Ø Cabinet approves raising FDI cap in defence to 49%, opens up railways
Ø Adani-IOC in talks for Rs 30 k-cr Mundra refinery JV
Ø Airtel to sell shares in unit Bharti Infratel on Thurs
Ø Raghuram Rajan warns of global market ‘crash’
Ø LIC may invest Rs 60,000 crore in equities: Chairman
Ø UltraTech Cement earmarks capex of Rs 7K cr for expansion
Ø India won’t lift caps on FII investment in bonds: RBI Governor
Ø NDA eases green rules to push investments
Ø Tata group’s finances back on track after 7 yrs
Ø No breakthrough on Insurance Bill
Ø Maharashtra’s sugar output estimated at 8.8 MT in 2014-15
Ø Goa gov to table revised mineral policy by month end
Ø India set to become 2nd largest steel producer: ArcelorMittal
Ø SAT upholds Sebi decision to reject public offer in GTL case
Ø Govt approves 14 FDI proposals worth Rs 1,528 cr
Ø Cerner to buy Siemens Health Services for $1.3 bn
Ø RBI tightens regulatory norms for asset reconstruction firms
Ø New Zealand awaiting Modi Govt stand on free trade pacts
Ø Bata India to merge two subsidiaries with itself
Ø Apollo Tyres to build €500-mn plant in Eastern Europe
Ø Rupee closes at five-month low of 61.51 per dollar
Ø Italy’s GDP drops, shows country in recession
Ø Lupin inks pact with South Korean firm to launch diabetes drug
Ø Cognizant reports 23.8% rise in profit, cuts growth forecast
Ø LinkedIn agrees to pay $6 million for overtime, damages
Ø With few buyers, real estate firms go slow on new projects
Ø Centre to give states Rs 25k cr to help push GST
Ø Wilful defaulters to be in focus, says RBI governor Raghuram Rajan
Ø New equity scheme of UTI MF to open on August 13
Ø Adani Ports Q1 net profit jumps 36% at Rs 568 crore
Ø Former Infosys officers call for $1.8 billion buyback
Ø Global cues, profit-booking drag Sensex down by 243 pts
Ø RBI to cut down pre-emptions to spur efficiency
Ø Low prices, erratic monsoon boost cotton imports
Ø EIH in talks for two China, Thailand hotels
Ø Fiscal deficit of 4.1% an ambitious target: Rajan
