*Business News Headlines*
*Economic Times*
Ø TTK Prestige acquires 40% stake in Ultrafresh Modular Solutions
Ø S&P affirms 'BBB-' rating on ICICI Bank on improved asset quality
Ø TCS eyes non-metro offices to move closer to tech talent
Ø Pledged shares of Reliance Capital unit can’t be freed: Trustee
Ø Bajaj Auto board approves up to Rs 2,500 cr share buyback
Ø Reliance, PremjiInvest, CP Group, Swiggy look to bid for Metro India unit
Ø Bank of Baroda to raise Rs 5,000 crore via long-term infra bonds
Ø New duty makes iron ore pellet export unviable, prices to crash by 30%: Report
Ø Small steelmakers cheer input cost cut as big rivals fret over export duty
Ø Rice prices jump 10% in just five days on Dhaka duty cuts
Ø Improving monsoon lifts FMCG companies' hopes of rural consumption
Ø Finance Minister to release states' ranking for ease of doing business
*Business Standard*
Ø NMDC's steel plant sale may fetch enterprise valuation of up to $4 bn
Ø Airbus close to winning $5.5-bn order from Jet Airways: Report
Ø Recessions in advanced economies may help cool inflation in India
Ø Vedanta turns to LIC for Rs 5,000 cr as offshore borrowing gets costlier
Ø TVS to bet on electric vehicles; to come up with 5-25-kW products
Ø Indian banks to post larger increase in margins in FY23: Moody's
Ø Moody's upgrades Tata Steel's outlook to 'positive' from 'stable'
Ø PVR, Inox get SEBI nod for merger to create India's largest multiplex chain
Ø India now the fourth largest gold recycling country: World Gold Council
Ø Zomato's Blinkit acquisition may delay its road to profitability: Analysts
*Financial Express*
Ø HDFC Life urges Irdai to allow life insurers sell other financial products
Ø Credit card spends bounce back in May
Ø MSME can generate more profits from e-commerce, says MoS Verma
Ø FPIs’ exodus continues; pull out Rs 46,000 cr from Indian equities in June so far
Ø Sebi gives UPI payment option to invest in public issues of REITs, InvITs
Ø Delhivery doubles down on D2C sector with same-day delivery service
Ø Bank stocks attractive, says HDFC MF’s Prashant Jain; finds D-Street valuations reasonable now
Ø AMFI nod to MFs to resume subscription to overseas funds
Ø RBI extends card tokenisation deadline by 3 months till September
By: via @AlliesFin Serve Stock Market
