India : Business News Headlines – 23 Dec 2016
Fri Dec 23 2016
Rajesh Sharma (2002 articles)

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

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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