India : Business News Headlines – 21 Nov 2016
Mon Nov 21 2016
Ramesh Sridharan (876 articles)

India : Business News Headlines – 21 Nov 2016

Business Standard
Ø  Note ban: Auto industry takes a hit in Nov sales
Ø  Liquidity to stay, rates may fall further: SBI
Ø  Bank account violators will face 7 yrs jail, warns IT dept
Ø  RBI proposes Islamic window in banks
Ø  ‘Mining can add $70 bn to India’s GDP in next 15 yrs’
Ø  Patanjali to acquire more land for Nagpur project
Ø  16 of 22 PSU banks skip dividend in FY16 on mounting NPAs
Ø  Staff crunch likely to restrict I-T scanner on bank deposits
Ø  Cheaper bank loans soon: PM
Ø  PSU bank stocks make the most of demonetisation move
Ø  FPI outflows hit $3 bn in Nov on cash crisis, US rate hike fears
Ø  Govt gets 6 more weeks to respond to Cairn Energy arbitration
Ø  MFs eye Rs 1.5 trillion inflows from HNIs, retail investors
Ø  Oilfield auction: Exxon Mobil, BP, RIL likely to skip

Mint
Ø  Informal GST Council meeting remains inconclusive
Ø  TTK Prestige eyes ₹1,700-cr turnover this fiscal
Ø  Global NCAP gives 4-star rating to Tata Zest
Ø  Maharashtra tops list of internet subscribers in India
Ø  Notes ban to swell digital payment platforms’ kitty: Assocham
Ø  Sebi considers giving a fillip to start-up ecosystem
Ø  New rules on network rollout to reduce call drops: COAI
Ø  APEC summit: China, Russia to push for free-trade area in Asia-Pacific
Ø  Shree Cement in bid to buy Shiva Cement
Ø  Promoter share pledges continue to remain high

Financial Chronicle
Ø  Top companies can shift 40% steel movement to coastal shipping: Government
Ø  Made efforts to ensure actions based on equity: India on COP22
Ø  Stocks may see volatility, demonetisation to hog limelight, say experts
Ø  Fund mop-up via QIP plunges 78% to Rs 2,818 cr in HI FY17
Ø  Mauritius hopes to remain top FDI source despite new treaty
Ø  RBI dispels rumours of fake Rs 10 coins in circulation
Ø  Centre cautions against shady Jan Dhan deposits
Ø  NHPC to refinance Rs 2,000 cr loan; hopes to recover dues

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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