Wednesday 21 December 2016

Economic Times



Business Standard

Ø  Ordinance likely for wage payment via e-mode, cheque

Ø  Vedanta slapped with $100 mn settlement in UK court

Ø  Note ban may yield lasting benefits: Crisil

Ø  Tata Steel EGM to decide on Nusli Wadia today

Ø  'Bringing back foreign stash will be real test of will'

Ø  Bajaj Hindusthan to sell power biz to gr firm for Rs 1800 cr

Ø  GCPL fully acquires Kenyan co Charm Industries

Ø  Fitch downgrades RCom to B+, placed its IDRs on Watch Negative


Ø  Govt plans tax exemption threshold for political parties

Ø  Diversify market and currency risk with US funds

Ø  For Rs 500 note, RBI pays Rs 3.09; Rs 3.54 for Rs 2,000 note

Ø  GM to hike prices by up to Rs 30,000 from January

Ø  Reliance Home Finance to raise Rs 3,500 cr through NCDs

Ø  I-T dept detects Rs 3,185 cr black income; seizes Rs 86 cr in Rs 2,000 notes

Ø  Cognizant buys Norwegian unit, boosts operations in oil and gas

Ø  Treasury gains may help banks offset Q3 pressure

Business Line

Mint
Ø  Rupee dives to 68.05 against dollar

Ø  Airtel to acquire Orascom’s stake in MENA undersea cable firm

Ø  AMFI bats for US’ 401(k)-like product in Budget proposals

Ø  IDS-II to fund Pay Commission hikes, PSU bank recap: BofA-ML

Ø  PFC to offer TV sets for 1,600 villages in Arunachal

Ø  ‘Developers of new SEZs need security clearance from Home Ministry’


Ø  Banks unions call for agitation over note ban-related issues

Ø  Cyrus Mistry moves National Company Law Tribunal against Tata Sons

Ø  Arun Jaitley says RBI prepared to deal with currency shortage beyond 30 December

Ø  PSU banks seek higher capital infusion from govt

Ø  Delinquencies in medium-heavy commercial vehicles to rise if IIP fall continues

Financial Express

Financial Chronicle
Ø  Demonetisation: Bank deposits may be subjected to investigation 

Ø  High Court asks Service Tax Department to revalue Vijay Mallya's plane

Ø  UTI confident of IPO in H2 of '17; to use proceeds for buyouts

Ø  In Trump cabinet, Commerce Secretary will run trade policy


Ø  Axis Bank assures govt of action against errant officials

Ø  Mistry says no chance of truce, vows to 'fight' it out

Ø  Bourses get more time for mechanism to monitor brokers

Ø  Jaitley bats for outsourcing of railways' non-core functions

Ø  LPG subsidy:I-T to inform Oil Min on taxpayers earning over Rs 10L

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