Wednesday, 16 December 2015

Economic Times

Business Standard

Ø  Fed begins two-day meeting to decide on rate hike

Ø  'Direct tax mop up shortfall to be Rs 40Kcr this fiscal'

Ø  More rate cut by RBI unlikely this fiscal: India Ratings

Ø  Black money: Quoting PAN for cash payments over Rs 2L mandatory 

Ø  Sebi chief asks bankers to promote startup listing

Ø  Nestle moves SC against order on Maggi samples

Ø  Welspun Group to hive off yarn-spinning biz for next gen



Ø   Exports fall for 12th straight month, down 24.43% in Nov

Ø  More troubles ahead for diesel cars in Delhi

Ø  LIC HFL to acquire 19% stake in LIC Nomura Mutual Fund AMC

Ø  ICRA downgrades outlook on United Bank of India's rating to "Stable"

Ø  OPEC expects oil prices to rebound from $35 per barrel in a year

Ø  Monetary limit for filing appeals in tax cases raised

Business Line



Mint

Ø  Jaitley appeals to Congress leadership for GST support 

Ø  Indian cos may again have to pay special $2,000 fee on H-1B

Ø  Petronet to offer value-added services at Kochi terminal 

Ø  80% chance for global economic recession in 2-3 years: Birla Sun Life

Ø  Kenya to roll out tax incentives to lure investments

Ø  US rate hike may pose risks to some emerging markets: Moody’s 



Ø  Petrol price cut 50 paise/litre, diesel 46 paise/litre

Ø  SoftBank venture wins first solar power project in India

Ø  Australia court rejects bid to stop Adani coal mine

Ø  L&T’s infra arm receives Rs1,000 crore from Canadian pension fund

Ø  General Motors India to recall over 1 lakh units of Beat diesel

Financial Express



Financial Chronicle

Ø  Sensex surges 170 points ahead of US Fed meet, Nifty settles at 7,701; 

Ø  Paris deal window dressing as India to double coal production

Ø  General Electric sells Japan lending unit for $4.8 billion

Ø  Outflows to go up as Arab SWFs may pull out more: Credit Suisse



Ø  Rs 19k cr cleared for Amrut, Rs 250k cr for 85 smart cities

Ø  Fortum to light up MP village with solar energy

Ø  United Bank seeks to raise up to Rs 1500 cr via pref issue

Ø  Natco gets DCGI nod to launch hepatitis C drug in India

Ø  Dell could buy back at least $3b in VMware tracking stock

Ø  Equity MFs give investors an edge over inflation

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