Daily Sector News Today – 16.08.2017
* BANKING: The Reserve Bank of India has added Informatics Valuation and Ratings to the
list of eligible credit ratings agencies for non-banking finance companies.
* JEWELLERY: Export of gold ornaments, medallions or any other articles beyond 22-carat
purity has been banned, according to a notification of the Directorate General of Foreign
Trade.
* REGULATORY: Collection of fees from various intermediaries by the Securities and
Exchange Board of India rose a sharp 33% on year in 2016-17 (Apr-Mar), the regulator's
annual report for 2016-17 showed.
* STEEL: The Supreme Court has restrained Essar Steel India from undertaking any
construction on the 276,000 sq.mtr of alleged forest land on the outskirts of Surat.
* TELECOMMUNICATION: Vodafone India has warned that industry revenue is set to fall
further on account of free calls to be offered on Reliance Jio Infocomm's 4G feature phone.
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list of eligible credit ratings agencies for non-banking finance companies.
* JEWELLERY: Export of gold ornaments, medallions or any other articles beyond 22-carat
purity has been banned, according to a notification of the Directorate General of Foreign
Trade.
* REGULATORY: Collection of fees from various intermediaries by the Securities and
Exchange Board of India rose a sharp 33% on year in 2016-17 (Apr-Mar), the regulator's
annual report for 2016-17 showed.
* STEEL: The Supreme Court has restrained Essar Steel India from undertaking any
construction on the 276,000 sq.mtr of alleged forest land on the outskirts of Surat.
* TELECOMMUNICATION: Vodafone India has warned that industry revenue is set to fall
further on account of free calls to be offered on Reliance Jio Infocomm's 4G feature phone.
