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“Being kind gives you so much strength that you don’t change yourself, even for the unkind ones”.
Very Good Morning ๐
Today's Headlines from :
*Economic Times*
๐ India mulls rule changes to boost $731 billion insurance sector
๐ Bain Capital sells 0.7% stake in Axis Bank for Rs 2,178 crore, 50 FPIs lap up shares
๐ Drone maker IdeaForge raises Rs 60 cr in pre-IPO round
๐ Nabard raises Rs 5,000 cr through sale of bonds
๐ Goods exports contract 10.3% in May
๐ MEIL group company bags Rs 500 crore order from defence ministry
๐ ECB raises rates to 22-year high and signals more to come
๐ MCA orders probe into Hero MotoCorp in fund diversion case
๐ Samvardhana Motherson arm to buy Cirma SAS for Rs 7.2 million
๐ Kalpataru acquires redevelopment project in Mumbai’s Borivali, to invest Rs 700 crore
๐ HomeLane raises $9 million via convertible notes, denies sale talk
๐ PE fund ChrysCapital invests $100 million in eyewear retailer Lenskart
*Business Standard*
๐ Govt set to garner record Rs 63,000 crore in dividend from listed PSUs
๐ Reliance in talks with lenders for $2 billion loan to fuel expansion
๐ Exports contract for 4th straight month; trade deficit hits 5-month high
๐ Vistara expands codeshare partnership with European airline Lufthansa
๐ Lenskart raises $100 mn from ChrysCapital, plans global expansion
๐ Ashok Leyland, Aidrivers to make autonomous truck model for port operations
๐ GST Council to meet in Delhi on July 11, may resolve online gaming issue
๐ NabFID seeks to raise about $1 billion from multilateral institutions
๐ Govt plans to ask lawyers to report clients' dubious transactions
๐ AI may add $4.4 trillion annually to global economy, says McKinsey
*Financial Express*
๐ BSNL see revenue slide in nine circles in FY23
๐ Hindustan Power Exchange crosses 5 bn units trade within 11 months of launch
๐ JSPL announces balance sheet restructuring to cut Mauritius arm debt by Rs 7,776.51 crore
๐ NHPC seeks $600 million from Japanese banks for expansion into solar power
๐ Indirect tax receipts rise 19% in April-May; Collections in line with Budget projections
๐ World Trade Organisation panel asks India, European Union to negotiate IT tariffs by September
๐ Sebi notifies disclosure rules; asks top 100 listed companies to confirm or deny market rumour from Oct 1
๐ Coal stock grows 44 pc to over 110 MT: Coal Ministry
*Mint*
๐ India seeks exemptions for MSMEs from EU's carbon tax: Commerce Secy
๐ SIA may raise stake in Air India to 40%
๐ India's debt level is likely to decline, says Moody's
๐ Wipro opens new 5G Def-i Innovation Center in Texas
๐ IndiGo breaches 60%-mark in domestic market share
๐ IdeaForge Technology completes pre-IPO round at ₹2,500 crore valuation.
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