News

 “Wrinkles mean you laughed, grey hair means you have cared and scars mean you lived.”

Good morning 🌴

Today's Headlines from :

*Economic Times*

📝 M&A activities plunge 51% to $83 billion in 2023: Report

📝 Govt to review progress of PLI scheme on Jan 12

📝 Bandhan Bank's credit in Q3 grows 19% to Rs 1.16 lakh crore

📝 Sanstar files IPO papers with Sebi to raise funds

📝 SBI raises $250 million through green bonds maturing in 2028

📝 RECPDCL inks initial pact with Gujarat govt for smart metering projects worth Rs 2,094 crore

📝 Aris Infra targets Rs 5,000-crore revenue, reach 9,500 pan-India locations by 2027

📝 Quadria in talks to buy into dialysis chain NephroPlus

📝 Indian Railways earns Rs 1.25 lakh crore freight revenue till December 2023

📝 Search startup Perplexity AI valued at $520 million in funding from Bezos, Nvidia

📝 Payments firm Cashfree posts 75% jump in FY23 revenue, losses bloat to Rs 133 crore

📝 Swiggy investor Invesco raises food delivery firm’s valuation by 9% to $8.5 billion

📝 Indian GenAI firms raised $700 million in 3 years, says Nasscom

*Business Standard*

📝 Zomato begins liquidation of its Vietnam-based step-down subsidiary

📝 60% startup founders report increased revenue, profitability in 2023

📝 Reliance, Disney start antitrust diligence on India media merger: Report

📝 Grasim Industries rights issue price fixed at Rs 1,812 per share

📝 AU Small Finance Bank's advances rise 20% to Rs 67,624 cr in Q3FY24

📝 Reliance Jio gained 3.15 mn users in October; Vi lost 2.04 mn: Trai

📝 Poonawalla Fincorp's AUM rises 57% to around Rs 21,850 cr in Q3FY24

📝 Flipkart forms strategic partnership with digit asset company Fireblocks

📝 RBI directs issuers to specify utilisation of funds raised via NCDs, CPs

📝 Indians downloaded 26 billion apps on mobile devices in 2023, shows data

📝 MeitY unveils domain registration portal for educational institutions

📝 French major Valeo lines up expansion in Tamil Nadu, plans to hire 3,000

*Financial Express*

📝 Fintech funding falls 63% in 2023; $2 billion raised compared to $5.4 billion in 2022

📝 Coffee Day Enterprises’ total default rises to Rs 434 crore in December quarter

📝 Persistent collaborates with Amazon Web Services to accelerate Generative AI adoption

📝 Juniper Green Energy pledges Rs 8,000 cr investment on renewable energy in Gujarat

📝 Govt considering easing visas for Chinese experts

📝 Rupee rises 7 paise to close at 83.23 against US dollar

📝 KRBL turns focus to domestic markets as export growth slows

📝 Hiring activity to increase 8.3 per cent in 2024, shows study

*Mint*

📝 Aster DM looking for M&As in West, North India: CEO

📝 Govt launches tur dal purchase portal

📝 Aircraft induction in India increased by 51% in 2023; DGCA plans to induct more

📝 China's GDP likely to grow at 4.4% in 2024, predicts UBS economist

📝 Equity fundraising spiked 59% to ₹1.44­ lakh crore in 2023: Report.