Today's News HeadlinesEconomic Times
RBI raises concern over high bad loan ratio in urban cooperative banks India Inc legal spending rises by 21% to Rs 63,807 crore in FY23 Rockingdeals Circular Economy files IPO papers Power Grid Corp board okays raising up to Rs 2,250 cr via bonds to fund capex Centre extends time period for stock limits on tur, urad by two months till December 31 JPMorgan M&A head sees up to $150 billion funds focused on India India allows 75,000 tonne of non-Basmati white rice exports to UAE Trifecta Capital announces final close of third venture debt fund at Rs 1,777 crore Dunzo may get $30-35 million lifeline from Reliance, Google, others; more cost cuts on anvil across biz Indian agritech startups saw 45% fall in funding between FY22 and FY23: reportBusiness Standard
Regulatory framework for large unlisted firms by MCA in the works Amazon to invest $4 bn in AI startup Anthropic amid growing tech battle Burmans seek control of Religare Enterprises, make open offer to buy 26% Flipkart Ventures invests in five early-stage technology startups Aditya Birla Finance aims to raise Rs 2K cr via non-convertible debentures Refex Group to invest Rs 1,300 cr in unit catering to business travel S&P retains India's FY24 GDP forecast at 6% on slowing world economy Private defence companies likely to sell Rs 60,000 crore arms to MoD Govt considering $7.2 billion housing loan interest subsidy scheme Demat accounts grow 26% to 127 mn in Aug on returns from equity markets Demand for frontline jobs decreased by 17.5% in FY23, shows dataFinancial Express
IT engineering service firms growing faster than service firms Meesho to offer 5 lakh seasonal jobs to meet festive demand Wipro sells 14-acre land, Chennai building to Casagrand Bizpark for Rs 266.38 crore India’s final energy demand expected to double by 2070, says Deloitte-FICCI report Coforge partners with Newgen to deliver insurance lifecycle management solutions Govt to sell more wheat in open market Monsoon withdrawal commences; Rainfall in northwest to continue into OctoberMint
NCLAT to hear SREI Infra plea on 4 Oct Over 1 million new EPF subscribers registered in July: NSO data Bank credit hits ₹150 tn on retail, HDFC merger MTNL seeks shareholders' nod to raise ₹3,126 crore via bonds Gadkari seeks support from all stakeholders for vehicle scrapping policy Supreme Court to hear NFRA jurisdiction dispute on 13 October Railroads to receive $1.4 Billion for Fixes and Upgrades JSW Infra IPO subscribed 43% on day 1; retail portion oversubscribed.