India : Business News Headlines – 19 Aug 2016
Fri Aug 19 2016
Rajesh Sharma (2003 articles)

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

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

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.


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