Thursday, 5 December 2024

5 December 2024 News

5th December 2K24

πŸ“ Nearly 3,000 drugs failed quality test in FY24; 282 were spurious
πŸ“ ONGC, NTPC Green JV set to buy Ayana Renewable for $750 million
πŸ“ Vidarbha Industries Power dragged to NCLT by CFM Asset over Rs 3,800 crore unpaid dues
πŸ“ iPhone sales in India cross $10 billion by value in 2024; Samsung 2nd best
πŸ“ World Bank approves $188.2 million loan to Maharashtra
πŸ“ SBI MF, Tata MF buy Ratnamani Metals Tubes shares worth Rs 262 crore
πŸ“ Aaradhya Disposal Industries plans IPO; aims at Rs 180 cr revenue by FY27
πŸ“ India's external debt rises by $31 bn to $647 bn in 2023: World Bank report
πŸ“ Public investments in infra surpass pre-Covid level: Finmin
πŸ“ Kotak Pre-IPO fund to buy into diagnostic chain Neuberg
πŸ“ Oyo parent, Oravel launch premium hotels in UK & Middle East
πŸ“ LTTS bags $50 million deal from US telecom operator
πŸ“ Semicon company NXP to invest Rs 8,400 crore for R&D in Karnataka
πŸ“ Solar energy startup Glow raises $30 million from Framework, Union Square
πŸ“ Customer feedback analytics platform Enterpret raises $20 million from Canaan Partners, others
πŸ“ Green energy startup Glow raises $30 million for solar power expansion in Rajasthan
πŸ“ Moody's upgrades Oyo's rating to B2, highlights improved profitability
πŸ“ Airtel awards 'multi-year, multi-billion' extension deal to Ericsson
πŸ“ Mother Dairy's ice cream business crosses Rs 500 crore-mark in FY24
πŸ“ Brickwork Ratings settles matter with mkt regulator Sebi for Rs 1.54 crore
πŸ“ Suzlon, Jindal Renewables expand partnership with new wind power project
πŸ“ Akash Systems wins $27 mn contract from NxtGen to provide cooling servers
πŸ“ UK's Vodafone Group to sell remaining 3% stake in India's Indus Towers
πŸ“ EPS subscribers with Rs 1,000 pension increases by 3% to 3.66 mn in FY24
πŸ“ Banking system liquidity surplus touches Rs 1 trn, shows RBI data
πŸ“ RBI enhances UPI Lite wallet limits, updates offline payments framework
πŸ“ Net growth in deposits higher than advances by Rs 5.68 trn between 2020-24
πŸ“ Sebi issues rules for uniform nomination standards in securities markets
πŸ“ MFs funding to NBFCs rise almost 47% to Rs 2.33 trillion in Oct 2024
πŸ“ Kotak AMC set to enter AIF space; to launch Rs 2,000 cr private credit fund
πŸ“ Homes worth Rs 5.1 trn be sold across top Indian cities in 2024: JLL
πŸ“ SBI seeks RBI relief on inoperative accounts
πŸ“ Waaree Energies to set up 11.4 GW solar capacity by FY27
πŸ“ Fresher hiring for AI skills in IT sector jumps to 20-25% from 5-10% in 3 years
πŸ“ MGL partners with Nawgati to boost CNG adoption
πŸ“ Automobile component sector to record slower revenue growth at 6-8% this fiscal and next, says CRISIL
πŸ“ SpaceX sends 24 Starlink satellites into orbit, boosting global internet reach
πŸ“ Beverage association raises alarm over potential tax hike on aerated drinks
πŸ“ CBI conducts searches in Delhi-NCR in connection with ₹117 crore cyber fraud
πŸ“ OpenAI expands in Europe with Zurich office
πŸ“ Greenzo Energy, EODev partner to market hydrogen fuel cell power generators in India and Nepal
πŸ“ Govt to launch portal to ease regulatory burden on traders, protect consumers
πŸ“ Citigroup Faces $26 Million in Losses on Australian Block Trade.

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