India : Business News Headlines – 22 Dec 2016
Thu Dec 22 2016
Rajesh Sharma (2002 articles)

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

Rajesh Sharma

Rajesh Sharma

Rajesh Sharma is Correspondent for Stock Market of South East Asia based in Mumbai. He has been covering Asian markets for more than 5 years.

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