{LONGTERMINVESTORS} News Briefings.

 

Economic Times
· RCom looks to cut debt by 75 pc with Aircel, tower deal
· Reliance Industries temporarily shuts PET, PTA units at Dahej on water shortage
· Will supply to Maruti Suzuki from Noida facilities: Subros
· NGT hears pleas of auto industry and Central Government not to ban diesel vehicles, next hearing in July
· Telcos may soon offer calls over Internet like Whatsapp, Skype
· Won't set up stores in India if 30% sourcing rule stays: Apple
· Softbank to sell $7.9 billion of Alibaba shares
· US court rules $24.9 bn Dell buyout underpriced by 22%
· Aurobindo to keep focus on drug launches in US, costs in Europe
· New hospitals to drive growth at Narayana Hrudayalaya
· Won't allow dumping of rejected iron ore in protected areas: Goa Environment Minister Rajendra Arlekar
· Last date for registering jewellers with excise department extended to June 30
· 'Bharti Airtel may not bid for spectrum in the 700 Mhz band'
· Indian Potash reduces MoP price by Rs 50
· Unichem earmarks Rs 200 crore capex for current fiscal
· DLF to sell 32 screens to PVR for revised price of Rs 433 crore 

Business Line
· Maruti to resume operations from Wednesday
· Glenmark to raise $200 m in Singapore bourse
· Toyota secures over 20,000 bookings for InnovaCrysta
· Reliance to offload stake in African oil marketing firm
· Sony Pictures to launch premium English movie channel
· ONGC Videsh inks marketing agreement with SOCAR Trading 

Business Standard
· At 7.6% in FY16, India now fastest growing economy
· GSPC finds a white knight in ONGC
· Petrol price raised by Rs 2.58, diesel costlier by Rs 2.26 per litre
· Core sector growth accelerates to 8.5% in April
· RIL arm sells stake in African fuel retailer Gapco
· Power tariff set to shoot up as Coal India raises prices
 

Mint
· Sebi eases redemption norms for mutual fund investors
· Govt wants cash-rich CPSEs to buy back shares from market
· FDA may inspect one Ranbaxy plant in fiscal 2017: Dilip Shanghvi
· Vodafone, Cairn Energy have 7 months to accept govt's olive branch in tax disputes
· L&T Finance eyes consolidation in bid to improve returns 

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