India : Business News Headlines – 26 Jul 2016
Business Standard
Ø ‘India to renegotiate all bilateral investment pacts’
Ø Rajan in RBI would have helped India: Subbarao
Ø Modi govt plans mother of all oil companies
Ø Merger credit positive for Vedanta: Moody’s
Ø Breach of terms led to debt default: Kingfisher
Ø US asks India to eliminate customs duties on ICT products
Ø SBI, IOC link up to empower farmers
Ø Scrapping of inter-state trade tax under scanner
Ø RBI fines BoB, HDFC Bank & PNB for violating KYC norms
Ø Jaitley to meet state ministers to push GST bill
Ø Telecom Commission sticks to its model for calculating SUC
Ø CBDT issues draft norms for taxing buy back of unlisted shares
Ø Sebi to set stringent norms for non-compliant promoters
Ø ED probing 81 FDI cases over Fema violation: Sitharaman
Business Line
Ø Verizon confirms Yahoo buy; deal valued at $4.83 bn
Ø BSE to begin bonds trading based on clean price mechanism
Ø MF folio count rises 12.61 lakh to 4.9 cr in June quarter
Ø Rupee drops 27 paise to end at 67.35
Ø M&M chooses TVS & Sons for Chennai dealership expansion
Mint
Ø GAIL seeks to defer Gazprom LNG contract
Ø Amtek said to expand asset sale to include all overseas units
Ø New solar projects may benefit from falling component prices
Ø Indian Railways plans to load up more debt than GDP of some nations
Ø Quikr acquires Hiree to boost job listings business
Financial Express
Ø Sensex gains 292 points to close above 28,000; Nifty settles above 8,630
Ø Govt to soon notify inflation target under framework agreement
Ø Bajaj Corp Q1 profit up 10% to Rs 52.19 cr
Ø India to renegotiate all bilateral investment pacts: Nirmala Sitharaman
Financial Chronicle
Ø RBI imposes penalty of Rs 5 cr on BoB
Ø P-Notes investment hit two-year low in June-end
Ø Oil prices dip on oversupply, economic headwinds
Ø Govt to provide benefits to small tea growers
Ø Algo trades in stagnation mode
Ø RXIL looking to rope in SBI, ICICI as equity partner
