India : Business News Headlines – 15 Dec 2016
Thu Dec 15 2016
Ramesh Sridharan (876 articles)

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

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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