Finance News Headlines - 2nd November 2023

nikhilchauhan

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Today's Headlines from:

Economic Times


πŸ“ Vedanta Resources in talks with Cerberus, Varde for $500-m loan

πŸ“ Vodafone Idea gets Rs 2,000 cr from HDFC Bank, clears past licence, SUC dues

πŸ“ Britannia Q2 Results: Cons PAT rises 19% YoY to Rs 588 crore, tops estimates

πŸ“ Tata Steel reports whopping Rs 6,196 cr loss in Q2, revenue down 7%

πŸ“ Fed holds rates at 22-year high, signals concern on yield rise

πŸ“ LIC Housing Finance Q2 Results: Co reports four-fold jump in net profit to Rs 1188 crore

πŸ“ REC to raise $300-$500 million in Yen-denominated green bonds

πŸ“ GST collection rises 13% yoy to Rs 1.72 lakh cr in Oct; second highest after April

πŸ“ Power consumption grows nearly 22 pc to 138.94 billion units in October

πŸ“ PM Gati Shakti: Four infra projects worth Rs 23,500 crore recommended for approval

πŸ“ Railways earns freight revenue of nearly Rs 96,000 crore so far this fiscal

πŸ“ CarDekho FY23 revenue at Rs 2,331 crore; loss at Rs 562 crore

Business Standard

πŸ“ Centre may moderate FY25 disinvestment target amid limited asset sales

πŸ“ KFin Technologies launches compliance management platform Guardian

πŸ“ GCPL Q2 results: Net profit rises 21% to Rs 433 cr, volume increases 10%

πŸ“ Hero Moto's consolidated net profit jumps 47.6% to Rs 1,007 crore

πŸ“ Tata Capital PE plans to invest over Rs 400 cr in healthcare, senior care

πŸ“ Coca-Cola India net profit rises 57% to Rs 722 crore in FY23, sales up 45%

πŸ“ JK Tyre records net profit surge of nearly five-fold to Rs 242 cr in Q2FY24

πŸ“ SBI raises Rs 10,000 crore via Tier-II bonds at 7.81% coupon rate

πŸ“ Record number of over 7.85 cr I-T returns filed till Oct 31: CBDT data

πŸ“ Govt clears 110 applications for laptop imports, other IT hardware products

πŸ“ Manufacturing PMI at eight-month low in October due to decline in demand

πŸ“ India's UPI transactions scale new high in Oct; clock Rs 17.2 trn in value

πŸ“ IRDAI constitutes taskforce to review existing Bancassurance framework

πŸ“ More than 97% of Rs 2,000 note returned till October 31, says RBI

Financial Express

πŸ“ BPCL signs 15-year propane supply agreement with GAIL

πŸ“ At 2.5 million units, Apple sees record quarterly iPhone shipments in India

πŸ“ Shapoorji Pallonji Real Estate eyes Rs 1,500 crore revenue from two housing projects in Pune

πŸ“ IGL posts Q2 profit at Rs 552.67 crore, up 29.5% on-year; declares dividend

πŸ“ Adani-backed Ambuja Cements Q2 profit surges 751% to Rs 792.96 crore, revenue rises 4.1% on-year

πŸ“ Govt paddy purchases down 9% to 15.4 MT in Oct

πŸ“ Tax collections up 16.3% in H1, as against FY24 BE of 10%

πŸ“ Govt allows direct overseas listing of Indian companies; notifies relevant section under companies law

πŸ“ Rupee falls 9 paise to close at all-time low of 83.33 against US dollar

Mint

πŸ“ Airtel to reduce spectrum budget for future auctions, says MD Gopal Vittal

πŸ“ Schneider plans new battery tech in India

πŸ“ IBBI proposes amendments to norms to streamline corporate resolution process

πŸ“ Gujarat Mineral Development Corp Q2 result: Net profit drops 51% to β‚Ή74.58 cr

πŸ“ India, Sri Lanka resume talks on economic, technology cooperation

πŸ“ India Exim Bank lists $1 billion sustainability bond at London Stock Exchange

πŸ“ Reliance Industries mulls raising β‚Ή15,000 crore via local-currency bond

πŸ“ Pakistan, IMF to start negotiations on Thursday for release of second tranche $710 million of loan

πŸ“ Reliance opens Jio World Plaza in Mumbai, seeks to redefine luxury.
 
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