India : Business News Headlines – 14 Dec 2016
Wed Dec 14 2016
Ramesh Sridharan (876 articles)

India : Business News Headlines – 14 Dec 2016

Business Standard
Ø  RBI is now tracking every new note in circulation
Ø  Mistry claims ‘moral victory’ after being removed as TCS director
Ø  India’s CAD in July-Sept at 0.6% of GDP: RBI
Ø  Tata Sons buys stake worth Rs 2,430-cr in Tata Motors
Ø  Banks received $184 billion of old notes so far: RBI
Ø  Cashless fuel sales discount: State oil firms may take Rs 5,000 cr hit
Ø  State finances to be hit on account of demonetisation
Ø  Nov CPI inflation cools to two-year low of 3.63%
Ø  FM Jaitley hints at tax rate cut
Ø  Airtel Payments Bank to charge 0.65% cash withdrawal fee
Ø  EPFO might retain 8.8% interest rate for subscribers
Ø  Retain CCTV footage from Nov 8-Dec 30: RBI to banks
Ø  Jaiprakash-JSW deal for Bina plant in slow track
Ø  Hyundai India to raise prices by up to Rs 1 lakh from January
Ø  Minority shareholders move Bombay HC against Wadia’s removal

Mint
Ø  FSSAI notifies standards for caffeinated beverages
Ø  Bank credit plunges by Rs 61,000 cr
Ø  Cash squeeze: ADB slashes India’s 2016 growth estimate to 7%
Ø  Tata Global re-enters ayurvedic tea segment with Teaveda
Ø  Demonetisation impact: Dec quarter growth may slip to 5.5-6%, says BofA-ML
Ø  CoCubes ranks among 50 fastest growing tech cos in India
Ø  Outlook negative for Asia-Pacific banks: Moody’s
Ø  Nusli Wadia alleges lapses in corporate governance at Tata Sons, Tata Trusts
Ø  SBI Life’s numbers support deal valuation
Ø  Turkey catapulted above India as government revises GDP math
Ø  Mail Today to become wholly owned subsidiary of TV Today
Ø  Airtel toes Reliance Jio line on bundled tariff plans

Financial Chronicle
Ø  Demonetisation: None of mobile payment apps in India fully secure, says Qualcomm
Ø  Coal India Ltd’s Q2 profit falls 77% to Rs 600.17 cr
Ø  Pokemon Go comes to India; Reliance Jio & Niantic tie-up to bring the game here
Ø  FCRA licence of Teesta Setalvad’s NGO renewed
Ø  Little rise in sales won’t attract I-T attention
Ø  Fund raising via QIPs slumps 66 pc to Rs 4,300-cr in Apr-Oct
Ø  Irdai slaps Rs 20 lakh penalty on Birla Sun Life Insurance
Ø  Steel pickling units will be shut: Delhi govt assures NGT
Ø  World Bank ‘pauses’ Indus treaty processes of India, Pak

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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