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 β‚Ή25,000 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 β‚Ή2.24-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 β‚Ή118.51 crore
πŸ“ India Cements Q3 results: Net profit rises to β‚Ή122.3 crore; revenue falls 15%
πŸ“ Euro Pratik files DRHP with SEBI to raise β‚Ή730 cr via IPO
πŸ“ FPIs extend selling streak to 12th session, January outflows top β‚Ή50,000 crores
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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 β‚Ή2,400 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 β‚Ή2.6k 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 β€˜strategic’ PSU tag for BHEL.
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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 β‚Ή2,95,000
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 β‚Ή3,516-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 β‚Ή873 cr, NII up 16% to β‚Ή2,789 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.

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