News Headlines from Business News Agencies 29.07.2024


*Business Standard*

πŸ“ India to get 12 new industrial cities; DPIIT to approach Union Cabinet
πŸ“ PSU banks may get another 2-year extension to comply with Sebi's MPS norms
πŸ“ Shriram Group gets RBI nod to venture into asset reconstruction biz
πŸ“ Spandana Sphoorty Financial halts new-to-credit customer acquisition
πŸ“ FY25 Budget confirms govt's commitment to reduce fiscal deficit: Fitch
πŸ“ Tata Power Solar Systems partners with BoI for EV charging stn financing
πŸ“ Vedanta's Agarwal urges govt to privatise gold mining to boost production
πŸ“ India has highest trade deficit with China, gap narrowing: Piyush Goyal
πŸ“ Apollo Funds to buy IGT's gaming, digital business, Everi in $6.3 bn deal
πŸ“ RBI issues prompt corrective action framework for urban cooperative banks
πŸ“ Paytm's offer to invest in payments arm under govt consideration: DFS Secy
πŸ“ DLF plans to launch Rs 1.04 trn worth real estate projects in medium term 
πŸ“ Godrej Properties raises Rs 1,275 cr via non-convertible debentures

*Economic Times*

πŸ“ DLF-GIC JV firm DCCDL's office rental income rises 11% to Rs 942 crore in April-June
πŸ“ REC Ltd looking at financing overseas projects, submitted application for subsidiary at GIFT City
πŸ“ India needs to strive to be $30 tn economy with per capita income of $18,000: NITI document
πŸ“ Magicpin to invest Rs 100 crore to onboard 1 lakh new restaurants and cloud kitchens on ONDC
πŸ“ Digital payments rise 12.6% at March-end 2024: RBI data
πŸ“ India's forex reserves jump to a new record high of $670.86 bn as on July 19
πŸ“ Ports ministry receives 29 proposals worth Rs 3,300 crore from Andhra Pradesh
πŸ“ Piramal Pharma Q1 Results: Net loss narrows to Rs 89 crore
πŸ“ Petroleum product pipeline tariff to rise 17% after PNGRB issues new regulation
πŸ“ M3M India appoints Stuart McConnachie as Chief Construction Controller
πŸ“ Farmers paid premium of Rs 32,440 cr under PMFBY; over Rs 1.63 lakh cr worth claims cleared
πŸ“ JSW Steel chairman reiterates growth plan while flagging import concerns

*Mint*

πŸ“ ICICI Bank expects its LCR to fall by 10-14 percentage points due to new norms
πŸ“UltraTech Cement board approves 32.72% acquisition of India Cements
πŸ“ Aditya Birla Group targets $25 bn revenue from consumer business in 5 years
πŸ“ NTPC Q1 profit grows 12% to over ₹5,500 crore
πŸ“ SC rejects Maran's plea, upholds division bench ruling favouring SpiceJet
πŸ“ United Spirits says reports of CEO being summoned by Delhi police misleading
πŸ“ Microlender Aye Finance preps for IPO, to file draft papers by end October
πŸ“ Cipla Q1 net profit beats estimate, rises 17%
πŸ“ ITC to invest ₹20,000 crore over the medium term, says CMD Sanjiv Puri
πŸ“ Mercedes-Benz lowers margin goal for cars division after earnings drop
πŸ“ Japan's SBI Holdings and Franklin Templeton to set up asset management venture
πŸ“ USAID, Takeda Biopharma launch dengue prevention programme across India
πŸ“ Post global outage, CrowdStrike's $10 Uber Eats vouchers draws criticism
πŸ“ Mediatek aims for Indian automotive market, to replicate smartphone success

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