India : Business News Headlines – 18 Aug 2016
Business Standard
Ø Top telcos reject Reliance Jio’s demand for more interconnection points
Ø NTPC aims to become biggest renewable energy producer
Ø ‘Global investment in fintech cos totaled $ 99.4 bn’
Ø ED expands probe against Mallya, adds more charges
Ø Global Innovation Index: India moves up to 66th rank this year
Ø India Inc’s Apr-June M&A deal tally at $7 bn: EY
Ø Sebi seeks UK regulator’s help on Mallya
Ø China’s Tidfore to pick up stake in Uttam Galva
Ø Centre ask states to open AMRIT pharmacies
Ø Strides Shasun to hive off commodity API unit as separate business
Ø China’s Tidfore to pick up stake in Uttam Galva Metallics
Ø Lupin gets USFDA nod for generic potassium deficiency drug
Business Line
Ø India needs to ensure financial stability, inclusion balance: FSB
Ø Steel demand in India to outpace regional average: Moody’s
Ø Centre puts spotlight on UP Govt on Nagla Fatela’s electrification
Ø Dollar turns defence into attack ahead of Fed minutes
Ø Investors pump in Rs. 1.02 lakh cr in MF schemes last month
Mint
Ø Indian drug makers brace for slower growth at home
Ø Rural India to power internet users to 730 million by 2020, says report
Ø Maruti Suzuki steps up hiring of contract workers
Ø Sunil Munjal ceases to be promoter of Hero MotoCorp
Ø SC asks Unitech to refund Rs15 crore to buyers of apartments in Noida, Gurgaon
Ø Oil and gas firms to invest Rs3 trillion to help build gas-based economy
Financial Express
Ø IOC Largest sewage plant at Mathura to help clean Yamuna
Ø FIPB to take up 12 FDI proposals on Aug 30
Ø No clarity in permit to seek compliance from telcos: Trai
Ø Raghuram’s replacement: Modi govt to name new RBI governor this week
Ø Banks to confiscate security in case of loan default
Financial Chronicle
Ø Apple to boost China investments as demand slows
Ø Most CFOs optimistic about country’s economy: survey
Ø Indian refiners switch to soyoil as palm prices rally
Ø CAG raps Goa mines dept over stamp duty recovery
Ø Govt accedes to some demands of collegium
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