India : Business News Headlines – 28 Nov 2016
Business Standard
Ø TGBL, Tata Steel pass resolutions to stop Mistry
Ø Watsa close to buying stake in Catholic Syrian Bank
Ø RBI lets banks to park old currency at district chests
Ø Rural economy hit hard as informal lending reduces
Ø Airtel Payments Bank opens 10,000+ A/Cs in 2 days
Ø I-T dept asks IDS declarants to pay tax by Nov 30
Ø RIL seeks access to India’s longest LPG pipeline by IOC
Ø E-commerce firms to deduct TCS under GST
Ø India Inc more vulnerable to slowdown than in 2008
Ø Bond yields to rise on incremental CRR
Ø RBI committed to easing pain of honest citizens: Urjit Patel
Ø Cash crisis: Traders’ body seek PM Modi’s, RBI intervention
Ø Tata Sons reaches out to more shareholders as EGMs approach
Ø SBI records of loans to Adani firms cannot be disclosed: CIC
Ø CPPIB strikes largest deal in logistics space
Ø Notifications will be issued for GST rates: Revenue secretary
Mint
Ø Airtel acquires Econet’s stake in Nigerian arm
Ø Economists’ criticism of demonetisation not fact—based: Debroy
Ø Wind sector gasps, seeks breather through extension of sops
Ø Oil regulator opposes govt’s move to give GAIL the run of Eastern gas grid
Ø NTPC-BHEL power gear unit finally up, but downsized
Ø Demonetisation move to scorch dabba trading
Ø Commerce ministry favours ‘restriction free’ gold imports
Ø NSE to auction investment limits for Rs22,171 crore govt bonds
Ø Demonetisation to have gains in long run: Chandrababu Naidu
Ø Service tax department to auction Vijay Mallya plane on 28-29 November
Ø Sebi approves Reliance Infra’s InvIT application
Ø RBI takes surprise action to soak up liquidity
Financial Chronicle
Ø Defer Place of Effective Management, remove tax barrier for startups: Nasscom to finance ministry
Ø Jobs will be safe in MSME sector, govt assures workers
Ø 95 per cent black money intact in non-currency form: CPI(M) leader Brinda Karat
Ø Going cashless: Rising currency-GDP ratio key impediment
Ø Switch to e-payment at the earliest, Centre tells ULBs
Ø New GST model provides for anti-profiteering measures
Ø Demonetisation among 3 most important economic reforms: Tata
Ø PM’s idea of cashless economy unrealistic: Omar
Ø Note ban: ICICI Bank presses into service mobile branches