Business headlines
* Govt received multiple EoI for IDBI Bank stake sale, says divest secy (Informist)
* RJio launches 5G services in Rajasthan's Jaipur, Jodhpur, Udaipur (Informist)
* Auditor detects 2.96-bln-rupee fraud transactions at Srei Equipment (Informist)
* Auditor finds 475-mln-rupee fraud transactions at Srei Equipment Fin (Informist)
* Tata Steel domestic sales rise 7% on year to 4.73 mln tn in Oct-Dec (Informist)
* Asian Paints board OKs 20-bln-rupee investment in new mfg plant (Informist)
* Titan Co Oct-Dec sales rise 12% on year, watch sales up 14% (Informist)
* Gujarat Pipavav Port container volume up 22% on year in Oct-Dec (Informist)
* Kalyan Jewellers' Oct-Dec consol revenue rises 13% on festival demand (Informist)
* US FDA seeks additional data in Biocon's application for Insulin-R (Informist)
* Ease of doing business is not just centre's responsibility, says finance minister (BL)
* Customs duty on 35 items may be hiked in Budget (ET)
* Economists peg India's FY24 growth at 6% after advance estimates (BS)
* Remittance cost likely to be cut to 3% by 2027 (ET)
* Lenders may hold another round of auction for cash-strapped RCap (BS)
* Ather Energy sets $1 bln revenue target for this year (Mint)
* Govt coffers swell on boost from import duty receipts (Mint)
* Customers scramble as new bank locker rules kick in (Mint)
* IL&FS pays Canara Bank, others 13 bln rupees (ET)
* Price growth drove India's pharmaceutical sales in 2022, shows data (BS)
* Smaller AMCs shine, see robust growth in 2022 (FE)
* Rel Consumer to focus equally on full FMCG range, backend sourcing (ET)
* Apple starts recruitment for flagship retail stores in India (ET)
* Disney unit buys Hotstar’s US business for 1,780 mln rupees (ET)
* Mercedes expects double-digit growth in India in 2023 despite weak rupee (RTR)
* Russian shipment for Bangladesh nuclear plant docks at Haldia port (ET)
* Fairfax ex-head, Kingfisher veteran plan regional airline (ET)
* Piyush Goyal to attend India-US Trade Policy Forum on Jan 11 (BS)
By: via Allies Fin Serve Stock Market
