India : Business News Headlines – 13 Dec 2016
Business Standard
Ø Note ban likely to fetch government Rs 2.5 lakh crore:KV Kamath
Ø Not taken any step to cancel Axis Bank licence: RBI
Ø Energy innovation is focus of Bill Gates-led $1 bn fund
Ø RBI asks banks to maintain records of new currency
Ø EPFO likely to hike monthly wage ceiling to Rs 25K
Ø Investors rush to put money in MF as deposit rates fall
Ø Singh bros in talks with TPG to sell 26% in Fortis
Ø FPIs shunning Indian debt for other markets
Ø IT ministry asks telcos for cashless action plan
Ø Support for demonetisation declining among citizens: Survey
Ø Discount on petrol, diesel buy via digital mode from midnight
Ø ‘Undisclosed buyer’ to buy 1.73% in Tata Motors on Tuesday
Ø Foreign investors in bond-selling frenzy
Ø Glenmark eyes big growth in US with cholesterol drug launch
Mint
Ø PE, venture capital investments slump 50% in Nov
Ø Govt to notify scheme for taxing black money holders this week
Ø Sun Pharma, Moebius tie-up to develop osteoarthritis pain drug
Ø Anti-dumping duty on steel pipes from China mooted
Ø Gujarat Ambuja Exports to mull buyback
Ø GAIL gets extension for pipeline
Ø Petrol, diesel payment using cards to get discount from midnight: IOC
Ø Bharti Airtel toes Reliance Jio line on bundled tariff plans
Ø DLF’s debt woes to linger as stake sale deal gets delayed
Ø Oil prices jump to 18-month high as OPEC and rivals agree on historic deal
Ø Axis Bank to raise Rs3,500 crore through NCDs
Ø Bill Gates, other super-rich back $1 billion energy fund
Financial Chronicle
Ø China’s bond default risks set to rise in 2017: Chengxin
Ø Indebtedness higher in villages at 31.1% than 22.4% in cities
Ø Modi government stings 500 bank branches; bad days ahead for corrupt bankers
Ø India’s MRO sector growing fast, revenues pegged at $975 million
Ø UK to cut student visas by half: Report
Ø Mistry removed as Tata Industries director, no more chairman
Ø MFs emerge as counterweight to FPIs in equity market
Ø Uttar Pradesh garners maximum deposits under Jan Dhan
Ø Aadhar may levy tax on banks
Ø India’s coal demand to see biggest growth globally
Ø Tata Motors to hike passenger vehicle prices by up to Rs25,000
