Economic Times Ø Govt clears telecom relief package; offers option to convert part of statutory dues into equity Ø Shree Cement to invest Rs 4,750 cr in Rajasthan Ø Tata Motors’ PV business turnaround impresses Shapoorji Pallonji Group Ø NSE-BSE bulk deals: Stitching Depositary, American Funds buys units in Embassy REIT Ø Blackstone sells 6% stake in Embassy Office Parks REIT, raises over Rs 2,020 crore Ø India seeks $109 bn valuation in LIC’s mega IPO Ø Truecaller plans to list on Nasdaq Stockholm Ø Srei Infra CEO Rakesh Bhutoria resigns Ø Sansera Engineering IPO fully subscribed on Day 2 Ø CarTrade launches one-stop services platform to buy, sell pre-owned cars Ø JSW Steel obtains five-times higher bids for $1 bn offshore bond sales Business Standard Ø Telecom reforms usher in new era for India's digital ambitions: Telcos Ø Tatas, SpiceJet's Ajay Singh submit financial bids to acquire Air India Ø Adani Transmission to invest Rs 1,200 cr in MP to strengthen power system Ø 5G spectrum auction most probably in February 2022: Telecom minister Ø Improved volumes, margins point to strong FY22 for Concor Ø Axis board gives approval to reclassify Oriental Co as public shareholder Ø Fitch upgrades outlook on Shriram Transport from 'negative' to 'stable' Ø Tata Steel, JSW Steel betting big on tinplate Ø Despite chip shortage, automakers expect better festive season Ø 'PLI for auto aims to ramp up new technologies in the sector' Ø India needs $8 trn in greenfield assets to become $5 trn economy: Deloitte Financial Express Ø SC says no power to condone delay in NSEL appeal Ø IPO-bound OYO to become public limited company Ø Infosys completes buyback of 5.58 crore shares worth Rs 9,200 crore Ø Maharashtra to start sugar crushing season on Oct 15 Ø Edible oil import duty relief not fully passed on to consumers Ø Ami Organics IPO subscribed 64.54 times on closing day Ø Godrej Consumer Products expects double-digit growth in FY'22 Ø CNG price may rise 10-11% in October Ø Financial bids for BPCL after September Ø NTPC Darlipali Thermal Power Station's Unit 2 to start commercial operation from Sep 1 Ø Edible oil import duty relief not fully passed on to consumers Mint Ø AUM growth so far may put a shine on fund houses’ earnings Ø Yes Bank wants resolution on board? revamp? at?Dish?TV?AGM Ø Drop in retail inflation is a comfort but some spoilers lie ahead Ø Volume growth, deleveraging to boost JSW Steel’s earnings Ø Varun Beverages set to gain from robust growth outlook Ø HUL’s vision is good but valuations may cap stock’s near-term upsides Ø Oil India’s efforts to pare debt help boost investor sentiment Ø Chip shortage drives tech companies and car makers closer Ø Reliance Infra to use ?7,100 cr from DMRC arbitral award to repay debt' Ø Sebi confirms directions passed against 6 entities in Infosys insider trading case Ø India's space-tech startups steering a rough ride Ø Govt to sell up to 10% stake in Hindustan Copper via OFS Ø Rising demand, green plans power shares of JSW Energy
