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🇮🇳Business News Headlines

Economic Times

Ø Adani Enterprises calls off FPO, money to be returned to investors

Ø Fed slows rate hikes, signals further increases are coming

Ø Tata Chemicals Q3 results: Profit rises 26% YoY to Rs 391 Crore, Revenue up 32%

Ø Britannia Q3 Results: Net Profit soars 151% YoY to Rs 932 Cr on exceptional gain in JV with France's Bel

Ø Budget 2023: Income, Corporate taxes to grow by 10.5 pc to Rs 18.23 lakh in FY'24

Ø Dixon mulling ​local plant for open-cell assemblies for TVs, after Budget proposal

Ø India's Electricity consumption grows nearly 13% to 126.16 Billion units in January

Ø Railways to get ₹2.4 L Cr for future upgrades

Business Standard

Ø IDFC Ltd to invest Rs 2,200 Crore in IDFC First Bank, up its stake to 40%

Ø Budget 2023: FM sticks to fiscal road map, targets deficit of 5.9% in FY24

Ø SC orders Whatsapp to make public its undertaking on 2021 Privacy Policy

Ø Tech firms welcome Budget, want focus on digitisation to continue

Ø Projects worth Rs 19,000 Cr to get Grants under Sovereign Green Fund

Ø Steady demand pushes domestic PV sales up 17.4% in Jan despite price hikes

Ø OFCD case: Sebi orders attachment of Subrata Roy's Bank, Demat Accounts

Ø Ashok Leyland posts multi-fold jump in Q3 PAT to Rs 361 Cr on robust sales

Ø Gillette India Q2 Profit rises 6% on strong demand for grooming products

Ø Jubilant FoodWorks Q3 net down 40% to Rs 80 Cr; Revenue up to Rs 1,332 Cr

Ø IT solutions firm Rashi Peripherals files Rs 750-cr IPO papers with Sebi

Financial Express

Ø Budget extends tax neutrality to offshore funds coming to GIFT IFSC

Ø Rupee falls 2 paise to close at 81.90 against US dollar

Ø Visakhapatnam to be new Andhra Pradesh capital, announces CM Jagan Reddy

Ø Budget 2023: Rural Ministry, MGNREGS witness cut in allocations

Ø 47.8 Crore Jan Dhan accounts opened, says FM

Ø India’s manufacturing PMI moderates in January amid slower increase in total sales

Mint

Ø President Biden, speaker McCarthy meet at White House on debt crisis worries

Ø Defence gets ₹5.94 Tn; ₹1.62 Tn for modernization

Ø EU unveils plan to counter US Green subsidies, China competition

Ø Capex raised to ₹10 Tn as govt pushes for infra, jobs

Ø US job openings rise to 11 Million in Dec, amid Federal Reserve's cooling effort

Ø IMD predicts 'normal rainfall' in northwest India in February

Ø TVS Motors total sales rise by 3% to 2.75 lakh units in January

Ø J.P. Morgan Asset Management adds $500 million of southern timberland

Ø OPEC+ ministers set to stay the course on Oil production amid China covid woes

Ø Raymond Q3 Profit down 4.4% to ₹97 Cr; income up 17.6%

Ø Govt allocate ₹35,000 Crore for energy transition, achieve net-zero by 2070

Ø Govt to infuse ₹52,937 Crore into BSNL in FY24