Finance News Headlines - 8th November 2023

nikhilchauhan

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Today's Headlines from:

Economic Times


πŸ“ JSW Infra looks to bid for ports under govt's privatisation plan

πŸ“ Eris Lifesciences acquires Biocon Biologics' nephro, derma units for Rs 366 crore

πŸ“ Maharashtra government to acquire Air India building for Rs 1601 crore

πŸ“ ITDC reports turnover of Rs 246.6 crore in H1 2023-24, PAT at Rs 37.42 crore

πŸ“ Titagarh Rail plans to raise up to Rs 700 cr via QIP, seeks JV partner for shipbuilding vertical

πŸ“ Power Finance Corporation Q2 Results: Net profit jumps 27% YoY to Rs 6,628 crore

πŸ“ With Rs 7,000 cr cash reserve, Dabur India scouting for acquisitions

πŸ“ US invests $553 million in Adani’s Sri Lanka port to curtail China’s influence in South Asia

πŸ“ Quick commerce startup Zepto raises over $31 million in extended funding round

πŸ“ Personal-care brand WishCare raises Rs 20 crore funding from Unilever Ventures

πŸ“ AR solutions provider mirrAR secures Rs 13 crore from Diaspark, angels

Business Standard

πŸ“ Vedanta in talks to raise upto $2.5 bn to repay overseas bondholders

πŸ“ GitHub's India user base at 13.2 mn, projected to overtake US by 2027

πŸ“ Birla Corporation posts Rs 58.37 cr net profit in Q2 on ops ramp-up

πŸ“ Tata Power Q2FY24 PAT up 6.9% to Rs 876 crore on back of higher revenue

πŸ“ GMR Airports to raise upto Rs 50 bn through debentures to retire old debt

πŸ“ Infosys, AWS join hands to help financial clients accelerate cloud adoption

πŸ“ India proposes slashing EV import taxes to clinch UK free trade deal

πŸ“ Centre to revise SEZ Act, limiting tax sops and enhancing integration

πŸ“ Protean eGov IPO booked 24 times, retail portion subscribed nine times

πŸ“ Pak seeks $600 mn in loans from China banks to bridge financing gap: Report

Financial Express

πŸ“ Sector-specific tweaks seen to aid real estate insolvency resolution

πŸ“ Reliance Capital Q2 net loss at Rs 239 crore

πŸ“ HyFun Foods and Lulu Group International gets into partnership in frozen food industry

πŸ“ Welspun Corp posts Q2 profit at Rs 384.67 crore, revenue rises 103.6% on-year to Rs 1,993.81 crore

πŸ“ Raymond posts Q2 profit at Rs 159.78 crore, revenue up 3.9% despite delayed festive and wedding season

Mint

πŸ“ NCLT orders refund of IT dues to Cox & Kings

πŸ“ MFI sector posts 21% growth in loan kitty

πŸ“ Lupin Q2 results: Net profit jumps 277% to β‚Ή490 crore

πŸ“ MCX Q2 results: Net loss at β‚Ή19 crore, revenue rises 30%

πŸ“ India's oil demand up 4% in Oct, jet fuel demand hits 44-month high: S&P Global

πŸ“ Nazara Technologies Q2 net profit surges 53%, revenue up 13%

πŸ“ Pidilite Q2 results reports 35% rise in net profit to β‚Ή4.5 billion

πŸ“ Dilip Buildcon to raise up to β‚Ή2,000 cr via warrants, InvIT

πŸ“ MOIL Q2 results: Net profit rises over 2-fold at β‚Ή61.52 crore

πŸ“ Godrej Industries Q2 net profit drops 44% to β‚Ή87 crore, revenue falls 2.1% YoY

πŸ“ Rupee ends little changed at 83.27 against the US dollar.
 
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