10th May 2K16 Economic Times Headlines

10th May 2K16

Economic Times

Ø  India has trade deficit with 27 nations for last three years: Nirmala Sitharaman
Ø  Tata Steel takes 7 potential bids for UK assets to next stage of sale 
Ø  Indirect tax mop up grows 41% to Rs 64,394 crore in April
Ø  Panama Papers list of offshore companies to go live
Ø  Debt-heavy GMR sells power stake to Malaysian utility
Ø  Dalmia Cement takes back plea against Lafarge

Business Standard

Ø  Govt not averse to giving Rajan a second term
Ø  HUL margins up, but volume growth lowest in 5 quarters
Ø  Govt considering low-cost housing scheme for EPFO subscribers
Ø  Dynamic bond funds are better than short-term gilt funds
Ø  Centre reserves 100 mn tonnes lignite from Valia mine for Gujarat
Ø  Top China paper warns of crisis over credit-driven growth model
Ø  R-Infra's BSES appeals for amortisation of overdues, tariff hike in Delhi

Business Line

Ø  US trade team to visit India to discuss domestic sourcing issue 
Ø  Indirect tax mop up grows 41% to Rs. 64,394 cr in April
Ø  US had $1.7 bn trade deficit with India in March 
Ø  Centre to soon roll out divestment in STC, MMTC 
Ø  CaratLane promoters may hold up to 20% stake post Titan buyout
Ø  Future Group to hive off furniture business as a listed entity 


Ø  Reliance Jio may begin commercial operations in October: CLSA
Ø  LafargeHolcim to go ahead with asset sale as Dalmia withdraws plea
Ø  Crompton Greaves appoints bankers for sale of assets
Ø  Govt says Rs43,000 crore lies in inoperative EPF accounts
Ø  Air India set to turn in a profit two years ahead of schedule
Ø  Govt notifies relaxed FDI norms for ARCs

Financial Express               

Ø  Sensex surges 460 points on corporate earnings, US jobs report; Nifty settles at 7,866
Ø  Vodafone challenges special audit order: HC seeks I-T Dept's reply
Ø  Print more small denomination notes to curb graft: MP to government
Ø  Pensions Act, 1871: Govt plans to amend 145-year-old pension law

Financial Chronicle

Ø  Greece passes pension, tax reform bill
Ø  Journalists' group to release many Panama Papers online
Ø  Ultratech to raise FPI investment cap to 30 per cent
Ø  Gold fails to glitter on Akshaya Tritiya
Ø  Sugar output may shrink to 21 mt in 2016-17
Ø  Car sales grow after 3 months in April; up 1.87%

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