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Thursday, August 17, 2017

Morning News Headlines




Economic Times



●  Tatas to scrap all ties with Mistry's group, putting huge money at risk

●  Infosys board to consider share buyback on August 19

●  Cabinet approves CGST refund scheme

●  Cabinet clears India, Sweden MoU signing on IPR

●  Cairn moves court against capital gains tax order

●  Tata Motors now eyeing India's EV market: Rajan

●  Wipro to manage Bangladesh telecom firm's IT services

●  Trai proposes changes in MNP rules to curb request rejection



Business Standard


●  Cabinet approves new mechanism to quicken strategic disinvestment

●  Sebi eases rules for lenders buying stake in distressed companies

●  Govt forms panel to recast National Mineral Policy 2008

●  Centre extends anti-dumping duty on Chinese chemical import by 5 years

●  IDFC PE sells entire 24% stake in Seaways Shipping to promoter

●  Biocon withdraws applications to sell two cancer drugs in Europe



Business Line


●  India-focused offshore funds, ETFs see inflow of $4.6 bn

●  Petronas keen to buy stake in IOC’s LNG terminal

●  Cabinet approves raising ₹9,020 cr for Long Term Irrigation Fund 

●  NSE to introduce seamless corporate announcement filing mechanism

●  States take over Rs. 2.09 lakh cr DISCOM debt

●  Solar power sector may face capex pressure, robust capacity addition 



 Mint


●  Govt moves to disallow more of Reliance-BP-Niko’s KG-D6 cost

●  Aurobindo Pharma, Intas in race for Teva’s European assets

●  Banks pick old, smaller accounts to refer to NCLT

●  RBI to maintain ‘prolonged pause’ before next repo rate cut: HSBC

●  Thyssenkrupp says it has no timeline on Tata Steel joint venture deal

●  42% Indians willing to pay premium for prompt customer service: Report



Financial Express



●  Farmers to get crop loans at subsidised 7 pct, Aadhaar link a must: RBI

●  Warren Buffett bids goodbye to General Electric; dumps all stake in the iconic company

●  Anti-dumping duty likely on a chemical from Canada, China, EU

●  Alibaba to help SMEs expand their business to global markets



 Financial Chronicle



●  Revenue dept's probes source of data on black money: Jaitley

●  Sensex climbs 322 pts as geo-political tensions recede

●  Tata Power's Q1 output recorded at 12.4 bn units






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