India : Business News Headlines – 31 Aug 2016
Business Standard
Ø SWIFT discloses more attacks on banks by hackers
Ø Indian economy to grow at 7.8% in 2016-17: Survey
Ø Oil and Gas Ministry seeks uniform taxes on LPG
Ø Black money: 300% rise in I-T Dept raids, seizures
Ø GST, reforms to boost India’s growth: FM to US CEOs
Ø Chile breaks Dubai’s record of solar power at low cost
Ø Govt approves Rs 7,457 cr highway projects in 11 states
Ø Chinese firms invested $2.3 billion in 3 months in India
Ø EU crackdown on multinational tax deals
Ø Need to provide more capital to PSBs to deal with NPAs: RBI
Ø Green panel clears SAIL’s Rs 5,419-cr modernisation plans
Ø Sebi warns investors about schemes offering prize money
Ø Rcom evaluating options regarding 700 MHz spectrum
Ø Sebi asks commexes to register traders for price dissemination service
Business Line
Ø DLF shortlists bidders for stake sale in rental assets arm
Ø Trade unions stick to Sept 2 strike, reject govt’s wage hike
Ø EU orders Apple to pay up to 13 bn euros tax to Ireland
Ø NTPC Koldam hydro project achieves 107% capacity utilisation
Ø RCom to offer 300 minutes of 4G calling at Re 1
Ø Oil prices rise as dollar comes off 2-week high
Mint
Ø Govt to amend norms for fixing drug prices
Ø BSE 500, mid-cap indices scale record high
Ø India-US nuclear deal: Time to yield concrete results, says John Kerry
Ø Aircel Cellular moves SC against Madras HC decision on spectrum charge
Ø Moody’s concerns could thwart GMR’s stock from take off
Ø Our focus area is small and medium sector: Microsoft’s Pramanik
Financial Express
Ø Airtel, Vodafone, Idea cut tariff, bundle plans ahead of Reliance Jio entry
Ø Sensex jumps 440 points on global cues, corprate earnings; Nifty hits 16-month high
Ø RBI allows foreign investors higher holding in Ultra Tech
Ø Indian rupee gains 15 paise to close at 67.03 against US dollar
Financial Chronicle
Ø Industry pitches for 18% GST, exemptions for e-comm players
Ø India, US sign logistics pact to cement defence ties
Ø IOC raises oil import from Iran to 5 MT for FY’17
Ø Offshore funds, ETF witness over $5b net outflows
Ø Cipla gets USFDA nod for generic anti-depressant drug
Ø India-Myanmar scale up ties in China’s shadow
