Weekly Business Headlines: 30 May to 5 June 2021

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Here are the Weekly Business Headlines starting from 30 May to 5 June 2021:
1. Traders’ body criticizes Delhi government for allowing home delivery of liquor
2. Coronavirus disaster leaves deep scars on India’s economy
3. Virus fear in India speeds up gold buyers’ shift to chain stores
4. HUL sets up fully owned subsidiary Unilever India Ltd to save on corporate tax
5. Paytm board grants in-principle approval for around Rs 22,000 crore IPO
6. PETA wants Amul to switch to vegan milk, here’s what India’s largest dairy brand said in reply
7. Ecommerce back on track as states lift curbs on non-essential sales
8. India consumer confidence drops to record low, RBI survey shows
9. SoftBank looking to invest $600-700 million in Flipkart, three years after exit
10. Under stress, traders seek normal operation of shops
11. Ruchi Soya enters nutraceuticals segment; initially to launch 10 products
12. Maharashtra: Delivery of non-essentials, longer shop timing to get nod
13. Nepal’s CG Corp in advance talks to buy listed hotel brand in India
14. Non-essential shops in Maharashtra can also open now
15. In U-turn, Maharashtra govt says no relaxation of lockdown-like curbs anywhere yet
16. After testing negative for Covid, Mehul Choksi admitted to hospital
17. Nestle, under fire over unhealthy products, working on new strategy
18. Second wave rendered 1 cr Indians jobless; 97 pc households’ incomes declined in pandemic: CMIE
19. Delhi to remain under lockdown till June 7 with certain relaxations
20. Digital commerce initiatives accounted for 10% of Reliance Retail’s total revenue

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