Economic Times Ø Central banks will accelerate rise of China's yuan, global survey shows Ø FDI investment doubled in April-May, but secondary investments dominate inflows: RBI data Ø Consumption revived in June, investment resilient: Nomura Ø Securitised loan pool collection ratios slip on second wave: CRISIL Ø L&T Finance to make early redemption of non convertible preference shares Ø European Medicines Agency grants Orphan Drug Designation to Zydus Cadila's Saroglitazar Mg Ø Defence Ministry issues Rs 43,000 Crore tender for six conventional subs Ø India's GAIL issues swap tender to buy and sell LNG over Aug-Dec - sources Ø Baba Ramdev says Patanjali IPO decision by year-end, lays a roadmap for Ruchi Soya Business Standard Ø Policybazaar all set to hit the market, raise Rs 6,500 crore via IPO Ø Tyre major Ceat reports first quarter profit at Rs 23 crore Ø TCS to invest $30-40 mn annually in global running sponsorships next 5 yrs Ø Margin concerns may limit upsides in Asian Paints stock Ø Glenmark Lifesciences to double manufacturing capacity in five years Ø Consumer durables to see sustained growth over few yrs: Whirlpool India Ø Airtel, Intel announce collaboration to accelerate 5G rollout in India Ø IOC, GAIL may buy shares if open offer for Petronet, IGL gets triggered Ø AAI committees find Adani group in violation of branding, logo pacts Ø Huge scarcity of talent globally, says HCL Technologies' Apparao Ø Property mkt to touch $1 trn by 2030 on high demand, reforms: Housing secy Ø RBI allows IDFC to exit IDFC First Bank as five-year lock-in period ends Ø Metal stocks likely to underperform broader market during H2 2021 Financial Express Ø Boost to medical and health tourism in India! Centre forms board for promotion medical sciences in India Ø District co-operative banks’ bad loan ratio hits 12.6%: FM Nirmala Sitharaman Ø Rakesh Jhunjhunwala trims stake in Tata Motors after strong rally; Buys more Federal Bank shares Ø Anand Rathi Wealth gears up for IPO; files draft offer document with SEBI Ø Godrej Appliances forays into dishwashers; eyes 15 pc mkt share by end of 2021-22 Ø Telcos to report subdued Q1 on pandemic woes Ø Analyst Corner: Reiterate ‘buy’ on Crompton Greaves with TP of Rs 530 Ø Sebi extends regulatory compliance timeline for debenture trustees Ø Bond yields continue to trend lower on positive global cues Mint Ø Citigroup appoints bosses for newly merged equities teams Ø ‘Blackstone funding to help in global expansion’ Ø Paytm hits ?1469 billion GMV in June 2021 quarter; up 111% YoY Ø SBI sees 30% jump in mutual fund commissions Ø Covid’s second wave may keep RIL’s Q1 earnings under pressure Ø India's air passenger traffic rises for seventh week in a row Ø Zydus Cadila gets tentative nod from US agency to market cancer drug Ø Tata Motors among big firms shortlisted to bid for BEML
