India : Business News Headlines – 01 Sep 2016
Business Standard
Ø After tariff war, Airtel challenges Rel Jio with 135 mps data speed
Ø Mukesh Ambani shifts to big data with $20-bn Jio
Ø India’s fiscal deficit reaches 74% of FY17 target
Ø CCI imposes Rs 6,700 cr fine on 10 cement cos for cartelization
Ø India, US to use S&CD platform to boost trade, investment
Ø Cabinet clears clutch of moves to revive construction sector
Ø GDP slows to 7% in new worry for Modi govt
Ø SC quashes Singur land buy for Tata Motors’ Nano plant
Ø Shah panel says RIL must pay penalty to govt
Ø Govt to launch scheme to promote food processing sector
Ø RBI advisory panel suggested status quo on policy
Ø Govt preparing comprehensive national gold policy
Ø RBI may agree demand for a nodal agency for P2P lending
Ø A $14.5 billion dilemma- EU serves tax order to Apple
Business Line
Ø Hind Copper signs jt venture agreement with CMDC
Ø Cox & Kings is cautiously optimistic about Europe business
Ø RBL becomes first private bank to list in 11 years
Ø India, US see big opportunity in travel, tourism sector
Ø Hero MotoCorp hopeful of double-digit growth this fiscal
Ø Eyeing larger soyabean crop, trade sees scope for exports to Far East
Mint
Ø Petrol price hiked by Rs3.38 per litre, diesel by Rs2.67
Ø India woos foreign investors with permanent residency status
Ø OMCs bullish on renewable energy segment
Ø GST rate: Auto industry proposes dual duty structure
Ø CPPIB gets RBI nod to up stake in Kotak Mah Bank upto 10%
Ø Sony acquires Zee’s TEN Sports for $385 million
Financial Express
Ø Sensex closes 109 points up, Nifty settles at 8,784; Hero MotoCorp, Tata Motors gain
Ø Seven fund houses bid for new CPSE ETF; ICICI MF leads race
Ø Public debt rises 3 per cent in April-June quarter
Ø ‘IT, telecom cos investing in tackling fraud, bribery’
Financial Chronicle
Ø Foreign players investing Rs 10 cr eligible for residency
Ø RBL soars 33% on listing to be 9th largest pvt bank
Ø Commercial vehicle demand to revive from FY17: ICRA
Ø Cabinet approves recent changes in FDI policy
Ø MCX Q1 net profit up 55% at Rs 33 crore
