Saturday 27 July 2024

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

Today's Headlines from :

*Economic Times*

Aditya Birla group forays into jewellery retail with 'Indriya'

US inflation rises moderately in June

SBI Card Q1 Results: PAT flat YoY at Rs 594 crore, revenue jumps 11%

Power Grid Q1 Results: Standalone profit falls 4% YoY to Rs 3,412 crore, revenue down 2%

Standard Glass Lining Technology to raise Rs 600 cr via IPO, files DRHP with SEBI

Govt provides Rs 37,000 cr fertiliser subsidy till July 22 this fiscal

Digital payments rise 12.6% at March-end 2024: RBI data

India's forex reserves jump to a new record high of $670.86 bn as on July 19

Toonsutra raises funding from Funimation founder Gen Fukunaga

Temasek-backed debt financing platform EvolutionX shifts fund focus to India from China

Startup funding plummets 80% YoY to $58.3 million this week

*Business Standard*

Rs 1.9 trillion share sales via IPOs over six years in LTCG tax crosshairs

RBI's draft LCR norms: Banks likely to see 4-11% impact on earnings

Cipla Q1 results: Net profit up 18% at Rs 1,177.64 cr, revenue rises 5.8%

IndiGo Q1 FY25 results: Net profit declines 11.7% to Rs 2,728.8 crore

DLF plans to launch Rs 1.04 trn worth real estate projects in medium term

Sun Pharma receives US FDA approval for drug to treat alopecia areata

Canara Bank plans to open 250 branches to boost Casa deposits: MD & CEO

Shriram Finance Q1 FY25 results: Net profit rises 18.6% Rs 2,030 crore

India has highest trade deficit with China, gap narrowing: Piyush Goyal

Five entities enter test phase for 5th cohort of RBI's regulatory sandbox

Kharif sowing up 2.3% at 81.18 million hectares from last year, shows data

Reserve Bank of India releases PCA framework for urban cooperative banks

*Financial Express*

Trai issues consultation to explore need for separate voice and data plans

Regulator revises tariff policy for petro pipelines

Higher PLI budget to promote specialty drugs and gene therapies

*Mint*

Govt eases export promotion scheme to cut transaction cost, promote automation

EPFO pays ₹57,316 crore in Q1 to settle 1.36 crore claims, enrollments rise

Govt extends electric mobility scheme by 2 months with additional ₹278 cr outlay

US returns 262 antiquities to India, signs agreement to curb illicit trade

Nearly 85% of capex loans to states released in FY24: Finance ministry

Apple reduces iPhone prices in India up to ₹6,000 with customs duty changes

Indian market achieves 8th consecutive week of gains, longest streak in 14 years

Lower debt-to-GDP could boost India’s chances of a credit rating upgrade: Fitch

IndusInd Bank Q1 Results: Net profit rises 2% to ₹2,171 crore, NII up 11% YoY.
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...