Business News Headlines
Economic Times
Ø Arvind Fashions in talks with Reliance Retail to sell two denim brands
Ø PEMSPL says working to develop own tech for EVs, may take 5-6 Yrs to integrate into Products
Ø Highways Ministry asks NIC to capture FASTag details before vehicle registration
Ø IL&FS may add another road asset to proposed InvIT list
Ø Tellurian's $2.5 Bn Petronet deal expires, co fails to qualify for LNG supply
Ø India's COVID-19 recovery rate improves to 62.93 per cent: Health Ministry
Ø Aviation ministry refuses equity support to Air India
Ø Smartphones Sales down 30-40% in July so far on import hurdles, Production delays
Business Standard
Ø Qualcomm Ventures picks 0.15% stake in Jio Platforms for Rs 730 Crore
Ø 'Duty-free' hits a fifth of manufacturing imports, says WTO Report
Ø US remains India's Top Trading Partner for 2nd Consecutive year in 2019-20
Ø Govt explores options to fund Udan Scheme as Airlines face low demand
Ø CBIC extends deadline for re-import of cut, polished diamonds by 3 Months
Ø Many MSMEs are approaching Banks for collateral-free loans: Survey
Ø India's FY21 GDP Growth to be in Negative Territory at -4.5%: FICCI Survey
Ø China warns of consequences if UK cuts Huawei out of its Telecom Infra
Ø Small NBFCs may face funding challenges again as Banks get choosy: CARE
Financial Express
Ø Steel demand deficit stood at 43% in June
Ø Corporate funding in Solar Sector falls 76% in H1 2020 to $462 Million : Report
Ø JSW Steel cuts Capex plans by 45% to Rs 9,000 Crore for FY21
Ø Ericsson India hopes to win contracts in Indian Telecom market on Strength of Technology
Ø MSMEs see no benefit so far from anti-China chorus; expect Business normalcy in 12 Months
Ø Restaurants open but grapple with decreased sales, few dine-in customers
Ø Eight shortlisted for RBI Deputy Governor Post; Interview on July 23
Ø COVID-19 to hurt Life Insurance industry's new business premium in FY21: IDBI Federal
Mint
Ø Reliance Industries to expand its Financial Services offerings
Ø TRAI blocks Airtel, Vodafone Idea’s Premium plans on violation of service norms
Ø FMCG Sales in fast lane in Rural Areas; Hygiene , Immunity Products in demand
Ø Par Panel favours extending ESI, EPF Benefits to migrant workers
Ø EDF, McKinsey, BCG, Deloitte among others eyeing India’s Global Power Grid Plans
Ø Thermal Coal Imports at Major Ports decline 35% to 17.71 MT in April-June: IPA
Ø Indian Online Grocery Market can exceed ₹22,500 Cr sales in 2020: Sanjiv Goenka
Ø IMD issues Yellow alert for Heavy rain in Himachal Pradesh
Ø Finance ministry writes to States on additional 2% Borrowing
Ø ASSOCHAM for 'One Nation, One Stamp Duty' for M&A Transactions
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