Sunday, 28 August 2016

{LONGTERMINVESTORS} News Briefing

 

Economic Times

Ø  India, US eye bilateral trade worth $500 bn: Report
Ø  Aurobindo, Intas in race for $1 billion buyout of Teva UK
Ø  Govt may advance Parliament session to approve GST
Ø  Forex reserves increases to $367 billion
Ø  Crops cover 5 per cent more area than year ago
Ø  SFIO widens Mallya probe; top bankers under scanner
Ø  $1 bn fund in the works for renewables: Piyush Goyal

Business Standard

Ø  Paytm to raise $300 million, valuation pegged at $5 billion
Ø  RBI unions write to MPs, state FMs against PDMA
Ø  Adani Enterprises promoters pledge shares
Ø  REC to seek shareholder nod on September 21 for raising Rs 50,000 crore
Ø  Draft vehicle scrapping policy to be ready in a fortnight
Ø  NBCC share sale: 8 merchant bankers vie to manage the show

Business Line

Ø  Zee Unimedia eyes ad business from other media outlets, too
Ø  To reduce dependence on IPPs, Suzlon to focus on captive customers
Ø  Madhya Bharat Agro to launch IPO on Monday
Ø  ACC poised to ramp up manufacturing capacity with Jamul, Sindri plants
Ø  Centre working to provide farm loans in timely manner: Minister

Mint

Ø  Sebi mulling relaxed norms for REITs, InvITs, start-ups listing
Ø  Trade unions refuse to call off 2 September strike
Ø  Flipkart valuation downgraded by Morgan Stanley 3rd time in 6 months
Ø  Coal India to spend Rs7,765 crore to increase mining capacity
Ø  Tax resolution scheme: CBDT to write to 2.59 lakh taxpayers
Ø  NSE to complete delisting process of 140 companies in two months

Financial Express

Ø  India, US set to sign key logistics agreement
Ø  Power Grid to electrify 1,000 km of rail tracks on pilot basis
Ø  Huawei Reaffirms Commitment to 'Make in India' Vision
Ø  Insurers to file compliance to investment norms form March
Ø  Gold rebounds on jewellers' buying, silver jumps Rs 280/kg

Financial Chronicle

Ø  Policymakers plan for 'brave new world' as Fed nears rate hikes
Ø  Monsanto lobbies with US lawmakers on Indian norms
Ø  Investors have to track share pledging moves
Ø  India no exception to external trends in a global economy
Ø  Govt moots Rs 1.5kcr security fund for solar projects
Ø  Welspun tangle points to quality challenges

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Regards,


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