Shailendra Ashar & Associates

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14/03/2018

Commerce news as per today's financial newspapers 14.03.2018

Economic Times
Business Standard

Ø RBI scraps LoUs, the tool that set off India's biggest banking scam

Ø Raghuram Rajan defends 80:20 gold scheme

Ø Tata Sons sells shares worth nearly ₹ 9,000 cr in TCS

Ø Bhushan Steel's insolvency resolution put on hold

Ø SBI closes 41L SB accounts for not keeping min balance

Ø Nirav case: Total fraud amount rises to ₹ 13,600 cr

Ø Showcause notices issued to telcos on call drops: TRAI

Ø SC extends deadline for linking Aadhaar to phones, bank accounts

Ø States issued ₹ 283.98 bn as GST compensation till Dec: Arun Jaitley

Ø PNB discloses ₹ 9.42 bn additional exposure in Nirav Modi, Choksi fraud

Ø Govt to sell 10% stake in HAL through ₹ 42.30 billion IPO

Ø BPCL to participate in insolvency process for Nagarjuna Oil corp

Ø Banks agree to govt terms for ₹ 800-billion recapitalisation bonds

Business Line
Mint

Ø MCX set to launch world’s first brass futures contract

Ø Near-term correction likely in NCDEX refined soya oil

Ø July-Dec 2017 saw surge in MSMEs seeking credit for first time

Ø Suzlon installs India’s largest wind turbine generator

Ø Zydus Cadila gets USFDA nod for Tizanidine tablets

Ø HDFC to pare over 4% stake in AMC arm through IPO

Ø Gail India buys 2 LNG cargoes for April delivery-traders

Ø HDFC Bank blocks all its cards to buy, trade cryptocurrencies

Ø RCom says to appeal NCLT order against Reliance Infratel asset sale

Ø Bharat Dynamics IPO sees 32% subscription on Day 1

Financial Express
Financial Chronicle

Ø Over 9,000 cases under consideration of NCLT, including over 2500 cases of insolvency, says government

Ø India to become collateral damage in Trump’s trade war on steel, aluminium

Ø IBC: Government says no reduction in resolution plan submissions post Ordinance

