India : Business News Headlines – 02 Dec 2016
Business Standard
Ø Reliance Jio’s free data offer to march into next year
Ø Realty investment trusts have $77bn opportunity in India
Ø RBI caps banks’ loan exposure to large borrowers
Ø World-beater status at risk as India rebuts threat to GDP
Ø Aadhaar no. could soon replace all card transactions
Ø Apple plans to set up a distribution centre in India
Ø Bear operators trapped after Opec’s first joint oil cut
Ø Auto sales ride past the potholes of currency purge
Ø Note ban shadow over GST Bill
Ø HC seeks RBI clarification in Tata-DoCoMo case
Ø Huge amount of old notes deposited: Centre to SC
Ø China manufacturing growth in November strongest in 2 years
Mint
Ø Compact segment drives Maruti sales up 14% in November
Ø Mahindra sales down 22% at 32,499 units in Nov
Ø NSE extends currency derivative concession till Dec 31
Ø Dumping duty imposed on axle for trailers from China
Ø Crisil cuts GDP forecast to 6.9% on note crunch
Ø BHEL commissions first unit of Pulichintala hydel project
Ø IFC invests Rs450 crore for 29% stake in Apollo Health
Ø Quadria Capital to fully deploy $300 million fund by March-end
Ø SBI, LIC pension funds bid lowest for fund management under NPS
Ø IRDA allows insurers to invest in additional tier 1 bonds
Financial Chronicle
Ø CCI okays Essar Oil’s $13-bn deal with Russia’s Rosneft
Ø No old Rs 500 notes for fuel from Saturday, toll collection to resume
Ø Indian Rupee softens 13 paise against dollar in early trade
Ø ESIC launches tele-medicines services for Northeast
Ø China, Japan offer business upside for IT firms: Kris Gopalakrishnan
Ø RBI warns banks/public against misinformation on social media
Ø 1.80 lakh ATMs re-calibrated to dispense Rs 500, 2,000 notes
Ø Govt approves new visa to attract foreigners, boost trade
Ø No limit on legitimate gold holding; 500gm cap on married women
Ø $1b FDI in food retail expected, France’s Auchan keen on India
Ø Banks might charge you for ATM resetting adding to cash worries
