Thu Aug 18 2016

Rajesh Sharma (2003 articles)

Pre Market

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

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.