Ø China accounts for 66 pct of India’s bulk drug imports in FY’17

Ø Karnataka allots 43 acres to Wistron for Apple’s iPhone unit

Ø SBI retains minimum balance limit, but cuts penalty charges by 75%

Ø Eicher ends Polaris JV, Multix dumped

Ø Suzlon to set up 36 wind units for Maharashtra utility

Ø Small cars have higher insurance loss ratio than SUVs

09/03/2018

Economic Times



Business Standard

Ø Indian economy will have V-shaped recovery: Garg

Ø PNB may be given 1 year to provision against fraud

Ø India Inc has Rs 2L cr cash trapped in balance sheets

Ø Government eases norms for e-way bill generation

Ø NCLT ​accepts Aircel's bankruptcy petition

Ø Adani, Essar, Jaypee power plants in stressed list

Ø Japan to recruit 2 lakh Indian IT professionals



Ø Corp resolution: L&T moves NCLT against Bhushan Steel

Ø India set to achieve 20 GW solar energy capacities this fiscal itself: Govt

Ø Direct tax collection rises 19.5% in the April-Feb period to Rs 7.44 trn

Ø Adani rethinks Abbot Point options as debt refinancing stalls in Australia

Ø Railways aim to save Rs 100 billion a year with reverse auction bidding

Ø Airtel-Telenor merger approved by NCLT; Airtel to get ops in 7 circles

Business Line



Mint

Ø UAE free trade zone woos Indian companies

Ø Choksi blames investigative agencies for flouting law

Ø BASF SE in talks to acquire Bayer’s vegetable seed biz

Ø Without US, 11 Asia-Pacific states to sign trade deal

Ø Apollo Tyres opens an all-women rubber sheet making unit

Ø KEC International wins Rs 1,378-cr job orders



Ø Bitcoin under pressure as US, Japan revive regulation concern

Ø Japan eyes India to fill manpower gap in its information technology sector

Ø Azim Premji quietly gives away more to charity

Ø Sugar mills hit as excess output trips supply balance

Ø Airbus signs contracts with two Indian startups

Financial Express



Financial Chronicle

Ø Corruption common in public sector banks but trust intact, says survey

Ø Parliamentary panel, SBI flag concern over stressed power companies



Ø Equity MF inflows intact despite sharp market fall

Ø Positive momentum in sales adds more teeth to auto sector

Ø ED confident of Nirav’s deportation to India

Ø L&T Infotech to help America’s vintage churches from decaying

07/03/2018

Commerce news as per today's financial newspapers 07.03.2018

Economic Times
Business Standard

Ø Govt to consult ONGC, OIL before auctioning fields

Ø Nirav Modi's firm moves HC against ED case

Ø Banks to collect passport details of bigwigs in 45 days

Ø E-way bill must for goods movement from June 1

Ø Bhushan Power resolution plan by month-end, says IRP

Ø Commercial coal mining can cut import bill by ₹ 30K cr

Ø Commerce Min to devise strategy on product standards

Ø States' debt woes to bloat India's budget gap: Oxford Economics

Ø Government banks wrote off ₹ 816.83 billion loans in FY17: Arun Jaitley

Ø PNB fraud: SFIO to quiz ICICI's Chanda Kochhar, Axis Bank's Shikha Sharma

Ø Tata Sons proposes to buy entire stake of Tata Trusts in Indian Hotels

Ø Moody's upgrades JSW Steel's corporate family rating to Ba2 from Ba3

Business Line
Mint

Ø Indian economy to recover gradually to 7.1% in FY2019

Ø Finance Ministry to coax Fitch for rating upgrade

Ø FinMin keeping close tabs on outgo, receipts

Ø BG-II cottonseed prices set to drop this season

Ø TVS Logistics moves into construction sector

Ø NFRA to have power to impose penalty on erring audit firms

Ø PNB fraud likely to swell beyond $2 billion mark

Ø Karti Chidambaram gets three more days CBI custody in INX Media case

Ø Withdraw defamation notice and apologize, COAI tells Reliance Jio

Ø Airtel acquires India leg of GBI submarine cable

Ø RBI increases FPI limit in UltraTech Cement to 40%

Financial Express
Financial Chronicle

Ø India to topple China yet again as fastest growing economy, and this time for 5 years

Ø Input-Output model reveals real picture of economic growth

Ø PNB has potential to raise capital, says Arun Jaitley

Ø ONGC Videsh signs pact with Iran’s IDRO Oil to jointly bid for $1 bn contract for developing Susangerd oilfield

Ø Regulatory reforms can help create 10 million jobs

Ø Bandhan Bank gets Sebi nod for ₹ 2,500-cr IPO

Ø GST, price hike slow solar commissioning

Ø New product to replace SGX-Nifty likely by May

Ø RBI may give ₹ 10,000 cr as interim dividend

05/03/2018

Commerce news as per today's financial newspapers 05.03.2018

*Economic Times*
*Business Standard*

Ø SBI tightens lending, won't fund interest payments

Ø India to remain fastest growing economy: FM

Ø Create sub-targets for PSL: RBI to MNC banks
Ø PNB: NCLT bars over 60 entities from selling assets

