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 Business Headlines 4 Sep 2015

Economic Times
Ø  India will continue to outperform peers: Atsi Sheth, Moody's
Ø  India loses Rs 2 tn annually to corrosion of infra
Ø  Shrinking US trade gap shows economy's strength
Ø  RBI's new base rate norms to hit bank profitability: Crisil
Ø  Decline in exports "pulled down" GDP growth by 3%: FIEO
Ø  IREDA plans to raise Rs 600 cr via tax-free bonds
Ø  Cipla set to buy Hetero’s US ops for $550 million
 Business Standard
Ø  Airlines drag govt to court over ground-handling fiat
Ø  Govt to give priority to infra development: Nirmala
Ø  UAE government keen to invest in India
Ø  RBI will consider deflation while deciding interest rates: Jayant Sinha
Ø  CBDT asks officials not to pursue pending MAT cases
Ø  Pre-payment issuers petition RBI on payments bank licence issue
Business Line
Ø   Novartis makes history with US launch of biosimilar drug
Ø  Goa iron ore miners grapple with high taxation, lower ore prices
Ø  NSE enters into MoU with Stock Exchange of Mauritius
Ø  IRB Infra in pact with NHAI for Rs. 2,650 cr road project
Ø  Hero Cycles bags order for 7.5 lakh bicycles from West Bengal
Ø  Corp bond private placement hits 4-month high at Rs. 46K cr
 Mint
Ø  Hedge funds adopt a go-slow approach on Indian start-ups
Ø  NPS managers can actively manage equity funds: PFRDA
Ø  India’s economy will achieve 8-8.5% growth rate: Pranab Mukherjee
Ø  RIL, ONGC face 14% cut in natural gas price
Ø  Suzuki chairman tells Indian vendors to stop investing in hotels, leisure
Ø  Coal ministry seeks exemption from forest clearances
Financial Express
Ø  Sensex snaps 3-day losing streak, closes 311 points up, Nifty settles above 7,800
Ø  Empower retail investor to curb mis-selling: Panel
Ø  'Green Fund' to transform 96,000 km NHs into green Corridor
Ø  Swiss banks moving 'full speed' on automatic tax info exchange
 Financial Chronicle
Ø  Govt to pay state traders Rs 113 cr for import losses
Ø  Govt to invest Rs 8.5 lakh cr in railways
Ø  Adani loses key customer for Carmichael mine in Australia
Ø  China, tumbling commodity prices threaten world economy: IMF
Ø  Pharma giants post profits amid slowdown

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