16 July: News Roundup

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Business Standard

Ø  LIC board to meet today to finalise IDBI's stake buy

Ø  Deccan Chronicle may be headed for liquidation

Ø  India tells Russia to go ahead with FGFA project

Ø  Expect low acceptance ratio in HCL buyback: CLSA

Ø  Tata, Mahindra top R&D spenders in auto industry

Ø  Reliance Jio says not importing 4G feature phones

Ø  Coal auction: Business-friendly reforms on cards



Ø  India becomes regional head of Asia Pacific at World Customs Organisation

Ø  Farm loan waivers and not real income growth is driving rural demand

Ø  PNB's bad loan recovery of over Rs 77 bn in first quarter tops FY18 level

Ø  Fintech startup IndiaLends targets disbursing Rs 10 billion loans in FY19

Ø  Govt should analyse why Air India stake sale process failed: IATA chief

Business Line



Min

Ø  FDI in services sector slumps 23% in 2017-18

Ø  Nabard working on ways to boost funding for farmer producer organisations

Ø  ACME bags another 600 MW at ₹2.44 a unit in SECI’s latest auction

Ø  Global corporate funding in solar sector at $5.3bn till June

Ø  Passenger vehicles export from India dips 7.37% in Q1

Ø  Dalal Street ready for Rs 14,000-cr IPOs



Ø  Bhushan Steel appoints Tata Steel’s T.V. Narendran as chairman

Ø  Sebi proposes tighter rules for auditors, valuers

Ø  Dr Reddy’s to appeal US Court’s decision on sale of generic Suboxone film

Ø  Lodha Developers may launch IPO this month to raise ₹ 5,500 crore

Financial Express



Finncial Chronicle

Ø  Google might face record fine in Android monopoly case

Ø  Coal India expects 322 million tonne from ongoing projects in FY19

Ø  Automobile firms plan over Rs 60,000 crore capex by FY20




Ø  Office assets witness inflow of `57,300 cr since 2011

Ø  PE investments in real estate see a quantum jump

Ø  Gold imports to India fell sharply in first quarter

Ø  China set to play key role in metals markets

Ø  Fertiliser prices forecast to rise by 2% in 2018