India : Business News Headlines – 26 Jul 2016
Tue Jul 26 2016
Rajesh Sharma (2002 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

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

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.

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