27 November Finance Market Headlines


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 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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