Newsmakers: Fitch gives negative outlook on JSW Steel, Meizu m2 Note review & more

Credit ratings agency Fitch on November 23, 2015 downgraded its outlook on JSW Steel to 'Negative' from 'Stable' due to risk of further decline in product prices.

Finance Minister Arun Jaitley on November 23, 2015 said that the steps taken by the government and the Reserve Bank of India to address issues in specific sectors will help reduce stress in the banking system over time.

Nestle, which had relaunched Maggi noodles on November 9 said on November 23, 2015 that it has started production of Maggi noodles from its fourth plant at Pantnagar in Uttarakhand.

The Pension Fund Regulatory and Development Authority (PFRDA) has made it mandatory for the subscribers of New Pension System (NPS) to submit applications online for settlement of withdrawal claims from April 1 next year.

Meizu on November 23, 2015 unveiled its "Meizu m2 Note" smartphone in India. Priced at Rs.9,999, the smartphone features 5.5-inch display with Gorilla Glass 3 and 13-megapixel auto focus rear camera with dual-tone flash and a 5-megapixel front camera, among others.