Business Headlines that trend

•’TV broadcasters hope ad revenues to bounce back in FY25, expect flat or degrowth in FY24

•Liquor demand still dull, could pick up soon: United Spirits

* Sovereign yield falls to near 1-year low post RBI’s dividend payout

•Panel to examine if nutraceuticals can be produced within drug unit

•LNG terminals get busier as imports balloon

•Govt revises wastage, input-output norms for gold, silver jewellery exports; industry ‘disappointed’

* ‘Mahindra set to electrify market with ‘miles over money’ in new e-car lineup

•UN chief Antonio Guterres condemns Israeli strike in Rafah, says ‘horror must stop’

•Cheaper 5G phones chip away at average prices

•Vodafone Idea’s tariff-hike gambit is a tricky tango

•Cheeni kum: The new sugar math to hit icecreams, cereals, and juices hard

•Awfis Space Solutions IPO subscribed 108.17 times on Day 4 so far, NII portion booked 129x

* India Inc’s debt repayment secure in FY24 amid declining insolvency cases: Kotak analysts

* Adani Energy Solutions to raise up to Rs 12,500 cr via QIP or other permissible mode

* ‘Sebi halves turnover of agri, agri-processed commodity futures needed to launch options

•Inox Wind block deal likely as promoter entity to sell up to 5% stake: CNBC-Awaaz

* Astrazeneca India Q4 net profit jumps 128% to Rs 39 cr, Rs 24 dividend declared

* Ontario Inc to sell 3.4% in Concord Biotech, deal size worth Rs 468.40 crore: CNBC-TV18

* GSM Foils IPO sees 63.8x subscription on Day 2; Vilas Transcore issue booked 7x

* FIIs sell shares worth Rs 541 crore, DIIs buy Rs 923 crore as Nifty, Sensex close flat

* LIC Q4 net profit rises marginally to Rs 13,762 cr, asset quality healthy; announces Rs 6 interim dividend

* Bulk deals: Plutus Wealth Management buys 6.38% in Nazara Technologies

* Ashok Leyland to launch a vehicle in each fuel-type in 2 years but EVs will lead the way: Chairman Dheeraj Hinduja

* Expect sales to grow faster than industry this fiscal: JLR India

* DLF MD upbeat about demand, price prospects, says company in a ‘virtuous cycle’

* HCLTech and Arm collaborate to develop custom silicon chips optimised for AI workloads

* Cochin Shipyard bags international order from North Star Shipping worth 60 million euros

* Aluminium should stabilise at around $2,400, says Hindalco MD Satish Pai

•Axiscades’ arm gets Rs 90 crore order from BEL

•Skoda Auto Volkswagen India manufactures over 1.5 mn vehicles at Pune facility

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