Business News Headlines - 24th August 2015

Economic Times
Ø  Foreign portfolio investors may get MAT relief
Ø  China to invest massive PF in volatile stock markets
Ø  RBI likely to go for 25 bps rate cut in Sept: HSBC
Ø  India to gain from policy of global alignment: Goyal
Ø  German Pharma firm Merck to shut down B'lore GeNei
Ø  Bandhan becomes India's first private bank in 11 yrs
Ø  USL, Kingfisher Airlines face fine for listing violations

Business Standard
Ø  EPFO's equity investment depends on performance: Bandaru Dattatreya
Ø  Agri Min pushes for hike in import duty of edible oils
Ø  Taking legal advice on EU's medicine ban: Comm Secretary
Ø  Govt approves development of 50 solar cities
Ø  India's US govt securities holdings touch high at $117 bn
Ø  Yes Bank to decide on $1 bn share sale in H2

Business Line
Ø  'India moving fast to resolve tax disputes with foreign entities'
Ø  FPIs pull out Rs. 1,943 cr from stock markets this month
Ø  ESIC cover for 4.3 crore workers in unorganised sector
Ø  Piramal to invest Rs 200 cr in Dhobi Ghat project
Ø  Nestle plans to bring back Maggi noodles by year-end
Ø  Godrej to tap rural markets for household insecticides 

Ø  Sebi board to discuss P-Notes issue on Monday
Ø  Indian Oil stake sale to aid govt post best first half in 7 years
Ø  OVL shortlisted for Mexican oil bid round
Ø  GAIL in talks with Iran to revive decade-old LNG deal
Ø  Oil minister Pradhan to sign MoU for oil pipeline with Nepal
Ø  Irda chief urges firms to redesign products, offer simpler policies

Financial Express
Ø  First set of tax sop phase-out in public domain soon: FM
Ø  DRDO ties up with Ramdev to market supplements, food products
Ø  Sebi allows 59 entities to square off existing positions
Ø  Call drops: TRAI to probe tariff plans, issue draft paper
Ø  UK Met Office loses weather service contract with BBC after almost 100 years

Financial Chronicle
Ø  Yuan rout starts to infect emerging market currencies
Ø  Tapping a Rs 1 lakh crore savings deposits opportunity
Ø  JSPL may bid for ore mines in Odisha
Ø  Pension biz of life insurers plunges 90% to Rs 2k cr in FY15
Ø  Inox to invest Rs 320 cr in 3 yrs, eyes regional acquisitions
Ø  Telecom firms better placed to operate payments banks

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