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    Raymond Consolidates tools & Hardware

    Economic Times Ø REC gets shareholders' nod to raise up to Rs 85,000 cr via bonds, debentures Ø NTPC wins 1.9 GW solar projects under CPSU scheme Ø SpiceJet to resume Boeing 737 MAX flights from October 5 Ø Tata Group plans to bring all its airlines under a single entity Ø Reliance eyes stake in Glance InMobi in a $300-million deal Ø JSPL to start mining at Kasia mine within a month: Managing director V R Sharma Ø Indus Towers unlikely to benefit from relief package soon Ø HDFC Bank aims to double rural presence in 2 years Ø RBI imposes Rs 2 crore penalty on RBL Bank Ø Jio leads active wireless subscriber base, adds in July 6.1 million users: Trai data Ø Shriram Housing Finance explores acquisition to grow in size Business Standard Ø Govt intends to complete BPCL disinvestment by March-end: Company chairman Ø Oil Ministry mulls reinstating subsidised LPG prices, does survey Ø Raymond consolidates tools & hardware, auto parts biz into engineering biz Ø Coal shortage deepens in India amid plunging plant inventories Ø Govt to borrow Rs 5.03 trn in H2FY22 to fund revenue gap: Finance Ministry Ø Aditya Birla AMC eyes Rs 20,500 cr valuation in Rs 2,768 cr IPO Ø Godrej Consumer eyes double-digit growth in FY22, expansion across sections Ø Icra revises up India's fiscal 2022 GDP growth forecast to 9% Ø Govt will mandate flex-fuel engines in vehicles in next 3-4 months: Gadkari Ø Govt to extend existing foreign trade policy till March next: Goyal Financial Express Ø Basmati export prices looking up, amid drop seen in output Ø Sebi confirms ban on 5 persons in Zee insider trading case Ø Sebi releases revised risk management framework for MFs Ø Corporate shareholders of Finolex Cables call board meets ahead of AGM Ø Bond yields rise on sharp increase in oil prices Ø Commerce Ministry for imposing anti-dumping duty on pharma API from China Ø Godrej Consumer Products expects double-digit growth in FY'22 Ø Icra revises up India's fiscal 2022 GDP growth forecast to 9% Ø Financial bids for BPCL after September Ø Shorter settlement cycle is in interest of all market participants: Sebi chief Ø Trying to ease rules to make it easier for units to exit SEZs: Goyal Mint Ø Paint manufacturers may face disruption from chip shortage Ø Sebi proposes higher net worth for brokers to tackle possible risks Ø Merger mania is only part of the solution for asset managers Ø The Sony-Zee game plan for Indian Premier League Ø Sugar makers are in a sweet spot, but cane prices can be a bugbear Ø RBI push to independently set reverse repo rate draws flak Ø Oil India’s efforts to pare debt help boost investor sentiment Ø Chip shortage drives tech companies and car makers closer Ø Reliance Infra to use ?7,100 cr from DMRC arbitral award to repay debt' Ø Cognizant’s Humphries struggles to build stable leadership Ø Federal Bank partners with NPCI to launch credit card with lowest APR   Ø Tata Steel becomes 24th company to join Sea Cargo Charter to meet climate goals Ø HDFC Bank raises ?5,000 crore via bonds