Economic Times Ø Adani Group ropes in former Vedanta exec Satish Kumar for copper business Ø Maruti plans to invest up to Rs 18,000 crore for 10 lakh unit plant Ø Bank of Maharashtra fixes floor price at Rs 24.89 per share for Rs 2,000 cr QIP Ø Market capitalisation of BSE-listed firms touches record high; crosses Rs 233 lakh crore Ø Sustained deal momentum, revised guidance hint at stronger FY22 show by Infosys Ø Zomato IPO sails through on day 1, retail investors quota subscribed 2.65 times Ø Market Movers: High margin plan lifts ITC as Zomato hype drives Info Edge Ø ITC’s CMD Sanjiv Puri sees 47% jump in pay in pandemic year Ø IPO financing market flush as NBFCs raise record Rs 1.2 lakh crore Ø Mindtree's margin story remains intact: CEO Ø Oil prices drop after Saudi-UAE reach output compromise Business Standard Ø Banks may encounter legal hurdles in invoking personal guarantees Ø Zomato could get added to MSCI, FTSE indices by 2021-end: Analyst Ø MFs go on a shopping spree in June as market hits new highs Ø Tata Sons hires consultants for Air India due diligence Ø Big?banks expand share in corporate lending amid pandemic stress. Ø ITC diversifies tobacco into nicotine and derivatives for US vaping market Ø Rakesh Jhunjhunwala, wife settle Aptech insider trading case with Sebi Ø Flex-fuel engines: Roadmap, benefits and challenges for Indian auto sector Ø JSW Energy to seek shareholder approval to raise up to Rs 5,000 crore Ø India's June WPI inflation eases to 12.07% despite rise in fuel prices Financial Express Ø Cabinet okays scheme to provide Rs 1,624 cr over 5 years as subsidy to Indian shipping companies Ø CCEA clears realignment of Department of Animal Husbandry & Dairying schemes Ø Modi Govt increases Dearness Allowance for Central Government Employees, DR for pensioners Ø Indian EV industry welcomes incentives under new Maharashtra EV Policy 2021 Ø Rs 880 crore hidden money found: I-T department detects concealed income after survey on Quess Corp Ø S&P retains India’s rating, says recovery to gain pace in H2 Ø 42% NBFCs expect over 15 pc growth in AUM in FY2022: Icra survey Ø IL&FS expects to recover Rs 58,000 cr by March 2022 Ø Reliance Power gets shareholders' nod to issue of shares, warrants worth Rs 1,325 cr to RInfra Ø Burger King India launches a campaign for its new Stunner Menu Mint Ø Puducherry hikes liquor prices by 20% from tomorrow Ø Govt plans to introduce 17 bills in Monsoon session Ø India's gems and jewellery exports spurt by 92.37% to ?20,851 crore in June Ø NMDC board approves demerger of NMDC Steel. Ø Infosys beats TCS by a mile in Q1, but margin pressure rears its head Ø RBI bars Mastercard from issuing new debit, credit cards in India from 22 July Ø India IT spending expected to grow at 8% to $92.7 bn in 2021: Gartner report Ø Power demand in India expected to grow 6% in FY22: Icra. Ø Maharashtra government rolls out new EV policy. Ø ITC to enter boutique lifestyle hotel segment with new brand Storii Ø Indian aviation sector to touch 80% of pre-covid capacity in Q3: Morgan Stanley
