India : Business News Headlines – 02 Aug 2016
Business Standard
Ø Govt to move 4 amendments in bill to facilitate GST
Ø Min Rs 500 cr capital for new on-tap license: RBI
Ø Rajan wants monetary policy panel formed before he departs RBI
Ø FPIs approach government to renegotiate India-Singapore tax treaty
Ø Uber shuts shop in China with $35 bn merger, India now its big bet
Ø Tata Capital Housing unveils home loan scheme
Ø EPF Act to be amended to include cos with 10 workers
Ø Indian equities may remain top draw for FIIs
Ø India’s trade deficit with China jumps to $53 bn in 2015-16
Ø Govt seeks parliament’s approval for $15.4 billion extra spending
Ø Govt clears 89 single-brand retail, 1 multi-brand proposals
Ø Core sector growth recovers in June, rises 5.2%
Ø Inflation to ease with monsoon impact on veggie prices: SBI
Ø Tesla offers $2.6 bn for SolarCity, lower end of expectations
Business Line
Ø Govt lists GST bill in Rajya Sabha for Wednesday
Ø 21% of country received deficient rainfall
Ø SEBI approves RBL Bank’s long pending IPO
Ø Steel industry owes over Rs 3 lakh crore to banks: minister
Ø Centre approves Draft Real Estate Agreement Rules for UTs
Ø M&M sales move up 14% to 39,458 units in July
Mint
Ø RBI puts bank licences on tap, excludes big groups
Ø Monsoon to be above normal in August and September: IMD
Ø Tech Mahindra Q1 profit rises 28% to Rs796.5 crore
Ø Maruti Suzuki cracks down on suppliers over quality
Ø Bad loan problem at ICICI Bank far from over
Ø Sebi audit flags discrepancies at warehouses
Financial Express
Ø Wipro Infrastructure to acquire Israel’s H R Givon
Ø Maruti Suzuki shares hit new record high on July sales
Ø Verizon to buy Fleetmatics for about $2.4 billion
Ø Honda Cars sales plunge 24.57% to 14,033 units in July
Ø TCHFL unveils low interest home loan at 4 per cent for weaker section
Financial Chronicle
Ø SBI’s cheaper home loans for 7th pay panel awardees
Ø GSK, Alphabet create $715m bioelectronics firm
Ø Nobel Hygiene to ramp up production
Ø Maruti hikes prices by up to Rs 20,000
Ø Sensex washes out early gains, slides 49 points
