Morning News Round Up

Ø  Reliance Power to acquire all hydro projects of Jaypee group

Ø  Adani Group to scoop up Rs 10000 cr via share sale

Ø  Coal India yet to sign fuel supply pacts with 12 power units

Ø  Central Bank of India to sell 4% stake to LIC for Rs 581 cr

Ø  Andhra Pradesh can emerge as a solar hub: Goyal

Ø  Discoms to challenge APTEL order on Adani, Tata

Ø  Thomas Cook, Sterling Holiday merger gets BSE, NSE nod
 
Ø  India’s sovereign rating to remain stable: Morgan Stanley

Ø  Sebi mulls change in takeover norms; control, pricing on radar

Ø  Top-seven cos add Rs 77k cr in m-cap

Ø  Cairn seeks ONGC nod to extend Rajasthan block permit beyond 2020

Ø  Renuka Sugars to soon approach Sebi on Rs 725-cr rights issue

Ø  FinMin to pitch for ratings upgrade with global agencies in next 2-3 months

Ø  India hopes to clinch deal with US on LNG during Modi visit

Ø  At $14.7 bn so far, overseas bond sales on pace to set new record 

Ø  Tata Chem plans to raise Rs. 1,000 cr via debentures

Ø  Anti-competitive practices top complaints against realty players  
 
Ø  Maruti increases Celerio AMT output to cut waiting period

Ø  Govt plans media campaign to attract FDI

Ø  Colgate-Palmolive profit drops 27.16% in June quarter

Ø  GMR group moves to strengthen balance sheet

Ø  Ashok Leyland trims costs to pull up performance

Ø  No retrospective tax on debt funds, says Arun Jaitley

Ø  Stock markets may see volatile trading amid derivatives expiry

Ø  FII inflows hit $5 bn in July; cross $25 bn so for this yr

Ø  1% Chinese own one-third of national wealth: report

Ø  China begins trial production of world’s largest amphibious aircraft
 
Ø  QFIs exempted from paying fees to convert to FPI structure

Ø  Exim Bank wants RBI to hike its leverage ratio by 50 pc

Ø  GoAir Q1 traffic up 21% to 1.7m on non-metro push

Ø  Kalyan Jewellers to invest Rs 1,400 cr to open new showrooms

Ø  Suzlon board approves Rs 5,000 cr fund raising proposal