*Economic Times* Ø JSW Steel plans to raise $200-300 million via offshore loan Ø Airtel, Vodafone Idea set to raise prices by close to 30% in bid to improve ARPU Ø UTI AMC appoints Vetri Subramaniam as CIO; Ajay Tyagi elevated as head of equity Ø Sundaram Home Finance seeks to raise Rs 2,500 cr to fund growth plans Ø Nykaa, Policybazaar to file papers to raise Rs 11,000 crore via IPOs Ø Textile cos rally as Street bets on gains from US-China tiff Ø NSE-BSE bulk deals: PGIM India MF buys stake in Anup Engineering Ø Airtel Africa Q1 results: Profit zooms to $142 mn amid all-round growth Ø Billionaire investor Rakesh Jhunjhunwala plans 70 planes for new airline Ø ArcelorMittal to invest $10 billion to cut global carbon emissions by 25% by 2030 Ø JSW Energy in agreement with Australian firm for Green Hydrogen *Business Standard* Ø Public sector lender Union Bank registers 255% growth in profit Ø Demand for freshers to go up 7% points in current quarter: Teamlease Ø Airtel loses 4.6 mn mobile subscribers in May, Jio adds 3.5 mn users: Trai Ø Back to old normal: Robust demand propels metals to pre-Covid levels Ø Tata Power tops Crisil ESG scores for power companies in India Ø Embassy Office Parks REIT expects demand to bounce back in early FY22 Ø Tata Sons subsidiary to buy 43.3% stake in Tejas Networks for Rs 1,850 cr Ø Govt permits 100% FDI in oil & gas PSUs approved for disinvestment Ø Indian traders sign sugar export deals in advance as frost hits Brazil Ø Tata Teleservices, Zoom partner for unified communication solutions *Financial Express* Ø IPO market nears peak as valuations hit 20-year high Ø Sebi imposes Rs 10-lakh fine on Karvy Financial Services for not making open offer timely Ø India’s gold demand up 19 per cent in April-June quarter at 76 tonne: WGC Ø Basic customs duty removed, agri infra cess halved on lentils Ø Sebi mulls IPO reforms on book building, price band aspects 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 Tea Board order for mandatory sale through auction will be counterproductive: UPASI *Mint* Ø LIC Housing Finance’s provisions look inadequate amid rising stress Ø Mahanagar Gas delivers big on profits despite low volumes Ø Tech Mahindra’s stellar Q1 show will help pare valuation gap with peers Ø Tata Motors launches Ace Gold Petrol CX starting at ?3.99 lakh Ø IFC picks up 4.99% stake in Federal Bank for Rs916 crore Ø Future-RIL deal: Will decide if Emergency Arbitrator award valid, says SC Ø Zydus Cadila submits additional d voata 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
