India : Business News Headlines – 15 Jul 2016
Business Standard
Ø ONGC seeks buyers for deep-water field in KG Basin
Ø Banks’ gross NPA levels to be at 8-8.5 per cent in FY17: Icra
Ø India Inc’s foreign investment down 3% to $1.86 bn in June
Ø SIT on black money for ban on cash transactions above Rs 3 lakh
Ø TCS says watching Brexit as Q1 beats estimates
Ø JP Morgan results spurs S&P, Dow to new peaks
Ø TCS result beats the Street, net profit rises 10.6%
Ø Prabhu writes to Jaitley, seeks merger of two budgets
Ø Govt extends payment date under black money scheme
Ø Regulatory ambiguity over NSE’s overseas listing plan
Ø Banks file plea in SC against Vijay Mallya for not disclosing assets
Ø Poverty in Italy at worst for 10 years in blow for PM Renzi
Ø Honda recalls over 1.9 lakh cars in India
Business Line
Ø BoE stuns investors by keeping rates on hold
Ø Renewable energy sector in consolidation mode
Ø Chinese delegation woos Indian entrepreneurs for expo
Ø Ashok Leyland’s African safari to begin in Kenya
Ø Centre to raise $100-m ADB loan for projects in Vennar sub-basin
Ø RBI panel to study regulatory issues relating to Fin Tech, Digital Banking
Mint
Ø Power Grid’s Rs1 trillion expansion to back Modi’s economic, strategic goals
Ø Rooftop rights are up for grabs amid solar power push
Ø Merging Flipkart, Snapdeal the best way to beat Amazon
Ø IMD warns of heavy rainfall in seven states
Ø Granules to acquire 12.5% stake in US-based drug maker USpharma
Ø Trai issues paper on public Wi-Fi networks
Financial Express
Ø Govt reaches out to Cong over passage of GST bill in monsoon session
Ø Yatra, Terrapin 3 Acquisition enter merger pact
Ø Coal shift a double whammy for Indonesian exporters
Ø RBI likely to cut repo rate by 25 bps in August: BofA-ML
Ø Rafale deal to figure in Defence Acquisition Council today
Financial Chronicle
Ø WPI inflation hardens for 3rd month, hits 1.62% in June
Ø Dividend policy must for top 500 listed companies
Ø Tata Advanced Systems, Bell ink pact to build choppers
Ø Indian Hotels sells Taj Boston for $125 million
Ø Govt approves revival of three closed urea units
Ø Norms for transfer of P-Notes tightened
