Economic Times Business Standard Ø RBI chief Rajan calls - TopicsExpress

Economic Times Business Standard Ø RBI chief Rajan calls for better bankruptcy laws Ø Lenders may tighten screws on Bhushan Steel Ø Merging strong banks ideal, need to be careful: RBI Ø Tata Power plans to sell non-core investments to reduce debt Ø Subrata seeks 15 days more from SC to wind up negotiations Ø Airtel may have to surrender excess spectrum Ø Over Rs 24K cr allocation to boost MSME sector in 12th Plan Ø Lanco sells Udupi plant to Adani for a record Rs 6,000 cr Ø Tata Steel Q1 net plunges 70% to Rs 337 cr Ø ONGC Q1 net up 19% but misses analyst estimates on higher subsidy discounts Ø Indian drug makers capex to surge 40% : CRISIL Ø LIC International eyeing tie-up with financial institutions in Bahrain Ø NSE asks brokers to obtain client details by Aug 19 Business Line Mint Ø Titagarh Wagons set to make tractors Ø Claris Lifesciences consolidated net profit at Rs. 15 cr in Q2 Ø China probing over 1,000 auto firms for anti-trust violations Ø GVK Power to focus on consolidation, not new projects Ø Govt crosses one step to scrap collegium system Ø FII inflows into debt markets exceed inflows into stocks Ø Car firms sell spare parts over the counter amid CCI probe Ø World awash in oil shields markets from 2008 price shock Ø Jyothy Laboratories net profit up 72% in June quarter Ø Auchan, Max Hypermarket part ways over FDI compliance issues Financial Express Financial Chronicle Ø USD 2 trillion needed by 2022 to provide housing for all Ø India considers allowing Euroclear settlements for only some investors Ø MCX Q1 net profit down 61 pct at Rs 23.4 cr Ø AirAsia India cuts airfares, offers 20% discount Ø Unitech Q1 net profit plummets 91 pct on losses in telecom business Ø NDA govt will not entertain FDI in multi-brand retail Ø FTIL Q1 net profit up 58% at Rs 128 cr Ø CCS to clear FDI proposals in railway beyond 49% in sensitive area Ø Investors pour in Rs 1 lakh cr in mutual fund schemes in July Ø PFC hopeful of recovering largest Rs 1,100 crore NPA Ø Tax benefits for SEZs likely to be restored

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