Economic Times 29th July 2015

29 July 2015

Economic Times

Ø  Trapped in mkt, China's investors plot escape with govt money
Ø  FinMin wants SEBI to consider larger retail role in OFS
Ø  Rajasthan approves Rs 1.56L-cr worth solar projects
Ø  Sebi cancels registration of Sahara Mutual Fund
Ø  PNB may take over steelmakers to recover debt
Ø  Kotak Mahindra International sells 3.51% stake in Ceat

Business Standard

Ø  Reliance shale gas returns turn negative in US
Ø  Crude oil prices slip to lowest in six months
Ø  Banks to witness bad-loans pressure in FY'16: Moody's
Ø  Maruti Suzuki net jumps 56% to Rs 1,192 cr in Q1
Ø  Import cover in forex reserves close to 9 months: RBI
Ø  NSEL wins decree against ARK Imports
Ø  China stocks seen dropping 14% as market mirrors 1929 US crash

Business Line

Ø  Bombay HC rules against NSEL’s 2nd largest defaulter
Ø   Syndicate Bank net drops 38% on higher tax outgo
Ø  Uncertainties to restrict overseas fund flows into Indian equities, says BofA-ML
Ø  IRFC tax-free bond issue draws Rs. 1,136 cr
Ø  Cheap imports hurting industry: JSW Steel chief


Ø  Reliance likely to sell US shale gas holdings
Ø  Thermax consolidated Q1 net jumps 241% to Rs 58 crore
Ø  Rs75,000 cr in power loans could be at risk, says Crisil report
Ø  Justdial Q1 net up 18% at Rs 33.17 crore
Ø  IRB infra arm ties up Rs 1,400 crore for NHAI project
Ø  Union Bank of India Q1 profit down 22%

Financial Express

Ø  Sensex ends 102 points down in a choppy trade; NSE Nifty below 8,350
Ø  Lack of good economists impacting policy-making: Raghuram Rajan
Ø  CCI fines Hyundai Motors Rs 420 cr; Reva, Premier also face flak
Ø  Greece, rescue creditors in 2nd day of talks on new lifeline

Financial Chronicle

Ø  SpiceJet posts `71.8 crore profit on lower fuel prices
Ø  10 per cent duty slapped on wheat import
Ø  Ratnakar Bank in talks with Sebi to sort out IPO issue
Ø  Tata Capital gets nod to raise upto Rs 3000 cr
Ø  Tata Communications reports Rs 33.86 cr net loss
Ø  Aditya Birla Chemicals Q1 net profit up 40%

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