Wednesday 29 May 2024

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

*News Headlines from Business News Agencies :*

*Business Standard :*

Defence ministry tightens control on exports, increases equipment oversight

FPIs turn net buyer in May as JP Morgan Index inclusion nears

ABN Amro to buy German bank in biggest deal since 2008 financial crisis

Wall Street moves to fastest settlement of trades with T+1 system

India-France negotiations for Rs 50k-cr 26 navy Rafales to start next week

Bank credit growth to moderate to 14% in FY25 after robust growth: CRISIL

NCLAT upholds Adani Goodhomes plan with 93% haircut for Radius Estate

Volkswagen Group hits 1.5 million vehicle manufacturing mark in India

ICAI proposes new domestic networking model for chartered accountancy firms

Office space leasing by GCCs up 17% to 22.5 mn sq ft in 2023-24: Report

European Union banks seek RBI approval for third-party transaction model


*Economic Times :*

Jet Airways Insolvency: JKC withdraws plea to put Rs 200 cr in escrow after NCLAT refuses relief

Commerce ministry working on standard operating procedure for FTA negotiation

Sebi allows privately placed InvITs to issue subordinate units

PNB Housing Finance likely to see stake sale worth Rs 500 crore via block deal: Report

Reliance signs deal with Russia's Rosneft to purchase oil in roubles

DCM Shriram inks pact with ICT for R&D in chemical industry

AbleCredit raises $1.25 million in funding round led by Merak Ventures

Google, Amazon, Apple lobby group opposes India's EU-like antitrust proposal

Indian fertilizer industry on track to reach Rs 1.38 lakh cr by 2032 amidst robust growth and strategic innovations

InCred Capital appoints Julius Baer India’s Vikram Agarwal as chief operating officer

Suzlon looking at a much stronger balance sheet at the end of FY25: CFO


*Mint :*

Hindalco's Novelis files draft papers to target $12.6 bn valuation via US IPO

Modenik Lifestyle names P&G India's ex-CEO L.V. Vaidyanathan as executive chair

Toyota plans to develop smaller engines compatible with carbon-neutral fuels

Canara Bank to consider fund raising plan for FY25 on May 31

Infra.Market raises another $50 mn from Mars Unicorn Fund

Mukesh Ambani's Jio Infocomm may see public listing first, says report

Sony Pictures Networks India hires Disney Star’s Gaurav Banerjee as CEO

Jio sidesteps telco role as Radisys, NGIC team up to boost Africa 5G infra

Poonawalla Launches ‘IndusInd Bank Poonawalla eLITE RuPay Platinum Credit Card’

Adani Group to enter UPI, credit card business to compete Google and RIL: Report

Goodluck India Q4 earnings: PAT grew by 32.9%, margin at 7.4%
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...