Finance News Headlines - 7th November 2023

nikhilchauhan

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Today's Headlines from:

Economic Times


πŸ“ Centre seeks house approval for extra net spending of Rs 58,378 cr

πŸ“ RIL turns to sugar mills to fuel green energy plans

πŸ“ India's economy to grow at 6.8 per cent in current fiscal: CII

πŸ“ US trade deficit widens in October on weak exports

πŸ“ Auto retail sales grow by 18% in Nov; 2-wheeler, passenger vehicles reach all-time high

πŸ“ Domestic electronics manufacturing up four-fold to Rs 8.22 lakh crore in FY23: MoS IT

πŸ“ Himadri Speciality to invest Rs 4,800 cr for setting up Lithium-ion Battery components factory

πŸ“ Rural-focused fintech Navadhan raises $5 million led by Prime Venture Partners

πŸ“ The Sleep Company raises Rs 184 crore from Premji Invest, Fireside Ventures

πŸ“ Ola Electric's net loss surges to Rs 1,472 crore in FY23 as expenses grow

Business Standard

πŸ“ Global PE firms cashout by offloading stakes in Indian cos amid market boom

πŸ“ Govt recognises 114,902 entities as startups as on Oct 31: Goyal tells LS

πŸ“ Zepto claims 2nd spot in monthly active customers, surpasses JioMart

πŸ“ Network18 group announces consolidation of TV, digital news businesses

πŸ“ DRL partners with Coya Therapeutics to develop nerve disorder therapy

πŸ“ Govt to sell 8% stake in IRCON International through offer-for-sale

πŸ“ MPL's revenue surges 63% to $104.6 mn in FY23; losses narrowed by over 70%

πŸ“ NYSE-listed Waters Corp invests $16 million in new GCC in Bengaluru

πŸ“ Aditya Birla Fashion forms JV to bring Christian Louboutin to India

πŸ“ CBIC issues 33,000 notices for GST return discrepancies in FY18, FY19

Financial Express

πŸ“ Adani Electricity to provide 60% green power to Mumbai by 2027

πŸ“ Data centres in India to cross 1,300 MW capacity by 2024 end; Mumbai, Delhi-NCR, Chennai to dominate 80% share

πŸ“ Razorpay POS records 60% growth in FY23 after acquiring Ezetap in 2022

πŸ“ Govt to mandate e-invoice for B2C transactions in 2-3 years

πŸ“ Unilever, Accenture announced collaboration on Next Generation AI

πŸ“ Hindustan Zinc board approves dividend of Rs 2,535.19 crore

πŸ“ MGNREGS gets extra Rs 14,524-crore, Rs 13,351-crore more for fertiliser subsidy

πŸ“ Rupee rises 5 paise to close at 83.32 against US dollar

Mint

πŸ“ Artek buys Kemira’s oil & gas business

πŸ“ Regulator debars audit firm's partners for lapses in DHFL review

πŸ“ Rural-fintech Startup Navadhan Raises USD 5M Led by Prime Venture Partners

πŸ“ ArcelorMittal Nippon Steel to spend β‚Ή100 cr on three scrap-processing centres

πŸ“ Paytm to reduce small-ticket loans after RBI tightens consumer lending norms

πŸ“ Uniqus acquires Goodera’s ESG software

πŸ“ Hero MotoCorp partners with Ather Energy for interoperable fast-charging network

πŸ“ India surpasses Japan, secures third spot in global auto sales: FADA.
 
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