Following are business news

Following are business news
highlights at 1930 hrs today
New Delhi: Country's largest lender SBI has waived Merchant Discount Rate (MDR) on debit card transactions for all small merchants with annual turnover of up to Rs 20 lakh for one year. (DEL61)
Mumbai: Benchmark Sensex today closed almost 33 points lower at 26,726.55, extending losses for the second straight session, dragged down by healthcare, oil&gas and power stocks amid caution ahead of December quarter earnings due from this week. (DEL39)
Mumbai: The rupee today tumbled by over 25 paise to close at 68.21 against the US dollar on renewed worries over fall in the country's economic growth coupled with concerns regarding quarterly earnings due from this week. (DEL49) New Delhi: Dismissing slowdown concerns post demonetisation as "anecdotal", Finance Minister Arun Jaitley today said indirect tax collection grew at a decent 14.2 per cent in December buoyed mainly by excise, reflecting an uptick in manufacturing. (DEL32)

Mumbai: Ahead of the February 6 shareholders' meeting to remove Cyrus P Mistry as director on Tata Sons, the holding company of Tata Group has said the Mistry family did not have any right to nominate a director on the board as the Articles of Association do not provide for it. (DEL58) Gandhinagar: Prime Minister Narendra Modi will inaugurate tomorrow the eighth edition of Vibrant Gujarat Global Summit, that will be attended by Fortune 500 CEOs, including John Chambers of Cisco and Boeing's Bertrand Marc Allen. (DCM69) New Delhi: Tata Motors-owned Jaguar Land Rover (JLR) today reported its best-ever retail sales for December at 55,375 units, up by 12 per cent from the same month of 2015. (DCM54) New Delhi: Max Ventures and Industries (MaxVIL) part of Analjit Singh-led Max Group today announced a Rs 147.9 crore fund raising plan, which includes sale of 22.51 per cent stake to a subsidiary of New York Life Insurance Company for Rs 121 crore. (DCM71)

New Delhi: Moody's Investors Service today said Tata Steel's operative performance has shown improvement on the back of government steps like import curbs besides company's greenfield expansion in India but kept its ratings unchanged. (DCM 89)

New Delhi: Amid reports of tension between Infosys founders and its management, CEO Vishal Sikka has asked employees not to get distracted by speculations that question the company's commitment to "governance, integrity and values". (DCM 87)
New Delhi: Government today appointed three part-time Non-Official Directors on the all powerful Central Board of the Reserve Bank of India for a four-year term. (DCM 83)
New Delhi: Sebi chairman U K Sinha today travelled in Airport Express Line apparently to avoid traffic on Delhi roads. (DCM 81)

New Delhi: Government is considering a proposal to rename airports, a move that could ruffle feathers politically as many of the aerodromes are named after political leaders and known personalities. (DCM 80)
New Delhi: Over 50 representatives from various sectors in the country, including online retail and technology firms, have met WTO chief Roberto Azevedo to discuss issues pertaining to global trade. (DCM 76)
New Delhi: Government has not taken any decision on levying a Banking Cash Transaction Tax (BCTT) on cash deals of Rs 50,000 and above as suggested by the high-powered Chief Ministers' panel, Economic Affairs Secretary Shaktikanta Das said today. (DCM)

New Delhi: The Comptroller & Auditor General of India (CAG) is creating multiple databases that will help the institution access various sources of information to make audit process more transparent and accountable, the CAG Shashikant Sharma said today.