-->

Ad Unit (Iklan) BIG

IndiaTV Business: Google News Feed: Digest for July 05, 2023

IndiaTV Business: Google News Feed

IndiaTV: Business RSS Feed

Table of Contents

State-owned Punjab National Bank (PNB) on Saturday said it has partnered with Gujarat Cooperative Milk Marketing Federation Ltd (GCMMFL), better known as Amul, to offer financial services to federation's supply network pan-India under the MUDRA scheme.
Nirmala Sitharaman on GST: Union Finance Minister Nirmala Sitharaman said on Saturday (July 1) that the Goods and Services Tax (GST) has done justice to consumers by bringing the rates down compared to the previous Government. She went on to say that the GST has increased tax buoyancy for both states and the central government.
CBIC is working on biometric authentication of risky entities under GST as it looks to crack down on fraudsters who are misusing the PAN and Aadhaar of other people to obtain GST registration, CBIC chief Vivek Johri said.

HMA Agro Industries IPO to list on bourses this week

Sunday 02 July 2023 10:34 AM UTC+00
The Initial Public Offer (IPO) of frozen meat exporter HMA Agro Industries which was subscribed 1.62 times will list on bourses this week.
The largest robotics company in India, Addverb, which is owned by Reliance Retail, expects to surpass Rs 8,000 crore in revenue in five years, with scaling up of manufacturing operations and diversifying target market base, a senior company official said.
The combined market valuation of the top 10 most valued firms jumped Rs 1.88 lakh crore last week, with HDFC Bank and Tata Consultancy Services emerging as the biggest gainers, amid bullish investor sentiments. Last week, the BSE benchmark jumped 1,739.19 points or 2.76 percent.
The largest public sector lender, State Bank of India (SBI) on Sunday revamped its digital banking application 'YONO for Every Indian' and further launched Interoperable Cardless Cash Withdrawal (ICCW) facilities. This was done on the backdrop of the lender's 68th Bank Day. With YONO's new avatar, any bank customers will now have access to UPI features like Scan and Pay, Pay by contacts, and Request money, among others.
Tesla's second-quarter deliveries rose 83 per cent from a year ago after the company cut prices several times on its four electric vehicle models and buyers took advantage of US government tax credits. The Austin, Texas, producer of EV, solar panels and batteries said Sunday that it sold a record 466,140 vehicles worldwide from April through June, nearly doubling the 254,695 it sold during the same period a year earlier. The vast majority of the sales were Tesla's popular Model 3 and Model Y versions.
Sensex opened up at 353.34 points and currently trading at 65,071.90, an all-time high, while Nifty is up by 99.85 points and trading at 19,288.90. The 30-share BSE Sensex jumped 449.46 points to hit its all-time peak of 65,168.02 in early trade. The NSE Nifty climbed 128.95 points to reach its lifetime high of 19,318.
India's manufacturing sector activities moderated in June from a 31-month high in May, a monthly survey uncovered on Monday. The occasionally changed S&P Worldwide India Manufacturing Purchasing Managers' Index (PMI) tumbled from 58.7 in May to 57.8 in June. As per the S&P Worldwide survey, manufacturing output still stayed in the development domain, as new work orders extended forcefully amid favourable demand conditions.
Nirmala Sitharaman on GST: Union Finance Minister Nirmala Sitharaman said on Saturday (July 1) that the Goods and Services Tax (GST) has done justice to consumers by bringing the rates down compared to the previous Government. She went on to say that the GST has increased tax buoyancy for both states and the central government.
CBIC is working on biometric authentication of risky entities under GST as it looks to crack down on fraudsters who are misusing the PAN and Aadhaar of other people to obtain GST registration, CBIC chief Vivek Johri said.

