News Headline from Leading Financial News Papers,
Friday, 10 June, 2022
• Wall Street drops as investor jitters climb before CPI data
• IIFL Finance's housing finance arm to raise Rs 2,200 crore investment from ADIA for 20% stake
• HDFC increases retail prime lending rate on housing loans by 50 bps
• With global GDP growth slowing, India becomes a very important market: TCS Chairman N Chandrasekaran
• CCI fines firms for rigging bids and cartelisation in Railways tenders
• Bajaj Auto board to consider share buyback on June 14
• RBI’s 50-bps repo rate hike: Make part-prepayment, increase EMI to keep your home loan interest outgo in check
• Banks to report borrowers not cooperating in audits
• DLF plans to invest Rs 3,000 crore over six years in retail push
• Uttar Pradesh steps up vigil, imposes section 144 in Kanpur, Lucknow
• GST to help revenue boost beyond budget estimates: Revenue Secretary Bajaj
• India lost $1.5 billion in 2020 by not taxing electronic transmissions
• Colgate expects higher agri prices to spur rural recovery
• Steel ministry backs industry's demand for export duty waiver on earlier orders
• Volkswagen bets on new models to boost sales of midsize sedans
• Seeking Rs 2,700 crore: DMRC invites bids from 18 banks to buy Airport Line assets
• Private 5G: Tech firms junk telcos' revenue loss theory
• Mobikwik seeks to raise $100 million after deferring planned IPO
• CRED joins Bharat BillPay ecosystem as key agent institution, to streamline bill-paying
• Jio-Bp, Omaxe partner to create EV charging & battery swapping infrastructure
• Apollo, Reliance are said to make binding offer for Boots
• Cement demand to increase, optimism in industry, Committed to a CAPEX of Rs 9,000 crore, says Dalmia Bharat
• Welspun Corp ropes in Tata Steel to develop 'framework' and manufacture for pipes for hydrogen transportation
• Zvolv to invest $3 million to scale up Middle East & North Africa operations
• Coal India issues maiden tender to import coal
• For FMCG companies, packaging is new pain point, even as commodity prices continue to rise
• Govt chalks out offshore wind bid timeline even as India’s power demand touches new high
• Businesses should avoid aggressive short-term reward-seeking culture: RBI Governor Shaktikanta Das
• Equity MFs continue to see positive momentum; Rs 18,529 crore inflow recorded in May
• India considers curbing fridge imports to boost local industry: Sources
• Crypto currencies yet to pass test of fiat currency: CEA Anantha Nageswaran
• Rupee hits fresh low against dollar as FIIs continue selling
• Raghuram Rajan says economic achievements, not nationalism, must reunite India
• Companies will regret leaving Russia: Vladimir Putin
• Ukraine war has thrown up fuel, food and fertiliser crisis: EAM Jaishankar
By: via @AlliesFin Serve Stock Market
