Friday 7 June 2024

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

*News Headlines from Business News Agencies :*

*Business Standard :*

NCLAT dismisses plea filed by foreign investors against edtech giant Byju's

Domestic air passenger traffic grows 5.1% to about 138.9 mn in May: ICRA

Sebi warns ICICI Bank over investor outreach for ICICI Securities delisting

Orient Green Power eyeing to raise authorised share capital to Rs 2,500 cr

Over $23 bn of sustainable infra projects identified at IPEF eco forum meet

AC sales may touch new record of 14 mn units by end of 2024: CEAMA

PNB MetLife appoints Sameer Bansal as MD, CEO; to succeed Ashish Srivastava

BlackRock, Citadel Sec-backed group to start new stock exchange in Texas

Nisaba Godrej resigns from VIP Industries board over leadership differences

Google acquires Cameyo to bring vistualised Windows apps on ChromeOS

Nazara Tech arm to acquire US-based Soap Central

Kalpataru Projects Board to meet on June 10 to mull fund raise


*Economic Times :*

Tata Steel says in talks with Dutch govt on proposed decarbonisation roadmap

Zoho applies for semiconductor manufacturing facility in India

RBI sets up panel to track online payment frauds; AP Hota to head committee

ZEE board approves raising upto Rs 2,000 crore through equity or other modes

SBI and Muthoot Microfin join forces to support women entrepreneurs

Paytm reports almost flat growth in UPI payments in May

Sebi issues financial disincentives guidelines for bourses, other MIIs for surveillance lapses

China says it never uses EV subsidies barred by WTO

China's Space Pioneer raises $207 million to fund rocket development

India to spend up to $385 bln to meet renewable energy target, Moody's Ratings estimates

Sony India elevates Jaideep Janakiram to head of International business


*Mint :*

Wipro bags $550 million-deal from US communication service provider

HUL appoints Arun Neelakantan as executive director-customer development

Eighth round of India-EU free trade talks to start on 23 June

Struggling MX Player to offload key assets to Amazon

BJP's inability to get majority could hurt ambitious reform agenda: Fitch

ITC shareholders approve demerger of hotel biz with 99.6% majority votes

Centre plans to procure 1mt of chana dal at market price to replenish buffer

Chinese battery suppliers tied to Ford, VW should be banned, GOP lawmakers say

Cummins India battles stiff competition, export challenges

Bigbasket eyes quick commerce for electronics with Croma tie-up

Federal regulators grant antitrust probe into Microsoft, OpenAI and Nvidia
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...