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 •  DLF's sales booking down 63% at Rs 1,160 crore in FY17
Realty major DLF's net sales bookings fell sharply by 63 percent to Rs 1,160 crore during the last fiscal due to demand slowdown in the property market.
 •  7th Pay Commission: Empowered Committee to take final call on HRA, allowances today
The Empowered Committee of Secretaries (E-CoS) set up to screen the Lavasa panel recommendations on allowances will finalised its final draft report today which will then later be placed before the Union Cabinet on Wednesday (June 1).  
 •  Google Play Music offers 120 days' free subscription
Google is offering a four-month free subscription on its music streaming service Google Play Music for new subscribers, allowing users to scan up to 50,000 songs from their music library.
 •  RCom shares hit record low on fourth-quarter loss, debt woes
Shares of mobile carrier Reliance Communications Ltd fell as much as 20 percent to an all-time low on Monday, after it reported a USD 150 million fourth-quarter loss and worries about its heavy debt load resurfaced.
 •  Sensex slips from record on profit-booking
Stock markets came off their peak and turned weak on Monday after two back-to-back sessions of gains as the benchmark Sensex cracked below 31,000-mark after investors indulged in profit-booking.
 •  7th Pay Commission: Cabinet likely to take up E-CoS proposal on allowances today
The long wait of central government employees and pensioners for allowances is about to end as the Narendra Modi government is expected to announce a maximum HRA hike of up to 122 percent for them soon.  
 •  Revenue dept sets up twitter handle to answer GST queries
With just over a month left for GST implementation, the revenue department on Sunday started a new twitter handle to answer industry queries related to the new indirect tax regime.
 •  Various tax slabs under GST worry traders: CAIT
Classification of different items under various tax slabs of GST has created an environment of anxiety and concern among the trading community across the country, Confederation of All India Traders said on Sunday.
 •  Bureaucracy, multiple agencies restrict mining growth: Report
Lack of transparency and a difficult bureaucracy underpinned by multiple agencies are creating obstacles in the growth of India's mining industry, says a report.
 •  Eight of top 10 companies add Rs 93,225 crore in m-cap, ITC shines
The combined market valuation of eight of the 10 most valued Indian companies rose by a whopping Rs 93,225.53 crore last week, with ITC stealing the show with maximum gains.
 •  EPFO to invest Rs 20,000 crore in equities in 2017-18: Bandaru Dattatreya
Retirement fund body EPFO will invest Rs 20,000 crore in exchange traded funds this fiscal as it has decided to raise the investment limit in ETFs, Union Minister Bandaru Dattatreya said on Sunday.
 •  RBI, Sebi step up NSE algo probe, top officials under scanner
Regulators RBI and Sebi have stepped up probe into alleged lapses in high-frequency trading offered through NSE's 'co-location' facility, while the role of some top officials including board member and ex-CEO Ravi Narain is also being looked into.
 •  'Top Indian IT companies will lead in digital business'
Amid fears that Indian IT has not kept pace with rapidly evolving technologies, executive search firm Head Hunters today expressed optimism that top firms like TCS and Infosys will lead the digital segment.
 •  Maruti aims to sell 3 lakh automatic cars annually by 2020
Country's largest car maker Maruti Suzuki India (MSI) is targeting to sell 3 lakh units of vehicles equipped with different automatic transmission technologies by 2020.
 •  Every department should disclose demonetisation details: CIC
It was the duty of every government department concerned with demonetisation to spell out all relevant facts and reasons behind the radical move, the Central Information Commission has observed.
 •  Market for pre-owned foreign luxury cars growing in India
The demand for fancy foreign luxury cars is witnessing a steep rise, with buyers, including from faraway northeast, picking up Lamborghinis, Maseratis and Range Rovers that cost up to Rs 1.5 crore apiece -- but all pre-owned, a polite term for second-hand.
 •  Mahindra eyes 5,000 per month e-vehicle output on shared mobility growth
Banking on the shared mobility space after launch of India's maiden electric vehicle project in Nagpur, automobile giant Mahindra & Mahindra is eyeing a capacity of 5,000 e-vehicles a month by 2019 which will be expanded further.
 •  'IT to remain net recruiter, automation to watch out for'
Recent layoffs in Indian IT companies are not different from the past and the sector will remain a net recruiter, but the numbers will be "calibrated" and automation impact will be crucial, says a report.
 •  India second most complex tax jurisdiction: Deloitte
Indian tax laws are perceived to be second most complex in the Asia Pacific region, becoming even less predictable over the last three years, a Deloitte survey has said.
 •  Mauritius dislodges Singapore to emerge as top source of FDI in 2016-17
Island nation Mauritius elbowed out Singapore to emerge as the top source of foreign direct investment (FDI) into India in 2016-17.
Updated: 60 minutes ago
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