Morning News Round-up:

Ø  After tariff war, Airtel challenges Rel Jio with 135 mps data speed 
Ø  Mukesh Ambani shifts to big data with $20-bn Jio

Ø  India’s fiscal deficit reaches 74% of FY17 target 

Ø  CCI imposes Rs 6,700 cr fine on 10 cement cos for cartelization 

Ø  India, US to use S&CD platform to boost trade, investment

Ø  Cabinet clears clutch of moves to revive construction sector 

Ø  GDP slows to 7% in new worry for Modi govt 

Ø  SC quashes Singur land buy for Tata Motors’ Nano plant

Ø  Shah panel says RIL must pay penalty to govt

Ø  Govt to launch scheme to promote food processing sector

Ø  RBI advisory panel suggested status quo on policy

Ø  Govt preparing comprehensive national gold policy

Ø  RBI may agree demand for a nodal agency for P2P lending

Ø  A $14.5 billion dilemma- EU serves tax order to Apple

Ø  Hind Copper signs jt venture agreement with CMDC

Ø  Cox & Kings is cautiously optimistic about Europe business

Ø   RBL becomes first private bank to list in 11 years

Ø  India, US see big opportunity in travel, tourism sector

Ø  Hero MotoCorp hopeful of double-digit growth this fiscal

Ø  Eyeing larger soyabean crop, trade sees scope for exports to Far East

Ø  Petrol price hiked by Rs3.38 per litre, diesel by Rs2.67

Ø  India woos foreign investors with permanent residency status

Ø  OMCs bullish on renewable energy segment

Ø  GST rate: Auto industry proposes dual duty structure

Ø  CPPIB gets RBI nod to up stake in Kotak Mah Bank upto 10%

Ø  Sony acquires Zee’s TEN Sports for $385 million             

Ø  Sensex closes 109 points up, Nifty settles at 8,784; Hero MotoCorp, Tata Motors gain

Ø  Seven fund houses bid for new CPSE ETF; ICICI MF leads race

Ø  Public debt rises 3 per cent in April-June quarter

Ø  ‘IT, telecom cos investing in tackling fraud, bribery’

Ø  Foreign players investing Rs 10 cr eligible for residency

Ø  RBL soars 33% on listing to be 9th largest pvt bank

Ø  Commercial vehicle demand to revive from FY17: ICRA

Ø  Cabinet approves recent changes in FDI policy

Ø  MCX Q1 net profit up 55% at Rs 33 crore

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