Morning Business News Round Up_October 03,2016

Morning Business News :

  • Govt readies plan for big-ticket stake sale in 22 PSUs
  • Exits for Tata Group usually the last resort: Cyrus Mistry
  • CAG may audit IDS, not individual declarations
  • Current account may stay at existing levels over 6-9 months
  • Coal India sees fall in sales during first half of 2016-17
  • Nepal to make efforts to convene Saarc Summit
  • Vedanta pays $2 bn in royalties, taxes to India in FY16
  • Highest-ever Apr to Sept divestment proceeds at Rs 21K cr
  • Deutsche Bank races against time to reach US settlement
  • India ratifies historic Paris climate deal at UN
  • ONGC, OIL making losses on natural gas production
  • Private equity investments drop by 50% to $3.2 bn in Q3FY16
  • NPPA approves norms for discontinuation of scheduled drugs
  • Ashok Leyland lines up 8-10 new LCVs, to invest up to Rs 400 cr
  • Oil prices will see recovery on OPEC action: Fitch
  • Industry delegation calls for cotton-fibre security scheme
  • Spectrum auction: 700MHz band may still find no takers
  • Half of Container Corp staff buy shares in stake-sale
  • SEBI sees cautious growth in online commodity trading
  • GST training: Govt faces steep climb as deadline nears
  • Pledging  PF to buy low cost homes to be reality next fiscal
  • UK to start EU exit process before end of March: Theresa May
  • Mahindra sales up 8% at 46,130 units in September
  • Kotak Mahindra Bank to buy BSS Microfinance for Rs139 crore

Image result for oct BSS Microfinance

  • Competing commodity exchanges not good for market stability: U.K. Sinha
  • See 90-bps monsoon boost to consumption led by rural areas
  • Leather exports dip 8 % in August; exporters seek more support
  • CIC pulls up Income Tax ‘informer’ for using RTI to earn incentives
  • Flipkart’s ‘Big Billion Days’ begins with a bang
  • CNG price in Delhi cut by Rs 1.40, piped gas by Re 1
  • Gas price cut by 18%, to hit upstream oil&gas firms
  • India must open up further to improve biz conditions
  • Ulip policy surrenders grow in single digits for pvt players
  • Merc to bring in plug-in hybrids, e-vehicles in 2018
  • Japan, India to sign N-cooperation deal in Nov: report
  • Shahabuddin to go back to jail as SC cancels bail

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