Wednesday 21 August 2024

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

*News Headlines from Business News Agencies :*

*Business Standard :*

RBI asks banks to monitor credit-deposit gap to avoid liquidity issues

Phoenix invites bids from ARCs for sale of Rs 3,550 crore retail NPA

Banks' borrowings in India crosses Rs 9 trillion-mark in July: RBI

Expects positive news on indigenous Mpox vaccine within a year: Poonawalla

Zomato zooms past Swiggy in terms of growth in July, captures more market

No plan to probe Buch over Hindenburg row: FinMin sources deny media report

Trai urges telcos to control misuse of message headers, content templates

Account Aggregator ecosystem clocks 100 million consents on framework

Global gaming major Flutter bets big on India, opens GCC in Hyderabad

Grasim records Rs 1.30 trillion revenue for FY24, driven by cement business

EU approves $5.5 bn German aid under Chips Act for ESMC Dresden plant


*Economic Times :*

FPIs turn to the primary market amid soaring valuations in the secondary market

Mynd IFSC launches M1NXT in GIFT City to push trade finance

Granules India gets USFDA nod for generic Glycopyrrolate oral solution

Indian companies to spend $45-50 billion in capex over 1-2 years, RIL to lead: Moody's

Sebi mulls making rights issues more lucrative for companies to raise money

Axiscades subsidiary bags energy storage project by UK-based Highview Power

ARC assets set to drop 7-10% this FY amidst stiff competition from NARCL: CRISIL

JR One Footwear to set up two more factories in TN

BharatPe to offer secured loans to merchant partners; announces partnership with OTO Capital and Volt Money

UBS pegs $15.4 billion enterprise value to Zomato's Blinkit business

Four listed REITs distribute Rs 1,371 cr to unitholders in June quarter


*Mint :*

Supreme Court declines Byju's plea to block formation of creditors' committee

GIFT City regulator halts approvals for local families to invest abroad: Report

Reliance-Disney's $8.5 billion media merger will hurt competition, says CCI

Recent tariff hikes will drive higher ARPU for telecom operators: Report

Retail investors continue to dominate mutual funds, hold 61% of total assets

Reliance Capital administrator defends use of 'Reliance' brand amid dispute

Exports of key commodities fall in April-July amid rising trade deficit

MobiKwik turns profitable, aims to boost offerings for small-town merchants

Greaves Cotton arm partners with River Mobility to offer customised Financing Solutions

Axis Bank to sell stake in finance unit, looks at listing too

IOC, HPCL and BPCL consortium in talks with Equinor to secure LPG contract

US seeks L&T chair S.N. Subrahmanyan’s testimony in Cognizant bribery case
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...