Current affairs for competitive exams
๐ Baring Asia plans to sell minority stake in Sagility
๐ Sebi issues notices to PTC India financial arm citing governance lapses
๐ Apollo Tyres Q4 Results: Cons profit jumps 4-fold to Rs 427 crore, sales rise 12%
๐ Nazara Tech Q4 Results: Cons PAT rises 18% YoY to Rs 2.6 crore, sales jump 65%
๐ Nexus Select REIT IPO subscribed 28% on Day 1, non-QIB portion subscribed 42%
๐ India seeks exemptions for MSMEs from EU's carbon tax: Sources
๐ China exports up 8.5% in April in unexpected climb
๐ S&P Global Market Intelligence cuts US GDP forecast for 2023 to 1.2%
๐ SaaS platform Innovapptive raises funding led by Vista Equity Partners
๐ EV logistics firm Zyngo raises $5 million in round led by Delta Corp Holdings
๐ Social networking platform Slick raises $1.6 million in funding
*Business Standard*
๐ Go First insolvency: Travel agents claim Rs 900 crore stuck, seek govt help
๐ IT capital Bengaluru sees 22 per cent decline in voters aged 20-29
๐ Kilburn Engineering Q4 result: Profit after tax rises 158% to Rs 12.34 cr
๐ Edtech giant Byju's may soon raise $1 billion from ADQ and Oaktree
๐ Westlife Development net profit grows 30.3% to Rs 20.3 cr in March quarter
๐ Mitsubishi Electric, Tamil Nadu tie up for Rs 1,895 cr manufacturing unit
๐ AIF commitments jumped 30% to Rs 8.33 trillion in FY23, shows data
๐ Grene Robotics acquires deep-tech defence IP from Apogee C4I LLP
๐ Claim disbursements under PMJJBY surged 438% in FY22, shows data
๐ Fertiliser diversion: Govt cancels 112 licences, files 30 FIRs in 6 months
๐ Oil giant Saudi Aramco reports $31.88 billion profit in Jan-Mar quarter
*Financial Express*
๐ Axis Bank links RuPay credit cards with UPI
๐ DS Group forays into chocolate segment
๐ India’s semiconductor market may reach $64 billion by 2026: Report
๐ Foxconn buys Rs 300-cr land in Bengaluru
๐ Birla Corp Q4 profit falls nearly 24 pc to Rs 85 crore
๐ US Fed flags concerns over credit tightening, financial stress
๐ Sebi levies Rs 35 lakh fine on seven entities for non-genuine trades
๐ Rupee falls 27 paise to close at 82.05 against US dollar
*Mint*
๐ President Biden meets congressional leaders for US debt ceiling talks
๐ Startup funding at 9-year low in April as outlook stays grim
๐ HK’s Gaw Capital in advanced talks to buy Atria stake
๐ BSNL set to issue purchase order for 4G equipment
๐ Shipping Corporation Of India Q4: Net profit at ₹376.9 cr, dividend declared
๐ EVs to displace over 5 million bpd of oil demand a day by 2030: IEA report
๐ Accor group targets 30 more hotels in India over 5 years
๐ Adani Ports bond repurchase offer oversubscribed with bids worth $413 million
๐ PTC India inks MoU with Brookfield for 100 MW solar power in Rajasthan
๐ Jaiprakash Associates defaults on ₹3,956 cr loans.
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