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 .