Wednesday, 1 June 2016

Economic Times



·         RCom looks to cut debt by 75 pc with Aircel, tower deal

·         Reliance Industries temporarily shuts PET, PTA units at Dahej on water shortage

·         Will supply to Maruti Suzuki from Noida facilities: Subros

·         NGT hears pleas of auto industry and Central Government not to ban diesel vehicles, next hearing in July

·         Telcos may soon offer calls over Internet like Whatsapp, Skype

·         Won’t set up stores in India if 30% sourcing rule stays: Apple

·         Softbank to sell $7.9 billion of Alibaba shares

·         US court rules $24.9 bn Dell buyout underpriced by 22%

·         Aurobindo to keep focus on drug launches in US, costs in Europe

·         New hospitals to drive growth at Narayana Hrudayalaya

·         Won't allow dumping of rejected iron ore in protected areas: Goa Environment Minister Rajendra Arlekar

·         Last date for registering jewellers with excise department extended to June 30

·         'Bharti Airtel may not bid for spectrum in the 700 Mhz band'

·         Indian Potash reduces MoP price by Rs 50

·         Unichem earmarks Rs 200 crore capex for current fiscal

·         DLF to sell 32 screens to PVR for revised price of Rs 433 crore



Business Line

·         Maruti to resume operations from Wednesday

·         Glenmark to raise $200 m in Singapore bourse

·         Toyota secures over 20,000 bookings for InnovaCrysta

·         Reliance to offload stake in African oil marketing firm

·         Sony Pictures to launch premium English movie channel

·         ONGC Videsh inks marketing agreement with SOCAR Trading 



Business Standard

·         At 7.6% in FY16, India now fastest growing economy

·         GSPC finds a white knight in ONGC

·         Petrol price raised by Rs 2.58, diesel costlier by Rs 2.26 per litre

·         Core sector growth accelerates to 8.5% in April

·         RIL arm sells stake in African fuel retailer Gapco

·         Power tariff set to shoot up as Coal India raises prices



Mint

·         Sebi eases redemption norms for mutual fund investors

·         Govt wants cash-rich CPSEs to buy back shares from market

·         FDA may inspect one Ranbaxy plant in fiscal 2017: Dilip Shanghvi

·         Vodafone, Cairn Energy have 7 months to accept govt’s olive branch in tax disputes

·         L&T Finance eyes consolidation in bid to improve returns

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