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Monday, August 5, 2024

News Headlines from Business News Agencies

*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

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