Economic Times
● Trai to start consultation process on data ownership
● Commercial realty buyer can drag co to bankruptcy court
● Telcos failed to meet consumer satisfaction: Trai
● I-T dept detects Rs 13,715 crore undisclosed income
● Govt spending rises 27% to Rs 6.5L cr in Q1 FY18: FM
● Normal rainfall in second half of monsoon season: IMD
● Over 1.62 lakh companies deregistered till July 12: Govt
Business Standard
● Sebi whip on trading in 331 'shell companies' blocks investors' Rs 9,000 cr
● CAG raps BHEL for being obsolete and inefficient
● HDFC Bank looks at refinancing to build corporate loan book
● Defence ministry nod to ease Tata Steel's Subarnarekha port acquisition
● Pawan Hans employee union urges PMO to merge company with ONGC
● NCLT reserves order in Era Infra case over pending petitions in Delhi HC
Business Line
● Chandrasekaran defends Corus buyout
● Idea Cellular files merger application before NCLT
● Axis Bank cuts savings account interest rate by 50 bps
● Titan partners with Amazon to foray into US market
● NTPC will not acquire any stressed assets: Piyush Goyal
● Tata Motors global sales grow 12% in July
Mint
● Tata Steel’s outlook pinned on China’s appetite for steel
● RIL said to plan refinancing as $12 billion debt matures
● PNB puts 9 large stressed accounts under insolvency and bankruptcy resolution
● Abbott India Q1 profit down 35% at Rs48 crore
● Future Retail Q1 profit more than doubles to Rs147.85 cr
● Britannia Q1 profit falls 1.4% to Rs216 crore on GST impact
Financial Express
● Big names figure among shell firm list; Companies deny tag
● Tata Chemicals Q1 profit down 53% at Rs 298 crore
● Govt plans to allow extra 200,000 tonnes duty-free sugar imports: Source
● Businesses can file returns, pay taxes for July on GST Network portal
Financial Chronicle
● Sensex sinks 260 pts, Nifty ends below 10k on Sebi order
● Online travel agents liable to deduct TCS under GST: CBEC
● Bajaj Auto, Triumph announce global partnership
● Govt may shift to fixed subsidy for PDS kerosene, LPG cylinders
Source: Economic Times, Business Standard, Business Line, Mint, Financial Express & Financial Chronicle
More will update soon!!
