India : Business News Headlines – 12 Sep 2016
Business Standard
Ø Foreign investors feel tremors of GAAR
Ø Citi, M Stanley to manage stake sale in SUUTI cos
Ø EPF may get 8.6 per cent interest in 2016-17
Ø Raghuram Rajan took many steps to put banking system in right direction: President
Ø EU/IMF rift on Greek debt is hurting country: Tsipras
Ø Government wants PSBs to take equity route
Ø Fin Ministry revises criteria for recapitalisation of PSU banks
Ø FPIs infuse $1 bn in capital markets in Sept
Ø December CPI reading likely to be sub-4%: SBI Research
Ø NSE to permit collateral transfer from September 19
Ø Gujarat plant to help Maruti achieve 50% market share
Ø Voda-BSNL 2G intra-circle roaming pact to tackle call drops
Ø Soaring losses may queer Tata Tele’s spectrum pitch
Business Line
Ø Equities ‘will yield better returns’ than bonds, gold
Ø Solar power industry yet to feel the heat of low tariffs
Ø Automobile industry co-opts EY to drive skill development
Ø India-US economic summit from Sept 14
Ø Kharif sowing till date 4.2 per cent higher than last year
Mint
Ø COAI terms tiff with TRAI as ‘unfortunate misunderstanding’
Ø New lending norms may nudge banks towards retail loans: Arundhati Bhattacharya
Ø DLF to invest Rs500 crore on developing IT park in Chennai
Ø Vedanta shareholders approve merger plan with Cairn India
Financial Express
Ø Funds mop-up via QIPs slumps 90% in Q1
Ø Global markets being jolted by systematic funds
Financial Chronicle
Ø CBEC to be renamed as CBIT under GST regime
Ø Direct selling companies barred from charging entry fee
Ø Cotton stocks come down as supply pressure increases
Ø Three IPOs to hit markets in Sep to raise Rs 7,000-cr
