News Headlines from Business News Agencies:
Business Standard
• GE signs MoU with HAL to make fighter jet engines for Indian Air Force
• India to sign Artemis accord with US for space exploration
• L&T and DRDO sign contract to make AIP modules for Indian Navy submarines
• Fortis to sell Vadapalani hospital operations to Sri Kauvery Medical Care
• Rupee globalisation to spur easier trade with other nations: Ex-RBI dy guv
• Fitch raises India's GDP forecast to 6.3% for current fiscal year
• India, US launch defence acceleration ecosystem Indus-X
• Scotch consumption in India has doubled since 2020
• Carlyle to sell its entire 2.53% stake in logistics firm Delhivery
• Indian banks looking for a bigger stake in digital India via own QR codes
• Telecom regulator to meet OTT cos on action against phishing, spam calls
Economic Times
• Bank of England raises rates by 50 bps to 5%, highest since 2008
• Micron confirms up to $825 million investment in India chip facility
• Star Sports records 124 million viewers for ICC WTC Final match
• Ace Energy Infrastructure installs 3600-meter pipeline across Subansiri river in Assam
• Operational speed of metro trains on Airport Express Line increased to 110 KMPH: DMRC
• India’s office supply likely to touch 1 billion sq ft by 2030: Report
• Airtel, Jio to see robust FCF generation by FY27, helped by lower capex, strong Ebitda growth
• NIIF in talks to raise $244 million for infrastructure
• Prodapt aims to increase penetration in Big Tech space: CEO Harsha Kumar
• Maharashtra govt advises farmers to hold back kharif sowing
• MRVC invites international bids to procure 238 Vande Metro trains for Mumbai's suburban network
Mint
• L&T signs contract with DRDO for AIP systems
• Aditya Birla Sun Life MF cuts stake in Bayer CropScience by 2%
• Monsoon may gain momentum in next 3-4 days: IMD
• Need to improve sovereign debt restructuring process, says Janet Yellen
• Textile companies weaving a bright scenario for H2FY24
• Uber to sack 200 employees from its recruitment division
• Google and other tech companies accuse Microsoft of unfair practices in Cloud
• Zee Entertainment Enterprises settle case with Sebi
• Accenture fourth-quarter revenue forecast below expectations
• SEC Seeks More Disclosure From Smaller Banks in Wake of Failures
• BPCL Board to consider fund raising via rights Issue on June 28
• Gujarat Alkalies starts commercial production of purified phosphoric acid at Dahej Unit.
By: via Telegram.me/AlliesFin #StockMarket #india
