India : Business News Headlines – 26 Sep 2016
Mon Sep 26 2016
Ramesh Sridharan (877 articles)

India : Business News Headlines – 26 Sep 2016

Business Standard
Ø  RBI Guv Urjit Patel downplays inflation risk, harps on growth
Ø  COAI voting norms skewed in favour of Airtel, Voda & Idea: Jio
Ø  Never received any money from NSEL’s profit: FTIL
Ø  India’s foreign exchange reserves at $369 billion
Ø  FinMin may talk to EC before finalising Budget date
Ø  Vigilance clearance awaited for new MPC members
Ø  GDP growth to top 8 pc on rains, reforms: Panagariya
Ø  Govt draws up blueprint to deal with sick PSUs
Ø  NITI for 10-yr corporation tax holiday for proposed CEZs
Ø  Farmers demand 25% hike in UP sugarcane price
Ø  ICICI Bank eyes 5 million transactions via voice-recognition
Ø  BSE may launch IPO by fourth quarter of this financial year
Ø  ONGC Board approves pact to take stake in GSPC gas block
Ø  Exim Bank to raise up to $1.5 bn via bonds this fiscal

Business Line
Ø  PE investment falls for 3rd month; August deal tally at $1bn
Ø  63 Moons refutes MCA allegations on shareholder objection
Ø  Cotton assn voices concern over lower crop estimate in 16-17
Ø   Deutsche Boerse to set IT infra for BSE International Exchange
Ø  Uber, Ola services for government officers at special rate
Ø  Vedanta Sesa Goa eyes synergistic integration of biz

Mint

Ø  Congress CMs to press for 18% GST cap
Ø  SC gives one more week to Subrata Roy to surrender
Ø  Sebi tightens norms for private equity deals in listed firms
Ø  Reliance Jio, Idea ramp up claims over interconnection points
Ø  Gross sales at domestic e-commerce firms in October could hit $1.8 billion

Financial Express
Ø  Sebi to beef up cyber security framework for markets
Ø  ‘Substantial rise in CSR spending compared to previous year’
Ø  Snapchat debuts recording ‘Spectacles,’ changes company name
Ø  BPCL may look at increasing Kochi refinery capacity to 22 MT
Ø  ‘Domestic paper industry needs Rs 90k crore investment by 2030’

Financial Chronicle
Ø  India to tap BRICS to meet pulses shortfall
Ø  Life insurers want exemption from new tax regime
Ø  MSP hike may induce farmers to expand cultivation area
Ø  Domestic demand, consumption may spur private capex
Ø  Amtek under I-T lens for alleged price manipulation
Ø  FPIs get direct access to corp bond market

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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