India : Business News Headlines – 20 Sep 2016
Tue Sep 20 2016
Ramesh Sridharan (876 articles)

India : Business News Headlines – 20 Sep 2016

Business Standard
Ø  China’s Dalian Wanda seeks red carpet for $10 bn plans in India
Ø  GST: Clarification likely on Centre’s power to levy excise
Ø  Telcos deposit Rs 14,653 crore for spectrum auction
Ø  Airtel, Vodafone, Jio submit call traffic details to Trai
Ø  NPAs to dip on high industrial capacity utilisation: SBI
Ø  ‘India’s prospects over next 20-30 years look good’
Ø  Government invites application for new Sebi chairman
Ø  Banks want promoters’ guarantee for new loans
Ø  Sebi board meeting could spell bonanza for FPIs
Ø  ICICI Pru Life IPO subscribed 16% on first day
Ø  Asset quality cycle is bottoming for Indian banks: Moody’s
Ø  Sufficient fertiliser, seeds to meet rabi demand: Govt
Ø  CCI approves sale of Jaiprakash’s Bina unit to JSW
Ø  Glenmark announces tie up for anti cancer drug

Business Line
Ø  Investment activity in India likely to revive in mid-term: D&B
Ø  NTPC, EESL sign pact for energy efficient lighting solutions
Ø  MF exposure to bank stocks hits record high of over Rs. 1.05 lakh crore
Ø  Karur Vysya Bank board announces stock split
Ø  Monsoon withdrawal stalled as rains lash Central , West India
Ø  Dr Reddy’s launches generic injection for kidney disease

Ø  Heritage Foods in talks with Future Group for stake sale
Ø  FTIL moves court against ‘possible’ attachment of assets by ED
Ø  Govt plans eight mini labs at ports, airports to monitor drug quality
Ø  Dentsu Aegis acquires PR firm Perfect Relations
Ø  Indiabulls Housing Finance raises Rs1,330 crore via masala bonds

Financial Express
Ø  China facing possible debt crisis: BIS, bank watchdog
Ø  Government taking steps to boost MSMEs: Nirmala Sitharaman
Ø  Limited progress by Renault Kwid in crash test: Global NCAP
Ø  No legal infirmity in GST notifications, says Hasmukh Adhia
Ø  Idea to launch its own TV, Chat, video service by FY’18

Financial Chronicle
Ø  Finmin to pitch for ratings upgrade with Moody’s
Ø  India to clock 8% growth over next few years: S&P
Ø  Oil climbs as Venezuela sees output deal, Libya suffers
Ø  ‘Indian banking outlook stable, NPA formation slow’
Ø  Bank credit to small MFIs comes down to 15% in Q1
Ø  Base metals move divergently on strong fundamentals

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


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