Today's Headlines from:
Economic Times
ITC Q2 Results: Profit rises 10% YoY to Rs 4,927 crore, beats estimates
Strong economy may still require rate increases: Fed Chair Jerome Powell
SoftBank to offload 1.1% stake in Zomato worth Rs 1,024 crore via bulk deal: Report
HUL Q2 profit rises 4% to Rs 2,717 crore; dividend @ Rs 18/share
South Indian Bank Q2 Results: Net profit rises 23% YoY to Rs 275 crore
BCIC signs up with Japan's SME organisation to step up manufacturing share to India's GDP
Tata Group considers topping up another $1 billion for super-app arm
Nestle India net rises 37 per cent, sales surge past Rs 5,000 crore
AI startup Imbue gets $12 million in follow-on funding
Overseas remittance fintech HiWi raises Rs 7.5 crore funding from Unicorn India Ventures, others
Agri-inputs ecommerce startup BharatAgri raises $4 million in funding round led by Arkam Ventures
Business Standard
PVR Inox Q2FY24 result: Profit at Rs 166 cr; revenue rises to Rs 1,999 cr
UltraTech Q2FY24 results: Net profit up 69% to Rs 1,281 cr, beats estimates
Hindujas tap private credit, foreign banks for Reliance Capital buy
Tata Motors to acquire 26.79% stake in Freight Tiger for Rs 150 crore
Rebel Foods' EatSure partners with railways to provide food on trains
India needs its own P&I entity for maritime, says FM Nirmala Sitharaman
Reserve Bank of India net sells $3.9 billion foreign currency in August
Financial Express
IBBI to float discussion papers on CIRP, corporate liquidation soon
NLC charts out Rs 83,000-cr capex plan
Cyient Q2 profit jumps 132.1% at Rs 183.60 crore, revenue up 27.4% on-year
Coforge posts Q2 profit at Rs 181.30 crore, revenue up 15.7% at Rs 2267.20 crore
IndusInd Bank Q2 profit up 22 per cent to Rs 2,202 crore
India-China to contribute half of world’s growth in 2023, 2024: IMF
Rupee rises 5 paise to close at 83.23 against US dollar
Blue Jet Healthcare eyes Rs 840 cr via IPO; sets price band at Rs 329-346 per share
Mint
Microsoft India revenue rises 39% in FY23 on services boost
PE firm Faering Capital invests $30 mn in Vastu Housing Finance
Northern Arc picks ICICI Securities to manage ₹2K cr IPO
Equitas SFB Q2 Results: Net profit up 70% to ₹198 crore, NIIs up 25% YoY
Govt puts in place online authorisation system for laptop imports
Uttarakhand got investments worth over ₹54,000 cr since Sept
Godrej Capital aims for ₹50,000 crore AUM by 2028.
Economic Times
ITC Q2 Results: Profit rises 10% YoY to Rs 4,927 crore, beats estimates Strong economy may still require rate increases: Fed Chair Jerome Powell SoftBank to offload 1.1% stake in Zomato worth Rs 1,024 crore via bulk deal: Report HUL Q2 profit rises 4% to Rs 2,717 crore; dividend @ Rs 18/share South Indian Bank Q2 Results: Net profit rises 23% YoY to Rs 275 crore BCIC signs up with Japan's SME organisation to step up manufacturing share to India's GDP Tata Group considers topping up another $1 billion for super-app arm Nestle India net rises 37 per cent, sales surge past Rs 5,000 crore AI startup Imbue gets $12 million in follow-on funding Overseas remittance fintech HiWi raises Rs 7.5 crore funding from Unicorn India Ventures, others Agri-inputs ecommerce startup BharatAgri raises $4 million in funding round led by Arkam VenturesBusiness Standard
PVR Inox Q2FY24 result: Profit at Rs 166 cr; revenue rises to Rs 1,999 cr UltraTech Q2FY24 results: Net profit up 69% to Rs 1,281 cr, beats estimates Hindujas tap private credit, foreign banks for Reliance Capital buy Tata Motors to acquire 26.79% stake in Freight Tiger for Rs 150 crore Rebel Foods' EatSure partners with railways to provide food on trains India needs its own P&I entity for maritime, says FM Nirmala Sitharaman Reserve Bank of India net sells $3.9 billion foreign currency in AugustFinancial Express
IBBI to float discussion papers on CIRP, corporate liquidation soon NLC charts out Rs 83,000-cr capex plan Cyient Q2 profit jumps 132.1% at Rs 183.60 crore, revenue up 27.4% on-year Coforge posts Q2 profit at Rs 181.30 crore, revenue up 15.7% at Rs 2267.20 crore IndusInd Bank Q2 profit up 22 per cent to Rs 2,202 crore India-China to contribute half of world’s growth in 2023, 2024: IMF Rupee rises 5 paise to close at 83.23 against US dollar Blue Jet Healthcare eyes Rs 840 cr via IPO; sets price band at Rs 329-346 per shareMint
Microsoft India revenue rises 39% in FY23 on services boost PE firm Faering Capital invests $30 mn in Vastu Housing Finance Northern Arc picks ICICI Securities to manage ₹2K cr IPO Equitas SFB Q2 Results: Net profit up 70% to ₹198 crore, NIIs up 25% YoY Govt puts in place online authorisation system for laptop imports Uttarakhand got investments worth over ₹54,000 cr since Sept Godrej Capital aims for ₹50,000 crore AUM by 2028.