Today's Headlines from:-
Economic Times
Reliance Jio, Bharti Airtel's returns on investment set to double in 4 years
I&B Ministry calls for self-declaration before ad release
IndiGo to add 10 new destinations in FY25
Kedaara-backed Ajax Engineering is said to plan India IPO
Kronox Lab Sciences IPO booked 11x on strong demand from retail, NII investors
RBI to conduct buyback auction of government bonds worth Rs 30,000 crore
Manufacturing activity eases to a three-month low of 57.5 in May
Moody's raises China's growth forecast to 4.5% for 2024
Punjab National Bank, IIFCL sign pact for financing infra projects
Embassy REIT raises Rs 1200 crore debt to acquire prime commercial asset in Chennai
Climate tech firm LogicLadder raises $2.5 million in funding from Big Capital, Rainmatter
Astrotalk closes $14 million funding led by Elev8 Venture Partners
Business Standard
Baron Capital boosts food delivery firm Swiggy valuation to $15.1 billion
Battery Smart collaborates with Zepto for greener last-mile deliveries
ZEE Entertainment plans to raise funds through issue of shares, QIPs
Beneficial ownership norms in focus as MNCs face greater scrutiny
Shriram Finance raises $468 million multi-currency funds as social loans
SBI joins the Rs 8-trillion m-cap league; eyes $100 billion m-cap
UST acquires Endeavor Consulting Group for an undisclosed amount
FY25 begins with tepid work demand under MGNREGA, shows govt data
Sebi seeks additional IPO disclosures to speed up clearance process
AMD launches AI chips to take on leader Nvidia; plans new chip every year
Financial Express
Infosys hires 11,900 freshers in FY24, down from 50,000
Lenskart raises $200 million from Temasek, Fidelity
CPSEs’ capex rise 6.5% to Rs 50,206 crore in April
GST probe wing set to widen scrutiny of pharma companies
Kalyan Jewellers to fully acquire balance 15% stakes in Candere for Rs 42 crore
Kharif MSP hikes likely in 5-10% range
Petroleum products exports up 3.3% in May
Mint
Bill Ackman’s Pershing Square Targets Raising $25 Billion for US Fund
US factory activity, construction spending both fall
Oil plunges 3% as OPEC+ decision failing to ease demand concerns
Centre to fund 150 startups with up to ₹50 lakh each
IndiGo to add Mauritius to its list of destinations, enhance flights to Thailand
Amber Enterprises may invest ₹2,000 cr to set up printed circuit board facility
India's drug regulator drafts norms to report adverse effects of vaccines.
Economic Times
Reliance Jio, Bharti Airtel's returns on investment set to double in 4 years I&B Ministry calls for self-declaration before ad release IndiGo to add 10 new destinations in FY25 Kedaara-backed Ajax Engineering is said to plan India IPO Kronox Lab Sciences IPO booked 11x on strong demand from retail, NII investors RBI to conduct buyback auction of government bonds worth Rs 30,000 crore Manufacturing activity eases to a three-month low of 57.5 in May Moody's raises China's growth forecast to 4.5% for 2024 Punjab National Bank, IIFCL sign pact for financing infra projects Embassy REIT raises Rs 1200 crore debt to acquire prime commercial asset in Chennai Climate tech firm LogicLadder raises $2.5 million in funding from Big Capital, Rainmatter Astrotalk closes $14 million funding led by Elev8 Venture PartnersBusiness Standard
Baron Capital boosts food delivery firm Swiggy valuation to $15.1 billion Battery Smart collaborates with Zepto for greener last-mile deliveries ZEE Entertainment plans to raise funds through issue of shares, QIPs Beneficial ownership norms in focus as MNCs face greater scrutiny Shriram Finance raises $468 million multi-currency funds as social loans SBI joins the Rs 8-trillion m-cap league; eyes $100 billion m-cap UST acquires Endeavor Consulting Group for an undisclosed amount FY25 begins with tepid work demand under MGNREGA, shows govt data Sebi seeks additional IPO disclosures to speed up clearance process AMD launches AI chips to take on leader Nvidia; plans new chip every yearFinancial Express
Infosys hires 11,900 freshers in FY24, down from 50,000 Lenskart raises $200 million from Temasek, Fidelity CPSEs’ capex rise 6.5% to Rs 50,206 crore in April GST probe wing set to widen scrutiny of pharma companies Kalyan Jewellers to fully acquire balance 15% stakes in Candere for Rs 42 crore Kharif MSP hikes likely in 5-10% range Petroleum products exports up 3.3% in MayMint
Bill Ackman’s Pershing Square Targets Raising $25 Billion for US Fund US factory activity, construction spending both fall Oil plunges 3% as OPEC+ decision failing to ease demand concerns Centre to fund 150 startups with up to ₹50 lakh each IndiGo to add Mauritius to its list of destinations, enhance flights to Thailand Amber Enterprises may invest ₹2,000 cr to set up printed circuit board facility India's drug regulator drafts norms to report adverse effects of vaccines.