Today's Headlines from:
Economic Times
Working towards completing merger deal with Sony: ZEEL
IIFL Finance raises $50 million from Japan's Mizuho Bank
Female labour force participation rises to 24%; unemployment declines below 9%: Survey
Free foodgrain scheme gets five-year extension; to cost Rs 11.8 lakh cr
KKR to buy remaining stake in insurer Global Atlantic for $2.7 billion
Govt invites fresh bids from asset valuers of IDBI Bank
UltraTech Cement acquires cement grinding assets of Burnpur Cement for Rs 169.79 cr
India calls bids to auction critical minerals worth Rs 45,000 crore
Aurobindo Pharma gets USFDA nod for HIV drug
Sprout Venture Partners raises nearly $10 million for second fund, looks to add another $5 million
Business Standard
India moves to elite club of nations as mcap tops $4 trn for first time
Bharti Telecom plans its biggest-ever rupee bonds worth Rs 8,000 cr
Tata Advanced Systems partners Satellogic to develop local space tech
Sequoia-backed mobile wallet Mobikwik selects banks for $84 million IPO
Indian IT industry to be worth $350 bn by 2030: Kris Gopalakrishnan
PayU's PSP revenue up at $211 mn in H1FY24 on growth in existing merchants
Hospitality company Peerless Hotels eyes doubling of rooms over five years
BoB to raise upto Rs 5,000 cr via 1st tranche of infrastructure bond
Fairbridge Capital to sell up to 8.5% stake in Thomas Cook India via OFS
LIC launches new 'Jeevan Utsav' plan with lifetime guaranteed returns
GSPay by Gupshup sees 70% M-o-M growth in UPI123 Pay transactions
Swiggy's food delivery business grew 17% to $1.43 bn in H1 FY24: Prosus
Financial Express
TCS, Infy, HCLTech clinch deals in BFSI vertical
Alipay Singapore Holding exits Zomato, sells 3.44 per cent stake worth Rs 3,337 crore
Income Tax dept conducts survey at some entities of Hinduja Group
CMS Info Systems expects handling over Rs 13.2 trillion cash in FY24
Cabinet nod for Rs 1,261 cr scheme to provide drones to 15,000 women SHGs for 2 years
Govt offloads over 4 MT of wheat in open market to curb prices
Rupee recovers from record lows; rises 6 paise to settle at 83.34 against US dollar
India Shelter Finance, DOMS Industries, 3 others get Sebi nod to float IPOs
Mint
Fed’s Beige Book shows economic slowdown as consumers pull back
Go First to chase ₹12,000 crore with litigation finance
Q3 unemployment rate in urban areas falls to 6.6%: NSSO
US GDP growth expands at annual rate of 5.2% in Q3, beats previous estimates
Sri Lanka announces $6 billion debt restructuring deal to secure IMF bailout
ICICI Bank gets approval from Indian bourses for delisting of ICICI Securities shares
Deepak Chemtex IPO- Issue subscribed more than 16 times on Day 1
Govt to add nearly 3 gigawatts of coal-fired generation in next four months
Prosus cuts valuation of Byju’s by half to sub-$3 bn.
Economic Times
Working towards completing merger deal with Sony: ZEEL IIFL Finance raises $50 million from Japan's Mizuho Bank Female labour force participation rises to 24%; unemployment declines below 9%: Survey Free foodgrain scheme gets five-year extension; to cost Rs 11.8 lakh cr KKR to buy remaining stake in insurer Global Atlantic for $2.7 billion Govt invites fresh bids from asset valuers of IDBI Bank UltraTech Cement acquires cement grinding assets of Burnpur Cement for Rs 169.79 cr India calls bids to auction critical minerals worth Rs 45,000 crore Aurobindo Pharma gets USFDA nod for HIV drug Sprout Venture Partners raises nearly $10 million for second fund, looks to add another $5 millionBusiness Standard
India moves to elite club of nations as mcap tops $4 trn for first time Bharti Telecom plans its biggest-ever rupee bonds worth Rs 8,000 cr Tata Advanced Systems partners Satellogic to develop local space tech Sequoia-backed mobile wallet Mobikwik selects banks for $84 million IPO Indian IT industry to be worth $350 bn by 2030: Kris Gopalakrishnan PayU's PSP revenue up at $211 mn in H1FY24 on growth in existing merchants Hospitality company Peerless Hotels eyes doubling of rooms over five years BoB to raise upto Rs 5,000 cr via 1st tranche of infrastructure bond Fairbridge Capital to sell up to 8.5% stake in Thomas Cook India via OFS LIC launches new 'Jeevan Utsav' plan with lifetime guaranteed returns GSPay by Gupshup sees 70% M-o-M growth in UPI123 Pay transactions Swiggy's food delivery business grew 17% to $1.43 bn in H1 FY24: ProsusFinancial Express
TCS, Infy, HCLTech clinch deals in BFSI vertical Alipay Singapore Holding exits Zomato, sells 3.44 per cent stake worth Rs 3,337 crore Income Tax dept conducts survey at some entities of Hinduja Group CMS Info Systems expects handling over Rs 13.2 trillion cash in FY24 Cabinet nod for Rs 1,261 cr scheme to provide drones to 15,000 women SHGs for 2 years Govt offloads over 4 MT of wheat in open market to curb prices Rupee recovers from record lows; rises 6 paise to settle at 83.34 against US dollar India Shelter Finance, DOMS Industries, 3 others get Sebi nod to float IPOsMint
Fed’s Beige Book shows economic slowdown as consumers pull back Go First to chase ₹12,000 crore with litigation finance Q3 unemployment rate in urban areas falls to 6.6%: NSSO US GDP growth expands at annual rate of 5.2% in Q3, beats previous estimates Sri Lanka announces $6 billion debt restructuring deal to secure IMF bailout ICICI Bank gets approval from Indian bourses for delisting of ICICI Securities shares Deepak Chemtex IPO- Issue subscribed more than 16 times on Day 1 Govt to add nearly 3 gigawatts of coal-fired generation in next four months Prosus cuts valuation of Byju’s by half to sub-$3 bn.