N nikhilchauhan Administrator Staff member Feb 16, 2024 #1 Today's News Headlines Economic Times Promoter sells 1.8% stake in Vedanta via open market for over Rs 1,700 crore Sebi mulls mandatory registration of PMS distributors with industry body APMI Rupee falls 2 paise to close at 83.04 against US dollar Exports rise 3.12 pc in January despite Red Sea crisis; trade gap shrinks to 9-month low Formal job creation under ESIC up 18.2% in December to 1.88 million Agri-focussed fintech Ayekart secures $6.5 million in equity funding from Omnivore, others Digital banking platform Freo raises debt funding from Sidbi Rewards-focussed mobile browser Veera raises $6 million funding led by Ayon Capital Business Standard 59% Indian enterprises actively using AI in business activities: IBM report E-commerce giant Amazon exports from India crossed $8 billion in 2023 OYO forays into sports hospitality biz, shortlists 100 hotels in 12 cities NeoGrowth posts Rs 28 crore net profit in Q3FY24, revenues up 67% Ather hiring investment banks for IPO this year, eyes raising Rs 3,300 cr Zoomcar Q3 results: Revenue slips 19% to $2.4 mn, bottomline improves Govt hikes windfall tax on petroleum crude to Rs 3,300 a tonne from Feb 16 Financial Express Airtel Payments Bank sees spike in new customers Haryana govt signs MoU to buy power from Coal Indiaβs proposed plant Star Health receives GST demand notice for Rs 170 crore, penalty of Rs 8.7 crore Luxury homesβ sales rise 75% in 2023: Report 91Squarefeet to construct 500 office spaces by 2024 India starts talks with IEA for full membership FPI flows to double to 1% of GDP: CLSA Govt to buy pulses from farmers at MSP or market rate UK economy fell into recession in second half of 2023 Mint Coffee Day Enterprises Q3 FY24 results: profit at βΉ69.18Cr, Revenue increased by 5.36% YoY Aditya Birla Fashion & Retail Q3 FY24 results: loss at βΉ77.87Cr, Revenue increased by 16.1% YoY BITS Pilani enters design education Large private lenders join hands informally to stem attrition tide Ratan Tata, Nikhil Kamath-backed BlueStone Jewellery plans βΉ2,000 crore IPO Tata mulls battery business spinoff; to expand EV, renewable energy segments Ullu Digital files DRHP with SEBI to raise funds via IPO; to list on BSE SME.
Today's News Headlines Economic Times Promoter sells 1.8% stake in Vedanta via open market for over Rs 1,700 crore Sebi mulls mandatory registration of PMS distributors with industry body APMI Rupee falls 2 paise to close at 83.04 against US dollar Exports rise 3.12 pc in January despite Red Sea crisis; trade gap shrinks to 9-month low Formal job creation under ESIC up 18.2% in December to 1.88 million Agri-focussed fintech Ayekart secures $6.5 million in equity funding from Omnivore, others Digital banking platform Freo raises debt funding from Sidbi Rewards-focussed mobile browser Veera raises $6 million funding led by Ayon Capital Business Standard 59% Indian enterprises actively using AI in business activities: IBM report E-commerce giant Amazon exports from India crossed $8 billion in 2023 OYO forays into sports hospitality biz, shortlists 100 hotels in 12 cities NeoGrowth posts Rs 28 crore net profit in Q3FY24, revenues up 67% Ather hiring investment banks for IPO this year, eyes raising Rs 3,300 cr Zoomcar Q3 results: Revenue slips 19% to $2.4 mn, bottomline improves Govt hikes windfall tax on petroleum crude to Rs 3,300 a tonne from Feb 16 Financial Express Airtel Payments Bank sees spike in new customers Haryana govt signs MoU to buy power from Coal Indiaβs proposed plant Star Health receives GST demand notice for Rs 170 crore, penalty of Rs 8.7 crore Luxury homesβ sales rise 75% in 2023: Report 91Squarefeet to construct 500 office spaces by 2024 India starts talks with IEA for full membership FPI flows to double to 1% of GDP: CLSA Govt to buy pulses from farmers at MSP or market rate UK economy fell into recession in second half of 2023 Mint Coffee Day Enterprises Q3 FY24 results: profit at βΉ69.18Cr, Revenue increased by 5.36% YoY Aditya Birla Fashion & Retail Q3 FY24 results: loss at βΉ77.87Cr, Revenue increased by 16.1% YoY BITS Pilani enters design education Large private lenders join hands informally to stem attrition tide Ratan Tata, Nikhil Kamath-backed BlueStone Jewellery plans βΉ2,000 crore IPO Tata mulls battery business spinoff; to expand EV, renewable energy segments Ullu Digital files DRHP with SEBI to raise funds via IPO; to list on BSE SME.