Monday 5 August 2024

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

News Headlines from Business News Agencies :

Business Standard :

Bharat Coking Coal pays first-ever Rs 44 crore dividend to Coal India

Omkara ARC emerges as winning bidder for SASF's Rs 6,151 cr NPA portfolio

Hinduja group did not deposit funds for RCap acquisition: Administrator

Cabinet approves 8 high-speed road corridor projects worth Rs 50,655 crore

SBI Q1 net profit rises 0.9% to Rs 17,035 cr, NII up 5.7% at Rs 41,125.5 cr

Junk papers share of total bonds value at 20-month high in July

Ford may re-enter India after 2021 exit as western markets face speed bumps

Sovereign gold bond redemption value falls over 4% on Budget duty cut

RBI intervenes as rupee falls to new low; hits 83.76 against US dollar

Oil prices settle at 8-month low after disappointing US job numbers

Forex reserves decline by $3.47 bn to $667.386 bn, shows RBI data

JPMorgan to closely monitor Indian bond liquidity after investor curbs

Sebi looks to boost capital raising, plans to streamline IPO filing

Resolutions under Insolvency and Bankruptcy Code highest in FY24: Crisil

Record 72.8 million ITRs filed till Jul 31 deadline, says I-T department


Economic Times :

FPIs begin August as net sellers, offload Indian equities worth Rs 1,027 crore in two sessions

BSNL subscribers on rise, homegrown 4G network ready, says Jyotiraditya Scindia

Finmin asks state-owned general insurance companies to focus on profitable businesses

Numaligarh Refinery's expansion will augment crude refining capacity: Hardeep Puri

Innovation to propel Assam into global electronics supply chain: Tata Sons chairman N Chandrasekaran

RBI has agreed to Tata Sons' restructuring plan, which exempts the holding company from mandatory stock exchange listing.

Jaypee Group taps global credit funds for Rs 10k crore to bail out flagship firm

Aurm to set up safe deposit facilities with 5000 lockers in FY24

India ranks 5th in Asia-Pacific cross-border realty investments, draws $3 bln in H1

PHDCCI names Ranjeet Mehta as CEO, secretary general

OPEC+ sticks to policy of unwinding output cuts, plans to reduce cuts from October.

India's dairy sector expected to clock 13-14 pc revenue growth this year on strong demand


Mint :

Nvidia’s new AI chip delayed due to design flaws, says report

Infosys says DGGI withdraws tax demand of ₹3,898 crore for FY18

Fratelli Vineyards to debut on exchanges, aims to become ₹650-cr biz by 2028

SBI to maintain net interest margin at 3.2-3.4%, keep an eye on deposit costs

SBI Q1: Board approves fundraising of up to ₹25,000 crore via bonds in FY25

NTPC, Nuclear Power Corp. to start project by March, spending ₹50,000 crore

Goa, India's hottest beach destination, emerges a luxury real estate hotspot

Maruti Suzuki will continue efforts in low-cost car segment for budget buyers

Intel records $1.6 billion Q2 net loss; shares plunge 26% over growth forecasts

Myntra’s Nandita Sinha gets additional responsibility to lead Flipkart Fashion

HZL seeks Indian partner to set up manufacturing plant for zinc-based batteries

Reliance Capital lenders accuse IIHL of non-compliance, company denies claims

Brazil Central Bank Tightens Rules for Meetings With Outside Institutions

Delhivery to launch dark store network for rapid e-commerce deliveries
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...