India : Business News Headlines – 29 Sep 2016
Business Standard
Ø COAI’s ‘back door’ remark contempt of court: Jio
Ø Alternatives to bank credit de-link GDP: RBI Dy Gov
Ø Sebi allows options trading on commodity exchanges
Ø Securitisation volumes set to rise this year: Crisil
Ø Cabinet decides to ratify Paris agreement
Ø NSE extends concessional transaction fee in equity derivatives
Ø Wal-Mart in talks to invest $1 billion in Flipkart: Report
Ø Anheuser-Busch to pay US SEC $6 mn to settle India bribery charges
Ø Sebi tightens warehousing norms for commexes
Ø 17 sick PSUs set to be closed down
Ø M&M to buy European 2-wheeler subsidiary
Business Line
Ø ICICI Pru Life to debut in stock market on Sept 29
Ø Jim Yong Kim re-appointed as World Bank President for 2nd five-year term
Ø Cipla to focus more on US; next-gen steps up
Ø RCX to approach SEBI seeking easier norms for regional comexes
Ø Cabinet approves ratification of climate change deal
Ø ‘Banks may have to increase provisioning for bad loans’
Mint
Ø Sebi nudges mutual fund industry to advertise direct plans
Ø Federal Reserve may change stress tests, capital buffers for US banks: Janet Yellen
Ø Liberty bids nearly £100 million for two Tata Steel UK units: report
Ø Govt to sell 7% stake in Hindustan Copper today
Ø Reliance Jio preferred as secondary SIM, finds mobile user survey
Financial Express
Ø Sensex snaps 3-day losing streak, ends 69 points up
Ø Srei Infrastructure Finance raises Rs 350 crore via NCDs
Ø India remains a promising market for IPOs: EY
Ø Anand Mahindra warns of ‘demographic disaster’ sans jobs
Ø IMF chief sees lower US growth, calls trade barriers ‘malpractice’
Financial Chronicle
Ø Tax drive offers no absolution, to yield little cash for govt
Ø Govt nod for Rs 2,256 cr project for GST integration
Ø Cabinet clears IOC-OIL-BPCL’s Russian stake buy
Ø RBS to pay $1.1b to resolve its US mortgage claims
Ø Reliance Cap hints at listing of more subsidiaries
Ø ONGC board divided on shah panel suggestions
