Venkatachalam Subramaniam’s Post

*News Headlines from Business News Agencies:* *Business Standard* 📝 RBI tells Kotak Mahindra Bank told to stop issuing new credit cards 📝 LTIMindtree Q4 results: Profit dips 1.2% to Rs 1,100 cr, revenue up 2.3% 📝 Bayer partners govt's CSC, Gram Unnati for last-mile agri inputs delivery 📝 Rapido to offer free rides to differently-abled voters in Karnataka 📝 FSIB recommends Ashutosh Kumar for SBI MD, Asheesh Pandey for Indian Bank 📝 JP Morgan CEO Dimon commends Modi govt for Aadhaar, poverty alleviation 📝 GST, China imports emerge as major poll issues among lock industry traders 📝 Nippon Life AMC Q4 results: Profit after tax jumps 73% to Rs 343 crore 📝 Centre considering widening housing subsidy scope for urban poor under PMAY 📝 SKA Group to invest Rs 600 cr to build premium housing project in Gr Noida 📝 REITs, InvITs mobilise Rs 1.3 trillion in past four years: RBI data 📝 EU raids Chinese security equipment firm over foreign subsidies concerns *Economic Times* 📝 HUL Q4 Results: Net profit drops 6% YoY to Rs 2,406 crore 📝 Tata Passenger Electric Mobility to supply 2,000 XPRES-T units to Vertelo 📝 Realty developer Eldeco raises Rs 350 crore from HDFC Capital 📝 Axis Bank board approves Rs 55,000 crore fundraise via mix of debt and equity 📝 Indian Railways targets raking in Rs 5,400 crore from scrap sale 📝 JioCinema set to disrupt SVOD market with Rs 30 per month subscription pack 📝 IHG Hotels & Resorts to double presence in India with 100 operating hotels in five years 📝 ADIF and IIT Guwahati incubation center sign MoU to boost startup ecosystem 📝 India's pharma exports rise 10% to USD 27.9 bn in FY24 📝 Tata Sons preparing for Tata Capital IPO with potential lookout for bankers: Report 📝 Network-as-a-service provider CloudExtel raises Rs 200 crore debt 📝 Boeing Q1 Results: Revenue declines 8%, first in 7 qtrs as deliveries decline *Mint* 📝 Axis Bank Q4 Results: Net profit at ₹7,130 crore, NII rises 11.5% YoY 📝 Tata Consumer Products expects tea volumes to grow in the mid-term 📝 HUL Q4 results: Net profit at ₹2,406 crore, announces dividend of ₹24 per share 📝 India-South Korea CEPA review talks likely in May or June 📝 Bombay High Court dismisses Zee promoters’ petition against loan default order 📝 AU Small Finance Bank Q4 results: Net profit at ₹370.7 crore 📝 RVNL JV win project worth ₹439 cr from Southern Railway 📝 Chennai Petro Q4 results: Net profit up 71.9% at ₹628 crore 📝 GPT Infra bags order worth ₹487 cr from Central Railway, Mumbai 📝 Govt's career service portal to compete with job websites 📝 Trai to restart consultations on allocation of satcom airwaves

*News Headlines from Business News Agencies :* *Business Standard :* 📝 RBI tells Kotak Mahindra Bank told to stop issuing new credit cards 📝 LTIMindtree Q4 results: Profit dips 1.2% to Rs 1,100 cr, revenue up 2.3% 📝 Bayer partners govt's CSC, Gram Unnati for last-mile agri inputs delivery 📝 Rapido to offer free rides to differently-abled voters in Karnataka 📝 FSIB recommends Ashutosh Kumar for SBI MD, Asheesh Pandey for Indian Bank 📝 JP Morgan CEO Dimon commends Modi govt for Aadhaar, poverty alleviation 📝 GST, China imports emerge as major poll issues among lock industry traders 📝 Nippon Life AMC Q4 results: Profit after tax jumps 73% to Rs 343 crore 📝 Centre considering widening housing subsidy scope for urban poor under PMAY 📝 SKA Group to invest Rs 600 cr to build premium housing project in Gr Noida 📝 REITs, InvITs mobilise Rs 1.3 trillion in past four years: RBI data 📝 EU raids Chinese security equipment firm over foreign subsidies concerns *Economic Times :* 📝 HUL Q4 Results: Net profit drops 6% YoY to Rs 2,406 crore 📝 Tata Passenger Electric Mobility to supply 2,000 XPRES-T units to Vertelo 📝 Realty developer Eldeco raises Rs 350 crore from HDFC Capital 📝 Axis Bank board approves Rs 55,000 crore fundraise via mix of debt and equity 📝 Indian