News Headlines from Business News Agencies 26.07.2024

*Business Standard*

📝 IDBI Bank investors receive security clearance; await RBI approval
📝 Govt to handle $5.1 bn bond payments for MTNL amid liquidity crisis
📝 Texmaco Rail and Engineering acquires Jindal Rail Infra for Rs 615 crore
📝 Ashok Leyland Q1 FY25 results: Net profit declines 6% to Rs 509 crore
📝 Tata Motors' market capitalisation crosses Rs 4 trillion for the first time
📝 GCCs may occupy 26 million sq ft office space by 2027: Knight Frank India
📝 First draft of revised direct tax code in 6 months: Revenue secretary
📝 Climate events threaten loan repayment abilities: RBI deputy governor Rao
📝 I-T Act review attempt to make it simpler for taxpayers: CBDT chairman
📝 Rajasthan govt plans Jaipur Metro expansion to key areas in Phase-II
📝 Regional print media to grow 8-9% from ad revenue, lower costs: CRISIL

*Economic Times*

📝 SoftBank-backed Ola Electric suspends car project to focus on scooters, bikes
📝 CIC, two Information Commissioners working in transparency watchdog: Government
📝 Unimech Aerospace raises Rs 250 crore led by Steadview Capital, others
📝 India's duty cut halts concessionary silver, platinum imports from UAE
📝 Air India Express adds Agartala to its network as its 46th destination
📝 Auto component industry turnover up 10 pc at Rs 6.14 lakh crore in FY24: ACMA
📝 Indian cybersecurity startups on growth path: Accel’s Prayank Swaroop
📝 Coal based power capacity needs investment of Rs 6.67 lakh cr to meet demand by 2032: Power Ministry
📝 Lowered customs may improve India’s global position in apparel and footwear market
📝 Nokia brand fading away as HMD smartphones take baby steps
📝 Embassy REIT Q1 Results: NOI sees 4% jump, 70% YoY growth on leasing witnesses

*Mint*

📝 Govt extends deadline for pharma cos to submit UCPMP undertaking till 31 July
📝 India's market capitalisation to GDP ratio hits new high of 124% in FY24
📝 Mankind Pharma emerges as frontrunner to acquire Advent-backed Bharat Serums
📝 Govt races to register 10,000 farmers’ producer organisations by year-end
📝 Hyundai Motors profits exceed analyst estimates, focus on hybrid cars demand
📝 Nestle India Q1 Results: Net profit rises 7% to ₹747 cr, revenue up 3.3% YoY
📝 Maharashtra leads in electric buses, Delhi is a close second: Govt
📝 Sebi directs NSE to review transactions between Linde India and Praxair
📝 Rural markets to grow faster than urban in FY25 on good monsoon: Kantar
📝 Global economy surpasses expectations with 3.2% growth in 2023
📝 ICMR releases 32 new treatment standards for five specialties.

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