The Lucknow Tribune Business Track: April 20, 2024

Top Business headlines

* Noida’s Trident Realty raises Rs 1.2k cr through sale of assets

* Offer-for-sale for Hindustan Zinc likely in three months, says CEO

* ‘After a record 2023, box-office kitty may decline this year’

* Banks mull options on using iris scans for verifying transactions

* ABFRL to raise Rs 2500 crore after dermerging Madura business into new separate listed entity Aditya Birla Lifestyle Brands

* Tatas seek waiver from RBI to skip Tata Sons IPO: Report

* Ola Cabs plans $500 mn IPO, to appoint banks: Report

•Bank credit surges 16% in fiscal year, marks fastest growth in a decade

* Mobile makers bet on higher exports to grow

* Forecast of good monsoon brightens farm prospects

* In fight against online frauds, banks moot syncing systems with MHA’s cybercrime portal

* Adani Group releases Rs 26,500 crore pledged shares in FY24

* Motilal Oswal soars to 52-week high on first-ever plan to issue bonus shares

* Expect margins to be stable in the coming quarters: HDFC Life MD & CEO

* Canara Bank fixes record date of May 15 for stock split

* Vodafone Idea FPO booked 49% on Day 2, QIBs in lead

* Jio Financial Services Q4 results: Net profit at Rs 310 crore, NII at Rs 280 crore

* Wipro’s consulting business Capco sees “green shoots”

* Sebi moots call auction for better price-discovery of investment and holding cos

* Infosys Q4 FY24: Disappointment continues except for strong order bookings

* ‘NTPC Green Energy inks pact with Indus Towers to develop renewable energy projects

•Inox Wind bags repeat order for 210 MW wind project from Hero Future Energies

* Bajaj Auto aims to make 10,000 Triumph units a month by September, CFO says

* Dixon subsidiary Padget Electronics ties up with Longcheer for smartphone production

* Deepak Fertilisers arm partners with Israeli group

* NBCC to set up shadow lender to help save over $100 million

* InterGlobe, Archer Aviation plan electric air taxis in India in early 2026

* Cipla gets Rs 1.83 crore penalty for claiming inadmissible transitional credit on education cess

* ‘Yes Bank co-founder Rana Kapoor gets bail in bank fraud case; to walk out of jail after four years

* ABFRL board approves Madura Fashion business demerger into separate listed entity

* Indo Count acquires US-based Wamsutta brand for Rs 86 crore

* Air India to soon have new crew management system

* Arbitrator rejects Sterlite Tech’s Rs 145 crore claim against BSNL

----------------------------------------------------------------------
-----------------------------------------------------------

Related posts