*Business Standard*
Ø HUL to acquire K'taka-based icecream brand Adityaa
Ø Buffett's $111 bn cash pile intensifies buyback debate
Ø India a key market for portfolio transformation: Nooyi
Ø DoT amends licence conditions for net neutrality rules
Ø RCom to complete Rs 25K-cr assets sale by Aug-end
Ø HDFC Bank raises fixed deposit rates by up to 0.6%
Ø 10% below-normal rainfall hits sowing of kharif crops
Ø Risks to macroeconomic stability from trade war
Ø No GST refunds for foreigners as of now as there is no provision: FinMin
Ø Bank of Baroda puts Rs 28 billion non-fund exposure under watch list
Ø Mukesh Ambani's Reliance acquires 5% stake in Eros International Plc
Ø Nestle explores inorganic growth route to expand product offering
Ø Maggi hits 60% market share, touches pre-crisis level in value terms
*Mint*
Ø Land acquisition: Govt to credit amount directly to owner’s a/c
Ø Britannia Industries to invest Rs 300 cr in dairy business
Ø HDFC AMC stocks spurt 58% on debut
Ø At 3.5 lakh tonnes, sugar exports way off target
Ø Arvind Ltd’s standalone net down 20% at Rs 64 cr in Q1
Ø US sanctions on Iran cast shadow on Indian exports
Ø Restore LoUs at the earliest with proper safeguards, RBI told
Ø Automobile industry planning ₹ 58,000 crore capex in 2 years
Ø IFC to invest $25 million in Mahindra Rural Housing Finance
Ø BPCL to shut Bina refinery for 45 days from mid-August
Ø Adani Power Q1 net loss doubles to Rs 825 crore
*Financial Chronicle*
Ø Trump tariff fallout: India becomes steel dumping ground; imports from China jump 67%, Japan 47% and Korea 35%
Ø L&T construction arm bags orders worth Rs 1,296 crore
Ø Government sets up two task force for making aircraft, UAVs
Ø Government likely to raise import duty on 300 textile products to boost domestic manufacturing, employment
Ø Britannia proposes stock split, bonus debentures
Ø Regulate global proxy advisers: Uday Kotak
Ø SMP exports dip to 4% from 65% in 4 years
Ø Vehicle scrap policy to see more consultations: Gadkari
Ø Steel majors’ buying of stressed assets to boost consolidation
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