Business Headlines of the day : May 27

Business Headlines

•’Radisson Hotel Group to open a hotel every 20 days in India this year, says top exec

•NTPC proposes pooling entire capacity for supply to power distribution companies

* NFRA to engage with some big listed companies on audit compliance

* ‘Affordable homes supply down 38%

•Electoral bond buyer Megha Engg to sell city gas biz

•IDBI SASF gets 18 offers for bad loans

•PSBs seek changes to rules for Infra loans, may approach govt

•Electronics companies seek Rs 35,000-crore incentive plan for components

•PhonePe, BharatPe settle legal dispute over ‘Pe’

* South African regulator fines SBI’s branch

* IndiGo draws upgrades with focus on yields

* ‘India stands out for EM investors in ageing world

•FPIs dump financial stocks worth $6.6b in 2024 as sector looks less rosy

* Sebi cracks down on gaming apps involved in virtual trade

* The second biggest electoral bond buyer looks to sell businesses as it struggles to make ends meet

* Now, relief from full disclosure won’t be easy for pooled FPIs

* Mukesh Ambani is set for an African safari with latest 5G bet

* FMCG and Steel sector to be slightly positive in this week

* Adani Enterprises, Adani Energy Solutions boards to approve $3.5-4 billion fundraise

* Awfis Space Solutions IPO closes on May 27, GMP in double-digit

* Trade modifications with election results closing-in: Shubham Agarwal

* India’s Q4 FY24 GDP likely to have grown at 6.1-6.7%: Economists

* Market participants to see 5 IPOs on Dalal Street this week, with 2 listings lined up

* NSE to introduce 1 Paisa tick size for stocks below Rs 250

* GAIL’s 10 MW green hydrogen plant in Madhya Pradesh inaugurated

•MSC Anna, largest container ship to arrive in India docks at Adani’s Mundra Port

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