22nd January 2K25
π Banks' debt up by Rs 88k cr in last two weeks of 2024
π Essar Oil and Gas plans $275 mn overseas bond sale post-restructuring
π ICICI Prudential Q3 results: Cons PAT jumps 43% YoY to Rs 325 crore
π PNB Housing Finance Q3 Results: Net profit jumps 43% YoY to Rs 483 crore on strong home loan demand
π Lumino Industries files draft papers with Sebi to raise Rs 1,000-cr via IPO
π CCI clears merger of nine pharma entities with Sequent Scientific
π Postudio secures pre-seed funding led by Audacity VC
π Accel, Kae Capital lead $2.6 million funding in compliance management startup BPR Hub
π Quick service app Snabbit raises $5.5 million from Elevation Capital, Nexus Venture Partners
π Adani Energy bags βΉ25,000 cr order
π Fintech Skydo receives in-principle approval to operate as PA-CB entity
π Reliance Industries signs MoU to invest Rs 645 cr in Vadhvan port project
π Aditya Birla Fashion and Retail completes fundraise of Rs 1,860 cr via QIP
π JSW Group signs MoU with Maharashtra to invest Rs 3 trillion in state
π JetSetGo enters urban air mobility mkt with new partnerships for air taxis
π IT major HCLTech expands its global delivery footprint in Hyderabad
π Aditya Birla Real Estate Q3 results: Revenue falls 16.7% to Rs 946.21 cr
π Jio Financial Services, BlackRock joint venture sets up broking unit
π Market regulator Sebi plans steps to curb grey mkt trading in IPOs
π South Indian Bank posts highest-ever quarterly profit of Rs 342 crore in Q3
π GAIL, BPCL to set up plants to produce compressed biogas in Chhattisgarh
π Govt extends duty-free import of tur by a year
π At βΉ2.24-lakh crore, Rajasthan leads Q3 investments powered by energy projects
π InMobi eyes $400 million funding at $8 billion valuation
π PLI release for 6 sectors at Rs 1,596 crore in H1FY25
π Consumer firms pitch for measures to boost demand in Budget 2025
π Govt launches Diamond Imprest scheme to boost exports, protect domestic industry
π Draft e-commerce rules mandate KYC, detailed product listings
π India needs more oil, may scale up energy purchases from US: Puri
π Tanla Platforms Q3 results: Net profit falls 15% YoY to βΉ118.51 crore
π India Cements Q3 results: Net profit rises to βΉ122.3 crore; revenue falls 15%
π Euro Pratik files DRHP with SEBI to raise βΉ730 cr via IPO
π FPIs extend selling streak to 12th session, January outflows top βΉ50,000 crores
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π Govt gears up to create ecosystem for high-end EVs
π Textiles allocation for FY26 may rise to Rs 5,080 cr
π Punjab & Sind Bank to raise Rs 2,000 cr via QIP this quarter: MD & CEO Swarup Kumar Saha
π Can Fin Homes Q3 net up 6% at Rs 212 crore
π Vinir Engineering Ltd files DRHP papers with Sebi for IPO
π Eyes on defence deals as Donald Trump pads up
π Digital Edge DC in talks to raise βΉ2,400 cr for Mumbai project
π Pepsi, Tatas look to spice up snacks market
π Adani Energy Solutions' order book swells to Rs 54,700 cr
π JSW steel arm to raise βΉ2.6k cr for Thyssenkrupp unit buyout
π Electronics manufacturing startup Grid OS raises $500,000 in round led by Anupam Mittal, All In Capital
π AM/NS India set to commission two auto steel lines at Gujarat unit
π Reliance Industries focuses on cost control in O2C segment in Q3FY25
π India's fraying Gulf oil ties get a fillip on US' sanctions on Russia
π Current environment conducive for private investments: CII survey
π VinFast readies India drive for export hub, plans first stop in Tamil Nadu
π Private sector banks' credit costs up in Q3FY25 on higher provisions
π Geological survey indicates presence of lithium in Odisha: GSI official
π India targets $250 bn of engineering exports by 2030, says Commerce Secy
π Maharashtra to UP, states draw battle lines to woo investors in Davos
