🇮🇳Business News Headlines
Economic Times
Ø Bank of India plans to raise Rs 3,000 cr equity capital via QIP
Ø Hindalco has $2.5-3 billion capex plans for next 5 years: KM Birla
Ø Infosys becomes 4th most valued company in India to join $100 billion market cap club
Ø NSE-BSE bulk deals: CLSA Global, Copthall Mauritius sell stake in Chemplast Sanmar
Ø FPIs favour cement stocks on better volume visibility
Ø Sebi empanels 16 entities to conduct forensic audit
Ø MSCI CEO dismisses concerns Chinese stocks are ‘uninvestable’
Ø Govt mulls ways to let telcos pay AGR dues over 20 years
Ø Rajratan gains from tyre demand surge, import curbs
Ø Continuum Energy's founders keen to buy Morgan Stanley’s stake in firm
Ø Punjab & Sind Bank sets off accumulated losses of Rs 3,577 cr
Business Standard
Ø Adani Total Gas buys 50% stake in gas meter manufacturing firm
Ø Arvind Fashions raises Rs 439 crore from investors, promoters
Ø Govt decision on raising tariffs fails to unite telecom companies
Ø Eicher Board to meet over MD's salary as shareholders reject re-appointment
Ø GMR group unveils plans to modernise Nagpur Airport after HC ruling
Ø Unfreeze Zee Entertainment insider trading accounts: Bajaj Finance to Sebi
Ø FMCG market in India expands 37% in April-June quarter: Nielsen
Ø ITC to invest $2 billion across segments in medium-term, says MD
Ø NTPC commissions 15 MW floating solar capacity at Andhra's Simhadri
Ø ICRA revises GE Power India's outlook to negative from stable
Financial Express
Ø FinMin exploring insurance bonds as alternative to bank guarantees
Ø REITs, InvITs to be included in Nifty indices from Sep 30
Ø Govt mulls permitting foreign investment in LIC
Ø Chris Wood raises India weight by pruning China exposure; remains bullish despite lofty valuations
Ø Almost 52% IPO investors sold shares on listing day in Apr-Jul FY22
Ø NSE warns against unregulated derivative products
Ø Zomato invests over $100 million in Grofers
Ø FPIs pump in Rs 7,245 Crore in Aug
Economic Times
Ø Bank of India plans to raise Rs 3,000 cr equity capital via QIP
Ø Hindalco has $2.5-3 billion capex plans for next 5 years: KM Birla
Ø Infosys becomes 4th most valued company in India to join $100 billion market cap club
Ø NSE-BSE bulk deals: CLSA Global, Copthall Mauritius sell stake in Chemplast Sanmar
Ø FPIs favour cement stocks on better volume visibility
Ø Sebi empanels 16 entities to conduct forensic audit
Ø MSCI CEO dismisses concerns Chinese stocks are ‘uninvestable’
Ø Govt mulls ways to let telcos pay AGR dues over 20 years
Ø Rajratan gains from tyre demand surge, import curbs
Ø Continuum Energy's founders keen to buy Morgan Stanley’s stake in firm
Ø Punjab & Sind Bank sets off accumulated losses of Rs 3,577 cr
Business Standard
Ø Adani Total Gas buys 50% stake in gas meter manufacturing firm
Ø Arvind Fashions raises Rs 439 crore from investors, promoters
Ø Govt decision on raising tariffs fails to unite telecom companies
Ø Eicher Board to meet over MD's salary as shareholders reject re-appointment
Ø GMR group unveils plans to modernise Nagpur Airport after HC ruling
Ø Unfreeze Zee Entertainment insider trading accounts: Bajaj Finance to Sebi
Ø FMCG market in India expands 37% in April-June quarter: Nielsen
Ø ITC to invest $2 billion across segments in medium-term, says MD
Ø NTPC commissions 15 MW floating solar capacity at Andhra's Simhadri
Ø ICRA revises GE Power India's outlook to negative from stable
Financial Express
Ø FinMin exploring insurance bonds as alternative to bank guarantees
Ø REITs, InvITs to be included in Nifty indices from Sep 30
Ø Govt mulls permitting foreign investment in LIC
Ø Chris Wood raises India weight by pruning China exposure; remains bullish despite lofty valuations
Ø Almost 52% IPO investors sold shares on listing day in Apr-Jul FY22
Ø NSE warns against unregulated derivative products
Ø Zomato invests over $100 million in Grofers
Ø FPIs pump in Rs 7,245 Crore in Aug
NSE bans members from selling digital gold after Sebi flags concerns https://www.livemint.com/market/stock-market-news/nse-bans-members-from-selling-digital-gold-after-sebi-flags-concerns-11629892511135.html
Download mint app for latest in Business News - https://bit.ly/32XEfFE
Download mint app for latest in Business News - https://bit.ly/32XEfFE
mint
NSE bans members from selling digital gold after Sebi flags concerns
The direction came after capital markets regulator Sebi said that certain members are providing a platform to their clients for buying and selling digital gold
🇮🇳Business News Headlines
Economic Times
Ø Bank of India approves Rs 3,000 Cr QIP, sets floor price at Rs 66.19 per Share
Ø NSE-BSE bulk deals: Think India Opportunities Fund sells stake in Capacite Infraproject
Ø Sebi slaps Rs 6 Lakh fine on Capital First for disclosure lapses
Ø Belstar Microfinance to raise Rs 350 Crore via equity
Ø ReNew Power lists in US via SPAC, MCap hits $4.5bn
Ø Rakesh Jhunjhunwala picks up 1.6% in Canara Bank
Ø Infosys becomes 4th Indian company to touch $100 Billion m-cap
Ø Procter & Gamble Q4 Net Profit down 29% to Rs 49 Crore
Ø Delhivery acquires Spoton Logistics ahead of planned IPO
Ø Sequoia-backed beer maker Bira 91 plans fifth brewery before IPO
Ø Punjab & Sind Bank sets off accumulated losses of Rs 3,577 Cr
Business Standard
Ø Auditor flags Tata Steel Europe's ability to carry on as going concern
