Newspaper headlines

Today's Headlines from Newspaper :

*Economic Times*

📝 Formal job creation under ESI scheme grows 8.1% in March

📝 Credit crunch forces 7 US companies to file for bankruptcy

📝 NSE Q4 Results: Net profit rises 19% YoY to Rs 1,810 crore; dividend declared at Rs 80 per share

📝 PVR Inox Q4 Results: Firm reports loss of Rs 333 cr; revenue jumps 113% YoY

📝 India's exports to UAE dip 22 per cent in April: Commerce ministry data

📝 Exports shrink 12.7% in April, trade deficit hits 20-month low at $15.2 billion

📝 WPI declines for 11th straight month, falls to -0.92% in April

📝 Alpha Alternatives raises Rs 2,100 cr in first close of its maiden structured credit fund

📝 Silicon Valley automotive ethernet chip startup Ethernovia raises $64 million

📝 Puma India head Abhishek Ganguly’s new startup raises $52 million funding

*Business Standard*

📝  Qualcomm working with OEMs to cut 5G smartphone cost to sub-Rs 8,000

📝  Dish TV Institutional shareholders call for EGM, seek to remove 2 directors

📝  Suryoday SFB posts Q4 net profit of Rs 40 cr vs year-ago loss of Rs 48 cr

📝  Amazon's venture fund leads Rs 110 crore in Indian innerwear maker XYXX

📝  Fertiliser firm Coromandel International's Q4 profit up 18% at Rs 290 cr

📝  Skipper Q4 PAT down 3.4%, sees highest-ever quarterly revenue of Rs 657 cr

📝  Manufacturing firm Tube Investments' Q4 profit rises 74% at Rs 312 cr

📝  Karur Vysya Bank Q4 net profit up 59% at Rs 338 cr, deposits up 12%

📝  Janus Henderson marks down PharmEasy's valuation by half to $2.8 bn

📝  HDFC to raise up to Rs 8,000 cr through bonds, will offer 7.7% per annum

📝  Residential sales surge 48% in FY23, sets all-time high record: Anarock

📝  Govt reduces application fee by 80% for solar equipment manufactures

*Financial Express*

📝 Adani Green to raise up $700 mn

📝 Apax invests $450 mn in IBS Software

📝 Government steps in to curb online fraud

📝 Pfizer Q4FY23 profit up 3.1% at Rs 129.65 crore, revenue at Rs 572.64 crore; dividend declared

📝 Welspun One Logistics Parks raises Rs 500 cr under 2nd AIF in initial phase

📝 Cantabil Retail Q4FY23 profit up 107.9% at Rs 16.88 cr, revenue at 172.84 cr on large transactions, new stores

📝 Rupee falls 15 paise to close at 82.33 against US dollar 

*Mint*

📝 Microsoft’s $75 Billion Activision Blizzard Deal Gets EU Approval

📝 Telcos ask govt to apply licence rules to messaging apps

📝 Star Air launches business class, eyes more metro routes

📝 Indian Railways set to introduce uniform signages at all stations

📝 IIFCL’s FY23 PAT soars by 109.16%, crosses Rs. 1,000 crore mark

📝 P&G Health net profit up 15% to ₹59 crore in January-March quarter

📝 Google invests $1 mn in IIT Madras' new Centre for Responsible AI

📝 Berger Paints Q4 net profit falls 15.9% YoY; announces dividend.