Monday, 5 June 2023
Headlines from SIPfund.
*Economic Times*
ð Godrej Properties hikes stake in two subsidiaries, gets complete control
ð Bajaj Finserv to invest Rs 5k cr in Pune; will create 40k jobs, says Devendra Fadnavis
ð 88 pc wage payment under MNREGS done through Aadhaar Based Payment System in May: Govt
ð World Bank's new chief Ajay Banga asks staff to 'double down' on development, climate efforts
ð Swiss administration hit by cyber attack
ð Food-delivery firms Zomato, Swiggy clock only 7% growth in biz during IPL: report
ð Majority of EU countries against network fee levy on Big Tech: report
*Business Standard*
ð Train accident: Govt asks airlines to keep fares on Odisha flights in check
ð FPIs invest Rs 43,838 cr in India in May, likely to continue in June
ð RBI-MPC may lower inflation forecast marginally: BoB Chief Economist
ð Less than 1 in 3 startups manage to raise follow-on funding: Study
ð US Defence Secy Lloyd Austin to arrive in India for a 2-day visit on Sunday
*Financial Express*
ð Goa: Engagement group meet to discuss USD 1 trillion investment in start ups by 2030
ð Future Lifestyle gets claims of Rs 2,156 cr from 12 creditors
ð India Cements embarks on turnaround strategy
ð Pakistan would not default on any sovereign commitments: Finance Minister Dar
*Mint*
ð Odisha train accident: LIC simplifies claim process for tragedy victims
ð European Union formally notifies carbon tax at WTO
ð India’s fossil fuel burn to surge as heatwave triggers peak power demand: S&P
ð Next G20 health meeting to focus on global health priorities
India Daybook – Stocks in News
*P&G:* Net profit up 36.5% Rs 210.7 cr, Revenue up 8.9% at Rs 1,138.4 cr YoY *TVS Motors:* Net profit at Rs 536.6 cr vs poll Rs 520.0 c...
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GOA CARBON ➡️ *Short Term xxxx ðFV: ₹10 *All Time High: ₹1012* 52W H/L: ₹320/₹683 Market Cap: ₹498 crores *Promoter holding: 59.72%* *...
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100% dividend paying WPIL Ltd. posted 37% higher H1 net profit of Rs.47.89 cr. It has huge reserves of Rs.646 cr. on its small equity of onl...
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The automotive and industrial lubricant manufacturing company has reported a 3.9 percent on-year increase in profit at Rs 194.4 crore for th...