The Headlines


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CEA panel may favour recast of FTAs to boost exports

·         Sebi mulls artificial barriers to algorithmic trading to ensure level playing field

·         CIL offers 2.8 million tonnes of coal via e-auction

·         Tackling bad loans: Banks can now take equity in debt-laden companies

·         ITC to source quality ingredients adhering to EU standards

·         Microsoft eyes debt to finance LinkedIn buy |

·         Latin America pips Africa to be India’s largest auto export market

·         NTPC sells surplus power on India Energy Exchange; NHPC, NLC to follow

·         ONGC manages to halve exploration cost write-offs

¬∑¬†¬†¬†¬†¬†¬†¬†¬†¬†Welspun Renewable Energy acquisition can hit Tata Power’s metrics: Moody’s

·         Godrej to invest Rs 200 crore for production ramp up

·         Bupa completes acquisition of additional 23% stake in Max JV

·         NPPA issues notices to drug companies over violations of DPCO 2013

·         Committed to close corrective action at Goa by December: Lupin

·         5 Delhi hospitals fined Rs 600 crore for refusing free treatment to poor

·         Government to release Rs 485 crore outstanding subsidy: Deepak Fertiliser

·         Quality control mandatory for all producers: Indian Stainless Steel Development Association

·         Havells India to raise stake in Promptec Renewable Energy Solutions

·         Unitech to pay Rs 48L to buyer with interest of 18% from 2008

·         Government gears up to start LNG barges on Ganga by 2018-end

·         4G could play a bigger role in customer acquisition and retention


Business Line

·         Sony launches Hindi movie channel

·         ABB connects TN solar power project to national grid

·         NLC’s Odisha power plans on hold; to focus on solar, says Chairman

·         Amara Raja Batteries plans capacity expansion

·         Maruti Suzuki to speed up output to make up for shutdown loss

·         Start-ups by former FMCG pros challenge established players

·         PVR earmarks Rs. 250 cr capex this fiscal

·         FIIs / RFPIs can now invest up to 80 per cent under PIS in M/s IIFL Holdings Ltd

·         FPI limit in YES Bank hiked to 74%

·         Sterlite Power files papers for InvITs

·         We hope to hear from SEBI on our IPO: CDSL

·         Retail inflation inches up to 5.76 per cent in May

·         India-Mauritius DTAA: Centre sets up working group

·         GST roll out from April 1 if law passed in next session: Sinha

¬∑¬†¬†¬†¬†¬†¬†¬†¬†¬†PM to hold interactive session with CBDT, CBEC top brass at ‚ÄėGyan Sangam‚Äô

¬∑¬†¬†¬†¬†¬†¬†¬†¬†¬†‚ÄėJapanese firms are worried over transfer pricing issues‚Äô

·         Kerala govt to help sort out Petronet LNG pipeline issue


Business Standard

·         Tax demands increase TCS contingent liability by Rs 4k cr

·         RBI debt lifeline to promoters & banks

¬∑¬†¬†¬†¬†¬†¬†¬†¬†¬†Foxconn looks at Odisha’s Gopalpur for setting up unit

·         Riding on edible oil, Emami targets Rs 30,000-cr turnover

¬∑¬†¬†¬†¬†¬†¬†¬†¬†¬†SBI begins work on framework for subsidiaries’ merger

·         Telangana to lose revenue if SBH merged with SBI: CPI

·         Future Group firm to raise Rs 134 cr from IFC



·         Home-grown brands remain most chosen in India: IMRB Kantar report

·         Emami founders say hospital investment was a big mistake

·         Adani Power’s new plant and expansion plan hit roadblocks


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