India : Business News Headlines – 29 Aug 2016
Business Standard
Ø India, US eye bilateral trade worth $500 bn: Report
Ø Aurobindo, Intas in race for $1 billion buyout of Teva UK
Ø Govt may advance Parliament session to approve GST
Ø Forex reserves increases to $367 billion
Ø Crops cover 5 per cent more area than year ago
Ø SFIO widens Mallya probe; top bankers under scanner
Ø $1 bn fund in the works for renewables: Piyush Goyal
Ø Paytm to raise $300 million, valuation pegged at $5 billion
Ø RBI unions write to MPs, state FMs against PDMA
Ø Adani Enterprises promoters pledge shares
Ø REC to seek shareholder nod on September 21 for raising Rs 50,000 crore
Ø Draft vehicle scrapping policy to be ready in a fortnight
Ø NBCC share sale: 8 merchant bankers vie to manage the show
Business Line
Ø Zee Unimedia eyes ad business from other media outlets, too
Ø To reduce dependence on IPPs, Suzlon to focus on captive customers
Ø Madhya Bharat Agro to launch IPO on Monday
Ø ACC poised to ramp up manufacturing capacity with Jamul, Sindri plants
Ø Centre working to provide farm loans in timely manner: Minister
Mint
Ø Sebi mulling relaxed norms for REITs, InvITs, start-ups listing
Ø Trade unions refuse to call off 2 September strike
Ø Flipkart valuation downgraded by Morgan Stanley 3rd time in 6 months
Ø Coal India to spend Rs7,765 crore to increase mining capacity
Ø Tax resolution scheme: CBDT to write to 2.59 lakh taxpayers
Ø NSE to complete delisting process of 140 companies in two months
Financial Express
Ø India, US set to sign key logistics agreement
Ø Power Grid to electrify 1,000 km of rail tracks on pilot basis
Ø Huawei Reaffirms Commitment to ‘Make in India’ Vision
Ø Insurers to file compliance to investment norms form March
Ø Gold rebounds on jewellers’ buying, silver jumps Rs 280/kg
Financial Chronicle
Ø Policymakers plan for ‘brave new world’ as Fed nears rate hikes
Ø Monsanto lobbies with US lawmakers on Indian norms
Ø Investors have to track share pledging moves
Ø India no exception to external trends in a global economy
Ø Govt moots Rs 1.5kcr security fund for solar projects
Ø Welspun tangle points to quality challenges