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June 19, 2024 / 06:14 IST

Moneycontrol Daily: Your Essential 7

A daily round-up of the most interesting articles to help jump-start the day.

By Moneycontrol News

Market Buzz
Vedanta Resources plans to trim debt by $3 billion over three years

Mining major Vedanta Limited informed investors in its latest annual report that Vedanta Resources, the UK-based parent entity will look to reduce debt by $3 billion over next three years. The company expects a disciplined capex across its projects to generate healthy return on capital (ROCE). Read more

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Watch Out
Take a look at these key events

Today
Russian President to visit Vietnam
PM Modi to inaugurate new Nalanda University campus in Bihar
Indian students in Canada's PEI plan big blackout
Arvind Kejriwal's bail plea to be heard
Pawan Kalyan to take charge as Deputy CM

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Tomorrow
S Jaishankar to visit Colombo
Vivo Y58 to launch in India
Nirmala Sitharaman to hold pre-budget meeting
PM Modi to flag off Chennai- Nagercoil Vande Bharat Expressin Chennai

Big Story
Vodafone PLC likely to sell Indus Towers shares worth up to $1.1 bn via block deals
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Vodafone PLC is likely to sell 9.94 percent stake in Indus Towers to raise up to $1.1 billion through block deals on June 19. Read more

Your Money
ITR filing 2024: How to choose the right income tax return form

July 31 may be a few weeks away, but individual taxpayers would do well to start working on their income tax returns for financial year 2023-24 (assessment year 2024-25). These taxpayers have to choose the most relevant form from the pool of ITR-1 (Sahaj), ITR-2, ITR-3 and ITR-4 (Sugam). Read more

Tech Tattle
Hollywood cars from Jurassic Park, Back to the Future come to Microsoft’s Forza Horizon 5

Microsoft’s Forza Horizon 5 is one of the most successful racing games from the tech giant out there. As part of its Universal Icons Car Pack, five new cars from top Hollywood movie franchises like Jurassic Park, Back to the Future trilogy and the ‘80s action TV show Knight Rider arrived today in Forza Horizon 5. Read more

Auto
Hyundai India aims for yearly output of 1 million units and eyes 4 BEV rollouts over next few years

Hyundai Motor India (HMIL), which had earlier proposed an investment of Rs 32,000 crore, is gearing up to increase its production capacity by 30 percent and also widen its footprint in the Battery Electric Vehicle (BEV) market. The South Korean carmaker is looking at an annual output of one million units across its three production lines in the medium term, according to the company's preliminary IPO papers filed with SEBI. Read more

Tailpiece
Spurned lover kills ex-girlfriend with spanner on crowded street near Mumbai; public inaction draws ire

Yet another woman has been brutally murdered by a spurned lover in broad daylight. A 20-year-old man on June 18 rained blow after blow with a spanner on his ex-girlfriend in Vasai's East Chinchpada area near Mumbai till she passed away. Read more