India : Business News Headlines – 27 Jul 2016
Business Standard
Ø Tata to deposit $1.17B in DoCoMo case in Delhi HC
Ø Govt must protect central bank’s independence: Rajan
Ø Centre, states make headway on key GST issues
Ø Sugar mills owe Rs 6,582 crore to cane farmers
Ø Govt should ignore motivated public criticism, says Rajan
Ø PSBs write off Rs 59,547-crore loan in FY16
Ø $15 billion VW emissions deal faces critical test
Ø Shanghai Fosun to buy Gland Pharma for $1.4 bn
Ø India Inc foreign borrowing down sharply in June at $1.07 bn
Ø Govt to miss revenue target from telcos: ICRA
Ø Educomp to sell entire stake in Vidya Mandir Classes
Ø Dr Reddy’s Q1 net down 80% at Rs 126 crore
Ø Oil falls towards $44, lowest since May, on glut worries
Ø Maruti Q1 profit rises 23% to Rs 1,486 cr
Business Line
Ø CAG picks holes in coal mines auction by NDA govt
Ø Govt notifies pay panel recommendations
Ø ‘Freezing of MF accounts’ does not mean ‘impounding’: AMFI
Ø Domestic airlines carry 21% more passengers in June
Ø Ultra high networth households rise 7 per cent in FY’16: report
Ø ACC, Ambuja Q2 net up on better realisations, lower production cost
Mint
Ø Jaiprakash Power lenders to invoke strategic debt revamp
Ø Jabong may be Flipkart’s best investment yet
Ø IDFC Bank Q1 profit rises 60% to Rs264.76 crore
Ø Solar power tariffs expected to fall to as low as Rs3.50 a unit in 3 years
Ø Alstom T&D gets shareholders’ nod to change company’s name
Ø Adani Transmission raises Rs500 crore through masala bonds
Financial Express
Ø Pharma sector receives Rs 4,975-crore FDI in FY16: Govt
Ø BRICS policy planning dialogue ends on a successful note: MEA
Ø RBI slaps penalty on UCO Bank, Allahabad Bank, Bank of India
Ø TCS, Infosys in Forbes ‘Super 50’ list; Tata Motors, HUL dropped
Ø Tata Steel sales up marginally to 2.15 MT in April-June
Financial Chronicle
Ø ‘India discovers producible natural gas hydrates’
Ø Emami eyes 2nd slot in edible oil production by 2018
Ø Unions protest govt order on unclaimed EPFO funds
Ø Fed defers any possible increase until September
Ø ‘Moving to GST regime will be beneficial for economy
