*News Headlines from Business News Agencies:*
*Business Standard :*
• Nasscom appoints Microsoft's Anant Maheshwari as new chairperson
• Apollo opens genomic institute in Chennai, to open three more in 2023
• Mankind Pharma IPO subscribed 8% so far on Day 1
• Zomato, Zypp join hands to deploy 100K e-scooters for last-mile delivery
• Infosys launches live operations platform in collaboration with ServiceNow
• Zydus Lifesciences gets nod from USFDA for metronidazole topical cream
• PM Modi inaugurates Kerala projects worth Rs 3,200 cr; Kochi gets water metro
• Alternative credit firm BlackSoil says FY23 investments grew 55% YoY
• Akasa Air says no significant impact of delay in Boeing 737 delivery
• Nestle India net profit up 24.7 per cent in January-March quarter
• Banking system 'strong enough to survive' policy rate changes: FinMin study
• IT services firm Persistent profit up 25.1%, annual revenue crosses $1 bn
• Bajaj Auto Q4 results: Net profit drops 2.5% on sluggish exports
• Serum Institute to double its investment in Biocon's unit to $300 million
• After a two-year hiatus, domestic air cargo business seeing an uptick
*Economic Times :*
• Starbucks crossed Rs 1000 crore in annual sales, a decade after opening its first store in India
• Punjab & Sindh Bank revises FD interest rates
• Hotels expand presence in tier-II cities amid booming leisure travel
• Central banks end crisis offer as bank system fears ease
• Commerce minister Piyush Goyal invites big, small retailers to join ONDC
• Indian app economy remains robust in March, RIL apps show strong growth: BoFA
• 3M to cut 6,000 positions globally to improve cash flow
• German company Springer Nature leases 1.1 lakh sq ft in Pune to open largest India office
• UBS reaps $28B in new assets in 1Q; Credit Suisse deal looms
• Symphony’s Rs 200-crore share buyback will kick off on May 3
• Realty developer Smartworld to double its revenue in FY24
• Maruti Suzuki upgrades its entire model range to conform to stricter emission norms
• Microsoft India president Anant Maheshwari appointed Nasscom chairperson
• India's horticulture sector holds untapped potential despite challenges
• Apple supplier Corning rides on price hikes to beat profit estimates
*Mint*
• Boeing Bajaj Auto reports 2.5% drop in Q4 PAT to ₹1,433 cr on lower sales.
• AU Small Finance Bank reports Q4 PAT of ₹425 cr up by 23%
• L&T Construction bags orders in the range of ₹1,000-2,500 cr India, overseas
• Mitsubishi Motors to take one time hit of $78 million owing to shrinking sales in China
• HDFC AMC Q4 net profit rises nearly 10% on year to ₹376 crore
• US President Joe Biden announces plans to contest in 2024 elections
• General Motors, Samsung to build $3 billion EV battery plant in US
• India explores prospects of interconnecting power grid with Saudi Arabia & UAE
• 28 states, UTs adopt National Generic Document Registration System
• Ingka Centres partners PVR-Inox to open 9-screen cinema in Gurugram retail centre
• Welspun One and GRT Group ink ₹700 cr deal for Tamil Nadu warehousing project
• Indian hotels set for 13-15% revenue growth in FY24 led by demand.
• Serum Institute to double investment in Biocon's unit to $300 million
By: via Telegram.me/AlliesFin #StockMarket #india