Ø GMR-M submits proposal for Manila airport expansion

Ø Saudi 's $16bn syndicated loan cuts funding costs

Ø Indian M&E industry to reach ₹ 2 tn by 2020: Report

Ø India 12th largest overseas holder of US securities in 2017 at $147.4 bn

Ø 359 infrastructure projects show cost overrun of ₹ 2.05 trillion: Report

Ø Five more public sector banks on brink of prompt corrective action: Icra

Ø PNB scam fallout: Trade finance hit as caution prevails, premium soars

Ø PSBs write off ₹ 5.16-bn NPAs of 38 wilful defaulters in H1FY18

Ø Proxy advisory firm questions exemptions in ₹ 369-bn ONGC-HPCL deal

*Business Line*
*Mint*

Ø Skill India Mission to impart training for jobs overseas

Ø Challenges aplenty in enabling DBT in farm sector: NITI Aayog

Ø Russia’s VTB Capital says it can bid more for Essar Steel

Ø NCLT admits SBI's insolvency proceedings against IVRCL

Ø Gold recovers after US tariff announcement

Ø DRI initiates prosecution against Nirav Modi

Ø RBI gets tough on MNC banks on priority sector lending

Ø 4.4 lakh unsold homes in 7 big cities at 2017 end: JLL India

Ø Sterlite Power to invest $10 billion in transmission lines in 4 years

Ø Axa is said to be in advanced talks to buy insurer XL Group

*Financial Express*
*Financial Chronicle*

Ø ArcelorMittal stands by $1 billion Mexico pledge despite trade threats

Ø Challenging target: Tough year ahead for disinvestment

Ø World's 500 richest people have lost combined 107 billion USD this week

Ø RBI gets tough on MNC banks, asks them to create sub-targets to meet PSL norms

Ø Tea production up 9.47% in December

Ø Private sector investment is likely to remain sluggish this year

Ø Sebi may seek urgent disclosure of ‘substantial’ loan defaults

Ø 6.5-7% growth rate is very reasonable: NITI

01/03/2018

Commerce news as per today's financial newspapers 01.03.2018

*Economic Times*
*Business Standard*

Ø Modi govt's asset monetisation drive gets a huge Australian boost

Ø 'Q3 marks India's return as fastest growing economy'

Ø Airtel wants to get out of towers, committed to Africa

Ø Currency in circulation almost at pre-note ban levels

Ø New LTCG tax: ESOPs may not get 'grandfathering'

Ø Canara Bank files fresh complaint against RP Infosystem

Ø Reliance Aerostructure-Thales JV gets CCI approval

Ø Bayer to win EU approval for Monsanto deal: Sources

Ø Bank guarantee limit for pulses & oilseeds for Nafed doubled to ₹ 190 bn

Ø Nirav Modi refuses to join CBI investigations in PNB scam case: Officials

Ø Govt announces ₹ 50 bn fund to jumpstart growth in 12 key services sectors

Ø Jan core sector growth sharply rises to 6.7%; cement, refinery output zoom

Ø Ex-RBI governor Subbarao cautions govt against deficit, import duties

Ø April-Jan fiscal deficit touches 113.7% of full-year target

*Business Line*
*Mint*

Ø Goa mining ban yanks down India investment ranking: Report

Ø SBI hikes deposit rates by up to 50 bps across tenors

Ø Economy to grow at 7.6% in calendar year 2018: Moody’s

Ø Dilip Buildcon wins ₹ 2,013-cr highway project

Ø Luxury market on course to touch $30 bn by December

Ø BHEL pays 40% interim dividend

Ø I-T dept issues look out circulars against Nirav Modi, Mehul Choksi

Ø Rel Jio prepares strong rural push to boost Jio Phone sales

Ø INX Media case: CBI gets one-day custody of Karti Chidambaram

Ø DLF arm to buy Gurugram land for ₹ 1,496 crore

Ø BSE to delist 36 companies from 5 March

Ø Cipla ties up with Roche to sell two key drugs in India

*Financial Express*
*Financial Chronicle*

Ø Smriti Irani suggests using jute in infrastructure, smart city projects

Ø Former RBI governor D Subbarao cautions India on deficit, import duties

Ø India needs to evolve into a pensioned and insured society, says Arun Jaitley

Ø 15th Finance Commission to commission study on cess collections of Centre

Ø Housing finance firms set to overtake PSBs in home loans

Ø India falls out of mining investment destination list

Ø Economy grows 7.2% in Q3, sigh of relief for Modi govt

Ø L&T to sell 2% stake in L&T Technology

28/02/2018

Commerce news as per today's financial newspapers 28.02.2018

Economic Times
Business Standard

Ø Market volatility won't stop more rate hikes: Fed Chair

Ø 'Monetisation of road projects can fetch ₹ 1.25 L cr'

