News Headlines from Business News Agencies 21.08.2024

*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