Tuesday 25 June 2024

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

News Headlines from Business News Agencies:

Business Standard

S&P Global Ratings retains India's growth forecast for FY25 at 6.8%
From 1% deficit in Dec, current account 0.6% in surplus in Q4: RBI
Zee Entertainment CEO Punit Goenka buys majority stake in Maverick Media
Elcid Investments settles disclosure lapses case with Sebi, pays Rs 17.3L
WeWork's exit from India unit unlikely to impact domestic co-working market
Centre imposes stock holding limit on wheat; says no shortage anywhere
Fast fashion retailer Shein filed for London listing in early June: Report
Sun Pharma completes Taro merger, acquires all outstanding shares
Krisumi to invest Rs 2,000 crore for 1,051 new luxury homes in Gurugram
Oyo opens first luxury hotel in Dubai, eyes boosting premium properties
Govt cancels 14 critical mineral block auctions launched in second tranche
Trade bodies ask Rajasthan govt to focus on ease of doing business

Economic Times

SBI plans to raise Rs 10,000 crore via infrastructure bonds on Wednesday
Maiki South Mining secures India's first Lithium and REE blocks of Chhattisgarh with FPO of 76.05%
Sumadhura Group eyes over 3-fold turnover growth to Rs 5,000 cr in 2024-25
Scepticism drives EVs to a disadvantage over ICEs when it comes to financing
IBJA appoints Aksha Mohit Kamboj as Vice President
Adani group firm Ambuja Cement bags 24 limestone mines in FY24
India buys record amount of sunflower oil as Ukraine-Russia fight for market share cuts price
Route Mobile enables WhatsApp ticketing for Nagpur, Hyderabad, Pune metro services
DGTR for continuation of anti-subsidy duty on certain type of steel pipes, tubes from China, Vietnam
RBI urges banks to address credit gaps for underserved sectors
Shoppers Stop aims to open 60 new INTUNE stores in FY25

Mint

India's CAD reduces to 0.7% of GDP, records surplus of 0.6% in Q4: RBI
Bharti Airtel in talks with Vodafone for majority stake in Indus Towers: Report
Govt’s generic pharmacy stores to stock top 200 medicines round the clock
Masdar, AIIB, Sojitz, Mitsubishi, Gentari, IFC eye Hygenco stake in $400 mn deal
Apple charged with breaching EU tech rules, faces another probe
Ujjivan SFB’s investors appear focused on short-term challenges
Paytm joins hands with Skyscanner, Wego, GoogleFlights as it eyes expansion
Prosus gives up on Byju’s, writes off its entire investment in the online tutor
Sony Pictures Networks India appoints Disney Star’s Gaurav Banerjee as MD, CEO
JSW Energy subsidiary wins wind-solar hybrid project
Indian steel exports struggle against China's ultra-cheap shipments
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...