- A big boost to roads is coming up with new corridors planned by the government. Reminiscent of the road-building push in the US through the 1960s, the Indian government will be building over Rs 3 lakh crore worth of economic corridors over 35,000 km, as well as feeder roads to help decongest Indian cities. Livemint
- Wary of Jio, Vodafone has announced new plans to invest $3 billion into Vodafone India, and is also reviewing timelines for an Indian IPO. Vodafone India may be the biggest bidder for the upcoming spectrum auction that starts on October 1. ET
- ICICI Prudential IPO may have lost first mover advantage to HDFC Max Life, but the IPO may still be a good bet, with its valuation 10-20% lower than its competitor. Livemint
- GMR Group has shortlisted Apollo Global, a private equity firm, as the likely buyer for 30% stake in the Hyderabad airport. The purchase may go through at a price tag of Rs. 2,000 crore, which would contribute to reducing GMR's debt and giving the company enough cash to invest in new projects. BS
- Photo of the day: An image from another world, a sloping hillside on Mars. Photographed by NASA's Curiosity rover. Caltech/NASA
