Good morning current affairs
“You don’t need a better phone. You don’t need a better home. You don’t need better circumstances. You need a better mindset.”
Good Morning ๐
Today's Headlines from :
*Economic Times*
๐ Centre cuts windfall tax on petroleum crude, diesel
๐ Centre issues Covid advisory to states after detection of first case of JN.1 variant in India
๐ Suraj Estate Developers IPO booked 71% on Day 1; retail category fully booked
๐ India's sugar production till December 15 trails by 10.7%
๐ Net direct tax collection swells 21 pc to Rs 13.70 lakh cr in FY24
๐ UK’s carbon tax may impact $775 mn worth of Indian goods
๐ India, ADB ink pacts for $500-mln loans to bolster infra sector
๐ CPSE purchases via GeM portal hit Rs 1.37 lakh crore, beat entire FY23 level: Finmin
๐ PE fund InvAscent puts $10 million in health-tech SaaS firm ABI Health Technologies
๐ Cloud kitchen startup Curefoods invests Rs 10 crore in food discovery platform Hogr
๐ EV financing platform Finayo secures Rs 16 crore funding
*Business Standard*
๐ Software firm Ebix files bankruptcy after short-seller attacks, debt woes
๐ Storied US Steel to be acquired for more than $14 billion by Nippon Steel
๐ CRISIL downgrades Edelweiss Financial Services' long-term rating to 'A+'
๐ India KFC operator Devyani International enters Thailand with $129 mn deal
๐ Jai Balaji raises Rs 559 cr from Tata Capital FinServ to refinance debt
๐ Nirma Ltd to raise upto Rs 3,500 cr for business growth, acquisition
๐ Ambuja Cements to set up renewable energy unit for Rs 6,000 crore
๐ Sun Pharma to acquire 16.7% stake in Lyndra Therapeutics for $30 mn
๐ Centre says likely to achieve fiscal deficit target of 5.9% of GDP in FY24
*Financial Express*
๐ Top IT firms bag large deals showcasing flagship solutions this year
๐ Vedanta board nod to Rupees 4,089-crore second interim dividend
๐ Govt to launch 9th round of commercial coal mine auction on Wed; 26 mines on the block
๐ NBCC sells 2.23 lakh sq ft commercial space for Rs 905 cr in Delhi’s World Trade Centre
๐ Over 7.40 crore persons filed ITRs in FY23, 5.16 crore showed zero tax liability: FinMin
๐ Govt may scale down capital infusion in OMCs
๐ Rupee falls 2 paise to close at 83.05 against US dollar
๐ Innova Captab’s Rs 570-cr IPO to open on Dec 21
*Mint*
๐ Happy Forgings raises ₹303 crore from 25 anchor investors ahead of IPO
๐ In a first, govt directs rice sector to cut domestic prices
๐ IndiGo becomes first Indian airline to carry 100 million passengers a year
๐ Adobe, Figma Scrap $20 Billion Acquisition
๐ IBM to buy Software AG's enterprise integration platforms for $2.3 bn to bolster AI, hybrid cloud biz
๐ Crisil downgrades Bandhan Bank's NCDs on poor asset quality.
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