India : Business News Headlines – 15 Jul 2016
Fri Jul 15 2016
Rajesh Sharma (2003 articles)

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

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

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.