India : Business News Headlines – 03 Nov 2016
Thu Nov 03 2016
Ramesh Sridharan (876 articles)

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

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

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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