Monday, 17 February 2025

17 February 2025 News

17th February 2K25

Business Standard
 
πŸ“ Godrej Propertiesbought 12 land parcels in Apr-Dec 2024: Pirojsha
πŸ“ Private equity funds turn to platform models for scalable growth in India
πŸ“ Indian startup unicornsgrow far beyond IIT, IIM, and ISBs: Study
πŸ“ RBI curbs on New India
Co-op Bank: Deposit insurance offers silver lining
πŸ“ Proposed India-US BTA:US may ask for more access to agri products, ethanol
πŸ“ RIL to appeal against Delhi HC order on gas dispute in Supreme Court
πŸ“ PMI Electro Mobility secures Rs 250 crore funding for strategic EV growth
πŸ“ Samsung India plant standoff set to intensify amid worker protests
πŸ“ PSU NBFCs reissue bonds in Feb as fundraising limit reached for FY25
πŸ“ Private hospitals to expand bed capacity, focus on oncology in FY26

Economic Times
 
πŸ“ India's wearable devicemarket declined in 2024 for the first time, shows IDC data
πŸ“ HFCL eyes growth from overseas sales, sets Rs 10,000-cr revenue target
πŸ“ Assam govt to set upmega industrial park in Morigaon
πŸ“ AI startup Ikonz Studios secures funding led by industry veteran Marc Jordan
πŸ“ Reliance, BP losedecade-old gas migration dispute
πŸ“ India-US TRUST to drive economic cooperation, IMEC framework to boost infra collaboration: Experts
πŸ“ Tencent's messaging app Weixin launches beta testing with DeepSeek
πŸ“ Hero MotoCorp eyes double-digit revenue growth next fiscal: CFO
πŸ“ Standard Chartered gets RBI nod to appoint PD Singh as India CEO
πŸ“ Pick up in private capex to improve loan growth from H2FY26: Report
 
Mint
 
πŸ“ AeronauticalDevelopment Agency, Mishra Dhatu sign MoU for high-strength steel
πŸ“ India better placed than Asian peers for Japanese FDI: Deloitte Japan CEO Kimura
πŸ“ NHPC to list green energy arm by FY27, eyes 20 GW pumpedstorage capacity
πŸ“ Madhya Pradesh's new logistics policy will improve supply efficiency, attract investors: Yadav
πŸ“ Trump administrationcuts reach FDA employees in food safety, medical devices and tobacco products
πŸ“ Auto and chemical sectors lead in quality certifications: CII study
πŸ“ Syama Prasad Mookerjee Port plans to lease land for eco-wellness hub.

πŸ“² Download my Android app "Updates by CARJ" πŸ“š to stay connected with latest news and updates πŸ“https://carohitjaiswal.blogspot.com/p/update-android-app.html?m=0
Thanks for reading

Tuesday, 11 February 2025

11 February 2025 News

11th February 2K25

Business Standard

πŸ“ US tariffs will not impact Indian steel industry much: Steel Secy
πŸ“ Rolls-Royce to double sourcing from India over the next five years
πŸ“ Smartworld Developers awards Rs 532 cr contract to Varindera Constructions
πŸ“ Govt bond yields edge higher as investors grapple with policy setback
πŸ“ Venturi Partners invests $25 million in affordable footwear brand JQR
πŸ“ IHCL to invest Rs 2,500 crore to develop new 330-room property in Mumbai
πŸ“ Anil Ambani's R-Infra settles dispute with CPL for Rs 6,503 crore
πŸ“ Boeing signals more orders needed before setting up assembly line in India
πŸ“ GAIL revives plan to buy US LNG as Trump ends ban on export permits
πŸ“ Action against banks, NBFCs if they violate gold auction norms: Sitharaman
πŸ“ LNG buyers including IOC negotiate US deals ahead of PM Modi-Trump summit
πŸ“ Juniper Green Energy secures $1 billion fund in phased debt financing

Economic Times

πŸ“ Due diligence of qualified bidders for IDBI Bank underway: MoS Finance
πŸ“ PNC Infratech eligible to bid for new projects as MoRTH lifts restrictions
πŸ“ Nokia names Intel's AI head to replace CEO
πŸ“ Kalpataru inks 7.5-acre Mumbai redevelopment deals with Rs 2,000 cr revenue
πŸ“ Peak XV Partners trims 1% stake in SaaS firm Freshworks for $51.5 million
πŸ“ Baldota Group to set up Rs 54,000 crore integrated steel plant in Karnataka
πŸ“ Tata Boeing Aerospace delivers 300 AH-64 Apache fuselages manufactured in Hyderabad facility
πŸ“ Reliance enters sports drinks market with 'Spinner' priced at Rs 10
πŸ“ Biovet gets CDSCO nod for lumpy skin disease vaccine
πŸ“ Bhanushali Studios appoints Neeraj Vyas as CEO to drive expansion
πŸ“ Sanofi launches Rezurock against chronic Graft-versus-host disease in India
πŸ“ Glenmark, Cosmo get MHRA nod for acne treatment medication

Mint

πŸ“ India's branded hotel rooms inventory to cross 300,000 by 2029: Report
πŸ“ Delhivery expects rapid commerce business to generate ₹80-100 crore
πŸ“ Larsen & Toubro bags Oman railway facility contract
πŸ“ NCLT asks BCCI to seek creditors' nod for ₹158 crore Byju’s settlement
πŸ“ Mistral and Helsing join forces to advance AI in military technology
πŸ“ USD 100 bn FDI commitment under trade pact with EFTA can catalyse USD 400-500 bn investment: Goyal
πŸ“ People’s drugs booster: Jan Aushadhi to add 10,000 stores by FY27
πŸ“ Four listed REITs Q3 distribution to unitholders rises 17 pc to ₹1,505 cr
πŸ“ GST evasion of ₹1.88 lakh cr detected by CGST officers during April-Dec 2024
πŸ“ Varun Beverages Dec qtr profit up 36% to ₹196 crore
πŸ“ Berger Paints to focus on sustainable growth, open to acquisitions: Chairman
πŸ“ GenAI to boost India's IT industry's productivity by up to 45%, EY India survey shows

πŸ“² Download my Android app "Updates by CARJ" πŸ“š to stay connected with latest news and updates πŸ“https://carohitjaiswal.blogspot.com/p/update-android-app.html?m=0
Thanks for reading

Monday, 10 February 2025

10 February 2025 News

10th February 2K25

πŸ“ LIC shares in focus after Q3 PAT jumps 15% YoY to Rs 11,009 crore
πŸ“ Banks still facing deposit issues; only buying power financiers in BFSI
πŸ“ L&T Finance shares in focus on entry in gold loan business with Rs 537 crore acquisition
πŸ“ Bajaj Auto shares in focus as company plans e-rickshaw entry by fiscal year-end
πŸ“ Trade between India, France has increased slightly to $20 billion, primarily focused on defence and aerospace
πŸ“ France to invest 109 billion euros in AI
πŸ“ Dollar gains on Trump tariff threats, euro near 2-year low
πŸ“ PM Modi to meet Trump with planned tariff concessions
πŸ“ Japanese investors plan to double stake in AG&P Pratham
πŸ“ Banks breathe easy as RBI goes soft on provisioning, LCR rules
πŸ“ Electronics companies tap global talent to power up India's component show
πŸ“ India offers tax relief for foreign tech experts to boost electronics sector growth
πŸ“ Tax cuts to boost consumption, recovery in urban markets
πŸ“ Zaggle Q3 profit jumps 30% to Rs 19.7 crore; Revenue rises
πŸ“ Monetary easing helps, yet mkts take their cue from earnings
πŸ“ RBI opens NDS-OM platform for stock brokers to boost retail participation
πŸ“ Aadhar Housing shares gain 5% on posting healthy Q3 results; PAT up 17%
πŸ“ Godrej Industries Q1 results: Profit up 81% at Rs 322 cr on higher income
πŸ“ Nykaa Q1FY25 results: Net profit jumps to Rs 14 crore, revenue up 23%
πŸ“ OYO Q3 results: PAT rises nearly 6 times to Rs 166 cr, revenue up 31%
πŸ“ UK-based Bupa likely to increase stake in Niva Bupa Health Insurance
πŸ“ Electric vehicles may be about 20% of Honda's wo-wheeler sales by 2030
πŸ“ Tata Sons' CSR money may go to Ratan Tata endowment trust, foundation
πŸ“ Razorpay marks 10 years, targets about $400 billion in TPV by 2030
πŸ“ Wabag bags Rs 3,251 crore sewage treatment plant order in Saudi Arabia
πŸ“ Finance ministry no to public sector banks taking haircut on MTNL loans
πŸ“ Tariff risks to weigh on Indian rupee, bonds to track US inflation data
πŸ“ Govt urges retailers to align prices of pulses with falling mandi rates
πŸ“ Projects worth Rs 58,000 crore get support of agri-infra fund
πŸ“ Govt, RBI will work together for growth: Finance Minister
πŸ“ Rs 1000 crore credit guarantee scheme for farmers to be rolled out in a month
πŸ“ Over 97% Religare shareholders reject Saluja’s reappointment
πŸ“ CPSE dividend receipts reach 91% of FY25 target
πŸ“ M-cap of six top-10 valued firms jumps Rs 1.18 lakh crore; Reliance remains top valued
πŸ“ FPIs’ incessant selling continues; withdraw Rs 7,300 crore from equities in a week
πŸ“ FBI warns US smartphone users to delete suspicious texts amid toll scam alerts
πŸ“ Hiranandani’s Yotta Data Services files application with SEC to list in US.

πŸ“² Download my Android app "Updates by CARJ" πŸ“š to stay connected with latest news and updates πŸ“https://carohitjaiswal.blogspot.com/p/update-android-app.html?m=0
Thanks for reading

Friday, 7 February 2025

7 February 2025 News

7th February 2K25

Business Standard

πŸ“ Monthly natural gas trades shoot up nearly 4x in January, says IGX
πŸ“ ArcelorMittal Dec qtr results: Loss trims to $390 mn, production at 14 MT
πŸ“ REC Q3 results: PAT grows 23% to Rs 4,076 cr, income at Rs 14,286.91 cr
πŸ“ India ranks third globally for LEED green building certification in 2024
πŸ“ Lotte Wellfood to invest $300 mn in India for capacity, supply chain growth
πŸ“ India's push for self-reliance in palm oil gets a boost with NMEO-OP
πŸ“ HCLTech partners with ChargePoint to drive EV charging technology
πŸ“ Prism Johnson Dec qtr results: Net profit at Rs 48.12 cr, sales up 6%
πŸ“ IHH Healthcare's unit seeks up to $1.25 bn from Daiichi over Fortis deal
πŸ“ IndiGo to lease Boeing 787-9 from Norse Atlantic for long-haul expansion
πŸ“ Tata Power, Bank of Baroda ink pact for financing rooftop solar projects
πŸ“ Interarch bets big on South India; eyes 10% rise in revenue in FY26

Economic Times

πŸ“ Trent bets on 'direct-to-customer' fast-fashion business model despite quick comm's meteoric rise
πŸ“ India, UK join hands to shape green hydrogen standards
πŸ“ Honeywell, one of the few remaining US industrial conglomerates, will split into three companies
πŸ“ Trent to sell stake in Massimo Dutti India venture
πŸ“ Swiggy management confident of EBITDA profitability by Q3 FY26
πŸ“ BluePine Energy, Amazon sign PPA for 99 MW renewable energy project
πŸ“ Steel sector leads with half of Jharkhand's Rs 26,000 cr investment proposals during Bengal biz meet
πŸ“ Private sector banks set to generate Alpha in 2025: Radhika Gupta
πŸ“ Vehicle registrations rise 6.6% in Jan, indicating sustained recovery in consumer demand: FADA
πŸ“ China commerce ministry says US tariffs 'vile', 'unilateralist'
πŸ“ More accommodative stance for NBFCs, banks needed in RBI monetary policy: HSBC