Ø Centre hikes sugarcane FRP to Rs 290/quintal; rules out raising sugar price
Ø SBI Balanced Advantage NFO gets Rs 12,000 Cr, best ever among active funds
Ø Sebi orders defreezing of bank, demat accounts, MF folios of Rana Kapoor
Ø Banks have been asked to create state-wise plans for north-east: FM
Ø NSE bans members from selling digital gold after Sebi flags concerns
Ø Bharti Airtel board to meet on August 29 to mull capital raising options
Ø Global investors wary about India, intrigued by retail buying: UBS
Ø Jeh Wadia quits 2 Wadia firms, exits boards of all listed group companies
Ø India's GDP likely to grow at 18.5% in Q1FY22: SBI report
Financial Express
Ø Infosys to set up new digital development centre in Canada
Ø Govt mulls bringing amendments in Budget session for direct listing of securities abroad
Ø Almost 52% IPO investors sold shares on listing day in Apr-Jul FY22
Ø 16 merchant bankers in race for managing LIC IPO
Ø Almost 52% IPO investors sold shares on listing day in Apr-Jul FY22
Ø NSE warns against unregulated derivative products
Ø Zomato invests over $100 million in Grofers
Ø FPIs pump in Rs 7,245 crore in August so far
Ø Sebi cuts Lock-in period for Promoters to 18 months post-IPO
Ø Panel aims to double manufacturing exports in 5 years, slash imports
Mint
Ø Future Retail appoints Sadashiv Nayak as CEO
Ø HDFC Bank offloads 2% stake in CDSL for ₹223 Cr
Ø Paytm allots 166 former and current employees shares before IPO
Ø RBI approves re-appointment of Sandeep Bakhshi as ICICI Bank CEO
Ø NHPC signs MoU with PFC to fund hydro projects, acquisition of Stressed Projects
Ø Domestic Air Travel Bookings pick up pace amid festive season
Ø Mumbai court allows restoration of Nirav Modi's confiscated properties to PNB
Ø RattanIndia to form Subsidiary for Drone Business
Ø Government to finalise Investment bankers for LIC IPO this week
Ø Bharti Airtel and Jio to gain from strong traction in FTTH Segment
Ø FMCG cos not worried about Monsoon Deficit
Economic Times
Ø Bank of India approves Rs 3,000 Cr QIP, sets floor price at Rs 66.19 per Share
Ø NSE-BSE bulk deals: Think India Opportunities Fund sells stake in Capacite Infraproject
Ø Sebi slaps Rs 6 Lakh fine on Capital First for disclosure lapses
Ø Belstar Microfinance to raise Rs 350 Crore via equity
Ø ReNew Power lists in US via SPAC, MCap hits $4.5bn
Ø Rakesh Jhunjhunwala picks up 1.6% in Canara Bank
Ø Infosys becomes 4th Indian company to touch $100 Billion m-cap
Ø Procter & Gamble Q4 Net Profit down 29% to Rs 49 Crore
Ø Delhivery acquires Spoton Logistics ahead of planned IPO
Ø Sequoia-backed beer maker Bira 91 plans fifth brewery before IPO
Ø Punjab & Sind Bank sets off accumulated losses of Rs 3,577 Cr
Business Standard
Ø Auditor flags Tata Steel Europe's ability to carry on as going concern
Ø Centre hikes sugarcane FRP to Rs 290/quintal; rules out raising sugar price
Ø SBI Balanced Advantage NFO gets Rs 12,000 Cr, best ever among active funds
Ø Sebi orders defreezing of bank, demat accounts, MF folios of Rana Kapoor
Ø Banks have been asked to create state-wise plans for north-east: FM
Ø NSE bans members from selling digital gold after Sebi flags concerns
Ø Bharti Airtel board to meet on August 29 to mull capital raising options
Ø Global investors wary about India, intrigued by retail buying: UBS
Ø Jeh Wadia quits 2 Wadia firms, exits boards of all listed group companies
Ø India's GDP likely to grow at 18.5% in Q1FY22: SBI report
Financial Express
Ø Infosys to set up new digital development centre in Canada
Ø Govt mulls bringing amendments in Budget session for direct listing of securities abroad
Ø Almost 52% IPO investors sold shares on listing day in Apr-Jul FY22
Ø 16 merchant bankers in race for managing LIC IPO
Ø Almost 52% IPO investors sold shares on listing day in Apr-Jul FY22
Ø NSE warns against unregulated derivative products
Ø Zomato invests over $100 million in Grofers
Ø FPIs pump in Rs 7,245 crore in August so far
Ø Sebi cuts Lock-in period for Promoters to 18 months post-IPO
Ø Panel aims to double manufacturing exports in 5 years, slash imports
Mint
Ø Future Retail appoints Sadashiv Nayak as CEO
Ø HDFC Bank offloads 2% stake in CDSL for ₹223 Cr
Ø Paytm allots 166 former and current employees shares before IPO
Ø RBI approves re-appointment of Sandeep Bakhshi as ICICI Bank CEO
Ø NHPC signs MoU with PFC to fund hydro projects, acquisition of Stressed Projects
Ø Domestic Air Travel Bookings pick up pace amid festive season
Ø Mumbai court allows restoration of Nirav Modi's confiscated properties to PNB
Ø RattanIndia to form Subsidiary for Drone Business
Ø Government to finalise Investment bankers for LIC IPO this week
Ø Bharti Airtel and Jio to gain from strong traction in FTTH Segment
Ø FMCG cos not worried about Monsoon Deficit
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Stocks may down or crash depends on factors, but if you are comfortable with business use as a opportunity rather tha threat.
Read and Learn then no need to listen to all news roaming around you. You can easily filter which news is relevant to you.
Stocks may down or crash depends on factors, but if you are comfortable with business use as a opportunity rather tha threat.
Read and Learn then no need to listen to all news roaming around you. You can easily filter which news is relevant to you.
