India : Business News Headlines – 23 Dec 2016
Business Standard
Ø Nusli Wadia removed from Tata Steel board
Ø Crackdown on cash imperils pivotal tax reform GST
Ø ‘India’s gas targets would need $10 bn investments’
Ø Use old notes to pay taxes, penalty under IDS: Govt
Ø Cisco to set up cyber security centres in India
Ø Govt formulating National Policy for Adv Manufacturing
Ø Volkswagen reaches compensation deal with 80,000 US owners
Ø Note ban shaves Rs 1.2 lakh cr off consumer goods’ stocks
Ø ‘Demonetisation may have cost banks Rs 3,000 cr per day’
Ø GST Council to discuss crucial issue of dual control on Friday
Ø Rel Jio case: No interim relief for Vodafone from Delhi HC
Ø P-Notes investments fall to 33-month low at 1.8 lakh cr in November
Ø Gems and jewellery exports to EU worth $3 bn at risk
Ø Mistry’s interim relief plea rejected by Company Law Tribunal
Mint
Ø High Court adjourns sine die pleas against demonetisation
Ø Parking space proof may be mandatory for vehicle registration: Govt
Ø Zicom’s initiative to be expanded to more cities
Ø Welspun Enterprises approves Rs. 227-cr buyback offer
Ø CBDT identifies 67.45 lakh potential non-filers in 2015-16
Ø HDFC Mutual files papers for MSCI India Domestic ETF
Ø RBI policy committee puts focus on inflation as global risks mount
Ø Sun Pharma to acquire Novartis’s cancer drug Odomzo for $175 mn
Ø Cloud is the biggest trend impacting networking industry: Juniper CEO
Ø Suzlon to sell 49% stake in solar project to Canadian firm AMP Solar
Ø RCom delivers another big fat deleveraging
Financial Chronicle
Ø Nifty closes below 8000, wait for weekly closing to form a directional view: Experts
Ø Paytm still facing glitches; users complain of payment issues
Ø N Srinivasan resigns from United Breweries and McDowell Holding board
Ø Kingfisher Villa again fails to find takers in re-auction
Ø Wadia invites the wrath of Tata Motors investors
Ø ED picks up Kolkata-based Lodha
Ø Acharya panel report ready, Jan-Dec likely to be new FY
Ø Demonetisation will make real estate market transparent
Ø I-T Dept cautions taxpayers against sharing user ID, password
