Today's Headlines from:
Economic Times
Govt to sell 2.5% stake in NHPC via OFS; floor price set at Rs 66/share
India eyes $100 billion annual foreign direct investment in coming years: Ashwini Vaishnaw
Asian Paints Q3 Results: Profit surges 35% YoY to Rs 1,448 crore on volume growth, improvement in margins
LTIMindtree Q3 Results: Net profit rises 17% YoY to Rs 1,169 crore, meets estimates
US yields rise as economic data dents rate cut expectations
Kochi-based NBFC Indel Money to raise upto Rs 200 crore through NCDs
Fertiliser subsidy bill likely to dip 30-34% to Rs 1.8 lakh crore
Indian economy expected to grow 7% in 2024-25: RBI Guv Shaktikanta Das at WEF
ONGC Videsh raises $420 million from DBS and BoB banks
Web3 startup Fetcch raises $1.5 million in funding round led by AppWorks Venture
Medial App secures $120,000 in funding led by FirstCheque VC
KKR looks to book a big-ticket investment in BookMyShow of up to $300 million
Business Standard
ESIC considers to extend medical benefits to unorganised, gig workers
Nazara Technologies to raise Rs 250 cr via preferential allotment
ICICI Prudential Life Q3 results: Net profit flat at Rs 227 crore
Adani Group raises stake in IANS, subscribes to fresh shares worth Rs 5 cr
Minda Corp divests 15.07 pc stake in Pricol worth Rs 631 crore
India to tap 12% of global iPhone production in FY24, up from 9% earlier
Adani Group to invest Rs 50,000 cr to set up data centre in Maharashtra
Zomato to support 300,000 restaurants, empower 1 mn gig workers by 2030
Indel Money launches fourth public issue of NCDs, aims to raise Rs 200 cr
SoftBank fully exits Policybazaar parent, collects $650 mn in returns
PLI scheme spurs Rs 1.03 trillion investment; boosts exports, jobs
Financial Express
Happiest Minds posts profit of Rs 60 crore, up 2 per cent
Govt of Telangana, Adani Group sign 4 MoUs worth over Rs 12,400 crore at WEF, Davos
Insurance sector may see further listing, M&A activity in coming months: Moody’s
Google Pay signs pact with NPCI to expand UPI payments outside India
LIC overtakes SBI to become the most valuable PSU; market cap touches Rs 5.8 lakh crore
Practo eyes expansion with single-speciality clinics
Mint
Aviation regulators slap ₹2.7 crore penalties on three airlines, Mumbai airport
Amicus Capital hits first close of second fund at $146 mn
IIFL Finance Q3 results: Net profit rises 29% ₹545 crore
Foxconn, HCL announce JV to set up semiconductor OSAT in India
OPEC Expects Global Oil Demand to Slow in 2025
Food subsidy bill for FY24 to overshoot Budget estimates, breach ₹2 trillion
Life insurance sector registers 44% surge in new business premium
Europe Braces for Trade Hit as Global Commerce Slows
Alteria eyeing $100 mn fund to ease startups' working capital stress.
Economic Times
Govt to sell 2.5% stake in NHPC via OFS; floor price set at Rs 66/share India eyes $100 billion annual foreign direct investment in coming years: Ashwini Vaishnaw Asian Paints Q3 Results: Profit surges 35% YoY to Rs 1,448 crore on volume growth, improvement in margins LTIMindtree Q3 Results: Net profit rises 17% YoY to Rs 1,169 crore, meets estimates US yields rise as economic data dents rate cut expectations Kochi-based NBFC Indel Money to raise upto Rs 200 crore through NCDs Fertiliser subsidy bill likely to dip 30-34% to Rs 1.8 lakh crore Indian economy expected to grow 7% in 2024-25: RBI Guv Shaktikanta Das at WEF ONGC Videsh raises $420 million from DBS and BoB banks Web3 startup Fetcch raises $1.5 million in funding round led by AppWorks Venture Medial App secures $120,000 in funding led by FirstCheque VC KKR looks to book a big-ticket investment in BookMyShow of up to $300 millionBusiness Standard
ESIC considers to extend medical benefits to unorganised, gig workers Nazara Technologies to raise Rs 250 cr via preferential allotment ICICI Prudential Life Q3 results: Net profit flat at Rs 227 crore Adani Group raises stake in IANS, subscribes to fresh shares worth Rs 5 cr Minda Corp divests 15.07 pc stake in Pricol worth Rs 631 crore India to tap 12% of global iPhone production in FY24, up from 9% earlier Adani Group to invest Rs 50,000 cr to set up data centre in Maharashtra Zomato to support 300,000 restaurants, empower 1 mn gig workers by 2030 Indel Money launches fourth public issue of NCDs, aims to raise Rs 200 cr SoftBank fully exits Policybazaar parent, collects $650 mn in returns PLI scheme spurs Rs 1.03 trillion investment; boosts exports, jobsFinancial Express
Happiest Minds posts profit of Rs 60 crore, up 2 per cent Govt of Telangana, Adani Group sign 4 MoUs worth over Rs 12,400 crore at WEF, Davos Insurance sector may see further listing, M&A activity in coming months: Moody’s Google Pay signs pact with NPCI to expand UPI payments outside India LIC overtakes SBI to become the most valuable PSU; market cap touches Rs 5.8 lakh crore Practo eyes expansion with single-speciality clinicsMint
Aviation regulators slap ₹2.7 crore penalties on three airlines, Mumbai airport Amicus Capital hits first close of second fund at $146 mn IIFL Finance Q3 results: Net profit rises 29% ₹545 crore Foxconn, HCL announce JV to set up semiconductor OSAT in India OPEC Expects Global Oil Demand to Slow in 2025 Food subsidy bill for FY24 to overshoot Budget estimates, breach ₹2 trillion Life insurance sector registers 44% surge in new business premium Europe Braces for Trade Hit as Global Commerce Slows Alteria eyeing $100 mn fund to ease startups' working capital stress.