Economic Times Ø Institutional buyers put in Rs 870 cr of bids for HUDCO share sale Ø Fed says progress made toward conditions for tapering bond buys Ø Airtel makes big pricing move in prepaid, ups entry level plan to Rs 79 Ø Government mulling long-term measures to boost health of stressed telecom sector Ø Paytm founder to have protective rights after listing Ø IRB Infrastructure Developers completes Rs 381.63 crore fundraising Ø Foreign FIs halt plans to set up investment firms within IFSCs Ø IndiGo plans flight to normalcy; savvy investors to book on profits Ø Billionaire investor Rakesh Jhunjhunwala plans 70 planes for new airline Ø SpiceJet borrowed Rs 127.51 crore, Go First Rs 25.65 crore under ECLGS scheme: Govt Ø Sonata Software to acquire Encore Software to strengthen US presence Business Standard Ø Yes Bank, Indiabulls Housing Finance enter co-lending setup for home loans Ø US, China moves may have big implications for Indian equity markets Ø NSDL provides more clarity on frozen funds of Adani group-linked FPIs Ø JSW Cement to raise up to Rs 1,500 crore from two global equity investors Ø Hindustan Zinc gets down to check rising coal costs, meet ESG commitment Ø Sebi chief Ajay Tyagi slams India Inc over poor disclosure standards 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 Large corporates setting up small subsidiaries to get public procurement tenders, will hurt MSEs: Experts Ø KFC, Pizza Hut operator Devyani International IPO opens Aug 4; will join Burger King post listing Ø Unemployment rate rises again to reach 7.14% Ø NTPC offers to sell power directly to India Inc 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 HCL Technologies appoints Jill Kouri as global chief marketing officer Mint Ø Dalmia Bharat’s pan-India ambition is making investors jittery Ø CDC Group sells 3.7% stake in Equitas Holdings worth ?104 crore Ø RTGS, NEFT payment systems opened up for non-banks in phases: RBI Ø JM Financial’s Q1 FY22 net profit rises 117% to Rs203 crore Ø RBI imposes ?5 cr penalty on Axis Bank for contravention of certain provisions 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 Customers to get deposit insurance in 90 days of bank failure
