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 •  Housing sales may rise 16% in 2018; new supply up 32%: Anarock
During 2018, housing supply rose by 32 percent to 1.93 lakh units in the seven cities -- Delhi-NCR, Mumbai, Chennai, Kolkata, Bengaluru, Hyderabad and Pune.
 •  IOC to buy back 3% equity shares for Rs 4,435 crore
The company board also recommended an interim dividend of 67.5 percent (Rs 6.75 per share) for the 2018-19 fiscal.
 •  Yes Bank says on track to find CEO within RBI deadline
The final recommendation for the CEO post will be submitted to the Reserve Bank of India (RBI) after the next board meeting on Jan. 9, 2019, the bank said in a statement.
 •  Markets end in green; FMCG, realty stocks shine
Investors' sentiments were also buoyed by newly appointed Reserve Bank Governor Shaktikanta Das's meeting with heads of Mumbai-based public sector banks earlier in the day.
 •  Interpol issues Red Corner Notice against Mehul Choksi: CBI
Choksi, who escaped in the first week of January this year after he and his companies cheated the bank of Rs 7,000 crore, has taken citizenship of Antigua.
 •  IndiGo announces New Year sale, offers international flights starting at Rs 3,299
Tickets under the sale can be booked till December 16 for travel between December 27 and April 15.
 •  United Bank of India raises deposit rates by 0.25%
The interest rate for fixed deposits between 1-3 years will increase to 6.25 percent from 6 percent.
 •  Indian Railways to install aircraft-like black box systems in trains
Rs 100 crore has been allocated by the railways for installing it.
 •  Industrial output growth fastest in 11 months at 8.1% in October
During the April-October period, industrial output grew 5.6 percent as compared to 2.5 percent in the same period of the previous fiscal.
 •  Sebi expands OFS framework to all cos with market-cap of Rs 1K-cr and above
Currently, the OFS framework is available to top 200 companies by market capitalisation.
 •  Axis offers home-loan with higher principal repayment component
However, the interest outgo for a borrower has been kept at a higher level of 9.05-9.25 percent as against 8.85- 9.05 percent for the older product.
 •  Flipkart rejigs leadership team
The leadership changes announced span marketing, operations, engineering and product.
 •  Industry in agreement on need to cut levies, streamline GST issues: COAI
In the letter dated November 27, the COAI also demanded regulatory levies like spectrum payment, licence fee and spectrum usage charges be exempt from GST levy.
 •  Industrial output sets tone for robust economic growth: India Inc on IIP data
CII Director General Chandrajit Banerjee said IIP data augurs well for the narrative of economic strengthening, going forward.
 •  Irdai allows single personal accident cover for multiple vehicles
Currently, a vehicle buyer has to buy a CPA for every vehicle he or she purchase.
 •  Sebi examining whistleblower complaint against Sun Pharma: Tyagi
A whistleblower had last month approached Sebi with a document alleging various irregularities by the company, its promoter Shanghvi and others.
 •  Chanda Kochhar case pending before the adjudicating officer: Sebi
The bank is yet to file an application under its consent mechanism to settle the case, he added.
 •  Mistry camp questions affirmative vote of trustee nominee directors on Tata Sons board
Section 121 of the AoA of Tata Sons mandates that important matter of Tata Sons can only be decided with the affirmative vote of trust nominee directors.
 •  Tata Motors to hike PV prices across models by up to Rs 40,000 from January 1
The company will launch its new premium SUV Harrier in January.
 •  Sebi eases norms for FPIs, startups; allows MFs to segregate distressed assets
The expansion of offer-for sale scheme will include all companies with Rs 1,000-crore and above market-capitalisation.
Updated: 680 minutes ago
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