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Thursday, July 13, 2023

Economic Times

*Economic Times*

📝 TCS' Q1 profit rises 17% to Rs 11,074 cr, investors to get Rs 9/share dividend

📝 India, France to deepen strategic ties

📝 India proposes ease of business norms at G20

📝 HCL Tech Q1 Results: PAT rises 8% YoY to Rs 3,534 crore; dividend declared at Rs 10/share

📝 Nvidia in talks to become anchor investor in Arm IPO

📝 Utkarsh SFB IPO subscribed 4.73 times on Day 1; retail portion fully booked

📝 SBI to sell up to Rs 10,000 crore of AT-1 bonds this week

📝 Agri ministry asks banks to promote Rs 1 lakh cr Agriculture Infrastructure Fund

📝 India’s retail inflation rises to 4.81% in June on higher food prices

📝 India's industrial production output up 5.2% in May from 4.5% in April

📝 US inflation hits two-year low; declines sharply to 3% in June

📝 Global public debt hits record $92 trillion- UN report

📝 Fold Health raises $6 million in funding led by Iron Pillar

📝 Hectar Global raises $2.1 million in seed funding led by Powerhouse Ventures

*Business Standard*

📝 India's outward FDI shrinks by half YoY in June 2023, shows RBI data

📝 IAMAI urges GST Council to tax gaming platform fee, not full face value

📝 Placed under enhanced surveillance, SpiceJet to get Rs 500 cr from promoter

📝 Merged HDFC Bank: New entity will have market capitalisation of Rs 12.5 trn

📝 Housing ministry to organise national conclave on urban planning

📝 Patanjali Foods' promoters plan to offload up to 9% stake through OFS

📝 Centre imposes import restrictions on certain gold jewellery, articles

📝 Oil prices rise as mild US inflation data calms fear of Fed rate hike

📝 Confused over UV definition, car companies await govt notification on cess

📝 Sebi to tweak 'fit & proper' regime for bourses, clearing corporations

*Financial Express*

📝 Bank of India targets $4-billion international business by 2026

📝 Reliance Capital administrator files Hinduja’s resolution plan with NCLT Mumbai for approval

📝 Vedanta to continue ‘sizeable investments’ in India; made $35 bn investment till date: Chairman Anil Agarwal

📝 CapFort Ventures launches a Rs 200 crore fund to invest in tech startups

📝 Razorpay launches its payment gateway for businesses in Malaysia

📝 Reliance Retail among prospective buyers for Future Enterprises

📝 India, ADB sign $130 million loan to promote horticulture in Himachal Pradesh

📝 FinEzzy aims to disburse Rs 1,500 crore in loans against mutual funds over next year

📝 Govt directs NAFED, NCCF to procure tomatoes from AP, Karnataka, Maha for distribution in key consumption centres

📝 Cabinet nod to lithium mining by private companies

*Mint*

📝 Telecom manufacturing at ₹18,000 cr, should be scaled up 10x: Vaishnaw

📝 India in talks with Netherlands for pharma supplies

📝 Wipro to invest $1 bn in AI over three years

📝 Elon Musk announces new company xAI, set to build ChatGPT alternative

📝 Hindalco Industries board approves proposal to sell land for ₹595 crore

📝 Sebi to auction 22 properties of Bishal Group, NVD Solar on August 14

📝 PFC files draft shelf prospectus to raise ₹10,000 crore via NCDs

📝 IMD issues red alert for northeast India, Sikkim, Bihar.

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