Today's Headlines from:
Economic Times
India's fiscal deficit contained at 39% of FY24 target
L&T to foray into fabless semiconductor chip design, to invest Rs 830 crore
India hikes windfall tax on petroleum crude
Bharti Airtel Q2 profit falls 37%, but revenue, ARPU edge higher
L&T Q2 Results: Net profit jumps 45% YoY to Rs 3,223 crore, beats estimates
Rupee settles flat at 83.26 against US dollar
ISMA pegs 9 pc fall in gross sugar output for 2023-24; says sufficient to meet local demand
Retail inflation for industrial workers eases to 4.72 pc in September
India's eight core sectors' output grows 8.1% in September
Saudi Arabia's Q3 GDP shrinks 4.5% year on year as oil cuts weigh
DBS India puts ₹437-cr bad loans on the block, seeks all-cash bids
Anicut Capital receives over Rs 30 crore infusion from HDFC AMC’s Fund of Funds
Healthtech startup Sugar.fit secures $11 million in round led by MassMutual Ventures
Deeptech VC Java Capital announces final close of first fund at Rs 50 crore
*Business Standard*
Jindal Steel Q2 results: PAT surges more than six-fold to Rs 1,390 crore
Tata Consumer Q2 results: Net profit falls 6.55% to stand at Rs 363.92 cr
Zydus Lifesciences acquires UK-based LiqMeds Group for 68 million pounds
L&T bags ultra mega offshore project worth Rs 15k cr in Middle East
Jhunjhunwala family-backed IKS Health acquires US tech firm for $200 mn
Vridhi Home Finance secures Rs 150 crore led by Elevation Capital
GAIL Q2 results: Consolidated net profit jumps 87% to Rs 2,442 crore
Indian Oil Q2 results: Net profit soars to Rs 13,713 cr, beats expectations
MCA enforces provision for foreign listing of Indian public companies
Despite festival season, domestic air traffic down by 0.26% in Oct
China factory activity unexpectedly shrinks in Oct, dents recovery momentum
Financial Express
Govt mulls separate PLI for electronics component manufacturing
WeWork India to invest up to $200,000 in early-stage startups
Tech Mahindra merges two of its consulting subsidiaries
MakeMyTrip back in black; posts USD 2 mn profit in September quarter
Motilal Oswal Alternates gets CCI nod for stake buy in SK Finance
Bharti Airtel net down 17% to Rs 1,341 crore
21 GW RE bids received so far this fiscal: Secretary
Freshbus raises $900k from marquee investors
Mint
IMD forecasts warmer November due to strengthening El Nino conditions
Gold demand 8% ahead of 5-year average in July-Sept, 6% lower YoY on high rates
Reliance Power Q2 Results: Net loss narrows to ₹237 crore on higher revenue
International Solar Alliance to increase VGF for solar projects to 35%
Zee-Sony merger: NCLAT transfers all cases to bench led by chairperson
Thailand extends visa-free entry to Indian, Taiwanese tourists for six months.
Economic Times
India's fiscal deficit contained at 39% of FY24 target L&T to foray into fabless semiconductor chip design, to invest Rs 830 crore India hikes windfall tax on petroleum crude Bharti Airtel Q2 profit falls 37%, but revenue, ARPU edge higher L&T Q2 Results: Net profit jumps 45% YoY to Rs 3,223 crore, beats estimates Rupee settles flat at 83.26 against US dollar ISMA pegs 9 pc fall in gross sugar output for 2023-24; says sufficient to meet local demand Retail inflation for industrial workers eases to 4.72 pc in September India's eight core sectors' output grows 8.1% in September Saudi Arabia's Q3 GDP shrinks 4.5% year on year as oil cuts weigh DBS India puts ₹437-cr bad loans on the block, seeks all-cash bids Anicut Capital receives over Rs 30 crore infusion from HDFC AMC’s Fund of Funds Healthtech startup Sugar.fit secures $11 million in round led by MassMutual Ventures Deeptech VC Java Capital announces final close of first fund at Rs 50 crore*Business Standard*
Jindal Steel Q2 results: PAT surges more than six-fold to Rs 1,390 crore Tata Consumer Q2 results: Net profit falls 6.55% to stand at Rs 363.92 cr Zydus Lifesciences acquires UK-based LiqMeds Group for 68 million pounds L&T bags ultra mega offshore project worth Rs 15k cr in Middle East Jhunjhunwala family-backed IKS Health acquires US tech firm for $200 mn Vridhi Home Finance secures Rs 150 crore led by Elevation Capital GAIL Q2 results: Consolidated net profit jumps 87% to Rs 2,442 crore Indian Oil Q2 results: Net profit soars to Rs 13,713 cr, beats expectations MCA enforces provision for foreign listing of Indian public companies Despite festival season, domestic air traffic down by 0.26% in Oct China factory activity unexpectedly shrinks in Oct, dents recovery momentumFinancial Express
Govt mulls separate PLI for electronics component manufacturing WeWork India to invest up to $200,000 in early-stage startups Tech Mahindra merges two of its consulting subsidiaries MakeMyTrip back in black; posts USD 2 mn profit in September quarter Motilal Oswal Alternates gets CCI nod for stake buy in SK Finance Bharti Airtel net down 17% to Rs 1,341 crore 21 GW RE bids received so far this fiscal: Secretary Freshbus raises $900k from marquee investorsMint
IMD forecasts warmer November due to strengthening El Nino conditions Gold demand 8% ahead of 5-year average in July-Sept, 6% lower YoY on high rates Reliance Power Q2 Results: Net loss narrows to ₹237 crore on higher revenue International Solar Alliance to increase VGF for solar projects to 35% Zee-Sony merger: NCLAT transfers all cases to bench led by chairperson Thailand extends visa-free entry to Indian, Taiwanese tourists for six months.