Finance News Headlines - 13thSeptember 2023

nikhilchauhan

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Today's Headlines

Economic Times


πŸ“ Inflation moderates to 6.83% in August after surging to 7.4% in July

πŸ“ India’s industrial output rises 5.7% in July from 3.7% in June

πŸ“ RBI revises banks' investment classification, valuation norms

πŸ“ TSMC to invest up to $100 million in Arm Holdings' IPO

πŸ“ UNDP and NABARD sign MoU to co-create data-driven innovations in agriculture

πŸ“ Infosys bags digital transformation deal from STARK Group

πŸ“ Private equity platform Xponentia raises Rs 1,000 crore in new fund

πŸ“ Litigation funding firm LegalPay closes interim financing bond of Rs 12 crore

πŸ“ Vertex Ventures makes final close of Fund V at $541 million

Business Standard

πŸ“ India Inc faces costlier borrowing as corporate-govt yield gap widens

πŸ“ SpiceJet completes payment of Rs 100 crore to KAL Airways Private Limited

πŸ“ Lenskart unit Neso Brands makes $4 mn investment in Paris eyewear brand

πŸ“ Hindalco announces tech partnership with Italian firm to make rail coaches

πŸ“ IndiaRF invests Rs 525 crore in Ivy Health and Life Sciences Private Ltd

πŸ“ Capex by large CPSEs touches 42.5% of budget target in April-August

πŸ“ Coal India to invest Rs 24,750 crore in 61 eco-friendly projects

πŸ“ SIDBI plans to float a rights issue in FY25 to expand its equity capital

πŸ“ Citi India FY23 profit jumps threefold Rs 13,614 crore on retail arm sale

Financial Express

πŸ“ Sterlite Power net profit rises 30 pc to Rs 322 cr in 2022-23

πŸ“ Bajaj plans to enter SME, four-wheeler finance

πŸ“ FY24 tax revenue target seen within reach despite low growth so far

πŸ“ Domestic air passenger traffic in August jumps 3.2% from July, says ICRA

Mint

πŸ“ Banks look for CXOs on contract to slash costs

πŸ“ RR Kabel IPO: TGP-backed IPO mobilises β‚Ή585 crore from anchor investors

πŸ“ Cabinet to consider β‚Ή6000 cr of incentives to gasify coal

πŸ“ WTO flags rising trade barriers, says time to re-globalize

πŸ“ Bain Capital sells 2.82% stake in L&T Finance for β‚Ή910 crore

πŸ“ Canada, in Policy Shift, Weighs Capping Student Visas

πŸ“OPEC cuts 2023 oil demand to 29 mbpd, Saudi output cut leads to 3 mbpd shortfall

πŸ“ NPS,EPFO data show India created 5.2 crore payrolls in last 4 years: SBI Research.
 
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