Today's Headlines from:
Economic Times
CBDT amends safe harbour norms for intra-group loans
BLS E-Services, Popular Vehicles get Sebi approval to launch IPOs
Rupee ends flat as stronger greenback counters exporter dollar sales
At 614, single-day Covid case count is at a 7-month high
Food subsidy of Rs 1.68 lk cr and Rs 57,686 cr released to FCI, state DCP in 2023
Road ministry to bid out BOT projects of up to Rs 2 lakh crore by March 2024: Gadkari
UK inflation hits lowest level in more than two years
Auto parts sales rise 6.5% in H1 as buyers turn to feature-rich vehicles
EnKash gets RBI nod to operate as payment aggregator
WSB Partners plans to invest over Rs 1,200 cr for warehousing foray
Insurance Broking Platform Finhaat Raises $3 million in funding from Omnivore, others
Blume Ventures sees five-fold gain from first fund
Business Standard
Google plans restructuring 30,000-people ad sales unit as automation booms
Bharat Petroleum to invest Rs 5,044 cr in PP plant at Kochi refinery
Foxconn submits application for setting up semiconductor unit: MoS IT
Japan's SMBC lends $120 mn to Air India to buy A350-900 aircraft
Aurobindo Pharma gets 'Voluntary Action Indicated' classing from US FDA
Net FDI into India touches 21-month high at $5.9 billion in October
Fresh formal job creation dips to 7-month low in October, shows EPFO data
UPI transactions surge 118% in semi-urban & rural stores, shows report
Employer sponsored health insurance cost to rise 11% in 2024: Report
Blackstone exits Embassy REIT; sells entire 23.5% stake for Rs 7,100 cr
Second best December for IPOs since 1996, 11 companies raise Rs 8,182.7 cr
Financial Express
PayCraft partners with NSDL Payments Bank and NPCI to launch Corporate Transit Card
India’s steel imports to remain elevated at ~5.5% of demand this fiscal, says CRISIL MI&A report
AVG Logistics acquires over 50 cold chain vehicles to strengthen fleet operations
VC funding in Indian startups drop 65.8% YoY to $6.9 billion during January-November 2023, says GlobalData
Open market sales of wheat cross 5 MT
Mint
GST Council can vet pleas on GST registration threshold: Finance minister
Govt plans lower stake sale target in FY25, no big names
US consumer confidence surges by most since early 2021
Govt races to add 270 mn more to Ayushman Bharat
Innova Captab Limited raises ₹171 crore from anchor investors
DLF sells independent floors, commercial plots worth ₹1,400 crore in Gurugram, Panchkula
Popular Vehicles and Services receives final approval from SEBI to raise funds via IPO
SpiceJet board to meet on January 10 to finalise preferential allotment
Jyoti CNC Automation gets SEBI nod to raise ₹1,000 crore via IPO
Centre releases norms for lease of sites for offshore wind projects.
Economic Times
CBDT amends safe harbour norms for intra-group loans BLS E-Services, Popular Vehicles get Sebi approval to launch IPOs Rupee ends flat as stronger greenback counters exporter dollar sales At 614, single-day Covid case count is at a 7-month high Food subsidy of Rs 1.68 lk cr and Rs 57,686 cr released to FCI, state DCP in 2023 Road ministry to bid out BOT projects of up to Rs 2 lakh crore by March 2024: Gadkari UK inflation hits lowest level in more than two years Auto parts sales rise 6.5% in H1 as buyers turn to feature-rich vehicles EnKash gets RBI nod to operate as payment aggregator WSB Partners plans to invest over Rs 1,200 cr for warehousing foray Insurance Broking Platform Finhaat Raises $3 million in funding from Omnivore, others Blume Ventures sees five-fold gain from first fundBusiness Standard
Google plans restructuring 30,000-people ad sales unit as automation booms Bharat Petroleum to invest Rs 5,044 cr in PP plant at Kochi refinery Foxconn submits application for setting up semiconductor unit: MoS IT Japan's SMBC lends $120 mn to Air India to buy A350-900 aircraft Aurobindo Pharma gets 'Voluntary Action Indicated' classing from US FDA Net FDI into India touches 21-month high at $5.9 billion in October Fresh formal job creation dips to 7-month low in October, shows EPFO data UPI transactions surge 118% in semi-urban & rural stores, shows report Employer sponsored health insurance cost to rise 11% in 2024: Report Blackstone exits Embassy REIT; sells entire 23.5% stake for Rs 7,100 cr Second best December for IPOs since 1996, 11 companies raise Rs 8,182.7 crFinancial Express
PayCraft partners with NSDL Payments Bank and NPCI to launch Corporate Transit Card India’s steel imports to remain elevated at ~5.5% of demand this fiscal, says CRISIL MI&A report AVG Logistics acquires over 50 cold chain vehicles to strengthen fleet operations VC funding in Indian startups drop 65.8% YoY to $6.9 billion during January-November 2023, says GlobalData Open market sales of wheat cross 5 MTMint
GST Council can vet pleas on GST registration threshold: Finance minister Govt plans lower stake sale target in FY25, no big names US consumer confidence surges by most since early 2021 Govt races to add 270 mn more to Ayushman Bharat Innova Captab Limited raises ₹171 crore from anchor investors DLF sells independent floors, commercial plots worth ₹1,400 crore in Gurugram, Panchkula Popular Vehicles and Services receives final approval from SEBI to raise funds via IPO SpiceJet board to meet on January 10 to finalise preferential allotment Jyoti CNC Automation gets SEBI nod to raise ₹1,000 crore via IPO Centre releases norms for lease of sites for offshore wind projects.