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Monday, August 28, 2017

Morning News Headlines

                



Economic Times


●  Sebi may force MFs to merge schemes in same category

●  Abercrombie & Fitch planning to enter Indian market

●  Remove agri from Essential Commodities Act: Niti Aayog

●  Govt notifies changes in Banking Regulation Act

●  RIL, BP to use floating system to produce D6 gas find

●  DLF expects GIC rental arm deal to be concluded by Nov

●  Middle East giant in talks to buy Sahara's US hotels

●  EPFO mulls crediting ETF units to PF accounts



 Business Standard


●  PSU banks take action against 5,954 wilful defaulters to recover Rs 70k cr

●  JSW makes another dash for troubled Italian steel mill

●  Maruti continues to lead PV market; 7 models in top 10 list

●  BSE board approves another 5-year term for Ashish Chauhan as CEO

●  Canadian investors court Bengaluru realtors for tie ups

●  OIL seeks shareholders' approval to raise 7,000 cr through bonds


Business Line


●  Future Group to focus on small stores to build brand presence

●  New norms for solar power bids to enhance transparency: MNRE

●  Growth worries spook FPIs, Aug net equity outflow at $2 bn 

●  Indian Immunological’s herbal product for animals 

●  Heritage Foods sees boost from value added products

●  Foreign ownership in BSE–200 rises by 43 bps to 24.93% in Q1 


 Mint


●  Petrol price up by Rs6 per litre since July, diesel by Rs3.67

●  Vodafone flags concerns over further cut in mobile termination charges

●  Supertech gets green nod for Rs1,130 crore Sports Village project in Greater Noida

●  Sebi questions fundraising on LinkedIn

●  Infosys employees focus on ‘next big idea’, unperturbed by boardroom blues

●  Trai asks Idea to submit Rs3 crore for overcharging subscribers


Financial Express



●  India facing problem of severe under-employment, says Niti Aayog

●  Black money: Swiss panel to discuss info-sharing safeguards with India, others

●  New highway projects worth Rs 1 lakh crore in Rajasthan: Nitin Gadkari

●  Vodafone flags concerns over further cut in MTC


 Financial Chronicle


●  No subsidy for sugar mills to begin crushing early

●  Tata Motors working on alternative plans for Nano: official

●  FC Investigation: 17,000 dubious firms caught laundering in DeMo net

●  Diversified portfolio is the best defence against uncertainty




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