India : Business News Headlines – 04 Nov 2016
Business Standard
Ø Panel fixes GST rates At 5%, 12%, 18% & 28%
Ø GST tax structure to bring down inflation: CEA
Ø ‘India’s energy efficiency market at Rs 1.6 lakh crore’
Ø Big oil threatens to break PSU monopoly in India
Ø FIPB to take up 11 investment proposals on Nov 17
Ø Banks can now issue masala bonds: RBI
Ø Investors circle Mumbai airport, eye GVK stake
Ø Tata board endorsed Mistry’s proposal of Welspun
Ø Tata, DoCoMo signal thaw, to seek RBI nod to remit $1.7 bn
Ø Suuti sale: Govt to divest 3% in L&T in block deal
Ø Luxury cars, SUVs will not turn cheaper with GST
Ø Tobacco products to be taxed higher than 28% under GST
Ø Airtel provides additional 7,000 PoIs to Jio
Ø HDFC, ICICI Bank cut home loan rate by 0.15%
Ø Energy firms face Rs 730 cr service tax on royalty payments
Ø Centre to offload 1 mt wheat in open market
Mint
Ø Provisional anti-dumping duty imposed on certain steel products
Ø ONGC, Cairn face Rs. 730 cr service tax on royalty payments
Ø Sterlite Technologies board approves 25% interim dividend
Ø JSPL defaults on interest payment on NCDs
Ø Volvo-Eicher trucks going up the growth curve steadily
Ø Ambuja Cement profit zooms 80% in Sept quarter
Ø Reliance Jio’s struggles with 4G speed may deepen data price war: CLSA
Ø Tata said to seek Modi govt nod to resolve $1.2 billion DoCoMo spat
Ø FSSAI to spend Rs482 crore to upgrade food testing laboratories
Ø Investors stay unconvinced about Tech Mahindra’s recovery
Ø Airtel to get $129 million from Zain in Africa business sale settlement
Financial Chronicle
Ø BSE Sensex ends over 95 points down at 27,430.28, NSE Nifty settles at 8,484.95
Ø 4 workers killed, 13 injured in leakage at GNFC’s Dahej unit
Ø India witnessing ‘jobless’ growth: Kiran Mazumdar-Shaw
Ø GST to be less regressive with lower tax band at 5 per cent: Experts
Ø RIAs can use BSE MF platform from tomorrow
Ø Food law being implemented from Nov: Paswan
Ø Sebi invites bids from agencies for caretaking services
Ø Norms on onetime settlement for debt ridden soon
