Industry News

State Bank of India chief Arundhati Bhattacharya's tenure was extended by one more year, the announcement coming five days ahead of the end of her three-year term. It was not entirely unexpected, as SBI is in the process of merging five associate banks with itself as well as the Bharatiya Mahila Bank--launched in 2013 exclusively for economic empowerment of women--and Bhattacharya is probably the most competent person to complete the task."/>
Mint, New Delhi, Tamal Bandyopadhyay column [Mint, New Delhi]
Multi Commodity Exchange of India Ltd, India's largest commodities bourse by turnover, plans to introduce options trading by January to boost revenue after the markets regulator permitted the trading of the derivatives at the end of last month. "As an exchange we would have liked more non-agricultural commodities to be allowed. But, we understand the regulator's point of view as to why the roll out would be in a phased manner, "said Mrugank Paranjape, managing director and..."/>
MCX to introduce options trading by January [Mint, New Delhi]
Oberoi Realty Ltd, the country's second largest real estate firm by market value, is setting up a separate shopping mall business unit under which it plans to build a significant retail portfolio in the next few years and eventually look at a real estate investment trust listing. The Mumbai-based firm, which is largely focused on residential business, currently operates one mall in Mumbai under a special purpose vehicle called Oberoi Mall Ltd. It has already chalked out..."/>
Oberoi Realty to set up?mall business unit [Mint, New Delhi]
Look beyond freebies when buying a house [Mint, New Delhi]
Vodafone Group Plc flexed its financial muscle with a record fund infusion into its Indian subsidiary just ahead of the auction, these fears gained some more substance."/>
If you thought telecos were restrained in spectrum auctions, think again [Mint, New Delhi]
Petronet LNG Ltd is reaping the benefits of shortage of locally produced gas. Lower domestic gas production has meant improved demand for imported liquefied natural gas. In fact, in April-August 2016, LNG imports to India have risen about 26% year-on-year, according to Petroleum Planning and Analysis Cell."/>
Petronet LNG stock fuelled by better demand outlook [Mint, New Delhi]
Airbus Group SE and Boeing Co. expect Indian airlines to order larger planes to accommodate more passengers as airports managing busy runways are unable to permit more flights. With the majority of flights still originating from Delhi, Mumbai, Chennai, Bengaluru and Kolkata, airports at these metros are running to capacity. As a result, they have limited the number of slots for each airline or stopped allotting fresh slots altogether."/>
Congested airports to boost demand for bigger planes [Mint, New Delhi]
Axis Capital Ltd, Credit Suisse Securities Pvt."/>
ChrysCapital set to exit Eris Lifesciences in $200 million IPO [Mint, New Delhi]
Consumer goods: slow growth remains a bugbear [Mint, New Delhi]
Amaya to create a pounds sterling 4.5- billion global gambling giant. Confirming that talks are underway this weekend, William Hill said the deal would create a' clear international leader' in online gaming. It could happen within weeks and would be structured as a reverse takeover of William Hill."/>
William Hill in pounds sterling 4.5-bn talks to merge with online giant [Financial Mail on Sunday, London]
The big squeeze [Financial Mail on Sunday, London]
PacWest Bancorp. PacWest Bancorp announced that Donald Destino was appointed as executive vice president, investor relations and corporate development. In this new role, Destino will focus on enhancing PacWest's investor relations program and evaluating opportunities to generate improved financial results and increase shareholder value, according to a news release."/>
Energy Pipeline: News Briefs [Greeley Tribune, Colo.]
Citigroup does not expect the financial terms of the transaction to be material to its earnings."/>
Citi Announces Sale of Consumer Business in Argentina to Banco Santander Rio

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