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Wednesday, July 31, 2024

News Headlines from Business News Agencies

*News Headlines from Business News Agencies:*

*Business Standard*

๐Ÿ“ India's gold demand drops 5% in June quarter; up 14% in value term: Report
๐Ÿ“ Pfizer raises annual profit forecast on strong sales of cancer, heart drugs 
๐Ÿ“ Indian Oil Q1FY25 results: PAT plunges 81% to Rs 2,643 cr on low margins
๐Ÿ“ India is one of the fastest growing markets globally: Samsung CEO Han
๐Ÿ“ Flipkart Pay merges all payments, fintech offerings into unified interface
๐Ÿ“ SBI raises $750 mn via offshore term loan facility for deployment of funds
๐Ÿ“ Since Japan launch, Honda Elevate exports nearly double of India sales
๐Ÿ“ ADB to give $200 mn loan to India for solid waste management in 100 cities
๐Ÿ“ Dunzo co-founder Mukund Jha in talks to raise Rs 50-80 cr for new startup
๐Ÿ“ Daimler India to offer vehicle financing solutions with Bajaj Finance
๐Ÿ“ Amid US scrutiny Alaska extends period for Hawaiian Airlines acquisition
๐Ÿ“ Navi Finserv closes $38 mn personal loan securitisation deal with JP Morgan

*Economic Times*

๐Ÿ“ Indian space tech startups secured $126 million funding in 2023, up 7% from 2022: report
๐Ÿ“ Legal tech company DecoverAI raises $2 million in funding round led by Leo Capital
๐Ÿ“ Standard Chartered's India profit steady at $204 million amid rising income
๐Ÿ“ FTA review talks with Japan, Korea, Asean moving slow, but India pursuing: Piyush Goyal
๐Ÿ“ Nexus Select Trust says 5 assets under acquisition, discussions on for 5 more
๐Ÿ“ Torrent Power Q1 Results: Profit jumps 87% YoY to Rs 996 cr
๐Ÿ“ Office space leasing expected to cross 60 million sq ft in 2024
๐Ÿ“ EaseMyTrip to hire 500 interns in next 3-6 months: CEO Nishant Pitti
๐Ÿ“ GST worries for Rapido; Byjuโ€™s-BCCI spat nearing settlement
๐Ÿ“ Vivo working with over 30 local component suppliers for its smartphones
๐Ÿ“ Amazon responsible for hazardous products sold by third-party sellers on platform, CPSC says

*Mint*

๐Ÿ“ US specialty chemicals maker Lubrizol to invest $200 million in new India plant
๐Ÿ“ ONGC Videsh seeks US exemption for its oil-for-dividends Venezuela plan
๐Ÿ“ Power Grid Corp projects capex guidance of over โ‚น2 lakh crore by 2032
๐Ÿ“ Bankruptcy court orders liquidation of Future Retail as resolution eludes
๐Ÿ“ Fortum to sell majority stakes in renewable, EV charging businesses in India
๐Ÿ“ Dixon Tech Q1 results: Net profit rises 94.2% to โ‚น133.68 crore, revenue rises
๐Ÿ“ Colgateโ€™s valuations get richer after top class performance in Q1
๐Ÿ“ Bankruptcy rescues keep up faster pace in June quarter
๐Ÿ“ Qualcomm's new chip to push 5G phone prices to below โ‚น8,000: India president
๐Ÿ“ New India Assurance to raise health insurance prices by up to 10%: Report
๐Ÿ“ Blackstone makes move into Indian snacks market with 51% stake in Haldiramโ€™s

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