Morning Business News Round Up_July 05,2016

Morning Business News :

  • Telcos may spend Rs 1 L-cr on spectrum in next auction
  • Dabur set to roll out fruit-based fizzy drinks
  • Tata Teleservices may shut CDMA operations in 850 Mhz band
  • Flipkart mulls big changes to its flagship sales event ‘Big Billion Day’

  • New residential project launches at three-year low
  • Bank of Baroda steps up lateral hiring under new chief executive PS Jayakumar
  • IOC refuses stake sale offer in Nagarjuna Oil project
  • Poly Medicure to invest ₹60 cr in new facility in Haryana
  • UltraTech to pay ₹289 crore more for JP Associates’ cement units
  • Global auto parts major ZF plans bigger play, new R&D unit in India
  • Ramco Cements gets green nod to expand power plant in TN
  • NMDC slashes high grade iron ore prices by 5.5%
  • Hero MotoCorp inks 3-year wage pact with Gurgaon workers
  • Allcargo Logistics announces Adarsh Hegde as joint MD
  • Non-urea fertiliser prices slashed by up to ₹5,000/t
  • TeamLease acquires local rival ASAP Info Systems, enters IT staffing
  • Tata Sons to pump Rs 3k cr into Tata Teleservices
  • Tyre industry petitions against imports from China
  • L&T to launch 5-yr plan, likely to focus on services business
  • Haryana pushes the envelope to go beyond Gurgaon-Manesar
  • Jaypee salvages UltraTech cement deal, loses control of Jaiprakash Associates
  • ICICI Bank sells Essar Steel loan exposure to Edelweiss ARC
  • Mukesh Bansal, Ankit Nagori raise $15 million for start-up CureFit
  • L&T Infotech aims to double revenue, profit in four years
  • After Tiago success, Tata Motors fast tracks work on micro SUV
  • 1mg Technologies acquires diagnostic labs aggregator Medd
  • JSW Cement, Nirma among bidders for Lafarge assets

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