India : Business News Headlines – 18 Nov 2016
Fri Nov 18 2016
Ramesh Sridharan (876 articles)

India : Business News Headlines – 18 Nov 2016

Business Standard
Ø  No shortage, RBI supplying adequate money: FM
Ø  TCS EGM on Dec 13 to remove Mistry as director
Ø  ICICI, HDFC Bank cut FD rates by 0.25%
Ø  RBI forms task force to ease currency exchange in Nepal
Ø  RBI could use proceeds to retire part of govt debt
Ø  Iran overtakes Saudi Arabia as top oil supplier to India
Ø  Microfinance players may be hit: India Ratings
Ø  Sebi tightens insider trading norms at AMCs
Ø  RBI lifts restriction on FPI investment in bonds
Ø  Janet Yellen says Fed could raise interest rates ‘relatively soon’
Ø  India software revenue to touch $5.8 billion in 2017: Gartner
Ø  FIIs pulled out $1 billion in five trading sessions
Ø  DIIs emerge as strong counter balance to overseas funds
Ø  Demonetisation: Get Rs 2,000 cash from petrol pumps Nov 24 onwards

Mint
Ø  CII calls for single-window clearance for mine allocation
Ø  Rupee up 11 paise against dollar in late trade
Ø  Centre moves Supreme Court to stay proceedings against demonetisation
Ø  Lupin gets USFDA nod for generic pain relieving drug
Ø  Federal Bank ties up with Oxigen for cash management services
Ø  Replacing scrapped Rs500 and Rs1,000 notes may take six more months
Ø  Vedanta revokes suspension of operations at Bicholim mine in Goa
Ø  Facebook buys facial recognition tech start-up FacioMetrics
Ø  JPMorgan to settle US government probe of China hiring: report
Ø  Indian IT sector growth forecast lowered on Brexit, Donald Trump

Financial Chronicle
Ø  Demonetisation to have temporary impact on MFIs, borrowers
Ø  Govt approves Rs 6,068 crore highway projects in 8 states
Ø  India comes in at 25 among 27 pension systems globally
Ø  Air India posts Rs 246 cr operating loss in April-June quarter
Ø  RCom creates new infra company Towercom
Ø  No question of roll back of demonetisation: Jaitley
Ø  Mistry skips 2 key board meets of Tata group firms
Ø  Sebi eases PAN verification process for FPIs
Ø  Scheme to construct 1 cr house in 3 years on: Govt

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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