Morning Business News Round up_July 31, 2015

Morning Business News:

  • Cag Spots Rs 9,034-Crore Financial Lapses By Psus
  • Govt Notifies Norms For Composite Cap On Fdi
  • Us Economy Posts Solid 2.3 Per Cent Growth Rate In Q2
  • Chinese Economy Facing Issues But Functioning Well
  • Blackstone Sells Stake In Agile Including Tata Unit
  • Dri Detects 470 Cases Of Misuse Of Export Incentives
  • Bofa-Ml Flags Downside Risk To $15 Billion Fpi Inflow Forecast
  • No Govt Nod Needed For 49% Fpi In Most Sectors
  • Moody’s Expects Rbi To Cut Rate To Boost Growth
  • Sebi Probing Ubs On Round-Tripping
  • Rpower Takes Govt To Court On Chhatrasal Coal Block Cancellation
  • Dr Reddy’s Q1 Net Profit Up 14% At Rs 625 Cr
  • ‘82% Of Global Letters Of Credit Transactions Are Flawed’
  • Us Jobless Claims Increase, But Still Near Cycle Lows
  • Good Investment Opportunity In Equities: Sinha
  • Production Stabilising At New Units Of Vizag Steel Plant: Cmd
  • Ioc Wants More Of Cairn’s Rajasthan Oil, But At ‘Good Price’
  • Essar Steel Aims To Be Flipkart Of Building Biz
  • Gold Set For Biggest Slump On Fed Rate Outlook
  • Itc Q1 Net Profit Up 3.6%; Agri Business, Cigarettes Pull Revenue Down By 7%
  • Bnp Paribas To Buy Retail Brokerage Sharekhan For Rs2,200 Crore
  • Foreign Investment In Aifs To Help Start-Ups, Smes, Infrastructure Firms
  • Bank Of Baroda Q1 Profit Drops 23% On Higher Provisioning
  • Oriental Bank Of Commerce Q1 Profit Drops 29%
  • Not Seeking Refinancing Under Rbi’s 5/25 Scheme: Hindalco
  • Cag Spots Rs 9,034-Cr Financial Lapses By Various Psus, Including Ongc, Ntc
  • Cg To Support Smart Grid Deployment In Portugal
  • Jsw Steel Gets Shareholders Nod To Raise Up To Rs 14,000 Cr
  • Tata Starbucks, Kellogg, Mccain Fail To Get Fssai Approval
  • Kingfisher Airlines Caused Rs 290 Cr Loss To Aai, Says Cag

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