21 July 2017 Business News Snapshot


Economic Times

Business Standard

Ø  'Power plants without registration no. can't sell to grid'

Ø  RIL picks up 25% in Balaji Telefilms for Rs 413 cr

Ø  Reliance Jio launches Rs 20,000 crore rights issue

Ø  Close to finalising a promising alliance: Bajaj Auto

Ø  NSE files application with Sebi on co-location issue

Ø  Cement demand growth likely to recover by 5%

Ø  PwC to acquire M&A tax team of BMR Advisors

Ø  RIL Q1 profit up 8.6% at Rs 8,196 cr; GRM at $11.9 per bbl

Ø  Volumes challenging in India due to GST, says Unilever

Ø  Videocon Telecom forays into eKYC business, eyes Rs 100 crore in 2 years

Ø  Sebi might cut listing time to 3 days from IPO, against 6 days at present

Ø  European Central Bank keeps easy money stance despite better growth

Ø  ONGC board yet to decide how to fund HPCL stake buy


Mint

Ø  ADB sees improved growth prospects for Developing Asia

Ø  Justdial board to take up share buyback next week

Ø  Royal Enfield to boost motorcycle capacity to 8.25 lakh units

Ø  Eros Worldwide sells 3.61% stake in Eros International

Ø  Rakesh Jhunjhunwala buys 1.3% stake in Jubilant Life Sci.

Ø  Sugar rules flat on routine demand and supply

Ø  LIC may hike stock market investments to Rs4 tr in 2017-18

Ø  ABG Shipyard agrees to insolvency proceedings

Ø  JSW Group keen on acquiring troubled steel firms: P Jindal

Ø  Tata sounds out government on Air India disinvestment

Ø  Arun Jaitley to launch pension scheme with 8% fixed rate

Ø  RBL Bank Q1 net rises 45% to Rs141cr on interest income


Financial Chronicle

Ø  IMF urges Mozambique to address debt audit concerns

Ø  Coal bearing states get Rs 3,653 crores from mines allocation

Ø  Rajya Sabha MPs concerned over anti-GST protests by textile industry

Ø  Trai in undue haste to decide on IUC: COAI

Ø  Airtel, Vodafone say rural telecom to suffer at nil IUC, Jio differs

Ø  Bajaj-KTM finalising deal to buy out Ducati

Ø  Govt to launch pension plan with 8% fixed rate

Ø  Wipro announces Rs 11,000-crore share buyback

Ø  Metals shine on rising Chinese demand
By: via Everything CA

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