Here is a morning market glimpse of the important News across several business newspapers: –
Morning Market Glimpse – Economic Times – Business Standard
Ø No central help to state-run power discoms: Goyal
Ø Govt to revive investment for 42 stalled projects
Ø EPFO taps LIC to understand market investments
Ø Greece, creditors trade barbs over EU reform demands
Ø Government further relaxes norms for companies
Ø ONGC to invest Rs 41,678 crore on new fields
Ø Mauritius regains top slot as source of FDI in India
Ø SpiceJet to expand fleet after regaining consumers’ trust
Ø India Inc staring at huge losses in foreign arms
Ø 25 foreign investment proposals on FIPB agenda
Ø Nestle spends Rs 19 cr for quality testing, Rs 445 cr for ads
Ø Centre firms up plan to develop ports, shipping and waterways
Ø Yes Bank shareholders approve Rana Kapoor as MD, CEO
Ø Acquisitions to bring in $1.5 bn additional revenues: Infosys
Ø India’s steel & power project in Afghanistan face hurdles
Morning Market Glimpse – Business Line – Mint
Ø Steel prices may stay under pressure in FY16: Moody’s
Ø Sahara seals Rs 5,500-cr debt deal for foreign hotels: Report
Ø Ruchi Soya in pact with Solidaridad to boost palm oil production
Ø Bangladesh offers two SEZs to Indian companies
Ø CBI may close Hindustan Zinc Ltd disinvestment probe
Ø Foreign outflows to continue as other markets become attractive: HSBC
Ø Reliance Power, Adani to invest $5.5 billion in Bangladesh power projects
Ø Consumer confidence yet to translate into consumption: HUL
Ø Yes Bank shareholders approve fundraising up to $1 billion
Ø Bhushan Steel lenders to refinance firm’s loans under 5/25 scheme
Ø Limit thematic fund to 20% of a diversified portfolio
Morning Market Glimpse – Financial Express – Financial Chronicle
Ø Vodafone says regulatory hurdles hampering India’s growth
Ø Black money: Instill fear of jail and social censure in tax evaders, says CBDT
Ø Deutsche Bank makes John Cryan CEO after Anshu Jain, Juergen Fitschen resign
Ø FIIs emerge as net sellers in stock markets for first time in 21 months
Ø Government seeks damages from Nestle after noodle scare
Ø First set of small, payment bank licences in 2 months: RBI
Ø FM to meet heads of PSU banks this week
Ø Mutual Funds attract Rs 4,200 cr in May
Ø IIP, inflation data, monsoon key for markets this week: Experts
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