Morning Business News Round Up_May 29,2017

Morning Business News :

  • Brookfield in talks to buy towers of Idea, Vodafone
  • Regulators RBI, Sebi step up NSE algo probe
  • EPFO to invest Rs 20,000 crore in equities in 2017-18
  • FPIs stay bullish on India, pump in $4 billion in May
  • RBI guidelines on P2P lending platform likely by July
  • Various tax slabs under GST worry traders: CAIT
  • IOC overtakes ONGC, become most profitable PSU
  • Next big wave of liberalisation in FDI on the cards
  • Taxing farm income is ‘politically challenging’, says top economist
  • AIITEA mulls IT Employees United Front to address job cuts
  • Coal India’s April coal despatch grows 6% to 45 mn tonnes
  • Maruti Suzuki targets selling 3 lakh automatic cars annually by 2020

Image result for • Maruti Suzuki

  • Introduce indemnity clauses with suppliers on tax compliance: Expert
  • India is second most complex tax jurisdiction: Deloitte
  • CBDT committee to review ‘naming, shaming’ of tax defaulters
  • PMO to take a call on imposing customs duty on mobile phones
  • Cognizant layoff plea closed in favour of sacked staff: Govt
  • RCom Q4 loss at Rs. 948 cr on disruptive pricing, competition
  • Fairfax sells 12.18% stake in ICICI Lombard General Insurance
  • Adani Power’s Q4 loss widens to Rs4,960 crore after SC decision on compensatory tariff
  • Raymond to invest Rs350 crore in capex, retail expansion
  • P-note investments hit 4-month low of Rs1.68 trillion in April
  • Severe underemployment more serious than unemployment: Niti Aayog
  • Every deptt should disclose demonetisation details: CIC
  • GST gains to be ‘far less’ than initially envisioned: Nomura
  • Poor show by banks, private investors challenge for economy: Arun Jaitley
  • Government proposes strict norms for registered valuers
  • ITC Q4 net profit up 12% to Rs 2,669.47 cr
  • Tech Mahindra Q4 net drops 31% to Rs588 cr
  • RCom hit by mobile price war
  • Sugar production may see marginal increase
  • Patanjali joins traders, industry in demanding lower GST rates