Economic Times Headlines (7th August, 2015)

Economic Times Headlines (7th August, 2015)

Ø  Fin ministry to seek cabinet nod for monetary policy panel
Ø  Govt working on new coal scheme to aid sick discoms
Ø  Sebi seeks to step up scrutiny of offshore wealth managers: Sources
Ø  China has spent $147 bn to prop up stocks: Goldman
Ø  Govt approves proposal to divest NTPC, NHPC stake
Ø  Govt to set up special notified zone for diamond trade
Ø  Crisil downgrades Vedanta by one notch to 'AA'
Ø  Commerce Ministry allows bulk export of rice bran oil

Business Standard

Ø  Private players cry foul over 'unfair' project allotment to BHEL
Ø  EPFO makes stock market debut through SBI MF
Ø  Reserving mines for OMC to hurt mineral development: Experts
Ø  Airtel launches 4G services nationally ahead of Jio
Ø  ADAG, Maharashtra govt set for a showdown over Mumbai Metro
Ø  Odisha govt to engage SBI Caps, MSTC for mine auctions
Ø  Srei Infra plans to scale up acquisition of stressed infra projects

Business Line

Ø  NSE lists SBI MF’s Nifty ETF for trade
Ø  Mozambique eager to build cooperation in agriculture, infrastructure
Ø  Lok Sabha passes Negotiable Instruments (amendment) Bill
Ø  RBS raises $3.1 billion through issue of contingent convertible bonds
Ø  Another blow for Adani in Australia as bank ends adviser role
Ø  Motherson Sumi net profit jumps 62%

Mint

Ø  Aviva Investors opposes Vedanta takeover bid for Cairn India
Ø  Oil trades close to multi-month lows, Brent below $50
Ø  US Fed rate hike in sight, but bond markets are quiet
Ø  Dr. Reddy’s plans more R&D alliances with foreign firms
Ø  Jharkhand govt stalls Tata Steel’s iron ore disptaches from Noamundi mine
Ø  Practo raises $90 million from China’s Tencent, others

Financial Express

Ø  Nomura pegs GDP growth at 8% in FY16; Sensex at 33,500 by December
Ø  India defers FTA talks after EU bans 700 pharma products of GVK Bio
Ø  FIIs trim stake in 41 Nifty stocks
Ø  Jet Airways chairman pitches for reducing aviation fuel prices
Ø  SRF Records 22% Jump in Consolidated PAT at Rs.113 Crore
Ø  Rolta bags $15 mn smartcity project in Middle East

Financial Chronicle

Ø  Govt mulls surplus sugar export via barter trade
Ø  Aviva to hike stake to 49 pc in Indian insurance JV
Ø  Govt capital infusion in PSBs credit positive: Moody's
Ø  IRDAI to announce bancassurance norms in three weeks
Ø  Bajaj Electricals net rises over three-fold at Rs 20.34 crore
Ø  Tata Global Beverages reports lower profit