{LONGTERMINVESTORS} News Briefing

 

Economic Times

Ø  SBI and ICICI Bank "too big to fail" for second year in a row
Ø  RBI asks banks to strictly comply with crop insurance scheme
Ø  Russia becomes top wheat exporter to the world
Ø  Govt to transfer PMAY funds directly to beneficiaries
Ø  Liquidity shifting from EU to EM: Ridham Desai 
Ø  Jio extends free trial offer to Gionee, Karbonn owners
Ø  BoB's total business takes Rs 90,000-cr hit in FY16

Business Standard

 Ø  RBI allows banks to raise Masala bonds, opens up currency market
Ø  Decks cleared to shut down 7 PSUs
Ø  Ajay Piramal, Venu Srinivasan join Tata Sons' board
Ø  SBI, ICICI continue to be systemically important: RBI
Ø  IDBI Bank opts for AT-1 bonds to raise Rs 1,500 cr
Ø  Insurers to file compliance to investment norms from Mar2017
Ø  Bloomberg acquires Barclays Risk Analytics

Business Line

Ø  HDFC to issue NCDs worth Rs. 500 cr on Friday
Ø  IOC to consider bonus shares issue
Ø  Natco Pharma gets EIR from USFDA for Chennai facility 
Ø  ITC sues Britannia for allegedly copying biscuit packaging style
Ø  Welspun to appoint external auditor to look into alleged supply lapses
Ø  Gems, jewellery exports up 12% in April-July 

Mint

Ø  RBI says large firms have to pay more for bank loans, starting FY18
Ø  Kingfisher Airlines brands fail to find buyers for the second time
Ø  Brokerages lower growth outlook for IT sector
Ø  Asia-Pacific beats North America in fintech investment: report
Ø  Uber is said to lose at least $1.2 billion in first half of 2016
Ø  Power, port assets to be included in Essar-Rosneft deal

Financial Express

Ø  Sensex slips 224 points on F&O expiry, Nifty settles below 8,600;
Ø  Vodafone India to delay IPO filing until towards end-2016 - IFR
Ø  EMA accepts Mylan, Biocon Trastuzumab biosimilar for review
Ø  IndiGo seeks shareholder nod to up borrowing cap to Rs 20k cr
Ø  Patanjali becomes 3rd largest FMCG seller at Future Retail

Financial Chronicle

Ø  Back to licence raj, stock limit on sugar mills likely
Ø  MFs asset base from B15 cities up 19% to Rs 2L cr
Ø  IOC to invest Rs 650 cr in Tripura, send tankers via Bangladesh
Ø  India attracts $339 million fintech investments
Ø  Fed eyes public spending to plug $1t investment gap
Ø  Pfizer to buy antibiotics business from AstraZeneca

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