* AVIATION: International Lease Finance Co is facing bureaucratic hurdles in exporting the remaining three aircraft that were leased to KINGFISHER AIRLINES.
* BANKING: Government to delay its plan to infuse 140 bln rupees capital in public sector banks.
* COMMODITIES: Andhra Pradesh government plans to set aside 200 mln rupees for market intervention programme to control onion prices in the state.
* CONGLOMERATE: Jaypee group is planning to reduce its debt by 150 bln rupees through sale of assets.
* ECONOMY: The government is looking to allow unlisted companies to list on foreign exchanges as a channel through which foreign capital can flow in, to
fund India 's current account deficit. Morgan Stanley believes that Indian equity market valuations are not cheap yet and there is still scope for additional downside.
-Finance Secretary R.S. Gujral will hold additional charge as Secretary Disinvestment and Secretary Expenditure.
-Government is considering the pros and cons of allowing state-owned companies to issue bonds to non-resident Indians.
-The finance ministry is studying the possible fallout the National Spot Exchange crisis can have on other group entities, and also from a broader systemic perspective.
* ENERGY: The power regulator in Maharashtra has directed all distribution firms to meet their obligations to buy renewable energy in the past four years, and
said they will have to pay a stiff penalty if the backlog of their "renewable purchase obligation" is not cleared by March 2014.
-Coal Minister has said that an inter-ministerial committee will look into the issue of missing files related to coal block allocations prior to 2004.
-The panel formed to look into the issue of compensatory tariffs for imported coal-fired projects of TATA POWER CO and ADANI POWER has submitted its recommendations to the Central Electricity Regulatory Commission.
* INFRASTRUCTURE: India Infrastructure Finance Co is likely to come out with the first tranche of tax-free bonds in September.
-The National Highways Authority of India is planning to scrap six projects worth 40 bln rupees due to land acquisition issues.
-NHAI is looking to scale down its plans to upgrade existing national highways to six-lane roads due to poor progress on them.
* INVESTMENT: The Cabinet committee has cleared 171 projects worth 1.69 trln rupees. Pepsico Inc is among the suitors exploring a bid for India 's Balaji Wafers.
* POLICY: Delhi has become the first state in the country to launch the United Progressive Alliance's food security programme.
* PORT: Eight players, including Adani Ports , Essar Ports , and Dubai Port World, have evinced interest in building the 80-bln-rupee fourth terminal at JNPT.
* REAL ESTATE: Unitech Corporate Parks, a Unitech Group firm listed in London , is negotiating with PE firm Blackstone and Singapore 's sovereign wealth fund GIC to sell its IT special economic zone in Gurgaon for 27 bln rupees.
* REGULATORY: Forward Markets Commission may be brought under the charge of the finance ministry. SEBI has unearthed a SMS scam wherein fraudsters were luring investors with promise of daily returns of up to 75,000 rupees.
-SEBI has sold the entire investment limit in government bonds for foreign institutional investors.
-SEBI has allowed asset management companies to become members of debt platforms of stock exchanges.
-SEBI has proposed a revision to clause 41 of Equity Listing Agreement to improve disclosure standards.
-RBI has cautioned companies against adopting external commercial borrowing route for infrastructure projects.
-RBI will purchase up to 80 bln rupees worth of four government bonds through open market operations on Friday.
* RETAIL: Massimo Dutti is expected to set up stores in India soon.
* STEEL: India 's steel output outshined the world average in July, but lagged behind the Chinese rate of growth, according to data compiled by World Steel Association. India will become a net importer of iron ore in 2013-14 (Apr-Mar) as local production declined because of mining ban in Karnataka and Goa , and delayed restart of production. Coking Coal prices have risen 13% on year in Apr-Jul to 11.2 mln tn.
* SILVER: Household consumption of silver is expected to rise by 25% in calendar year 2013 due to good monsoons.
* TAXATION: Indirect tax collection grew 2.9% in Apr-Jul this fiscal, mainly due to decline in excise duty mop up.
* TELECOM: Growth in GSM subscribers declined in July, with net user addition at 1.49 mln compared with 3.57 mln in June. Telecommunication department defended its decision to allow Telewings Communications, formerly Uninor, to offset the money paid for the spectrum won in November 2012, against its payments for licences in January 2008.
-Department of telecommunication has allowed service providers to migrate to a new regime before the expiry of the existing one.
-Fall in rupee against the dollar has led to decline in net worth of BHARTI AIRTEL, IDEAL CELLULAR and RELIANCE COMMUNICATIONS and may inflate debt of telecommunication companies by 6.5%.
