Economic Times

·         Railways may take cue from global companies to train TTE

·         Reduced annual spectrum usage charge to boost Bharti Airtel’s EBITDA margins

·         Bharti Infratel in talks to acquire Tower Vision India

·         ICICI Bank top management including Chanda Kochhar received average of 15% hike in basic salary

·         Nissan Motor shifting focus to SUVs and crossovers in India

·         Bajaj Finance ties up with retailers for loans to buyers for clothes, shoes, watches

·         EESL mulling to distribute ‘super-efficient’ fans at lower prices

·         Crude oil prices climb to eight-month high signalling gains for Indian oil marketing companies

·         Government plans to scrap four SPVs set up for UMPPs due to lack of interest from host states

·         Nissan Motor shifting focus to SUVs and crossovers in India

·         Fuel-guzzling car buyers may not get sops for old vehicles

·         Dabur preparing to expand presence in e-commerce segment

·         HT Media buys 8.2% stake in fashion e-tailer Koovs for £3 million

·         India beats Japan in oil use, only next to US, China

·         Crude oil prices climb to eight-month high signalling gains for Indian oil marketing companies

·         As UK braces for referendum on EU membership, Tata Steel goes slow on exit

·         US Agency charges Dr. Reddy’s Labs for packaging lapses; company disagrees

·         JSW Steel logs highest-ever monthly production at 13 lakh tonnes in May

·         Indian media and entertainment industry to grow at 10.3% CAGR, to cross $40 billion by 2020: PWC report





Business Line



·         Sun Pharma enters dermatology segment to expand retail offering

·         Adani Enterprises to set up 1 mt copper plant in Mundra

·         Siemens wins order worth Rs.113 cr

·         Cipla board okays Kedar Upadhye's appointment

·         Express Bike Works partners with HPCL, IOC to open outlets across India

·         Global FMCG firms eye ‘creamy layer’ to boost margins

·         After Shasun merger, Strides to focus on generic drugs

·         Shreyas Shipping hopes to shore up revenues by 15% post SCI deal

·         Rental arm stake sale is key to DLF’s debt solution



Business Standard



·         Suzuki CEO steps down amid mileage test storm

·         Pay cut for five Suzuki directors as a result of mileage scandal

·         Telecom firms to save Rs 150 cr for every 10-bp dip in SUC

·         SBI told to adjust Mallya's Rs 2k-cr HC deposit

·         NTPC signs agreement for doubling of Hotgi-Kudgi section

·         BEL posts Rs 1,809 crore profit after tax

·         GMR Infra-led consortium bags Rs 2,280 cr DFCC contract

·         TVS Motor expects 2% growth in Jupiter's market share this year

·         ABB opens Glopal Business Service Centre in Bengaluru

·         IOC, MRPL pay $330 mn more in 2nd tranche to Iran

·         Drug regulator finds Alkem Labs drug substandard, again



Mint



·         Hindustan Unilever looks to revitalize its food business

·         Macquarie looks to sell two road assets from India infra fund

·         Samvardhana Motherson raises $300 million through dollar bond sale

·         Yamaha bets on scooters to increase market share in India

·         Murugappa Group posts 9% growth in 2015-16

·         1% tax on car sales to only apply on retail transactions

·         Need private investment for faster growth, says Raghuram Rajan

·         Lessons from IDBI’s experiment with a bad bank-like structure