Day two of PM Modi's meet with CM's, Will R.K Damani mull India Cement takeover? | Top Headlines
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Top headlines of the day: -Supreme Court pulls up Centre over loan moratorium case Supreme Court pulls up Centre over loan moratorium case seeking clarity on whether banks can come up with new guidelines. 'Centre can't say that the matter is between the bank and the customer. The Supreme Court further said that the centre cannot leave the moratorium decisions on the bank', says Supreme Court. -Tycoon Radhakishan Damani to take controlling stake in India cements soon? Radhakishan Damani is considering to acquire a controlling stake in India Cements Limited. Radhakishan S Damani held 4.73 percent in India Cements as of December 2019, which has gone up to 10.29 percent. After being in news over the takeover, it has finally been laid to rest. As far as the equity management is being considered, he has reached out to N.Srinivasan of India Cements to explore the takeover. According to the agency. Radhakishan Damani have restocked informally and have assured N.Srinivasan that this will not be a hostile takeover. Listen in to know more. -PM Modi's interaction with CM's over unlocking strategy; says economy revival visible Prime Minister Narendra Modi interacted with the Chief Ministers of all states, governors and lieutenant-governors of states and union territories over the current COVID-19 situations and the ongoing fight of the nation against the pandemic. He said that the green shoots of economic recovery are now visible. "Digital payment in retail has also reached the position before lockdown. Not only this, but the increase in toll collection in May also shows the increase in economic activity," he said. Listen in! Subscribe To ET Now For Latest Updates On Stocks, Business, Trading | ► https://goo.gl/SEjvK3 Subscribe Now To Our Network Channels :- Times Now : http://goo.gl/U9ibPb The NewsHour Debate : http://goo.gl/LfNgFF To Stay Updated Download the Times Now App :- Android Google Play : https://goo.gl/zJhWjC Apple App Store : https://goo.gl/d7QBQZ Social Media Links :- Twitter - http://goo.gl/hA0vDt Facebook - http://goo.gl/5Lr4mC G+ - http://goo.gl/hYxrmj Website - www.etnownews.com
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