India : Business News Headlines – 21 Jul 2016
Business Standard
Ø Wipro buys back shares over 1K cr from Premji’s trusts
Ø Global investors bet big on India’s realty market
Ø Indian banks will need $90 billion capital by 2019: Fitch
Ø Difficult to assess the impact of ‘Brexit’ on India: Govt
Ø British govt fund CDC to invest Rs 1Kcr in IIFL Fin
Ø FDI surges after ‘Make in India’, up 46% at $62 billion
Ø ‘Realty to be $180 bn industry in India by 2020’
Ø Tata Steel aims to double Indian workforce’s productivity
Ø Bank recapitalisation stares at Sebi hurdles
Ø Govt infusion in banks still short, say Icra & Fitch
Ø US seeks $1 bn in 1MDB-tied assets, ‘Wolf of Wall Street’ royalties
Ø 3 Indian firms get USFDA nod for high-value generic drug
Ø Centre asks states to lower stamp duty for affordable housing
Ø No immediate HC relief for Jignesh Shah’s company
Ø Morgan Stanley beats expectations on bond trading & cost cuts
Business Line
Ø Coal linkage auction for power sector referred to GoM
Ø De-register all diesel vehicles more than 15 years old first: NGT
Ø L&T Infotech to list on bourses on Thursday
Ø Finance Ministry rejects EPFO proposal for workers’ bank
Ø S&P takes HDFC Bank’s three bond sales off negative watch list
Ø Power generation from hydro plants dips in the first quarter
Mint
Ø SBI, Brookfield to launch stressed asset management fund
Ø DLF, Blackstone realign shareholding deal
Ø Myntra to buy Hrithik Roshan’s HRX fashion brand
Ø Adani Enterprises to raise up to Rs6,000 crore via securities
Ø Airtel, Vodafone attract most complaints on service quality
Ø Rupee closes weaker against US dollar at 67.20
Financial Express
Ø Sensex closes 128 points up, Nifty settles above 8,560
Ø New civil aviation policy could spur demand for planes: Boeing
Ø Cabinet clears 3-year, 30% sourcing exemption in retail; paves way for Apple stores
Ø Mondelez in talks to buy Cadbury biscuits license from Burton’s-Sky News
Ø Ambuja’s proposal to acquire stake in Holcim approved
Financial Chronicle
Ø GST a game changing indirect tax reform: Nomura
Ø Monsanto rejects Bayer’s sweetened offer, open to talks
Ø Cloud business boosts Microsoft’s quarterly revenue
Ø Irdai bans Happy from TPA business
Ø NTPC targets to spend Rs 30,000 cr in expansion
Ø Ricoh promoters offer to infuse capital to cover loss
