Economic Times Ø RCF lenders approve debt-resolution plan with Authum Ø Mindtree sees broad-based growth in client demand Ø L&T construction arm bags orders in overseas, domestic market Ø IndiaMart moves HC claiming Just Dial filed false documents Ø CreditAccess Grameen raises $25 mn ECB from Swedfund International Ø Current bull market won’t vanish like the one in 1992, says Jhunjhunwala Ø Global growth boom may disappoint, warns Morgan Stanley’s Ruchir Sharma Ø Rise in HDFC Bank’s ‘risky’ assets spurs concerns over sector stress Ø RBI’s Mastercard ban may hit Citibank India’s retail biz sale Ø Mindtree's margin story remains intact: CEO Ø Sebi proposes swing pricing mechanism for debt MFs Business Standard Ø AGR dues cannot be recomputed: Supreme Court reserves order Ø Shiv Nadar resigns as MD of HCL Technologies, named Chairman Emeritus Ø Biocon controversy: Sebi's insider trading laws may need an overhaul Ø HDFC Life's Q1 net falls 33% due to higher provisions and claim payout Ø Dabur's non-executive chairman Amit Burman hospitalised in London Ø Growth in FY'22 to be around 11% as projected in Economic Survey, says CEA Ø Recovery of bad loans impacted due to Covid pandemic, says B K Karad Ø Nuvoco Vistas gets Sebi approval to raise Rs 5,000 crore through IPO Ø Sebi, DRI probing some Adani Group firms for non-compliance of rules: Govt Ø Strong fundamentals, market size will attract foreign investments: FM Financial Express Ø Centre exempts pulses' importers from stock limits; norms for millers, wholesalers also relaxed Ø Rakesh Jhunjhunwala no fan of Zomato, other tech unicorns; says current bull market won’t vanish Ø Suzuki preps to launch first electric car in India: To enter EV market by 2025 Ø Exports jump 48% in June, imports surge 98% Ø Rs 81,179 cr due to states as GST compensation for FY21 Ø Retail sales down by 50 per cent in June: RAI Ø Goldman Sachs to hire over 2,000 by 2023 for Hyderabad office Ø L&T construction arm bags orders in overseas, domestic market Ø Steel prices may cool off after year-long rally Ø ‘V’-shaped recovery on resumption in biz activity: Nomura Mint Ø NCLAT stays Vedanta's takeover of Videocon Ø Foreign exchange reserves comfortable: Pankaj Chaudhary Ø Tree Line Asia Master Fund sells Just Dial shares worth Rs94 crore Ø India takes up high oil prices with OPEC, producers Ø Reliance Infra raises ?550.56 crore via preferential allotment of securities Ø Domestic air passenger traffic bounce back in June Ø Reliance Retail to benefit from JD’s evolution into a super app Ø Dhanlaxmi Bank announces strategic alliance with SMC Global Securities Ø Sebi says valuation must for all preferential allotment plans Ø Tatva Chintan Pharma Chem IPO subscribed 15.19 times on Day 2 Ø $7 billion BPCL sale slows on Covid-19 pandemic, LIC IPO
