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Today's Business Headlines:-
Economic Times
Business Standard
Ø Yuan devaluation: Fin Min says hot money can 'desert' India
Ø Reliance Jio to partner with Reliance Communications
Ø GST Bill: Govt keeps options open on spl session
Ø ONGC may spend $7 bn to develop oil & gas blocks
Ø Essel Group, CII ink pact to form technical consortium for Smart Cities
Ø Banks ask RBI to reduce asset risk weights to global levels
Ø Jaypee Cement wins Majra coal block in Maharashtra
Ø IDBI Bank gets shareholders nod to raise Rs 26,000 cr

Ø RBI to transfer Rs 65,896 crore surplus to government
Ø Tata Sons to raise stake in AirAsia India to 41%
Ø RBI warning on infra projects' loan refinancing
Ø Cong not averse to GST provided Govt brings 'good' legislation
Ø Chinese devaluation could worsen local textile sector woes
Ø Ashok Leyland to set up assembling facility in African countries
Ø IOC first quarter net jumps 2.5 times to Rs 6,436 crore
Ø Govt selects 5 bankers to manage IOC stake sale
Business Line
Mint
Ø Indian banks in UK face tougher rules
Ø Nestle India wins a reprieve as court sets aside ban order
Ø States may get Central funds support for exploration activity
Ø India set to pay $1.4 bn Iran oil dues
Ø MFIs told to cap loans to joint liability groups at Rs60,000
Ø IRB Infra forms investment trust to float projects

Ø Cabinet clears policy on spectrum sharing
Ø Monsoon rains 9% below normal so far, expected to remain weak
Ø Govt raises import duty on some steel products
Ø Tata Power waits on Mundra, Arutmin stake sale
Ø DLF’s Q1 profit dips 4.8% to Rs.121.5 crore
Ø Allcargo buys ships to boost coastal shipping business
Financial Express
Financial Chronicle
Ø Indian rupee plunges to 2-year low of 65.10 on yuan woes
Ø Chinese move to devalue yuan dangerous and unpredictable: Aditya Puri
Ø Coal auctions: Govt raises Rs 4,364 crore in third round
Ø Symphony acquires Chinese air cooler company for Rs 1.5 cr
Ø Nucleus Software Exports shares zoom over 14% after tie-up with Microsoft
Ø Unitech posts Rs 281 cr loss in June quarter

Ø Jaitley says govt determined to meet GST deadline
Ø Modi looks to boost trade, economic ties with UAE
Ø Banks allowed to tie up with more than one insurer
Ø Banks have to incentivised for gold monetisation to work: WGC
Ø NSE's SME platform witnesses big wave of listings in Aug
Ø Reliance Infra reports 12.39% drop in PAT

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