India : Business News Headlines – 26 Jul 2016
Tue Jul 26 2016
Rajesh Sharma (1819 articles)

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

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

Copyright (2016) ©

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.