{LONGTERMINVESTORS} News Briefings

 

Economic Times

Ø  Budget 2016 may address retrospective tax concerns 
Ø  Rel Communications, Aircel rejig merger plan
Ø  NPAs of pvt banks grow faster than those of PSBs
Ø  First BRICS bank loan to India likely for solar project: Kamath
Ø  DRI unearths over Rs 1,000 crore scam in rice export
Ø  Govt comes out with draft norms for Euro VI emission standard
Ø  Buffett: US economy better than prez hopefuls say

Business Standard

Ø  Centre plans to revive Investment Commission
Ø  HC to pronounce verdict on Trai's tariff order on call drop
Ø  India raises holding of US govt securities by $34 bn
Ø  Vijay Mallya's USL exit: Kingfisher Airlines lenders to move DRT
Ø  Sebi board to discuss reform measures for AIF, start-ups
Ø  Mindtree shareholders approve bonus shares, top brass rejig
Ø  Kiran Mazumdar-Shaw backs move to have separate pharma ministry

Business Line

Ø  Reliance launches sub-Rs 7,000 LYF smartphones
Ø  SEBI clamps down on over 40 illicit fund-pooling schemes
Ø  Panel moots 3rd party certification to reduce the regulatory burden
Ø  UltraTech buys JP group's cement plants for Rs. 17,000 cr 
Ø  Su-Kam sees strong demand for rooftop solar power systems

Mint

Ø  Banks Board Bureau to be set up with Vinod Rai as chairman
Ø  Morgan Stanley fund marks down Flipkart stake value by 27%
Ø  Vedanta wins India's first gold mine auction
Ø  NSE initiates listing plans, forms a listing committee
Ø  Sembcorp launches 2,640 MW power complex in Nellore
Ø  Govt asks RBI to pitch in for bank recapitalisation

Financial Express                

Ø  Implement schemes for farmers, says PM to states
Ø  Global growth prospects clouded, need coherent response: OECD
Ø  Ratan Tata invests an undisclosed amount in home rental startup NestAway
Ø  Indian Hotels divests 1.24% stake in Belmond for $11.96 mn

Financial Chronicle

Ø  FinMin working to remove unwanted discretions in taxation
Ø  Jaitley faces tough task of pleasing farmers, investors
Ø  Indian equity market gives third worst returns for FPIs
Ø  FDI up 40% to $29.44b in Apr-Dec FY16
Ø  M-cap of top six companies takes Rs 41,673-cr hit 

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