India : Business News Headlines – 25 Aug 2016
Business Standard
Ø Union Cabinet clears new India-Cyprus DTAA
Ø SBI may partner LIC, IIFCL for credit enhancement fund
Ø CCI clears way for setting up of $17-billion entity
Ø Bad loans of state-run banks double in 15 months
Ø KFA brands to be auctioned again on Thursday
Ø Mukesh Ambani’s hunts for 100 million Jio subscribers
Ø Private sector bankers salary misaligned: RBI
Ø Nirmala Sitharaman plumps for 200 bps rate cut by RBI
Ø Tata Global Beverages to explore restructuring or selling China operations
Ø Record German budget surplus fuels investment debate
Ø Vodafone-Idea merger not easy, unlikely anytime soon: analysts
Ø Lupin arm gets USFDA nod to market generic Zyvox tablets
Ø Sebi reviews warehousing norms for agricultural products
Business Line
Ø GST rate should be lower for essential food items: CII
Ø NBCC plans to build on business with Hindustan Steelworks acquisition
Ø GST to have inflationary impact: Cyrus Mistry
Ø Strides Shasun gets USFDA nod for Ranitidine tablets
Ø ‘Energy Efficiency will unlock hidden savings in manufacturing sector’
Mint
Ø LIC won’t hike investment in stocks in 2016-17
Ø Essar said to face asset sale challenge from IDFC private equity
Ø Tata Global Beverages looks to enter dairy business
Ø Infosys may get about $60 million for GST project
Ø SBI plans to raise Rs11,100 crore through AT-1 bonds
Ø Kingfisher Airlines brands to be auctioned again at lower price
Financial Express
Ø India Inc enduring deepest earnings decline in 20 years: Morgan Stanley
Ø Assets with portfolio managers up at Rs 11.2L cr in July-end
Ø India to receive normal rains, not surplus, as La Nina chances fade
Ø Zydus Cadila recalls over 2lakh bottles of anti-depressant drug in US
Financial Chronicle
Ø ‘Realty law to cut litigation, ensure timely delivery’
Ø Power tariffs to rise, as freight rate hiked
Ø TCS settles Orange County lawsuit for $26 million
Ø Walmart reviews cotton certification records of Welspun
Ø Chinese firms’ bid to buy $1.5b Pakistan utility stake
Ø Samsung, Tencent to become Asia’s most valuable firm