HMA Agro Industries IPO to list on bourses this week

Sunday 02 July 2023 10:34 AM UTC+00
The Initial Public Offer (IPO) of frozen meat exporter HMA Agro Industries which was subscribed 1.62 times will list on bourses this week.
The largest robotics company in India, Addverb, which is owned by Reliance Retail, expects to surpass Rs 8,000 crore in revenue in five years, with scaling up of manufacturing operations and diversifying target market base, a senior company official said.
The combined market valuation of the top 10 most valued firms jumped Rs 1.88 lakh crore last week, with HDFC Bank and Tata Consultancy Services emerging as the biggest gainers, amid bullish investor sentiments. Last week, the BSE benchmark jumped 1,739.19 points or 2.76 percent.
The largest public sector lender, State Bank of India (SBI) on Sunday revamped its digital banking application 'YONO for Every Indian' and further launched Interoperable Cardless Cash Withdrawal (ICCW) facilities. This was done on the backdrop of the lender's 68th Bank Day. With YONO's new avatar, any bank customers will now have access to UPI features like Scan and Pay, Pay by contacts, and Request money, among others.
Tesla's second-quarter deliveries rose 83 per cent from a year ago after the company cut prices several times on its four electric vehicle models and buyers took advantage of US government tax credits. The Austin, Texas, producer of EV, solar panels and batteries said Sunday that it sold a record 466,140 vehicles worldwide from April through June, nearly doubling the 254,695 it sold during the same period a year earlier. The vast majority of the sales were Tesla's popular Model 3 and Model Y versions.
Sensex opened up at 353.34 points and currently trading at 65,071.90, an all-time high, while Nifty is up by 99.85 points and trading at 19,288.90. The 30-share BSE Sensex jumped 449.46 points to hit its all-time peak of 65,168.02 in early trade. The NSE Nifty climbed 128.95 points to reach its lifetime high of 19,318.
India's manufacturing sector activities moderated in June from a 31-month high in May, a monthly survey uncovered on Monday. The occasionally changed S&P Worldwide India Manufacturing Purchasing Managers' Index (PMI) tumbled from 58.7 in May to 57.8 in June. As per the S&P Worldwide survey, manufacturing output still stayed in the development domain, as new work orders extended forcefully amid favourable demand conditions.
The initial public offering (IPO) of Synoptics Technologies is now open for subscription. The issue has received good response so far with the subscription reaching 0.62 per cent on the second day of the offer. 

