News paper
Today's Headlines from :
*Economic Times*
๐ HDFC, PFC plan debt raise of up to Rs 6,500 cr
๐ Cabinet clears fertiliser subsidy for Kharif season
๐ REC March qtr net profit zooms 31% YoY to Rs 3,001 crore
๐ JK Tyre Q4 Results: Profit rises nearly three-fold to Rs 1.08 billion
๐ Devyani International Q4 Results: Profit falls 19% YoY to 61 crore; revenue up 28%
๐ Government tightens rules on global credit card transactions by Indian travellers abroad
๐ Vedanta Resources Ltd taps global banks for $500-600 million loan
๐ Falling premiums at LIC drag life insurers' income down by 30%
๐ Cabinet approves PLI-II for IT hardware with Rs 17,000 crore outlay
๐ Blackstone set to buy diamond grading company IGI for up to $550 million
๐ BPCL board okays Rs 49,000 cr capex for Bina Refinery
๐ Solar panel maker Waaree in talks to raise Rs 1,000 crore
๐ Fashion giant Shein raises $2 billion but lowers valuation by a third
๐ Water technology firm Gradiant hits $1 billion valuation after fundraising
*Business Standard*
๐ Tesla plans to build EV plant in India for domestic sales, exports
๐ Give report on Adani-Hindenburg probe by August 14, SC tells Sebi
๐ Promoter of Manyavar brand likely to sell 7% stake for Rs 1,962 crore
๐ Auto parts firm Pricol moves CCI over Minda plan to buy 24.5% stake
๐ Space Mantra, five other firms lead race to acquire Future Retail
๐ India remains a bright spot, likely to grow 6.7% in 2024: UNDESA report
๐ India-focused offshore fund, ETFs record $803 mn net inflow in Q4
๐ FAME-II subsidy on EVs cut to Rs 10,000/KWh, max 15% of ex-factory price
๐ Vaishnavi Group leases 400,00 sq ft office space to Navi Tech in Bengaluru
๐ Tata Group Chairman Chandrasekaran gets France's highest civilian award
๐ Govt clears MoU signing between competition regulators of India, Egypt
๐ Peak power demand hits historic high of 220 Gw, may cross that level soon
*Financial Express*
๐ IT industry calls on global players to shift base to India
๐ Banks look to take acquisition route to build MFI book
๐ Govt says 1,100 new FPOs will be set up in cooperative sector
๐ Zydus Wellness Q4 net profit rise to Rs 145 crore
๐ L&T’s construction arm bags multiple EPC orders in domestic market
๐ Suzlon bags 99-MW wind energy project from Vibrant Energy
๐ Foreign portfolio investment in Indian equities drop 11% to USD 542 bn in Jan-Mar quarter
๐ Venture Capital Funds’ interest steadily on the rise in tier-2, tier-3 cities
*Mint*
๐ SP, Hinduja group chairman, family patriarch, dies at 87
๐ Japan to fund pvt sector RE projects
๐ Govt purchases of rabi onion to start this week after delay
๐ Cable operators press Trai to regulate OTT
๐ RBI allows SBI Funds to buy up to 9.99% stake in HDFC Bank
๐ SKF India Q4 net profit rises 12 pc to ₹122 crore
๐ Go First extends flight cancellation until 26 May
๐ Morgan Stanley Raises $500 Million So Far for 1GT Climate Investments
๐ Syngenta, FMC join hands to commercialise new herbicide technology for rice crop
๐ Thermax Q4 result: Profit up 52% at ₹156 cr, dividend declared
๐ Hyundai partners with Shell India to install fast chargers at 36 dealerships.
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