Economic Times
Business Standard
Ø Wipro announces collaboration with Intel
Ø Business optimism slips to record low
Ø IBBI amends liquidation process norms
Ø RBI asks banks not to open current accounts for customers having cash credit, overdraft facilities
Ø ITC's food business crosses Rs 10,000 cr sales milestone in FY20, Rs 600 cr short of Britannia
Ø Ratings agency ICRA expects two-wheeler sales to decline 16-18 per cent in FY21
Ø LIC acquires close to 5% stake in YES Bank
Ø RBI holds rates amid rising inflation: Key announcements and takeaways
Ø RBI announces special liquidity facility of Rs 10,000 cr for Nabard, NHB
Ø IDBI Bank inks pact to divest 27% stake in insurance JV for Rs 595 cr
Ø HPCL reports 157% jump in June quarter's net profit at Rs 2,253 cr
Ø Novartis India Q1 net profit jumps over 5-fold to Rs 4.39 cr on price cuts
Ø Loan restructuring may only provide short-term respite to lenders
Business Line
Mint
Ø Vodafone Idea Q1 loss widens to ₹25,460 crore on AGR liabilities
Ø IEX opposes CERC’s key proposal in power market reforms
Ø Embassy Office Parks REIT posts 8% lower Q1 profits
Ø Whirlpool India Q1 profit falls 92% to ₹16 cr
Ø JK Tyre posts ₹204-crore net loss in Q1
Ø Torrent Power standalone Q1 net rises 33% to ₹366 crore
Ø Microsoft expands TikTok takeover ambitions to entire global business: Report
Ø Lupin signs exclusive pact for distribution of 2 complex injectable drugs
Ø Adani Electricity Mumbai sells shares worth ₹202 crore in Yes Bank
Ø Torrent Power Q1 profit up 35% at ₹374 cr
Ø IHCL Q1: Net loss of ₹280 crore, revenue of ₹ 175 crore
Financial Express
Deccan Chronicle
Ø RBI says protracted spread of COVID-19 poses downside risk to economy
Ø Jubilant FoodWorks enters FMCG space with launch of ready-to-cook sauces, pastes
Ø Abu Dhabi’s Etihad Airways posts $758 million in half-year losses
Ø Total, Adani to apply for petrol pump licence in India
Ø RBI increases gold loan-to-value ratio to 90%, interest rates unchanged
Ø Sensex ends 362 points higher after RBI policy, Nifty tops 11,200
Ø Fugitive merchant Nirav Modi's trial in UK will start in September.
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