India : Business News Headlines – 25 Aug 2016
Thu Aug 25 2016
Ramesh Sridharan (870 articles)

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’

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

Copyright (2016) ©

Ramesh Sridharan

Ramesh Sridharan

Ramesh Sridharan is our Stock Market Correspondent covering events and daily movements of stock markets in Asia. He is based in Mumbai