Mint

πŸ“ SBI Q3 Results: Net profit jumps 84% YoY to ₹16,891 crore; NII up 4%
πŸ“ Bharat Dynamic Q3 net profit rises 9% to ₹147 crore; declares dividend of ₹4
πŸ“ Volvo Cars will not pay Northvolt for battery joint venture stake, it says
πŸ“ EPFO settles record 5-cr claims worth over ₹2 lakh cr in FY25
πŸ“ Rural growth surges in FMCG sector in Dec qtr, outpaces urban market for fourth consecutive quarter
πŸ“ High court allows Kirloskar Proprietary to become plaintiff in trademark case
πŸ“ PVR INOX Q3 net profit jumps nearly 3-fold to ₹35.9 cr, revenue up 11 pc at ₹1,717.3 cr
πŸ“ Part shifting of customs duty to AIDC to have marginal impact on state transfers: CBIC Chairman
πŸ“ India can be a global hub for wind turbines: Suzlon’s Girish Tanti
πŸ“ Redington Ltd clocks Q3 profit after tax at ₹402.96 cr
πŸ“ Mauritius-based FII trims India Cements shareholding

πŸ“² Download my Android app "Updates by CARJ" πŸ“š to stay connected with latest news and updates πŸ“https://carohitjaiswal.blogspot.com/p/update-android-app.html?m=0
Thanks for reading

Saturday, 1 February 2025

1 February 2025 News

1st February 2K25

πŸ“ Aadhaar authentication extended to private entities
πŸ“ ONGC Q3 net profit falls 19% YoY to Rs 8,622 cr; Rs 5 per share dividend announced
πŸ“ Karnataka Bank Q3 results: Profit falls 14% to Rs 284 crore
πŸ“ RBI does dollar/rupee swap for $5 billion, injects liquidity
πŸ“ Rupee dips to record low, lags regional peers in Jan as headwinds persist
πŸ“ India's forex reserves up by $5.5 billion at $629.55 billion as of January 24, 2025
πŸ“ Sebi mulls combo product of term life insurance and MFs for investors
πŸ“ Startups raise $1.13 billion in January, up 90% on-year
πŸ“ Good Glamm Group looks to raise Rs 250 crore amid financial challenges
πŸ“ Vedanta Q3 FY25 results: Net profit rises 76.2% to Rs 3,547 crore
πŸ“ Sun Pharma Q3FY25 results: Net profit soars 15%, revenue up 10.5%
πŸ“ PNB Q3FY25 results: Net profit rises 102% to Rs 4,508 cr, NII up 7.2%
πŸ“ India's January Russian crude oil purchases surge despite sanctions
πŸ“ Fiscal deficit for April-Dec at 56.7% of full-year target, shows data
πŸ“ Insurance sector gets over 62% of $5.7 bn services sector FDI inflows in H1
πŸ“ Sebi proposes UPI safeguards to prevent fraud in market transactions
πŸ“ IMD forecasts warm Feb; above-normal temperatures may hit wheat crop
πŸ“ Key infra sectors' growth slows to 4% in Dec 2024, shows govt data
πŸ“ Mumbai sees highest Jan property registrations in 13 years: Knight Frank
πŸ“ Intel's quarterly revenue tops estimates as investors await new CEO
πŸ“ Marico profit up 4.2% amid rising input costs
πŸ“ GHCL reports slight drop in revenue, 69% rise in consolidated net profits for Q3 FY25
πŸ“ NestlΓ© India’s Q3 profit up 4.94% at Rs 688.01 cr, revenue rises marginally on moderate consumption; dividend declared
πŸ“ India, US in talks to schedule an early visit for PM Modi to the United States: MEA
πŸ“ Sugar output may drop 15 pc to 27-27.2 MT this season: ISMA, NFCSFL
πŸ“ Biocon Biologics sees insulin demand growing across markets, says CEO Tambe
πŸ“ Zydus Takeda Healthcare marks 25 years of manufacturing operations in India
πŸ“ China’s property sector retreats into state hands
πŸ“ India bond yields a tad up before budget, 10-year yield posts monthly decline
πŸ“ Inox Wind Energy Q3 Results: Co posts ₹38.80 crore profit vs YoY loss
πŸ“ Bandhan Bank Q3 Results: Net profit tanks 42% YoY to ₹426 crore; NII up 17%.

πŸ“² Download my Android app "Updates by CARJ" πŸ“š to stay connected with latest news and updates πŸ“https://carohitjaiswal.blogspot.com/p/update-android-app.html?m=0
Thanks for reading

Friday, 31 January 2025

31 January 2025 News

31st January 2K25

πŸ“ Mukesh Ambani’s RIL acquires 49% stake in 31st January 2K25
πŸ“ RBI purchases bonds via OMO, while managing market sentiments
πŸ“ Sebi issues guidelines for performance evaluation of market infra institutions, statutory committees
πŸ“ Bank of Baroda Q3 Results: Profit rises 6% to Rs 4,837 crore
πŸ“ Jindal Steel Q3 Results: Profit halves to Rs 951 crore on weak steel prices
πŸ“ Nokia India Dec quarter sales up 22% at Rs 4,177 crore
πŸ“ Airtel Africa Q3 net jumps over 11-fold on-yr to $169 mn on $94-mn exceptional gain, lower finance costs
πŸ“ SaaS startup SuperOps raises $25 million from March Capital, Addition, Z47
πŸ“ Spiritual and devotion platform Utsav raises Rs 6.35 crore in round led by Equanimity Investments
πŸ“ Drone startup BonV Aero secures funding from Unicorn India Ventures

*Business Standard*

πŸ“ Bajaj Finserv Q3FY25 results: Net profit rises 3% to Rs 2,231 crore
πŸ“ Gail Q3 results: Consolidated net profit up 27.7% to Rs 4,081 crore
πŸ“ Zepto introduces instant returns, exchange feature for select products
πŸ“ In a bid to revamp ITIs, skill ministry de-affiliates 449,000 seats
πŸ“ UP receives Rs 1 trn investment proposals in hospitality sector in 2 years
πŸ“ Chhattisgarh to grab bigger piece of NMDC's Rs 70,000 cr capex pie
πŸ“ ARCs to see uptick in cumulative recovery rates in FY25 and 26: Crisil
πŸ“ Nifty set to record fourth monthly fall in a row, first in 23 years
πŸ“ Samara-backed medical devices firm SMT, More Retail prepare for IPOs
πŸ“ Sebi sets rules to differentiate educators from financial influencers
πŸ“ Indian food services market projected to hit $144-152 bn by 2030: Report
πŸ“ IBM beats profit estimates as AI shift boosts software performance

*Financial Express*

πŸ“ Irdai caps annual health premium hikes for senior citizens at 10%
πŸ“ Agriculture ministry urges states to get more GI tagged unique products
πŸ“ Highway construction down 5.8% in April-December
πŸ“ Urban monthly per capita expenditure highest in Telangana, Kerala tops in rural segment
πŸ“ Tata Motors EV unit registers maiden profit

