Friday, 9 December 2016

Business Standard



Ø  SAIL reports net loss of Rs 732 crore for Q2 FY17
Ø  JSPL's net loss narrows to Rs 746 cr in Jul-Sept qtr
Ø  ECB to extend QE programme but at lower rate of 60 billion euros a month
Ø  Reserve Bank may cut rate by 25-75 bps in 2017

Ø  Bharti Airtel slashes prepaid tariffs to compete with Jio
Ø  Metal shares gain; Vedanta hits 52-week high, Tata Steel up 5% intraday
Ø  BSE Auto index soars over 500 points intra-day
Ø  Sun Pharma gains after falling 6% on Wednesday
Business Line

Mint
Ø  Crop worry: Centre scraps import duty on wheat to ease supply, check prices
Ø  Gold recovers by Rs 110 on global cues, spot market demand
Ø  No service tax on credit, debit card transactions up to Rs. 2,000
Ø  GMR Infra net loss widens to Rs. 700.34 cr

Ø  Note ban impact: Auto sales slide for the first time in 11 months
Ø  Sensex surges 457 points on global cues
Ø  InGovern tells shareholders to vote against Tata resolution to remove Mistry
Ø  Discounts for petrol, life insurance in push for digital transactions
Financial Express

Financial Chronicle
Ø  GST Council may reduce tax slabs in future: CBEC chief Najib Shah
Ø  Flipkart and Ola benefitted from foreign capital, now want protection from it
Ø  Oil prices rise on US crude stock decline, weaker dollar

Ø  ICICI moves US court to recover loans from Essar
Ø  Honda Cars sales slip by 20-30% after demonetisation
Ø  IL&FS to raise more than Rs 10K c

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