Morning Business News Round Up_August 08,2016

Morning Business News :

  • Discoms shutting off solar power, govt tells CERC
  • GST may not lead to inflation if tax rate is about 18%
  • RBI likely to maintain status quo on Tuesday
  • Niti Aayog suggests closure of eight sick PSUs
  • NHAI eyes Rs 50k cr from bond sale. LIC get on board
  • Logistics sector could save $200 billion annually post GST
  • Govt may cut gas price for producers by 20% in Oct
  • Telcos plan to move court on interconnect charge review
  • India’s inflation target is ‘credit positive’: Moody’s
  • GST Bill to be taken up by Lok Sabha on Monday
  • India defying global slowdown, poised to seize opportunity: FM
  • Dr Reddy’s gets nod to import 15 active ingredients into EU

  • Essar Oil to invest Rs 1,200 cr before sale to Rosneft
  • Minimum pension of retired central govt staff goes up by 157%
  • Development agenda, reforms will ensure new growth path:
  • ‘Task force soon to propose dispute resolution under GST’
  • MRPL targets to expand market for polypropylene
  • Mallya PMLA case: ED to attach assets worth Rs. 6,000 cr
  • ZF Group to set up technology centre in Telangana
  • Cochin Port Trust introduces online berthing system
  • HDFC Life-Max merger ratio likely at 10:24
  • Sebi proposes ways to slow down high frequency trading
  • Income tax department raids Muthoot Capital Services office
  • Vedanta aims to close merger with Cairn India in early 2017
  • PM to lay foundation of Rs10,600 cr Telangana power project
  • Amfi seeks more time for compliance with central server
  • Taco Bell to expand to 12 more Indian cities in next 4 yrs
  • 97% Indian smartphone market captured by Google’s Android in Q2 2016: Reports
  • Delhi Metro to install solar plant atop elevated stabling shed
  • CBI nodal agency for banks to report high value frauds
  • E-policy attractive for its ease of handling
  • Cardamom rates to remain firm till new crop arrives
  • EPFO, LIC decide to invest in NHAI bonds
  • Cognizant’s Q2 revenue up 9.2% at $3.37billi

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