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Wednesday, November 29, 2017

Morning News Headlines


Morning News Headlines 

Economic Times

● Restaurants, realty firms under lens for not passing GST rate cut benefit to consumers

● I-T Dept may tax unsold realty inventories to curb hoarders

● Glenmark Pharma gets 7 observations from USFDA for Baddi unit.

● N K Singh to chair 15th Finance Commission: Govt

● Coal India to raise exec salaries at cost of Rs 800 cr


Business Standard

● Govt to airlines: Roll back Rs 3K cancellation fee

● Internet services must be non-discriminatory: Trai 

● Govt expects RBI rate cut before March: FinMin sources

● Might miss 2020 revenue target of Rs 10K cr: Marico

● Bharat 22 ETF makes decent debut on BSE 


Mint

● Rallis India surges 6% after fund house buys stake

● Rcom cracks 9% on 'premature' action by CDB

● Eris Life extends rally post acquisition of Strides' India branded business

● Govt transfers NCL India shares worth Rs 39 cr to Bharat 22 ETF

● South India tea exporters hit as Rs 100-cr GST refund still stuck with govt


Reuters

● Sops lower than pre-GST ones: Textile sector

● PSBs may face Rs 40,000-cr loss due to bad loans

● BoB scales up supply chain finance to MSME

● Indian economy not ready for a startup epidemic: Sadhguru Jaggi Vasudev

● L&T may sell some assets by March to fund acquisition spree

Sources : Economic Times, Business Standard, Mint & Reuters.