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
If You are unable to find book online then print out.
It is way cheaper than online books ๐
It is way cheaper than online books ๐
๐๐ One of my Viewers send me this Pic and told "Sir You are Earning $23K per Year".For all of them I am not earning that figure but soon it will surpass much more than that. My Job is to first create value, and YouTube is not my Only Source of Income. YouTube has provided me a platform to show my capabilities to explore and get prospects, who need knowledge ๐
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.
๐ฎ๐ณBusiness News Headlines
Economic Times
ร India maintains 43rd Rank on IMD's World Competitiveness Index
ร Rakesh Jhunjhunwala-backed Nazara Technologies to acquire gaming firm PublishMe
ร J&K Bank Q4 results: Lender posts Net Profit of Rs 316 Cr; highest quarterly profit since March 2014
ร Power Grid Q4 Results : Net Profit rises 6% to Rs 3,526 Cr
ร Dodla Dairy IPO Subscribed 3.3 Times on Day 2
ร Wipro IT Services to issue $750 Mn Dollar Denominated notes
ร Sugar Production up 13 % so far this marketing year at 307 Lakh ton; 58 Lakh ton Exports contracted
ร BharatPe FY21 revenue jumps over six times to Rs 700 Crore, Targets to double it in FY22
ร CCI clears proposed deal to acquire stake in Magma HDI General Insurance by 2 entities
ร Khadi sales decline 16% to Rs 3,527.71 Cr in 2020-21: MSME Ministry
ร Venturi Partners raises $100 Million towards first close of maiden fund
ร AI firm Sense raises $16 Million in funding
Business Standard
ร Flipkart, Amazon challenge Karnataka HC Order allowing CCI Probe
ร Television advertising resilient in May, volumes rise 64% YoY: BARC data
ร PE major Carlyle to sell 5.1% stake in SBI Cards on Friday
ร Top 5 Indian IT Companies to add over 96,000 Employees : Nasscom
ร Jet Airways shareholders reject FY19 and FY20 accounts ahead of NCLT ruling
ร Economy likely shrunk 12% in June quarter amid Covid-19 crisis: UBS
ร Reserve Bank of India focuses on the 10-year bonds in G-SAP again
ร FPIs in a bind over higher tax on interest income from REIT investments
ร Govt should provide Rs 3-trn stimulus to perk up domestic demand: CII
ร Microfinance loan book grows 10% sequentially to Rs 2.53 Trillion in Q4
ร Indians' funds in Swiss banks rise to over Rs 20k cr: Swiss central bank
ร Domestic air traffic plunges 63% MoM in May due to second wave: DGCA
ร Online Gaming industry to worth Rs 29,000 Crore by FY25, says KPMG
ร Oil marketing companies again resort to alternate day fuel price revision
Financial Express
ร Bad bank: Govt guarantee seen costing Rs 30,600 Crore
ร Coal India to start producing CBM from Jharkhand block
ร Demand for blue-collar jobs surged in April, May: Betterplace
ร Kotak Mahindra Life Insurance arm expects to incur up to Rs 275 Cr loss in June quarter
ร Microsoft names India-born CEO Satya Nadella as companyโs Chairman
ร IKEA enters Bengaluru with eCommerce and mobile shopping app
ร Iron Ore Exports : India puts an end to decades-old pacts with Japan, Korea
ร India puts on hold proposal to cut import duty on edible oils, say sources
ร Returned Rs 17,777 Cr to investors of 6 shuttered schemes: Franklin Templeton MF
ร India Pesticides Rs 800-Crore IPO opens June 23, firm soon to announce price band
Mint
ร Germany to allow entry to Vaccinated travellers from outside EU from Jun 25
ร Banks get raw deal as top bankruptcy resolutions see 80% Average haircuts
ร Govt plans indemnity for SII, other vax firms
ร Indian UHNIs to invest up to $30 bn in country's tech startups by 2025: Report
ร Max Financial promoters sell shares worth Rs783 Crore
ร Govt amends Cable TV rules, recognizes Self-regulatory bodies