Ø Probe NPAs above ₹ 50 cr, alert CBI, PSBs told

Ø World's biggest wealth fund returned $131b in 2017

Ø Nirav Modi-owned Firestar files for bankruptcy

Ø Dalmia Bharat consortium highest bidder for Binani

Ø Big banks brought stress to the system: RBL Bank

Ø Total foodgrain production estimate hits record 277.49 mn tonnes in 2017-18

Ø GST revenue collection dips marginally in Jan to ₹ 863 bn

Ø Jute industry stares at nearly ₹ 8 bn loss on dilution plan

Ø Moody's upgrades outlook on IDBI Bank to 'positive' from 'stable'

Ø AIIB approves $1.5-bn in loans to India for infrastructure projects

Business Line
Mint

Ø 15-day deadline to public sector banks for identifying risks

Ø ‘PNB does not need immediate capital allocation’

Ø No transaction fee on cross-currency derivatives trade for 3 months: NSE

Ø PM woos South Korean investors, assures protection

Ø Andrew Yule to divest engineering division

Ø Banks’ NPA from gem and jewellery sector rises to 30%

Ø PNB fraud: Banks seek forensic audit of Gitanjali Gems

Ø Telecom firms free to match Reliance Jio’s cheap tariffs, rules Trai

Ø GIC to buy minority stake in Prestige’s Exora Business Parks

Ø Creditors may offer to sell Amtek Auto along with subsidiaries

Ø PNB says fraud may cost bank nearly $2 billion

Ø Siemens unit’s IPO value is said to slip toward $32 billion

Financial Express
Financial Chronicle

Ø Arun Jaitley seeks higher funding for India from AIIB to bridge infrastructure gap in Asian region

Ø Comcast challenges Rupert Murdoch with $31 billion offer to buy Sky

Ø PNB Fraud Case: Part of Nirav Modi's money trail leading to Delaware in US, says ED source

Ø Finally bank credit growth moves into double-digits in Q2

Ø Hindustan Zinc invests ₹ 600 cr in 2 new mills

Ø MFI gross loan portfolio up 43%, delinquencies down

Ø Essar Steel auction a labyrinth of complex laws and ambiguities

Ø Govt may double import duty on wheat

27/02/2018

Commerce news as per today's financial newspapers 27.02.2018

Economic Times
Business Standard

Ø NCAER pegs India's 2018-19 economic growth at 7.5%

Ø CBI seeks details of nostro transactions from 5 banks

Ø DGS seeks HUL response on GST calculation method

Ø WhatsApp leaks: HDFC Bank submits report to Sebi

Ø Bhushan Steel bid: Liberty makes case before NCLT

Ø Services, industrials to lift Q3 GVA print to 6.8%

Ø UPI-based system mulled for retail investors in IPOs

Ø ₹ 11 trillion priority sector lending target achievable: FM

Ø SBI Chairman expects PNB to clear ₹ 13 bn dues

Ø RInfra wins ₹ 2.92 bn arbitration with Goa govt over non-payment of dues

Ø RIL-BP's $4 bn plan for developing 3 sets of discoveries in KG-D6 approved

Ø Weinstein studio to file for bankruptcy as investors stop funding

Business Line
Mint

Ø ACC shelves plans to merge with Ambuja Cement

Ø KYC norms for e-wallets made mandatory from March 1

Ø Technology, better supervision needed to tackle banking malpractices: CII

Ø Aircel’s woes rise as majority shareholder Maxis decides not to infuse more funds

