Economic Times
Business Standard
Ø US, China seeking to revive trade talks: Trump's advisor
Ø Brexit minister signs order to end EU laws in Britain
Ø Credit demand subdued, economy needs stimulus: SBI
Ø Govt to clarify on FDI policy on digital media
Ø Govt increases oil, gas bidding round to 3 times a yr
Ø Scraps may help India's car makers beat the slump
Ø BOI hoping to recover around Rs 2,500 crore: Official
Ø More than 4 lakh unsold apartments in 9 cites, estimates brokerage firm
Ø Govt plans debt waiver for small distressed borrowers under insolvency law
Ø Moglix to set up industrial distribution centres in 25 major hubs of India
Ø M&M lays off 1,500 temporary workers, seeks govt stimulus for industry
Ø Maruti seeks GST benefit for hybrid, CNG cars to promote green mobility
Business Line
Mint
Ø Ministry keeps new CSR amendments on hold
Ø Economic ties between India and China will continue to grow, finds CII survey
Ø Coffee Day Enterprises debt at Rs 4,970 crore Ø Cipla shareholders approve raising up to Rs 3,000 crore
Ø CBI raids Moser Baer office, directors’ premises
Ø Kharif sowing improves on widespread rain
Ø Traders body calls for boycott of Chinese goods, seeks up to 500% import duty
Ø ‘NBFCs will get recapitalized, banks will get more prudent with lending’
Ø SBI extends repayment period for stressed automobile dealers by 15-30 days
Ø Confident of coming out of RBI's PCA framework by March next year: UCO Bank CMD
Ø Power gencos' outstanding dues from discoms rise by 30% to ₹46k crore in June
Financial Express
Deccan Chronicle
Ø SBI expects 12-14% credit growth this fiscal, says Chairman Rajnish Kumar
Ø Tech Mahindra divests 73.38% stake in subsidiary to US-based Resolve Systems for $2 million
Ø Government sets up committee to rationalise additional taxes on Air Turbine Fuel
Ø India's holding of US govt securities jumps to USD 162.7 bln
Ø FPIs pull out Rs 8,319 cr in Aug amid persisting negative sentiment
Ø NCLAT spikes banks’ plea against MBL resolution
Ø Nine of top-10 firms lose Rs 84,354 cr in market valuation Economic Times
Business Standard
Ø Indian Oil Corporation to invest Rs 25,000 cr in green energy
Ø Agri, rural labour CPI base year to be revised
Ø Sebi brings in stricter norms on disclosure lapses
Ø FM says corporate tax for companies to be cut gradually
Ø SC gives DoT a boost in RCom one time spectrum fee case
Ø NTPC plans 5,000-mw ultra-mega solar plant in Kutch
Ø DHFL defaults on Rs 1,571 crore bond payments
Ø FinMin considers stress fund for infra sectors: Urban Affairs Secretary
Ø Voda Idea, Airtel lose over 4 mn users in June; Jio and BSNL gain: Trai
Ø Credit rating agencies, auditors on ED radar in IL&FS charge sheet
Ø Govt removes debenture reserve requirement for HFCs, NBFCs, listed firms
Ø Adani Group likely to acquire 72% stake in Andhra's Krishnapatnam Port
Business Line
Mint
Ø Import of 30,000 tonnes of crude soya oil from Paraguay notified
Ø KEC bags Rs 845-cr orders from NCRTC, Kochi Metro
Ø PTC inks pact for 720 MW Mangdechhu plant in Bhutan Ø Minor landslide affects MRPL’s operations
Ø Morgan Stanley re-rates Reliance Ind stock to ‘over-weight’, post AGM moves
Ø CCI puts in place green channel route for M&A approvals
Ø RIL's Aramco deal to lower its FY21 earning by 9%: report
Ø US economists expect recession in the next 2 years
Ø Govt may consider amendments in RERA to make it more effective: Govt official
Ø DHFL parent WGC sells its loan distribution biz to Metdist Group
Financial Express
Deccan Chronicle
Ø Foodgrains production almost flat at 284.95 MT in 2018-19, says Government data
Ø RIL again becomes most valued firm by market valuation
Ø China lost 20 lakhs jobs in short period of time, says US President Donald Trump
Ø Coal ministry panel approves fuel supply to Tamil Nadu power plants
Ø Rupee plunges to over 6-month low of 71.43; skids 29 paise
Ø Passenger vehicle retail sales fall 11 pc in July: FADA
Ø Time has come for banks to link loans, deposits to repo rate: RBI Gov Das
Ø PE-VC investment in India zooms to all-time high of USD 8.3 bn in July: Report Economic Times
Business Standard
Ø Ambani's $4-bn natural gas plan is facing a problem of plenty
Ø Reserve Bank allows e-mandates on cards
Ø Sebi okays Rs 1 cr reward for corporate whistle blowers
Ø Data usage revenue jumps to 54,671 crore in 2018: Trai
Ø China slowdown to hit banks in Asian market: Fitch
Ø Changes in STT on Options from September 1
Ø EPFO appoints UTI AMC, SBI MF as fund managers
Ø From simplified KYC process to re-categorisation, Sebi eases norms for FPIs
Ø Need to examine issues on 35% minimum public shareholding plan: Sebi chief
Ø Sebi mandates full disclosure on loan defaults with rating agencies
Ø Rupee can depreciate another 4% against the USD by 2019-end
Ø Regulatory worries, price erosion may pull down Dr Reddy's US revenues
Business Line
Mint
Ø Centre to amend MMDR Act to expedite coal exploration
Ø Nippon Life Insurance increases stake in RNAM to 54%
