Finance News Headlines - 16th May 2024


Staff member
Today's Headlines from :

Economic Times

πŸ“ Centre aims to train 600,000 workers to power Green H2 goal

πŸ“ India slashes windfall tax to Rs 5,700 per tonne, effective May 16

πŸ“ Dixon Technologies Q4 Results: Net profit rises 20% YoY to Rs 97 crore

πŸ“ Jyothy Labs Q4 Results: Net profit rises 32% YoY to Rs 78 crore

πŸ“ India's unemployment rate dips to 6.7% in March quarter

πŸ“ Government aims to boost use of artificial intelligence in food processing

πŸ“ Brookfield India REIT set to buy Bharti’s nearly 50% stake in realty JV

πŸ“ Late-stage startup funding up 3x in April

πŸ“ Stupa Sports Analytics raises Rs 28 crore from Centre Court Capital, Peer Capital

πŸ“ Ambulances startup Red.Health raises $20 million led by Jungle Ventures

Business Standard

πŸ“ April exports drop to five-month low on geopolitical woes, shows data

πŸ“ State Bank of India hikes short term retail FD rates by 25-75 bps

πŸ“ Cipla promoters sell 2.53% stake worth Rs 2,637 cr to fund philanthropy

πŸ“ ReNew inks initial pact with Societe Generale for $1 billion debt financing

πŸ“ IIFL Finance raises Rs 1,271 crore through rights issue to fund biz growth

πŸ“ Uber's India tech team powers Uber Eats to 1 million merchants globally

πŸ“ Berger Paints India Q4 results: Net profit rises 19.68% to Rs 222.62 crore

πŸ“ LIC gets 3-yr extension from Sebi to achieve 10% public shareholding

πŸ“ PhonePe collaborates with LankaPay to promote UPI payments in Sri Lanka

πŸ“ Power Finance Corporation Q4 result: Net profit up 23% at Rs 7,556 cr

πŸ“ HDFC Life Insurance declares bonus worth Rs 3722 cr to policyholders

πŸ“ Coal India, NMDC, ONGC to scout for critical mineral assets abroad

Financial Express

πŸ“ Nagarro targets $10 billion by 2034, 25% annual growth

πŸ“ More than 50% retailers plan to onboard fresh graduates in 2024, 86.86% applicants aged 18-30 years, says report

πŸ“ Vedanta plans to raise funds via various modes

πŸ“ India’s oil demand to grow 4% to 5.8 mbd in 2025: OPEC

πŸ“ Farmers’ premium share Rs 32,329 crore, record 40 million enrollment last fiscal

πŸ“ Public sector banks’ cumulative net profit rises 24% in Q4


πŸ“ Peloton Taps JPMorgan for $850 Million Loan Sale to Tackle Debt

πŸ“ Italy Sells €1.4 Billion Eni Stake in Bid to Cut Debt

πŸ“ JSL profit slides 30% to β‚Ή501 cr as nickel prices fall, misses estimates

πŸ“ Centre to reform logistics for faster payment and distribution of foodgrains

πŸ“ India's goods trade deficit rises to a four-month high of $19.1 billion in April

πŸ“ US inflation eases to 0.3% in April; core CPI cools for first time in 6 months.