Here is a glimpse of the important Market News from today morning across several business newspapers: –
Economic Times – Business Standard
Ø France’s Total in talks with MRPL for fuel retail JV
Ø India still looks attractive among EMs: JP Morgan
Ø ‘Greece does not have money to make June IMF repayment’
Ø China sets up “largest” gold fund for nations along Silk Road
Ø ‘100 smart cities project will be launched any day’
Ø FPIs dump equities, debt over Rs 14,000 cr in May
Ø Traders ask govt to annul 51% FDI policy in multi-brand retail
Ø It’s 2005 once more for consumer goods majors
Ø Adani plans 1,000-Mw solar park in Tamil Nadu
Ø Jaitley, I-T brass meeting on non-adversarial tax regime
Ø RIL to restart petrol pump network by March next year
Ø India Inc willing to wait for recovery under Modi
Ø DLF targets Rs 4,000 crore new sales bookings this fiscal
Ø NBCC okays 10% stake sale via FPO; may raise Rs 900 cr
Business Line – Mint
Ø N Murthy to head SEBI body on alternative investment
Ø AMFI asks funds to avoid bonus stripping plans to check tax evasion
Ø SAIL, ArcelorMittal ink pact for plant in India
Ø Top Indian metal firms bag Platts Global Metals Awards
Ø Adi Godrej sees big growth potential in realty
Ø BSE announces reconstitution of Sensex
Ø CCI orders probe against Jaypee Greens in realty project
Ø Govt plans new oil subsidy rules to push ONGC stake sale
Ø Payment bank licences by December, says Mundra
Ø EDF said to offer €2 billion for Areva’s nuclear business
Financial Express – Financial Chronicle
Ø Top nine Sensex companies add Rs 81,947 cr in market valuation
Ø Domestic investment, agri still challenges: Finance Minister Arun Jaitley
Ø Markets in for a roller-coaster ride, say experts
Ø India set to become water scarce country by 2025: Report