Thursday, 26 October 2017

26 October 2017 News

26th October 2K17

Economic Times

Ø  Bank recap boosts Sensex, Nifty to lifetime highs
Ø  IGST relief likely for foreign banks, MNCs
Ø  RCom may shut its wireless business in next 30 days
Ø  Infy board unlikely to disclose internal probe details
Ø  RIL, BP finalise plans to develop all KG-D6 fields
Ø  'Food processing, retail will get $10 billion in FDI'

Business Standard

Ø  RBI, Centre see leap in economy
Ø  India levies anti-dumping duty on steel from China, EU, US
Ø  RCom to shut 2G biz; forces users to shift to 4G or port out
Ø  Partial privatisation of airports finds no takers
Ø  GIP to buy global portfolio of Equis Energy for $5 bn
Ø  Emami posts 49% increase in Q2 profit at Rs 99 cr

Business Line

Ø  Hind Unilever posts 16% rise in Q2 profit
Ø  ‘Germany, UK will gain the most from an India-EU free trade deal’
Ø  Bank recap plan to address sector challenges: Urjit
Ø  PM to open global meet on consumer protection
Ø  Delayed AGMs likely a pointer to poor results, says IiAS

Mint

Ø  Railways floats global tender for rails to improve track safety
Ø  Arvind Subramanian backs selective capital infusion, bank privatisation
Ø  Banks recapitalisation will hurt govt’s debt-to-GDP ratio
Ø  Venture capital-backed firms mop up record $9.6 billion in January-September 2017

 
Financial Express

Ø  Rail safety fund of Rs 1L cr to be used in 2 years, says Piyush Goyal
Ø  Bid for 500 MW delayed as industry body seeks central govt guidelines
Ø  US Treasury yields rise on upbeat data, Federal Reserve chair talk
Ø  Axis Bank NPAs: Essar, Jindal Steel & Power, Lanco, Ballarpur on list

Financial Chronicle

Ø  Global firms to pick stakes in ONGC, OIL blocks
Ø  Narayana Murthy to pursue poor governance issue
Ø  Govt’s booster dose sends SBI in the league of biggies
Ø  New India Assurance sets IPO price band at Rs 770-800