India : Business News Headlines – 05 Sep 2016

Wed Oct 05 2016
Ramesh Sridharan (910 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

Mint
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

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