India : Business News Headlines – 13 Jul 2016
Business Standard
Ø Trai’s weighted-average plan to make telcos pay more
Ø Post Brexit, Theresa May starts untangling the UK from the EU
Ø Air Asia buys 100 Airbus A321neos for $12.5 bn
Ø Cairn-Vedanta merger: LIC says still not on board
Ø UK keen to further boost trade ties with India: Envoy
Ø Asia Index to change methodology for dividend stability index
Ø HDFC Bank beats major European peers on m-cap
Ø China rejects South China Sea tribunal judgement
Ø Dow, S&P hit record highs, Nasdaq erases 2016 losses
Ø NSEL scam: ED arrests Jignesh Shah under anti-money laundering law
Ø Trai reiterates to have a flat rate for SUC
Ø Cairn Energy seeks $5.6 billion compensation from India
Business Line
Ø FSSAI gives clean chit to Coca-Cola, PepsiCo, Bisleri
Ø ‘For 8% growth, India should focus on outward orientation’
Ø Most States are slow in adopting agri market reforms: NITI Aayog
Ø Telecom regulator picks holes in DoT’s spectrum levy formula
Ø Govt invites bids from merchant bankers for HUDCO stake sale
Mint
Ø June inflation rises to 5.77%, May IIP increases by 1.2%
Ø Hudco stake sale: Govt seeks bankers’ bids
Ø L&T Infotech IPO subscribed 3.68 times on Day 2
Ø Boeing, Airbus duel for $12 billion order from SpiceJet
Ø Raghuram Rajan’s potenial successor at RBI cheered by stocks, bonds
Financial Express
Ø BSE launches online system for SGB, begins mock sessions
Ø India among top 5 in contingent workforce engagement globally
Ø Brexit to hit realty companies having exposure to London: Fitch
Financial Chronicle
Ø IDFC Bank buys Trichy MFI Grama Vidiyal, eyes more
Ø Industrial production expands 1.2% in May
Ø Quess Corp makes a strong market debut
Ø Govt expects Rs 46,739-cr TDS from Delhi region
Ø Suven Life gets patents for neuro-degenerative drug
