India : Business News Headlines – 12 Sep 2016

Mon Sep 12 2016
Ramesh Sridharan (911 articles)
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

Ramesh Sridharan

Ramesh Sridharan

Ramesh Sridharan is our Stock Market Correspondent covering events and daily movements of stock markets in Asia. He is based in Mumbai