News Headlines from Business News Agencies:
Business Standard
• India better placed as world deals with Covid, economic headwinds
• Hinduja sweetens offer for RCap to counter Torrent group's winning bid
• Founders Prannoy Roy, Radhika Roy exit NDTV, transfer most stakes to Adani
• Centre makes PDS free for 810 mn people; annual outlay likely at Rs 2 trn
• S Korea's National Assembly passes 2023 budget, cuts corporate tax
• Ex-ICICI Bank CEO Chanda Kochhar, husband arrested in loan fraud case
• US President Joe Biden signs $858 billion defence authorization bill
• India garners praise for UNSC's December Presidency by member states
• Indian American Richard Verma to be Dy Secy of US State Department
• JSW Energy gets shareholders' nod to appoint Parth Jindal as director
• NCLAT sets aside pleas against CCI's Rs 873-cr penalty on UBL, beer makers
• Welspun completes sale of six road assets to Actis for Rs 6,025 crore
• Tata Motors arm, DTC sign pact for operation of 1,500 e-buses in Delhi
• Google dials NCLAT against CCI's Android order, Rs 1,337-crore fine
• BHEL, Sumitomo partner for circulating fluidised bed combustion boilers
• Vedanta says declared as preferred bidder for Bicholim mineral block in Goa
Economic Times
• An inflation measure watched by the Fed eases to 5.5%
• India needs to focus on tech, energy and skilling, says FinMin
• India exports wheat worth USD 1.5 bn during Apr-Oct
• Airlines cancel 5,700 U.S. flights amid fierce winter storms
• Shanghai port strives to keep global trade moving despite Covid
• Sebi initiates study of fees, expenses charged by mutual funds
• Forex reserves decline $571 mn to $563.5 bln
• U.S. equity funds see big outflows in week ended Dec. 21
• Chinese Communist Party focuses on economic recovery as Omicron spreads
• IMF projects 6.8% growth in current fiscal for India, says country's fiscal space is at risk
• Asian bonds receive biggest foreign money in 9 months in November
• NCLT approves merger of Jindal Stainless and Jindal Stainless (Hisar)
• Oil rises 2% on Russian supply worries; U.S. storm impact in focus
• IFC extends $400 million to HDFC to support affordable green housing in India
• Indian govt agencies to export 2 lakh tonnes of rice to Bangladesh at hefty profits
Mint:
• House panel suggests Coal India to explore acquisition of overseas coal blocks
• Merger approval process kicks off for Air India and Vistara
• India should carefully calibrate interest rate hikes, IMF says
• PN Vasudevan decides to stay back at Equitas Small Finance Bank
• Gateway Distriparks completes acquisition of ICD Kashipur
• Wall Street watchdog to tighten bolt on audit firms assessing crypto companies
• Air fares skyrocket as year-end travel demand peaks
• Gulf Oil to supply EV fluids for Altigreen’s electric cargo three-wheeler
• India smartphone market to grow 10% in 2023 after a dip this year: Report
• Bharat Highways InvIT files draft papers with Sebi to raise ₹2,000 cr via IPO
• Gadkari urges banks to rate lower interests from buyers of clean energy vehicles
• SpiceJet continues to explore settlement options with creditors
• Retail industry sees 19% rise in sales during Apr-Nov 2022: Report
By: via Allies Fin Serve Stock Market
