India : Business News Headlines – 18 Aug 2016
Thu Aug 18 2016
Rajesh Sharma (1832 articles)

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

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

Copyright (2016) ©

Rajesh Sharma

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.