Today's Headlines from:
Economic Times
DGCA amends duty period rules for pilots to cut fatigue
Vehicle registrations zoom 21% in December
SC seeks response from taxman on ₹1L cr notices to e-gaming cos
Jyoti CNC Automation raises Rs 448 crore from anchor investors ahead of IPO
Non-banking lender 360 One Prime to raise Rs 1,000 cr from debt sale
Adani Ports accepts bids worth Rs 5 billion for two bond issues
Agriculture exports likely to double to $100 bn by 2030: Commerce Secy
Govt considering 15-20% hike in capex in FY25 interim budget
Clothing brand Kidbea raises $1 mn funding in pre-series A round led by Venture Catalysts
Zerodha’s Rainmatter pumps in $3.5 million in fitness startup Fittr
Insurtech startup Riskcovry gets $4.5 million in bridge round
Business Standard
Mutual Fund assets go past Rs 50 trillion; SIP-tied AUM hits Rs 10 trn
DLF sells 1,113 luxury flats for Rs 7,200 cr within 3 days in Gurugram
LIC to acquire 10% stake in National Housing Board-promoted company
Honda expands capacity to 1.97 mn units in scooter-only plant in Gujarat
Bajaj Auto board approves Rs 4,000 cr share buyback at Rs 10,000 apiece
McAfee unveils project Mockingbird at CES 2024 to detect Deepfake audio
ACC gets full ownership of Asian Concretes for Rs 775 cr enterprise value
Cipla forges strategic partnership for global cell therapy advancements
Govt to invest Rs 60,000 cr in river cruise tourism, green vessels
Fuel consumption rises 6.2% to 20 mn tonnes in December, shows data
Fino Payments Bank applies for SFB license after board's agreement
Microsoft to train 100,000 Indian developers in AI technologies, tools
PNB hikes MCLR, Union Bank withdraws festive discount on vehicle loans
Financial Express
Ammonium nitrate producers hit by surge in imports from Russia
Govt targets 186.6 MT coal output from captive mines in FY25
GMDC gets green clearance to expand capacity of Surkha lignite mine in Gujarat
Adani Green to redeem $750-mn bonds 8 months ahead of maturity
Sony is planning to call off $10 billion merger with Zee
Securitisation volume up ~20% to ~Rs 1.4 lakh crore in the first nine months of this fiscal
Mustard output seen at record 13 MT
BSNL targets 20% market share by year end
Mint
Interim budget may see a ₹2.2 tn food subsidy bill
Tata 1mg, Vitonnix JV to launch products
Indian government bonds likely to be part of Bloomberg EM index from Sep 2024
JLR achieves highest wholesales in 11 quarters, reports 27% YoY growth in Q3FY24
First US lunar lander in fifty years blasts off on private mission
Konstelec Engineers plans ₹25 crore IPO; to list on NSE Emerge
Construction sector may see 10% YoY revenue growth, stable margins in Q3FY24.
Economic Times
DGCA amends duty period rules for pilots to cut fatigue Vehicle registrations zoom 21% in December SC seeks response from taxman on ₹1L cr notices to e-gaming cos Jyoti CNC Automation raises Rs 448 crore from anchor investors ahead of IPO Non-banking lender 360 One Prime to raise Rs 1,000 cr from debt sale Adani Ports accepts bids worth Rs 5 billion for two bond issues Agriculture exports likely to double to $100 bn by 2030: Commerce Secy Govt considering 15-20% hike in capex in FY25 interim budget Clothing brand Kidbea raises $1 mn funding in pre-series A round led by Venture Catalysts Zerodha’s Rainmatter pumps in $3.5 million in fitness startup Fittr Insurtech startup Riskcovry gets $4.5 million in bridge roundBusiness Standard
Mutual Fund assets go past Rs 50 trillion; SIP-tied AUM hits Rs 10 trn DLF sells 1,113 luxury flats for Rs 7,200 cr within 3 days in Gurugram LIC to acquire 10% stake in National Housing Board-promoted company Honda expands capacity to 1.97 mn units in scooter-only plant in Gujarat Bajaj Auto board approves Rs 4,000 cr share buyback at Rs 10,000 apiece McAfee unveils project Mockingbird at CES 2024 to detect Deepfake audio ACC gets full ownership of Asian Concretes for Rs 775 cr enterprise value Cipla forges strategic partnership for global cell therapy advancements Govt to invest Rs 60,000 cr in river cruise tourism, green vessels Fuel consumption rises 6.2% to 20 mn tonnes in December, shows data Fino Payments Bank applies for SFB license after board's agreement Microsoft to train 100,000 Indian developers in AI technologies, tools PNB hikes MCLR, Union Bank withdraws festive discount on vehicle loansFinancial Express
Ammonium nitrate producers hit by surge in imports from Russia Govt targets 186.6 MT coal output from captive mines in FY25 GMDC gets green clearance to expand capacity of Surkha lignite mine in Gujarat Adani Green to redeem $750-mn bonds 8 months ahead of maturity Sony is planning to call off $10 billion merger with Zee Securitisation volume up ~20% to ~Rs 1.4 lakh crore in the first nine months of this fiscal Mustard output seen at record 13 MT BSNL targets 20% market share by year endMint
Interim budget may see a ₹2.2 tn food subsidy bill Tata 1mg, Vitonnix JV to launch products Indian government bonds likely to be part of Bloomberg EM index from Sep 2024 JLR achieves highest wholesales in 11 quarters, reports 27% YoY growth in Q3FY24 First US lunar lander in fifty years blasts off on private mission Konstelec Engineers plans ₹25 crore IPO; to list on NSE Emerge Construction sector may see 10% YoY revenue growth, stable margins in Q3FY24.