Railways targets raking in Rs 5,400 crore from scrap sale 📝 JioCinema set to disrupt SVOD market with Rs 30 per month subscription pack 📝 IHG Hotels & Resorts to double presence in India with 100 operating hotels in five years 📝 ADIF and IIT Guwahati incubation center sign MoU to boost startup ecosystem 📝 India's pharma exports rise 10% to USD 27.9 bn in FY24 📝 Tata Sons preparing for Tata Capital IPO with potential lookout for bankers: Report 📝 Network-as-a-service provider CloudExtel raises Rs 200 crore debt 📝 Boeing Q1 Results: Revenue declines 8%, first in 7 qtrs as deliveries decline *Mint :* 📝 Axis Bank Q4 Results: Net profit at ₹7,130 crore, NII rises 11.5% YoY 📝 Tata Consumer Products expects tea volumes to grow in the mid-term 📝 HUL Q4 results: Net profit at ₹2,406 crore, announces dividend of ₹24 per share 📝 India-South Korea CEPA review talks likely in May or June 📝 Bombay High Court dismisses Zee promoters’ petition against loan default order 📝 AU Small Finance Bank Q4 results: Net profit at ₹370.7 crore 📝 RVNL JV win project worth ₹439 cr from Southern Railway 📝 Chennai Petro Q4 results: Net profit up 71.9% at ₹628 crore 📝 GPT Infra bags order worth ₹487 cr from Central Railway, Mumbai 📝 Govt's career service portal to compete with job websites 📝 Trai to restart consultations on allocation of satcom airwaves For information only

*News Headlines from Business News Agencies :* *Business Standard :* 📝 RBI tells Kotak Mahindra Bank told to stop issuing new credit cards 📝 LTIMindtree Q4 results: Profit dips 1.2% to Rs 1,100 cr, revenue up 2.3% 📝 Bayer partners govt's CSC, Gram Unnati for last-mile agri inputs delivery 📝 Rapido to offer free rides to differently-abled voters in Karnataka 📝 FSIB recommends Ashutosh Kumar for SBI MD, Asheesh Pandey for Indian Bank 📝 JP Morgan CEO Dimon commends Modi govt for Aadhaar, poverty alleviation 📝 GST, China imports emerge as major poll issues among lock industry traders 📝 Nippon Life AMC Q4 results: Profit after tax jumps 73% to Rs 343 crore 📝 Centre considering widening housing subsidy scope for urban poor under PMAY 📝 SKA Group to invest Rs 600 cr to build premium housing project in Gr Noida 📝 REITs, InvITs mobilise Rs 1.3 trillion in past four years: RBI data 📝 EU raids Chinese security equipment firm over foreign subsidies concerns *Economic Times :* 📝 HUL Q4 Results: Net profit drops 6% YoY to Rs 2,406 crore 📝 Tata Passenger Electric Mobility to supply 2,000 XPRES-T units to Vertelo 📝 Realty developer Eldeco raises Rs 350 crore from HDFC Capital 📝 Axis Bank board approves Rs 55,000 crore fundraise via mix of debt and equity 📝 Indian Railways targets raking in Rs 5,400 crore from scrap sale 📝 JioCinema set to disrupt SVOD market with Rs 30 per month subscription pack 📝 IHG Hotels & Resorts to double presence in India with 100 operating hotels in five years 📝 ADIF and IIT Guwahati incubation center sign MoU to boost startup ecosystem 📝 India's pharma exports rise 10% to USD 27.9 bn in FY24 📝 Tata Sons preparing for Tata Capital IPO with potential lookout for bankers: Report 📝 Network-as-a-service provider CloudExtel raises Rs 200 crore debt 📝 Boeing Q1 Results: Revenue declines 8%, first in 7 qtrs as deliveries decline *Mint :* 📝 Axis Bank Q4 Results: Net profit at ₹7,130 crore, NII rises 11.5% YoY 📝 Tata Consumer Products expects tea volumes to grow in the mid-term 📝 HUL Q4 results: Net profit at ₹2,406 crore, announces dividend of ₹24 per share 📝 India-South Korea CEPA review talks likely in May or June 📝 Bombay High Court dismisses Zee promoters’ petition against loan default order 📝 AU Small Finance Bank Q4 results: Net profit at ₹370.7 crore 📝 RVNL JV win project worth ₹439 cr from Southern Railway 📝 Chennai Petro Q4 results: Net profit up 71.9% at ₹628 crore 📝 GPT Infra bags order worth ₹487 cr from Central Railway, Mumbai 📝 Govt's career service portal to compete with job websites 📝 Trai to restart consultations on allocation of satcom airwaves

