*Economic Times*
๐ TCS' Q1 profit rises 17% to Rs 11,074 cr, investors to get Rs 9/share dividend
๐ India, France to deepen strategic ties
๐ India proposes ease of business norms at G20
๐ HCL Tech Q1 Results: PAT rises 8% YoY to Rs 3,534 crore; dividend declared at Rs 10/share
๐ Nvidia in talks to become anchor investor in Arm IPO
๐ Utkarsh SFB IPO subscribed 4.73 times on Day 1; retail portion fully booked
๐ SBI to sell up to Rs 10,000 crore of AT-1 bonds this week
๐ Agri ministry asks banks to promote Rs 1 lakh cr Agriculture Infrastructure Fund
๐ Indiaโs retail inflation rises to 4.81% in June on higher food prices
๐ India's industrial production output up 5.2% in May from 4.5% in April
๐ US inflation hits two-year low; declines sharply to 3% in June
๐ Global public debt hits record $92 trillion- UN report
๐ Fold Health raises $6 million in funding led by Iron Pillar
๐ Hectar Global raises $2.1 million in seed funding led by Powerhouse Ventures
*Business Standard*
๐ India's outward FDI shrinks by half YoY in June 2023, shows RBI data
๐ IAMAI urges GST Council to tax gaming platform fee, not full face value
๐ Placed under enhanced surveillance, SpiceJet to get Rs 500 cr from promoter
๐ Merged HDFC Bank: New entity will have market capitalisation of Rs 12.5 trn
๐ Housing ministry to organise national conclave on urban planning
๐ Patanjali Foods' promoters plan to offload up to 9% stake through OFS
๐ Centre imposes import restrictions on certain gold jewellery, articles
๐ Oil prices rise as mild US inflation data calms fear of Fed rate hike
๐ Confused over UV definition, car companies await govt notification on cess
๐ Sebi to tweak 'fit & proper' regime for bourses, clearing corporations
*Financial Express*
๐ Bank of India targets $4-billion international business by 2026
๐ Reliance Capital administrator files Hindujaโs resolution plan with NCLT Mumbai for approval
๐ Vedanta to continue โsizeable investmentsโ in India; made $35 bn investment till date: Chairman Anil Agarwal
๐ CapFort Ventures launches a Rs 200 crore fund to invest in tech startups
๐ Razorpay launches its payment gateway for businesses in Malaysia
๐ Reliance Retail among prospective buyers for Future Enterprises
๐ India, ADB sign $130 million loan to promote horticulture in Himachal Pradesh
๐ FinEzzy aims to disburse Rs 1,500 crore in loans against mutual funds over next year
๐ Govt directs NAFED, NCCF to procure tomatoes from AP, Karnataka, Maha for distribution in key consumption centres
๐ Cabinet nod to lithium mining by private companies
*Mint*
๐ Telecom manufacturing at โน18,000 cr, should be scaled up 10x: Vaishnaw
๐ India in talks with Netherlands for pharma supplies
๐ Wipro to invest $1 bn in AI over three years
๐ Elon Musk announces new company xAI, set to build ChatGPT alternative
๐ Hindalco Industries board approves proposal to sell land for โน595 crore
๐ Sebi to auction 22 properties of Bishal Group, NVD Solar on August 14
๐ PFC files draft shelf prospectus to raise โน10,000 crore via NCDs
๐ IMD issues red alert for northeast India, Sikkim, Bihar.
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