🇮🇳Business News Headlines
Economic Times
Ø A Company can run as a 'Going Concern' in Liquidation : NCLAT
Ø MEIL hands over second oil rig to ONGC; to supply 21 more by 2022
Ø Sebi comes out with modalities for accredited investors
Ø Tata Sons FY21 Profit up over 2x on TCS buyback
Ø Few takers for restructuring 2.0 amid demand recovery: CRISIL
Ø Infosys Public Services bags legacy modernisation deal from Manitoba Public Insurance
Ø Auto parts industry may see 20-23 pc jump in revenue during current fiscal: Report
Ø HDFC Bank lists $1-Bn AT-1 Bonds on IFSC exchanges
Ø India's wearable market logs over 118% growth to 11.2 million units in Q2: IDC
Ø Advantage Club raises $1.7 Million from Y Combinator, Broom Ventures, others
Ø Sporjo raises Rs 14 Crore in funding at Rs 70 crore valuation
Business Standard
Ø India allows Boeing 737 MAX Aircraft to fly 30 months after global ban
Ø 165k unorganised workers registered on first day of e-Shram portal launch
Ø Blackstone to get access to ASK's pool of HNI clients, domestic debt market
Ø MIAL raises Rs 7,200 Cr via NCDs and foreign loans, refinances debt
Ø SAIL aims to bring down borrowings to Rs 20,000 Crore
Ø SpiceJet doubles frequency of Cargo flights to China
Ø Flipkart strengthens its supply chain network ahead of the festive season
Ø Google-backed Dunzo scales revenue 1.6x in FY21, reduces losses by 43%
Ø Nayara Energy achieves Financial closure for Petrochemicals expansion
Ø Lenovo expands local manufacturing capacity to meet rising customer demand
Ø ED cracks whip on NBFCs, fintechs over high-cost micro loans, shady deals
Ø Govt approves extension of terms of three MD-CEOs, 10 EDs of PSU Banks
Ø Barclays Bank Plc infuses Rs 3,000 Cr in India ops to bolster business
Financial Express
Ø De Beers embarks on Brand Transformation, Lab-Grade Diamonds to Lower Price points
Ø Strategic Sale of Neelachal Ispat Nigam likely in two months
Ø Meity Startup Hub, Paytm collaborate to launch programme to support deep-tech startups
Ø RBI extends PIDF Scheme to street vendors covered under PM SVANidhi in tier 1, 2 centres
Ø Trai recommends reducing levies on satellite services, cutting out intermediaries to lower cost
Ø Loan delinquencies materially increased in SME, retail segments; NPLs may jump 50% in 2 years: Moody’s
Ø FM discusses key areas of cooperation for supporting recovery of BRICS nations
Ø Hiring activity witnesses 4% Sequential Growth in July: Report
Ø Comm Min for extending Anti-dumping duty on melamine from China
Ø ESG bonds likely to top USD 10 bn this year: JP Morgan
Mint
Ø Govt directs Central institutions to fill up vacant faculty posts by Sep ’22
Ø RBI imposes monetary penalty on 2 co-op banks, 1 NBFC
Ø Axel Springer to Acquire Politico
Ø Supreme Court to begin limited Physical hearings from 1 Sept
Ø Poonawalla Fincorp Rating upgrades to AA+
Ø Auto component industry needs to invest more on R&D: Maruti chairman Bhargava
Ø CSR Credit has to be used in 3 years: MCA
Ø Yahoo shuts down news sites in India over new FDI Rules
Ø Indian Pharma Industry to surpass $60 billion in two years
Ø US Jobless claims rise but hold near Pandemic low
Economic Times
Ø A Company can run as a 'Going Concern' in Liquidation : NCLAT
Ø MEIL hands over second oil rig to ONGC; to supply 21 more by 2022
Ø Sebi comes out with modalities for accredited investors
Ø Tata Sons FY21 Profit up over 2x on TCS buyback
Ø Few takers for restructuring 2.0 amid demand recovery: CRISIL
Ø Infosys Public Services bags legacy modernisation deal from Manitoba Public Insurance
Ø Auto parts industry may see 20-23 pc jump in revenue during current fiscal: Report
Ø HDFC Bank lists $1-Bn AT-1 Bonds on IFSC exchanges
Ø India's wearable market logs over 118% growth to 11.2 million units in Q2: IDC
Ø Advantage Club raises $1.7 Million from Y Combinator, Broom Ventures, others
Ø Sporjo raises Rs 14 Crore in funding at Rs 70 crore valuation
Business Standard
Ø India allows Boeing 737 MAX Aircraft to fly 30 months after global ban
Ø 165k unorganised workers registered on first day of e-Shram portal launch
Ø Blackstone to get access to ASK's pool of HNI clients, domestic debt market
Ø MIAL raises Rs 7,200 Cr via NCDs and foreign loans, refinances debt
Ø SAIL aims to bring down borrowings to Rs 20,000 Crore
Ø SpiceJet doubles frequency of Cargo flights to China
Ø Flipkart strengthens its supply chain network ahead of the festive season
Ø Google-backed Dunzo scales revenue 1.6x in FY21, reduces losses by 43%
Ø Nayara Energy achieves Financial closure for Petrochemicals expansion
Ø Lenovo expands local manufacturing capacity to meet rising customer demand
Ø ED cracks whip on NBFCs, fintechs over high-cost micro loans, shady deals
Ø Govt approves extension of terms of three MD-CEOs, 10 EDs of PSU Banks
Ø Barclays Bank Plc infuses Rs 3,000 Cr in India ops to bolster business
Financial Express
Ø De Beers embarks on Brand Transformation, Lab-Grade Diamonds to Lower Price points
Ø Strategic Sale of Neelachal Ispat Nigam likely in two months
Ø Meity Startup Hub, Paytm collaborate to launch programme to support deep-tech startups
Ø RBI extends PIDF Scheme to street vendors covered under PM SVANidhi in tier 1, 2 centres
Ø Trai recommends reducing levies on satellite services, cutting out intermediaries to lower cost
Ø Loan delinquencies materially increased in SME, retail segments; NPLs may jump 50% in 2 years: Moody’s
Ø FM discusses key areas of cooperation for supporting recovery of BRICS nations
Ø Hiring activity witnesses 4% Sequential Growth in July: Report
Ø Comm Min for extending Anti-dumping duty on melamine from China
Ø ESG bonds likely to top USD 10 bn this year: JP Morgan
Mint
Ø Govt directs Central institutions to fill up vacant faculty posts by Sep ’22
Ø RBI imposes monetary penalty on 2 co-op banks, 1 NBFC
Ø Axel Springer to Acquire Politico
