Friday 26 July 2024

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

News Headlines from Business News Agencies:

Business Standard

IDBI Bank investors receive security clearance; await RBI approval
Govt to handle $5.1 bn bond payments for MTNL amid liquidity crisis
Texmaco Rail and Engineering acquires Jindal Rail Infra for Rs 615 crore
Ashok Leyland Q1 FY25 results: Net profit declines 6% to Rs 509 crore
Tata Motors' market capitalisation crosses Rs 4 trillion for the first time
GCCs may occupy 26 million sq ft office space by 2027: Knight Frank India
First draft of revised direct tax code in 6 months: Revenue secretary
Climate events threaten loan repayment abilities: RBI deputy governor Rao
I-T Act review attempt to make it simpler for taxpayers: CBDT chairman
Rajasthan govt plans Jaipur Metro expansion to key areas in Phase-II
Regional print media to grow 8-9% from ad revenue, lower costs: CRISIL

Economic Times

SoftBank-backed Ola Electric suspends car project to focus on scooters, bikes
CIC, two Information Commissioners working in transparency watchdog: Government
Unimech Aerospace raises Rs 250 crore led by Steadview Capital, others
India's duty cut halts concessionary silver, platinum imports from UAE
Air India Express adds Agartala to its network as its 46th destination
Auto component industry turnover up 10 pc at Rs 6.14 lakh crore in FY24: ACMA
Indian cybersecurity startups on growth path: Accel’s Prayank Swaroop
Coal based power capacity needs investment of Rs 6.67 lakh cr to meet demand by 2032: Power Ministry
Lowered customs may improve India’s global position in apparel and footwear market
Nokia brand fading away as HMD smartphones take baby steps
Embassy REIT Q1 Results: NOI sees 4% jump, 70% YoY growth on leasing witnesses

Mint

Govt extends deadline for pharma cos to submit UCPMP undertaking till 31 July
India's market capitalisation to GDP ratio hits new high of 124% in FY24
Mankind Pharma emerges as frontrunner to acquire Advent-backed Bharat Serums
Govt races to register 10,000 farmers’ producer organisations by year-end
Hyundai Motors profits exceed analyst estimates, focus on hybrid cars demand
Nestle India Q1 Results: Net profit rises 7% to ₹747 cr, revenue up 3.3% YoY
Maharashtra leads in electric buses, Delhi is a close second: Govt
Sebi directs NSE to review transactions between Linde India and Praxair
Rural markets to grow faster than urban in FY25 on good monsoon: Kantar
Global economy surpasses expectations with 3.2% growth in 2023
ICMR releases 32 new treatment standards for five specialties.
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...