*Mint*

πŸ“ India to build its own foundational AI model, calls for proposals
πŸ“ ECB slashes rates for fifth time, signals more loosening in pipeline
πŸ“ RITES eyes high value export orders in Bangladesh, Mozambique, South Africa
πŸ“ India’s power generation grows 5.4% in FY25 on higher demand
πŸ“ Govt to fund private research on early fraud warning, use of IPO funds
πŸ“ Tata Consumer Products Q3 Results: Net profit drops 5% YoY to ₹300 crore
πŸ“ Waaree Energies Q3 Results: Net profit surges 260% YoY to ₹507 crore.
.
========>
.
πŸ“ UPI dominates digital payments, sees explosive growth over five years
πŸ“ RBI dissolves Aviom Housing board, to initiate IBC process
πŸ“ Sammaan Capital raises $150 million through QIP; Capital Group, Marshall Wace and BlackRock top investors
πŸ“ 360 One Wealth acquires Batlivala & Karani Securities for Rs 1884 crores
πŸ“ Federal Bank Q3 Results: Net profit declines 5% to Rs 955 crore despite record PPoP
πŸ“ Indian Oil's Q3 profit down 64% on inventory, LPG losses
πŸ“ 147 startups incubated by IIT Delhi in 2018-24; life sciences, emerging tech among others take lead
πŸ“ Logistics startup Shadowfax acquires CriticaLog
πŸ“ UltraTech in advanced talks to acquire HeidelbergCement in Rs 3,381 cr deal
πŸ“ The Body Shop eyes Rs 1,100 crore revenue in India within 3-5 years
πŸ“ JSW group forays into copper mining with Rs 2,600 crore investment
πŸ“ Bank of India targets 35% share in MCLR-linked credit in next 2-3 years
πŸ“ Coal India Q3 results: Profit drops 17% to Rs 8,506 cr, dividend declared
πŸ“ Canara Bank Q3 results: Profit rises 12.25% to Rs 4,104 cr, NII down 3%
πŸ“ Astrome Tech raises $10 mn to accelerate wireless connectivity innovation
πŸ“ Nagpur startup ErlySign develops 15-minute saliva test for oral cancer
πŸ“ RBI's Rs 1.5 trillion liquidity booster raises Feb rate cut hopes
πŸ“ Govt invites applications for Sebi chief post as Buch's term ends on Feb 28
πŸ“ CIBIL flags risks of stress spreading from unsecured to secured loans
πŸ“ India's port cargo rises 3.2% in December on higher container volumes
πŸ“ Projects worth Rs 10 lakh crore unveiled at UP investor summit on track: Minister
πŸ“ Swiggy, Zomato operationalise new payments methods on their apps
πŸ“ Emami’s Q3FY25 results: Domestic business soars 9%, PAT up 8%
πŸ“ Adani Wilmar posts 2X profit growth in Q3 at Rs 410.93 crore on demand for edible oil
πŸ“ ACC Q3 Results: Profit surges by 103.06% to Rs 1,091.79 crore, posts volume growth of 21% YoY
πŸ“ Petronet's Q3 net profit down 27% y-o-y to ₹866.59 cr
πŸ“ 3.8 magnitude earthquake hits York Harbor, tremors felt in Boston and Portland
πŸ“ Tata Steel Q3 results: Net profit tanks 43% to ₹295 crore, revenue drops 2.7%
πŸ“ India to ditch privatisation plans, pour billions in state-run firms: Reuters
πŸ“ Bajaj Housing Finance Q3 results: Net profit jumps 25% to ₹548 crore
πŸ“ Pakistan's central bank cuts benchmark interest rate for sixth straight meeting
πŸ“ TCI Q3 profit rises 27 pc to ₹102 crore on strong 3PL demand.
πŸ“ Govt to invest nearly $2 billion to develop critical minerals sector
πŸ“ Luxury residential outlook survey 2025: 62% HNIs to buy property in 2 yrs
πŸ“ Indian Oil faces decline in Russian oil imports in this fiscal year
πŸ“ Square Yards Apr-Dec revenue up 46% to Rs 938 cr on better housing demand
πŸ“ Bank of India targets 35% share in MCLR-linked credit in next 2-3 years
πŸ“ Hyundai Q3 results: PAT falls 19% to Rs 1,161 cr, revenue at Rs 16,648 cr
πŸ“ Exploring opportunities in branded residences: ITC Hotels MD Anil Chadha
πŸ“ TVS Motor Q3 result: Net profit up 20% at Rs 609.35 cr on higher sales
πŸ“ SpiceJet to re-induct grounded Boeing 737 Max aircraft fleet into ops
πŸ“ Russia oil trade with China, India stalls as sanctions drive up costs
πŸ“ Nakul Jain steps down as the Paytm Payments Services CEO
πŸ“ PURE EV partners with BE Energy to launch battery reconditioning technology in India
πŸ“ Hatsun Agro Product acquires Milk Mantra to expand presence in eastern India
πŸ“ IndianOil chairman confident US sanctions on Russian oil will not impact India's energy security
πŸ“ Microsoft's cloud growth in focus as doubts grow over AI spending
πŸ“ Volkswagen India faced customs clearance delays over alleged tax evasion case, sources say
πŸ“ Zepto completes domicile shift from Singapore to India
πŸ“ MedMitra AI raises Rs 3 crore led by All In Capital, WEH Ventures
πŸ“ Hindustan Zinc Q3 Results: PAT zooms 32% YoY to Rs 2,678 crore
πŸ“ BoFA to appoint Mandar Donde as India Investment-Banking head
πŸ“ Tata Projects to finish construction of Micron's semiconductor plant by year-end
πŸ“ Alstom to supply traction components for ICF’s Vande Sleeper trains
πŸ“ 36% of Indian enterprises started budgeting for Gen AI: E&Y report
πŸ“ Retail investors bought record $562 mn worth of Nvidia shares amid rout
πŸ“ India's Cipla beats Q3 profit view as strong domestic demand offset weak US sales
πŸ“ Union Budget: Infra sector calls for raised capex, sops for green projects, tax reforms
πŸ“ Skoda looks to turn profitable in India this year: Official
πŸ“ LVMH Sells Stella McCartney Stake Back to Founder After Downturn
πŸ“ JSW Infra Q3 results: Net profit climbs 32% to ₹336 crore, EBITDA grows 20%
πŸ“ Arkade Developers buys 4 acre land in Mumbai for ₹165cr; site currently leased to Filmistan
πŸ“ Supply of homes priced below ₹1 cr falls 30 pc in 2024: PropEquity
πŸ“ Google to fight $4.33 billion EU antitrust fine over Android
πŸ“ Spiritual tourism on the rise in India, says Ritesh Agarwal, outlines Oyo's plan.
πŸ“ LTTS signs $80 million multi-year deal with US-based manufacturer
πŸ“ De Beers plans to open 15 Forevermark brand retail stores in India in 2025
πŸ“ IFCI board Okays Rs 500 cr fund infusion via preferential issue of shares
πŸ“ Ola set to unveil electric scooter based on Gen 3 platform on Jan 31
πŸ“ Cabinet approves hike in ethanol procurement prices for state-run OMCs
πŸ“ Edtech startup Leap raises $65 mn in Series E round led by Apis Partners
πŸ“ MAS Financial Services Q3 results: Net profit jumps 25% to Rs 80.40 cr
πŸ“ India's coffee exports likely to decline over 10% on lower production
πŸ“ India needs fiscal policy changes for 6.4% GDP growth rate in 2025: Moody's
πŸ“ Adani, JSW, investors eye Arshiya Ltd's assets amid insolvency process
πŸ“ Maruti Suzuki approves reappointment of Hisashi Takeuchi as MD & CEO
πŸ“ India's semiconductor market to grow at 13%, reach $103 bn by 2030: IESA
πŸ“ Govt to formulate new MHADA policy to provide affordable housing: Dy CM Eknath Shinde
πŸ“ Indian banks facing margin pressure amid high interest rate and declining loan growth: S&P Global
πŸ“ Cabinet approves Rs 16,300 crore critical mineral mission
πŸ“ Akasa Air well-capitalised, set to expand with new destinations: CEO
πŸ“ Radisson Hotel Group says it added 300 new properties in 2024
πŸ“ Triveni Turbine bags Rs 2.9 billion order from NTPC
πŸ“ Indian Bank Q3 net profit surges 35 pc to Rs 2,852 cr
πŸ“ Tata Steel becomes India's first to develop hydrogen transport pipes
πŸ“ Accel, Prosus, Bessemer directors quit Good Glamm board amid cash crunch
πŸ“ Messe Stuttgart India partners with Startup India for LogiMAT India 2025
πŸ“ European coffee brand Coffee Island gets launched in India
πŸ“ Govt revises quality control order to promote high-quality PV product
πŸ“ ITC Hotels debuts on bourses; plans to expand portfolio to over 200 properties in 5 years
πŸ“ Share of prepaid payment instruments falls 24% in past 2 years, shows RBI data
πŸ“ JLR Owner Misses Profit Estimate Hurt by India Consumer Slowdown
πŸ“ Brazil Central Bank Will Extend Interest Rate Hikes with Galipolo Fully in Charge
πŸ“ Intel's CEO search in focus as chipmaker set to post lower revenue
πŸ“ Maruti Suzuki Q3 result: Consolidated profit jumps 16% YoY
πŸ“ Radico Khaitan Q3 Results: Net profit rises 27%, margins expand
πŸ“ NCLT reinstates Glas Trust, Aditya Birla Finance as Byju's financial creditors
πŸ“ India's TeamLease Services misses Q3 profit view as costs bite
πŸ“ Logistics and sustainability hurdles challenge MSMEs in India’s apparel industry
πŸ“ Mindspace REIT buys Hyderabad office space for ₹2,038 cr

πŸ“² Download my Android app "Updates by CARJ" πŸ“š to stay connected with latest news and updates πŸ“https://carohitjaiswal.blogspot.com/p/update-android-app.html?m=0
Thanks for reading

Monday, 27 January 2025

27 January 2025 News

27th January 2025

πŸ“ India, Indonesia strengthen defence ties; BrahMos deal tops Modi-Subianto meeting  
πŸ“ Apple eyes a new Bharat bond to get Kalyani Group on board for making its components  
πŸ“ More sops for scrapping vehicles with BS-II: Govt  
πŸ“ Loan disputes, mobile banking complaints up in FY24  
πŸ“ Sebi launches digital knowledge repository Dharohar on Republic Day  
πŸ“ Shreeji Shipping Global files draft papers with Sebi to raise funds via IPO  
πŸ“ Plan afoot to allow farmers sell produce to consumers directly  
πŸ“ Robust demand drives auto exports up 19%

πŸ“ Tata Motors, Indian Oil Corp to drive first hydrogen truck pilot project  
πŸ“ Piyush Goyal to visit Oman to push forward India-Oman FTA discussion  
πŸ“ Parl panel reviews CCI's role amid Big Tech challenge to startups  
πŸ“ Tractor sales fall 1.5% to 901,668 units in 2024; outlook bright for 2025  
πŸ“ Global majors to power Tamil Nadu's Rs 42K crore green hydrogen hub  
πŸ“ MSME industry bodies seek RBI support for easier priority sector lending  
πŸ“ Google pushes agenda to educate workers on AI, plans $120 mn investment  
πŸ“ China boosts index investments in latest measure to revive market  
πŸ“ PLI scheme in the works to boost localisation of key telecom gear  
πŸ“ Reserve Bank of India ombudsman resolves 95% of complaints in FY24

πŸ“ India’s natural gas import bill up 20% in Apr-Dec  
πŸ“ Power producers may face Rs 1,000-cr loss after CERC bars payment till plants begin operation  
πŸ“ Conducive weather boosts prospects of robust wheat harvest  
πŸ“ FPIs incessant selling continues; withdraw Rs 64,000 crore from equities in January  
πŸ“ Equity mutual funds inflows soar to near Rs 4 lakh crore in 2024; outlook cautious for 2025 amid volatility  
πŸ“ ITC Hotels files application with NSE, BSE for listing

πŸ“ Everstone-backed Wingify looks to expand offerings, eyes $100 mn annual revenue  
πŸ“ Asha workers identify 1 million children for MMR vaccination  
πŸ“ India trips China for top position in emerging markets ranking in December  
πŸ“ Oracle and Microsoft in talks to take over TikTok under Trump administration plan  

πŸ“² Download my Android app "Updates by CARJ" πŸ“š to stay connected with latest news and updates πŸ“https://carohitjaiswal.blogspot.com/p/update-android-app.html?m=0
Thanks for reading

