Finance News Headlines - 25th August 2023

nikhilchauhan

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Staff member
Economic Times

πŸ“ Mistry family in talks to refinance β‚Ή18,000 cr of debt

πŸ“ CCI imposes penalty of Rs 1 crore on Bharti Airtel

πŸ“ Quinag exits Manappuram Finance; sells entire stake for Rs 1,177 crore

πŸ“ EMS plans to float IPO in Sep to raise up to Rs 320 crore

πŸ“ Rice output may fall by 5% due to uneven rains

πŸ“ PM GatiShakti: Network Planning Group endorses infra projects worth Rs 7,693 cr

πŸ“ NCLT okays Ramkrishna Forgings' bid to acquire Amtek Group arm

πŸ“ Reliance Commercial to infuse Rs 1,043 cr in Reliance Infra, Reliance Power

πŸ“ NHPC, APGENCO to set up 2 hydel, renewable energy projects in Andhra Pradesh

πŸ“ Language model ops startup Portkey.ai raises $3 million in funding led by Lightspeed Venture Partners

Business Standard

πŸ“ Brics to have 6 new members with 'deep ties' to India, says PM Modi

πŸ“ USA's Merative opens global capability centres in three Indian cities

πŸ“ Tata group gets ready to launch Tata Tech IPO, plans to raise Rs 5,000 cr

πŸ“ Infosys signs up global tennis legend Rafael Nadal as brand ambassador

πŸ“ India, US likely to discuss import curbs on laptops, PCs, and tablets

πŸ“ Irdai lowers minimum capital need for foreign reinsurers to Rs 50 crore

πŸ“ Stricter disclosure norms for FPIs will come into effect from Nov 1: Sebi

πŸ“ India's fuel subsidies fourth largest in the world, shows IMF data

πŸ“ Tax tribunal allows capital gain exemption in case of house purchase

πŸ“ Union Bank prices equity shares at Rs 86.55 for QIP; raises Rs 5,000 crore

Financial Express

πŸ“ Banking sector posts 16.2% growth in credit offtake in Q1, FY24 outlook remains positive, says CareEdge

πŸ“ Varde Partners lends Rs 750 crore to Phoenix group

πŸ“ Supply side measures must continue to prevent frequent food supply shocks: Das

πŸ“ Vishnu Prakash R Punglia IPO subscribed 3.77 times on first day of offer

πŸ“ Rupee rises 14 paise to settle at 82.58 against US dollar

πŸ“ Modern services sectors can create 3 million jobs: Axis Bank chief economist

πŸ“ Despite record hiring by GCCs, FY24 will see a 50% drop in overall IT intake

Mint

πŸ“ BPEA sells Coforge stake for β‚Ή7,684 cr

πŸ“ Reliance Industries and Oberoi to jointly manage luxury hotels in India and UK

πŸ“ Commercial production of ACC batteries under PLI scheme to start from FY24-end

πŸ“ Jio adds 22 lakh mobile users in June, Voda Idea loses 12.9 lakh customers: TRAI

πŸ“ India’s mineral production up 7.6% in June

πŸ“ Sachin Bansal’s Navi Finserv raises β‚Ή163 crore from Citi, Northern Arc

πŸ“ Sandwich chain Subway sold to Roark Capital for $9.55 billion

πŸ“ Suzlon bags 31.5MW wind energy project from Integrum Energy Infrastructure.
 
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