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TODAY TOP MARKET HEADLINES – 19 JUNE 2017

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Major Headlines

The GST Council on Sunday paved the way for the implementation of the GST starting 1 July, but gave companies more time to file detailed returns for the first two months of July and August.

SEBI To Ease FPI Registration Norms, Fast-Track IPO Listings

Bad Assets Resolution & NPA: PM’s Office To Review Progress On June 19

DoT asks FinMin to slash telecom revenue target by 40%

HPCL has expressed its interest to the government in acquiring Mangalore Refinery and Petrochemicals

Indian Hume Pipe bags Rs183.46 cr order from Tamil Nadu Water Supply and Drainage Board

RBI has initiated Prompt Corrective Action against Bank of Maharashtra in view of high level of bad loans and negative return on assets.

RBI directs IDBI Bank to start insolvency proceedings for Lanco Infra

Poor production due to drought in select tea producing regions has pushed tea prices to its highest in seven years

Defer GST rollout as IT network not ready: Assocham to FM Arun Jaitley

Tata Steel Ltd. will sell shares worth up to Rs3,825 crore in Tata Motors Ltd. to their parent company, which may help the steelmaker pare its debt.

Maharashtra govt removes cap on taxi, autorickshaw permits

Black money: Switzerland ratifies automatic sharing of information with India

Hotel rooms costing upto 7,500 will come under the 18 %slab on GST. Rooms with higher charges will be taxed at 28%

Japanese firm Topy Industries to pick up 26% stake in Wheels India subsidiary

HUL wins ice cream ad lawsuit against Amul in Bombay high court

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