Economic Times Ø Axis Bank buys 5.55% stake in financial technology firm IBBIC Ø DLF's Q1 sales bookings jump nearly 7-fold to Rs 1,014 crore despite second wave of COVID Ø Tata Sons board will discuss and take a call on Chandrasekaran's successor, says Ratan Tata Ø Merger with BSNL may help save Vodafone Idea: Deutsche Bank Ø Reliance Retail brands may soon come to kiranas Ø Reliance Retail Venture's open offer for Just Dial shareholders to commence on Sep 13 Ø Bank NPAs decline to Rs 8.34 lakh cr at March-end 2021: Minister Ø China shares plunge to 8-month low on regulatory woes Ø Equity good long-term bet; stagger investments Ø Govt says 78 foreign cos registered in India last FY Ø JSW Paints wants to grow and expand aggressively Business Standard Ø Govt extends bidding deadline for transaction for RINL till Aug 17 Ø Institutional buyers put in Rs 870 cr of bids for HUDCO share sale Ø Vedanta to invest Rs 6,600 cr on Balco expansion over 18-24 months Ø Near term headwinds for JLR due to chip shortage to weigh on Tata Motors Ø Adani Ports raises $750 mn overseas via long-term bonds in two tranches Ø Amazon eyes potential stake in Indian film, media biz; Inox denies report Ø Tourism economy fell by 42.8%, estimated 14.5 mn jobs lost in Q1FY21: Govt Ø FDI in food processing sector falls 57% to $393 million in FY21 Ø India sees venture capital investments surge to $8 billion in Q2: KPMG Ø ESAF Small Finance Bank files Rs 998-crore IPO papers with Sebi Financial Express Ø IMF cuts India's GDP growth forecast to 9.5 pc for FY22 Ø Tata Communications unveils IZO financial cloud platform in India Ø ABB to divest Mechanical Power Transmission division to RBC Bearings for USD 2.9 bn Ø Axis Bank buys 5.55 pc stake in financial technology firm IBBIC Ø MSMEs have already exhausted resources during first Covid wave Ø Basic customs duty removed, agri infra cess halved on lentils Ø ICICI Prudential rating – Buy: Big beat on margins the highlight of Q1 Ø Sebi to RTAs: Develop inter-operable platform to enhance investor experience in MFs Ø Govt’s net tax collection rises 86% to Rs 5.57 lakh cr in Q1 Mint Ø IndusInd Bank hopes for a quick revival after a covid-ravaged Q1 Ø Info Edge stock faces fatigue despite Zomato IPO frenzy Ø Big pharma quietly pushes back on global tax deal, citing covid-19 role Ø ITC Q1 profit up 29%, revenues grow 37% Ø ICICI Lombard, Dr Reddy's join hands for cashless outpatient services Ø Rolex Rings raises Rs219 crore from 26 anchor investors ahead of the IPO Ø Future-RIL deal: Will decide if Emergency Arbitrator award valid, says SC Ø Zydus Cadila submits additional data on its Covid vaccine to DCGI: Report Ø Sebi says valuation must for all preferential allotment plans Ø Bajaj Auto exports its way out of a slump Ø Nearly ?49,000 cr lying unclaimed with banks, insurers: Govt
