India : Business News Headlines – 22 Jul 2016
Business Standard
Ø ONGC should merge with a refiner like IOC: Director
Ø New RBI chief will face stubborn old foe: rural inflation
Ø Sebi may help in govt’s recap plans for PSU banks
Ø US warns against devaluation ahead of G20 meet
Ø Corporate debt demand to swell to $62tn by 2020′
Ø RBI relaxes rule for Basel III liquidity coverage ratio
Ø ‘India’s external debt of $474 billion forms 16% of APAC borrowing’
Ø Greenko closes in on SunEdison India assets
Ø ITC posts 10% rise in Q1 profit amid sluggish demand conditions
Ø India link emerges in $3.5-bn forex trading fraud at HSBC
Ø Sebi to finalise options in commodities today
Ø Proposal for mandatory Ulip fund investments into G-Secs dropped
Ø Reliance Jio’s 4G rollout in next three months: CLSA
Ø OVL raises $1 billion through dollar bonds for Vankor stake buy
Business Line
Ø ONGC Videsh arm raises $1 b through unsecured notes
Ø JSW Energy ready for more acquisitions: Jindal
Ø Hindalco consolidated Q1 net dips 95% to Rs. 44.80 cr
Ø Gujarat cotton growers sound pink bollworm alert
Ø CII infra panel urges govt to fast-track Kelkar report proposals
Ø Transition from rural to urban will be a key challenge: Debroy
Mint
Ø Flipkart, Amazon, Jabong tweak models to fit new FDI rules
Ø HDFC Bank Q1 profit rises 20.15% to Rs3,238.91 crore on higher income
Ø Advanced Enzyme IPO subscribed 4.27 times on Day 2
Ø Cairn India working on merger with Vedanta: Navin Agarwal
Ø State Bank of Bikaner and Jaipur Q1 loss at Rs221.56 crore
Financial Express
Ø RBI to monitor banks on customer rights
Ø Cairn India Q1 net falls 28 per cent on oil price slump
Ø Silver slips below Rs 46,000, down Rs 1,020/kg on global trend
Ø Japan preparing $190 billion stimulus, govt spending less than half that: Sources
Financial Chronicle
Ø HDFC Bank says ‘comfortable’ with higher bad loans in Q1
Ø L&T Infotech makes weak market debut
Ø India economic growth to remain solid: Reuters poll
Ø Ashok Leyland net profit doubles, revenue up 10%
Ø Little impact of Brexit in long-term: Nasscom
