India : Business News Headlines – 11 Nov 2016
Fri Nov 11 2016
Ramesh Sridharan (870 articles)

India : Business News Headlines – 11 Nov 2016

Business Standard
Ø  Dow hits record high as markets ride on Trump win
Ø  Cashless economy: Centre to implement 19 measures to facilitate transition
Ø  Massive cyber attack at five top Russian banks
Ø  India to take up IT sector issues with new US govt
Ø  Demonetisation move positive for banking: Goldman
Ø  Oil Ministry probes role of officials in RIL gas case
Ø  ‘Trump win relief for pharma, note ban to hit HFCs’
Ø  RBI overhauls debt restructuring schemes
Ø  Tata group debt peaked, leverage declined under Mistry
Ø  RBI tweaks rules for reverse repo operations
Ø  NEFT, cheque-clearing operations open on Sat, Sun: RBI
Ø  Govt pegs 2016-17 sugar output at 22.52 MT; down 10.27%
Ø  I-T raids on jewellers to check transactions after demonetisation
Ø  S&P affirms US investment-grade ratings after presidential election

Ø  Tatas charge Mistry with betrayal, mismanagement
Ø  G Mahalingam is SEBI’s new Whole-Time Member
Ø  Donations to temples, FDs in co-op banks under govt scanner
Ø  Tax dept not to hound small depositors: Jaitley
Ø  US diplomat expects further boost to India-US ties
Ø  RBI tweaks S4A debt restructuring norms
Ø  Uber plea against Karnataka licence rules rejected by high court
Ø  Mayawati calls currency curb an undeclared economic emergency
Ø  Australia approves Adani coal mine project
Ø  Bad loan troubles continue at banks

Financial Chronicle
Ø  Narendra Modi may reap $45 billion budget gain on black money crackdown
Ø  Rs 2000 note does not have a GPS-nano chip
Ø  Demonetisation move negative for near term economic activity: Report
Ø  PFRDA proposes introducing Securities Lending and Borrowing Mechanism under NPS
Ø  Cash deposits over Rs 10 lakh to attract I-T scrutiny
Ø  Wockhardt Q2 slides 81.6% to Rs 17cr
Ø  Donations to temples, FDs in co-op banks under govt lens
Ø  Complete uploading of KYC papers by March 31: Sebi to MFs
Ø  Demonetisation decision will help fight economic terrorism: MEA

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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