Economic Times Ø Sebi drops certain disclosure requirements for promoters upon share acquisition Ø Religare Broking partners with Vested Finance for accessing global stocks Ø RBI lifts ban on HDFC Bank issuing credit cards Ø LIC, EPFO may fund startups Ø China blue-chips slip as growth outlook falters Ø NSE-BSE bulk deals: Elara India Opportunities Fund buys stake in Karda Constructions Ø Tata Motors partners with Bank of Maharashtra for passenger vehicle retail financing scheme Ø Auto sector fears higher GST rate on certain parts after Supreme Court ruling Ø Finance Minister Nirmala Sitharaman to meet CEOs of public sector banks on August 25 Ø DGH overhauls approval processes for oil, gas fields Ø Prudent Capex plan may improve Petronet’s cash flow, dividend Business Standard Ø Govt revises PLI scheme guidelines for white goods Ø Ajmera Realty expects Rs 4,000 cr revenue in 3-4 years from 7 projects Ø Limit credit fund exposure to 10%-15% of portfolio, advise experts Ø Govt announces RoDTEP rates for exporters; outlay Rs 12,454 cr in FY22 Ø Small finance banks suffer net loss in June quarter as provisions surge Ø Tariff hike key to sector revival, says Vodafone Idea CEO Ravinder Takkar Ø Aramco in advanced talks to buy stock worth $25 bn in Reliance Ø Power ministry circulates draft rules on clean energy, seeks comments Ø PE/VC investments touch all-time high of $9.5 bn in July Ø Limit credit fund exposure to 10%-15% of portfolio, advise experts Financial Express Ø Rice exports from India to take a hit this year Ø FM Nirmala Sitharaman says rules on retro tax to be framed soon Ø RBI partially lifts ban on HDFC Bank, allows it to sell new credit cards Ø Sebi revises format for promoters, promoter group entities’ shareholding disclosure Ø Intel announces high-performance consumer GPU brand Intel Arc Ø NBFCs raise record amount via commercial papers to fund IPOs Ø Sebi drops certain disclosure requirements for promoters upon share acquisition Ø Sterlite Power Transmission files IPO papers with SEBI; Anil Agarwal-led firm looks to raise Rs 1,250-cr Ø Sebi fines 11 entities for violations related to dealing in Videocon Industries shares Ø NBFCs raise record amount via commercial papers to fund IPOs Mint Ø Govt mulls proposal to bring LLPs, PSBs under CSR ambit Ø Tata Power Solar gets ?386 cr Leh project Ø US growth concerns making Aurobindo’s investors uneasy Ø Microfinance sector reports 14% sequential drop in loan portfolio in Q1 Ø MedPlus Health Services files DRHP for ?1,639 cr IPO Ø Suven Life Sciences announces phase 3 clinical trial of SUVN-502 Ø ONGC looks at acquisitions to achieve 10 GW renewable capacity by 2040 Ø Just Dial shareholders approve Reliance investment in EGM Ø HAL signs ?5,375 cr contract with US firm for engines to power Tejas jets Ø RBI says inflation is on track to meet projections Ø Cigarette companies are caught between death and taxes Ø Canara Bank opens ?2,500 crore QIP; floor price set at ?155.58 per share