* TRAVEL: Companies are reporting a 15% rise in package costs and a 10% (or more) drop in enquiries in the last fortnight.
* BANKING: Government to delay its plan to infuse 140 bln rupees capital in public sector banks.
* COMMODITIES: Andhra Pradesh government plans to set aside 200 mln rupees for market intervention programme to control onion prices in the state.
* CONGLOMERATE: Jaypee group is planning to reduce its debt by 150 bln rupees through sale of assets.
* ECONOMY: The government is looking to allow unlisted companies to list on foreign exchanges as a channel through which foreign capital can flow in, to
fund India 's current account deficit. Morgan Stanley believes that Indian equity market valuations are not cheap yet and there is still scope for additional downside.
-Finance Secretary R.S. Gujral will hold additional charge as Secretary Disinvestment and Secretary Expenditure.
-Government is considering the pros and cons of allowing state-owned companies to issue bonds to non-resident Indians.
-The finance ministry is studying the possible fallout the National Spot Exchange crisis can have on other group entities, and also from a broader systemic perspective.
* ENERGY: The power regulator in Maharashtra has directed all distribution firms to meet their obligations to buy renewable energy in the past four years, and
said they will have to pay a stiff penalty if the backlog of their "renewable purchase obligation" is not cleared by March 2014.
-Coal Minister has said that an inter-ministerial committee will look into the issue of missing files related to coal block allocations prior to 2004.
-The panel formed to look into the issue of compensatory tariffs for imported coal-fired projects of TATA POWER CO and ADANI POWER has submitted its recommendations to the Central Electricity Regulatory Commission.
* INFRASTRUCTURE: India Infrastructure Finance Co is likely to come out with the first tranche of tax-free bonds in September.
-The National Highways Authority of India is planning to scrap six projects worth 40 bln rupees due to land acquisition issues.
-NHAI is looking to scale down its plans to upgrade existing national highways to six-lane roads due to poor progress on them.
* INVESTMENT: The Cabinet committee has cleared 171 projects worth 1.69 trln rupees. Pepsico Inc is among the suitors exploring a bid for India 's Balaji Wafers.
* POLICY: Delhi has become the first state in the country to launch the United Progressive Alliance's food security programme.
* PORT: Eight players, including Adani Ports , Essar Ports , and Dubai Port World, have evinced interest in building the 80-bln-rupee fourth terminal at JNPT.
* REAL ESTATE: Unitech Corporate Parks, a Unitech Group firm listed in London , is negotiating with PE firm Blackstone and Singapore 's sovereign wealth fund GIC to sell its IT special economic zone in Gurgaon for 27 bln rupees.
* REGULATORY: Forward Markets Commission may be brought under the charge of the finance ministry. SEBI has unearthed a SMS scam wherein fraudsters were luring investors with promise of daily returns of up to 75,000 rupees.
-SEBI has sold the entire investment limit in government bonds for foreign institutional investors.
-SEBI has allowed asset management companies to become members of debt platforms of stock exchanges.
-SEBI has proposed a revision to clause 41 of Equity Listing Agreement to improve disclosure standards.
-RBI has cautioned companies against adopting external commercial borrowing route for infrastructure projects.
-RBI will purchase up to 80 bln rupees worth of four government bonds through open market operations on Friday.
* RETAIL: Massimo Dutti is expected to set up stores in India soon.
* STEEL: India 's steel output outshined the world average in July, but lagged behind the Chinese rate of growth, according to data compiled by World Steel Association. India will become a net importer of iron ore in 2013-14 (Apr-Mar) as local production declined because of mining ban in Karnataka and Goa , and delayed restart of production. Coking Coal prices have risen 13% on year in Apr-Jul to 11.2 mln tn.
* SILVER: Household consumption of silver is expected to rise by 25% in calendar year 2013 due to good monsoons.
* TAXATION: Indirect tax collection grew 2.9% in Apr-Jul this fiscal, mainly due to decline in excise duty mop up.
* TELECOM: Growth in GSM subscribers declined in July, with net user addition at 1.49 mln compared with 3.57 mln in June. Telecommunication department defended its decision to allow Telewings Communications, formerly Uninor, to offset the money paid for the spectrum won in November 2012, against its payments for licences in January 2008.
-Department of telecommunication has allowed service providers to migrate to a new regime before the expiry of the existing one.
-Fall in rupee against the dollar has led to decline in net worth of BHARTI AIRTEL, IDEAL CELLULAR and RELIANCE COMMUNICATIONS and may inflate debt of telecommunication companies by 6.5%.
* TRAVEL: Companies are reporting a 15% rise in package costs and a 10% (or more) drop in enquiries in the last fortnight.
