India : Business News Headlines – 06 Sep 2016
Business Standard
Ø Tatas seek to set aside London court order
Ø Urjit Patel assumes charge as new RBI Governor
Ø Services growth hits 3-1/2 year high: PMI
Ø Jio’s rates will compel Airtel, Voda to cut call costs
Ø ‘India going to be a ‘top 3’ economy in 10 years’
Ø UK policy may negatively impact Indians: Modi to May
Ø Vedanta to invest Rs 3K cr to double copper capacity
Ø Big groups refuse to burn cash, go slow on e-commerce
Ø New date for Budget only after Acharya panel inputs
Ø G20 determined to combat ‘populist backlash’ on trade: IMF
Ø SIT on black money asks RBI to share info
Ø Price overcharge: One-time settlement likely for pharma firms
Ø Airtel could lose revenue, but may withstand Jio: S&P
Ø Sebi seeks major changes to new KYC process
Business Line
Ø Raghuram Rajan warns against low rates worldwide
Ø Asia shares up as US jobs report lowers chance of Fed Sept hike
Ø Petronet LNG net up 55% at Rs. 377 cr in June quarter
Ø Online system to check graft in central PSUs
Ø MRPL profit jumps 77% in Q1
Ø Overseas roadshows for NMDC share sale begin on Monday
Mint
Ø UTI AMC may put Rs2,000 crore stake on sale
Ø Sebi approves PepsiCo bottler Varun Beverages’ Rs1,000 cr IPO
Ø SoftBank faces Moody’s downgrade rating over $120 billion debt
Ø PropTiger buys property transaction data provider PropRates
Ø China agrees on steps toward reducing steel exports
Financial Express
Ø Azim Premji meets Nirmala Sitharaman, discusses US visa fee hike
Ø Bangladesh foreign exchange reserves hit record, top $31 bln
Ø Domestic tourism expected to attract Rs 50,000 crore investment
Financial Chronicle
Ø Eliminate safe havens, ensure extradition: PM
Ø Uniper, IPCL join hands to spur power plants’ efficacy
Ø Primary, secondary markets move in opposite directions
Ø India may add 4.8 gw solar power capacity this year
Ø States await Rs 24K cr bounty from excise on oil