Ø Daiichi-Ranbaxy row: HC orders attachment of Singh brothers’ assets

Ø PFC to lend ₹ 50,200 cr for UP power projects

Ø Indian equities no longer top pick among emerging markets

Ø Trai begins consultation to fix service quality norms for LTE calls

Ø Anadarko in talks with nine Indian firms to sell gas from Rovuma basin

Ø Idea-Vodafone building war chest to take on rivals

Ø Kalyan Jewellers looks to file IPO papers in a month

Ø BSNL selects Nokia to launch 4G service in 10 circles

Ø HG Infra IPO 11% subscription on Day 1

Financial Express
Financial Chronicle

Ø 70% IGST refund stuck due to flawed claims filed by exporters: CBEC

Ø Vodafone group CEO Vittario Colao terms Trai predatory pricing rule as unfair

Ø Govt publishes names of 9,500 high risk non-banking financial companies

Ø Grundfos bets big on e-pumps; eyes ₹ 1,000 cr turnover from India in 4 years

Ø RBI raises currency derivative trade limit to USD 100 mn

Ø Hindustan Zinc invests ₹ 600 cr in 2 new mills

Ø Bank NPAs to rise with new resolution rules

Ø Warburg Pincus to sell part stake in Lemon Tree Hotels via IPO

Ø Auction by Andhra Bank exposes chinks in banking

26/02/2018

Commerce news as per today's financial newspapers 26.02.2018

Economic Times
Business Standard

Ø PNB-wary banks now plan to get solid cover for lone wolf attacks

Ø Sebi, bourses probe stock manipulation at PSBs

Ø PNB: ED to seek info from over dozen countries on Nirav

Ø AP signs MoUs of ₹ 1.75L cr, RIL to invest ₹ 55K cr

Ø COAI says no question of apology to Reliance Jio

Ø Taxmen told to go the whole hog for record ₹ 10 lakh crore kitty

Ø 'India will soon leapfrog to cutting-edge rail technology'

Ø Dr Reddy's gets EIR, says USFDA maintained OAI status for Srikakulam plant

Ø JSW Steel close to acquire Italian firm Aferpi for ₹ 6 billion:

