India : Business News Headlines – 05 Sep 2016
Wed Oct 05 2016
Ramesh Sridharan (870 articles)

India : Business News Headlines – 05 Sep 2016

Business Standard
Ø  ‘RBI rate cut positive for economy, banks to follow suit’
Ø  India’s GDP growth to remain strong: World Bank
Ø  US Fed awards $306.04 billion in reverse repos
Ø  Govt extends MIP on select steel products for 2 months
Ø  Urjit Patel may junk Raghuram Rajan’s NPA approach
Ø  Over Rs 71,000 cr disclosed under IDS, says ICAI
Ø  Sebi to cut IPO listing time to four days
Ø  Start-ups can raise $3 millon via ECBs annually: RBI
Ø  PE investments down 63% in September quarter
Ø  Pound tumbles to 31-year low, Deutsche Bank bounces
Ø  Petrol price hiked by Rs 0.14 per litre, diesel by Rs 0.10 per litre
Ø  Winding up petitions filed against Usher Agro

Business Line
Ø  Real estate sector expects buyer sentiment to improve
Ø  Maruti’s Baleno sales cross one lakh units
Ø  SEBI issues paper on compensation agreements
Ø   SAB Group set to rebrand itself as single entity
Ø  Gender equality may help improve food security
Ø  Short-term outlook for MCX silver is bearish

Ø  Re touches one-month high against US dollar after RBI rate cut
Ø  Hyundai to recall 7,657 units of Eon to inspect cables
Ø  MCA eases rules for incorporating companies
Ø  Ratan Tata invests in wearables maker GOQii
Ø  Mahindra seeks to introduce car DNA in its UV portfolio
Ø  Vijay Mallya free to return to India, ED tells Delhi court

Financial Express
Ø  Car, consumer durable makers rejoice on RBI’s ‘festive gift’
Ø  M-cap of BSE-listed cos at record high, tops Rs 113 lakh crore
Ø  Competition Commission orders fresh probe against Monsanto
Ø  UBL to have more flvours in Kingfisher Buzz
Ø  FSSAI proposes to regulate non-specified food & ingredients
Ø  Khadi may find way into government hospitals

Financial Chronicle
Ø  RBI cuts key rate by 0.25% to 6-year low
Ø  LIC settles claims of Uri martyrs in less than a week
Ø  Spectrum auction gets bids worth Rs 59,981 cr so far
Ø  Cumulative solar capacity in India hits 8.6gw: Mercom
Ø  IOC to pump in Rs 1,800 cr more at Panipat refinery
Ø  Edelweiss, CDPQ tie up to buy stressed debt

Copyright (2016) ©

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