Friday, 16 September 2016

Economic Times



Business Standard

Ø  Ready to take on GST network challenge: Sikka 

Ø  Small & medium industries hold key to revival of exports: Sitharaman 

Ø  Jio seeks action against big telcos for violating MNP

Ø  Rcom-Aircel venture looks to raise $1 bln for expansion

Ø  Green masala bonds, others can fetch Rs 2 lakh crore

Ø  ONGC inks deal to buy extra 11% stake in Russian Vankor fields



Ø  Welspun sued over Egyptian towels, sheets

Ø  Services exports fall 4.6% to $12.78 bn in Jul

Ø  Mallya can seek Emergency Certificate to return to India: MEA

Ø  FPIs holdings in Q1 FY'17 rises to $311 bn: report

Ø  Moody's to review Reliance Communications rating

Ø  Textile package reforms yet to significantly boost jobs, productivity

Business Line

Ø  ‘Central banks can’t sustain negative interest rates forever’

Ø  Ashok Leyland, Hinduja Foundries approve merger plan

Ø  Steel ind seeks extension of MIP, more products under its ambit

Ø  NMDC, MOIL’s Rs. 8,400-cr buyback offers to open on Sept 19

Ø  UNIDO-MNRE project pushes for new solar thermal tech in industries 

Mint

Ø  Rupee devaluation rumours pull currency down to two-week low against US dollar

Ø  SC asks Parsvnath to deposit Rs12 crore with court in four weeks

Ø  Nirma raises Rs4,000 cr debt to fund Lafarge India assets deal

Ø  SBI deposit rates cut by up to 25 bps

Ø  Weaker realisations weigh on CIL

Financial Express               

Ø  Sensex closes 41 points up at 28,412, Nifty settles above 8,740;

Ø  India likely to sign $8.84-bn Rafale deal with France for 36 fighter jets on Sept 23

Ø  Inefficiency in railway cost structure leads to losses: Niti Aayog

Ø  Sugar prices may touch Rs 50 per kg in near-term



Financial Chronicle

Ø  Interest rate cycle bottoming out: Ind-Ra

Ø  India's salary growth at 0.2%, GDP gain of 63.8% since 2008

Ø  Govt expects record foodgrains output this year

Ø  Gold imports dip 77% to $1.11 bn in Aug

Ø  Apollo Tyres eyes to double its TBR segment

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