Wednesday, 22 January 2025

22 January 2025 News

22nd January 2K25

πŸ“ Banks' debt up by Rs 88k cr in last two weeks of 2024
πŸ“ Essar Oil and Gas plans $275 mn overseas bond sale post-restructuring
πŸ“ ICICI Prudential Q3 results: Cons PAT jumps 43% YoY to Rs 325 crore
πŸ“ PNB Housing Finance Q3 Results: Net profit jumps 43% YoY to Rs 483 crore on strong home loan demand
πŸ“ Lumino Industries files draft papers with Sebi to raise Rs 1,000-cr via IPO
πŸ“ CCI clears merger of nine pharma entities with Sequent Scientific
πŸ“ Postudio secures pre-seed funding led by Audacity VC
πŸ“ Accel, Kae Capital lead $2.6 million funding in compliance management startup BPR Hub
πŸ“ Quick service app Snabbit raises $5.5 million from Elevation Capital, Nexus Venture Partners
πŸ“ Adani Energy bags ₹25,000 cr order
πŸ“ Fintech Skydo receives in-principle approval to operate as PA-CB entity
πŸ“ Reliance Industries signs MoU to invest Rs 645 cr in Vadhvan port project
πŸ“ Aditya Birla Fashion and Retail completes fundraise of Rs 1,860 cr via QIP
πŸ“ JSW Group signs MoU with Maharashtra to invest Rs 3 trillion in state
πŸ“ JetSetGo enters urban air mobility mkt with new partnerships for air taxis
πŸ“ IT major HCLTech expands its global delivery footprint in Hyderabad
πŸ“ Aditya Birla Real Estate Q3 results: Revenue falls 16.7% to Rs 946.21 cr
πŸ“ Jio Financial Services, BlackRock joint venture sets up broking unit
πŸ“ Market regulator Sebi plans steps to curb grey mkt trading in IPOs
πŸ“ South Indian Bank posts highest-ever quarterly profit of Rs 342 crore in Q3
πŸ“ GAIL, BPCL to set up plants to produce compressed biogas in Chhattisgarh
πŸ“ Govt extends duty-free import of tur by a year
πŸ“ At ₹2.24-lakh crore, Rajasthan leads Q3 investments powered by energy projects
πŸ“ InMobi eyes $400 million funding at $8 billion valuation
πŸ“ PLI release for 6 sectors at Rs 1,596 crore in H1FY25
πŸ“ Consumer firms pitch for measures to boost demand in Budget 2025
πŸ“ Govt launches Diamond Imprest scheme to boost exports, protect domestic industry
πŸ“ Draft e-commerce rules mandate KYC, detailed product listings
πŸ“ India needs more oil, may scale up energy purchases from US: Puri
πŸ“ Tanla Platforms Q3 results: Net profit falls 15% YoY to ₹118.51 crore
πŸ“ India Cements Q3 results: Net profit rises to ₹122.3 crore; revenue falls 15%
πŸ“ Euro Pratik files DRHP with SEBI to raise ₹730 cr via IPO
πŸ“ FPIs extend selling streak to 12th session, January outflows top ₹50,000 crores
.
πŸ“ Govt gears up to create ecosystem for high-end EVs
πŸ“ Textiles allocation for FY26 may rise to Rs 5,080 cr
πŸ“ Punjab & Sind Bank to raise Rs 2,000 cr via QIP this quarter: MD & CEO Swarup Kumar Saha
πŸ“ Can Fin Homes Q3 net up 6% at Rs 212 crore
πŸ“ Vinir Engineering Ltd files DRHP papers with Sebi for IPO
πŸ“ Eyes on defence deals as Donald Trump pads up
πŸ“ Digital Edge DC in talks to raise ₹2,400 cr for Mumbai project
πŸ“ Pepsi, Tatas look to spice up snacks market
πŸ“ Adani Energy Solutions' order book swells to Rs 54,700 cr
πŸ“ JSW steel arm to raise ₹2.6k cr for Thyssenkrupp unit buyout
πŸ“ Electronics manufacturing startup Grid OS raises $500,000 in round led by Anupam Mittal, All In Capital
πŸ“ AM/NS India set to commission two auto steel lines at Gujarat unit
πŸ“ Reliance Industries focuses on cost control in O2C segment in Q3FY25
πŸ“ India's fraying Gulf oil ties get a fillip on US' sanctions on Russia
πŸ“ Current environment conducive for private investments: CII survey
πŸ“ VinFast readies India drive for export hub, plans first stop in Tamil Nadu
πŸ“ Private sector banks' credit costs up in Q3FY25 on higher provisions
πŸ“ Geological survey indicates presence of lithium in Odisha: GSI official
πŸ“ India targets $250 bn of engineering exports by 2030, says Commerce Secy
πŸ“ Maharashtra to UP, states draw battle lines to woo investors in Davos
πŸ“ Govt set to meet target of 10,000 new FPOs in FY25
πŸ“ ArcelorMittal Nippon Steel’s two new output lines to boost auto biz
πŸ“ Aadhar Housing Finance aims to grow AUM by 22%: MD
πŸ“ Reliance steps up distribution push as FMCG vertical grows
πŸ“ EPFO discusses pendency of applications for higher pensions
πŸ“ Spending on rural housing scheme to fall short of BE by Rs 20,000-crore, FY26 outlay likely to be Rs 35,000 crore
πŸ“ FPIs take out Rs 44,396 cr from equities in Jan amid weak earnings outlook, rising dollar
πŸ“ Market valuation of six top firms falls by Rs 1.71 lakh cr; Infosys, TCS worst hit
πŸ“ India to export 1 million tons of sugar amid rising ethanol demand and output concerns
πŸ“ Electronics industry expects budget incentives to rev up local manufacturing
πŸ“ India, EU lay roadmap to strengthen trade and investment
πŸ“ Non-bank lenders form priority sector lenders’ body to plug MSME loan shortfall
πŸ“ UK Market Turbulence Pushes Mortgage Costs to Five-Month High
πŸ“ NIXI announces launch of its Internet Governance Internship, Capacity Building Scheme
πŸ“ Govt weighs ‘strategic’ PSU tag for BHEL.
.
πŸ“ Agriculture ministry launches first-ever edible oil consumption survey
πŸ“ Hyderabad's real estate sees robust growth in 2024 despite year-end dip
πŸ“ India's cosmetic surgery market set to hit $11.5 billion by 2030
πŸ“ Billionaire wealth soars three times faster by $2 trillion in 2024: Oxfam
πŸ“ China's BYD to complete $1 billion Indonesia plant by year-end: Report
πŸ“ EV sales must reach 50% by 2030 to achieve net zero goal: Bhupender Yadav
πŸ“ Urja Mobility launches B2C battery leasing programme in 10 cities
πŸ“ Tata Motors to continue spending Rs 2,000 cr per yr on new CVs, equipments
πŸ“ Edtech firm BrightChamps acquires Edjust in a cash-and-stock deal
πŸ“ Groww picks JPMorgan for IPO to raise $750 mn, may seek $7 bn valuation
πŸ“ NMDC to extract diamonds worth $3.4 mn from mine near tiger reserve in MP
πŸ“ Govt allows export of 1 million tons sugar in ongoing 2024-25 season
πŸ“ Sellwin Traders signs $3 million MoU with UAE firm, posts 90% jump in Q3 income
πŸ“ Waaree Energies bags order to supply 180 MWp solar modules
πŸ“ India’s Greenko founders to raise $800 million to buy Orix stake
πŸ“ TVS King EV MAX, a connected electric three-wheeler, launched at ₹2,95,000
πŸ“ Newgen Software Technologies Q3 Results: Profit rises 31% to Rs 89 crore
πŸ“ NTPC arm starts partial commercial operations of 200 MW-solar project in Gujarat
πŸ“ Fitch upgrades Vedanta Resources' ratings with stable outlook
πŸ“ Centre to launch National Critical Mineral Mission to boost production: Union minister
πŸ“ Jupiter Hospital to invest Rs 400 crore to set up new hospital in Ghodbunder-Mira Road
πŸ“ Siemens gets Rs 210-cr rail line electrification order from IRCON
πŸ“ Zomato braces for a bumpy ride as food delivery demand slows
πŸ“ Govt picks 24 cos for ₹3,516-cr investment in round 3 of white goods PLI scheme
πŸ“ LIC trims stake in National Fertilizers, sells over 2% stake
πŸ“ Tata Motors to start pilot proj with hydrogen internal combustion engine trucks in March qtr
πŸ“ Settlement with borrowers only after exhausting all options, RBI to ARCs
πŸ“ IOB Q3 Results: Net profit jumps 21% YoY to ₹873 cr, NII up 16% to ₹2,789 cr
πŸ“ Bharti Airtel, Bajaj Finance launch digital financial platform for wider reach
πŸ“ NCLT orders the liquidation of Go First
πŸ“ IDBI Bank Q3 result: Profit jumps 31% YoY; provisions, net NPA drops
πŸ“ Venus Remedies renews its European Good Manufacturing Practices certification from Infarmed
πŸ“ Q3 throws focus on deal cycle, tenure for India's biggest IT service providers
πŸ“ IDFC FIRST Bank launches FD-backed RuPay Credit Card for the first time users.

πŸ“² Download my Android app "Updates by CARJ" πŸ“š to stay connected with latest news and updates πŸ“https://carohitjaiswal.blogspot.com/p/update-android-app.html?m=0
Thanks for reading

Friday, 17 January 2025

17 January 2025 News

17th January 2K25

πŸ“ RBI injects ₹40,000 cr into banking system
πŸ“ 1 cr govt staff's salary tweaks loom as 8th Pay Commission gets cabinet nod
πŸ“ Boost South Korea, Japan ties to cut reliance on China: GTRI
πŸ“ World Bank warns that US tariffs could reduce global growth outlook
πŸ“ Bain Capital buys into Dhoot Transmission Group
πŸ“ Asset Reconstruction Companies seek nod to tap capital markets for equity
πŸ“ Cabinet approves bill making repossession easier for aircraft lessors
πŸ“ DoT gets cabinet nod to refarm 1100 MHz spectrum across bands
πŸ“ Defence tech startup Constelli raises $3 million in round led by Pravega Ventures
πŸ“ Biotech startup Zerocircle raises Rs 20 crore in round led by Nithin Kamath’s Rainmatter
πŸ“ RIL Q3 results: Net profit rises 7.4% to Rs 18,540 cr, beats estimates
πŸ“ Commerce dept seeks to extend 2 export schemes ahead of Union Budget
πŸ“ Infosys Q3 results: Net profit rises 11.4% to Rs 6,806 cr, revenue up 7.6%
πŸ“ Sun Pharma's unit Taro to acquire 100% stake in Antibe Therapeutics
πŸ“ Spencer's Retail enters quick commerce space with JIFFY as growth driver
πŸ“ Torrent Power to invest Rs 18K cr in thermal power plant in Madhya Pradesh
πŸ“ Amazon to acquire fintech firm Axio to expand credit services in India
πŸ“ Axis Bank's Q3FY25 results: Net profit rises 4% to Rs 6,034 crore
πŸ“ India to remain fastest-growing large economy in FY26, FY27: World Bank
πŸ“ Income-Tax department recovers Rs 1,070 crore from wrongful claims
πŸ“ RBI liberalises Fema rules to facilitate cross-border transactions
πŸ“ NCLAT to decide on Meta’s plea against CCI order stay next week
πŸ“ iPhone market share in India touches 10%
πŸ“ Agri & processed food exports grow over 11% to $17.77 billion in April-December
πŸ“ Over 80% firms want wider cover for PM Internship scheme
πŸ“ Infosys revises FY25 revenue guidance to 4.5- 5.0%
πŸ“ DB Corp Q3 Results: Profit drops by 4.65% YoY to Rs 118.21 crore, revenue declines marginally
πŸ“ Over 80% firms want wider cover for PM Internship scheme
πŸ“ ISRO space docking successful, India becomes fourth country to achieve this ‘historic’ feat, PM Modi congratulates
πŸ“ RBI retains Tata Sons in upper-layer NBFC list for FY25
πŸ“ PFC to get Japanese loan of ₹6,500 crore
πŸ“ BPCL signs ₹31,802-crore loan deal with SBI-led consortium
πŸ“ Kedaara Capital invests over $350 mn in data analytics provider Impetus Tech
πŸ“ Equity funds' AUM grows for 11th year, net inflows surge over 100% in CY24
πŸ“ Warburg-owned Truhome Finance eyes ₹50,000 crore AUM in four years.

πŸ“² Download my Android app "Updates by CARJ" πŸ“š to stay connected with latest news and updates πŸ“https://carohitjaiswal.blogspot.com/p/update-android-app.html?m=0
Thanks for reading

Thursday, 16 January 2025

16 January 2025 News

16th January 2K25

πŸ“ RBI gets into liquidity management to tackle spike in short-term interest rates
πŸ“ Zepto's annualised GOV touches $3 billion, up three times in 8 months
πŸ“ Reliance Jio signs pact with Polygon Labs for incorporating new tech like Web3
πŸ“ Rupee sees best single-day gain since June to close at 86.36 vs US dollar
πŸ“ Sebi resolves over 5,600 complaints through SCORES platform in December 2024
πŸ“ Sugar output falls 13.62 pc to 130.55 lakh tonne till Jan 15: NFCSFL
πŸ“ India's trade deficit widens to $22 billion in December
πŸ“ Minda Corp to acquire 49% stake in Flash Electronics for Rs 1,372 crore
πŸ“ Aditya Birla Fashion to raise $500m via QIP, preferential issue
πŸ“ Welspun inks pact with Saudi Aramco for setting up manufacturing facility
πŸ“ Spacetech startup OrbitAID raises $1.5 million led by Unicorn India Ventures
πŸ“ Anysphere, a maker of AI coding software, raises $105 million
πŸ“ Skincare brand Foxtale raises $30 million led by Japanese beauty firm Kose Corporation
πŸ“ Cornerstone Ventures marks $40 million first close of $200 million second fund
πŸ“ Highways Infra Trust targets AUM of over Rs 25,000 crore by March-end
πŸ“ India Inc's foreign borrowings decline 20.2% in 2024 as rupee slips
πŸ“ Ceat Q3FY25 results: Net profit skids 46.4% to Rs 97.1 cr, revenue up 11.3%
πŸ“ Vedanta Resources raises $1.1 billion through dual tranche bond issuance
πŸ“ Bank of Maharashtra Q3FY25 results: Net profit rises 36% to Rs 1,406 crore
πŸ“ I-T Dept imposes Rs 3.86 cr penalty on Laurus Labs for disallowed deduction
πŸ“ L&T Technology Services Q3FY25 results: Net profit drops 4% to Rs 322.4 cr
πŸ“ FinMin reviews financial inclusion schemes, urges better banking outreach
πŸ“ India's green investments to grow 5-fold to Rs 31 trn by 2030: CRISIL
πŸ“ NPCI International, UAE fintech partner to enable UPI for Indian travellers
πŸ“ Govt to launch AI-backed data analytics platform for better trade insights
πŸ“ Shoppers Stop looks to add up to 15 stores in FY26
πŸ“ 15th round of India-UK FTA talks to begin in February
πŸ“ Sundaram Alternates raises Rs 1,000 crore for realty fund
πŸ“ HDFC Life Q3 profit rises 15% to Rs 415 crore
πŸ“ Publicis Worldwide & Leo Burnett to merge globally
πŸ“ DPIIT, ITC join hands to help startups in manufacturing sector
πŸ“ Centre asks states to boost wheat procurement for 2025-26 rabi season
πŸ“ OPEC sticks to oil-demand view
πŸ“ United States key inflation rises 2.9% in December
πŸ“ PhonePe results: Net loss declines to ₹1996 cr, revenue jumps to ₹5,064 cr
πŸ“ China’s central bank injects near-record amount of liquidity into banking system
πŸ“ DHL Group to add 30% freight capacity in India.

