India : Business News Headlines – 26 Dec 2016
Economic Times
Ø Govt has no plan to hike captial gains tax: FM
Ø Shortage of taxmen may derail black money hunt
Ø Aadhaar-linked cashless merchant solution by IDFC
Ø Restrictions on withdrawals likely to continue
Ø ONGC to pay over $1.2 billion for GSPC stake buy
Ø SBI, other banks may cut lending rates in new year
Ø Govt working on new power tariff structure
Business Standard
Ø Budget to assume crude oil price of $55-60/bbl for FY18
Ø RBI refuses to disclose minutes of demonetisation meeting
Ø Money has lost its ‘anonymity’ after demonetisation: Jaitley
Ø Tata Housing, Macquarie form Rs 2,000 cr fund
Ø Apparel exports to cross $30 bn mark in next 3 years: AEPC
Ø M&M to hike vehicle prices by up to Rs 26,500 from January
Ø Public auditors’ body demand for more power to PAC, audit of FIs
Business Line
Ø Prime Minister Modi hints at more reforms
Ø Camlin Fine to acquire 51% stake in Chinese firm
Ø Maruti to get 10,000 Balenos from Suzuki’s Gujarat plant this fiscal
Ø PFRDA mulls various withdrawal options to optimise pension
Ø Balrampur Chini gets green nod for Rs. 72-cr expansion project
Mint
Ø China fines GM unit $29 million for ‘price-fixing’
Ø RTOs set to go cashless from January 2017
Ø How Deutsche Bank’s big bet on Wall Street turned toxic
Ø Tata Steel to acquire Brahmani River Pellets for Rs900 crore
Ø Welspun Enterprises to divest 15.49% in Welspun Energy
Ø Wipro agrees to pay $5 million to SEC to settle six-year-old case
Financial Express
Ø About 75% of targeted 60,000 officers trained for Goods and Services Tax
Ø India may clock GVA growth of 6.6 per cent in 2016-17: Icra
Ø PFRDA mulls various withdrawal options to optimise pension
Ø Tilaiya UMPP: Panel seeks fresh comments from Ministry of Power, others
Financial Chronicle
Ø Special session on GST likely if vexed issues are resolved
Ø Sebi goes green; debt security papers via electronic mode
Ø Cosolidated SME, corp data with banks to improve lending: CII
Ø FPIs pull out $ 3.5b from capital markets in December
Ø Equity MFs add 25 lakh investor accounts in Apr-Nov FY17
