India : Business News Headlines – 15 Dec 2016
Business Standard
Ø Fed raises rates for 2nd time since Great Recession
Ø Back-dated FDs may be behind huge deposits by co-operative banks: Taxmen
Ø India Inc’s overseas investment plunges 71% in Nov
Ø NTPC to replace 25 year old power plants in 5 years
Ø NSE to file DRHP for IPO by Dec 20: chairman
Ø CBDT warns of penal action if I-T returns are ‘drastically’ changed
Ø V K Sharma appointed LIC chief for 5 years
Ø Mistry claims 78% retail investors opposed his removal
Ø RBI unwilling to cede control over payments regulations
Ø Trump appoints PepsiCo CEO Indra Nooyi to strategic, policy forum
Ø CDSL to file IPO documents this month
Ø DoT issues demand-cum-show notices to six telcos for Rs 29k cr
Ø Commodity blow for Corporate India
Ø Steel units want lifting of embargo on day movement of iron ore
Ø Reliance Jio brings Pokemon GO to India
Mint
Ø Govt trying to implement GST from April 1: Rajnath
Ø Domestic shareholders pare, FIIs add, stake in NSE
Ø Delhi HC to hear pleas against demonetisation on Dec 22
Ø India is expected to outshine its EM peers, says Karvy wealth report
Ø JPC on land acquisition Bill gets eighth extension
Ø Wipro splits its India-Middle East business in two
Ø Start-up can forecast GDP by using satellite images of night lights
Ø Organic growth much cheaper than acquisitions: Shree Cement’s Hari Mohan Bangur
Ø 99% Indian households are covered by a bank account
Ø MS will soon release an AI translation app for Windows
Financial Chronicle
Ø US economic growth has picked up since the middle of the year: Janet Yellen
Ø Cabinet approves Major Port Authorities Bill, 2016
Ø Welspun to set up Rs 600cr flooring solutions plant in Gujarat
Ø PM Narendra Modi reviews note ban, discusses ways of digitisation
Ø Big petrol price hike on cards
Ø Green power gets payment security
Ø US envoy hails ties with India
Ø Life insurers see 42% premium growth
Ø Banks spared another liquidity rush
Ø S&P: Reserve Bank credibility hurt by demonetisation
