25th June 2K21
Ø RBI launches FY21 round of survey on ITES Exports
Ø India again urges OPEC to phase out oil output cuts
Ø Bank of Maharashtra gets shareholders' nod to raise Rs 5,000 Cr
Ø LIC Housing Finance to raise over Rs 2,334 cr from LIC as equity capital
Ø Future Retail seeks extension of time for filing results
Ø PTC India posts 4% rise in Q4 profit to Rs 49.77 Cr
Ø India Pesticides IPO Subscribed 3.8 times on Day 2
Ø Union Bank of India raises Rs 850 Cr through Bonds
Ø NDMC increases License fees for 2021-22 by up to 7 %
Ø Insurers have settled 15.3 lakh health and 48,000 life claims amid lethal second wave: Irdai Official
Ø Reliance Industries to invest Rs 75,000 crore on new clean energy business over 3 years
Ø India's engineering, research, development market to reach USD 63 bln by 2025: Nasscom
Ø WealthDesk closes its pre-Series A funding round at $3.2 million
Ø Edtech startup Classplus raises $65 million from Tiger Global, others
Ø RBI tightens dividend payout norms for NBFCs, links them to bad debt
Ø RIL offers Board seat to Saudi Aramco's Yasir Al-Rumayyan in global push
Ø Apollo Hospitals pegs a $2.3 Billion sales target for new company
Ø Covered bond issuances increase to Rs 2,200 cr in FY21: ICRA report
Ø CEA expects food inflation to ease with unlock and good monsoon
Ø China all set to operationalise the first electric train in Tibet
Ø Markets regulator Sebi plans to come out with framework for SPACs
Ø Microsoft shows Windows 11, first major overhaul in six years
Ø Govt to amend Apprenticeship Act in monsoon session to boost hiring
Ø Centre may review IBC provision on withdrawal of case
Ø ReNew Power eyes Morgan Stanley stake in Continuum
Ø Indian Bank raises ₹1,650 Crore via QIP
Ø E-way bills pick up further pace in third week of June
Ø Union Bank of India raises ₹850 Cr through bonds
Ø Domestic Air Traffic expected to improve by 52% in FY22: Capa
Ø India's bank Credit-to-GDP Ratio inches up to 56% in 2020: BIS data
Ø US initial Jobless claims fell slightly last week to 411,000
Ø Visa buys Swedish Fintech Tink for more than $2 Billion
Ø Maharashtra State Cooperative Bank reports Rs 369-crore net in FY21
Ø Reliance Retail to grow 3x in next 3-5 years, create 10 lakh jobs: RIL Chairman
Ø French firm Imerys pumps in Rs 350 cr in new facility in Andhra Pradesh
Ø Bank of England keeps UK rates at record low of 0.1%
Ø States’ revenues set to cross pre-pandemic level this fiscal: Report
Ø IPO-bound Veeda Clinical Research raises $16 mln in round led by Sabre PE
Ø BSE collaborates with GIFT SEZ to offer finance, capital mkts courses
Ø GMR Infrastructure pledges 2.4 Cr shares in favour of KLJ Plasticizers
Ø Wipro IT Services raises $750 million from overseas bond sale
Ø Paytm extends deadline for Shareholders to submit documents for share sale to June 30
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⚫With domestic retail fuel prices jumping to record high on rising international oil rates, India pressed oil cartel OPEC for ‘affordable’ oil price within a ‘reasonable band’ and that the producers should phase out production cuts.
⚫RIL announced yet another game changing move, a mega entry into green energy. The company is planning to get into solar power generation and manufacturing, hydrogen production, e-fuels, and energy storage under its “New Energy and New Materials” division.
⚫$32 mn World Bank loan for improving healthcare services in Mizoram.
⚫RBI tightens dividend payout norms for NBFCs, links them to bad debt.
⚫SEBI is planning to come out with framework on special purpose acquisition co's, which will enable listing of startups on domestic stock exchanges.
⚫Microsoft Corp showed Windows 11, which will hit markets toward the end of this year and is the first major revamp of its Windows operating system since 2015.
⚫India administered more than 300 million doses of the Covid-19 vaccine so far, though the daily pace in the last three days has slowed down slightly after touching a record on Monday.
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