Top 10 biz headlines: FM to meet FPIs, MFs, no jail on CSR violation & more

From I-T dept relaxing assessment and scrutiny norms for start-ups to Coffee Day board appointing EY for audit, here are the top 10 business headlines on Friday

1) Govt gets ready for reforms to fight slowdown; FM to meet FPIs, MFs today 

Even as Finance Minister Nirmala Sitharaman is holding daily meetings with industry in the backdrop of sluggish economic growth, the Centre is planning reforms in crucial sectors over the next few months, Business Standard has learnt.

These plans include a public transportation initiative on the lines of the erstwhile National Urban Renewal Mission (JN-NURM) for the automobile sector, a tax overhaul through the direct tax code (which is in the works), and others. (Read more here)  

2) No jail for CSR violation: FM