India : Business News Headlines – 08 Sep 2016
Thu Sep 08 2016
Ramesh Sridharan (876 articles)

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

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

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


Rules of Discussion on Live Index

1. This forum is for discussion of financial markets. Please respect others view even if they are contrary to you.
2. Member's comments should lead to value addition in forum discussion.
3. If anyone is found making repetitive Explicit/Abusive/Racial comments, his account shall be banned and old posts will be deleted.