Economic Times
● Airtel may sell 3.7% stake in Bharti Infra for Rs 2500 cr
● Bankers review progress of 12 large NPA accounts
● PSU banks write off Rs 2.49 lakh cr of loans in 5 yrs
● Iron ore worth Rs 1,900 cr illegally extracted: CAG
● Eros in talks with Apple to sell its content library
● ONGC to pump $150 mn in Colombia, Kazakh & B'desh
● Note ban, GST make a dent in smartphone shipments
Business Standard
● Irdai directs LIC to reduce stakes in L&T, ITC to 15% by Dec 2018
● Sebi mulls extending derivatives market timing
● GIC Re files for IPO; might raise Rs 6,000 cr
● Tata Steel swings back to profit in Q1 at Rs 921 cr
● Zero tax certification for foreign remittances under I-T lens
● Govt may impose anti-dumping duty of $452 a tonne on certain Chinese tyres
Business Line
● Idea-Vodafone deal gets conditional nod from SEBI, bourses
● SUVs, luxury cars to cost more as GST cess hiked to 25%
● Govt annuls fifth round of coal mines auction on tepid response
● SAT puts off hearing on IRDAI-Sahara Life to August 10
● IRDAI working with govt to create a simple platform for KYC
Mint
● Vodafone-Idea merger gets conditional nod from Sebi, exchanges
● July sovereign gold bonds to start trading from Tuesday
● Global investors line up for stake in Bhushan Steel
● Bank of India to raise up to Rs626 crore via STCI Finance stake sale
● Reliance Jio’s plea on Airtel ads on internet speeds dismissed
Financial Express
● GAIL seeks reworking of US LNG price deal
● Exporters facing difficulties in GST transition period: EEPC
● Air India disinvestment: Government to float request for proposal for merchant bankers
● Securitisation market volume clips past $1.02 trillion in FY17
Financial Chronicle
● RBI appears more tolerant of currency strength
● Trai plans to brush up Net speed testing methodologies
● DeMo effect: ITR filings for 2016-17 grow 25% to 2.82 cr
● Government asks Basmati exporters to conform to EU pesticide standards
Source: Economic Times, Business Standard, Business Line, Mint, Financial Express & Financial Chronicle
More will update soon!!
