News Headlines from Business News Agencies:
Business Standard:
Dhanteras festivities spark Rs 60,000 cr sales; China faces Rs 1.25 tn loss
BP profit slumps to $2.3 bn on weak refining margins, oil trading results
JSW Energy emerges as top bidder for bankrupt KSK Mahanadi Power Company
McDonald's global sales fall more than expected on muted demand: Report
Zinc raises $25.5 million in seed funding from Nexus Venture Partners
RBI's domestically-held gold reserves jump 510.46 MT by end-September
Coal, Power ministries plan winter coordination to prevent power shortages
Indonesia plans to import 1 million tonnes of rice from India in 2025
NFRA likely to notify revised audit standards soon amid ICAI concerns
Jio Financial Services launches SmartGold for digital gold purchase
Swiggy raises primary issuance to Rs 4,499 cr, cuts OFS to 175.1 mn shares
From Ayurveda to AIIMS, PM Modi launches Rs 12,850 cr healthcare projects
China power demand growing faster than expected: Industry association
Economic Times:
TCS signs $245 million 15-year deal to transform Ireland’s pension system
Robust prices, resilient domestic demand to drive performance of domestic base metal Cos in FY'25
Transformers and Rectifiers (India) gets orders worth Rs 270 cr from Adani Energy, 3 others
Finova Capital secures Rs 1,135 crore from Avataar Venture Partners, Sofina, Madison India others
Amazon Pay India reports Rs 2,286 crore revenue for FY24, cuts losses by 39%
Govt asks manufacturers to cut price of 3 anti-cancer drugs
Trai extends deadline on traceability mandate to December 1
Cashfree Payments receives prepaid payment instrument licence from RBI
Realty developer Anant Raj to raise up to Rs 2,000 crore via QIP
Lockton gets IRDAI nod to buy Arihant Insurance Broking
Robust prices, resilient domestic demand to drive performance of domestic base metal Cos in FY'25
Tata Power Renewable Energy, IndusInd Bank partner to provide finance for solar projects
Mint:
Maruti Suzuki Q2 Results: Net profit at ₹3,069 crore, revenue flat YoY
Canara Bank Q2 result: Net profit rises 11% YoY to ₹4,014 crore; NPA improves
Syrma SGS Technologies targets $1 billion revenue by FY27
Govt to impose penalties on GE Electric over delay in delivery of fighter jet en
HDFC, Kotak among banks facing surge in default from over-leveraged debtors
NSE cash volumes sink to six-month low ahead of Sebi’s F&O curbs
Coal India banks on upcoming power plants to accelerate growth
Jio Financial Services get RBI nod for online payment aggregator business
Apple's iPhone exports from India soar amid push to reduce dependence on China
Small-business lender Finova Capital raises $135 mn to expand loan book
JSW Steel ties up with South Korea's POSCO on steel plant, EV batteries and more
Razorpay's payment gateway business clocks ₹2,068 crore in revenue for FY24.
Business Standard:
Dhanteras festivities spark Rs 60,000 cr sales; China faces Rs 1.25 tn loss BP profit slumps to $2.3 bn on weak refining margins, oil trading results JSW Energy emerges as top bidder for bankrupt KSK Mahanadi Power Company McDonald's global sales fall more than expected on muted demand: Report Zinc raises $25.5 million in seed funding from Nexus Venture Partners RBI's domestically-held gold reserves jump 510.46 MT by end-September Coal, Power ministries plan winter coordination to prevent power shortages Indonesia plans to import 1 million tonnes of rice from India in 2025 NFRA likely to notify revised audit standards soon amid ICAI concerns Jio Financial Services launches SmartGold for digital gold purchase Swiggy raises primary issuance to Rs 4,499 cr, cuts OFS to 175.1 mn shares From Ayurveda to AIIMS, PM Modi launches Rs 12,850 cr healthcare projects China power demand growing faster than expected: Industry associationEconomic Times:
TCS signs $245 million 15-year deal to transform Ireland’s pension system Robust prices, resilient domestic demand to drive performance of domestic base metal Cos in FY'25 Transformers and Rectifiers (India) gets orders worth Rs 270 cr from Adani Energy, 3 others Finova Capital secures Rs 1,135 crore from Avataar Venture Partners, Sofina, Madison India others Amazon Pay India reports Rs 2,286 crore revenue for FY24, cuts losses by 39% Govt asks manufacturers to cut price of 3 anti-cancer drugs Trai extends deadline on traceability mandate to December 1 Cashfree Payments receives prepaid payment instrument licence from RBI Realty developer Anant Raj to raise up to Rs 2,000 crore via QIP Lockton gets IRDAI nod to buy Arihant Insurance Broking Robust prices, resilient domestic demand to drive performance of domestic base metal Cos in FY'25 Tata Power Renewable Energy, IndusInd Bank partner to provide finance for solar projectsMint:
Maruti Suzuki Q2 Results: Net profit at ₹3,069 crore, revenue flat YoY Canara Bank Q2 result: Net profit rises 11% YoY to ₹4,014 crore; NPA improves Syrma SGS Technologies targets $1 billion revenue by FY27 Govt to impose penalties on GE Electric over delay in delivery of fighter jet en HDFC, Kotak among banks facing surge in default from over-leveraged debtors NSE cash volumes sink to six-month low ahead of Sebi’s F&O curbs Coal India banks on upcoming power plants to accelerate growth Jio Financial Services get RBI nod for online payment aggregator business Apple's iPhone exports from India soar amid push to reduce dependence on China Small-business lender Finova Capital raises $135 mn to expand loan book JSW Steel ties up with South Korea's POSCO on steel plant, EV batteries and more Razorpay's payment gateway business clocks ₹2,068 crore in revenue for FY24.