Ø Centre keeps cancellation of NMDC’s Donimalai mining lease in abeyance Ø Zydus Cadila gets USFDA nod to market generic chronic angina drug
Ø Supreme Court issues notice to DLF, SEBI on non-disclosure of key information in QIP
Ø Fixing weak growth is highest priority: RBI MPC minutes
Ø Sebi eases rules for ‘muni bonds’ to help smart cities raise funds
Ø JPMorgan is shutting down its Chase Pay app
Ø INX Media case: P. Chidambaram to be produced in court, will plead for bail
Ø Sebi reverses previous decision prohibiting debt MFs to invest in unlisted NCDs
Financial Express
Deccan Chronicle
Ø Not in race to pick stake in Coffee Day Enterprises: ITC
Ø RTGS system for customer transactions to open at 7 am from August 26: RBI
Ø Sebi will look into details gathered on CG Power, says Ajai Tyagi
Ø Second leg of ideation exercise for PSU banks to begin from Thursday
Ø Rupee recovers 16 paise to close at 71.55 a dollar
Ø Gold hits new high of Rs 38,820; silver jumps Rs 1,140
Ø India Inc reports lower revenue, profit growth in Q1: Report
Ø Sensex tumbles 268 points; Tata Motors tanks 9 per cent
Ø SBI plans to establish nearly 10 lakh YONO Cash Points Economic Times
Business Standard
Ø Sebi board mulls tighter checks on rating agencies
Ø Sebi to consider easier rules for buybacks, reward for informants
Ø NCLAT refuses relief to Deloitte, BSR Associates
Ø COAI urges cut in USO fee to 3%, licence fee to 4%
Ø Govt allows airlines to use Jet slots till end Dec
Ø NCLT admits Insolvency resolution plea against HDIL
Ø Economists estimate GDP growth of 5.5-5.6% in Q1 FY20 amid slowdown
Ø Bharti Airtel may not buy 5G spectrum and 'expensive' 700 MHz airwaves
Ø IL&FS board seeks NCLT nod to sell wind assets to Orix Corp for Rs 4,800 cr
Ø Karnataka govt cancels NMDC lease for Donimalai mine, opts for auction
Ø EY sets 18-month timeline for merger of three insurance companies
Business Line
Mint
Ø CG Power reports huge financial fraud
Ø Dr Reddy’s gets 8 observations from USFDA for its Duvvada facility
Ø Emami Agrotech plans Rs 700-cr cap-ex over next 12 months
Ø Floods, landslides lay waste areca plantations on 1,900 acres
Ø IndiGrid eyes power transmission assets worth Rs 8,000 cr
Ø Govt cancels coal block jointly allocated to NTPC, JKSPDC
Ø Compliance culture of Indian banks unsatisfactory: RBI deputy governor
Ø Apple to pump in $6 billion to compete with Amazon, Netflix
Ø TCS surpasses RIL to reclaim most valued firm by market capitalisation
Financial Express
Deccan Chronicle
Ø Lenders may be forced to convert Rs 4,00,000 crore of their DHFL debt into equity: Union Bank
Ø Jaiprakash Associates to appeal against CCI order
Ø GAIL to invest Rs 45,000 crore in expansion of pipelines, city gas network
Ø Rupee hits fresh 6-month low of 71.71; dives 28 paise
Ø Gold touches fresh all-time high of Rs 38,770 on jewellers' buying
Ø Crude oil futures up on positive cues
Ø Hyundai to put in Rs 7,000 crore Economic Times
Business Standard
Ø India's consumer confidence drops in August: Report
Ø Airtel fastest mobile broadband network, Jio now slowest
Ø Startups with turnover up to Rs 25 cr to get tax break
Ø Gadkari eyes Rs 10L crore revenue from Bharatcraft
Ø Labour code on mandatory minimum wages notified
Ø CAIT seeks extension of last date to file GST return
Ø Trump talks up economy, talks down Fed amid mixed data
Ø EPFO to allocate equity investments equally in Nifty and Sensex firms
Ø Extraordinary steps needed to deal with financial sector stress : NITI V-C
Ø FPI norm easing: Big bucks from cash-flush West Asia banks likely
Ø Govt files IPO document for IRCTC with Sebi, plans to offload 12% stake
Ø US deficit to hit $960 bn in 2019, top $1 tr in 2020: Report
Ø Lupin divests its Japanese injectables business to Abu Dhabi company
Business Line
Mint
Ø Super-rich surcharge leaves financial sector poorer as FPIs pull out ₹6,700 cr
Ø Brazil, Vietnam tighten grip over coffee market
Ø Pharma body wants certainty, predictability in price-control mechanism
Ø Stimulus to industry creates moral hazard, says CEA
Ø Depositors’ law not applicable to NSEL: Bombay High Court Ø Gillette India Q4 net up 32 per cent at ₹46 cr
Ø Airtel has strong balance sheet: Goldman Sachs
Ø Domestic air traffic growth falls to five-year low in January-July 2019
Ø DLF denies charge of non-disclosure of key information in QIP
Ø Businesses get four months to settle pre-GST tax disputes
Ø NTPC gets shareholders' nod to raise up to Rs15,000 crore via bonds
Financial Express
Deccan Chronicle
Ø India-Peru: Fifth round of Trade Negotiations held in New Delhi
Ø Nepal, India review bilateral ties with special focus on connectivity, economic partnership
Ø BRICS bank looks to tap into Indian Rupee offshore market
Ø MCA issues clarification on firms’ merger date
Ø Rupee crashes to over 8-mth low of 71.81 against USD
Ø Sensex sinks 587 points; Yes Bank nosedives 14 per cent
Ø Gold continues bull run, nears Rs 39,000 mark
Ø India's petrol imports in July hit highest in at least eight years