๐ฎ๐ณBusiness News Headlines
Economic Times
ร Former RBI Governor D Subbarao red flags rising income inequality
ร CG Power lines up Rs 135 Crore capital expenditure in current financial year
ร Coal India may announce 20-25% additional dividend on June 14
ร Axis Bank's stake in Max Life likely to rise to 20% in 12-18 months
ร Baba Ramdev's Ruchi Soya files FPO document to raise up to Rs 4,300 Crore
ร Exim Bank sees India's Q1 merchandise exports at $87.2 bn
ร IRDAI looking for agency to manage its grievance redressal centre
ร Discoms' outstanding dues to Gencos fall 11.2 per cent to Rs 81,628 crore in April
ร NTPC invites Global expression of interest for hydrogen fuel cell based pilot projects
ร Saint-Gobain eyes up to Rs 1,000 crore revenue from housing solutions business in 3 to 5 Years
ร Dropshop raises $1.3 Million in funding round led by Inflection Point
ร DeFi startup Instadapp raises $10 million in funding
Business Standard
ร Reliance Power to raise Rs 1,325 Cr from RInfra via preferential allotment
ร No plans to make vaccine as it requires separate infra: Sun Pharma
ร Edelweiss Financial plans to slash wholesale book by half to Rs 5,900 Crore
ร DHFL insolvency case: NCLT appoints panel to oversee resolution plan
ร Ministry of Defence allocates Rs 500 Cr for designing innovative products
ร Japan to start antitrust probe on Apple and Google, says report
ร G7 agrees to boost climate finance, plans to meet $100 bn a year target
ร IPO buzz on the Street as dozen finserv players line up Rs 55,000 cr issues
ร FPIs invest Rs 13,424 cr in June so far as Covid-19 Cases decline
Financial Express
ร Private ARCs moving to retail loans as national bad bank nearing reality
ร No cyber breach into NIC Email system: Govt
ร NBCC to submit project report on RINLโs 22-acre land in Vizag by June-end
ร Amway plans to invest Rs 170 Crore over 2-3 years in India
ร ITC to expand Welcomhotel brand to 25 Hotels
ร DLF targets 30 pc growth in sales bookings to Rs 4,000 Cr during FY22; to launch 8 mn sq ft area
ร IMF will explore options for re-allocating reserves to raise $100 billion for poor countries
ร Bank of Maharashtra plans to raise up to Rs 2,000 Cr through QIP
Mint
ร 9GW green contracts to be auctioned
ร LIC looks to raise up to โน25,000 Crore from anchor investors
ร UAEโs ADQ to invest $500 Million in Flipkart
ร Europe keeps aiding companies to avoid surge of Covid-19 insolvencies
ร Amazon India announces machine learning Summer School for engineering students
ร Airline Industry sees Long-term rebound for sector
ร RBI explores buying highly rated foreign Corp Bonds
Economic Times
ร Former RBI Governor D Subbarao red flags rising income inequality
ร CG Power lines up Rs 135 Crore capital expenditure in current financial year
ร Coal India may announce 20-25% additional dividend on June 14
ร Axis Bank's stake in Max Life likely to rise to 20% in 12-18 months
ร Baba Ramdev's Ruchi Soya files FPO document to raise up to Rs 4,300 Crore
ร Exim Bank sees India's Q1 merchandise exports at $87.2 bn
ร IRDAI looking for agency to manage its grievance redressal centre
ร Discoms' outstanding dues to Gencos fall 11.2 per cent to Rs 81,628 crore in April
ร NTPC invites Global expression of interest for hydrogen fuel cell based pilot projects
ร Saint-Gobain eyes up to Rs 1,000 crore revenue from housing solutions business in 3 to 5 Years
ร Dropshop raises $1.3 Million in funding round led by Inflection Point
ร DeFi startup Instadapp raises $10 million in funding
Business Standard
ร Reliance Power to raise Rs 1,325 Cr from RInfra via preferential allotment
ร No plans to make vaccine as it requires separate infra: Sun Pharma
ร Edelweiss Financial plans to slash wholesale book by half to Rs 5,900 Crore
ร DHFL insolvency case: NCLT appoints panel to oversee resolution plan
