Business Standard
Ø SBI to sell 4.5% stake in SBI Life for Rs 3,465 crore
Ø Hong Kong Exchange makes $39 bn bid for LSE
Ø India wants industry protected in RCEP deal: Goyal
Ø Indian high tech sector have potential to attract $21 bn
Ø PNB, UBI & OBC forms groups to oversee merger
Ø NCLAT impleads Sebi as a party in the plea filed by RIL in Alok Industries matter
Ø ONGC signs MoU with Assam to invest Rs 13,000 cr for exploration
Ø India hopes to tap $1-billion of jewellery export opportunity to US
Ø China exempts 16 US goods from retaliatory tariffs ahead of trade talks
Ø Tata Motors global sales decline 32% to hit 72,624 units in August
Ø JSW's August crude steel output dips 13% YoY to 1.25 million tonnes
Business Line
Mint
Ø India to align trade remedy rules with global best practices
Ø India agrees to lower import duties on Indonesian palm oil
Ø Azim Premji, group cos sell ₹7,300-cr worth shares in Wipro buyback
Ø IL&FS gets bids worth ₹13,000 cr for road assets
Ø Cyient signs pact with UK defence firm QinetiQ Target Systems for unmanned target systems avionics
Ø Strides Pharma buys 70% stake in Switzerland’s Fairmed Healthcare
Ø Warburg Pincus exits ICICI Lombard; sells remaining 2.7% stake for $194.5 mn
Ø Schneider expects to complete L&T’s electric unit acquisition by early 2020
Ø India plans to set up ultra mega solar parks worth $1.5 billion each
Financial Express
Deccan Chronicle
Ø Adani Power’s Tiroda plant gets MERC nod for higher coal price
Ø HDFC Bank doubles mid-corporate loan book to over Rs 90,000 crore in 3 years
Ø Advance intimation of steel imports will help industry face challenges
Ø Rupee rises by 5 paise to 71.66 vs USD, extends gains for 5th day
Ø Gold prices fall Rs 372; silver too drops Rs 1,150
Ø Blackstone plans Rs 1.5,000 crore investment in Allcargo unit
Ø Debt crisis hurts corp bond market
By: via @AlliesFin Serve T.ME/ALLiESFiN
