India : Business News Headlines – 18 Jul 2016
Business Standard
Ø Reliance Industries clubs petrol pumps with retail arm
Ø EPFO may invest up to 12% in equity markets: Govt
Ø Banks can’t get ‘blanket relief’ from CBI, CVC actions: R Rajan
Ø Industry business confidence rose in June quarter: CII
Ø 47% Indians are not saving for retirement, suggests HSBC report
Ø Tax rate cap in constitution bill not feasible: Naidu
Ø Suuti stake in ITC may go to insurance firms
Ø Ready to support GST, says Congress
Ø India Inc upbeat on economy, higher profits
Ø World looking to India for investment: Venkaiah Naidu
Ø Doubling premium over Singapore benchmark tough for RIL’s margins
Ø Dabur, DRDO unit tie up for high altitude medicinal plants
Business Line
Ø Textile mills welcome Ministry directive to Cotton Corpn on sales
Ø Rajan to address seminar on rural development on Monday
Ø UNIDO, Centre to roll out roadmap to promote concentrated solar thermal
Ø FPIs infuse Rs. 9,768 cr in capital market so far this month
Ø Investments in equity MFs plunge over 71% in Q1
Mint
Ø Raghuram Rajan signals no rate cut in the offing
Ø Heineken plea for ‘first right’ on United Breweries share sale dismissed
Ø NSR exits VRL Logistics through Rs147 crore block trade
Ø Bank union threatens to disclose names of 7,000 defaulters
Ø Trai to start mobile service quality consultation this month
Financial Express
Ø Modi govt improving India’s quality of growth: Crisil
Ø Airlines to pay huge compensation for flight cancellation or denying boarding to flier
Ø M3M group to sell Gurgaon IT-SEZ to Tata Realty for Rs 500 cr
Ø Hard to do business in India, but will remain here: AirAsia CEO
Ø Centre to roll out 100 mw CST road map
Financial Chronicle
Ø GST can lower cost of logistics industry: Care Ratings
Ø Recession as Brexit hammers spending, says EY
Ø Govt fixes Rs 3,119/gm as rate for Gold Bond Scheme
Ø Irdai expands product list for service units
Ø Indian market is attractively valued but not over-valued
