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Thursday, August 24, 2017

Morning News Headlines





Economic Times


●  Man behind UID wooed to settle unique Infosys row

●  Consumption, agriculture may help in 6.5% Q1 growth

●  Chinese co Transsion eyes top slots in Indian mkt

● RBI gets govt's go-ahead to print Rs 200 notes 

●  Fund managers pitch for Nandan Nilekani's return to 
Infy

●  RBI to harmonise NBFC regulations: Dy Guv


Business Standard 


●  Sebi to conduct fresh probe into Infosys-Panaya deal

● Cabinet fast tracks merger of PSU banks

●  NCLT initiates insolvency proceedings against Orchid Pharma

●  Rain deficit widens to 6%, raises crop yield concerns: IMD

●  MSTC to launch forward trading in niche horticulture products

●  British banks set to close record 762 branches in 2017


Business Line


●  India Inc overseas direct investment plunges 47% to $1.77 bn 

●  20 lakh businesses have paid GST so far: GSTN Chairman 

●  Closure of loss-making Bharat Wagon approved

●  RCap announces Rs. 300-cr employee stock option scheme

●  DLF board meet on Aug 25 to decide on stake sale in rental arm

●  India is 3rd-largest importer of Vietnam pepper

Mint

●  Rel Jio Phone pre-booking to start from today for Rs 500

●  Infosys board under fire for scathing note against Narayana Murthy

●  Record forex reserves become costly cash pile for RBI

●  Govt’s proposed pharma marketing rules hit legal roadblock

●  Reliance Industries to increase naphtha exports by 500,000 tonnes in 2017-18

●  India grants Pfizer patent for pneumonia vaccine



Financial Express


●  Tata Steel, Posco express interest in buying Essar Steel

●  Wage hikes in China bring some jobs and factories back to Japan

●  GST could increase cost benefits by 5% in 3 years: Retailers

●  IT Department open to reducing withholding tax for companies

●  Raghuram Rajan pens book on RBI stint in ‘turbulent times’


Financial Chronicle


●  Google and Walmart unveil e-commerce partnership

●  Coke, Pepsi agree to cap sugar in drinks in Singapore

●  Essar Oil shareholders to get equal price

●  RIL switches to ethane to boost profit

●  Indian-origin Guptas sell mining unit Tegeta for 2.97 billion rand










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