*News Headlines from Business News Agencies :* *Business Standard :* 📝 RBI tells Kotak Mahindra Bank told to stop issuing new credit cards 📝 LTIMindtree Q4 results: Profit dips 1.2% to Rs 1,100 cr, revenue up 2.3% 📝 Bayer partners govt's CSC, Gram Unnati for last-mile agri inputs delivery 📝 Rapido to offer free rides to differently-abled voters in Karnataka 📝 FSIB recommends Ashutosh Kumar for SBI MD, Asheesh Pandey for Indian Bank 📝 JP Morgan CEO Dimon commends Modi govt for Aadhaar, poverty alleviation 📝 GST, China imports emerge as major poll issues among lock industry traders 📝 Nippon Life AMC Q4 results: Profit after tax jumps 73% to Rs 343 crore 📝 Centre considering widening housing subsidy scope for urban poor under PMAY 📝 SKA Group to invest Rs 600 cr to build premium housing project in Gr Noida 📝 REITs, InvITs mobilise Rs 1.3 trillion in past four years: RBI data 📝 EU raids Chinese security equipment firm over foreign subsidies concerns *Economic Times :* 📝 HUL Q4 Results: Net profit drops 6% YoY to Rs 2,406 crore 📝 Tata Passenger Electric Mobility to supply 2,000 XPRES-T units to Vertelo 📝 Realty developer Eldeco raises Rs 350 crore from HDFC Capital 📝 Axis Bank board approves Rs 55,000 crore fundraise via mix of debt and equity 📝 Indian Railways targets raking in Rs 5,400 crore from scrap sale 📝 JioCinema set to disrupt SVOD market with Rs 30 per month subscription pack 📝 IHG Hotels & Resorts to double presence in India with 100 operating hotels in five years 📝 ADIF and IIT Guwahati incubation center sign MoU to boost startup ecosystem 📝 India's pharma exports rise 10% to USD 27.9 bn in FY24 📝 Tata Sons preparing for Tata Capital IPO with potential lookout for bankers: Report 📝 Network-as-a-service provider CloudExtel raises Rs 200 crore debt 📝 Boeing Q1 Results: Revenue declines 8%, first in 7 qtrs as deliveries decline *Mint :* 📝 Axis Bank Q4 Results: Net profit at ₹7,130 crore, NII rises 11.5% YoY 📝 Tata Consumer Products expects tea volumes to grow in the mid-term 📝 HUL Q4 results: Net profit at ₹2,406 crore, announces dividend of ₹24 per share 📝 India-South Korea CEPA review talks likely in May or June 📝 Bombay High Court dismisses Zee promoters’ petition against loan default order 📝 AU Small Finance Bank Q4 results: Net profit at ₹370.7 crore 📝 RVNL JV win project worth ₹439 cr from Southern Railway 📝 Chennai Petro Q4 results: Net profit up 71.9% at ₹628 crore 📝 GPT Infra bags order worth ₹487 cr from Central Railway, Mumbai 📝 Govt's career service portal to compete with job websites 📝 Trai to restart consultations on allocation of satcom airwaves

Good Morning *News Headlines from Business News Agencies :* *Business Standard :* 📝 Piramal Finance plans to double retail AUM to Rs 1 trillion by FY28 📝 Hyundai opposes duty relief on hybrids, says it will hurt petrol vehicles 📝 Amid heatwave, Delhi's peak power demand reaches record high of 8,647 MW 📝 Power ministry asks utilities to be on high alert due to rising demand 📝 Future Generali India Life announces 12% hike in bonus to policyholders 📝 BLS E-Services to acquire 55% stake in Aadifidelis Solution for Rs 190 cr 📝 77% rural households provided with tap water connections: Govt data 📝 Coal India exploring lithium assets in Argentina with US company 📝 BPCL to invest Rs 1,400 cr to set up sustainable aviation fuel facilities 📝 Ahead of JP Morgan's inclusion, HSBC sees $250 mn of India swap deals 📝 China's jet fuel exports up 68.1% on year in May on rising travel demand 📝 HUDCO raises $200 mn from overseas lenders for its foray into loan market *Economic Times :* 📝 India's net direct tax collections up 21% YoY to over Rs 4.62 lakh cr in April-June 📝 India poised for strong growth; but no room for complacency: Shaktikanta Das 📝 Vodafone PLC to sell 9.9% stake in Indus Towers on Wednesday through