News

 “Great things in Business are never done

Today's Headlines from :

*Economic Times*

📝 CCI clears merger of Credit Suisse Group with UBS Group

📝 Infibeam looks to raise up to $50 million by listing UAE step-down arm

📝 PNB Housing Finance Q4 Results: Net profit zooms 64% YoY to Rs 279 crore

📝 India looks to build consensus at WTO to block non-trade issues

📝 S&P retains India credit rating; expects sound fundamentals to underpin growth

📝 Govt mulls setting up of eight new cities in country: Official

📝 Ant Group profit falls 56% amid overhaul

📝 Russia, Iran sign MoU to build rail link to boost INSTC

📝 REC plans to increase loan book by two-fold to Rs 10 lakh crore by 2030

📝 Real estate buoyancy pushes land demand, Rs 26,000-cr deals clocked in 17 months

📝 Timex Group acquires watch retail brand Just Watches

📝 Nodwin Gaming raises $28 million in funding from Nazara, Sony, Krafton

📝 Gaming startup Rooter raises $16 million in funding led by Lightbox

📝 Data analytics company Course5 Intelligence raises $28 million

*Business Standard*

📝  State Bank of India's Q4 standalone net jumps 83% to Rs 16,695 crore

📝  Govt tells Pratt & Whitney to get grounded planes 'up and running'

📝  Flipkart's double-digit growth helps Walmart sales jump 13% at $26.8 bn

📝  IndiGo posts Rs 919 crore net profit, its best-fourth quarter ever

📝  Eiko Lifesciences acquires 25.01% stake in Reflux Pharmaceuticals

📝  ITC net profit rises 23.35% to Rs 5,175 crore in Q4FY23, beats estimates

📝  Jubilant Foodworks, Advent Int'l in race to buy Burger King franchise

📝  Medical tech firm Medtronic to invest Rs 3,000 cr for Hyderabad R&D centre

📝  GAIL Q4 profit falls 77.5% to Rs 603 cr as Ukraine war weighs on gas supply

📝  Market regulatory Sebi proposes new expense slabs for mutual funds

📝  Govt holds meetings to prepare for adverse monsoon, works on action plans

*Financial Express*

📝 Vedanta board to consider first dividend of FY24

📝 Airtel Payments Bank net profit surges 141% in FY23

📝 Coal output up 8.9%, supply rises 11.7% in April

📝 Domino’s lines up for ONDC debut

📝 Gland Pharma’s net profit falls 72 percent to Rs. 79 crore in Q4FY23

📝 Zydus Lifesciences Q4 consolidated net profit dips 25.36 pc to Rs 296.6 cr

📝 FinMin operationalises amnesty scheme for traders failing to meet export obligation

📝 Government to spend Rs 1.08 lakh crore on fertiliser subsidy during Kharif season

📝 Rupee falls 25 paise to close at 82.62 against US dollar

*Mint*

📝 India to import 9 mn barrel of oil for its strategic reserve

📝 Wakefit looks to turn profitable in FY24

📝 Bata India Q4 profit up 4.5%

📝 Tata Group leans toward UK over Spain for battery plant: Report

📝 PM Modi will dedicate newly constructed Parliament building to Nation on 28 May

📝 CONCOR Q4 Results: Net profit up 7.9% to ₹279 crore, dividend declared

📝 Chandrayaan-3 mission likely to be launched in July: ISRO official

📝 EU deforestation rule could cost India up to $1.3 bn in exports every year

📝 Jet Airways reports net loss of ₹54 crore for Q4FY23, revenue up 12.5%

📝 RITES Q4 net profit dips 2% to ₹138 Cr, Board recommends 60% dividend

📝 Tata Elxsi Q4 Results: Net profit up 26% to ₹201.5 crore, declares dividend.