Tuesday, 3 January 2017

Economic Times


·          L&T bags two more orders from Saudi Aramco

·         GST Council to meet officials from six key sectors tomorrow

·         Small auto firms overtake big companies in growth in December

·         BCCI in a fix over senior vice president

·         Dena Bank cuts lending rate by 0.75 per cent

·         SBI sees loan growth jumping from 25-year low

·         Hero MotoCorp sales down 34% in December

·         Bharti Airtel in talks with Telenor to buy India business for $350 million: ET Now

·         Govt directive on service charge will lead to confusion: Hospitality associations

·         Telecom subscriber base touches 1074 mn at Sept-end: TRAI

·         Volkswagen India sales up 69% in December

·         Bank of Baroda ties up with CNX Corporation



Business Line

·          Mahindra sales down 4% at 36,363 units in Dec

·         LimeRoad introduces 24-hour payments for vendors

·         Tata Motors sales up 2% at 40,944 units in Dec

·         Exide expects demonetisation to recharge battery sector

·         Logistics firm Delhivery’s losses increase four-fold

·         Cash crunch hits auto sales in Dec

·         Bajaj Hindusthan to seek shareholders’ nod to sell power biz

·         Singareni sees increased coal output in December

·         Natco Pharma unveils generic version of Hepatitis C drug in Nepal

·         Insecticides India ties up with Japanese firm Nihon Nohyaku

·         IL&FS Engg gets LoA for road contract in Karnataka

·         Lupin gets USFDA nod for cevimeline hydrochloride capsules

·         NRIs need to show old notes at Customs at airport



Mint

·          Service charge not mandatory at restaurants and hotels: govt

·         GST delayed, rollout now likely on 1 June

·         Gap between India’s share in world GDP and world market cap at highest in 13 years

·         ICICI Bank joins SBI, others in cutting lending rate

·         SC sacks BCCI president Anurag Thakur, to form administrative panel

·         Vishal Sikka tells Infosys employees road ahead not easy

·         Azim Premji tells Wipro staff 2016 has raised obstacles on path to better world

·         Everstone buys minority stake in OmniActive Health for $35 million



 Business Standard

·         Manufacturing slips into contraction in Dec but core sectors grow in Nov

·         Bigger disruption from automation, digitisation than Trump, note ban: Sikka

·         Air India to add 35 new planes this year, says Ashwani Lohani

·         Interest rate on small savings schemes unchanged for January-March

·         Amazon taps individual sellers; joins Olx, Quikr

·         Ford India sales surge over 2-fold to 23,470 units in December

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