India : Business News Headlines – 01 Sep 2016
Thu Sep 01 2016
Ramesh Sridharan (876 articles)

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

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

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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