India : Business News Headlines – 19 Aug 2016
Economic Times
Ø NPAs nearly doubled to 8.5 per cent in Q1: Report
Ø Government slaps $380 million additional penalty on RIL
Ø US jobless claims fell to 262,000 last week
Ø Wipro parks $1.5 mn for minority stake in Israeli firm
Ø Govt extends subsidy scheme to solar-powered cold storages
Ø SBI approves merger with associate banks
Ø Tata, Docomo brass to meet to resolve dispute
Business Standard
Ø Singtel to pick 7.39% stake in Bharti Telecom for $659 mn
Ø Govt imposes anti-dumping duty on cold-rolled flat steel items
Ø Sebi moves Australian court, seeks attachment of PACL properties
Ø Gujarat woos post-Brexit investments from the UK
Ø RBL Bank raises Rs 364 cr from anchor investors
Ø I-T dept changes property valuation rule
Business Line
Ø Debt of top 30 steel firms hits record $150 b: E&Y
Ø SBI board approves merger of 3 associate banks and Bharatiya Mahila Bank
Ø Chinese firm to invest $150 m in Uttam Group’s project
Ø Oil steady near six-week highs on talk of supply freeze
Ø BSE eager to offer higher stake to Deutsche Börse
Mint
Ø World’s biggest banks still pose too-big-to-fail risk, FSB says
Ø Rupee closes marginally weaker against US dollar at 66.81
Ø Power Grid: Strong guidance help investors overcome capitalization miss
Ø ICICI goes live with banking transaction product on mobiles
Ø Bad loans, slowing growth cloud outlook for power sector lenders
Financial Express
Ø AIFs need to have dispute settlement mechanism: Sebi
Ø BSNL, Microsoft Corporation partner for enterprise business
Ø Dilip Buildcon bags Rs 2,000 cr highway project from NHAI
Ø India keen on developing coal fields, ore mines in Russia
Ø Goverment unveils portal for star rating of mines
Financial Chronicle
Ø Black money: CBDT to issue fresh FAQs on IDS,
Ø Now pension may be fixed without employers’ attestation
Ø Sensex up 118 pts as US rate hike prospects ebb
Ø 14 lakh individuals fell in 30% tax bracket in 2012-13
Ø OYO raises Rs 413.1 cr from SoftBank Group
