Business News Headlines
Economic Times
Ø TotalEnergies to acquire 25% interest in Adani New Industries to create world's largest green hydrogen ecosystem
Ø CCI approves BC Asia Investments' stake acquisition in IIFL Wealth Management
Ø Zerodha founder Nithin Kamath’s next mission: Consolidate dad’s portfolio
Ø Capital Small Finance Bank pays Rs 5.8 lakh to settle case with Sebi
Ø PNB Housing Finance to raise up to Rs 2,000 cr via bonds
Ø Bajaj Auto defers share buyback; Shekhar Bajaj steps down
Ø Irdai reduces solvency margin requirement for crop business; to unlock Rs 1,400 crore funds
Ø Industry tailwinds, deal pipeline to help Route Mobile achieve 40% growth in FY23: CEO
Ø RBI imposes monetary penalty on Urban Co-operative Bank, Budaun
Ø Asset quality worries completely unfounded: RBL Bank
Ø Embassy REIT distributes over Rs 5,800 crore to unitholders since listing
Ø NTPC to begin commercial operations of 15 MW solar capacity at Kawas Solar Project from midnight
Business Standard
Ø Tesla India policy exec quits after company puts entry plan on hold: Report
Ø WPI inflation in May accelerates to 15.88% on higher food prices
Ø LIC increases stake in Capri Global Capital, Hero MotoCorp and HUL
Ø Fitch sees another 100 bps policy rate hike by Dec, cites rising inflation
Ø Lots of interest in Metropolis, but we want a strategic fit: MD Ameera Shah
Ø IIFL Home Fin eyes IPO; looks to raise Rs 5,000 cr via direct assignment
Ø Ahmedabad-based Nandan Terry scraps IPO plans; withdraws draft papers
Ø Tata Steel unveils 7 mn pound green investment plan for UK steel tube mill
Ø BCCI walks away with Rs 48,390 cr in three-day IPL auction for media rights
Ø Refrigerator import ban, volume recovery can helfp Whirlpool stay cool
Financial Express
Ø Airlines to pay up to Rs 20,000 if denied boarding: DGCA
Ø Coinbase to reduce workforce by 18% as cryptocurrencies crash
Ø New tea marketing trends disrupt auction centre operations
Ø Drone segment gets off to a flying start in India
Ø IDBI Bank raises interest rates on retail term deposits by up to 25 bps
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 Bajaj Chetak EV Clocks 14,000 Unit Sales: 16,000 Bookings In The Pipeline
By: via @AlliesFin Serve Stock Market
