1.India Inc expects faster economic recovery post second Covid wave
India's top corporate bosses expect a faster economic recovery after the ferocious second Covid wave that killed over 2,50,000 people in the country since the start of March this year, showed a survey of more than 100 top CEOs conducted by Confederation of Indian Industry (CII).
2. Rajnikanth clears air, no plans to enter politics, dissolves Makkal Mandram
Putting an end to the indecisiveness over his taking plunge into politics, Tamil superstar Rajinikanth has made it clear on Monday that he would not enter politics, further went on to dissolve his outfit Rajini Makkal Mandram. The actor met the functionaries of Rajini Makkal Mandram today, and said, "I have no intention of taking the political plunge."
3.SC to hear next week plea for probe into 'Islamophobic posts' on Twitter after Tablighi Jamaat congregation
The Supreme Court Monday asked a petitioner to peruse new IT rules and said it may hear next week his plea seeking a probe either by CBI or NIA against Twitter and its users for allegedly posting Islamophobic posts after Tablighi Jamaat congregation at Nizamuddin last year which was purportedly dubbed as one of the reasons for spread of COVID-19.
4. 'We are in process to setup small finance bank which will take over PMC Bank', says RBI in Delhi HC
The Reserve Bank of India on Monday said it has given "in-principle" approval to one Centrum Financial Services Ltd (CFSL) to set up a small finance bank (SFB), which will take over the beleaguered Punjab and Maharashtra Cooperative Bank (PMC Bank) very soon.
5. Adani Group crossed USD 100 billion in first week of FY22 in market capitalisation: Chairman
In the first week of Financial Year (FY) 2021-2022, Adani Group crossed USD 100 billion in market capitalization, said Chairman Gautam Adani on Monday. Virtually addressing the firm's shareholders at Annual General Meeting 2021, he noted that this 'milestone' is a first for a first-generation Indian company.