Business Headlines 10 Sep 2015

Business Headlines 10 Sep 2015

Economic Times

Ø  Indirect tax collections grow 36.5% to Rs 2.63 L cr
Ø  China-India cooperation centre formed to boost trade, research
Ø  Railways to invest $140 bn; Japan to modernise stations
Ø  India looking to set up urea plant in Iran: Gadkari
Ø  Monsoon revives in central India, southern peninsula, says IMD
Ø  Nestle to use digital marketing platforms for 'Maggi'
Ø  Piramal likely to scoop up IL&FS in all-stock deal
Business Standard

Ø  Tax exemptions for India Inc to be phased out, says FM
Ø  Dumping, lack of FTAs, incentives hurting textile industry
Ø  Safeguards duty proposed on steel imports for 200 days with immediate effect
Ø  L&T eyes three infra projects worth Rs 3,000 cr in Sri Lanka
Ø  Tata Steel begins coke production Kalinga Nagar plant
Ø  US Fed's rate hike unlikely to cause major disruption in Indian markets
Ø  Adani, HCL, MRF, ITC and others commit over Rs 30,000 cr in Tamil Nadu
Business Line

Ø  China changes GDP data calculation method to improve accuracy
Ø  SEBI tweaks disclosure norms to make them investor friendly
Ø  RBI to announce winners of small finance bank licence in the next few days: Mundra
Ø  TRAI to hold test drive in 15 days to check service
Ø  Investment proposals worth over 50Kcr announced on Day1
Ø  Cabinet approves offshore wind energy policy

Ø  No extended monsoon session to pass GST bill
Ø  FII quarterly outflows breach Lehman level
Ø  Court fines NSE Rs50 lakh in defamation case against Moneylife
Ø  Amtek Auto in talks to secure fresh loan for bond repayments
Ø  Hindalco said to refinance Rs14,700 crore of loans
Ø  Spectrum trading opens up a range of possibilities for telecom firms
Financial Express

Ø  Sensex ends 402 points up at 25,719 on firm global cues, Nifty closes at 7,819; Telecom stocks gain
Ø  S&P places Vedanta on creditwatch with negative implications
Ø  List of tax exemptions to be phased out in few days: FM
Ø  Assocham seeks strong dose of monetary easing, fast track clearance for infrastructure project
Financial Chronicle

Ø  Cabinet clears gold bond, monetisation schemes
Ø  Govt approves 6% hike in DA, 100% FDI in white label ATMs
Ø  Aditya Birla Money gets Rs 120 crore loan from IFC
Ø  Airtel may merge Bangladesh operations with Axiata
Ø  HDFC Bank taps unbanked, under-banked via livelihood finance
Ø  Coal scam: Court asks CBI to provide all documents to accused

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