Thursday 27 October 2016

Business Standard



Ø  Bourses seek clarification from Tatas on Mistry letter 
Ø  Iran gives ultimatum to OVL on gas field development
Ø  Tatas staring at $18 bn in writedowns: Cyrus Mistry 
Ø  India's goods losing Chinese market: Report
Ø  Cabinet may consider advancing Budget to February 1 today
Ø  Resolve core issues, not just financials: Industry
Ø  Airtel readying 4G bundled offers to take on RJio

Ø  I-T dept uncovers tax evasion of Rs 38,000 cr
Ø  Hero drives to a record profit of Rs 1,004 cr
Ø  Tata Steel UK's speciality steel business sale put on hold
Ø  Cabinet to take up divestment proposals today
Ø  Over Rs 37,000 cr LIC assets at stake as titans clash in Tata
Ø  Govt agencies procure 34,546 tonnes of kharif pulses till October 25
Ø  LIC buys over 50% of NBCC shares, invests Rs 1,200 cr
Business Line

Mint
Ø  ITC profit jumps 10% in Q2
Ø  My removal is unparalleled in corporate history: Mistry
Ø  Oil price declines weigh on European markets
Ø  Dabur consolidated profitup 5% in Q2 on flat revenues
Ø  India, Iran move closer to conclude gas field deal
Ø  Navneet acquires Britannica India’s curriculum division

Ø  Signs of stabilization emerge at Dr Reddy’s Laboratories
Ø  PNB Housing Finance IPO subscribed 57.7% on Day 2
Ø  Regulator prescribes relaxed norms for price-capped drugs
Ø  Tata Sons dividend payout steady for last decade
Ø  RBI urges public to check R500, Rs1000 currency notes carefully
Ø  Syndicate Bank Q2 net profit falls 75.2% on bad loans
Financial Express

Financial Chronicle
Ø  Sensex ends 255 points down, Nifty settles below 8,620;
Ø  India, New Zealand agree to amend tax treaty, boost trade
Ø  RBI probably cannot bring down inflation to 4% sustainably
Ø  GST Council sets 14% revenue growth as uniform, secular growth rate for all States: Arun Jaitley
Ø  Government mulls doing away with 'wireless operating licence'

Ø  Mahindra aims to double electric car sales in FY17
Ø  Airtel starts overseas roaming scheme with free incoming calls
Ø  Sebi orders attachment of bank, demat a/c of Arise Bhoomi
Ø  India ranks 13th in protection of minority investors
Ø  India is a very important market for Watson: IBM

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