Daily News Monitor: 1 July 2020

HEADLINES:

1. Microsoft to set up north India campus in Noida, to have capacity of 4,000

2. Global  PE  firms  eye  India’s auto components sector

3. Markets log best quarterly gain in 11 years due to surge in foreign flows

4. Relief for pharma firms as govt starts clearing API imports from China

5. L&T builds key cryostat for world’s largest nuclear fusion reactor in France for $20 billion

6. Indian IT firms may set up new outposts in Canada, Mexico amid H-1B visa curbs

7. India reports first quarterly current account surplus in 13 years

8. International flight services will resume in a phased manner during Unlock 2.0, says govt

9. Bharti Airtel bags $235 mn investment in arm from Carlyle group, sells 25% stake in data centre biz

10. Wow! Indian Railways receives “overwhelming” response for Nagpur, Amritsar, Gwalior, Sabarmati station projects

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