Ø Supreme Court to begin limited Physical hearings from 1 Sept
Ø Poonawalla Fincorp Rating upgrades to AA+
Ø Auto component industry needs to invest more on R&D: Maruti chairman Bhargava
Ø CSR Credit has to be used in 3 years: MCA
Ø Yahoo shuts down news sites in India over new FDI Rules
Ø Indian Pharma Industry to surpass $60 billion in two years
Ø US Jobless claims rise but hold near Pandemic low
🇮🇳Business News Headlines
Economic Times
Ø IDBI Bank Board okays divesting entire 19% Stake in ARCIL
Ø Telecom Sector FYQ4 AGR up 2% on-Quarter: TRAI
Ø Nazara acquires Skill Gaming Platform OpenPlay for Rs 186.4 Crore
Ø 10 Banks selected to manage LIC IPO
Ø India's forex reserves fell to $616.9 Billion as of August 20
Ø States' fiscal deficit to moderate to 4.1 pc of GDP in FY'22: India Ratings
Ø Bank Credit grows by 6.55%; Deposits by 10.58%
Ø Indiagold gets $12 Million funding from PayU, others as gold loans surge
Ø Amazon-backed Rivian seeks $70-80 Billion valuation in IPO: Report
Business Standard
Ø Fed Chair says taper could start in 2021, with no rush on rate hike
Ø Sebi bars Kotak AMC from launching FMPs for six months, imposes fine
Ø India, Australia aim to announce early harvest trade deal by December
Ø Berger Paints eyes Rs 10,000 Crore turnover in three years
Ø Mahindra Defence Systems bags Indian Navy contract worth Rs 1,349.95 Crore
Ø Grasim Industries to invest Rs 2,600 Crore in capex in FY22
Ø MCA is working to issue code of conduct for creditors under IBC: Verma
Ø Air travel sees recovery, hotels and travel firms see brisk weekend demand
Ø Internet users up nearly 4% to over 825 Million in Q4 of FY21: TRAI data
Ø Global iron ore production growth to average 3.6% between 2021-25
Ø RBI holds talks with SFBs on enhanced board oversight, risk management
Ø China tech rally ends on report of new IPO rules; Alibaba Group falls 3.9%
Ø Poor monsoon likely to hurt India oilseed, cotton output, says NCML
Financial Express
Ø UPPCL receives Rs 4,900 Crore loan from Power Sector lenders PFC-REC, clears generating companies’ overdues
Ø Investors asked to vote against JSPL plan to sell 96.42% in Jindal Power
Ø Indian Oil to invest Rs 1 lakh crore in next 4-5 years to boost refining capacity
Ø Animation, Gaming sector can help take services exports to USD 1 Trillion in next 10 yrs: Goyal
Ø US Court sets timelines for Cairn-India legal case
Ø Paddy planting down 1.23 pc so far due to deficit rains in some states
Mint
Ø Income Tax Dept detects ₹350 Cr unaccounted cash receipts after raid in Rajkot
Ø India administers record 1 Crore Covid vaccine doses on a single day
Ø M-cap of BSE-listed companies rises to record ₹243.73 Lakh Cr
Ø US consumer spending slows in July; monthly inflation moderates
Ø Govt launches QSim to aid quantum computing research in India
Ø OPEC+ seen sticking to planned output hike as oil prices rebound
Ø China plans to ban US IPOs for data-heavy tech firms
Ø India to shortly call green Hydrogen bids for 4 GW electrolyser capacity
Ø Reliance Life gets SEC nod for Clinical trials of 2-dose Covid-19 Vaccine
Ø Indian e-bike company EMotorad opens first Overseas Showroom in Dubai
Ø Global Crypto Funds’ AUM soars 57% in a Month to $55 Billion
Economic Times
Ø IDBI Bank Board okays divesting entire 19% Stake in ARCIL
Ø Telecom Sector FYQ4 AGR up 2% on-Quarter: TRAI
Ø Nazara acquires Skill Gaming Platform OpenPlay for Rs 186.4 Crore
Ø 10 Banks selected to manage LIC IPO
Ø India's forex reserves fell to $616.9 Billion as of August 20
Ø States' fiscal deficit to moderate to 4.1 pc of GDP in FY'22: India Ratings
Ø Bank Credit grows by 6.55%; Deposits by 10.58%
Ø Indiagold gets $12 Million funding from PayU, others as gold loans surge
Ø Amazon-backed Rivian seeks $70-80 Billion valuation in IPO: Report
Business Standard
Ø Fed Chair says taper could start in 2021, with no rush on rate hike
Ø Sebi bars Kotak AMC from launching FMPs for six months, imposes fine
Ø India, Australia aim to announce early harvest trade deal by December
Ø Berger Paints eyes Rs 10,000 Crore turnover in three years
Ø Mahindra Defence Systems bags Indian Navy contract worth Rs 1,349.95 Crore
Ø Grasim Industries to invest Rs 2,600 Crore in capex in FY22
Ø MCA is working to issue code of conduct for creditors under IBC: Verma
Ø Air travel sees recovery, hotels and travel firms see brisk weekend demand
Ø Internet users up nearly 4% to over 825 Million in Q4 of FY21: TRAI data
Ø Global iron ore production growth to average 3.6% between 2021-25
Ø RBI holds talks with SFBs on enhanced board oversight, risk management
Ø China tech rally ends on report of new IPO rules; Alibaba Group falls 3.9%
Ø Poor monsoon likely to hurt India oilseed, cotton output, says NCML
Financial Express
Ø UPPCL receives Rs 4,900 Crore loan from Power Sector lenders PFC-REC, clears generating companies’ overdues
Ø Investors asked to vote against JSPL plan to sell 96.42% in Jindal Power
Ø Indian Oil to invest Rs 1 lakh crore in next 4-5 years to boost refining capacity
Ø Animation, Gaming sector can help take services exports to USD 1 Trillion in next 10 yrs: Goyal
Ø US Court sets timelines for Cairn-India legal case
Ø Paddy planting down 1.23 pc so far due to deficit rains in some states
Mint
Ø Income Tax Dept detects ₹350 Cr unaccounted cash receipts after raid in Rajkot
Ø India administers record 1 Crore Covid vaccine doses on a single day
Ø M-cap of BSE-listed companies rises to record ₹243.73 Lakh Cr
Ø US consumer spending slows in July; monthly inflation moderates
Ø Govt launches QSim to aid quantum computing research in India
Ø OPEC+ seen sticking to planned output hike as oil prices rebound
Ø China plans to ban US IPOs for data-heavy tech firms
Ø India to shortly call green Hydrogen bids for 4 GW electrolyser capacity
Ø Reliance Life gets SEC nod for Clinical trials of 2-dose Covid-19 Vaccine
