Morning Business News Round Up_August 16,2016

Morning Business News :

  • Government works overtime to ready GST by April 1
  • Petrol prices cut by Rs 1/litre, diesel by Rs 2
  • Oil, gas industry to lose out heavily from GST: Icra
  • Bullion gave 41% returns, outshone most stocks in 2016
  • India’s Iran oil imports rise to five-year high in July
  • CSR data: Govt tweaking annual filing form for cos
  • Post offices to be converted into payment banks
  • Home sales up 9% in Q1, grow 3rd straight quarter
  • Pain for SBI’s associate banks to stay in Q2: SBI chief
  • LIC, Aberdeen hold key to Nuvo-Grasim merger
  • Brexit tremor hits Infosys; may impact larger Indian IT
  • Economic freedom is true freedom, says J Jayalalithaa
  • BSNL FY16 operating profit expected to rise fivefold
  • ICF Chennai targets to produce 2,486 coaches in 2016-17
  • RBI questions banks for lending Rs 5,262 cr to REI Agro
  • Coastal shipping could save steel firms ₹6,500 cr annually
  • Raymond on expansion, consolidation mode
  • NSE to delist 14 companies from Aug 31

  • Unitech’s Ramesh Chandra, others told not to leave country without nod
  • MRPL to shut secondary units in Sept-Oct for maintenance work
  • Sebi paper on algo trading fuels disquiet
  • EY to re-evaluate GSPC onshore blocks
  • Deals Buzz: Hindalco’s Novelis unit to raise up to $1.1 billion
  • Telcos seek more time for spectrum auction
  • RBI should continue with R Rajan’s policies on inflation: Moody’s
  • Pfizer plans to bring more global drugs to India
  • Piramal in talks to invest Rs800 crore in ACME Solar
  • OPEC deal a tough task, as oil output freeze expectations rise
  • Nalco has performed successfully amid market downturn: T K Chand
  • NMDC eyes selling 35 MT iron ore this fiscal
  • Brokers can’t hire celebrities to endorse prize money schemes
  • Modi backs new inflation target of 4 per cent
  • Mutual fund houses lay out red carpet for investors
  • Mkts may continue to experience hiccups in near-term
  • PM to save Rs 1.25L cr energy cost through LED bulbs
  • Insurers may be asked to list shares within 3 years

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