Today’s Business Headlines-27th March

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Here are the Business Headlines as on 27th March 2017:

Economic Times
New move to settle retrospective tax cases, CBDT offers interest liability waiver to firms
• Zivame pivots its model as CEO Richa Kar steps down
• Exchange of Rs 4,500 in old notes allowed in Nepal: RBI
• New cab aggregators lure peeved drivers to end Uber-Ola duopoly
• MakeMyTrip aims to take on smaller rivals Treebo & FabHotels
• Essar Oil to pay lenders soon after Rosneft deal
• Hyundai Motor suspends another China plants amid political tension: Report
Business Standard
Modi govt’s push to double solar power capacity could run into land hurdle
• Railway to have integrated software for instant data collection
• SBI workforce may see 10% reduction by 2019; hiring to fall by 50%: MD
• Indian Railways to end SAIL monopoly; eyes private steel suppliers
• EU wants to supend 300 generic drugs tested by Indian co Micro Therapeutic
• 4 out of 10 jobs would be lost to automation by 2021
• Meat sellers in UP to go on indefinite strike from Monday
Banks bat for relaxed norms on stressed asset resolution
• TPG, Blackstone eye stake in Sintex Plastics
• Kaizen raises Rs285 crore, marking first close of second fund
• Emaar Malls said to bid for Dubai’s Souq in challenge to Amazon
• Logistics companies will have to sweat it out for GST benefits
• Air India says it may turn a profit by FY20, two years ahead of schedule
• 10% of road funds has been earmarked for safety: Mitra
• Tax evaders likely to face more scrutiny after PMGKY ends
Startup World
Swiggy in talks to raise $50 mn
• Uber driverless cars project suspended

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