*Business News Headlines*
*Economic Times*
Ø Adani Enterprises lowest bidder in CIL import tender
Ø Bank of India scouting for buyers for ₹3,600 crore distressed loans
Ø No adverse observations from bourses for proposed merger, says HDFC Bank
Ø Sebi’s sustainability reporting rule ups demand for ESG tools
Ø Windfall tax could erode earnings of oil companies, refiners by 5-15%
Ø Tata Motors plans to sell half a million cars in FY-23, EV sales will cross one lakh units, says N Chandrasekaran
Ø RBI imposes Rs 1.05 cr penalty on Kotak Mahindra Bank
Ø Sebi seeks information on companies with high ratings via 'support structures'
Ø Titan says mid-term outlook for jewellery division positive, looking to expand Tanishq stores to global markets
Ø Shelly Kohli of Unilever set to join United Breweries to head its legal and compliance
Ø FMCG, electronic goods see lower sales in June vs May
Ø NTPC clocks 21.7 pc growth in power generation in June quarter
*Business Standard*
Ø June merchandise trade gap at record $25.6 bn, experts say CAD could double
Ø Tata Motors targets 5x rise in electric vehicle sales by end of 2023-24
Ø Hotels and restaurants can't levy service charge by default, says CCPA
Ø Govt mulls penalising companies for EV fire as voluntary recall begins
Ø HDFC Bank receives no objection letter from RBI for merger with HDFC
Ø RBI should intervene less, let rupee depreciate gradually: D Subbarao
Ø Maharashtra govt to soon reduce VAT on fuel, says CM Eknath Shinde
Ø Ukraine govt lays out $750-bn 'recovery plan' for postwar future
Ø Indian cryptocurrency exchange Vauld suspends withdrawals, trading
Ø Bajaj Auto starts share buyback worth Rs 2,500 crore at Rs 4,600 per share
*Financial Express*
Ø WABAG gets repeat order worth Rs 430 cr from RIL for Jamnagar desalination plant
Ø RBI imposes penalty on Kotak Mahindra Bank, IndusInd Bank
Ø LIC to invest Rs 80.67 crore in rights issue of its Nepal joint venture
Ø Sebi issues Rs 27 lakh recovery notice to individual in L&T Finance Holdings case
By: via @AlliesFin Serve Stock Market
