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Vakrangee, GM Breweries, Mysore Paper Mills, GG Automotive Gears and Sri Krishna Constructions are among companies that will announce their quarterly earnings today.

Investors had been paring bets for a prolonged aggressive tightening campaign since that meeting, as recession worries flared, but data overnight showed U.S. job openings fell less than expected in May, pointing to a still tight labor market that could keep the Fed on the offensive.

Policy makers backed raising rates at their next meeting in July by either 50 or 75 basis points, according to minutes of the Federal Open Market Committee’s June 14-15 policy meeting released Wednesday in Washington. They viewed maintaining the central bank’s credibility to control inflation as crucial.

The Airtel-Vodafone Idea JV was set up in 2014 and named FireFly Networks. However, industry insiders claim the collaboration failed to take off as neither of the partners committed investments to the company. Cisco is likely to retain the existing management of FireFly Networks, which is led by its chief executive officer Raj Sethia, a former Vodafone executive, according to sources cited earlier.

Singtel has been a shareholder in Bharti Airtel since 2000. The Mittal family and Singtel own 50.56% and 49.44%, respectively, in Bharti Telecom, which, in turn, holds a 35.85% stake in Bharti Airtel.

The tax department has told the banks in recent meetings that if a mutual fund unit uses any brand components, it should pay royalty or similar fees to the parent and 18% GST has to be paid on that amount.

"Oil is getting decimated with little new information about production or consumption," said Stephen Innes, managing partner of SPI Asset Management.

Vakrangee, GM Breweries, GG Automotive Gears and Sri Krishna Constructions (India) are among the companies that will announce their corporate earnings for the June 2022 quarter today.

Non-resident Indians will get high returns for bringing foreign exchange into India into FCNR(B), and NRE deposits as the cap on rates have been removed for fresh deposits. This relaxation will be available for the period up to October 31, 2022. FCNR(B) are foreign currency non-resident deposits ( denominated in foreign currency), while NRE deposits are non-resident external deposits.

Shares of GameStop skyrocketed more than 680% in 2021 thanks to retail traders on social media platforms such as Reddit who snapped up heavily shorted stocks in a bid to squeeze out hedge funds betting against them.