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Tuesday, 14 January 2025

14 January 2025 News

14th January 2K25

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