Wednesday 17 July 2024

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

Today's Headlines :


*Economic Times*

Govt reconstitutes NITI Aayog; no change in the top positions

Adani-Sirius JV acquires cloud platform company Coredge.io

NCLT admits GVK Power & Infra with dues of Rs 18k cr to insolvency

Domestic air passenger traffic grows 6 pc to 1.32 crore in June: DGCA

Tata Power to invest Rs 20,000 crore in FY25: N Chandrasekaran

IMF raises India's GDP forecast to 7% for 2024-25

Sebi mulls new asset class to fill gap between mutual fund, PMS

Canara Bank raises Rs 10,000 crore through infra bonds at 7.40% coupon

India sees 12% surge in company registrations, 73% jump in LLPs in June

Tekion Corp raises $200 million in funding at valuation of over $4 billion

AI startup UptimeAI raises $14 million in funding round led by WestBridge Capital

Healthcare finance startup Icanheal raises Rs 15 crore funding from IvyCap Ventures

Namma Yatri raises $11 million in funding round led by Blume Ventures, Antler, others

*Business Standard*

Paytm gets Sebi warning for transactions with banking unit, defends itself

Adani, Wilmar considering to sell $670 million stake in joint venture

Bajaj Auto Q1 PAT up 18% at Rs 1,941.79 cr on double digit revenue growth

Govt deposits Rs 92 cr to clear immediate bond interest dues of MTNL

Ola Electric likely to drive in IPO at a lower valuation of $4.5 billion

Edtech firm Byju's on sticky wicket as NCLT admits BCCI's insolvency plea

Zee Entertainment Enterprises to raise $239 million through FCCB

Pune-based ElasticRun eyes operational profitability by end of October

Bharti Airtel Foundation launches scholarship programme for students

L&T Finance Q1 results: Consolidated net up 29% on healthy margins, fees

Cipla receives additional Rs 773.44 crore tax demand from income tax office

Mankind Pharma inks pact with Takeda to commercialise acidity drug in India

MSMEs urge RBI to allow P2P lending, crowdfunding to overcome credit gaps

Jio, Airtel cumulatively gain 3.44 mn mobile users in May, shows data

Public-sector banks make beeline for fundraise via infrastructure bonds

*Financial Express*

 Positive SC verdict on AGR could save telcos Rs 50K cr

CRISIL’s June quarter profit remains flat at Rs 150.11 crore, revenue up 3.4% on-year at Rs 797.35 crore

Oil import bill up 11% in June on reduced Russian discounts

SaaS unicorn Icertis to further ramp up GenAI spending

*Mint*

Musk to Move X, SpaceX Headquarters to Texas From California

Gold reaches all-time high on Fed rate cut expectations; silver marginally up

Fresh tariffs could see interest rates stay higher for even longer, IMF warns

Govt directs big retail chain to cut pulse prices

IMD warns of extremely heavy rainfall in South, Central India for next 4-5 days

HNIs pivot towards early-stage startups as late-stage entities face correction

Japan, US banks back atop Asia investment banking

Office market touches 34.7 mn sq ft transactions in H1 2024

Bengaluru to dominate India's commercial real estate market by 2030: Report
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...