Economic Times Headlines: 5th August, 2015.

5 Aug 2015
Economic Times

Business Standard
Ø  Rajan warns of action against banks hiding NPA nos
Ø  Oil price unlikely to recover as Saudi refining hits market
Ø  FSSAI-approved lab finds Maggi noodles safe
Ø  Adani to announce JV worth $5 bn with Foxconn
Ø  No decision yet on Cairn-Vedanta deal: UIICL
Ø  I-T Dept searches 20 premises of Claris Lifesciences

Ø  RBI leaves repo rate unchanged at 7.25%
Ø  RBI, govt in talks on medium term framework for FPI limit in debt
Ø  Klesch Group drops plans to buy out Tata Steel unit
Ø  Coal imports drop by 11% to 19 MT tn in July
Ø  UK takes 1 billion pounds hit in RBS sell-off
Ø  AIG profit beats estimates, boosts buyback by $5 billion
Business Line

Ø  RBI Governor bats for shifting veto power to monetary policy committee
Ø  Bharti Airtel Q1 net up at Rs 1,554 cr
Ø  US restores duty benefits to Indian exporters
Ø  No plan to hike duty on petroleum products: Pradhan
Ø  Over 3,500 tonnes plastic waste generated daily
Ø  FinMin moves Cabinet note on gold monetisation scheme

Ø  Govt may raise Rs40,000 crore via bonds from LIC
Ø  Thomson re-entering India market after 11 years
Ø  Sunteck Realty keen to buy distressed assets from rivals
Ø  Jay Shree Tea to sell sugar and fertilizer businesses
Ø  Sony to start manufacturing Bravia TVs in Tamil Nadu
Ø  Birla in talks with PE firms to sell insulator unit
Financial Express

Financial Chronicle
Ø  Monsoon, US Federal Reserve impact next trigger for rate cuts: Moody's
Ø  Govt mulls selling 3 per cent stake in GAIL to raise Rs 1,800 crore
Ø  Reliance MediaWorks concludes multiplex sale, debt cut by Rs 700 crore
Ø  Steel shares jump on likely import duty hike
Ø  Vedanta Resources bets on India for future growth

Ø  Rajan links more easing to lower bank rates, monsoon, inflation
Ø  RBI may cut interest rates before next policy: Rajan
Ø  CCI charges SMTB with violating competition norms
Ø  SC defers hearing, FIIs wait gets longer on MAT clarity
Ø  China footwear biz shrinks, India gets a foot in the door
Ø  Arcelor Mittal expects India to be active on M&A in steel, mine
Hi gm. Have a nice day ahead 

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