India : Business News Headlines – 18 Jul 2016
Mon Jul 18 2016
Rajesh Sharma (2003 articles)

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

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

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.