Finance News Headlines - 16th May 2025

nikhilchauhan

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Staff member
News Headlines from Business News Agencies:

Business Standard


πŸ“ Indian Reits distribute β‚Ή6,070 crore in FY25, up 13% from previous year
πŸ“ Alpex Solar bags β‚Ή1,068.84 cr orders, key tie-up with Coal India arm
πŸ“ Tata AutoComp, Katcon tie up in Mexico to make composites for NA market
πŸ“ Chhattisgarh amends Industrial Development Policy; aims to woo investment
πŸ“ Myntra expands the 'Rising Stars' programme to back D2C home brands
πŸ“ Shapoorji Pallonji launches over Rs 1,400 crore luxury project in Gurugram
πŸ“ IEA sees global oil demand growth slowing to 650K bpd for rest of 2025
πŸ“ Telecom sector sees strong fresher hiring intent for 1st half of 2025: Rpt
πŸ“ Zaggle ties up with Mesh Payments to tap global spend management market
πŸ“ Passenger vehicles sales up 4% in April, two-wheeler despatches fall
πŸ“ Tata Motors ties up with Vertelo to offer leasing for electric CVs
πŸ“ Realty firm Brigade Group acquires 5.4 acres in Chennai for β‚Ή441.7 crore

Economic Times

πŸ“ SJVN begins commercial operations of 78.23 MW capacity at Bikaner solar project
πŸ“ DPIIT nod to 187 startups for income tax exemption under revamped Section 80-IAC: Govt
πŸ“ Elan Group awards Rs 1,100 crore construction contract to Leighton Asia for Gurugram luxury project
πŸ“ China's Alibaba says annual revenue up 6% year-on-year
πŸ“ OPEC sees India's oil demand rising 3.4% in 2025, double the pace of China
πŸ“ India releases first-ever monthly unemployment data; April jobless rate at 5.1%
πŸ“ Shein to set up huge Vietnam warehouse in US tariff hedge: Sources
πŸ“ India's sugar closing stock sufficient for late-2025 demand despite output drop: NFCSF
πŸ“ Blackstone-backed ASK Investment Managers launches special opportunities portfolio
πŸ“ JPMorgan to open new Paris office as headcount grows
πŸ“ ITC Hotels to construct a hotel in Vishakhapatnam for Rs 328 cr

Mint

πŸ“ RBI gives final approval to PayU for online payment aggregator
πŸ“ SBI Card joins hands with Apollo to launch wellness focused credit card
πŸ“ Piramal Pharma CDMO growth hit by US policy jitters; recovery seen in FY27
πŸ“ ITC Hotels Q4: Net profit rises 16% YoY to β‚Ή264 crore; total income up 7%
πŸ“ DS Luxury eyes 30 stores by FY28 to ride premium fashion boom
πŸ“ Vodafone Idea seeks relief from Supreme Court on β‚Ή30,000 crore AGR dues
πŸ“ UnitedHealth Group Is Under Criminal Investigation for Possible Medicare Fraud
πŸ“ Bharti Airtel eyes growth through price hikes for high-end users
πŸ“ Arvind Q4 results: Consolidated profit jumps 52% YoY; declares dividend of β‚Ή3.75
πŸ“ IKF Finance raises β‚Ή1,465 crore from Norwest and Motilal Oswal Alternates
πŸ“ Bankruptcy resolutions peak in FY25, creditors recover over β‚Ή67,000 crore.
 
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