Business Headlines: Top News for the Day

Business

•SpiceJet to raise Rs 2,000 crore by August: Singh

•Government seeks candidates for new chief at Indian Oil

•Vedanta’s demerger plan clears major hurdle with SBI approval

•Electricity trade volumes on IEX jumps nearly 29 pc to 10,633 mn units in May

•KPI Green Engineering bags orders worth Rs 351 cr

•Uno Minda ties up with Chinese firm for production of EV components

•Brakes India forms JV with Japanese firm for advanced braking products

* Investors to get direct payout of securities now

•Rural demand theme blooms

•Hindalco defers Novelis’ $945 mn US listing

•Sebi asks Religare to file Burmans’ open offer plan

•Chris Wood warns of capex risks amid sudden mkt rally

* NDA initiates govt formation, elects Modi its leader; INDIA bloc in ‘wait and watch’ mode

* Ratings agencies expect policy continuity, capex focus

* ‘Mutual funds lose Rs 90,000 crore in PSU stocks amid poll verdict-led market correction

•Dutch govt may pay up to $3.3 bn for green transformation of Tata Steel plant, stock up 6.5%

* Sebi proposes raising limit of value of securities held in basic demat account to Rs 10 lakh

* NSE creates world record, handles highest number of transactions in a single trading day today

* Sebi issues guidelines to relax timelines for FPIs to make material event disclosures

•Economic reforms to remain on track: Brokerages

* Bulk deals: Plutus Wealth Management buys 0.7% in Shilpa Medicare

* Sebi eases FPIs’ disposal of securities after their registration has expired

* BlackRock stays bullish on Indian bonds after narrow PM Modi win

* India airline industry to report wider loss in FY25, consultancy says

• RBI nod to Zurich Insurance picking up 70% stake in Kotak General

* Lupin arm completes acquisition of two brands from Sanofi

* KEC International gets new orders worth over Rs 1,000 crore

* Air India Express bets on growth opportunities, group synergies

•Maruti Suzuki to invest Rs 450 crore in renewable energy initiative

•Food delivery, e-commerce platforms unite to protect their delivery partners from heatwave

•Air India launches ‘fare lock’ feature to provide flexibility in booking flights

•Tweaked rosters, network to avoid April-like crisis, says Vistara CEO

----------------------------------------------------------------------
-----------------------------------------------------------

Related posts