Thursday 27 June 2024

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

*News Headlines from Business News Agencies:*

*Business Standard*

Sembcorp files case against Siemens Gamesa over unsettled arbitration
Hyundai to pay $40mn fee to banks advising on India IPO, 2nd biggest payday
India Energy Storage Week to witness Rs 2,000 cr investment announcements
Spectrum auction ends on Day 2 with total Rs 11,340 cr bids, officials say
Vodafone Idea in talks with Samsung to expand 4G, 5G with vRAN solutions
FY25 GDP growth may come close to 7.5%: NCAER's Monthly Economic Review
Budget should raise basic exemption to Rs 3.5 lakh under new tax regime: EY
India must add 1.7-3.6 GW data centre capacity to its 2028 target: Report
Bombay HC directs Subhash Chandra to furnish documents sought by Sebi
Govt to form Mediation Council to streamline business dispute resolution
Indian diaspora breaks record with $107 billion remittance surge in FY24
CDSCO says 52 medicines, including Paracetamol, failed quality check in May

*Economic Times*

Farm loan waivers to negatively impact banks' asset quality: Macquarie
Global tyre makers accelerate make-in-India plans, buoyed by govt's PLI scheme
Odisha govt planning to ban liquor like Gujarat and Bihar, says minister
SBI General Insurance appoints Naveen Chandra Jha as MD & CEO
Matter Motors raises Rs 82 crore from Japan Airlines & TransLink Innovation Fund
Inox Green Energy Services gets board approval to raise Rs 1,050 crore
Groww Mutual Fund files draft document with Sebi for Nifty EV & New Age Automotive FOF
SBI raises Rs 10,000 cr via bonds to fund infra projects
Juniper Green Energy secures renewable PPAs in Gujarat, Rajasthan
FHRAI seeks infra status for hotels, convention centres in pre-Budget meet
Titan Eye+ to resume expansion strategy amid growing eyewear market

*Mint*

Bharti Airtel acquires 97 MHz spectrum for ₹6,857 crore at auction
AM Naik steps down as Chairman of LTIMindtree; SN Subrahmanyan to succeed
Centre plans to restructure drug pricing committee
Relief for Byju's as France-based Teleperformance withdraws bankruptcy plea
BHP says carbon offsets remain an option on road to reducing emissions
ISRO arm NSIL signs $18-mn deal with Australia for commercial satellite launch
Kogta Financial raises $148 million from Ontario Teachers’ Pension Plan
Jubilant Ingrevia appoints Varun Gupta As CFO of the company
FMCG firms will strategically boost ad spends as demand stabilizes
Route Mobile owner Proximus Opal eyes Nasdaq listing
Tata Electronics signs tech pact with US chip firm for Dholera fabrication plant.
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...