Morning Business News Round Up_October 21,2016

Morning Business News :

  • Debit card data theft: Finance Ministry, RBI seek report
  • RBI simplifies norms for ECB transactions
  • Telcos pay over Rs 32,400 cr to govt for spectrum purchase
  • 2 mn debit cards compromised, SBI among worst hit
  • Wipro to buy Appirio cloud services for $500 mn
  • Tata Steel’s UK ops still ‘not out of the woods’: CEO
  • Sugar mills likely to default on debt worth Rs 11,000 crore
  • RIL Q2 consolidated net down 23% at Rs 7,206 cr
  • Captive power equity structure to be modified
  • Investment in PPP projects shows a decline: Moody
  • Reliance Jio says adding 0.6-1.1 million customers every day

Image result for Reliance Jio

  • Banks exhaust all means of recovering money from Vijay Mallya
  • 641 customers compromised, banks in damage control mode
  • NBCC stake-sale: Non-retail portion subscribed 1.54 times
  • Maggi wins back market share on sustained recovery
  • LIC Housing Fin logs 20% rise in net profit
  • Ashok Leyland bags ₹1,140 cr order from Tanzania
  • YES Bank net profit jumps 31% in July-Sept quarter
  • Mukesh Ambani’s wealth at $22.7bn equals Estonia’s GDP: Forbes
  • Aditya Birla Group in talks with IFFCO to sell fertilizer arm
  • Sahara to deposit Rs200 cr, seeks advancement of hearing
  • Biocon profit up 52% to Rs.147 crore in Q2
  • Sebi to use drum-beaters, loudspeakers for attachment notices
  • Rupee closes lower at 66.81 against dollar; down 0.2%
  • Suzlon sells stakes to Canadian Solar, Unisun in solar projects
  • Sensex ends 145 points up, Nifty settles tad below 8,700
  • No need to panic, debit cards are safe: Finance Ministry
  • Reliance Jio may extend your free 4G data period
  • EPFO has invested over Rs 9000 crore in ETFs: Bandaru Dattatreya
  • Tata Motors optimising structure to speed up product launches
  • Not looking for a partner in NMDC’s Nagarnar steel plant: Government
  • DGCEI detects Rs 2,300 crore of black money
  • Next tranche of Sovereign Gold Bonds from Oct 24
  • Relax sourcing norms for single brand retail: US
  • SIDBI launches Rs 60 cr corpus ASPIRE fund
  • India growing faster than US for us: Facebook
  • Sebi re-constitutes panel on disclosure, accounting standards
  • No sale of heavy industry PSUs