Ø Indian e-bike company EMotorad opens first Overseas Showroom in Dubai
Ø Global Crypto Funds’ AUM soars 57% in a Month to $55 Billion
🇮🇳Business News Headlines
Economic Times
Ø Finance Ministry extends last date for availing GST amnesty scheme till November 30
Ø Three hospital chains to raise up to Rs 6,300 Crore via IPOs
Ø Ease of doing business still cumbersome at Grassroot level: CII CEOs Poll
Ø IDFC First Bank aims to grow retail loan book growth by 25%
Ø Tata Steel to invest Rs 8,000 Cr in Capex on India ops in FY22: CEO
Ø RCF, NFL share sale by Dec, govt to get Rs 1,200 Cr
Ø MapmyIndia to file documents for $175 Million IPO on Monday
Ø OPEC+ could reconsider output increase, says Kuwaiti oil minister
Ø Indian Motorcycle expects to garner 25-30 pc share in India's premium motorcycle segment
Ø India's Coal import rises 50% to 19 Million Tonnes in June
Ø Dr Reddy's, Zydus Pharma recall products in US Market
Ø Baring Asia set to accept $3 Billion Carlyle offer for Hexaware
Business Standard
Ø Bharti Airtel board approves Rs 21,000 Crore Rights issue
Ø PayU aims to provide full-stack financial services to its customers
Ø KEC International to double civil business revenue to Rs 2,000 Cr in FY22
Ø Raymond Realty has expansion plans for several parts of Mumbai
Ø Lupin, Glenmark shift focus to inhalation and nasal Covid-19 Drugs
Ø Adani Electricity to roll out 700,000 Smart meters for Mumbai customers
Ø Air India asks US court to dismiss Cairn petition, says it is premature
Ø Rs 1.42-Trillion tied grant to villages for water, sanitation: 15th FC
Ø GIC Housing Finance's bad loans spike to 11.4% in Q1, solvency weakens
Ø Steel Industry to rebound strongly but MSMEs may trail: CRISIL SME Tracker
Ø China's Sinopec posts $6 bn profit on rebounding oil prices, better demand
Ø SpaceX launches Shipment of ants, avocados, robot to space station
Financial Express
Ø Industrial-warehousing spaces leasing in Jan-June up 31 pc in top 5 Cities : Report
Ø Start-up Culture now vibrant in India: PM Modi
Ø Proposed FTA with UAE to boost jewellery, chemicals, Engineering Exports : Exporters
Ø FinMin extends deadline for making payments under Vivad se Vishwas scheme till September 30
Ø FSDC meeting on Sep 3; to take stock of economy, financial sector
Ø FPIs net buyers in Aug, invest Rs 986 Cr in equities
Mint
Ø Centre plans to nudge NE states to restart output at ONGC wells
Ø Nazara eyes ₹100 Cr from real-money gaming biz
Ø Waaree set to file for ₹1,500 Cr Share sale
Ø Wipro invites job applications for freshers hiring programme
Ø ICMR to advance research on linkage of Covid-19 and Cancer
Ø Rlys follows up on PM's I-day address, floats tender for 58 Vande Bharat rakes
Ø Pensioners' body urges PM Modi to exempt pension from Income Tax
Ø Franklin to give ₹2,918.5 Crore to unitholders of Six debt MFs
Ø Nokia says telcos building pan-India 5G Capacity to boost Business Growth
Ø India extends ban on Scheduled International Flights till September-end
Economic Times
Ø Finance Ministry extends last date for availing GST amnesty scheme till November 30
Ø Three hospital chains to raise up to Rs 6,300 Crore via IPOs
Ø Ease of doing business still cumbersome at Grassroot level: CII CEOs Poll
Ø IDFC First Bank aims to grow retail loan book growth by 25%
Ø Tata Steel to invest Rs 8,000 Cr in Capex on India ops in FY22: CEO
Ø RCF, NFL share sale by Dec, govt to get Rs 1,200 Cr
Ø MapmyIndia to file documents for $175 Million IPO on Monday
Ø OPEC+ could reconsider output increase, says Kuwaiti oil minister
Ø Indian Motorcycle expects to garner 25-30 pc share in India's premium motorcycle segment
Ø India's Coal import rises 50% to 19 Million Tonnes in June
Ø Dr Reddy's, Zydus Pharma recall products in US Market
Ø Baring Asia set to accept $3 Billion Carlyle offer for Hexaware
Business Standard
Ø Bharti Airtel board approves Rs 21,000 Crore Rights issue
Ø PayU aims to provide full-stack financial services to its customers
Ø KEC International to double civil business revenue to Rs 2,000 Cr in FY22
Ø Raymond Realty has expansion plans for several parts of Mumbai
Ø Lupin, Glenmark shift focus to inhalation and nasal Covid-19 Drugs
Ø Adani Electricity to roll out 700,000 Smart meters for Mumbai customers
Ø Air India asks US court to dismiss Cairn petition, says it is premature
Ø Rs 1.42-Trillion tied grant to villages for water, sanitation: 15th FC
Ø GIC Housing Finance's bad loans spike to 11.4% in Q1, solvency weakens
Ø Steel Industry to rebound strongly but MSMEs may trail: CRISIL SME Tracker
Ø China's Sinopec posts $6 bn profit on rebounding oil prices, better demand
Ø SpaceX launches Shipment of ants, avocados, robot to space station
Financial Express
Ø Industrial-warehousing spaces leasing in Jan-June up 31 pc in top 5 Cities : Report
Ø Start-up Culture now vibrant in India: PM Modi
Ø Proposed FTA with UAE to boost jewellery, chemicals, Engineering Exports : Exporters
Ø FinMin extends deadline for making payments under Vivad se Vishwas scheme till September 30
Ø FSDC meeting on Sep 3; to take stock of economy, financial sector
Ø FPIs net buyers in Aug, invest Rs 986 Cr in equities
Mint
Ø Centre plans to nudge NE states to restart output at ONGC wells
Ø Nazara eyes ₹100 Cr from real-money gaming biz
Ø Waaree set to file for ₹1,500 Cr Share sale
Ø Wipro invites job applications for freshers hiring programme
Ø ICMR to advance research on linkage of Covid-19 and Cancer
Ø Rlys follows up on PM's I-day address, floats tender for 58 Vande Bharat rakes
Ø Pensioners' body urges PM Modi to exempt pension from Income Tax
Ø Franklin to give ₹2,918.5 Crore to unitholders of Six debt MFs
Ø Nokia says telcos building pan-India 5G Capacity to boost Business Growth
Ø India extends ban on Scheduled International Flights till September-end
