Finance News Headlines - 17th January 2024

nikhilchauhan

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Today's Headlines from:-

Economic Times


πŸ“ DRDO rushes to build 200km rockets with China in mind

πŸ“ Fitch affirms 'BBB-' rating for India with a stable outlook amid strong growth

πŸ“ IMD says fog likely to become more dense in north India, issues advisory for citizens

πŸ“ Network18 Media Q3 Results: Net loss at Rs 107.87 crore; revenue drops 4%

πŸ“ ICICI Securities Q3 Results: Profit jumps 66% YoY to Rs 466 crore

πŸ“ Federal Bank Q3 Results: PAT rises 25% YoY to Rs 1,007 crore

πŸ“ Capital Small Finance Bank gets Sebi nod to launch IPO

πŸ“ States borrowing cost begins to ease; falls 7 bps

πŸ“ Synopsys to buy Ansys for $35 bn, creating US software giant

πŸ“ NBFC InPrime raises $3 million in funding round led by Matrix Partners India

πŸ“ Momo Foods raises Rs 350 crore in funding from Khazanah

Business Standard

πŸ“ PLI payout for FY24 may lag behind govt's estimate of over Rs 11,000 crore

πŸ“ Q3 results: HDFC Bank posts Rs 16,373 crore profit for Sept-Dec 2023

πŸ“ L&T wins Rs 10,000 crore electrification order for high-speed rail project

πŸ“ Bank of Maharashtra Q3 net up 34 % at Rs 1,036 cr, slows corporate lending

πŸ“ Udaan's valuation shrinks by 43.5% to $1.7 billion in Series E round

πŸ“ Inflation moderating, steadily moving towards 4% target: RBI governor Das

πŸ“ ESIC adds 1.6 million new members in November, 317K females: Payroll data

πŸ“ Govt imposes 50% export duty on molasses; extends lower duty on edible oils

πŸ“ Chinese economy growing, open for business: China's Premier Li Qiang at WEF

πŸ“ India insurance sector growth pegged at 7.1% in 2024-28: Swiss Re

πŸ“ AIF commitments cross Rs 9.5 trillion till September 2023, shows data

Financial Express

πŸ“ LTTS Q3 net profit jumps 13 per cent to Rs 336 crore

πŸ“ Newgen Software sees 45 pc growth in Q3 profit

πŸ“ Hathway Cable & Datacom Q3 profit declines 22 per cent to Rs 22.35 crore

πŸ“ JFL to acquire remaining 45.33 per cent shares of DP Eurasia through 85.1 million Euro open offer

πŸ“ Bank of Maharashtra Q3 profit jumps 34 per cent to Rs 1,036 crore

πŸ“ New record for demat accounts in December: 41.8 lakh new accounts opened

Mint

πŸ“ Hyundai expects sales of its diesel vehicles to fall to 30-35% in 2024

πŸ“ Karnataka Bank and Clix Capital enter into a Co-Lending partnership

πŸ“ Acme aims to raise $300 million equity in push for green hydrogen

πŸ“ Govt to launch portal to push exports by MSMEs, startups

πŸ“ mCaffeine’s parent aims to raise $50-70 mn

πŸ“ Govt, cooperatives to sign pacts to set up world's largest grain storage

πŸ“ Krystal Integrated Services IPO receives go-ahead from SEBI

πŸ“ India's wedding industry soars to $75 billion, growing 7-8% annually.
 
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