India : Business News Headlines – 14 Sep 2016

Wed Sep 14 2016
Ramesh Sridharan (903 articles)
India : Business News Headlines – 14 Sep 2016

Business Standard
Ø  India and Russia discuss direct gas delivery line
Ø  ‘Implementation of GST to attract more FDI’
Ø  Bharti Airtel agrees to take Jio’s voice call
Ø  Coal India’s Q1 net profit dips 14%
Ø  Government to back GST standard rate of 18-19%
Ø  Reliance Infra to scale up order book to Rs 30k cr
Ø  Sebi might ask Diageo to revise USL open offer
Ø  Moderating retail inflation raises rate cut hopes: Ind-Ra
Ø  Regulators step up scrutiny of drug makers
Ø  Reliance Capital to list Housing finance biz
Ø  Ashok Leyland plans multiple satellite plants abroad
Ø  Dr Reddy’s enters Dow Jones Indices

Business Line
Ø   India-Hong Kong trade affected by China bogey
Ø  Zee Entertainment enters the Hispanic market
Ø  MCX silver under pressure, may extend fall in near-term
Ø  HCC bags Rs. 182 cr contract by Department of Atomic Energy
Ø  Global oil surplus to persist into first half of 2017: IEA
Ø  Monsoon set to begin retreating from Rajasthan

Mint
Ø  Govt plans economic corridors with investment of Rs3 trillion
Ø  Cyrus Mistry optimistic about acquisitions by Tata firms within India and outside
Ø  Cauvery dispute: Infosys, TCS, Wipro shut offices after violence
Ø  Ikea targets India, China expansion to meet sales growth aim
Ø  Quikr acquires Stayglad for undisclosed amount

Financial Express
Ø  Over 70 % newly-listed cos give smart returns to investors
Ø  Tata Steel Kalinganagar plant generates 17K job opportunities
Ø  Mukesh Ambani-owned Rel Ind biggest defaulter of MMRDA
Ø  Government working to address call drop issue: Minister
Ø  RJio counters Airtel’s claim of ‘tsunami of free traffic’

Financial Chronicle
Ø  Goldman uses retail deposits for WS-style profits
Ø  Oil falls on US drilling, shrugs off upbeat China data
Ø  AUM of gold ETFs stagnant despite price rise
Ø  ONGC seeks exemption from paying oil subsidy
Ø  Railways to save Rs 10,000 cr after budget merger

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