Business News Headlines
Economic Times
Ø Powell says Fed could hike rates by 0.75 again in July
Ø NBFC-MFIs gear up to raise equity as growth prospects return
Ø FPIs more bearish on equities than during first Covid jolt
Ø Hero MotoCorp-backed EV maker Ather Energy in talks with state govts to set up third manufacturing plant
Ø Fitch revises rating outlook on 9 banks
Ø India's diesel sales rise 48% in first two weeks of June
Ø Jio-bp to power Zomato's 100% electric vehicle fleet
Ø JSW Steel crude steel production in May jumps 31 per cent
Ø RBI imposes monetary penalty on Urban Co-operative Bank, Budaun
Ø Metropolis is gearing up to serve a larger segment of consumers: Ameera Shah, MD
Ø IPL media rights: BCCI takes home record Rs 48,390 crore
Ø Bullish on Indian market, "absolutely" compliant with local laws: Amazon India senior exec
Business Standard
Ø France's Airbus close to clinching Air India deal for 50 A350 aircraft
Ø Expect telcos to buy spectrum worth Rs 1 trn-Rs 1.1 trn in 5G auction: Icra
Ø Fitch revises outlook on domestic lenders to 'Stable', affirms IDRs
Ø Sugar mills foresee output spike, want 8 mn tonne OGL exports next season
Ø Lots of interest in Metropolis, but we want a strategic fit: MD Ameera Shah
Ø Indian Hotels' Taj ranked world's strongest hotel brand by Brand Finance
Ø Ashok Leyland arm Switch Mobility to raise $300 mn, unveils e-bus platform
Ø Tata Steel unveils 7 mn pound green investment plan for UK steel tube mill
Ø Irdai working group recommends relaxing investment norms for insurers
Ø COAI names Reliance Jio's Pramod Mittal as Chairperson for 2022-23
Financial Express
Ø Viacom18 invests in digital with IPL
Ø PhonePe prepping for IPO, seeks valuation of $8-10 billion
Ø New tea marketing trends disrupt auction centre operations
Ø Yes Bank seeks shareholders’ nod for raising up to Rs 10,000 crore debt capital
Ø Indian Railways to invest Rs 50 crore in startups annually; innovators to retain their IPR
Ø Schneider Electric revamps IT partner programme for SME partners to hone skills, co-develop solutions, more
Ø Bank stocks attractive, says HDFC MF’s Prashant Jain; finds D-Street valuations reasonable now
Ø Capital Small Finance Bank pays Rs 5.8 lakh to settle case with Sebi
Ø Realtors worry more about input price increase than interest rates
By: via @AlliesFin Serve Stock Market
