Friday 4 June 2021

@AlliesFin Serve Stock Market's Post

Economic Times

 

Business Standard

Ø  India's unemployment rate at one year high in May; shoots up to 11.9% against 7.97% in April: CMIE

Ø  PLI scheme for telecom gear to make India a global manufacturing hub: Industry

Ø  Economy hit by COVID-19 second wave to start recovering from July, says Chief Economic Advisor

Ø  India's IDBI Bank secures USD 239 million debt judgement in UK High Court

Ø  Steel becomes costlier; companies hike rates by up to Rs 4,900/tonne in India

Ø  Marine products export dips nearly 11 per cent to USD 5.96 bn in FY21

 

Ø  Sebi increases overseas investment cap for individual MFs to $1 bn

Ø  ACME Solar to sell 50% stake in 900 Mw solar plant to Norway's Scatec

Ø  Britannia Industries to raise Rs 698.51 crore via bonus debentures

Ø  Manipal Group buys Vikram Hospital for Rs 350 cr in second deal this year

Ø  In talks with Pfizer, Moderna, J&J to make vaccines in India: Foreign secy

Ø  India's market capitalisation to GDP ratio at 115%; highest since 2008

Business Line

 

Mint

Ø  India, UK collaborate on industrial energy efficiency

Ø  Vedanta commissions oxygen plant in Tamil Nadu

Ø  Lupin to enter digital healthcare space in India

Ø  CCI approves acquisition of Avana, TFPL and Unifeeder

Ø  Tata Motors arm raises $425 m via unsecured notes

Ø  G-Sec market sees mild rally despite two papers devolving on PDs at the auction 

 

Ø  India to begin FTA negotiations with EU and UK by year-end

Ø  Reliance BP Mobility sets up 24 battery swap stations, to expand further

Ø  Underwriters save another India bond auction ahead of RBI policy

Ø  Saudis increase oil prices for Asia customers as market tightens

Ø  CBIC cuts tax on ship repair services

Financial Express

 

Business  World

Ø  Hiring activity improves sequentially in May: Report

Ø  India’s services sector activities slumps into contraction territory in May: PMI

Ø  HDFC Bank plans to become carbon neutral by 2031-32

 

Ø  TCS Targets Net-Zero Emissions By 2030

Ø  Sensex, Nifty Closes At High
By: via @AlliesFin Serve Stock Market

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