Today's Headlines
π Decision over flex-fuel engines in 8-10 days, says Nitin Gadkari
π India strongly rejects criticism of new IT rules by UN special rapporteurs
π Mahindra Logistics eyes sharp business growth in H2 FY22
π FIDC seeks liquidity support for NBFCs for on-lending to MSMEs
π SEBI halts PNB Housing Finance's Rs 4,000 crore deal with Carlyle Group
π CII president TV Narendran seeks cut in GST rate on consumer goods to lift demand
π Labour ministry mulls extending ABRY deadline till March 2022 to boost fresh hiring
π Bank of Maharashtra tops PSU bank chart in MSME loan growth in FY21
π A possible inclusion of Aramco chief on RIL board puts focus back on $15 billion investment by Saudi giant
π Godrej Properties tops in sales bookings for FY21 among listed entities; overtakes Macrotech
*Business Standard*
π Vedanta emerges as successful bidder for coal block for mining in Odisha
π We will continue to actively look for acquisitions: ITC CMD Sanjiv Puri
π Air India has time till mid-July to challenge Cairn Energy's lawsuit
π Cabinet note issued for 100% FDI in oil PSUs marked for disinvestment
π UK's Morrisons rejects $7.6 billion takeover proposal from CD&R
π Life insurers may have short-term pressure on profitability: ICICI Pru Life
π Easier dilution norms for large IPOs where post-listing m-cap tops Rs 1 trn
π Petrol crosses Rs 97 in Delhi, diesel nears Rs 88 after another price hike
*Financial Express*
π Samsung completes shifting of display manufacturing unit from China to UPβs Noida
π Centrum-Bharatpe JV to pump Rs 1,800 cr into PMC on merger
π SAIL postpones commercial production of HH rails in absence of foreign experts amid Covid
π Air India has time till mid-July to challenge Cairn lawsuit
π At least Rs 15 lakh cr stuck in MSME payments annually; dues cleared typically in 3-6 months: Experts
π Leather, its productsβ export jumps to $641.72 mn in Apr-May 2021: CLE
π Govt open to more measures to boost economy: CEA
π FPIs invest Rs 13,667 cr in Indian markets in June so far
*Mint*
π New payroll additions in April at 10-month low as job creation slows
π Dividend payouts of Nifty firms climb to 4-year high
π Centre may separate EPF, pension accounts
π Viacom18 and Zee Entertainment in early merger talks
π DGTR recommends anti-dumping duty on aluminium foil imports
π WHO asks South-East Asian countries to scale up covid-19 vaccination
π Tata Steelβs FY22 prospects shine on deleveraging, better Europe outlook
π Govt mulls extending Atmanirbhar Bharat Rojgar Yojana till March 2022
π Sona Comstar, Shyam Metalics to debut on stock exchanges on 24 June
π Fitday to invest βΉ25 crore in nutrition gummies segment.
π Decision over flex-fuel engines in 8-10 days, says Nitin Gadkari
π India strongly rejects criticism of new IT rules by UN special rapporteurs
π Mahindra Logistics eyes sharp business growth in H2 FY22
π FIDC seeks liquidity support for NBFCs for on-lending to MSMEs
π SEBI halts PNB Housing Finance's Rs 4,000 crore deal with Carlyle Group
π CII president TV Narendran seeks cut in GST rate on consumer goods to lift demand
π Labour ministry mulls extending ABRY deadline till March 2022 to boost fresh hiring
π Bank of Maharashtra tops PSU bank chart in MSME loan growth in FY21
π A possible inclusion of Aramco chief on RIL board puts focus back on $15 billion investment by Saudi giant
π Godrej Properties tops in sales bookings for FY21 among listed entities; overtakes Macrotech
*Business Standard*
π Vedanta emerges as successful bidder for coal block for mining in Odisha
π We will continue to actively look for acquisitions: ITC CMD Sanjiv Puri
π Air India has time till mid-July to challenge Cairn Energy's lawsuit
π Cabinet note issued for 100% FDI in oil PSUs marked for disinvestment
π UK's Morrisons rejects $7.6 billion takeover proposal from CD&R
π Life insurers may have short-term pressure on profitability: ICICI Pru Life
π Easier dilution norms for large IPOs where post-listing m-cap tops Rs 1 trn
π Petrol crosses Rs 97 in Delhi, diesel nears Rs 88 after another price hike
*Financial Express*
π Samsung completes shifting of display manufacturing unit from China to UPβs Noida
π Centrum-Bharatpe JV to pump Rs 1,800 cr into PMC on merger
π SAIL postpones commercial production of HH rails in absence of foreign experts amid Covid
π Air India has time till mid-July to challenge Cairn lawsuit
π At least Rs 15 lakh cr stuck in MSME payments annually; dues cleared typically in 3-6 months: Experts
π Leather, its productsβ export jumps to $641.72 mn in Apr-May 2021: CLE
π Govt open to more measures to boost economy: CEA
π FPIs invest Rs 13,667 cr in Indian markets in June so far
*Mint*
π New payroll additions in April at 10-month low as job creation slows
π Dividend payouts of Nifty firms climb to 4-year high
π Centre may separate EPF, pension accounts
π Viacom18 and Zee Entertainment in early merger talks
π DGTR recommends anti-dumping duty on aluminium foil imports
π WHO asks South-East Asian countries to scale up covid-19 vaccination
π Tata Steelβs FY22 prospects shine on deleveraging, better Europe outlook
π Govt mulls extending Atmanirbhar Bharat Rojgar Yojana till March 2022
π Sona Comstar, Shyam Metalics to debut on stock exchanges on 24 June
π Fitday to invest βΉ25 crore in nutrition gummies segment.