Daily Sector News Today – 26.10.2017

Daily Sector News Today – 26.10.2017

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* CORPORATE: Advertising Standards Council of India upheld complaints against 114 misleading advertisements in August, including those pertaining to HINDUSTAN UNILEVER, BHARTI AIRTEL, Amazon and DABUR INDIA.

* ECONOMY: The Centre has informed the Supreme Court that it was considering extending the deadline for mandatory linking of Aadhaar number with schemes to Mar 31, and will clarify its stand on the issue on Monday.

* ENERGY: The Adani Group is ready to start work on a 388-km rail link, a key part of its proposed $16.5-bln Carmichael coal mine in Australia.

* FINANCE: Indian Railway Finance Corp plans to raise at least 5 bln rupees through bonds maturing in 10 years and has sought bids from 1100 IST to 1130 IST on Thursday.

* INFORMATION TECHNOLOGY: External Affairs Minister Sushma Swaraj reiterated India's concerns over possible tightening of the H-1B visa rules when she met the visiting US Secretary of State Rex Tillerson.

* RAILWAYS: Railway Ministry has agreed to increase the land lease period for railway station redevelopment contracts to 99 years from 45 years.

* STEEL: India imposed anti-dumping duty on some cold-rolled flat products of stainless steel from China, the US, South Korea and the European Union.

* TELECOMMUNICATION: The Department of Telecommunications has introduced three new methods to link a subscriber's registered mobile number with Aadhaar, Telecom Minister Manoj Sinha said.