India : Business News Headlines – 03 Aug 2016
Business Standard
Ø CAG red-flags $1.6 bn excess cost recovery by RIL
Ø Infy to bet closer home, $15 million for Indian VC fund
Ø Eicher set to repeat history, may over take Hero
Ø PSBs need Rs 2.5 lakh crore capital over 3 yrs: S&P
Ø India to slap anti-dumping duty on steel from 6 nations
Ø India legally bound to enforce tribunal award: DoCoMo
Ø Top 10 corporate groups owe Rs 5.73L-cr to lenders
Ø Bad debt recovery may get PSU muscle
Ø Govt may divest SUUTI stakes through new CPSE ETF
Ø Govt yields on GST umpire, inter-state levy
Ø Sebi goes after ponzi schemes, files 567 cases so far
Ø I-T Dept may write off small tax arrears of up to Rs 5,000
Ø ONGC goes for market price for gas from two fields
Ø Lupin expands Japan business with Rs 1,000 crore buy
Business Line
Ø July delivers 7% excess rainfall, says IMD
Ø Squeeze on US dollars felt ahead of $20-b FCNR deposit redemption
Ø Sun Pharma gets USFDA nod for generic diabetes treatment drug
Ø Dilip Buildcon IPO subscribed 70% on Day 2
Ø Dewan Housing aims for 18-20% growth in loan disbursals this fiscal
Ø CAG raps govt over inaccuracy in housing stock data
Mint
Ø Rupee closes little changed at 66.74 against US dollar
Ø India seeking merger model for creating a state oil champion
Ø Nearly 58 lakh pensioner bank accounts to come under PMJDY
Ø NMDC may enter rare earth minerals, beach sand mining
Ø Competitive pricing pressure clips IndiGo’s wings
Ø India’s consumer confidence slips, shows survey
Financial Express
Ø Coup costs Turkey economy $100 billion: Minister
Ø Tata Trusts, Global Fund join hands to fight diseases
Ø Infrastructure deficit biggest hurdle for ‘Make in India’: S&P
Ø AXA, Alibaba, Ant Financial forge global distribution tie-up
Ø ‘Indian exports started picking up again in past 2 months’
Financial Chronicle
Ø Govt circulates amendments to GST to RS members
Ø Top 200 Indian companies outperform Chinese peers
Ø Japan approves $130b in fiscal steps to boost growth
Ø Grain output seen at 252.22 mt this year
Ø New Greek bailout finds IMF in a political bind
