India : Business News Headlines – 28 Nov 2016
Mon Nov 28 2016
Ramesh Sridharan (876 articles)

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

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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