Today’s Business Headlines-16th March

​​Here are the Business Headlines as on 16th March 2017:

Economic Times

• Renault CEO Carlos Ghosn targeted in French diesel probe
• Paytm cuts commission to be paid by sellers to compete with Flipkart, Amazon & Snapdeal
• Vodafone nearing deal to merge Indian unit with Idea
• Govt approves Rs 2,147 crore highway project in UP
• US Federal Reserve raises rates as job gains, firming inflation stoke confidence
• NSEL PMLA case: ED attaches assets worth Rs 414.62 crore
• Rupee hits fresh 16-month high, up 13 paise at 65.69
Business Standard
• Oil market could tilt into deficit if Opec sticks to cuts: IEA
• Centre mulls limiting cash deals at Rs 50,000 in bullion
• Artificial Intelligence to have dramatic impact on business by 2020: TCS
• NSDL to float payments bank by May
• Andhra Pradesh presents Rs 1.57 lakh crore budget for 2017-18
• Exports jump 17.5% to $24.5 bn in February
• A mountain of bad debt looms over PM Modi
• Solar power may get module prices relief
• KPCL promoters seek to buy out 3i stake
• Farmer support not at cost of credit discipline: Bhattacharya
• Patanjali now sets sights on China, Bangladesh, Myanmar
• SBI gets board nod to raise Rs15,000 cr next fiscal
• GSTN preparing to handle 3 billion invoices a month
Start-up World
• Out of 1,835 applications, only 10 start-ups got nod for tax benefits
• Uber rival GrabTaxi opens R&D facility in Bengaluru
• Amazon Fashion claims top spot, ahead of Flipkart, Jabong & Myntra combined
• founders invest in a Delhi startup

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