Today's Headlines from:-
Economic Times
ADB raises India's FY24 growth forecast to 6.7%
UK economy shrinks, raises risk of recession
Fed holds rates steady again and pivots toward cuts in 2024
Inox India raises Rs 438 crore from anchor investors ahead of IPO
Services exports hit USD 192 bn so far this fiscal: SEPC
MDL submits bid for over Rs 20,000 crore project to build 3 new Kalvari class submarines
Boots owner in talks to offload $9-billion UK pharmacy chain
Mahindra & Mahindra’s Classic Legends to get fund infusion of Rs 875 cr
CCI clears stake acquisitions involving Niva Bupa Health Insurance, Constantia
Cancer therapy firm Bicara raises $165 million
Snitch raises Rs 110 crore in funding from SWC Global, IvyCap Ventures, others
Nexus Venture Partners invests Rs 100 crore in Agilitas Sports
Agritech startup Vegrow raises $46 million in funding led by GIC
Business Standard
Making history, COP28 nations agree to 'transition away' from fossil fuels
Myntra surpasses 75 mn new app users, achieves record customer growth
Private equity firm Bain Capital sells Rs 3,737 cr stake in Axis Bank
Govt not considering any proposal to take over Vodafone Idea: MoS
IndiGo occupies sixth position in global mcap, surpassing United Airlines
Disney, Reliance plan London meeting for India media merger talks: Report
Hindustan Coca-Cola Beverages plans top invest Rs 3,000 crore in Gujarat
Alternative debt provider BlackSoil sees 44% jump in investment in 2023
India's e-retail market estimated to reach over $160 bn by 2028: Report
Cloud-lending startup Lentra launches 3 AI products for financial sector
Bank of Maharashtra raises Rs 259 cr at 7.99% through tier-II bonds
Twelve of 31 states, UTs project debt more than 35% of GSDP at FY24 end
Rupee settles at new closing low of 83.40 on caution ahead of US Fed meet
German firm TÜV SÜD invests 15 mn euros in lab test facility in Bengaluru
Financial Express
Coca-Cola to invest Rs 3,000 cr in Gujarat
RBI: Presence of Indian banks via subsidiaries increased to 417 in FY23
Moody’s affirms Reliance Industries Baa2 ratings; outlook stable
Mutual funds’ SIP collection soars to Rs 1.66 lakh crore in 2023; lower ticket size to push inflow
DOMS Industries IPO fully subscribed within hours of opening; ends with 5.71 times subscription
Mint
4G phones set for price cuts amid surplus inventory
Spandana Sphoorthy to grow MFI book organically, may acquire NBFC
UltraTech aims 85% green energy usage
Denta Water and Infra Solutions files DRHP with SEBI to raise funds via IPO
India, France in talks for increased cooperation on small hydro projects
Foxconn gets nod to infuse $1 billion more in Apple India plant: Report.
Economic Times
ADB raises India's FY24 growth forecast to 6.7% UK economy shrinks, raises risk of recession Fed holds rates steady again and pivots toward cuts in 2024 Inox India raises Rs 438 crore from anchor investors ahead of IPO Services exports hit USD 192 bn so far this fiscal: SEPC MDL submits bid for over Rs 20,000 crore project to build 3 new Kalvari class submarines Boots owner in talks to offload $9-billion UK pharmacy chain Mahindra & Mahindra’s Classic Legends to get fund infusion of Rs 875 cr CCI clears stake acquisitions involving Niva Bupa Health Insurance, Constantia Cancer therapy firm Bicara raises $165 million Snitch raises Rs 110 crore in funding from SWC Global, IvyCap Ventures, others Nexus Venture Partners invests Rs 100 crore in Agilitas Sports Agritech startup Vegrow raises $46 million in funding led by GICBusiness Standard
Making history, COP28 nations agree to 'transition away' from fossil fuels Myntra surpasses 75 mn new app users, achieves record customer growth Private equity firm Bain Capital sells Rs 3,737 cr stake in Axis Bank Govt not considering any proposal to take over Vodafone Idea: MoS IndiGo occupies sixth position in global mcap, surpassing United Airlines Disney, Reliance plan London meeting for India media merger talks: Report Hindustan Coca-Cola Beverages plans top invest Rs 3,000 crore in Gujarat Alternative debt provider BlackSoil sees 44% jump in investment in 2023 India's e-retail market estimated to reach over $160 bn by 2028: Report Cloud-lending startup Lentra launches 3 AI products for financial sector Bank of Maharashtra raises Rs 259 cr at 7.99% through tier-II bonds Twelve of 31 states, UTs project debt more than 35% of GSDP at FY24 end Rupee settles at new closing low of 83.40 on caution ahead of US Fed meet German firm TÜV SÜD invests 15 mn euros in lab test facility in BengaluruFinancial Express
Coca-Cola to invest Rs 3,000 cr in Gujarat RBI: Presence of Indian banks via subsidiaries increased to 417 in FY23 Moody’s affirms Reliance Industries Baa2 ratings; outlook stable Mutual funds’ SIP collection soars to Rs 1.66 lakh crore in 2023; lower ticket size to push inflow DOMS Industries IPO fully subscribed within hours of opening; ends with 5.71 times subscriptionMint
4G phones set for price cuts amid surplus inventory Spandana Sphoorthy to grow MFI book organically, may acquire NBFC UltraTech aims 85% green energy usage Denta Water and Infra Solutions files DRHP with SEBI to raise funds via IPO India, France in talks for increased cooperation on small hydro projects Foxconn gets nod to infuse $1 billion more in Apple India plant: Report.