India : Business News Headlines – 08 Nov 2016
Business Standard
Ø Tata-Mistry feud: Cos may suffer debt blow if Tata guarantees expire
Ø ‘UK eager to have free trade agreement with India’
Ø Indian cos eyeing to raise money through masala bonds
Ø UK wants India to speed up Vodafone, Cairn arbitration
Ø ‘Clinton win may pose pricing challenges for pharma’
Ø Hotel Industry warns tourism will suffer at 18% GST
Ø 4G expansion to take tower cos to new heights
Ø Barack Obama leaves behind a legacy & debt burden
Ø 3 Tata directors hired minutes before AGM
Ø Rural economy to be 2017-18 Budget’s highlight
Ø $1.55 bn penalty sought from RIL exaggerated, say analysts
Ø Theresa May visit: India, UK to sign over Rs 8,300 crore business deals
Ø Cabinet to take final call on listing of PSU insurers this month
Ø ICICI Bank Q2 net up 2.37% at Rs 3,102 crore
Mint
Ø Cognizant Q3 net up 12% at $444.4 mn
Ø MCX aluminium hovers at crucial resistance
Ø Nifty 50 futures listed on Taiwan Futures Exchange
Ø Britannia Q2 consolidated net up 5.80% at Rs 234 cr
Ø 4% price fluctuation limit in pepper futures irks traders
Ø Defence Ministry approves new blacklising policy
Ø Rupee closes marginally lower against US dollar
Ø Cairn-ONGC deal: Delhi HC gives Centre one last chance
Ø Cognizant finds ‘improper payments’ of $5 mn made in India
Ø United Bank of India’s Q2 net profit falls 30% to Rs43.53 crore on bad loans
Ø Cyrus Mistry said to have proposed doubling dividend to Tata’s owners
Financial Chronicle
Ø BSE Sensex ends over 95 points down at 27,430.28, NSE Nifty settles at 8,484.95
Ø Delhi High Court asks Hotel Leela Venture to pay Rs 258 crore royalty to AAI
Ø India hopes early extradition of Vijay Mallya after May-Modi talks
Ø Farmers stage protest at WHO tobacco conference venue
Ø Central govt may opt for fiscal deficit band
Ø Gold falls most in a month as FBI’s late twist favours Clinton
Ø Future Group signs pact to acquire Heritage Foods biz
Ø Foreign investors seek speedy resolution of Tata-Mistry feud
Ø High imported coal price may hit power sector
Ø Britain’s exit from EU a ‘positive’ for India: Sunil Mittal