🇮🇳Business News Headlines
Economic Times
Ø Maruti Suzuki to raise prices in September
Ø Maruti Suzuki output may fall further due to Malaysia lockdown
Ø Bharat Forge may sustain premium valuation amid higher revenue visibility
Ø ANMI expresses concern over T+1 settlement proposal
Ø Motilal Oswal sees 18% upside in freshly-debuted Clean Science
Ø Go Airlines gets Sebi nod for Rs 3,600 Crore IPO
Ø Ola picks banks for $1 Billion IPO, may file papers in October
Ø Telecom Tariff hikes are imminent: Nitin Soni, Fitch Ratings
Ø SBI to raise up to Rs 4,000 Crore via AT1 bonds
Ø Unitholders of Franklin’s six shut debt schemes to get Rs 2,918 Crore
Ø SSWL inks pact with Tata Steel Long Products to supply round bars
Business Standard
Ø Rakesh Jhunjhunwala-backed Rare Enterprises to invest in Syska LED
Ø NSE co-location case: Sebi slaps Rs 6 lakh fine on Parwati Capital Market
Ø Carlyle preferred bidder for Baring PE's Hexaware in $3 Bn deal: Report
Ø NTPC ups coal output, seeks to boost stocks to meet electricity demand
Ø Aluminium industry staring at 3-5 day coal inventory amid CIL's supply cut
Ø Airtel's fundraise to provide ammo for 5G, fortify position: Analysts
Ø India power-sector financier REC plans first loan using Libor heir
Ø Exports from SEZs up 41.5% to Rs 2.15 Trillion during Apr-June 2021
Ø L&T wins significant contracts for various businesses
Ø Moody's assigns B1(hyb) rating to Axis Bank's proposed AT-I capital bonds
Ø Depositors of stressed banks to get up to Rs 5 lakh back from Nov 30
Financial Express
Ø MapMyIndia plans Rs 1,200 Crore IPO
Ø Jindal Steel and Power seek shareholder nod to divest power biz
Ø FinMin extends deadline for making payments under Vivad se Vishwas scheme till September 30
Ø Economic resurgence: FDI equity inflows jump 168% in Q1
Ø Coal shortage drives spot power prices to record high of Rs 20 per unit
Ø Tracking investments: Ministries asked to move faster on PLI schemes
Ø Zomato invests over $100 Million in Grofers
Ø Sebi cuts lock-in period for Promoters to 18 months post-IPO
Ø ICICI bank files cheating case against Karvy Stock Broking Ltd
Mint
Ø New drone regulations wind in the sails for racers, hobbyists
Ø Amazon asks Sebi to order withdrawal of Future-RIL deal approval
Ø Shriram City looks to disburse up to ₹23,000 Cr in FY22
Ø RBI imposes Monetary penalty on 2 co-op banks, 1 NBFC
Ø NHPC signs MoU with PFC to fund hydro projects, acquisition of stressed projects
Ø Domestic air travel bookings pick up pace amid festive season
Ø FMCG earnings don’t paint a pretty picture of the economy
Ø Mumbai court allows restoration of Nirav Modi's confiscated properties to PNB
Ø Ixigo takes aim at MakeMyTrip with ₹1,600-crore IPO
Ø Jeh Wadia steps down from roles at more Wadia firms
Ø India's space-tech startups steering a rough ride
Ø China’s biggest Solar Giant is extending its Global reach
Economic Times
Ø Maruti Suzuki to raise prices in September
Ø Maruti Suzuki output may fall further due to Malaysia lockdown
Ø Bharat Forge may sustain premium valuation amid higher revenue visibility
Ø ANMI expresses concern over T+1 settlement proposal
Ø Motilal Oswal sees 18% upside in freshly-debuted Clean Science
Ø Go Airlines gets Sebi nod for Rs 3,600 Crore IPO
Ø Ola picks banks for $1 Billion IPO, may file papers in October
Ø Telecom Tariff hikes are imminent: Nitin Soni, Fitch Ratings
Ø SBI to raise up to Rs 4,000 Crore via AT1 bonds
Ø Unitholders of Franklin’s six shut debt schemes to get Rs 2,918 Crore
Ø SSWL inks pact with Tata Steel Long Products to supply round bars
Business Standard
Ø Rakesh Jhunjhunwala-backed Rare Enterprises to invest in Syska LED
Ø NSE co-location case: Sebi slaps Rs 6 lakh fine on Parwati Capital Market
Ø Carlyle preferred bidder for Baring PE's Hexaware in $3 Bn deal: Report
Ø NTPC ups coal output, seeks to boost stocks to meet electricity demand
Ø Aluminium industry staring at 3-5 day coal inventory amid CIL's supply cut
Ø Airtel's fundraise to provide ammo for 5G, fortify position: Analysts
Ø India power-sector financier REC plans first loan using Libor heir
Ø Exports from SEZs up 41.5% to Rs 2.15 Trillion during Apr-June 2021
Ø L&T wins significant contracts for various businesses
Ø Moody's assigns B1(hyb) rating to Axis Bank's proposed AT-I capital bonds
Ø Depositors of stressed banks to get up to Rs 5 lakh back from Nov 30
Financial Express
Ø MapMyIndia plans Rs 1,200 Crore IPO
Ø Jindal Steel and Power seek shareholder nod to divest power biz
Ø FinMin extends deadline for making payments under Vivad se Vishwas scheme till September 30
Ø Economic resurgence: FDI equity inflows jump 168% in Q1
Ø Coal shortage drives spot power prices to record high of Rs 20 per unit
Ø Tracking investments: Ministries asked to move faster on PLI schemes
Ø Zomato invests over $100 Million in Grofers
Ø Sebi cuts lock-in period for Promoters to 18 months post-IPO
Ø ICICI bank files cheating case against Karvy Stock Broking Ltd
Mint
Ø New drone regulations wind in the sails for racers, hobbyists
Ø Amazon asks Sebi to order withdrawal of Future-RIL deal approval
Ø Shriram City looks to disburse up to ₹23,000 Cr in FY22
Ø RBI imposes Monetary penalty on 2 co-op banks, 1 NBFC
Ø NHPC signs MoU with PFC to fund hydro projects, acquisition of stressed projects
Ø Domestic air travel bookings pick up pace amid festive season
Ø FMCG earnings don’t paint a pretty picture of the economy
Ø Mumbai court allows restoration of Nirav Modi's confiscated properties to PNB
Ø Ixigo takes aim at MakeMyTrip with ₹1,600-crore IPO
Ø Jeh Wadia steps down from roles at more Wadia firms
Ø India's space-tech startups steering a rough ride
Ø China’s biggest Solar Giant is extending its Global reach
🇮🇳Business News Headlines
Economic Times
Ø REC seeks Shareholders nod to raise up to Rs 85,000 Cr via bonds, debentures
