Finance News Headlines - 11th October 2023


Staff member
Today's Headlines from:

Economic Times

πŸ“ States borrowing cost soars to 7.68%, the highest so far this fiscal

πŸ“ Medimix soap maker Cholayil plans to raise Rs 450 crore, dilute holding

πŸ“ Mufti-owner Credo Brands Marketing gets SEBI nod to raise funds via IPO

πŸ“ NCLAT set aside CCI order imposing penalty on 18 sugar mills, 2 trade associations

πŸ“ India's direct tax collection up 18% YoY as of October

πŸ“ PE inflows plunge 65% to USD 1.81 bn in July-September

πŸ“ IMF raises India's FY24 GDP growth forecast to 6.3% from 6.1%

πŸ“ raises $12.4 million in funding from Addition, March Capital

πŸ“ SaaS startup AuditCue raises $1.5 million in funding round led by Kalaari Capital

Business Standard

πŸ“ RBI suspends Bank of Baroda from adding new customers to mobile app

πŸ“ 1,319 Indians boast Rs 1K crore net worth; Mukesh Ambani richest: Hurun

πŸ“ Siemens looks at setting up a hub for urban transport solutions in India

πŸ“ IDFC First Bank eyes Rs 3,000 crore in debt capital through tier II bonds

πŸ“ India's natural gas demand to rise 4% in 2023: International Energy Agency

πŸ“ Uttar Pradesh govt eyes Rs 30k cr pvt investment in data centre hubs

πŸ“ Premiums of non-life insurance companies rise by 14.86% in H1FY24

πŸ“ RBI to extend PCA supervisory norms to govt-owned NBFCs from October 2024

πŸ“ India's jobless rate at 6-year low; wage employment share shrinks

Financial Express

πŸ“ Bridgestone ties up with Tata Power to install EV chargers

πŸ“ JSW Steel posts consolidated crude steel production for Q2FY24 at 6.41 mln tonnes, up 13% on-year

πŸ“ L&T Construction bags significant order for its water & effluent treatment business

πŸ“ Realty indices hit 15-year high on record sales

πŸ“ Rupee rises 4 paise to settle at 83.24 against US dollar


πŸ“ CAI ups cotton estimates to 31.8 million bales

πŸ“ HDFC AMC's Navneet Munot elected as chairman of AMFI, to take charge on Oct 16

πŸ“ About 70% taxpayers may shift to new regime: CBDT chairman

πŸ“ SC asks report from CAQM on air pollution control measures in Delhi-NCR

πŸ“ India needs sustained 8% growth to go past China as global driver: Barclays

πŸ“ World Cup boosts temp jobs as cos see consumption jump

πŸ“CEA issues guidelines for hydro projects after disaster in Sikkim

πŸ“ VVDN to make 4G, 5G modules for Italy's Telit Cinterion

πŸ“ Swan Energy makes upfront payment of β‚Ή50 crore for Reliance Naval

πŸ“Google, Apple under probe for alleged unfair business practices: CCI chief

πŸ“ Telecom companies invest β‚Ή2,419 crore under PLI scheme; 17,753 jobs created.