Wednesday, 15 January 2025

15 January 2025 News

15th January 2K25

πŸ“ RBI reshuffles portfolios of the three Deputy Governors
πŸ“ Network18 Q3 Results: Co reports net loss at Rs 1,435 crore post demerger with Viacom18
πŸ“ HDFC AMC Q3 Results: Cons PAT jumps 31% YoY to Rs 641 crore, revenue up 39%
πŸ“ Zetwerk selects banks for $500 million India IPO
πŸ“ Shanti Gold International files IPO papers with Sebi
πŸ“ Fuel, non-food goods drive wholesale inflation to 2.4% in December
πŸ“ Google-backed Pixxel launches Fireflies, India’s first private satellite constellation
πŸ“ Climate tech startup GreenStitch raises $1.2 million from Equirus InnovateX Fund, others
πŸ“ Electric two-wheeler startup BGauss raises Rs 161 crore from Bharat Value Fund
πŸ“ Aditya Birla-backed Digantara takes flight onboard SpaceX’s rocket, system to monitor and detect objects
πŸ“ Flying taxi startup secures $10 mn in Series A1 funding led by Accel
πŸ“ Velocity unveils Shipfast to enable faster commerce for D2C brands
πŸ“ Tata Electronics captures 26% share of India's iPhone production
πŸ“ Tata Capital raises $400 million through maiden international bond
πŸ“ FinMin considers asking banks to implement geotagging for all BCs
πŸ“ India to top G20 with 7.3% insurance premium growth over 2025-29: Report
πŸ“ Rupee hits new low of 86.68 per dollar as oil importers boost demand
πŸ“ NARCL sole bidder to buy Rs 50K cr bad loans of Jaiprakash Associates
πŸ“ BharatPe targets IPO in 18-24 months, Ebitda profitability in FY25
πŸ“ AI set to reshape 38 mn jobs in India by 2030, boost productivity: EY
πŸ“ Udaan set for IPO as NCLT clears demerger plan for corporate restructuring
πŸ“ 64% consumers may choose EV as their next vehicle in 2025: TCS study
πŸ“ Passenger vehicle dispatches hit record 4.3 million units in 2024
πŸ“ EU reassesses its probes into tech giants such as Apple, Google and Meta
πŸ“ Wonderchef turns profitable in FY24
πŸ“ PM calls for early warning system for earthquakes
πŸ“ AM Green ties up with DP World to set up supply chain for green fuels
πŸ“ BrightNight commissions 115 MW hybrid renewable project in Maharashtra
πŸ“ Shoppers Stop posts Q3 profit growth of 41.74% YoY, premium categories contribute to revenue growth
πŸ“ Adani Renewable Energy commissions 57.2 MW wind-solar hybrid project in Gujarat
πŸ“ Vodafone Idea partners with HCL Software to automate 4G and 5G networks
πŸ“ India aims to improve weather forecasting accuracy by 10-15% in next 5 years
πŸ“ Elon Musk's Neuralink marks third brain implant, plans 30 more this year
πŸ“ Centre begins talks for easing MSME compliance burden, financing woes
πŸ“ China’s central bank reiterates easing pledges amid policy dilemmas
πŸ“ Telecom spectrum in 6-Ghz band key to avoid 5G radio wave crunch: COAI.

πŸ“² Download my Android app "Updates by CARJ" πŸ“š to stay connected with latest news and updates πŸ“https://carohitjaiswal.blogspot.com/p/update-android-app.html?m=0
Thanks for reading

Tuesday, 14 January 2025

14 January 2025 News

14th January 2K25

πŸ“ Mutual funds raise Rs 1.18 trn via NFOs in 2024; thematic funds lead
πŸ“ J&J to acquire drugmaker Intra-Cellular Therapies for $14.6 billion
πŸ“ China's exports grew 10.7% in Dec amid uncertainty over trade tariffs
πŸ“ Bank of India seeks its first dollar loan of $400 million in over a decade
πŸ“ Zepto gets NCLT approval to shift domicile back to India ahead of 2025 IPO
πŸ“ Okaya EV plans market expansion, to launch 4 electric two-wheelers in 2025
πŸ“ JVC re-enters Indian TV market through licence pact with Super Plastronics
πŸ“ Groww in talks to launch IPO, looks to raise $700 mn for $7-8 bn valuation
πŸ“ India ranks 3rd in global fintech funding despite 33% drop in 2024: Report
πŸ“ Finished steel imports hit six-year high in April-December, up 20% YoY
πŸ“ TSMC fourth quarter net profit likely to jump 58% on strong AI chip demand
πŸ“ BEL secures orders worth Rs 561 crore, total FY25 orders reach Rs 10,362 cr
πŸ“ Smartphone exports set to hit $20 billion in FY25, driven by surge in iPhone sales
πŸ“ Growing complexity widening cyber inequity: WEF report
πŸ“ Lenovo to double local production in India, aiming for over 12 mn units in FY25
πŸ“ Travel firm Joy n Crew hires CEO and chief service delivery officer from Cox & Kings
πŸ“ Optimistic about higher agri growth in FY25 on good monsoon: Principal secy to PM
πŸ“ NBCC bags Rs 3,500 cr work order in Lucknow to undertake mixed use development
πŸ“ Aragen secures $100 mn funding from Quadria Capital
πŸ“ India will face over USD 14.6 bn in additional duties, if US imposes 20 per cent tariff: BCG Report
πŸ“ WeWork India raises Rs 500 crore via rights issue
πŸ“ GSK to buy US biotech firm IDRx for up to $1.15 billion
πŸ“ NBFCs' loan growth to ease to 17% in FY25 from 21% in FY24: Jefferies
πŸ“ Bank of India seeks its first dollar loan in more than a decade
πŸ“ EcoBox Industrial Parks acquires 50 acres in Chennai for 1.2 million sq ft development
πŸ“ India’s retail inflation eases to four-month low of 5.22% in December
πŸ“ Steady GDP growth, likely rate cuts in 2025 to support credit access of corporates in FY26: Fitch
πŸ“ Ingram Micro appoints Sanjib Sahoo as president of Global Platform Group
πŸ“ Reduce customs duty slabs to 5; simplify structure to boost mfg, exports:GTRI to Govt
πŸ“ Base metal miners likely to outshine steel companies in a mixed Q3
πŸ“ Land deals rise in 2024 to over 2,200 acres, mainly for housing, warehousing projects: CBRE
πŸ“ FPIs on selling spree: ₹22,000 crore withdrawn from Indian equities in Jan
πŸ“ AI and GenAI are transforming robotics: ABB robotics global head
πŸ“ Trademark dispute: HC rejects plea to restrain Mahindra from selling its eZEO EV
πŸ“ PAG invests $200 million in Pravesha Industries for a majority stake
πŸ“ Global investors ready to pay for better ESG footprint assets: A&M’s Aversano

Monday, 13 January 2025

13 January 2025 News

13th January 2K25

πŸ“ I-T dept to tap Interpol in pursuit of tax dodgers and their secret assets
πŸ“ Jio Star targets Rs 6,000 crore from Champions Trophy, IPL
πŸ“ Adani Group to invest Rs 65K crore in Chhattisgarh projects
πŸ“ India's M&A activity sees 38% jump in CY24, $35 billion IPO pipeline
πŸ“ Finmin to meet heads of banks on Jan 15 to review financial inclusion schemes
πŸ“ Microfinance sector contracts below Rs 4 lakh crore amid loan disbursal woes
πŸ“ SAIL, John Cockerill to invest around ₹6,000 crore in building downstream steel plant
πŸ“ Pharma lobby seeks 2-year extension of schedule M deadline
πŸ“ Air India aims to double international transit traffic in three years
πŸ“ We're confident of hiring 40,000 freshers from campuses this year: TCS CHRO
πŸ“ Adani surpasses Mukesh Ambani's RIL group firms in 2024 M&A deals
πŸ“ Centre likely to save over Rs 70,000 crore on expenditure in FY25
πŸ“ JNPA will become first Indian port cross 10 mn TEU capacity mark: Wagh
πŸ“ CP, CD rates harden amid tight liquidity conditions in the market
πŸ“ Realtors seek stamp duty cuts, revised home loan limits in Budget
πŸ“ Mahakumbh opens on Monday with Rs 25,000 crore revenue expectations
πŸ“ Luxury electric vehicle retail sales in 2024 clock 6.7% growth: Fada
πŸ“ US employers opt for remote hiring to bypass likely H-1B rule change
πŸ“ VCs betting on NBFCs for stable investments
πŸ“ Andrew Ng-backed Jivi.ai launches AI platform for HMPV risk assessment
πŸ“ NFRA plans 7 papers to strengthen the audit standards
πŸ“ AMCs get ready with schemes to woo investors
πŸ“ Pan-India crop survey to go digital by FY26
πŸ“ AIFs seek special dispensation for deep-tech startups
πŸ“ IMF warns of weaker Indian economy in 2025 amid global uncertainty and US policy shift
πŸ“ FPI outflow reaches Rs 22,194 crore in January amid weak earnings and steady US dollar
πŸ“ China reports dip in HMPV infections amid global concern
πŸ“ Parliamentary panel reviews price spike of medicines
πŸ“ Govt to revamp revival framework for MSMEs
πŸ“ Nobel Hygiene eyes up to ₹200 cr in funding led by Neo Group's investment arm
πŸ“ TCS expects margin benefits as BSNL deal tapers; to create 25K-seat capacity in Bengaluru: CFO
πŸ“ Space race heats up as Jeff Bezos' Blue Origin is set to launch its first rocket
πŸ“ Kolkata, Bengaluru lead India's traffic congestion; Mumbai, Delhi also make list
πŸ“ Industry body CII seeks 10-point Ease of Doing Business reforms from Budget 2025.