Ø Maruti to hike prices third time this year as input costs pinch
Ø Bank of India announces closure of QIP issue; raises Rs 2,550 Cr
Ø Vijaya Diagnostics mobilises Rs 566 Cr from anchor investors
Ø RIL eyes billion-dollar REC buy for solar push
Ø NSE-BSE bulk deals: KKR Mauritius sells stake in Coffee Day Enterprises
Ø Ami Organics raises Rs 171 Crore from anchor investors ahead of IPO
Ø Ola IPO to hit the Street early 2022
Ø SBI to raise up to Rs 4,000 Crore via AT1 bonds
Ø Unitholders of Franklin’s six shut debt schemes to get Rs 2,918 Crore
Ø Chinese investment flows via hybrid route under lens
Business Standard
Ø IIFL Group case: Sebi refuses to lift capital market ban on 6 individuals
Ø OPEC+ committee expects oil market to return to surplus in 2022
Ø BSE StAR MF registers 14.1 Million transactions worth Rs 36,277 Cr in Aug
Ø Homegrown firm MapmyIndia files draft papers for IPO with Sebi
Ø Peak margin norms to hit market depth without impacting on trading volumes
Ø Airtel's fundraise to provide ammo for 5G, fortify position: Analysts
Ø India power-sector financier REC plans first loan using Libor heir
Ø Grasim Industries to invest Rs 2,600 Crore in capex in FY22
Ø Bharti Airtel clarifies on Google investment buzz
Ø Moody's assigns B1(hyb) Rating to Axis Bank's proposed AT-I capital bonds
Ø Airtel's Rs 21k-cr rights issue may open exit door for Voda Idea: Analysts
Financial Express
Ø Non-food bank credit grows at 6.2 per cent in July: RBI data
Ø Bank credit grows 6 per cent in June
Ø Kotak Bank to sell 20 cr shares of Airtel Payments Bank to Bharti Enterprises for Rs 294 cr
Ø Low-grade imports: DPIIT mulls quality control curbs for 45 more products
Ø Coal shortage drives spot power prices to record high of Rs 20 per unit
Ø Tracking investments: Ministries asked to move faster on PLI schemes
Ø Institutional shareholders voting against top brass’ resolutions in AGMs
Ø JSPL gets board approval to raise $1 bn
Ø Financial bids for BPCL after September
Ø NTPC Darlipali Thermal Power Station's Unit 2 to start commercial operation from Sep 1
Ø Rs 21K-cr rights issue: Fundraise to lower leverage, says Mittal
Mint
Ø Four Tesla models get green signal in India
Ø NCLT orders for attaching properties of Videocon promoters
Ø IT hiring in FY22 may cross peak on firm broad-based demand
Ø L&T’s IT arms drive valuations, but order inflows matter more
Ø NHPC signs MoU with PFC to fund hydro projects, acquisition of stressed projects
Ø GCPL stock appears to factor optimism adequately for now
Ø Policy harmonization will help our MSMEs create jobs
Ø Mumbai court allows restoration of Nirav Modi's confiscated properties to PNB
Ø Coal stocks with CIL adequate to meet power demand surge, says govt
Ø Higher prices, parts paucity may hit festive sales of autos
Ø India's space-tech startups steering a rough ride
Ø Economy recovers 20.1% in June quarter from a low base
Economic Times
Ø REC seeks Shareholders nod to raise up to Rs 85,000 Cr via bonds, debentures
Ø Maruti to hike prices third time this year as input costs pinch
Ø Bank of India announces closure of QIP issue; raises Rs 2,550 Cr
Ø Vijaya Diagnostics mobilises Rs 566 Cr from anchor investors
Ø RIL eyes billion-dollar REC buy for solar push
Ø NSE-BSE bulk deals: KKR Mauritius sells stake in Coffee Day Enterprises
Ø Ami Organics raises Rs 171 Crore from anchor investors ahead of IPO
Ø Ola IPO to hit the Street early 2022
Ø SBI to raise up to Rs 4,000 Crore via AT1 bonds
Ø Unitholders of Franklin’s six shut debt schemes to get Rs 2,918 Crore
Ø Chinese investment flows via hybrid route under lens
Business Standard
Ø IIFL Group case: Sebi refuses to lift capital market ban on 6 individuals
Ø OPEC+ committee expects oil market to return to surplus in 2022
Ø BSE StAR MF registers 14.1 Million transactions worth Rs 36,277 Cr in Aug
Ø Homegrown firm MapmyIndia files draft papers for IPO with Sebi
Ø Peak margin norms to hit market depth without impacting on trading volumes
Ø Airtel's fundraise to provide ammo for 5G, fortify position: Analysts
Ø India power-sector financier REC plans first loan using Libor heir
Ø Grasim Industries to invest Rs 2,600 Crore in capex in FY22
Ø Bharti Airtel clarifies on Google investment buzz
Ø Moody's assigns B1(hyb) Rating to Axis Bank's proposed AT-I capital bonds
Ø Airtel's Rs 21k-cr rights issue may open exit door for Voda Idea: Analysts
Financial Express
Ø Non-food bank credit grows at 6.2 per cent in July: RBI data
Ø Bank credit grows 6 per cent in June
Ø Kotak Bank to sell 20 cr shares of Airtel Payments Bank to Bharti Enterprises for Rs 294 cr
Ø Low-grade imports: DPIIT mulls quality control curbs for 45 more products
Ø Coal shortage drives spot power prices to record high of Rs 20 per unit
Ø Tracking investments: Ministries asked to move faster on PLI schemes
Ø Institutional shareholders voting against top brass’ resolutions in AGMs
Ø JSPL gets board approval to raise $1 bn
Ø Financial bids for BPCL after September
Ø NTPC Darlipali Thermal Power Station's Unit 2 to start commercial operation from Sep 1
Ø Rs 21K-cr rights issue: Fundraise to lower leverage, says Mittal
Mint
Ø Four Tesla models get green signal in India
Ø NCLT orders for attaching properties of Videocon promoters
Ø IT hiring in FY22 may cross peak on firm broad-based demand
Ø L&T’s IT arms drive valuations, but order inflows matter more
Ø NHPC signs MoU with PFC to fund hydro projects, acquisition of stressed projects
Ø GCPL stock appears to factor optimism adequately for now
Ø Policy harmonization will help our MSMEs create jobs
Ø Mumbai court allows restoration of Nirav Modi's confiscated properties to PNB
Ø Coal stocks with CIL adequate to meet power demand surge, says govt
Ø Higher prices, parts paucity may hit festive sales of autos
Ø India's space-tech startups steering a rough ride
