Wednesday, 24 August 2016

Economic Times


Business Standard

Ø  Reliance permitted to mortgage Sasan coal block

Ø  Ind-Ra upticks GDP forecast to 7.8%; growth on but not speedy

Ø  Smuggled gold at 1/3rd of India's total demand; $1 bn revenue lost

Ø  Govt mulls banning cash transactions above Rs 3 lakh

Ø  Idea denies report on merger talks with Vodafone

Ø  India in talks with Singapore to amend DTAA provisions: CBDT

Ø  Debt mkt can beat equity in next 12 mths: CLSA 



Ø  Arun Jaitley orders 'immediate action' towards implementation of Bankruptcy Code

Ø  January Budget to bring more efficiency: CBDT

Ø  Piramal, Bain Capital join hands to float a platform for stressed assets

Ø  Protection for steel industry must be temporary: CII President

Ø  Welspun faces Walmart review after Target pulls sheets

Ø  Sebi weighs cash benefit distribution via depositories

Business Line

Ø  India is 7th most wealthiest country with $5,600 bn

Ø  Private-public partnerships, film certification board on PAC’s radar

Ø  BSNL Kerala retains status as most profitable telecom circle

Ø  NSE ropes in Citigroup, Morgan Stanley to handle IPO

Ø  FSSAI to allow import of food for special medical purposes  

Mint

Ø  Smartphone user loyalty is beyond Net Promoter Scores: report

Ø  FIPB clears seven FDI proposals worth Rs290 crore

Ø  Carlyle Group readies bid for Claris’s injectable drugs business

Ø  Aurobindo Pharma Q1 net profit rises 24% to Rs585 crore

Ø  Tata Power Q1 net profit falls 76% to Rs72 crore

Ø  Urjit Patel could take away banks’ $100 billion pacifier

Financial Express               

Ø  NITI Aayog looks to make India hub for commercial arbitration

Ø  DIPAM relaxes conflict of interest clause for SUUTI bankers

Ø  Reliance Jio's full-scale commercial launch likely in December

Ø  RBL Bank's IPO oversubscribed nearly 70 times

Ø  ED registers fresh money laundering case against Vijay Mallya, Kingfisher airlines



Financial Chronicle

Ø  GSTN security clearance key to bill passage: Swamy

Ø  President regrets low institutional credit growth

Ø  Microsoft buys artificial intelligence startup Genee

Ø  Fed under growing pressure to reform system, goals

Ø  Canada’s Couche-Tard to buy CST Brands in $4.4b deal

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