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
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