Finance News Headlines - 1st May 2024


Staff member
Today's Headlines from:

Economic Times

πŸ“ India cuts windfall tax on petroleum crude

πŸ“ Govt proposes new explosives law, repeal old act of 1884

πŸ“ Sebi to revamp norms to ensure fairness for AMCs

πŸ“ Shriram Housing Finance Q4 Results: Net profit surges 67% YoY to Rs 62 crore

πŸ“ Indus Towers Q4 Results: Net profit grows 19% QoQ to Rs 1,853 crore

πŸ“ Core sector growth eases to 5.2% in March

πŸ“ ICICI Prudential receives GST and penalty order of Rs 835 cr

πŸ“ Sterlite Power bags projects worth Rs 2,500 crore in Q4

πŸ“ Indian Oil Corporation to Invest Rs 5,215 cr in green power

πŸ“ Wipro bags multi million dollar deal to transform Nokia's digital workplace services

πŸ“ Early stage VC IvyCap Ventures announces final close of third fund at Rs 2,100 crore

Business Standard

πŸ“ Sebi allows NRIs to own up to 100% in global funds at the GIFT City

πŸ“ FirstCry refiles IPO papers, reports December revenue at Rs 4,814 crore

πŸ“ Manipal Hospitals plans to add 1,100 beds on top of already existing 10,500

πŸ“ REC logs highest annual profit of Rs 14K crore on lower stressed assets

πŸ“ Groww & Worldline join growing club of India's online payment aggregators

πŸ“ Rockwell to open new manufacturing unit in Chennai by first half of 2025

πŸ“ Star Health Q4FY24 results: Net profit rises 40% to Rs 142 crore

πŸ“ Exide Q4 results: Net profit up 2.56% at Rs 184.74 cr, revenue rises 13.49%

πŸ“ Shriram Group in talks with partners for wealth management biz foray

πŸ“ India biggest importer of seaborne Russian crude in April, beats China

Financial Express

πŸ“ Top listed developers to see 10-12% volume growth in FY25, says Crisil

πŸ“ Birlasoft to cut active clients number, eyes industry-leading growth in FY25: CEO

πŸ“ PharmEasy raises Rs $216 million at 90% lower valuation

πŸ“ FCI to award contracts for 3.5 MT wheat silos under PPP mode

πŸ“ Banks raise IT spending for digital prowess, regulatory compliance

πŸ“ Shein plans to expand brand portfolio; targets onboarding Colgate-Palmolive, Hasbro

πŸ“ Serentica to invest up to Rs 30,000 cr by FY27

πŸ“ Open market sales help reduce food subsidy by Rs 20,000-cr

πŸ“ Oil import bill to rise to $101-104 billion in FY25: ICRA

πŸ“ ChrysCapital raises $700 million to hold NSE stake


πŸ“ IBM Wins Reversal of $1.6 Billion Poaching Award to BMC

πŸ“ KPIT Technologies Q4 Results: profit rise by 47.27% YOY

πŸ“ BOE Estimates Losses on QE Will Cost UK Taxpayer Β£85 Billion

πŸ“ Godrej family to split 127-year-old business empire

πŸ“ IndiGo to develop multiple hubs for non-stop flights to int'l destinations

πŸ“ Canarys Expands Global Presence with Strategic Acquisition in North America

πŸ“ Adani Total Gas Q4 Results: Net profit rises 71% to β‚Ή168 crore; EBITDA up 47%

πŸ“ India's gold demand rises 8%, RBI buys 19 tonnes in March quarter: WGC

πŸ“ IMF raises Asia-Pacific growth outlook to 4.5% for CY24.