Monday 15 July 2024

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

*News Headlines from Business News Agencies:*

*Business Standard*

HAL aims to deliver first LCA Mark 1A by Aug 15; GE engine supply by Sept
India records 163% increase in electronic waste, says UNCTAD report
Industry body urges FM Sitharaman to continue 45-day MSME payment rule
HCLTech Q1FY25 results: Net profit rises 20.4% to Rs 4,257 crore
Airways major Lufthansa slashes 2024 profit target for a second time
Nabard arm launches Rs 750 cr agri fund to finance startups, rural cos
Forex reserves jump $5.16 bn to $657.16 bn as of July 5: RBI data
Airbnb sees 30% bookings surge from Indian guests for Paris Olympics
Fintech firm Partior raises $60 mn Series B round led by Peak XV Partners
Major credit card issuers go live on Bharat Bill Payment Systems
Citigroup's profit climbs on investment banking surge, services strength
Credit card spending upwards despite rise in risk weights, says Visa

*Economic Times*

Crude prices to average at $83-88 in FY25, may increase govt fiscal burden: CRISIL
Signature Global to launch housing projects worth Rs 13,000 cr by March next year: CMD Pradeep Aggarwal
Exports positive in April-June quarter despite global challenges: Piyush Goyal
India's overall SDG score on national index up in 2023-24 at 71: NITI Aayog report
Fitch Ratings revises outlook on Tata Steel to negative amid uncertainty surrounding UK biz
Airbus launches new cost-cutting drive after output woes, sources say
Aviation regulator DGCA allows IndiGo to carry pre-flight briefing data in digital form
Oppo expects to maintain double-digit growth in Reno series sales
Wells Fargo Q2 Results: Profit falls, misses estimates on deposit costs
Residential launches decline 11% in first half of 2024: Report
Air Liquide India sets up manufacturing unit in Mathura with Rs 350 cr
Essar Energy Transition to build Europe's first hydrogen-fuelled power plant

*Mint*

India sees industrial output grows 5.9% in May, led by mining and power sectors
Instead of merger plan, MTNL operations to be given to BSNL, says report
PC Jeweller to raise ₹2,705 crore via share warrants issue
Anicut Capital to raise ₹1,500 cr for its largest private credit fund
NELCO Q1 Results: profit falls by 20.42% YOY
K&R Rail Engineering Ltd signs an MOU with South Korean major UNECO
Coal India plans to ease e-auction rules to stoke demand
KBC Global Ltd has handed over possession of 109 Residential units in Nashik
Budget may lay out Vision 2047 to build roads worth ₹20 trillion
Filatex Fashions Ltd Board Approves 5-for-1 stock split
Over 15,000 investor complaints received in Q1 FY25, over 7,000 in June alone
RBI and Sebi must redo its overseas investment policy for AIFs
Earnings Preview: Cement companies likely to report subpar performance in Q1FY25
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...