News
*Economic Times*
๐ Parliamentary panel for providing credit card to MSME entrepreneurs
๐ Apple, others face shipment delays on China Covid squeeze
๐ Fund raising via debt placement hits 6-yr low at Rs 5.88 lakh cr in FY22
๐ Senco Gold files DRHP with Sebi for Rs 525-crore IPO
๐ 100-150 lakh tonne wheat exports likely this year, India to export wheat to Egypt: Piyush Goyal
๐ HDFC moved NCLT against SITI Networks claiming default of Rs 296 cr
๐ Debt recovery via insolvency cases at 31 pc; 47 pc cases liquidated: Report
๐ Coal supply to power plants rises 25% in FY22
๐ Swiggy leads $180 million funding round in Rapido, bike taxi startup valued at $830 million
*Business Standard*
๐ Under fire from restaurants, Zomato pushes food policy deadline to May 3
๐ As air traffic increases, airlines start restoring pilots' salaries
๐ Tier-2 IT firms face sharper downgrades with clients likely to pare spends
๐ Tatas bet on executives from group companies to turn Air India around
๐ UltraTech invests $101.1 mn in UAE-based RAKWCT, acquires 29.39% share
๐ Flipkart Samarth's 'Crafted by Bharat' sale to showcase 100,000 products
๐ Future Enterprises defaults on Rs 1.22 cr interest payment for NCDs
๐ Railways eyes 1,700 mn tonnes freight in FY23, 15% beyond Budget estimates
๐ Service exports growth in India is lower than global average: Data
๐ Sri Lanka starts fuel rationing amidst severe economic crisis: Report
๐ China's central bank gives lenders cash boost to spur growth
*Financial Express*
๐ BharatNet project hopes for boost with BBNL-BSNL merger
๐ Mobile retailers’ body to seek govt intervention against e-commerce onslaught
๐ Lendingkart: Loans disbursed to MSMEs jump 150% in FY22 from previous year
๐ At 7.5%, India’s steel demand in 2022 to be highest among major consumers
๐ Aban Offshore to sell four rigs to ADES Saudi for Rs 808 crore to repay debt
๐ Tata Power arm raises Rs 4,000 crore from Blackrock, Mubadala; Renewable platform to be one of the largest
๐ FY23 GST collections to exceed Budget estimate; Excise, customs targets challenging: CBIC chief
๐ Services exports to Australia likely to reach USD 5 bn by 2027: SEPC
*Mint*
๐ Exporters receive payment dues in euros from Russia
๐ Apollo, Piramal, Adani in race to buy HLL Lifecare
๐ Artha India Ventures looks to enter angel syndicate biz to improve deal flow
๐ PhonePe partners Extreme IX to reduce latency during transactions
๐ Viacom18 launches dedicated sports channel Sports18
๐ India to get record number of doctors in next 10 years: PM Narendra Modi
๐ Stockal raises $9 million in Series A funding
๐ JioSaavn, Hoichoi announce partnership
๐ Assets of 8 state-run cos to be sold this fiscal
๐ As covid spreads to more cities in China, 40 crore placed people under some curbs.
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