Today's Headlines from:
Economic Times
Mask up, say doctors as Covid-19 cases show a rise
Fairfax Financial pares 5.7% stake in IIFL Finance worth Rs 1,198 cr
Ola Electric files draft papers with SEBI to raise Rs 5,500 cr via IPO
Centre transfers additional Rs 72,961 crore to states above budgeted tax devolution
India's forex reserves jump $9.11 bn to $615.97 bn for the week ending December 15
Domestic jewellery consumption likely to grow 10-12% in FY24: ICRA
India exports 43 per cent more diesel in November
NTPC Renewable Energy wins bid for 900 MW solar projects
Bharat Electronics Ltd bags orders worth Rs 2,673 crore from two firms
Lupin to acquire established products in Europe, Canada from Sanofi for Rs 91 cr
Cloud kitchen service provider Kitchens@ raises Rs 540 crore in funding
Agritech startup Fasal raises $12 million in funding led by TDK Ventures, British International Investment
Business Standard
Sebi proposes implementation of T+0 settlement cycle in two phases
Tesla buys land for Shanghai battery factory, to make 10K units anually
OneWeb sets sights on defence, governance for satellite broadband expansion
NPS adoption dips to 4 month low in October amid corporate slowdown: NSO
Banks bid 2.5 times at Rs 4.75 trn against notified amount at VRR auction
Credit card spending take 10% dip in Nov as festive season comes to end
EV sales likely to reach 10 mn annually by 2030, create 50 mn jobs: Gadkari
Financial Express
Better profitability to support corporate rating headroom: Fitch
Geological Survey of India plans to install AI for use in mineral exploration
Ramkrishna Forgings secures NCLT approval for acquisition of ACIL Ltd
Organised F&G retailers to log revenue growth of 14-15% in fiscal 2025, says CRISIL Ratings
PSP Projects bags Rs 159 crore order in Gujarat
Govt extends zero import duty, agri-cess exemption on masur till March 2025
Awfis Space Solutions files IPO papers with Sebi
Rupee rises 12 paise to settle at 83.15 against US dollar
Mint
NFRA flags gaps in statutory audits done by top audit firms
Finmin shrugs off IMF’s debt concern
FPIs’ monthly investments hit 3-yr high in Dec
Swan Energy plans ₹300 cr debt prepayment for Jafarabad FSRU project
JN.1 Covid variant vaccine: Serum Institute to apply for licence
Banks’ deposit growth at 13%, lowers gap with credit growth: Jefferies
Commercial LPG price cut by up to ₹39.5 per cylinder
General Atlantic to acquire a majority stake in Amar Ujala's healthcare chain
Pakistan: 4.4 magnitude earthquake shakes Islamabad, Rawalpindi.
Economic Times
Mask up, say doctors as Covid-19 cases show a rise Fairfax Financial pares 5.7% stake in IIFL Finance worth Rs 1,198 cr Ola Electric files draft papers with SEBI to raise Rs 5,500 cr via IPO Centre transfers additional Rs 72,961 crore to states above budgeted tax devolution India's forex reserves jump $9.11 bn to $615.97 bn for the week ending December 15 Domestic jewellery consumption likely to grow 10-12% in FY24: ICRA India exports 43 per cent more diesel in November NTPC Renewable Energy wins bid for 900 MW solar projects Bharat Electronics Ltd bags orders worth Rs 2,673 crore from two firms Lupin to acquire established products in Europe, Canada from Sanofi for Rs 91 cr Cloud kitchen service provider Kitchens@ raises Rs 540 crore in funding Agritech startup Fasal raises $12 million in funding led by TDK Ventures, British International InvestmentBusiness Standard
Sebi proposes implementation of T+0 settlement cycle in two phases Tesla buys land for Shanghai battery factory, to make 10K units anually OneWeb sets sights on defence, governance for satellite broadband expansion NPS adoption dips to 4 month low in October amid corporate slowdown: NSO Banks bid 2.5 times at Rs 4.75 trn against notified amount at VRR auction Credit card spending take 10% dip in Nov as festive season comes to end EV sales likely to reach 10 mn annually by 2030, create 50 mn jobs: GadkariFinancial Express
Better profitability to support corporate rating headroom: Fitch Geological Survey of India plans to install AI for use in mineral exploration Ramkrishna Forgings secures NCLT approval for acquisition of ACIL Ltd Organised F&G retailers to log revenue growth of 14-15% in fiscal 2025, says CRISIL Ratings PSP Projects bags Rs 159 crore order in Gujarat Govt extends zero import duty, agri-cess exemption on masur till March 2025 Awfis Space Solutions files IPO papers with Sebi Rupee rises 12 paise to settle at 83.15 against US dollarMint
NFRA flags gaps in statutory audits done by top audit firms Finmin shrugs off IMF’s debt concern FPIs’ monthly investments hit 3-yr high in Dec Swan Energy plans ₹300 cr debt prepayment for Jafarabad FSRU project JN.1 Covid variant vaccine: Serum Institute to apply for licence Banks’ deposit growth at 13%, lowers gap with credit growth: Jefferies Commercial LPG price cut by up to ₹39.5 per cylinder General Atlantic to acquire a majority stake in Amar Ujala's healthcare chain Pakistan: 4.4 magnitude earthquake shakes Islamabad, Rawalpindi.