π Govt set to meet target of 10,000 new FPOs in FY25
π ArcelorMittal Nippon Steelβs two new output lines to boost auto biz
π Aadhar Housing Finance aims to grow AUM by 22%: MD
π Reliance steps up distribution push as FMCG vertical grows
π EPFO discusses pendency of applications for higher pensions
π Spending on rural housing scheme to fall short of BE by Rs 20,000-crore, FY26 outlay likely to be Rs 35,000 crore
π FPIs take out Rs 44,396 cr from equities in Jan amid weak earnings outlook, rising dollar
π Market valuation of six top firms falls by Rs 1.71 lakh cr; Infosys, TCS worst hit
π India to export 1 million tons of sugar amid rising ethanol demand and output concerns
π Electronics industry expects budget incentives to rev up local manufacturing
π India, EU lay roadmap to strengthen trade and investment
π Non-bank lenders form priority sector lendersβ body to plug MSME loan shortfall
π UK Market Turbulence Pushes Mortgage Costs to Five-Month High
π NIXI announces launch of its Internet Governance Internship, Capacity Building Scheme
π Govt weighs βstrategicβ PSU tag for BHEL.
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π Agriculture ministry launches first-ever edible oil consumption survey
π Hyderabad's real estate sees robust growth in 2024 despite year-end dip
π India's cosmetic surgery market set to hit $11.5 billion by 2030
π Billionaire wealth soars three times faster by $2 trillion in 2024: Oxfam
π China's BYD to complete $1 billion Indonesia plant by year-end: Report
π EV sales must reach 50% by 2030 to achieve net zero goal: Bhupender Yadav
π Urja Mobility launches B2C battery leasing programme in 10 cities
π Tata Motors to continue spending Rs 2,000 cr per yr on new CVs, equipments
π Edtech firm BrightChamps acquires Edjust in a cash-and-stock deal
π Groww picks JPMorgan for IPO to raise $750 mn, may seek $7 bn valuation
π NMDC to extract diamonds worth $3.4 mn from mine near tiger reserve in MP
π Govt allows export of 1 million tons sugar in ongoing 2024-25 season
π Sellwin Traders signs $3 million MoU with UAE firm, posts 90% jump in Q3 income
π Waaree Energies bags order to supply 180 MWp solar modules
π Indiaβs Greenko founders to raise $800 million to buy Orix stake
π TVS King EV MAX, a connected electric three-wheeler, launched at βΉ2,95,000
π Newgen Software Technologies Q3 Results: Profit rises 31% to Rs 89 crore
π NTPC arm starts partial commercial operations of 200 MW-solar project in Gujarat
π Fitch upgrades Vedanta Resources' ratings with stable outlook
π Centre to launch National Critical Mineral Mission to boost production: Union minister
π Jupiter Hospital to invest Rs 400 crore to set up new hospital in Ghodbunder-Mira Road
π Siemens gets Rs 210-cr rail line electrification order from IRCON
π Zomato braces for a bumpy ride as food delivery demand slows
π Govt picks 24 cos for βΉ3,516-cr investment in round 3 of white goods PLI scheme
π LIC trims stake in National Fertilizers, sells over 2% stake
π Tata Motors to start pilot proj with hydrogen internal combustion engine trucks in March qtr
π Settlement with borrowers only after exhausting all options, RBI to ARCs
π IOB Q3 Results: Net profit jumps 21% YoY to βΉ873 cr, NII up 16% to βΉ2,789 cr
π Bharti Airtel, Bajaj Finance launch digital financial platform for wider reach
π NCLT orders the liquidation of Go First
π IDBI Bank Q3 result: Profit jumps 31% YoY; provisions, net NPA drops
π Venus Remedies renews its European Good Manufacturing Practices certification from Infarmed
π Q3 throws focus on deal cycle, tenure for India's biggest IT service providers
π IDFC FIRST Bank launches FD-backed RuPay Credit Card for the first time users.
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