Today's Sector News – 30.07.2019

Today's Sector News – 30.07.2019 
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* AUTOMOBILE: Honda Motor Co has recalled 5,088 units of its previous generation models of Jazz, City, CRV, Civic and Accord in India as part of a global exercise to rectify faulty Takata airbags.

* BANKING: Reserve Bank of India to discuss sovereign bonds on Aug 16 amid risks flagged by economists.

* RAILWAYS: Mobile operators Reliance Jio Infocomm, BHARTI AIRTEL and VODAFONE IDEA have vehemently opposed allocation of premium 700 MHz spectrum to Indian Railways for specific services, citing their commercial value and the potential for 4G and 5G offerings.

* REGULATORY: The Securities and Exchange Board of India is planning to tighten rules for broker
commissions on investment products for the rich as it aims to curb mis-selling and bring in more transparency.

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