Morning Business News Round Up_August 05,2016

Morning Business News :

  • Jio 4G services to be at ‘substantially lower’ rates than rivals: RIL
  • Countdown to 4G launch: Jio deploys 1 lakh small cells, 2.50 lakh route km of OFC
  • Chinese brands are here! Vivo, Gionee gain mkt share at the cost of Samsung, Micromax
  • Airlines fear rise in costs because of GST, leading to higher ticket prices
  • New trend: McDonald’s goes on a healthy diet
  • TalentSprint expands leadership team with three new appointments

  • Parliament okays additional grants of Rs 1.03 lakh crore
  • PM Narendra Modi asks 172 IAS officers to study centre, state sites
  • Government expects 50% states to ratify GST bill in 30 days
  • iD Fresh Foods partners with Nilgiri Dairy Farm to produce dairy products
  • Volkswagen starts IT arm to support global brands from Pune
  • Investments in fintech firms at an all time high; Rs 1,245 crore pumped in so far in 2016
  • Biyani’s Future Enterprises plans to raise Rs 1,250 crore
  • French lighting company Mathieu Lustrerie is banking on the new Indian maharajas
  • Suzlon to exit debt restructuring by March 2017: Tulsi Tanti
  • Siemens bags Rs 217 crore order from Power Grid company of Bangladesh
  • Government extends minimum import price on 66 steel products
  • 185 mini steel plans in Chhattisgarh facing trouble: Motilal Vohra
  • Dr Reddy’s acquires Teva’s eight US products
  • Tata Trusts, Gilead sign MoU on viral hepatitis in India
  • Carlyle Group emerges front-runner for Bharat Biotech stake
  • Luxury on offer in India still quite limited: Longchamp CEO
  • LeEco plans to invest $200 million in content for India over 2-3 years

  • Apollo Hospitals to invest Rs. 1,200 cr in oncology segment; to offer proton therapy
  • Comedy, web series combination strengthening YouTube viewership
  • RIL sets record with FY16 investment of ₹1.2 lakh cr
  • Deepak Fertilisers to invest ₹550 crore in new Dahej plant
  • ASCI pulls up firms for 109 misleading ads
  • Tube Investments profit doubles in first quarter
  • Minority shareholders allege violation of Listing Agreement by Cairn India
  • Slowdown in biscuits bites into Parle’s budget 8
  • LeEco’s televisions to be available in offline stores soon
  • ONGC, OIL pay differential royalty on crude oil to Assam
  • Future group, Paytm tie up to take Big Bazaar online
  • SAIL approves VRS to 1,038 employees
  • GE to invest up to $31 mn in Mytrah wind project
  • Suzlon wins 75.6 MW turnkey orders
  • Centre may take money Bill route for next GST laws
  • Govt firm on April 1 deadline for GST
  • Oberoi Realty in talks with Morgan Stanley, GIC for JV
  • Reliance to create ‘omni-commerce’
  • RIL takes aim at gas pricing formula
  • Amazon looks at more online recruitment
  • Total rainfall so far 2% excess of long-period average
  • Mukesh Ambani’s salary remains capped at Rs15 crore for eighth year
  • GST will help firms cut logistics cost by 1.5-2.5%, say executives
  • Ola says it raised Rs384 crore from Vanguard Group in December 2015
  • Bata India to take franchisee route to tap rural and semi-urban markets
  • Air Costa cancels all flights after trouble with lessors

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