Morning Business News Round Up_Jan 11,2017

Morning Business News :

  • World Bank pares India’s growth forecast to 7%
  • Govt may stick to 3.5% fiscal deficit target for FY17
  • Rs 3-4L cr ‘black money’ deposited during note ban
  • RIL invested Rs 1.25L cr in Guj in last 4 yrs: Mukesh
  • RBI data deals a deadly blow to Modi’s cashless dream
  • Gautam Adani promises to invest Rs 49K cr in Gujarat
  • Trai allowing Reliance Jio to break rules: Airtel
  • Budget may give big push to infra spending
  • Demonetisation ‘atrociously planned and executed’: NYT
  • SC raps Sebi for dragging its feet in Satyam auditor case
  • PSBs need equity worth Rs 1.7 lakh cr by March 2019: Study
  • 3M India eyes defence foray in the country
  • ABB wins $640 million grid contract from Power Grid Corp
  • Over 150 mining leases to lapse today
  • Reforms, policy effectiveness to decide India’s rating: Moody’s
  • JSW Cement to buy Shiva Cement; open offer likely
  • ‘India needs to incentivise early commissioning of projects’
  • TRAI perpetuating illegality by RJio, Airtel tells Tribunal
  • Govt to raise Rs. 6,000 cr via CPSE ETF follow-on offer
  • Oil India to turn ex-date for 1:2 bonus
  • Auto sales feel demonetisation jitters, plunge to 16-year-low in December
  • Bain Capital joins KKR, TPG in race for Fortis Health stake
  • RBI says demonetisation was proposed by Modi government
  • Demonetisation impact: Housing sales down 44% in October-December 2016
  • Modi govt achieves only 19% of 12,000-MW solar power target in 2016-17
  • Volkswagen says has draft $4.3 bn deal to settle US criminal charges

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  • Implementation of Indo-Japan free trade agreement needs to be expedited: Nirmala Sitharaman
  • Supreme Court to hear plea filed by banks’ against Vijay Mallya today
  • Note ban gains ‘highly uncertain’, says Fitch
  • Note ban: SBI chief says situation will normalise by Feb-end
  • NPA pains to spill over into next FY
  • Strong MF inflows in December kept equity market stable
  • Srei Sahaj looking for PE investors to dilute stake
  • Govt to fast track green nod for infra projects
  • PSUs eye EPFO funds