HMA Agro Industries IPO to list on bourses this week

Sunday 02 July 2023 10:34 AM UTC+00
The Initial Public Offer (IPO) of frozen meat exporter HMA Agro Industries which was subscribed 1.62 times will list on bourses this week.
The largest robotics company in India, Addverb, which is owned by Reliance Retail, expects to surpass Rs 8,000 crore in revenue in five years, with scaling up of manufacturing operations and diversifying target market base, a senior company official said.
The combined market valuation of the top 10 most valued firms jumped Rs 1.88 lakh crore last week, with HDFC Bank and Tata Consultancy Services emerging as the biggest gainers, amid bullish investor sentiments. Last week, the BSE benchmark jumped 1,739.19 points or 2.76 percent.
The largest public sector lender, State Bank of India (SBI) on Sunday revamped its digital banking application 'YONO for Every Indian' and further launched Interoperable Cardless Cash Withdrawal (ICCW) facilities. This was done on the backdrop of the lender's 68th Bank Day. With YONO's new avatar, any bank customers will now have access to UPI features like Scan and Pay, Pay by contacts, and Request money, among others.
Tesla's second-quarter deliveries rose 83 per cent from a year ago after the company cut prices several times on its four electric vehicle models and buyers took advantage of US government tax credits. The Austin, Texas, producer of EV, solar panels and batteries said Sunday that it sold a record 466,140 vehicles worldwide from April through June, nearly doubling the 254,695 it sold during the same period a year earlier. The vast majority of the sales were Tesla's popular Model 3 and Model Y versions.
Sensex opened up at 353.34 points and currently trading at 65,071.90, an all-time high, while Nifty is up by 99.85 points and trading at 19,288.90. The 30-share BSE Sensex jumped 449.46 points to hit its all-time peak of 65,168.02 in early trade. The NSE Nifty climbed 128.95 points to reach its lifetime high of 19,318.
India's manufacturing sector activities moderated in June from a 31-month high in May, a monthly survey uncovered on Monday. The occasionally changed S&P Worldwide India Manufacturing Purchasing Managers' Index (PMI) tumbled from 58.7 in May to 57.8 in June. As per the S&P Worldwide survey, manufacturing output still stayed in the development domain, as new work orders extended forcefully amid favourable demand conditions.
The initial public offering (IPO) of Synoptics Technologies is now open for subscription. The issue has received good response so far with the subscription reaching 0.62 per cent on the second day of the offer. 
The board of directors of IDFC First Bank Limited has approved the merger of IDFC Limited and IDFC First Bank. The proposed consolidation will unite the two elements into a solitary establishment and improve on the corporate construction. The declaration comes only days after the $40 billion consolidation among HDFC and HDFC Bank.
Stock markets: Benchmark equity indices continued their record-shattering spree on Tuesday, with the Sensex and Nifty hitting their fresh all-time high levels in early trade, amid persistent foreign fund inflows. Also, buying in Bajaj Finance, Bajaj Finserv, Tata Consultancy Services and HDFC twins added to the positive market momentum.
Tesla's second-quarter deliveries rose 83 per cent from a year ago after the company cut prices several times on its four electric vehicle models and buyers took advantage of US government tax credits. The Austin, Texas, producer of EV, solar panels and batteries said Sunday that it sold a record 466,140 vehicles worldwide from April through June, nearly doubling the 254,695 it sold during the same period a year earlier. The vast majority of the sales were Tesla's popular Model 3 and Model Y versions.
Sensex opened up at 353.34 points and currently trading at 65,071.90, an all-time high, while Nifty is up by 99.85 points and trading at 19,288.90. The 30-share BSE Sensex jumped 449.46 points to hit its all-time peak of 65,168.02 in early trade. The NSE Nifty climbed 128.95 points to reach its lifetime high of 19,318.
India's manufacturing sector activities moderated in June from a 31-month high in May, a monthly survey uncovered on Monday. The occasionally changed S&P Worldwide India Manufacturing Purchasing Managers' Index (PMI) tumbled from 58.7 in May to 57.8 in June. As per the S&P Worldwide survey, manufacturing output still stayed in the development domain, as new work orders extended forcefully amid favourable demand conditions.
The initial public offering (IPO) of Synoptics Technologies is now open for subscription. The issue has received good response so far with the subscription reaching 0.62 per cent on the second day of the offer. 
The board of directors of IDFC First Bank Limited has approved the merger of IDFC Limited and IDFC First Bank. The proposed consolidation will unite the two elements into a solitary establishment and improve on the corporate construction. The declaration comes only days after the $40 billion consolidation among HDFC and HDFC Bank.
