India : Business News Headlines – 29 Sep 2016
Thu Sep 29 2016
Ramesh Sridharan (876 articles)

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’

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

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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