News Headlines from Business News Agencies:
Business Standard:
RBI asks banks to monitor credit-deposit gap to avoid liquidity issues
Phoenix invites bids from ARCs for sale of Rs 3,550 crore retail NPA
Banks' borrowings in India crosses Rs 9 trillion-mark in July: RBI
Expects positive news on indigenous Mpox vaccine within a year: Poonawalla
Zomato zooms past Swiggy in terms of growth in July, captures more market
No plan to probe Buch over Hindenburg row: FinMin sources deny media report
Trai urges telcos to control misuse of message headers, content templates
Account Aggregator ecosystem clocks 100 million consents on framework
Global gaming major Flutter bets big on India, opens GCC in Hyderabad
Grasim records Rs 1.30 trillion revenue for FY24, driven by cement business
EU approves $5.5 bn German aid under Chips Act for ESMC Dresden plant
Economic Times:
FPIs turn to the primary market amid soaring valuations in the secondary market
Mynd IFSC launches M1NXT in GIFT City to push trade finance
Granules India gets USFDA nod for generic Glycopyrrolate oral solution
Indian companies to spend $45-50 billion in capex over 1-2 years, RIL to lead: Moody's
Sebi mulls making rights issues more lucrative for companies to raise money
Axiscades subsidiary bags energy storage project by UK-based Highview Power
ARC assets set to drop 7-10% this FY amidst stiff competition from NARCL: CRISIL
JR One Footwear to set up two more factories in TN
BharatPe to offer secured loans to merchant partners; announces partnership with OTO Capital and Volt Money
UBS pegs $15.4 billion enterprise value to Zomato's Blinkit business
Four listed REITs distribute Rs 1,371 cr to unitholders in June quarter
Mint:
Supreme Court declines Byju's plea to block formation of creditors' committee
GIFT City regulator halts approvals for local families to invest abroad: Report
Reliance-Disney's $8.5 billion media merger will hurt competition, says CCI
Recent tariff hikes will drive higher ARPU for telecom operators: Report
Retail investors continue to dominate mutual funds, hold 61% of total assets
Reliance Capital administrator defends use of 'Reliance' brand amid dispute
Exports of key commodities fall in April-July amid rising trade deficit
MobiKwik turns profitable, aims to boost offerings for small-town merchants
Greaves Cotton arm partners with River Mobility to offer customised Financing Solutions
Axis Bank to sell stake in finance unit, looks at listing too
IOC, HPCL and BPCL consortium in talks with Equinor to secure LPG contract
US seeks L&T chair S.N. Subrahmanyan’s testimony in Cognizant bribery case
Business Standard:
RBI asks banks to monitor credit-deposit gap to avoid liquidity issues Phoenix invites bids from ARCs for sale of Rs 3,550 crore retail NPA Banks' borrowings in India crosses Rs 9 trillion-mark in July: RBI Expects positive news on indigenous Mpox vaccine within a year: Poonawalla Zomato zooms past Swiggy in terms of growth in July, captures more market No plan to probe Buch over Hindenburg row: FinMin sources deny media report Trai urges telcos to control misuse of message headers, content templates Account Aggregator ecosystem clocks 100 million consents on framework Global gaming major Flutter bets big on India, opens GCC in Hyderabad Grasim records Rs 1.30 trillion revenue for FY24, driven by cement business EU approves $5.5 bn German aid under Chips Act for ESMC Dresden plantEconomic Times:
FPIs turn to the primary market amid soaring valuations in the secondary market Mynd IFSC launches M1NXT in GIFT City to push trade finance Granules India gets USFDA nod for generic Glycopyrrolate oral solution Indian companies to spend $45-50 billion in capex over 1-2 years, RIL to lead: Moody's Sebi mulls making rights issues more lucrative for companies to raise money Axiscades subsidiary bags energy storage project by UK-based Highview Power ARC assets set to drop 7-10% this FY amidst stiff competition from NARCL: CRISIL JR One Footwear to set up two more factories in TN BharatPe to offer secured loans to merchant partners; announces partnership with OTO Capital and Volt Money UBS pegs $15.4 billion enterprise value to Zomato's Blinkit business Four listed REITs distribute Rs 1,371 cr to unitholders in June quarterMint:
Supreme Court declines Byju's plea to block formation of creditors' committee GIFT City regulator halts approvals for local families to invest abroad: Report Reliance-Disney's $8.5 billion media merger will hurt competition, says CCI Recent tariff hikes will drive higher ARPU for telecom operators: Report Retail investors continue to dominate mutual funds, hold 61% of total assets Reliance Capital administrator defends use of 'Reliance' brand amid dispute Exports of key commodities fall in April-July amid rising trade deficit MobiKwik turns profitable, aims to boost offerings for small-town merchants Greaves Cotton arm partners with River Mobility to offer customised Financing Solutions Axis Bank to sell stake in finance unit, looks at listing too IOC, HPCL and BPCL consortium in talks with Equinor to secure LPG contract US seeks L&T chair S.N. Subrahmanyan’s testimony in Cognizant bribery case