Ø Essar Shipping plans to double cargo tonnage to 30 MT by 2019-20: CEO

Ø Catholic Syrian Bank to increase equity to allow Fairfax on board

Ø PNB scam, possible Fed rate hike spur ₹ 100 bn FPI sell-off in Feb

Ø MSE gets Sebi nod for electronic book building mechanism for online bidding

Business Line
Mint

Ø Jaitley slams regulators’ failure to detect PNB fraud

Ø One-page return, staggered filing likely for GST

Ø Multinational accounting firms face the heat

Ø Bhushan Power bid: NCLT to hear Liberty House plea on Monday

Ø Pharma industry told to make use of changing demographics

Ø Turkish ground handling co Celebi plans to invest in India

Ø ONGC Videsh drops plan to build LNG export facility in Iran

Ø Hindustan Zinc to commission 2 new mills at ₹ 600 cr cost

Ø Grasim Industries gets green nod for ₹ 1,800 crore expansion project

Ø SBI set for UK restructuring

Ø Europe to shut ABLV Bank at center of a scandal roiling Latvia

Ø India may allow only commercial coal mining in the future

Financial Express
Financial Chronicle

Ø 70% IGST refund stuck due to flawed claims filed by exporters: CBEC

Ø Focus on investment, productivity to lead to sustainable growth rate: Report

Ø Huawei unveils world’s first 5G commercial modem

Ø Tech Mahindra bets big on 5G services, sets up lab in Bengaluru

Ø Wealth of Indian rich equals15% of GDP, poor getting poorer

Ø Sebi, SEs look for manipulation in bank derivatives

Ø FPIs pull out ₹ 10,000 cr from equity market this month

Ø CBI files ₹ 97 cr loan default case against Simbhaoli Sugars; chairman, Dy MD

Ø FinMin, RBI to hold talks on raising FII limit in G-Secs

20/02/2018

Commerce news as per today's financial newspapers 20.02.2018

Economic Times
Business Standard

Ø FIIs likely to start buying good Indian stocks at lower points

Ø RK Damani's Derive Investments buys 26.5 lakh shares of Fortis Healthcare

Ø Gold heads for biggest weekly rise in nearly two years

Ø Oil gains as dollar sags near 3-year low; many Asian markets shut

Ø ₹ 114-bn PNB scam: FinMin seeks RBI's view on lapses in banking system

Ø Tata Steel, JSW-Piramal joint venture bid for debt-laden Bhushan Steel

Ø Bhushan Steel up 20% on talks of Tata Steel become highest bidder

Ø Gitanjali Gems nears record low; stock tanks 46% in four days

Business Line
Mint

Ø Bharti Airtel, HMD Global tie up for 4G phones

Ø UCO Bank claims $411 m exposure in PNB fraud

Ø SEBI bans Real Sunshine Corp, directors from markets

Ø Mahindra Group to invest ₹ 900 cr more into EVs

Ø Oil prices hit highest level in nearly 2 weeks on Asian equity recovery

Ø Consolidation phase over, telecom firms set for growth war

Financial Express
Financial Chronicle

Ø Sensex dives 437 pts as bankers bleed; SBI, PNB plunge up to 10%; 8 PSU banks hit 52-week low

Ø Bitcoin crosses $11,000 in India today; recovery on

Ø PNB asks Gitanjali group firms to pay ₹ 1,045 crore

Ø IBC resolution may see loss of ₹ 58K cr to banks in 5 NPAs

Ø Anti-dumping duty on Chinese carbon black hurts tyre companies

23/01/2018

Economic Times



Business Standard

Ø Gross NPA may rise to Rs 9.5L crore by March: Study

Ø 'Tata Sons must consider buying out SP Group's stake'

Ø Budget '18: Govt may hike agri-credit target to Rs 11L-cr

Ø India sees scope for more integration among oil cos

Ø HPCL may acquire MRPL in cash, share-swap deal

Ø NCLT seeks McD reply on showcause notice

Ø Oil ministry seeks cut in excise duty on petrol, diesel



Ø RoC halts registering new cryptocurrency exchanges under Companies Act

Ø Axis Bank Q3 profit up 25% to Rs 7.2 bn as net interest income grows

Ø Ashok Leyland eyes 5-fold increase in light CVs' export; to invest Rs 4 bn

Ø Budget 2018: Agri-credit likely to increase to Rs 11 trn for better flow

Ø Tencent-backed Practo sees losses triple to Rs 1.9 b in FY17

Business Line



Mint

Ø India ranks 62nd on WEF’s Inclusive Development Index

Ø GNFC registers highest-ever performance in December

Ø India’s richest 1% corner 73% of wealth generation: Oxfam

Ø Sanofi to buy Bioverativ for $11.6 billion

Ø US FDA completes inspection of Shilpa Medicare Raichur units

Ø IFMR Capital facilitates SPiCE bond transaction



Ø IMF sees India GDP growth at 7.4% in 2018, China’s at 6.8%

Ø World Gold Council investigates standard for gold kilobars

Ø CPPIB to invest $144 million in ReNew Power Ventures

Ø RBI, govt may give banks more time to switch to IndAS

Ø Siemens Gamesa bags orders for 326MW wind power capacities

Ø Tiger Global is said to take a $1 billion stake in Barclays

Financial Express



Financial Chronicle

Ø Nearly 4% of GDP is lost due to malnutrition, says Assocham, EY joint report

Ø India asks Germany to help relax new EU rice import rule

Ø Tiger Global is said to take a $1 billion stake in Barclays

Ø India’s richest 1% corner 73% of wealth generation: Survey

Ø Larsen & Toubro launches second offshore patrol vessel



Ø India’s rising government bond yields are credit negative for its public-sector banks