block deals 📝 Germany-based ZF group likely to sell upto 5% stake in ZF Commercial Vehicle for Rs 1,423 crore 📝 GenAI startup Ayna raises $1.5 million in funding round led by Inflexor Ventures 📝 Infosys rolls out AI-powered marketing offering Aster to boost sales by 40% 📝 Larsen & Toubro bags 'significant' orders in Hyderabad, Mumbai 📝 Dhanlaxmi Bank appoints Ajith Kumar KK as MD and CEO 📝 Nachiket Pantvaidya appointed GM of Sony Pictures International Productions India 📝 Amazon announces expansion of its grocery service unit to over 130 cities 📝 eBikeGo plans to expand e-two-wheeler fleet to 1 lakh units by FY26 📝 Aye Finance raises $30 million in debt from Dutch development bank *Mint :* 📝 Fitch raises India's growth forecast for FY25 to 7.2% from 7% 📝 India Inc’s revenue growth likely to slow down QoQ in Q1FY25: ICRA 📝 Centre plans to bring t-shirts, innerwear under PLI scheme for textiles 📝 Govt may hike exemption limit to ₹5 lakh under new income tax regime: Report 📝 Poonawalla Fincorp grants 22, 30,000 stock options under ESOP 2024 Scheme-II 📝 AMD bets big on 'pervasive AI' to keep pace with the chip race 📝 Elon Musk plans stock option grants to Tesla's high-performers, says report 📝 Tesla sues EV-battery-supplier Matthews over alleged disclosure of trade secrets 📝 Jewllery demand turns dull as gold becomes pricier: Icra 📝 Rental growth slows in India's top cities amid housing supply surge 📝 Sebi plans tweaks to address derivative trading risks: Report

12 June 2024 News Headlines from Business News Agencies: Business Standard : 📝 Ficci appoints Jyoti Vij as new director general with immediate effect 📝 Steel demand expected to grow in range of 9-12% in FY25: Ind-Ra report 📝 IBBI proposes reducing compliance burden, simplifying forms for RPs 📝 Persistent Systems partners with Google Cloud to drive GenAI in key markets 📝 Trade and industry bodies in Rajasthan call for creating solar energy hub 📝 NCLAT asks ICICI to consider OTS proposal in Jaiprakash Associates case 📝 Exports from special economic zones up 4% to $163.69 bn in 2023-24 📝 Tata Motors planning to invest Rs 18,000 cr in EV division till FY30 📝 Micro loans grow 27% in March quarter, stress levels inch up: Report 📝 Daimler India names Muthu Maruthachalam as new chief of ops, logistics 📝 India reports sixth strongest hiring outlook globally in Sept qtr: Survey Economic Times : 📝 HCLTech, Germany's apoBank extend ties with $278-million deal 📝 OPEC sticks to 2024 oil demand growth forecast, but trims Q1 view 📝 PV sales up in low-digits as growth pace moderated in May: SIAM 📝 Star Health & Allied Insurance plans 15% price hike for two products 📝 India eyes oil deals with nations including Russia, minister says 📝 Waaree Energies supplies 68 MW solar modules to Gensol Engineering 📝 Tyre exports from India recorded at Rs 23,073 cr in FY24 📝 Magenta Mobility joins hands with with Tata Motors, deploys 100 Ace EV 📝 Tata Motors eyes 4-6% increase in passenger vehicle market share over the next 2 to 3 years 📝 MyGate founder Vijay Arisetty joins Aurm as founder and CEO 📝 FIDC urges RBI to relax draft guidelines on infrastructure provisioning Mint : 📝 SBI says MSME loans will be focal point for growth over next 5 yrs 📝 Berger Paints plans retail expansion to grow in south, west India markets: CEO 📝 Ola Electric gets SEBI nod to launch ₹5,500 crore IPO: Report 📝 VaynerMedia sets up full-service ad agency in Gurugram, lured by India's economy 📝 Zomato to pump ₹300 crore more into quick commerce arm Blinkit 📝 SBI to raise USD 3 billion through debt in FY2025 📝 Warburg Pincus, Multiples PE enter final lap to acquire stake in Ebco 📝 Private credit to real estate, UTI Alternatives embarks on a fundraising spree 📝 Not just Air India, most airlines have a long-haul punctuality problem 📝 India's semiconductor industry to face 300,000 professionals shortage by 2027 📝 RBI rejects reappointment of RK Bansal as Edelweiss ARC

