Today's News HeadlinesEconomic Times
Govt to sell 7% in NLC India via offer-for-sale, aims to raise ₹2,058 cr Health Ministry to consult states on fixing hospital treatment costs Nine states get nod for strategic investment plan for MSME units Krystal Integrated Services to launch IPO on Mar 14 P-note investment slightly drop to Rs 1.43 lakh cr in Jan on high valuations RBI Guv Shaktikanta Das sees India growing close to 8% in FY24 Adani Enterprises arm acquires France-based Le Marche Duty Free Social media startup Hunch raises $23 million from Alpha Wave, others Rural commerce startup Rozana raises $22.5 million in funding from Bertelsmann, others Identity verification startup Idfy raises $27 million in primary, secondary fundingBusiness Standard
Accenture invests $1 bn in learning platform, to buy edtech firm Udacity Aluminium makers race to cut costs through green power, captive mining Fairfax India agrees to give IIFL Finance up to $200 mn liquidity support IOC to become first Indian firm to manufacture fuel for Formula 1 cars NCLAT green lights sale of Jet planes to Ace Aviation, JKC approaches SC FDI inflows shrink by 21% to $41.31 billion in 2023, shows DPIIT data PSUs score lowest in compliance, corporate governance: IiAS report 8 NBFCs to raise $2 bn through ECB after positive outlook for Indian firms Popular Vehicles sets price band at Rs 280-295 for its Rs 602 crore IPO Domestic air passenger traffic expected to surpass pre-Covid levels: ICRA Healthcare innovation to double at $60 bn opportunity by FY28 in IndiaFinancial Express
Domestic IT firms strike alliances with clients for selling third party products Moody’s affirms Tata Motors’ Ba3 corporate family rating Antfin Singapore sells 2 per cent stake in Zomato for Rs 2,827 crore Exide Industries further invests nearly Rs 40 crore in advanced chemistry battery cells making arm Cut and Polished Diamond exports to hit 5-year low in FY24, to report dip of 25-30%, says CareEdge Ratings Godrej Properties acquires many plots with Rs 20,000 crore revenue potential this fiscal UK cuts taxes, abolishes non-domicile tax status in Spring BudgetMint
Oil prices rise 2% after US Fed signals rate cuts in 2024; Brent nears $84/bbl Mahindra promoter group entity initiates sale of 0.8% stake for $215 mn PM Modi unveils projects worth ₹12,800 crore in Bihar's Champaran National Housing Bank to float bonds worth ₹2,000 crore on March 7: Report Gopal Snacks IPO subscribed 56% on day 1, retail portion booked 89% Reliance Cap lenders' advisors ask Hindujas to submit resolution plan by Mar-end.