Capital Edge Consulting

25 Jun 2021

Economic Times

Ø RBI launches FY21 round of survey on ITES Exports

Ø India again urges OPEC to phase out oil output cuts

Ø Bank of Maharashtra gets shareholders’ nod to raise Rs 5,000 Cr

Ø LIC Housing Finance to raise over Rs 2,334 cr from LIC as equity capital

Ø Future Retail seeks extension of time for filing results

Ø PTC India posts 4% rise in Q4 profit to Rs 49.77 Cr

Ø India Pesticides IPO Subscribed 3.8 times on Day 2

Ø Union Bank of India raises Rs 850 Cr through Bonds

Ø NDMC increases License fees for 2021-22 by up to 7 %

Ø Insurers have settled 15.3 lakh health and 48,000 life claims amid lethal second wave: Irdai Official

Ø Reliance Industries to invest Rs 75,000 crore on new clean energy business over 3 years

Ø India’s engineering, research, development market to reach USD 63 bln by 2025: Nasscom

Ø WealthDesk closes its pre-Series A funding round at $3.2 million

Ø Edtech startup Classplus raises $65 million from Tiger Global, others

Business Standard

Ø RBI tightens dividend payout norms for NBFCs, links them to bad debt

Ø RIL offers Board seat to Saudi Aramco’s Yasir Al-Rumayyan in global push

Ø Apollo Hospitals pegs a $2.3 Billion sales target for new company

Ø Covered bond issuances increase to Rs 2,200 cr in FY21: ICRA report

Ø CEA expects food inflation to ease with unlock and good monsoon

Ø China all set to operationalise the first electric train in Tibet

Ø Markets regulator Sebi plans to come out with framework for SPACs

Ø Microsoft shows Windows 11, first major overhaul in six years

Financial Express

Ø Maharashtra State Cooperative Bank reports Rs 369-crore net in FY21

Ø Reliance Retail to grow 3x in next 3-5 years, create 10 lakh jobs: RIL Chairman

Ø French firm Imerys pumps in Rs 350 cr in new facility in Andhra Pradesh

Ø Bank of England keeps UK rates at record low of 0.1%

Ø States’ revenues set to cross pre-pandemic level this fiscal: Report

Ø IPO-bound Veeda Clinical Research raises $16 mln in round led by Sabre PE

Ø BSE collaborates with GIFT SEZ to offer finance, capital mkts courses

Ø GMR Infrastructure pledges 2.4 Cr shares in favour of KLJ Plasticizers

Ø Wipro IT Services raises $750 million from overseas bond sale

Ø Paytm extends deadline for Shareholders to submit documents for share sale to June 30

Mint

Ø Govt to amend Apprenticeship Act in monsoon session to boost hiring

Ø Centre may review IBC provision on withdrawal of case

Ø ReNew Power eyes Morgan Stanley stake in Continuum

Ø Indian Bank raises ₹1,650 Crore via QIP

Ø E-way bills pick up further pace in third week of June

Ø Union Bank of India raises ₹850 Cr through bonds

Ø Domestic Air Traffic expected to improve by 52% in FY22: Capa

Ø Visa buys Swedish Fintech Tink for more than $2 Billion

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