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27 November Finance Market Headlines

FINANCE MARKET HEADLINES TODAY
FINANCE MARKET HEADLINES TODAY

Auto Industry

  1. SCALP Available for Indian Navy’s Rafale; Talks On: The missile used in a notable attack is available for the Indian Navy’s Rafale Marine fighter jets.

Banking and Finance

  1. Banks want Boards Kept out of Loan Renewals in ‘Related Party’ Cases: Banks propose changes in loan renewal policies involving directors’ relatives.
  2. States to Miss Capex Targets this Fiscal: Reduced revenues and elections impact states’ capital expenditure targets.
  3. Take FPI Custody Services out of GST: Request for GST exemption for custodian services for overseas investors.
  4. Invesco Under Sebi Lens for Alleged Violation of Rules: SEBI investigates possible mutual fund rule violations by Invesco.
  5. Banks with Record Profits in Q2 Likely to Hit a Cost Bump Ahead: Banks face potential cost challenges despite record profits.

Construction and Real Estate

  1. ‘35% of India’s Stuck Housing Deals in Noida’: A major portion of stalled housing projects in India are located in Noida and Greater Noida.
  2. Saya Group Lines Up ₹4k cr for UP: Major investment planned for real estate projects in Noida, Greater Noida, and Ghaziabad.
  3. Sebi Nod for Small, Medium REITs to Boost Investments and Liquidity: SEBI’s decision expected to enhance retail investor participation in real estate.
  4. MHADA Charging 18% Interest a Matter of Concern: Call for reduction of high interest rates charged by Maharashtra’s housing body.
  5. Macrotech Developers Aims to Trim Net Debt to Below ₹6,000 cr by March: Real estate firm focusing on debt reduction.

Technology and Telecommunications

  1. PhonePe is Set to Launch Consumer Lending by Jan ’24: Digital payments major plans to introduce consumer lending.
  2. Tatas Plan 2x Expansion of its Hosur iPhone-casing Unit: Expansion of the iPhone-casing unit in Hosur.
  3. Google Testing New Animated Emojis in Beta: Google introduces animated emoji reactions in its Messages app.
  4. WhatsApp to Show Profile Info in Chats: New feature in WhatsApp to display profile information in chats.
  5. Google may Invest in Indian AI Co Corover.ai: Potential investment by Google in an Indian AI startup.
  6. AirIndia is Taking GenAI to the Skies via in-House Integration: Air India’s integration of Generative AI in its operations.
  7. Top Electronic Cos’ Imports Fall in 5 Yrs on Local Play: Reduction in imports by leading electronic companies like Apple and Samsung.
  8. Sorin’s Sanjay Nayar Teams up with Peak for Cleantech Play: Venture into climatetech space by technology-focused venture capital fund.

Energy and Utilities

  1. Thermal Power Plants Aggravating Air Pollution in Delhi: CSE Report: Non-compliance of thermal plants in Delhi-NCR with emission standards.
  2. ONGC Charges Premium Over Brent in Crude Oil Deals with BPCL, HPCL: ONGC selling its crude oil at a premium to the international benchmark.
  3. IOC, GAIL Fined for Second Consecutive Qtr for Failing to Meet Listing Norms: Fines for state-owned oil companies for not meeting listing requirements.
  4. InoxGFL Group Looks to Invest over ₹10k crore in Renewable Energy Push: Investment plans in renewable energy by the InoxGFL Group.

Healthcare and Pharmaceuticals

  1. Ministry Urges Vigilance Amid Respiratory Illness in China: Health ministry’s warning following a surge in respiratory illness among children in China.
  2. Multiple Pathogens Behind Spike in Respiratory Illnesses, Says China: China’s health commission reports a surge in acute respiratory infections.

Food and Beverage

  1. PepsiCo India may Name George Kovoor President: Likely appointment of George Kovoor as president of PepsiCo India.
  2. Inflationary Woes Slow Down Parle’s Growth in FY23: Growth slowdown for Parle Products amid inflation.
  3. Indian Exporters Keep an Eye on China Situation: Concerns among Indian exporters about the influenza situation in China.
  4. Milk Production Increases 4% to 230.58 MT in 2022-23: Increase in India’s milk production and egg output.

Miscellaneous (17 Headlines)

  • Rescuers Now Begin Vertical Drilling at Silkyara Tunnel
  • Search Op Launched in Rajouri-Poonch Forest
  • Portal will Inform Jail Authorities on Release of Prisoners, says CJI
  • Ghazwa-e-Hind Case: NIA Conducts Raids in States
  • Nitish Defends Fresh Pitch for Special Category Status
  • Kerala Guv Remembers Ex-CM Chandy
  • Top Lingayat Body to Put Pressure on Siddaramaiah Against Accepting Caste Census Report
  • PM to Visit Dubai to Attend World Climate Summit
  • BRS’ Hat-trick Bid Faces Cong’s Bounce Back Fight; BJP Hopes For a Hung Verdict
  • Minority Mood in Telangana Keeps Poll Ring Guessing
  • ‘Deal Between Congress, BRS to Make KCR as CM, Rahul as PM’
  • KCR is Photocopy of Congress in Thinking, Approach: PM Modi
  • BJP’s Raja Singh Fights to Hold his Fort Bordering Owaisi Fiefdom
  • ‘KCR Should Say what he Did for People’
  • Delhi Air Remains ‘Very Poor’
  • Steel Demand Seen Touching 190 MT-mark by 2030: Report
  • India, 20 Others to Talk Agri Subsidies at WTO Tomorrow

Citation: Author(s). (2023, November 27). Title of the article. Economic Times.

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