Morning Business News:
- Govt looks to cut stake in PSUs to up to 26%
- RBI has a piece of advice for IMF, World Bank
- Modi govt sets sights on making India $5 in economy
- ‘LIC offers Rs 1.25L-cr line of credit to fund projects’
- Main gas fields in KG-D6 block in late-life stage: Reliance
- FPIs withdraw Rs 7,712 crore from stocks in July so far
- Etihad, Hinduja Group back at the deal table for grounded Jet Airways
- After 12 years, RBI set to modify fit-and-proper norms for bank directors
- Jio to keep adding subscribers despite a decline in average revenue per user
- Strong rupee, lower GDP likely to tame inflation in India to 4.1%: ADB
- Embassy likely to mop up an additional 14% stake in Indiabulls Real Estate
- CII identifies 31 items with high export potential
- 345 infrastructure projects show cost overruns of Rs 3.28 lakh crore
- Cairn Oil opts for cluster approach, outsourcing model for new fields
- BHEL bags Rs 486 cr order from NPCIL for Kudankulam project
- Dr. Reddy’s announces the closure of transactions with Upsher-Smith Lab
- Canada’s pension fund OMERS seeks new green energy deals
- Railways seek cabinet nod to build 3 freight corridors at ₹3 trillion
- Investcorp closes maiden India PE fund at₹1,000 cr
- Post-$34 billion acquisition by IBM, Red Hat bets big on India
- Piramal raises ₹1,500 crore from StanChart Bank through NCDs
- IL&FS case: Sebi expands probe into the role of 5 credit rating agencies
- SME credit lending grows at 15.6% YoY; Gujarat top state for MSME lending
- USFDA found different dietary, medicinal claims on Patanjali’s sharbat bottles
- Govt to amend IBC to facilitate mediation for individuals
- Dip in India demand hits Russian diamond miner
- S’pore woes ring trade alarm bells
- Mukesh Ambani keeps salary capped at Rs 15 crore for the 11th year in a row
- First time in a month, forex reserves fall by USD 1.11 billion
- Brookfield to invest Rs 25,215 cr in Reliance’s telecom tower arm