Morning Business News Round Up_July 08,2016

Morning Business News :

  • DoT to issue Rs 12,488 cr notice to Vodafone, Airtel
  • BILT’s $500-mn deal to sell Malaysian arm falls through
  • Largest British trade union warns Tata against ‘fire sale’ of specialty unit
  • PSU Banks remain laggards in selling mutual funds
  • FIPB rejects Flag Telecom’s proposal to set up arm
  • Fed minutes suggest rate hikes on hold until Brexit impact clearer
  • S&P warns of possible downgrade to Australia’s coveted rating, cuts outlook
  • Recovery in sales to continue for India Inc in Q1
  • Reliance Jio debt issue gets record bids
  • BGR Energy bags Rs. 2,300-cr contract from APGENCO
  • Taro CEO Kal Sundaram to return to Sun Pharma
  • Sebi wants better algo trading, more accountable bond rating

  • Reduction in loan rates unlikely despite drop in borrowing costs
  • Vijay Mallya set to appear at F1 press conference on Friday
  • Amazon India invests in six new fulfilment centres
  • Rupee closes stronger against US dollar at 67.40; bond yield at over 3-year low
  • Sensex, Nifty end flat; Lupin, NBCC (India) shares surge
  • L&T wants to be ‘number-one’ in IT biz: A M Naik
  • Govt mulling raising FDI cap in newspapers, periodicals
  • Govt may extend tax payment deadline for black money scheme
  • Modi visit will cement India-SA ties: South Africa FM
  • IMF sees Pakistan’s currency overvalued by 20%
  • EU to probe rise in Russian, Brazilian steel imports
  • India is one of the focus markets for Caterpillar’
  • Two-wheeler industry set to adopt alternate technology

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