Friday 24 May 2024

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

*News Headlines from Business News Agencies :*

*Business Standard :*

IndiGo Q4 results: Net profit zooms 106% to Rs 1,895 crore, revenue up 26%

India to get rating support if it uses RBI dividend to reduce deficit: S&P

Ind-Ra expects stable operating performance for most infra projects in FY25

RBI's surplus transfer sparks hope for reduced govt borrowing by Rs 1 trn

IndiGo to introduce business class in flights on busiest routes this year

Flash composite PMI up at 61.7 in May, job creation strongest in 18 years

Road transport fleet operators revenue to grow at 9-11% in FY25: CRISIL

Sebi proposes to include Green Credit Program under BRSR framework

Delhivery partners SUGAR Cosmetics for pan-India B2B logistic operations

Tesla breaks ground on Megapack energy storage battery factory in Shanghai

Emcure, Gennova settle legal dispute with US-based HDT Bio, sign agreement

India's use of crude tankers to export diesel to European Mkts slows in May


*Economic Times :*

ITC to seek shareholder approval on June 6 for hotels biz demerger

Domestic travel, tourism sector ready to capitalise on upcycle: IHCL MD Puneet Chhatwal

Technology-enabled professional services firm Sikich Secures $250 Million minority growth investment from Bain Capital

Govts, tech firms vow to cooperate against AI risks at Seoul summit

India needs lower tax on recruitment services to boost jobs, says industry body

Hiring for new roles to take 27 pc efforts of HR professionals in FY25: Report

Pre-owned car market expected to touch 1.09 cr units by FY28: Report

Household income, employment outlook returns to pre-pandemic levels

Sterlite Power gets stakeholders' nod to demerge transmission biz

NHAI's infra trust got $217.13 mn in FY24 from Canada Pension Plan Investment Board

Govt plans big scale radiation processing of onions to prevent shortages


*Mint :*

India's peak demand hits 235 GW, power generation up 10% in April

Google begins production of Pixel 8 in India with Dixon Technologies: Report

ICICI Lombard gets GST show-cause notice worth ₹288 crore

Starbucks India revenue up 12% in FY24, loss widens to ₹81 crore

Mamaearth parent, Honasa Consumer, posts highest quarterly profit of ₹30.4 cr

Insurers to reveal number of insurance claims pending and disposed of: IRDAI

Emkay projects Brent oil price range at $83 to $92 per barrel in short term

IMF warns France to cut debt load, sees higher deficit

Merger talks between NSE, BSE offshore arms called off

Apis Growth, Madison Capital sell stake in Star Health via block deal

Google to tieup with Foxconn to set up plant in TN to manufacture Pixel phones
By: via AlliesFinServe #StockMarket #Bharat Telegram.me/AlliesFin

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

*Fund Houses Recommendations* Macquarie on *JSW Steel:* Upgrade to Outperform on Company, raise target price at Rs 1077/Sh from Rs 884/Sh...