Wednesday 26 June 2024

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

*News Headlines from Business News Agencies :*

*Business Standard :*

Tata Motors ties up with Bajaj Finance for commercial vehicle finance

India's FMCG sector to have sustained growth rate of 7-9% in 2024: Report

BII vows $75 mn to Symbiotics' 2nd green basket bond for emerging markets

Crude oil prices seen in a higher range of $85-100 per barrel: S&P Global

AstraZeneca's Imfinzi fails in late-stage trial to treat lung cancer cases

Telcos eye four spectrum bands as auction enters round 4 on Day 1

Jet Airways' Naresh Goyal moves HC, seeks extension of interim medical bail

Dairy startup co Sid's Farm raises $10 million in Series A Round

Water crisis may weigh on India's sovereign credit strength: Moody's

ICICI Bank mkt cap tops $100 bn; becomes only sixth Indian co to hit milestone

Indian imports of Russian coal decline, US shipments surge in May

India expects surge in solar cell output, says will curb imports from China


*Economic Times :*

UP cabinet okays TATA Sons' Rs 650-cr proposal for 'museum of temples' in Ayodhya

India’s external debt stands $663.8 billion at end-March 2024, rise of $39.7 billion from year before

AI startup Etched raises $120 million to develop specialized chip

Norway starts stockpiling grain, citing pandemic, war and climate change

Punjab & Sind Bank signs pact with Indian Army for salary account

Silveline Power signs agreement with SRAM Group for hydrogen-based vehicles

SaaS startup Rocketlane raises $24 million in funding

Industry pitches for tax reduction, rationalisation of duty structure in Budget

India and China top buyers of Russian fuel oil in May, LSEG data shows

Northern Arc Capital raises $75 million from Dutch development bank

Jubilant Pharmova's US arm prepays Rs 626 crore term loan

Milk prices to go up in Karnataka from Wednesday, week after fuel price hike; liquor next in line


*Mint :*

Citi appoints Jeegar Shah as CFO for India business

RBI may implement shallow rate cut even if US Fed defers: Rajani Sinha, CareEdge

The AIF industry body seeks a review of CCI’s definition of control for PE firms

ABSL AMC re-appoints A Balasubramanian as MD & CEO of the company for 3 years

Amid snail-paced monsoon, hydro power generation likely to stay weak

Microsoft hit with EU antitrust charges over Teams

L’OrĂ©al India seeks to amp up its online play, aims to become €1 bn business

IndiGo, Air India leverage AI-based tools to improve customer care service

FY24 one of the most challenging in company’s history: Wipro’s Rishad Premji

JSW Steel to spend $110 million on US facility to support US' green energy push

RBI names former central banker on Bandhan Bank board to aid succession
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...