To access the newsletter, click on the link: http://share.thomsonreuters.com/assets/newsletters/Indiamorning/MNC_IN_12212016.pdf If you would like to receive this newsletter via email, please register at: https://forms.thomsonreuters.com/india-morning/ (India Morning Newsletter will not be published through the year-end holiday season from December 26, 2016 to December 30, 2016. Normal service will resume from January 2, 2017. Season's Greetings and Happy New Year.) FACTORS TO WATCH 10:15 am: Federal cabinet likely to meet in New Delhi.
11:15 am: State Bank of India Head Arundhati Bhattacharya to brief media at SBI Life Insurance event in Mumbai.
LIVECHAT-CHARTING FX Take a look at the FX charts with Reuters technical analyst Martin Miller at 04:30 pm. To join the conversation, click on the link: https://forms.thomsonreuters.com/communities/ INDIA TOP NEWS India to offer tax benefits to promote cashless economy - Jaitley India will offer tax incentives to small businesses engaged in cashless transactions, Finance Minister Arun Jaitley told reporters on Tuesday, as part of the government's fight against the cash economy.
Cyrus Mistry launches legal battle against India's Tata Sons Tata Sons' ousted chairman Cyrus Mistry ratcheted up his battle against the $100 billion software-to-salt conglomerate by launching legal proceedings on Tuesday, two sources familiar with the matter said.
Apple in talks with India to manufacture locally -WSJ Apple Inc is in talks with India's government to explore making products locally, the Wall Street Journal reported on Tuesday, as the U.S. firm aims to make deeper inroads in the world's second-largest mobile phone market by users.
GLOBAL TOP NEWS Obama bans new oil, gas drilling off Alaska, part of Atlantic coast U.S. President Barack Obama on Tuesday banned new oil and gas drilling in federal waters in the Atlantic and Arctic Oceans, in a push to leave his stamp on the environment before Republican Donald Trump takes office next month.
Australia set for strong M&A year though foreign investor limits dampen sentiment Australia's privatisation drive is set to draw billions of dollars of acquisition funds in 2017 adding to what corporate advisers expect to be a strong year for dealmaking, albeit one tempered by potential restrictions on foreign suitors.
Linde, Praxair agree $65 billion merger outline, ambitious cost savings German industrial gases group Linde and U.S. suitor Praxair have agreed an outline for a $65 billion-plus merger, with the combined company to be run out of the United States by Praxair's chief executive.