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Thursday, July 27, 2017

Morning News Headlines





Economic Times


●  Cabinet clears minimum wage code bill

●  US Fed keeps benchmark interest rate unchanged

●  Vedanta to raise up to $1 billion in dollar bonds

●  Govt hikes gold bond investment limit to 4 kg per FY

●  Snapdeal okays for sale of FreeCharge to Axis Bank 

●  Airtel to roll out VoLTE service across India by Mar '18

●  Bhushan Steel, Bhushan Power face insolvency action

●  'Declining telecom income may impact govt's revenue'



 Business Standard


●  Power sector's first InvIT IndiGrid to acquire 4 more projects

●  Nifty cos' share in total m-cap at multi-year low

●  NCLT reserves order on insolvency plea against Essar Steel

●  CBDT issues clarifications for MAT calculation

●  India's crude steel production dips to 7.9 MT in June

●  E-com sites must disclose food expiry date

●  Ficci, EY urge govt to remove roadblocks to PPP model in India


Business Line


●  Niti Aayog hires EY, McKinsey, BCG for time-bound tasks

●  NFL share sale gets oversubscribed by institutional buyers

●  India probing dumping of solar cells from China, Malaysia

●  L&T Finance net soars 49% as advances surge

●  Jaitley tables first batch of supplementary demand for grants for 2017-18


Mint


●  Govt to sell up to 25% stake in NEEPCO, MSTC via IPOs

●  Nestle India profit up 10% in June quarter on higher sales

●  Mphasis Q1 profit slips 6.5% to Rs187.1 crore

●  Fin ministry prepares to bailout debt-ridden telecom firms

●  Tata Motors expands commercial vehicle range in Philippines


Financial Express


●  Indian banks most at risk among South, South-East Asian peers: Poll

●  Capital infusion: From Dena Bank to Uco Bank, 10 PSBs submit turnaround plans

●  Coal to stay king in India as power mainstay, says Niti report

●  Record pledge in 15 days of application: Sebi to depositories


Financial Chronicle


●  Govt reforms push boosts FPI inflows

●   No plans to take over delayed residential projects: govt

●  Strong monsoons reversing India’s 50-year dry spell

●  Airtel to roll out VoLTE service across India by March

●  Domestic MF investors help Nifty scale Mount 10K




Source: Economic Times, Business Standard, Business Line, Mint, Financial Express & Financial Chronicle.








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