Thursday, 7 July 2016

Economic Times





·         FIPB clears FDI proposals worth Rs 643 crore

·         Africa visit aimed at enhancing ties with Africa: PM Narendra Modi

·         ITC ropes in Sanjay Singal of Dabur for food business

·         Reliance AIF to raise Rs 1,000 crore for realty investments

·         Ferrero overtakes Nestle in India chocolate revenues

·         Reverse e-auction for power projects in the pipeline

·         Maruti Ciaz crosses 1 lakh cumulative sales milestone

·         Pininfarina to develop new product under own brand under Mahindra

·         BFIL may raise Rs 10,000 crore in FY17 to meet credit demand

·         Banking sector faces stress due to 'stalling' in 2011-13: SBI Chairman Arundhati Bhattacharya

·         Yeldi gets semi closed wallet licence from RBI

·         Emaar PJSC plans to raise stake in MGF joint venture to over 74%

·         JK Paper makes offer to buy 2 units of BILT Graphic Paper

·         Mines Ministry mulls hiking aluminium import duty

·         Claris gets USFDA nod for anti-bacterial infections injection

·         Aditya Birla Fashion to acquire Forever 21 in India for $26 mn

·         Marriott opens Fairfield in Lucknow, to open six more hotels by the end of 2016

·         Twitter ropes in Facebook veteran Bret Taylor to revive fortune

·         All telcos fail call drop test in Darjeeling & Sikkim; Telenor 2G sole to pass in Ranchi: TRAI

·         Reliance Lyf smartphones get 25% price drop

·         Vodafone emerges as frontrunner for buying out Telenor's operations in India





Livemint



·         Seventh Pay Commission: Central govt employees unions defer July 11 strike

·         Mahindra to use Pininfarina branding for luxury products

·         Essar Ports to remodel business, invest Rs3,000 crore in LNG terminal

·         Mahindra restructuring two-wheeler business: Pawan Goenka

·         India topped domestic air passenger growth globally in 2015: IATA

·         June quarter saw global economic growth at lowest since 2012

·         New mines minister Piyush Goyal seeks to raise mineral output



Business line



·         Centre weighs in with ₹90,000 cr to pump-prime the economy

·         Abbott wins drug regulator’s nod to sell absorbable stent in US

·         Petronet LNG plans a ₹5,000-cr terminal in Bangladesh

·         Broadcasters eye sports content for digital reach

·         GIPCL receives LoI for solar project

·         Vedanata to plant 13,000 saplings around their mining operations in Goa

·         BSH Home Appliances to raise production capacity

·         Claris gets USFDA nod for Tobramycin injection

·         Coal India joins buyback bandwagon

·         BookMyShow raises ₹550 cr in round led by US co Stripes

·         Shift from BS-III to BS-IV fuel will have dramatic impact: Tata Motors

·         Aurobindo to launch 7 products in US this quarter

·         John Deere ups focus on smaller tractors





Business Standard



·         Lafarge India bidders in London for final negotiation

·         H&M India will boost staff strength to 1,000 by year-end

·         Now, Ringing Bells looks to launch LED TV for ~10k

·         Flipkart on consumer focus overdrive, blacklists sellers

·         L&T Infotech says will continue with fresher hiring, but level of scrutiny to go up

·         Essar Projects bags contract for IOC pipeline replacement

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