India : Business News Headlines – 13 Jul 2016
Wed Jul 13 2016
Rajesh Sharma (2003 articles)

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

Rajesh Sharma

Rajesh Sharma

Rajesh Sharma is Correspondent for Stock Market of South East Asia based in Mumbai. He has been covering Asian markets for more than 5 years.