Market review


The Economic Times Update
Strong monsoon may lift Sensex to 29,000-35,000 points by year end, suggests poll
http://m.economictimes.com/markets/stocks/news/strong-monsoon-may-lift-sensex-to-29000-35000-points-by-year-end-suggests-poll/articleshow/51870407.cms
After Zomato, Snapdeal, Grofers, more startups brace for second round of layoffs
http://m.economictimes.com/jobs/after-zomato-snapdeal-grofers-more-startups-brace-for-second-round-of-layoffs/articleshow/51870626.cms
Banks led by SBI may shut doors on lending to Punjab government's food purchases
http://m.economictimes.com/industry/banking/finance/banks-led-by-sbi-may-shut-doors-on-lending-to-punjab-governments-food-purchases/articleshow/51870456.cms
Sanjay Kapoor, ex-Micromax chairman, may file claim of Rs 600-700 crore against company
http://m.economictimes.com/tech/hardware/sanjay-kapoor-ex-micromax-chairman-may-file-claim-of-rs-600-700-crore-against-company/articleshow/51870510.cms
Heat waves to result in record sales for ACs, soft drinks & ice creams; Voltas, LG & Coca-cola see brisk sales
http://m.economictimes.com/industry/cons-products/durables/heat-waves-to-result-in-record-sales-for-acs-soft-drinks-ice-creams-voltas-lg-coca-cola-see-brisk-sales/articleshow/51870792.cms
Several firms fail to fulfil Sebi rule for at least one woman director on their boards
http://m.economictimes.com/jobs/several-firms-fail-to-fulfil-sebi-rule-for-at-least-one-woman-director-on-their-boards/articleshow/51870537.cms
US court slapping nearly $1 billion penalty on TCS could impact entire Indian IT sector
http://m.economictimes.com/tech/ites/us-court-slapping-nearly-1-billion-penalty-on-tcs-could-impact-entire-indian-it-sector/articleshow/51870656.cms
UK finance ministry to publish "sober analysis" of Brexit risk
http://m.economictimes.com/news/international/business/uk-finance-ministry-to-publish-sober-analysis-of-brexit-risk/articleshow/51870927.cms
Business Standard Update
OPEC, non-OPEC nations fail to reach deal on production freeze
http://wap.business-standard.com/article/markets/opec-non-opec-nations-fail-to-have-a-deal-on-production-freeze-116041700764_1.html
Bharat beats India in household consumption
http://wap.business-standard.com/article/companies/bharat-beats-india-in-household-consumption-116041800047_1.html
Indian garment companies help Bangla tiger roar
http://wap.business-standard.com/article/companies/indian-garment-companies-help-bangla-tiger-roar-116041800046_1.html
Beating the slowdown: CIL focuses on volume growth, pithead stocks concern remains
http://wap.business-standard.com/article/companies/beating-the-slowdown-cil-focuses-on-volume-growth-pithead-stocks-concern-remains-116041700762_1.html
Mallya's group denies he diverted loan money to buy property abroad
http://wap.business-standard.com/article/companies/mallya-s-group-denies-he-diverted-loan-money-to-buy-property-abroad-116041800025_1.html
Nokia to enter the race to provide solutions for smart cities
http://wap.business-standard.com/article/companies/nokia-to-enter-the-race-to-provide-solutions-for-smart-cities-116041800049_1.html
Order soon for Rs 10k minimum wage for contract workers
http://wap.business-standard.com/article/economy-policy/order-soon-for-rs-10k-minimum-wage-for-contract-workers-116041700338_1.html
Coal supply via MoUs to continue till Jun 30
http://wap.business-standard.com/article/economy-policy/coal-supply-via-mous-to-continue-till-jun-30-116041700384_1.html
Mint Update
Jaiprakash Associates looks to hire consultants in turnaround bid
http://www.livemint.com/Companies/FRcaE3EcVvjCh81wSjU9vN/Jaiprakash-Associates-looks-to-hire-consultants-in-turnaroun.html
Karnataka steps up crackdown on Ola, Uber over surge pricing
http://www.livemint.com/Companies/9cGmryJlb3cHYXQa9kvT0N/Karnataka-steps-up-crackdown-on-Ola-Uber-over-surge-pricing.html
Vishal Sikka takes home extra Rs1 crore as Infosys beats growth target
http://www.livemint.com/Companies/VQGsjK0hpq2HmYRzF1s2mI/Vishal-Sikka-takes-home-extra-Rs1-crore-as-Infosys-beats-gro.html
Sebi begins audit of NSEL brokers
http://www.livemint.com/Industry/XVuTRim7ecP7ChwwMh6V8J/Sebi-begins-audit-of-NSEL-brokers.html
Home rental firm NestAway raises $30 million
http://www.livemint.com/Companies/XNeFLhaVOQt56v5303Y8yK/Home-rental-firm-NestAway-raises-30-mn.html
Lenskart gets Ratan Tata on board in latest funding round
http://www.livemint.com/Companies/7M6xAFrBW3ObsjqHv1GT7K/Lenskart-gets-Ratan-Tata-on-board-in-latest-funding-round.html
Jugnoo raises $10 million in funding round led by Paytm
http://www.livemint.com/Companies/N46vHVtsoC6p4YyKnIaTXL/Jugnoo-raises-10-mn-in-funding-round-led-by-Paytm.html
Essar Oil plans to open 400 petrol pumps in the UK in three years
http://www.livemint.com/Industry/Z05DgRRhczaUYwLeSUkmMO/Essar-Oil-plans-to-open-400-petrol-pumps-in-the-UK-in-three.html
Japan auto, electronics manufacturing face disruption due to quake damage
http://www.livemint.com/Industry/TZzsDPRg8RlfizBKLsgcmL/Japan-auto-electronics-manufacturing-face-disruption-due-to.html
The Hindu Update
A ‘much-needed message’ to India’s neighbours
http://m.thehindu.com/news/national/us-defence-secretary-ashton-carters-india-visit-opens-up-challenges-too/article8486679.ece

Mallya takes Rs. 1.7 crore pay package from U.S. brewery firm
http://m.thehindu.com/business/Industry/vijay-mallya-takes-rs-17-crore-pay-package-from-us-brewery-firm/article8486268.ece
Stick to fiscal consolidation, IMF tells India
http://m.thehindu.com/news/national/stick-to-fiscal-consolidation-imf-tells-india/article8486629.ece
Start-ups find fuel in digital banking project
http://m.thehindu.com/business/Industry/startups-find-fuel-in-digital-banking-project/article8486572.ece
World worried over China’s economic slowdown
http://m.thehindu.com/business/Economy/world-worried-over-chinas-economic-slowdown/article8486893.ece

WB’s green norms must not compromise on development: Jaitley
http://m.thehindu.com/business/wbs-green-social-norms-must-not-compromise-development-jaitley/article8486379.ece
Kronos to increase India R&D strength
http://m.thehindu.com/business/Industry/kronos-to-increase-india-rd-strength/article8486587.ece
Mahindra to drive electric car into other European markets
http://m.thehindu.com/business/Industry/mahindra-to-drive-electric-car-into-other-european-markets/article8486194.ece
India world's largest FDI destination: Jaitley
http://m.thehindu.com/news/national/india-worlds-largest-fdi-destination-jaitley/article8484053.ece
Eli Lilly to unveil new drug every year
http://m.thehindu.com/business/Industry/eli-lilly-to-unveil-new-drug-every-year/article8483748.ece
(One Source)

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