News Headlines from Business News Agencies:
Business Standard:
India Inc's credit quality, financial profile may improve further: S&P
India's merchandise exports growth may slow to 4.2% in Q2: Exim Bank
Wipro expands partnership with Google Cloud to adopt AI tech Gemini
Union Bank invites EoIs to sell Rs 2,316 crore NPAs across 45 accounts
Significant milestone, says Sunil Mittal after buying stake in BT Group
Avaada Group to set up 2 pumped storage power projects worth Rs 14k cr
NCLT urges RBI, DIPP to speed up approvals for RCap resolution plan
Bhel gets 1,600 MW thermal power project from Damodar Valley Corporation
Identical Brains Studios plans to go public; aims Rs 56 cr revenue by FY26
Neo Group raises $47.6 million led by MUFG Bank, Euclidean Capital
ISA seeks export tax on low-grade iron ore, pellets to curb local shortages
Housing.com's parent REA India's revenue rises 31% to Rs 563 crore in FY24
ABD in talks with Russian Standard, ThaiBev for India product distribution
Economic Times:
India’s defence exports skyrocket by 78% in Q1 FY 2024-25, sets new benchmarks
Cars24 unveils superapp for ancillary services to monetise user base
Electric Luna maker Kinetic Green raises US$25 mn for aggressive growth in its e2W, e3W biz
JSW Steel to acquire 66.67% economic interest in Australian mining company to expand global footprint
BIMSTEC can finalise regional FTA in phases to promote investment & jobs
Muthoot Microfin in talks with European investors to raise $50 million
Berger Paints eyes 5pc value growth in Q2FY25; targets doubling turnover to Rs 20,000 cr by 2029
Centre likely to withdraw and revise draft Broadcasting Services Bill: sources
Govt approves 20 pc premium for gas from new wells for ONGC
US grocery company Hy-Vee leases 54,000 sq ft office space in Bengaluru
Extended reality startup Metadome raises $6.5 million from Siana Capital, others
REITs Association says Hindenburg claim baseless, misleading
RBI sets up Dy Guv Patra-chaired expert panel to benchmark India's statistics to global standards
Mint:
India's Industrial production rises to 5.2% in April to June; up 0.5% Y-o-Y
India's retail inflation eases to 3.54% in July, lowest in five years
GEAPP plans 2GWh battery storage capacity in India
Uttar Pradesh to retain tax waiver for hybrids despite opposition from EV makers
Torrent, Glenmark, Mankind, Lupin among key drivers of pharma market growth
Bangladesh remittances to fall; lengthy unrest to hit GDP: Moody's
Indian banks are staring at worrisome savings and investment trends
India's highest FPI comes from US, Luxembourg and Canada next: SEBI
CreditAccess looks to sell off India biz to new owner with $2.7 bn valuation
China's bond market rattled as central bank squares off with bond bulls
India aspires to be a developed nation by 2047 in a sustainable way, unlike OECD, says Shamika Ravi
Business Standard:
India Inc's credit quality, financial profile may improve further: S&P India's merchandise exports growth may slow to 4.2% in Q2: Exim Bank Wipro expands partnership with Google Cloud to adopt AI tech Gemini Union Bank invites EoIs to sell Rs 2,316 crore NPAs across 45 accounts Significant milestone, says Sunil Mittal after buying stake in BT Group Avaada Group to set up 2 pumped storage power projects worth Rs 14k cr NCLT urges RBI, DIPP to speed up approvals for RCap resolution plan Bhel gets 1,600 MW thermal power project from Damodar Valley Corporation Identical Brains Studios plans to go public; aims Rs 56 cr revenue by FY26 Neo Group raises $47.6 million led by MUFG Bank, Euclidean Capital ISA seeks export tax on low-grade iron ore, pellets to curb local shortages Housing.com's parent REA India's revenue rises 31% to Rs 563 crore in FY24 ABD in talks with Russian Standard, ThaiBev for India product distributionEconomic Times:
India’s defence exports skyrocket by 78% in Q1 FY 2024-25, sets new benchmarks Cars24 unveils superapp for ancillary services to monetise user base Electric Luna maker Kinetic Green raises US$25 mn for aggressive growth in its e2W, e3W biz JSW Steel to acquire 66.67% economic interest in Australian mining company to expand global footprint BIMSTEC can finalise regional FTA in phases to promote investment & jobs Muthoot Microfin in talks with European investors to raise $50 million Berger Paints eyes 5pc value growth in Q2FY25; targets doubling turnover to Rs 20,000 cr by 2029 Centre likely to withdraw and revise draft Broadcasting Services Bill: sources Govt approves 20 pc premium for gas from new wells for ONGC US grocery company Hy-Vee leases 54,000 sq ft office space in Bengaluru Extended reality startup Metadome raises $6.5 million from Siana Capital, others REITs Association says Hindenburg claim baseless, misleading RBI sets up Dy Guv Patra-chaired expert panel to benchmark India's statistics to global standardsMint:
India's Industrial production rises to 5.2% in April to June; up 0.5% Y-o-Y India's retail inflation eases to 3.54% in July, lowest in five years GEAPP plans 2GWh battery storage capacity in India Uttar Pradesh to retain tax waiver for hybrids despite opposition from EV makers Torrent, Glenmark, Mankind, Lupin among key drivers of pharma market growth Bangladesh remittances to fall; lengthy unrest to hit GDP: Moody's Indian banks are staring at worrisome savings and investment trends India's highest FPI comes from US, Luxembourg and Canada next: SEBI CreditAccess looks to sell off India biz to new owner with $2.7 bn valuation China's bond market rattled as central bank squares off with bond bulls India aspires to be a developed nation by 2047 in a sustainable way, unlike OECD, says Shamika Ravi