Headlines

*Economic Times*

📝 Formal sector workers under EPFO surge by 13.2% to 13.9 million in 2022-23

📝 CCI now wants global M&A deals to come into its ambit

📝 IAF temporarily grounds MiG-21 squadrons

📝 Sebi proposes to cut down IPO listing timeline to 3 days from 6 days

📝 Divi’s Labs Q4 Results: Cons PAT slumps 64% YoY to Rs 321 crore; Rs 30/share dividend declared

📝 VA Tech WABAG Q4 Results: Firm records standalone net loss of Rs 95 crore

📝 India's engineering exports to Russia jump 11 times in April: EEPC

📝 Federal Bank eyes up to $486 million fundraising

📝 Delhivery invests in ecommerce SaaS startup Vinculum in direct-to-consumer push

📝 TechnipFMC to invest $150 million to set up facility in Hyderabad

*Business Standard*

📝 Centre issues ordinance to take control of services dept of Delhi govt

📝 Internet retail growth shows signs of maturing shopper base: Report

📝 G7 meet: Climate change, energy security biggest challenges, says PM Modi

📝 Navy to receive INSV Tarini on May 23 after her 17,000 nm voyage: Officials

📝 Withdrawal of Rs 2,000 notes will have no perceptible effect on economy: Arvind Panagariya

*Financial Express*

📝 L&T Finance to expand SME finance business

📝 Jio’s 5G wireless broadband ramp-up to benefit Airtel also, say analysts

📝 Summer crop area dips 3%

📝 Sebi proposes institutional mechanism for AMCs for deterrence of market abuse, fraudulent transaction

*Mint*

📝 SECL’s Gevra coal mine in Chhattisgarh to be largest in Asia

📝 MCX Q4 net profit tumbles 85% to ₹5.45 Cr on higher software support charges, Board declares ₹19.09 dividend

📝 NASA taps Jeff Bezos's Blue Origin to build Moon lander for Artemis 5 mission

📝 Govt to organize international conference on Indian pharma, medical devices on 26-27 May

📝 Indo-Indonesia bilateral exercise Samudra Shakti-23 concludes in South China Sea

📝 India reports 782 new covid cases in a day.