India : Business News Headlines – 26 Sep 2016
Mon Sep 26 2016
Ramesh Sridharan (870 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


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

Copyright (2016) ©

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