Today's Headlines from:
Economic Times
Govt plans major capital goods production push
Angel One Q4 Results: Profit rises 27% to Rs 340 crore aided by jump in trading activity
Tata Communications Q4 Results: Profit drops 1.5% YoY to Rs 321 crore; revenue jumps 25%
Power Grid Corp board approves plan to raise Rs 12k cr via bonds
Crude import bill down 16% in FY24; dependence increases marginally to 87.7%
NIIF eyes $1 billion for second Private Markets Fund
Maruti Suzuki India gets revised ₹2.5 crore tax demand
Circle of Games secures $1 million funding from Nazara Technologies, others
LightFury Games secures $8.5 million funding from Blume Ventures, others
Business Standard
ICICI Lombard Q4 net up 19% to Rs 519.50 cr driven by premium growth
Ahead of FPO, Vi raises Rs 5,400 cr, anchor book subscribed over 2x
DS Group to spend Rs 125 crore in FY25 to expand Catch Spices brand
Adanis invest another Rs 8,339 cr in Ambuja Cements, promoter stake up 70%
ZEEL announces streamlined structure, Goenka to oversee critical verticals
NPCI allows Paytm to start migration of users to PSP bank handles
Tesla's Musk likely to unveil $2-3 billion India investment during visit
IIFL Finance board approves rights issue to raise Rs 1,271.83 crore
India will be $34.7 trn economy by 2047; per capita to be $21k: PHDCCI
NaBFID eyes Rs 1 trillion sanctions for new infra projects in FY25
Powered by iPhone exports, electronics become India's fifth largest export
NHAI to monetise 2741 km through toll operate transfer, InvIT in FY25
Govt notifies liberalised FDI norms for space sector to boost investment
Spending in IT sector to hit $139 bn in 2024, growing at 13.2%: Gartner
Financial Express
Vedanta looks to deleverage group by $3 billion
Govt confident of 1.1-billion-tonne coal production
Samsung eyes Rs 10,000 crore from India TV biz this year
Operating margins of cotton yarn spinners to improve by 150-200 bps this fiscal, says CRISIL
Lotus Chocolate posts Q4 profit of Rs 1.18 crore, revenue at Rs 65.82 crore
Brigade Enterprises posts presales of Rs 6,013 crore during FY24, collections at Rs 5,915 crore
US Prez Joe Biden seeking higher tariffs on Chinese steel as he courts union voters
Mutual funds see steady inflow after AUM crossed Rs 50 lakh crore in FY24, March folios surge 22%
Mint
IBBI cracks the whip on a dozen insolvency professionals
Oil near one-month low over demand fears despite Iran-Israel war; Brent at $89
Green push: Apple enters rooftop solar JV to power its India operations
Govt. issues fresh guidelines to protect ship movement in the Persian Gulf
IMF warns surge in US, China debt could have ‘profound’ impact on global economy
RBI to restrain payment aggregators from storing debit, credit card data
Vishal Mega Mart names five bankers for $750 million IPO
Century Real Estate raises ₹450 crore from Edelweiss to buy land and pay debts.
Economic Times
Govt plans major capital goods production push Angel One Q4 Results: Profit rises 27% to Rs 340 crore aided by jump in trading activity Tata Communications Q4 Results: Profit drops 1.5% YoY to Rs 321 crore; revenue jumps 25% Power Grid Corp board approves plan to raise Rs 12k cr via bonds Crude import bill down 16% in FY24; dependence increases marginally to 87.7% NIIF eyes $1 billion for second Private Markets Fund Maruti Suzuki India gets revised ₹2.5 crore tax demand Circle of Games secures $1 million funding from Nazara Technologies, others LightFury Games secures $8.5 million funding from Blume Ventures, othersBusiness Standard
ICICI Lombard Q4 net up 19% to Rs 519.50 cr driven by premium growth Ahead of FPO, Vi raises Rs 5,400 cr, anchor book subscribed over 2x DS Group to spend Rs 125 crore in FY25 to expand Catch Spices brand Adanis invest another Rs 8,339 cr in Ambuja Cements, promoter stake up 70% ZEEL announces streamlined structure, Goenka to oversee critical verticals NPCI allows Paytm to start migration of users to PSP bank handles Tesla's Musk likely to unveil $2-3 billion India investment during visit IIFL Finance board approves rights issue to raise Rs 1,271.83 crore India will be $34.7 trn economy by 2047; per capita to be $21k: PHDCCI NaBFID eyes Rs 1 trillion sanctions for new infra projects in FY25 Powered by iPhone exports, electronics become India's fifth largest export NHAI to monetise 2741 km through toll operate transfer, InvIT in FY25 Govt notifies liberalised FDI norms for space sector to boost investment Spending in IT sector to hit $139 bn in 2024, growing at 13.2%: GartnerFinancial Express
Vedanta looks to deleverage group by $3 billion Govt confident of 1.1-billion-tonne coal production Samsung eyes Rs 10,000 crore from India TV biz this year Operating margins of cotton yarn spinners to improve by 150-200 bps this fiscal, says CRISIL Lotus Chocolate posts Q4 profit of Rs 1.18 crore, revenue at Rs 65.82 crore Brigade Enterprises posts presales of Rs 6,013 crore during FY24, collections at Rs 5,915 crore US Prez Joe Biden seeking higher tariffs on Chinese steel as he courts union voters Mutual funds see steady inflow after AUM crossed Rs 50 lakh crore in FY24, March folios surge 22%Mint
IBBI cracks the whip on a dozen insolvency professionals Oil near one-month low over demand fears despite Iran-Israel war; Brent at $89 Green push: Apple enters rooftop solar JV to power its India operations Govt. issues fresh guidelines to protect ship movement in the Persian Gulf IMF warns surge in US, China debt could have ‘profound’ impact on global economy RBI to restrain payment aggregators from storing debit, credit card data Vishal Mega Mart names five bankers for $750 million IPO Century Real Estate raises ₹450 crore from Edelweiss to buy land and pay debts.