News headlines

Very Good Morning 🎄

Today's Headlines from :

*Economic Times*

📝 Ola Electric plans to raise upto $1billion from IPO at valuation of $10billion, appoints four investment bankers for issue

📝 Vodafone Idea Q4: Cons loss narrows YoY to Rs 6,419 cr, revenue up 3%

📝 Piramal Pharma Q4 Results: Net profit slides 75% YoY to Rs 50 crore

📝 Rupee falls 7 paise to close at 82.75 against US dollar

📝 IRFC, NHB raise Rs 4,500 crore via bond issues

📝 Foodgrain output seen at record 330.5 MT in 2022-23

📝 Biocon Biologics may raise additional equity of $300 million in FY24 to pare debt

📝 STT GDC to invest Rs 2,000 cr in two more data centres in Pune

📝 Kidswear D2C brand Hopscotch raises $20 million led by Amazon

*Business Standard*

📝  From US to Australia, investors from 21 nations get angel tax exemption

📝  Anil Agarwal's Vedanta pledges nearly all its HZL stake to raise funds

📝  Bikano eyes Rs 200-crore sales through export market, expects 40% growth

📝  Emami Q4 net profit falls 59.42% to Rs 144.43 crore, revenue up 8.8%

📝  Zee Entertainment posts loss of Rs 196 cr on low ad demand, higher costs

📝  Bernstein pegs Reliance Industries' stake in retail arm at $111 billion

📝  Global uncertainty casts shadow on India's FDI inflows in FY24: Experts

📝  MiG-29K achieves historic milestone, makes maiden landing on INS Vikrant

📝  Corporate NPS subscriber addition grew 31% in FY23, shows NSO data

📝  Indian Steel Association, AISC ink MoU to unlock new avenues in sector

📝  Centre further raises 2023 wheat production estimate to 112.74 mt

📝 Germany enters recession as energy prices soared after Ukraine war

*Financial Express*

📝 Wipro merges its govt business with IT services segment

📝 Trai gives enterprises 2 weeks to verify SMS templates

📝 Account aggregator transactions soar as lenders disburse Rs 6K cr

📝 TradeIndia.com launches a platform to provide unsecured loans to MSMEs

📝 MedPlus Health posts two-fold surge in Q4 profit on strong sales

📝 PM Modi to chair NITI Aayog Governing Council meet on Saturday

📝 Sebi comes out with model tripartite agreement with respect to change in share transfer agent

*Mint*

📝 RBI presses work 24x7 to pump out ₹500 notes

📝 DGCA asks Go First for flight resumption plan

📝 Oil India in talks with Tullow Oil to acquire stake in Kenya block: CMD

📝 US weekly jobless claims rise moderately, Q1 GDP growth revised up

📝 India, ADB sign $141.12 million loan for industrial corridor development in Andhra Pradesh

📝 US FDA approves Pfizer's Covid antiviral pill Paxlovid for high-risk adults

📝 IEX reports almost flat net profit at Rs88 crore in March quarter

📝 CBDT raises tax exemption for leave encashment to Rs25 lakh

📝 Vedanta-Foxconn JV appoints Mike Young to lead manufacturing operations

📝 SSPL invests ₹200 crore in washing machine unit

📝 Reliance Consumer Products completes acquisition of Lotus Chocolate.