Wednesday, 20 July 2016

Economic Times



Business Standard
Ø  IMF trims India growth estimate to 7.4%
Ø  RIL to pump in Rs 15,000 crore in Jio through rights issue
Ø  Global warming to cost $2 trillion in lost productivity
Ø  8,100 wilful defaulters owe banks Rs 76,600 cr
Ø  DoT sends demand notices to Airtel, RCom, others
Ø  Govt, RBI monitoring Brexit fallout, taking steps
Ø  Cash collateral not required while placing bids for SGB: BSE

Ø  Govt to infuse Rs 229.15 billion in public sector banks
Ø  Mumbai police secures FTIL assets worth Rs 2,000 cr
Ø  Wipro's weak margins, guidance disappoint
Ø  Govt to relax Companies Act provisions for Gift IFSC
Ø  10% rise in electricity generation may boost power sector earnings
Ø  Wipro calls off agreement to acquire Viteos Group
Business Line
Ø  Afghan deputy agri minister woos Indian investors 
Ø  India’s air traffic growth remains highest in world: Boeing
Ø   Jewellery industry to grow by 3% this year: ICRA 
Ø  Fitch maintains ‘stable’ outlook for Adani Ports 
Ø  India, US agree to enhance cooperation on hydrocarbons, energy
Mint
Ø  Ultratech Cement Q1 profit rises 29% to Rs780 crore
Ø  Tata still India’s most valuable brand
Ø  Nowfloats acquires Lookup in a cash-equity deal
Ø  Jaiprakash Power reports higher-than-expected Q1 net loss
Ø  Airlines cry foul over last-minute fare drops triggered by Air India
Financial Express               
Ø   Govt detects nearly Rs 44K crore in undisclosed income
Ø  RBS to close 6 of 10 branches from Oct 1
Ø  India imports over 7 lakh tonnes of pulses in April-May
Ø  No possibility to use bio-diesel in vehicles: Mercedes
Ø  Air India, SpiceJet, Jet top in reputation rankings

Financial Chronicle
Ø  Japan’s SoftBank plunges after $32b ARM buy
Ø  UK court begins hearing Brexit legality case
Ø  India Inc M&A deals up 12% in first half of 2016
Ø  Monsanto in talks with Bayer over confidentiality pact
Ø  Insurance to cover Ayush treatments
Ø  Oil prices down as Turkey fears ease, glut woes return

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