πŸ“² Download my Android app "Updates by CARJ" πŸ“š to stay connected with latest news and updates πŸ“https://carohitjaiswal.blogspot.com/p/update-android-app.html?m=0
Thanks for reading

Sunday, 12 January 2025

12 January 2025 News

Economic Times

πŸ“ Centre releases tax devolution of Rs 1.73 lk cr to states
πŸ“ FPIs: Sebi plans hiking threshold to Rs 50,000 cr for making granular disclosures
πŸ“ Strata SM REIT aims to list Rs 2,000 crore assets by end of FY26
πŸ“ Adani Group raises Rs 4,850 cr from sale of 13.5% stake in Adani Wilmar
πŸ“ Just Dial Q3 results: PAT jumps 43% YoY to Rs 131 crore, revenue up 8%
πŸ“ Vedanta seeks $450 million to repay top-performing junk bonds
πŸ“ India’s forex reserves dip $ 5.7 billion in a week up to January 03
πŸ“ Startups raise $398.4 million in week ending January 10, up threefold on-year
πŸ“ Hippocratic AI valued at $1.64 billion after series B round
πŸ“ Creaegis may fund Giva at $470-500 million valuation

Business Standard

πŸ“ Vodafone Plc exits Indus Towers, sells shares worth Rs 2,800 crore
πŸ“ SpiceJet to bring 10 grounded Boeing 737 back into service by mid-April
πŸ“ Centre extends GST return filing deadline for GSTR-3B and GSTR-1
πŸ“ Life insurance Dec new biz premium falls 21.7% to Rs 30,218.71 crore
πŸ“ FPIs exit domestic debt market as bond yield gap with US shrinks
πŸ“ Kotak fund invests Rs 940 cr in IPO-bound diagnostics chain Neuberg
πŸ“ Reits, InvITs, municipal bonds hold potential for next decade: Sebi chief
πŸ“ DPIIT officials meet AIFs to promote capital mobilisation for startups
πŸ“ Projects worth Rs 50,000 crore mooted for robust inland waterways
πŸ“ Bankers ask RBI for durable liquidity as deficit mounts to Rs 2 trillion

Financial Express

πŸ“ India’s industrial production hits 6-month high of 5.2 per cent
πŸ“ Byju’s employee claim hits Rs 177.5 crore
πŸ“ Capital fundraising to climb 21 per cent in FY25: Madhabi Puri Buch
πŸ“ IGX expects to receive govt nod to launch long-duration contracts soon
πŸ“ Rupee hits all-time low of 85.97 as dollar strengthens ahead of US jobs data
πŸ“ Infosys countersues Cognizant over alleged competitive misconduct and data misuse

Mint

πŸ“ Year 2024 exceeds 1.5°C threshold, becomes hottest year, says C3S report
πŸ“ Health ministry tightens norms for medical devices, IVD makers
πŸ“ Centre mandates waterproofing test for tractors used in wetland cultivation
πŸ“ 9.4% of Airbus deliveries came to India, 7.6% to IndiGo alone
πŸ“ Mumbai-based Jesons Industries refiles DRHP with Sebi for IPO
πŸ“ Delhi, neighbouring states to draft plan to tackle dust pollution
πŸ“ Supreme Court stays ₹1.5 trillion tax notices to online gaming companies.

πŸ“² Download my Android app "Updates by CARJ" πŸ“š to stay connected with latest news and updates πŸ“https://carohitjaiswal.blogspot.com/p/update-android-app.html?m=0
Thanks for reading

Friday, 10 January 2025

10 January 2025 News and updates

10th January 2K25

πŸ“ RBI eases curbs on NBFCs as compliance improves after supervisory actions
πŸ“ Aerospace firms gird for protectionism under Trump, says Airbus CEO
πŸ“ Lenskart prepares for IPO, seeks to raise up to $1 billion from bankers
πŸ“ Emami targets Rs 1,000 crore revenue from Smart & Handsome in 3-4 years
πŸ“ Climate change puts India's rice and wheat output at risk of 6-10% decline
πŸ“ NRAI set to approach CCI over Zomato and Swiggy's 10-minute delivery apps
πŸ“ Aggressive pricing for Exim Bank's $1 bn debt hints at another robust year
πŸ“ SAIL supplies 45,000 tonnes of steel for upcoming Maha Kumbh Mela
πŸ“ Keystone Realtors sale bookings up 40% to Rs 863 crore in Q3 on high demand
πŸ“ Poised to achieve portfolio of 700 hotels by 2030, double revenue: IHCL
πŸ“ Envision bags 1GW wind, first 320 MWh BESS orders from Juniper Green Energy
πŸ“ BP partnership to boost ONGC revenue by $10.3 billion over 10 years
πŸ“ India added 24.5 GW solar and 3.4 GW wind capacity in 2024, sets new records
πŸ“ Fast paced growth of top end models jack up Mercedes’ average selling price in 2024
πŸ“ HDFC Securities surpasses Rs 25,000 crore in mutual fund AUM
πŸ“ Fintech Tide looks to onboard 10 lakh MSMEs by 2025-end, launch new solutions
πŸ“ India has potential to increase organic products' exports to Rs 20,000 cr in 3 years: Piyush Goyal
πŸ“ Bankruptcy Court admits Oban Fashions under insolvency resolution
πŸ“ US pharma major Eli Lilly and Co plans to establish new GCC in Hyderabad
πŸ“ Govt may give Rs 35,000 crore LPG subsidy to IOC, BPCL, HPCL
πŸ“ Microfinance business shrinks in Q2 as delinquency rates surge
πŸ“ Tata Motors group global wholesales up 1 pc at 3,41,791 units in Q3
πŸ“ Jupiter International to invest Rs 6,500 cr on capacity expansion
πŸ“ Ultra luxury homes demand at new peak in 2024 with sales of 59 units for Rs 4,754 cr: Anarock
πŸ“ Indian Hotels Q3 update: Tata Group company reports opening of 40 new hotels
πŸ“ Mutual fund folios hit 22.5 crore in Dec; SIP inflows exceed ₹26K crore
πŸ“ Policybazaar and insurer partners join hands for elderly support services
πŸ“ E-way bill generation rebounds in December, signalling supply chain recovery
πŸ“ International alcohol cos seek $466M in unpaid debts from Telangana govt: Report
πŸ“ FPIs resume selling spree in Jan, pull out nearly ₹12K cr from Indian stocks
πŸ“ Tepid Q3 earnings outlook spells more pain for Indian companies
πŸ“ Auto Sector Q3 Results Preview: Expect modest revenue, profit growth for OEMs
πŸ“ Swiggy to launch standalone app for quick commerce arm Instamart
πŸ“ Govt to sign mining pact with Mongolia to source copper and coking coal
πŸ“ Realty companies' Q3 to be mixed, followed by an action-packed Q4

.
========>
.
✅ Implementation of mandatory mentioning of HSN codes in GSTR-1 & GSTR 1A
https://www.gst.gov.in/newsandupdates/read/570

Jan 9th, 2025

After successful implementation of Phase-I & Phase-II now Phase-III regarding Table 12 of GSTR-1 & 1A is being implemented, from return period January 2025. In this phase manual entry of HSN has been replaced by choosing correct HSN from given Drop down. Also, Table-12 has been bifurcated into two tabs namely B2B and B2C, to report these supplies separately. Further, validation regarding values of the supplies and tax amounts involved in the same, have also been introduced for both the tabs of Table-12. However in initial period these validations have been kept in warning mode only, which means failing the validation will not be a blocker for filling of GSTR-1& 1A. To view the detailed advisory please click here

Thanking You,
Team GSTN

✅ Enabling filing of Application for Rectification as per Notn. 22/2024-CT, dtd. 08/10/24, 2024
https://www.gst.gov.in/newsandupdates/read/568
.
========>
.
πŸ“² Download my Android app "Updates by CARJ" πŸ“š to stay connected with latest news and updates πŸ“https://carohitjaiswal.blogspot.com/p/update-android-app.html?m=0
Thanks for reading

Thursday, 9 January 2025

9 January 2025 News

9th January 2K25

πŸ“ Jio steps up 5G monetisation plans ahead of possible listing
πŸ“ Advik acquires German braking system manufacturer Powersports MTG
πŸ“ ONGC ropes in BP to increase Mumbai high field output
πŸ“ Nirma Group company outbids Ambuja in insolvency sale of Vadraj Cement
πŸ“ Zoplar Secures $3.4 million in Series A funding led by Blume Ventures
πŸ“ Neuroscience startup BrainSightAI raises $5 million from IAN Alpha Fund, others
πŸ“ AI-focused company Infinite Reality valued at $12.25 billion after $3 billion fundraise
πŸ“ Zerodha’s Rainmatter invested Rs 275 crore in 2024 across climate, health startups: Nithin Kamath
πŸ“ Swiggy launches new standalone app Snacc for 15-minute food delivery
πŸ“ Foxconn, Dixon ask govt to pay pending production-linked subsidies
πŸ“ RBI lifts restrictions imposed on Asirvad Microfinance and DMI Finance
πŸ“ Brigade Group's mixed-use project in Hyd targets Rs 3,300 cr in home sales
πŸ“ WeWork India strengthens footprint in Bengaluru, Pune, adds over 175k sq ft
πŸ“ Govt slashes Nov gold import data by $5 billion in commodity revision
πŸ“ India Inc files ECB plans worth $ 2.83 bn in November, shows RBI data
πŸ“ Non-life insurers report dip in Dec premiums under Irdai's revised norms
πŸ“ Lupin gets clearance from USFDA for its Pithampur manufacturing facility
πŸ“ Rupee falls 13 paise to settle at new record low of 85.87 against dollar
πŸ“ Sebi approves IPOs of Regreen-Excel, Dr Agarwal's, Casagrand, Highway Infra
πŸ“ NSE plans expansion of its colocation facility, to add 2,000 new racks
πŸ“ Demat tally surges to 185 million in 2024 with 46 million new additions
πŸ“ Infinity Fincorp loan book tops Rs 1K crore
πŸ“ Wilmar readies blueprint post-Adani exit
πŸ“ Domestic steel demand to outpace other economies with 8-9% growth in 2025
πŸ“ Q3 update: L&T’s Heavy Engineering arm bags order in range of Rs 1000-2500 crore in India and abroad
πŸ“ US weekly jobless claims at 11-month low amid labor market stability
πŸ“ ISRO postpones SpaDeX satellite docking due to unexpected drift
πŸ“ PM Modi unveils projects worth over ₹2 Lakh Crore in Andhra Pradesh
πŸ“ AMD invests in drug-discovery company Absci in push to sell AI chips
πŸ“ China expands consumer subsidies to boost spending as tariff risk looms
πŸ“ Complete Circle's wealth management arm raises new funding from Mankind Pharma
πŸ“ Blackstone’s Infrastructure Fund for Individuals Raises More Than $1 Billion.

