Business Standard
Ø Fiscal deficit to touch 7% in FY21, says Brickwork Ratings, as revenue collection hit by lockdown
Ø HCL’s US arm faces patent infringement claim
Ø Banks told to refund fees for UPI transactions
Ø Nestle says consumer behaviour changing
Ø Lenders hope their loans will be repaid in full after Reliance-Future Group deal
Ø GAIL India looks at petrochemicals, renewables for growth
Ø Refund charges imposed on e-payments since Jan this year: CBDT to banks
Ø Farm sector sees spike in private investment after reforms: Agri secy
Ø Second blow for BoB as RBI rejects plan to send Anil Ambani firms to NCLT
Ø Amazon to stick on as Future Enterprises’ shareholder after Reliance deal
Ø Telecom sector revenue expected to rise 15% in FY21 on higher ARPU: COAI
Business Line
Mint
Ø RBI rejects lenders’ plea to put Reliance Home Finance, Reliance Commercial under NCLT resolution
Ø Massive data breach reported at Paytm Mall
Ø WTO dispute on ICT products: India claims EU, Taiwan violating due procedures on dispute panellists
Ø Reliance Capital defaults on interest payments to HDFC, Axis Bank
Ø FPIs remain positive on Indian markets; invest ₹47,334 crore in August so far
Ø ABB Power increases open offer price marginally after investor complaints
Ø ESAF Small Finance Bank to take call on ₹976-crore IPO after Sept: MD
Financial Express
Deccan Chronicle
Ø India, ASEAN trade ministers call for starting discussions to determine FTA review scope
Ø Probe Chinese investments in 141 prominent Indian startups: CAIT asks Piyush Goyal
Ø Boat Lifestyle eyes Rs 1,000 cr revenue in FY24
Ø COAI predicts 14-15% increase in Telecom Industry’s revenues
Ø ED raids firms running Chinese betting apps, freezes bank accounts
Ø Pandemic gives fillip to demand for cereals; 200 per cent rise in exports in July