*News Headlines from Business News Agencies:* *Business Standard* 📝 Ficci appoints Jyoti Vij as new director general with immediate effect 📝 Steel demand expected to grow in range of 9-12% in FY25: Ind-Ra report 📝 IBBI proposes reducing compliance burden, simplifying forms for RPs 📝 Persistent Systems partners with Google Cloud to drive GenAI in key markets 📝 Trade and industry bodies in Rajasthan call for creating solar energy hub 📝 NCLAT asks ICICI to consider OTS proposal in Jaiprakash Associates case 📝 Exports from special economic zones up 4% to $163.69 bn in 2023-24 📝 Tata Motors planning to invest Rs 18,000 cr in EV division till FY30 📝 Micro loans grow 27% in March quarter, stress levels inch up: Report 📝 Daimler India names Muthu Maruthachalam as new chief of ops, logistics 📝 India reports sixth strongest hiring outlook globally in Sept qtr: Survey *Economic Times* 📝 HCLTech, Germany's apoBank extend ties with $278-million deal 📝 OPEC sticks to 2024 oil demand growth forecast, but trims Q1 view 📝 PV sales up in low-digits as growth pace moderated in May: SIAM 📝 Star Health & Allied Insurance plans 15% price hike for two products 📝 India eyes oil deals with nations including Russia, minister says 📝 Waaree Energies supplies 68 MW solar modules to Gensol Engineering 📝 Tyre exports from India recorded at Rs 23,073 cr in FY24 📝 Magenta Mobility joins hands with with Tata Motors, deploys 100 Ace EV 📝 Tata Motors eyes 4-6% increase in passenger vehicle market share over the next 2 to 3 years 📝 MyGate founder Vijay Arisetty joins Aurm as founder and CEO 📝 FIDC urges RBI to relax draft guidelines on infrastructure provisioning *Mint* 📝 SBI says MSME loans will be focal point for growth over next 5 yrs 📝 Berger Paints plans retail expansion to grow in south, west India markets: CEO 📝 Ola Electric gets SEBI nod to launch ₹5,500 crore IPO: Report 📝 VaynerMedia sets up full-service ad agency in Gurugram, lured by India's economy 📝 Zomato to pump ₹300 crore more into quick commerce arm Blinkit 📝 SBI to raise USD 3 billion through debt in FY2025 📝 Warburg Pincus, Multiples PE enter final lap to acquire stake in Ebco 📝 Private credit to real estate, UTI Alternatives embarks on a fundraising spree 📝 Not just Air India, most airlines have a long-haul punctuality problem 📝 India's semiconductor industry to face 300,000 professionals shortage by 2027 📝 RBI rejects reappointment of RK Bansal as Edelweiss ARC chief For information only

*Business News Headlines* *Economic Times* Ø Centre readies 'One nation, One poll' draft; to reach out to all parties Ø Car sales plunge 14% in Nov amid weaker demand and festive spillover Ø Pharma market picks up pace, sees 10% value growth in Nov Ø Ad giant Omnicom to buy rival Interpublic in $13.25 Billion deal Ø Indian entertainment industry to grow at 8.3% CAGR to reach Rs 3,65,000 Crore by 2028: PwC Ø Torrent Power's Rs 3,500 Cr QIP over subscribed 4 times Ø Tiger Logistics plans to raise up to Rs 400 Cr Ø GST officers detect Rs 35,132 Cr ITC evasion by over 17,000 fake firms Ø PSB loan write off in H1 FY25 at Rs 42,000 Cr Ø Space startup Pixxel secures $24 Million funding from M&G Catalyst, others Ø Lenskart signs MoU to set up new manufacturing plant in Telangana; will invest Rs 1,500 Crore *Business Standard* Ø Tata Group-owned Air India places an order with Airbus for 100 Planes Ø Blackstone eyes $10 Bn for third Asia PE fund, to bet big on India Ø Vi board approves plan to raise Rs 1,980 Crore from promoter units Ø PFC raises Rs 6,252 Crore via issuance of bonds with different maturities Ø Flipkart-backed super.money jumps to sixth position in UPI volumes Ø China targets Nvidia with antitrust probe, escalating US chip tensions Ø Airtel's AI-powered spam filter catches 8 Bn calls and 0.8 Bn SMS Ø Rekha Jhunjhunwala-backed IKS Health sets IPO Price band at Rs 1,265-1,329 Ø FDI