India : Business News Headlines – 30 Aug 2016
Tue Aug 30 2016
Ramesh Sridharan (877 articles)

India : Business News Headlines – 30 Aug 2016

Economic Times
Ø  Tata and Birla take on e-commerce players with Tatacliq and Abof
Ø  Shah Committee to submit report on RIL-ONGC dispute by August 31
Ø  Home-made submarine cheaper than foreign made
Ø  Panagariya sees 8% growth rate this fiscal year
Ø  Apple sued over iPhone 6 touch-screen freezes
Ø  HAL may put in Rs 2,000 crore for Sukhoi 30 spares hub
Ø  Toyota lifts India investment freeze; to launch more cars
Ø  Seven vehicle testing centres to kickoff by next year
Ø  24 Mantra Organic to reach 1 million households by 2020
Ø  Baba Ramdev’s Patanjali home worship products will hit stores in the next two months
Ø  DRL launches nitroglycerin sublingual tablets in US
Ø  Future Group enters into a 50:50 JV in a Rs 60 crore project with InI Farms
Ø  RIL gets green panel nod for jetty expansion in Gujarat

Business Line
Ø  Breather for Adani Group as Australian court dismisses plea against Carmichael mine project
Ø  ‘No number attached to IFC’s investment in Hero Future Energies’
Ø  Bridgestone to ride on Firestone, two-wheeler tyres, sales
Ø  KSK Energy to raise up to ₹5,000 cr
Ø  Indian Hotels eyes long-term gains from Mumbai land bank
Ø  Pharma pricing body moves to recover money overcharged by firms
Ø  NCD issue: DHFL mops up ₹12,000 cr
Ø  LTS Investment buys 10% stake in NDTV via bulk deal

Mint
Ø  RBI’s annual report: Raghuram Rajan says India’s growth below potential
Ø  Ratan Tata, Nandan Nilekani to start microfinance company
Ø  RBI Annual Report 2015-16: Consumption will drive growth this year
Ø  RBI Annual Report 2015-16: Household financial savings rise
Ø  Renault Kwid shakes up the big boys of India’s small car market
Ø  New models fail to reverse slide in Mahindra’s market share
Ø  Australian court upholds approval for Adani’s Carmichael mine project
Ø  Snapdeal plans to revamp brand in bid to catch up with Flipkart, Amazon
Ø  Reliance Jio pre-launch jitters: Airtel cuts 4G price by up to 80%

Business Standard
Ø  Infra giants return to highways sector
Ø  DoCoMo ripples in power corridors as Cyrus Mistry meets 3 ministers
Ø  Tata Sons reaches for the sky, infuses more funds in Vistara, AirAsia
Ø  Inflation leaves no room for rate cuts, says Rajan
Ø  Spectrum auction to start from October 1
Ø  Birla plans to exit low-margins business in India, abroad
Ø  Urjit Patel quits FRBM review panel, no plans for replacement: Sources
Ø  GE Shipping, SCI on asset-buying spree
Ø  Indian Hotels CFO quits 4 days after reappointment
Ø  Monsanto approaches Delhi HC against CCI order
Ø  Flipkart finally launches own digital wallet

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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