Reliance Industries' shares scaled a record high on Monday, cementing the oil-to-telecom conglomerate's position as the country's most valuable company. Privatisation-bound Bharat Petroleum Corporation Ltd (BPCL) plans to invest over Rs 1 lakh crore over the next five years in raising petrochemical production capacity, gas business, clean fuel and augmenting marketing infrastructure. For all these stories and everything in between, here are some top news of the day

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ECONOMY/BUSINESS

ICRA revises up FY22 GDP growth forecast to 9%

ICRA, the ratings agency, revised its 2021-22 real GDP growth estimate for India to 9 percent from the earlier 8.5 percent. The factors behind revision include a ramp-up in COVID-19 vaccination, healthy advance estimates of kharif (summer) crop and faster government spending. Read more

Invesco reiterates demand for EGM for Zee Ent board reshuffle

Invesco is mounting pressure on Zee's board to comply with the rules to call for an extraordinary general meeting (EGM) to overhaul the board as requisitioned by the investors. Read more

It's time for companies to support working mothers, says Indra Nooyi

Indra Nooyi, the former Chairperson and CEO of PepsiCo, has said it's time for corporations to join hands and support working mothers. Nooyi said even though women are making progress in our society, in the business world, men still hold most positions of power. She also acknowledged men are coming forward to provide a framework to help women. Catch the interview here.

BPCL to invest Rs 1 lakh cr to become future-ready

Privatisation-bound Bharat Petroleum Corporation Ltd (BPCL) plans to invest over Rs 1 lakh crore over the next five years in raising petrochemical production capacity, gas business, clean fuel and augmenting marketing infrastructure, its chairman Arun Kumar Singh said on Monday.

MARKETS

Bharti Airtel shares recoup inital losses; stock trades ex-rights issue

Shares of telecom operator Bharti Airtel opened lower on Monday as the stock traded ex-rights issue. However, the stock managed to recoup its initial losses and traded above the flatline. Dig deeper

Huge housing demand is from first time buyers, says HDFC’s Keki Mistry

A significant portion of housing demand is coming from first-time buyers, said Keki Mistry, vice-chairman and managing director of HDFC Ltd, on Monday. Up to 2020, the demand was coming from two and three-tier towns. But now cities like Mumbai, Delhi, and Bangalore are participating in the rally. Catch the interview here

Reliance Industries mcap hits Rs 17 lakh crore mark as shares hit record high

Mukesh Ambani-led Reliance Industries' shares scaled a record high on Monday, cementing the oil-to-telecom conglomerate's position as the country's most valuable company. Days after hitting the Rs 16 lakh crore mark, the group's market capitalisation has soared to Rs 17 lakh crores. Read more

YOU & I

IPL 2021 | RR vs SRH match preview: Predicted playing XI, betting odds

Skipper Sanju Samson needs support from his batsmen as Rajasthan Royals looks to return to winning ways against laggards Sunrisers Hyderabad here on Monday and keep their playoff hopes alive in the Indian Premier League. Read more

Access all your health records digitally now; here’s how

A health ID of an individual will be created using information from their Aadhaar card or the beneficiary’s mobile number. This information -- “Personal Health Record (PHR)” will allow individuals to view lab reports, health data, their treatment details, discharge summaries across India.