Economic Times
Business Standard
Ø Moody’s investor service confirms Tata Steel’s Ba2 rating outlook to negative
Ø Timely measures from central bank helped stabilize market: RBI
Ø Mideast loses $270 bn oil income amid virus
Ø Non-financial services sector takes a Covid hit
Ø Oaktree invests Rs 570 crore in realty developer M3M
Ø June retail inflation picks up to 6.09% y/y
Ø ITC Hotels declare partnership with Zomato
Ø Mumbai ITAT rules in favour of HSBC
Ø Equity seems to be losing its charm as long-term returns disappoint
Ø Indian industry welcomes UK govt's post-Brexit immigration regime
Ø RBI turns net purchaser of US dollar in May, buys $4.363 billion
Ø HDFC plans to seek shareholders' approval to raise Rs 45,000 crore
Ø Inflows into Jio limit fall in H1 PE/VC investments to 10% at $18.3 bn
Ø Adani Ports fund-raising plan of $1.25 bn draws negative rating outlook
Business Line
Mint
Ø India-EU Summit may take a fresh look at long-pending FTA
Ø Despite weak demand, steel firms hike prices by up to ₹750/tonne
Ø I-T Dept offers one-time relaxation for verification of last 5 years ‘e-filed’ returns
Ø Centre lifts export ban on textile raw materials for masks, coveralls
Ø Major fire mishap at Visakha Solvents's plant in Vizag Pharma City
Ø Tata Sons withheld info on its public deposits: Mistry
Ø PepsiCo reports double-digit volume decline in India beverage business
Ø Franklin Templeton Mutual Fund updates investors on six schemes under winding up
Ø Bombay High Court dismisses Zee Learn’s petition on moratorium on bonds
Ø Tax dept allows one-time verification of past income tax returns by Sep 2020
Financial Express
Deccan Chronicle
Ø Asset quality of banks in India, ASEAN economies to weaken due to COVID-19 crisis: Moody’s
Ø FTAs with EU, US, UK, Australia, Canada to help double apparel exports in 3 years: AEPC
Ø City Union Bank gets board’s approval to raise Rs 1,100 crore
Ø Sundar Pichai announces Google's Rs 75,000 crore fund for India's digital economy
Ø Glenmark Pharma cuts price of COVID-19 drug Favipiravir to Rs 75/tablet
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