πŸ“² Download my Android app "Updates by CARJ" πŸ“š to stay connected with latest news and updates πŸ“https://carohitjaiswal.blogspot.com/p/update-android-app.html?m=0
Thanks for reading

Wednesday, 8 January 2025

8 January 2025 News

8th January 2K25

πŸ“ Centre notifies procedure for export of certified organic products
πŸ“ JSW Group in talks to acquire Everstone Capital's 8% stake in MG India
πŸ“ Signature Global names Sanjeev Kumar Sharma as its chief financial officer
πŸ“ Vodafone Idea planning phased 5G rollout with new tariff plans: CEO Moondra
πŸ“ Tesla supplier Panasonic Energy to cut dependence on China for EV batteries
πŸ“ Auto retail sales dip 12% in December despite a good show in CY 2024
πŸ“ Race to acquire Haldiram Snacks: Temasek secures term sheet, leads bid
πŸ“ Housing sales up 7% in 2024 across top 8 cities at 350K units: Knight Frank
πŸ“ IT company HCLTech marginally hikes salaries of junior-level employees
πŸ“ Freight rates up 11% in two weeks over Christmas and New Year rush
πŸ“ Big four's Indian arms outpace global counterparts in FY24 revenue growth
πŸ“ FinMin to hold meeting with MFI players on Wed amid rising bad loans
πŸ“ Alkem Laboratories to sell Pithampur unit for Rs 149 crore
πŸ“ Exim Bank said to have raised over $750 million via 10-year bonds
πŸ“ Maruti Suzuki unveils ‘e For Me’: A vision for India’s electric future
πŸ“ India poised to be healthcare custodian of world, says Torrent's Samir Mehta
πŸ“ Akasa Air appointed Belson Coutinho as the chief operating officer
πŸ“ Gems, jewellery sector urges govt to reduce GST to 1% in upcoming Budget
πŸ“ Indian diamond exports hit by slump in Chinese demand, HMPV concerns add to uncertainty
πŸ“ Indian banks' profitability to moderate in FY26, India Ratings says
πŸ“ Wagh Bakri Tea to invest Rs 100 cr for setting up new manufacturing unit in Gujarat
πŸ“ Botanic Healthcare raises Rs 250 crore from Stakeboat Capital & other investors
πŸ“ GFGNL to deliver 25000 fiber to home connections in rural areas for greater internet connectivity
πŸ“ Zydus Lifesciences joins hands with CVS Caremark for diabetes drugs template formulary
πŸ“ India's GDP growth likely to grow by four-year low of 6.4% in FY25: Govt est
πŸ“ Microsoft plans to invest $3 billion on AI, cloud infrastructure in India
πŸ“ L&T's power transmission arm wins large orders in India, Saudi Arabia
πŸ“ ASK Property Fund, India Sotheby's to launch first luxury real estate fund
πŸ“ Government targets 4.5% fiscal deficit by FY26
πŸ“ India’s central bank should lead the policy easing cycle that its economy needs
πŸ“ Space race: Toyota invests $44 million in Japanese rocket startup
πŸ“ Mobikwik Q2 results: Firm posts loss of ₹3.5 cr vs profit YoY, revenue at ₹291 cr
πŸ“ Duty cut on smartphone parts to hit electronics ecosystem, trigger job loss: GTRI
πŸ“ Nvidia CEO pitches robotics, cars as growth areas to CES audience
πŸ“ Globe Capacitors Partners with PolyCharge to Bring NanoLam™️ Technology to India

πŸ“² Download my Android app "Updates by CARJ" πŸ“š to stay connected with latest news and updates πŸ“https://carohitjaiswal.blogspot.com/p/update-android-app.html?m=0
Thanks for reading

7 January 2025 News

7th January 2K25

πŸ“ CDPQ taps global companies, looks to raise up to Rs 3,400 cr for India InvIT
πŸ“ Motilal Oswal Alternates raises over Rs 1,750 cr for sixth fund
πŸ“ FIU-IND signs pact with IRDAI to share information
πŸ“ Airtel, Voda Idea sell entire stake in Wi-Fi JV Firefly to iBus for Rs 9 crore
πŸ“ BPCL gives in-principle approval to joint venture company MNGL IPO
πŸ“ RBI adds 8 tons gold to its reserves in November 2024: WGC
πŸ“ Nuvoco Vistas to acquire Vadraj Cement through insolvency route
πŸ“ With new $650 million war chest for India, Accel eyes AI, consumer, fintech, manufacturing startups
πŸ“ Singaporean data centre company Digital Edge raises over $1.6 billion
πŸ“ Sharechat parent firm Mohalla loss narrows to Rs 1,897 crore in FY24
πŸ“ CRI Pumps bags Rs 754 crore deal from MSEDCL, to supply 25,000 solar pumps
πŸ“ EMO Energy raises $6.2 million in Series A led by Subhkam Ventures
πŸ“ Lodha achieves its highest quarterly pre-sales of Rs 4,510 crore in Q3
πŸ“ Meta moves NCLAT over CCI's Rs 213 cr penalty in WhatsApp privacy case
πŸ“ 2023 income inequality exceeded 1950s levels in India, says report
πŸ“ Railways ministry spends 76% of FY25 capital expenditure by December
πŸ“ Industry seeks extension of RoDTEP scheme to SEZs, EOUs till Sep-end
πŸ“ Rupee falls to new low of 85.83 as dollar hovers near two-year high
πŸ“ FinMin wants banks, NBFCs to join hands to fund large infra projects
πŸ“ RBI releases master direction on reporting of customers credit information
πŸ“ Govt plans mandatory hallmarking for silver amid rising consumer demands
πŸ“ Investment by CPSEs, agencies fell 10 per cent in April-November
πŸ“ Nxtra, Bizongo lead India’s emerging unicorns
πŸ“ Audit firms face talent crunch, as fee collections stagnate
πŸ“ D2C firm Frido set to be Rs 200-crore brand
πŸ“ Realty sector seeks higher tax benefit on home loans
πŸ“ Sterlite Grid 32 gets Rs 2,450 crore via listed NCDs to refinance MUML project
πŸ“ RIL arm enters hydration category with launch of new Raskik Gluco Energy
πŸ“ Lodha posts record quarterly pre-sales
πŸ“ IIFCL asked to extend Rs 1 lakh crore loans in 3 years
πŸ“ Govt launches updated PLI for speciality steel
πŸ“ PM Modi and Satya Nadella explore Microsoft’s expansion plans in India
πŸ“ Quadrant Future Tek raises ₹130.5 cr via anchor investors ahead of IPO
πŸ“ Exhicon raises ₹140.93 crore through preferential allotment
πŸ“ Budget 2025: FM Nirmala Sitharaman holds consultation with trade unions
πŸ“ India’s services sector growth rises to a four-month high in December.

πŸ“² Download my Android app "Updates by CARJ" πŸ“š to stay connected with latest news and updates πŸ“https://carohitjaiswal.blogspot.com/p/update-android-app.html?m=0
Thanks for reading

Monday, 6 January 2025

6 January 2025 News

6th January 2K25

πŸ“ Italy plans $1.5 billion SpaceX telecom security services deal
πŸ“ Karnataka tops as borrower among five southern states
πŸ“ Delhi issues guidelines to prevent HMPV
πŸ“ Mcap of four of top-10 most valued firms erode by Rs 96,605.66 cr; HDFC Bank hit hard
πŸ“ Farm credit offtake expected to surpass ₹27 lakh cr
πŸ“ NHAI prepays Rs 56,000 cr to its lenders in FY25 to save Rs 1,200 cr interest
πŸ“ Review of PSU General insurers on cards to gauge capital needs
πŸ“ Foxconn beats estimates with record fourth-quarter revenue on AI demand
πŸ“ Accel's $650 mn India fund to focus on AI, fintech startups, manufacturing
πŸ“ HDFC Bank's LDR falls below 100% for the first time after merger
πŸ“ Bank of India eyeing to sell stressed loans in Simbhaoli Sugars, Visa Steel
πŸ“ India's FY25 GDP growth likely to remain in 6.4-6.8% range: Experts
πŸ“ Commerce Min, Indian mission officials to hold talks to boost exports
πŸ“ India's forest and tree cover at 25.17% of total land area
πŸ“ Trai to tighten anti-spam norms; pilot to digitise past user consents
πŸ“ Govt to switch on massive subsidy to supercharge EV infrastructure
πŸ“ Growth in agri credit may top 13% in FY25: Nabard chairman Shaji KV
πŸ“ Travel conditions turn dangerous in US amid heaviest snowfall in decade
πŸ“ SAT gets new judicial member, second bench likely soon
πŸ“ Direct benefit transfers in FY25 cross Rs 4.15 lakh crore
πŸ“ OMCs may post subdued refining margins in FY26
πŸ“ Need 5-6 more cooperatives like Amul: PM
πŸ“ FPIs withdraw Rs 4,285 cr in 3 trading sessions amid high valuations, global headwinds
πŸ“ A 1000-cr fund to be launched to address climate issues in rural finance system
πŸ“ United Airlines to begin Starlink in-flight internet testing starting February
πŸ“ Dai-ichi Life Takes ¥140 Billion Loss Selling Off Long Bonds
πŸ“ Trump, Fed Seen Risking $127 Billion Bond Spree in Latin America
πŸ“ Winter storm paralyzes UK: Heavy snow forces airport closures, flights scrapped
πŸ“ New office space supply falls 6 pc to 451.5 lakh sq ft across top 8 cities in 2024: C&W report
πŸ“ India introduces 'e-Student' and 'e-Student-X' visas for international students
πŸ“ Tesla CEO Elon Musk donates shares worth $100 million to charities.

πŸ“² Download my Android app "Updates by CARJ" πŸ“š to stay connected with latest news and updates πŸ“https://carohitjaiswal.blogspot.com/p/update-android-app.html?m=0
Thanks for reading

Friday, 3 January 2025

3 January 2025 News

3rd January 2K25

πŸ“ DoT seeks Trai clarity on bank guarantee encashment
πŸ“ Working group formed to revise WPI base year to 2022-23 from 2011-12
πŸ“ DMart Q3 Update: Standalone revenue jumps 17% to Rs 15,565 crore
πŸ“ Karnataka: Cabinet allows KIADB to raise Rs 5000 Cr to develop industrial areas
πŸ“ Force Motors bags order to supply 2,429 ambulances to UP govt
πŸ“ UPI transactions rises 8 pc to 16.73 bn in December: NPCI data
πŸ“ Vedanta parent plans $1 bn raise to refinance high-cost debt
πŸ“ ICMR proposes revised version of National Essential Diagnostics List
πŸ“ Railways earnings rise 4%, capex 2% in 9 months of FY25
πŸ“ Balmer Lawrie & Co invests in 'pod' hotel startup NapTapGo
πŸ“ Accel closes eighth India fund with $650 million corpus
πŸ“ Zepto sets up new marketplace entity amid restructuring
πŸ“ PNB sees robust growth in deposits in Q3FY25; CSB Bank logs over 20% growth
πŸ“ Akums announces new facility for lyophilized, sterile dosage manufacturing
πŸ“ 172 mn jobs created during 2014-24; 46 mn in FY24: Mansukh Mandaviya
πŸ“ India's manufacturing PMI slips to 12-month low of 56.4 in December
πŸ“ Gadkari announces roadworks worth Rs 12,000 cr to ease Delhi's traffic woes
πŸ“ Rupee closes at fresh low of 85.76 against dollar despite RBI intervention
πŸ“ Cosmea Financial gets Sebi nod for MF foray
πŸ“ Tata Motors, M&M to get incentives worth Rs 246 crore under PLI scheme
πŸ“ Work demand under MGNREGA rises 8.3% in December 2024, shows data
πŸ“ India's sugar consumption likely at 28 million tonnes in 2024-25: Isma
πŸ“ Low rainfall in Jan-Mar may hit crop yields
πŸ“ India to add 30 GW RE capacity in 2 years to FY26
πŸ“ Banks’ credit growth to remain subdued in FY26: ICRA
πŸ“ Centre eases norms to fast-track capex loans to states
πŸ“ Smartworks takes 4.8 lakh sq ft in Gurugram for annual rent of Rs 94 crore
πŸ“ Snapdeal cuts losses by 43 per cent to Rs 160 crore in FY24
πŸ“ iBus Networks eyes ₹2,000 cr revenue by 2028, bets on digitization of buildings
πŸ“ US unemployment claims hit 8-month low as consistency prevails job market
πŸ“ Sebi clubs fund diversion, disclosure violation probes against ZEE, executives
πŸ“ TVS Motor sales jump 7% in December to 3.2 lakh units
πŸ“ Vi gears up for 5G rollout, plans 15% cheaper than Jio and Airtel: Report
πŸ“ ₹2,000 currency notes worth ₹6,700 crore yet to be returned, says RBI.
.
========>
.
πŸ‘‰πŸ»MSME bodies seek Audit exemption for firms below Rs 5 Cr turnover.
(Industry bodies representing micro, small, and medium enterprises (MSMEs) have urged the government to exempt MSMEs with turnovers below Rs 5 crore from audits)
πŸ‘‡πŸ» πŸ‘‡πŸ» πŸ‘‡πŸ»
https://shorturl.at/58hLk
.
========>
.
πŸ“² Download my Android app "Updates by CARJ" πŸ“š to stay connected with latest news and updates πŸ“https://carohitjaiswal.blogspot.com/p/update-android-app.html?m=0
Thanks for reading