Stock markets: Benchmark equity indices continued their record-shattering spree on Tuesday, with the Sensex and Nifty hitting their fresh all-time high levels in early trade, amid persistent foreign fund inflows. Also, buying in Bajaj Finance, Bajaj Finserv, Tata Consultancy Services and HDFC twins added to the positive market momentum.
Tina Ambani, wife of Reliance ADA Group Chairman Anil Ambani, appeared before the Enforcement Directorate (ED) on Tuesday with an investigation into the alleged infringement of the Foreign Exchange Management Act (FEMA). The latest development follows Anil Ambani's visit to the ED office, where he furnished his statement regarding the ongoing probe.
Startup20 summit: Commerce and Industry Minister Piyush Goyal said on Tuesday said that the government will always act as a facilitator to strengthen the startup ecosystem and not act as a regulator. Addressing the Startup20 summit in Gugram, he asserted that this ecosystem's stakeholders will practise self-regulation.
Engineering solutions provider Axiscades Technologies Ltd has onboared former DRDO Chairman S Christopher as a director in the company. His appointment is effective June 30, 2023, Axiscades said in a statement on Tuesday.
Housing sales fell marginally by 1 per cent during January-June period this year, while gross leasing of office space rose 3 per cent across eight major cities, according to Knight Frank India. Housing prices increased 2–10 per cent year-on-year. Releasing its bi-annual report for India's top eight realty market on Tuesday, real estate consultant Knight Frank India said housing sales have dipped 1 per cent to 1,56,640 units in January-June from 1,58,705 units in the year-ago period.
Tesla's second-quarter deliveries rose 83 per cent from a year ago after the company cut prices several times on its four electric vehicle models and buyers took advantage of US government tax credits. The Austin, Texas, producer of EV, solar panels and batteries said Sunday that it sold a record 466,140 vehicles worldwide from April through June, nearly doubling the 254,695 it sold during the same period a year earlier. The vast majority of the sales were Tesla's popular Model 3 and Model Y versions.
Sensex opened up at 353.34 points and currently trading at 65,071.90, an all-time high, while Nifty is up by 99.85 points and trading at 19,288.90. The 30-share BSE Sensex jumped 449.46 points to hit its all-time peak of 65,168.02 in early trade. The NSE Nifty climbed 128.95 points to reach its lifetime high of 19,318.
India's manufacturing sector activities moderated in June from a 31-month high in May, a monthly survey uncovered on Monday. The occasionally changed S&P Worldwide India Manufacturing Purchasing Managers' Index (PMI) tumbled from 58.7 in May to 57.8 in June. As per the S&P Worldwide survey, manufacturing output still stayed in the development domain, as new work orders extended forcefully amid favourable demand conditions.
The initial public offering (IPO) of Synoptics Technologies is now open for subscription. The issue has received good response so far with the subscription reaching 0.62 per cent on the second day of the offer. 
The board of directors of IDFC First Bank Limited has approved the merger of IDFC Limited and IDFC First Bank. The proposed consolidation will unite the two elements into a solitary establishment and improve on the corporate construction. The declaration comes only days after the $40 billion consolidation among HDFC and HDFC Bank.
Stock markets: Benchmark equity indices continued their record-shattering spree on Tuesday, with the Sensex and Nifty hitting their fresh all-time high levels in early trade, amid persistent foreign fund inflows. Also, buying in Bajaj Finance, Bajaj Finserv, Tata Consultancy Services and HDFC twins added to the positive market momentum.
Tina Ambani, wife of Reliance ADA Group Chairman Anil Ambani, appeared before the Enforcement Directorate (ED) on Tuesday with an investigation into the alleged infringement of the Foreign Exchange Management Act (FEMA). The latest development follows Anil Ambani's visit to the ED office, where he furnished his statement regarding the ongoing probe.
Startup20 summit: Commerce and Industry Minister Piyush Goyal said on Tuesday said that the government will always act as a facilitator to strengthen the startup ecosystem and not act as a regulator. Addressing the Startup20 summit in Gugram, he asserted that this ecosystem's stakeholders will practise self-regulation.
Engineering solutions provider Axiscades Technologies Ltd has onboared former DRDO Chairman S Christopher as a director in the company. His appointment is effective June 30, 2023, Axiscades said in a statement on Tuesday.
Housing sales fell marginally by 1 per cent during January-June period this year, while gross leasing of office space rose 3 per cent across eight major cities, according to Knight Frank India. Housing prices increased 2–10 per cent year-on-year. Releasing its bi-annual report for India's top eight realty market on Tuesday, real estate consultant Knight Frank India said housing sales have dipped 1 per cent to 1,56,640 units in January-June from 1,58,705 units in the year-ago period.
