India : Business News Headlines – 07 Sep 2016
Fri Oct 07 2016
Ramesh Sridharan (876 articles)

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

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

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


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