India : Business News Headlines – 17 Nov 2016
Thu Nov 17 2016
Ramesh Sridharan (876 articles)

India : Business News Headlines – 17 Nov 2016

Business Standard
Ø  Modi’s new strike against black money backfires
Ø  Banks, POs to report cash deposits over Rs 2.5L
Ø  Centre circulates draft GST law with states
Ø  Cabinet may soon consider complete FDI ban in tobacco sector
Ø  Iron-ore production jumps 25% in Apr-Sept
Ø  FSSAI to set up food safety standards review panel
Ø  Airtel may turn around Africa operations in FY18
Ø  Mistry sends legal notice to Tata Global
Ø  Vijay Mallya loan not waived off, says Arun Jaitley
Ø  No intention to demonetise Rs 100/50 notes: Govt
Ø  New Japan real estate loans hit record, eclipse bubble economy peak
Ø  UK, US markets can boost Cipla’s fortunes
Ø  Rupee tumbles by 20 paise to 67.94 against a strong dollar
Ø  LafargeHolcim increases stake in ACC & Ambuja

Mint
Ø  Expert panel mooted for fixing poverty line
Ø  Former RBI Governor Subbarao hails govt’s decision on note ban
Ø  Axis Bank cuts MCLR rate by 0.15-0.20% from Friday
Ø  Nasscom cuts growth forecast to 8-10% for 2016-17
Ø  Hindalco eyes value-added products for margin boost
Ø  Note ban fallout: LIC extends grace period for premium payment
Ø  Subbarao warns RBI against taking unclaimed notes as profit
Ø  Narendra Modi faces risk of economic stress as cash runs short
Ø  Tata Tech stake sale talks on; deal may take longer
Ø  NSE may divest 25% stake via OFS route
Ø  Brexit immigration crackdown may affect Google’s future plans: Sundar Pichai
Ø  Bharti Airtel, Robi Axiata complete merger in Bangladesh

Financial Chronicle
Ø  RIL slaps arbitration notice on government over $1.55 bn demand: Dharmendra Pradhan
Ø  Cyrus Mistry takes first legal action, sends notice to Tata Global Beverages
Ø  Cut Corporate tax to 25%, hike exemption limit to Rs 5 lakh: Assocham
Ø  Microsoft chairman Bill Gates meets Prime Minister Narendra Modi
Ø  India Inc overseas direct investment dip 29% to $2.11b in October
Ø  Overall FTA effect on trade positive: Nirmala
Ø  MF industry looks to ramp up investor base to 9cr in 5 years
Ø  RBI set to cut rates in December: Kotak
Ø  Coalscam: Court grants CBI a month more to file probe report

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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