Ø Govt has run away by classifying NSEL crisis as private dispute: Charry

Ø Goa miners expect lifting of iron ore limit by SC

Ø Sugar prices tumble on panic sale by mills

Ø Silver imports nearly doubled in 2017, thanks to GST

17/01/2018

Economic Times



Business Standard

Ø Government to deregister 1.20 lakh more companies

Ø Global IT spend to touch $3.68 tn this year: Gartner

Ø Bring oil, natural gas under GST: CII to govt

Ø Citi reports $18.3 billion loss on tax law in Q4

Ø India earned $27 bn from foreign tourism: Minister

Ø India to launch auction for 55 exploration blocks



Ø Sebi to vet Tata Sons bid to go private, evaluate minority interest

Ø Black money stashed in Singapore banks since 2008 now under govt scanner

Ø Patanjali to soon roll out textile portfolio 'Patanjali Paridhan': Ramdev

Ø MCX Q3 net declines 45% to Rs 187 mn on lower volumes

Ø Newgen Software Rs 4.25-bn IPO receives 20% subscription on day one

Business Line



Mint

Ø IndianOil in tie-ups with Israeli firms

Ø Bajaj Finance to acquire 12.6% stake in Mobikwik

Ø TCS bags $690-million contract from M&G Prudential

Ø ‘Expect India’s rank to improve in global IP index’

Ø Biscuit manufacturers call for lower GST rate

Ø Food subsidy bill may swell by 10% in 2018-19 budget



Ø GAIL renegotiates LNG deal with Gazprom

Ø Bayer expects CCI nod by April-May for $66 billion Monsanto deal

Ø Bitcoin falls 20% as fears of cryptocurrency crackdown linger

Ø Baba Ramdev’s Patanjali goes online, ties with Amazon, Flipkart and 6 others

Ø RIL declares 30% higher refinery capacity at Jamnagar plant

Financial Express



Financial Chronicle

Ø After Qatar and Australia, Russia lowers LNG price for India

Ø Higher tax provision caps ICICI Lombard net growth at 5%

Ø Dow Jones Industrial Average hits 26,000 for first time on earnings optimism

Ø GoM on GST Network to meet on Wednesday

Ø Resolution road: ONGC-HPCL deal went through a roller-coaster ride











Ø Four rail corridors to complete 'golden quadrilateral' likely to get nod in budget

Ø Evolution of 5G ecosystem to take 18-24 more months: Rajan S Mathews

Ø Bank of India seeks to exit STCI Finance this fiscal

Ø IOC braces for a green future

Ø Sebi set to issue final order against 5 brokerages involved in NSEL scam

15/01/2018

Economic Times



Business Standard

Ø Min panel's proposal to end MAT on SEZs under review

Ø C Sivasankaran warns of ‘action’ against Cyrus Mistry

Ø Arun Jaitley launches India’s 1st agro options contract

Ø Cairn India to invest Rs 37K cr to ramp up production

Ø Govt's new audit clause may give Big 4 a serious jolt

Ø Auto firms to report robust profit growth in Q3

Ø Rails supplied to railways are defect free, says SAIL



Ø NPA disclosure rules: Sebi keen on implementing a revised proposal

Ø Govt working on new schemes for next foreign trade policy to boost exports

Ø Finished steel exports surge 29% in Dec; imports slip 26%

Ø Govt to auction over 9,400 'enemy' properties worth Rs 1tn

Ø P-notes investment declines from Rs 1.31 trn to Rs 1.28 trn in November

Ø Significant competition ahead from pvt sector: CIL chairman

Business Line



Mint

Ø SEBI permits voluntary exit of two exchanges

Ø GDP growth not justifiable unless benefits reach farmers:FM

Ø Doing business rankings based on hard data: World Bank

Ø Vedanta urges govt to resolve retrospective tax issues

Ø Nine of 10 most valued firms add Rs. 66,619 cr in m-cap

Ø SEBI plans rules for uniform pricing of corporate bonds



Ø Bitcoin fever hits US real estate market

Ø WEF ranks India 30th on global manufacturing index, Japan tops

Ø Govt may drop proposal on self-reporting of income estimates, tax payments

Ø Gold prices hit 7-week high on global cues

Ø HDFC to raise Rs11,104 crore from investors including GIC, KKR

Financial Express



Financial Chronicle

Ø Govt plans review of functioning of independent directors

Ø Facebook might lose $23 bn after announcing changes to News Feed

Ø India needs more inclusive, active social policies, says economist Jean Dreze

Ø Housing and Urban Affairs Ministry seeks three-fold hike in Budget allocation

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