India Business News Headlines – 04 Jan 2017

Wed Jan 04 2017
Rajesh Sharma (2070 articles)
India Business News Headlines – 04 Jan 2017

Business Standard
Ø  I-T ropes in experts to unearth black money
Ø  Govt finds scientific way to combat poverty
Ø  RBI turns away people wanting to exchange old notes
Ø  Re hits 1-mth low on dollar buoyancy, ends at 68.33
Ø  Relaxed airline FDI norms to have implications: FIA
Ø  Bombay Dyeing draws strategy to revive retail biz
Ø  NPCI planning to update BHIM
Ø  GMR, Tatas to stay out of Navi Mumbai airport bid
Ø  Infrastructure projects to get rating system soon
Ø  Banks may share transaction data with money sleuths
Ø  ONGC, Cairn India demand lowering of cess on crude
Ø  US factory activity hits two-year high as orders surge
Ø  Balrampur Chini to buy back shares worth Rs 175 cr
Ø  ONGC Videsh qualifies to bid for Iran oil, gas projects

Mint
Ø  CCPA recommends holding of Budget session from Jan 31
Ø  Demonetisation takes a toll on new investments: CMIE
Ø  MFIs exploring cashless route to loan collections
Ø  Mistry files fresh affidavit as proof of Ratan Tata’s ‘meddling’
Ø  Firms can now enrol staff under EPF amnesty scheme
Ø  Lower coffee crop may spell trouble for exporters
Ø  HDFC lowers home loan rates tracking SBI rate cut
Ø  Ford cancels $1.6 billion Mexico plant after Donald Trump’s criticism
Ø  Global banking regulators postpone approval of new rules
Ø  RBI appoints Surekha Marandi as executive director
Ø  Blue Dart: Cash crunch dashes FY17 growth hopes
Ø  Everstone buys minority stake in OmniActive Health for $35 million

Financial Chronicle
Ø  Markets trading on a mixed note, tracking global cues
Ø  Paytm gets RBI approval for payments bank
Ø  HDFC December quarter profit on sale of investments slumps to Rs 3cr
Ø  Supreme Court seeks list of corporates who owe in excess of R500 crore
Ø  RBI asks banks to supply 40% of notes to rural areas
Ø  Govt announces safety audit for 418 mines
Ø  Vodafone plea against TRAI recommendation premature: Centre
Ø  SC asks Centre to give details of recovery cases filed by banks

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.