ร Ministry of Defence allocates Rs 500 Cr for designing innovative products
ร Japan to start antitrust probe on Apple and Google, says report
ร G7 agrees to boost climate finance, plans to meet $100 bn a year target
ร IPO buzz on the Street as dozen finserv players line up Rs 55,000 cr issues
ร FPIs invest Rs 13,424 cr in June so far as Covid-19 Cases decline
Financial Express
ร Private ARCs moving to retail loans as national bad bank nearing reality
ร No cyber breach into NIC Email system: Govt
ร NBCC to submit project report on RINLโs 22-acre land in Vizag by June-end
ร Amway plans to invest Rs 170 Crore over 2-3 years in India
ร ITC to expand Welcomhotel brand to 25 Hotels
ร DLF targets 30 pc growth in sales bookings to Rs 4,000 Cr during FY22; to launch 8 mn sq ft area
ร IMF will explore options for re-allocating reserves to raise $100 billion for poor countries
ร Bank of Maharashtra plans to raise up to Rs 2,000 Cr through QIP
Mint
ร 9GW green contracts to be auctioned
ร LIC looks to raise up to โน25,000 Crore from anchor investors
ร UAEโs ADQ to invest $500 Million in Flipkart
ร Europe keeps aiding companies to avoid surge of Covid-19 insolvencies
ร Amazon India announces machine learning Summer School for engineering students
ร Airline Industry sees Long-term rebound for sector
ร RBI explores buying highly rated foreign Corp Bonds
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๐ฎ๐ณBusiness News Headlines
Economic Times
ร Govt allows Remdesivir Exports under Licence
ร Shriram Transport Finance raises nearly Rs 2,000 Crore via QIP
ร Amara Raja to invest in Lithium-ion batteries, expand current biz verticals
ร Zydus Cadila gets USFDA Tentative nod for epilepsy treatment drug
ร JB Chemicals & Pharma Q4 Results: Net profit jumps two-fold to Rs 101 Cr
ร Satin Creditcare Network Q4 results: Company posts net profit of Rs 38 Cr
ร Oil prices rise to over 2-yr high as demand improves, supplies tighten
ร SBI Card raises Rs 500 Cr by issuing bonds
ร PE/VC investments fall in May to $3.6 Billion : Report
ร Retail inflation in May spikes to 6.3% due to higher food, Fuel Prices
ร GSK, iTeos to develop Cancer drug in up to $2 billion deal
ร Convosight raises $9 Million in funding from Qualgro, others
ร B2B marketplace Jumbotail raises Rs 35 Crore from Alteria Capital
ร Indian Overseas Bank urges RBI to pull the bank out of PCA Framework
Business Standard
ร RBI proposes to lift interest rate cap on microfinance institutions
ร InMobi's Glance enters influencer-led shopping with Shop101 Acquisition
ร Tata Digital-backed cult.fit rolls out vaccination drive for customers
ร JSW Cement enters construction chemical segment with green product category
ร Wholesale inflation soars to 12.94% in May on fuel price surge, low base
ร I-T Dept allows manual filing of tax forms for foreign remittance
ร Mobile prepaid recharge facility on BBPS by August-end, says RBI
ร Direct tax mop-up zooms 85% in spite of economic disruption due to Covid-19
ร Coal India Ltd final dividend to enrich govt by Rs 1,426 Crore
ร Finmin asks ministries to work out govt guarantee plan for FY'22
Financial Express
ร Goldi Solar aims to raise module making capacity to 2.5 GW by FY22 end
ร DLF expects high consumer interest for luxury residential, low-rise projects
ร ABSLI eyes 16-17% growth in individual business in FY22
ร Airtel, Ericsson demo over 1 GBPS throughput on live 5G trial network in Gurgaonโs Cyber Hub
ร B2B marketplace Flipkart Wholesale sees 3x jump in e-commerce adoption among kiranas in H1 2021
ร ADQ in talks to infuse $400-500 Mn in Flipkart: Sources
ร DGTR reviewing need for continued imposition of anti-dumping duty on ammonium nitrate from 3 Nations
ร Regulators to look into PNB Housing Finโs plan to raise Rs 4,000 Cr from Carlyle, other entities
Mint
ร Unemployment rate falls as states unlock