ร Index publisher MSCI looking at launch of Crypto Indexes
ร Govt mulls Green Hydrogen obligation for refiners, fertilizers
ร Libas Consumer Products Enters into Arrangement with Matrimony.com
ร India extends $100-Mn Line of Credit to Sri Lanka to finance Solar Projects
ร Edelweiss General Insurance registers 49% Growth in FY21
Economic Times
ร India maintains 43rd Rank on IMD's World Competitiveness Index
ร Rakesh Jhunjhunwala-backed Nazara Technologies to acquire gaming firm PublishMe
ร J&K Bank Q4 results: Lender posts Net Profit of Rs 316 Cr; highest quarterly profit since March 2014
ร Power Grid Q4 Results : Net Profit rises 6% to Rs 3,526 Cr
ร Dodla Dairy IPO Subscribed 3.3 Times on Day 2
ร Wipro IT Services to issue $750 Mn Dollar Denominated notes
ร Sugar Production up 13 % so far this marketing year at 307 Lakh ton; 58 Lakh ton Exports contracted
ร BharatPe FY21 revenue jumps over six times to Rs 700 Crore, Targets to double it in FY22
ร CCI clears proposed deal to acquire stake in Magma HDI General Insurance by 2 entities
ร Khadi sales decline 16% to Rs 3,527.71 Cr in 2020-21: MSME Ministry
ร Venturi Partners raises $100 Million towards first close of maiden fund
ร AI firm Sense raises $16 Million in funding
Business Standard
ร Flipkart, Amazon challenge Karnataka HC Order allowing CCI Probe
ร Television advertising resilient in May, volumes rise 64% YoY: BARC data
ร PE major Carlyle to sell 5.1% stake in SBI Cards on Friday
ร Top 5 Indian IT Companies to add over 96,000 Employees : Nasscom
ร Jet Airways shareholders reject FY19 and FY20 accounts ahead of NCLT ruling
ร Economy likely shrunk 12% in June quarter amid Covid-19 crisis: UBS
ร Reserve Bank of India focuses on the 10-year bonds in G-SAP again
ร FPIs in a bind over higher tax on interest income from REIT investments
ร Govt should provide Rs 3-trn stimulus to perk up domestic demand: CII
ร Microfinance loan book grows 10% sequentially to Rs 2.53 Trillion in Q4
ร Indians' funds in Swiss banks rise to over Rs 20k cr: Swiss central bank
ร Domestic air traffic plunges 63% MoM in May due to second wave: DGCA
ร Online Gaming industry to worth Rs 29,000 Crore by FY25, says KPMG
ร Oil marketing companies again resort to alternate day fuel price revision
Financial Express
ร Bad bank: Govt guarantee seen costing Rs 30,600 Crore
ร Coal India to start producing CBM from Jharkhand block
ร Demand for blue-collar jobs surged in April, May: Betterplace
ร Kotak Mahindra Life Insurance arm expects to incur up to Rs 275 Cr loss in June quarter
ร Microsoft names India-born CEO Satya Nadella as companyโs Chairman
ร IKEA enters Bengaluru with eCommerce and mobile shopping app
ร Iron Ore Exports : India puts an end to decades-old pacts with Japan, Korea
ร India puts on hold proposal to cut import duty on edible oils, say sources
ร Returned Rs 17,777 Cr to investors of 6 shuttered schemes: Franklin Templeton MF
ร India Pesticides Rs 800-Crore IPO opens June 23, firm soon to announce price band
Mint
ร Germany to allow entry to Vaccinated travellers from outside EU from Jun 25
ร Banks get raw deal as top bankruptcy resolutions see 80% Average haircuts
ร Govt plans indemnity for SII, other vax firms
ร Indian UHNIs to invest up to $30 bn in country's tech startups by 2025: Report
ร Max Financial promoters sell shares worth Rs783 Crore
ร Govt amends Cable TV rules, recognizes Self-regulatory bodies
ร Index publisher MSCI looking at launch of Crypto Indexes
ร Govt mulls Green Hydrogen obligation for refiners, fertilizers
ร Libas Consumer Products Enters into Arrangement with Matrimony.com
ร India extends $100-Mn Line of Credit to Sri Lanka to finance Solar Projects
ร Edelweiss General Insurance registers 49% Growth in FY21