*Economic Times* Ø ITC Group's earning from foreign exchange in FY'21 up 29% Ø Reliance's O2C, new energy business may be valued over $100 billion Ø Automobile exports recover in Q1 as pandemic situation improves globally Ø Pandemic no equaliser in auto sector as demand recovery falters Ø FPIs pull out Rs 4,515 cr from Indian equities so far in July Ø M-cap of 6 out of top 10 domestic firms soars over Rs 69,611 cr Ø NPCI in talks to take UPI, RuPay to global markets Ø Discoms' outstanding dues to gencos fall 15.25% to Rs 82,305 cr in May Ø OMCs pause petrol, diesel price hike on Sunday Ø Mindtree's margin story remains intact: CEO Ø Shree Cement Pune plant to commission in September *Business Standard* Ø Rossari to acquire Tristar Intermediates at enterprise value of Rs 120 cr Ø Analysts expect 'muted' June qtr for telcos amid lower subscriber additions Ø RIL's retail business likely to grow 3x in next 3-5 years: Report Ø Adani group rejigs airport business leadership, names execs for new roles Ø Oil Ministry authorises new companies to sell auto fuels in the country Ø Q1 earnings to guide equity markets in holiday-shortened week say analysts Ø BSNL narrows consolidated loss to Rs 7,441 crore in FY 2021: Official Ø Flex-fuel engines: Roadmap, benefits and challenges for Indian auto sector Ø HDFC Securities to enter discount broking segment to win market share Ø India Inc's overseas direct investment in June doubles at $2.8 bn *Financial Express* Ø Reliance's O2C, new energy biz may be valued over $100 bn Ø Mega Debut: Paytm ready for Rs 16,600-crore mega IPO Ø FDI limit in NPS fund managers hiked to 74% Ø Exports jump 48% in June, imports surge 98% Ø Alkem looks for partnerships, in-licensing deals to bolster presence in US market Ø Record steel prices inject life into long-suffering industry Ø Healthcare to have special focus in coming decades: Cadila Healthcare Ø Kirloskar to invest additional Rs 250 crore in NBFC arm, monetise land assets Ø Reliance Retail Ventures buys 41% in Just Dial for Rs 3,497 crore Ø Bandhan Bank’s advances grow 8% y-o-y in Q1 *Mint* Ø Bank credit growth improves, deposit growth declines: RBI Ø Wipro’s turnaround is on track but its valuation has run ahead of itself Ø HDFC Bank monitoring commercial vehicle sector hit by diesel price hike Ø Discoms may be turning a corner as losses dip in FY20 Ø Record steel prices inject life into long-suffering industry 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 Flush with unicorns, India’s tech moment arrives Ø Pricing discipline to save cement makers battling cost inflation Ø Paytm’s IPO needs more than the rub-off from Zomato’s exuberance Ø Fed rate hike may not hurt Asia; stronger US growth positive
