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...