Thursday, 2 January 2025

2 January 2025 News

2nd January 2K25

Economic Times

πŸ“ Bank lending slowed across sectors in November
πŸ“ Sebi mandates simplified compliance for listed entities with integrated filing framework
πŸ“ A-One Steels India files draft papers with Sebi; eyes Rs 650-crore IPO
πŸ“ Govt extends 2 crop insurance schemes till 2025-26; creates Rs 824.77 cr fund for tech infusion
πŸ“ GST collection rises 7.3 pc to Rs 1.77 lakh crore in December
πŸ“ MoUs worth Rs 18,500 cr investment potential inked in 7 mega textile parks: Govt
πŸ“ India's power consumption up nearly 6 pc to 130.40 bn units in December
πŸ“ Accel closes eighth India fund with $650 million corpus

Business Standard

πŸ“ Karur Vysya Bank's Q3 FY25 business rises 15% to Rs 1.82 trillion
πŸ“ Air India becomes first Indian airline to offer Wi-Fi on domestic flights
πŸ“ Sun Pharma sells entire stake in Japanese arm to Zaza Industrial Holdings
πŸ“ Sasan Power makes $150 million bullet payment on debt with IIFCL
πŸ“ New govt infrastructure projects down by over 20% in December quarter
πŸ“ Credit growth to NBFCs declines to 7.8% in November, shows RBI data
πŸ“ Indices begin 2025 with gains, marking 7th consecutive first-session rise
πŸ“ IMD says 2024 warmest year in India since 1901; China also heating up
πŸ“ Auto sales shake off pandemic blues, hit record high of 26.1 mn units
πŸ“ Centre extends additional subsidy on DAP, costing up to Rs 3,850 crore
πŸ“ MSME bodies seek audit exemption for firms below Rs 5 crore turnover
πŸ“ NSO seeks private firms to conduct socio-economic sample surveys

Financial Express

πŸ“ IREDA’s loan disbursements surge 41 per cent in Q3FY25
πŸ“ Acronis aims to strengthen India business, sees 48% growth in data centres by 2030
πŸ“ India, Pakistan exchange nuclear installations list under 1988 agreement

Mint

πŸ“ Microfinance self-regulator defers capping lenders per borrower to 1 April
πŸ“ India’s petroleum exports plunge amid weak global demand, Red Sea disruptions
πŸ“ Eureka Conveyor Belting gets BSE nod for fundraiser via SME IPO
πŸ“ Jaishankar meets Qatar PM, reviews bilateral cooperation
πŸ“ FinMin directs PSBs, insurers to expedite resolution of grievances
πŸ“ China's Alibaba to offload Sun Art stake to DCP for $1.6 billion
πŸ“ WhatsApp tops cyber scam charts: Over 43,000 complaints in 2024's first quarter
πŸ“ ₹2000 notes withdrawal: ₹6,691 cr worth such notes still with public
πŸ“ India's coal production by CIL drops in April-Dec, fossil fuel output down 9.4%
πŸ“ IMD forecasts rain over Delhi and parts of northwest India this week
πŸ“ Agritech sector to create 60-80K new job opportunities in next 5 years
πŸ“ Earthquake of 3.2 magnitude hits Gujarat's Kutch.

πŸ“² Download my Android app "Updates by CARJ" πŸ“š to stay connected with latest news and updates πŸ“https://carohitjaiswal.blogspot.com/p/update-android-app.html?m=0
Thanks for reading

Wednesday, 1 January 2025

1 January 2025 News and updates

1st January 2K25

πŸ“ India may face challenges on a few parameters in WB's B-Ready report: GTRI
πŸ“ Centre approves Rs 676 cr for development of Odisha's education institutes
πŸ“ JSW MG Motor to unveil three new models at Bharat Mobility Global Expo 2025
πŸ“ Mumbai SEZ leasing rises sharply in 2024, reverses 3-year downward trend
πŸ“ Sharp rise in gold loan defaults worries banks and NBFCs, increase by 30%
πŸ“ Venus Remedies gets good manufacturing practice certification from Moldova’s Ministry Of Health
πŸ“ Rupee falls 13 paise to all-time closing low of 85.65 against dollar
πŸ“ Government extends deadline for belated and revised tax returns to Jan 15
πŸ“ Avanti Feeds, Apex Frozen to gain as shrimp industry eyes revival in 2025
πŸ“ Indian banks' gross bad loan ratio may edge up by March 2026: RBI report
πŸ“ India has clean energy capacity over 200 GW; investments to double in 2025
πŸ“ NPCI extends proposed 30% UPI market share cap deadline to end-2026
πŸ“ India’s core sector output up 4.3% in November
πŸ“ Promoter Nishant Pitti sells 1.41% stake in EaseMyTrip via block deal
πŸ“ China raises salaries for government workers to boost spending
πŸ“ Indian refiner boosts Mideast oil imports as Russian flows slow
πŸ“ RBI approves re-appointment of Anup Kumar Sinha as non-executive chairman of Bandhan Bank
πŸ“ PLI and renewable energy incentives to be packed into green steel mission
πŸ“ HUL takes direct-to-Kiranas distribution route
πŸ“ VPPL awards EPC contract to ITD Cementation for Vadhvan Port development
πŸ“ China's manufacturing activity slows in December as trade risks grow
πŸ“ Waaree Renewable Technologies bags 2 GW solar project in Bikaner
πŸ“ DoT seeks clarity from Trai on encashing telcos’ BGs to recover spam penalties
πŸ“ India's April-Nov fiscal deficit hits 52.5% of FY25 target at ₹8.47 lakh crore
πŸ“ FPIs net buyers in Indian stock market in 2024, primarily through IPOs, QIPs
πŸ“ PBOC Steps up Liquidity Injection with Fresh Tools at Year-End
πŸ“ Thomas Cook shuts systems after cyber-attack takes down IT infra; probe underway
πŸ“ Reliance spends USD 13 bn on acquisitions in five years
πŸ“ Jute sector faces challenging year with 'subdued' prices, demand
πŸ“ Rooftop solar company Fujiyama Power Systems files DRHP with SEBI for IPO
πŸ“ Indian banks to stick with certificates of deposit after 2024 supply jumps 50%
πŸ“ Delhi traders eye Rs1000 crore business this New Year: CTI
πŸ“ Beijing pushes to use China-made chips in its EVs
πŸ“ Pristyn Care in talks to raise up to $100 million in a new funding round
πŸ“ India launches project for skills training of girls
πŸ“ ISRO launches historic SpaDeX mission to test space docking
πŸ“ Govt extends MEP on honey, imposes minimum import price on soda ash
πŸ“ Health insurers disallowed claims worth Rs 15,100 crore during FY24
πŸ“ Adani Enterprises to fully exit Adani Wilmar in $2 bn multi-phased deal
πŸ“ Textile industry body seeks schemes to help achieve $100 billion export target by 2030
πŸ“ IISc researchers develop new ML model to find semiconductor properties
πŸ“ Nvidia closes $700 million Run:ai acquisition after regulatory hurdles
πŸ“ Electric scooter maker Ather Energy receives Sebi nod for IPO
πŸ“ Production from Meenakshi coal mine likely to begin in 2028, says Hindalco
πŸ“ Lupin acquires Huminsulin from Lilly to strengthen diabetes portfolio
πŸ“ Mswipe's payment business turns profitable, FY24 revenues grow 6%
πŸ“ NE states led growth in consumption expenditure during 2023-24: NSO
πŸ“ Stress in microfinance sector doubles in April to September period: RBI
πŸ“ Fire, engineering insurance premiums likely to move up by 60% in 2025
πŸ“ Government extends deadline for direct tax Vivad Se Vishwas Scheme
πŸ“ Ajay Poly files preliminary papers with Sebi to mop up funds via IPO
πŸ“ AI, cybersecurity to drive 1 mn jobs by 2030: Quess IT Staffing report
πŸ“ CRISIL analysis: IT services sector eyes 7-9% growth on BFSI, AI funding
πŸ“ 10-year G-Sec yields may ease to 6.60 per cent by March: Tata AMC
πŸ“ Retail prices of pulses rule high, despite fall in mandi rates
πŸ“ Bikaji to enter bakery business
πŸ“ Govt releases norms for financial aid, payment security under rooftop solar scheme
πŸ“ Omkara ARC acquires Rs 750-crore retail stressed assets
πŸ“ EaseMyTrip co-founder to exit company with Rs 780 crore stake sale
πŸ“ PM Suryaghar subsidy disbursal at 58% till Oct
πŸ“ Rising issuance of CP, CD leads to widening spread in money market: RBI
πŸ“ SBI Life picks up 10% stake in Bima Sugam India Federation
πŸ“ Indo Farm Equipment raises ₹78 crore from anchor investors ahead of IPO
πŸ“ Banks' NPA fall to 12-year low of 2.6%, bad loan ratio to worsen in 2026: RBI
πŸ“ IMD issues orange alert, warns of dense fog and cold days with rain
πŸ“ Public Bank Headcount Hits 13-Year Low, Private Banks Face High Attrition
πŸ“ Govt starts countervailing duty probe on Vietnamese chemical.
.
========>
CBDT extends the last date for furnishing Belated/ Revised return of income for AY 2024-25 in the case of Resident Individuals from 31st December, 2024 to 15th January, 2025.

✅Circular no. 21/2024 dated 31/12/2024 issued- https://incometaxindia.gov.in/communications/circular/circular-no-21-2024.pdf
.
========>
.
πŸ‘‰πŸ»RBI introduces name lookup for RTGS and NEFT.
(This facility will allow remitters to verify the beneficiary's name before initiating a transaction, reducing the risk of errors and fraudulent transfers)
πŸ‘‡πŸ» πŸ‘‡πŸ» πŸ‘‡πŸ»
https://shorturl.at/yDzT6

πŸ‘‰πŸ»ICAI cannot issue standards on quality management: Solicitor General Tushar Mehta to NFRA.
(The ICAI is not authorized to issue standards on quality management or amend audit norms for accountancy firms. This responsibility lies with the government, as per the solicitor general's opinion)
πŸ‘‡πŸ» πŸ‘‡πŸ» πŸ‘‡πŸ»
https://shorturl.at/Hb1vD

.
==============>
.
πŸ“² Download my Android app "Updates by CARJ" πŸ“š to stay connected with latest news and updates πŸ“

https://carohitjaiswal.blogspot.com/p/update-android-app.html?m=0

Thanks for reading