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Today's Business Headlines :-

Business Standard
Ø Finance ministry, RBI agree on monetary policy panel
Ø S&P lowers outlook on EU to negative from stable
Ø Land Bill: Panel agrees to withdraw 6 amendments
Ø Rating agency ARC ratings affirms 'BBB+' rating on India
Ø Greece's battered economy threatens to sink further
Ø 90,000 acres land acquired for Polavaram irrigation project
Ø NTPC to reduce dependence on fossil fuels to 56%
Ø Hero MotoCorp Q1 net up 33% at Rs 750 cr
Ø 'India could be topmost gainer with lifting of sanctions in Iran'
Ø FTIL proposes to loan Rs 50 cr to NSEL
Ø BSE puts off multi-legged order facility indefinitely
Ø Sundaram Finance to sell its 49% stake in BNP Paribas Sundaram Global Securities
Ø MF inflow in equity markets drop by 58% to Rs 4,300 cr in July
Business Line
Mint
Ø Airtel acquires YTS for mobile payment solutions
Ø FinMin to give Rs. 1,300 cr kerosene subsidy
Ø Punj Lloyd bags Rs. 477-cr tankage order
Ø Euro slips as Greek stocks tumble; investors await key US data
Ø First advance pricing agreement with rollback facility signed
Ø Dr Reddy’s domestic business strategy pays rich dividends
Ø RBI may opt for status quo on policy rate
Ø CSIR prevents UK company from patenting ancient hair loss formula
Ø Sebi seeks fresh clarifications on IndiGo IPO
Ø Mudra sanctions loans of Rs240 crore to MFIs
Ø Biocon gears up for US generics push
Ø HCL Tech Q4 profit drops 2.8% to Rs1,783 crore
Financial Express
Financial Chronicle
Ø Sensex closes 72 points up, banking stocks rally; Nifty settles at 8,543
Ø E-commerce rakes up $2.68 tn in China despite slowdown
Ø Bajaj Auto sales inch up 3% in July
Ø Bharat Forge Q1 net grows 34.7% to Rs 195.32 cr
Ø UAE company gets Supertech’s Rs 500 cr Gurgaon contract
Ø Indian Bank revises FCNR(B) interest rates
Ø United Bank Q1 net profit slips 20%
Ø HSBC unit hikes stake in Ceat to 5.64% with off mkt purchase
Ø BGR Energy revenues jump 41% in Q1
Ø HFCL Q1 net profit jumps 62% to Rs 112 cr
Ø JK Cements Q1 Net nosedives over 99% to Rs 16 lakh

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