Today's News HeadlinesEconomic Times
Sebi approves relaxing borrowing norms for large corporates in debt marketIRDAI to roll out nationwide cashless medical-insurance settlement soon Glenmark to sell 75% stake in life sciences arm to Nirma for Rs 5,652 crore Vedanta to raise up to Rs 2,500 crore via NCDs US weekly jobless claims unexpectedly fall Profit margins of 11 listed retail entities to moderate by 120 bps to 5.2% in FY2024 : ICRA Incubate Fund Asia announces third fund, rebranding E-visa startup Atlys raises $12 million from Elevation Capital, Peak XV, others Rising logistics demand expected to create 10 million jobs in India by 2027: ReportBusiness Standard
Market regulator Sebi eases corporate bond issuance norms for large firms Cisco Systems beefs up cybersecurity play with $28 billion Splunk deal IFC, construction firm Sunteck set up JV for nearly 12K housing units Schneider Electric lines up Rs 3,200 cr capex by 2026: CEO, MD Sharma Amazon launches Multi-Channel Fulfilment for sellers and brands in India Hettich invests Rs 600 crore in Madhya Pradesh, opens manufacturing plant Social gaming platform Eloelo raises $22 million in Pre-Series B round Cipla's US subsidiary InvaGen gets 5 inspectional observations from USFDA Ipca Laboratories acquires 19.29% stake in Unichem through open offer IT services firm NTT Data launches 3 centres of excellence in Chennai Bank credit grows 15.07% YoY in early Sept; deposits expands by 12.8% Global fundraising via IPOs drops 52% in 2023 to $147.2 billion Toshiba to go private as $13.5 billion buyout offer by JIP succeeds Tesla proposes building EV battery storage factory in India: ReportFinancial Express
Safexpay ventures into Saudi Arabia, Qatar, Oman; commits to invest $10 million in GCC region ITC Hotels signs management agreement for Welcomhotel Kalimpong TCS bags order from Kingfisher to help drive frictionless customer experience with TCS OmniStore HDFC AMC receives RBI approval to acquire up to 9.5% stake in Karur Vysya Bank, DCB Bank Despite El niño, monsoon in ‘normal’ range as predicted: IMD chief Retail inflation for farm, rural workers eases marginally in August Government to extend stock holding limits of tur, uradMint
Banks to tag wilful default in six months under new rules Centre seeks inputs over FDI dip worries Rajya Sabha passes Women's Reservation Bill after 11-hour debate Centre asks sugar traders, retailers, wholesalers to disclose stocks RBI can spend $30 billion of forex reserves to defend rupee: Deutsche Bank Jindal Power seeks nod to submit new resolution plan for Tuticorin Coal Terminal Delhi govt floats tenders for deploying e-scooters, e-cycles in Dwarka BoE holds key rate steady at 5.25%, joins US Fed to avoid another hike.