Monday, 5 June 2023
Headlines from SIPfund.
*Economic Times*
📝 Godrej Properties hikes stake in two subsidiaries, gets complete control
📝 Bajaj Finserv to invest Rs 5k cr in Pune; will create 40k jobs, says Devendra Fadnavis
📝 88 pc wage payment under MNREGS done through Aadhaar Based Payment System in May: Govt
📝 World Bank's new chief Ajay Banga asks staff to 'double down' on development, climate efforts
📝 Swiss administration hit by cyber attack
📝 Food-delivery firms Zomato, Swiggy clock only 7% growth in biz during IPL: report
📝 Majority of EU countries against network fee levy on Big Tech: report
*Business Standard*
📝 Train accident: Govt asks airlines to keep fares on Odisha flights in check
📝 FPIs invest Rs 43,838 cr in India in May, likely to continue in June
📝 RBI-MPC may lower inflation forecast marginally: BoB Chief Economist
📝 Less than 1 in 3 startups manage to raise follow-on funding: Study
📝 US Defence Secy Lloyd Austin to arrive in India for a 2-day visit on Sunday
*Financial Express*
📝 Goa: Engagement group meet to discuss USD 1 trillion investment in start ups by 2030
📝 Future Lifestyle gets claims of Rs 2,156 cr from 12 creditors
📝 India Cements embarks on turnaround strategy
📝 Pakistan would not default on any sovereign commitments: Finance Minister Dar
*Mint*
📝 Odisha train accident: LIC simplifies claim process for tragedy victims
📝 European Union formally notifies carbon tax at WTO
📝 India’s fossil fuel burn to surge as heatwave triggers peak power demand: S&P
📝 Next G20 health meeting to focus on global health priorities
India Daybook – Stocks in News
*P&G:* Net profit up 36.5% Rs 210.7 cr, Revenue up 8.9% at Rs 1,138.4 cr YoY *TVS Motors:* Net profit at Rs 536.6 cr vs poll Rs 520.0 c...
-
Ashok Leyland:* 14110 units versus 13273 units ( *Up 6.0%* ) Tata Motors:* 72600 units versus 76210 units ( *Down 4.7%* ) M&M Total:* ...
-
The company, which runs the fashion brand Killer, has entered a strategic partnership Board of Control for Cricket in India to become an off...
-
The IT company said subsidiary Comviva Technologies along with the company’s step-down subsidiary Comviva Technologies BV agreed to sell 0....