Today's Headlines from:
Economic Times
India becomes AIIB's top market for funding infrastructure projects
Cabinet approves pact between India, Japan on semiconductor supply chain
Axis Bank Q2 profit rises 10% YoY to Rs 5,863 crore; NII jumps 19%
Jubilant FoodWorks Q2 Results: Profit slides 39% YoY to Rs 72 crore, misses estimate
Garuda Aerospace secures Rs 25 crores in funding led by Venture Catalysts, WeFounderCircle, others
Footwear brand Inc.5 raises maiden institutional funding of $10 million
EV company Exponent eyes $25 million at $100-120 million valuation
Indian conglomerate Essar plans regional hub in Saudi Arabia
Hindujas eye $35-40 billion valuation of their BFSI business
Business Standard
RBI directs private banks to have at least two whole time directors
India negotiates for UK carbon tax concessions in proposed FTA deal
GMR Airports purchases 11% more stake in GMR Hyderabad Airport for $100 mn
Renault lines up € 3 bn investment, 8 new models to expand global reach
CMS Info System Q2 net profit up 16%, managed ATM services income grows 26%
PayMate India achieves TPV of Rs 84,519 cr, 8 fold increase in FY23 profit
EPFO's investible corpus crosses Rs 21 trn in FY23, ETF investments at 9.2%
Centre looks to meet freight corridor cost escalation from its own pockets
NPS adoption by govt sector at 5 month high in August, shows NSO data
Centre approves Rs 22,303 cr subsidy on P&K fertilizers for rabi season
India-Japan pact on semiconductor supply chain gets Cabinet green light
Weekly Treasury bills' yield rise as bank liquidity deficit nears Rs 1 trn
Centre extends mandate on coal import; blending to continue till March 2024
Financial Express
Tech Mahindra Q2 Results: Profit plunges 61.6% on-year to Rs 493.90 crore, revenue falls to Rs 12,863.90 crore
Gensol Engineering bags Rs 302-cr contract from Mahagenco
Decathlon weighs minority stake sale in $1 billion China business
CRC Group eyes Rs 1,200 crore revenues from new commercial project in Noida
Rupee falls 2 paise to 83.18 against US dollar
Mint
Welspun India Q2 results: Net profit rises to ₹200 crore
Indus Towers Q2 result: Net profit up 49% YoY at ₹1,295 cr, revenue down 10%
India to resume visa services for certain categories amid row with Canada
Hotel industry's double-digit growth to continue this fiscal, says ICRA report
IPO fundraising in H1FY24 drops 26% to ₹26,300 crore
ADB approves $400 million loan for urban services in India
GST Evasion: Government expecting ₹50,000 crore mop-up on recovery of dues.
Economic Times
India becomes AIIB's top market for funding infrastructure projects Cabinet approves pact between India, Japan on semiconductor supply chain Axis Bank Q2 profit rises 10% YoY to Rs 5,863 crore; NII jumps 19% Jubilant FoodWorks Q2 Results: Profit slides 39% YoY to Rs 72 crore, misses estimate Garuda Aerospace secures Rs 25 crores in funding led by Venture Catalysts, WeFounderCircle, others Footwear brand Inc.5 raises maiden institutional funding of $10 million EV company Exponent eyes $25 million at $100-120 million valuation Indian conglomerate Essar plans regional hub in Saudi Arabia Hindujas eye $35-40 billion valuation of their BFSI businessBusiness Standard
RBI directs private banks to have at least two whole time directors India negotiates for UK carbon tax concessions in proposed FTA deal GMR Airports purchases 11% more stake in GMR Hyderabad Airport for $100 mn Renault lines up € 3 bn investment, 8 new models to expand global reach CMS Info System Q2 net profit up 16%, managed ATM services income grows 26% PayMate India achieves TPV of Rs 84,519 cr, 8 fold increase in FY23 profit EPFO's investible corpus crosses Rs 21 trn in FY23, ETF investments at 9.2% Centre looks to meet freight corridor cost escalation from its own pockets NPS adoption by govt sector at 5 month high in August, shows NSO data Centre approves Rs 22,303 cr subsidy on P&K fertilizers for rabi season India-Japan pact on semiconductor supply chain gets Cabinet green light Weekly Treasury bills' yield rise as bank liquidity deficit nears Rs 1 trnCentre extends mandate on coal import; blending to continue till March 2024Financial Express
Tech Mahindra Q2 Results: Profit plunges 61.6% on-year to Rs 493.90 crore, revenue falls to Rs 12,863.90 crore Gensol Engineering bags Rs 302-cr contract from Mahagenco Decathlon weighs minority stake sale in $1 billion China business CRC Group eyes Rs 1,200 crore revenues from new commercial project in Noida Rupee falls 2 paise to 83.18 against US dollarMint
Welspun India Q2 results: Net profit rises to ₹200 crore Indus Towers Q2 result: Net profit up 49% YoY at ₹1,295 cr, revenue down 10% India to resume visa services for certain categories amid row with Canada Hotel industry's double-digit growth to continue this fiscal, says ICRA report IPO fundraising in H1FY24 drops 26% to ₹26,300 crore ADB approves $400 million loan for urban services in India GST Evasion: Government expecting ₹50,000 crore mop-up on recovery of dues.