Sensex opened up at 353.34 points and currently trading at 65,071.90, an all-time high, while Nifty is up by 99.85 points and trading at 19,288.90. The 30-share BSE Sensex jumped 449.46 points to hit its all-time peak of 65,168.02 in early trade. The NSE Nifty climbed 128.95 points to reach its lifetime high of 19,318.
India's manufacturing sector activities moderated in June from a 31-month high in May, a monthly survey uncovered on Monday. The occasionally changed S&P Worldwide India Manufacturing Purchasing Managers' Index (PMI) tumbled from 58.7 in May to 57.8 in June. As per the S&P Worldwide survey, manufacturing output still stayed in the development domain, as new work orders extended forcefully amid favourable demand conditions.
The initial public offering (IPO) of Synoptics Technologies is now open for subscription. The issue has received good response so far with the subscription reaching 0.62 per cent on the second day of the offer. 
The board of directors of IDFC First Bank Limited has approved the merger of IDFC Limited and IDFC First Bank. The proposed consolidation will unite the two elements into a solitary establishment and improve on the corporate construction. The declaration comes only days after the $40 billion consolidation among HDFC and HDFC Bank.
Stock markets: Benchmark equity indices continued their record-shattering spree on Tuesday, with the Sensex and Nifty hitting their fresh all-time high levels in early trade, amid persistent foreign fund inflows. Also, buying in Bajaj Finance, Bajaj Finserv, Tata Consultancy Services and HDFC twins added to the positive market momentum.
Tina Ambani, wife of Reliance ADA Group Chairman Anil Ambani, appeared before the Enforcement Directorate (ED) on Tuesday with an investigation into the alleged infringement of the Foreign Exchange Management Act (FEMA). The latest development follows Anil Ambani's visit to the ED office, where he furnished his statement regarding the ongoing probe.
Startup20 summit: Commerce and Industry Minister Piyush Goyal said on Tuesday said that the government will always act as a facilitator to strengthen the startup ecosystem and not act as a regulator. Addressing the Startup20 summit in Gugram, he asserted that this ecosystem's stakeholders will practise self-regulation.
Engineering solutions provider Axiscades Technologies Ltd has onboared former DRDO Chairman S Christopher as a director in the company. His appointment is effective June 30, 2023, Axiscades said in a statement on Tuesday.
Housing sales fell marginally by 1 per cent during January-June period this year, while gross leasing of office space rose 3 per cent across eight major cities, according to Knight Frank India. Housing prices increased 2–10 per cent year-on-year. Releasing its bi-annual report for India's top eight realty market on Tuesday, real estate consultant Knight Frank India said housing sales have dipped 1 per cent to 1,56,640 units in January-June from 1,58,705 units in the year-ago period.
Equity investors' wealth went up by Rs 7.90 lakh crore in five days of rally in the BSE Sensex, which is on a record-breaking run helped by unabated foreign fund inflows and largely bullish investor sentiments.
Sensex opened up at 353.34 points and currently trading at 65,071.90, an all-time high, while Nifty is up by 99.85 points and trading at 19,288.90. The 30-share BSE Sensex jumped 449.46 points to hit its all-time peak of 65,168.02 in early trade. The NSE Nifty climbed 128.95 points to reach its lifetime high of 19,318.
India's manufacturing sector activities moderated in June from a 31-month high in May, a monthly survey uncovered on Monday. The occasionally changed S&P Worldwide India Manufacturing Purchasing Managers' Index (PMI) tumbled from 58.7 in May to 57.8 in June. As per the S&P Worldwide survey, manufacturing output still stayed in the development domain, as new work orders extended forcefully amid favourable demand conditions.
The initial public offering (IPO) of Synoptics Technologies is now open for subscription. The issue has received good response so far with the subscription reaching 0.62 per cent on the second day of the offer. 
The board of directors of IDFC First Bank Limited has approved the merger of IDFC Limited and IDFC First Bank. The proposed consolidation will unite the two elements into a solitary establishment and improve on the corporate construction. The declaration comes only days after the $40 billion consolidation among HDFC and HDFC Bank.
Stock markets: Benchmark equity indices continued their record-shattering spree on Tuesday, with the Sensex and Nifty hitting their fresh all-time high levels in early trade, amid persistent foreign fund inflows. Also, buying in Bajaj Finance, Bajaj Finserv, Tata Consultancy Services and HDFC twins added to the positive market momentum.
