*Business News Headlines*
*Economic Times :*
Ø Hero Moto lines up new launches, easy financing in big festival push
Ø Part of Harsha Engineers IPO to be used for capex in new line: Chairman
Ø Reliance Retail set to acquire Kerala's Bismi
Ø Jindal Poly unit to consider minority investors' demands
Ø Zee Media case: Sebi levies Rs 4 lakh fine on 25FPS Media for disclosure lapses
Ø Tata Group to halve number of listed companies to boost competitive strength
Ø Forbes & Co to demerge precision tools business
Ø India Inc to give double-digit salary hikes in 2023, survey shows
Ø Finance Minister to meet CEOs of PSBs to review progress of schemes for SCs
Ø Axis Bank to tap into rural, semi-urban markets to expand credit card business
Ø Reliance Jio to launch under Rs 12000 5G phone once 5G coverage expands: Counterpoint
Ø Vodafone Idea, EESL to install 50 lakh IoT-based smart meters in UP, Haryana
*Business Standard :*
Ø IPO watch: Companies taking longer to go public after Sebi approval
Ø Investors stare at double-digit losses as rupee eats into FPI pie
Ø NBFCs' recovery to be hit after RBI action against M&M Financial
Ø NCLAT dismisses Siemens' plea against encashment of its guarantee in MEL
Ø Suzlon Energy to raise Rs 1,200 crore via rights issue of 2.4 bn shares
Ø Centre to relax rules, fast-track new measures for oil & gas exploration
Ø M&M in talks to raise up to $500 mn for EV push, says report
Ø DGCA orders SpiceJet to continue operating at 50% capacity till Oct 29
Ø Torrent group to make Rs 2,900-cr bid for Reliance Nippon Life Insurance
Ø Merger of entities with Tata Steel will simplify management: CFO
*Financial Express :*
Ø Gold Plus Glass Industry, Uniparts India get Sebi’s nod to float IPOs
Ø WAPCOS files IPO papers with Sebi; government to divest stake
Ø FPIs pump in Rs 8,600-cr in Sep; pace of investment slows
Ø Yields rise to 7.312% on hawkish Fed stance
Ø Lupin launches generic Suprep Bowel Prep Kit in United States
Ø Former RBI deputy governor, Zomato chairman join BharatPe board
Ø Exide’s Li-ion cell unit likely to be ready in 2.5 yrs
Ø Offline food, grocery retailers to see 20% revenue growth
Ø SoftBank slashes valuation of OYO by 20% to $2.7 billion
By: via Allies Fin Serve Stock Market Channel
