Following are the major headlines:
- GST Council Clears Transition Rules, States Agree To July 1 Rollout
- Gartner lowers IT spending growth to 7.5% on demonetisation impact
- Lupin drug facility at Pithampur, Indore gets Form 483 from US FDA with 6 observations
- RBI Initiates Prompt Corrective Action Against Dena Bank
- Tata Motors sales decline 4% to 38,361 units in May
- IHH Healthcare key contender to acquire Fortis Healthcare after TPG Capital, General Atlantic drop out owing to differences over valuation
- NTPC forays into electric vehicle charging stations business to be part of promoting clean energy transportation
- JSW Steel gets nod for Rs 50,000-cr mega steel plant in Odisha
- IDBI Bank seeks to sell Rs5,000 crore of non-core assets
- Tata Communications and Batelco tie up for cloud, connectivity solutions, to extend its data centre footprint in locations like Bahrain, Jordon
- Andhra Bank and Allahabad Bank to sell worth Rs6,000 crore of bad loans
- Reliance Communication: Bankers okay SDR ,to get standstill on debt obligations for 7 months
- Raymond CMD urges shareholders to vote against JK House sale at AGM
- Jewellery industry welcomes 3% GST rate on gold
- BEL eyes deal for 7 more Navy missile systems
- GVK Power to sell stake to Fairfax India, exit Bangalore Airport project
- TCS increases local hiring in US, applies only for a third of H-1B visas
- Sebi questions delay in Reliance Communication’s downgrade; agencies blame lack of default info.
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