Tuesday, 14 January 2025

14 January 2025 News

14th January 2K25

๐Ÿ“ Mutual funds raise Rs 1.18 trn via NFOs in 2024; thematic funds lead
๐Ÿ“ J&J to acquire drugmaker Intra-Cellular Therapies for $14.6 billion
๐Ÿ“ China's exports grew 10.7% in Dec amid uncertainty over trade tariffs
๐Ÿ“ Bank of India seeks its first dollar loan of $400 million in over a decade
๐Ÿ“ Zepto gets NCLT approval to shift domicile back to India ahead of 2025 IPO
๐Ÿ“ Okaya EV plans market expansion, to launch 4 electric two-wheelers in 2025
๐Ÿ“ JVC re-enters Indian TV market through licence pact with Super Plastronics
๐Ÿ“ Groww in talks to launch IPO, looks to raise $700 mn for $7-8 bn valuation
๐Ÿ“ India ranks 3rd in global fintech funding despite 33% drop in 2024: Report
๐Ÿ“ Finished steel imports hit six-year high in April-December, up 20% YoY
๐Ÿ“ TSMC fourth quarter net profit likely to jump 58% on strong AI chip demand
๐Ÿ“ BEL secures orders worth Rs 561 crore, total FY25 orders reach Rs 10,362 cr
๐Ÿ“ Smartphone exports set to hit $20 billion in FY25, driven by surge in iPhone sales
๐Ÿ“ Growing complexity widening cyber inequity: WEF report
๐Ÿ“ Lenovo to double local production in India, aiming for over 12 mn units in FY25
๐Ÿ“ Travel firm Joy n Crew hires CEO and chief service delivery officer from Cox & Kings
๐Ÿ“ Optimistic about higher agri growth in FY25 on good monsoon: Principal secy to PM
๐Ÿ“ NBCC bags Rs 3,500 cr work order in Lucknow to undertake mixed use development
๐Ÿ“ Aragen secures $100 mn funding from Quadria Capital
๐Ÿ“ India will face over USD 14.6 bn in additional duties, if US imposes 20 per cent tariff: BCG Report
๐Ÿ“ WeWork India raises Rs 500 crore via rights issue
๐Ÿ“ GSK to buy US biotech firm IDRx for up to $1.15 billion
๐Ÿ“ NBFCs' loan growth to ease to 17% in FY25 from 21% in FY24: Jefferies
๐Ÿ“ Bank of India seeks its first dollar loan in more than a decade
๐Ÿ“ EcoBox Industrial Parks acquires 50 acres in Chennai for 1.2 million sq ft development
๐Ÿ“ Indiaโ€™s retail inflation eases to four-month low of 5.22% in December
๐Ÿ“ Steady GDP growth, likely rate cuts in 2025 to support credit access of corporates in FY26: Fitch
๐Ÿ“ Ingram Micro appoints Sanjib Sahoo as president of Global Platform Group
๐Ÿ“ Reduce customs duty slabs to 5; simplify structure to boost mfg, exports:GTRI to Govt
๐Ÿ“ Base metal miners likely to outshine steel companies in a mixed Q3
๐Ÿ“ Land deals rise in 2024 to over 2,200 acres, mainly for housing, warehousing projects: CBRE
๐Ÿ“ FPIs on selling spree: โ‚น22,000 crore withdrawn from Indian equities in Jan
๐Ÿ“ AI and GenAI are transforming robotics: ABB robotics global head
๐Ÿ“ Trademark dispute: HC rejects plea to restrain Mahindra from selling its eZEO EV
๐Ÿ“ PAG invests $200 million in Pravesha Industries for a majority stake
๐Ÿ“ Global investors ready to pay for better ESG footprint assets: A&Mโ€™s Aversano