Let's talk current affairs
“Do not save what is left after spending,but spend what is left after saving.”
Good morning ๐ ji
Today's Headlines from :
*Economic Times*
๐ CBDT amends safe harbour norms for intra-group loans
๐ BLS E-Services, Popular Vehicles get Sebi approval to launch IPOs
๐ Rupee ends flat as stronger greenback counters exporter dollar sales
๐ At 614, single-day Covid case count is at a 7-month high
๐ Food subsidy of Rs 1.68 lk cr and Rs 57,686 cr released to FCI, state DCP in 2023
๐ Road ministry to bid out BOT projects of up to Rs 2 lakh crore by March 2024: Gadkari
๐ UK inflation hits lowest level in more than two years
๐ Auto parts sales rise 6.5% in H1 as buyers turn to feature-rich vehicles
๐ EnKash gets RBI nod to operate as payment aggregator
๐ WSB Partners plans to invest over Rs 1,200 cr for warehousing foray
๐ Insurance Broking Platform Finhaat Raises $3 million in funding from Omnivore, others
๐ Blume Ventures sees five-fold gain from first fund
*Business Standard*
๐ Google plans restructuring 30,000-people ad sales unit as automation booms
๐ Bharat Petroleum to invest Rs 5,044 cr in PP plant at Kochi refinery
๐ Foxconn submits application for setting up semiconductor unit: MoS IT
๐ Japan's SMBC lends $120 mn to Air India to buy A350-900 aircraft
๐ Aurobindo Pharma gets 'Voluntary Action Indicated' classing from US FDA
๐ Net FDI into India touches 21-month high at $5.9 billion in October
๐ Fresh formal job creation dips to 7-month low in October, shows EPFO data
๐ UPI transactions surge 118% in semi-urban & rural stores, shows report
๐ Employer sponsored health insurance cost to rise 11% in 2024: Report
๐ Blackstone exits Embassy REIT; sells entire 23.5% stake for Rs 7,100 cr
๐ Second best December for IPOs since 1996, 11 companies raise Rs 8,182.7 cr
*Financial Express*
๐ PayCraft partners with NSDL Payments Bank and NPCI to launch Corporate Transit Card
๐ India’s steel imports to remain elevated at ~5.5% of demand this fiscal, says CRISIL MI&A report
๐ AVG Logistics acquires over 50 cold chain vehicles to strengthen fleet operations
๐ VC funding in Indian startups drop 65.8% YoY to $6.9 billion during January-November 2023, says GlobalData
๐ Open market sales of wheat cross 5 MT
*Mint*
๐ GST Council can vet pleas on GST registration threshold: Finance minister
๐ Govt plans lower stake sale target in FY25, no big names
๐ US consumer confidence surges by most since early 2021
๐ Govt races to add 270 mn more to Ayushman Bharat
๐ Innova Captab Limited raises ₹171 crore from anchor investors
๐ DLF sells independent floors, commercial plots worth ₹1,400 crore in Gurugram, Panchkula
๐ Popular Vehicles and Services receives final approval from SEBI to raise funds via IPO
๐ SpiceJet board to meet on January 10 to finalise preferential allotment
๐ Jyoti CNC Automation gets SEBI nod to raise ₹1,000 crore via IPO
๐ Centre releases norms for lease of sites for offshore wind projects.
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