Financial Express Mumbai - June 02, 2023
Financial Express Mumbai - June 02, 2023
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In this issue
June 02, 2023
Global funds eye entry into Indian pvt credit space
GLOBAL INVESTOR FORTRESS Investment Group, US-based HPS Partners, Qatar-based Power International Holding (PIH) and others are evaluating deals in the Indian private credit space. All of them are in touch with investment bankers in India for deals in private credit, said sources aware of the developments.
2 mins
Byju's lenders scrap $1.2-bn loan rejig talks
FIRM HID $500 MN: CREDITORS
1 min
Go First submits 6-month revival plan
THE INTERIM RESOLUTION professional (IRP) of Go First has submitted a six-month revival plan to the Directorate General of Civil Aviation (DGCA), saying it is ready to resume operations with 26 operational aircraft and 400 pilots on its rolls.
1 min
IDBI Bank buyer to get tax waiver on LIC stake
CBDT amends taxation rules for notional gains over acquisition price
2 mins
GST collections in May rise 11.5% to ₹1.57 trn
Monthly revenues at over ₹1.4 trillion for 14 months in a row
1 min
Price of commercial LPG cut by ₹83.5, ATF by 7%
INDIAN OIL CORPORATION (IOCL) on Thursday slashed prices of liquefied petroleum gas (LPG) for commercial users and domestic aviation turbine fuel (ATF), marking a continued downward trend in recent months due to lower international oil prices.
1 min
Manufacturing PMI in May hits highest level in 31 months
Factory orders rise at fastest pace since January 2021
1 min
CII pegs FY24 GDP growth at 6.5-6.7%
THE CONFEDERATION OF Indian Industry (CII) expects the country's economy to grow at 6.5-6.7% in the current fiscal and at 7.8% in FY22FY31, as against 6.6% in the previous decade.
1 min
'TCS to continue investments in Cloud, cyber security & 5G'
IT BELLWETHER TATA Consultancy Services' (TCS) new chief's priorities include continuing investments across key and emerging technologies such as Cloud, cyber security and 5G, even as he embarks on an \"exciting new journey\".
1 min
TVS, Ather, Ola hike electric 2 Ws prices as subsidy norms kick in
ELECTRIC TWO-WHEELER makers TVS Motor Company, Ather Energy and Ola Electric have increased prices of their products as curtailed subsidy structure comes into effect from June 1.
2 mins
Car sales on uphill drive in May
Auto sales best since January on strong rural buys and SUV traction
2 mins
Two-wheeler sales jump 50%
DEMAND FOR PETROL and battery electric two-wheelers surged in May on account of the on-going marriage season, strong rural market and prebuying to beat the price hike.
1 min
Fashion retailers prepone sales
TWO OF THE country's top fashion retailers-Ajio and Myntra-have kicked off their end-of-season sales ahead of schedule as slowdown in discretionary spending by consumers weighs on the market.
2 mins
Sebi extends time to submit comments on TER till June 8
SEBI ON THURSDAY extended the timeline till June 8 for submitting public comments on the proposed sweeping changes to mutual fund's expense ratio.
1 min
Financial Express Mumbai Newspaper Description:
Publisher: The Indian Express Ltd.
Category: Newspaper
Language: English
Frequency: Daily
The Financial Express brings the latest and breaking business news from Markets and Industries in India.
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