The report claimed that the #EPFO data showed that Think and Learn Pvt Ltd, the parent company of #Byju’s, has not paid the PF money.

https://www.livemint.com/companies/news/tech-startup-byju-s-hasn-t-paid-epf-money-for-employees-months-report-11687764832231.html

#AdaniPower Limited successfully achieved commercial operations of its power plant located in Godda District in Jharkhand, the company said in its stock exchange filing.

https://www.livemint.com/companies/news/adani-power-commissions-thermal-plant-in-jharkhand-stock-up-2-85-percent-bangladesh-11687766437588.html

#RBI Governor Shaktikanta Das said that since the decision to withdraw ₹2,000 notes was announced, more than two-thirds of the total ₹2,000 currency notes in circulation have returned to the system.

Read here: https://www.livemint.com/news/more-than-two-thirds-of-rs-2000-notes-returned-within-1-month-of-withdrawal-rbi-11687688597124.html

Edtech unicorn #Byju’s has not deposited the provident fund (PF) money for most of its employees in FY24.

Read here: https://www.livemint.com/companies/news/tech-startup-byju-s-hasn-t-paid-epf-money-for-employees-months-report-11687764832231.html

Online retailing in the country may cross the levels of organized retail by 2030 as more Indians make their shopping decisions online, a new report said, though traditional retailing will remain dominant.

https://www.livemint.com/news/india/online-retail-in-india-to-surpass-organized-retail-by-2030-deloitte-report-says-11687715205339.html

"We continue to be watchful on the inflation front. We expect inflation to be at 5.1%t in #FY24, and we will continue to strive and get it down to 4%," said #RBI Governor Shaktikanta Das.

https://www.livemint.com/economy/rbi-will-strive-to-get-inflation-down-to-4-el-nino-a-challenge-for-food-inflation-shaktikanta-das-11687690311042.html

The Securities Appellate Tribunal (SAT) deferred hearing on Essel Group chairman Subhash Chandra and #ZEE MD and CEO Punit Goenka's plea.

https://www.livemint.com/companies/people/sat-defers-hearing-on-subhash-chandra-punit-goenkas-appeal-challenging-sebis-interim-order-till-27-june-11687770138653.html

The Employees Provident Fund Organisation (#EPFO) is likely to extend the deadline by three months for higher EPS pension, The Economic Times has reported citing sources.

https://www.livemint.com/money/personal-finance/epfo-likely-to-extend-deadline-to-apply-for-higher-pension-report-11687768823555.html

#MintSnapView | Modi’s visit to the US enhances #India’s geopolitical salience & improves global – not just American – business confidence in the Indian economy.

The specific deals that have been signed or promised reflect this reality.

Read here: https://www.livemint.com/opinion/online-views/modis-us-visit-underlines-india-s-growing-geopolitical-heft-11687766462905.html

The central government approved ₹56,415 crore in interest-free and long-term capital expenditure loans to 16 states for fiscal 2023-24 so far, the ministry of finance said in a statement.

https://www.livemint.com/economy/government-approves-rs-56-415-crore-interest-free-loans-to-16-states-for-capital-expenditure-in-202324-11687780129564.html

The Wall Street closed lower on Monday, as investors were wary of betting on riskier assets before seeing the outcome of #Russia's aborted weekend mutiny.

https://www.livemint.com/market/stock-market-news/global-markets-update-wall-street-slip-crude-gains-on-russia-tensions-rate-hike-worries-11687815250883.html

Private equity investors Blackstone Inc., BPEA EQT, CVC Capital Partners, & General Atlantic Service Co. Lp are competing to acquire Mumbai-based Indira IVF Hospital Pvt. Ltd amid rising demand for infertility treatments.

https://www.livemint.com/companies/blackstone-general-atlantic-2-other-pes-vie-for-indira-ivf-11687799697325.html

TCS has named a new head to oversee the hiring of temporary workers amid an internal probe into the bribes-for-jobs scandal that has led to the sacking of at least 15 executives & the blacklisting of eight staffing firms.

https://www.livemint.com/companies/tcs-names-new-head-of-hiring-amid-probe-11687799384687.html

BCCI is scrambling to find a new jersey sponsor and title partner after the exit of #Byju’s & #Mastercard Inc., even as costly advertising, new regulations, and a funding winter combine to depress sentiment.

https://www.livemint.com/companies/news/cloud-over-bcci-earnings-as-search-for-sponsors-continues-11687801320053.html

Amid gyrations, the 30-share blue-chip index breached a record 63000 points in November but struggled to maintain the momentum due to weak global cues.

https://www.livemint.com/market/stock-market-news/indian-markets-witness-strong-bull-run-as-sensex-touches-new-highs-adding-trillions-of-wealth-to-investor-kitty-11687795705940.html

Yevgeny Prigozhin, head of the #WagnerGroup, denied allegations of attempting to overthrow the Russian leadership in his first public statement since the reported mutiny.

https://www.livemint.com/news/world/wagner-chief-says-demonstrated-protest-never-intended-to-overthrow-the-government-11687827990288.html

#PersonalFinance | Corporate #FDs are popular among investors who want fixed returns that are slightly higher than what bank FDs give, even at a slightly higher risk.

However, just like FDs, interest payment on corporate FDs is fully taxable at your income tax slab rate, so factor in the post-tax returns.

Here's a list of corporate FDs that are rated AA & above.

#MintCharts | Indian #aviation sector has steadily veered towards a duopoly. In 2023 until May, #IndiGo and the #TataGroup accounted for 85% of domestic passenger traffic.

While IndiGo has been a perennial market leader, the identity and share of the second airline has changed. In 2019, the combined passenger share of the top two airlines (the second being #SpiceJet) was 62%. In 2014, this figure was 54%, the second being #JetAirways.

The first thing to know about people who shun retirement to work past age 80 is that they are probably busier, and possibly cooler, than you.

https://www.livemint.com/specials/the-reasons-more-people-are-working-in-their-80s-11687762117253.html

The Indian #rupee opened higher against the US dollar helped by gains in Asian currencies with the Chinese yuan's recovery.

https://www.livemint.com/market/stock-market-news/rupee-opens-7-paise-higher-at-81-97-against-us-dollar-11687837024363.html

#PersonalFinance | There are many institutions that help first-time woman borrowers with no credit history and informal sources of income.

Got a question? #AskMint

https://livemint.com/money/personal-finance/navigating-home-loans-for-informal-income-sources-and-staff-loans-tips-from-an-expert-11687798591376.html