India : Business News Headlines – 17 Oct 2016
Business Standard
Ø $10 billion unhedged gap may put rupee under pressure
Ø India lost 550 jobs every day in the last 4 yrs
Ø RJio accuses Voda, Idea of violating Trai on PoIs
Ø IEP puts 75% Sagar Ratna stake on the block
Ø BRICS for stronger global commitment to deal with corruption, blackmoney
Ø ‘Oil biz deal will help Essar achieve sustainable path’
Ø India seeks $500-bn BRICS trade by 2020
Ø Essar Oil sale to reduce group revenue by 80%
Ø Mandatory listing of insurance firms on hold
Ø FinMin to issue rules for norms under BEPS
Ø Niranjan Hiranandani spoilt for choice after $1-bn sell-off
Ø Extra conditions for metal scrap import
Ø TCS, Infy to maintain higher margins
Mint
Ø Rural inflation surges ahead of urban price rise
Ø Help local industries support economic growth: AIMO
Ø ‘GST can reduce transportation cost by 20-30 per cent’
Ø S&P Dow Jones readies indices for BSE Intl Exchange
Ø JSW Steel in race for Italian giant
Ø B2B hiring grows 32%; B2C faces restructuring woes
Ø Sebi appoints three-member bench to adjudicate NSEL broker issue
Ø LIC to invest Rs6,000 crore in NHAI bonds
Ø Cipla signs deal to set up first biosimilars unit in South Africa
Ø Brick Eagle set to raise Rs700 crore for affordable housing projects
Ø RBI to allow partial write back of Punjab food credit provisions
Financial Chronicle
Ø Air India mulls Rs 10,000 cr debt rejig under RBI’s new scheme
Ø ZTO Express eyes largest Chinese company US IPO since Alibaba
Ø Chinese goods sale to drop 30 per cent this Diwali: CAIT
Ø US firm to start urea plant in Chandrapur district: Nitin Gadkari
Ø India, Russia to study building $25b pipeline
Ø JV to pump $500 million in Siberian gold mine
Ø Leaders for strong IMF to bridge infra funding gap
Ø New life premiums see 61% rise in September
Ø MFs approach Sebi with 64 new schemes this year
Ø BP Plc gets licence to set up petrol pumps in India
