Morning Market Glimpse 08.06.2015

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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