Finance News Headlines - 18th October 2023


Staff member
Today's Headlines from:

Economic Times

πŸ“ India cuts windfall tax on domestic crude, export of diesel, ATF

πŸ“ RBI may opt to roll over $5-b forex swap

πŸ“ Mopup of savings scheme for elderly crosses Rs 1 lakh cr

πŸ“ Can Fin Homes Q2 Results: Net profit rises 11% YoY to Rs 158 crore

πŸ“ ICICI Pru Life Q2 Results: Net profit jumps 23% YoY to Rs 244 crore

πŸ“ Syngene Q2 Results: Net profit jumps 14% to Rs 117 crore

πŸ“ Capex to rise 29% for 13 states, fiscal deficit to widen in FY24: Icra

πŸ“ RBI asks banks to adopt risk-based approach for KYC

πŸ“ Real sports gaming platform Game Theory raises $2 million in funding from Nithin Kamath’s Rainmatter, others

πŸ“ Space-tech startup Agnikul Cosmos raises over $26 million from Celesta Capital, Rocketship

Business Standard

πŸ“ Bajaj Finance Q2 results: Consolidated net profit up 28% to Rs 3,551 cr

πŸ“ L&T Tech PAT grows 5.1%, FY24 revenue guidance slashed to 17.5-18.5%

πŸ“ CCI approves merger of IDFC Ltd with its subsidiary IDFC FIRST Bank

πŸ“ MSIL to issue shares worth Rs 12,841 cr to acquire Gujarat plant from SMC

πŸ“ CCI brings draft Leniency Plus rules for cartels, invites comments

πŸ“ Glenmark gets USFDA nod to market generic version of Otezla tablets

πŸ“ Zensar Technologies Q2 results: Net profit up 206.3% to Rs 173.9 crore

πŸ“ India to spend Rs 143 trillion in infrastructure by 2030, says Crisil

πŸ“ Skill ministry launches IndiaSkills 2023-24, to target 2.5 mn participants

πŸ“ China tells banks to roll over local government debts as risks mount

πŸ“ India's defence exports cross Rs 6,000 crore in FY24, shows DDP data

Financial Express

πŸ“ Uttarakhand government signs MoUs worth Rs 5450 cr with industrial bodies in Dubai

πŸ“ Ericsson India sales up nearly four times in July-September

πŸ“ Hathway Cable Q2 net profit falls 33.7 pc to Rs 20 crore

πŸ“ Dabur receives GST tax demand notice of Rs 320.6 crore

πŸ“ Tata Metaliks Q2 profit jumps by 209% to Rs 44.16 crore, revenue dips 13.9% on-year

πŸ“ Rural workers’ earnings grew at quickest pace in 5 years in Q1: Survey

πŸ“ Rupee rises 2 paise to close at 83.25 against US dollar

πŸ“ GPT Healthcare refiles IPO papers with Sebi


πŸ“ Boult Audio plans PE fundraising in FY25

πŸ“ Magnitude 5.8 earthquake strikes southern Iran: Report

πŸ“ IRM Energy IPO: Firm mobilises β‚Ή160 crore from anchor investors ahead of issue

πŸ“ Vedanta exploring tie-ups with Japanese tech firms for semiconductor plants

πŸ“ Govt to sell 7% stake in HUDCO via OFS on Oct 18-19, likely to raise β‚Ή1,100 cr

πŸ“ Bank of America Q3 earnings: Net income jumps 10% at $7.8 billion

πŸ“ NHAI implements upgraded traffic management system

πŸ“ US, Korea raise concerns on India's import restrictions on laptops, computers.