•India Says Front-Loading Fiscal Steps Will Help Revive Economy
• India’s May Oil Products Consumption Lowest in Nine Months
• India’s Olympic Body to Withdraw Contract With Apparel Sponsor
• India Increases Minimum Purchase Prices of Monsoon-Sown Crops
• India Cumulative Monsoon Rainfall 21% Above Normal June 9
• Scatec Joins European Peers Investing in India Renewables: BNEF
• Petronet Talking to Qatar for More LNG; Tellurian Deal Nixed
• Foreign Investors Buy Net INR38.4B of Indian Equities on Tuesday
• Foreigners Sell Net INR77B of India Equity Derivatives Wednesday
• Streets, rail tracks flooded in Mumbai as monsoon arrives with a bang: PTI
• RBI money printing should be last option, govt can consider Covid bonds: Subbarao: PTI
• BharatPe Acquires PAYBACK India, Mint Says
• Bata India (BATA): 4Q net income 294.4m rupees vs 376.1m y/y, revenue 5.9b vs 6.2b yr ago
• GAIL India (GAIL): To list Gas Pipelines via InvIT model, scraps spinoff plan; 4Q net income -37% y/y to 19.1b rupees, beats est. 18.3b
• MMTC Ltd. (MMTC): Says lenders led by SBI have approved its moratorium on loan, interest repayment
• Prestige Estates Projects (PEPL): Eyes Up to INR100b annual sales over next 3 yrs; 4Q office portfolio collection 97%-98%
• Tata Motors (TTMT): Says panel to meet June 14, on INR5b fund raising plan
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