India : Business News Headlines – 29 Aug 2016
Mon Aug 29 2016
Ramesh Sridharan (877 articles)

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

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

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