{LONGTERMINVESTORS} News Briefings

 

Economic Times

Ø  Bad loan surgery could kill promoter zeal: Banks
Ø  Bucking trend: JP Morgan, biggest US lender, to expand in India
Ø  Fiscal deficit at nearly 43% of budgeted target in May
Ø  Brexit uncertainty a top risk to global economy: IMF
Ø  June ends with rainfall deficiency of 11 per cent
Ø  ArcelorMittal submit offer to buy Italy's Ilva steel plant
Ø  US regulators probe SoftBank over misconduct claims

Business Standard

Ø  Indian solar energy to get $1 bn from World Bank
Ø  PE investments drop 16% in June quarter to $3.6 bn
Ø  Three-year term is short for RBI Governor: Rajan
Ø  Indian money in Swiss banks dips 33% to Rs 8,392 cr
Ø  Ruias plan to sell another 25% stake in Essar Oil
Ø  India's external debt increases on FCNR (B) deposits
Ø  China accuses US of ignoring facts over India's NSG bid

Business Line

Ø  Infrastructure growth slips to 5-month low at 2.8% in May
Ø   WB, ISA sign agreement for collaboration in solar energy
Ø  L&T Infotech on the lookout for strategic buys in Europe
Ø  Japan regulator approves Canon deal to buy Toshiba unit
Ø  Rajan a 'great' central bank governor: World Bank President
Ø  Alembic Pharma plants successfully inspected by USFDA

Mint

Ø  RBI eases rules for external commercial borrowings
Ø  Rupee closes at one-week high against US dollar at 67.53
Ø  Jet Airways in talks with banks for $180 million loan: report
Ø  Torrent Pharma to buy Glochem manufacturing unit
Ø  Quess Corp IPO subscribed 3.39 times on Day 2
Ø  Essar eyes sale of Vadinar refinery in Gujarat: report

Financial Express

Ø   Petrol price cut by 89 paise a litre, diesel by 49 paise a litre
Ø  Modi govt to name Raghuram Rajan's successor by July 15
Ø  Essar turns around sick steel unit acquired from Ajmera
Ø  Sebi bars six firms, lets off one in SCORES case
Ø  GERC's proposal will slow down wind capacity addition: Ind-Ra

Financial Chronicle

Ø  Rajan meets FM as RBI, govt seek to put MPC in place
Ø  CBDT notifies foreign tax credit rules
Ø  Credit Suisse may raise stake in Chinese joint venture
Ø  North America leaders mount strong defense of trade
Ø  Japan plans July fighter jet tender seen worth $40b 

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