* UP cabinet okays TATA Sons' Rs 650-crore proposal for 'museum of temples' in Ayodhya.
* India’s external debt stood at $663.8 billion at the end of March 2024, a rise of $39.7 billion from the year before.
* AI startup Etched raises $120 million to develop a specialized chip.
* Norway starts stockpiling grain, citing pandemic, war, and climate change.
* Punjab & Sind Bank signs pact with Indian Army for salary account.
* Silveline Power signs an agreement with SRAM Group for hydrogen-based vehicles.
* SaaS startup Rocketlane raises $24 million in funding.
* Industry pitches for tax reduction, and rationalisation of duty structure in Budget.
* India and China were top buyers of Russian fuel oil in May, LSEG data shows.
* Northern Arc Capital raises $75 million from a Dutch development bank.
* Jubilant Pharmova's US arm prepays Rs 626 crore term loan.
* Milk prices to go up in Karnataka from Wednesday, week after fuel price hike; liquor next in line.
* Citi appoints Jeegar Shah as CFO for India business.
* RBI may implement shallow rate cut even if US Fed defers: Rajani Sinha, CareEdge.
* The AIF industry body seeks a review of CCI’s definition of control for PE firms.
* ABSL AMC re-appoints A Balasubramanian as MD & CEO of the company for 3 years.
* Amid snail-paced monsoon, hydropower generation is likely to stay weak.
* Microsoft hit with EU antitrust charges over Teams.
* L’Oréal India aims to amp up its online play to become €1 billion business.
* IndiGo, Air India leverages AI-based tools to improve customer care service.
* FY24 was one of the most challenging in the company’s history: Wipro’s Rishad Premji.
* JSW Steel to spend $110 million on US facility to support US' green energy push.
* RBI names former central banker on Bandhan Bank board to aid succession.
* Tata Motors ties up with Bajaj Finance for commercial vehicle finance.
* India's FMCG sector to have a sustained growth rate of 7-9% in 2024: Report.
* BII vows $75 million to Symbiotics' 2nd green basket bond for emerging markets.
* Crude oil prices seen in a higher range of $85-100 per barrel: S&P Global.
* AstraZeneca's Imfinzi fails in late-stage trials to treat lung cancer cases.
* Telcos eye four spectrum bands as auction enters round 4 on Day 1.
* Jet Airways' Naresh Goyal moves HC, seeks extension of interim medical bail.
* Dairy startup co Sid's Farm raises $10 million in Series A Round.
* Water crisis may weigh on India's sovereign credit strength: Moody's.
* ICICI Bank mkt cap tops $100 billion; becomes only sixth Indian company to hit the milestone.
* Indian imports of Russian coal decline, US shipments surge in May.
* India expects surging solar cell output and it will curb imports from China.
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