Ø Economy recovers 20.1% in June quarter from a low base
🇮🇳Business News Headlines
Economic Times
Ø Indiabulls Housing to raise Rs 1,000 Cr via public issue of bonds
Ø Mahindra Passenger Vehicle sales up 17% in August
Ø NSE-BSE bulk deals: REC sells stake in National Hydroelectric Power Corporation
Ø SPARC seeks shareholders nod to raise up to Rs 1,800 Cr
Ø Vedanta board approves interim dividend of Rs 6,877 Cr
Ø LIC’s asset base goes past Rs 38 lakh crore in fiscal 2021
Ø Ami Organics raises Rs 171 Crore from Anchor investors ahead of IPO
Ø Ola IPO to hit the Street early 2022
Ø SBI to raise up to Rs 4,000 Crore via AT1 Bonds
Ø Unitholders of Franklin’s six shut debt schemes to get Rs 2,918 Crore
Ø GST collections for August at Rs 1.12 Lakh Crore
Business Standard
Ø Positive signals for India's Real Estate sector as Economy normalises
Ø OPEC+ sticks to agreed schedule for oil-production increases
Ø Sebi tweaks liquidity enhancement scheme for stock exchanges
Ø Homegrown firm MapmyIndia files draft papers for IPO with Sebi
Ø Need to have informed conversations on Savarkar, says FM Sitharaman
Ø Airtel's fundraise to provide ammo for 5G, Fortify position: Analysts
Ø India power-sector financier REC plans first loan using Libor heir
Ø Grasim Industries to invest Rs 2,600 Crore in capex in FY22
Ø Bharti Airtel clarifies on Google investment buzz
Ø Moody's assigns B1(hyb) rating to Axis Bank's proposed AT-I capital bonds
Ø Airtel's Rs 21k-Cr rights issue may open Exit door for Voda Idea: Analysts
Financial Express
Ø SBI raises Rs 4,000 Crore via AT-1 bonds at 7.72% coupon rate
Ø Zerodha gets Sebi’s in-principle nod to launch mutual fund biz
Ø Vijaya Diagnostic Centre IPO subscribed 30 pc on first day of offer
Ø SBI raises Rs 4,000 Crore via AT1 Bonds
Ø PGCIL seeks shareholders’ approval to raise up to Rs 6,000 Cr via bonds, debentures
Ø Tracking investments: Ministries asked to move faster on PLI schemes
Ø SaaS startups firming up plans for IPOs
Ø Easing G-Sec yields: SDL average 10-year yield falls to 9-week low
Ø Financial bids for BPCL after September
Ø NTPC Darlipali Thermal Power Station's Unit 2 to start commercial operation from Sep 1
Ø Rs 21K-cr rights issue: Fundraise to lower leverage, says Mittal
Mint
Ø ICICI Bank crosses ₹5 Trillion m-cap
Ø NCLT orders for attaching properties of Videocon promoters
Ø IT hiring in FY22 may cross peak on firm broad-based demand
Ø PV firms cut production due to semiconductor shortage
Ø NHPC signs MoU with PFC to fund hydro projects, acquisition of stressed projects
Ø 12 entities express interest in Yes Bank’s ARC proposal
Ø Policy harmonization will help our MSMEs create jobs
Ø Razorpay looks to raise up to $250 Mn, eyes $4 Bn valuation
Ø PI Industries’ investors draw comfort from CSM strength
Ø Higher Prices, Parts paucity may hit Festive sales of autos
Ø India's Space-tech Startups steering a rough ride
Ø Former Mahindra Electric MD & CEO joins Hinduja EV arm, Switch Mobility
Economic Times
Ø Indiabulls Housing to raise Rs 1,000 Cr via public issue of bonds
Ø Mahindra Passenger Vehicle sales up 17% in August
Ø NSE-BSE bulk deals: REC sells stake in National Hydroelectric Power Corporation
Ø SPARC seeks shareholders nod to raise up to Rs 1,800 Cr
Ø Vedanta board approves interim dividend of Rs 6,877 Cr
Ø LIC’s asset base goes past Rs 38 lakh crore in fiscal 2021
Ø Ami Organics raises Rs 171 Crore from Anchor investors ahead of IPO
Ø Ola IPO to hit the Street early 2022
Ø SBI to raise up to Rs 4,000 Crore via AT1 Bonds
Ø Unitholders of Franklin’s six shut debt schemes to get Rs 2,918 Crore
Ø GST collections for August at Rs 1.12 Lakh Crore
Business Standard
Ø Positive signals for India's Real Estate sector as Economy normalises
Ø OPEC+ sticks to agreed schedule for oil-production increases
Ø Sebi tweaks liquidity enhancement scheme for stock exchanges
Ø Homegrown firm MapmyIndia files draft papers for IPO with Sebi
Ø Need to have informed conversations on Savarkar, says FM Sitharaman
Ø Airtel's fundraise to provide ammo for 5G, Fortify position: Analysts
Ø India power-sector financier REC plans first loan using Libor heir
Ø Grasim Industries to invest Rs 2,600 Crore in capex in FY22
Ø Bharti Airtel clarifies on Google investment buzz
Ø Moody's assigns B1(hyb) rating to Axis Bank's proposed AT-I capital bonds
Ø Airtel's Rs 21k-Cr rights issue may open Exit door for Voda Idea: Analysts
Financial Express
Ø SBI raises Rs 4,000 Crore via AT-1 bonds at 7.72% coupon rate
Ø Zerodha gets Sebi’s in-principle nod to launch mutual fund biz
Ø Vijaya Diagnostic Centre IPO subscribed 30 pc on first day of offer
Ø SBI raises Rs 4,000 Crore via AT1 Bonds
Ø PGCIL seeks shareholders’ approval to raise up to Rs 6,000 Cr via bonds, debentures
Ø Tracking investments: Ministries asked to move faster on PLI schemes
Ø SaaS startups firming up plans for IPOs
Ø Easing G-Sec yields: SDL average 10-year yield falls to 9-week low
Ø Financial bids for BPCL after September
Ø NTPC Darlipali Thermal Power Station's Unit 2 to start commercial operation from Sep 1
Ø Rs 21K-cr rights issue: Fundraise to lower leverage, says Mittal
Mint
Ø ICICI Bank crosses ₹5 Trillion m-cap
Ø NCLT orders for attaching properties of Videocon promoters
Ø IT hiring in FY22 may cross peak on firm broad-based demand
Ø PV firms cut production due to semiconductor shortage
Ø NHPC signs MoU with PFC to fund hydro projects, acquisition of stressed projects
Ø 12 entities express interest in Yes Bank’s ARC proposal
Ø Policy harmonization will help our MSMEs create jobs
Ø Razorpay looks to raise up to $250 Mn, eyes $4 Bn valuation
Ø PI Industries’ investors draw comfort from CSM strength
Ø Higher Prices, Parts paucity may hit Festive sales of autos
Ø India's Space-tech Startups steering a rough ride
Ø Former Mahindra Electric MD & CEO joins Hinduja EV arm, Switch Mobility