India : Business News Headlines – 09 Aug 2016
Business Standard
Ø India Inc hails passage of GST Bill, plans April rollout
Ø SBI asks five banks to clean books before merger
Ø Telecom companies accuse TRAI of bias
Ø ONGC inflated its own crude oil report card: CAG
Ø Brokers to provide trading documents in 15 languages
Ø ‘Govt never imposed fine of Rs 200 cr on Adani port, SEZ’
Ø Walmart to buy Jet.com for about $3.3 billion
Ø 3:7 swap ratio for Max, HDFC Life merger
Ø India exported meat worth $568 million in April-May
Ø Mutual funds to become costlier on GST implementation
Ø DoT to kick off spectrum auctions on 29 September
Ø Regulatory issues, land acquisition delay 112 NHAI projects
Ø China to crack down on illegal rare earth mining
Ø Aurobindo Pharma receives US FDA nod for anti-infective drug
Business Line
Ø Govt notifies provisions under insolvency law
Ø Bumpy road to recovery for Indian economy: Citigroup
Ø Bank officers’ union to protest against govt policies
Ø US tax hunt overseas causes global headaches
Ø HDFC, Max agree on terms of merging life insurance biz
Ø Marico sees 10% growth in H2 on rising consumer demand
Mint
Ø Discoms’ power purchase costs soften in first quarter
Ø CAG pulls up aviation ministry on Gondia airport spend
Ø Hero MotoCorp Q1 profit rises 18.3% to Rs 883 crore
Ø Reliance Retail to expand beyond 500 towns
Ø Amara Raja-Exide Industries battle enters new phase
Ø Britannia delivers a margins surprise
Financial Express
Ø S&P 500 set to open at record high after jobs data
Ø Delhi may be among first few states to ratify GST bill
Ø Differences between RBI, govt contribute to improve policies: D Subbarao
Ø 85% banks’ NPA levels rise in Jan-June 2016: Survey
Ø Green panel defers decision on Tata Power’s Versova project
Financial Chronicle
Ø Rajan may keep rate static in his last policy tomorrow
Ø China imports, exports slump in July: customs
Ø ‘On-tap bank licencing ‘credit positive’ for NBFCs’
Ø Oil rises on new output freeze calls
Ø MF exposure in bank stocks hits a record at Rs 94K cr
Ø Raymond looks to double retail turnover by 2021
