Top headlines: Tax growth picks up for cos in Q2; RBI defers MPC meet

From RBI's MPC meeting prep to Govt's plan to club unviable airports with main ones, here are top headlines this morning

Reliance Retail, L&T lead as advance tax growth picks up in Q2

Major technology and manufacturing companies, including Infosys, Tech Mahindra, HCL, and Larsen & Toubro (L&T), reported a jump in tax payment in the second quarter, as companies ramped up operations after relaxation in pandemic induced-lockdown. Even foreign banks like HSBC, Deutsche Bank, and JP Morgan Chase reported double-digit growth in payment. Read More

Not possible to please everyone, not in a popularity contest: Trai's Sharma

As his five–year term (after an extension) comes to an end on September 30, Telecom Regulatory Authority of India (Trai) chairman