12/09/2018
Ø RBI nominee should not be on PSU boards: Rajan
Ø Choksi diverted over Rs 3,250-cr to foreign shores: ED
Ø RBI gave a list of big fraud cases to PMO: Rajan
Ø US to probe M&M over Fiat Chrysler Jeep complaint
Ø IBBI working on group insolvency norms: MS Sahoo
Ø Doubling limit for DRT may expedite loan recovery
Ø National Fund set to buy IDFC infra debt fund
Ø Regulatory policies pose top risk to India Inc: Study
Ø Power NPAs: SC transfers all pleas challenging RBI notification to itself
Ø Suzlon to offload 49% stake in two solar projects in Maharashtra to CLP
Ø Reliance Capital posts Rs 2.72 bn profit in Q1, total income at Rs 46.41 bn
Ø I-T dept sells more shares of Cairn Energy to recover Rs 102 bn retro tax
Ø ArcelorMittal's raised offer for Essar Steel plunges shares by 2.6%
Business Line
Min
Ø Centre to invite proposals to set up NBFC for food processing sector
Ø Panel of secretaries reviewing e-commerce draft to focus on FDI
Ø Real Effective Exchange Rate slips to 114.5 in August on falling rupee
Ø Goodricke in talks to buy two tea estates from McLeod
Ø HCL Tech’s buyback offer to start on Sep 18
Ø BPCL to skip Iran oil purchases in October
Ø Tata Power to offer suite of services in rooftop solar drive
Ø RBI nominee on PSU boards create illusion of regulatory control: Raghuram Rajan
Ø Distancing govt from PSBs will help avert NPAs: Rajan
Ø Reliance Jio to use Hughes satellite to provide 4G services in remote, rural areas
Ø Vijay Mallya to return to UK court for extradition hearing
Financial Express
Finncial Chronicle
Ø Ind-Ra downgrades IL&FS Financial Services on liquidity pressures
Ø Yes Bank raises USD 400 million through syndicated loan facility
Ø Blaupunkt to invest USD 300 million in India on TV business
Ø Corruption costs $2.6 trillion or 5 per cent of global GDP, says UN chief Antonio Guterres
Ø SC to hear ArcelorMittal plea against NCLAT order today
Ø Passenger vehicles sales skid 2.46% in August
Ø PSBs asked to set up one platform for sale of defaulters’ assets
Ø Rs 4L cr investor wealth wiped off in two days