India : Business News Headlines – 07 Nov 2016

Mon Nov 07 2016
Ramesh Sridharan (931 articles)
India : Business News Headlines – 07 Nov 2016

Business Standard
Ø  Banks, LIC told to monitor Tata Group developments
Ø  Tatas postpone investor meet scheduled for Nov 18
Ø  Reliance Industries partners consider joining arbitration in $1.55 bn gas row
Ø  OIL India asks Assam govt to tackle frequent bandhs, disruptions
Ø  Govt plans to stop financial support to tobacco firms
Ø  New GST structure may be non-inflationary: Citigroup
Ø  Govt working on Policy for E-Pharmacy startups
Ø  Government pushes for trade pact among Bimstec nations
Ø  Steel turns dearer as coking coal price surges
Ø  UK’s immigration stance to decide trade deal path
Ø  Coastal economic zones may get 10-year tax exemption in next Budget
Ø  India rises to 2nd spot on global biz optimism index: Report
Ø  Godrej Properties expects Rs 3K-crore revenue from Greater Noida township
Ø  Coal imports decline 13.7% in October

Mint
Ø  FDI in India rises 30% to $21.6 bn in April-Sept
Ø  Boards of Dalmia Bharat, OCL approve merger
Ø  Mumbai Press Club wants Tata Sons to remove TOPS guards
Ø  CII team to visit Bangladesh, explore investment opportunities
Ø  Govt mandates 20% local components in mobiles for export aid
Ø  BSNL approaches Telecom Deptt for 700 MHz spectrum
Ø  GST Compensation Bill to detail revenue foregone by states
Ø  Theresa May flies to India to prepare ground for post-Brexit trade deal
Ø  Apple seeks incentives to set up manufacturing unit
Ø  Private sector NPS subscribers can invest in AIFs, REITs
Ø  Tata Group firms’ independent directors left in the dark on Cyrus Mistry ouster
Ø  Lenders put top NPA cases on standby over S4A norms delay

Financial Chronicle
Ø  Rs 50 crore Oil India Limited StartUp fund for new ideas in oil & gas sector
Ø  Patanjali Ayurved to invest Rs 1,300 crore in Assam
Ø  Rupee One note revived due to better use of technology
Ø  Devendra Fadnavis urges Centre to increase import duty of soyabean to support farmers
Ø  Average size of startup funding up 27% to Rs 4.6 cr
Ø  MF agents oppose Sebi norms for advisory services
Ø  Gilt funds better than direct G-sec investments
Ø  Gold maintains upward trend on global cues
Ø  Private sector needs to invest big-time, says Jaitley

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