Morning Business News Round Up_June 27,2016

Morning Business News :

  • Fairfax Financial Holdings seeks RBI approval for 10% stake in Kerala’s Catholic Syrian Bank
  • Banks set to lobby RBI for liberal loan recast norms
  • Coal India asks subsidiary Central Coalfields Limited to clarify share valuation norm
  • Russia’s giant Vankor oilfield reaches peak production level: ONGC
  • Indian Motorcycle eyes volume ramp-up with ‘Scout 60’
  • Maruti Suzuki’s compact SUV Vitara Brezza, Toyota’s Innova make it to top passenger vehicle list in May
  • Asian Paints to invest Rs 4,000 crore in new units at Karnataka, AP
  • Dr Lal PathLabs eyeing 18 per cent growth in FY17
  • Suzlon commissions 4.2 MW wind project in Gujarat
  • Dani Enterprises raises Rs. 150 cr via NCDs
  • CII, Hind Unilever join hands for food safety
  • Videocon goes for asset sale to tide over debt levels
  • Bank mergers likely to happen after SBI consolidation, says finance ministry official
  • TVS Electronics expects POS business to grow at 12-15%
  • V-Guard looks at powerless homes in UP, Eastern India for its solar solution
  • Aban’s subsidiary bags order worth Rs 592 crore from ONGC
  • Essar Energy sells 50% stake in KPRL to Kenyan Government
  • Brexit impact: Indian tea export realisation from UK to fall 7-8%
  • BSNL to install 2,000 new mobile towers in Chhattisgarh
  • Bajaj Finserv likely to buy out Allianz’s stake in insurance joint ventures
  • Sebi set to allow e-commerce firms to sell mutual funds

  • Titan is slowly reinventing itself to keep up with the times
  • IIFL looks to raise Rs750 crore realty debt fund
  • Mahindra and Mahindra bounce back may be priced in
  • Bank of Baroda will sell non-core assets gradually: chairman Ravi Venkatesan
  • Rapid growth of MFIs’ gross loan portfolio sets alarm bells ringing
  • Bajaj Finserv likely to buy out Allianz’s stake in insurance joint ventures
  • Mahanagar Gas IPO does not move the needle much for GAIL

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