Finance News Headlines - 16th October 2023


Staff member
Today's Headlines from:

Economic Times

πŸ“ Jio Financial Q2: Cons PAT doubles QoQ to Rs 668 crore, revenue jumps 47%

πŸ“ Grasim board approves raising up to Rs 4,000 cr via rights issue

πŸ“ GDP growth estimated at 6.3 per cent for 2023-24: FICCI Economic Outlook Survey

πŸ“ HDFC Bank Q2 Results: Profit soars 51% YoY to Rs 15,976 crore, beats estimate

πŸ“ India’s top 7 cities’ Jan-Sept housing sales touch 91% of 2022 annual performance

πŸ“ PM Modi meets Google CEO Sundar Pichai, discusses plans to expand India's electronics manufacturing ecosystem

πŸ“ Bharti Airtel plans two-fold increase in campus hiring

πŸ“ Kalpataru Projects International secures Rs 2,217 crore new orders in India, abroad

πŸ“ VA Tech Wabag partners with Pani Energy to use AI in water treatment plants

πŸ“ B2B SaaS startup Leucine raises $7 million in funding led by Ecolab

Business Standard

πŸ“ Meesho sees record 16 mn new app installs during Mega Blockbuster sale

πŸ“ Travel platform Yatra Online reports Q1 net profit of Rs 5.99 crore

πŸ“ Chennai firm Data Patterns inks strategic MoU with Isro, to acquire SAR

πŸ“ Spicejet, lessor reach interim settlement, next hearing in February

πŸ“ Karur Vysya Bank net profit surges 51% to Rs 378 cr in quarter ending Sept

πŸ“ Wholesale inflation hits 6 month high in Sept but stays in negative

πŸ“ Vivriti Asset Management receives $200 million in three credit funds

πŸ“ Rupee hits fresh closing low of Rs 83.28 due to rise in crude oil prices

πŸ“ Mutual Funds add 77 mn SIP accounts in H1 to get back on high-growth track

πŸ“ Mission Gaganyaan: Isro to launch 1st test vehicle flight on Oct 21 morning

πŸ“ Two-wheeler exports fell by 20% to 1.69 mn units in H1 of FY24: Siam

πŸ“ Bank of Maha Q2 net up 72% at Rs 920 cr, rules out equity capital offering

Financial Express

πŸ“ Hero Realty to partner with land owners in NCR

πŸ“ Tata Power Renewable Energy to set up 12.5 MW captive solar plant in Maharashtra

πŸ“ Hiranandani Group to invest Rs 2,000 crore on new housing project in Mumbai; sells flats worth Rs 1,100 crore so far

πŸ“ REC commits over Rs 40,000 cr for projects in Odisha

πŸ“ Federal Bank posts Q2 profit at Rs 1000.16 crore, up 35% on-year, NII at Rs 2056 crore

πŸ“ Paddy procurement up 6% on year in first half of Oct

πŸ“ 95% of FY24 allocation utilised: MNREGS outlay to see Rs 30k-crore hike

πŸ“ Setback for telcos: SC says licence fee is capex

πŸ“ Airpay plans to foray into 12 more African countries


πŸ“ Dorf-Ketal nears Aquapharm deal, looks to raise β‚Ή3,800 cr

πŸ“ Cyient DLM Q2 Results: Net profit up at β‚Ή14.6 crore, income β‚Ή291.8 crore

πŸ“ Kerala: IMD issues orange alert in 4 districts as rains continue to lash

πŸ“ ICICI Securities Q2: Net profit up 41% to β‚Ή424 cr, total income β‚Ή1,249 cr

πŸ“ British International Investment, ILX to fund $500 mn of sustainable projects

πŸ“ Freyr Energy raises β‚Ή58 crore in Series B funding led by EU fund.