Morning Business News Round Up_October 27,2016

Morning Business News :

  • Bourses seek clarification from Tatas on Mistry letter
  • Iran gives ultimatum to OVL on gas field development
  • Tatas staring at $18 bn in writedowns: Cyrus Mistry
  • India’s goods losing Chinese market: Report
  • Cabinet may consider advancing Budget to February 1 today
  • Resolve core issues, not just financials: Industry
  • Airtel readying 4G bundled offers to take on RJio

Image result for Airtel readying 4G bundled offers

  • I-T dept uncovers tax evasion of Rs 38,000 cr
  • Hero drives to a record profit of Rs 1,004 cr
  • Tata Steel UK’s speciality steel business sale put on hold
  • Cabinet to take up divestment proposals today
  • Over Rs 37,000 cr LIC assets at stake as titans clash in Tata
  • Govt agencies procure 34,546 tonnes of kharif pulses till October 25
  • LIC buys over 50% of NBCC shares, invests Rs 1,200 cr
  • ITC profit jumps 10% in Q2
  • My removal is unparalleled in corporate history: Mistry
  • Oil price declines weigh on European markets
  • Dabur consolidated profitup 5% in Q2 on flat revenues
  • India, Iran move closer to conclude gas field deal
  • Navneet acquires Britannica India’s curriculum division
  • Signs of stabilization emerge at Dr Reddy’s Laboratories
  • PNB Housing Finance IPO subscribed 57.7% on Day 2
  • Regulator prescribes relaxed norms for price-capped drugs
  • Tata Sons dividend payout steady for last decade
  • RBI urges public to check R500, Rs1000 currency notes carefully
  • Syndicate Bank Q2 net profit falls 75.2% on bad loans
  • Sensex ends 255 points down, Nifty settles below 8,620;
  • India, New Zealand agree to amend tax treaty, boost trade
  • RBI probably cannot bring down inflation to 4% sustainably
  • GST Council sets 14% revenue growth as uniform, secular growth rate for all States: Arun Jaitley
  • Government mulls doing away with ‘wireless operating licence’
  • Mahindra aims to double electric car sales in FY17
  • Airtel starts overseas roaming scheme with free incoming calls
  • Sebi orders attachment of bank, demat a/c of Arise Bhoomi
  • India ranks 13th in protection of minority investors
  • India is a very important market for Watson: IBM