▫️Bharti Airtel signed a contract with Tech Mahindra to provide 5G solution to M&M's auto plant in Maharashtra. With this Airtel becomes first company to offer private 5G network, beating Adani Group.
▫️ Govt. to launch 2 more tranches of Gold Bonds till FY23.
▫️ HPCL to raise Rs 10,000 crore in debt.
▫️ Exports increased slightly in November, while imports were up 5.4%.
▫️Hike in retail milk prices soon.
▫️ Airport expansion behind schedule in big cities.
▫️Deepak fertilizer to seperate mining, chemical and fertilizer business.
▫️TVS Motors eyes Europe EV debut.
▫️Wipro signs multi year deals with Finastra for corporate banks in West Asia.
▫️Bank of England raised interest rates by 50 bps to 3.5%, highest since 2008.
▫️ Federal Reserve sees several rate hikes in long term, but the US market doesn't buy it.
▫️NBFCs to face further rise in borrowing costs as global market sees steep rate hikes.
▫️ Commodities to be best performing asset class in 2023: Goldman Sachs
▫️OFS of IRCTC was 3.08 times subscribed on first day.
▫️Credit Suisse upgraded India to benchmark for 2023.
▫️ Focusing on Corporate Loan Book: South Indian Bank
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