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07-07-2019, 10:22 PM
Morning News Call - India, July 8

To access a PDF version of this newsletter, please click here http://share.thomsonreuters.com/assets/newsletters/Indiamorning/MNC_IN_07082019.pdf If you would like to receive this newsletter via email, please register at: http://solutions.refinitiv.com/MNCIndiaSubscriptionpage FACTORS TO WATCH 4:00 pm: Finance Minister Nirmala Sitharaman to meet RBI board in New Delhi. INDIA TOP NEWS • India proposes higher minimum public shareholding in listed companies India proposed raising the minimum public shareholding required in listed companies to 35% from 25%, in a surprise move on Friday that triggered concerns there will be a lot of enforced share sales. • PNB says detects 38 billion rupee fraud Punjab National Bank (PNB) on Saturday said it had reported a borrowing fraud of 38.05 billion Indian rupees in Bhushan Power & Steel's account to the country's central bank.

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