*Business News Headlines*
*Economic Times*
Ø Vedanta's committee of directors to consider raising up to Rs 4,100 cr via debentures
Ø Reliance signs JV with Plastic Legno, to acquire 40% in its toy manufacturing business
Ø Rakesh Jhunjhunwala sells 25 lakh shares of Delta Corp; stake falls to 6.2%
Ø HDFC merger has the blessings of PMO, RBI: Sashidhar Jagdishan
Ø Sula Vineyards plans IPO of upto Rs 1,400 cr
Ø Tea companies refuse to pick orders on high chemical content
Ø Govt collects Rs 1.41 lakh crore GST in May
Ø India cuts base import price of palm oil; raises soyoil price
Ø Concession period hiked to 45 yrs for proposed multi-modal logistics parks
Ø Lenders to consider loan settlement proposal of RFL: Religare
Ø Shareholders raise concerns over Dhanlaxmi Bank's financial health, rising expenses
Ø Global semiconductor shortage likely to last through 2023
*Business Standard*
Ø Zee can participate in IPL e-auction on its own, says MD Punit Goenka
Ø India's FMCG sector grows at 6% in Q4; volumes contract on low consumption
Ø Record renewable energy output helps India ease coal shortage in May
Ø IMD raises 2022 monsoon forecast to 103% of LPA on likely La Nina effect
Ø M&M reports over 200% surge in total sales at 53,726 units in May
Ø DGCA fines SpiceJet Rs 10 lakh for training pilots on faulty simulator
Ø Pvt refiners profit from cheap Russian crude, state refiners suffer
Ø PayMate India files papers with Sebi to raise Rs 1,500 cr through IPO
Ø Power sector crisis could become a drag on India's economic growth
Ø Thematic returns score over pure equity funds in past year, shows data
*Financial Express*
Ø NSE utilises Saas firm Qlik for managing compliance monitoring
Ø Sebi levies Rs 57 lakh fine on 6 entities for facilitating front running activities
Ø Passenger vehicle sales see muted growth, supply-demand mismatch may ring heavy for OEMs
Ø Adani Enterprises may enter Nifty 50 in next semi-annual index review, LIC could see Nifty next 50 inclusion
Ø JSW Steel to expand capacity to 36 mtpa, invest Rs 20,000 crore
Ø Individual settles case with Sebi in Religare
Ø Safety hazard: DGCA imposes Rs 10 lakh fine on SpiceJet for faulty training of Max aircraft pilots
Ø Sun Pharma reports Q4 net loss at Rs 2,277 cr
Ø Reliance Industries’s CSR spend in FY22 at Rs 1,185 crore
Ø Union Minister Piyush Goyal tells stakeholders to resolve cotton price issue
Ø High inflation rate in India and challenges being posed by it
By: via @AlliesFin Serve Stock Market
