India : Business News Headlines – 03 Nov 2016
Business Standard
Ø UK downgrade warned if Brexit deal weakens growth
Ø Govt, 3 PSUs to set up equity fund for renewables
Ø Fed resumes meeting, expected to hold rates steady
Ø Oil down 3 per cent after record US crude build
Ø As China shifts from oil exporter to importer, fortunes change
Ø India to launch clean energy equity fund: Sources
Ø Vodafone case: ICJ rejects plea to replace arbitrator
Ø S&P affirms India’s sovereign ratings, says outlook is stable
Ø Leadership changes on Tata Sons not to impact risk profile: CRISIL
Ø Coal stocks dip in 58 power plants, govt denies shortage
Ø Tech Mahindra bags two contracts from Nordic region
Ø LIC cut investments in Tata group during Mistry tenure
Ø Reliance Jio to install 45,000 mobile towers in 6 months to boost 4G network
Mint
Ø Govt starts review of foreign trade policy
Ø Govt proposes annual surveys on employment and labour force
Ø SEBI revamps secondary market advisory committee
Ø Lupin gets USFDA nod for birth control pill
Ø Support may limit downside in NCDEX turmeric
Ø Welspun India credit rating remains stable
Ø Banks cut lending and deposit rates
Ø Tata empire split as Cyrus Mistry stays chairman of group units
Ø Airtel planning rural expansion, in wake of Jio entry: CEO Gopal Vittal
Ø Mutual funds now hold more Indian stocks than LIC
Ø Bank credit to NBFCs highest in three years: RBI data
Ø Reliance Jio to install 45,000 mobile towers in 6 months
Financial Chronicle
Ø BSE Sensex slides close to 350 points to end at 27,527.22, NSE Nifty settles at 8,514
Ø Fear of Donald Trump Pushes Gold Above $1,300 as Investors Seek Haven
Ø India-China hold JWG meet on setting up Industrial Parks in India
Ø India Inc believes eco faring better; credit an issue
Ø Norms on onetime settlement for debt ridden soon
Ø ‘Remove anomalies across sectors before GST rollout’
Ø PM chairs high-level meet,discusses steps to reduce oil import
