Today's Headlines from:
Economic Times
Jio Financial Q2: Cons PAT doubles QoQ to Rs 668 crore, revenue jumps 47%
Grasim board approves raising up to Rs 4,000 cr via rights issue
GDP growth estimated at 6.3 per cent for 2023-24: FICCI Economic Outlook Survey
HDFC Bank Q2 Results: Profit soars 51% YoY to Rs 15,976 crore, beats estimate
India’s top 7 cities’ Jan-Sept housing sales touch 91% of 2022 annual performance
PM Modi meets Google CEO Sundar Pichai, discusses plans to expand India's electronics manufacturing ecosystem
Bharti Airtel plans two-fold increase in campus hiring
Kalpataru Projects International secures Rs 2,217 crore new orders in India, abroad
VA Tech Wabag partners with Pani Energy to use AI in water treatment plants
B2B SaaS startup Leucine raises $7 million in funding led by Ecolab
Business Standard
Meesho sees record 16 mn new app installs during Mega Blockbuster sale
Travel platform Yatra Online reports Q1 net profit of Rs 5.99 crore
Chennai firm Data Patterns inks strategic MoU with Isro, to acquire SAR
Spicejet, lessor reach interim settlement, next hearing in February
Karur Vysya Bank net profit surges 51% to Rs 378 cr in quarter ending Sept
Wholesale inflation hits 6 month high in Sept but stays in negative
Vivriti Asset Management receives $200 million in three credit funds
Rupee hits fresh closing low of Rs 83.28 due to rise in crude oil prices
Mutual Funds add 77 mn SIP accounts in H1 to get back on high-growth track
Mission Gaganyaan: Isro to launch 1st test vehicle flight on Oct 21 morning
Two-wheeler exports fell by 20% to 1.69 mn units in H1 of FY24: Siam
Bank of Maha Q2 net up 72% at Rs 920 cr, rules out equity capital offering
Financial Express
Hero Realty to partner with land owners in NCR
Tata Power Renewable Energy to set up 12.5 MW captive solar plant in Maharashtra
Hiranandani Group to invest Rs 2,000 crore on new housing project in Mumbai; sells flats worth Rs 1,100 crore so far
REC commits over Rs 40,000 cr for projects in Odisha
Federal Bank posts Q2 profit at Rs 1000.16 crore, up 35% on-year, NII at Rs 2056 crore
Paddy procurement up 6% on year in first half of Oct
95% of FY24 allocation utilised: MNREGS outlay to see Rs 30k-crore hike
Setback for telcos: SC says licence fee is capex
Airpay plans to foray into 12 more African countries
Mint
Dorf-Ketal nears Aquapharm deal, looks to raise ₹3,800 cr
Cyient DLM Q2 Results: Net profit up at ₹14.6 crore, income ₹291.8 crore
Kerala: IMD issues orange alert in 4 districts as rains continue to lash
ICICI Securities Q2: Net profit up 41% to ₹424 cr, total income ₹1,249 cr
British International Investment, ILX to fund $500 mn of sustainable projects
Freyr Energy raises ₹58 crore in Series B funding led by EU fund.
Economic Times
Jio Financial Q2: Cons PAT doubles QoQ to Rs 668 crore, revenue jumps 47% Grasim board approves raising up to Rs 4,000 cr via rights issue GDP growth estimated at 6.3 per cent for 2023-24: FICCI Economic Outlook Survey HDFC Bank Q2 Results: Profit soars 51% YoY to Rs 15,976 crore, beats estimate India’s top 7 cities’ Jan-Sept housing sales touch 91% of 2022 annual performance PM Modi meets Google CEO Sundar Pichai, discusses plans to expand India's electronics manufacturing ecosystem Bharti Airtel plans two-fold increase in campus hiring Kalpataru Projects International secures Rs 2,217 crore new orders in India, abroad VA Tech Wabag partners with Pani Energy to use AI in water treatment plants B2B SaaS startup Leucine raises $7 million in funding led by EcolabBusiness Standard
Meesho sees record 16 mn new app installs during Mega Blockbuster sale Travel platform Yatra Online reports Q1 net profit of Rs 5.99 crore Chennai firm Data Patterns inks strategic MoU with Isro, to acquire SAR Spicejet, lessor reach interim settlement, next hearing in February Karur Vysya Bank net profit surges 51% to Rs 378 cr in quarter ending Sept Wholesale inflation hits 6 month high in Sept but stays in negative Vivriti Asset Management receives $200 million in three credit funds Rupee hits fresh closing low of Rs 83.28 due to rise in crude oil prices Mutual Funds add 77 mn SIP accounts in H1 to get back on high-growth track Mission Gaganyaan: Isro to launch 1st test vehicle flight on Oct 21 morning Two-wheeler exports fell by 20% to 1.69 mn units in H1 of FY24: Siam Bank of Maha Q2 net up 72% at Rs 920 cr, rules out equity capital offeringFinancial Express
Hero Realty to partner with land owners in NCR Tata Power Renewable Energy to set up 12.5 MW captive solar plant in Maharashtra Hiranandani Group to invest Rs 2,000 crore on new housing project in Mumbai; sells flats worth Rs 1,100 crore so far REC commits over Rs 40,000 cr for projects in Odisha Federal Bank posts Q2 profit at Rs 1000.16 crore, up 35% on-year, NII at Rs 2056 crore Paddy procurement up 6% on year in first half of Oct 95% of FY24 allocation utilised: MNREGS outlay to see Rs 30k-crore hike Setback for telcos: SC says licence fee is capex Airpay plans to foray into 12 more African countriesMint
Dorf-Ketal nears Aquapharm deal, looks to raise ₹3,800 cr Cyient DLM Q2 Results: Net profit up at ₹14.6 crore, income ₹291.8 crore Kerala: IMD issues orange alert in 4 districts as rains continue to lash ICICI Securities Q2: Net profit up 41% to ₹424 cr, total income ₹1,249 cr British International Investment, ILX to fund $500 mn of sustainable projects Freyr Energy raises ₹58 crore in Series B funding led by EU fund.