Economic Times Ø Sebi allows payments banks to act as investment bankers Ø Birla offers to hand over Vi stake to keep telco afloat Ø NMDC iron ore output grows 3.6% to 11.96 MT in Apr-Jul Ø Consumer cos back in game with some best-in-July sales Ø Ex-banker gets her turn as billionaire startup CEO in Nykaa IPO Ø Rising consumerism, strong QSR portfolio make DIL a long term story Ø Mphasis chalks out 4-point plan to accelerate growth Ø Govt seeks info to up PLI sops for IT hardware Ø Power sector workers begin protest against Electricity Amendment Bill 2021 Ø Sunflag Iron & Steel emerges as highest bidder for coal block in Maharashtra Ø JK Lakshmi Cement to invest in augmenting existing capacities in North, West markets Business Standard Ø Tata Consumer Products' net profit falls 42% to Rs 200 cr in June quarter Ø Privatisation-bound Bharat Petroleum appoints VRK Gupta as CFO Ø IL&FS recovers Rs 33.28 cr via sale of assets, including luxury cars Ø Adani Wilmar FY21 profit jumps 58% to Rs 728 cr; income up 25% Ø Zee founder Subhash Chandra settles 91.2% of debt with 43 lenders Ø Indiamart Intermesh arm acquires 26.23% stake in Agillos e-com for Rs 26 cr Ø 17:28 | Hindustan Paper Corp under liquidation on directions of NCLT, NCLAT: Govt Ø Focus on capital formation is the best way to create employment: L&T CEO Ø ESG integration in business will help create long-term value: EY India Ø Shrem Group aims to raise Rs 600 cr by diluting stake in InvIT next week Financial Express Ø IndusInd Bank gets empanelled as Agency Bank to RBI Ø Vedanta Aluminium becomes India’s largest green power buyer at IEX Ø Logistics MSMEs must make a one-time tech investment Ø Paytm Money records over Rs 70,000 average investment from 2.1 lakh demat a/c holders in FY21 Ø API imports stood at Rs 28,529 cr, exports at Rs 32,856 cr in FY21: Mandaviya Ø PMI: Manufacturing activity hits three-month high in July Ø Sebi gives more time to brokers, clearing members to comply with certain rules Ø Maruti Suzuki cars have least CO2 emissions: CNG, hybrids the way forward says Chairman Ø RBI issues framework for outsourcing of activities by Payment System Operators Ø Indian Bank partners with IIT Bombay to offer up to Rs 50 crore working capital loans to MSMEs, startups Mint Ø Mcap of BSE-listed companies surge to record high of ?240 lakh crore Ø Total debt expected to rise to 61.7% of GDP in FY22: MoS Finance Ø Exxaro Tiles raises Rs23.68 crore from 2 anchor investors ahead of IPO Ø Britannia invests ?130 cr in capacity building, to hike prices Ø Banking sector stress should not be an alibi for privatisation: panel Ø 'IT services industry growth to accelerate in FY22, profit margins to moderate' Ø India's e-commerce market continues to grow at 5% rate per annum, says govt Ø ESG integration in business will help create long-term value: EY India Ø FMCG company Adani Wilmar files DRHP for ?4,500-cr IPO Ø China takes aim at auto chip dealers with global supplies low Ø Ravi Jaipuria, son sell ?250 cr stake in pre-IPO round of Devyani International Ø Infra.Market raises $125 million, valuation soars to $2.5 billion
