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Wednesday, August 23, 2017

Morning News Headlines




Economic Times



●  Tower cos can cut energy cost by 40% using green tech

●  Idea seeks DoT’s nod for merger with Vodafone

●  Infy board blaming Murthy to hide own failure: Ex-CFO

●  Tax dispute: Delhi HC halts 2nd arbitration by Vodafone

●  Murthy to address investors to take on board 

●  TaMo took unanimous decision to stop Nano: Mistry

●  UC Browser under govt scanner over data leaks



Business Standard



●  GMR lines up Rs 16,000 crore for Delhi airport upgrade

●  Essar Oil deal done, hurdles stay for group's steel, power firms

●  RBI hikes foreign investment limit in Eris Life to 49% from existing 24%

●  Apex Frozen Foods IPO subscribed 40% on first day

●  Qatar deposits $7 billion in July to offset crisis outflows

●  Enforcement Directorate mulls selling Mallya's shares in UB



Business Line



●  FSSAI plans food safety index to measure performance of States 

●  Keeping a watch on Infosys share price: SEBI Chairman

●  Ashok Leyland, IIT Madras sign MoU 

●  LIC Housing Finance looking to boost lending to affordable home segment 3

●  Poland's Medicover AB picks up 22% stake in Maxcure Hospitals

●  Eros Worldwide offloads 1.17 cr EIML shares to pay debt



Mint



●  RBI moves forward to battle rupee flood

●  Govt eases environmental clearance rules for solar power projects

●  Around 100 brokers under lens for helping shell companies

●  Essar Oil minority shareholders to earn more on shares tendered during 2015 delisting

●  DCM Shriram Industries Q1 net profit at Rs32.58 crore

●  PM Narendra Modi tells CEOs to help boost agricultural economy



Financial Express



●  India’s foreign reserves at record high: DBS

●  IRL impact: Hindustan Copper Ltd decides no more exclusive foreign partners

●  L&T to sell some non-core businesses to become more nimble

●  Micro-finance institutions’ loan portfolio increases 26 pc in Q1 to Rs 35,000 cr



Financial Chronicle



●  Bank strike impacts Rs 22,000 cr business, some ATMs go dry

●  RIL mulls entry into power storage business with BP

●  Name & shame default strategy stepped up as NPAs mount






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