India : Business News Headlines – 27 Jul 2016
Wed Jul 27 2016
Rajesh Sharma (2002 articles)

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

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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