India : Business News Headlines – 24 Nov 2016
Business Standard
Ø SBI slashes bulk deposit rates by up to 1.9%
Ø Corus buyout based on long-term strategy: Tata Steel
Ø Sebi tightens promoter-investor profit sharing rules
Ø 30 banks join app-based national fund transfer system
Ø Indian Oil plans expansion of refinery co-owned by Iran
Ø All property records of Delhi just a click away
Ø RIL takes 1st step to software biz with GE tie-up
Ø Survey on Modi app: 93% support demonetisation
Ø Currency in circulation dips 20% in week ended Nov 18
Ø GST Council meet postponed by a week
Ø Jan Dhan account deposits swell, mobilise Rs 21,000 cr
Ø Central banker missing in action as India escalates war on cash
Ø Report holds Hitachi responsible for debit card data theft
Ø Euro zone manufacturing PMI 53.7 vs 53.3 forecast
Mint
Ø SEBI’s start-up boost: allows 200 investors in a scheme
Ø Sun Pharma to buy Russian firm Biosintez
Ø There was no proposal to sell TCS to IBM: FC Kohli
Ø Govt mulls allowing private cars to share rides
Ø Cipla divests stake in US firm Chase Pharma to Allergan
Ø Goldman forecasts deceleration in GDP growth to 6.8% in FY17
Ø Airtel launches India’s first payments bank
Ø RBI governor Urjit Patel keeps a low profile amid note ban
Ø Reliance Capital to sell stakes in radio and TV businesses to Zee Group
Ø Wockhardt gets USFDA warning for violation of norms at UK facility
Ø Reliance Jio fails to hit subscriber base of Airtel, Idea, Vodafone: analysts
Financial Chronicle
Ø BSE Sensex advances 90 points to end at 26,051.81, NSE Nifty finishes at 8,033.30
Ø Morgan Stanley says US Fed rate hike to have negligible impact on Dalal Street
Ø Corporates’ credit profiles to improve on sustained economic growth: Moody’s
Ø Cabinet gives its nod to buy Dornier surveillance
Ø Digital automation will divide job market: Prabhu
Ø Idea to expand 4G services to 20 circles this fiscal
Ø New UK visa rules for non-EU nationals come in force today
Ø Govt asks NABARD to disburse Rs 21K crore to farmers
Ø Marginal rise in professional tax collection in 2015-16
Ø Re set for record low as funds flee
