India : Business News Headlines – 17 Oct 2016
Mon Oct 17 2016
Ramesh Sridharan (877 articles)

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

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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