India : Business News Headlines – 08 Sep 2016
Business Standard
Ø S Arabia said to weigh canceling $20 bn of projects
Ø BHEL reports 54% surge in Q1 net; stock rallies 15%
Ø India may get 5G with the rest of the world
Ø ONGC net profit dips 21% in April-June quarter
Ø Holding on to pvt banks but no fresh buy: Holland
Ø China’s state-owned banks cut thousands of jobs
Ø GST April 1, 2017 deadline a stiff target: Arun Jaitley
Ø NITI Aayog bats for strategic sale of 22 central PSUs
Ø $2 bliion renewable energy fund goes in NIIF lap
Ø CPEC projects worth $17 billion in advance stage of approval
Ø IDFC Bank for acquisitions & fintech tie-ups to grow retail book
Ø ICICI Pru Life gets Sebi nod for Rs 5,000-cr IPO
Business Line
Ø DoT lobs RJio interconnection row into regulator’s court
Ø Scaling up: Centre plans to double capacity of solar parks
Ø UBL management backs Mallya for continuing as Chairman
Ø Ashok Leyland agrees to part ways with Nissan
Ø SEBI fixes daily price limit for non-agricultural commodities
Ø Nabard to provide funds toCentre for irrigation projects
Mint
Ø India to push for WTO trade facilitation deal in services
Ø Tata Advanced Materials wins contract from Boeing
Ø IOC to send fuel consignment for Tripura via Bangladesh on 9 September
Ø Yes Bank set to launch biggest QIP of 2016
Ø SpiceJet Q1 net profit more than doubles to Rs149 crore
Financial Express
Ø India among priority nations in UK’s post-Brexit trade agenda
Ø Sensex closes 52 points down at 28,926, Nifty settles at 8,922; SpiceJet, BHEL soar
Ø Motherson Sumi Systems acquires auto business unit of Abraham and Co
Financial Chronicle
Ø India to focus reforms on tax, banks, infrastructure: Arun Jaitley
Ø India expects $6b investment in airports sector
Ø Fed says US economy in good shape, wants rate hike
Ø Parag MF to hold AGM Buffett-style
Ø FTA negotiations with India complicated: Australia
Ø STFC targets to double AUM in next five years
Ø Enbridge buying Spectra in $28 billion deal
