Friday 13 September 2024

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

*News Headlines from Business News Agencies :*

*Business Standard :*

Airtel Business inks pact with Sparkle to enhance connectivity with Europe

Govt asks coal block holders to start production in auctioned mines

Hiranandani to invest Rs 3,200 cr to redevelop 5 Mumbai housing societies

India to lead global oil demand growth in 2024, surpassing China: IEA

Paytm to focus on core business; deliver profitability soon: CEO Sharma

EaseMyTrip launches ScanMyTrip, a first-of-its-kind travel platform on ONDC

NaBFID plans Rs 53,000 crore debt raise in FY25, says MD Rajkiran Rai

Auto dealers can claim ITC on demo cars used for promoting sales: CBIC

Private sector needs to step up infrastructure investment: DFS secretary

Palm oil imports in Aug fall over a quarter as buyers shift to soyoil

Want Opec+ to raise oil output to meet demand, says oil secretary


*Economic Times :*

ECB cuts deposit rate by 25 basis points to 3.50% as growth dwindles

Fuel aggregator platform Nawgati aims to onboard 20,000 outlets by 2025-end

India's Industrial Production grows at 4.8 per cent in July 2024

Eastman Auto & Power aims turnover of Rs 10,000 cr by FY26

Sunsure Energy to supply 21 MW solar power to Lupin's Tarapur facility

DFC commits USD 20 mn long-term loan to Panacea Biotec

NMDC exploring mining opportunities for critical minerals overseas

Regional air connectivity scheme made air travel inclusive, says Prime Minister Modi

Current refining margins on fuel unsustainable, will hurt refiners: Oil secretary

Sector funds show sustained traction among investors in August backed NFOs

EET appoints Ruth Herbert as MD, business development and strategic initiatives


*Mint :*

India's retail inflation rises to 3.65% in August: Govt data

India better than US and Germany in inflation management, says SBI report

Kaynes to keep away from fabs for now, focus on chip facility, says CEO

Vedanta Aluminium doubles down on value-added AL to cash in on India's EV drive

HDFC Bank in talks with global lenders to offload ₹84 billion in loans

PwC laying off 1,800 employees, plans restructuring of products business

Microsoft to lay off 650 support employees in Xbox Games unit

Govt may cut petrol and diesel prices if global prices remain low

US companies exit China amid record low profits and waning confidence: Report

GM, Hyundai explore partnership to develop vehicles together

SBI cards to consider fund raising up to ₹5,000 cr via NCDs
By: ۞ A X i T D S H A H ۞ 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...