Finance News Headlines - 14th May 2024


Staff member
Today's Headlines from:

Economic Times

πŸ“ Edelweiss, Phoenix among ARCs vying for IOB's Rs 13,472-crore NPAs

πŸ“ China overtakes US to become India’s top trading partner in FY24

πŸ“ Piramal Group arm invests Rs 600 crore in microlender Annapurna Finance

πŸ“ DLF to launch 11 million sq ft with revenue potential of Rs 36,000 crore in FY25

πŸ“ Nayara Energy to set up two ethanol plants for β‚Ή600 crore

πŸ“ UPL to file DRHP shortly for raising up to $500 million

πŸ“ Aditya Birla Capital Q4 Results: Net profit doubles to Rs 1,245 crore

πŸ“ EPFO extends auto claim settlement facility to education, marriage and housing advance

πŸ“ Exim posts 62% rise in profits, to raise over Rs 60,000 crore from local markets this year

πŸ“ India's retail inflation eases marginally to 11-month low of 4.83 per cent in April

πŸ“ Warburg Pincus brings home Shriram Housing Finance co with Rs 4,630 cr buyout

Business Standard

πŸ“ TCS announces creation of Global AI Center of Excellence in Paris

πŸ“ Karur Vysya Bank Q4 results: Net profit rises 35% to Rs 456 crore

πŸ“ Zomato Q4 result: PAT Rs 175cr; fourth consecutive quarter of profit

πŸ“ Murugappa Group to foray into e-SCV, plans to invest Rs 3,000 crore on EVs

πŸ“ Realty firm Shapoorji group seeks more time to clear bondholder payments

πŸ“ French BPM major Teleperformance to hire 15,000 people by end of 2025

πŸ“ Zomato seeks approval from shareholders for creation of new ESOP pool

πŸ“ Coromandel increases stake in drone company Dhaksha; to invest Rs 150 crore

πŸ“ Airtel to offer cloud and Gen-AI solutions with Google Cloud in India

πŸ“ Nearly 51 mn person years of employment created annually in last 10 years

πŸ“ India's import from FTA partner nations up 38% in FY24 against FY19

πŸ“ After long wait, India inks Chabahar port's 10-year deal with Iran

πŸ“ Domestically held gold reserve rise by 40% in 5 years, shows RBI data

Financial Express

πŸ“ Coal imports for blending by domestic power plants down 32% in FY24

πŸ“ Cairn Oil & Gas reserves & resources grows by 19% in FY24

πŸ“ Va Tech Wabag secures repeat order worth $49 million in Nepal

πŸ“ Phoenix to build hotels near Mumbai, Bengaluru

πŸ“ Amplus Solar aims at 2 GW RE capacity by December

πŸ“ Govt may consider lifting curbs on rice exports

πŸ“ India needs Rs 4.2 trillion investment for broadband push


πŸ“ IMF staff, Argentina agree loan review to help unlock $800 million

πŸ“ Vedanta looks to raise funds through issue of equity shares or FPO on May 16

πŸ“ Melinda French Gates Exits Foundation With $12.5 Billion

πŸ“ INOX India Q4 results: Net profit jumps 44% YoY to β‚Ή44 crore; revenue up 17%

πŸ“ India’s government debt at safe levels: Nirmala Sitharaman

πŸ“ Govt to complete GIS mapping of entire highway network

πŸ“ Japan's SoftBank swings to quarterly profit, eyes on Arm unit.