Tina Ambani, wife of Reliance ADA Group Chairman Anil Ambani, appeared before the Enforcement Directorate (ED) on Tuesday with an investigation into the alleged infringement of the Foreign Exchange Management Act (FEMA). The latest development follows Anil Ambani's visit to the ED office, where he furnished his statement regarding the ongoing probe.
Startup20 summit: Commerce and Industry Minister Piyush Goyal said on Tuesday said that the government will always act as a facilitator to strengthen the startup ecosystem and not act as a regulator. Addressing the Startup20 summit in Gugram, he asserted that this ecosystem's stakeholders will practise self-regulation.
Engineering solutions provider Axiscades Technologies Ltd has onboared former DRDO Chairman S Christopher as a director in the company. His appointment is effective June 30, 2023, Axiscades said in a statement on Tuesday.
Housing sales fell marginally by 1 per cent during January-June period this year, while gross leasing of office space rose 3 per cent across eight major cities, according to Knight Frank India. Housing prices increased 2–10 per cent year-on-year. Releasing its bi-annual report for India's top eight realty market on Tuesday, real estate consultant Knight Frank India said housing sales have dipped 1 per cent to 1,56,640 units in January-June from 1,58,705 units in the year-ago period.
Equity investors' wealth went up by Rs 7.90 lakh crore in five days of rally in the BSE Sensex, which is on a record-breaking run helped by unabated foreign fund inflows and largely bullish investor sentiments.
Sensex opened up at 353.34 points and currently trading at 65,071.90, an all-time high, while Nifty is up by 99.85 points and trading at 19,288.90. The 30-share BSE Sensex jumped 449.46 points to hit its all-time peak of 65,168.02 in early trade. The NSE Nifty climbed 128.95 points to reach its lifetime high of 19,318.
India's manufacturing sector activities moderated in June from a 31-month high in May, a monthly survey uncovered on Monday. The occasionally changed S&P Worldwide India Manufacturing Purchasing Managers' Index (PMI) tumbled from 58.7 in May to 57.8 in June. As per the S&P Worldwide survey, manufacturing output still stayed in the development domain, as new work orders extended forcefully amid favourable demand conditions.
The initial public offering (IPO) of Synoptics Technologies is now open for subscription. The issue has received good response so far with the subscription reaching 0.62 per cent on the second day of the offer. 
The board of directors of IDFC First Bank Limited has approved the merger of IDFC Limited and IDFC First Bank. The proposed consolidation will unite the two elements into a solitary establishment and improve on the corporate construction. The declaration comes only days after the $40 billion consolidation among HDFC and HDFC Bank.
Stock markets: Benchmark equity indices continued their record-shattering spree on Tuesday, with the Sensex and Nifty hitting their fresh all-time high levels in early trade, amid persistent foreign fund inflows. Also, buying in Bajaj Finance, Bajaj Finserv, Tata Consultancy Services and HDFC twins added to the positive market momentum.
Tina Ambani, wife of Reliance ADA Group Chairman Anil Ambani, appeared before the Enforcement Directorate (ED) on Tuesday with an investigation into the alleged infringement of the Foreign Exchange Management Act (FEMA). The latest development follows Anil Ambani's visit to the ED office, where he furnished his statement regarding the ongoing probe.
Startup20 summit: Commerce and Industry Minister Piyush Goyal said on Tuesday said that the government will always act as a facilitator to strengthen the startup ecosystem and not act as a regulator. Addressing the Startup20 summit in Gugram, he asserted that this ecosystem's stakeholders will practise self-regulation.
Engineering solutions provider Axiscades Technologies Ltd has onboared former DRDO Chairman S Christopher as a director in the company. His appointment is effective June 30, 2023, Axiscades said in a statement on Tuesday.
Housing sales fell marginally by 1 per cent during January-June period this year, while gross leasing of office space rose 3 per cent across eight major cities, according to Knight Frank India. Housing prices increased 2–10 per cent year-on-year. Releasing its bi-annual report for India's top eight realty market on Tuesday, real estate consultant Knight Frank India said housing sales have dipped 1 per cent to 1,56,640 units in January-June from 1,58,705 units in the year-ago period.
Equity investors' wealth went up by Rs 7.90 lakh crore in five days of rally in the BSE Sensex, which is on a record-breaking run helped by unabated foreign fund inflows and largely bullish investor sentiments.
You received this email because you set up a subscription at Feedrabbit. This email was sent to you at epaperindia10@gmail.com. Unsubscribe or change your subscription.

Related Posts

There is no other posts in this category.
Subscribe Our Newsletter