Today's Headlines from:
Economic Times
M&A activities plunge 51% to $83 billion in 2023: Report
Govt to review progress of PLI scheme on Jan 12
Bandhan Bank's credit in Q3 grows 19% to Rs 1.16 lakh crore
Sanstar files IPO papers with Sebi to raise funds
SBI raises $250 million through green bonds maturing in 2028
RECPDCL inks initial pact with Gujarat govt for smart metering projects worth Rs 2,094 crore
Aris Infra targets Rs 5,000-crore revenue, reach 9,500 pan-India locations by 2027
Quadria in talks to buy into dialysis chain NephroPlus
Indian Railways earns Rs 1.25 lakh crore freight revenue till December 2023
Search startup Perplexity AI valued at $520 million in funding from Bezos, Nvidia
Payments firm Cashfree posts 75% jump in FY23 revenue, losses bloat to Rs 133 crore
Swiggy investor Invesco raises food delivery firm’s valuation by 9% to $8.5 billion
Indian GenAI firms raised $700 million in 3 years, says Nasscom
Business Standard
Zomato begins liquidation of its Vietnam-based step-down subsidiary
60% startup founders report increased revenue, profitability in 2023
Reliance, Disney start antitrust diligence on India media merger: Report
Grasim Industries rights issue price fixed at Rs 1,812 per share
AU Small Finance Bank's advances rise 20% to Rs 67,624 cr in Q3FY24
Reliance Jio gained 3.15 mn users in October; Vi lost 2.04 mn: Trai
Poonawalla Fincorp's AUM rises 57% to around Rs 21,850 cr in Q3FY24
Flipkart forms strategic partnership with digit asset company Fireblocks
RBI directs issuers to specify utilisation of funds raised via NCDs, CPs
Indians downloaded 26 billion apps on mobile devices in 2023, shows data
MeitY unveils domain registration portal for educational institutions
French major Valeo lines up expansion in Tamil Nadu, plans to hire 3,000
Financial Express
Fintech funding falls 63% in 2023; $2 billion raised compared to $5.4 billion in 2022
Coffee Day Enterprises’ total default rises to Rs 434 crore in December quarter
Persistent collaborates with Amazon Web Services to accelerate Generative AI adoption
Juniper Green Energy pledges Rs 8,000 cr investment on renewable energy in Gujarat
Govt considering easing visas for Chinese experts
Rupee rises 7 paise to close at 83.23 against US dollar
KRBL turns focus to domestic markets as export growth slows
Hiring activity to increase 8.3 per cent in 2024, shows study
Mint
Aster DM looking for M&As in West, North India: CEO
Govt launches tur dal purchase portal
Aircraft induction in India increased by 51% in 2023; DGCA plans to induct more
China's GDP likely to grow at 4.4% in 2024, predicts UBS economist
Equity fundraising spiked 59% to ₹1.44 lakh crore in 2023: Report.
Economic Times
M&A activities plunge 51% to $83 billion in 2023: Report Govt to review progress of PLI scheme on Jan 12 Bandhan Bank's credit in Q3 grows 19% to Rs 1.16 lakh crore Sanstar files IPO papers with Sebi to raise funds SBI raises $250 million through green bonds maturing in 2028 RECPDCL inks initial pact with Gujarat govt for smart metering projects worth Rs 2,094 crore Aris Infra targets Rs 5,000-crore revenue, reach 9,500 pan-India locations by 2027 Quadria in talks to buy into dialysis chain NephroPlus Indian Railways earns Rs 1.25 lakh crore freight revenue till December 2023 Search startup Perplexity AI valued at $520 million in funding from Bezos, Nvidia Payments firm Cashfree posts 75% jump in FY23 revenue, losses bloat to Rs 133 crore Swiggy investor Invesco raises food delivery firm’s valuation by 9% to $8.5 billion Indian GenAI firms raised $700 million in 3 years, says NasscomBusiness Standard
Zomato begins liquidation of its Vietnam-based step-down subsidiary 60% startup founders report increased revenue, profitability in 2023 Reliance, Disney start antitrust diligence on India media merger: Report Grasim Industries rights issue price fixed at Rs 1,812 per share AU Small Finance Bank's advances rise 20% to Rs 67,624 cr in Q3FY24 Reliance Jio gained 3.15 mn users in October; Vi lost 2.04 mn: Trai Poonawalla Fincorp's AUM rises 57% to around Rs 21,850 cr in Q3FY24 Flipkart forms strategic partnership with digit asset company Fireblocks RBI directs issuers to specify utilisation of funds raised via NCDs, CPs Indians downloaded 26 billion apps on mobile devices in 2023, shows data MeitY unveils domain registration portal for educational institutions French major Valeo lines up expansion in Tamil Nadu, plans to hire 3,000Financial Express
Fintech funding falls 63% in 2023; $2 billion raised compared to $5.4 billion in 2022 Coffee Day Enterprises’ total default rises to Rs 434 crore in December quarter Persistent collaborates with Amazon Web Services to accelerate Generative AI adoption Juniper Green Energy pledges Rs 8,000 cr investment on renewable energy in Gujarat Govt considering easing visas for Chinese experts Rupee rises 7 paise to close at 83.23 against US dollar KRBL turns focus to domestic markets as export growth slows Hiring activity to increase 8.3 per cent in 2024, shows studyMint
Aster DM looking for M&As in West, North India: CEO Govt launches tur dal purchase portal Aircraft induction in India increased by 51% in 2023; DGCA plans to induct more China's GDP likely to grow at 4.4% in 2024, predicts UBS economist Equity fundraising spiked 59% to ₹1.44 lakh crore in 2023: Report.