ร Apax Partners sells 11.41% stake in Zensar Technologies for โน760 crore
ร NATO leaders declare China a Global Security Challenge
ร Shyam Metalics IPO subscribed 1.23 times; Sona Comstar 11%
ร NBCC says its bid to buy Jaypee fully-backed by govt, assures timely possessions
ร EV Share in total two-wheeler volumes may rise to 10% by FY2025
ร Monsoon covers two-third of India earlier than usual, to accelerate crop sowing
ร Jana Small Finance Bank extends overdraft facility against FD for all customers
Economic Times
ร Govt allows Remdesivir Exports under Licence
ร Shriram Transport Finance raises nearly Rs 2,000 Crore via QIP
ร Amara Raja to invest in Lithium-ion batteries, expand current biz verticals
ร Zydus Cadila gets USFDA Tentative nod for epilepsy treatment drug
ร JB Chemicals & Pharma Q4 Results: Net profit jumps two-fold to Rs 101 Cr
ร Satin Creditcare Network Q4 results: Company posts net profit of Rs 38 Cr
ร Oil prices rise to over 2-yr high as demand improves, supplies tighten
ร SBI Card raises Rs 500 Cr by issuing bonds
ร PE/VC investments fall in May to $3.6 Billion : Report
ร Retail inflation in May spikes to 6.3% due to higher food, Fuel Prices
ร GSK, iTeos to develop Cancer drug in up to $2 billion deal
ร Convosight raises $9 Million in funding from Qualgro, others
ร B2B marketplace Jumbotail raises Rs 35 Crore from Alteria Capital
ร Indian Overseas Bank urges RBI to pull the bank out of PCA Framework
Business Standard
ร RBI proposes to lift interest rate cap on microfinance institutions
ร InMobi's Glance enters influencer-led shopping with Shop101 Acquisition
ร Tata Digital-backed cult.fit rolls out vaccination drive for customers
ร JSW Cement enters construction chemical segment with green product category
ร Wholesale inflation soars to 12.94% in May on fuel price surge, low base
ร I-T Dept allows manual filing of tax forms for foreign remittance
ร Mobile prepaid recharge facility on BBPS by August-end, says RBI
ร Direct tax mop-up zooms 85% in spite of economic disruption due to Covid-19
ร Coal India Ltd final dividend to enrich govt by Rs 1,426 Crore
ร Finmin asks ministries to work out govt guarantee plan for FY'22
Financial Express
ร Goldi Solar aims to raise module making capacity to 2.5 GW by FY22 end
ร DLF expects high consumer interest for luxury residential, low-rise projects
ร ABSLI eyes 16-17% growth in individual business in FY22
ร Airtel, Ericsson demo over 1 GBPS throughput on live 5G trial network in Gurgaonโs Cyber Hub
ร B2B marketplace Flipkart Wholesale sees 3x jump in e-commerce adoption among kiranas in H1 2021
ร ADQ in talks to infuse $400-500 Mn in Flipkart: Sources
ร DGTR reviewing need for continued imposition of anti-dumping duty on ammonium nitrate from 3 Nations
ร Regulators to look into PNB Housing Finโs plan to raise Rs 4,000 Cr from Carlyle, other entities
Mint
ร Unemployment rate falls as states unlock
ร Apax Partners sells 11.41% stake in Zensar Technologies for โน760 crore
ร NATO leaders declare China a Global Security Challenge
ร Shyam Metalics IPO subscribed 1.23 times; Sona Comstar 11%
ร NBCC says its bid to buy Jaypee fully-backed by govt, assures timely possessions
ร EV Share in total two-wheeler volumes may rise to 10% by FY2025
ร Monsoon covers two-third of India earlier than usual, to accelerate crop sowing
ร Jana Small Finance Bank extends overdraft facility against FD for all customers
Hari Om, when I start working with corporates and start reading to develop my knowledge. One thing I understand, company only take care of its "Investors" NOT "Employees".So develop any skills in which you are comfortable so that in future no need to "BEG".In Finance Field Cost Cutting means to fire ๐ฅ High level Employees not "Low" and "Mid-Level" whose salary is less and doing almost Most of the work to generate revenue.