▫️ Parliament passed amendment bills to bring Indian auditing firms on par with Big 4 auditing companies.
▫️TRAI will submit its recommendation for 5G auctions by next week.
▫️TRAI may allow non – telecom companies to bid for 5G private network as well. This move is being strongly opposed by telecom companies.
▫️Tata Motors expect EV penetration to go over 25% by 2030.
▫️ Electronics major Dell is set to meet its production target under PLI Scheme.
▫️GST Council to go for stricter anti evasion steps.
▫️ Amazon appealed High Court to stop Future Retail from further transfer of assets to Reliance.
▫️Retail investors can now use UPI to place bids upto Rs 5 lakh for IPOs.
▫️Gas price hike to boost the profitability of Reliance and ONGC: Fitch Ratings
▫️India has commenced 40,000 tonne of rice exports to crisis hit Sri Lanka.
▫️India and EU to expedite trade deal talks and reach agreement soon.
▫️Tata Steel achieved its highest ever steel production in FY22 of 19 million tonne.
▫️TVS motor may join hands with Reliance-BP for EV charging infrastructure.
▫️ Phone Pe to more than double staff count by end of 2022.
▫️Funskool, part of MRF group acquired rights to manufacture Sequence game in India.
▫️US based EV major Triton Electric Vehicle will set up Rs 10,800 crore commercial plant in Gujarat.
▫️EU proposed Russian coal ban in new sanctions.
▫️HDFC merger may get delayed to regulatory hurdles posted by insurance operations.
▫️MF will seek time to trim their stake in merged HDFC group to comply with SEBI norms.
▫️Bank credit to grow 8.9-10.2% in FY23: ICRA
▫️NTPC tied up with Gujarat Gas to blend PNG and Green Hydrogen.
▫️Zoom to set up tech centre in Chennai.
▫️Steel companies expect robust demand to continue in FY23.
▫️ Cognizant has spent $1 billion in 2021 to fight attrition.
▫️Piramal Group and Yes Bank among 55 bidders for Reliance Capital.
▫️ Bluestar aims at 14% market share in air conditioning market by FY23.
▫️PE firm Carlyle Group exited SBI cards at average price of Rs 851/share.
▫️ Multinational firms to set up record number of Global Capabilities Centres in India in next few years.
▫️Jet Airways and Akasa Airline’s entry into India’s airspace in 2022, will intensify the aviation competition.
▫️ Petrol and Diesel prices have been hiked by 80paise each day on 14 out of last 16 days