Morning Business News Round Up_August 01,2016

Morning Business News :

  • Telcos seek uniform GST rate across India, cap at 15%
  • GST stands simplified with govt dropping 1% tax
  • ‘Govt open to deliberating on merger of oil firms’
  • Central KYC to hit new equity, commodity investors from Aug 1
  • ‘Despite growth, our economy can’t give enough jobs’
  • DLF’s rental arm stake sale by Sept, may get 12K cr
  • ‘Global investors likely to be cautious on NIIF investments’
  • Blackstone, GIC rivalry keeps Indian realty pot boiling
  • Petrol price cut by Rs 1.42/litre, diesel by Rs 2.01 a litre
  • India’s holdings of US govt securities falls to $118 bn in May
  • Mallya’s assets to go under hammer for Rs 700 cr
  • Lok Sabha to take up Debt Recovery Bill today
  • Due diligence for merger of Max Life almost complete: HDFC Life
  • SEBI’s first phase of new enterprise portal goes live

  • Exim Bank raises $1 bn from overseas bonds
  • Coal linkages panel asks GVK Power to get fuel via e-auction
  • SEBI cautions public against dealing with PACL assets
  • FPI inflows in equities hits 4-month high of Rs. 12,612 cr in July
  • Delhi HC asks SpiceJet to deposit Rs580 crore in dispute with Kal Airways
  • L&T’s Q1 profit rises 46% to Rs610 crore
  • Tata group’s revenue falls 4.6% on decline in commodity prices
  • Godrej Consumer Q1 net profit more than doubles to Rs244.89 crore
  •  Govt withdraws tender for procuring mid-air refuellers
  • Centre to soon initiate process for making Ethanol from biomass: Nitin Gadkari
  • Industry sees uptick in sales, profitability by December: Survey
  • Pharma sector receives Rs 4,975-crore FDI in FY16: Governmen
  • India to clock GDP growth of 7.5% this fiscal: Deutsche
  • After Qatar, India tries to rework Australia LNG maths
  • Good rains, low crude prices may push RBI to cut rates
  • Production of natural rubber likely to rise 16% in FY17
  • Falling export forces guar farmers to shift to other crops

970x250