Today's Headlines from:
Economic Times
CSB Bank promoter gets RBI nod to retain 26% stake in lender
Changes to CGST Act among 18 bills lined up for winter session
OPEC+ agrees on deeper output cuts to avoid renewed surplus
Credit to industry decelerates to 5.4 pc in Oct: RBI data
In 7 months, India's fiscal deficit hits 45 per cent of FY24 target
Global public pension assets dip to $25.9 trln in 2023, says report
JSW, China's SAIC form new India venture for green mobility
Coca Cola to invest Rs 1,387 cr for new plant in Maharashtra
REC board approves hike in borrowing to Rs 1.5 lakh cr for FY24
Cross-border logistics firm ShipGlobal raises $2.5 million in funding from Info Edge Ventures
Upgrad logs 96% revenue rise in FY23, losses widen 67% too
Business Standard
India's GDP expands 7.6% in Q2; manufacturing, construction lead the charge
Whirlpool plans to sell 24% ownership in India business to reduce debt
Tata Coffee gets board nod for Rs 450 cr investment for capacity expansion
PVR Inox plans to open 150 screens next fiscal with Rs 500 crore investment
HCCB to launch Rs 1,387-crore Maharashtra greenfield factory in Feb
Farm GVA growth slows to 1.2% in second quarter amid uneven rains
India's core sector output grew by 12.1% in October on low base effect
Rupee closes at new low of 83.39/$; worst performer among Asian currencies
Centre approves procurement of 97 Tejas jets, over 150 Prachand choppers
US consumer spending slows in October, weekly jobless claims rise slightly
China's factory and services activity shrinks in sign of recovery woes
Financial Express
Ultratech inks share-swap deal with Kesoram to acquire cement assets
Fintech MODIFI aims $4.5 billion in SME cross border finance in 5 years
Ola Cabs to launch in-app UPI transactions
5G subscriptions in India to top 130 mn by year-end: Ericsson
Ultra-luxury homes record 247% YoY sales value surge in 2023, says ANAROCK
Federal Bank announces strategic collaboration with NeML for enhanced e-procurement, e-auction integration
Govt’s paddy procurement crosses 30 MT in two months
Mint
ONDC’s transaction volume surges to 4.7 million: MD
OPEC agrees to 1 million bpd oil output cut, extends Saudi's voluntary reduction
Health-tech startup Zyla raises $4 mn in Series A led by Exfinity Ventures
Climate change: COP28 okays $475 mn loss and damage fund
NCLT asks Bharati Defence liquidator to admit Union Bank’s Rs208 cr claim
NCLT issues notice to SpiceJet over plea by IT vendor
Railways to invite global firms to manufacture hydrogen trains
Airline traffic surges 7.37% after festive season.
Economic Times
CSB Bank promoter gets RBI nod to retain 26% stake in lender Changes to CGST Act among 18 bills lined up for winter session OPEC+ agrees on deeper output cuts to avoid renewed surplus Credit to industry decelerates to 5.4 pc in Oct: RBI data In 7 months, India's fiscal deficit hits 45 per cent of FY24 target Global public pension assets dip to $25.9 trln in 2023, says report JSW, China's SAIC form new India venture for green mobility Coca Cola to invest Rs 1,387 cr for new plant in Maharashtra REC board approves hike in borrowing to Rs 1.5 lakh cr for FY24 Cross-border logistics firm ShipGlobal raises $2.5 million in funding from Info Edge Ventures Upgrad logs 96% revenue rise in FY23, losses widen 67% tooBusiness Standard
India's GDP expands 7.6% in Q2; manufacturing, construction lead the charge Whirlpool plans to sell 24% ownership in India business to reduce debt Tata Coffee gets board nod for Rs 450 cr investment for capacity expansion PVR Inox plans to open 150 screens next fiscal with Rs 500 crore investment HCCB to launch Rs 1,387-crore Maharashtra greenfield factory in Feb Farm GVA growth slows to 1.2% in second quarter amid uneven rains India's core sector output grew by 12.1% in October on low base effect Rupee closes at new low of 83.39/$; worst performer among Asian currencies Centre approves procurement of 97 Tejas jets, over 150 Prachand choppers US consumer spending slows in October, weekly jobless claims rise slightly China's factory and services activity shrinks in sign of recovery woesFinancial Express
Ultratech inks share-swap deal with Kesoram to acquire cement assets Fintech MODIFI aims $4.5 billion in SME cross border finance in 5 years Ola Cabs to launch in-app UPI transactions 5G subscriptions in India to top 130 mn by year-end: Ericsson Ultra-luxury homes record 247% YoY sales value surge in 2023, says ANAROCK Federal Bank announces strategic collaboration with NeML for enhanced e-procurement, e-auction integration Govt’s paddy procurement crosses 30 MT in two monthsMint
ONDC’s transaction volume surges to 4.7 million: MD OPEC agrees to 1 million bpd oil output cut, extends Saudi's voluntary reduction Health-tech startup Zyla raises $4 mn in Series A led by Exfinity Ventures Climate change: COP28 okays $475 mn loss and damage fund NCLT asks Bharati Defence liquidator to admit Union Bank’s Rs208 cr claim NCLT issues notice to SpiceJet over plea by IT vendor Railways to invite global firms to manufacture hydrogen trains Airline traffic surges 7.37% after festive season.