Monday 17 June 2024

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

*News Headlines from Business News Agencies:*

*Business Standard*

InterGlobe Aviation to receive compensation from P&W for engine issues
Trade deficit at 7-month high on rising imports; exports up 9% in May
SBI to monetise subsidiaries after scaling up their biz: Chairman Khara
Delhivery, Xpressbees venture into quick-commerce to meet soaring demand
India in talks with Norway's Equinor for oil reserves, says report
Windfall tax on petroleum crude cut to Rs 3,250 per MT from Rs 5,200
Mahindra group may join global firms for cell production in India: MD Shah
OEMs, electronic component companies seek greater govt support
Airtel prepays dues of Rs 7,904 cr for spectrum acquisition in 2012, 2015
Telcos dial into caller ID service trials to combat rising spam calls
Employment in informal sector below pre-Covid level, shows NSO data
Non-life insurance companies report 15.5% increase in May premium
Amid call for reduced dependency, India's coal import rises 13% in April
Hyundai Motor India gears up for 21% capacity boost in H2 of FY26

*Economic Times*

Indian banks are better placed with strong balance sheet, low NPAs and higher profits: CLSA
DPIIT reviews infrastructure projects of Railways, MoRTH and MoHUA to boost Gati Shakti plan
ACME ties up Rs 5,600 cr loan for green energy project in Andhra Pradesh
Indian room air-conditioner market to reach Rs 50,000 cr by FY29: Voltas
HDFC Bank may take infra bond route to raise around Rs 15,000 crore
With 30 pc topline growth, Godrej Appliances expects to join billion-dollar club in FY25
Dish TV shareholders reject director appointments once again
GIFT City gets record bid for 5.22 lakh sq ft development rights in SEZ
Chinese firms seek anti-dumping probe into pork imports from EU
Hyundai unit files for India IPO that could be country's biggest
Microsoft to delay release of Recall AI feature on security concerns
SBI concludes issuance of $100 million foreign bonds
India to become sixth country to have deep sea mission: Jitendra Singh

Mint

Government to offer 62 coal blocks in auctions next week
Govt misses wheat procurement, FCI stocks at 16-year low
Biocon API facility in Visakhapatnam receives 3 observations from USFDA inspection
Wipro wins multi-million dollar deal from Standard Chartered
Fake Chinese titanium sold to Boeing and Airbus to build planes? FAA begins prob
Paytm in talks with Zomato to sell its movie and ticketing business: Report
Sebi cancels registration of Grovalue Fin Services for violating market norms
India air travel: International footfalls are not growing as fast as domestic
Banks Test Appetite for €4 Billion Vodafone Spain Buyout Debt
ECB’s Lagarde Says Disinflation in Euro Zone Will Be Bumpy
Google CEO testifies at trial of collapsed startup Ozy Media and founder Carlos Watson
Pharma department seeks report on drug misuse, eyes NDPS Act inclusion
RBI completes special audit of IIFL Finance to address regulatory concerns
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...