equity flows up 45% at $29.8 Billion in H1FY25, shows govt data Ø India, Australia outline path for early conclusion of comprehensive FTA Ø HSBC India launches premium credit card Prive for Private banking clients Ø Microfinance loan book shrinks by 3.7% sequentially to Rs 4.08 Trn in Sep Ø Investors pump over Rs 11K Crore in corporate bond funds in 3 months *Financial Express* Ø BookMyShow Profit increases 27% to Rs 109 Crore in FY24 Ø RBI’s ECL, LCR proposals may hike credit cost by 400-500 BPS Ø Sebi warns against trading in unlisted securities of publicly listed companies Ø Livguard plans to incur capex of Rs 3,360 Cr in 5 years Ø Rajasthan investor summit draws Rs 35 Lakh Crore pledges Ø LG India paid Rs 323 Crore in royalty in FY24 Ø Trident announces plans to invest an additional Rs 3000 Crore in Madhya Pradesh’s textile sector *Mint* Ø Centre decides to bring Solar cells under the ambit of ALMM Ø Govt considers suggestions from over 100 entities on Digital Competition Bill Ø Metropolis acquires Core Diagnostics, strengthens oncology play Ø China eases monetary policy stance, vows more fiscal support Ø BP and Jera to Invest Up to $5.8 Billion in Offshore Wind Ø GIC Picks JPMorgan to Advise on $5 Billion Greenko Stake Sale Ø House panel recommends dedicated coal corridors, real-time tracking Ø PE fund Wilson & Hughes to pump in ₹1,000 Crore to revive Cox & Kings Ø Boliden Buys Lundin Zinc, Copper Mines for Up to $1.5 Billion

*News Headlines from Business News Agencies:* *Business Standard* 📝 Ficci appoints Jyoti Vij as new director general with immediate effect 📝 Steel demand expected to grow in range of 9-12% in FY25: Ind-Ra report 📝 IBBI proposes reducing compliance burden, simplifying forms for RPs 📝 Persistent Systems partners with Google Cloud to drive GenAI in key markets 📝 Trade and industry bodies in Rajasthan call for creating solar energy hub 📝 NCLAT asks ICICI to consider OTS proposal in Jaiprakash Associates case 📝 Exports from special economic zones up 4% to $163.69 bn in 2023-24 📝 Tata Motors planning to invest Rs 18,000 cr in EV division till FY30 📝 Micro loans grow 27% in March quarter, stress levels inch up: Report 📝 Daimler India names Muthu Maruthachalam as new chief of ops, logistics 📝 India reports sixth strongest hiring outlook globally in Sept qtr: Survey *Economic Times* 📝 HCLTech, Germany's apoBank extend ties with $278-million deal 📝 OPEC sticks to 2024 oil demand growth forecast, but trims Q1 view 📝 PV sales up in low-digits as growth pace moderated in May: SIAM 📝 Star Health & Allied Insurance plans 15% price hike for two products 📝 India eyes oil deals with nations including Russia, minister says 📝 Waaree Energies supplies 68 MW solar modules to Gensol Engineering 📝 Tyre exports from India recorded at Rs 23,073 cr in FY24 📝 Magenta Mobility joins hands with with Tata Motors, deploys 100 Ace EV 📝 Tata Motors eyes 4-6% increase in passenger vehicle market share over the next 2 to 3 years 📝 MyGate founder Vijay Arisetty joins Aurm as founder and CEO 📝 FIDC urges RBI to relax draft guidelines on infrastructure provisioning *Mint* 📝 SBI says MSME loans will be focal point for growth over next 5 yrs 📝 Berger Paints plans retail expansion to grow in south, west India markets: CEO 📝 Ola Electric gets SEBI nod to launch ₹5,500 crore IPO: Report 📝 VaynerMedia sets up full-service ad agency in Gurugram, lured by India's economy 📝 Zomato to pump ₹300 crore more into quick commerce arm Blinkit 📝 SBI to raise USD 3 billion through debt in FY2025 📝 Warburg Pincus, Multiples PE enter final lap to acquire stake in Ebco 📝 Private credit to real estate, UTI Alternatives embarks on a fundraising spree 📝 Not just Air India, most airlines have a long-haul punctuality problem 📝 India's semiconductor industry to face 300,000 professionals shortage by 2027 📝 RBI rejects reappointment of RK Bansal as Edelweiss ARC chief.

