Thu Aug 11 2016

Rajesh Sharma (2002 articles)

Pre Market

India : Business News Headlines – 11 Aug 2016

Economic Times
Ø  ET Markets Roundtable: How GST can transform India?
Ø  How Adani Group is moving towards corporate responsibility from controversies
Ø  Would like to pioneer in making a driverless tractor: Anand Mahindra
Ø  Government plans to utilise landbanks of public sector enterprises
Ø  Railways on fast track to boost non-fare revenues
Ø  TCS ranks among top 100 US brands: Survey
Ø  Dabur Red toothpaste rides herbal wave, moves to 3rd slot
Ø  Make in India: Incentive package for leather sector on the anvil
Ø  Tata Power Delhi inks pact with 30 companies, institutions for tech innovation
Ø  India Value Fund Advisors, Baring Asia team up to buy ICICI Home Finance
Ø  Tata Motors mulling launch of SUV and premium sedan

Business Line
Ø  Tata Communications has nothing to gain from VSNL land bank, says Chairman
Ø  Domestic car sales rise 9.62% in July
Ø  ReNew Power sets up another JV with Chinese company Hareon
Ø  Welspun to make towel with Manchester United, Walt Disney brands
Ø  First Solar commissions 130 MW of solar power plants in AP, Telangana
Ø  GE and L&T sign MoU to manufacture sub-sea oil and gas equipment in India

Business Standard
Ø  Tata Chemicals exits urea biz for Rs 2,670 cr
Ø  Reliance Jio strikes back, sees vested interests at play
Ø  FRBM panel for combining Centre, states’ deficit targets
Ø  IPO windfall for RBL Bank staff
Ø  Grasim, Nuvo shares tank on merger reports
Ø  COAI-Trai tussle to impact spectrum auctions
Ø  Biofuel industry to see Rs 15,000-cr investments
Ø  CIL eyes better sales as imported coal and pet coke prices soar

Mint
Ø  Robust farm equipment sales prop up Mahindra in June quarter
Ø  CCI clears UltraTech Cement’s Rs16,189 crore deal with Jaiprakash Associates
Ø  RBL Bank looks to raise Rs1,211 crore through IPO
Ø  Cabinet approves liberalization of FDI norms for NBFCs
Ø  Macquarie Infrastructure, Tata Housing to partner for Rs2,000 crore projects
Ø  Rajan says was open to RBI extension to take care of unfinished business
Ø  Aditya Birla health insurance business gets Irdai nod

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.