08/06/2024
Today's Headlines from :-
*Economic Times*
📝 DRI clarifies 10% import duty on component imports, huge relief to industry
📝 ONGC seeks to engage global oil majors to boost output at Mumbai High field
📝 Blackstone may sell up to 15% stake in IT major Mphasis for Rs 6,697 crore
📝 Ixigo raises Rs 333 crore from anchor investors ahead of IPO
📝 Insurers lap up GSec derivatives to manage liabilities
📝 RBI to set up digital payments intel platform after cyber frauds spike over 700%
📝 China's exports grow 7.6% in May, beating expectations despite trade tensions
📝 Expect commercial vehicle volumes to witness 4-7 pc dip this fiscal: ICRA
📝 Adani to invest over $1 bn in Sri Lankan wind projects
📝 Mankind Pharma in race with PEs to buy BSV Group at possible valuation of Rs 13,000 crore
📝 ByteDance plans $2.1 billion investment in Malaysia for AI, minister says
📝 Hero MotoCorp invests Rs 124 crore into Ather Energy, valuation up 20% at Rs 5,636 core
📝 Startup funding rises 23% on year to $326 million this week
*Business Standard*
📝 RBI maintains status quo, raises FY25 GDP growth forecast to 7.2%
📝 Ola Cell Tech zeroes in on suppliers for batteries, to invest Rs 2,249 cr
📝 Bajaj Auto's affordable Chetak 2901 charges up electric scooter market
📝 WisdomNext to push generative AI play for Tata Consultancy Services
📝 Wardwizard bags $1.29 bn electric vehicle order from Philippines company
📝 Dr Reddy's Laboratories eyes acquisitions to drive growth in India
📝 South Korea's Mirae Asset mulls $150 mn capital infusion in Sharekhan
📝 Per capita cereal consumption below 10 kg in rural areas in 2022-23: Survey
📝 India's foreign exchange reserves hit new peak of $651.5 billion
📝 Sebi proposes steps to open credit default swap market for mutual funds
📝 Ultra-rich families fuel $20 billion surge in private equity buyouts
📝 Saudi Arabia set to raise $11.2 bn from secondary offering of Aramco shares
*Financial Express*
📝 After premium fans, Atomberg ventures into kitchen appliance space
📝 CCI to overhaul its general regulations
📝 Adani Ports receives LOI for O&M of container terminal at Kolkata port
📝 Moody’s estimates up to $385 billion investment to meet renewable energy target
📝 Banks’ IT systems must align with pace of business growth: Das
📝 Global bids invited for satellite-based road toll collection system
*Mint*
📝 Canada Unemployment Rises But Wages Spur Caution on July Cut
📝 US oil and gas rig count falls to lowest since January 2022 - Baker Hughes
📝 Govt mulls national eye bank registry for timely cornea transplants
📝 IMD predicts heavy rainfall in Maharashtra as monsoon advances
📝 Retail inflation for industrial workers falls to 3.87% in April
📝 Vi gets fewer consumer complaints, aims to bolster customer retention
📝 SMEs Get Boost as Holani Group Raises ₹184 Crores for Dedicated Fund
📝 Samsung workers in South Korea stage first-ever walkout.
