Finance News Headlines - 8th June 2024

nikhilchauhan

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Today's Headlines from:-

Economic Times


πŸ“ DRI clarifies 10% import duty on component imports, huge relief to industry

πŸ“ ONGC seeks to engage global oil majors to boost output at Mumbai High field

πŸ“ Blackstone may sell up to 15% stake in IT major Mphasis for Rs 6,697 crore

πŸ“ Ixigo raises Rs 333 crore from anchor investors ahead of IPO

πŸ“ Insurers lap up GSec derivatives to manage liabilities

πŸ“ RBI to set up digital payments intel platform after cyber frauds spike over 700%

πŸ“ China's exports grow 7.6% in May, beating expectations despite trade tensions

πŸ“ Expect commercial vehicle volumes to witness 4-7 pc dip this fiscal: ICRA

πŸ“ Adani to invest over $1 bn in Sri Lankan wind projects

πŸ“ Mankind Pharma in race with PEs to buy BSV Group at possible valuation of Rs 13,000 crore

πŸ“ ByteDance plans $2.1 billion investment in Malaysia for AI, minister says

πŸ“ Hero MotoCorp invests Rs 124 crore into Ather Energy, valuation up 20% at Rs 5,636 core

πŸ“ Startup funding rises 23% on year to $326 million this week

Business Standard

πŸ“ RBI maintains status quo, raises FY25 GDP growth forecast to 7.2%

πŸ“ Ola Cell Tech zeroes in on suppliers for batteries, to invest Rs 2,249 cr

πŸ“ Bajaj Auto's affordable Chetak 2901 charges up electric scooter market

πŸ“ WisdomNext to push generative AI play for Tata Consultancy Services

πŸ“ Wardwizard bags $1.29 bn electric vehicle order from Philippines company

πŸ“ Dr Reddy's Laboratories eyes acquisitions to drive growth in India

πŸ“ South Korea's Mirae Asset mulls $150 mn capital infusion in Sharekhan

πŸ“ Per capita cereal consumption below 10 kg in rural areas in 2022-23: Survey

πŸ“ India's foreign exchange reserves hit new peak of $651.5 billion

πŸ“ Sebi proposes steps to open credit default swap market for mutual funds

πŸ“ Ultra-rich families fuel $20 billion surge in private equity buyouts

πŸ“ Saudi Arabia set to raise $11.2 bn from secondary offering of Aramco shares

Financial Express

πŸ“ After premium fans, Atomberg ventures into kitchen appliance space

πŸ“ CCI to overhaul its general regulations

πŸ“ Adani Ports receives LOI for O&M of container terminal at Kolkata port

πŸ“ Moody’s estimates up to $385 billion investment to meet renewable energy target

πŸ“ Banks’ IT systems must align with pace of business growth: Das

πŸ“ Global bids invited for satellite-based road toll collection system

Mint

πŸ“ Canada Unemployment Rises But Wages Spur Caution on July Cut

πŸ“ US oil and gas rig count falls to lowest since January 2022 - Baker Hughes

πŸ“ Govt mulls national eye bank registry for timely cornea transplants

πŸ“ IMD predicts heavy rainfall in Maharashtra as monsoon advances

πŸ“ Retail inflation for industrial workers falls to 3.87% in April

πŸ“ Vi gets fewer consumer complaints, aims to bolster customer retention

πŸ“ SMEs Get Boost as Holani Group Raises β‚Ή184 Crores for Dedicated Fund

πŸ“ Samsung workers in South Korea stage first-ever walkout.
 
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