News Headlines from Business News Agencies
Ahmedabad, 15 May
Govt imposes import ban on 928 defence items in self-reliance push.
Vedanta’s record dividend to parent strains company’s balance sheet.
India’s Exports to EU, US grow but Asia and Africa suffer in FY23.
Poonawalla Fincorp to keep headcount at 3,000 for 5 yrs to build AUM.
Go First has access to Rs 300 cr, will start ops at the earliest: Exec
PM to start foreign tour with G7 meet in Japan, end with US visit in June
Electric E2W manufacturer Hero Electric to go public by FY26: CEO
ONGC to invest $7 bn to reverse dip in oil & gas production: Sushma Rawat
Ola Electric expanding fast, to cross 1,000 experience centres this year
SCO digital ministers adopt India’s proposal to adopt digital public infra
Kotak Mahindra Bank to be the biggest beneficiary of MSCI rejig
Developing nations need to provide digital solutions for citizens: FM
Power ministry panel outlines roadmap to develop electricity market
China’s strong data likely to mask weakening recovery.
Regional connectivity exists beyond short-haul routes: Star Air
IL&FS transfers Pune Sholapur Road asset to Invit at enterprise value of Rs 2,000 crore
Meeting with Walmart CEO fruitful one, had insightful discussions: PM Modi
Govt set to make equity infusion worth Rs 300 crore in Alliance Air
NHB asks large housing finance companies to adopt early warning signals framework
Housing sales in FY23 up 48% to Rs 3.47 lakh crore driven by higher volumes and prices
NPCI plans more tie-ups to strengthen global acceptability of RuPay debit cards
India-EU trade, technology council first meeting at Brussels on May 16
JSW Infrastructure to invest Rs 152 crore to increase container capacity at NMPT
Godrej Properties on land-buying spree for housing projects; to acquire Rs 15k-cr projects in FY24
Upstox breaks even in fiscal year 2022-23, revenue jumps 40%
Sebi proposes norms to regulate fractional ownership platforms offering real estate assets
Govt expects EU carbon tax to hurt only 1.8% of exports
Adani revives capex plans for $1.5 billion
Argentina cenbank to hike benchmark interest rate 600 bps to 97%
Honda India Power declares ₹16.50 per share dividend, Q4 PAT slides 62% YoY
Adani Transmission board approved fund raise worth not exceeding ₹8,500 crore
JioCinema rolls out Premium Subscription Plan.
Sonata Q4 results: Net profit down 3.3% at ₹113.8 crore. Revenue dips 15.4%
REMC launches National Energy Management Centre for Indian Railways
India’s CCI probes Google over alleged anti-competitive in-app payment fees
Sowing of summer crops starts slow; Area falls 1.2% to 6.9 million
IGL’s Q4 net profit falls 9%, but revenue shows strong growth of 53%
Retail inflation at 18-mth low may put rate hikes on pause
