commerce trends that can reshape the industry in 2024
Pine Labs FY23 revenue surges 56% to Rs 1,588 crore, losses dip marginally
Gujarat's semiconductor policy drawing interest from Japanese, South Korean firms
Nvidia launches new gaming chip for China to comply with US export controls
Indian households' net financial savings falls to 5.1% in FY23 from 11.5% in FY21 as liabilities rise
MG Motor India to introduce seven new models in India in 2 years
India will continue buying Russian oil, says FM Nirmala Sitharaman
Amazon India’s logistics unit sees revenue fall marginally to Rs 4,543 crore
Amazon Pay India FY23 revenue growth remains flat at Rs 2,093 crore, losses down 13%

*Mint*

Govt raises interest rates on 2 small savings schemes by 10-20 bps for Jan-March
Oil retailers raise procurement price of ethanol made from C-heavy molasses
Swan Energy board approves ₹4,000-crore fundraise, its second in three months
GST Council gives extra time to tax officials for recovery of FY19, FY20 dues
NBFCs gave most retail loans to buy vehicles and houses, reveals RBI data
Domestic flows impel FPI investment in India to record high this year
Toyota stresses on incentivizing hybrids to drive EV adoption
Non-tech jobs gain edge; Oil firms clock 9% jump in hiring in Oct-Nov 2023
Indian market placed well for long term: Nilesh Shah of Kotak Mahindra AMC
Future security at risk as retirement saving slumps in 2023, reveals survey
Morgan Stanley's straight-talking new CEO Ted Pick taking charge
Waaree Energies files DHRP, includes fresh issue up to ₹3000 crore and an OFS.
Rice trade said to be affected by Red Sea crisis, says minister Goyal
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...