*News Headlines from Business News Agencies :* *Business Standard :* 📝 Bank of India raises Rs 5,000 crore at 7.54% through 10-year infra bonds 📝 ECB keeps interest rates unchanged, offers no guidance on next move 📝 Houses worth over Rs 4 cr record 27% growth in sales in Delhi-NCR: CBRE 📝 LTIMindtree bags multimillion dollar contract extension with Absa Bank 📝 Revival in rural spending pushing demand conditions: RBI bulletin 📝 Nokia reports double-digit Q2 profit drop, expects better second half 📝 WazirX suffers security breach after suspicious $230 million transfer 📝 Sterling and Wilson Renewable Energy reports Rs 4.8 cr profit in Q1 profits 📝 Tata Communications Q1FY25 results: Revenue rises 18% to Rs 5,633 cr 📝 Vedanta's QIP receives bids for Rs 23,000 cr against offer of Rs 8,000 cr 📝 Capitalmind to launch Rs 500 cr in maiden AIF, to invest in 20-40 stock *Economic Times :* 📝 USFDA classifies Zydus Lifesciences Jarod unit as 'official action indicated' 📝 $100 bln Indo-Russia bilateral trade achievable by 2030, trade gap no worry: GTRI 📝 Infosys Q1 headcount drops by 1,908; to hire up to 20,000 freshers in FY25 📝 Gujarat launches scheme to provide rented accommodation to construction workers for Rs 5 per day 📝 Jai Balaji aims 25% growth in sales, to turn debt-free in 15 months 📝 Navi Mutual Fund launches Nifty 500 Multicap 50:25:25 index fund 📝 DPIIT steps led to investment commitments of over Rs 1100 cr from global tyre makers 📝 Venture firm Promaft Partners announces inaugural Rs 1,000 crore fund 📝 Toshiba to invest Rs 500 crore to increase production capacity of power transmission 📝 Tata AIG partners with Mahindra Finance to distribute motor, health insurance products 📝 Indian real estate sees deals worth USD 1.56 bn in Apr-Jun; up nearly 8-fold from Q1: Grant Thornton *Mint :* 📝 FICCI projects 7% GDP growth for India in 2024-25 📝 Farm loan waivers pose increased risk to PSU banks and MFIs: Report 📝 DLF becomes India's most valuable real estate firm, worth over ₹2 trillion 📝 India pitches for significant duty reduction on exports to South Korea 📝 Google, parent Alphabet face Italy’s antitrust probe on commercial practices 📝 Medical device import grows in last one year in India 📝 Byju's appeals against insolvency order, seeks urgent hearing from NCLAT: Report 📝 Tata Technologies Q1 Results: Net profit slumps 15% to ₹162 crore 📝 Indian economy entering a ‘Goldilocks period’, says Old Bridge MF 📝 GIFT City: Panel calls for a new framework for dispute resolution at the IFSC 📝 Aegis Vopak Terminals looks to raise around $500 million in a $3-billion IPO 📝 ADB sanctions $240.5 million loan to boost India's rooftop solar systems