India : Business News Headlines – 27 Sep 2016

Tue Sep 27 2016
Ramesh Sridharan (904 articles)
India : Business News Headlines – 27 Sep 2016

Business Standard
Ø  China slowdown biggest threat to global economy: Ken Rogoff
Ø  Tax dept unveils draft rules for registration under GST
Ø  Trai to issue notice to warring telcos over call drops
Ø  Government plans 3 more sub-funds under NIIF
Ø  ndia likely to import 2 MT wheat to boost supplies
Ø  China must worry about jobs as firms move production
Ø  India’s petrol consumption to grow 6% next FY
Ø  Trade unions to boycott BRICS Labour Ministers meet today
Ø  Govt clears 11 FDI proposals worth Rs 2,325 crore
Ø  Sebi increases checks and balances for brokers
Ø Competition Commission clears CDC Group’s stake buy in IIFL
Ø  Rain Industries opens waste heat recovery based power plant

Business Line
Ø   Bank of India: eyes on stake-sale in insurance arm
Ø  Singapore Exchange aims to host global Masala bonds
Ø  Pfizer concludes Rs. 110cr deal with Piramal Enterprises
Ø  NTPC to raise $500-700 mn via masala bonds
Ø  Marksans Pharma gets nod US FDA nod for Loratadine capsules

Mint
Ø  LIC-sponsored fund seeks relaxed norms
Ø  Bosch share buyback offer to begin on 6 October
Ø  Paytm buys edutech start-up Edukart
Ø  Essar Steel’s lenders are left with just two options
Ø  Sun Pharma sales staff on strike over pending wages

Financial Express
Ø  Vijay Mallya row: DRT to pass interim order in Indigo, GoAir case
Ø  HCL to seek Centre’s nod for Rs 2,200 crore concentrate project
Ø  Vodafone rolls out free 4G data plan to counter Jio impact
Ø  Trademark application filings up 13 per cent in April-June qtr

Financial Chronicle
Ø  Associate banks to soon submit report on amalgamation to RBI
Ø  Momentum losing steam in domestic exchange
Ø  Sensex slips 374 pts as US prez debate looms
Ø  Private capex revival likely to impact CAD
Ø  Global mkts to turn cautious after Fed meet

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