Economic Times
Business Standard
Ø India's GDP to contract by 20%: Care Ratings
Ø DoT opposes resolution plan of RCom
Ø SCRI: India, Japan, Australia joining hands to counter China's supply chain dominance
Ø Cabinet okays increase in sugarcane FRP by Rs 10 to Rs 285/qtl for 2020-21
Ø Bombay High Court sets aside Yes Bank petition in Zee Entertainment case
Ø India takes on Asia’s forex hubs
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Ø Indians not just risk averse, stressed for income too, shows data
Ø National Payments Corp to take UPI, Rupay global through new subsidiary,
Ø Microfinance sector may see consolidation post Covid-19, say experts
Ø Banks may restructure Rs 8.4 tn loans as economy sputters: India Ratings
Ø Sistema Asia Fund sells its stake in Netmeds, exit is part of RIL deal
Business Line
Mint
Ø World trade registers historic 18.5% fall in Q2 of 2020, but slight recovery possible in Q3: WTO
Ø Centre relaxes working capital norm for discoms
Ø DPIIT to review royalty payments made to firms abroad
Ø Cabinet approves leasing of 3 AAI airports to Adani Enterprises
Ø IEX gets regulator’s nod for ‘green market’
Ø Novigo Solutions buys stake in Bengaluru-based Nyletech
Ø Apple becomes first US company to be worth $2 trillion
Ø Airtel, Voda Idea may file additional applications for 5G trials without Chinese
Ø Fixed broadband, digital investments must for sustained, growth: TRAI chief
Ø SBI prices the largest Tier 2 bond offering; raises ₹8,931 cr
Ø CCI clears Facebook’s WhatsApp for entering India’s payments space
Financial Express
Deccan Chronicle
Ø India can reach potential growth of 9% in 3 years: PwC India
Ø CSB Bank Q1 net more than doubles to Rs 53.6 cr
Ø L&T Finance exits CG Power and Industrial Solutions
Ø Dr Reddy's launches COVID-19 drug Avigan (Favipiravir)
Ø Reliance acquires majority stake in online pharmacy Netmeds
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