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Wednesday, 23 August 2017

23 August 2017 News

_Happy Reading_👍🏻

=== *Daily News on 23rd August, 2017* ===

*Mint*

=> Infosys board under fire for scathing note against Narayana Murthy

=> Supreme Court strikes down triple talaq, upholds rule of law

=> India grants Pfizer patent for pneumonia vaccine

=> Bandhan Bank preparing to launch IPO

=> Goa bypolls today: Manohar Parrikar contesting from Panaji seat

=> Government eases environmental clearance rules for solar power projects, parks

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*Business Standard*

=> Infosys spat: Narayana Murthy reaches out to investors today

=> Supreme Court sets aside instant triple talaq in split verdict

=> Retail inflation hits cinema tickets, biscuits, cigarettes

=> Naik bids goodbye to L&T as chairman; gets Rs 32 cr worth leave encashment

=> SBI, govt show interest in Air India's Mumbai assets

=> Enforcement Directorate mulls selling Vijay Mallya's shares in UB
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*Economic Times*

=> Reserve Bank of India to introduce Rs 200 notes beginning September

=> Kaifiyat Express derails in Auraiya district of UP, 50 injured

=> Mobile bills likely to drop 25-30 per cent over the next year: Experts

=> Triple talaq: SC verdict to buttress PM’s image, makes BJP appear ‘gender-just’

=> Railways to hire 2 lakh workers to put safety back on track

=> Idea seeks telecom department’s nod for merger with Vodafone

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*Financial Express*

=> Kaifiyat Express derails in Uttar Pradesh's Auraiya district; 50 reported injured

=> Jio Phone: Reliance Jio launches MASSIVE drive to put cheap phones with rich data packs in most Indians hands

=> Yogi Adityanath led UP turns to Piyush Goyal over coal crisis at power plants

=> In meet with PM Narendra Modi, young CEOs vow to double spends on R&D to boost Make in India mission

=> Donald Trump talks tough on Pakistan's terrorist havens, but options scarce

=> Spectrum payment: Relief for telcos, panel wants time period to be extended from 10 to 16 years

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*Hindustan Times*

=> Aziz Dilip, Bada Seth, Haji Sahab: UK releases 21 aliases of mob boss Dawood Ibrahim

=> Kaifiyat Express derails in Uttar Pradesh’s Auraiya district, 50 injured

=> Supreme Court strikes down instant triple talaq, says practice is arbitrary and unconstitutional

=> Chaos if China follows India's logic and enters Indian territory, says Beijing

=> Forbes highest paid actors list: Shah Rukh Khan, Salman Khan, Akshay Kumar among top 10, but no Aamir Khan in the list

=> Triple talaq verdict: BJP looks set to reap electoral gains, Congress in damage-control mode

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*Indian Express*

=> Govt, BJP hail triple talaq verdict, will ‘wait and watch’ on legislation option

=> Deoband chorus: Discourage triple talaq but Shariat above all laws

=> 19 pro-Dinakaran MLAs meet Governor, say act against EPS

=> India hails Donald Trump’s tough line on Pakistan

=> Kaifiyat Express derailment live updates: At least 50 injured; NDRF team sent to site

=> Srijan scam: Probing ‘shadow investments’, Bhagalpur SIT looks for two political leaders

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23rd August 2K17

*Economic Times*

Ø  Tower cos can cut energy cost by 40% using green tech
Ø  Idea seeks DoT’s nod for merger with Vodafone
Ø  Infy board blaming Murthy to hide own failure: Ex-CFO
Ø  Tax dispute: Delhi HC halts 2nd arbitration by Vodafone
Ø  Murthy to address investors to take on board
Ø  TaMo took unanimous decision to stop Nano: Mistry
Ø  UC Browser under govt scanner over data leaks

*Business Standard*

Ø  GMR lines up Rs 16,000 crore for Delhi airport upgrade
Ø  Essar Oil deal done, hurdles stay for group's steel, power firms
Ø  RBI hikes foreign investment limit in Eris Life to 49% from existing 24%
Ø  Apex Frozen Foods IPO subscribed 40% on first day
Ø  Qatar deposits $7 billion in July to offset crisis outflows
Ø  Enforcement Directorate mulls selling Mallya's shares in UB

*Business Line*

Ø  FSSAI plans food safety index to measure performance of States
Ø  Keeping a watch on Infosys share price: SEBI Chairman
Ø  Ashok Leyland, IIT Madras sign MoU
Ø  LIC Housing Finance looking to boost lending to affordable home segment 3
Ø  Poland's Medicover AB picks up 22% stake in Maxcure Hospitals
Ø  Eros Worldwide offloads 1.17 cr EIML shares to pay debt

*Mint*

Ø  RBI moves forward to battle rupee flood
Ø  Govt eases environmental clearance rules for solar power projects
Ø  Around 100 brokers under lens for helping shell companies
Ø  Essar Oil minority shareholders to earn more on shares tendered during 2015 delisting
Ø  DCM Shriram Industries Q1 net profit at Rs32.58 crore
Ø  PM Narendra Modi tells CEOs to help boost agricultural economy

*Financial Express*

Ø  India’s foreign reserves at record high: DBS
Ø  IRL impact: Hindustan Copper Ltd decides no more exclusive foreign partners
Ø  L&T to sell some non-core businesses to become more nimble
Ø  Micro-finance institutions’ loan portfolio increases 26 pc in Q1 to Rs 35,000 cr

*Financial Chronicle*

Ø  Bank strike impacts Rs 22,000 cr business, some ATMs go dry
Ø  RIL mulls entry into power storage business with BP
Ø  Name & shame default strategy stepped up as NPAs mount