News Headlines from Business News Agencies 29.05.2025

*Business Standard :*

 

📝 Industrial output growth dips to 2.7% in April, lowest in eight months

📝 Economists see global growth coming under strain; India story intact: WEF

📝 N Chandrasekaran to step down from Tata Chemicals; new Chairman appointed

📝 PayPal receives RBI nod to operate as cross-border payment aggregator

📝 IndiGo to launch first commercial flights from Navi Mumbai airport

📝 Practo expands to UAE, targets markets with large Indian diaspora

📝 Scoda Tubes IPO gets subscribed twice the offer size on Day 1 of share sale

📝 European businesses report record-low optimism in China: Survey

📝 Brazil sues China's BYD over worker trafficking, abuse at EV plant site

📝 Rooter revenue surges 120% to $10 mn in FY25 on strong commerce growth

📝 India's data centre sector may attract $20-25 bn in next 6 years: Colliers

📝 Opec+ to gather for quota review before key decision on July output

*Economic Times :*

📝 Cabinet hikes minimum support price of Kharif crops for 2025-26; ups paddy MSP by Rs 69 per quintal

📝 Nissan to invest €700 mn in India despite stake sale to Renault

📝 Power demand to grow at 6.5% CAGR over next 5 years: ICRA

📝 Cabinet gives nod to extend Modified Interest Subvention Scheme at 1.5% rate for FY26

📝 Agritech startup GROWiT raises $3 million in funding round led by GVFL

📝 Indel Money reports 52% growth in Assets Under Management and 10% profit increase

📝 Pernod Ricard to pass on price cut benefits to consumers after UK-India FTA

📝 Myntra secures Rs 1,063 crore funding from Singapore-based parent entity

📝 Microsoft, Yotta join hands to drive AI innovation in India

📝 ACME Solar commissions 1st phase of 26.4-MW wind energy project in Gujarat

📝 BC Jindal bags 150 MW round-the-clock project from SECI

*Mint :*

📝 BEML plans to develop light infantry vehicles, future-ready combat vehicles

📝 MSMEs must comply with quality standards, be more responsive: Consumer Affairs Secretary

📝 No plans to exit Indian market; company well entrenched in country: Nissan India MD

📝 Hero FinCorp gets Sebi approval to launch ₹3,668 crore IPO

📝 IndiGo appoints Vikram Singh Mehta as Chairman of Board

📝 Induslaw ties up with Europe's CMS as India opens legal sector to foreign firms

📝 Insolvency board revamps bankruptcy resolution reporting process

📝 PepsiCo India reports ₹884-cr profit in 2024 after shifting to calendar year

📝 TRAI initiates discussion on assignment of microwave spectrum in lower 6 GHz, E and V Bands

📝 Malabar Gold & Diamonds weighs entry into lab-grown diamond segment

📝 TCS CEO Krithivasans compensation rises 4.6 pc to ₹26.52 cr in FY25