Friday 28 June 2024

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

*News Headlines from Business News Agencies:*

*Business Standard*

Govt to give 5-yr extension for export credit scheme amid economic slowdown
Realtors expand portfolios, boost investments on strong demand in FY25
Govt securities to be included in JP Morgan Bond Index from June 28
Crude prices may remain higher at $85-100 in short term: S&P Global
CtrlS to invest Rs 2,200 crore in Kolkata data centre campus in phases
EU top court rejects drugmaker Servier appeal against EU antitrust fine
UP govt builds 4.8 MT of fertiliser inventory; to cover 84% of demand
Industrial sector in Rajasthan fears output slump after power cut order
H&M sinks on doubts about margin target, June sale drop due to bad weather
Truecaller, HDFC ERGO tie up for insurance product to safeguard subscribers
GST suppliers giving discounts must ensure undertaking from client: CBIC
Tata Group retains top spot as India's most valuable brand at $28.6 billion

*Economic Times*

Dialog acquires 100% in Airtel Lanka via share swap deal
India to enter into bilateral Rupee swap agreements with SAARC countries: RBI
RBI cautions against surge in private credit between corporates and non-banks
Fintech lenders have high delinquency levels in small value loans says RBI
US sanctions Boeing for sharing information about 737 Max 9 investigation
Delta Exchange launches India platform for crypto futures & options trading
London PE Finnest takes majority stake in cloud kitchen firm Kitchens@ with $160 million investment
Cooper Corp, Sinfonia Tech join hands to introduce LPG gensets in India, Japan, ASEAN countries
Emkay Investment Managers launches Emkay Capital Builder Fund AIF
Indian banks' gross NPA ratio at multi-year low of 2.8%, net NPA down to 0.6% in FY24: RBI Fin Stability Report
Serentica seeks partners for supply of 800 MWh battery energy storage systems

*Mint*

SEBI mandates NRI corpus contribution below 25% in new registration rule for FPI
Govt sanctions ₹700 crore for setting up pharma and med tech centres
India's Q1 housing sales rise 5% annually to 1.2 lakh units; demand dips 8%
Brigade Enterprises launches residential project in Bengaluru
Goldman Sachs deploys its first generative AI tool across the firm
Bain Capital-backed Emcure Pharma to float IPO on July 3
Promoters go on an encashment spree, raise ₹62,000 cr via stake sales in 2024
Tariff hikes next on agenda for telcos after auctions
MapmyIndia aims for ₹1,000 cr of revenue by FY27 but faces speed bumps galore
Yes Bank fires 500 staff, undertaking reconstruction, says report
Nvidia AGM: Shareholders approve CEO Jensen Huang's $34 million pay package.
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...