India : Business News Headlines – 22 Dec 2016
Business Standard
Ø RBI exempts KYC-compliant a/cs from interrogation
Ø Tata Group was in talks with Voda for consolidation
Ø Oil seen at $100 by end 2018 in lottery ticket options trade
Ø GST Council to consider model laws today
Ø Just 1% Indians pay Income Tax: NITI Aayog CEO
Ø Texmaco, Kalindee Rail get Delhi HC nod for merger
Ø Banks to again auction Kingfisher Villa today
Ø Govt waives transaction fee on electronic transfer
Ø Bank recapitalisation plan on course
Ø Monetary Policy Committee agreed on no rate cut
Ø RCom completes tower arm sale to Brookfield Infra for $1.6 bn
Ø Currency worth Rs 5.92 lakh cr issued since demonetisation
Ø Govt clears ordinance to let companies pay salary via e-mode, cheque
Ø Nomura growth indices plunge to lowest level since 1996
Mint
Ø RBI monetary policy panel puts focus on inflation as global risks mount
Ø PE firm Advent buys 41% stake in ASK Group for ₹848 crore
Ø BSE Brokers Forum ropes in CEOs of PhillipCapital, Zerodha to its board
Ø Pulse buffer-stock seen missing 20-lakh-tonne target
Ø IDS disclosure figures to be revised lower to Rs. 55,000 cr
Ø Gujarat farmers return to isabgol with an eye on export market
Ø Cyrus Mistry wants Ratan Tata restrained from attending board meetings
Ø By 2020, 50% of Tech Mahindra’s business will come from IT: CEO CP Gurnani
Ø TDK agrees to buy InvenSense for about $1.3 billion in cash
Ø Demonetisation drives up card swipes but average value falls: SBI report
Ø EC to ask tax authorities to look into finances of 200 political parties
Financial Chronicle
Ø India’s crackdown on cash imperils pivotal national tax reform
Ø Google employee sues company for conducting ‘spying program’: report
Ø Nokia sues Apple for infringing technology patents
Ø BSNL customers to get 0.75% discount on e-payment of bills
Ø ATM, high-value cash withdrawals to attract handling charge
Ø Power secy Pujari, Shaktikanta Das in Sebi chief race
Ø Another independent director Darius Pandole quits TGBL board
Ø RBI slaps fine on 5 foreign banks for violating FEMA rules
Ø Govt, bank unions on collision course
