Top Business Headlines
Making mutual fund choice: Multi-asset vs balanced advantage funds
Investors should pick between the two depending on their risk appetite and financial goal
 "Making mutual fund choice: Multi-asset vs balanced advantage funds")
L&T's Power Business wins EPC orders West Bengal Power Development Corp
The Power Transmission & Distribution Business of Larsen & Toubro will set up wet Flue Gas Desulphurization (FGD) systems for its thermal power plant at Sagardighi, West Bengal
 "L&T's Power Business wins EPC orders West Bengal Power Development Corp")
Torrent files urgent plea in SC against Hinduja plan for Reliance Capital
Company says insolvency tribunal approved plan when appeals against it are pending
 "Torrent files urgent plea in SC against Hinduja plan for Reliance Capital")
Edelweiss Financial Services to raise up to Rs 200 crore via NCDs
At least 75% of the funds raised will be used for the purpose of repayment/prepayment of interest and principal of existing borrowings of the company
 "Edelweiss Financial Services to raise up to Rs 200 crore via NCDs")
Dunzo seeks to raise $35 mn in rights issue at a $200 mn valuation
The ailing startup has heavily cut the scale of its quick-commerce operations to save cash over the past year
 "Dunzo seeks to raise $35 mn in rights issue at a $200 mn valuation")
Goodluck India to expand Defence & Aerospace wing by raising Rs 96 crore
Goodluck Defence and Aerospace Private Ltd will manufacture machinery for the defence and aerospace industry
 "Goodluck India to expand Defence & Aerospace wing by raising Rs 96 crore")
Vedanta close to raising $3 bn from JP Morgan, Standard Chartered: Report
The money will be used to escape default on Vedanta's upcoming payments
 "Vedanta close to raising $3 bn from JP Morgan, Standard Chartered: Report")
Business loans for startups and new businesses by the Indian government
Every business needs a loan to flourish and grow and the need is more if it is a new business or startup. The government has issued several loan schemes to help MSMEs. Check details below
 "Business loans for startups and new businesses by the Indian government")
RazorpayX Payroll enables payslip, reimbursement filing through Whatsapp
India's HR payroll software market is projected to reach $14.31 billion by 2030
 "RazorpayX Payroll enables payslip, reimbursement filing through Whatsapp")
Visa application startup Atlys raises $12 million in series A funding
Investment round led by Peak XV and Elevation Capital
 "Visa application startup Atlys raises $12 million in series A funding")
TotalEnergies close to investing $300 million in JV with Adani Green Energy
TotalEnergies holds a 19.75 per cent stake in Adani Green Energy and is the second largest shareholder after the promoters, who control about 56.27 per cent
 "TotalEnergies close to investing $300 million in JV with Adani Green Energy")
Burger King likely to sign deal with Coca-Cola; may end tie-up with Pepsi
Executives said that the deal will be formalised and announced by the end of next quarter
 "Burger King likely to sign deal with Coca-Cola; may end tie-up with Pepsi")
Myntra to introduce changes to its return policy, lower convenience fee
Myntra said that flat charge of Rs 199 to Rs 299 per order may impact user behaviour that is adverse to Myntra's business and is likely to affect not just high-return users but also their wider circle
 "Myntra to introduce changes to its return policy, lower convenience fee")
Nestle to sell 40 gm Maggi packets for Rs 10 to expand market share
Price points such as Rs 5 and Rs 10 are easier to remember and are perceived as being affordable by customers
 "Nestle to sell 40 gm Maggi packets for Rs 10 to expand market share")
Torrent pharma in advance talks with CVC Capital to buyout Cipla promoters
Torrent had reached out to several private equity (PE) funds, including Bain Capital to secure the necessary funds to buyout the promoter family of Cipla
 "Torrent pharma in advance talks with CVC Capital to buyout Cipla promoters")
Sebi's recent rules increase costs, compliance burden on companies
Companies are struggling to prepare themselves for the new regulations, some of which will take effect in a few months
 "Sebi's recent rules increase costs, compliance burden on companies")
Top headlines: Foxconn in talks for $200 mn plant in TN, Fed hikes rates
Business Standard brings you the top headlines at this hour
 "Top headlines: Foxconn in talks for $200 mn plant in TN, Fed hikes rates")
Top Headlines: Welfare schemes in poll-bound states, Q1FY24 results, more
Business Standard brings you the top headlines at this hour
 "Top Headlines: Welfare schemes in poll-bound states, Q1FY24 results, more")
Top headlines: Adani's bankers at Barclays cautious, Chandy passes away
Business Standard brings you the latest headlines at this hour
 "Top headlines: Adani's bankers at Barclays cautious, Chandy passes away")
Top headlines: India's outward FDI shrinks, HCL Tech to acquire ASAP group
Business Standard brings you the top headlines at this hour
 "Top headlines: India's outward FDI shrinks, HCL Tech to acquire ASAP group")
