Finance News Headlines - 4th October 2023


Staff member
Today's Headlines from:

Economic Times

πŸ“ States' borrowing cost soars to 23-week high of 7.56%

πŸ“ Maruti Suzuki hit with Rs 2,159 crore Income Tax Draft Assessment Order

πŸ“ Warburg Pincus buys Brookfield's global BPO firm Everise

πŸ“ Abu Dhabi-based IHC increases stake in Adani Enterprises to above 5%

πŸ“ Waaree plans $350 million IPO fundraise, targets $3 billion valuation

πŸ“ Finance Ministry approves Rs 60,000 cr interest subsidy scheme on home loans for urban poor: Sources

πŸ“ Power Finance Corporation sanctions Rs 15,000 crore loans, forays into funding of airport projects

πŸ“ NCC bags 3 orders worth Rs 4,206 cr

πŸ“ Office leasing across 9 cities increased by 33% Y-o-Y : CBRE

πŸ“ Digital health platform Clinikally raises $2.6 million from Y Combinator, Tribe Capital

πŸ“ Clean energy startup Electric Hydrogen raises $380 million in latest funding round

πŸ“ Visa launches $100 million venture fund for generative AI startups

Business Standard

πŸ“ World Bank raises India's retail inflation forecast to 5.9% for FY24

πŸ“ IOC to invest over Rs 2,600 crore to set up greenfield units in northeast

πŸ“ Bajaj Allianz gets Rs 1,010 crore tax demand from GST intelligence

πŸ“ Krypton may invest $100 mn to set up a fabrication unit in Karnataka

πŸ“ IL&FS Group announces discharging debt worth Rs 35,650 cr by Sept 23

πŸ“ Marksans Pharma gets USFDA approval for Esomeprazole Magnesium Capsules

πŸ“ Higher coal movement takes rail freight growth to 6.7% in September

πŸ“ Rupee weakens 17 paisa against the US dollar, settles at Rs 83.21

πŸ“ CD issuances in September surged to FY24 high amid tight liquidity

πŸ“ Indian Air Force to procure weapons worth Rs 2.5-3 trn in next 7-8 years

πŸ“ IIM Lucknow bucks the job market trend, logs 100% summer offers

Financial Express

πŸ“ L&T Construction bags large order for its Transportation Infrastructure biz

πŸ“ Adani Energy Solutions commissions Khargar-Vikhroli transmission line to supply 1,000 MW additional power to Mumbai

πŸ“ Mobile download speeds: India moves up 72 spots in global ranking

πŸ“ Indian economy to grow at 6.3 pc in FY24: World Bank

πŸ“ India’s manufacturing PMI eases to 5-month low in September at 57.5

πŸ“ Renaissance Solar and Electronics plans India manufacturing facility, to invest $300 million


πŸ“ Vedanta Resources nears $3 billion refinancing deal

πŸ“ India requests Opec to go easy on output cuts

πŸ“ UK regulator to push for antitrust probe into Amazon, Microsoft cloud dominance

πŸ“ Sebi introduces mechanism for intermediaries reporting demise of an investor

πŸ“ DMart's revenue jumps by 18.5% YoY to β‚Ή12,308 crore in Q2

πŸ“ HDFC Revamps Top Management After Mega Merger.