India : Business News Headlines – 06 Dec 2016

Tue Dec 06 2016
Ramesh Sridharan (931 articles)
India : Business News Headlines – 06 Dec 2016

Business Standard
Ø  India can adopt circular economy: UN watchdog
Ø  Nandan Nilekani, wife shop for 2% stake in Fabindia
Ø  Tata Group is nobody’s personal fiefdom: Mistry
Ø  Reconsider crude output cut: India to OPEC
Ø  ‘Demonetisation impact short-term, growth normal’
Ø  Gold imports to dictate size of CAD in H2 of 2017
Ø  Cipla’s inhalable insulin fails to get approval for trials
Ø  Govt aims to generate Rs 1.3 lakh cr from IDS-II
Ø  Mistry wants Govt to ensure transparency in Tata trusts
Ø  India set to become world’s largest e-commerce market
Ø  Adani secures milestone in controversial $16 bn Australian coal project
Ø  Govt urged to freeze stainless steel quality order
Ø  Gold import to determine size of India’s current account deficit : Icra

Mint
Ø  NSE forms selection panel for naming new CEO
Ø  Adani’s Australian mine project gets approval for rail line, camp
Ø  NCDEX switches over to new trading system
Ø  Mahindra Agri picks 60% stake in Dutch fruit distribution company
Ø  IDFC AMC announces launch of Balanced Fund
Ø  Black money estimates overshot as 82% of cash deposited in banks
Ø  Withdrawal of currency notes seen hitting India’s oil demand
Ø  Google DeepMind makes AI platform publicly available
Ø  Realty bites for NBFCs’ business of loan against property
Ø  Amazon rolls out Launchpad in India

Financial Chronicle
Ø  Demonetisation beneficial for organised FMCG players: Dabur
Ø  Indian Rupee adds to gains, up 5 paise against dollar
Ø  Cybercrime: SC issues notice to Google, Yahoo, FB and MS
Ø  Govt employees asked to promote debit card payments
Ø  Tata Power to sell PT Arutmin stake for USD 247 mn
Ø  RBI auctions treasury bill worth Rs 60,000 cr under MSS
Ø  Paytm to merge wallet business with payments bank
Ø  Nissan opens first facility to sell GT-R in India
Ø  Tata Power SED wins Rs 200 cr order from defence
Ø  PM Modi wins online reader’s poll for TIME Person of the Year.

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