Today's Headlines from www:
*Economic Times*
π V-Bazaar aims Rs 750 cr turnover by 2021, to have 120 stores
π Fitch downgrades Lodha bonds worth $325 million
π YES Bank raises Rs 1,930 cr via QIP; CEO Ravneet Gill says funds to be used for growth
π IIT Madras working on tech to produce power from estuaries
π Sembcorp commissions 200 MW wind power project in Bhuj, sees rise in profitability
π NMDC iron ore prices remain flat in Aug; output jumps 37% in July
π Sundaram-Clayton, Hero MotoCorp announce temporary production shut down
π India needs $500-700 billion in renewable energy: IEEFA
*Business Standard*
π ED unearths $400-million fund diversion at Religare Enterprises
π Jet Airways creditors' claims balloon to Rs 30,558 cr as revival hopes fade
π PSBs may ease credit access to automobile dealers to boost sales
π State-run oil firms to deliver petrol at doorstep, expand diesel service
π Govt to tighten noose on Chinese e-commerce players evading duties
π Amtek Auto heads for liquidation; NCLAT clears the way for the process
π Govt adopts a new approach to bring reforms in public sector banks
π Fitch too downgrades Macrotech Developers on low liquidity concerns
*Financial Express*
π Top executives of Apple, Samsung, Xiaomi to meet government on August 19
π NBFC liquidity crunch to hit realty developers hardest
π Delay in DHFLβs submission of unaudited Q1 results
π IFIN drags SKIL infra to NCLT
π Monsoon rage grounds CIALβs business by Rs 70 crore
π Sun Pharma gives licence to CMS for commercialization of 7 generic products in China
π Economic slowdown: Govt weighs fiscal stimulus; package soon for companies, exporters
*Mint*
π Sembcorp invests βΉ521 crore in Indian renewable business
π IPOs likely to dry up as uncertainty rules Indian equity market
π SpiceJet to launch 12 new domestic flights from October
π Rupee settles 13 paise up at 71.14 against dollar despite outflows
π Ujjivan Small Finance Bank files draft papers for βΉ1,200 crore IPO
π NBCC not to invest any money in Amrapali stalled projects
π India's forex reserves at new life-time high of $430.57 bn: RBI data
π Fitch Ratings raises Reliance's outlook to positive
π TRAI seeks relook at caps on channel discounts
π RBI to cut interest rates by 40 basis points before this fiscal-end: Fitch
π OPEC sees bearish oil outlook for rest of 2019, points to 2020 surplus.
*Economic Times*
π V-Bazaar aims Rs 750 cr turnover by 2021, to have 120 stores
π Fitch downgrades Lodha bonds worth $325 million
π YES Bank raises Rs 1,930 cr via QIP; CEO Ravneet Gill says funds to be used for growth
π IIT Madras working on tech to produce power from estuaries
π Sembcorp commissions 200 MW wind power project in Bhuj, sees rise in profitability
π NMDC iron ore prices remain flat in Aug; output jumps 37% in July
π Sundaram-Clayton, Hero MotoCorp announce temporary production shut down
π India needs $500-700 billion in renewable energy: IEEFA
*Business Standard*
π ED unearths $400-million fund diversion at Religare Enterprises
π Jet Airways creditors' claims balloon to Rs 30,558 cr as revival hopes fade
π PSBs may ease credit access to automobile dealers to boost sales
π State-run oil firms to deliver petrol at doorstep, expand diesel service
π Govt to tighten noose on Chinese e-commerce players evading duties
π Amtek Auto heads for liquidation; NCLAT clears the way for the process
π Govt adopts a new approach to bring reforms in public sector banks
π Fitch too downgrades Macrotech Developers on low liquidity concerns
*Financial Express*
π Top executives of Apple, Samsung, Xiaomi to meet government on August 19
π NBFC liquidity crunch to hit realty developers hardest
π Delay in DHFLβs submission of unaudited Q1 results
π IFIN drags SKIL infra to NCLT
π Monsoon rage grounds CIALβs business by Rs 70 crore
π Sun Pharma gives licence to CMS for commercialization of 7 generic products in China
π Economic slowdown: Govt weighs fiscal stimulus; package soon for companies, exporters
*Mint*
π Sembcorp invests βΉ521 crore in Indian renewable business
π IPOs likely to dry up as uncertainty rules Indian equity market
π SpiceJet to launch 12 new domestic flights from October
π Rupee settles 13 paise up at 71.14 against dollar despite outflows
π Ujjivan Small Finance Bank files draft papers for βΉ1,200 crore IPO
π NBCC not to invest any money in Amrapali stalled projects
π India's forex reserves at new life-time high of $430.57 bn: RBI data
π Fitch Ratings raises Reliance's outlook to positive
π TRAI seeks relook at caps on channel discounts
π RBI to cut interest rates by 40 basis points before this fiscal-end: Fitch
π OPEC sees bearish oil outlook for rest of 2019, points to 2020 surplus.
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