Today's News HeadlinesEconomic Times
Banks turn to bulk deposits to meet credit demand on tepid retail FDs Reliance Capital lenders' counsel asks Hindujas to roll out IBC plan Promoter sells 5.2% stake in Aavas Financiers via open market for Rs 570 crore Big Basket aims to turn profitable in 8 months; eyeing IPO in 2025 Matrix Gas & Renewables raises Rs 350 cr in pre-IPO round States borrowing cost falls to 32-week low of 7.40 percent Services sector PMI eases in Feb to 60.6 from 61.8 in Jan Alok Ind raises Rs 7,000 cr from RIL, two banks for expansion & repayment of high cost debt Cybersecurity startup Axonius raises $200 million from returning investors GenAI startup Ema secures $25 million in funding led by Accel, Prosus Exly raises $6.2 million in latest funding round led by Chiratae Ventures HCL Group invests Rs 166 crore in edtech firm Education InitiativesBusiness Standard
Bloomberg to add Indian bonds to emerging market indices in January 2025 RBI bars JM Financial from financing against debentures and shares Paytm will overcome regulatory setbacks, says Vijay Shekhar Sharma Adani Power receives creditors' approval for Lanco Amarkantak Power buy On road to IPO, Udaan saw sales of over 2.25 billion products in 2023 Byju's investors file caveats in SC expecting challenge to NCLT's order GE Healthcare plans to launch 40 new products across the spectrum CIEL Group acquires strategic stake in Courseplay, plans IPO in FY25 More than 2,500 fraud connections being cut daily, say DoT officials Banking system liquidity goes into surplus mode after three months Govt notifies FDI norms for space; move may bring in $44 bn by 2033 MCA starts comprehensive review of auditing standards regulations BSE may buy out S&P Dow Jones Indices' entire 50% stake in joint ventureFinancial Express
TCS, Infosys face election uncertainty in UK, US: CLSA mPokket raises Rs 500 crore debt from BPEA Credit Wipro partners with General Motors, Magna to develop automotive software marketplace, SDVerse BHEL receives Rs 9500 crore order from NTPC for Singrauli Super Thermal Power Project expansion Securitisation of loans originated by small finance banks to cross Rs 10,000 cr in FY2024, says ICRA Tata Power Solar Systems, Union Bank renew partnership to offer financing solutions FCI may raise Rs 15,000-cr short-term loan this fiscal 30 banks join RBI UDGAM portal for unclaimed depositsMint
Sibanye Reports $2 Billion Loss After US Mine Impairment Gopal Snacks IPO: Rajkot-based company raises ₹194 crore from anchor investors Indians buy gold bonds worth a record ₹8,000 cr in February Sri Lanka's debt restructuring plan could be completed by June: Officials Greenko acquires GI Hydro's Sikkim project for enterprise value of ₹1,000 cr PM Modi unveils development projects worth ₹19,600 cr in Odisha's Chandikhole Swiggy partners IRCTC to provide food delivery service on Indian Railways Govt likely to consider tax cuts on flex-fuel vehicles.