*TCS buyback*
Tender open - 6 sept
Tender close - 21 sept
Settlement - 3rd October
*Three Mainboard IPOs to hit in September*
1.Lodha Developers Limited
2.Mazagon Dock Shipbuilders Limited
3.Aavas Financiers Limited
Business Standard
Ø Supply risks building, crude oil can hit $80 a barrel
Ø DeMo achieved objectives quite substantially: Govt
Ø Airtel shareholders approve merger proposal with Tata
Ø Varde, Birla are said to create $1 bln joint venture
Ø Indian Oil earmarks Rs 22,000-crore capex for FY19
Ø Nalco pays record dividend of Rs 1,102 cr for FY18
Ø 'Awaiting banks' reply on Reliance Naval resolution plan'
Ø Almost all of demonetised currency came back; 99.3% returned, says RBI
Ø ICICI Bank tells Sebi it was unaware of conflict of interest
Ø Anil Ambani's RInfra completes sale of Mumbai power assets biz to Adani
Ø Centre to ask Johnson & Johnson to pay up in hip implants case
Ø RBI urges govt to expedite reforms for twin balance sheet problem
Mint
Ø NCLAT admits Mistry’s plea against NCLT order upholding his removal
Ø Rupee slides 49 paise to end at record low of 70.59 vs dollar
Ø MUDRA launches major impact study of loans to SMEs
Ø Lanco Babandh faces insolvency proceedings; NCLT appoints IRP
Ø To reduce debt, IL&FS to go for Rs.4,500-cr rights issue, divest assets
Ø LIC Board to meet on 4 September to decide modalities for raising stake to 51% in IDBI Bank
Ø Aston Martin makes long-awaited move for IPO in London
Ø Disclose names and action taken against wilful defaulters: CIC
Ø Aditya Birla, Varde to set up $1 billion JV to buy stressed assets
Ø Tata Power-backed Resurgent set to buy 75% stake in Prayagraj
Financial Chronicle
Ø Stressed power assets: Panel to discuss ARC, no fiat to RBI under Section 7
Ø IOC to invest Rs 286 crore to expand LPG bottling output in north-east India by 2020
Ø Financial fraud: Ministry of corporate affairs to crack down on firms
Ø All realty projects to eventually come under RERA ambit, says minister
Ø Nomura pegs total stressed assets at Rs 16.30 lakh cr
Ø India remains preferred destination for FDI
Ø Principal buys out Punjab National Bank in AMC
Ø Wipro bags multi-year deal with Denmark company
Ø FPIs pullout $280m, DIIs pour $10b so far this year
Ø Electrosteel Steels trade at wide gaps on bourses
Ø Vedanta corners 41 oil blocks in OALP Round-1
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