India : Business News Headlines – 29 Jul 2016
Business Standard
Ø India cautions traders about fraud in import-export from China
Ø Several countries keen to participate in Smart City project: Govt
Ø Cyrus Mistry to meet Tata group heads on Friday
Ø Fosun agrees to buy Gland Pharma for $1.3 bn
Ø India should continue fiscal consolidation for better prospect
Ø Govt may block Tata arbitration payment to Docomo
Ø Oracle buys cloud pioneer NetSuite for $9.3 billion
Ø India Inc waits for timely rollout of GST
Ø L&T Infotech net profit grows 34.9% y-o-y in Q1 FY17
Ø Legal panel allows Vijay Mallya to head United Breweries
Ø Zen Technologies bags order from Egypt’s Defence Ministry
Ø Eicher Motors Q1 net up 59% at Rs 376.29 crore
Ø GSK Pharma Q1 net down 23% at Rs 72.27 crore
Ø Japan says MIP on steel products violates WTO rules
Business Line
Ø RBI eases norms for individual investor’s access to G-Sec market
Ø Investors prefer balanced funds to equity: AMFI data
Ø Coal linkages: captive power segment comes to CIL’s rescue
Ø IDFC in talks with RBI to enhance shareholder value
Ø Centre asks States to offer power to industries at fixed rates
Mint
Ø Bank strike on Friday, services may be affected
Ø NPCIL seeks new bids for Gorakhpur nuclear power plant
Ø MOIL fixes 8 August as record date for share buyback
Ø FTIL claims Rs21 crore as immediate expenses in Bombay high court
Ø Kesoram Industries may infuse Rs600 crore as capex
Financial Express
Ø Sensex climbs 184 points on F&O expiry, GST optimism; Nifty settles at 8,666
Ø US trade, inventory data pose downside risk to Q2 GDP
Ø BRICS discusses ways to increase cooperation in services, MSME
Ø Ceat Q1 net profit dips 17% to Rs 93 cr
Financial Chronicle
Ø PNB profit more than halves to Rs 306 cr in Q1
Ø Green bond issuances to top $75b in 2016: Moody’s
Ø Sunil Munjal to step down from Hero MotoCorp board
Ø Single window for startups to resolve grievances
