Business Headlines 8th Sept, 2015

Business Headlines 9th Sept, 2015

Business Standard
Ø  Undisclosed foreign a/cs: CBDT issues compounding rules
Ø  'Rupee must fall more to save exports, prevent China dumping'
Ø  Sequoia to become largest India-focussed VC fund
Ø  JP Morgan AMC goes into damage control mode
Ø  RBI has less stringent norms on systemically important banks: Moody's
Ø  Retail investments into Indian shares show jump
Ø  Reliance Defence in pact with UAE's ADSB
Ø  JSW to acquire JP's Bina thermal power Rs 3,500 cr

Ø  India Inc set to discuss global crisis with PM today
Ø  Over a fifth of FMCG products in India are fake or smuggled
Ø  Mukesh Ambani likely to exit Navi Mumbai SEZ
Ø  Currency volatility impacts pharma companies' earnings
Ø  OBC, IOB, YES Bank to be most affected by new base rate methodology: Moody's
Ø  No proposal to merge Chennai Petroleum with IOC: B Ashok
Ø  ONGC: Multiple gains from Russian oil deal
Ø  Firms with annual turnover of Rs 25 lakh might not attract GST
Business Line

Ø   China forex reserves fall record $93.9 bn in Aug 
Ø   LIC taking advantage of market fall, buying stocks: Chairman 
Ø  Shanghai stock exchange to tighten rules on options trading
Ø   Australian partner UGL intends to exit jt venture with Texmaco
Ø   Oilmeal exports dips 42% on low crushing 
Ø  Kalpataru Power to raise Rs. 300 cr via NCD route

Ø  Poor demand, excess supply sends coal off-take ratio to multi-year lows
Ø  Default fears rise as Rs800 crore Amtek bonds set to mature
Ø  BSNL to increase minimum broadband speed to 2 Mbps
Ø  Govt tells coal power plants to subsidize 15GW of solar power
Ø  Havells mulls India purchases, sees revival
Ø  India eyes energy assets abroad in low price regime
Financial Express

Financial Chronicle
Ø  India ranks low on inclusive growth: World Economic Forum
Ø  Draft base rate guidelines credit negative for banks: Moody's
Ø  Maharashtra govt to abolish LBT on petrol and diesel within 15 days
Ø  Trai to be fair: Let’s be clear, telcos stand to lose from call drops
Ø  New oil & gas policy shifts risks to developers: Report

Ø  Liquid, money market MFs witness Rs 70,000 cr outflow
Ø  Markets to remain volatile in Sept-Nov: BofA-ML
Ø  Rupee slips by 36 paise to 2-year low at 66.82 against $
Ø  Govt to set up low-cost non-major ports to boost trade
Ø  India rejects Pfizer's patent application for arthritis drug
Ø  Japanese paint Nippon is betting on green products

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