Monday, 18 January 2016

India News



Economic Times

·         Narayana Murthy-led panel wants easier norms for VC, PE funds
·         Cola industry stumped by Narendra Modi's juicy idea for aerated drinks
·         Sikka goes the extra mile for Zero Distance Project
·         Hyatt's India properties hit by malware too
·         'KUV100 to make M&M end-to-end SUV player'
·         TPG, Partners Cap in race to acquire ICICI Home Fin
·         Emcure acquires Canadian co & its subsidiary Marcan
·         Hydro units may come under renewable energy ambit
·         Qualcomm unveils $280 mn JV with Chinese province
·        Maruti to showcase vehicle platform, new one-litre engine at Auto Expo 2016
·        Mahindra launches all electric scooter GenZe in US
·        Indulekha sold to Hindustan Unilever, Mosons Group in non-personal care initiative
·         Lifting of US sanctions on Iran to help India’s oil imports

Business Line

·         BHEL commissions 2 substations in Afghanistan
·         M&M to sign off this fiscal with two more models
·         Cipla sets up 6-member leadership team
·         Coal India arm MCL crosses 100 m. t. output milestone
·         In change of marketing gear, Maruti using analytics to reach 2020 sales target
·         Jindal Steel’s Australian unit to resume operations soon; gets regulatory nod
·         JSW to open industrial paints unit in Maharashtra

Mint

·         IDBI Bank hires seven banks to raise Rs3,771 cr via QIP issuance
·         Petition against Sun Pharma for allegedly violating merger norms
·         ARCs buy Rs10,000 crore of bad loans in October-December
·         Jubilant Biosys, Sanofi partner to develop medicines for metabolic disorders
·         Titan sees Rs500 crore hit in fiscal 2016 on PAN rule
·         Yahoo looking to slash 10% or more of its workforce: report
·         Govt considers part stake sale in Axis Bank
·         Tata Motor’s Land Rover climbs to the top of a record US car market

Business Standard

·         Airtel's Akhil Gupta invests in Anil Ambani's commodity bourse
·         Axis Bank buys 200,000 sq ft of office space in Mumbai
·         Air India not to oppose scrapping of 5/20 rule
·         AirAsiaX to relaunch India flights
·         Aditya Birla Group to have 3 top mgmt changes
·         Air Works plans Rs 700-cr public offer

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