Morning Business News Round Up_Jan 16,2017

Morning Business News :

  • Petrol prices up by 42 paise a litre, diesel by Rs 1.03 per litre
  • Govt may accord infra status to low-cost housing
  • RIL likely to post 9% QoQ net profit growth in Q3
  • India’s oil demand growth rate to eclipse China’s
  • FinMin finalising over Rs 25k cr fund infusion in PSBs
  • Use plastic money at petrol pumps and get 0.75% cash back within next 3 days
  • Pharmaceutical barons swallow FDA bitter pill
  • Wadia complains to Sebi, MCA against LIC, UTI-MF
  • GST Council meet on Monday to try and bridge differences
  • Board structure, control at Tata firms on Chandra’s agenda
  • Pharma barons swallow FDA bitter pill
  • RIL plans to invest another Rs 30,000 cr into Jio Infocomm
  • PFRDA bars third party payments in Tier II accounts of NPS
  • BoFA-ML pegs Sensex target at 29,000 for 2017
  • SEBI lowers broker fees by 25%
  • Automobile exports from India decline by 5% in 2016
  • SEBI tightens settlement regulations
  • Celebrity endorsement of mutual funds only at industry level: SEBI
  • Budget may aim to help more start-ups qualify for incentives
  • Sebi tightens merger and amalgamation norms

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  • Arun Jaitley may lower corporate tax in budget: survey
  • CVC asks bidders of govt projects to disclose payments to brokers
  • Hindustan Coca-Cola to invest Rs1,000 crore to set up two plants
  • NDMC ties up with MTNL in 2nd attempt at offering free Wi-Fi
  • India remains committed to reforms: DEA Secretary Shaktikanta Das
  • India does not need any more coal-based power units till 2027: Central Electricity Authority
  • TV18 Broadcast approves amalgamation of 4 subsidiaries
  • Realty hit hard by demonetisation, awaits ‘white money’ buyers
  • Fresh Policy push to support solar energy on cards
  • Real estate sector will need to be formalised
  • Steel demand remains muted in India
  • FPIs outflow at Rs 3,800-cr from equities in fortnight
  • FM may set aside Rs 1,000 cr for agro processing clusters