India : Business News Headlines – 07 Sep 2016
Business Standard
Ø ‘India look for increased capital support from WB’
Ø Govt further relaxing FDI regime, says official
Ø Deutsche Bank must review business model: IMF
Ø Spectrum auction ends: Rs 65,789 cr-bids in 5 days
Ø US oil prices top $50 a barrel for 1st time since June
Ø Tax dept scanning IDS disclosures filed through post
Ø Brookfield, Hiranandani in India’s biggest realty deal
Ø NSE gets board nod to launch IPO via OFS, clears bonus shares
Ø Lupin, MonoSol Rx sign licensing pact for pediatric products
Ø HDFC Ltd to raise Rs 1,500 crore via bonds to augment capital
Ø ONGC, OIL in a spot over dipping gas prices
Ø Govt revising medical council Bill
Ø Kotak Mahindra Bank, Canara Bank cut base rates
Ø Tap Japan pact to cut trade deficit, says Sitharaman
Business Line
Ø Lagarde warns against retreat from globalisation
Ø Finance Ministry keen to present Budget on Feb 2 or earlier
Ø Unions decry Govt rethink on widening PF coverage
Ø Tata strikes deal with S African car hire company
Ø FACT to resume production of fertilisers to full capacity
Ø JSPL defaults on interest payment on NCDs
Mint
Ø Sebi’s initial probe finds Yes Bank violated norms on QIP
Ø Aurobindo Pharma founders to sell up to $135 million of shares
Ø Aviva fined $10.5 million by UK FCA over outsourcing
Ø Excess corporate debt a medium-term risk to India’s growth trajectory: IMF
Ø Suzlon shrugs off rating suspension on $1.2 billion bank debt
Financial Express
Ø BP gets govt nod to retail petrol, diesel
Ø Adoption of GST poised to boost India’s medium-term growth: IMF
Ø Pfizer to sell Hospira infusion therapy business to ICU Medical
Ø Deutsche Bank in informal talks about raising capital: Report
Ø Tata Teleservices to shell out Rs 4,500 crore for spectrum
Financial Chronicle
Ø Govt considering ban on celebrities for misleading ads
Ø ‘GST to make inter-state transactions easier’
Ø E-com sales to touch Rs 11k-13k cr in Oct: RedSeer
Ø Indian banks vulnerable to profit decline: IMF
Ø Sensex trips 115 pts as profit-booking persists
Ø India pushes for early Predator drone deal
