Business Standard :
Ø Govt looks to cut stake in PSUs to up to 26%
Ø RBI has an advice for IMF, World Bank
Ø Modi govt sets sights on making India $5 tn economy
Ø 'LIC offers Rs 1.25L-cr line of credit to fund projects'
Ø Main gas fields in KG-D6 block in late life stage: Reliance
Ø FPIs withdraw Rs 7,712 crore from stocks in July so far
Ø Etihad, Hinduja Group back at the deal table for grounded Jet Airways
Ø After 12 years, RBI set to modify fit-and-proper norms for bank directors
Ø Jio to keep adding subscribers despite decline in average revenue per user
Ø Strong rupee, lower GDP likely to tame inflation in India to 4.1%: ADB
Ø Embassy likely to mop up additional 14% stake in Indiabulls Real Estate
Business Line
Mint :
Ø CII identifies 31 items with high export potential
Ø 345 infrastructure projects show cost overruns of Rs 3.28 lakh crore
Ø Cairn Oil opts for cluster approach, outsourcing model for new fields
Ø BHEL bags Rs 486 cr order from NPCIL for Kudankulam project
Ø Dr Reddy’s announces closure of transactions with Upsher-Smith Labs
Ø Canada’s pension fund OMERS seeks new green energy deals
Ø Railways seeks cabinet nod to build 3 freight corridors at ₹3 trillion
Ø Investcorp closes maiden India PE fund at₹1,000 cr
Ø Post-$34 billion acquisition by IBM, Red Hat bets big on India
Ø Piramal raises ₹1,500 crore from StanChart Bank through NCDs
Financial Express
Deccan Chronicle :
Ø IL&FS case: Sebi expands probe into role of 5 credit rating agencies
Ø SME credit lending grows at 15.6% YoY; Gujarat top state for MSME lending
Ø USFDA found different dietary, medicinal claims on Patanjali’s sharbat bottles
Ø Govt to amend IBC to facilitate mediation for individuals
Ø Dip in India demand hits Russian diamond miner
Ø S’pore woes ring trade alarm bells
Ø Mukesh Ambani keeps salary capped at Rs 15 crore for 11th year in a row
Ø First time in a month, forex reserves fall by USD 1.11 billion
Ø Brookfield to invest Rs 25,215 cr in Reliance's telecom tower arm
By: via @AlliesFin Serve T.ME/ALLiESFiN
