Business Standard

Ø  IBC has put recovery process on fast track: Ficci Survey

Ø  Over 200 rail projects report Rs 1.82L cr cost overrun

Ø  BPCL gets green nod for ethanol project in Odisha

Ø  SBI to sell two NPAs worth Rs 2,490 crore

Ø  PVR to buy SPI cinemas in deal valued at over Rs 850cr

Ø  Adani walks away with gas rights for 21 cities

Ø  Govt draws up new bailout plan for Air India

Ø  PSBs to be recapitalised in Q4 FY19, exercise linked to progress on reforms

Ø  GVK plans to raise Rs 135 billion for Navi Mumbai airport project

Ø  Manufacturing sectors with high production growth rose in Q1: CII

Ø  Investors want higher price in Fortis open offer; IHH unlikely to oblige

Ø  Indian Oil posts 50% jump in quarterly profit as refining margin doubles

Mint

Ø  India’s economic growth to improve in coming quarters: CII-ASCON

Ø  No GST on fortified toned milk, but treatedtamarind kernel powder to attract 5% tax

Ø  DGCA to conduct financial audit of Jet Airways

Ø  RCEP trade ministers to meet on Aug 30-31 in Singapore

Ø  NBCC standalone net at Rs.67.66 cr

Ø  Hindalco to pre-pay Rs.3,000-cr debt this fiscal

Ø  Saudi Arabia fund in talks to invest in Tesla buyout deal

Ø  Rafale deal from Dassault, not defence ministry: Reliance Group

Ø  India Cements Q1 profit falls 34% to ₹26 crore

Ø  Tata Motors global sales fall 5% in July

Ø  Monsanto fined $289 million in world’s first Roundup cancer trial

Ø  FinMin unlikely to heed RBI’s demand for greater power over PSU banks

Financial Chronicle

Ø  Auto industry raises concerns over proposed changes in import regulations

Ø  RBI net sells USD 6.184 bn of US currency in June

Ø  DCM Shriram to invest Rs 1,300 cr to expand sugar, chemical business

Ø  FPIs infuse Rs 8,500-crore in capital markets in just 8 trading sessions

Ø  FY19E earnings likely to grow by 22.8%

Ø  Sebi seeks to make MFs more cost effective

Ø  Coal India pushes back output target

Ø  More education loans turn ‘bad’ in three fiscals

Ø  CPSEs to soon monetise assets, SAIL, NTPC to take lead