Business Standard - January 20, 2023
Business Standard - January 20, 2023
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In this issue
January 20, 2023
HUL Q3 net beats estimates, royalty to parent bumped up
FMCG major cautiously optimistic on commodity prices in the near term
2 mins
SC turns down Google's plea on CCI penalty
Firm gets 7 days to deposit 10% of ₹1,337.7-cr fine
2 mins
PhonePe raises $350 mn, now bigger than Swiggy, Paytm
Joins decacorn club as most valued fintech after topping $12-billion valuation in new funding
2 mins
Vedanta to sell its foreign zinc assets to HZL for $2.98 billion
Hindustan Zinc's Q3 net profit drops 20% on lower output, prices
1 min
Sun Pharma to acquire Concert for $576 mn
Deal size could expand to $827 mn if additional milestone-based payments are made
2 mins
Iffco, Amul, 3 others to promote exports of new co-op society
The society will focus on exporting the surpluses of the cooperative sector and scout for new markets
2 mins
Exporters feel the heat of govt curbs on gold imports
A 75 percent dip in gold imports in December, triggered by government's efforts to curb non-essential imports, led to contraction in India's overall imports for the first time in 25 months, while a resultant supply constraint of gold contributed to a 15 percent decline in gems and jewellery exports.
2 mins
Tata Boeing JV delivers 1st fuselage for Army
Tata Boeing Aerospace (TBAL), a Hyderabad-based joint venture (JV) between Tata Advanced Systems (TASL) and The Boeing Company, delivered on Thursday the first fuselage for six AH-64 Apache attack helicopters ordered by the Indian Army.
1 min
Paddy procurement touches record high
The Chhattisgarh government has procured over 10 million tonnes (mt) of paddy at minimum support price (MSP) for the first time.
1 min
Reversing Covid-era excesses: Big Tech braces for more sackings, dismal profits
Large US technology firms expected to announce layoffs, cut costs through the next few months, say
1 min
New Zealand premier quits, cites burnout
New Zealand Prime Minister Jacinda Ardern announced she is stepping down in a shock resignation ahead of a election later general this year.
1 min
Wealthy Indians reporting lower income, paying less tax, finds out DSE study
A study by the Delhi School of Economics (DSE) has found that the wealthier a household, the lesser the income reported by it relative to its wealth.
3 mins
In season of layoffs, social networks help reduce anxiety
Empathy on sites like LinkedIn and a market that is still hiring soften the blow
3 mins
Shares of Adani Enterprises fall after FPO pricing, down 4%
ISSUANCE OF PARTLY PAID SHARES TO QUEER PITCH FOR ARBITRAGE TRADERS. FIRM SAYS NO AMBITIONS IN TELECOM; HAS PLANS TO ENTER WATER SEGMENT
2 mins
Business Standard Newspaper Description:
Publisher: Business Standard Private Ltd
Category: Newspaper
Language: English
Frequency: Daily
Business Standard is India's leading business daily.
A preferred choice of serious business readers, Business Standard is acknowledged as a quality leader.
Business Standard stands for reporting that stresses accuracy and credibility, commentary that is informed, independent and fair, and journalism that is rooted in ethical conduct and defined by a sacrosanct bond with the reader. All Business Standard journalists sign on to a code of conduct that is available on the website.
Business Standard's editorial team is led by Shyamal Majumdar.
The English newspaper is published from 12 centers - New Delhi, Mumbai, Kolkata, Bengaluru, Chennai, Ahmedabad, Hyderabad, Chandigarh, Lucknow, Pune, Kochi and Bhubaneswar. It is also printed from Bhopal.
The Hindi Business Standard is published from eight centres - New Delhi, Mumbai, Kolkata, Patna, Lucknow, Bhopal, Chandigarh and Raipur.
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