Today's Top Newspaper Headlines:-
The Economic Times
Singh bros may have to pay Rs 1k cr tax on Daiichi deal
Sebi rejects Ranbaxy promoters' plea for waiver of rules applicable to block deals
Goyal welcomes everyone back
Emotional chairman said he couldn't sleep
Sensex slips to almost 10k, then claws back
FIIs get flexibility in bond investment
The Hindu Business Line
Emami acquires controlling stake in Zandu
Zandu promoters have agreed to sell 18.18% stake to Emami for Rs 242 cr
HDFC Bank Q2 net up 43% on higher interest income
Net interest income grew 60% to Rs 1,867 cr, and advances grew 64% to Rs 1,07,820 cr
No fuel price cut for now: Deora
Hopes to see further reduction in crude oil prices before considering a cut
The Financial Express
MF rating under spotlight
Investors could be in a tight spot as portfolio downgrades loom large
Ranbaxy-Daiichi deal denied block deal route
Off-market deal will mean up to 2k cr in taxes for promoters
Now, Air India to offer staff leave without pay
Air India is expected to post around Rs 2,000cr losses this fiscal
MINT
Despite rising liquidity, Sensex remains volatile
A dramatic rise in cash helps improve mood but stocks hit as investors continue to take cues from foreign markets
Airlines owe oil companies Rs 1,800 cr
This number is the amount owed by the airlines in excess of their credit limits with the oil companies
Carrefour's plans delayed
The French retailer's India expansion plan got another jolt as talks with MGF Developments for a franchisee pact ended without any deal
