India : Business News Headlines – 14 Oct 2016
Fri Oct 14 2016
Ramesh Sridharan (870 articles)

India : Business News Headlines – 14 Oct 2016

Business Standard
Ø  Jayant Sinha will continue to head IFC task force
Ø  India needs $1 tn for housing, infra projects: Report
Ø  Retail inflation falls to 4.31% in September
Ø  India is Russia’s ‘privileged strategic partner’: Putin
Ø  Airtel, Voda, Idea, others denying inter-connect: Ringo
Ø  Domestic reforms to cushion India from global shocks: FM
Ø  Rosneft, two others to buy 97.4% in Essar Oil
Ø  BRICS Summit to take steps to strengthen trade
Ø  TCS net profit beats estimates in ‘unusual Q2’
Ø  NYSE listed Aetna enters Indian market with IHO
Ø  India could be at the centre of Suzuki-Toyota deal
Ø  Jubilant Life gets USFDA nod for urinary incontinence drug

Ø  Net direct tax collections up 8.95% in H1 FY17
Ø  Winter session of Parliament to begin from Nov 16
Ø  HDFC’s Rs. 500-cr bond issue opens on Friday
Ø  PNB Housing Finance gets SEBI nod for Rs. 2,500-cr IPO
Ø  Textile Ministry in favour of signing FTA with EU
Ø  Cabinet clears revision in ethanol prices for blending in petrol
Ø  ONGC, United Energy said to vie for $2 billion Chevron fields
Ø  TCS Q2 profit rises 8% to Rs6,590 crore
Ø  Unilever issues warning on India growth in September quarter
Ø  RBI allows banks to consider govt securities towards SLR calculation
Ø  RBI chief Urjit Patel warns of risks from Brexit, US elections

Financial Chronicle
Ø  Sensex cracks 439 points, Nifty settles below 8,600
Ø  Thursday’s sell-off wipes off Rs 1.66 lakh crore of BSE investors’ wealth
Ø  Government approves Rs 1,955 crore road link project
Ø  With 97% rain, India gets ‘normal’ monsoon after 3 years
Ø  Revisit 700 MHz spectrum band pricing: GSMA to govt
Ø  Marginal improvement in biz optimism for Q4: D&B
Ø  IndusInd profit jumps 26% to Rs 704 crore
Ø  Bharti’s debt to rise by $2b on spectrum buys: Moody’s
Ø  Utkarsh raises Rs 395 crore to up domestic holding

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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