Business News Headlines
Economic Times :
Ø ZEE to scale up movie business, eyes up to Rs 2,500 cr revenue from Studio in FY23
Ø Torrent, JB Chemicals in final race to acquire Curatio Healthcare
Ø Ruchi Soya repays entire loans of Rs 2,925 cr
Ø Sebi comes out with risk management framework for electronic gold receipts
Ø Godrej Industries launches Godrej Capital; to invest Rs 1,500 cr
Ø Vijay Kedia adds stake in Elecon Engineering in Q4
Ø CPPIB-led InvIT set to buy Brookfield's India road business
Ø TCS exhibits strong demand traction, adds record annual incremental revenue in FY22
Ø Food prices likely pushed India inflation to 16-month high in March, says poll
Ø RBI says 22 NBFCs have surrendered their registration certificates
Ø High 5G spectrum prices may push players up against the wall: COAI DG
Ø Sri Lanka crisis sends global demand for Indian textiles and teas soaring
Ø Oil falls, pressured by China lockdowns, reserves release
Ø At $30.3 billion, mergers and acquisitions hit four-year high in March quarter
Business Standard :
Ø TRAI recommends over 35% cut in prime 5G spectrum base price
Ø Reserve Bank introduces principles for mid, large NBFCs
Ø Exports of basmati rice fall over drop in acreage, loss of markets
Ø 21 of the 34 states and UTs record rise in discom dues in last two years
Ø KKR signs deal to buy 10% stake in Shriram Gen Insurance for Rs 1,800 cr
Ø NSE to reintroduce 'do not exercise' facility for stock options on Apr 20
Ø Domestic air traffic up 59% in FY22, 40% lower than pre-Covid level: Icra
Ø Reserve Bank of India imposes penalties on three cooperative banks
Ø Shell to set up LNG stations, bullish on gas market in India
Ø Jaguar Land Rover sales decline 36% in Q4 as semiconductor woes continue
Ø IDFC MF deal latest in series of M&As in the RS 38-trillion industry
Ø FM to meet PSBs' heads on Apr 23 to nudge them for credit expansion
Financial Express :
Ø JSW Utkal Steel gets environmental nod for 13.2 MTPA plant in Odisha
Ø Adani Green becomes 10th most-valued company with m-cap of Rs 4.22 lakh crore
Ø Elon Musk decides not to join Twitter board; CEO Parag Agrawal says it’s ‘for the best’
Ø Shell says Russia exit has already cost $5 billion
Ø Sebi forms working groups to review criteria for MF sponsors
Ø Subsidy on ‘decontrolled’ fertilisers to be hiked again
Ø Individual investors can use UPI for up to Rs 5 lakh payment in public issues
Ø SEBI inching ahead to set up Social Stock Exchange
Ø Future Enterprises defaults on Rs 19.16 crore loan repayment
Ø No extension of GST aid to states, says Centre
Ø Oil drops below $100 on reserves release and China lockdowns
By: via @AlliesFin Serve Stock Market
